Aurelius Equity Opportunities SE & Co has agreed to acquire GKN Wheels & Structures from GKN. The transaction is expected to complete in November and is conditional on receiving anti-trust approval.GKN Wheels & Structures is a manufacturer of off-road wheels and an engineering solutions provider. The company employs c900 people worldwide with four manufacturing facilities in the UK, USA and Denmark in addition to test centres in Italy and the USA. In 2019, GKN Wheels & Structures generated global sales of over GBP170 million, demonstrating the company’s eminent position as a market leading supplier to the global agricultural, construction, automotive,

Vast Broadband (Vast), a provider of gigabit-speed broadband, video, and phone in South Dakota and Minnesota, is to be acquired by GI Partners, a US-based investor in data infrastructure businesses, in partnership with industry veteran Rich Fish. GI Partners will support the company and its employees to continue providing world-class service to communities throughout the region.   “Vast is committed to providing its customers with access to the most reliable, high-speed broadband connectivity available,” says Fish, incoming CEO of Vast Broadband. “As a native of the Great Plains, I am thrilled to partner with the local employees at Vast to bring

Kainos Capital, a private equity firm focused exclusively on the food and consumer industry, is to acquire Nutrisystem, a direct-to-consumer nutrition and weight management brand, from Tivity Health for USD575 million. For over 45 years, Nutrisystem’s clinically proven plans have helped millions of people lose weight safely and effectively. Nutrisystem provides a balanced and clinically proven approach to weight loss with portion-controlled foods specifically designed to meet consumer needs that are conveniently delivered directly to customers’ doors. The Company’s portfolio of entrées, snacks, and shakes is complemented by various live counselling options, including trained weight loss coaches, registered dietitians and certified

Prometheus Group, a global provider of asset management operations and optimisation software, has acquired Utopia Global, a data solutions company known for its end-to-end data quality, data migration and data governance solutions.Utopia Global (Utopia) was co-founded in 2003 by Arvind J Singh (CEO) and Narinder J Singh (COO). The company is a specialist in enterprise data management software solutions and services that enable organisations to analyse, correct, enrich, and govern their data.   Many of Utopia’s software offerings are listed on the SAP price list and sold by SAP globally as Solution Extensions to their master data governance solutions, including the

Gulf Capital has acquired a significant majority stake in the CWB Group (CWB), an intellectual property services provider across the Middle East and North Africa (MENA). Founded in 2006, CWB provides Patent and Trademark services including counselling, clearing, filing, prosecution, maintenance and enforcement services to Fortune 500 companies across the MENA region. CWB’s service offering also extends to anti-counterfeiting and commercialisation of IP. CWB works with its clients to conceive and execute strategic solutions to manage, protect and enforce their Intellectual Property (IP) through its seven offices and member firms in the Middle East and North Africa region. Some of the

SDCL Energy Efficiency Income Trust (SEEIT), the first UK-listed investment company of its kind to invest exclusively in the energy efficiency sector, has agreed to acquire a 100 per cent interest in Värtan Gas Stockholm AB (VGSAB), the ultimate owner of the established, operational and regulated gas distribution network for Stockholm, Sweden, involving an equity investment of approximately GBP100 million.VGSAB is an essential infrastructure service that helps to reduce pollution and greenhouse gas emissions by reducing and reusing waste gases both at the point of production, for example at municipal waste water treatment plants and, at the point of use,

Tech-focused private equity firm Thoma Bravo is to acquire a controlling interest in AxiomSL, a provider of cloud-enabled risk management and regulatory solutions for banking, investment management, broker dealers and commodity trading institutions. The transaction is expected to close by the end of the year, subject to customary closing conditions. Financial terms have not been disclosed. Founded by CEO Alexander Tsigutkin and CTO Vladimir Etkin, AxiomSL serves the world’s premier financial institutions through ControllerView, its intelligent data management and analytics platform. AxiomSL’s platform provides cloud-based, risk management and regulatory solutions, which include over 5,000 risk and regulatory reports across 55 jurisdictions