Deals
The corporate finance team at accountancy and business advisory firm BDO UK has had a record year of deals, completing 300 transactions in 2017, with a combined value of more than GBP18.5 billion.
Deal volumes for BDO have grown 23 per cent from 243 in 2016 to 300 in 2017, while deal value increased to GBP18.5 billion in 2017 – a 50 per cent increase on the GBP12 billion total last year and a 12-year high for the firm.
Transactions involving private equity also increased by more than 50 per cent from 79 deals (2016) to 120 (2017), with
Cevian Capital has today completed the sale of its entire shareholding in AB Volvo to Nomura International (Nomura) and Barclays Capital Securities Limited (Barclays).
The sales comprises 88.47 million A-shares and 78.77 million B-shares, corresponding to 8.2 per cent of the company’s share capital and 15.6 per cent of the votes.
Nomura and Barclays have committed to sell the AB Volvo shares to Geely Holding, and Geely Holding has committed to acquire the shares following the receipt of necessary regulatory approvals.
Gide has advised ENGIE on the acquisition of Afric Power and Tieri, two companies specialising in energy services in West Africa.
Based in Côte d’Ivoire, Burkina Faso, Mali and Niger, Afric Power and Tieri employ over 140 people who specialise in the design, installation and maintenance of electrical systems and automated control mechanisms in West Africa. In acquiring Afric Power and Tieri, ENGIE gains a strong local foothold to boost its development in energy services in Central and West Africa.
Through this acquisition, ENGIE will implement a regional platform to offer energy services (installation and maintenance) to secondary and
Shearman & Sterling has advised private equity firm Marlin Equity Partners on debt financing in relation to Marlin’s acquisition of a majority stake in social media analytics company TalkWalker. The financing consisted of a New York law governed term loan and revolving credit facilities.
Marlin Equity Partners is a global investment firm focused on providing corporate parents, shareholders and other stakeholders with tailored solutions that meet their business and liquidity needs. Marlin invests in businesses across multiple industries where its capital base, industry relationships and extensive network of operational resources significantly strengthen a company’s outlook and enhance value. Since its
Silknet has acquired Geocell, the second-largest mobile operator in the Republic of Georgia, after reaching an agreement with Geocell’s shareholders, Telia Company and Turkcell.
The acquisition, which values Geocell at USD153 million, will be financed through a combination of debt – a syndicated loan arranged by TBC Bank with other Georgian and regional banks – and equity. The transaction creates a major convergent telecom operator in the Republic of Georgia, combining the assets of the country’s largest fixed-line company, Silknet, with the mobile telecommunication activities of Geocell.
Georgian consumers can expect significant benefits from the combination, thanks to new
Specialist mortgage business, Enra Group, has acquired master broker Vantage Finance.
Enra, an Exponent Private Equity portfolio company, has purchased the master broking business from management and existing private equity backer, Chiltern Capital, as part of the Group’s growth strategy. Vantage will sit alongside existing master broker Enterprise Finance in the Enra portfolio, to strengthen the Group’s position in specialist mortgage broking.
The Vantage operation will continue to service existing broker and client relationships at their current location, in the same way, with the existing team, name, and core values. At the same time, the business will benefit from
Inflexion Private Equity’s portfolio company Ocorian, a financial services firm, has acquired Capco Trust, a Jersey-based private client and corporate services business.
The deal will expand Ocorian’s service capabilities and client base, as well as the scope of its service offering to include expertise in international shipping finance. In turn, Capco’s clients will now benefit from an enhanced range of specialist financial services across a much wider range of international jurisdictions.
The deal is the third for Ocorian in the last 6 months, having announced the acquisitions of MAS in July 2017 and Intruad/Intruma in October 2017. Each acquisition
Mediware Information Systems, a portfolio company of TPG Capital, has acquired MEDTranDirect, a specialist in software solutions for healthcare revenue cycle management and an approved network service vendor for Medicare.
The transaction complements the revenue cycle management and Medicare claims capabilities in Mediware’s leading home care market solution, Kinnser Software, while simultaneously leveraging Mediware’s heritage of supporting data-driven clinical excellence and improving efficiencies in administrative workflow.
“At Mediware, we are transforming and empowering data-driven decision-making across the continuum of care to help providers determine the most cost-effective paths to improving patient outcomes,” says Bill Miller, CEO of Mediware. “With
Equistone Partners Europe has completed the sale of Concept Life Sciences to London Stock Exchange-listed productivity-enhancing instrumentation and controls company Spectris (LSE: SXS) for GBP163 million.
Concept Life Sciences provides integrated drug discovery, development, analytical testing and environmental consulting services to an international customer base mainly in the pharmaceutical, biotechnology, agrochemical and environmental sectors.
The Manchester-headquartered company was initially formed in July 2014 with backing from mid-market private equity firm Equistone Partners Europe. The investment provided the business with a platform to make acquisitions and develop into a world leading contract research and testing organisation focused on delivering scientific
Lower middle-marker private equity firm Rotunda Capital Partners has invested USD20 million into StreetShares, a provider of small business loans and government contract financing for businesses owned by members of the military and veterans’ community.
The investment provides growth capital for StreetShares and establishes Rotunda Capital as the Company’s largest investor.
“StreetShares has built a differentiated financial services platform by combining a military-affinity focus, cutting-edge credit application and adjudication technology, and an experienced and dedicated team,” says John Fruehwirth, Managing Partner at Rotunda. “We are pleased to help StreetShares continue to dramatically improve access to credit for veteran-owned small
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12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
