Allocations
Citizens M&A Advisory served as the exclusive financial advisor to Health iPASS, a high-growth, innovative provider of cloud-based patient engagement software and revenue cycle management technology, in its sale to Sphere, backed by Waud Capital.
Health iPASS specialises in solutions that enhance provider revenue collections and deliver a streamlined healthcare consumer experience from appointment to final payment. The software helps providers accelerate cash flow, reduce the cost to collect, lower claim denials and improve patient relations. The technology improves the healthcare consumer experience by simplifying the check-in process and payment experience by facilitating pre-service, time-of-service and post-service engagement and patient
Sector-specialist M&A advisory firm Ciesco has reported global resilience in the tech, digital, media and marketing sectors in the face of the Covid crisis.
Ciesco tracked global M&A activity in these sectors, reporting 1,091 M&A transactions in 2020, with announced deal values of USD55.9 billion. This value excluded the one mega-deal of the year (defined as a deal greater than USD10 billion): the USD27.7 billion acquisition of communication platform Slack by Salesforce. This took place despite a mostly pandemic-induced 19 percent drop in M&A activity last year.
Digital Media, Traditional Media and MarTech were the most popular sectors for
Mid-State Industrial Maintenance (Mid-State), a portfolio company of CenterGate Capital, has further expanded its service capabilities in the aggregates industry with the acquisition of Mine Equipment & Design (MED).
Given the economic instability generated by the ongoing Covid-19 pandemic, European private equity deal activity showed remarkable resilience last year, according to Pitchbook’s 2020 European PE Breakdown.
The report found that private equity deal volume rose to a new quarterly peak in Q4 last year, closing more than 1,200 deals for the first time.
Both deal value and volume recorded third- and fourth-quarter decade-raging records, respectively, during what proved to be the worst economic climate since the Great Depression in Q2 2020, with 4,179 deals closing for a total of EUR449.1 billion.
The European private equity industry held back
Sentinel Capital Partners, a private equity firm that invests in promising lower mid-market companies, is to sell Pet Supplies Plus (PSP), the third largest pet specialty chain in the US, to Franchise Group. The deal is valued at USD700 million.
The total value of UK listed companies taken private by private equity firms increased from GBP2.3 billion to GBP21.1 billion in the last 12 months, shows new research from accountancy and business advisory firm BDO LLP.
Sproud, the Swedish maker of a range of plant-based milks announces today that it has raised GBP4.8 million from growth capital investor, VGC Partners.
The investment will be used to grow Sproud’s team, accelerate the brand’’s distribution and brand building activities in the company’s core markets – including the UK, US and Canada – and for further development of its plant-based and 100% vegan product offering.
Sproud launched in Sweden in 2018, and has expanded to 15 markets in just two years. It is available across the UK via supermarkets and online retailers such as Waitrose, Ocado, and Amazon, in
Dutch-German investment manager Primevest Capital Partners and communications group Vodafone Germany are to roll-out a state-of-the-art fibre optic network in the city of Hadamar in the Hessian district of Limburg-Weilburg.
Primevest will finance and build the infrastructure for around EUR20 million and lease it back to operator Vodafone, which will market and provide ultra-high-speed internet services over the new network.
Bas van Dongen, Communication Infrastructure Partner at Primevest Capital Partners, says: “Germany is one of the world’s leading economies but lags behind other markets in the provision of superfast broadband connectivity, which acts as a drag on productivity, both
Global private equity firm OpenGate Capital’s portfolio company, SMAC, is to sell its skylights division to Kingspan Light + Air, a division of Kingspan Group.
The agreement includes the sale of Skydôme, a subsidiary focused on the production of daylighting, ventilation, smoke evacuation, and roofing access systems, and Essemes Services, a division of Skydôme, specialising in the installation of skylights and the maintenance of fire safety equipment.
Terms of the agreement have not been disclosed, and the final sale is subject to closing conditions and works council consultation.
The pending sale of Skydôme and Essemes enables SMAC to focus
Memery Crystal, a London-based law firm, has entered into an exclusive agreement with Parisian law firm, Fides Partners to offer UK clients a comprehensive and independent management advisory offering for private-equity backed deals.
This tie-up will allow Memery Crystal to provide a unique advisory service to management teams that includes financial, alongside traditional legal and tax advice. Offering a complete advisory service stops the need for multiple advisors, ensuring simplicity and efficacy throughout the process.
Memery Crystal has a record of acting for motivated individuals, whether management teams, owner managers or entrepreneurs, on a variety of transactions. The firm
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12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
