Deals

Americas

Arcline buys IPS from Industrial Growth Partners

Arcline Investment Management has acquired Long Beach, California and UK-based Integrated Polymer Solutions Inc, a maker of elastomeric components. The seller is Industrial Growth Partners. No financial terms were disclosed. William Blair served as financial adviser to Arcline on the deal.Read More

Charlesbank appoints ex-GE chairman/CEO as advisory director

Charlesbank Capital Partners has named John Flannery as advisory director. Previously, Flannery was chairman and CEO of GE.Read More

Recruitment platform Glints raises $6.8 mln led by Monk’s Hill

Singapore-based Glints, which operates a recruitment and career development program in Southeast Asia, announced it has raised $6.8 million in an oversubscribed Series B round. Monk's Hill Ventures led the funding, which also included new investor Hong Kong-based MindWorks Ventures and existing backers Fresco Capital and Wavemaker Partners.Read More

PE-backed HFRI acquires PARA

Healthcare Financial Resources, which is backed by Housatonic Partners, has acquired PARA HealthCare Financial Services, a provider of market-based pricing tools, analytics products, and consulting services for healthcare organizations. No financial terms were disclosed.Read More

Moxxie Ventures is seeking $25 mln towards maiden fund

Moxxie Ventures, a firm based in Mountain View, California, is seeking $25 million towards its first fund, according to a filing with the SEC. First sale was not reported.Read More

Asia Pacific

HSA Advocates advised a consortium of four ports in relation to strategic sale of Dredging Corporation of India by Government of India

HSA Advocates represented a consortium of four ports Vishakapatnam Port Trust, Paradeep Port Trust, Jawaharlal Nehru Port Trust and Deendayal Port Trust in relation to strategic sale of Dredging Corporation of India concluded by Government of India (GoI). The four ports have acquired 100% of GoI's shares in Dredging Corporation of India (i.e. 73.47%...

Duff & Phelps enhances restructuring and dispute offering with acquisition of Zolfo Cooper Asia

Expands Footprint in Greater China Region Duff & Phelps, the global advisor that protects, restores and maximizes value for clients, today announced the acquisition of Zolfo Cooper Asia, a leading independent provider of restructuring, insolvency, litigation support and forensic accounting services. The combination of Duff & Phelps and Zolfo...

Investcorp launches in India with acquisition of IDFC Alternative’s Private Equity and Realty Businesses

Entry in to India expands footprint of direct investments into Asia Investcorp a leading global provider and manager of alternative investment products, today announced the launch of its operations in India with the imminent completion of its first deal, the acquisition of the Private Equity and Real Estate investment management businesses of IDFC...

China, Japan overseas M&A push to extend in 2019

China’s economic growth slowdown to drive dealmaking abroadJapanese companies may continue to seek large foreign dealsCompanies in China and Japan will continue their pursuit of overseas acquisitions this year amid the economic growth slowdown and geopolitical uncertainty, according to JPMorgan Chase & Co. Ready availability of capital will...

Japanese groups invest £4.2bn in the UK and Ireland between 2013 and 2017, reveals new M&A report by Livingstone

Transaction values in UK and Ireland reached £978m from Japanese group acquisitions in 2017230 middle market companies acquired across the globe by Japanese groups – up 13% from 2016 Global increase in total transaction values globally to £15.9bn in 2017 –up 15% Europe continued to experience high buyer interest from Japan in 2017, with average...

Europe

Stirling Square Capital partners acquires Logent Group

Stirling Square Capital Partners (“Stirling Square”), a leading pan-European mid-market private equity firm, today announces that it has signed an agreement to acquire Logent Holding AB (“Logent” or “the company”). The transaction is expected to close in June.  Logent is the leading independent provider of customised contract logistics...

Paragon Group acquisitions further expands digital expertise

Paragon Group, the leading provider of customer communications, identification and graphics services, is pleased to announce the acquisition of Celerity Information Services, ORM and Graft Services in a multi-million-pound move. The purchase of the three businesses, with total turnover in excess of £30m, will further strengthen the company’s digital...

YFM Equity Partners backs the growth of elearning specialist Elucidat with £3.5m investment

Funds advised by YFM Equity Partners (“YFM”), the specialist private equity fund manager have backed an investment into Elucidat Limited, an elearning software business. The £3.5million investment from YFM’s advised funds will be used to accelerate product development so that Elucidat’s customers can produce learning content faster and...

77 transactions borne out of global fertility market since 2009, Livingstone finds – with 2018 being the busiest year

New analysis from the international mid-market M&A firm, Livingstone, reveals there have been 77 transactions in the global IVF and fertility treatment market since 2009. The research which analyses deals in the sector across 12 different countries also shows that M&A activity was at its highest level in 2018 – 22 transactions were completed last...

Bowmark sells Aston Lark to Goldman Sachs

Bowmark Capital, the mid-market private equity firm, has agreed to sell Aston Lark, a leading independent insurance broker, to Goldman Sachs’ Merchant Banking Division.  Completion of the transaction is expected to occur following receipt of approvals from the Financial Conduct Authority and the Central Bank of Ireland, and antitrust approval. Aston...

Mena

Israel’s Magenta Venture Partners announces first closing of a new $100M fund focused on early stage Israeli startups

Israeli VC firm Magenta Venture Partners announced today a new venture capital fund targeting $100 million. The new fund had its initial closing in October 2018 and is planning its final closing in 2019. Magenta Venture Partners is an equal partnership between Mitsui & Co. Ltd., one of the largest trading and investment companies in Japan,...

Roquette invests in Israeli seed breeding company Equinom

The companies signed an agreement to develop high-protein pea varieties for food markets Roquette, a global leader in plant-based ingredients for Food, Nutrition and Health markets and a pioneer in new vegetal proteins, and Equinom Ltd., an innovative Israel based breeding technology company, have signed a partnership agreement for the development...

Maitland acquires Talaria, launches Maitland Family Office

Cross-border specialist wealth service likely to appeal to those needing offshore estate planning Maitland, the global advisory and administration firm, has announced the formation of Maitland Family Office, a multi-family office to service high net worth families, individuals and entrepreneurs in South Africa. The new entity will be one of the...

MENA drops 57.6% in value of M&A

The value of mergers and acquisitions in the Middle East and North Africa region declined by 57.6 per cent in 2017, despite the deal count maintaining almost the same level as the previous year, according to Mergermarket, a provider of M&A data and intelligence. For full year 2017, 126 deals worth approximately $16 billion (Dh58.76 billion) were recorded...

Private equity consortium invests into supplier of corporate and promotional apparel

A private equity consortium comprising RMB Corvest, RMB Ventures and Ethos Mid Market Fund have, alongside management, acquired 100% of Kevro, Africa’s largest value-add supplier of corporate and promotional apparel, and other brandable products.  Kevro was acquired from Ethos Fund VI, which had owned a 72% stake in the group since 2011 and...

International

Uber to acquire Careem to expand the greater Middle East regional opportunity together

Careem to become a wholly-owned subsidiary of Uber, operating as an independent company under the Careem brand and led by Careem foundersOpportunity for both companies to rapidly expand and capitalise on the region’s underpenetrated mobility opportunity and growing digital economy Transaction would be largest-ever technology industry transaction...

Litigation funding to double in five years as asset class becomes mainstream

Litigation funding is undeniably becoming a mainstream asset class with the market set to double in the next five years.  This is the prediction from Dilip N Massand of Legal Ventures, a UAE based fund by Phoenix Advisors that specialises in emerging markets. It is backed by Dalma Capital, a leading alternative investment manager. Litigation ...

Offshore deal value jumps usd 100 billion in 2018

Record 196 offshore IPOs completed over course of the year, Appleby reports The total value of offshore M&A deals rose by a massive 47% in 2018 when compared to the previous year, driven in part by a surge in megadeals each valued at USD 5 billion or more, according to a report released today by offshore law firm Appleby. The latest edition of...

EMEA Deal Drivers in 2018

This exclusive and comprehensive report presents an in-depth review of all M&A activities across Europe, the Middle East and North Africa (EMEA), with analyses of specific geographical regions and market sectors. It also identifies key trends set to develop over the course of 2019. The report key highlights include: 2018 saw uneven progress for M&A,...

Intralinks® Deal Flow Predictor for Q2 2019

The number of announced M&A deals in Europe, the Middle East & Africa is forecast to fall by around 1 percent year-over-year during the first six months of 2019, with the Real Estate, Energy & Power and Materials sectors in Southern Europe and the Middle predicted to lead growth, according to the latest issue of the Intralinks Deal Flow Predictor.  Along...