Deals

Asia Pacific

Four of the five largest private equity funds are in Asia

At a time when a record number of private equity (PE) funds are seeking capital from investors around the world, Asia is emerging as a hotbed of PE activity, and this is reflected from the fact that three of the five largest funds on the road to raise capital at the end of first quarter this year focus on this continent.Again, of the five largest...

Japan dominates Asia-Pacific outbound M&A for Q1

Japan’s continued hunt for growth pushed it to the top of the Asia-Pacific region for outbound deal value during the first quarter of 2017, knocking China from its top spot as Chinese buyers face their own regulatory and political challenges, experts say. The first quarter of the year saw Japanese buyers ink $14.72 billion in transaction value...

Chinese capital constraints send shock through global M&A

Outbound deals hit lowest level since 2014 after cash clampdown For months, Chinese conglomerate Fujian Thai Hot has been on the cusp of completing a $1.4bn buyout of a Hong Kong-based life insurer.There has been just one problem: the cash needed to pay for the deal has been stuck inside China, awaiting a final regulatory sign-off from the country’s...

Inox Renewables to sell wind power assets to Leap Green Energy

Leap Green Energy said the acquisition will help it increase its operating capacity to 762MW across four states Inox Group has decided to exit the wind farm business to focus on its core businesses, including that of wind turbine manufacturing. Mumbai: Renewable energy firm Inox Renewables Ltd on Tuesday said it has agreed to sell its operating wind...

Asia-Pacific financial sector M&A declines amid uncertainty

Volume falls 38% amid global turmoil; China, South Korea post growthThe number of mergers and acquisitions involving financial companies in the Asia-Pacific region dropped 10% in 2016 from the previous year amid increased global uncertainty, according to Deloitte Tohmatsu Financial Advisory.The business of buying and selling companies was negatively...

Europe

ResponseSource acquires JournoRequests

Media request startup JournoRequests has joined the ResponseSource family of services for PR professionals following its acquisition by the company.JournoRequests will complement ResponseSource's market-leading Journalist Enquiry Service which is forecast to distribute over 31,000 requests from UK journalists this year.ResponseSource...

​Consortium announces investment in Thames Water

Borealis Infrastructure (“Borealis”), the infrastructure investment manager of OMERS, and Wren House Infrastructure Management Limited (“Wren House”), the infrastructure investing arm of the Kuwait Investment Authority, (each a “Consortium Member” and collectively the “Consortium”), are pleased to announce that they have agreed to acquire...

​Aquila Capital expands Nordic portfolio with acquisition of wind project in Finland

Aquila Capital is expanding its portfolio in the Nordics with the acquisition of its first project in Finland, a wind farm with an installed capacity of 14.4 MW on the coast near Kokkola.The Windpark Ykspihlaja includes four Nordex N131/3600 turbines and is in one of Finland’s most favorable locations with an average wind speed of 7.7 meters/second....

New ONS M&A report shows increase international deals in the UK hit record levels

Livingstone has just released its 2014-2016 Global M&A deals Tracker (attached) which breaks down the volume of international M&A deals. Stats include the following;Chinese acquisitions of UK companies increased by 215% in the period 2014-2016, although they account for only one in 20 international acquisitions in the UK marketplace;US investors remain...

​Maven Capital Partners completes £6.5 million MBO of Healthpoint Limited

Funding package will enable Healthpoint to drive growth through new product development and further penetrate grocery multiples, value retailers and export marketsMaven Capital Partners (“Maven”), one of the UK’s most active private equity houses, has completed a £6.5 million management buy-out of Healthpoint Limited (“Healthpoint”), which...

Mena

Cars and computing: Saudi adult courses seek self-reliance

The kingdom for the first time is giving short technical courses -- among them household electronics and computing -- to men and women who say it's a further step towards easing their country's reliance on foreign labour.The move complements efforts to build a more self-reliant economy after the collapse of global oil prices.It also helps dispel misconceptions...

Energy market seen as vulnerable to prolonged Gulf crisis

With rising US shale oil output driving a global supply glut, the decision by Saudi Arabia and its allies earlier this month to sever diplomatic ties with Qatar provided only a fleeting boost to prices."Given the severe supply glut in the oil markets globally, it is quite unlikely that the Gulf spat would lead to a spike in oil prices in the short or...

Middle East investors acquired stake in online firm Bloovo.com for $3 million

A consortium of Middle East investors have acquired stake in the online recruitment platform Bloovo.com for $3 million. Established in 2016, Bloovo.com is an online recruitment website having around 1,800 employers as of May 2017. It is adopting data science and algorithms in the recruitment process as a means of eliminating the job mismatch problem....

Bahrain investors acquired Nordic firm ABAX for $210 million

Bahrain investment firm Investcorp has acquired ABAX, a vehicle tracking systems technology firm based in Norway, for $210 million. Founded in 2003, ABAX is headquartered in Norway with 350 employees. It develops telematics solutions for commercial and private vehicles and sells products for fleet management and GPS tracking. Their other offices are...

Dubai investors of GII acquired stake in Canadian firm Nymi for $15 million

Dubai private equity firm Gulf Islamic Investments (GII) and a consortium have acquired stake in Canadian firm Nymi for $15 million. Based in Toronto Canada and founded in 2011, Nymi launched its wearable authenticator in 2014 which uses a wearer's cardiac rhythm as biometric identifier. GII is a UAE-based financial services company regulated by the...

International

New Isle of Man enterprise development scheme deals completed

Nimbus Medical Holdings Limited has been awarded funding to support its InterCare® integrated technology platform, relocating its premises and creating new jobs on the IslandNew start-up Scout4’s app for construction workers has also received EDS investmentMore than £1.2 million of funding has been committed to help bring new businesses to the Island...

Global M&A Activity Predicted to Increase in First Half of 2017

The Intralinks Deal Flow Predictor, an indicator of future mergers and acquisitions (M&A) announcements, with a proven track record for accuracy, forecasts a six percent increase in the total number of M&A deals announced globally in 1H 2017 compared to 1H 2016, setting a new record for annual first half global announced deal count.“The fact that...

Could protectionism stop your dealmaking? - Intralinks Deal Flow Predictor report released

The Intralinks Deal Flow Predictor forecasts the volume of future merger and acquisition (M&A) announcements by tracking early-stage M&A activity – sell-side M&A transactions across the world that are in the preparation stage or have reached the due diligence stage. These early-stage deals are, on average, six months away from their public announcement.Along...

​Elementis significantly increases the scale of its personal care business with US$360 million acquisition of SummitReheis

Acquisition adds a high quality business with significant potential for further growth in the attractive personal care segmentElementis plc (“Elementis” or the “Group”) today announces that it has entered into an agreement to acquire SRLH Holdings, Inc. (“SummitReheis”) from an affiliate of One Rock Capital Partners, LLC (“One Rock”)...

Global M&A is having a moment with best start to year since 2000

With pent-up demand from 2016 and the challenges of an unpredictable U.S. administration ahead, companies seeking to get deals done kicked off this year with a bang.Global M&A activity amounted to $224 billion in January, the highest volume since 2000 in the first month of the year, according to data compiled by Bloomberg. For the first time since 2008,...