Deals

Asia Pacific

Southeast Asia M&A surges to $53.5b in Jan-Sept 2017, led by transport sector

Southeast Asia saw mergers and acquisitions worth $53.5 billion across 290 deals in the first three quarters of this year, a strong performance outdone only by the Q1 to Q3 performance in 2013. According to Mergermarket data, Q3 alone saw 97 M&A deals worth $26.7 billion in the region, up 81.8 per cent from the same period in 2016. Three...

Asia bucks trend: Global M&A deal value slips in July-Sept

The value of mergers and acquisitions globally dropped slightly in the third quarter of 2017, as big deals worth more than $10 billion were scarce given uncertainty about economic policy in the U.S. and Europe in particular, leaving dealmakers to feast on a plethora of smaller transactions. Even as major stock markets continued to climb higher, big...

Gangtai Group: the acquisition of 85% stake in Buccellati has been completed

The transaction aims at reinforcing Buccellati’s international presence with an investment plan of €200 million, while maintaining the brand’s historical excellence and tradition The plan will fund the opening of 88 new monobrand stores and significant production and marketing investments Gangsu Gangtai Holding (Group) Co. Ltd, a Chinese...

Mourant Ozannes advises LSE-listed The Prospect Japan Fund Limited on US$147 million takeover

Mourant Ozannes has advised long-standing LSE listed client, The Prospect Japan Fund Limited (TPJF), on its recommended takeover by Japanese-based Prospect Co., Ltd (Prospect). The offer was an all-share offer of Japanese listed shares – believed to be the first of its kind in the UK – and it was completed via a Guernsey scheme of arrangement. The...

Hubble Family of Connected Nursery Devices to acquire Allianz & BCG Digital Ventures-Backed Kaishi

Hubble, a leading licensee of Motorola Brand, announces plan to expand leadership position in fast-growing digital nursery platform Hubble Connected (Hubble), the global leader of connected nursery products sold under the Motorola brand, announces today the intent to acquire Kaishi Pte Ltd (Kaishi), maker of the award-winning fetal heart-rate listening...

Europe

Western European M&A value up year-on-year PE and VC value boosted by Cerberus, Lone Star

The value of Western European mergers and acquisitions (M&A) slipped in November 2017 following an uptick in October, according to information collected by the leading M&A database Zephyr. Value fell to EUR 71,325 million from EUR 90,446 million in October but was 5 per cent higher year-on-year from EUR 67,834 million in November 2016. Zephyr ...

Oxx enters into strategic partnership with OurCrowd

Partnership will strengthen research and due diligence capabilities, and provide access to over 20,000 investors and experts around the world Oxx, the growth capital investment firm focussed on B2B software companies, is pleased to announce that it has entered into a strategic partnership with OurCrowd, the leading global equity crowdfunding platform....

Maven Capital Partners makes first Finance Durham fund incubator investment in Moralbox

Investment will enable tech start-up to further develop software functionality and enter new markets The Finance Durham fund has completed its first incubator investment of £40,000 in Moralbox, a technology start-up which helps employers and employees to work together to manage training records. The investment will help Moralbox to further develop...

IK Investment Partners to sell passive fire protection expert svt Group to Ergon Capital

IK Investment Partners (“IK”) is pleased to announce that the IK Small Cap I Fund (“the Fund”) has reached an agreement to sell svt Group (“svt” or “the Company”), a leading provider of passive fire protection products and services as well as restoration management services, to Ergon Capital Partners III (“Ergon”)....

Quilvest Private Equity acquires French higher education school network GEDH together with CEO Amin Khiari

Quilvest Private Equity, the private equity arm of the Quilvest group, today announces its acquisition of a majority stake in GEDH from Platina Equity Solutions, together with CEO Amin Khiari. Financial terms of the transaction have not been disclosed. GEDH is a French network of higher education schools dedicated to communication, arts management...

Mena

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...

European business deals with Iran are safe, says Tillerson

AFP Last updated: October 22, 2017 The United States does not intend to disrupt European business deals with Iran, Secretary of State Rex Tillerson said in comments published Friday.Tillerson, speaking one week after President Donald Trump refused to certify the Iran nuclear deal and left its fate to the US Congress,...

Mourant Ozannes advises Saudi Aramco on US$10 Billion Islamic bond issuance programme

Mourant Ozannes has advised the Saudi Arabian Oil Company, otherwise known as Saudi Aramco, in connection with the corporate structuring of its first Sukuk Issuance Programme, for an issuance of up to SAR 37.5 billion (US$10 billion) Sukuk (Islamic bonds), and its SAR 11.25 billion (US$3 billion) Sukuk issuance under the Programme. The Mourant Ozannes...

Job fair offers hope for Syrian refugees in Jordan

Around 50 companies were represented at the one-day event Wednesday as they scouted for candidates to fill some 1,000 job opportunities, compiling lists of applicants by name, age and qualification.The EU-funded job fair, a first at the desert camp that houses some 80,000 refugees, comes after the launch in August of the only employment office at Zaatari...

Gulf states say goodbye to tax-free reputation

Some have hailed introducing VAT as the start of "exciting, dramatic" change in the region, but the measure is also expected to push prices up for all residents including citizens and low-income workers.On Sunday, the United Arab Emirates doubles the price of tobacco and increases soft drink prices by 50 percent, ahead of the more general VAT on goods...

International

Digital transformation and private equity to drive dealmaking

Earlier this year EY Global conducted a global executive survey on M&A and capital investment on behalf of EY. The key findings can now be viewed in a new global highlights report.  Insight from this biannual survey of nearly 3,000 executives – called the EY Global Capital Confidence Barometer – shows appetite for M&A in the next 12 months...

Global M&A Activity Predicted to Increase in Q1 2018

The Intralinks Deal Flow Predictor, a predictor of future mergers and acquisitions (M&A) announcements, with a proven track record for accuracy, forecasts that the number of worldwide announced M&A deals in Q1 2018 will increase by around 2 percent compared to Q1 2017. The dealmaking environment is being supported by a combination of a gradual...

Graphite backs £72m MBO of leadership consultancy YSC

Graphite Capital, a leading mid-market private equity specialist, has backed the £72 million management buy-out of YSC Consulting, the independent global provider of leadership strategy consultancy services. Headquartered in London, YSC Consulting operates from 17 offices in Europe, North America, South Africa and Asia-Pacific. It has built a...

Share prices of global acquirers continue to underperform World Index in the third quarter

New research reveals global trend for successful M&A deals becoming increasingly difficult to deliver as market reacts to new political winds The global M&A market continues to struggle to add value, underperforming the Index in 2017 for the second quarter this year, which is a trend not seen since 2012, according to Willis Towers Watson’s latest...

Equiteq advises GNC Group on their merger with Grant Thornton

Equiteq, a global consulting and IT services sector M&A specialist, is pleased to announce the merger of its client, GNC Group Consulting (“GNC Group”), with Grant Thornton Australia (“Grant Thornton”).  The transaction completed on September 1, 2017. GNC Group is a Melbourne-based retail and consumer product focused management consulting...