Deals

Americas

Burger-flipping robotics company Miso raises $10 mln

Pasadena, California-based Miso Robotics, a developer of robotics and artificial intelligence technology for restaurants and food providers, announced it raised $1o million in Series B funding. Acacia Research Corporation led the funding, which included Levy, the sports and entertainment hospitality company, OpenTable’s Chief Technology Officer Joseph...

PE-backed Metal Powder Products acquires NetShape

Metal Powder Products LLC, a portfolio company of Mill Point Capital, has acquired Indiana-based NetShape Technologies Inc, a provider of engineered metal components using powdered metal and metal injection molding technologies. No financial terms were disclosed.Read More

Amphora Gas Storage to acquire Enstor Gas

Amphora Gas Storage USA, which is backed by Arclight Capital Partners LLC, has agreed to acquire Enstor Gas, an operator of Avangrid's gas storage business. No financial terms were disclosed. The deal is expected to close in March 2018.Read More

Video tech startup Vydia reels in $7 mln Series A

Holmdel, New Jersey-based Vydia, a video tech startup, has raised $7 million in Series A funding. Vocap Investment Partners led the round with participation from Newark Venture Partners. In addition to the funding, Vinny Olmstead, a managing director at Vocap, will join Vydia's board of directors.Read More

Héroux-Devtek taps Fitzgibbon as director

Québec-based Héroux-Devtek Inc, a maker of aerospace products, has appointed Pierre Fitzgibbon as director. He has also been named to the company's audit committee. Currently, Fitzgibbon is a managing partner at Walter Capital Partners, a private equity firm headquartered in Montréal.Read More

Asia Pacific

RaySpec, a leading manufacturer of innovative detectors for X-rays has been acquired by Japanese Polatechno, Co. Ltd

Livingstone’s Industrial sector team has advised Baird Capital and the shareholders of its portfolio company RaySpec, a leading manufacturer of innovative detectors for X-rays, on its acquisition by Japanese Polatechno, Co. Ltd.  Headquartered in High Wycombe, UK, RaySpec (previously known as SGX Sensortech) is a leading supplier of high...

Antitrust, security reviews are changing Asia M&A

Asian buyers will have to better manage their transaction risks on M&A, as regulators increase their focus on security reviews. In the week that US Congress unveiled legislation to expand the power ofthe Committee on Foreign Investment in the United States...

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 completes the acquisition of Buccellati, announces €200 investments

Gangtai Group: the acquisition of 85% stake in Buccellati has been completedThe transaction aims at reinforcing Buccellati’s international presence with an investment plan of €200 million, while maintaining the brand’s historical excellence and traditionThe plan will fund the opening of 88 new monobrand stores and significant production and...

Europe

Western Europe M&A Review, January 2018

Western European M&A at new 12-month-lowPE and VC value supported by PAI Partners Zephyr reports on Western European M&A and private equity activity in January 2018 The value of Western European mergers and acquisitions (M&A) in January 2018 fell to a new 12-month-low, according to information collected by the leading M&A database Zephyr. In all,...

Maven Capital partners investment sees launch of innovative new app

honcho raises £850K investment after successful crowdfunding campaign     Original £650K target exceeded by almost a third    App designed to reduce cost burden on motorists to launch following successful crowdfunding campaign An innovative new app designed to reduce insurance costs for motorists will be launched following a...

Gattai Minoli with PM & Partners on Monviso sale to Céréa Partneraire's Altabread

Gattai, Minoli, Agostinelli & Partners and Dentons advise on Monviso sale from PM & Partners to Céréa Partenaire PM & Partners SGR announces the sale of Monviso S.r.l, a leading manufacturer of gourmet and healthy bread substitutes. PM & Partners invested in Monviso in 2012. After strengthening the company’s operations and management, including...

AnaCap backed heidelpay acquires mPAY24 in Austria

heidelpay Investments GmbH (the “heidelpay group”), a leading German and Germanic-speaking countries(“DACH”) payment service provider (“PSP”) backed by AnaCap Financial Partners (“AnaCap”), the specialist European financial services private equity firm, today announces the acquisition of mPAY24 GmbH (“mPAY24”), a...

capital D takes majority stake in invincible brands

capital D, a London-based private equity manager, acquires social media influencer-led marketing and product development companyInvincible Brands, founded in November 2015, achieved more than €30 million in revenues and healthy profitability in 2017 Berlin-headquartered Invincible Brands has sold a majority stake to capital D, a newly-formed...

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

Global M&A activity declines year-on-year in 2017

Western Europe and Asia-Pacific M&A value up on 2016PE/VC value increases in all regions The volume and value of global mergers and acquisitions (M&A) declined in 2017, according to M&A information collected by Bureau van Dijk, a Moody’s Analytics company, and the leading publisher of company information. In all, there were 96,082 deals worth...

Global M&A falls just short of previous years as uncertainty takes its toll on investments

Mergermarket have just released their full year 2017 global M&A trend report with legal advisor league tables. Highlights of the report include: Global M&A fell just short of previous years, as uncertainty appeared to take its toll on investments. M&A dipped 3.2% by value to US$ 3.15tn (18,433 deals) in comparison to 2016 (US$ 3.26tn, 18.592...

M&A 2018: Brand on the bottom line

The M&A market is looking forward to a bumper year in 2018, with transaction value expected to grow by 23 percent to $3.2 trillion according to Baker McKenzie. And as the corporate focus on M&A to drive and supplement growth strategies increases, so too will the crucial role of brand strategy—in other words, what a company ultimately plans to...

Can trustees derail an M&A deal?

New statistics from the Office for National Statistics pointing to a ‘sizeable’ increase in the value of successful M&A deals, both domestic and cross-border, in the third quarter of 2017, suggests a promising outlook for the market as we head into the New Year. Anecdotally, those of us involved in the industry have certainly noticed an uptick in...

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...