Deals
Americas
SafeAI attracts $5 mln
San Jose, California-based SafeAI, a provider of autonomous vehicle technology, has secured $5 million in funding. Autotech Ventures led the round. Read More
Warburg Pincus-backed Avaloq contemplates IPO: Reuters
Swiss banking software company Avaloq is either considering going public in the next two to four years or a sale, according to its CEO who spoke to Reuters. Avaloq is backed by Warburg Pincus.Read More
AnyVision inks $74 mln Series A
AnyVision, a computer vision company, has secured $74 million in Series A funding. The investors were M12, DFJ Growth, OG Technology Partners, LightSpeed Venture Partners, Robert Bosch GmbH, Qualcomm Ventures and Eldridge Industries.Read More
Stepping Stones acquires StaffRehab
Stepping Stones, a portfolio company of Five Arrows Capital Partners, has acquired California-based StaffRehab, a provider of therapy, nursing, and behavioral health services to children with autism and special needs in school settings. No financial terms were disclosed.Read More
Hanover exits Audio Precision
Hanover Partners has sold its ownership stake in Beaverton, Oregon-based Audio Precision, a maker of test and measurement instrumentation for audio products. No financial terms were disclosed.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
Alantra Private Debt invests €20 million in logistics company Ontime
A seven-year bullet loan will support the organic and inorganic growth of Ontime, which plans to acquire two companiesWith more than 1,200 employees and annual sales over €60m, Ontime is one of the leading integral logistics operators in SpainThis is the second investment from Alantra´s Debt Fund II, which has raised around €170m and expects...
Bowmark sells CARE Fertility to Silverfleet Capital
Bowmark Capital, the mid-market private equity firm, has agreed to sell CARE Fertility (“CARE”), the UK’s leading fertility clinic group for IVF treatment, to Silverfleet Capital. Established in 1997, CARE operates nine full-service fertility clinics supported by a network of 13 satellite facilities, providing extensive coverage across the UK...
Silverfleet Capital invests in leading UK fertility group CARE Fertility
Silverfleet Capital, the pan-European private equity firm, has entered into a binding contract to acquire a majority stake in CARE Fertility Holdings Limited (“CARE” or the “Company”). Headquartered in Nottingham, England, the Company is the UK’s leading fertility services provider with market-leading success rates underpinned by a strong...
Acquisition of INEOS Melamines & Paraform sees Silverfleet Capital’s portfolio company Prefere Resins take a key step to becoming a leading global resin producer
Silverfleet Capital and Prefere Resins are pleased to announce that Fund II portfolio company, Prefere Resins Holding GmbH has agreed to acquire INEOS Melamines & Paraform Business, which is currently a part of the INEOS Enterprises portfolio. Headquartered in Erkner, near Berlin, Germany, Prefere Resins is a European market leader in the development,...
NPM Capital acquires 35% stake in Ohpen
First and long-time investor Amerborgh sells a part of its stake in Ohpen to NPM Capital, that upon the transaction, will have a 35% stake in Ohpen. Amerborgh wanted to sell this stake to finance ongoing and future projects, like the arts and culture centre "het HEM" in Zaandam. Ohpen is a fast-growing Fintech company. The Ohpen SaaS, cloud...
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...