Titan Company Limited announced that it has signed a Share Purchase Agreement with the Founder of CaratLane Trading Private Limited (‘CaratLane’) and his family members to acquire all the shares held by them representing 27.18% of the total paid-up equity share capital (on a fully diluted basis) of CaratLane for a total consideration oft 4,621…
Sun Capital Partners, Inc. (Sun Capital), a leading private investment firm focused on defensible businesses in growing markets with tangible performance improvement opportunities, announced its affiliate has reached a definitive agreement with various subsidiaries of Koch Engineered Solutions, LLC, a subsidiary of Koch Industries, Inc., to acquire Koch Separation Solutions (KSS). The acquisition by an…
CarTrade Tech Limited, one of India’s largest online auto platforms, announced the completion of 100% acquisition of OLX’s Classifieds and Auto Transactions business in India for INR 535.54 crores, from OLX India BV (OIBV). OLX is one of India’s leading classifieds players with more than 100+ million app downloads. It operates in 12 broad categories…
Radisys Corporation (Radisys), a wholly owned subsidiary of Jio Platforms Limited and a global leader of open telecom solutions, announced that it has completed the acquisition of Mimosa Networks, Inc. (Mimosa) from Airspan Networks Holdings Inc. Mimosa brings a diverse portfolio of point-to-point and point-to-multi-point connectivity products leveraging unlicensed spectrum bands. These products enable the rapid…
KKR, a global investment firm, announced that private credit funds and accounts managed by KKR have purchased a $373 million portfolio of prime auto loans from Synovus Bank. This investment aligns with KKR’s asset-based finance (ABF) strategy, which focuses on privately originated and negotiated credit investments that are backed by large and diversified pools of financial and hard…
Paramount Global and KKR announced the signing of a definitive agreement pursuant to which KKR will acquire Simon & Schuster for $1.62 billion in an all-cash transaction. “We are pleased to have reached an agreement on a transaction that delivers excellent value to Paramount shareholders while also positioning Simon & Schuster for its next phase…
Accenture has completed the acquisition of Anser Advisory, an advisory and management company for infrastructure projects in the United States. The acquisition enhances Accenture’s ability to help companies and state and local public sector organizations complete large, long-term infrastructure projects more predictably and efficiently—projects that support growth for clients and have a positive impact on communities,…
Ambuja Cements Ltd (ACL), the cement and building material company of Adani Cement and part of the diversified Adani Group, announced the acquisition of Sanghi Industries Ltd (SIL) at an enterprise value of Rs 5,000 crore. ACL will acquire 56.74% shares of SIL from its existing promoter group, Ravi Sanghi & family. The acquisition will…
Freeman, a global leader in events, announced that it has acquired Sparks, a global brand experience agency. Founded in 1919 and headquartered in Philadelphia, Pennsylvania, Sparks is globally recognized for providing award-winning exhibit and event experiences to a diverse group of Fortune 1000 brands, including Google, Salesforce, Anheuser-Busch InBev, and T-Mobile. Sparks’ proven approach to…
KKR, a global investment firm, announced the completion of the previously announced acquisition of Industrial Physics, a leading provider of test and measurement instrumentation, by investment funds managed by KKR on July 19, 2023. In conjunction with transaction close, Barry Lyon has been appointed Chief Executive Officer (CEO), and Lance Reisman has assumed the role of Chairman…
OAG, the world’s leading data platform for the global travel industry, has acquired Infare, the leading provider of competitor air travel data, from Ventiga Capital in a deal valuing the combined entity at over US$500m. Together, OAG and Infare have an exciting journey ahead to leverage a truly market-leading end-to-end data platform to serve mission-critical air…
Accenture has acquired Strongbow Consulting, a data-driven strategic advisory firm with deep expertise in helping organizations plan and execute technology transformation strategies, while minimizing risk and maximizing cost savings. Strongbow Consulting’s team of approximately 60 professionals is joining Accenture’s Technology Strategy & Advisory practice, bringing the capabilities to optimize and modernize companies’ IT infrastructure while seamlessly bridging…
EQT announced that BPEA Private Equity Fund VIII (BPEA EQT) has agreed to acquire a control stake in Indira IVF, from TA Associates and the Company’s founders, Dr. Ajay Murdia, Dr. Kshitiz Murdia, and Dr. Nitiz Murdia, who will retain a significant minority stake and continue to lead the Company. Indira IVF was founded by Dr. Ajay Murdia in…
InVentry, a UK based global leader in innovative technology solutions, announced that it has acquired Singapore based Hipla Technologies; a pioneer in smart workplace management solutions. The acquisition is part of InVentry’s global expansion plan and will support their international growth strategy across both Singapore and India. The acquisition will enhance InVentry’s product portfolio, helping to…
Accenture has completed its acquisition of Optimind, a Paris-based independent consulting firm that provides advisory services and solutions to help insurance firms, banks and large corporate clients to meet major challenges of competitiveness, transformation and regulation. Accenture announced its intent to acquire Optimind on March 17, 2023. Financial terms of the transaction were not disclosed. Optimind, recipient of…