Simplilearn, the world’s leading online bootcamp for digital skilling training, announced that it has acquired a U.S.-based bootcamp education company, Fullstack Academy, for an all-cash transaction. This will be the company’s second acquisition after Market Motive in 2015. Simplilearn has grown exponentially by over 60% in the past year and this complementary acquisition will accelerate Simplilearn’s journey to become the largest…
Deel has completed its $AU 121M acquisition of APAC-based payroll and HCM company PayGroup Limited. PayGroup is now part of Deel, a private San Francisco-based payroll company, and has been delisted from the Australian Stock Exchange, a statement said. Initiated in July 2022, the acquisition’s completion makes Deel a true leader in the global payroll and…
Blackstone announced that private equity funds managed by Blackstone (Blackstone) have signed definitive agreements with Satinder Singh Rekhi and other current promoters to purchase a majority stake in R Systems International Limited (R Systems). R Systems, founded in 1993 by Satinder Singh Rekhi, is one of the leading providers of digital Information Technology services, specializing…
GlobalLogic Inc., a Hitachi Group company and Digital Engineering leader, announced that it has signed a definitive agreement to acquire Fortech, a leading software engineering services company based in Romania. Headquartered in Cluj-Napoca, Fortech has applied its deep technical capabilities to hundreds of clients and more than 1,000 digital projects throughout nearly two decades of operation—a…
RHI Magnesita, the global supplier of refractory products, announced the acquisition of the Indian refractory business of Dalmia Bharat Refractories Limited (DBRL). DBRL will transfer its Indian refractory business to Dalmia OCL (DOCL). Under the terms of a Share Swap Agreement, RHI Magnesita will acquire all outstanding shares in Dalmia OCL (DOCL) in exchange for…
Accenture is to acquire ALBERT Inc., after completing a tender offer. The acquisition will add a large team of data scientists to Accenture to further strengthen its data and AI capabilities for clients. Upon completion of the transaction, ALBERT will be part of Accenture, a statement said. ALBERT offers AI and big data analytics services, AI-based algorithm…
Ghost Kitchens India, an Internet restaurant tech company, announced it has acquired Where’s the Food, a homegrown F&B tech products company, in an equity-swap deal. The acquisition will enable Ghost Kitchens to optimize the expertise of Harshendar Reddy, the founder of WTF, who will join as the CTO. In his new leadership capacity, Harry will…
SeQuent Scientific Limited (SeQuent), India’s leading animal health company with a strong presence in veterinary formulations and APIs, has signed a definitive agreement on 07 November 2022 to acquire 100% stake in Tineta Pharma Private Limited (Tineta), a company incorporated in India. India is a strategic market for SeQuent, and this acquisition will give a…
CSC announced that it will complete the acquisition of Intertrust Group, as set out in further detail in the joint press release issued by CSC and Intertrust Group. The acquisition marks an important milestone for CSC, which now will do business with more than 90% of the Fortune 500, more than 90% of the 100 Best Global…
D2C Ecommerce, a homegrown multi-brand e-commerce platform has acquired leading personal care D2C brand ‘Luxura Sciences’. Through this acquisition, D2C Ecommerce will expand in personal care and beauty segment, strengthen Luxura Sciences’ product offerings by investing in newer categories and foray into global markets including US, UK, Middle East, South East Asia and Europe, the…
Engineering services firm, Quest Global, announced the acquisition of Adept, a product design house with robust capabilities in the semi-conductor, automotive, and hi-tech verticals. This transaction accelerates Quest Global’s growth by scaling its operations and advancing its capabilities to provide innovative and digital solutions to its customers around the globe. With locations in Bengaluru, Hyderabad and Vizag…
Sealed Air (SEE) announced that it has signed a definitive agreement to acquire Liquibox, a pioneer, innovator and manufacturer of Bag-in-Box sustainable Fluids & Liquids packaging and dispensing solutions for fresh food, beverage, consumer goods and industrial end-markets. This acquisition is highly complementary to Cryovac Fluids & Liquids business, the fastest growing area for SEE.…
PA Media Group has acquired Hydrogen, Scotland’s largest specialist social media agency. Hydrogen is an award-winning agency managing social media campaigns and communications for a range of brands and which will complement the services offered by existing PA Media Group businesses. Hydrogen is based in Glasgow and has delivered significant year-on-year growth since its formation in 2016. It has…
Gateway Distriparks Limited (GDL), an integrated inter-modal logistics service provider, has signed a Share Purchase Agreement (SPA) with Kashipur Infrastructure and Freight Terminal Private Limited (KIFTPL) and its majority shareholders namely, Apollo LogiSolutions Limited, India Glycols Limited and Kashipur Holdings Limited on 31st October 2022 to acquire KIFTPL. The agreed purchase consideration for the acquisition…
KKR, a global investment firm, announced the signing of definitive agreements under which KKR will acquire 100% of Ness Digital Engineering (Ness), a global full-lifecycle digital services transformation company, from The Rohatyn Group (TRG). Founded in 1998 and headquartered in Teaneck, New Jersey, Ness is a leading provider of end-to-end digital transformation services that specializes…