Adecco Group AG has announced that it has raised approximately EUR 232.29 million through the placement of 5,100,000 New Shares at a price of CHF 49.60 per New Share. Coram Williams, CFO of Adecco Group, said, “Today is an important milestone in the process to acquire AKKA Technologies and another step in executing on our strategy. With the successful…
Trade X Group of Companies Inc., a global B2B cross-border automotive trading platform, has announced that it has signed a definitive agreement acquiring Techlantic Ltd., an Ontario-based automotive trading, redistribution, and financing company, for undisclosed terms. “As international automotive trade and finance specialists, we are thrilled to join TRADE X. We are confident that, through…
SoftBank Group Corp. has announced that it has entered into a strategic partnership and equity share swap agreement with Deutsche Telekom AG. Under the strategic partnership between the two companies, SoftBank’s more than 300 portfolio companies gain access to an additional, approximately 240 million DT customers across Europe and the US, providing these portfolio companies…
Funds advised by Apax Partners LLP, a private equity firm, and Warburg Pincus LLC, a global growth investor, have agreed to acquire T-Mobile Netherlands Holding B.V. from Deutsche Telekom AG and Tele2 AB. The transaction values the company at an Enterprise Value of €5.1bn. Both Apax and Warburg Pincus have long-standing experience and track-records in…
Agro chemical company Best Agrolife Limited acquires Best Crop Science Pvt Ltd. This acquisition will help Best Agrolife Limited to increase its revenue by 40% on the back of these in-demand products, the company said in its statement. This acquisition will further help Best Agrolife Ltd. in diversification of risk and strengthening of its manufacturing base with…
UKG Inc., a leading global provider of human capital management (HCM) solutions, has acquired Great Place to Work Institute, Inc. Great Place to Work Institute will continue to operate as a standalone company within the UKG organization, led by Michael C. Bush as CEO, the statement said. “Today marks a pivotal moment for UKG, as we…
Accenture has acquired Gevity, a strategy and consulting service provider focused on helping healthcare industry clients transform their businesses through innovative technology solutions, to expand its capabilities to deliver health transformation services in Canada and internationally. The terms of the acquisition were not disclosed. Headquartered in Victoria, B.C., Gevity was founded in 1995 and has grown into…
Atul Auto Limited announced that it has completed acquisition of 70% equity share in Khushbu Auto Finance Limited. Prior to this, the company was holding 30% equity share capital of KAFL. KAFL is a Non-Banking Finance Company registered with Reserve Bank of India (RBI). “With 100% control over KAFL, it will become a captive finance…
Equinix, Inc., the world’s digital infrastructure company, announced that it has extended Platform Equinix into the strategic Indian market, following the completion of the acquisition of the India operations of GPX Global Systems, Inc. (GPX India). The US$161 million all-cash transaction includes a fiber-connected campus in Mumbai with two data centers. Equinix’s expansion into India will unlock opportunities for Indian businesses expanding internationally and for…
Equinix, Inc., a digital infrastructure company, has announced that it has extended Platform Equinix into the strategic Indian market, following the completion of the acquisition of the India operations of GPX Global Systems, Inc. The US$161 million all-cash transaction includes a fiber-connected campus in Mumbai with two data centers, according to a statement. The statement…
OwnBackup, a cloud data protection platform, has announced the acquisition of RevCult, a California-based software company that provides Salesforce security and governance solutions, often known as SaaS Security Posture Management (SSPM). “Although we’ve equipped customers to be more resilient with proactive data backup, monitoring, compare and restore capabilities, many of the problems we help them…
Udemy, a destination for learning and teaching online, has announced that it has acquired CorpU, an online leadership development platform that delivers cohort-based immersive learning experiences and access to experts. The acquisition deepens Udemy’s learning offerings with CorpU’s immersive experiences to deliver transformational learning that fosters innovation, leadership, and business agility, according to a statement.…
Analog Devices, Inc. has announced the completion of its previously announced acquisition of Maxim Integrated Products, Inc. According to a statement the combination further strengthens ADI’s position as a high-performance analog semiconductor company with trailing twelve-month revenue of over $9 billion1, industry margins, and free cash flow of over $3 billion1 on a pro forma…
Ritchies Transport Limited, a leading transportation operator in New Zealand with an 86-year heritage, and KKR, a global investment firm, announced the signing of definitive agreements under which KKR will acquire Ritchies. The investment – which marks KKR’s first infrastructure investment in New Zealand – will be used to advance the Company’s mission to better connect local communities, support…
The Goldman Sachs Group, Inc. has announced that it has entered into an agreement to acquire NN Investment Partners from NN Group N.V. for approximately €1.6 billion1. The transaction is expected to close by the end of the first quarter of 2022, subject to regulatory and other approvals and conditions. NN Investment Partners employs more…