Global investment firm Carlyle and Fly Leasing Limited announced that an affiliate of Carlyle Aviation Partners (Carlyle Aviation) completed its previously announced acquisition of FLY. Carlyle Aviation is the commercial aviation investment and servicing arm within Carlyle’s $61 billion Global Credit platform. The closing of the transaction follows the receipt of regulatory approval from all government authorities…
Healthium Medtech has announced the successful acquisition of the AbGel gelatin sponge business from Mumbai-based SGK Labs, adding to its product portfolio focused on surgical and post-surgical care. Viral Parekh, Managing Director – SGK Labs said, “AbGel has been the leading and most trusted brand of haemostatic sponges. I am delighted that our product and…
Bridgestone Americas (Bridgestone) and Sumeru Equity Partners, Danlaw, Inc. and other shareholders have reached an agreement for Bridgestone to purchase Azuga Holdings, Inc. (Azuga) and the Azuga fleet management platform for $391 million. The transaction has been approved by each company’s board of directors and is expected to close by the end of the third…
Accenture has acquired LEXTA, a consulting firm specialized in IT benchmarking and IT sourcing advisory. Terms of the transaction were not disclosed. Headquartered in Berlin with additional offices in Düsseldorf, London, and Zurich, LEXTA’s team of more than 60 professionals joins Accenture’s Technology Strategy & Advisory group, the statement said. LEXTA brings a proven track…
MSCI Inc., a provider of critical decision support tools and services for the global investment community, has announced that it has entered into a definitive agreement to acquire Real Capital Analytics for $950 million in cash. Founded in 2000, Real Capital Analytics is a private company and the go-to data and analytics provider of the…
Square, Inc. and Afterpay Limited have announced that they have entered into a Scheme Implementation Deed under which Square has agreed to acquire all of the issued shares in Afterpay by way of a recommended court-approved Scheme of Arrangement. The transaction has an implied value of approximately US$29 billion (A$39 billion) based on the closing…
Allcargo Logistics has acquired a 65 per cent stake in Nordicon Group, a market leader in LCL (less-than-container-load) and rail consolidation segment in the Nordics region, for an undisclosed amount, according to PTI report. The acquisition is being executed through Allcargo Belgium, a wholly-owned subsidiary of the country’s largest integrated logistics solutions provider in the private sector.…
Tejas Networks announced that it has executed definitive agreements with Panatone Finvest Limited (Panatone), a subsidiary of Tata Sons Private Limited (TATA), which will entail: a) Preferential allotment of 1.94 crore equity shares at a price per equity share of INR 258 per share aggregating to INR 500 crore; b) Preferential allotment of 3.68 crore warrants, each carrying a right…
Sonata Software announced signing of definitive agreements to acquire Encore Software Services, Silicon Valley based IT Services Company providing User experience, Data Insights, and real time collaboration services to clients in the Healthcare, Supply-chain / Logistics, and ISV industries. Encore Software Services, incorporated in 1998 and head quartered in San Jose, with development center in…
Accenture has entered into an agreement to acquire HRC Retail Advisory, a retail-focused strategy consultancy with critical in-demand skills and solutions to help clients across the retail value chain — from customer-centric merchandising and omnichannel capabilities to the evolving store footprint and creating high-performance organizations. Financial terms of the acquisition were not disclosed. HRC Retail Advisory’s…
Atos, a global digital transformation company, announced it has reached an agreement to acquire Nimbix, a global leading high-performance computing (HPC) cloud platform provider based in the US, to strengthen its HPC offering. With this acquisition, Atos, already a European leader in HPC, enhances its existing capabilities and position itself as a leader in HPC cloud…
Shell New Energies US LLC (Shell), a subsidiary of Royal Dutch Shell plc, announced it has signed an agreement to buy 100% of the equity interests of Inspire Energy Capital LLC (Inspire), a renewable energy residential retailer with joint headquarters in Santa Monica, CA and Philadelphia, PA. This acquisition advances Shell’s Powering Progress strategy to build and scale renewable and…
Cyient, a global engineering, manufacturing, and technology solutions company, announced it has acquired 100 per cent stake in WorkForce Delta, a global consultancy company. WorkForce Delta, formed in 2015, has a team of consultants with decades of experience advising and executing workforce management programs for corporations globally. This relationship will enable Cyient to offer complete…
CBRE Group, Inc. and Turner & Townsend Holdings Limited have announced a definitive agreement whereby CBRE will acquire a 60% ownership interest in, and enter into a strategic partnership with Turner & Townsend, a United Kingdom-based program, project and cost management platform. CBRE will acquire a 60% stake for approximately £960 million ($1.3 billion) in…
Unacademy, India’s e-learning platform, announced the acquisition of Rheo TV, a platform that helps professional game streamers livestream their gameplays and monetize those feeds. As part of the deal, Unacademy will fully acquire Rheo TV, and enable the exit of all existing investors, the company said in its statement. Existing investors Lightspeed India Partners, Sequoia…