Coventry Building Society, a prominent financial institution based in England, has announced its intention to acquire British banking company Co-operative Bank in an all-cash transaction valued at £780 million. This significant financial move is underpinned by an agreement on non-binding heads of terms between the two entities. Financial Structure of the Deal The deal’s structure […]
In a significant development for digital communications, Amplica Labs has announced its acquisition of Speakeasy’s innovative AI platform. This move is set to address the challenges of toxicity and inefficiency in online discourse, promising a more civil and constructive future for internet interactions. Braxton Woodham, President of Amplica Labs, highlighted the acquisition’s potential to change […]
Wynnchurch Capital, L.P. (Wynnchurch), a prominent private equity firm, has officially acquired Handgards, LLC from Wind Point Partners. This acquisition, in partnership with the management of Handgards, underscores Wynnchurch’s strategic intent to deepen its footprint in the foodservice distribution sector. Handgards, known for its leadership in distributing a wide array of foodservice products including disposable […]
Huddled Group plc, a prominent player in the e-commerce sector, has announced its acquisition of Sheffield-based online retailer Food Circle Supermarket Ltd for a total consideration of up to £300,000. This acquisition encompasses the entire stock, intellectual property, and digital assets of Food Circle, including its website and social channels. The acquisition terms stipulate an […]
Renew Holdings plc, a leading Engineering Services Group listed on AIM under the symbol RNWH, has announced the acquisition of Route One Holdings (Wakefield) Ltd for an enterprise value of £5.0 million. This strategic move aims to bolster the group’s capabilities in maintaining and renewing critical UK infrastructure, particularly in the highways sector. The acquisition […]
Imperial Dade, a prominent North American distributor of foodservice packaging, industrial products, and janitorial supplies, has acquired Harbour Food Service Equipment. This acquisition marks the 83rd under the leadership of Robert and Jason Tillis, who serve as Chairman and CEO of Imperial Dade, respectively. The financial details of this private transaction remain undisclosed. For nearly […]
In a significant move aimed at bolstering its CRM and AI-powered creative offerings, Accenture (NYSE: ACN) has announced the acquisition of Unlimited, a highly decorated integrated customer engagement agency. This strategic acquisition is set to enrich Accenture Song, recognized as the world’s largest tech-powered creative group, enabling it to scale its offerings more effectively and […]
Tradeweb Markets Inc. (Nasdaq: TW), a premier global operator of electronic marketplaces for various financial sectors, including rates, credit, equities, and money markets, announced its definitive agreement to acquire Institutional Cash Distributors, LLC (ICD), a leading technology provider for institutional investment and corporate treasury organizations. The deal, valued at $785 million, subject to standard adjustments, […]
VTech Holdings Limited, recognized globally for its electronic learning products and as the premier manufacturer of residential phones in the United States, has successfully completed the acquisition of Gigaset Communications GmbH’s assets. This strategic move was financed through VTech’s internal resources, marking a significant expansion of VTech’s manufacturing capabilities into Europe with the addition of […]
In a landmark move poised to reshape the landscape of the home improvement and specialty trade distribution sectors, The Home Depot, recognized globally as the largest home improvement retailer, has announced a definitive agreement for the acquisition of SRS Distribution Inc. (“SRS”). This strategic acquisition is valued at approximately $18.25 billion, including net debt, and […]