As companies stay private longer while raising multiple rounds of equity capital, the question arises: who is safeguarding the ownership data?   For public companies, the job falls to stock transfer agents and issuer services companies, two of the largest in the world being Australia-based Computershare [ASX:CPU] and Brooklyn, New York-based AST Financial (formerly…

A ground-breaking new research report examining female wealth creation and how well women are catered to by advisory firms has been unveiled by ClearView Financial Media, publishers of WealthBriefing, in association with Boston Multi Family Office and Wealthmonitor (an Acuris company). Winning Women: Key Insights for Wealth Firms Targeting Today’s…

UK-headquartered specialist mortgage and asset finance business, Bluestone Group, is assessing exit options, founder Alistair Jeffery confirmed to this news service. An unsourced media report earlier this month claimed the company was preparing a dual-track sales process following inbound interest for the private equity-backed company. A transaction structure is yet…

Date: 2017-08-14 13:41 GMT Source: Company Press Release The majority stake in Gess Group, a Germany-based recruiting firm, has been acquired by its domestic rival JR Holding from private equity firm capiton for an unspecified sum, according to a press release. JR is currently a portfolio company of AUCTUS, the…

Third Bridge, a UK-based primary research firm, is in exclusive talks with IK Investment Partners for the sale of a minority stake in the business, Third Bridge CEO Emmanuel Tahar said. A deal is expected to be announced in the coming weeks, Tahar added. IK Investment Partners declined to comment.

3D-Micromac, a German laser micromachining company, would consider offers from strategic investors, CEO Tino Petsch said. Hamburg-based M&A advisor MM Warburg is assisting the company in its growth strategy, he added. Talks with some investors are already taking place, Petsch said. The objective is to sell the entire company within…

Balzac Coffee, a coffee shop operator based in Hamburg, Germany, has been acquired by Swedish coffee group Espresso House, Der Tagesspiegel reported. The German daily said financial terms and whether the Balzac name would continue to exist were not disclosed. Balzac was founded in 1998 and operates 43 coffee shops.

G+D, the Munich-based security technology specialist, announced on 26 June that its  Currency Technology unit has acquired Procoin GmbH, a German provider of counting, sorting, and packing machines in the coins sector, as well as banknote counters. The purchase contract was signed today in Frankfurt, Germany. With this takeover G+D…

German gear wheel manufacturer Stelter Zahnradfabrik has circulated teasers as part of a sale process being ran by IMAP, three sources briefed on the situation said. The business is being marketed off a prospective EUR 20m EBITDA, the sources said. Stelter’s products are used across a variety of industries. It…

Livingstone Partners has landed a mandate to handle the sale of MML Capital-backed The Instant Group, a UK-based provider of flexible office solutions, two sources briefed on and a banker following the situation said. The process is at an early stage, the first source and the banker said. Given growth…

German mid-cap market high temperature insulation supplier Thermamax is up for sale with Greenhill advising, said six sources familiar with the situation. The company is owned by sponsor Brockhaus Private Equity, which holds just under 20%, and the company’s founders. First round bids are due on 29 June, said two…

Germany-based Italian restaurant chain Vapiano’s IPO syndicate sent a message at 07:00 BST (08:00 CEST) that the book is covered on the full deal size including greenshoe, a source close to the deal said. The book is oversubscribed and is expected to develop further, the source said. There is strong…

UK-based managed IT services firm GCI is being prepared for a sale by shareholders Business Growth Fund (BGF) and GCI founder and Chairman Wayne Martin, said two sources briefed on the situation and a sector banker. KPMG has been mandated to handle the sale process, which is likely to kick…

The sale processes of two UK flexible power generation companies, Green Frog and UK Power Reserve (UKPR), are on the cusp of launching despite an adverse Ofgem review into sector payments, two sources briefed on the situations and a sector banker following them said. InfraRed Partners-majority owned Green Frog has…

SELIT-Group, a German supplier of high-quality underlayment products for the laminate, parquet, and vinyl flooring segment, announced on 2 June that NMC International, a specialist in synthetic foam products with its head office in Luxemburg, will acquire a majority shareholding in SELIT (SELIT Dämmtechnik & SELIT-TEC Dämmsysteme) from brothers: Marco…

AUVESY, a German data management software developer for automated production, has mandated CatCap Corporate Finance to explore raising an undetermined amount of strategic capital, Mark Miller, Managing Partner at CatCap, said. AUVESY will collect indicative bids in the beginning of June in a process that could lead to the eventual…

Excitech, a UK-based computer-aided design (CAD) software and consultancy company, is in acquisition talks that would bolster turnover by at least 10%, a source close to the situation said. Management will revisit stake sale plans from early 2018. The source did not elaborate on the acquisition target, save that it…

Village Infrastructure Angels (VIA), a UK/Australia-based manager of solar micro infrastructure projects in remote areas, is looking to raise USD 10m- USD 20m to build further projects, Managing Director Stewart Craine said. Likely investors are angel investors, high-net-worth individuals, and impact investors, Craine said. What VIA offers does not fit…

Gynemed GmbH, a Lensahn, Germany-based manufacturer and distributor of consumables and equipment for the in vitro fertilization clinic and laboratory markets, has been acquired by Hamilton Thorne (TSX VENTURE:HTL), a Beverly, Massachusetts-based maker of precision laser devices, for about EUR 13.9m (USD 15.1m). The seller was advised by Dr. Claus…

Swiss investor Jacobs Holding has snapped up UK dental chain Southern Dental from its founder in its third attempt at a sale, two sources familiar with the situation said. Southern Dental will initially be run independently from Nordic dental chain Colosseum Smile, which Jacobs acquired earlier this year. Souther Dental’s…

Proactive IT security distributor Alpha Generation Distribution announces today the completion of its acquisition by 4Sec Group, the complete channel business across security, compliance and cloud-based technologies. The acquisition of 100% of Alpha Generation’s share capital for an undisclosed sum represents the next stage in the company’s journey, combining new…

Howard Worth’s corporate finance team worked to a tight deadline to ensure a clients business sale completed on time. Zimpli Kids has been sold to one of their customers Simba, a German Toy Company. There was a specific deadline for the sale so the announcement of the acquisition could be…

Hatecke, a German manufacturer of lifeboats, is being advised by Commerzbank on an ongoing sale, five sources familiar with the situation said. The process is understood to have started earlier in the year and attracted interest from trade buyers and sponsors, the sources said. Hatecke posted gross profit of EUR…

LDC has mandated Rothschild to sell its UK refrigeration gases portfolio company A-Gas, said a source close to the situation and three sources familiar with the situation. The sell-side is guiding potential buyers off GBP 30m EBITDA, the sources said. The company could fetch 8x-10x EBITDA, the source close and…

German aviation services provider Air Alliance is up for sale with Cologne-based boutique Belgravia managing the process, according to two sources familiar with the situation. The sell-side is guiding potential buyers off a EUR 8m–EUR 9m EBITDA this year, a sharp increase from around EUR 3m EBITDA in previous years,…

Caffita, a private equity-backed Italian manufacturer of coffee capsules and machines, is up for sale, several sources familiar with the situation said. Alpha Private Equity, the private equity firm that bought Caffita in June 2013, has mandated Lazard to handle the sale process, the sources said. Cleary Gottlieb has been…

WBW Solicitors LLP announced on 6 December that it will merge with Peters Langsford Davies LLP, who are based in Launceston. From January both will continue to command an excellent reputation throughout the area. Steve Bulman, Managing Partner of WBW, which has offices in Newton Abbot, Bovey Tracey, Exeter, and…

ERT, a Philadelphia, Pennsylvania-based maker of software for use in clinical drug development, bought Exco InTouch, a British software provider for digital health and clinical research, from Scottish Equity Partners, a British venture capital firm. No financial terms were revealed. The deal will broaden and deepen ERT’s software offerings. Exco…

Equistone and Inflexion have appointed RBC to manage the sale of reserve power company UK Power Reserve (UKPR), a source close to and a source briefed on the situation said. It is unlikely the sale will launch in the near term, the close source said. There is an Ofgem review of embedded benefit payments ongoing, the results of which…