Halo Announces Proposed Acquisition of Nasalbinoid Natural Devices

TORONTO: Halo Labs Inc. has entered into a definitive agreement to acquire all of the common shares of Nasalbinoid Natural Devices Corp. for C$5.1 million in Halo common shares at a deemed price of C$0.15 per share (a total of 34 million shares). The common shares issued by Halo in… Continue reading

KKSP expands into the North East with acquisition of Prime Engineered Components

GLENDALE HEIGHTS–(BUSINESS WIRE)–KKSP Precision Machining, LLC (KKSP), a portfolio company of Mill Point Capital, has acquired Prime Engineered Component, Inc., a manufacturer of aluminum, brass and stainless steel custom metal components. Prime, based in Watertown, CT, has more than a 50 year history of excellence in precision machined components serving… Continue reading

Northamber Plc completes £2.5mn acquisition of Audio Visual Materials

LONDON: Northamber Plc announced the completion of the acquisition of Audio Visual Materials Limited (AVM) for a total consideration of up to £2.5 million from SEA Holdings Limited Group. Based in Camberley, Surrey, AVM was established in 1968, and is an audio-visual distributor to integrators and other trade parties, primarily… Continue reading

PPHE acquires JV partner’s interest in W29 Development LLC

LONDON: PPHE Hotel Group has acquired from its joint venture partner its 50% interest in W29 Development LLC, a Delaware limited liability company, for a total consideration of US$ 3.3 million plus associated acquisition costs. As a result, the Company now owns 100% of the JV Company and the associated… Continue reading

Glamox completes acquisition of remaining shares in ES-System

OSLO: GLX Holding Glamox has completed the acquisition of all remaining shares in ES-SYSTEM following a compulsory buy out procedure under the terms set forth in Article 82 of the Polish Act of July 29, 2005 on public offering and the conditions governing the introduction of financial instruments to organized… Continue reading

Safestay completes €1.5 million acquisition of AthenStyle Hostel

LONDON: Further to the announcement made on 28 October 2019, Safestay, the owner and operator of an international brand of contemporary hostels, has completed the acquisition of the ‘AthenStyle Hostel’ in Athens, for €1.5 million. Larry Lipman, Chairman of Safestay, said: “AthenStyle is a stylish and successful hostel, located in… Continue reading

HML acquires property management business

LONDON: HML Holdings plc, a leading provider of property management, insurance and ancillary services to residential property blocks, has announced the acquisition of Leasehold Management Limited (LML) for a consideration of £438,000 plus an additional payment for the surplus working capital. Alec Guthrie, Chief Executive of HML, said: “The Acquisition… Continue reading

Knights Group acquires ERT Law Limited for £1.8 million

LONDON: Knights Group Holdings, one of the UK’s fastest growing legal and professional services businesses, has agreed to acquire the entire issued share capital of ERT Law Limited (ERT) for £1.8 million. The acquisition of ERT builds on the Company’s recently established presence in Birmingham, in line with the Group’s… Continue reading

Regional REIT acquires Scotland’s premier business parks for £10.3mn

LONDON: Regional REIT has acquired a valuable office asset in one of Scotland’s premier business parks for a total consideration of £10.3 million. Regional REIT is the regional real estate investment specialist focused on building a diverse portfolio of income producing regional UK core and core plus office and industrial… Continue reading

KKR to acquire digital reading platform OverDrive

NEW YORK–(BUSINESS WIRE)—Kohlberg Kravis Roberts (KKR), a leading global investment firm, today announced the signing of a definitive agreement to acquire OverDrive, Inc., the leading digital reading platform for libraries and schools, from Rakuten USA. Financial details of the transaction were not disclosed. KKR is making the investment in OverDrive… Continue reading