Bayside Capital, an affiliate of private equity firm H.I.G. Capital, has bought the Hilton Hotel in London Docklands from Pandox AB for an undisclosed price.
Mergers & Acquisitions
Red Arrow picks up majority stake in US entertainment firm Half Yard for over $40M
Unterfoehring, Germany-based production and distribution firm Red Arrow Entertainment Group picked up a majority stake in Bethesda, US-based entertainment firm Half Yard Productions in a deal estimated to be valued at more than $40 million.
Permira to buy Tilney's regional businesses from Deutsche Bank
Permira will be buying the regional businesses of private client investment manager Tilney in Birmingham, Edinburgh, Glasgow and Liverpool from Deutsche Bank, a statement about the funding said.
Workday acquires San Francisco predictive analytics firm Identified
California, US-based human management and financial management software vendor Workday acquired San Francisco-based predictive analytics human resources software firm Identified for an undisclosed amount to enhance its product portfolio.
ASK Pravi picks up $8M stake in Indian Clothing League
Mumbai, India-based private equity fund manager ASK Pravi Equity Opportunities Fund picked up a minority stake in Chandigarh-based children's clothing firm Indian Clothing League Pvt Ltd for INR50 crore ($8.08 million).
Latest News
St. James's Place Chief Executive Officer David Bellamy said they are nearing the purchase of Asia-based Henley Group, an advisory business with £400 million under management, Reuters reported.
San Francisco, US-based security firm CloudFlare bought boutique anti-malware software maker StopTheHacker, which is also based in San Francisco, for an undisclosed sum to beef up its cybersecurity product offerings.
Tokyo, Japan-based staffing firm Outsourcing Inc invested $5 million (INR30 crore) for a majority stake in Bangalore, India-based search and staffing company Alp Consulting Ltd to gain access to the Indian market.
Richmond, US-based visual creation studio Alice Blue acquired New York-based multi-faceted post-production studio Nucleus Imaging, a bigger firm, for an undisclosed amount to expand into a new market.
New York, US-based online employment solutions provider Monster Worldwide acquired two recruiting startups, San Francisco's Talentbin and Boston's Gozaik, for an undisclosed sum for growth purposes.
Makati, Philippines-based real estate investment firm Ayala Land Inc (ALI) bought out the 40% holding of Tokyo, Japan-based trading giant Mitsubishi Corp in Philippine Integrated Energy Solutions Inc (PhilEnergy) for an undisclosed amount.
Illinois, US-based agricultural giant Archer Daniels Midland (ADM) invested $25 million in equity in Menlo Park, California-based renewable chemicals firm Rennovia as its latest venture into renewable plastics.
New York City, US-based music publisher Reservoir Media Management picked up the music catalogue of Ireland-based First State Media Group for an undisclosed amount to increase its list to 75,000 songs.
The merger between Silverado Power and Sustainable Power Group or sPower, an independent power producer majority owned by private investment firm Fir Tree Partners, has finally been completed, with the newly-created firm to be called sPower.
