HONG KONG, CHINA, Jan. 31 (Korea Bizwire) – Tricor Group has completed its acquisition of International Outsourcing Inc. (IOI), a well-established Korean professional services firm in which it has held a 30% stake since 2013. This will enhance Tricor’s ability to serve clients in Korea, including international firms expanding in this key market. The new [...]
SEOUL, Jan. 24 (Korea Bizwire) — South Korean retail giant Shinsegae will purchase a local furniture company for 180 billion won (US$167.8 million) Wednesday as it attempts to tap into the country’s home furnishing industry, sources said. Shinsegae Department Store will sign a contract with Casamia Co.’s founder and other specially related persons to purchase [...]
KENNESAW, GA, Jan. 22 (Korea Bizwire) — Brand Industrial Services, known as BrandSafway, has acquired Venko Groep BV, a portfolio company of Mentha Capital, effective January 1, 2018. Moving forward, the company will operate as Venko, A BrandSafway Company and become a part of Brand Energy & Infrastructure Services (Brand) in Europe. “We’re excited to [...]
Singapore, Jan. 19 (Korea Bizwire) — Equis Pte. Ltd (Equis) and Global Infrastructure Partners (GIP) announced today the closing of the previously announced sale by Equis of 100% of the equity interest in Equis Energyto GIP and its co-investors, for an enterprise value of USD5.0 billion (including assumed liabilities of USD1.3bn). The net transaction consideration [...]
WEST PALM BEACH, Fla. and HAUPPAUGE, N.Y., Jan. 18 (Korea Bizwire) — Forward Industries (NASDAQ:FORD) today announced the acquisition of Intelligent Product Solutions (IPS), an industry leading product design and development company based in Long Island, New York for a material consideration comprising of cash, equity, and contingent earn outs. IPS clients include leading brands [...]
WALTHAM, Mass., REHOVOT, Israel, and SAN DIEGO, Dec. 22 (Korea Bizwire) — Eloxx Pharmaceuticals Ltd. (“Eloxx”) and Sevion Therapeutics, Inc. (OTCQB:SVON) (“Sevion”) today announced the two companies have completed their previously announced acquisition transaction effective as of December 19, 2017. The Company will be known as Eloxx Pharmaceuticals, Inc. following the completion of the transaction, and began trading [...]
BALTIMORE, Dec. 21 (Korea Bizwire) — WillScot Corporation (NASDAQ:WSC) (“Williams Scotsman”) today announced that it has completed its previously announced acquisition of Acton Mobile (ActonMobile.com) for a cash purchase price of approximately $235 million. Williams Scotsman will have nearly 100,000 modular space and portable storage units serving approximately 35,000 customers from over 100 locations across [...]
BALTIMORE, Dec. 15 (Korea Bizwire) — Algeco/Scotsman Holding S.à r.l. (together with its subsidiaries, the “Algeco Group”) today announced the successful closing of the acquisition by the Algeco Group’s subsidiary, Target Logistics Management, LLC (“Target Logistics”), of Iron Horse Ranch from funds managed by TDR Capital LLP (“TDR”). The acquisition solidifies Target Logistics’ position as [...]
BALTIMORE, Dec. 12 (Korea Bizwire) — WillScot Corporation (NASDAQ:WSC) (“Williams Scotsman”) today announced that it has entered into a definitive agreement whereby Williams Scotsman International, Inc. will acquire the entity that owns Acton Mobile (ActonMobile.com) from Prophet Equity for a cash purchase price of $235 million, subject to customary adjustments. Brad Soultz, president and chief [...]
ALPHARETTA, Ga., Dec. 5 (Korea Bizwire) — Aptean, a leading global provider of mission-critical enterprise software solutions, has acquired the Connect segment of Influence Health to add to its growing suite of products that serve the healthcare industry and public sector. Connect, a division of Influence Health, offers physicians and clinicians secure access to patient [...]