Rothschild & Co

EQT to sell Rimes, a global leader in enterprise data management solutions for the investment industry, to Five Arrows

Retrieved on: 
Tuesday, April 9, 2024

Key Points: 
  • The Company helps its clients solve complex data problems, applying capabilities refined over 25 years, including an ecosystem of more than 800 data partners and deep domain expertise in investment data.
  • Powered by its proprietary, multi-tenant cloud technology platform, Rimes' data management solutions empower its clients to make better investment decisions using reliable data, while improving cost efficiency, and reducing operational risk.
  • In October 2021, Rimes further complemented its product offering with the acquisition of Matrix IDM, which added a powerful Investment Management Platform and data distribution and warehousing solutions.
  • Today, the firm's most modern technology underpins an innovative, comprehensive product offering designed to address future investment data challenges.

TEXTHELP AND N2Y JOIN FORCES TO MAKE EDUCATION AND THE WORKPLACE MORE INCLUSIVE FOR EVERYONE

Retrieved on: 
Monday, March 25, 2024

n2y's expertise lies in creating an integrated digital ecosystem of academic curriculum, behavior, communication and IEP management solutions for education.

Key Points: 
  • n2y's expertise lies in creating an integrated digital ecosystem of academic curriculum, behavior, communication and IEP management solutions for education.
  • Texthelp specializes in cloud-based assistive technology and learning analytics for the education and corporate sectors.
  • Texthelp and n2y are centered around a core belief that everyone deserves the right to understand and be understood.
  • Evercore acted as financial advisor to n2y and William Blair acted as financial advisor to Texthelp as part of the transaction.

TEXTHELP AND N2Y JOIN FORCES TO MAKE EDUCATION AND THE WORKPLACE MORE INCLUSIVE FOR EVERYONE

Retrieved on: 
Monday, March 25, 2024

n2y's expertise lies in creating an integrated digital ecosystem of academic curriculum, behavior, communication and IEP management solutions for education.

Key Points: 
  • n2y's expertise lies in creating an integrated digital ecosystem of academic curriculum, behavior, communication and IEP management solutions for education.
  • Texthelp specializes in cloud-based assistive technology and learning analytics for the education and corporate sectors.
  • Texthelp and n2y are centered around a core belief that everyone deserves the right to understand and be understood.
  • Evercore acted as financial advisor to n2y and William Blair acted as financial advisor to Texthelp as part of the transaction.

Universal Display Corporation Announces the Appointment of New Board Members

Retrieved on: 
Thursday, March 7, 2024

Universal Display Corporation (Nasdaq: OLED) (UDC), enabling energy-efficient displays and lighting with its UniversalPHOLED® technology and materials, today announced that Dr. Nigel Brown and Dr. Joan Lau have joined the Company’s Board of Directors, effective March 4, 2024.

Key Points: 
  • Universal Display Corporation (Nasdaq: OLED) (UDC), enabling energy-efficient displays and lighting with its UniversalPHOLED® technology and materials, today announced that Dr. Nigel Brown and Dr. Joan Lau have joined the Company’s Board of Directors, effective March 4, 2024.
  • The addition of these new directors expands UDC’s Board to ten members.
  • “I am pleased to welcome Nigel and Joan to the Board,” said Steven V. Abramson, President and Chief Executive Officer of Universal Display Corporation and a member of the Board.
  • “Nigel adds a wealth of business innovation, technical knowledge and corporate strategic planning expertise to our Board.

E2open Announces Initiation of Strategic Review

Retrieved on: 
Thursday, March 7, 2024

E2open Parent Holdings, Inc. (NYSE: ETWO) (“e2open” or “the Company”), the connected supply chain SaaS platform with the largest multi-enterprise network, today announced initiation of a strategic review for the Company.

Key Points: 
  • E2open Parent Holdings, Inc. (NYSE: ETWO) (“e2open” or “the Company”), the connected supply chain SaaS platform with the largest multi-enterprise network, today announced initiation of a strategic review for the Company.
  • The review will evaluate options to enhance shareholder value and further strengthen e2open’s leading position in the growing supply chain management software market.
  • “E2open enjoys a unique market position based on its industry-leading software platform and proven ability to drive unmatched impact for customers.
  • The Company does not intend to comment further regarding the strategic review until it has been completed or the Company determines that additional disclosure is appropriate or required by law.

VIAVI Solutions Agrees to Acquire Spirent Communications to Create a Leading Provider of Test, Assurance and Security Solutions for Research and Development Labs, Service Providers, Data Centers and Mission-Critical Infrastructure

Retrieved on: 
Tuesday, March 5, 2024

Under the terms of the Acquisition, Spirent Shareholders will receive 172.5 pence per Spirent share in cash (the Acquisition price).

Key Points: 
  • Under the terms of the Acquisition, Spirent Shareholders will receive 172.5 pence per Spirent share in cash (the Acquisition price).
  • The Spirent Directors who hold shares of Spirent have signed irrevocable agreements in support of the Acquisition.
  • Spirent provides products, services and managed solutions that address the test, assurance and automation challenges of technologies, including 5G, software-defined wide area networks (“SD-WAN”), cloud and autonomous vehicles.
  • Rothschild & Co is serving as financial advisor and UBS and Jefferies are serving as financial advisor and corporate broker to Spirent.

Cegedim: acquisition of Visiodent group

Retrieved on: 
Thursday, February 15, 2024

Boulogne-Billancourt, France, February 15, 2024 - Cegedim , an innovative technology and services company, has acquired the Visiodent group, a leading provider of management solutions for dental practices and health clinics in France.

Key Points: 
  • Boulogne-Billancourt, France, February 15, 2024 - Cegedim , an innovative technology and services company, has acquired the Visiodent group, a leading provider of management solutions for dental practices and health clinics in France.
  • The Visiodent group was founded in 1983 and in 2018 launched Veasy, the first 100% SaaS solution for dental practices and health clinics at a time when those types of organizations were rapidly expanding.
  • Cegedim Santé’s acquisition of the Visiodent group makes it a clear leader in France in this segment: it now equips over 1,000 health clinics.
  • Visiodent was advised on this deal by Lazard (Julien Lestrade, Julien Fauconnier, Alice Boutant) and Moncey (Guillaume Giuliani, Vianney Birot, Yann Fouquet-Michel, Frederic Bosc), and Cegedim Group, by Rothschild & Co (Pierre Sader).

General Atlantic Announces Close of Investment in funda

Retrieved on: 
Tuesday, February 6, 2024

General Atlantic, a leading global growth investor, today announced the close of its offer for shares held by Stichting Administratiekantoor funda (STAK) in Funda BV, the premier real estate classifieds site in the Netherlands.

Key Points: 
  • General Atlantic, a leading global growth investor, today announced the close of its offer for shares held by Stichting Administratiekantoor funda (STAK) in Funda BV, the premier real estate classifieds site in the Netherlands.
  • With the close of the transaction, General Atlantic holds 1,224,603 shares, representing a 24% interest in funda.
  • General Atlantic plans to partner with funda and NVM Holding, along with STAK, to support funda’s continued leadership position in the market.
  • NVM Holding looks forward to contributing to the further growth and development of funda together with General Atlantic and STAK.”
    Marcel de Groot, chairman of STAK, said: “General Atlantic is a committed shareholder with whom NVM Holding, STAK, and funda will work together as partners.

Consolidated Communications Shareholders Approve Proposed Transaction with Searchlight and BCI

Retrieved on: 
Wednesday, January 31, 2024

Consolidated Communications Holdings, Inc. (Nasdaq: CNSL) (the “Company” or “Consolidated”), a top 10 fiber provider in the U.S., today announced that, based on the preliminary vote count provided by its proxy solicitor following the Company’s special meeting of shareholders (the “Special Meeting”) held earlier today, Consolidated shareholders have voted overwhelmingly to approve the proposed acquisition of the Company by affiliates of Searchlight Capital Partners, L.P. (“Searchlight”) and British Columbia Investment Management Corporation (“BCI”) (the “Proposed Transaction”).

Key Points: 
  • Consolidated Communications Holdings, Inc. (Nasdaq: CNSL) (the “Company” or “Consolidated”), a top 10 fiber provider in the U.S., today announced that, based on the preliminary vote count provided by its proxy solicitor following the Company’s special meeting of shareholders (the “Special Meeting”) held earlier today, Consolidated shareholders have voted overwhelmingly to approve the proposed acquisition of the Company by affiliates of Searchlight Capital Partners, L.P. (“Searchlight”) and British Columbia Investment Management Corporation (“BCI”) (the “Proposed Transaction”).
  • Approximately 75% of disinterested shareholders voted to approve the proposal to adopt the merger agreement and approve the Proposed Transaction.
  • “Today’s vote by Consolidated shareholders is a clear endorsement that they recognize the value-maximizing nature of this transaction,” said Robert J. Currey, the Chairman of the Consolidated Communications Board and the Special Committee Chair.
  • Following the closing of the Proposed Transaction, shares of Consolidated Communications common stock will no longer be traded or listed on any public securities exchange.

WillScot Mobile Mini to Acquire McGrath RentCorp for $3.8 Billion, Enhancing Its Position as the North American Leader in Turnkey Space Solutions

Retrieved on: 
Monday, January 29, 2024

The acquisition will enhance WillScot Mobile Mini’s position as a North American leader in turnkey space solutions with a complementary geographic footprint and a more diversified platform, providing enhanced value across key customer segments.

Key Points: 
  • The acquisition will enhance WillScot Mobile Mini’s position as a North American leader in turnkey space solutions with a complementary geographic footprint and a more diversified platform, providing enhanced value across key customer segments.
  • This complements WillScot Mobile Mini’s broad North American footprint and 80-year history as an innovative space solutions provider.
  • “I’m excited to welcome the McGrath team to the WillScot Mobile Mini family,” said Brad Soultz, Chief Executive Officer of WillScot Mobile Mini.
  • BofA Securities served as financial advisor, Rothschild & Co served as financing advisor and Allen & Overy LLP acted as legal counsel to WillScot Mobile Mini.