HgCapital offloads Zenith in £750m deal
30th Jan 2017 10:15
(ShareCast News) - HgCapital announced on Monday that it has agreed the sale of Zenith, the largest independent vehicle leasing business in the UK, to Bridgepoint in a transaction totalling £750m. The London-listed firm said Zenith is headquartered in Leeds, with full-service operations in both Soli
Read moreHgCapital injects undisclosed sum into fundinfo
17th Nov 2016 14:41
(ShareCast News) - HgCapital announced a significant investment in fundinfo on Thursday, which it described as a leading technology platform for fund data and documents publication and dissemination to the global fund industry, headquartered in Zurich. The company said it will partner with the exist
Read moreHgCapital makes undisclosed investment in Evaluate
8th Nov 2016 12:05
(ShareCast News) - HgCapital announced an investment in Evaluate, a London-based provider of commercial intelligence to the global life sciences industry, on Tuesday. The London-listed firm said the terms of this transaction have not been disclosed. It said Evaluate is the trusted provider of missi
Read moreHgCapital acquires Baldwins to create CogitalGroup
12th Oct 2016 08:49
(ShareCast News) - CogitalGroup, backed by accounting services and technology investor HgCapital, announced an investment in Baldwins, one of the UK's largest firms of independent accountants, on Wednesday. The terms of this transaction were not disclosed, and the London-listed firm described Baldwi
Read moreHgCapital sells SimonsVoss in €210m deal
29th Jun 2015 13:59
HgCapital has sold SimonsVoss in a €210m deal with Allegion, the trust said in an announcement Monday. SimonsVoss, a German electronic lock company which generated sales of about €52m in 2014, had been partnered with HgCapital since 2010. The deal with Ireland-based security firm Allegion, is subje
Read moreFTSE 250 movers: JD sports climbs on expansion plans
16th Apr 2014 14:19
JD Sports was a strong riser on Wednesday following reports the company is planning to expand overseas amid its recent chain of acquisitions. Its Chief Executive, Barry Brown, was quoted by Retail Week as saying: 'The opportunity is big especially in France and Germany. There are lots of markets we'
Read morePrudential non-exec stocks up, Executive Director sells
7th Apr 2014 16:50
Anthony Nightingale, a Non-Executive Director of Prudential who joined the board in June last year, has doubled his stake in the international financial services group. Nightingale acquired 15,000 shares at 1,328p each, spending a total of £199,200. Meanwhile, Executive Director Jackie Hunt trad
Read moreHgCapital-owned firm to acquire German software provider
20th Nov 2013 09:27
Fund manager HgCapital has announced that Kallisto, one of its wholly-owned companies, has agreed to the acquisition of 91.85 per cent of the outstanding shares of P&I Personal & Informatik, a payroll and transactional HR software provider in Germany. The acquisition, which is subject to German and
Read moreTuesday broker round-up UPDATE
5th Nov 2013 08:57
Afren: FinnCap ups target price from 130p to 140p keeping a hold recommendation. African Barrick Gold: Westhouse Securities raises target price from 115p to 170p, while downgrading to sell. Associated British Foods: Numis downgrades to reduce with a target price of 1845p. Panmure Gordon ups target
Read moreHG Capital acquires European SaaS business
19th Aug 2013 11:31
HgCapital, a private equity investor, has acquired e-conomic, which provides of software as a service (SaaS) for SMEs in Europe. The purchase was made to further HgCapital's investment in growth mid-market companies within the SME software sector, which it believes will continue to grow strongly i
Read moreMonday broker round-up UPDATE
11th Mar 2013 07:23
Admiral Group: Berenberg ups target price from 1000p to 1060p, but still recommends selling. Amlin: Westhouse Securities raises target price from 440p to 455p, but downgrades from add to neutral. Anite Group: Invetsec downgrades from buy to hold with a target price of 157p. Aviva: Citigroup reduc
Read moreSmall caps round-up: AEA Tech, Expansys, HgCapital ...
17th Aug 2012 13:37
Trading since April 1st at AEA Technology Group has remained challenging, as expected, but the energy and sustainability consultancy stressed that good progress is being made in the implementation of the business plan. Discussion over the firm's strategic options to realise its value are on-going wi
Read moreHgCapital slashes divi after treading water in 2011
16th Mar 2012 10:39
HgCapital Trust, the listed arm of private equity firm HgCapital, said 2011 was all about protecting shareholder value in a tough year for equity markets. The firm's diluted net asset value (NAV) per share eased 2.0% to 1,069.3p at the end of 2011 from 1,090.7p a year earlier, but with dividend pay
Read moreBramson tightens hold on FCAM
4th Nov 2011 17:31
Activist investor Edward Bramson effectively staged a board room coup earlier this year at F&C Asset Management, but having installed himself as chairman, he has continued to build up his interest in the company. On Friday, he acquired a beneficial interest of 200,000 shares in the asset management
Read moreBench still in fashion, says HgCapital
18th Mar 2011 14:53
Americana, the Mancunian clothing group behind the Bench fashion label, continued to grow sales and earnings in the six months to 31 December, according to its private equity backer. Germany in particular was a good market for Americana, said HgCapital Trust, which owns 45% of the business. HgCap
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