Barclays Private Equity has bought IN tIME Express Logistik from ECM Equity Capital Management as it looks to strengthen its market position and expand into Europe.
Round-up of today’s M&A deals
Barclays Private Equity has bought IN tIME Express Logistik from ECM Equity Capital Management as it looks to strengthen its market position and expand into Europe.
German Equity Partners III, the equity capital fund managed by ECM Equity Capital Management, has sold its majority holding in the Hanover-based CEP service provider.
The existing management team will remain involved in the company and will reinvest as part of this transaction.
GEP III acquired the majority stake of In Time during 2007 as an initial investment.
Financial details for the deal remain undisclosed.
Round-up of today’s M&A deals
- Option NV a maker of wireless modems, has acquired the Connected Consumer Electronics assets of MobiWire. The assets include Surface UXTM software, related IP, and a core team of user experience experts
Value: undisclosed
Advisers: undisclosed
- Irish telecoms billionaire Denis O’Brien, the largest shareholder in Irish media group Independent News and Media, has acquired a direct stake in Australia’s APN News & Media
Value: undisclosed
Advisers: undisclosed
- CNN has acquired Zite and plans to operate it as an independent business. iPad magazine app Zite, is a magazine aggregater which collects news based on personal preferences
Value: undisclosed
Advisers: undisclosed
- WPP continues its acquisition drive with the purchase of Japanese digital advertising agency DA Consortium. The deal marks its twelfth acquisition this year, maintaining focus on digital agencies
Value: £26 million
Advisers: undisclosed
- Hospital group Spire Healthcare has announced the acquisition of Lifescan, a UK-based provider of CT scans
Value: £1.37 million
Advisers: undisclosed
- TIBCO Software has acquired Nimbus Partners, a privately-held, UK-headquartered provider of business process discovery and analysis applications
Value: £1.37 million
Advisers: undisclosed
