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Digerati Technologies Strengthens Balance Sheet with All $10 Million of Notes Converting to Equity
Globenewswire· 2026-02-18 14:00
Conversions Priced at $0.03 per Share Port Jefferson, NY, Feb. 18, 2026 (GLOBE NEWSWIRE) -- Digerati Technologies, Inc., (“Digerati,” the “Company,” “we,” “our” or “us”) (OTCID: DTGI), a data center, power solutions and telecom services provider, is pleased to announce that all of its $10 million of Notes have been converted into equity priced at $0.03 per share. As a result, Digerati currently has no debt. The majority of the investors received restricted common shares that are subject to a lock up and lea ...
Orkla buys Austrian maker of margerines, sauces Senna
Yahoo Finance· 2026-02-18 13:31
Orkla's ingredients business unit has agreed to buy Senna, the Austrian producer of margarine, sauces and dressings, from Vivatis Holding. Financial terms of the transaction were not revealed. In a statement yesterday (17 February), Orkla Food Ingredients (OFI) said the acquisition “strengthens” its position in the Central and South East European (CSE) region and establishes new market positions in Austria and Italy. Manuela Banu, the CEO of OFI in the CSE region, said: “Austria and Italy represent new ...
Colliers International(CIGI) - 2025 Q4 - Earnings Call Transcript
2026-02-13 17:02
Financial Data and Key Metrics Changes - For Q4 2025, the company generated revenues of $1.6 billion, up 5% year-over-year, with overall internal growth for the quarter being essentially flat due to strong prior comparisons [10] - Adjusted EBITDA for the quarter was $245 million, reflecting a 6% increase over the previous year, in line with revenue growth [10] - The company's leverage declined to 2x as of December 31, benefiting from strong seasonal cash flows [15] Business Line Data and Key Metrics Changes - The commercial real estate segment net revenue increased by 7% in Q4, with Capital Markets revenues rising by 13%, primarily driven by strong activity in the U.S. [11] - Leasing revenues grew by 3%, led by the U.S. in office and industrial asset classes [11] - The engineering segment net revenue was up 8%, supported by recent acquisitions, while investment management net revenues increased by 6% [12] Market Data and Key Metrics Changes - The U.S. market continued to show strength, particularly in Capital Markets, which is expected to maintain high teens growth in 2026 [64] - EMEA and Asia Pacific markets experienced modest growth, with expectations for improvement in 2026 [36] Company Strategy and Development Direction - The company is focused on expanding its diversified platform and has recently agreed to acquire Ayesa Engineering, which will enhance growth avenues and strengthen its global presence [5] - The strategy emphasizes leveraging AI as a productivity and growth enabler, improving efficiency and margins while allowing professionals to focus on higher-value advisory services [8][9] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about entering 2026 with strong momentum and a healthy pipeline, expecting solid internal growth and contributions from recent acquisitions [7] - The company anticipates mid-teens growth across its key operating metrics for 2026, driven by a recovery in Capital Markets and strong demand in engineering and investment management [16] Other Important Information - The company raised $2.1 billion in new capital commitments during Q4 and $5.3 billion for the full year, with a fundraising target of $6 billion to $9 billion for 2026 [13][66] - The integration costs in the investment management segment are expected to continue impacting margins through the first half of 2026 [12][32] Q&A Session Summary Question: Organic growth in engineering - Management noted strong demand for services and opportunities to increase pricing, with hiring ongoing to meet demand [19][20] Question: Capital allocation and share buybacks - Management indicated a preference for careful capital management and highlighted the focus on acquisitions rather than share buybacks at this time [29] Question: Macro perspective on Capital Markets - Management does not expect rate cuts to influence their outlook, citing pent-up demand for transactions as a key driver for growth [36] Question: AI's impact on business - Management views AI as a margin enhancer rather than a disruptor, emphasizing its role in improving efficiency and enabling professionals to focus on complex transactions [71][72] Question: Ayesa acquisition and future growth - Management highlighted the strategic importance of the Ayesa acquisition for expanding into new markets and leveraging existing capabilities [56][87]
Eshbal strikes Dare To Be Different Foods deal
Yahoo Finance· 2026-02-11 11:29
Core Insights - Eshbal Functional Food has acquired a 55% stake in Dare to Be Different Foods (D2BD), a US-based low-carb and gluten-free food company, for a total value of C$756,000 ($0.15 per share) [1][2][3] Group 1: Acquisition Details - The acquisition includes a cash payment of $248,000, with $26,000 paid at closing and the remainder to be settled in monthly installments of at least $18,500 over the next year [2][3] - Eshbal plans to purchase additional shares from existing D2BD shareholders for $180,000, to be paid through 1,200,000 Eshbal shares priced at $0.15 each [3] - The deal also allows for the issuance of additional shares if D2BD meets certain performance targets within two years post-closing [3] Group 2: Company Background and Strategy - D2BD, founded in 2012, specializes in low-carb and gluten-free frozen products, including crusts, crisps, and gnocchi made from broccoli and cauliflower [2] - Eshbal aims to expand its presence in North America, having previously completed a reverse takeover with Hakken Capital Corp, which led to its listing on the TSX Venture Exchange [4] - Eshbal's CEO has indicated that the company is focusing on acquisitions in North America to drive growth and aims to triple revenue within the next two years [5]
Uber to buy delivery arm of Turkey's Getir
TechCrunch· 2026-02-09 15:07
Core Insights - Uber has agreed to acquire Getir's food delivery business for $335 million and a 15% stake in its grocery, retail, and water delivery business for an additional $100 million, with plans to complete the acquisition over the next few years [1][2] Group 1: Acquisition Details - The acquisition involves Uber purchasing Getir's food delivery business and a stake in its other delivery services from Mubadala, Getir's largest shareholder [2] - Uber plans to integrate Getir's food delivery services with Trendyol Go, another delivery service it acquired for $700 million [9] Group 2: Getir's Background - Getir, once valued at $12 billion, has faced significant challenges, leading to a massive scaling down of operations and layoffs in the U.S., U.K., and Europe [3][4] - The company has raised a total of $2.40 billion and valued its group assets at $374 million in court documents [5] Group 3: Financial Performance - Getir's food delivery business recorded gross bookings of over $1 billion in 2025, reflecting a 50% increase from the previous year [9] - Uber's delivery business reported revenue of $4.89 billion in the fourth quarter, a 30% increase year-over-year, with Europe, the Middle East, and Asia being the fastest-growing regions [10]
NatWest enters £2.7bn deal to acquire Evelyn Partners
Yahoo Finance· 2026-02-09 12:11
Core Viewpoint - NatWest Group is acquiring UK wealth manager Evelyn Partners for £2.7 billion ($3.6 billion), aiming to enhance its wealth management capabilities and increase fee income significantly [1][2]. Group 1: Acquisition Details - The acquisition will result in a combined business managing £127 billion in assets, with Evelyn Partners contributing £69 billion in client assets [1]. - The deal is expected to increase NatWest's fee income by approximately 20% before realizing revenue synergies [2]. - The transaction is anticipated to achieve annual run-rate cost synergies of £100 million, representing around 10% of the combined unit's cost base, with one-time costs estimated at £150 million [3]. Group 2: Leadership and Strategic Goals - The merged entity will be led by Emma Crystal, the chief executive of NatWest's Private Banking and Wealth Management division [2]. - NatWest Group CEO Paul Thwaite emphasized the opportunity to provide enhanced financial planning and investment services to a broader client base across the UK [3][4]. Group 3: Financial Impact and Timeline - The acquisition is projected to be "accretive" to NatWest's growth and return on tangible equity within the first year post-completion [4]. - The deal is expected to reduce NatWest's CET1 capital ratio by approximately 130 basis points [4]. - Completion of the transaction is anticipated in summer 2026, subject to regulatory approvals [5].
Fagron obtains regulatory clearance for the acquisition of Vepakum in Brazil and completes the acquisition of Magilab in Hungary
Globenewswire· 2026-02-05 06:00
Group 1 - Fagron has obtained regulatory clearance for the acquisition of Vepakum in Brazil and has completed the acquisition of Magilab in Hungary [1][9] - The acquisition of Vepakum will enable Fagron to enter a new vertical in high-quality packaging solutions, providing scale benefits through joint packaging, distribution, and shared services [2] - The acquisition of Magilab strengthens Fagron's position in Hungary's hospital pharmacy segment, which has a high compounding per capita, and supports operational leverage through integration and scale [3] Group 2 - Fagron is a leading global company in pharmaceutical compounding, focusing on personalized medicine delivery to hospitals, pharmacies, clinics, and patients in over 35 countries [5] - The company is based in Nazareth, Belgium, and is listed on Euronext Brussels and Euronext Amsterdam under the ticker symbol 'FAGR' [6]
Colliers acquires California-based transit engineering and program management firm
Globenewswire· 2026-02-04 12:00
Core Insights - Colliers has acquired Ramos Consulting Services, enhancing its capabilities in the U.S. public transportation sector [1][2] - The acquisition allows Ramos CS's leadership to continue managing the transit business in California while becoming significant shareholders in Colliers Engineering [1][3] Company Overview - Colliers is a global diversified professional services and investment management company with $5.5 billion in annual revenues and $108 billion in assets under management [4] - The company operates through three main platforms: Real Estate Services, Engineering, and Investment Management, and has a proven business model that delivers approximately 20% compound annual returns for shareholders [4] Ramos Consulting Services - Founded in 2008, Ramos CS has supported over $20 billion in capital programs across transit, transportation, and public works in California [2] - The firm employs 50 professionals and is recognized as a trusted advisor to public transportation agencies [2] Strategic Implications - The acquisition is expected to strengthen Colliers' infrastructure capabilities and allow for the undertaking of larger, more complex projects [3] - Both companies express alignment in their commitment to technical excellence, culture, and client service, indicating a strong potential for collaboration [3]
Their Boss Is Offering Them The Coffee Shop For $65K. It Feels Like A Sign, But 'If It's Truly So Low-Maintenance, Why Would They Sell?'
Yahoo Finance· 2026-02-03 16:16
Core Insights - A worker has been offered the opportunity to buy a waffle and coffee shop for $65,000 after managing it for three years, as the owner seeks to focus on another business venture [1] - The shop reportedly generates monthly revenues of $30,000 to $40,000, with net profits between $3,000 and $4,000 [2] Financial Considerations - The asking price of $65,000 is approximately twice the annual profit, which may appear attractive, but raises questions about the owner's motivations for selling [3] - Concerns have been raised regarding the lease structure, which operates on a percentage-of-sales model; potential increases in rent or lease expiration could significantly impact profitability [5] - The seller has been using personal expenses as business expenses, complicating the financial assessment; potential buyers are advised to review tax returns rather than relying on spreadsheets [6] Operational Factors - The shop does not include ownership of equipment, as it is rented from the food hall, and lacks clear franchise or brand value [7] - Some perspectives suggest that while the deal may not be a path to wealth, it could be a viable lifestyle business for the current manager, offering a modest pay increase [7]
Smithfield Foods to buy Nathan’s Famous for $450M
Yahoo Finance· 2026-01-21 13:57
Group 1 - Smithfield Foods is acquiring Nathan's Famous for $450 million in cash, which equates to $102 per share, with the transaction expected to close in the first half of 2026 [8] - The acquisition aims to solidify long-term sales and cash flow for Smithfield, while improving margins in its packaged meat business [3][4] - Smithfield has held an exclusive license to manufacture Nathan's products since 2014, which is set to expire in March 2032 [8] Group 2 - The deal is projected to achieve annual cost synergies of approximately $9 million by the second anniversary of the deal closing [5] - Nathan's Famous recorded $148 million in revenue for its 2024 fiscal year, while Smithfield reported net sales of $14.1 billion [6] - The acquisition will allow Smithfield to expand Nathan's portfolio and enhance customer awareness across its retail and foodservice sales channels [4]