|
|
Top Highlights
Mirum Pharmaceuticals, a rare disease company, completed the acquisition of Bluejay Therapeutics, a privately held biotechnology company focused on viral and liver diseases, for $820m, according to press releases.
Bluejay Therapeutics was advised by Centerview Partners, JP Morgan, Cooley and Latham & Watkins (led by Mark Roeder and Ian A. Nussbaum). Mirum Pharmaceuticals was advised by Cantor Fitzgerald, Citizens Bank, Leerink Partners, Morgan Stanley, Raymond James and Cooley, according to press releeases and MergerLinks data.
Zijin Gold, a mining company, agreed to acquire Allied Gold, a mining and metals company, for CAD5.5bn ($4bn), according to press releases.
Zijin Gold is advised by RBC Capital Markets and Fasken. Allied Gold is advised by Moelis & Co, Scotiabank, Cassels Brock & Blackwell and Paul Weiss Rifkind Wharton & Garrison (led by Adam Givertz and Christian Kurtz) , according to press releeases and MergerLinks data.
Siegfried Holding, a pharmaceutical company that offers and manufactures primary and secondary drug substances and products, agreed to acquire Noramco, Extractas Biosciences, and Purisys, a pharmaceutical companies, from SK Capital Partners, a private investment firm, according to press releases. Financial terms were not disclosed.
Noramco is advised by Jefferies & Company, RBC Capital Markets and Rothschild & Co. SK Capital Partners is advised by Gregory FCA (led by Jeremy Milner), according to press releases and MergerLinks data.
Deal Round up
AMERICAS
Blackstone makes over $400m gain on Marathon sale to CVC. ( Bloomberg)
Jennifer Garner’s once upon a farm targets $209m US IPO. ( Bloomberg)
Batistas’ fintech prepares for Brazil’s first IPO in five years. ( Bloomberg)
EMEA
Turkey copper-mine owners hire Goldman for potential sale. ( Bloomberg)
CSG’s record IPO fuels hopes for Europe listings rebound. ( Bloomberg)
Ethiopia markets regulator reviewing 66 listing applications. ( Bloomberg)
APAC
Australia’s Invictus plunges after Qatari deal falls through. ( Bloomberg)
Evergrande Property said to expect binding offers by month-end. ( Bloomberg)
SoftBank-backed analytics firm Patsnap weighs dual listing in Hong Kong and Singapore. ( Bloomberg)
|
COMPANIES
INVESTORS
FINANCIAL ADVISORS
|
|
Read on...
Scroll down to read deal descriptions. Your suggestions and comments support the democratisation of M&A data. If you'd like to contribute to the future editions, drop us a line.
AMERICAS
Orezone Gold, a Canadian-based gold exploration and development company, agreed to acquire Casa Berardi gold mine of Hecla Mining, a low-cost silver producer with operating mines in Alaska, Idaho, and Mexico, for $593m, according to press releases.
Orezone Gold is advised by BMO Capital Markets and Stikeman Elliott. Hecla Mining is advsied by GenCap Mining Advisory and Cassels Brock & Blackwell, according to press releases.
Leidos, a systems integrator specializing in information technology, agreed to acquire ENTRUST, a consulting firm specializing in utility engineering, from Kohlberg, a private equity firm, for $2.4bn, according to press releases.
Leidos is advised by PricewaterhouseCoopers, Citigroup and Davis Polk & Wardwell (led by William J. Chudd), according to press releases and MergerLinks data.
JLL Partners, an American private equity firm, completed the acquisition of PowerParts Group, a manufacturer that supplies custom‑engineered replacement parts for gas and steam turbines, according to press releases. Financial terms were not disclosed.
JLL Partners was advised by Arnovia, Harris Williams & Co and Profile Advisors (led by Eli Kapsack) , according to press releases.
Alamo Group, a global manufacturer of high-quality industrial and vegetation management equipment, completed the acquisition of Petersen Industries, a manufacturer of truck-mounted grapple loader equipment, for $166m, according to press releases.
Alamo Group was advised by D.A. Davidson & Co and Dykema, according to press releases.
Blackstone Energy Transition, a Blackstone's energy-focused private equity business, agreed to acquire Arlington Industries, a domestic manufacturer of high performance electrical products, according to press releases. Financial terms were not disclosed.
Arlington Industries is advised by UBS and Sullivan & Cromwell, according to press releases and MergerLinks data.
Truelink Capital, a Los Angeles based private equity firm, completed the acquisition of SouthernCarlson, a distributor of brands in construction and packaging machines, tools and supplies, from Kyocera, a Japanese multinational ceramics and electronics manufacturer, according to press releases. Financial terms were not disclosed.
Peak Rock Capital-backed Aegis Software, a provider of manufacturing execution system, completed the acquisition of Simio Software, a company that offers simulation, production planning, and scheduling software, as well as digital twin modeling, according to press releases. Financial terms were not disclosed.
Aegis Software was advised by Kekst CNC (led by Daniel Yunger), according to press releases.
Berkshire Partners-backed Specialized Elevator, a provider of a full range of elevator services, including service, repair, modernization, inspection, compliance testing, and building code upgrades, completed the merger wth Vintage Elevator Services, a company that offers installation, maintenance, repair, and modernization of both commercial and residential transportation systems, according to press releases. Financial terms were not disclosed.
Vintage Elevator was advised by Lift Business Advisors (led by Jeff Eaton), according to press releases.
Corient, a fiduciary wealth management firm, completed the acquisition of Palo Alto Wealth Advisors, a specialized advisory firm, according to press releases. Financial terms were not disclosed.
Corient was advised by StreetCred PR (led by Jimmy Moock), according to press releases.
Arroyo Investors, an independent investment manager, and ONCEnergy, a renewable energy developer and operator, completed the acquisition of Whirlwind energy center, according to press releases. Financial terms were not disclosed.
Arroyo Investors was advised by Petree Partners (led by Jennifer Petree), according to press releases.
Intentsify, a B2B intent data provider, completed the acquisition of Salutary Data, a contact records provider specializing in high-quality contact data solutions, according to press releases. Financial terms were not disclosed.
Intentsify was advised by Matter Communications (led by Tony Shehata), according to press releases.
Kohlberg-backed RESA Power, a provider of electrical distribution systems and services, completed the acquisition of Societe Generale d'Electrotechnique, a company specializing in electrical engineering and construction services, according to press releases. Financial terms were not disclosed.
Kohlberg was advised by Gasthalter & Co (led by Amanda Shpiner), according to press releases.
Yes& Agency, a marketing agency that specializes in solving complex marketing challenges for various clients, completed the acquisition of Symmetri Marketing Group, a B2B brand interaction agency that offers services in brand development, according to press releases. Financial terms were not disclosed.
ControlUp, a company that offers troubleshooting and remediation solutions for both virtual and physical desktop environments, completed the acquisition of Unipath, a provider of comprehensive technological solutions, according to press releases. Financial terms were not disclosed.
Blackstone makes over $400m gain on Marathon sale to CVC. ( Bloomberg)
CVC Capital Partners’ $1.2bn acquisition of Marathon Asset Management delivered a major windfall for Blackstone, which held a minority stake through its GP stakes platform.
Blackstone more than tripled its initial investment, translating into a gain of over $400m.
Jennifer Garner’s once upon a farm targets $209m US IPO. ( Bloomberg)
Once Upon a Farm and some of its investors are seeking to raise up to $209m in a US initial public offering, as the organic children’s food maker moves toward a public listing.
The California-based company plans to offer nearly 11m shares at $17–$19 each, with both primary shares and stock sold by existing shareholders.
Batistas’ fintech prepares for Brazil’s first IPO in five years. ( Bloomberg)
PicPay is moving toward a public listing, positioning itself as Brazil’s first IPO in five years as the fintech seeks investor backing for its transformation beyond a digital wallet.
The company has expanded into a broader financial services platform over the past five years, with the IPO set to test market confidence in that strategy shift.
EMEA
Adenia Partners, a private equity firm, agreed to acquire a majority stake in Parkville Pharmaceuticals, a pharmaceutical company that manufactures and distributes unique products in the Egyptian pharmaceutical market, from Admaius Capital Partners, an Africa-focused private equity investor, according to press releases. Financial terms were not disclosed.
Parkville Pharmaceuticals is advised by Zilla Capital and Matouk Bassiouny. Adenia Partners is advsied by Baker McKenzie and Gregory FCA (led by Stephen Fishleigh), according to press releases.
WindRose-backed SubjectWell, a company specializing in patient recruitment and clinical trial support, completed the merger with Clariness, a specialized provider of clinical trial recruitment and management services, according to press releases. Financial terms were not disclosed.
Clariness was advised by Fairmount Partners and Interdependence PR (led by Haylee Elmore). WindRose and SubjectWell were advised by Stout Capital, according to press releases.
ANTA Sports, a Chinese sportswear brand, agreed to acquire a 29.06% stake in PUMA, a global sports brand specializing in innovative technologies and products, for €1.51bn ($1.79bn), according to press releases.
ANTA Sports is advised by FGS Global (led by Claudia Kosser), according to press releases.
Libraesva, a technology company specializing in AI-powered, layered protection for email security and compliance, completed the merger with Cyber Guru, a computer and network security company, according to press releases. Financial terms were not disclosed.
Libraesva and Cyber Guru were advised by Noesis (led by Elena Cerutti), according to press releases.
Turkey copper-mine owners hire Goldman for potential sale. ( Bloomberg)
The owners of Turkey’s largest open-pit copper mine have hired Goldman Sachs to explore a sale of part or all of Acacia Mining Enterprises, which operates the Gokirmak mine.
The shareholders are seeking up to $1bn for a full sale, as strong copper prices spur interest in the asset.
CSG’s record IPO fuels hopes for Europe listings rebound. ( Bloomberg)
CSG’s strong trading after its Amsterdam debut is raising expectations of a recovery in Europe’s equity capital markets.
Defense, technology and telecoms companies are expected to lead IPOs in the first half of the year, after the Czech defense group’s shares closed 31% above the offer price on their second day.
Ethiopia markets regulator reviewing 66 listing applications. ( Bloomberg)
Ethiopia’s Capital Markets Authority is reviewing 66 prospectuses from companies seeking approval for market listings and issuances.
More than 45 of the applications come from financial services firms, including banks, insurers and micro-lenders.
APAC
Australia’s Invictus plunges after Qatari deal falls through. ( Bloomberg)
Invictus Energy shares fell by more than half after the Australian oil and gas explorer failed to agree final terms on a deal announced in 2025 with a Qatari investor.
The company had agreed in August to sell a 19.9% stake to Al Mansour Holdings, alongside up to $500m in future financing to develop a gas project in Zimbabwe.
Evergrande Property said to expect binding offers by month-end. ( Bloomberg)
Liquidators of China Evergrande Group are expecting binding bids for its Hong Kong-listed property management unit by the end of this month, as the sale process moves forward.
Private equity firms including Trustar Capital and at least one Guangdong-based state-owned buyer are considering bids for Evergrande Property Services.
SoftBank-backed analytics firm Patsnap weighs dual listing in Hong Kong and Singapore. ( Bloomberg)
Patsnap is considering a dual stock market listing in Hong Kong and Singapore, as the intellectual-property data provider explores public markets.
The company is weighing a share sale that could raise between $300m and $400m.
|
Connect the World of Dealmakers
Expand your network of fellow Dealmakers by inviting your colleagues and coworkers.
Join Now
If you know someone who might enjoy this briefing forward this email. Subscribe to a Daily Review.
|
|
|
|
|
