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Cygnet Health Care in £340m MBO

Done deals:

  • Servoca plc, a provider of outsourced and recruitment services to the public and private sector, has acquired teaching staff agency Day To Day Teachers for £400,000

  • Property investor Dawnay, Day Sirius has bought seven sites in Germany, comprising Siemens’ Gewerbepark Portfolio of five business parks for €98 million (£77.4 million) and two other business parks for €17.9 million (£14.1 million)

  • Oil producer Imperial Energy has raised some £300 million through a rights issue of shares, underwritten by financial services firm Merrill Lynch and Dutch bank ABN AMRO

  • Psychiatric services company Cygnet Health Care has undergone a £340 million management buy-out
  • Supply chain company Wincanton plc has bought Product Support, a provider of defence and aerospace logistics in the UK, for up to £30 million

  • Scooter company Vmoto has finalised the £472.5 million acquisition of Spanish scooter and motorcycle group CSR Motorcycles, its first step into the European market

  • Renewable energy investor Running River plc has exercised its call option and purchased the remaining shares in Indian hydro-electric investment vehicle, Mountain Energy Corporation for £13.6 million, constituting a reverse takeover

  • The Royal Bank of Scotland has backed the management buy-out of the St George Healthcare Group, led by husband and wife team Dr Naser and Hala Fouad

  • Financial consultancy and manufacturing investor Masterobjective has bought print business Bernard Kaymar

  • Product and software developer IRIS has acquired Drummohr Technology, the makers of 'Tax Assistant' software to the professional services market

  • Oxford Instruments plc, a high technology tools and systems company, has purchased its distributor and after-sales support company for its Scandinavian operations, French business Link Analytical, for up to £1.2 million

  • The Advisory Board Company, a provider of research, analysis and decision support tools to hospitals, health systems and biotech companies has bought Crimson, a provider of data, analytics and business intelligence software to hospitals
  • Namesco has acquired Register365.com, in order to increase its domain name and shared web hosting services

 

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