KKR to Take UK’s Smart Metering Systems Private in $1.63bn Deal

KKR to Take UK’s Smart Metering Systems Private in $1.63bn Deal

British energy infrastructure company Smart Metering Systems(SMS) said on Thursday U.S. fund KKR will take it private in a $1.63bn deal, setting it up to join the growing list of firms leaving London bourses. The 955 pence-per-share all-cash offer represents a premium...
Grafton Capital-Backed Third Financial Eyes $100m Sale

Grafton Capital-Backed Third Financial Eyes $100m Sale

Grafton Capital backed white-label platform provider Third Financial is up for sale, Citywire New Model Adviser has learned. An investment bank is advising Third Financial on the process, and an information memorandum has reportedly been distributed to prospective...
Francisco Partners Completes £175m Acquisition of Blancco

Francisco Partners Completes £175m Acquisition of Blancco

Private equity firm, Francisco Partners, has completed the all-cash acquisition of Blancco for 223p/share, representing an equity valuation of approximately £175m.  As a result of the completion of the transaction, Blancco has ceased trading and is no longer listed on...