Introduction Mpact Ltd (“Mpact”) appointed Novitas Capital Advisors (“Novitas”), on an exclusive basis, to undertake a global search to find the best strategic acquirer for Versapak, a division of Mpact comprising the production of styrene and PET trays and punnets, as well as vinyl cling film. Versapak operates from two plants [...]
Introduction The Biesterfeld Group has announced the acquisition of Aerontec, a prominent South African supplier and distributor of advanced composite materials. This strategic move marks Biesterfeld's entry into the African market, positioning the company for long-term growth and expansion in a highly attractive region. The acquisition was finalized today, with Biesterfeld [...]
INVERSIS acquires 40% stake in ADEPA The alliance between ADEPA and INVERSIS will accelerate the international rollout of the companies’ management company (ManCO), fund administration businesses [and investor services], providing asset and wealth managers with local solutions in their home markets as well as a Luxembourg-domiciled solution for cross-border requirements. ADEPA [...]
Praesidiad’s wholly owned South Africa subsidiary Guardiar SA Pty Ltd that manufactures Betafence products for the SADC region, finalises a minority shareholding agreement with Trident Union Partners. P raesidiad is pleased to announce the completion of an agreement with Trident Union Partners, a Johannesburg based black-owned technology investment company, for the [...]
Another win-win cross-border deal expertly advised by Novitas SStriata is a truly South African success story. From its humble beginnings in 1999 in Mike Wright’s garage, the business has grown to a team of 135 based in the USA, UK, South Africa, Hong Kong and Australia. They provide software and [...]
Accuity Acquires Apply Financial to Provide Real-Time Straight Through Processing and Account Validation Payment Solutions A ccuity, a leading global provider of financial crime screening, payments, and know your customer (KYC) solutions, and part of RELX, announced today that it has acquired Apply Financial Limited (Apply Financial). The acquisition supports [...]
PURA’s better-for-you carbonated soft drinks combine – low sugar, no artificial colours, natural flavours and an everyday low price point. Less than a year after its retail launch, PURA has already surpassed popular independent local brands like BOS Iced Tea, Just Juice and Frankies in terms of unit sales per [...]
Popcorn Training joins forces with KnowBe4, the world’s largest platform for integrated security awareness training. As exclusive advisors to Popcorn Training on their sale to US cybersecurity giant KnowBe4, Novitas is proud to announce its second cross-border transaction of 2018. KnowBe4 is the world's largest security awareness training and simulated [...]
BidTravel has just completed a major acquisition by purchasing Cruises International. Article by Taryn Nightingale “The purpose of building a successful business is that you’d eventually be able to sell it,” says ceo of Cruises International, George Argyropoulos. He says the sale came at the perfect time, not only is [...]
