Mergers and Acquisitions

CYBG confirms Williams & Glyn takeover talks

http://www.cityam.com/252276/challenger-bank-cybg-confirms-williams-glyn-takeover-talks

Callcredit Information Group acquires fraud and identity specialist Recipero

Callcredit Information Group, backed by private equity firm, GTCR, has acquired Recipero. Recipero has built one of the world’s largest proprietary databases containing detailed information of the history and ownership of mobile devices, in a deal designed to accelerate the growth of the company’s fraud and identity protection strategy. Mike Gordon, CEO, Callcredit Information Group,…

Target Group acquisition by Tech Mahindra is approved

Tech Mahindra’s acquisition of Target Group has been formally approved by the Financial Conduct Authority (FCA). Ian Larkin and Bill Alley, co-group Chief Executive Officers stated:  “We would like to thank Pollen Street Capital for its four years of support and assistance in moving the business forward. Our focus now will be on accelerating the next…

Lowell GFKL Group acquires German collections company

Lowell GFKL Group has announced that it has acquired Tesch Inkasso, a German third party collections company. Lowell GFKL Group, backed by the Permira Funds and Ontario Teachers’ Pension Plan, has entered into an agreement to acquire Tesch Inkasso Group from Avedon Capital Partners and the other existing shareholders. Closing is subject to certain regulatory…

Mitratech acquires Hitec Laboratories

Mitratech have acquired Hitec Laboratories. Hitec Laboratories specialise in Governance, Risk, and Compliance and Information Governance software, Miratec is a provider of legal, compliance, and operational risk solutions. Mitratech also acquired CMO Software in June,

Marston Holdings acquires Engage Services

Marston Holdings has announced that it has acquired field collections specialist Engage Services. Engage Services provide field collections services throughout the UK for utilities, financial services and public sector clients.  

Two credit insurance specialists set to merge

UK Credit Insurance and The John Reynolds Group Ltd will merge in August. Following the merger the new company will be called Acumen Credit Insurance Brokers Ltd. A new website will follow in September: www.credit-insure.co.uk.

Rossendales confirms FCA authorisation

Marston Holdings (Marston) has confirmed that subsidiary Rossendales has been granted full authorisation by the Financial Conduct Authority (FCA). Rossendales is the second Marston business to become fully authorised. Burlington Credit was authorised in 2014.  

MasterCard to buy VocaLink

MasterCard Incorporated has announced that is going to acquire VocaLink Holdings Limited for about £700 million (approximately US$920 million).

Mazars to acquire Corality Financial Group

Corality Financial Group are a financial modelling consultancy and training provider. The deal is due to complete in August.  

Court Enforcement Services acquires Elliott Davies

Hoist acquires Spanish portfolio

Portfolio comprises of non-performing banking claims originated by four regional banks.

Sutherland Mortgage Services permissions authorised by the Financial Conduct Authority (FCA)

New mortgage servicing firm in the UK has been granted a full range of mortgage permissions by the Financial Conduct Authority (FCA)