Guernsey-incorporated Better Capital operates as a protected cell company that invests via The Better Capital 2009 Cell and The Better Capital 2012 Cell.Country: IndiaSector: Aerospace/DefenceTarget: Pranita Engineering Solutions LimitedBuyer:
BECAP Fund LP, Better Capital PCC Limited, Gardner Group LimitedDeal size in USD: 774,000Type: Corporate acquisitionFinancing: Existing resources, CashStatus: Closed
According to Calyxa[euro](tm)s chairman Nick Sanders, MentecPlus is a non-core business to the group, which will use the money from the sale to expand its software solutions operations, recently re-branded as m-hance.Country: Ireland, Sector: Computer SoftwareTarget: MentecPlus Integrated Solutions LimitedBuyer: UNIT4 Business Software Holding BVVendor:
BECAP Fund LP, Better Capital PCC LimitedType: DivestmentStatus: Closed
Enigmatic Investments, owned by British
Becap Fund LP, offered to buy Clarity at GBP0.25 (USD0.4/EUR0.3) a share.Country: UK, Sector: IT/Online ServicesTarget: Clarity Commerce Solutions plcBuyer:
Becap Fund LP, Enigmatic Investments LimitedType: P2PStatus: Bidding
Better Capital acquired the operations via its
BECAP Fund LP which in turn committed a totalA GBP40m (USD61.7m/EUR47.7m) to a majority-owned special purpose vehicle, established to carry out the takeover.
Enigmatic Investments, owned by British
Becap Fund LP, said in a statement that Clarity shareholders controlling some 21.7% of company shares had accepted its final GBP0.25 (USD0.4/EUR0.3) a share offer by Wednesday and it had secured commitments for further 23.3%.
British
Becap Fund LPa[euro](tm)s Enigmatic Investment offered in September to buy out Clarity in a GBP9.53m deal, at GBP0.23 a share.
3 November 2011 - Enigmatic Investments, a company owned by British
Becap Fund LP, said on Thursday it had extended until 16 November its hostile GBP0.23 (USD0.4/EUR0.3) per share buyout offer for UK technology solutions firm Clarity Commerce Solutions (LON:CCS).
Enigmatic Investments, a company owned by British
Becap Fund LP, said it had extended until 2 November its hostile buyout offer for UK technology solutions firm Clarity Commerce Solutions (LON:CCS).
20 October 2011 - Enigmatic Investments, a company owned by British
Becap Fund LP, said on Thursday it had extended until 2 November its hostile buyout offer for UK technology solutions firm Clarity Commerce Solutions (LON:CCS).
Enigmatic Investments, a company owned by British
Becap Fund LP, offered last month to buy out Clarity in a GBP9.53m (USD15m/EUR11m) deal.