Europe

The firm will also acquire a 50 percent stake in Investment Funds Depositary Services.

Smooth-Bor is a healthcare company based in California.

Abyss is a service vessel provider supporting the salmon farming industry in Norway and Iceland.

Wrist is a marine supply, logistics and budget management services provider for the maritime industry.

The acquisition places Buko into the Scandinavian market.

These two strategic acquisitions mark an important milestone in LBA’s global expansion and growth strategy.

The purchase consideration amounts to €256.8 million for 86% of the outstanding shares.

‘You’ve got a big AI macro-trend that is going to make that space much more sophisticated,’ says PSG Equity’s Edward Hughes.

Bailey & Co, InTandem Capital and TPG see M&A opportunities in revenue cycle management; data sharing; governance, regulation and compliance; and more.