A cheeky website about deals, dealmakers and anything else I find interesting. Edited by Ben Harrington. If you have a tip or want to discuss a story please feel free to email Betaville at ben@betaville.co.uk. Betaville can also be reached at Whats App, Signal or Telegram. Betaville's Twitter handle is @bharringtonw11 and you can message me via Twitter with stories.

Betaville Intelligence

RARE ALERT: Acadia Healthcare said to ... - Part 14

Wednesday, 30 December 2020, 7:12 pm

It took fourteen stories but Betaville got there in the end.

Yes, Acadia Healthcare, the US-listed healthcare firm, has finally confirmed the Betaville Intelligence series of articles about the sale of the Priory, including the last installment about Waterland and Median Kliniken's interest in purchasing the rehabilitation centre well known for treating celebrities, such as Kate Moss...

Read more...

Betaville Intelligence

UNCOOKED ALERT: Pluralsight said to ... - Part 5

Tuesday, 29 December 2020, 5:28 pm

Apologies for the lack posts in the last few days but I have had a few days off.

Anyway, it appears that while I was enjoying some scrumptious food and delicious wine Vista Equity Partner's $3.5 billion takoever of Pluralsight, the US-listed educational software maker, has come under threat with several major shareholders objecting to the private equity firm's $20.26 a share offer...

Read more...

Betaville Intelligence

UNCOOKED ALERT: Signature Aviation said to ... - Part 2

Thursday, 17 December 2020, 4:54 pm

It would appear Signature Aviation, and its highly paid advisers at JP Morgan and Tulchan Communications have decided to ignore the fact that little old Betaville published an UNCOOKED ALERT this morning about the potential deal.

In today's confirmation statement (see the link below) there is a simple reference to "movement in its share price" and no reference to Betaville's scoop (see the link below)...

Read more...

Betaville Intelligence

UNCOOKED ALERT: Signature Aviation said to...

Thursday, 17 December 2020, 11:51 am

Signature Aviation, the UK-listed aviation services company, is at the centre of bid speculation.

People following the situation have heard rumours about the possibility of a takeover bid for, or stakebuilding in, Signature Aviation.

One person following the situation suggested the acquirer could be one of America's largest private equity firms while another person said they heard rumours the potential offeror could be a hedge fund that carries out outright takeover bids...

Read more...

Ferguson said to have appointed NM Rothschild to find a buyer for £500 million Wolseley UK - sources - Part 3

Wednesday, 16 December 2020, 1:20 pm

Three private equity firms are said to be in the running to buy Wolseley UK from FTSE 100-listed Ferguson.

People following the situation said Clayton Dubilier & Rice, Epiris and HIG Capital are competing in the final round of the Wolseley auction.

Final round bids for Wolseley are due in the next few days, said these people.

It's thought Wolseley, one of Britain's biggest building merchants, could change hands for between £400 million and £600 million...

Read more...

The fight back at Solutions 30 begins ... or does it? - Part 3

Tuesday, 15 December 2020, 9:36 pm

Solutions 30, the under siege Paris-listed outsourcing company, collapsed almost 40pc today to close at around EURO 9.1.

So, clearly the company's statement from earlier in the week alleging all sorts failed to reassure investors, who are likely to have been spooked by Carson Block's Muddy Waters wading in.

Below is a link to the FT's report on this bizarre tale:..

Read more...

Betaville Intelligence

RARE ALERT: Telit Communications said to ... - Part 17

Tuesday, 15 December 2020, 7:54 am

The shenanigans at Telit Communications continue unabated, with Dbay this morning saying it has decided not to make an offer for the 'internet of things' company after all.

Dbay, one of the Aim-listed company's largest shareholders, also said it won't back a 250p a share all stock offer from Switzerland's U-blox, which has also been stalking Telit. Below is the link:..

Read more...

Betaville Intelligence

UNCOOKED ALERT: Pluralsight said to ... - Part 3

Monday, 14 December 2020, 4:20 pm

Another hour, another confirmation for little old Betaville.

This time it has emerged Vista Equity Partners, the private equity firm controlled by Robert Smith, has bought Pluralsight, the US-listed digital education business, for $3.5 billion.

In case you don't recall, Betaville Intelligence reported Pluralsight was a takeover target for Vista in early November and also published a follow up last week. Below are the links:..

Read more...

[Disclaimer - the information on Betaville does not consitute any form of investment recommendation and is not intended to be relied upon by readers in making, or refraining from, any investment decisions].