ICON Cybersecurity Sector Briefing

Cybersecurity is a highly dynamic and rapidly evolving growth industry which Gartner predicts to exceed $170bn by 2022 (11% CAGR). Secular trends and an increased risk awareness are driving the demand for new technology, creating a hotbed for B2B cybersecurity innovation. New players are emerging at a fast rate, spurred by a large amount of available private capital. Whilst challenged legacy technology vendors are paying premium prices to acquire tomorrow’s ... read more

Could British Army counterinsurgency techniques help reduce poverty in Africa?

If the traders in Wangige, a grimy market town on the outskirts of Nairobi, were ever surprised to see a pipe-smoking former guards officer striding through their midst, they were too polite to show it. Ramshackle, overcrowded and mostly poor, Wangige is not the sort of place that usually attracts white expatriates, who rarely stray far from the Kenyan capital’s greener suburbs. Yet Wayne Hennessy-Barrett has become an accepted fixture ... read more

The Mobility House supports Groupe Renault in realizing the first smart electric ecosystem on Porto Santo Island

Groupe Renault and Empresa de Electricitade da Madeira (EEM) have joined forces to realize the world-first smart electric ecosystem, transforming the island of Porto Santo towards a smart fossil free island and facilitating the energy transition. The island uses electric vehicles, second-life battery storage units, smart charging and vehicle-to-grid (V2G) to boost the island’s energy independence and stimulate the production of renewable energy. The Mobility House, a leading energy service provider, ... read more

Deutsche Bank begins talks over merger with rival Commerzbank

Union would form Europe’s second largest bank and a rival to HSBC Deutsche Bank as been plagued by three years of losses, and its role as the biggest lender to the Trump business empire.  Deutsche Bank has begun tentative merger talks with rival Commerzbank, which would create Europe’s second biggest bank behind HSBC and fend off unwanted potential bidders such as French giant BNP Paribas. Reports in Germany’s Welt am Sonntag suggest that ... read more

Private Equity – Acquisition Criteria Metrics

Private Equity Info blog, Andy Jones, March 08, 2019 We have previously reported that private equity, as an industry, is moving down market, increasingly investing in smaller deals. The question is, what company size ranges attract PE firms? In other words, how small, how big and are there any sweet spots in terms of preferred portfolio company size for new platform acquisitions? The Data Compiling data from Private Equity Info, the ... read more

Cognizant Acquires Meritsoft, an Award-Winning Fintech Innovator in Post-Trade Processing

Cognizant today announced it has acquired Meritsoft, a privately-held financial software company based in Dublin, Ireland. Meritsoft is best known for its FINBOS platform for post-trade processing, an intelligent automation solution for managing taxes, fees, commissions, and cash flow functions between financial institutions. Meritsoft’s products are currently used by five of the world’s eight leading investment banks. Financial details of the transaction were not disclosed. Cognizant and Meritsoft have a ... read more

Phyre App – Better than a wallet!

Great to see our client Phyre launch its payments app on iOS! Super slick payments and loyalty cards all in one place, on one great app. Download the iOS version now >>   read more

Speciality Materials – M&A Review and Valuation

M&A activity in the speciality materials industry has surged over the last several years. Increasing M&A activity by trade acquirers and financial sponsors has created a very favourable environment for sellers across the speciality materials sector. Additionally, carbon composite M&A continues to grow with 5 strong quarters in 2017 and 2018, due to some highly significant industry deals, robust growth rates, substantial value propositions and sustainable margins remained attractive incentives ... read more