Powered by

Herkules flies off with GMT's Seagull Group, Sells Espresso House to JAB :

Jun 03, 2015 - The Deal Pipeline
Mergers and Acquisitions

London technology, media and telecoms private equity firm GMT Communications Partners LLP announced an agreement, on Wednesday, June 3, to sell  maritime and oil and gas industries training and compliance software provider Seagull Group to Oslo buyout firm Herkules Capital AS.

No transaction price was disclosed, but  market sources said the deal values Horten, Norway-based Seagull Maritime AS and its sister company Seagull Oil & Gas AS at around Euro100 million ($111 million). Th...