Private equity firm Accel-KKR said Thursday that it has agreed to acquire British software company Eleco in a cash deal valuing it at approximately £207.6 million ($281 million) after an unsolicited approach earlier in 2026.
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FRIDAY, SEPTEMBER 11, 2026 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

TOP NEWS

Kirkland-Led PE Firm To Buy UK Software Biz For £208M

By Dawood Fakhir

Private equity firm Accel-KKR said Thursday that it has agreed to acquire British software company Eleco in a cash deal valuing it at approximately £207.6 million ($281 million) after an unsolicited approach earlier in 2026.

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Primark Gets Boohoo Site For £90M As It Eyes Home Delivery

By Irene Madongo

Boohoo owner Debenhams Group said Thursday it has sold an automated fulfillment facility to Primark and also reassigned the lease for £90 million ($122 million) cash, as the value clothing chain disclosed plans to introduce home delivery to customers.

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Bending Spoons Agrees To Acquire Miro In $1.4B Deal

By Al Barbarino

Italian technology company Bending Spoons said Thursday it has agreed to acquire collaboration software maker Miro at an enterprise value of about $1.36 billion.

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M&A

Marketing Biz System1 Rejects Brave Bison's Revised Offer

By Dawood Fakhir

The board of British marketing company System1 said Thursday it has rejected a revised £43.1 million ($58 million) takeover offer from its biggest shareholder Brave Bison, saying that it is inadequate and undervalues the business.

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Brief

Investors Back Managers' €1.2B Bid For Ferry Business

By Irene Madongo

The independent directors of Irish Continental Group, Ireland's leading maritime transport group, said Thursday that just over three-quarters of shareholders have endorsed the approximately €1.2 billion ($1.4 billion) management takeover of the ferry business, narrowly surpassing the required threshold.

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PRIVATE EQUITY

EUIPO Could Value IP To Help Startups Access Loans

By Jamie Lennox

The European Union Intellectual Property Office has proposed reforms that could help startups secure bank loans by valuing their patent portfolios.

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CAPITAL MARKETS

Pension Insurance Deals Likely To Exceed £10B In First Half

By Joel Poultney

The total value of bulk purchase annuity deals for the first six months of the year is set to top £10 billion ($13.5 billion), Aon has said, driven by increasing competition among insurers and high demand from well-funded pension schemes.

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MERGER REVIEW

CMA Clears Welltower's $14B Care Home Deal

By Dawood Fakhir

The U.K.'s antitrust authority said Thursday that it has cleared Welltower Inc.'s $14 billion acquisition of several care homes in the U.K. after the U.S. real estate investment trust took steps earlier in September to address the regulator's concerns.

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EU Beats Challenge To Block €1.6B Booking.com Buy

By Bryan Koenig

A European Union court refused to upend an EU decision blocking Booking.com's €1.63 billion ($1.89 billion) purchase of Swedish flight booking service eTraveli, rejecting Booking's assertions that the European Commission went against its own merger review guidelines.

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LITIGATION

Touchstone Investor Pleads Guilty To Fake Takeover Bid

By Laura Stewart Liberty

A shareholder in Touchstone Exploration Inc. pleaded guilty Thursday to fraud and forgery charges after creating a fake takeover approach for the AIM-listed energy company to artificially boost its share price, the Financial Conduct Authority said.

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LAW FIRMS IN TODAY'S NEWS

A&L Goodbody

Addleshaw Goddard

Arthur Cox

Blake Morgan LLP

Cleary Gottlieb

Dorsey & Whitney

Eversheds Sutherland

Goodwin Procter

Kirkland & Ellis

Latham & Watkins

McDermott Will & Schulte

Monckton Chambers

Paul Weiss

Reed Smith

COMPANIES IN TODAY'S NEWS

Accel Partners

Accel-KKR LLC

Airtable

Booking.com BV

Brightcove Inc.

Debenhams PLC

J O Hambro Capital Management Ltd.

KKR & Co. Inc.

London Stock Exchange Group PLC

Miro

Rothschild & Co. SCA

TMX Group Ltd.

Vimeo Inc.

Welltower Inc.

GOVERNMENT AGENCIES IN TODAY'S NEWS

Competition and Markets Authority

European Commission

European Union

European Union Intellectual Property Office

Financial Conduct Authority

General Court of the EU