Penrose Midstream Partners secures equity commitment from EIV Capital

Penrose Midstream Partners, a growth-oriented midstream company focused on acquiring, developing, operating and optimizing midstream infrastructure, yesterday announced an equity commitment by EIV Capital, and Penrose’s management. Penrose is led by Chief Executive Officer Rick Van Eyk, an industry veteran with a 20-year track record of value creation in the energy business, including leadership roles […]
Gateway First Bank to acquire Bartlesville’s Regent bank branch

Gateway First Bank plans to expand its footprint in the Bartlesville, OK, community by acquiring a banking center at 422 Dewey Avenue in downtown Bartlesville. The location is currently a branch of Regent Bank. The acquisition is subject to the receipt of all necessary regulatory approvals. The parties currently expect the transaction to close in […]
SK On signs deal with Westwater Resources to develop anode materials

SK On, a leading electric vehicle (EV) battery manufacturer, announced yesterday it has signed a joint development agreement (JDA) with U.S. graphite company Westwater Resources Inc. as part of efforts to strengthen its battery raw material supply chain in North America following the enactment of the Inflation Reduction Act (IRA). Under the agreement, the two […]
‘Souq7, The Next Breakthrough project in Jeddah, Saudi Arabia’: Ayman Al Burti of Azad Properties

A country with a population of just over 36 million, Saudi Arabia is the eighteenth largest economy in the world. With a GDP of over USD 833.54 billion, Real Estate is said to be the second-largest revenue generator. As per the 2021 reports, real estate contributed 40,000 jobs and around USD 103 billion to the […]
AccuWeather partners with The Trade Desk to provide data for relevant digital advertising

AccuWeather, a global media publisher and provider of weather forecasts and warnings in the world, today announced a first-of-its-kind partnership with one of the global advertising technology leader, The Trade Desk. Marketers and media buyers can now leverage the AccuWeather Data Suite, directly in The Trade Desk platform. The Trade Desk is the first DSP to gain […]
Trousdale Ventures strengthens Senior Team with Renowned Mobility Industry Leader

Trousdale Ventures, LLC., a leading privately-held investment firm, yesterday announced the strategic appointment of Hinrich J. Woebcken, a respected automotive and technology industry veteran, as it bolsters its senior leadership in line with the firm’s expansion. Woebcken will assume the role of General Partner at Trousdale Ventures, working closely with the firm’s mobility portfolio companies, […]
MAPay appoints Aman Quadri as Strategic Advisor

MAPay, a global healthcare fintech company revolutionizing healthcare payments and data exchange with distributed ledger and blockchain technology, announced the appointment of Aman Quadri as the firm’s new Strategic Advisor. Aman will aid the MAPay team with building out blockchain credentialing in the healthcare space, creating new strategic approaches that will provide healthcare providers, insurers and consumers seamless […]
KKR to acquire CoolIT Systems to scale operations for data center market

KKR, a leading global investment firm, and CoolIT Systems, a leading provider of scalable liquid cooling solutions for the world’s most demanding computing environments, yesterday announced the signing of a definitive agreement under which KKR will acquire CoolIT. The investment will support the Company’s ability to scale and serve its global customers across the data […]