Pharmanovia acquires Global CNS Portfolio From Sanofi
Pharmanovia, a global pharmaceutical company that commercialises novel medicines and revitalises, extends and expands the lifecycle of established medicines, recently announced the expansion of its neurology portfolio with the acquisition of 11 central nervous system (CNS) brands from global healthcare company, Sanofi. The brands span four therapy areas of ongoing unmet need associated with CNS […]
Fluke Corp. announces acquisition of Solmetric
Fluke Corp, a wholly owned subsidiary of Fortive Corporation and a global leader in test and measurement instruments, has acquired California-based Solmetric, a market leader in high precision, solar test, and measurement products. The announcement reinforces Fluke’s strategic commitment to investing in the electrification of the world on a global scale, while continuing to bring innovative […]
Wego moves into business travel by acquiring Travelstop
Wego, an online travel marketplace in the Middle East and North Africa (MENA) acquired Travelstop, a revolutionary platform that simplifies business travel and expense management for companies globally. This strategic move will expand Wego’s reach into business travel and expense management. The acquisition will also empower Travelstop to tap into Wego’s regional network and leverage its deep understanding of […]
June announces EBITDA Profitability at USD 54Mln Revenue Scale
June, a proptech company improving the rental experience for both tenants and landlords, yesterday announced that it is among the first venture-backed real estate operators to achieve EBITDA profitability. The company became profitable with annualized revenues surpassing $54 million while sustaining an impressive growth rate of more than 60% year-over-year. The company also announced that […]
Alchemy announces the acquisition of numobile
Alchemy, a global leader in the circular technology market, has acquired the Australian mobile virtual network operator (MVNO) and Device-as-a-Service (DaaS) fintech numobile for an undisclosed amount. The acquisition marks the next step in Alchemy’s mission to expand its innovative range of services for the circular technology market. numobile was founded on a simple mission to give […]
Relation Insurance Services announces major appointments
Relation Insurance Services, a fastest-growing national insurance brokerages, yesterday announced that Chief Revenue Officer Russell Brown has been appointed President and that Chief Accounting Officer Charissa Hartmann has been appointed Chief Financial Officer. A seasoned insurance brokerage executive, Brown has led Relation’s national sales and service functions as the firm’s Chief Revenue Officer over the […]
Hestia Venture Partners acquires Davis Research Station, an Ag Tech Property
Hestia Venture Partners, a venture firm investing at the intersection of prop-tech and climate tech and targeted real estate assets, announced the acquisition of Davis Research Station, an ag-tech research facility in Davis, CA. The 40-acre property encompasses office, lab and greenhouse space, plus significant acreage for row crops. The facility sits adjacent to the University of California, […]
PAG to acquire Australian Venue Co from KKR
Global investment firm KKR and PAG, a leading alternative investment firm focused on Asia Pacific, recently announced the signing of definitive agreements under which PAG will acquire KKR’s controlling interest in Australian Venue Co (“AVC”). Financial terms of the transaction were not disclosed. AVC is an established food and beverage hospitality business that owns and […]
Insigneo to acquire PNC’s Latin American Brokerage and Investment Operations
Insigneo, a global wealth management firm, announced that Insigneo Securities, LLC and Insigneo Advisory Services, LLC have entered into a definitive agreement to acquire the Latin American consumer brokerage and investment accounts of PNC Investments, PNC Managed Account Solutions, and PNC Bank. PNC will retain the deposit and loan accounts of customers with brokerage assets […]
Juniper Group acquires Vervotech
Juniper Group announced the successful acquisition of Vervotech, a tech start-up making significant strides in the Travel Industry with innovative products, particularly hotel mapping and room mapping solutions. Vervotech’s flagship product, Vervotech Mappings, has gained widespread recognition in the travel sector for its ability to ensure consistency and accuracy in hotel data. This strategic addition […]
