The DDC Group welcomes WNS’ Nimesh Akhauri as New Group CEO
The DDC Group, a pioneer in data solutions and leading provider in business process outsourcing (BPO) and technology, announced the appointment of Nimesh Akhauri as its new Group Chief Executive Officer (CEO), effective May 1, 2024. Group CEO predecessor and Co-founder Jan Trevalyan, who has stood at the helm for the past 35 years, will assume […]
Travel + Leisure Co. and Allegiant sign a multi-year marketing agreement
Travel + Leisure Co. and Allegiant announced a multi-year marketing agreement, allowing both companies to grow their customer engagement through cross-company promotion. The two travel companies will share promotional offerings to each other’s customers, providing offers to a broad spectrum of travelers. Allegiant, with more than 15 million Allways Rewards members, and Travel + Leisure Co., with more […]
Newmont welcomes Francois Hardy as CTO
Newmont Corporation announced the appointment of Francois Hardy as Chief Technology Officer (CTO). Francois will join Newmont’s Executive Leadership Team and lead the technical work across the business to improve operational performance and drive growth. Francois will take over from interim CTO, Dean Gehring, who also served in a dual role as Newmont’s Chief Integration Officer. After a period […]
Front appoints Dan O’Connell as CEO
Front, the modern customer service platform, yesterday announced that co-founder Mathilde Collin is stepping into the role of Executive Chair of Front and has appointed Dan O’Connell to take on the role of Chief Executive Officer to drive Front’s next phase of growth. “Front started as a team inbox, and has now evolved into a […]
Shield AI announces Series F funding round
Shield AI, the defense technology company building the world’s best AI pilot for aircraft, recently announced the expansion of their Series F funding round to a total of $500 million. An additional $100M in equity, raised at the Series F price, and $200M in debt from Hercules Capital were added to the initial $200M in equity closed in November. “AI pilots are becoming a […]
Taulia extends partnership with Optima ECM Consulting
Taulia, a leading provider of working capital management solutions, has partnered with Optima ECM Consulting, a global implementation organization, to collaborate across their respective customer and prospect bases. This partnership will combine Taulia’s suite of products, which is fully integrated with SAP Business Network, with the strength of Optima’s global brand. In turn, this will […]
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 […]
CAF Capital Partners adds Jason Geer as SVP of acquisitions
CAF Capital Partners, a Dallas-based private equity real estate firm, announced the addition of Jason Geer as Senior Vice President of Acquisitions. Prior to joining CAF Capital Partners, Geer spent more than 25 years with Invesco Real Estate. CAF Capital Partners is a Dallas-based private equity real estate firm, specializing in the acquisition, redevelopment, re-positioning […]
TA and Warburg Pincus acquire majority stakes Epassi Group From Bregal Milestone
Funds advised by TA Associates and Warburg Pincus LLC, two leading global private equity firms focused on growth investing, have acquired a majority stake in Epassi Group from majority shareholder Bregal Milestone, a leading technology growth private equity firm. As part of the transaction, Epassi’s founder Risto Virkkala will remain invested in the next stage […]
AXA signed a purchase agreement of Laya Healthcare from Corebridge
Corebridge Financial, Inc. today announced that it has entered into a definitive agreement to sell its subsidiary, Laya Healthcare Limited (“laya healthcare”), to AXA for a total consideration of €650 million in cash. The sale of laya healthcare is expected to close in the fourth quarter of 2023, subject to regulatory approvals and other customary […]