Semrush appoints two board of directors and a new chief financial officer
Semrush, a leading online visibility management SaaS platform, has appointed Anna Baird and Steven Aldrich to its board as independent, non-executive directors, and Brian Mulroy as incoming Chief Financial Officer (CFO). Ms. Baird brings more than 30 years of experience working with Silicon Valley companies to scale teams and enable growth. She was a partner […]
Valvoline announces completion of the sales of global products business
Valvoline Inc., a trusted leader in preventive automotive maintenance delivering quick and convenient service, recently announced that it has completed the previously announced sale of its Global Products business to Aramco. The purchase price is USD 2.65 billion in cash, subject to certain customary adjustments. “It is a historic day for our 157-year-old brand. With the sale […]
Platinum Equity appoints two Co-Presidents
Platinum Equity announced recently that veteran dealmakers Jacob Kotzubei and Louis Samson have been appointed co-presidents of the global investment firm. The two will continue to report to Platinum’s Founder and CEO Tom Gores. Mr. Kotzubei and Mr. Samson, each with more than 25 years of M&A experience, are currently partners and members of the […]
The Dubai Supply Authority and Excelerate Energy extends their time charter agreement
Excelerate Energy, Inc., announced recently the extension of its Time Charter Agreement with Dubai Supply Authority (“DUSUP”) for the FSRU Explorer. Prior to this agreement, the FSRU Explorer had a remaining firm charter period of approximately three years. Under the terms of the new agreement, the time charter period will be extended by an additional five years from […]
Lucid Motors opens its first workshop in Oslo
Lucid Group, Inc., which sets new standards with the longest-range, fastest-charging electric car on the market, recently announced the opening of its new location European sales outlet in Oslo, Norway. The one in Oslo is the fourth point of sale in Europe and will open its doors to the public on Saturday, March 4. The studio opening will be attended […]
Etihad Airways Engineering partners with Ramco Systems
Etihad Airways Engineering, one of the world’s leading providers of aircraft maintenance and engineering solutions, has partnered with global enterprise aviation software provider Ramco Systems to implement their Aviation Suite V5.9 . The project was officially announced at the 2023 MRO Middle East, held at the Dubai World Trade Centre, Dubai. With modules covering contract and quote management, maintenance planning, […]
Saturna SDN BHD initiates cutting-edge digital platform
Saturna Sdn Bhd, a leading shariah-compliant financial services firm, recently launched its digital platform as officially to help investors grow their wealth ethically and securely. The online tool enables individuals to begin their investment journey in just a few clicks, with the guidance of Saturna’s deep expertise in the world of Islamic finance. Unlike other […]
Hoffmaster Group, Inc. completes acquisition on Paterson Pacific Parchment Company
HoffmasterGroup, Inc., a leading U.S. manufacturer of premium disposable tableware, announces today the acquisition of Paterson Pacific Parchment Company (“Paterson” or “Paterson Paper”), a premier producer of foodservice paper and parchment products. Hoffmaster will assume operations for Paterson as part of its family of production facilities. Specializing in print and converting paper products and located […]
Radius to be Acquired by EQT Active Core Infrastructure
Radius Global Infrastructure, Inc., EQT and Public Sector Pension Investment Board (“PSP”) announced recently that they have entered into a definitive agreement under which EQT Active Core Infrastructure and PSP will indirectly acquire Radius for $15.00 per share in cash, representing a total enterprise value of approximately $3.0 billion. Radius is a leading global aggregator of real property interests underlying […]
Vertiv releases Vertiv XR app for immersive product exploration
Vertiv, a global provider of critical digital infrastructure and continuity solutions, today announced the release of the Vertiv XR app, a first-of-its-kind tool in the data center space that allows data center operators, IT managers and channel partners to visualize Vertiv products in the location they would occupy in any given facility. The virtual representation […]
