Apax Funds make approximately $450m investment in travel tech company IBS Software

DUBAI, UAE, May 15, 2023 /PRNewswire/ — Funds advised by Apax Partners LLP (“Apax”) announced today that they have reached a definitive agreement to invest approximately $450m to acquire a significant minority stake in IBS Software, a leading provider of modern Software-as-a-Service (SaaS) solutions to the global travel and logistics industry, from Blackstone. Following the transaction,… Continue reading Apax Funds make approximately $450m investment in travel tech company IBS Software

Shanghai Jing’an hosts cultural events to show charm of coffee, jazz and drama

SHANGHAI, May 15, 2023 /PRNewswire/ — The JZ Festival Shanghai, the Shanghai Jing’an Modern Drama Valley and the Shanghai Jing’an World Coffee Cultural Festival have been held in Shanghai’s Jing’an District recently, creating a row of cultural wave, according to Jing’an Cultural and Tourism Bureau. From the fashionable Nanjing Road in Shanghai to the quietly flowing Suhe Bay, in… Continue reading Shanghai Jing’an hosts cultural events to show charm of coffee, jazz and drama

Xinhua Silk Road: E. China’s Longkou continues promoting development of marine engineering equipment manufacturing industry

BEIJING, May 15, 2023 /PRNewswire/ — Recently, China’s second offshore mobile self-installing wellhead oil platform has set sail from CIMC Raffles Longkou construction base in Longkou City, east China’s Shandong Province, to Beibu Gulf. The CIMC Raffles Longkou construction base, a leader in the marine engineering equipment manufacturing industry in Longkou, has been actively promoting its… Continue reading Xinhua Silk Road: E. China’s Longkou continues promoting development of marine engineering equipment manufacturing industry

OptiGroup successfully raises EUR 100 million additional debt from leading investors

GÖTEBORG, Sweden, May 15, 2023 /PRNewswire/ — OptiGroup has raised EUR 100 million via a first lien term loan tap issue in a private transaction in addition to its current EUR 425m first lien and EUR 200m second lien debt financing. Leading international and Nordic institutions participated, and the transaction was oversubscribed. The strong interest… Continue reading OptiGroup successfully raises EUR 100 million additional debt from leading investors

TVM Capital Healthcare opens office in Riyadh, Saudi Arabia

DUBAI, UAE and RIYADH, Saudi Arabia, May 15, 2023 /PRNewswire/ — TVM Capital Healthcare, a global specialist healthcare private equity  firm operating in emerging markets, announced today the opening of a new office in the capital of the Kingdom of Saudi Arabia. The purpose of the new office is to advise the group and its portfolio… Continue reading TVM Capital Healthcare opens office in Riyadh, Saudi Arabia

Accor and Erth Real Estate announce three new luxury hotels as centrepiece of multi-branded luxury hospitality community in Riyadh

RAFFLES RIYADH, MGALLERY RESORT RIYADH, AND SOFITEL EXTENDED STAY AT AL YASMIN DISTRICT RIYADH, Saudi Arabia, May 15, 2023 /PRNewswire/ — Accor, a world-leading hospitality group, in partnership with Erth Real Estate Company, today announced that it will open three new hotels in Riyadh, Kingdom of Saudi Arabia, as part of a new master planned… Continue reading Accor and Erth Real Estate announce three new luxury hotels as centrepiece of multi-branded luxury hospitality community in Riyadh

Bestfly Vorsitzender & Group CEO Nuno Pereira kündigt eine erneuerte Vorstands- und Führungsstruktur an, die auf dem kontinuierlichen Wachstum von Bestfly aufbaut

Sameer Adam tritt der Bestfly Aviation Group als Vorstandsmitglied bei Stephan Krainer zum Exekutiv-Direktor des Vorstands ernannt ORANJESTAD, Aruba, 16. Mai 2023 /PRNewswire/ — Heute gab Bestfly eine Veränderung in seiner Vorstands- und Führungsstruktur bekannt, indem Sameer Adam und Stephan Krainer zu Vorstandsmitgliedern ernannt wurden, um das starke Wachstum des Unternehmens zu unterstützen und die… Continue reading Bestfly Vorsitzender & Group CEO Nuno Pereira kündigt eine erneuerte Vorstands- und Führungsstruktur an, die auf dem kontinuierlichen Wachstum von Bestfly aufbaut

nShift Checkout bidrar til at butikkene og kundene kan gjøre bærekraftige valg gjennom Positive Impact Delivery

Samarbeidet med allcolibri gjør det enkelt for nettbutikker å gjøre leveringene bærekraftige. LONDON, 16. mai 2023 /PRNewswire/ — nShift, den verdensledende aktøren innen programvare for leveringshåndtering og forsendelser, lanserer i dag nye funksjoner i Checkout som bidrar til at butikkene og kundene kan støtte formål de bryr seg om. Gjennom funksjonen Positive Impact Delivery kan nettbutikkene sette… Continue reading nShift Checkout bidrar til at butikkene og kundene kan gjøre bærekraftige valg gjennom Positive Impact Delivery

Pyramid Global Hospitality Announces Addition to Management Portfolio

Famed Newport Hotel to join Pyramid’s Benchmark Luxury & Lifestyle Collection BOSTON and THE WOODLANDS, Texas, May 16, 2023 /PRNewswire/ — Pyramid Global Hospitality – the powerhouse hospitality company behind inspired collections like Benchmark Pyramid Luxury & Lifestyle and Hamilton Pyramid Europe – is pleased to announce the Wayfinder Newport hotel in Newport, Rhode Island, as… Continue reading Pyramid Global Hospitality Announces Addition to Management Portfolio

nShift Checkout hjälper handlare och kunder att hjälpa vår planet med Positive Impact Delivery

Genom att samarbeta med allcolibri är det enkelt för e-handelsföretag att bygga in hållbarhet i leveranserna. LONDON, 16 maj, 2023 /PRNewswire/ — nShift, världsledande inom hantering av paketleveranser och programvara för leveranser, presenterar idag nya funktioner i Checkout för att hjälpa handlare och kunder att stödja de ändamål de brinner för. Med den nya funktionen Positive… Continue reading nShift Checkout hjälper handlare och kunder att hjälpa vår planet med Positive Impact Delivery