Singapore-based Azalea Investment Management has secured the final closes of two funds—Altrium Co-Invest Fund I (ACF I) and Altrium Growth Fund I (AGF I)—raising a combined $480 million. Both the funds surpassed their target of $200 million each. According to an announcement on Oct. 1, ACF I received $268 million and AGF I closed with… Continue reading Singapore’s Azalea closes two funds above target raising a combined $480mACF I and AGF I closed at $268m and $212m, respectively.
Tag: M and A
RECORD-BREAKING SEPTEMBER FOR KIA AMERICA’S ALL-ELECTRIC AND PLUG-IN HYBRID MODELS
Kia’s EV and PHEV models each set new September sales records, increasing 43- and 11-percent, respectively, over the same period last year Sportage, Forte, Carnival and Seltos achieve the best-ever year-to-date September sales IRVINE, Calif., Oct. 1, 2024 /PRNewswire/ — Kia America closed September with sales of 58,913 units led by significant gains and record-setting sales… Continue reading RECORD-BREAKING SEPTEMBER FOR KIA AMERICA’S ALL-ELECTRIC AND PLUG-IN HYBRID MODELS
TaylorMade Golf Reduces Label Files & Increases Labeling Accuracy with TEKLYNX
AUCH, France, Oct. 1, 2024 /PRNewswire/ — TEKLYNX International, known globally for helping companies barcode better with their labeling software and industry-leading customer support, today released a case study highlighting how their label design and print automation solutions, CODESOFT and SENTINEL, helped TaylorMade Golf replace label files with smart label templates and increase labeling accuracy to… Continue reading TaylorMade Golf Reduces Label Files & Increases Labeling Accuracy with TEKLYNX
Thoma Bravo to Acquire Majority Stake in USU Product Business
– Thoma Bravo and USU Software AG invest to accelerate growth and product innovation to support leading pan-European provider for IT management solutions– Benjamin Strehl to lead USU’s Product Business at USU GmbH as CEO together with existing management– Transaction marks Thoma Bravo’s second investment in Germany within one year, reaffirming the firm’s commitment to… Continue reading Thoma Bravo to Acquire Majority Stake in USU Product Business
Concentric closes GO Engineering acquisition
REDDITCH, England, Oct. 1, 2024 /PRNewswire/ — Pursuant to the announcement on September 18, 2024, Concentric AB (“Concentric”) today announces the completion of the acquisition of G.O. ENGINEERING Gesellschaft zur Entwicklung von Hard- und Software GmbH (“GO Engineering”). The acquisition of GO Engineering’s associated entity ÖkoGW Verwaltungs- und Vermietungs GmbH & Co. KG will be completed at… Continue reading Concentric closes GO Engineering acquisition
Romance in Every Sunset (La romance dans chaque coucher de soleil) : Le Salinda Luxury Boutique Resort de Phu Quoc redéfinit les escapades amoureuses
PHU QUOC, Vietnam, 1er octobre 2024 /PRNewswire/ — Récemment nommé l’un des Top 5 Best Luxury Romantic Beach Resorts in Vietnam 2024 par Luxury Lifestyle Award, Salinda Resort Phu Quoc Island est plus qu’une simple évasion tropicale – c’est un sanctuaire romantique. Connu pour son atmosphère intime, son cadre naturel serein et son souci de personnalisation,… Continue reading Romance in Every Sunset (La romance dans chaque coucher de soleil) : Le Salinda Luxury Boutique Resort de Phu Quoc redéfinit les escapades amoureuses
Breaking barriers in Operational Technology: Meet Treon Connect
TAMPERE, Finland, Oct. 1, 2024 /PRNewswire/ — Treon, a leader in IoT technology launches Treon Connect, a platform designed to tackle challenges in operational technology (OT). Founded by innovators with a background in ‘connecting people,’ Treon has evolved to focus on connecting operations, leveraging its expertise in IoT and data acquisition. Despite industrial digitalization progress,… Continue reading Breaking barriers in Operational Technology: Meet Treon Connect
Breaking barriers in Operational Technology: Meet Treon Connect
TAMPERE, Finland, Oct. 1, 2024 /PRNewswire/ — Treon, a leader in IoT technology launches Treon Connect, a platform designed to tackle challenges in operational technology (OT). Founded by innovators with a background in ‘connecting people,’ Treon has evolved to focus on connecting operations, leveraging its expertise in IoT and data acquisition. Despite industrial digitalization progress,… Continue reading Breaking barriers in Operational Technology: Meet Treon Connect
Group 1 Automotive Appoints Mark Raban as CEO of U.K. Operations
HOUSTON and LONDON, Oct. 1, 2024 /PRNewswire/ — Group 1 Automotive, Inc. (NYSE: GPI) (“Group 1” or the “Company”), a Fortune 250 automotive retailer with 260 dealerships located in the U.S. and U.K., announced the appointment of Mark Raban as Chief Executive Officer (“CEO”) of Group 1 Automotive U.K. Raban brings more than 20 years of… Continue reading Group 1 Automotive Appoints Mark Raban as CEO of U.K. Operations
Masdar Accelerates U.S. Renewables Expansion, Closes Acquisition of 50% Stake in Terra-Gen
Masdar’s joint ownership of Terra-Gen demonstrates long-term commitment to investing in and supporting U.S. energy transition Terra-Gen’s gross operating portfolio comprises 3.8GW of wind, solar and battery storage projects, including 5.1GWh of energy storage facilities across 30 renewable power sites Terra-Gen’s 12GW+ pipeline includes new windfarm and new solar park to start commercial operations in 2025 ABU… Continue reading Masdar Accelerates U.S. Renewables Expansion, Closes Acquisition of 50% Stake in Terra-Gen