NEW YORK, Feb. 6, 2025 /PRNewswire/ — A fund managed by BPGC Management LP (“BPG”) announced today that it has acquired a controlling, substantial majority stake in PB Materials Holdings, Inc. (“PBM” or the “Company”), a leading producer of construction aggregates and ready-mix concrete in the Permian Basin region, from certain funds managed by WL… Continue reading BPGC Management LP buys controlling stake in PB Materials
Tag: M and A
Tastemade and Ole Interactive Announce New Joint Venture: Tastemade Latin America
The New Entity Will Capitalize on Streaming Growth in Spanish and Portuguese-Speaking Markets Across Latin America LOS ANGELES and MIAMI, Feb. 6, 2025 /PRNewswire/ — Today, independent media company, Tastemade, and Ole Interactive, a digital business unit founded by Latin American pay-TV industry pioneer, Ole Communications, announced the formation of a new joint venture: Tastemade Latin America. The… Continue reading Tastemade and Ole Interactive Announce New Joint Venture: Tastemade Latin America
TIGRIS Completes Transformational Merger with Aquagenix, Strengthening Leadership in Aquatic Management
BORDENTOWN, N.J., Feb. 6, 2025 /PRNewswire/ — TIGRIS Aquatic Services, LLC., the premier provider of stormwater management services in the United States, announced today its merger with Aquagenix, a Florida-based leader in lake and pond management and stormwater services. This strategic combination marks TIGRIS’ largest acquisition to date and significantly expands its reach and capabilities across… Continue reading TIGRIS Completes Transformational Merger with Aquagenix, Strengthening Leadership in Aquatic Management
Nissan preparing to pull out of merger talks with Honda
Nissan is said to be considering a partnership with a tech firm rather than another carmaker after merger talks with Honda and Mitsubishi stalled. Photograph: Tingshu Wang/Reuters View image in fullscreen Nissan is said to be considering a partnership with a tech firm rather than another carmaker after merger talks with Honda and Mitsubishi stalled.… Continue reading Nissan preparing to pull out of merger talks with Honda
Pomelo Launches First-Ever Rewards Program for International Money Transfer
SAN FRANCISCO, Feb. 6, 2025 /PRNewswire/ — Pomelo, the first company to combine consumer credit with international money transfer, has released Pomelo Points, the industry’s first points program for sending money overseas. “Today marks another industry first – we’re introducing the only points program in remittance,” said Eric Velasquez Frenkiel, founder and CEO of Pomelo. “By… Continue reading Pomelo Launches First-Ever Rewards Program for International Money Transfer
BorgWarner Supplies Variable Cam Timing Technology for Major East Asian OEM’s Hybrid and Gasoline Engines
Optimized valve timing improves fuel economy and power output Advanced technology meets Tier 4 North American emission standards Strengthens long-term relationship between BorgWarner and major East Asian OEM AUBURN HILLS, Mich., Feb. 6, 2025 /PRNewswire/ — BorgWarner enhances its long-standing partnership with a major East Asian OEM by supplying its state-of-the-art Variable Cam Timing (VCT)… Continue reading BorgWarner Supplies Variable Cam Timing Technology for Major East Asian OEM’s Hybrid and Gasoline Engines
Lyft’s new AI customer assistant is powered by Anthropic’s Claude
Ride-hail giant Lyft has partnered with AI startup Anthropic to build an AI assistant that handles initial intake for customer service inquiries for both riders and drivers. It’s the first phase of a broader collaboration between the two companies to use Anthropic’s services to research and test new Lyft products and build software internally. The… Continue reading Lyft’s new AI customer assistant is powered by Anthropic’s Claude
WallachBeth Announces Pricing Of FBS Global Initial Public Offering
JERSEY CITY, N.J., Feb. 6, 2025 /PRNewswire/ — WallachBeth Capital LLC, a leading provider of capital markets and institutional execution services, announced today that FBS Global Limited (“FBS Global” or the “Company”),(NASDAQ: FBGL) a green building contractor with award-winning projects using green construction methods and sustainably-source and environmentally responsible materials based in Singapore, announced the… Continue reading WallachBeth Announces Pricing Of FBS Global Initial Public Offering
THC Drinks “Buzz” Gets Spicier with Entry of Health Advance Social Equity Partnership
Contract Packaging and Distribution Planning Begins with Southern Glazer’s LOS ANGELES, Feb. 6, 2025 /PRNewswire/ — Health Advance Inc (OTC: HADV) www.HealthAdvanceGroup.com and strategic partner SoEquity Corporation www.SoEquityCorporation.com have commenced business planning with Southern Glazer’s, www.SouthernGlazers.com for the partners’ hemp derived CBD infused beverage ambitions. Southern Glazer’s is a premier distributor of wines, spirits, beer, and non-alcoholic products in America. Plans also include national distributors… Continue reading THC Drinks “Buzz” Gets Spicier with Entry of Health Advance Social Equity Partnership
Veteran Team Launches Ikaria Capital Group to Finance Senior Care Sector
CLEVELAND, Feb. 6, 2025 /PRNewswire/ — Ikaria Capital Group, led by Jason Dopoulos and Ken Gould, formerly with White Oak Healthcare Partners and Lancaster Pollard (sold to Orix USA in 2017), is proud to officially announce its launch. Headquartered in Cleveland, Ohio, Ikaria Capital Group specializes in financing skilled nursing and senior housing facilities. Ikaria… Continue reading Veteran Team Launches Ikaria Capital Group to Finance Senior Care Sector