IFS surpasses €1 billion ARR reinforcing the company’s position as the global leader in Industrial AI LONDON, Jan. 23, 2025 /PRNewswire/ — IFS, the leading provider of enterprise cloud and Industrial AI software, today announces its strongest ever financial performance, for the year ending December 31, 2024. Sustained organic global growth fueled by demand for… Continue reading IFS announces outstanding 2024 financial results driven by increase in demand for Industrial AI
Tag: Morgan
IFS announces outstanding 2024 financial results driven by increase in demand for Industrial AI
IFS surpasses €1 billion ARR reinforcing the company’s position as the global leader in Industrial AI LONDON, Jan. 23, 2025 /PRNewswire/ — IFS, the leading provider of enterprise cloud and Industrial AI software, today announces its strongest ever financial performance, for the year ending December 31, 2024. Sustained organic global growth fueled by demand for… Continue reading IFS announces outstanding 2024 financial results driven by increase in demand for Industrial AI
Goldman Sachs Starts Process of Replacing Bankers With AI
Global investment firm Goldman Sachs is ready to start replacing its employees with AI. The company announced that it’s rolled out a “GS AI assistant” to around 10,000 employees as part of its longer-term effort to introduce AI-powered “employees,” as CNBC reports. Goldman chief information officer Marco Argenti told the broadcaster that the AI assistant will… Continue reading Goldman Sachs Starts Process of Replacing Bankers With AI
Newmark Arranges $2.3 Billion Construction Financing for 206 MW Build-to-Suit Data Center
NEW YORK, Jan. 22, 2025 /PRNewswire/ — Newmark Group, Inc. (Nasdaq: NMRK) (“Newmark” or “the Company”), a leading commercial real estate advisor and service provider to large institutional investors, global corporations, and other owners and occupiers, announces the firm has arranged a $2.3 billion loan to capitalize a 206 megawatt (MW), Build-to-Suit data center development… Continue reading Newmark Arranges $2.3 Billion Construction Financing for 206 MW Build-to-Suit Data Center
Whinfell to offer up to $5B of bespoke asset capacity onto Plume, starting with Carlyle, Pimco and Simplify ETFs in Nest’s flagship staking vault
NEW YORK, Jan. 22, 2025 /PRNewswire/ — Plume Network, the first full-stack L1 RWA Chain for RWAfi (Real World Asset Finance), today announced its partnership with Whinfell Partners LLC (“Whinfell”) to introduce a range of institutional-grade credit instruments and diversified yield-bearing assets to its ecosystem. Leveraging Plume’s flagship staking protocol Nest, Whinfell will bring sophisticated… Continue reading Whinfell to offer up to $5B of bespoke asset capacity onto Plume, starting with Carlyle, Pimco and Simplify ETFs in Nest’s flagship staking vault
Databricks Receives USD5.25 Billion Credit Facility; Closes $15B Series J Financing
Databricks, a San Francisco, CA-based data and AI company, received a USD5.25 billion credity facility and closed its Series J funding. The credit facility, led by JPMorgan Chase alongside Barclays, Citi, Goldman Sachs, and Morgan Stanley, included a $2.5 billion unfunded revolver and a $2.75 billion term loan. It added to the previously announced $10 Billion in equity financing. Existing investor… Continue reading Databricks Receives USD5.25 Billion Credit Facility; Closes $15B Series J Financing
Scott Poore Named Chief Investment Officer of Kingswood Wealth Advisors
Poore to continue overseeing the rebranded Kingswood Eudaimonia Asset Platform, a TAMP that provides advisors access to strategic and customized portfolios NEW YORK, Jan. 22, 2025 /PRNewswire/ — Kingswood U.S., part of a network of independent wealth management firms that oversees more than $15 billion in client assets globally, today announced that Scott Poore, AIF®,… Continue reading Scott Poore Named Chief Investment Officer of Kingswood Wealth Advisors
MPE Partners Announces Investment in SKB Cases
CLEVELAND and BOSTON, Jan. 21, 2025 /PRNewswire/ — MPE Partners (“MPE” or “Morgenthaler Private Equity”) announced today an investment in SKB Cases (“SKB” or the “Company”), a leading manufacturer of specialty protective cases. SKB serves over 2,000 customers across the military & industrial, music & pro AV, and sports end markets. MPE’s investment positions SKB for… Continue reading MPE Partners Announces Investment in SKB Cases
SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Celsius Holdings, Inc. of Class Action Lawsuit and Upcoming Deadlines – CELH
NEW YORK, Jan. 21, 2025 /PRNewswire/ — Pomerantz LLP announces that a class action lawsuit has been filed against Celsius Holdings, Inc. (“Celsius” or the “Company”) (NASDAQ: CELH). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number,… Continue reading SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Celsius Holdings, Inc. of Class Action Lawsuit and Upcoming Deadlines – CELH
Avianca Group Announces Supplement to Exchange Offer and Consent Solicitation Memorandum relating to the Exchange Offer for Any and All of its 9.000% Tranche A-1 Senior Secured Notes due 2028 and Related Consent Solicitation
BOGOTA, Colombia, Jan. 21, 2025 /PRNewswire/ — Avianca Group International Limited (“Avianca Group”) today announced that its subsidiary Avianca Midco 2 PLC (the “Company”) has supplemented and amended the Exchange Offer and Consent Solicitation Memorandum dated January 14, 2025, (the “Original Exchange Offer and Consent Solicitation Memorandum”) with respect to the previously announced (i) offer… Continue reading Avianca Group Announces Supplement to Exchange Offer and Consent Solicitation Memorandum relating to the Exchange Offer for Any and All of its 9.000% Tranche A-1 Senior Secured Notes due 2028 and Related Consent Solicitation