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
Tag: Strategy
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
China Automotive Industry Outlook Report 2023: Domestic Brands Gain Market Share Across Vehicle and Powertrain Segments as Electrification and Cross-Industry Partnerships Intensify
DUBLIN, May 16, 2023 /PRNewswire/ — The “China Automotive Outlook 2023” report has been added to ResearchAndMarkets.com’s offering. This study assesses the automotive market in China, focusing on the passenger vehicle (PV) market. Within this, the publisher will also discuss electric vehicles (EVs), charging, and battery swapping. China’s automotive market has proliferated, particularly after the… Continue reading China Automotive Industry Outlook Report 2023: Domestic Brands Gain Market Share Across Vehicle and Powertrain Segments as Electrification and Cross-Industry Partnerships Intensify
@BMW: More Power To You: BMW of North America and PG&E Start V2X Testing in California002719
Mountain View, CA – May 16, 2023… As electric vehicles (EVs) become more prevalent, with approximately 40% of all EVs in the United States driving on California roads, BMW of North America (BMW) and Pacific Gas and Electric Company (PG&E) are collaborating to test how vehicle-to-everything (V2X) technology can serve as a solution to offset… Continue reading @BMW: More Power To You: BMW of North America and PG&E Start V2X Testing in California002719
TRAVEL COUNSELLORS (the “Company”) Record annual results with Total Transaction Value and Revenue each up more than 300% year-on-year
Very strong momentum has continued into the current year with trading in H1 up 64% on pre-pandemic levels as the business accelerates towards delivering £1bn+ of platform sales in FY23 MANCHESTER, England, May 16, 2023 /PRNewswire/ — Travel Counsellors, the UK’s largest and fast-growing technology platform for travel entrepreneurs, is pleased to announce its Annual Results for the… Continue reading TRAVEL COUNSELLORS (the “Company”) Record annual results with Total Transaction Value and Revenue each up more than 300% year-on-year
Bestfly Chairman & Group CEO Nuno Pereira Announces Renewed Board and Leadership Structure, Building on Bestfly’s Continuing Growth
Sameer Adam joins Bestfly Aviation Group as Executive Board Director Stephan Krainer named Executive Board Director ORANJESTAD, Aruba, May 16, 2023 /PRNewswire/ — Earlier today, Bestfly announced a change in its board and leadership structure by appointing Sameer Adam and Stephan Krainer as Executive Board Directors to support the company’s strong growth and expand the… Continue reading Bestfly Chairman & Group CEO Nuno Pereira Announces Renewed Board and Leadership Structure, Building on Bestfly’s Continuing Growth
AUTOHAUS E-Marketing Day 2023: Strategy is everything
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Zoomlion Empowers Product and Market Development with Glocalization Strategy
CHANGSHA, China, May 15, 2023 /PRNewswire/ — Zoomlion Heavy Industry Science & Technology Co., Ltd. (“Zoomlion”) shared the milestone achievements of their Glocalization strategy and future roadmap with its global partners and customers at its technological achievements exhibition themed “Technology Salute to the New Era” from May 11 to 14. Continue Reading About 500 Zoomlion’s international… Continue reading Zoomlion Empowers Product and Market Development with Glocalization Strategy
Abu Dhabi Terminals celebrates milestone achievements – recording 10 million man hours without LTI and handling 20 million TEU since inception
ABU DHABI, UAE, May 15, 2023 /PRNewswire/ — Abu Dhabi Terminals (ADT) has announced that it has set a record by exceeding 10 million man-hours without Lost Time Injury (LTI) and by handling 20 million twenty-foot equivalent units (TEU) containers. These achievements represent major milestones for ADT since inception. Recording more than 10 million man-hours… Continue reading Abu Dhabi Terminals celebrates milestone achievements – recording 10 million man hours without LTI and handling 20 million TEU since inception