HOUSTON, Nov. 28, 2022 /PRNewswire/ — Capstreet, a Houston-based lower middle market private equity firm, announced today that it has sold OnPoint Industrial Services (“OnPoint” or the “Company”), a specialized provider of safety, logistics and planning services designed to support complex maintenance projects in the refining and petrochemical industries, to MML Capital. Terms of the… Continue reading Capstreet Sells OnPoint, a Provider of Safety, Logistics and Planning Services to the Refining and Petrochemical Industries
Tag: Strategy
Nexgen Packaging appoints Jim Welch as CEO
Positions Nexgen well to capitalize on fast-changing market dynamics and accelerate future growth. WESTMONT, Ill., Nov. 28, 2022 /PRNewswire/ — Nexgen Packaging announces that James H. (Jim) Welch has been appointed as the new CEO of the company. A highly experienced business executive, Jim assumed his new role as CEO in October, after having served… Continue reading Nexgen Packaging appoints Jim Welch as CEO
Submarine Market to Reach $33.9 Bn, Globally, by 2031 at 4.0% CAGR: Allied Market Research
Rise in defense budget allocation toward naval activities and expansion of Chinese naval capacities have boosted the growth of the global submarine market. PORTLAND, Ore., Nov. 28, 2022 /PRNewswire/ — Allied Market Research recently published a report, titled, “Submarine Market by Type (Ballistic Missile Submarines (SSBNs), Nuclear-Powered attack submarines (SSNs), Diesel-electric attack submarines (SSKs) and others),… Continue reading Submarine Market to Reach $33.9 Bn, Globally, by 2031 at 4.0% CAGR: Allied Market Research
KBR to Upgrade, Integrate New Technology for U.S. Navy Aircraft Through $69.2M Contract Win
HOUSTON, Nov. 28, 2022 /PRNewswire/ — KBR (NYSE: KBR) announced today it has been awarded a $69.2 million task order to deliver total life cycle management of critical airborne manned reconnaissance aircraft systems for the Naval Surface Warfare Center Crane (NSWC Crane) and the Naval Air Systems Command (NAVAIR) E-2/C-2 Airborne Command and Control Program… Continue reading KBR to Upgrade, Integrate New Technology for U.S. Navy Aircraft Through $69.2M Contract Win
Highlander Partners Announces the Acquisition of Liteye Systems, a Leader in Counter-UAS Technology and Solutions
Liteye represents the first investment made in connection with High Point Aerotechnologies, a division of Highlander recently established to pursue leading technologies in the C-UAS, UAS and related defense industries DALLAS, Nov. 28, 2022 /PRNewswire/ — Highlander Partners, L.P. (“Highlander”), a leading private investment firm, recently announced the acquisition of Liteye Systems, Inc. (“Liteye” or “the… Continue reading Highlander Partners Announces the Acquisition of Liteye Systems, a Leader in Counter-UAS Technology and Solutions
KBR to Upgrade, Integrate New Technology for U.S. Navy Aircraft Through $69.2M Contract Win
HOUSTON, Nov. 28, 2022 /PRNewswire/ — KBR (NYSE: KBR) announced today it has been awarded a $69.2 million task order to deliver total life cycle management of critical airborne manned reconnaissance aircraft systems for the Naval Surface Warfare Center Crane (NSWC Crane) and the Naval Air Systems Command (NAVAIR) E-2/C-2 Airborne Command and Control Program… Continue reading KBR to Upgrade, Integrate New Technology for U.S. Navy Aircraft Through $69.2M Contract Win
Cargill-backed Proterra Asia closes Food Fund 3 at over $200mFood Fund 3 was launched in May 2019 but closed only on Oct 26, 2022.
Proterra Investment Partners’s Asian subsidiary, Proterra Asia, has closed its third food fund at over $200 million, according to a statement. The food and agribusiness-focused private equity firm drew in limited partners (LPs) from institutional investors, international and regional foundations, and family offices from Europe and Asia. The Development Bank of Japan (DBJ) also joined… Continue reading Cargill-backed Proterra Asia closes Food Fund 3 at over $200mFood Fund 3 was launched in May 2019 but closed only on Oct 26, 2022.
Škoda Auto Volkswagen India’s Aurangabad Plant switches to 100 percent green energy
Škoda Auto Volkswagen India’s Aurangabad Plant switches to 100 percent green energy Global automotive multi-brand Volkswagen Group’s Aurangabad facility has transitioned to 100 percent ‘green’ energy, well ahead of its 2025 target. With this achievement, ŠKODA AUTO Volkswagen India (SAVWIPL), which manages the Indian region of five Volkswagen Group brands – ŠKODA, Volkswagen, Audi, Porsche,… Continue reading Škoda Auto Volkswagen India’s Aurangabad Plant switches to 100 percent green energy
Singapore-based EDBI CEO Chu Swee Yeok leaving to set up new fundChu will be replaced by EDBI’s managing partner, Paul Ng.
Singapore-based EDBI’s chief executive officer and president, Chu Swee Yeok, is leaving the venture capital firm to start a new fund, according to a statement on Monday. Chu will be replaced by EDBI’s managing partner, Paul Ng, a longtime senior executive who has led investments in information and communications technology (ICT) globally and held leadership… Continue reading Singapore-based EDBI CEO Chu Swee Yeok leaving to set up new fundChu will be replaced by EDBI’s managing partner, Paul Ng.
@VW Group: Porsche fights for the manufacturer’s and driver’s titles at the season finale006222
The race In the GTE-Am class, the two Porsche 911 RSR fielded by Project 1 set the benchmark. The German customer team celebrated a one-two victory at the eight-hour race. At the end of a decade of factory racing in the FIA World Endurance Championship WEC, the Porsche GT Team showed an impressive fighting spirit.… Continue reading @VW Group: Porsche fights for the manufacturer’s and driver’s titles at the season finale006222