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Blackstone Announces Agreement to Acquire AirTrunk in a A$24B Transaction

Lastest from Businesswire - Wed, 09/04/2024 - 06:18
SYDNEY--(BUSINESS WIRE)--Funds managed by Blackstone Real Estate Partners, Blackstone Infrastructure Partners, Blackstone Tactical Opportunities, and Blackstone’s private equity strategy for individual investors, along with the Canada Pension Plan Investment Board (“CPP Investments”), have entered into a definitive agreement to acquire AirTrunk, the leading Asia Pacific data center platform, from Macquarie Asset Management and the Public Sector Pension Investment Board, for an implied enterpris

Prince Industries, a HCPI Portfolio Company, Further Expands Its Aerospace and Defense Capabilities With Acquisition of Keystone Precision & Engineering

Lastest from Businesswire - Wed, 09/04/2024 - 06:18
CHICAGO--(BUSINESS WIRE)--PRINCE IND., A HCPI PORTFOLIO COMPANY, FURTHER EXPANDS ITS AEROSPACE AND DEFENSE CAPABILITIES WITH ACQUISITION OF KEYSTONE PRECISION & ENGINEERING.

Datasite Completes Acquisition of Sealk

Lastest from Businesswire - Wed, 09/04/2024 - 06:18
MINNEAPOLIS--(BUSINESS WIRE)-- #AI--Datasite®, a leading SaaS platform used by enterprises globally to execute complex, strategic projects, today announced that it has completed its acquisition of Paris-based Sealk®, an advanced artificial intelligence (AI) search engine that provides dealmakers with a powerful new way to conduct company and mergers and acquisitions (M&A) transactions research. Terms of the agreement are not being disclosed. Founded in 2018, Sealk’s AI simplifies deal origination

Peter K. Scaturro, Former Partner at Goldman Sachs Global Private Client and Former CEO of Citigroup Global Private Bank, joins Star Mountain Capital as Senior Advisor

Lastest from Businesswire - Wed, 09/04/2024 - 06:18
NEW YORK--(BUSINESS WIRE)--Star Mountain Capital, LLC ("Star Mountain"), a specialized investment manager with over $4.0 billion in assets under management (committed capital including debt facilities as of 8/31/2024) focused on generating defensive, premium yield and total returns from the less efficient and resources-intensive market of U.S. private small and medium-sized businesses (the “lower middle-market”), is pleased to announce that Peter Scaturro has joined as Senior Advisor. Mr. Scatu

Nuveen Private Capital Expands European Business Development Team with Hire of Ralph van Daalen

Lastest from Businesswire - Wed, 09/04/2024 - 06:18
LONDON--(BUSINESS WIRE)--Arcmont Asset Management and Churchill Asset Management, the European and U.S. asset management companies of Nuveen Private Capital, today announced the continued expansion of their European client coverage capabilities with the appointment of Ralph van Daalen as Head of Business Development Netherlands. Mr. van Daalen will focus on expanding private credit solutions across the region. Mr. van Daalen will be based in Nuveen’s Amsterdam office and brings more than two de

Lawyer for Aviator LLC Details Origin of Aviator Logo Following Court Victory

Lastest from Businesswire - Wed, 09/04/2024 - 06:18
TBILISI, Georgia--(BUSINESS WIRE)--After winning an important $330 million infringement ruling by the Georgian Court of First Instance against Adjarabet and Spribe OÜ, and in response to statements published in the media by the defendants, Nikoloz Gogilidze, Managing Partner of the law firm Mikadze Gegetchkori Taktakishvili LLC which represents Aviator LLC, says that the Aviator brand (the name and the logo) was created in 2016-2017 by Georgian businessman Teimuraz Ugulava. Mr. Gogilidze shares

AM Best Publishes Annual Review of Global Reinsurance Industry; Analysis Highlights Companies’ Favorable Results, Financial Reporting Shifts

Lastest from Businesswire - Wed, 09/04/2024 - 03:17
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--As reinsurance industry leaders prepare to gather in Monte Carlo for the annual Rendez-Vous de Septembre, AM Best’s latest research on the global industry highlights the segment’s strong technical results amid an ongoing shift to the IFRS 17 reporting standard that has altered the performance analysis of these companies. Now available in one comprehensive volume, featuring exclusive extra content, AM Best’s in-depth analysis of key segments and regional markets s

Bureau Veritas Acquires ArcVera Renewables to Accelerate Growth and Create a New Stronghold in the Renewables Sector in North America

Lastest from Businesswire - Wed, 09/04/2024 - 03:17
PARIS--(BUSINESS WIRE)--Bureau Veritas, a global leader in Testing, Inspection, and Certification services, today announced the acquisition of ArcVera Renewables, a specialized provider in finance-grade consulting and technical services for wind, solar, and battery storage projects worldwide. This acquisition is aligned with Bureau Veritas LEAP | 28 strategy to create a new stronghold in the fast-growing sector of renewables. Bureau Veritas contributes to the energy transition by providing the

PropertyGuru Reports Second Quarter 2024 Results

Lastest from Businesswire - Wed, 09/04/2024 - 00:17
SINGAPORE--(BUSINESS WIRE)--PropertyGuru Group Limited (NYSE: PGRU) (“PropertyGuru” or the “Company”), Southeast Asia’s leading1, property technology (“PropTech”) company, today announced financial results for the quarter ended June 30, 2024. Revenue of S$41 million in the second quarter of 2024 increased 10% year over year. Net loss was S$16 million in the second quarter and Adjusted EBITDA2 was positive S$7 million. This compares to net loss of S$6 million and Adjusted EBITDA2 of positive S$5

CTRI INVESTIGATION ALERT: Robbins Geller Rudman & Dowd LLP Announces Investigation into Centuri Holdings, Inc. and Encourages Investors with Substantial Losses or Witnesses with Relevant Information to Contact the Firm

Lastest from Businesswire - Tue, 09/03/2024 - 21:17
SAN DIEGO--(BUSINESS WIRE)--Robbins Geller Rudman & Dowd LLP is investigating potential violations of U.S. federal securities laws involving Centuri Holdings, Inc. (NYSE: CTRI) focused on whether Centuri and certain of its top executives made false and/or misleading statements and/or failed to disclose material information to investors. If you have information that could assist in the Centuri Investigation or if you are a Centuri investor who suffered a loss and would like to learn more, yo

Independence Realty Trust Announces Pricing of Public Offering of 10,000,000 Shares of Common Stock

Lastest from Businesswire - Tue, 09/03/2024 - 21:17
PHILADELPHIA--(BUSINESS WIRE)--Independence Realty Trust, Inc. (“IRT”) (NYSE: IRT), a multifamily apartment REIT, today announced the pricing of its public offering of 10,000,000 shares of common stock at a price of $19.75 per share in connection with the forward sale agreement described below. The Company also granted the underwriters a 30-day option to purchase up to 1,500,000 additional shares. The offering is expected to close on or about September 5, 2024, subject to customary closing cond

Rosen Law Firm Encourages Acadia Healthcare Company, Inc. Investors to Inquire About Securities Class Action Investigation – ACHC

Lastest from Businesswire - Tue, 09/03/2024 - 21:17
NEW YORK--(BUSINESS WIRE)--Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Acadia Healthcare Company, Inc. (NASDAQ: ACHC) resulting from allegations that Acadia Healthcare may have issued materially misleading business information to the investing public. So What: If you purchased Acadia Healthcare securities you may be entitled to compensation without payment of any out of pocket fees or costs throug

ARC DOCUMENT INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of ARC Document Solutions, Inc. - ARC

Lastest from Businesswire - Tue, 09/03/2024 - 21:17
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of ARC Document Solutions, Inc. (NYSE: ARC) to TechPrint Holdings, LLC, an affiliate of ARC executives. Under the terms of the proposed transaction, shareholders of ARC will receive $3.40 in cash for each share of ARC that they own. KSF is seeking to determine whether this consideration and the process that led t

Better Home & Finance Holding Company to Participate in Upcoming Investor Conferences

Lastest from Businesswire - Tue, 09/03/2024 - 21:17
NEW YORK--(BUSINESS WIRE)--Better Home & Finance Holding Company (NASDAQ: BETR, BETRW) (“Better”), a leading digital homeownership company, today announced that Kevin Ryan, CFO of Better, will participate in meetings with investors at the following investor conferences: Zelman 2024 Housing Summit Date: September 12-13, 2024 Location: Boston, MA UBS East Coast Payments & FinTech Discussion Date: September 26, 2024 Location: New York, NY About Better Since 2017, Better Home & Finance

Lost Money in iLearningEngines, Inc.? Gibbs Law Group Investigates Potential Securities Law Violations

Lastest from Businesswire - Tue, 09/03/2024 - 21:17
OAKLAND, Calif.--(BUSINESS WIRE)---- $AILE #AILE--Gibbs Law Group continues to investigate a potential iLearningEngines, Inc. (NASDAQ: AILE) Securities Class Action Lawsuit on behalf of shareholders who lost money in iLearningEngines, Inc. (NASDAQ: AILE). Shares of iLearningEngines, Inc. plunged over 54% in intraday trading on Thursday, August 29, 2024, following a Hindenburg report alleging that “the majority of iLearningEngines’ revenue doesn’t exist” and that its relationship with an undisclosed related par

Federman & Sherwood Investigates Ally Bank for Data Breach

Lastest from Businesswire - Tue, 09/03/2024 - 18:17
OKLAHOMA CITY--(BUSINESS WIRE)-- #AllyBank--Federman & Sherwood Investigates Ally Bank for Data Breach

Federman & Sherwood Investigates Western Electrical Contractors Association, Inc. (“WECA”) for Data Breach

Lastest from Businesswire - Tue, 09/03/2024 - 18:17
OKLAHOMA CITY--(BUSINESS WIRE)-- #FedermanSherwood--Federman & Sherwood Investigates Western Electrical Contractors Association, Inc. (“WECA”) for Data Breach

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Definitive Healthcare Corp. (DH) on Behalf of Investors

Lastest from Businesswire - Tue, 09/03/2024 - 18:17
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Definitive Healthcare Corp. (“Definitive Healthcare” or the “Company”) (NASDAQ: DH) investors concerning the Company’s possible violations of federal securities laws. On July 30, 2024, Definitive Healthcare disclosed that it took a $363.6 million goodwill impairment, and that as a result the Company was reducing its 2024 fiscal year guidance. On this news, Definitive Healthcare’s stock price f

Federman & Sherwood Investigates Drost Kivlahan McMahon & O’Connor (“DKMO”) for Data Breach

Lastest from Businesswire - Tue, 09/03/2024 - 18:17
OKLAHOMA CITY--(BUSINESS WIRE)-- #DKMO--Federman & Sherwood Investigates Drost Kivlahan McMahon & O’Connor (“DKMO”) for Data Breach

Federman & Sherwood Investigates Illinois Bone & Joint Institute, LLC (“IBJI”) for Data Breach

Lastest from Businesswire - Tue, 09/03/2024 - 18:17
OKLAHOMA CITY--(BUSINESS WIRE)-- #FedermanSherwood--Federman & Sherwood Investigates Illinois Bone & Joint Institute, LLC (“IBJI”) for Data Breach

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