LONDON: Petards Group plc (AIM: PEG), the AIM quoted developer of advanced security and surveillance systems, has today conditionally agreed to acquire Affini Technology Group Limited (ATGL) and thereby indirectly its wholly owned subsidiary, Affini Technology Limited. Affini is a UK based critical communications solutions provider to the transport, blue light, energy, defence and construction…
Qantas will acquire remaining 49% of TripADeal for $211 million
SYDNEY: Qantas today announced it will purchase the remaining 49 per cent of Byron Bay born online travel business TripADeal, accelerating Qantas Loyalty’s exposure to the growing $13 billion online holiday packages market. The acquisition will enable the Group to deepen synergies by combining Qantas and Jetstar’s extensive network with the growing curated tour market….
Carr’s Hill Capital Partners has acquired SMART Safety Gulf Coast
NEW ORLEANS: Carr’s Hill Capital Partners Management, a New Orleans-based private equity firm, has acquired SMART Safety Gulf Coast, a leading provider of turnkey life safety and compliance management services, from PALA Group, a diversified industrial construction contractor comprised of several companies. Since 2011, SMART Safety has been serving its diverse set of clients across…
GenNx360 Capital Partners acquires Electro-Motion Inc
NEW YORK: GenNx360 Capital Partners announced GenServe’s acquisition of Electro-Motion Inc. GenServe is a portfolio company of GenNx360 Capital Partners, a New York-based private equity firm investing in middle market business services and industrial companies. GenServe is a leading independent provider of scheduled and emergency power generator maintenance, repair and sales in the Northeast region,…
Tata inks five-year host broadcasting services deal with World Athletics
MUMBAI: Tata Communications announced a five-year global host broadcasting services deal covering the World Athletics Series of events. From 2025, Tata Communications will be a key strategic supplier for World Athletics, with a view to elevating innovation and audience engagement to new heights. The collaboration kicks off in another huge year for the sport, with…
Sonicu signs partnership with HPS GPO to provide state-of-the-art monitoring systems
GREENFIELD: Sonicu, a leading provider of state-of-the-art monitoring systems, announced its strategic partnership with HPS Group Purchasing Organization (HPS GPO), one of the nation’s most respected GPOs. This collaboration marks a milestone in providing advanced remote monitoring systems to healthcare facilities, educational organizations and senior living communities nationwide. All HPS GPO members can access Sonicu’s…
HTX Ventures invests in Avail, a modular blockchain solution
SINGAPORE: HTX Ventures, the global investment arm of the cryptocurrency exchange HTX, has announced a strategic investment in Avail, a modular blockchain solution designed to unify Web3 and optimize data availability (DA) for scalable and customizable applications. Avail DA provides decentralized infrastructure for developers to quickly build and scale modern blockchain applications. By inheriting security…
Alpine Power Systems acquires selected assets of DC Power Systems
CHARLOTTE: Alpine Power Systems, a leading provider of critical power, telecom, cable, and motive power solutions, have acquired selected assets of DC Power Systems, Inc. This strategic acquisition enhances Alpine’s capabilities and presence in the Southeast United States, furthering its mission to provide unparalleled power solutions to its customers. This is Alpine’s 26th acquisition under…
Mandarin Oriental to sell two retail units adjoining Mandarin Oriental, Paris
LONDON: Mandarin Oriental International Limited, the publicly listed parent company of Mandarin Oriental Hotel Group, has signed an option to sell its interests in two retail units adjoining the Mandarin Oriental, Paris located at 251 rue Saint-Honoré, Paris to Lavender Propco SNC, an entity controlled by Blackstone Europe LLP for €148 million. The proceeds will…
Omorfia Group has acquired The Grooming Company Holding from CedarBridge Capital Partners
ABU DHABI, UAE: Omorfia Group, the beauty anchor majority owned by Multiply Group, has successfully acquired 100% ownership of The Grooming Company Holding (TGCH), a premier provider of salon and beauty services in the UAE, from CedarBridge Capital Partners, the region’s leading private equity investor in consumer and beauty sectors. This strategic move reinforces Omorfia…
Great Southern Copper secures major mining concessions in Chile
LONDON: Great Southern Copper plc (GSCU) has announced the successful signing of a Purchase Option Agreement for the Artemisa concession group in northern Chile. This move comes after a comprehensive 90-day due diligence period and is set to bolster the company’s Especularita project area with an additional 1,665 hectares of highly prospective land. The new…
Pierre Pellerey appointed Chief Technical Officer at DG Innovate
LONDON: DG Innovate (LSE: DGI), the advanced research and development company developing pioneering solutions in sustainable mobility and energy storage, is pleased to announce that ex-Tesla electric motor design engineer Pierre Pellerey has been appointed as the Company’s Chief Technical Officer (“CTO”), a non-board position. Pierre was previously appointed as a consultant to the Company,…