DUBLIN: GoChallenge, a leading employee engagement platform focused on promoting health and wellness, announced a significant investment from John O’Shea, former Manchester United and Republic of Ireland soccer player. As a seasoned professional athlete and hugely respected figure in the sports world, John O’Shea has always championed the importance of physical fitness and teamwork. His investment in…
STV Group appoints Rufus Radcliffe as Chief Executive Officer
STV Group plc today announces that Rufus Radcliffe will join the Board as Chief Executive Officer on Friday 1 November 2024. Rufus Radcliffe joins STV from ITV plc where until April 2024 he was a member of the Executive Committee and latterly held the position of Managing Director of Streaming, Interactive and Data, playing a key role…
Symmetry Group launches Vidfy, a new Al-powered platform for video messages
KARACHI, PAKISTAN: Symmetry Group Limited has announced the launch of Vidfy, a new Al-powered platform, developed in-house, that specializes in creating tailored video messages that empower businesses, brands, content creators and influencers to engage diverse audiences effectively. This launch marks a significant step in leveraging Al-driven solutions to shape the future of personalized digital communication….
Crown Agents Bank collaborates with Visa on FX and last mile payments in emerging markets
LONDON: CAB Payments, through its operating company, Crown Agents Bank (CAB), and Visa today announced a collaboration to enable fast, efficient and reliable payments and FX, especially across the ‘last mile’ – a term for the final and most complex stage in the payment process. CAB is a UK-regulated bank specialising in FX and cross-border…
Apax Global Alpha (AGA), Apax Private Equity Funds, Veriforce,
LONDON; Apax Global Alpha (AGA), the closed-ended investment company providing access to the Apax Private Equity Funds, today announced that it expects to invest approximately €29m in Veriforce on a look-through basis. The Apax XI Fund (Apax XI), in which AGA is a limited partner, has reached a definitive agreement to acquire a controlling stake in…
Nexteq Plc appoints Duncan Faithfull as Group Chief Executive Officer
LONDON: Nexteq Plc (AIM: NXQ), a leading technology solutions provider to customers in selected industrial markets, today announces that Duncan Faithfull, currently Gaming Business Leader and Chief Commercial Officer at Nexteq, has been appointed to the Board as Group Chief Executive Officer with immediate effect. Duncan joined the Group in 2020 to lead the Quixant division where…
Vection Technologies to acquire all the shares in generative AI firm The Digital Box
SYDNEY: Vection Technologies Ltd (ASX:VR1) has entered into an agreement to acquire all the shares in The Digital Box S.p.A. (TDB), a generative Artificial Intelligence (AI) company. The Digital Box is a technology company that develops and markets 3D and AI platforms based on advanced natural language processing technology. This technology enables voice interaction with data, services,…
Frasers Group buys 14.65% strategic interest in Accent Group
LONDON: Frasers Group plc has purchased a 14.65% strategic investment in Accent Group Limited, the leading retail and distribution business in the performance and lifestyle market in Australia and New Zealand. Accent is a premium distributor, bringing many of the worlds’ best brands to market. In Full Year 2024, Accent delivered AUD$1.6bn of sales from nearly…
John Wood signs deals to sell EthosEnergy and CEC Controls Company
LONDON: John Wood Group has signed separate sales agreements for the disposals of two businesses, which together are expected to generate net proceeds of around $165 million in 2024, including loan notes of up to $42 million. The Group has signed deals for the sale of its stake in Ethos Energy Group Limited, a joint…
Web3 streaming platform myco raises $10 million for its Series A funding
Dubai: UAE-based Web3 streaming platform, myco, has successfully completed the first closing of its Series A funding, raising $10 million from prominent venture investors across MENA, North America and Europe. Key participants include Daman Investments, Aptos Labs, B Digital, Mocha Ventures, Art3 Foundation, Ghaf Capital Partners, Mix Media Network, Factor6 Capital Partners, and Enjinstarter, along…
Flowtech Fluidpower has acquired Thomas Wright/Thorite Group
London: Flowtech Fluidpower plc (AIM: FLO), the specialist technical provider of fluid power and motion control products and engineering services announces the acquisition of the business and certain assets of Thomas Wright/Thorite Group Limited. The transaction completed immediately following the appointment of Administrators, Interpath Advisory to Thorite. Mike England, CEO of Flowtech said: “We are delighted to acquire this well-respected brand…
Tasmea Limited signs deal to acquire Future Engineering Group
SYDNEY: Tasmea Limited has executed share and unit purchase agreement to acquire 100% of the units and shares in Future Engineering Group (FEG), which includes Future Engineering & Communication Unit Trust (FEC) and its associated entities Future Power Pty Ltd, Rollwell Pty Ltd and Westplant Pty Ltd. Completion is expected to occur on or about…