Argo MRT Americas, an affiliate of DRAKKAR, has announced the acquisition of Techni-Air 2000 Inc., a Montreal-based aircraft maintenance provider. The deal gives Argo MRT Americas 100% ownership of Techni-Air 2000 Inc., which is known for its tailor-made, technical handling solutions for airlines. The acquisition broadens Argo MRT Americas’ offering by introducing a second service…
StormFisher Hydrogen secures $30 million to produce low carbon fuels
StormFisher Hydrogen, a company that develops facilities to produce e-fuels from wind and solar power, has received a $30 million investment from ARC Financial Corp. The funding will help StormFisher Hydrogen expand its pipeline of projects in the United States and Canada, where it aims to decarbonize various sectors with its electrolysis-based fuels. StormFisher Hydrogen,…
Morgan Stanley launches concierge service for private market shares
Morgan Stanley Wealth Management has introduced a new service that allows shareholders and investors to trade private company shares in the secondary market. The service, called Private Markets Transaction Desk, is part of Morgan Stanley’s comprehensive Private Markets ecosystem that offers various solutions for companies, employees and investors in the private sector. The Private Markets…
Alaska Communications appoints Jeff Vogt as new COO
Alaska Communications, a leading provider of connectivity solutions in Alaska, has announced the appointment of Jeff Vogt as its new chief operating officer. Vogt will oversee the company’s operations, strategy, and transformation initiatives, with a focus on customer experience, innovation, and fiber network expansion. Vogt brings over 20 years of experience in the cable, telecommunications,…
How to Reach Your Audience Without Compromising Their Privacy
A new study by Blis reveals the challenges and opportunities of cookieless advertising The digital advertising industry is undergoing a major transformation as third-party cookies are being phased out by browsers like Chrome. This means that advertisers need to find new ways to identify and target their audiences across the open internet, without relying on…
IMC Logistics acquires American Pacific Transportation, expands West Coast presence
IMC Logistics, the largest marine drayage provider in the nation, announced today that it has acquired American Pacific Transportation, a leading California-based drayage company. This acquisition strengthens IMC’s position as the industry leader in the U.S. while also significantly increasing the company’s position and truck capacity in California and across the West Coast. According to…
Entrada receives strategic investment from Databricks Ventures
Entrada, a leading Databricks consulting and implementation services firm, has secured a strategic investment from Databricks Ventures, the investment arm of the Data and AI company. The investment will help Entrada scale its next leg of growth and deliver industry-focused AI + data solutions to its customers. Entrada’s CEO, Trey Roldan, said that the investment…
Perseus Operating Group acquires Auto-IT
Perseus Operating Group, a part of Constellation Software Inc., has announced the acquisition of Auto-IT Pty Ltd, a leading dealer management system (DMS) provider for various industries. The deal is Perseus’ tenth acquisition in the dealership software market and will enhance its global presence and innovation capabilities. Auto-IT will continue to operate from its existing…
Virtualware appoints John A. Cunningham as President of U.S. operations
PARIS: Virtualware, the European leader in enterprise virtual reality solutions, has announced the appointment of John A. Cunningham as the President of its U.S. operations. Cunningham will lead the company’s expansion strategy in the U.S. market, where it already has a strong presence. John A. Cunningham is a veteran of the tech industry, with experience…
Veolia sells its water and infrastructure subsidiary SADE to NGE for EUR 260m
PARIS: Veolia, a global leader in ecological transformation, has completed the sale of its water and infrastructure subsidiary SADE to NGE, an independent public works group, for an enterprise value of 260 million euros. The deal was announced on Monday, after obtaining the necessary regulatory approvals and consulting with the employee representatives. SADE, which specialises…
Mirriad signs two-year deal with US media giant for in-content ads
LONDON: Mirriad, a company that specializes in inserting virtual ads and products into movies and TV shows, has secured a two-year deal with a leading US media and entertainment conglomerate. The deal will allow the US partner to use Mirriad’s platform to create new advertising inventory in its content, which reaches over 200 million viewers…
PensionBee to enter US market with strategic partnership
LONDON: PensionBee, a leading online pension provider in the UK, has announced its plans to expand into the US, the world’s largest Defined Contribution pension market. The company has signed an exclusive, non-binding term sheet with a large, US-based global financial institution, which will provide its expertise and marketing funding for the venture. PensionBee will…