FlexTrade Systems, a renowned leader in multi-asset execution and order management systems, has joined forces with FP Markets, a top Australian broker in Forex and CFD trading. Together, they have introduced Mottai Trader, an innovative trading platform designed to revolutionize the trading experience for Active Traders. Mottai Trader emerges as a response to the growing…
West Fraser Timber assumes full ownership of Cariboo Pulp and Paper
West Fraser Timber Co. Ltd. (NYSE: WFG) and Mercer International Inc. (NASDAQ: MERC) have mutually agreed to dissolve their joint venture in Cariboo Pulp and Paper. Following the dissolution, West Fraser will emerge as the sole owner and operator of the mill, now known as Cariboo Pulp and Paper Company. The Cariboo Pulp and Paper mill,…
Gambling.com expands European footprint with Freebets.com acquisition
Gambling.com Group Limited (Nasdaq: GAMB) has successfully completed the acquisition of Freebets.com and associated assets. This acquisition is expected to significantly enhance the company’s revenue, with projections indicating an increase of approximately $10.0 million and an incremental Adjusted EBITDA of around $5.0 million for the remainder of 2024. Charles Gillespie, the CEO and Co-Founder of…
XLMedia closes deal with Gambling.com for European and Canadian divisions
XLMedia (AIM: XLM) has announced the successful completion of its divestiture of European and Canadian sports betting and gaming assets to Gambling.com Group Limited (“GAMB”). The sale, finalized on April 1, 2024, saw XLMedia confirm the receipt of a $20.0 million initial cash installment on the following day. The agreement stipulates a total potential consideration…
EQT Private Equity acquires supply chain software leader, Avetta
EQT Private Equity has announced the acquisition of Avetta, a leading supply chain risk management software company, from Welsh, Carson, Anderson & Stowe. Arvindh Kumar, Partner and Co-Head of Technology within EQT’s Private Equity Advisory Team, said, “Avetta’s leadership position, world-class SaaS platform, and commitment to ESG represent a highly thematic investment opportunity for EQT….
Accenture announces acquisition of Intellera Consulting in Italy
Accenture (NYSE: ACN) has announced the acquisition of Intellera Consulting, a leading Italian consultancy known for its innovative work in public administration and healthcare. This acquisition is a continuation of Accenture’s commitment to enhancing public services in Italy through digital and organizational transformation. Intellera Consulting, established in 2021 with headquarters in Rome and Milan, has…
GE Aerospace soars as an independent entity on NYSE
GE Aerospace has officially commenced operations as a standalone public entity, marking a significant chapter in the future of aviation. The company’s debut follows the successful spin-off of GE Vernova and is now listed on the New York Stock Exchange under the ticker symbol “GE.” At the opening bell of the NYSE today, April 2,…
AI Revolution in HR: Navigating the New Era of Workforce Management
In the ever-evolving landscape of human resources, a new global report by Sage has highlighted a significant trend: HR professionals are increasingly turning to artificial intelligence (AI) to alleviate the administrative burden, streamline time-consuming tasks, and combat burnout. The report, aptly named ‘The Changing Face of HR’, encapsulates the insights of over a thousand HR…
Getty Images has acquired Motorsport Images, bolstering its visual content empire
Getty Images (NYSE: GETY), the renowned visual content creator and marketplace, has announced the acquisition of Motorsport Images, a revered archive in the realm of motorsport photography. This acquisition includes the operative arm LAT Images, along with the Sutton, Schlegelmilch, Colombo, and Dukes Video archives, enriching Getty Images’ already formidable collection. Motorsport Images boasts an…
APC Postal Logistics partners with Shipium to expand ecommerce shipping solutions
APC Postal Logistics, a prominent international shipment consolidator, has joined forces with Shipium, a cutting-edge shipping platform for ecommerce entities. This partnership aims to enhance cross-border distribution capabilities for parcel and mail deliveries, leveraging APC’s strategic locations near major airports and Shipium’s modern technology for operational flexibility. With over two decades of industry leadership, APC…
Praia Health raises $20 million funding to transform health system delivery
Praia Health, a pioneering digital health company, has successfully closed an oversubscribed Series A funding round, raising $20 million. The investment round was led by Frist Cressey Ventures with substantial contributions from SignalFire, Epsilon Health Investors, and Providence Ventures. The influx of capital is set to enhance Praia Health’s platform capabilities, which are aimed at…
Aidium Mortgage CRM secures $19 million in Series A funding
Aidium Mortgage CRM, a pioneer in mortgage technology solutions, has announced the successful completion of a $19 million Series A funding round. The round was spearheaded by PeakSpan Capital, marking a significant vote of confidence in Aidium’s innovative approach to reshaping the mortgage industry. The investment arrives at a critical juncture in the mortgage market,…