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,…
RealVNC appoints Henry Seddon as new CEO
RealVNC, a leader in remote access technology, has announced the appointment of Henry Seddon as its new CEO. Seddon, with over 25 years of experience in global tech leadership, is set to drive RealVNC’s expansion and innovation. His previous success includes scaling Access Group’s Hospitality division from £8m to £125m in revenue, making it the…
Axle AI and Cloudian launch hybrid cloud solution for media management
Axle AI, Inc., a leader in AI-powered media search, in collaboration with Cloudian, a pioneer in S3-compatible hybrid data lake platforms, announced today a groundbreaking hybrid cloud solution. This innovation promises to revolutionize media workflows by offering data sovereignty, cost reduction, and simplified management through a single-point, unified media search. The solution allows users to…
GLAS Group acquires Paris-based Pristine, expands European footprint
Global Loan Agency Services Limited (GLAS Group) has completed its first acquisition by taking over Pristine, a Paris-based leader in trust and asset management. The deal, initially agreed upon in August 2023, received the green light after meeting regulatory approvals and closing conditions, culminating in March 2024. Pristine, regulated by France’s Autorité des Marchés Financiers…
Triton completes formation of Assemblin Caverion Group
Triton Investment Advisers LLP has finalized the formation of the Assemblin Caverion Group. The process, completed on April 1, 2024, involved the successful merger of Assemblin Group AB and Caverion Corporation, two former portfolio companies. Crayfish BidCo Oy, under Triton’s indirect control, now holds a commanding 94.39% share in Caverion, excluding treasury shares. This strategic…