LONDON, UK: QSix, the specialist real estate asset manager, announced that Christian Daumann will be appointed as Chief Executive Officer of its German operations with effect from 1 March 2024. Christian will succeed Jörg Schwagenscheidt, who has been CEO of QSix Germany since 2015. Jörg will remain a partner of QSix Group, focussing on QSix…
Apax Funds acquires controlling stakes in Integrated Environmental Solutions
LONDON, UK: Apax Global Alpha, the closed-ended investment company providing access to the Apax Private Equity Funds, today announced that it will be investing approximately €5.1m in Integrated Environmental Solutions on a look-through basis. On 27th February 2024, the Apax Global Impact Fund (AGI), in which AGA is a limited partner, announced that it has…
Animalcare Group has disposed of Identicare Ltd for £24.9m
LONDON, UK: Animalcare Group plc, the international animal health business, has disposed of its majority shareholding in Identicare Ltd to BG Bidco 21 Limited, a newly incorporated company owned by funds managed by Bridgepoint Advisors II Limited, for a cash consideration of £24.9m payable upon completion of this sale. This represents a significant crystallisation of…
Onelife Senior Living Merges with Ally Senior Living to Expand in Eight States
Onelife Senior Living, a family-owned developer and operator of senior living communities, has merged with Ally Senior Living, a Texas-based operator, to form a new company that will operate in eight states across 19 properties. The deal, which closed in February 2024, will retain Onelife Senior Living name and branding, and will be led by…
VINCI Highways acquires Denver’s Northwest Parkway concession
PARIS, FRANCE: VINCI Highways, a subsidiary of VINCI Concessions, has signed an agreement to acquire NWP HoldCo LLC, the company that holds the concession contract of Denver’s Northwest Parkway, a 14-km section of the city’s ring road in Colorado. The deal involves the purchase of 100% of the concession company, which is currently owned by…
CBRE acquires J&J Worldwide Services
CBRE Group, Inc. (NYSE:CBRE), the world’s largest commercial real estate services and investment firm, has completed its acquisition of J&J Worldwide Services, a company that specializes in engineering services, base support operations and facilities maintenance for the U.S. federal government. The deal, which was announced today by CBRE and Arlington Capital Partners, the private investment…
CVC Asis Pacific raises offer for APM to $2.00 per share
SYDNEY: CVC Asia Pacific Limited (CVC) has increased its offer for APM Human Services International Limited (APM) to $2.00 cash per share, up from $1.60, in a bid to acquire the human services provider by way of a scheme of arrangement. APM’s board has agreed to grant CVC a four-week period of exclusivity to 27…
Gentrack reports 36.4% surge in revenues to $169.8 million in 2023
AUCKLAND: Gentrack, a leading provider of software solutions for utilities and airports, announced its financial results for the year 2023, showing impressive growth in revenue, EBITDA, cash, and net profit. The company also highlighted its strategic achievements, such as launching its new g2.0 platform, winning new customers in the Middle East, Southeast Asia, and Europe,…
Vista Group reports strong growth and cloud adoption in 2023
The cinema software company posted a 25% increase in EBITDA and a 6% increase in revenue, driven by its cloud-based solutions and new client signings. WELLINGTON: Vista Group International Limited (NZX & ASX: VGL), a leading provider of cinema management, film distribution and customer analytics software to the global film industry, announced its full year…
Codified raises $4M to launch AI-powered Data Governance platform
Codified, a startup that aims to simplify data governance with generative AI, announced today that it has raised $4M in seed funding. The round was co-led by Madrona Ventures and Vine Ventures, with participation from Soma Capital and several angel investors. Codified also added two prominent advisors to its board: Ali Ghodsi, founder and CEO…
Volvo Group invests in Zacua Ventures, a global fund for green construction tech
Volvo Group Venture Capital AB has joined Zacua Ventures Builders Fund I, L.P., a global venture capital fund that supports early-stage technology start-ups in the construction industry. The fund focuses on emerging technologies that can reduce carbon emissions and improve efficiency in the sector. Zacua Ventures was founded in 2022 and operates in North America,…
How to Bridge the Generational Gap in Tech Adoption
Technology is a powerful tool that can enhance the work of any employee, regardless of their age. However, some workers may face more challenges than others when it comes to adopting new software and devices. How can businesses foster a culture of inclusive tech adoption that respects the preferences and needs of all generations? The…