OSLO, NORWAY: Techstep today announced the appointment of Morten Meier, a seasoned senior executive from the software and technology industry, as CEO. Mr. Meier brings more than 25 years of experience from international organisations in the areas of leadership, strategy, business development, sales, marketing, and operations. He comes from Microsoft Norway, where he has served…
Jadestone signs gas deal with PV Gas for Vietnam offshore fields
Singapore-based Jadestone Energy has signed a preliminary agreement with PV Gas, Vietnam’s state-owned gas company, to sell gas from its Nam Du and U Minh fields in the southwest of the country. The deal covers a daily contract quantity of 80 million standard cubic feet of gas (mmscfd) for at least 55 months, starting from…
Corbion sells emulsifiers business to Kingswood for $362M
AMSTERDAM: Corbion, a global leader in ingredient solutions, has agreed to sell its emulsifiers business to Kingswood Capital Management, a private equity firm based in Los Angeles. The deal, which is subject to regulatory approvals and other conditions, is expected to close in the second quarter of this year. The sale is part of Corbion’s…
Global Petroleum signs partnership agreement with Cynergy East Med
LONDON, UK: Global Petroleum Limited, an oil and gas upstream exploration company presently focused on Africa and the Mediterranean, has entered into a Partnership Agreement (PA) with Cynergy East Med LLC. Under the terms of the agreement, Cynergy and Global will look to explore energy opportunities in the East Mediterranean. In the current market landscape,…
FirstGroup signs deal to acquire York Pullman Bus Company
LONDON, UK: FirstGroup plc has signed an agreement to acquire York Pullman Bus Company Ltd, a high-performing business comprising five well-established coach services brands. York Pullman has a strong presence in regional and adjacent services operations in York and surrounding towns in North Yorkshire. The acquisition plays strongly into the Group’s strategy, providing profitable growth…
Arlington Capital Partners has formed Keel Holdings LLC: A new force in naval and industrial manufacturing
Arlington Capital Partners, a private investment firm based in Washington, D.C., has launched Keel Holdings, LLC, a new company that combines three leading manufacturers of complex structures for the U.S. military and other customers. Keel Holdings, LLC was formed by merging Pegasus Steel, a portfolio company of Arlington Capital Partners, with Metal Trades and Merrill…
LMC Landscape Partners acquires Cutters Edge Total Landscape Solutions
LMC Landscape Partners, a portfolio company of Trivest Partners, has acquired Cutters Edge Total Landscape Solutions, a leading commercial landscaping company based in Davie, Florida. This is LMC’s first entry into the Florida market, adding to its portfolio of brands across the southeastern region. Cutters Edge, founded by William Quigley, has been serving the southern…
Chris Throckmorton appointed as new CEO of EyeCare Partners
EyeCare Partners (ECP), the nation’s leading provider of clinically integrated eye care, has announced that Chris Throckmorton will take over as its new Chief Executive Officer, effective Jan. 29, 2024. He will succeed Ben Breier, who served as Interim CEO and is the Head of U.S. Private Equity Health and Life at Partners Group. Mr….
SIPTRUNK and ABP Technology join forces to boost IP solutions market
SIPTRUNK, a BCM One company and a leading services platform for SIP trunking, has announced a strategic partnership with ABP Technology, a Dallas-based specialty distributor of IP technology solutions. The partnership will allow the companies to cross-sell their products and services to each other’s dealer networks, creating new opportunities for their customers who want to…
LambdaTest adds Samsung Galaxy S24 series to its real device cloud
LambdaTest, a cloud-based unified testing platform, has added the Samsung Galaxy S24 series to its real device cloud. Users can now test their web and mobile applications on the latest Samsung devices, both manually and automatically. This allows them to ensure flawless functionality, compatibility and performance of their applications, and deliver a superior user experience….
MITRE and MDC join forces to boost commercial space and high-speed flight in Midland
MITRE, a leading research and development organization, and the Midland Development Corporation (MDC), the economic development arm of Midland, Texas, have signed an agreement to work together to accelerate their common vision for commercial space and high-speed flight operations in the United States. The agreement will enable MDC and MITRE to cooperate on research and…
Inszone Insurance acquires Colorado-based High Desert Insurance
Inszone Insurance Services, a national provider of various insurance solutions, has acquired High Desert Insurance, a trusted insurance agency based in Pueblo, Colorado. High Desert Insurance, founded in 2011, has a team of seven professionals who share the same values as Inszone. The acquisition will allow Inszone to expand its services in Colorado, while maintaining…