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…
FTC to probe AI giants over cloud partnerships
The Federal Trade Commission (FTC) has announced a sweeping investigation into the artificial intelligence (AI) industry, focusing on the ties between major cloud service providers and AI developers. The FTC will use its 6(b) authority to order companies like Amazon, Alphabet, Microsoft, Anthropic and OpenAI to submit reports and answer questions about their investments and…
Ares Management launches new Automated Industrial Robotics company
Ares Management Corporation (NYSE: ARES) announced today the launch of a new industrial automation company, Automated Industrial Robotics Inc. (AIR), with the aim of capitalizing on the increasing global demand for manufacturing automation solutions. Automated Industrial Robotics will focus on acquiring and growing differentiated industrial automation companies serving diverse end markets, such as automotive, home…
Humana Inc hires David Dintenfass as President of Enterprise Growth
Humana Inc., a leading health insurer and health care services company, announced today that it has appointed David Dintenfass as its new President of Enterprise Growth. Dintenfass will lead the company’s growth plan with a focus on customer acquisition, retention, and experience, especially in the Medicare Advantage market, where Humana is the second largest provider…
AD Ports Group and Aqaba Development sign deal to digitalise Aqaba’s ports
ABU DHABI: AD Ports Group, a global leader in trade, logistics and industry, has signed a shareholders’ agreement with the Aqaba Development Corporation (ADC) to launch Maqta Ayla, a joint venture company that will implement a Port Community System (PCS) in Aqaba’s ports. The PCS will streamline communications and transactions between the port stakeholders, improve…
Box Inc acquires Crooze to boost its Content Cloud with no-code apps and metadata tools
Box, Inc., the leading Content Cloud, has announced the acquisition of Crooze, a provider of no-code enterprise content management applications built on the Box Platform. The deal will enable Box to offer customers more ways to manage their critical content with Crooze’s no-code app builder and metadata capabilities. Crooze’s technology helps customers build apps to…