BOSTON: Ethos Capital LP announced today that Brent Stone has joined the Firm as a Managing Partner, alongside fellow Managing Partners and Co-Founders, Erik Brooks and Fadi Chehade. Mr. Stone brings more than 25 years of experience, having completed investments…
LONDON, UK: Onfido, a UK-based fintech company that provides identity verification solutions using artificial intelligence and machine learning, is in exclusive negotiations with Entrust, a US-based company that specializes in payments, identities and data security, for a possible acquisition. The…
Universal Background Screening (UBS), a leading workforce solutions company, has announced the appointment of Bob Lyons as its new Chief Executive Officer (CEO) and board member. Lyons succeeds Kevin Olson, the founder of UBS, who has stepped down after leading…
Bollegraaf, the world’s largest builder of recycling plants, has entered into a strategic partnership with Greyparrot, a pioneer in AI waste analytics, to transform global waste management. The deal, worth $12.8M, will see Bollegraaf transfer its AI vision business to…
PARIS, FRANCE: Abivax SA, a clinical-stage biotechnology company focused on developing therapeutics that harness the body’s natural regulatory mechanisms to stabilize the immune response in patients with chronic inflammatory diseases, today announced the appointment of Ana Sharma as Vice President,…
Global insurance brokerage Pacific Prime announced the full acquisition of MIT Insurance Brokers Sdn Bhd, Malaysia’s leading insurance brokerage firm specializing in risk management, insurance, and reinsurance. With unwavering dedication to providing exceptional service, MIT has been at the forefront…
LONDON: Ørsted, the world’s leading offshore wind developer, has unveiled its updated business plan following a comprehensive portfolio review. The company aims to grow its installed capacity from 12 GW to 50 GW by 2030, with a focus on offshore…
LONDON, UK: Pandora, the world’s largest jewellery maker, reported an impressive 8% organic growth in 2023, beating its own guidance of 5-6%. The company attributed its success to its Phoenix strategy, which has transformed Pandora into a more sustainable, innovative…
LONDON, UK: Deltic Energy Plc, a natural resources investing company, has agreed to farm out a quarter of its interest in Licence P2437, containing the Selene Prospect, to Dana Petroleum. The deal will reduce Deltic’s exposure to the drilling and…
LONDON, UK: Aurrigo, a global leader in transport technology solutions, has secured a deal with DTAC to test its Auto-DollyTug at Munich Airport for self-driving cargo transport. This follows the previous announcement of a similar project at Stuttgart Airport. The…
Alderley Park, UK: Jazz Pharmaceuticals plc and Redx Pharma plc have signed a definitive agreement under which Jazz will acquire Redx’s KRAS (Kirsten rat sarcoma virus) inhibitor program. Jazz and Redx will collaborate to advance candidates through IND-enabling studies; Jazz…
LONDON, UK: Verditek plc, a clean technology company, has announced that it will sell its solar business to a new company formed by its bondholders for £528,340 in notes and £50,000 in cash. The deal is subject to due diligence,…