LONDON: A consortium consisting of Trinity Investments, Oaktree Capital Management, and UBS Asset Management’s Real Estate & Private Markets Multi-Managers business has successfully acquired the prestigious Park Hyatt Zurich. “The Park Hyatt Zurich is the perfect launch of Trinity’s business model into Europe,” said Ryan Donn, Managing Partner of Trinity Investments. “We were able to…
Full Glass Wine Co., a leader in direct-to-consumer wine sales, has announced the closure of a $14 million Series A funding round led by Shea Ventures. Alongside this, the company has strategically acquired Bright Cellars, a subscription-based wine service, marking a significant expansion in the DTC wine market. Louis Amoroso, Full Glass Wine Co-Founder and…
Conquest, through its Conquest Infrastructure SLP – Sustainable 2 fund, has acquired a 182MW onshore wind portfolio in Finland from BHM Renewables. Developed by Winda Energy, this acquisition marks Conquest’s entry into the Finnish market and establishes a broader partnership aimed at future expansions. The deal includes two wind farms with a combined capacity of…
Blue Owl Capital Inc. (NYSE: OWL), a prominent alternative asset manager, has announced a definitive agreement to acquire Kuvare Insurance Services LP, doing business as Kuvare Asset Management (KAM), for a total consideration of $750 million. KAM, known for its specialized asset management services tailored to the insurance sector, will be integrated into Blue Owl’s…
Veracode has acquired Longbow Security, a pioneer in security risk management. This acquisition signifies Veracode’s intensified focus on reducing application risk across expanding digital landscapes. “Security teams are overwhelmed by alerts that are often not sufficiently detailed about the level of business risk, the concrete possibility that a flaw will be exploited, and specific code-level…
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…
PARIS, FRANCE: Atari, one of the world’s most iconic consumer brands and interactive entertainment producers, will become the publisher of Rollercoaster Tycoon 3 developed by Frontier Developments plc. Released in 2004, the title is available on PC, Mac, iOS and Nintendo Switch. Atari is now the sole publisher of all major titles within the Rollercoaster…
To enhance its automation solutions, Lincoln Electric Holdings, Inc. (Nasdaq: LECO), a global leader in welding and cutting technologies, has announced the acquisition of RedViking, a renowned automation system integrator. This acquisition marks a significant expansion for Lincoln Electric, particularly in the aerospace and defense sectors. RedViking, based in Plymouth, Michigan, is at the forefront…
LONDON, UK: Fintel Plc (AIM: FNTL), a leading provider of fintech and support services to the UK retail financial services sector, announced acquisition of 70% of ifaDASH, a reg-tech solution that assists intermediaries with running an efficient, compliant business. Company also announced a new distribution agreement with Mortgage Brain together with a minority investment by…
Core & Main Inc. (NYSE: CNM), a prominent player in the infrastructure industry, has announced the signing of a definitive agreement to acquire the majority of assets belonging to EGW Utilities, Inc., a Texas-based distributor renowned for its high-quality products and services. Steve LeClair, the chairman and CEO of Core & Main, expressed enthusiasm about…
LONDON, UK: Aukett Swanke’s wholly owned subsidiary Torpedo Factory Ltd (TFL) has acquired certain assets of RTS, a company (trading as Vanti) which provided master system integration and smart building software to commercial properties in the UK. The acquisition introduces SaaS revenues from RTS’s smart buildings software and, in the opinion of the Directors, marks…
SYDNEY: Toys“R”Us ANZ Limited (ASX:TOY) has announced the acquisition of assets from the established arts and crafts retailer RIOT, alongside securing up to $5 million in funding from a US investment fund managed by C/M Capital Partners, LP. This acquisition marks a significant expansion for TOY, enhancing its e-commerce presence and diversifying its product offerings….