SYDNEY, AUSTRALIA: Objective Corporation, a leading provider of software solutions for the public sector, has announced its financial results for the first half of FY2024, showing continued growth in annual recurring revenue (ARR), profitability and customer value. The company’s ARR increased by 15% year-on-year to $82.6 million, driven by strong demand for its cloud-based content…
Tag: M&A
Chobani buys coffee maker La Colombe for $900 million
To grow its beverage portfolio, Chobani, the maker of Greek-yogurt, acquired La Colombe, a ready-to-drink coffee producer, for $900 million on Friday. The deal was financed by a mix of a new $550 million term loan, cash reserves and swapping Keurig Dr Pepper’s (KDP.O) minority stake in the coffee company for Chobani shares. Chobani had…
Exploring Mergers and Acquisitions: Strategies and Pitfalls in Corporate Finance
Mergers and acquisitions (M&A) play a crucial role in corporate finance. They involve the consolidation of businesses or the acquisition of one business by another. This article aims to delve into the intricacies of M&A, including their definition, various types, and their impact on company growth and market competition. Furthermore, we will delve into effective…
Global Upside names Andrew Wilson as head of private equity and M&A practice
SAN JOSE: Global Upside today announced Andrew Wilson, formerly Vice President of Strategic Accounts, will be heading its Private Equity and M&A practice, which provides specialized solutions for private equity firms and their portfolio companies, and global companies with M&A needs. Global Upside addresses challenges across the investment lifecycle, especially with regards to establishing the…
Rosenblatt Group acquires Convex Capital Limited for £22 million
LONDON: Rosenblatt Group plc, the professional services group, has announced the acquisition of Convex Capital Limited, a specialist sell-side M&A corporate finance boutique, based in Manchester, UK. The total consideration for the acquisition, assuming all earn-out and deferred consideration payments are made, is £22 million. The acquisition is in line with the Group’s M&A strategy….