Epassi Group sells majority stake to TA Associates and Warburg Pincus

Epassi Group, a Nordic leader in digital employee benefits payments, has sold a majority stake to two global private equity firms, TA Associates and Warburg Pincus, for an undisclosed amount.…

NNR August 10, 2023

Wire

Amyris files for bankruptcy, plans to sell consumer brands

Amyris, a biotech firm that produces sustainable ingredients for various industries, has filed for Chapter 11 bankruptcy protection in the U.S. court. The company said it intends to sell its…

NNR August 10, 2023

Wire

STG acquires media editing software maker Avid Technology for $1.4 billion

Symphony Technology Group (STG), a private equity firm that invests in technology companies, has agreed to buy Avid Technology Inc, a leading provider of media editing software and hardware, for…

NNR August 10, 2023

Wire

Carmell Corporation completes merger with Axolotl Biologix

Carmell Corporation (CTCX), a regenerative care company, has announced the successful completion of its merger with Axolotl Biologix, a profitable regenerative medicine company based in Flagstaff, Arizona. The deal will…

NNR August 10, 2023

Wire

Fleyshman joins ASPIRE Tour as equity partner

Entrepreneur and philanthropist Dan Fleyshman has acquired an equity stake in ASPIRE Tour, a live events business that offers insights and tools to entrepreneurs from celebrities, athletes and business moguls.…

NNR August 10, 2023

Wire

TYLin acquires AEC to boost its structural engineering capabilities in Texas

TYLin, a global leader in service-based infrastructure consulting, has announced that it has acquired Architectural Engineers Collaborative (AEC), a leading structural engineering firm based in Austin, Texas. The deal will…

NNR August 10, 2023

Wire

Convergint acquires Peace of Mind Technology (POMT) to enter Australian AV market

Convergint, a global leader in service-based systems integration, has announced that it has agreed to acquire Peace of Mind Technology (POMT), a Sydney-based provider of audio-visual, workspace and communications technology…

NNR August 10, 2023

Wire

Barstool Sports founder Dave Portnoy buys back his media brand from Penn Entertainment

David Portnoy, the outspoken founder of Barstool Sports, is once again the owner of his media brand, after buying it back from Penn Entertainment. The value of the deal, which…

NNR August 9, 2023

Wire

PayPal to launch its own stablecoin backed by the US dollar

PayPal, the online payments giant, is set to launch a US dollar-denominated stablecoin, PayPal USD (PYUSD), in a bid to address the emerging potential of fully-backed and regulated stablecoins to…

NNR August 8, 2023

Wire

Oil prices hit four-month highs after Ukraine attacks Russian port and OPEC extends cuts

Oil prices rose to their highest levels since mid-April on Monday, following a drone attack by Ukraine on a key Russian oil export hub and an extension of production cuts…

NNR August 7, 2023

Wire

China drops tariffs on Australian barley after three years of trade dispute

China has announced that it will lift the tariffs on Australian barley imports from Aug. 5, signalling a thaw in the trade relations between the two countries that have been…

NNR August 4, 2023

Wire

Datasaur raises $4M to democratize access to NLP and LLM technology

Datasaur, a startup that provides a platform for data scientists to label and train natural language processing (NLP) models, has announced that it has raised $4 million in a seed…

NNR August 3, 2023