CALIFORNIA: Accela, the leading provider of cloud-based solutions for government, announced the acquisition of OpenCounter, a pioneer in streamlining permitting and licensing processes. This strategic move aims to deliver an intuitive, step-by-step guide for residents, businesses, and event organizers seeking licenses or permits from their city, county, or state. OpenCounter’s user-friendly interface simplifies the application…
Category: Wire
News wire, ,nyse exchange, market newspaper, equities market news, financial news,
Archrock Inc. acquire Total Operations and Production Services (TOPS) for $983 million
HOUSTON: Archrock Inc. (NYSE: AROC) has entered into a definitive agreement to acquire Total Operations and Production Services, LLC (TOPS) including approximately 580,000 horsepower of predominantly young electric motor drive compression assets, in a cash-and-stock transaction valued at $983 million. Total Operations and Production Services is a leading provider of contract gas compression services for…
Accenture agrees to acquire Camelot Management Consultants in Germany
MANHEIM: Accenture (NYSE: ACN) has agreed to acquire Camelot Management Consultants, an international SAP-focused management and technology consulting firm from Germany, with specific strengths in supply chain, data and analytics. The acquisition will further enhance Accenture’s SAP and AI-driven supply chain capabilities, helping clients build the intelligent and resilient supply chains that today’s business landscape…
Heeler Security Inc. secures $8.5 million in seed funding
Heeler Security Inc., a pioneering startup in the application security space, today announced the successful closing of an $8.5 million Seed Series funding round, led by Norwest Venture Partners with significant participation from Storm Ventures. “Application security requires a new approach that focuses on runtime visibility and that’s exactly what Heeler has done,” said David…
Krispy Kreme sells majority stake of Insomnia Cookies at an enterprise value of $350 million
Krispy Kreme Inc. (NASDAQ: DNUT) today announced the sale of a majority ownership stake of Insomnia Cookies to Verlinvest and Mistral Equity Partners. The transaction represents a $350 million total enterprise value, which has doubled since Krispy Kreme’s 2018 acquisition. “As we build a bigger and better Krispy Kreme, this transaction allows us to focus…
Nscale AI cloud platform has acquired Kontena
LONDON: Nscale, a fully vertically integrated AI cloud platform, announced the acquisition of Kontena, a leader in high-density modular data centres and AI Data Centre solutions. This acquisition marks a significant step forward in Nscale’s mission to provide the infrastructure backbone to the growing generative AI market through cost-effective, high-performance solutions that unlock AI’s full…
E2M Solutions has acquired UnlimitedWP, a white-label WordPress development company
SAN DIEGO: E2M Solutions, a leading white-label partner for digital agencies, has acquired UnlimitedWP, a premier white-label WordPress development company. This acquisition positions E2M as the world’s largest white-label WordPress development provider, enhancing services for both companies’ clients. This acquisition is a significant milestone for E2M and UnlimitedWP. E2M will integrate UnlimitedWP’s team of 80+…
CTA Smart raises $3 million growth funding in the latest round
MIAMI: CTA Smart, a leading technology company in the fuel sector, has secured a US$ 3 million investment in a new funding round to boost its international growth. Led by Invisto and Indicator Capital, this investment will support CTA Smart’s expansion into the American market and lay the groundwork for global outreach. Investment Details Indicator…
Cloud-native platform, Tekion, gets $200 million in growth equity capital from Dragoneer Investment
Tekion, innovator of the first cloud-native platform serving the entire automotive retail ecosystem, today announced that it has secured $200 million in growth equity capital from Dragoneer Investment Group
Grant Thornton names Lawrence Griff and Kelly Schindler to its industry practice
CHICAGO: Grant Thornton has named Lawrence Griff to lead the firm’s retail industry practice and Kelly Schindler to head up its manufacturing industry practice. In their roles, Griff and Schindler will oversee the growth and operations of their respective industries, which encompass a full range of audit, assurance, tax, and advisory services. “The ever-evolving landscape…
IC Group has acquired remaining 13% ownership of Insured Creativity Inc.
IC Group, a global leader in digital promotions, has acquired remaining 13% ownership stake in Insured Creativity Inc. (ICI) effective on June 21, 2024.
Box Inc. appoints Samantha Wessels as President of Box Europe, Middle East and Africa
Box Inc. (NYSE: BOX), the Intelligent Content Cloud, announced that Samantha Wessels will join the Box Executive Team as President of Box Europe, the Middle East and Africa (EMEA)