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MidOcean Partners abandons its investment in Nutrabolt

MidOcean Partners, a renowned New Yorkbased alternative asset manager with a focus on middlemarket private equity and alternative credit investments,

MidOcean Partners, a renowned New Yorkbased alternative asset manager with a focus on middlemarket private equity and alternative credit investments, announced today that it had successfully exited its private equity investment in Nutrabolt, a rapidly expanding global active health and wellness company with a portfolio of marketleading performanceoriented brands, including C4® Energy, one of the fastestgrowing performance energy drink brands in the United States. A major North American beverage manufacturer, Keurig Dr. Pepper, will engage with Nutrabolt in a strategic collaboration that will include a longterm sales and distribution agreement as well as an equity investment in connection with MidOceans exit. Read More..

B2B Tech News | 10 months ago        

EU supports Croatias entry into Schengen, rejects Bulgaria and Romania

Members of the European Union have approved Croatias entry into the Schengen region, which is open to travellers without passports, while rejecting Bu

Members of the European Union have approved Croatias entry into the Schengen region, which is open to travellers without passports, while rejecting Bulgarias and Romanias applications. The choices were made on Thursday in Brussels at a meeting of EU interior ministers.  The last step is done! As of January 1, 2023, Croatia will officially enter the Schengen region, according to a tweet posted on Thursday by the permanent representation of Croatia in the EU. The Czech Republic, which now holds the rotating EU presidency, stated that the Schengen region is increasing for the first time in more than ten years. Ministers authorised Croatias admission beginning on January 1, 2023! ” Read More..

B2B Tech News | 10 months ago        

Healius appoints new CEO, sells Montserrat Day Hospitals for $139m

Maxine Jaquet, who will follow Dr. Malcolm Parmenter in March 2023, will take over as the groups top executive, making her one of the groups 14 female

Maxine Jaquet, who will follow Dr. Malcolm Parmenter in March 2023, will take over as the groups top executive, making her one of the groups 14 female CEOs who will be the youngest to lead an ASX 200 firm. In 2015, Jaquet began working with the industry leader in pathology and diagnostic imaging as group director commercial and CEO of subsidiary Health & Co. She received promotions to CFO and COO in the previous three years. Read More..

B2B Tech News | 10 months ago        

Ohmyhome sees a $15m raise in the US IPO to a valuation of around $88m

Ohmyhome, a Singaporebased real estate marketplace, has submitted paperwork to list its shares in an initial public offering IPO with a US$88 million

Ohmyhome, a Singaporebased real estate marketplace, has submitted paperwork to list its shares in an initial public offering IPO with a US$88 million valuation. According to its filing, the business plans to sell 3.25 million shares for between $4 and $5 each in order to raise up to US$16.25 million, or around US$14.6 million at the midpoint. The company intends to float its stock on the Nasdaq under the symbol OMH.  The primary managing underwriter and bookrunner for the offering is Spartan Capital Securities. Read More..

B2B Tech News | 10 months ago        

Belgian proptech startup Nodalview completes €4m investment round

The purchasing and selling of properties is still happening even though the global real estate market may be slowing down from its frenzied pandemic p

The purchasing and selling of properties is still happening even though the global real estate market may be slowing down from its frenzied pandemic pace. To this end, the Belgian proptech firm Nodalview is pushing forward with its offering and has raised €4 million in a fresh funding round with the intention of broadening its product throughout the real estate value chain as well as continuing to grow in its key markets. A total of over €10 million has been invested in Nodalview since 2019 thanks to the €4 million from current investors PROfounders Capital, K Fund, and Volta Ventures as well as new investment finance&invest.brussels. Read More..

B2B Tech News | 10 months ago        

Enstruct, the engineering powerhouse, is taken over by WSP of Canada

WSP of Canada has bought an Australian structural and civil engineering firm for an unknown sum. The companys extensive portfolio of projects includes

WSP of Canada has bought an Australian structural and civil engineering firm for an unknown sum. The companys extensive portfolio of projects includes the renovation of the Sydney Fish Market and the Sydney Airport. Ross Clarke, a former director of Arup, founded enstruct in 2000. The company now employs 75 people and has offices in Sydney, Melbourne, and Brisbane. It works on a number of significant projects, including hospitals throughout New South Wales, commercial developments like Martin Place Metro, Cockle Bay Park, and 700 Collins Street in Melbourne, as well as significant transportation, educational, and defence projects. Read More..

B2B Tech News | 10 months ago        

South Africas business chamber is concerned about the negative effects of the electricity shortage

On Thursday, the South African Chamber of Commerce and Industry SACCI voiced alarm about the amount of hours the nation goes without electricity, clai

On Thursday, the South African Chamber of Commerce and Industry SACCI voiced alarm about the amount of hours the nation goes without electricity, claiming it has a negative impact on commerce and economic development. The nation has been dealing with inconsistent power supply, and on Wednesday Eskom, the power company, declared that the nation would enter level six load shedding, which entails a day without energy for around six hours. Read More..

B2B Tech News | 10 months ago        

Line Parent’s VC Firm Leads $2.3m Funding For Korean ETF Startup

Akros Technologies, a South Koreabased fintech company, has raised $2.3 million in a strategic funding round. The fundraising was led by ZVC, the inve

Akros Technologies, a South Koreabased fintech company, has raised $2.3 million in a strategic funding round. The fundraising was led by ZVC, the investment arm of Z Holdings, the parent company of Line Corporation. Akros Technologies plans to use the new funding to broaden its investment products and partner with more financial institutions for its PMaaS solution. Read More..

B2B Tech News | 10 months ago        



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