Jun072023
NetChex
GrowthCurve Capital Acquires Netchex to Further Accelerate Growth
Netchex to leverage GrowthCurve’s expertise in data analytics and AI to accelerate growth
Covington, LA and New York, NY – June 7, 2023 – Netchex (“Netchex” or the “Company”), a leading provider of cloud-based human capital management and payroll software, today announced that it has been acquired by GrowthCurve Capital (“GrowthCurve”). GrowthCurve is acquiring the business from affiliates of Primus Capital (“Primus”). Terms of the transaction were not disclosed.
Jun052023
Businesswire
BURLINGTON, Mass. & NEW YORK--(BUSINESS WIRE)--CIRCOR International, Inc. (“CIRCOR” or the “Company”) (NYSE: CIR), one of the world’s leading providers of mission critical flow control products and services for the Industrial and Aerospace & Defense markets, today announced that it has entered into a definitive agreement to be acquired by investment funds managed by KKR, a leading global investment firm, in an all cash transaction valued at approximately $1.6 billion, including the assumption of debt.
May312023
FinExtra
Xapo Private Bank integrates Tether payment rails
Xapo Private Bank, the fully licensed private bank that combines traditional banking with access to Bitcoin and stablecoins, has become the first bank in the world to integrate Tether (USDT) payment rails.
May262023
NASDAQ
Francisco Partners, TPG end talks to buy New Relic -sources
NEW YORK, May 26 (Reuters) - Private equity firms Francisco Partners and TPG Inc TPG.O have ended talks to acquire New Relic Inc NEWR.N after they failed to secure enough debt financing and could not meet the business software company's valuation expectations, people familiar with the matter said.
May262023
Nordic Capital
Nordic Capital appoints Mohit Agnihotri as new Partner
Significant addition to Nordic Capital Advisors’ leading Technology & Payments team
Nordic Capital Advisors has today announced the appointment of Mohit Agnihotri as a Partner. Mohit has over two decades of investment banking, investing and consulting experience in Financial Technology, Payments and broader Software & Technology sectors. He will now become a key member of Nordic Capital Advisors’ leading Technology & Payments team and will be based in London.
May192023
Restaurant365
Restaurant365 Announces $135M Funding Round Co-Led by KKR and L Catterton
Restaurant365, an industry leading all-in-one restaurant enterprise management software, today announced it has agreed to a $135M funding round co-led by global investment firms KKR and L Catterton with participation from current investors, including ICONIQ Growth and Bessemer Venture Partners.
May182023
Macau Business
BANGKOK, THAILAND – Media OutReach – 18 May 2023 – Xapo Bank, a fully licensed private bank that combines traditional banking with access to Bitcoin and stablecoins, has become the first bank in the world to integrate Tether (USDT) payment rails. Beginning with a phased rollout, the payment rails will be fully available to all members by the end of May. Building on its existing USDC rails that were launched in March, the bank is now enabling members to leverage the world’s most widely adopted stablecoin for payments as an alternative to time-consuming and costly SWIFT rails.
May172023
IT Security Guru
Adarma Announces Management Expansion Amid Rapid Growth
Edinburgh-based Adarma, the leading independent specialist in detection and response services, welcomes three new leaders to its cybersecurity services delivery team.
May122023
Martech Vibe
Boost.ai Adds LLMs To Its Conversational AI
The new update will take advantage of generative AI to suggest messaging content to AI trainers within the boost.ai platform.
Boost.ai, a conversational artificial intelligence solution provider, launched Version 12 of its platform with new large language model (LLM)-enriched features for content suggestion, content rewriting, and accelerated generation of training data.
May112023
Businesswire
NEW YORK--(BUSINESS WIRE)--KKR, a leading global investment firm, today announced the signing of a definitive agreement under which investment funds managed by KKR will acquire Industrial Physics (or the “Company”), a leading manufacturer of testing and measurement instruments, from Union Park Capital (“UPC”). KKR plans to support the Company in its continued growth organically and through add-on acquisitions. Financial terms were not disclosed.