Archives

Jolt: Sustainable Energy Storage Materials Company Raises $4 Million (Series A)

By Amit Chowdhry ● Jan 4, 2025

Jolt Energy Storage Technologies, a pioneer in sustainable organic energy storage materials, announced it raised $4 million in its Series A offering. This funding will accelerate prototype development, field testing, design, and manufacturing processes to pave the way for commercial scalability of its organic flow battery design.

Permira Funds Buying Strategic Majority Stake In Westbridge

By Amit Chowdhry ● Jan 4, 2025

Global investment firm Permira and the investor GENUI announced that funds advised by Permira had agreed to acquire a majority stake in Westbridge Advisory, a leading European energy and sustainability advisory firm for institutional real estate clients.

H.I.G. Capital To Buy AI Solutions Company Quisitive

By Amit Chowdhry ● Jan 4, 2025

Microsoft Cloud and AI solutions provider Quisitive Technology Solutions announced that it entered into an arrangement agreement under which an affiliate of H.I.G. Capital will buy all of the company's issued and outstanding common shares.

Gladstone And Proteus Acquiring Ricardo Defense

By Amit Chowdhry ● Jan 4, 2025

Gladstone Investment and Proteus Enterprises announced its acquisition of Ricardo Defense Systems, LLC and Ricardo Defense, Inc. (collectively known as RDI). Gladstone Investment provided equity and senior secured debt to complete the transaction.

Cass Information Systems Acquires AcuAudit From Active Solutions

By Amit Chowdhry ● Jan 4, 2025

Cass Information Systems - a leading global freight audit & payment solutions provider - announced it acquired AcuAudit, a premier freight audit platform for the ocean and international air freight, from Active Solutions.

SkyVisor: €1.2 Million Raised For Enhancing Drone-Based Inspection Software

By Amit Chowdhry ● Jan 4, 2025

SkyVisor - a leading innovator of automatic drone-based inspection and asset management software for renewables - announced it has raised €1.2 million in a funding round backed by Tomcat, the French public investment bank BPIfrance, Région Île-de-France, and industry leading investors. This investment will drive SkyVisor’s international expansion, accelerate product development, and strengthen its wind and solar market role.

Computershare To Buy Investor Intelligence Company CMi2i

By Amit Chowdhry ● Jan 4, 2025

Computershare announced that it acquired CMi2i Limited. CMi2i provides independent and trusted advice to boards, executives, and advisors of of the largest public companies around the world.

Equinor: $3 Billion Financing Raised For U.S. Empire Wind 1 Project

By Amit Chowdhry ● Jan 4, 2025

Equinor announced it secured a financing package of over $3 billion to advance Empire Wind 1 offshore wind power project in the US. With this funding, the company expects the total capital investments, like fees for using the South Brooklyn Marine Terminal, to be about $5 billion, including the effect of future tax credits.

Nu Skin Enterprises: Strategic Deal Of Mavely For $250 Million

By Amit Chowdhry ● Jan 4, 2025

Nu Skin Enterprises announced that its Rhyz subsidiary completed a strategic transaction with Later, a portfolio company of Summit Partners. And as part of the deal, Rhyz sold its Mavely affiliate marketing technology platform to Later in exchange for about $250 million in cash and a minority equity stake in the combined Later/Mavely business.

Orion: Acquisition Of Summit Wealth Systems Completed

By Amit Chowdhry ● Jan 4, 2025

Orion, a provider of transformative wealth technology solutions for financial advisors and the enterprise firms that serve them, announced the completion of its acquisition of advisor technology provider Summit Wealth Systems. As part of the deal, Summit’s co-founder and CEO, Reed Colley, joined Orion today as President of Orion Advisor Technology, reporting to Orion CEO Natalie Wolfsen. The definitive agreement was announced on December 19, 2024, and further deal details will not be disclosed.