Archives

Silversmith Capital Partners Raises $880 Million For Third Growth Equity Fund

By Amit Chowdhry ● Oct 5, 2020

Silversmith Capital Partners recently announced the first and final closing of its third fund called Silversmith Capital Partners III, L.P. (Fund III) at its target and hard cap of $880 million.

J.P. Morgan Asset Management Partners With SAP

By Amit Chowdhry ● Oct 5, 2020

J.P. Morgan Asset Management recently announced a new partnership with SAP (NYSE:SAP) through the Software Solution Partner Program.

Fractional Alternative Investing Company Rally Raises $27 Million

By Dan Anderson ● Oct 5, 2020

Rally — a creator of fractional alternative investing that enables anyone to invest in rare and one-of-a-kind collectibles for as little as $1 per share — has announced that it has raised a $17 million funding round that closed earlier this summer.

Photography Network Company Snappr Raises $10 Million

By Noah Long ● Oct 5, 2020

Photography network company Snappr has raised $10 million in Series A funding.

Why Pfizer (PFE) Is Investing $200 Million In CStone

By Annie Baker ● Oct 3, 2020

Pfizer Inc. (NYSE: PFE) subsidiaries and Cstone have announced a collaboration that involves a $200 million equity investment by Pfizer in CStone.

Why Caesars Entertainment (CZR) Is Buying William Hill (WMH) For £2.9 Billion

By Amit Chowdhry ● Oct 2, 2020

Caesars Entertainment, Inc. (NASDAQ: CZR) and William Hill PLC (LSE: WMH) announced that Caesars will acquire the entire issued and to be issued share capital of William Hill for approximately £2.9 billion.

Zynga (ZNGA) Closes The $180 Million Rollic Deal

By Amit Chowdhry ● Oct 2, 2020

Today Zynga Inc. (Nasdaq: ZNGA) closed its $180 million deal of Istanbul-based mobile games developer Rollic.

Why Apollo’s Covis Is Buying AMAG Pharmaceuticals In A $647 Million Deal

By Noah Long ● Oct 2, 2020

Covis announced this week that it is buying AMAG Pharmaceuticals (NASDAQ: AMAG) for $13.75 per share in cash, or approximately $498 million ($647 million on an enterprise basis).

Goldman Sachs Group (GS) Buying GM’s Credit Card Operations For $2.5 Billion, Says Report

By Amit Chowdhry ● Oct 2, 2020

Goldman Sachs Group Inc (NYSE: GS) has reportedly won the bid for the credit card business for General Motors Company (NYSE: GM) in a deal valued at $2.5 billion.

Warehouse Robotics Solutions Company Exotec Closes $90 Million

By Amit Chowdhry ● Oct 2, 2020

Exotec — a leading robotics solution for logistics and the creator of the Skypod 3D warehouse robots — announced that it has raised $90 million in funding.

Application Performance Company Pixie Labs Raises $9.15 Million And Emerges From Stealth

By Amit Chowdhry ● Oct 2, 2020

Pixie Labs announced it emerged from stealth with its first product called Pixie and it raised $9.15 million in Series A funding.

SAP To Buy Omnichannel Customer Engagement Company Emarsys

By Dan Anderson ● Oct 1, 2020

SAP SE (NYSE: SAP) has announced it has entered into an agreement to buy Emarsys. These are the details.

Why Arista Networks (ANET) Is Buying Awake Security

By Amit Chowdhry ● Oct 1, 2020

Arista Networks (NYSE:ANET) announced this week that it entered into a definitive agreement to buy Awake Security. These are the details.

Microsoft (MSFT) And Datadog (DDOG) Sign Strategic Partnership

By Amit Chowdhry ● Oct 1, 2020

Datadog, Inc. (NASDAQ: DDOG) announced this week that it signed a strategic partnership with Microsoft Corporation (NASDAQ: MSFT).

Educational Technology Company BEGiN (Known For HOMER) Raises $50 Million

By Dan Anderson ● Oct 1, 2020

BEGiN — the company known for its early learning program HOMER — announced that it has raised $50 million in a Series C funding round.

Data Science Scaling Company Coiled Raises $5 Million

By Noah Long ● Oct 1, 2020

Coiled — a modern solution for seamlessly scaling data science, machine learning, and AI in Python — announced that it has raised $5 million.

Online Back Office Platform Collective Raises $8.65 Million

By Dan Anderson ● Oct 1, 2020

Collective — an online back office platform designed for businesses-of-one — announced that it has raised $8.65 million in funding.

Walmart (WMT) Launching New Store Designs

By Dan Anderson ● Oct 1, 2020

Walmart Inc (NYSE: WMT) is deploying new store designs at 200 locations this fiscal year and 1,000 by next fiscal year.

McDonald’s (MCD) Hires Katie Beirne Fallon As Chief Global Impact Officer

By Annie Baker ● Oct 1, 2020

McDonald's Corp (NYSE: MCD) announced it has named Katie Beirne Fallon as its Chief Global Impact Officer.

Ford Motor Company (F): Operational And Leadership Changes Announced

By Amit Chowdhry ● Oct 1, 2020

Ford Motor Company (NYSE: F) announced changes in how it plans to streamline its global business by making changes in how the company is organized and operates. These are the details.

Kroger Co (KR): New $95 Million Customer Fulfillment Center And Supply Chain Head

By Amit Chowdhry ● Sep 30, 2020

This week, Kroger announced a new $95 million customer fulfillment center and a new supply chain executive.

Virtual Book Club Platform BookClub Closes $6 Million

By Dan Anderson ● Sep 30, 2020

BookClub — a platform that was built for scaling author-led book clubs — announced that it has raised $6 million in a seed round of funding.

Creative Student Experience App Company HAGS Raises $1 Million

By Amit Chowdhry ● Sep 30, 2020

HAGS — a company that is building creative and fun digital experiences for Gen-Z students — announced that it has raised $1 million in a seed round of funding led by GV.

Why Boxlight (BOXL) Is Buying Sahara Presentation Systems For $94.9 Million

By Annie Baker ● Sep 30, 2020

Boxlight Corporation (Nasdaq: BOXL) — a leading provider of interactive technology solutions for the global education market — recently announced it was buying Sahara Presentation Systems PLC.

SINA To Go Private In $2.59 Billion Deal

By Dan Anderson ● Sep 30, 2020

Leading Chinese social media company SINA Corp (NASDAQ: SINA) recently announced a deal to go private.

Shopify (SHOP): Management Shuffles Around As CPO Departs

By Amit Chowdhry ● Sep 29, 2020

Today Shopify Inc (NYSE: SHOP) announced several management changes. These are the details.

Facebook (FB) Promotes Alex Schultz To Chief Marketing Officer

By Amit Chowdhry ● Sep 29, 2020

Facebook, Inc. (NASDAQ: FB) announced it is promoting Alex Schultz to the role of chief marketing officer.

Cleveland-Cliffs Buying ArcelorMittal USA In Estimated $3.3 Billion Deal

By Annie Baker ● Sep 29, 2020

Cleveland-Cliffs Inc (NYSE: CLF) announced this week that it is buying the U.S. operations of ArcelorMittal (NYSE:AM) in a deal valued at about $3.3 billion.

Match Group (MTCH) Names Tracey Breeden As Head Of Safety And Social Advocacy

By Annie Baker ● Sep 29, 2020

Match Group (NASDAQ: MTCH) announced that Tracey Breeden, former Head of Women's Safety and Gender-Based Violence Operations at Uber, will join the company as its new Head of Safety and Social Advocacy.

Ford Motor Company (F) Investing C$1.8 Billion To Build Electric Vehicles In Ontario

By Dan Anderson ● Sep 29, 2020

Ford Motor Company (NYSE: F) recently announced it is committing to invest $1.8 billion to become the first manufacturer in Canada to build full battery electric vehicles (BEVs).