Private equity

EQS-News: AuctionTech counts on AI for future development of PropNow, the leading platform for digital offer management in real estate sales in Europe

Retrieved on: 
Mercredi, avril 10, 2024
Automation, Software as a service, Growth, Private equity, SGT, Artificial intelligence, Digital, Sales

AuctionTech counts on AI for future development of PropNow, the leading platform for digital offer management in real estate sales in Europe

Key Points: 
  • AuctionTech counts on AI for future development of PropNow, the leading platform for digital offer management in real estate sales in Europe
    The issuer is solely responsible for the content of this announcement.
  • AuctionTech counts on AI for future development of PropNow, the leading platform for
    Berlin, March 22nd, 2024 – AuctionTech, a Berlin-based software provider for dynamic market pricing solutions of real estate and operator of PropNow.com, the leading platform for digital bidding/offer processes in the real estate sector, will increasingly focus on artificial intelligence (AI) for further development and international growth.
  • PropNow is the market leader in Europe with its platform for digital management of purchase offers and bidding processes.
  • AuctionTech thus remains one of the innovation leaders in the digitalization of real estate sales."

EQS-News: SGT German Private Equity – Strategic Focus on Artificial Intelligence

Retrieved on: 
Mercredi, avril 10, 2024
EUR, Smartphone, Private equity, SGT, Intelligence, Internet, Acquisition, AI, Delivery Hero, SGF, German Startups Group

EQS-News: SGT German Private Equity GmbH & Co. KGaA

Key Points: 
  • EQS-News: SGT German Private Equity GmbH & Co. KGaA
    The issuer is solely responsible for the content of this announcement.
  • Frankfurt/Main, 13 March 2024 – SGT German Private Equity ("SGF"), a holding based in Frankfurt am Main, is now focusing entirely on artificial intelligence.
  • This promises much better earnings prospects than the traditional private equity business, which after many good years has recently generally encountered more difficult market conditions".
  • Christoph Gerlinger: "With artificial intelligence, a transformational tsunami is rolling towards all our lives and the companies.

EQS-News: SGT German Private Equity: VC investment AuctionTech focuses on Artificial Intelligence

Retrieved on: 
Mercredi, avril 10, 2024
Automation, Software as a service, Growth, Private equity, SGT, Artificial intelligence, Digital, German Startups Group

EQS-News: SGT German Private Equity GmbH & Co. KGaA

Key Points: 
  • EQS-News: SGT German Private Equity GmbH & Co. KGaA
    The issuer is solely responsible for the content of this announcement.
  • PropNow is the market leader in Europe with its platform for digital management of purchase offers and bidding processes.
  • SGT German Private Equity is a listed investment holding based in Frankfurt am Main.
  • From its origin as a leading German venture capital provider under the former name German Startups Group, SGT German Private Equity holds a heritage portfolio of minority stakes in some promising German Tech Startups.

Rick Harris Joins Global Search Firm Riviera Partners as Partner in Its Private Equity-Backed Practice

Retrieved on: 
Lundi, avril 1, 2024
Private equity, Data, Knowledge, Health care, Software, Partner, Korn Ferry, Vistaprint, Engineering, Lead, Management

New York, NY, April 01, 2024 (GLOBE NEWSWIRE) -- Riviera Partners , the leading global executive search firm specializing in executive leadership placements in technology, product, and design talent, has welcomed Rick Harris to its Private Equity-backed practice as a Partner.

Key Points: 
  • New York, NY, April 01, 2024 (GLOBE NEWSWIRE) -- Riviera Partners , the leading global executive search firm specializing in executive leadership placements in technology, product, and design talent, has welcomed Rick Harris to its Private Equity-backed practice as a Partner.
  • Before joining Riviera Partners, Harris established and co-led Raines’ Global Software & Technology Officers practice, working closely with private equity, venture capital, and public CEOs to attract transformational Product & Technology leaders.
  • Harris was previously a Partner at True Search.
  • Said Harris: “Riviera is the gold standard for recruiting engineering and product leaders, with a track record that speaks for itself.

AvidXchange Announces Board Additions and Transitions

Retrieved on: 
Mardi, mars 26, 2024
Opus, Constellation, UnitedHealth Group, Health, AlixPartners, Sale, Engineering, Oni, McKinsey & Company, Audit, Private equity, Risk, TeamHealth, Bain Capital Ventures, Software, KKR, Compensated emancipation, AP, CDPQ, Business administration, Cornell University, Harvard Business School, SAP, University, IPO, Royal, Risk management, Culture, PKS, Growth, Allied Universal, MBA, SAP AG, Event management software, Partner, AJ, Tech, Management

CHARLOTTE, N.C., March 26, 2024 (GLOBE NEWSWIRE) -- AvidXchange Holdings, Inc. (Nasdaq: AVDX), a leading provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers, today announced the appointment of two new Board members – Oni Chukwu and Arthur J. (“A.J.”) Rubado. Mr. Chukwu was elected by the Board to serve as a Class I director of the Company effective upon the resignation of Ms. Murdock. Mr. Rubado was elected by the Board to serve as Class III director of the Company effective upon the resignation of Mr. Harris. Messrs. Chukwu’s and Rubado’s terms will expire at the annual meeting of the Company’s stockholders to be held in 2025 and 2024, respectively. The appointments maintain the number of directors at nine, eight of whom are independent.

Key Points: 
  • Mr. Chukwu was elected by the Board to serve as a Class I director of the Company effective upon the resignation of Ms. Murdock.
  • Mr. Rubado was elected by the Board to serve as Class III director of the Company effective upon the resignation of Mr. Harris.
  • I wish them all the best,” stated Michael S. Praeger, Chairman and Chief Executive of AvidXchange Holdings, Inc.
    Concurrent with the aforementioned additions, AvidXchange announced that Matthew Harris and Wendy Murdock have resigned from the Board and any committees on which they served, effective March 21, 2024.
  • Both joined the AvidXchange Board, prior to the Company’s IPO, in connection with the Company’s institutional capital raises.

Sheppard Mullin Continues Private Equity Team Expansion With Partner Michael Wilson

Retrieved on: 
Mardi, avril 9, 2024
Professional Services, Legal, Finance, SBIC, Corporation, Private equity, Venture capital, Sale, Arlington Capital Partners, University, Small business, IBM, Investment company, Illinois College, Financial services

Sheppard, Mullin, Richter & Hampton LLP is pleased to announce that Michael Wilson has joined the firm as a partner in the Corporate practice group.

Key Points: 
  • Sheppard, Mullin, Richter & Hampton LLP is pleased to announce that Michael Wilson has joined the firm as a partner in the Corporate practice group.
  • Based in the Chicago office, Wilson is a highly regarded corporate transactional lawyer representing a variety of private equity and venture capital funds, particularly in the healthcare, technology and renewable energy industries.
  • Wilson handles mergers and acquisitions, debt finance transactions, venture capital transactions and general corporate matters for private equity funds and venture capital funds, startups and entrepreneurs, banks and non-bank lenders, and other public and private businesses.
  • He has significant private equity experience, including with small business investment companies (SBICs), representing funds and limited partners in portfolio investments, limited partner investments, fund formation and SBIC licensing.

Seward & Kissel Formalizes Private Credit Practice

Retrieved on: 
Mardi, avril 9, 2024
Professional Services, Other Professional Services, Legal, Finance, Consulting, Banking, Private credit, Negotiation, Real estate, Investment management, Private equity, Bankruptcy, Capital market, Investment, Security guard, Corporation, Bank

Seward & Kissel LLP announced today that it has formalized its Private Credit group to handle its growing work within the rapidly expanding private credit asset class, now valued at $1.6 trillion.

Key Points: 
  • Seward & Kissel LLP announced today that it has formalized its Private Credit group to handle its growing work within the rapidly expanding private credit asset class, now valued at $1.6 trillion.
  • The firm’s unrivaled experience in forming private credit funds provides unique value for private credit lenders across the entire life cycle of direct-lending funds.
  • “We regularly execute private credit transactions across various industries from food delivery services to medical staffing,” said Seward & Kissel Corporate Finance partner Sophia Agathis .
  • “This group formalizes our commitment to the private credit space and concentrates our knowledge in one interdisciplinary group for the benefit of asset managers, borrowers, and others involved in private credit transactions.”
    The new practice will reside within Seward & Kissel’s Corporate Finance practice and draw on the firm’s experience in areas including Investment Management, Credit Funds, Business Transactions, Capital Markets and Corporate Securities, Private Equity, Real Estate, Corporate Restructuring and Bankruptcy, and Tax.

Arvo Advisory launches as a new executive and strategic communication firm to help companies create value through strategy and story

Retrieved on: 
Vendredi, avril 5, 2024
Narrative, Research, Private equity, Venture capital, Entrepreneurship, Communication, Corporate communication, Coca-Cola, Business, Politics, University, Life, MoneyGram, MCI, Key, Strategic communication, UPS, Collection, Transaction, Management

DALLAS, April 5, 2024 /PRNewswire/ -- Arvo Advisory, a boutique consulting and executive communication firm, officially launches today.

Key Points: 
  • DALLAS, April 5, 2024 /PRNewswire/ -- Arvo Advisory, a boutique consulting and executive communication firm, officially launches today.
  • The firm has developed an innovative model by building a team that combines corporate strategists with executive communication leaders and public relations experts to create value for clients.
  • Key service offerings include Strategic Narrative Development, Executive Communication Support, Transaction and Turnaround Advisory, Public Relations, and Strategic Communication.
  • Clients consist of Chief Executive Officers, Chief Financial Officers, Chief Strategy Officers, and Chief Communication Officers in addition Private Equity and Venture Capital firms.

Choate Welcomes Three Private Equity Partners

Retrieved on: 
Mercredi, mars 13, 2024
Partner, Growth, Private equity, Lowenstein Sandler, Ropes & Gray, Chambers and Partners, Chairperson, Equity (finance), Financial services

BOSTON, March 13, 2024 (GLOBE NEWSWIRE) -- Choate Hall & Stewart announced today that Chris Henry, Andy Erdmann, and Sabrina Cua joined the Firm as partners in its Private Equity Group.

Key Points: 
  • BOSTON, March 13, 2024 (GLOBE NEWSWIRE) -- Choate Hall & Stewart announced today that Chris Henry, Andy Erdmann, and Sabrina Cua joined the Firm as partners in its Private Equity Group.
  • Andy and Sabrina, also formerly partners at Lowenstein Sandler, bring an additional combined 30 years of experience in private equity, public M&A and capital markets transactions.
  • Choate has extensive experience in private equity (including launching one of the first private equity funds in the early 1980s) and has a reputation for being strategic, commercially minded, and results oriented.
  • We are excited to introduce our clients to Choate, and to add to the growth of the Private Equity practice.”

VCI Global Announces Plans to Accelerate Revenue Growth and Advance AI Innovations

Retrieved on: 
Mercredi, mars 13, 2024
Research, VW, Private equity, Cox Communications, Knowledge, Lufthansa, Capital market, Corporate finance, Silicon, GameStop, BMW, PwC, VCI, Fortune 500, Adobe, Intelligence cycle, Machine learning, Management

These New York and London offices will be led by the recently appointed Group Executive Director, Marco Baccanello.

Key Points: 
  • These New York and London offices will be led by the recently appointed Group Executive Director, Marco Baccanello.
  • He is an accomplished Corporate Finance and Private Equity executive, specializing in advising fast growing technology companies on financing, growth strategies and merger and acquisitions.
  • The management is confident that these expansion plans will fuel accelerated revenue growth as the business continues to expand.
  • VCI Global’s AI R&D Center aims to nurture potential unicorn businesses, enhancing its future value proposition.