YOY

Re-Bath Inks Signed Agreement in Miami with Existing Franchisee, Expands Florida Portfolio

Retrieved on: 
Wednesday, March 27, 2024

MIAMI, March 27, 2024 /PRNewswire/ -- Re-Bath, the nation's largest complete bathroom remodeling franchise, has announced a signed agreement in Florida that will cover Miami and all surrounding communities in Dade County. Re-Bath currently has 11 locations operating in Florida and is set to venture into even more new markets within the state, and throughout the East Coast. With large retailer partnerships contributing to the brand's growth and market share gains driving a nearly 31% YOY increase in systemwide sales, prospective franchisees are flocking to the Re-Bath franchise opportunity.

Key Points: 
  • MIAMI, March 27, 2024 /PRNewswire/ -- Re-Bath , the nation's largest complete bathroom remodeling franchise, has announced a signed agreement in Florida that will cover Miami and all surrounding communities in Dade County.
  • Spearheading the brand's expansion across Florida is experienced franchisee Joel Dichi, who has been with the brand since July 2020.
  • He and his wife then moved to Miami to diversify their portfolio and began purchasing properties for renovation.
  • When COVID hit, Dichi decided that it was time for his next investment, so he purchased two existing Re-Bath locations in Fort Lauderdale and West Palm Beach, Florida.

Prime IV Hydration & Wellness Named One of North America's Fastest-Growing Franchises

Retrieved on: 
Monday, March 25, 2024

COLORADO SPRINGS, Colo., March 25, 2024 /PRNewswire/ -- Prime IV Hydration and Wellness, the nation's leading and fastest-growing IV therapy franchise, was named one of the Fastest-Growing Franchises in North America for 2024 by Entrepreneur magazine; who releases the ranking annually. The listing comes not long after Prime IV made public their record year of franchise growth and development in 2023. 

Key Points: 
  • COLORADO SPRINGS, Colo., March 25, 2024 /PRNewswire/ -- Prime IV Hydration and Wellness , the nation's leading and fastest-growing IV therapy franchise, was named one of the Fastest-Growing Franchises in North America for 2024 by Entrepreneur magazine; who releases the ranking annually.
  • The listing comes not long after Prime IV made public their record year of franchise growth and development in 2023.
  • "The Prime IV name is beginning to adorn an increasing number of franchise rankings, offering validation to the incredible strides our team has taken to advance not only our franchise opportunity, but the IV modality as a whole," said Amy Neary, CEO of Prime IV Hydration & Wellness.
  • Those wanting to connect with the Prime IV team to further explore the brand's franchise opportunity are encouraged to email [email protected] with any questions they may have, or to visit primeivhydration.com/franchising for more information.

World Data Center Colocation Market Outlook and Investment Prospects Report 2024: Cloud and Technology Companies Continue to Dominate the Global Demand for Data Center Capacity Uptake

Retrieved on: 
Thursday, March 21, 2024

DUBLIN, March 21, 2024 /PRNewswire/ -- The "Worldwide Data Center Colocation Market - Investment Prospects in 9 Regions and 51 Countries" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, March 21, 2024 /PRNewswire/ -- The "Worldwide Data Center Colocation Market - Investment Prospects in 9 Regions and 51 Countries" report has been added to ResearchAndMarkets.com's offering.
  • Cloud and technology companies continued to dominate the global demand for data center capacity uptake - digitalization initiatives by public and private sector organizations and data localization laws further fuel colocation across Industry verticals.
  • The U.S. and China markets continued to dominate the worldwide data center colocation market in terms of colocation revenue and investments across the globe.
  • Brazil takes the lead as the dominant data center colocation market in Latin America, commanding over 45% of the region's investments.

Capstone Partners Reports: Middle Market M&A Valuations Soften, Market Participants are Optimistic for a Recovery in 2024

Retrieved on: 
Thursday, March 21, 2024

BOSTON, March 21, 2024 /PRNewswire/ -- Capstone Partners, a leading middle market investment banking firm, released its 2023 Middle Market M&A Valuations Index, reporting that while equity markets largely shrugged off the rapid succession of interest rate hikes in 2023, middle market merger and acquisition (M&A) valuations experienced downward pressure.

Key Points: 
  • BOSTON, March 21, 2024 /PRNewswire/ -- Capstone Partners, a leading middle market investment banking firm, released its 2023 Middle Market M&A Valuations Index, reporting that while equity markets largely shrugged off the rapid succession of interest rate hikes in 2023, middle market merger and acquisition (M&A) valuations experienced downward pressure.
  • While business owners encountered a challenging valuation environment, several bright spots of the market have provided optimism for resilience and recovery in transaction value in 2024.
  • Buyers demonstrated heightened discipline in middle market M&A processes in 2023, refraining from overextending themselves to acquire target companies.
  • This may have coincided with buyers moving to lower levels of the middle market, a common occurrence amid market uncertainty.

Capstone Partners Reports: Consumer M&A Market Prepares for a Rebound in 2024

Retrieved on: 
Wednesday, March 20, 2024

BOSTON, March 20, 2024 /PRNewswire/ -- Capstone Partners, a leading middle market investment banking firm, released its 2023 Annual Consumer M&A Report, which shares insights into public market valuations, the macroeconomic climate, merger and acquisition (M&A) activity, and an outlook for 2024 industry activity.

Key Points: 
  • BOSTON, March 20, 2024 /PRNewswire/ -- Capstone Partners, a leading middle market investment banking firm, released its 2023 Annual Consumer M&A Report, which shares insights into public market valuations, the macroeconomic climate, merger and acquisition (M&A) activity, and an outlook for 2024 industry activity.
  • Consumers demonstrated a willingness and capacity to spend on goods and services throughout the year, while market participants continued to miss the mark on when consumer savings would be depleted.
  • Also included in this report:
    How M&A volumes and public market valuations in the Consumer industry fared in 2023.
  • What trends are driving M&A activity across the Consumer industry and a breakdown of each of the 12 highlighted sectors.

C4ISR Market size to grow by USD 30.22 billion, North America to occupy 39% market share, Technavio

Retrieved on: 
Friday, March 15, 2024

Barriers to adopting new technology and equipment hinder C4ISR market growth.

Key Points: 
  • Barriers to adopting new technology and equipment hinder C4ISR market growth.
  • The US Department of Defense invests significantly in C4ISR systems due to evolving warfare needs, emphasizing IT skills in defense.
  • The command and control systems market size is estimated to grow at a CAGR of 3.3% between 2023 and 2028.
  • The synthetic aperture radar (SAR) market is estimated to grow at a CAGR of 7.56% between 2022 and 2027.

Capstone Partners Reports: Industrials M&A Demonstrates Defensibility Amid Macroeconomic Headwinds

Retrieved on: 
Wednesday, March 13, 2024

With extensive knowledge and transaction experience , Capstone Partners' Industrials Investment Banking Team provides unique commentary on nine key sectors: Chemicals, Engineered Products, Environmental Health & Safety, HVAC, Industrial & Environmental Services, Metals & Metals Processing, Packaging, Precision Manufacturing, and Waste & Recycling.

Key Points: 
  • With extensive knowledge and transaction experience , Capstone Partners' Industrials Investment Banking Team provides unique commentary on nine key sectors: Chemicals, Engineered Products, Environmental Health & Safety, HVAC, Industrial & Environmental Services, Metals & Metals Processing, Packaging, Precision Manufacturing, and Waste & Recycling.
  • Public market valuations in the Industrials industry for 2023 were relatively muted to begin the year, as interest rates rose, and the prospect of a hard landing caused a continued pullback.
  • Also included in this report:
    How M&A volumes and public market valuations in the Industrials industry fared in 2023.
  • What trends are driving M&A activity across the Industrials industry and a breakdown of each of the nine highlighted sectors.

Sivers Semiconductors announces an expanded loan facility of SEK 50 million

Retrieved on: 
Monday, March 11, 2024

KISTA, Sweden, March 11, 2024 /PRNewswire/ -- Sivers Semiconductors AB (STO: SIVE), (the "Company"), a leading supplier of integrated chips and modules for the most advanced communications and sensor solutions, has, according to previous communication in connection with the 2023 fourth-quarter report, agreed to entered into a loan agreement with Formue Nord and partners extending the previous SEK 75 million facility. The new SEK 50 million loan facility includes a SEK 35 million convertible loan at a fixed conversion rate of 4.86 SEK, corresponding to 125% of the closing price for the Company's ordinary shares on Nasdaq Stockholm on 8 March 2023. The Company anticipates this financing, and its own cash flow will fully address funding for at least 2024, without the need for any further capital contributions from shareholders. 

Key Points: 
  • The new SEK 50 million loan facility includes a SEK 35 million convertible loan at a fixed conversion rate of 4.86 SEK, corresponding to 125% of the closing price for the Company's ordinary shares on Nasdaq Stockholm on 8 March 2023.
  • "With this new loan facility, we have now secured our funding base, providing us with the resources needed to meet market demands.
  • The directed convertible issue is a prerequisite for obtaining the SEK loan facility.
  • With innovation at our core, Sivers Semiconductors is committed to delivering bespoke, high-performance solutions for a better-connected and safer world.

Research Dynamics: Report on CPH: FY2023 earnings update

Retrieved on: 
Wednesday, March 13, 2024

This report is published by Research Dynamics, an independent research boutique

Key Points: 
  • This report is published by Research Dynamics, an independent research boutique
    In FY2023, the CPH Group (CPH) achieved net sales of CHF 624.0 mn, corresponding to a 14.0% decrease year-on-year (YoY), or -10.4% when adjusted for currency impacts.
  • In October 2023, CPH Group utilized its existing cash balances to fully settle its CHF 100.0 mn corporate bond upon maturity.
  • In FY2023, CPH invested CHF 35.0 mn in fixed assets to boost capacities in its Chemistry and Packaging divisions and improve efficiency across all three divisions.
  • Despite the industry demand down by 21.0% in newsprint and -24% in magazine papers in FY2023, the CPH sold 371,000 tonnes of paper in 2023.

Playtika Holding Corp. Reports Q4 and 2023 Financial Results

Retrieved on: 
Monday, February 26, 2024

HERZLIYA, Israel, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Playtika Holding Corp. (NASDAQ: PLTK) today released financial results for its fourth quarter and fiscal year ended December 31, 2023.

Key Points: 
  • 2023 Q4 Revenue Increased 1.1% YOY; DTC Platforms Revenue Increased 7.6% YOY
    HERZLIYA, Israel, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Playtika Holding Corp. (NASDAQ: PLTK) today released financial results for its fourth quarter and fiscal year ended December 31, 2023.
  • Fourth Quarter 2023 Financial Highlights:
    Revenue of $637.9 million increased 1.2% sequentially and 1.1% year over year.
  • Playtika management will host a conference call at 5:30 a.m. Pacific Time (8:30 a.m. Eastern Time) today to discuss the company’s results.
  • Summary Operating Results of Playtika Holding Corp.
    Three months ended December 31,