DACH

atNorth Announce Camilla O'Leary as Sales Director for Denmark and the DACH region as Expansion Strategy Continues

Retrieved on: 
Thursday, February 29, 2024

BALLERUP, Denmark, Feb. 29, 2024 /PRNewswire/ -- atNorth, the leading Nordic colocation, high-performance computing, and artificial intelligence service provider, has announced the appointment of Camilla O'Leary as Sales Director for Denmark and the DACH region. With over ten years' experience in the data center and power industry, Camilla will be tasked with driving new sales and revenue growth in Denmark and the DACH region - a key geographic territory for atNorth.

Key Points: 
  • BALLERUP, Denmark, Feb. 29, 2024 /PRNewswire/ -- atNorth, the leading Nordic colocation, high-performance computing, and artificial intelligence service provider, has announced the appointment of Camilla O'Leary as Sales Director for Denmark and the DACH region.
  • With over ten years' experience in the data center and power industry, Camilla will be tasked with driving new sales and revenue growth in Denmark and the DACH region - a key geographic territory for atNorth.
  • The hire is part of atNorth's ongoing growth strategy as the demand for cost efficient and sustainable digital infrastructure continues to rise.
  • Camilla has significant industry experience coupled with a customer-centric approach and proven track record of developing and maintaining long term customer relationships.

Ivalua Announces Winners from its 2023 Partner Awards

Retrieved on: 
Tuesday, February 27, 2024

REDWOOD CITY, Calif., Feb. 27, 2024 /PRNewswire/ -- Ivalua, a global leader in spend management, today announced the winners from its annual global partner awards. The awards recognize contribution and impact to Ivalua's success based on joint business development and expansion of certified consultants.

Key Points: 
  • REDWOOD CITY, Calif., Feb. 27, 2024 /PRNewswire/ -- Ivalua , a global leader in spend management, today announced the winners from its annual global partner awards.
  • The awards recognize contribution and impact to Ivalua's success based on joint business development and expansion of certified consultants.
  • Global Partner of the Year: KPMG, which has been recognized as the Global Partner of the Year for six consecutive years.
  • I'd like to thank all of them and congratulate the winners of this year's awards," said Gabriel Giret, VP Global Alliances & Academy at Ivalua.

Fiera Capital Strengthens European Presence With New Office in Switzerland Following the Implementation of its New Regionalized Distribution Model

Retrieved on: 
Wednesday, February 21, 2024

MONTREAL, Feb. 21, 2024 /PRNewswire/ - Fiera Capital ("Fiera Capital" or the "Company"), a leading independent asset management firm, has announced the opening of its first office in Switzerland further to the implementation of its new regionalized distribution model.

Key Points: 
  • MONTREAL, Feb. 21, 2024 /PRNewswire/ - Fiera Capital ("Fiera Capital" or the "Company"), a leading independent asset management firm, has announced the opening of its first office in Switzerland further to the implementation of its new regionalized distribution model.
  • Certain of the activities to be conducted from the new Swiss office are subject to regulatory approval by FINMA, the Swiss Financial Services Market Supervisory Authority.
  • Establishing a dedicated local presence will enable Fiera Capital to develop and further refine its customized offerings for new and existing institutional and private clients in the region.
  • "With our expansion into Zurich, we not only reaffirm our commitment to the European market but also demonstrate the agility inherent in our newly established regionalized distribution model.

Microsoft UK collaborates with the Digital Revolution Awards

Retrieved on: 
Friday, February 16, 2024

The Digital Revolution Awards has announced Microsoft as the first of its sponsors for its 2024 edition.

Key Points: 
  • The Digital Revolution Awards has announced Microsoft as the first of its sponsors for its 2024 edition.
  • And now, Microsoft will be supporting the Outstanding Contribution to the Microsoft Community category.
  • “The Digital Revolution Awards has become a prestigious event for Microsoft customers and professionals that work with our products around the world,” said Rob Smithson, UK Business Applications Lead at Microsoft.
  • “It offers a perfect chance to celebrate what they have achieved using cloud technology and we’re delighted with this new partnership.”
    “We’re thrilled to welcome Microsoft on board for this year’s awards,” added Kashif Naqshbandi, Chief Marketing Officer and co-founder of the Digital Revolution Awards.

Commerzbank increases net profit for 2023 to €2.2 billion – Strategy is delivering

Retrieved on: 
Thursday, February 15, 2024

On this basis, we will achieve a further increase in net profit for the current year”, said CEO Manfred Knof.

Key Points: 
  • On this basis, we will achieve a further increase in net profit for the current year”, said CEO Manfred Knof.
  • Net interest income rose by a third to €8.368 billion (2022: €6.459 billion), while net commission income was slightly down at €3.386 billion (2022: €3.519 billion).
  • Net profit also rose accordingly: compared to the previous year, net profit after taxes and minority interests increased by 55% to €2.224 billion (2022: €1.435 billion).
  • Revenues amounted to €1.106 billion (Q3 2023: €1.171 billion); the operating result totalled €508 million (Q3 2023: €644 million).

EQS-News: Commerzbank increases net profit for 2023 to €2.2 billion – Strategy is delivering

Retrieved on: 
Thursday, February 15, 2024

On this basis, we will achieve a further increase in net profit for the current year”, said CEO Manfred Knof.

Key Points: 
  • On this basis, we will achieve a further increase in net profit for the current year”, said CEO Manfred Knof.
  • Net interest income rose by a third to €8.368 billion (2022: €6.459 billion), while net commission income was slightly down at €3.386 billion (2022: €3.519 billion).
  • Net profit also rose accordingly: compared to the previous year, net profit after taxes and minority interests increased by 55% to €2.224 billion (2022: €1.435 billion).
  • Revenues amounted to €1.106 billion (Q3 2023: €1.171 billion); the operating result totalled €508 million (Q3 2023: €644 million).

Margins, Original Issue Discounts Tighten, Leverage Fell in Q4 European Direct Lending Market

Retrieved on: 
Friday, February 9, 2024

KBRA DLD, a division of KBRA Analytics, recently released its inaugural European Private Data Insights and Outlook report on the direct lending market.

Key Points: 
  • KBRA DLD, a division of KBRA Analytics, recently released its inaugural European Private Data Insights and Outlook report on the direct lending market.
  • The report takes a deep-dive look at fourth-quarter 2023, as well as provides an overview of full-year 2023.
  • Total leverage for buyouts inched upward for the first three quarters in 2023, then tightened to 4.3x in Q4.
  • Private Data Research library, the European Private Data library will grow in outstandings via private data submissions, tracking terms on European direct lending deals on a quarterly basis.

EQS-News: Deutsche Beteiligungs AG: High activity and continued progress

Retrieved on: 
Thursday, February 8, 2024

Deutsche Beteiligungs AG (DBAG) reported an eventful first quarter of the 2023/2024 financial year, during which it integrated ELF Capital Group following a majority takeover.

Key Points: 
  • Deutsche Beteiligungs AG (DBAG) reported an eventful first quarter of the 2023/2024 financial year, during which it integrated ELF Capital Group following a majority takeover.
  • With this investment, DBAG has strengthened its position as a financing partner to mid-sized enterprises and is now even better placed to serve their financing needs.
  • DBAG has also received high approval for its updated distribution policy, which provides for a stable dividend of at least 1.00 euro for each DBAG share entitled to dividends.
  • Deutsche Beteiligungs AG (“DBAG”) has been listed since 1985 and is one of the most renowned private equity firms in Germany.

FloQast Achieves $100M in Annual Recurring Revenue, Rides Global Momentum into 2024

Retrieved on: 
Tuesday, February 6, 2024

This accomplishment marks a transformative year for FloQast, highlighted by an expanding customer roster, international expansion, and numerous accolades.

Key Points: 
  • This accomplishment marks a transformative year for FloQast, highlighted by an expanding customer roster, international expansion, and numerous accolades.
  • "Reaching the $100M ARR milestone is a testament to the incredible dedication and hard work of the entire FloQast team,” said Mike Whitmire, co-founder and CEO at FloQast, CPA.
  • Educational Initiatives: FloQast launched free public CPE/CPD courses through FloQademy , providing valuable educational and entertaining resources for accounting professionals.
  • Culture Building: FloQast is hosting FloQast GO 2024 in Las Vegas from February 5-8, an all-company kickoff event filled with fun activities and educational sessions for the entire FloQast team.

EQS-News: Significant growth in sales and margins in Q1 2023/24 // Disproportionate cloud growth // First in class for SAP cloud business

Retrieved on: 
Monday, February 5, 2024

In Q1 2023/24, the Group generated sales of EUR 133.8 million, up 11% compared to the prior-year result of EUR 120.4 million.

Key Points: 
  • In Q1 2023/24, the Group generated sales of EUR 133.8 million, up 11% compared to the prior-year result of EUR 120.4 million.
  • We are now the leading SAP cloud partner in Central Europe.
  • Which basically means that we were the strongest partner in terms of sales of SAP cloud solutions in Central Europe in 2023.
  • Specifically, that means we have converted more companies to SAP S/4HANA with the Bluefield™ approach than any other SAP partner the world over.