Valuation

AI Security Market Fuels a $60M Growth Round for Unicorn BigID to Accelerate AI Data Security Innovation and Power Acquisitions

Retrieved on: 
Monday, March 18, 2024

NEW YORK, March 18, 2024 /PRNewswire/ -- BigID, the pioneer in AI-augmented data security, compliance and privacy for modern cloud-first enterprises, today announced that it closed a $60 million growth round led by Riverwood Capital with participation by Silver Lake Waterman and Advent.

Key Points: 
  • Before BigID was launched into the market in 2018, data security products were purpose-built for specific data types.
  • The company has since pioneered the concept of universal data security, compliance and privacy across any data type - including structured, unstructured and semi-structured - across environments in the public cloud, SaaS, and on-premise data center.
  • Given BigID's extensible platform, it has helped drive customer ROI as enterprises build out their modern data infrastructure.
  • With this latest funding, BigID aims to accelerate both organic and inorganic expansion in AI data security and compliance.

Aegros Limited proposes to issue debentures in a series of tranches up to an aggregate face value of AUD25 million for subscription by investors

Retrieved on: 
Tuesday, March 12, 2024

The existing Investors will have 4 weeks to provide credit approvals to the Borrower.

Key Points: 
  • The existing Investors will have 4 weeks to provide credit approvals to the Borrower.
  • If Investors do not provide approvals within this timeframe, the Borrower may approach new Investors to provide the facility
    Availability is subject to the Borrowing Base calculated as follows:
    A = 85% of the non-equipment R&DTOR which has been accrued but not yet received as detailed in the Review Letter.
  • C = Any clawback amount advised by the ATO or taxes otherwise due to the ATO.
  • D = Orderly Liquidation Value of Property, Plant & Equipment per the Valuation Report
    The Borrower may repay the Facility upon giving no less than 2 Business Days' notice.

Gladstone Group Enhances M&A Services with Gold-Standard Valuation Accreditation and Strategic Executive Addition

Retrieved on: 
Thursday, February 22, 2024

Gladstone Group (“Gladstone”), a leading specialist in financial services mergers and acquisitions (M&A), strategic growth consulting, and executive search, is expanding its Valuation division to include accredited valuations now that one of its analysts achieved the gold standard Certified Valuation Analyst (CVA) designation.

Key Points: 
  • Gladstone Group (“Gladstone”), a leading specialist in financial services mergers and acquisitions (M&A), strategic growth consulting, and executive search, is expanding its Valuation division to include accredited valuations now that one of its analysts achieved the gold standard Certified Valuation Analyst (CVA) designation.
  • In addition to Gladstone’s valuation expansion, the firm recently hired Michael Spatacco, Jr. , as the firm’s director of corporate development.
  • "Michael's deep market insights and strategic vision are precisely what we need to drive our next phase of growth.
  • Gladstone invites clients and industry professionals to explore the benefits of its newly accredited valuation services and to meet the expanded team.

KBRA Assigns Preliminary Rating to Kobalt Music Assets LP, Series 2024-1

Retrieved on: 
Tuesday, February 20, 2024

KBRA assigns preliminary rating to one class of notes issued by Kobalt Music Assets LP, Series 2024-1 (Kobalt 2024-1), a music royalty ABS transaction.

Key Points: 
  • KBRA assigns preliminary rating to one class of notes issued by Kobalt Music Assets LP, Series 2024-1 (Kobalt 2024-1), a music royalty ABS transaction.
  • Kobalt Music Assets LP (the Issuer) represents Kobalt Music Group’s first music royalty securitization.
  • Royalty payments from the Catalog are all from musical compositions and musical publishing rights.
  • An independent third-party valuation firm determined a valuation of $410.0 million as of September 30, 2023 for the Catalog using a discounted cash flow method.

Semiconductor Industry Report Released from Ocean Tomo, a Part of J.S. Held

Retrieved on: 
Thursday, March 7, 2024

JERICHO, N.Y., March 7, 2024 /PRNewswire-PRWeb/ -- Global consulting firm J.S. Held, proudly celebrating 50 transformative years, announces the collaboration between financial, technical, scientific, and risk experts with the intellectual property experts at Ocean Tomo, a part of J.S. Held to release the inaugural report on the Semiconductor industry. The Semiconductor Industry Report, available here: https://oceantomo.com/download-semiconductor-report/, provides an in-depth analysis focused on the demand drivers, technological innovation, material science advancements, and geopolitical risks impacting stakeholders in this industry.

Key Points: 
  • Held, Semiconductor Industry Report explores the complex interplay between technological innovation, mineral supply chain risk, fabrication capabilities, and geopolitical uncertainty impacting this important industry.
  • Held to release the inaugural report on the Semiconductor industry.
  • The Semiconductor Industry Report, available here: https://oceantomo.com/download-semiconductor-report/ , provides an in-depth analysis focused on the demand drivers, technological innovation, material science advancements, and geopolitical risks impacting stakeholders in this industry.
  • The Semiconductor Industry Report provides an in-depth analysis focused on the demand drivers, technological innovation, material science advancements, and geopolitical risks impacting stakeholders in this industry.

Opteon CEO Named 2024 Valuation Visionary

Retrieved on: 
Tuesday, February 20, 2024

TOLEDO, Ohio, Feb. 20, 2024 /PRNewswire/ -- Opteon, a leading global appraisal management company (AMC) and staff appraisal firm, announced today that Chris Knight, Opteon's Chief Executive Officer, has been chosen as the 2024 Valuation Visionary honoree by the Collateral Risk Network (CRN).

Key Points: 
  • TOLEDO, Ohio, Feb. 20, 2024 /PRNewswire/ -- Opteon , a leading global appraisal management company (AMC) and staff appraisal firm, announced today that Chris Knight, Opteon's Chief Executive Officer, has been chosen as the 2024 Valuation Visionary honoree by the Collateral Risk Network (CRN).
  • Knight is the 15th recipient of the Valuation Visionary award and will be presented with the award during the CRN event at Valuation Expo 2024.
  • Joan Trice, Founder and President of the CRN states, "Chris Knight is a visionary in the appraisal industry.
  • This acquisition enhances ASG's ability to provide innovative valuation products and solutions and strengthens its position as a market leader in the appraisal tech industry.

Vertical Bridge Strengthens Leadership Team and Welcomes Two New Senior Vice Presidents

Retrieved on: 
Wednesday, February 14, 2024

BOCA RATON, Fla., Feb. 14, 2024 /PRNewswire-PRWeb/ -- Vertical Bridge REIT, LLC ("Vertical Bridge" or "the Company"), the largest private owner and operator of communications infrastructure in the United States, today announced the hiring of Allison Cannella and Peter Appel, effective February 12, 2024. Ms. Cannella joins as Senior Vice President and General Counsel, and Mr. Appel joins as Senior Vice President of Mergers & Acquisitions and Corporate Development.

Key Points: 
  • Ms. Cannella joins as Senior Vice President and General Counsel, and Mr. Appel joins as Senior Vice President of Mergers & Acquisitions and Corporate Development.
  • Mr. Appel is responsible for all portfolio acquisitions, joint ventures, and other strategic transactions for Vertical Bridge.
  • "Allison and Peter are great additions to our senior leadership team," said President and CEO, Ron Bizick.
  • "Vertical Bridge has established itself as a leader within the U.S. tower sector with a uniquely differentiated value proposition.

J.S. Held Intellectual Property Experts Role in Diverted Profits Tax Case in Australia - PepsiCo, Inc. v. Commissioner of Taxation [2023] FCA 1490

Retrieved on: 
Thursday, February 8, 2024

JERICHO, N.Y., Feb. 8, 2024 /PRNewswire-PRWeb/ -- Global consulting firm J.S. Held proudly announces that experts in the intellectual property (IP) practice, including Jim Malackowski, Greg Campanella, and Noor Al-Banna contributed to the case PepsiCo, Inc. v. Commissioner of Taxation [2023] FCA 1490 in the Federal Court of Australia.

Key Points: 
  • Held contributed to the case of PepsiCo, Inc. v. Commissioner of Taxation [2023] FCA 1490 on behalf of the Commissioner of Taxation who was successful in the proceedings.
  • Held proudly announces that experts in the intellectual property (IP) practice, including Jim Malackowski, Greg Campanella, and Noor Al-Banna contributed to the case PepsiCo, Inc. v. Commissioner of Taxation [2023] FCA 1490 in the Federal Court of Australia.
  • Diverted Profits Tax (DPT) is an area of focus for multinational enterprises and tax authorities.
  • This decision confirms PepsiCo, Inc. is liable for royalty withholding tax and, in the alternative, diverted profits tax would apply.

Power Nickel Raises $2,180,000, Outlines 2024 Plans

Retrieved on: 
Tuesday, January 9, 2024

It is expected in February that Power Nickel will announce the terms of the Plan of Arrangement and complete it in Q2.

Key Points: 
  • It is expected in February that Power Nickel will announce the terms of the Plan of Arrangement and complete it in Q2.
  • At that time, we would expect to have fully funded the spinout initial plans privately while unassociated with the Power Nickel balance sheet.
  • Power Nickel plans to sell both a 10% stake in the Company and a 10% offtake agreement on the production from any future mine at Nisk during H1 of 2024.
  • Together, we look forward to a very exciting and big year," added Power Nickel CEO Terry Lynch.

Landmark 10th edition of the PropertyGuru Asia Property Awards (Mainland China, Hong Kong, Macau) elevates preeminent developers, designers

Retrieved on: 
Monday, December 11, 2023

BANGKOK, THAILAND, Dec 11, 2023 - (ACN Newswire) - The PropertyGuru Asia Property Awards (Mainland China, Hong Kong, Macau) programme today celebrated its milestone 10th edition, honouring a broad spectrum of achievements in real estate development, architecture, and design.

Key Points: 
  • BANGKOK, THAILAND, Dec 11, 2023 - (ACN Newswire) - The PropertyGuru Asia Property Awards (Mainland China, Hong Kong, Macau) programme today celebrated its milestone 10th edition, honouring a broad spectrum of achievements in real estate development, architecture, and design.
  • The 2023 edition of the Awards presented 29 golden statuettes to exceptional development and design firms in Mainland China and the Greater Bay Area.
  • Jeremy Williams, managing director, Marketplaces, PropertyGuru Group, said: "Congratulations to the recipients of our Awards in China.
  • In recognising these feats of creativity and ingenuity, the PropertyGuru Asia Property Awards amplify their impact on the millions of property seekers seeking to live, work, and thrive in tomorrow's cities.