Private equity

8i Enterprises Acquisition Corp. Announces Execution of Share Exchange Agreement with Diginex Limited

Retrieved on: 
星期三, 七月 10, 2019

Upon completion of the transaction, Diginex is anticipated to have an initial enterprise value of approximately $276 million[1].

Key Points: 
  • Upon completion of the transaction, Diginex is anticipated to have an initial enterprise value of approximately $276 million[1].
  • With their thoughtful ecosystem approach, we believe Diginex is well-positioned to continue unlocking opportunities and driving institutional adoption of blockchain technologies."
  • Under the terms of the agreement, JFK will acquire Diginex, with JFK continuing as the listed company on the Nasdaq Capital Market.
  • More information can be found at:
    About 8i Enterprises Acquisition Corp.
    8i Enterprises Acquisition Corp. is a British Virgin Islands company incorporated as a blank check company for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities.

Tower Arch Capital recognized as one of the Top 50 Founder-Friendly Private Equity Firms by Inc. Magazine

Retrieved on: 
星期二, 七月 9, 2019

SALT LAKE CITY, July 9, 2019 /PRNewswire/ --Tower Arch Capital has been ranked by Inc. Magazine as one of the best private equity firms for entrepreneurs.

Key Points: 
  • SALT LAKE CITY, July 9, 2019 /PRNewswire/ --Tower Arch Capital has been ranked by Inc. Magazine as one of the best private equity firms for entrepreneurs.
  • Inc. Magazine recently published its inaugural list of the "Top 50 Founder-Friendly Private Equity Firms."
  • Of the article, Dave Parkin, Co-Founder and Partner at Tower Arch Capital said, "We are pleased to be ranked on Inc.'s list of the best founder-friendly private equity firms.
  • Headquartered in Salt Lake City, UT, Tower Arch Capital is a lower-middle market private equity firm with over $700 million in assets under management.

Clough Global Opportunities Fund Update on Potential Rights Offering

Retrieved on: 
星期二, 七月 9, 2019

In June 2019 the Clough Global Opportunities Fund (the Fund) filed a preliminary registration statement with the Securities and Exchange Commission (SEC) relating to the offering of additional common shares of the Fund pursuant to a rights offering.

Key Points: 
  • In June 2019 the Clough Global Opportunities Fund (the Fund) filed a preliminary registration statement with the Securities and Exchange Commission (SEC) relating to the offering of additional common shares of the Fund pursuant to a rights offering.
  • If the Fund determines to pursue the rights offering, the final terms of the rights offering are subject to approval by the Funds Board of Trustees.
  • There is no assurance that the Fund will proceed with the rights offering.
  • The Clough Global Opportunities Fund is a closed-end fund and closed-end funds do not continuously issue shares for sale as open-end mutual funds do.

Appmosferic Launches with Strategic Growth Investment to Assist and Scale European Startups

Retrieved on: 
星期二, 七月 9, 2019

PANAMA CITY, July 9, 2019 /PRNewswire/ --Appmosferic today announced the launch of operations upon a successful merger and receipt of strategic growth investment from institutional investors.

Key Points: 
  • PANAMA CITY, July 9, 2019 /PRNewswire/ --Appmosferic today announced the launch of operations upon a successful merger and receipt of strategic growth investment from institutional investors.
  • Appmosferic, a newly formed services firm, combined businesses across mobile app development, website design and IT services to accelerate the way founders and early-stage companies quickly scale their unique mobile apps and software platforms.
  • With this merger and growth investment, Appmosferic is positioned to become a valuable outsourcing service initially aimed at European startup markets.
  • In today's growing global digital environment, many startups expanding abroad may not have the international resources to quickly and reliably meet or scale the digital dimensions of their business.

Info Tech® Announces Info Tech Ventures Program to Support Area Startups

Retrieved on: 
星期二, 七月 9, 2019

Info Tech, Inc., a leader in infrastructure construction software solutions and expert statistical and econometric consulting services, announced today the pilot launch of Info Tech Ventures, a program to support local tech startups by sharing access to the unprecedented talent of its employees.

Key Points: 
  • Info Tech, Inc., a leader in infrastructure construction software solutions and expert statistical and econometric consulting services, announced today the pilot launch of Info Tech Ventures, a program to support local tech startups by sharing access to the unprecedented talent of its employees.
  • Info Tech Ventures provides a unique opportunity for startups to have access to the companys greatest resource and center of its success: its employees.
  • Info Tech Ventures is the investment arm of Info Tech, providing early stage investment in the form of employee talent to support the development of software for Gainesville-born technology startups, Tom Rothrock, Info Tech Founder and Co-CEO, said.
  • Info Tech consists of two core businesses: Info Tech Systems and Info Tech Consulting.

Meet The Best Tech Companies From Central & Eastern Europe

Retrieved on: 
星期二, 七月 9, 2019

RetargetApp, the Ukrainian scaleup present also in the US outcompeted more than 350 companies fighting for an opportunity to win 1 million euro from Next Road Ventures fund.

Key Points: 
  • RetargetApp, the Ukrainian scaleup present also in the US outcompeted more than 350 companies fighting for an opportunity to win 1 million euro from Next Road Ventures fund.
  • Backed by TA Ventures and few business angels, RetargetApp was founded in 2013 in Kyiv and has been rapidly growing since then.
  • CEE Scaleup Challenge is a continuation of the series of online challenges organized by Vestbee that aims to fill the regional funding gap by building bridges between global investors and startups from Central & Eastern Europe.
  • The next edition of regional startup competition will start already in September gathering European startups and global investors under one online roof.

Meet The Best Tech Companies From Central & Eastern Europe

Retrieved on: 
星期二, 七月 9, 2019

RetargetApp, the Ukrainian scaleup present also in the US outcompeted more than 350 companies fighting for an opportunity to win 1 million euro from Next Road Ventures fund.

Key Points: 
  • RetargetApp, the Ukrainian scaleup present also in the US outcompeted more than 350 companies fighting for an opportunity to win 1 million euro from Next Road Ventures fund.
  • Backed by TA Ventures and few business angels, RetargetApp was founded in 2013 in Kyiv and has been rapidly growing since then.
  • CEE Scaleup Challenge is a continuation of the series of online challenges organized by Vestbee that aims to fill the regional funding gap by building bridges between global investors and startups from Central & Eastern Europe.
  • The next edition of regional startup competition will start already in September gathering European startups and global investors under one online roof.

Genstar Capital Announces Promotion of Sid Ramakrishnan to Principal

Retrieved on: 
星期二, 七月 9, 2019

SAN FRANCISCO, July 9, 2019 /PRNewswire/ --Genstar Capital ("Genstar"), a leading private equity firm focused on investments in targeted segments of the financial services, healthcare, industrial technology and software industries, announced today the promotion of Sid Ramakrishnan to Principal.

Key Points: 
  • SAN FRANCISCO, July 9, 2019 /PRNewswire/ --Genstar Capital ("Genstar"), a leading private equity firm focused on investments in targeted segments of the financial services, healthcare, industrial technology and software industries, announced today the promotion of Sid Ramakrishnan to Principal.
  • Mr. Ramakrishnan originally joined Genstar in 2012 as an Associate and re-joined the firm in 2017 as Vice President.Prior to re-joining, he wasChief of Staff to the CEO and Head of Corporate Strategy at AssetMark, a former Genstar portfolio company.
  • Ramakrishnan is a member of the Board of Directors of a number of Genstar portfolio companies, including Apex Group, Cetera Financial Group, Infinite Electronics, Prometheus Group, and Signant Health.
  • Genstar Capital is a leading private equity firm that has been actively investing in high quality companies for over 30 years.

ebm-papst joins partnership with Plug and Play, the world's largest innovation network

Retrieved on: 
星期二, 七月 9, 2019

SUNNYVALE, Calif. and FARMINGTON, Conn., July 9, 2019 /PRNewswire/ --ebm-papst, technology leader in fans and motors has entered into a partnership with Plug and Play, the world's largest global innovation startup accelerator platform.

Key Points: 
  • SUNNYVALE, Calif. and FARMINGTON, Conn., July 9, 2019 /PRNewswire/ --ebm-papst, technology leader in fans and motors has entered into a partnership with Plug and Play, the world's largest global innovation startup accelerator platform.
  • Established in 2006, Plug and Play brings together the best startups and the biggest corporations around the world through a series of industry-specific accelerator programs.
  • The Plug and Play IoT program is one of their oldest and most successful programs focused on the Internet of Things.
  • "Furthermore, we can use this global innovation platform to share ideas with visionary entrepreneurs who are at the top of the digital transformation."

Flare Capital Partners Promotes Vic Lanio to Principal

Retrieved on: 
星期二, 七月 9, 2019

Flare Capital Partners , a leading healthcare technology venture capital firm, today announced the promotion of Vic Lanio to principal.

Key Points: 
  • Flare Capital Partners , a leading healthcare technology venture capital firm, today announced the promotion of Vic Lanio to principal.
  • Vic has been a tremendous asset to our investment team and has shown a depth of understanding of the healthcare landscape that is impressive, said Michael Greeley, cofounder and partner, Flare Capital.
  • Vic joined Flare Capital in July 2017 as a Senior Associate, having also been a member of the Flare Scholar Class of 2016.
  • Just prior to joining Flare Capital, Vic was a Product Strategy Manager at naviHealth, responsible for enterprise product strategy during the integration of the legacy naviHealth, Curaspan and RightCare businesses.