Search Results for: shareholder value

AuditBoard Agrees to be Acquired by Hg for Over $3 Billion
Compliance management News Risk Management

AuditBoard Agrees to be Acquired by Hg for Over $3 Billion

Business Wire
Hg, a leading investor in European and transatlantic software and services businesses, will help fuel further growth at AuditBoard, as the company continues to expand its platform and global reach. AuditBoard, a leading connected risk platform transforming audit, risk, compliance and ESG management, announces that it has reached an agreement......
Metropolis Closes $1.8 Billion Financing and Completes Transformational Take-Private of SP Plus Corporation
Artificial Intelligence Fintech News

Metropolis Closes $1.8 Billion Financing and Completes Transformational Take-Private of SP Plus Corporation

PR Newswire
Acquisition solidifies Metropolis as the largest parking network and operator in North America with more than 4,000 locations and over 20,000 employees Metropolis will deploy its AI technology to more than 50 million consumers, processing over $4 billion in payments a year Funding was led by Eldridge Industries with significant investment from BDT &......
SRAX Signs Agreement to Merge with DNA Holdings
Finance Fintech News

SRAX Signs Agreement to Merge with DNA Holdings

GlobeNewswire
SRAX Inc., a financial technology company that unlocks data and insights for publicly traded companies through its SaaS platform Sequire, announced today it has entered into a definitive merger agreement with DNA Holdings Venture Inc. pursuant to which the shareholders of DNA will become the majority owners of SRAX’s outstanding......
Permira to Acquire Majority Position in BioCatch at $1.3bn Valuation
Fintech News

Permira to Acquire Majority Position in BioCatch at $1.3bn Valuation

PR Newswire
Permira Growth Opportunities Transaction builds on initial minority investment made in early 2023 to acquire a majority position and support BioCatch’s accelerated growth within online fraud detection and financial crime prevention BioCatch (the “Company”), the global leader in digital fraud detection and financial crime prevention powered by behavioral biometric intelligence,......
Aurionpro Solutions Acquires arya.ai, to Power Next Generation Enterprise AI Platforms for Financial Institutions
Banking News

Aurionpro Solutions Acquires arya.ai, to Power Next Generation Enterprise AI Platforms for Financial Institutions

PR Newswire
Aurionpro Solutions Limited announces the acquisition of Banking and Insurance focused PaaS startup, Arya.ai. With Arya.ai, Aurionpro will enhance its portfolio of enterprise fintech offerings to expedite adoption of AI that is responsible, accurate, and auditable. Aurionpro Solutions Ltd. will acquire a majority stake (67%) in Arya.ai. This acquisition will......
Scotiabank Accelerates its Cloud Adoption Strategy Through an Expanded Partnership with Google Cloud
Cloud News Security

Scotiabank Accelerates its Cloud Adoption Strategy Through an Expanded Partnership with Google Cloud

PR Newswire
The Bank will leverage Google Cloud technology to enhance client and employee experience, strengthen Bank security, and adopt new technologies, like generative AI, more quickly. Scotiabank announced an expanded partnership with Google Cloud, naming it the enterprise cloud platform of choice for the next phase of the Bank’s cloud acceleration......
AGMH Enters Strategic Partnership with AI Service Provider RDA to Construct AI Data Centers
Fintech News

AGMH Enters Strategic Partnership with AI Service Provider RDA to Construct AI Data Centers

PR Newswire
Under the MOU, RDA will strategically collaborate with AGMH to pioneer innovative initiatives in constructing AI hyper-connected GPU-driven data centers. Leveraging RDA’s advanced Digital-twin platform and Company’s purpose-built data centers for AI workloads, the partnership aims to validate designs, optimize predictions, improve PUE, and enable intelligent monitoring. AGM Group Holdings,......
Climate First Bank Initiates Next Phase of Growth with Capital Raise Season
Banking News

Climate First Bank Initiates Next Phase of Growth with Capital Raise Season

GlobeNewswire
These plans come after the company announced reaching over $540 million in assets in its 2024 Annual Shareholder Letter and more recently exceeding $600 million in assets. Climate First Bank, the world’s first FDIC-insured community bank founded to combat the climate crisis, announces, through its holding company Climate First Bancorp,......
Airspan-to-Receive-Up-to-$95-Million-in-New-Equity-Financing-and-Eliminate-All-Existing-Funded-Debt
Finance Fintech News

Airspan to Receive Up to $95 Million in New Equity Financing and Eliminate All Existing Funded Debt

Business Wire
Airspan has received a commitment from Fortress affiliates for over $53 million in debtor-in-possession financing, which combined with the Company’s cash on hand, is expected to provide sufficient capital during the restructuring process to support Airspan’s operations. Airspan Networks Holdings Inc. (NYSE American: MIMO) (“Airspan” or the “Company”), a provider......
BNY-Mellon-Alcentra-Global-Credit-Income-2024-Target-Term-Fund,-Inc.-Declares-Monthly-Distribution
Fintech Investments News

BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. Declares Monthly Distribution

Business Wire
The Fund intends to pay most, but likely not all, of its net income to common shareholders in monthly income dividends. On March 27, 2024, BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. (NYSE: DCF) declared a distribution of $0.035 per share of common stock, payable on April 25,......
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