Investment & Financing
KPS Capital Partners to Acquire Aluminum Rolling Business from Norsk Hydro ASA
Global Leader in Aluminum Rolling to Become Independent Company KPS to Leverage Successful Track Record Investing in Metals to Accelerate Growth NEW YORK, March 5, 2021 /PRNewswire/ -- KPS Capital Partners, LP ("KPS") today announced that it has signed a definitive agreement to acquire the globa...
CIMC Enric and Hexagon Purus establish hydrogen JVs, localizing world-class Type 4 hydrogen cylinders in China
SHENZHEN, China, March 5, 2021 /PRNewswire/ -- CIMC Enric Holdings Limited (" CIMC Enric" or "the Company", SEHK stock code: 3899.HK), announced that CIMC Hydrogen Energy, a wholly-owned subsidiary of the Company, has entered into Joint Venture (JV) agreements with Hexagon Purus HK to provide safe...
GracoRoberts Acquires Silmid to Significantly Expand Global Presence into UK and Europe and Become the Most Technically-Focused Aerospace Specialty Chemicals Distributor in the World
ARLINGTON, Texas, March 5, 2021 /PRNewswire/ -- GracoRoberts announced that it has entered into an agreement to acquire UK-based Silmid to forge the largest aerospace-focused and specification-driven specialty chemicals distributor around the globe. The winning combination, including theDecember ...
Soonicorn Sicepat Closing the Largest Series B in Southeast Asia with Total 170 Million USD Fundraising Round
JAKARTA, Indonesian, March 5, 2021 /PRNewswire/ -- Chinese New Year marks the closing for the SiCepat Series B Financing Round totaling170 Million USD, which makes this round the largest Series B inSoutheast Asia. Participants of this round are Falcon house Partners, Kejora Capital, DEG (the G...
REFASHIOND Ventures Announces New Rolling Fund on AngelList
NEW YORK, March 4, 2021 /PRNewswire/ -- REFASHIOND Ventures, an NYC-based, early-stage supply chain technology venture firm that invests in startups refashioning global supply chains, today announced the launch of a$10 million early stage Rolling Fund™ on AngelList. Co-founders and General Partn...
Jungle Scout Announces $110 Million in Growth Capital to Empower Ecommerce Brands
AUSTIN, Texas, March 4, 2021 /PRNewswire/ -- Jungle Scout, a leading all-in-one platform for selling on Amazon, today announced it has raised$110 million in growth capital, led bySummit Partners and Jungle Scout Founder & CEO Greg Mercer . The capital supports Jungle Scout's continued growth as th...
Aquarius Financial Technologies partners with CQG
LONDON and CHICAGO and DENVER, March 4, 2021 /PRNewswire/ -- Aquarius Financial Technologies Ltd. (Aquarius), a next generation trading technology provider, today announced a strategic partnership with CQG, a leading global provider of high-performance technology solutions for traders, brokers, c...
Abracon LLC Acquires AEL Crystals Ltd
SPICEWOOD, Texas, March 4, 2021 /PRNewswire/ -- Abracon LLC, (Abracon) today announced that it has completed the acquisition of AEL Crystals Ltd, a privately held frequency control supplier headquartered inSurrey, England. "We are excited to join these two frequency control companies together as ...
Fine Fragrance RE│IMAGINED: Firmenich and Central Saint Martins Project the Future Role of Fine Fragrance
GENEVA, March 4, 2021 /PRNewswire/ -- Firmenich, the world's largest privately-owned fragrance and taste company, has teamed up in an exclusive collaboration with world-renowned arts and design college Central Saint Martins inLondon to reimagine the future of fine fragrance. Twenty-one projects p...
ATIF Holdings Limited Announces 2021 Business Development Plan, Expecting High Growth During The Year
LOS ANGELES, March 3, 2021 /PRNewswire/ -- ATIF Holdings Limited (Nasdaq: ATIF, the "Group", "ATIF" or "We"), a holding group providing business and financial consulting services inAsia and North America, announced the Group's business development plan for the year of 2021, focusing on promoting ...
Volocopter Raises €200 Million in Series D Funding Round
BRUCHSAL, Germany, March 3, 2021 /PRNewswire/ -- Volocopter, the pioneer of urban air mobility (UAM), announced the signing of their Series D funding round today, raising €200 million in additional capital. Cumulatively, Volocopter has raised €322 million. The funding will be used to solidify Vol...
Cision Brings PR, Social Media Management and Digital Consumer Intelligence Together with Category-Defining Acquisition of Brandwatch
CHICAGO and BRIGHTON, England, March 3, 2021 /PRNewswire/ -- Cision, PR Newswire's parent company, announced onFebruary 26 that it has entered into a definitive agreement to acquire Brandwatch, a global leader in digital consumer intelligence and social media listening, for $450 million. This str...
Biotheus Announces the Closing of a New Round of Financing co-led by General Atlantic and IDG Capital
ZHUHAI, China, March 2, 2021 /PRNewswire/ -- Biotheus has announced the successful completion of a fourth round of financing, co-led by General Atlantic, a leading global growth equity investor, and IDG Capital, a global leading investment firm. Other new investors include Kunlun Capital, CPE, an...
KADDRA has officially integrated with XERO (ASX: XRO), providing the best end to end solution for SMEs to run their business
SINGAPORE, March 3, 2021 /PRNewswire/ -- Kaddra Pte Ltd ("Kaddra" or "Company") today announced the completion of its integration with global accounting software, XERO (ASX: XRO), to provide a fully automated sales-to-accounting flow for SMEs to improve their productivity and have the right tools...
FWD Group completes investment in BRI Life Indonesia
JAKARTA, Indonesia, March 3, 2021 /PRNewswire/ -- FWD Group ("FWD") today announced that it has completed its investment in a significant minority stake in PT Asuransi BRI Life ("BRI Life"), the life insurance arm of PT Bank Rakyat Indonesia (Persero) Tbk ("BRI"). As part of this investment, BRI ...
EVLOMO investing USD 50 million in setting up EV charging network across Thailand
MIAMI, March 3, 2021 /PRNewswire/ -- EVLOMO, Inc., a Florida based company working in EV sector has planned to roll-out network of EV chargers across Thailand, through its affiliate in Thailand, EVLOMO Technologies Co. Ltd. EVLOMO will establish wide network of charging stations, easily accessibl...
Global Cord Blood Corporation Announces Receipt of Unsolicited Non-Binding Acquisition Proposal
HONG KONG, March 2, 2021 /PRNewswire/ -- Global Cord Blood Corporation (NYSE: CO) ("GCBC" or the "Company"),China's leading provider of cord blood collection, laboratory testing, hematopoietic stem cell processing and stem cell storage services, today announced that its board of directors (the "...
X Financial Announces its Investment in a VC Fund Managed by Dragonfly Ventures II, L.P.
SHENZHEN, China, March 2, 2021 /PRNewswire/ -- X Financial (NYSE: XYF) (the "Company" or "we"), a leading technology-driven personal finance company in China, today announced commitment to invest in an aggregate amount ofUS$10 million in a VC fund managed by Dragonfly Ventures II, L.P. ("Dragonfl...
Yatsen to Acquire Prestige Skincare Brand Eve Lom
GUANGZHOU, China and LONDON, United Kingdom, March 2, 2021 /PRNewswire/ -- Yatsen Holding Limited ("Yatsen" or the "Company") (NYSE: YSG), a leader in the rapidly evolving China beauty market, today announced it has entered into a definitive agreement to acquire prestige skincare brand Eve Lom fr...
Keyloop Acquires RAPID RTC and enquiryMAX
LONDON, March 2, 2021 /PRNewswire/ -- Keyloop, a leading global supplier of technology solutions to the automotive industry, has today announced its acquisition of both RAPID RTC and enquiryMAX, bringing their first-rate lead aggregation, lead response, enquiry management and showroom application...
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