Bain & Company acquires APAC arm of global venture-building studio Rainmaking

Bain & Company yesterday announced that it intends to acquire the Asia Pacific arm of global venture-building and start-up development studio, Rainmaking, to help companies across the region better innovate, launch, and scale new businesses. The acquisition is subject to, and contingent upon, several conditions precedent to completion and is expected to close at the end of July […]
MC Bancshares Inc. acquires Heritage NOLA Bancorp Inc.

MC Bancshares, Inc., the holding company for M C Bank & Trust Company, a Louisiana-chartered bank headquartered in Morgan City, Louisiana, and Heritage NOLA Bancorp, Inc., the holding company of Heritage Bank of St. Tammany, a federally chartered savings bank headquartered in Covington, Louisiana, have jointly announced today that they have entered into a definitive merger agreement in which MC […]
Biocytogen Pharmaceuticals signs a License Agreement With Pheon Therapeutics

Biocytogen Pharmaceuticals (Beijing) Co., Ltd., a global biotech company focusing on the discovery of novel antibody therapeutics, yesterday announced an antibody license agreement with Pheon Therapeutics (Pheon), a leading Antibody-Drug Conjugate (ADC) specialist developing next-generation ADCs for a wide range of hard-to-treat cancers. Under the terms of the agreement, Pheon will develop and commercialize an […]
Global Holdings acquires the Mondrian Hotel on Park Avenue

Global Holdings, the international real estate development and investment firm led by Chairman and Founder Eyal Ofer, yesterday announced the acquisition of the Mondrian Park Avenue, a 190-key boutique hotel in Manhattan’s NoMad neighborhood. “Mondrian Park Avenue is an extraordinary asset, perfectly located in the heart of Manhattan at a time when tourists and local […]
Bespoke Partners promotes Katherine Baker to partner

Bespoke Partners, a retained executive search and leadership advisory service firm for software companies, announced yesterday that Katherine Baker has been promoted to Partner and will co-lead the firm’s dedicated practice of recruiting high-impact Chief Executive Officers. Katherine has been with the firm for six years, serving most recently as Senior Vice President in the CEO practice, working […]
Kivera appoints Joe Lea as CEO

Cloud security company Kivera yesterday announced the appointment of Joe Lea as Chief Executive Officer of the company. In this role, Lea will oversee and manage the company in its mission to provide a generational leap in cloud security through proactive policy enforcement. He will focus on the operations as well as the strategic direction […]
Persistent announces state-of-the-art private 5G lab

Persistent Systems, a global Digital Engineering provider, recently inaugurated a state-of-the-art 5G Lab to provide a testing and development environment for network functions and product development activities for operators and network equipment vendors, as well as for Communications, Media, and IoT independent software vendors (ISVs). The Lab encourages interoperability and quick deployment to achieve faster […]
CRI completes USD 30Mln financing round with new investors

Carbon Recycling International (CRI) announced the closing of a 30-million-dollar equity investment round that was announced at the company’s annual general meeting last year. Equinor Ventures is leading a group of new investors joining CRI’s shareholder group. Along with Equinor Ventures Gildi, Sjóvá and Lífeyrissjóður Vestmannaeyja have also participated in the investment round. Equinor Ventures is Equinor’s corporate […]
REYL Intesa Sanpaolo acquires Carnegie Fund Services

REYL Intesa Sanpaolo (“REYL”) announced the acquisition of Carnegie Fund Services SA (“Carnegie”), one of Switzerland’s leading Swiss Fund Representatives. Founded in 2003, Carnegie services clients encompassing fund management companies, boutique firms and large global asset management groups based in Europe, North America, Asia, and Australia. Today, it acts as a Swiss representative for over 100 global investment managers and over […]
Corlytics and Clausematch come together to redefine RegTech

Already a leader in RegTech, this latest addition to the Corlytics family positions the newly formed Group as a global pacesetter. Further ambitious growth is planned over the next two years with the global RegTech market estimated to grow at CAGR of 53%. Corlytics’ proven intelligent regulations and regulatory data, now combined with the Clausematch capability of creating and […]