Fidest – Agenzia giornalistica/press agency

Quotidiano di informazione – Anno 31 n° 301

Posts Tagged ‘acquisition’

Project Management Institute Announces Acquisition of Disciplined Agile

Posted by fidest press agency su martedì, 13 agosto 2019

Project Management Institute (PMI), the world’s leading not-for-profit membership association for the project management profession, today announced the acquisition of Disciplined Agile (DA). The DA toolkit is the world’s only comprehensive agile body of knowledge (BOK) that provides straightforward and practical guidance to help individuals, teams and enterprises choose their “way of working” in a context-specific way. Key principles of DA include customer centricity, being pragmatic rather than purist, providing a range of agile and lean options, applying context-based practices, and optimizing flow across the entire enterprise. Applying the DA toolkit allows organizations to customize any method or framework – such as traditional, Scrum, or SAFe – to drive outcomes that differentiate them from their competitors. The combination of these two organizations offers a unique and unparalleled value proposition to stakeholders who are committed to improving their personal, team and enterprise agility.

Posted in Estero/world news | Contrassegnato da tag: , | Leave a Comment »

Acquisition of the Assets of Novo Health Systems’

Posted by fidest press agency su venerdì, 5 luglio 2019

Salt Lake City, Utah Facility Sterile Processing Services of America (“SPSA”), a portfolio company of Pacific Avenue Capital Partners, LLC (“Pacific Avenue”), announces the acquisition of the assets of Novo Health Systems’ Salt Lake City, Utah facility, which is an outsourced provider of hospital sterilization services.Under Pacific Avenue’s ownership, SPSA has grown through a strategic emphasis on providing outsourced instrument and linen sterilization services on a long-term or emergency basis. SPSA has built a world-class team led by President Jenifer Greisen that is focused on meeting the highest safety standards while providing excellent service to the customer.
Founded in 2017 by Chris Sznewajs, Pacific Avenue Capital Partners, LLC is a Los Angeles-based private equity firm focused on corporate divestitures and other special situations in the lower middle market.Pacific Avenue’s senior team has closed over 50 transactions including 25 carve-outs across a multitude of industries, and our M&A and operations experience allows us to navigate complex transactions and unlock value through operational improvement and capital investment while accelerating growth.
Sterile Processing Services of America is a leading provider of off-site sterilization services (instruments and linen) for clinics, surgery centers, and hospital centers. SPSA services both client-owned instruments and equipment and reusable surgical packs. The company has facilities in Long Beach, CA as well as Salt Lake City, Utah.

Posted in Estero/world news | Contrassegnato da tag: , , | Leave a Comment »

HFF Stockholders Approve Acquisition by JLL

Posted by fidest press agency su martedì, 2 luglio 2019

HFF, Inc. (NYSE: HF) (“HFF” or the “Company”) announced that at the annual meeting of stockholders of the Company today, the stockholders approved a proposal to adopt the Agreement and Plan of Merger, dated March 18, 2019, among the Company, Jones Lang LaSalle Incorporated (“JLL”), JLL CM, Inc. and JLL CMG, LLC, pursuant to which a wholly-owned subsidiary of JLL will merge with and into the Company.As previously announced, the Company expects the acquisition of the Company by JLL to close on Monday, July 1, 2019, after the close of regular trading hours on the New York Stock Exchange, and subject to the satisfaction or waiver of other customary closing conditions.In other matters presented at the annual meeting, stockholders voted against an advisory vote to approve the compensation that may be paid or become payable to the Company’s executive officers that is based on or otherwise relates to the merger and approved each of the other proposals presented at the annual meeting.Final voting tallies from the Company’s annual meeting of stockholders are subject to certification by the Company’s inspector of elections and will be included in a report to be filed by the Company with the Securities and Exchange Commission (the “SEC”).

Posted in Estero/world news | Contrassegnato da tag: , , | Leave a Comment »

Mood Media Announces Acquisition of Leading Regional In-Store Media Firm South Central A\V

Posted by fidest press agency su domenica, 16 giugno 2019

Mood Media, the world’s leading in-store media solutions company dedicated to elevating the Customer Experience, announced today that it has acquired all assets of its largest independent affiliate, Nashville-based South Central A\V. As a Mood affiliate and with a history dating back to 1946, South Central A\V provides sight, sound, scent and audio-visual systems solutions to businesses throughout the US including Alabama, Arkansas, Florida, Illinois, Indiana, Iowa, Kentucky, Nevada, North Dakota, South Dakota and Tennessee.The acquisition is consistent with Mood’s ongoing strategic efforts to expand its core audio and visual markets, including its acquisition of Birmingham-based focus4media in July of last year.“This latest acquisition allows us to broaden our US footprint, further develop sales opportunities and solutions, and ultimately serves to support our continued worldwide growth strategy,” said Ken Eissing, Mood Media’s President. “We look forward to working together with South Central A\V’s strong leadership team to ensure continued client service excellence in the region.”
“The timing was right for both parties to enter into this new chapter,” said JP Engelbrecht, South Central Inc.’s CEO and whose family has owned the South Central A\V business for three generations. “I’m incredibly proud of what our team and our family built, but I’m also excited about the new opportunities that lie ahead for us, together.”
“As the largest Mood Independent Affiliate in North America, this newest acquisition brings together two great organizations that will no doubt strengthen our collective future endeavors,” said David Hoodis, Mood Media’s CEO. “It’s also yet another example of our ongoing efforts to expand Mood’s audio and visual markets.” For existing South Central A\V (now Mood) clients, Eissing, Hoodis and Engelbrecht noted that they will work to ensure a seamless transition without any service or agreement interruptions.

Posted in Estero/world news | Contrassegnato da tag: , , | Leave a Comment »

Sodexo expands its UK home care business with the acquisition of The Good Care Group

Posted by fidest press agency su mercoledì, 10 aprile 2019

Paris / London. Sodexo, world leader in Quality of Life services, announces the acquisition of The Good Care Group, a leading player in the live-in care market in the UK.
Founded in 2009, The Good Care Group provides tailored live-in care services to consumers, in their homes, who require assistance to live independently, or, have complex care needs. It is one of the few businesses of its type to be rated ‘Outstanding’ by the Care Quality Commission in the UK.The acquisition enables Sodexo, present in the UK home care market through Prestige Nursing + Care, to expand its offer, while meeting the needs and preferences of consumers by providing high quality live-in care services, with the expertise to tailor the care for those individuals living with dementia or other specialist conditions.As the growing aging population seeks more personalized and more personable care solutions, that often means staying in the home. With this acquisition, Sodexo is expanding its services in the UK live-in care market and will be ranked second nationally in the live-in care market and among the top five in the private-paid care market.
Following the acquisition, Jonathan Bruce, currently Managing Director of Prestige Nursing + Care, will become CEO of Sodexo’s home care business in the UK, supported by Belinda Berkeley, currently Managing Director of the Good Care Group, as Managing Director. Together they will lead the strategic development of Sodexo’s UK home care business comprised of Prestige Nursing + Care and The Good Care Group. Dominique Kent, currently COO of The Good Care Group, will lead the continued growth of The Good Care Group as Managing Director and continue her role as Vice Chair of the UK Home Care Association.
Sarosh Mistry, CEO Sodexo Home Care Worldwide, said: “Both Sodexo and The Good Care Group share a common mission to help our consumers age in their homes as independently and comfortably as possible. This cultural alignment is key to Sodexo and it is its core values that makes The Good Care Group such a natural fit into Sodexo’s Worldwide Home Care business. The Good Care Group has built a very successful business in the UK, based on delivering high quality live-in care. Together, we see tremendous opportunity to offer a choice of home care solutions to consumers with complex care needs.”

Posted in Estero/world news | Contrassegnato da tag: , , | Leave a Comment »

Boyd Corp’s Newest Acquisition: PiMEMS, Titanium Micro Technologies

Posted by fidest press agency su sabato, 6 aprile 2019

Boyd Corporation, industry leader in thermal management, environmental sealing and protection solutions, announced the acquisition of PiMEMS, an advanced R&D organization developing titanium micro technologies and ultra-thin devices. The acquisition is strategically aligned with Boyd’s commitment to innovation and support for next generation electronics.
PiMEMS brings intellectual property in micro and nano metal fabrication, specializing in titanium alloys, to construct metal-based micro devices. As product designers continue trending to smaller, lighter devices with greater power demands, PiMEMS technology will be invaluable in the design and manufacture of high-performance microelectronics and ultra-thin thermal solutions that can exceed evolving performance needs.“Boyd is focused on investing in forward-thinking technologies that align with our customers’ goals and trajectories. Our customers are global leaders in their industries. Our mission is to not just keep pace with their needs and requirements, but to anticipate design bottlenecks and come prepared with solutions that guarantee future success,” stated Boyd CEO Mitch Aiello. “Industries from Aerospace to Mobile Electronics consistently push for higher powered devices in more streamlined configurations, translating to thermal management demands that are lighter and more compact with enhanced thermal performance. We’ve bolstered our market-leading R&D resources with a broad portfolio of titanium micro technology that enables higher performing thermal solutions that are lighter and thinner than anything else on the market.” The addition of PiMEMS capabilities further augments Boyd’s already robust Research & Development activities in ultra-thin, high performance cooling. Dedication to innovation ensures Boyd can fully support customers’ technology growth plans and accelerated speed to market for next generation applications. The new team now operates within Boyd’s specialty thermal division, Aavid, where their capabilities complement and strengthen existing design teams and Boyd’s expansive technology portfolio.

Posted in Estero/world news | Contrassegnato da tag: , , | Leave a Comment »

Zebra Technologies Completes Acquisition of Temptime Corporation

Posted by fidest press agency su mercoledì, 27 febbraio 2019

Zebra Technologies Corporation (NASDAQ: ZBRA), an innovator at the edge of the enterprise with solutions and partners that enable businesses to gain a performance edge, today announced that it has completed its acquisition of Temptime Corporation, a privately-held developer and manufacturer of temperature monitoring solutions for mission-critical applications in the healthcare industry. Financial terms of the acquisition are not being disclosed.
Zebra (NASDAQ: ZBRA) empowers the front line of business in retail/ecommerce, manufacturing, transportation and logistics, healthcare and other industries to achieve a performance edge. With more than 10,000 partners across 100 countries, we deliver industry-tailored, end-to-end solutions that intelligently connect people, assets and data to help our customers make business-critical decisions. Our market-leading solutions elevate the shopping experience, track and manage inventory as well as improve supply chain efficiency and patient care. Ranked on Forbes’ list of America’s Best Employers for the last three years, Zebra helps our customers capture their edge. For more information, visit http://www.zebra.com or sign up for our news alerts.

Posted in Estero/world news | Contrassegnato da tag: , , | Leave a Comment »

GetSwift Announces Two Strategic Acquisitions in North America

Posted by fidest press agency su giovedì, 21 febbraio 2019

GetSwift Limited (ASX: GSW) (“GetSwift” or “the Company”), a leading provider of SaaS logistics technology, today announced the signing of a definitive agreement for the acquisition of the North American delivery management platform Delivery BIZ Pro and the acquisition of popular workforce scheduling provider, Scheduling+.Delivery BIZ Pro (“DBP”) is a privately held SaaS company based in the United States that offers a subscription-based cloud service for businesses with recurring product orders particularly within the produce, meal kit, dairy, farm-to-table, water, home and commercial delivery sectors. DBP’s platform brings together four key components that allow recurring delivery industry sectors to employ the best methodology for their logistics fulfillment.”Delivery BIZ Pro is a proven and leading delivery management system in the attractive recurring delivery market in North America,” said Bane Hunter, CEO, GetSwift. “With its diverse product offering including front-end ordering, route mapping and business intelligence, DBP and GetSwift will enable customers to have an end-to-end last mile solution in key markets. We are very excited about the potential to leverage our infrastructure and resources for our combined growth.”
Scheduling+ (“SP”) is the flagship product of a privately held SaaS company based in the United States, Web Software, LLC, that combines staff scheduling, task management, time and attendance recordkeeping, and payroll into one easy to use subscription-based cloud solution, which allows businesses of all sizes to reduce the amount of time spent on employee management and optimize human capital management.
GetSwift is a worldwide leader in delivery management automation. From enterprise to hyper-local, businesses across dozens of industries around the globe depend on our SaaS platform to bring visibility, accountability, efficiency and savings to their supply chain and “Last Mile” operations. GetSwift is headquartered in New York City and is listed on the Australian Securities Exchange (ASX:GSW). By visit GetSwift.co.

Posted in Estero/world news | Contrassegnato da tag: , , | Leave a Comment »

KKR Completes Acquisition of Ramky Enviro Engineers

Posted by fidest press agency su mercoledì, 13 febbraio 2019

Global investment firm KKR and Ramky Enviro Engineers Limited (“REEL” or the “Company”), a leading provider of environmental services and solutions in India and overseas, today announced the completion of their previously announced transaction. Under the terms of the transaction, KKR has acquired a 60% stake in REEL for approximately US$510 million via a combination of primary and secondary investments. In addition to investing in REEL from its KKR Asian Fund III, the investment is part of KKR’s Global Impact strategy, which is focused on identifying and investing behind businesses with positive social or environmental impact that measurably contribute solutions to one or more of the United Nations Sustainable Development Goals.

Posted in Estero/world news | Contrassegnato da tag: , , | Leave a Comment »

EverZinc Completes Add-on Acquisition of G.H. Chemicals Ltd.

Posted by fidest press agency su lunedì, 28 gennaio 2019

OpenGate Capital, a global private equity firm, announced today that its portfolio company, EverZinc, a European specialty zinc chemical business, has acquired G.H. Chemicals Ltd., and Microzinc Inc., collectively referred to as “GHC”, a Canadian manufacturer and exporter of French Process zinc oxide products. Terms of the transaction were not disclosed.GHC was established in 1974 and is based in Saint Hyacinthe, Quebec. Through its manufacturing facility, GHC produces four grades of French Process zinc oxide used for pharmaceutical and food products, as well as fertilizer and feed grades, and various grades for rubber compounding. The business was acquired from Mr. Stephan Tabah and Mr. Philippe Bailet. GHC has a seasoned team of professionals and a highly trained employee base of 58 people serving a customer base of industrial, pharmaceutical and agriculture customers.
“The acquisition of GHC is a transformational investment for EverZinc that provides product and market expansion through world class facilities in Quebec,” said Andrew Nikou, OpenGate Capital’s Founder and CEO. “OpenGate’s strategy is to build both organic and inorganic growth for the businesses in which we invest. Earlier this year OpenGate launched OGx, a new digital optimization capability, to grow EverZinc and now GHC. Through the investment in GHC, and the OGx platform, we are confident that EverZinc’s global product offering will better serve its customers.”Vincent Dujardin, CEO of EverZinc, stated, “We are excited to welcome GHC into the EverZinc portfolio and look forward to working together to leverage our respective products, processes and better serve our customer bases.”Fabien Marcantetti, Managing Director in OpenGate’s Paris office, who led the transaction, added, “We are incredibly proud of completing this acquisition as the business provides many accretive aspects to EverZinc. Stephan and Philippe have driven advancements in the business and we are looking forward to working with them in the many months ahead.”Julien Lagreze, Partner at OpenGate Capital, also commented, “The GHC transaction represents OpenGate’s second add-on acquisition which we believe further strengthens the investments acquired in our first institutional fund. I am very pleased that this is another milestone achieved within OpenGate’s investment strategy.” OpenGate has completed two add-on investments including G.H. Chemicals and Aico S.P.A, an Italian manufacturer of home heating products, an add-on to Jøtul Group, acquired in March of 2018.

Posted in Estero/world news | Contrassegnato da tag: , , | Leave a Comment »

NRC Group Closes Acquisition of Quail Run Services, Leading Provider of Wellsite Wastewater Treatment

Posted by fidest press agency su venerdì, 5 ottobre 2018

Hennessy Capital Acquisition Corp. III (NYSE American: HCAC.U, HCAC, HCAC.WS) (“HCAC” or the “Company”) today announced that NRC Group Holdings, LLC (“NRC Group”) has completed the acquisition of Quail Run Services, LLC (“Quail Run”).Quail Run is a leading provider of wellsite wastewater treatment services throughout five disposal sites in the Eagle Ford Shale and Permian Basin. Its state-licensed facilities are designed to properly treat domestic wastewater and then discharge/reuse the processed effluent that meets or exceeds state-provided effluent parameters. Quail Run’s facilities are manned seven days per week by a licensed operator, and its facilities are driver-friendly with easy access and provide for simple unloading.“One of our goals at NRC Group is to help our upstream customers manage all of the waste volumes that are created by their activities in the Permian and Eagle Ford basins,” said Chris Swinbank, CEO of NRC Group. “The addition of Quail Run allows us to further those efforts by providing professional stewardship of yet another waste stream created by our existing roster of blue-chip E&P customers.” A summary of the terms of the transaction are contained in HCAC’s definitive proxy statement filed with the Securities and Exchange Commission (the “SEC”) on October 1, 2018 on pages 120-121 under the heading “Interim Acquisition.”

Posted in Estero/world news | Contrassegnato da tag: , , | Leave a Comment »

Boxlight Announces Acquisition of EOS Education

Posted by fidest press agency su mercoledì, 26 settembre 2018

Boxlight Corporation (Nasdaq: BOXL), a leading provider of interactive technology solutions for the global education market, today announced it has completed the acquisition of EOSEDU, LLC (“EOS Education”), a consulting and professional development company for the K-12 education market. Boxlight acquired EOS Education for 100,000 shares of Boxlight common stock.“This addition is part of our continued effort to provide the most comprehensive solution suite in the education technology marketplace,” said Mark Elliott, CEO of Boxlight. “For technology integrations to be successful, teachers need proper training, ongoing professional development and support. By adding the EOS Education team we can immediately fill that need and provide a more robust portfolio of end-to-end services which complement our hardware and software solutions, giving educators the training they need to fully leverage the technology’s full range of possibilities.” With the acquisition, it’s expected that Boxlight’s professional services division will produce as much as 10 percent of its total revenues with gross profit margins greater than 50 percent. It also brings significant management talent to Boxlight by adding Daniel Leis and Dr. Aleksandra Leis. Together, with decades of experience managing high-growth professional services businesses in emerging markets and sectors, they will bring an incredible synergy to Boxlight. Daniel will fill the role of Vice President of Global Services for Boxlight while Aleksandra will continue in her role as the CEO of EOS Education, which will now be a wholly owned subsidiary of Boxlight.“Boxlight and EOS share a common vision of providing the right mix of tools and services to meet the evolving needs of educators and their students. We are excited to build upon the deep relationships Boxlight has with its clients and partners to ultimately deliver long-term value that benefits teachers and students,” said Daniel Leis.Dr. Aleksandra Leis added, “For years, EOS’ professional development programs have helped improve the effectiveness of teachers and increase engagement of students. Joining Boxlight gives us a pathway to dramatically increase our reach globally and the human and capital resources to continue our mission of supporting teachers as they leverage technology to improve student outcomes.”

Posted in Estero/world news | Contrassegnato da tag: , , | Leave a Comment »

Valify Announces the Acquisition of Lucro

Posted by fidest press agency su martedì, 18 settembre 2018

Valify, the leading healthcare cost management company exclusively dedicated to controlling purchased services expense, announced today that it has acquired Lucro Solutions, Inc., a Nashville-based digital platform for health systems to compare and select vendors.”We are excited to integrate Lucro’s platform which aligns with and fortifies Valify’s existing features. Lucro has built an innovative, easy-to-use technology platform that automates how all buyers across a healthcare system evaluate and select their vendor partners,” said Chris Heckler, Chief Executive Officer of Valify. “This transaction extends and enhances our ability to operate a marketplace, enabling our healthcare system customers to effortlessly collaborate with vendors, saving time and increasing bandwidth to realize additional cost savings through Valify’s technology.”Valify offers healthcare systems a suite of technology and services that targets, prioritizes, and manages areas for cost reduction through spend visibility, benchmark comparisons, and advisory services. Lucro operates a marketplace platform, applying an innovative approach to collaboration among buyers and sellers. The integration of Lucro into Valify’s digital RFP and market share technology reinforces powerful health system and vendor communication tools and adds robust features to further accelerate the sourcing process.”Combining Valify’s visibility and insights with Lucro’s capabilities gives vendors greater visibility and more partnership opportunities that fulfill a healthcare provider’s need for balancing cost and quality,” said Cash Forshee, Founder and Senior Vice President of Lucro.“The Valify analytics and benchmarking platform already plays an integral role in identifying and prioritizing savings opportunities across a healthcare system,” said Les Popiolek, Chief Operating Officer of Valify. “As pressure continues to increase on their operating margins, more healthcare providers are focusing their cost reduction lens on indirect spend. Integrating Lucro’s technology will enable health systems to engage more internal and external stakeholders, enabling them to take on more savings initiatives while better supporting the clinical and operational needs of departments and service lines across their organizations.”

Posted in Estero/world news | Contrassegnato da tag: , , | Leave a Comment »

Allen Health Care Services Finalizes Acquisition of First Care of New York

Posted by fidest press agency su lunedì, 10 settembre 2018

Allen Health Care Services, a premier agency providing the highest quality patient care, and part of the Elara Caring network of companies, today announced the completion of its acquisition of First Care of New York, Inc. First Care served approximately 900 patients, primarily in the five boroughs of New York City.“We are pleased to add First Care’s patients to the 66,000 patients Elara Caring and our subsidiaries provide outstanding home health care to every day,” said G. Scott Herman, CEO of Elara Caring. “Growing our business in part through acquisitions in markets we already serve is one component of our overall growth plan, and we believe this transaction tracks nicely with our overall strategy. Expanding our services in the New York City area fits nicely with our mission of providing the right care, at the right time, in the right place.” In order to ensure the continuity of care for First Care’s patients, Allen does not plan to restructure the First Care team.

Posted in Estero/world news | Contrassegnato da tag: , | Leave a Comment »

BringCom Completes Acquisition of Uganda Privately Owned Network Service Provider, Datanet

Posted by fidest press agency su venerdì, 7 settembre 2018

BringCom Incorporated, a leading provider of connectivity solutions to developing countries, announced that it has completed the acquisition of Datanet.Com, LLC in Uganda after receiving final approval from the regulatory authority (Uganda Communications Commission). Established in 1999, Datanet is a network service provider operating in Uganda and offering corporate network connectivity as well as secure and reliable wholesale access services. Datanet was the first company in the East African region to enroll in the MEF Services Interconnect program with the aim of establishing standardized Carrier Ethernet access services and networks. It also launched EP-LAN service over its Carrier Ethernet network between Uganda and Kenya powering multi-branch interconnectivity/operations and LAN extensions. More recently, the company announced its MEF CE 2.0 E-Access certification. Datanet provides the East African region MEF certified access circuits and services as well as ENNI interconnections to expand further the global reach of standardized Carrier Ethernet services. “Datanet’s acquisition reflects BringCom’s strategy to expand its pan-African Carrier Ethernet network and global connectivity services,” said Fabrice Langreney, President and CEO of BringCom. “Our team is excited to formally welcome our new colleagues to the BringCom family.” Datanet will allow BringCom to test its next-generation SDN/NFV platform in Uganda before the planned global rollout. BringCom’s SDN/NFV platform will improve its ability to support international carriers’ connectivity within Africa and competitively service the requirements of enterprises in the region.

Posted in Estero/world news | Contrassegnato da tag: , , | Leave a Comment »

Arrow Accelerates IoT Leadership Position with eInfochips Acquisition

Posted by fidest press agency su mercoledì, 3 gennaio 2018

Centennial_AirportCENTENNIAL, Colorado. Arrow Electronics, Inc. (NYSE:ARW) announced today that it has signed a definitive agreement to acquire eInfochips, one of the world’s largest design and managed services companies.eInfochips works with global Fortune 1000 companies at every phase of technology deployment, including developing custom hardware and software and new IoT-based business models.eInfochips will expand Arrow’s IoT “sensor-to-sunset” platform by adding engineering, solution architecture, embedded software development, security, mobile device connectivity, app development, cloud configuration and management, and managed services including big-data analytics.“Upon close of this acquisition, eInfochips advances our IoT strategy, expands our offerings, and moves us into the rapidly growing IoT services market. As a result, we will deliver complex and connected IoT solutions and technologies across multiple cloud platforms,” said Michael J. Long, chairman, president, and chief executive officer of Arrow. “This acquisition adds over 1,500 IoT solution architects, engineers, and software development resources to Arrow’s already leading position in IoT design services.”“Arrow has redefined design engineering with our industry-leading eDesign digital platform. Customers now collaborate on Arrow.com with hundreds of online-enabled engineers. Our engineers help customers with online reference designs, cloud-based design tools, and our eDesign platform,” said Matt Anderson, chief digital officer of Arrow. “Connecting eInfochips’ IoT capabilities and engineers to our eDesign platform will substantially augment the scale of eInfochips’ services, delivered via digital tools, to Arrow’s 125,000 customers.”eInfochips is headquartered in San Jose, Calif., with locations in India and Europe, and 1,500 employees globally. eInfochips’ breadth of capabilities spans chip design, to product and IoT solution delivery, and across many industries, from retail and consumer, to industrial automation, healthcare, and aerospace.The transaction is expected to close this month.

Posted in Estero/world news, Uncategorized | Contrassegnato da tag: , , , | Leave a Comment »

White Oak Healthcare Finance Provides $60 Million for DW Healthcare Partners’ Acquisition of SoClean

Posted by fidest press agency su mercoledì, 27 dicembre 2017

White Oak Healthcare Finance, LLC (“WOHCF”) today announced it acted as sole lead arranger and administrative agent on the funding of a $60 million senior credit facility to finance the acquisition of SoClean Inc. (“SoClean”) by DW Healthcare Partners. SoClean is the only provider of fully automated cleaning devices for Continuous Positive Airway Pressure (“CPAP”) machines. CPAPs are used to improve health outcomes for those suffering from obstructive sleep apnea and other sleep disorders.
“SoClean has developed a patented and proprietary device that is the only fully automated cleaning device on the market,” said WOHCF’s Managing Director and Partner, Isaac Soleimani. “SoClean provides an effective solution to an otherwise burdensome, but necessary, cleaning process for CPAP equipment.”
SoClean cleaning devices sanitize the CPAP mask, hose and reservoir without the need for disassembly, water or chemicals. Improperly cleaned CPAP equipment is filled with harmful bacteria and germs that could make people sick when breathed into their body. Unlike the traditional soap and water cleaning approach, SoClean’s natural approach to CPAP sanitizing kills 99.9% of bacteria and germs, which leads to a healthier breathing experience. For more information, visit http://www.soclean.com.

Posted in Estero/world news | Contrassegnato da tag: , , | Leave a Comment »

TCF Bank Completes Acquisition of Rubicon Mortgage Advisors

Posted by fidest press agency su domenica, 17 dicembre 2017

Brian_CallTCF National Bank (TCF Bank), a subsidiary of TCF Financial Corporation (TCF) (NYSE: TCF), today announced that it has completed its previously announced transaction to acquire Rubicon Mortgage Advisors, LLC (Rubicon), a residential mortgage lender with offices in Minnesota and North Dakota. Financial terms of the agreement were not disclosed. In conjunction with the closing, TCF Bank will begin marketing its residential first mortgage program as TCF Home Loans in the consumer market. TCF Home Loans will provide high quality residential mortgage lending solutions to customers across TCF Bank’s retail banking footprint, and the additional market of North Dakota. The combined team of mortgage professionals under TCF Home Loans will be led by Brian Call, who was named managing director of the business and previously served as president of Rubicon.
“We are excited to welcome the Rubicon team to TCF Bank and introduce the additional scale and capabilities they bring to our newly formed TCF Home Loans business,” said Michael S. Jones, executive vice president, Consumer Banking. “Our focus in retail banking continues to be on providing our customers with the products, expertise and service to help them in every stage of their financial life. As TCF Home Loans, we look forward to broadening the products and services we offer and putting our deep expertise and mortgage industry relationships to work on behalf of customers and consumers.”
Founded in 2006, Rubicon quickly earned a solid reputation for its deep industry knowledge and strong mortgage industry relationships. In addition to founding Rubicon and leading the company, Brian Call served as president of the Minnesota Mortgage Association in 2016 and was a member of its board of directors. He was also named one of the country’s “Most Influential Mortgage Professionals” by the National Mortgage Professional Magazine. (photo: Brian Call)

Posted in Economia/Economy/finance/business/technology, Estero/world news | Contrassegnato da tag: , , | Leave a Comment »

Siemens Healthineers Announces Acquisition of Fast Track Diagnostics

Posted by fidest press agency su sabato, 16 dicembre 2017

lussemburgoLuxembourg. Siemens Healthineers has signed an agreement to acquire Luxembourg-based Fast Track Diagnostics (FTD), a global supplier of diagnostics tests that, unlike a clinical examination alone, can distinguish between viral, bacterial, or other infections in one test. By introducing FTD products to its molecular diagnostics portfolio, Siemens Healthineers is further investing in precision medicine and better patient experience through solutions that eliminate the need for repeat diagnostic testing, reducing time and improving patient outcomes.The acquisition of FTD increases the menu of the Siemens Healthineers VERSANT® kPCR Molecular System1 by over 80 assays and syndromic panels, transforming care delivery for its customers with a comprehensive solution for molecular testing of infectious diseases. In addition, FTD’s platform-agnostic menu allows Siemens Healthineers to effectively serve a broader customer base.
“By integrating the high-quality and cost effective solutions of Fast Track Diagnostics into our own cutting-edge molecular diagnostics portfolio, Siemens Healthineers continues to strengthen and expand its presence in the field of molecular testing and precision medicine,” says Fernando Beils, Head of Molecular Diagnostics, Siemens Healthineers. “We are excited to introduce both FTD’s products and world-class team to the Siemens Healthineers family.” FTD’s tests are real-time Polymerase Chain Reaction (PCR) kits, allowing for both singleplex and syndromic testing. PCR is a technique used to amplify nucleic acids ( RNA and DNA) in laboratory samples, allowing clinicians to diagnose infections with just a small sample from patients. The tests target conditions such as respiratory infections, gastroenteritis, meningitis, hepatitis, infections of the immunosuppressed, tropical diseases, sexually transmitted diseases, and early childhood diseases, and can detect over 140 viruses, bacteria, parasites, and fungi. By consolidating testing for the infectious disease spectrum into a single molecular ecosystem and virtually open platform, Siemens Healthineers ensures leading-edge performance from extraction through detection, as well as increased workflow efficiency for molecular labs of all sizes.“Combining FTD’s wide range of assays with the Siemens Healthineers portfolio means great things for all of our customers globally,” says Bill Carman, CEO of Fast Track Diagnostics. “In merging our efforts, we’re enabling healthcare providers to meet their current challenges and deliver better outcomes for patients.”“In addressing the evolving needs of our customers and the molecular testing market, we enable them to provide more efficient and more effective care for their patients,” confirms Dr. David Stein, Head of Strategy & Innovation, Siemens Healthineers. “This exciting step forward, alongside our newest team members from FTD, is the latest example of our ongoing commitment to our molecular diagnostics customers and their patients.” Through the acquisition, Siemens Healthineers will now include FTD’s sites in Luxembourg, Malta, and India, as well as its workforce of about 80 employees. FTD will continue to operate under the brand name Fast Track Diagnostics throughout the world.

Posted in Estero/world news | Contrassegnato da tag: , , | Leave a Comment »

Alvogen Announces Acquisition to Expand Russian Business

Posted by fidest press agency su sabato, 19 agosto 2017

moscaMosca. Alvogen announced today that it has signed a definitive agreement to acquire Omega Bittner, a Russia-based pharmaceutical firm owned by Perrigo Company plc. Working with well-established and recognized brands in Russia including LactacydTM, AflubinTM and ParanitTM, the firm focuses on a targeted portfolio of over-the-counter drugs in categories such as women’s healthcare and cough & cold.Hacho Hatchikian, Executive Vice President of Alvogen CEE, commented: “This acquisition supports our strategy to gain more exposure to Russia’s high growth market. It will create greater scale and diversity across our portfolio and sales channels, while increasing market share in women’s healthcare and cough & cold.
“I would like to welcome Omega Bittner’s talented and dedicated workforce to the Alvogen family and look forward to their contributions, as we strive to provide patients in the region with highest quality products and services.”These products will complement, as well as significantly strengthen, Alvogen’s existing portfolio in the region.The transaction is expected to close by the end of Q3 2017, subject to customary approvals.Alvogen is a global, privately owned pharmaceutical company focused on developing, manufacturing and selling generic, brand, over-the-counter brands (OTC) and biosimilar products for patients around the world.The company has commercial operations in 35 countries with 2,800 employees and operates four manufacturing and development hubs in the US, Romania, Korea and Taiwan. North America is Alvogen’s single largest market and other key markets include: South Korea, Taiwan, Russia, West Balkan, Poland, Romania, Bulgaria, Hungary, Thailand, Ukraine, Japan and China.

Posted in Economia/Economy/finance/business/technology, Estero/world news, Uncategorized | Contrassegnato da tag: , , | Leave a Comment »