Wed.Aug 21, 2024

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Two incident management startups join forces as FireHydrant nabs Blameless

TechCrunch: M&A

FireHydrant, an NYC incident management startup that launched in 2019, announced on Wednesday that it has acquired Blameless, a former competitor. The companies did not share the purchase price. Both companies help SREs (site reliability engineers) deal with the daunting job of keeping software and websites up and running. When things go wrong, they help […] © 2024 TechCrunch.

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Reps & Warranties Insurance: Our 2024 Guide

JD Supra: Mergers

The use of representations and warranties insurance (RWI or R&W) has become increasingly mainstream. An estimated 75% of private equity transactions and 64% of larger strategic acquirers use it. Woodruff Sawyer’s R&W team presents this comprehensive look at this facet of coverage. RWI is a well-established tool in the merger and acquisition (M&A) toolbox for both private equity and strategic buyers.

Insurance 167
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Zomato buys Paytm’s entertainment ticket business for $244 million

TechCrunch: M&A

Zomato, the Indian food delivery giant, has acquired the entertainment ticketing business of financial services firm Paytm for $244.1 million, signaling a strategic move to expand its “going out” offerings. The acquisition, among the largest M&A deals among new-age Indian tech companies, includes Paytm’s ticketing services for movies, sports and events.

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Delaware Court of Chancery Finally Dismisses a de-SPAC Complaint

JD Supra: Mergers

Since Vice Chancellor Lori Will’s seminal decision in In re MultiPlan Corp. Stockholders Litigation in January 2022, the Delaware Court of Chancery has seen a wave of lawsuits accusing special purpose acquisition companies (SPACs) of breaching their fiduciary duties through material misstatements or omissions in their de-SPAC proxy statements. Time and again, the court has denied motions to dismiss MultiPlan claims, consistently applying entire fairness review and holding that alleged.

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Top 3 Banking Secrets to Stay Relevant with Gen Z Consumers

Speaker: Brian Muse-McKenney, Chief Revenue Officer & Matt Simester, Cards and Payments Expert

In today’s world of social media, dating apps, and remote work, businesses risk becoming irrelevant (or getting "ghosted") if they fail to meet the evolving needs of Gen Z consumers. Credit cards with flexible payment options, especially for young adults with little-to-no credit history, are a particularly important and valuable solution for this generation.

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The explosion of online sports betting is taking a toll on how people invest

CNBC: Investing

While sports betting has put considerable sums into state coffers, it has come at a notable personal expense to gamblers and their families.

More Trending

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Morgan Stanley says these crypto miners could benefit by turning their sights to data centers

CNBC: Investing

The Wall Street investment bank has seen more Bitcoin miners' management teams focus on a conversion opportunity, moving to about 80% from roughly 50%.

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The AI Revolution: Transforming Technology and Reshaping Cybersecurity

Cisco: M&A

Discover how AI is revolutionizing government operations, enhancing public services, and reshaping cybersecurity. Discover how AI is revolutionizing government operations, enhancing public services, and reshaping cybersecurity.

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Fed Minutes Show a Cut ‘Likely’ to Come in September

The New York Times: Banking

Even before a disappointing July jobs report, Federal Reserve officials thought they would probably cut rates at their Sept. 17-18 meeting.

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Transforming underserved communities and fostering sustainable growth through entrepreneurial endeavors

Cisco: M&A

This World Entrepreneurs Day, discover how Cisco's non-profit partners Agora Partnerships, Bridge International, Centro Community Partners, Defy Ventures, and others are empowering underserved communities and fostering sustainable growth.

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Enhance Customer Value: Unleash Your Data’s Potential

The complexity of financial data, the need for real-time insight, and the demand for user-friendly visualizations can seem daunting when it comes to analytics - but there is an easier way. With Logi Symphony, we aim to turn these challenges into opportunities. Our platform empowers you to seamlessly integrate advanced data analytics, generative AI, data visualization, and pixel-perfect reporting into your applications, transforming raw data into actionable insights.

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Stocks to buy when the Fed starts cutting interest rates, according to Jefferies

CNBC: Investing

In the current market climate, investors should focus on value names backed by strong earnings momentum, the investment bank says.

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Why the UN Convention Against Cybercrime Requires a Second Look

Cisco: M&A

Effective international cooperation is essential to combat global cybercrime and uphold shared values, but the latest UN Convention against Cybercrime falls short and requires more attention before ratification by member states.

Shares 98
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This California oil company could marry carbon capture and natural gas to data center demand

CNBC: Investing

Carbon capture is controversial because of high upfront capital costs and the perception that it is just a way for oil companies to perpetuate fossil fuels.

Capital 92
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What to Do When Someone Wants to Buy Your Business

Align Business Advisory Services

Just Received an Offer to Buy Your Company? Here’s Why Consulting Align is Essential Congratulations! Your hard work, dedication, and innovative ideas have captured the attention of a potential buyer interested in your company. Receiving an unsolicited offer can be thrilling and overwhelming, triggering various emotions and decisions that will shape your business’s future.

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Predictions You Can Rely On: How Data Drives Successful Financial Forecasting

Speaker: Robbie Bhathal, Founder & CEO, and Matthew Acalin, Head of Credit Intelligence

In today's volatile financial environment, how confident are you in your company’s financial forecasting? To get the most accurate cash predictions that will lead to long-term financial survival, real-time data is critical. Innovative cash management strategies can lead to better credit opportunities, more sustainable growth, and long-term financial prosperity.

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Thursday's big stock stories: What's likely to move the market in the next trading session

CNBC: Investing

Fed minutes released Wednesday helped lift the major averages to a winning session. Here's what CNBC TV is watching going into Thursday.

Trading 91
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The M&A Advisor Names Brian Marynowitz Winner of 15th Annual Emerging Leader Awards

Global Newswire by Notified: M&A

LBMC Shareholder Nationally Recognized for Excellence in M&A and Community Impact LBMC Shareholder Nationally Recognized for Excellence in M&A and Community Impact

M&A 65
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Stocks making the biggest moves premarket: Target, JD.com, Macy's and more

CNBC: Investing

Several retail stocks were making large moves before the opening bell on Wednesday.

Stock 130
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Former Goldman Sachs executive director joins Acadian AM as senior trader

The TRADE

Acadian Asset Management has appointed Jian Du as vice president, senior trader in its Sydney office. Du joins the asset manager from Goldman Sachs, where he most recently served as executive director of electronic trading, also based in Sydney. Prior to that, he held the position of executive director, Asia-Pacific quant execution coverage at Goldman Sachs, based in Hong Kong.

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Deliver Mission Critical Insights in Real Time with Data & Analytics

In the fast-moving manufacturing sector, delivering mission-critical data insights to empower your end users or customers can be a challenge. Traditional BI tools can be cumbersome and difficult to integrate - but it doesn't have to be this way. Logi Symphony offers a powerful and user-friendly solution, allowing you to seamlessly embed self-service analytics, generative AI, data visualization, and pixel-perfect reporting directly into your applications.

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This payments stock has broken out of a 2-year sideways pattern. Using options to play it

CNBC: Investing

The stock finally broke out from its two-year consolidation and triggered a new bullish signal.

Stock 87
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Stifel taps Hargreaves Lansdown for new equity trader

The TRADE

Stifel Europe has appointed Freddie Dolcezza as a new equity trader, based in London. Dolcezza joins Stifel from Hargreaves Lansdown where he spent the last seven years, most recently serving as a market dealer – a position he held for three and a half years. Prior to that, Dolcezza served as an equity dealer for nearly two years. Elsewhere in his tenure at Hargreaves Lansdown, he served as an investment helpdesk consultant and a client support agent.

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Sun Acquisitions Announces Successful Sale of Petersen International Furniture to Commonwealth Initiatives LLC

Sun Acquisitions

Schaumburg, Illinois – August 21, 2024 – Sun Acquisitions, a leading mergers and acquisitions firm headquartered in Chicago, is pleased to announce the successful sale of Petersen International Furniture to Commonwealth Initiatives LLC. “Petersen International Furniture has built an impressive reputation in the commercial food service furniture industry over the past 40 years,” said Kevin Collins, Senior Advisor at Sun Acquisitions.

Sale 59
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Cryptocurrency Comes of Age as a Mainstream Financial Asset

Global Banking & Finance

Cryptocurrency is enjoying another bumper year, with Bitcoin more than doubling in value over the past four quarters and several other cryptos including Solana exceeding this performance. Despite the high ROI of many alternative assets in the crypto space, the conservative criticism of cryptocurrency persists in many financial circles.

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Using Data & Analytics for Improving Healthcare Innovation and Outcomes

In the rapidly evolving healthcare industry, delivering data insights to end users or customers can be a significant challenge for product managers, product owners, and application team developers. The complexity of healthcare data, the need for real-time analytics, and the demand for user-friendly interfaces can often seem overwhelming. But with Logi Symphony, these challenges become opportunities.

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The market is flashing signs of caution below the surface

CNBC: Investing

The technical setup for stocks is exhibiting some troubling signals, Wolfe Research says.

Stock 110
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Germany seizes almost 250,000 euros in cash in crypto ATM sting

Global Banking & Finance

(This Aug. 20 story has been corrected to rectify the figure to 250,000, not 25 million, in the headline and paragraph 1) BERLIN (Reuters) – German authorities have seized almost 250,000 euros ($279,000) in cash in a nationwide operation targeting cryptocurrency ATMs, the country’s financial regulator BaFin said in a statement on Tuesday.

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M&A as a Path to Enhanced Personalization Capabilities in Sign Manufacturing

Sun Acquisitions

Sun Acquisitions and its sign manufacturing clients understand the competitive world of sign manufacturing, differentiation and customer satisfaction are key drivers of business success. Personalization has emerged as a critical factor in meeting these demands, allowing businesses to offer unique and customized sign solutions that cater to specific client needs.

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German tax revenue fell 7.9% in July

Global Banking & Finance

By Maria Martinez BERLIN (Reuters) – Germany’s federal and regional state governments’ tax revenue fell strongly in July compared with the same month last year due to a sharp decline in revenue from sales taxes, the finance ministry said on Thursday. The federal and state governments’ tax revenue decreased by 7.

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Navigating the Future: Generative AI, Application Analytics, and Data

Generative AI is upending the way product developers & end-users alike are interacting with data. Despite the potential of AI, many are left with questions about the future of product development: How will AI impact my business and contribute to its success? What can product managers and developers expect in the future with the widespread adoption of AI?

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Strengthening Medspa Membership Models Through M&A

Sun Acquisitions

Sun Acquisitions, and its MedSpa clients, have seen a dramatic increase in membership programs that combine medical treatments with spa services. As competition intensifies, MedSpas are increasingly turning to membership models to secure a stable and recurring revenue stream. However, developing and managing a successful membership program requires significant expertise and resources.

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Do You Need An Insurance Agency Investment Bank?

Sica Fletcher

Sica | Fletcher has been providing M&A advisory services to agencies and brokerages of all sizes for a decade. In that time, we’ve represented thousands of clients and quickly became one of the most active boutique M&A advisory firms in the market today. The sections below outline what insurance agency investment banks typically provide for clients, to help readers determine whether they are actually needed.

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How Regional SMEs Bounced Back

Global Banking & Finance

Ian Carter, partner at national accountancy and advisory group Dains, discusses how small and medium businesses bounced back from the past few years of turbulent trading conditions and why they are key to our economy.