The Goldman Sachs Group, Inc. and GreenSky, Inc. have announced that they have entered into a definitive agreement pursuant to which Goldman Sachs will acquire GreenSky, a fintech platform for home improvement consumer loan originations, in an all-stock transaction valued at approximately $2.24 billion. “We have been clear in our aspiration for Marcus to become…
HLE Glascoat, a global manufacturer of process equipment, announced the signing of definitive agreements to acquire the global business of Thaletec GmbH, Germany as well as its subsidiary Thaletec USA, as a part of its strategy to strengthen its position further in the global markets with innovative technology. As a part of the deal, both…
Accenture has completed the acquisition of HRC Retail Advisory, a retail-focused strategy consultancy with critical in-demand skills and solutions to help clients across the retail value chain — from customer-centric merchandising and omnichannel capabilities to the evolving store footprint and creating high-performance organizations. Financial terms of the transaction, which was announced on July 27, were not disclosed. HRC…
NODWIN Gaming, South Asia’s leading esports company, and an independent subsidiary of Nazara Technologies Limited, has acquired the Gaming and adjacent IP business of OML Entertainment. NODWIN Gaming has agreed to a consideration of INR 73 crores as part of an agreement concluded between NODWIN Gaming and OML Entertainment, according to the company’s statement. Ajay…
TVS Motor Company, a two-wheeler and three-wheeler manufacturer globally, has announced a partnership with EGO Movement as a majority shareholder, in an all-cash deal through its Singapore Subsidiary TVS Motor (Singapore) Pte Ltd. Led by the co-founder’s Daniel Meyer and Marie So, EGO Movement is a Swiss technology company providing mobility solutions through a portfolio…
Panasonic Corporation has announced that it has completed the acquisition of Blue Yonder, an end-to-end, digital fulfillment platform provider. Panasonic has now purchased the remaining 80% of shares of Blue Yonder, adding to the 20% which Panasonic acquired in July 2020. The investment values Blue Yonder at USD8.5 billion. Since Panasonic’s announcement to acquire all…
US-headquartered Odyssey Energy Solutions, Inc has announced its acquisition of the German remote monitoring and control technology company, Ferntech GmbH. Emily McAteer, CEO and Co-Founder, Odyssey, said, “We’re delighted about the acquisition of Ferntech and the opportunity it presents to expand the toolkit we offer our clients and users. We’ve successfully worked with the Ferntech…
TVS Motor Company, a global manufacturer of two-wheeler and three-wheeler vehicles, announced a partnership with EGO Movement as a majority shareholder, in an all-cash deal through its Singapore Subsidiary TVS Motor (Singapore) Pte Ltd. The partnership is in line with TVS Motor Company’s commitment to building an aspirational product portfolio while nurturing sustainable and scalable…
DG Financial Technology Inc., a Japanese payment service provider, has acquired a majority stake (60% outstanding shares) in Pune-based Vizitech solutions. The transaction was led by DGFT’s Representative Director, President and Co-COO: Hiroshi Shino. The deal announced is another addition to the growing activity in the cross-border mergers and acquisition market. There has been an…
Bentley Systems, Incorporated, the infrastructure engineering software company, has announced that its Seequent business unit has acquired Canadian software company Minalytix, the developer of MX Deposit. The acquisition extends Seequent’s cloud capabilities and solutions for mining, including greenfield exploration, resource development, and mining production. Prior to the transaction, Seequent held a minority shareholding in Minalytix,…
Intuit, the global technology platform that makes TurboTax, QuickBooks, Mint, and Credit Karma, announced that it has agreed to acquire Mailchimp, a global customer engagement and marketing platform for growing small and mid-market businesses. The planned acquisition of Mailchimp for approximately $12 billion in cash and stock advances Intuit’s mission of powering prosperity around the world,…
MSCI Inc., a provider of critical decision support tools and services for the global investment community, has announced it has completed its acquisition of global real estate data and analytics provider, Real Capital Analytics. The acquisition was originally announced on August 2, 2021. Henry Fernandez, Chairman and Chief Executive Officer, MSCI, said: “This acquisition comes…
Mastercard announced it will extend its capabilities deep into the field of digital assets with an agreement to acquire CipherTrace, a leading cryptocurrency intelligence company with insight into more than 900 cryptocurrencies. As digital assets, including cryptocurrencies and non-fungible tokens (NFTs), become more intertwined with everyday activities — from the way people pay and get paid to…
Mastercard announced it has entered into an agreement to acquire Aiia, an European open banking technology provider offering a direct connection to banks through a single API, allowing its customers to develop and launch new digital solutions that meet the needs of everyday life, work and play. Open banking is democratizing financial services by putting consumers at…
PayPal Holdings, Inc. announced that it has agreed to acquire Paidy, a two-sided payments platform and provider of buy now, pay later solutions in Japan, for ¥300 billion or approximately US$2.7 billion, principally in cash. The acquisition will expand PayPal’s capabilities, distribution and relevance in the domestic payments market in Japan, the third largest ecommerce market in the world,…