Firmenich, a privately-owned fragrance and taste company, has entered into a strategic partnership with Essential Labs, LLC, a B2B supplier of fragrance solutions supporting entrepreneurial, independent businesses in the premium home segment. As part of this partnership, Firmenich will acquire a significant non-controlling interest in Essential Labs, LLC. “I am thrilled that we are partnering…
Abracon LLC, has completed the acquisition of AEL Crystals Ltd, a privately held frequency control supplier headquartered in Surrey, England. “We are excited to join these two frequency control companies together as we enhance our presence in the European market with the addition of a very knowledgeable AEL team. One key strategic objective for Abracon has…
RV Retailer, LLC has announced the appointment of Tim Benter as Vice President, General Counsel. Tim Benter will be responsible for all legal affairs of RV Retailer, LLC. He will report to Jon Ferrando, CEO and President. “Tim Benter is an excellent addition to our senior leadership team,” stated Jon Ferrando, Chief Executive Officer and…
Accolade which provides personalized, technology-enabled solutions has signed a definitive agreement to acquire Innovation Specialists, LLC (2nd.MD), an Expert Medical Opinion and medical decision support company based in Houston, TX. With healthcare utilization expected to rise significantly in 2021, on the heels of the COVID-19 pandemic, the integration of 2nd.MD with Accolade’s health and benefits…
OneWeb, the Low Earth Orbit (LEO) satellite communications company jointly owned by the UK Government and Bharti Global, has secured additional funding from SoftBank Group Corp. and Hughes Network Systems LLC, bringing OneWeb’s total funding to $1.4 billion. The capital raised to date positions the Company to be fully funded for its first-generation satellite fleet,…
The Essel Group is planning to sell its 16.5% stake in ZEE Entertainment Enterprises Limited (ZEEL) to financial investors. The reason to sell up to 16.5% stake is in order to repay loan obligations to certain lenders of the Group for whose benefit such shares are currently encumbered (and who have consented to such share…