QAD, a portfolio company of Thoma Bravo, has acquired Redzone, a connected workforce solution platform, for approximately $1 billion, strengthening the former’s idea of the adaptive enterprise. The transaction follows the US-based QAD’s acquisition of Livejourney in December 2022, and marks the second for the company in the last two months. With the acquisition, QAD […]
Hub International, an American insurance brokerage and financial services firm, said that it has acquired the assets of AM Insurance Services of Miami for an undisclosed price. Based in Miami, AM Insurance Services is an insurance brokerage firm that caters to small to medium-size employers with employee benefit products. Its benefit packages include health, vision, […]
Seacoast Banking Corporation of Florida has completed the $304 million acquisition of the parent companies of Apollo Bank and Drummond Community Bank. The transaction, which is effective from 7 October 2022, includes the acquisition of the banks’ respective parent companies Apollo Bancshares and Drummond Banking Company. Apollo Bancshares’ shareholders were given 1.006529 shares of Seacoast […]
Visa has acquired YellowPepper, a Miami-based digital financial solutions provider that caters to financial institutions and startups across Latin America and the Caribbean. The digital payments giant announced the acquisition in October 2020. However, Visa did not disclose the financial terms of the deal, which marks its first of its kind in Latin America. Visa […]
Global health enterprise Keralty has acquired Westchester General Hospital located in Miami, Florida for an undisclosed price. Since 1967, Westchester General Hospital has been catering to the greater South Florida Community. The acquisition is said to complement the 59 US Sanitas Medical Centers that Keralty has designed as part of its strategy to build a […]
Dean Foods, a US food and beverage company, has wrapped up the previously announced $16.5 million sale of its facility in Miami, Florida to Mana Saves McArthur. With the closing of the deal, Dean Foods has wrapped up all of its previously announced sales. In the next few weeks, the company plans to file a […]
PepsiCo and Centerplate, a hospitality partner to North American sports entertainment venues, will offer more than 100,000 aluminum cans of AQUAFINA purified still water at the Hard Rock Stadium this Sunday for fans to enjoy at Super Bowl LIV. The AQUAFINA purified still water cans will help advance the broader mission of Hard Rock Stadium […]
Viva Air, a Latin American low-cost carrier owned by Irelandia Aviation, is set to launch a new direct route between Miami, US and Santa Marta, Colombia at a ticket cost starting from $174 for a round trip. This is the first ever direct route offered between the two cities with the first flight scheduled to […]