Global consulting giant, Accenture (NYSE: ACN), has inked an agreement to buy ConcentricLife, a renowned healthcare marketing agency known for aiding Life Sciences brands. This acquisition, involving the subsidiary of Stagwell (NASDAQ: STGW), is pivotal in augmenting Accenture Song’s mission of delivering integrated solutions catering to its Life Sciences clientele by aligning with the changing […]
The bustling streets of New York witnessed an unimaginable tragedy when a Sikh man, Jasmer Singh, 66, met a brutal end after a car crash. The chilling incident unfolded as Singh’s car collided with another vehicle, leading to a confrontation that would turn fatal. The Violent Confrontation According to a report in the New York […]
Floor & Decor (NYSE: FND), the leading high-growth retailer specializing in hard-surface flooring, has announced the grand opening of its first store in Albany, New York. This marks the introduction of Floor & Decor to the Saratoga County metropolitan area. Situated at 1425 Central Ave. within Colonie Center, this warehouse store and design center will […]
A tragic event unfolded in the Bronx, New York City, on Friday, September 15, when one child died and three others were hospitalized following an incident at Divino Niño Daycare. Local media suggest that fentanyl exposure may be involved, although official confirmation is pending. A two-year-old boy is in serious condition, while another two-year-old boy […]
In a strategic move to bolster its commercial order-to-cash management solutions, Trivest Partners has announced the acquisition of ABC-Amega. Founded in 1929 and headquartered in Buffalo, New York, ABC-Amega stands as one of the oldest and most revered B2B accounts receivable management and credit service providers in the US. This acquisition augments the capabilities of […]
New York-based private equity firm, Seaport Capital, has finalized its acquisition of CyberlinkASP from Staple Street Capital, a renowned middle-market private equity firm. This deal, funded through Seaport Capital Partners VI, a $240 million private equity fund, marks Seaport’s sixth investment in the fund. Cyberlink, based in Dallas, Texas, is a prominent managed service provider […]
Southfield Capital’s portfolio company, Alba Wheels Up, a Valley Stream, NY-based provider of logistics services including customs brokerage, freight forwarding, trade compliance, has announced the acquisition of V.T. Mancusi, Inc., a Lawrence, New York-based company specializing in customs brokerage and trade compliance services. The acquisition mainly serves the flavors and fragrances and related end markets. […]
Plug Power, a pioneering player in the hydrogen solutions sphere, recently secured an order for 100 megawatts (MW) of proton exchange membrane (PEM) electrolyzers. This marks the most significant project announcement in the oil and gas sector in Europe to date. The PEM electrolyzers from Plug Power will run entirely on renewable energy, generating about […]
US Foods Holding Corp., an American foodservice distributor, confirmed that it has finalized its acquisition of Renzi Foodservice, a broadline distributor based in Watertown, New York. The deal, which was announced in May 2023, represents US Foods’ first strategic acquisition since April 2020, and the first under CEO Dave Flitman’s leadership. The terms of the […]
The Biden-Harris Administration has taken a significant step in advancing the Gateway Hudson River Tunnel project into the next phase of the Federal Transit Administration’s (FTA) Capital Investment Grants (CIG) program. The project, a long-overdue $17.18 billion investment, plans to construct a new Hudson River Tunnel between New York and New Jersey and rehabilitate the […]