Gurpatwant Mann Singh Pannu, the founder of the controversial Khalistani organizarion Sikh For Justice (SFJ), has dismissed widespread rumors of his demise, confirming that he is alive and residing in New York. The affirmation came after rumors of his death in a supposed car crash circulated extensively on Wednesday. The news of his survival was […]
New York-based global brand owner, Authentic Brands Group, announced that it has received a $500 million primary follow-on investment from its existing investor, General Atlantic, a global growth equity firm. The move signifies Authentic Brands Group’s intention to leverage its ongoing partnership with General Atlantic to fuel its global expansion and speed up its proven […]
Oldcastle BuildingEnvelope (OBE), a manufacturer, fabricator, and distributor of architectural hardware, glass, and glazing systems in North America, has announced its acquisition of the Syracuse Glass Company (SGC), an independent fabricator and distributor of architectural glass and aluminum products. This strategic acquisition amplifies Oldcastle BuildingEnvelope’s presence in the architectural glass sector, fortifying its offerings to […]
American recycling and waste management company Keter Environmental Services and Waste Harmonics, a waste management consolidation service provider, have entered into a definitive agreement to merge. The financial terms of the transaction were not disclosed. Keter Environmental Services is currently owned by alternative asset management firm TPG, while Waste Harmonics, which is a technology-enabled waste […]
Publicis Groupe, a French advertising and communications company, has acquired Corra, a US-based digital agency specializing in e-commerce solutions, for an undisclosed price. With this acquisition, Corra will become a part of Publicis Sapient, the digital business transformation arm of Publicis Groupe. The addition of Corra will bolster Publicis Sapient’s existing expertise in commerce solutions, […]
US Foods Holding Corp., a foodservice distributor in the US, has reached an agreement to acquire Renzi Foodservice, a distributor located in Watertown, New York. The specific financial terms of the acquisition have not been disclosed. This acquisition marks an important milestone for US Foods, being its first since April 2020 and the inaugural one […]
Tata Communications has closed the previously announced $58.8 million (INR 486.3 crores) acquisition of Switch Enterprises, a New York-based end-to-end live video production and transmission services provider. The all-cash deal, which was announced in December 2022, was executed by the Indian company’s fully-owned subsidiary Tata Communications (Netherlands). Eric Cooney — Switch Enterprises President and CEO […]
Global insurance brokerage Hub International has acquired the assets of Brady Risk Management, a risk management firm based in Huntington, New York, for an undisclosed price. Brady Risk Management offers a broad variety of products and services to hospitality and other major industry segments, which supports the specialty practice of Hub International by complementing and […]
New York-based data-as-a-service company Cybersyn has raked in $62.9 million in a Series A funding round and has come out from stealth for launching its data-as-a-service (DaaS) offering. Cybersyn was founded in 2022. It is led by Alex Izydorczyk, who is said to bring an extensive understanding of data systems gained from his previous position […]
Helbiz Kitchen, a subsidiary of micromobility.com Inc., has opened its first ghost kitchen in New York City. The ghost kitchen is situated at West 38th street. As per Helbiz Kitchen, the expansion will mark the growth of its footprint in the US by bringing its distinctive culinary offerings in the very first instance across customers […]