TerraVest Industries has acquired ECR International, a New York-based privately owned manufacturing company that produces heating and cooling products. The financial terms of the deal were not disclosed. ECR International sells its products under Dunkirk, Olsen, Utica, and other brands in North America. TerraVest Industries, on the other hand, manufactures home heating products, anhydrous ammonia […]
Tata Consultancy Services (TCS) said that it is expanding its partnership with Google Cloud by launching Google Garages at its TCS Pace Port co-innovation and advanced research centers located in New York, Amsterdam, and Tokyo. According to the Indian IT services provider, TCS Google Garages offers an immersive experience for companies to test cloud solutions, […]
US food technology company GrubMarket has acquired New York-based produce wholesaler L&J Produce for an undisclosed price, in a move to grow its nationwide food supply chain footprint. According to GrubMarket, L&J Produce is an important sourcing channel for fruits and vegetables in the New York Metro Area. With deep relationships with domestic farms across […]
Strides Pharma Science Limited will acquire the manufacturing facility of Endo International in Chestnut Ridge, New York along with a portfolio of abbreviated new drug applications (ANDAs) for nearly $24 million. The Indian pharma company said that the deal will help it further strengthen its footprint in the US, courtesy of the multi dosage facility […]
New York Community Bancorp’s previously announced $2.6 billion acquisition of Flagstar Bancorp has been approved by shareholders of both banks. The all-stock deal, which was announced in April 2021, is anticipated to be finalized during the fourth quarter. It remains to be subject to the meeting of some closing conditions and regulatory approvals. Sandro DiNello […]
SI Group, a New York-based performance additives company, has agreed to divest the majority of its global industrial resins operations to ASK Chemicals for an undisclosed price. Based in Hilden,ASK Chemicals Germany, ASK Chemicals is a portfolio company of Rhône Group, a private equity firm. The sale includes SI Group’s industrial resins products and related […]
SIMON Markets, a US-based fintech company that was spun out by Goldman Sachs in late 2018, has raised $100 million in a Series B funding round for its digital wealth management platform. The Series B funding round was led by growth equity firm WestCap. Existing investors of SIMON Markets also took part in the financing […]
Tata Consultancy Services (TCS) said that it has inked an eight-year contract with New York Road Runners (NYRR) for the extension of its title and technology sponsorship of the TCS New York City Marathon till 2029. The Indian IT services company said that its sponsorship of international running events will also be showcased in a […]
Bowlero Corp, a New York-based bowling center operator, has agreed to merge with Isos Acquisition Corporation, a special acquisition company (SPAC) in a deal that values the combined company at around $2.6 billion. The merger enables the bowling center operator to become a publicly listed company, which is expected to trade on the New York […]
BJ’s Wholesale Club, a membership-only warehouse club chain operating in the Eastern US, will be opening half a dozen new clubs this fiscal year to grow its footprint. The new clubs will be opened in Seabrook in New Hampshire, Port Charlotte in Florida, South Fayette and Ross Township in Pennsylva,nia, Commack in New York, and […]