Solutions
Offen Petroleum (Offen), an independent fuel distributor, is acquiring the business assets of Petromark, a motor fuel distributor, and Petromark Transportation, its affiliate trucking company.
Offen is a provider of motor fuel, propane, lubricants, and petroleum logistics services in 23 states in the Midwest and Western US The business combination further expands Offen’s footprint more deeply into Arkansas, Missouri, and Oklahoma.
Petromark is owned jointly by Stephen Lair and Steve Turner and is a significant wholesaler of motor fuels in Arkansas, Missouri, and Oklahoma. The company sells branded motor fuels under the Shell, Phillips 66, Valero, Sinclair, Conoco and
Gen II Fund Services, LLC, an independent private equity fund administrator, has announced that the firm’s assets under administration (AUA) now exceed USD450 billion.
InvestCloud, a specialist in cloud-based financial digital solutions, has acquired Advicent, a cash flow, trust and tax financial planning provider.
Read the full story at Wealth Adviser…
TELEO Capital Management (TELEO) has made a significant growth equity investment in Teesnap, a golf course operations management software platform.
TELEO will be partnering with existing shareholder, Allegiant Travel Company (Allegiant), to invest in product and go-to-market initiatives.
Based in Las Vegas, Teesnap offers a cloud-based software solution that helps golf course operators create a better customer experience and drive improved decision-making through big data and smarter business intelligence. The comprehensive SaaS platform provides real-time tee time scheduling, mobility-enabled point-of-sale, pricing optimisation, inventory management, intelligent marketing and business reporting. The Business’ managed marketing services leverage Teesnap’s in-house marketing specialists to
Sovereign Capital Partners, a UK private equity Buy & Build specialist, has completed a significant investment in AquaQ Analytics (AquaQ), a specialist data analytics and data science services business supporting global financial institutions.
Sovereign has partnered with the management team to further grow the company’s international presence and develop its range of services.
Founded in 2011 and headquartered in Belfast, Northern Ireland, AquaQ has offices in the USA, Singapore and Hong Kong. The business employs over 180 staff, which includes its team of highly skilled and qualified consultants.
AquaQ has significant expertise in helping its clients optimise, develop
Par Equity has led an investment of GBP2 million in data management specialist Datactics.
Belfast-based Datactics provides software and services to large organisations that need to improve and control the quality of the data held in their computer systems. The AI-enabled platform allows staff who are not IT experts to efficiently deduplicate, clean-up and enrich the information in their lines of business. For businesses that have information spread across many databases, the products enable them to give their customers a better quality, more joined-up service, while reducing their costs.
Datactics operates in the fast-growing data and data quality management industry.
Drops, a project aiming to unlock additional value for non-fungible tokens (NFTs), has closed a USD1 million funding round from private investors.
The round was led by Axia8 Ventures, Bitscale Capital, Blocksync, AU21, x21, D64, Genblock, and Drops Ventures. The successful round of funding builds on Drops’ network of strategic partners which include Polkastarter, Quantstamp, 0xb1, Kyros Ventures, Zokyo, Petrock Capital and Blockstar Technologies. Drops will use the raised capital for development, marketing, operational expenses, and liquidity provision.
According to the Drops team, the company has a roadmap for 2021 which includes the development tools that enhance the value of
Aon, a global professional services firm providing a broad range of risk, retirement and health solutions, has formed an EMEA M&A and Transaction Solutions Advisory Board.
The new advisory board will support the growth and development of Aon’s M&A practice across the UK and EMEA, as it continues to expand its client offerings to include solutions for intellectual property, cyber security and digital performance, retirement, benefits, talent and compensation, structured credit, tax and litigation risks, ESG and more.
In a highly volatile, competitive and constantly evolving landscape, corporate clients considering M&A transactions, and financial sponsors such as private equity
Foxway has acquired the German recommerce specialist Flip4 GmbH (Flip4). The transaction is an important part in Foxway’s strategy to become the leading company in reuse, repair and sourcing of ICT-devices in Europe.
Foxway is one of the largest specialists in IT-lifecycle management in Northern-Europe. The group has a turnover of EUR300 million in 2020 and employs more than 700 employees. Flip4 is one of the leading Recommerce businesses in Germany with around 40 employees located close to Frankfurt. Foxway has grown with over 30 percent annually during the last years.
“Our ambition is to show that profitability
Metalshub, the metal industry’s first digital trading and price intelligence platform, has raised a USD11 million Series A financing round led by international growth VC Acton Capital with participation from existing investors Point Nine, Chrome Invest and several business angels. Using the fresh capital and the strong momentum of a record year, Metalshub will expand beyond Europe and targets USD1 billion GMV by the end of 2021.
Dr Sebastian Kreft, Co-founder Metalshub, says: “2020 exceeded our expectations. During the last 12 months, digital adoption has taken a quantum leap in the metal industry.” Also benefiting from trends like the rally
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12 November, 2026 – 8:00 am
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