The acquisition of a majority stake in the cybersecurity and information technology group, which boasted sales exceeding 12 million euros in 2023, was carried out in partnership with Simon Church and aligned with management team’s vision. LISBON, Portugal, Feb. 26, 2024 /PRNewswire/ — Atena Equity Partners has acquired a majority stake in the Redshift Group, specialist in cybersecurity and information technology. The acquisition of a 51% stake was completed in partnership with Simon Church, a renowned professional in the cybersecurity field, while the management team remains in company and fully committed to its growth. Atena Equity Partners’ investment aims to unlock…
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LONDON, Feb. 26, 2024 /PRNewswire/ — After the launch of the New York office in June 2023, Vega IT now opens its first office in London. In times of economic uncertainty that has been shaking the IT industry over the past few years, Vega IT continues to grow, emerging as a reliable partner to companies seeking to stay ahead of the curve. Earlier in January, the company embarked on the UK expansion journey, and the first stop was the opening of the London office. They have welcomed Nikola Prelevic and Richard Morris to the position of Executive Partners. Vega IT’s co-founder,…
Funding will accelerate mobile software innovation for field marketers to collect leads at any event and deliver them to sales in seconds LEHI, Utah, Feb. 26, 2024 /PRNewswire/ — Mobile software company, Mobly, today announced it raised $2.5 million in seed funding. The company’s financing round is led by Peterson Ventures, with participation from VITALIZE Venture Capital, Peak Ventures, Tenzing Capital, Upstream Ventures, and Service Provider Capital, as well as several strategic angel investors. Taylor Jones, principal at Peterson Ventures, will also join Mobly’s board of directors and Caroline Casson, partner at VITALIZE Venture Capital, will be a board observer.…
In collaboration with Apex Fintech Solutions Inc., credit unions now have a digital wealth management solution offered directly to members. LENEXA, Kan., Feb. 26, 2024 /PRNewswire/ — Copper Financial Network LLC, an SEC registered investment adviser and FINRA registered broker-dealer, announced today it has launched Guided Investing – a digital tool that builds and automatically rebalances a diversified and professionally managed portfolio based on a member’s unique goals and risk profile. With Guided Investing, credit unions can offer their members a more convenient way to start investing and help achieve their financial goals. Copper Financial is one of the first…
DUBLIN, Feb. 23, 2024 /PRNewswire/ — The “Europe Social Commerce Market Intelligence and Future Growth Dynamics Databook – 50+ KPIs on Social Commerce Trends by End-Use Sectors, Operational KPIs, Retail Product Dynamics, and Consumer Demographics – Q1 2024 Update” report has been added to ResearchAndMarkets.com’s offering. Social commerce industry in Europe is expected to grow by 24.4% on annual basis to reach US$92.11 billion in 2024. The social commerce industry is expected to grow steadily over the forecast period, recording a CAGR of 20.1% during 2024-2029. The social commerce GMV in the region will increase from US$74.06 billion in 2023 to reach US$230.50 billion by 2029. The social commerce market is poised to grow at…
CINCINNATI, Feb. 23, 2024 /PRNewswire/ — The E.W. Scripps Company (NASDAQ: SSP) delivered $616 million in revenue for the fourth quarter of 2023. Loss attributable to the shareholders of Scripps was $268 million or $3.17 per share. A non-cash goodwill impairment charge and restructuring costs for the quarter accounted for $3.15 of the per-share loss. Business notes: From Scripps President and CEO Adam Symson: “Our fourth-quarter results reflect improvement in the advertising marketplace, both at the core local level and nationally. In Local Media, we saw our five top categories end the quarter higher than Q4 2022, with particular strength in auto, home improvement and services. Distribution revenue from cable, satellite and…
NEW YORK, Feb. 23, 2024 /PRNewswire/ — Criteo S.A. (NASDAQ: CRTO) (“Criteo” or the “Company”), the commerce media company, today issued the following statement in response to the recent letter made public by Petrus Advisers: Criteo’s Board and management team maintain a regular dialogue with our shareholders and value constructive input toward the shared goal of enhancing shareholder value. While we do not comment on discussions with specific shareholders, it is important to note that members of Criteo’s management team and Board have held a number of discussions with Petrus Advisers over the past three years. We are carefully reviewing their letter and…
Former Chiat/Day exec joins from Tombras, where he helped triple revenue in 8 years COLUMBUS, Ohio, Feb. 23, 2024 /PRNewswire/ — The Shipyard, one of the nation’s fastest growing independent advertising agencies, has hired Nigel Carr as Chief Strategy Officer. Recognized for pioneering the strategic planning discipline at Chiat/Day, and kirshenbaum, bond & partners, Carr joins from Tombras, where he served as Chief Strategy Officer for eight years and helped triple agency revenue. Carr will report to CEO Rick Milenthal and lead strategy, brand planning and insights for the agency. Milenthal comments: “We grow our client’s business with superior strategy and insights. And that is why we…
MILWAUKEE, Feb. 23, 2024 /PRNewswire/ — Fostering inclusive workplaces and driving positive change. “We are deeply inspired by the dedication and innovative approaches of this year’s award recipients,” says Deanna Singh, founder of Uplifting Impact, the organization hosting the Shape the Future: Inclusive Leaders Summit. “Their leadership sets a powerful example for others and paves the way for a more inclusive and equitable future for all in our workplaces.” The 2024 Shape the Future Summit Inclusion Leadership Award winners are: The award recipients will be celebrated at a special dinner reception on Monday, March 4th at Saint Kate – The Arts Hotel in Milwaukee. This gathering will offer…
Singapore-based aelf launches AEVOLVE Labs to nurture blockchain projects, bridging the gap between Web2 and Web3 with tailored support and mentorship SINGAPORE, Feb. 23, 2024 /PRNewswire/ — aelf, a high-performance Layer 1, has launched AEVOLVE Labs, an incubator to identify and support promising blockchain projects. AEVOLVE Labs embraces a chain and vertical agnostic philosophy and is positioned to support diverse projects, ensuring meaningful reach and impact across various blockchain technologies and market sectors. Selected projects will be provided with bespoke mentorship, extensive networking opportunities, and funding support – all customised to meet their specific blockchain needs and enhance their innovative potential. AEVOLVE Labs is…