Wed.Dec 18, 2024

article thumbnail

Organigram (OGI) Q4 2024 Earnings Call Transcript

The Motley Fool

Image source: The Motley Fool. Organigram (NASDAQ: OGI) Q4 2024 Earnings Call Dec 18, 2024 , 8:00 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good morning. My name is Rob, and I will be your conference operator today. At this time, I would like to welcome everyone to the Organigram Holdings fourth quarter fiscal 2024 earnings conference call.

article thumbnail

Vance Street Seals the Deal

Private Equity Professional

Vance Street Capital has acquired System Seals , a Cleveland-based designer and manufacturer of high-performance sealing products. System Seals specializes in designing and manufacturing proprietary, high-performance sealing products that require high compliance, material, performance, or tolerance requirements, particularly for systems with high failure costs.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Walgreens Boots Alliance Stock Jumps on Report of a Possible Buyout. Here's Why Investors Should Tread Carefully.

The Motley Fool

Walgreens Boots Alliance (NASDAQ: WBA) stock looks to have finally received some much-needed bullishness from investors. The stock was jumping last week on rumors that a private equity firm may be buying the company. While Walgreens stock is still down more than 60% this year (as of the end of last week), it is showing signs of life of late. But before you jump in and decide to take a chance on this beaten-down stock, there are some things to consider.

Buyout 245
article thumbnail

Northern Wholesale Acquired by Sun

Private Equity Professional

Northern Wholesale Supply (NWS), a distributor of outdoor and powersports equipment and supplies, has been acquired by Sun Capital Partners. NWS products catalog has more than 30,000 parts and accessories for recreational vehicles ; powersports vehicles , including snowmobiles and jet skis; boat-related parts, accessories, and supplies; and manufactured and mobile home components.

article thumbnail

Why Archer Aviation Stock Could Trounce the S&P 500 in 2025

The Motley Fool

The electric vertical takeoff and landing (eVTOL) industry represents the next frontier in aviation, with JPMorgan analysts projecting a $1 trillion market opportunity by 2040. Among the companies vying to capture this massive potential, Archer Aviation (NYSE: ACHR) , valued at $3.88 billion, stands out through two transformative developments that reshape its growth trajectory.

Capital 236
article thumbnail

Singapore’s January Capital secures $85m for tech credit fund

Private Equity Wire

January Capital, a Singapore-based asset management firm, has secured over $85m in initial investor commitments for a growth credit fund that will focus on the technology sector, according to a report by BNN Bloomberg. The report cites a company statement as highlighting that the fund aims to provide loans to private equity-backed technology companies in the Asia Pacific region, addressing a growing funding gap for these businesses that are often too large for lenders who cater to unprofitable t

Capital 98
article thumbnail

SoundHound vs BigBear.ai: Which AI Stock Will Outperform in 2025?

The Motley Fool

When looking at artificial intelligence (AI) stocks with market caps of less than $10 billion, two prominent names are SoundHound AI (NASDAQ: SOUN) and BigBear.ai (NYSE: BBAI). Although both started the year with market caps of less than $1 billion, the approximate eightfold increase in SoundHound's stock price so far in 2024 (as of this writing) has pushed its market cap to almost $7 billion.

More Trending

article thumbnail

If You Like Energy Transfer's 7%-Yielding Dividend, You Should Check Out This 9%-Yielding Peer

The Motley Fool

Energy Transfer (NYSE: ET) is popular among income-seeking investors. The master limited partnership (MLP) offers a monster distribution that currently yields 7%. That's well above the S&P 500's dividend yield (1.2%). Further, the company plans to steadily increase its payment each quarter, targeting yearly growth at a 3% to 5% annual rate. As good as Energy Transfer's income is these days , fellow MLP Western Midstream Partners (NYSE: WES) offers an even bigger yield at 9%.

article thumbnail

Insignia rejects $1.69bn Bain bid

Private Equity Wire

Australia’s Insignia Financial has turned down Bain Capital’s AUD$2.67bn ($1.69bn) takeover offer, stating that the bid fails to reflect fair value for its shareholders, and blocking Bain’s Asia expansion, according to a report by Reuters. Earlier this month, Bain proposed AUD4 per share for the 178-year-old wealth management firm, sparking renewed investor interest in Australia-based wealth managers.

Bidding 96
article thumbnail

British American Tobacco claims ambition to “build a smokeless world”, launches £200m ‘beyond nicotine’ fund

AltAssets

British American Tobaccos corporate venture fund Btomorrow Ventures has launched its second fund focuses on wellbeing and stimulation businesses, saying the 200m vehicle provides further proof of its ambition to "build a smokeless world". The post British American Tobacco claims ambition to “build a smokeless world”, launches 200m ‘beyond nicotine’ fund appeared first on AltAssets Private Equity News.

Funds 98
article thumbnail

Cornell Names Jennifer Cattier as Newest Partner

Private Equity Professional

Cornell Capital has promoted Jennifer Cattier to Partner. Based in the firms New York office, Ms. Cattier will continue to oversee operations and personnel, drive strategic priorities, and lead infrastructure initiatives for the firm. Ms. Cattier joined Cornell Capital in 2022 as the firms chief operating officer and chief compliance officer. With todays promotion, Cornell Capitals partner group now consists of seven partners across its New York City and Hong Kong offices.

Legal 100
article thumbnail

ZENRG Services Raises Series A Funding

FinSMEs

ZENRG Services, a Houston, TX-based provider of emission reduction services for energy industry operations, raised an undisclosed amount in Series A funding. The round was led by EIC Rose Rock with participation from Chevron Technology Ventures, BP Energy Partners, and existing investors. The company intend to use the funds to expand its customer base and […] The post ZENRG Services Raises Series A Funding appeared first on FinSMEs.

Funds 63
article thumbnail

Blackstone Cements Position as a Leading Foreign Hotel Investor in Japan, Adds Three Hotels to Portfolio

Blackstone News

Blackstone Cements Position as a Leading Foreign Hotel Investor in Japan, Adds Three Hotels to Portfolio TOKYO December 19 , 2024 Blackstone (NYSE: BX) announced that Real Estate funds managed by Blackstone (Blackstone) have entered into definitive agreements to acquire three hotels in Osaka and Okinawa Ritz Carlton Okinawa, Kise Beach Palace, and Nest Hotel Osaka.

article thumbnail

Ocorian and AssetMetrix partner to launch reporting and analytics platform

Private Equity Wire

Ocorian, a global provider of fund administration, capital markets, corporate and compliance solutions, has launched a new reporting and analytics platform in partnership with AssetMetrix, a provider of digital solutions for the private markets. According to a press statement, the platform, which is aimed at streamlining operations, improving decision-making, and enhancing portfolio analytics for fund administration and corporate clients worldwide, integrates data from multiple sources and provi

Capital 52
article thumbnail

Blue J Raises in Series C Funding

FinSMEs

Blue J, a Toronto, Canada-based provider of generative AI-powered tax research to accounting and tax professionals, raised an undisclosed amount in Series C funding. The round was led by Ten Coves Capital. Dan Kittredge, Managing Partner at Ten Coves Capital, will join Blue Js Board of Directors. The company intends to use the funds to […] The post Blue J Raises in Series C Funding appeared first on FinSMEs.

Funds 105
article thumbnail

Honda-Nissan merger talks mark Japan Inc’s new consolidate-to-survive mood

Financial Times M&A

Carmakers face problems of Chinese competition, a shrinking domestic market and the threat of tariffs

103
103
article thumbnail

BVNK Raises $50M in Series B Funding

FinSMEs

BVNK, a London, UK-based stablecoin payments infrastructure company, raised $50M in Series B funding. The round was led by Haun Ventures with participation from Coinbase Ventures, Scribble Ventures, DRW VC and existing investors Avenir and Tiger Global. The company intends to use the funds to expand operations and its development efforts. Led by Jesse Hemson Struthers, CEO, […] The post BVNK Raises $50M in Series B Funding appeared first on FinSMEs.

Funds 98
article thumbnail

Benefits of ETFs for Diversification

Motley Fool Asset Management

Building a portfolio involves more than simply picking stocks you think will appreciate. We believe its about combining stocks you think will appreciate in a way that balances upside potential with downside risk management.

article thumbnail

SandboxAQ Raises More Than $300M in Funding

FinSMEs

SandboxAQ, a Palo Alto, CA-based company delivering solutions at the intersection of AI and quantum techniques, raised more that $300M in funding. The round, which valued the company at$5.3 billionon a pre-money basis, was led by Fred Alger Management, LLC, T. Rowe Price Associates, Inc., Mumtalakat, Parkway Venture Capital, Breyer Capital,Rizvi Traverse, S32, US Innovative […] The post SandboxAQ Raises More Than $300M in Funding appeared first on FinSMEs.

article thumbnail

Corporate Japan is steeling itself for hostile interest

Financial Times M&A

The volume of shareholder activism and dealmaking by private equity has mushroomed

article thumbnail

NFTMozaic Secures Web3 Foundation Grant to Unite and Elevate Polkadot’s NFT Ecosystem

FinSMEs

Singapore, Singapore, 18th December 2024, Chainwire The post NFTMozaic Secures Web3 Foundation Grant to Unite and Elevate Polkadot’s NFT Ecosystem appeared first on FinSMEs.

95
article thumbnail

Industry Report: Business Services Q3 2024 [FOCUS Investment Banking]

Axial

M&A Industry Report: Business Services Q3 2024 | www.focusbankers.com FOCUS Investment Banking is a trusted name in M&A advisory services with a nationwide footprint and a global reach. An Axial member since 2010, FOCUS works across a broad range of industries and has marketed more than 225 deals on the Axial platform. FOCUS is a trusted member of the Axial Partnership Program and contributes content and industry insights to Axial’s Middle Market Review.

article thumbnail

3Gen Consulting Receives USD 22M Investment from Piramal Alternatives

FinSMEs

3Gen Consulting, a Mumbai, India-based provider of healthcare consulting and revenue cycle management (RCM) services, received a USD 22M investment from Piramal Alternatives. The company intends to use the funds to expand its operations, enhance its technological capabilities, and enter new markets. Led by CEO and Founder Hemant Apte, 3Gen Consulting is a healthcare consulting […] The post 3Gen Consulting Receives USD 22M Investment from Piramal Alternatives appeared first on FinSMEs.

article thumbnail

A moment of truth for green financial alliances

Financial Times: Moral Money

Also in todays newsletter, a new network for sustainability reporting in developing nations

44
article thumbnail

Retellio Raises $1.3M in Funding

FinSMEs

Retellio, a St. John’s, Newfoundland and Labrador, Canada-based provider of a B2B customer insights software platform, raised $1.3M in funding. The round was led by Pelorus Ventures, with participation from Island Capital, East Valley Ventures, The51, the Womens Equity Lab and others. The company intends to use the funds to expand operations and its development […] The post Retellio Raises $1.3M in Funding appeared first on FinSMEs.

Funds 58
article thumbnail

Honda and Nissan’s drive to survive

Financial Times M&A

Plus, the infamous German financier Lars Windhorst sits down to tell his side of the story and answer our questions on camera

41
article thumbnail

dTRINITY Launches Subsidized Stablecoin Lending Protocol on Fraxtal L2

FinSMEs

Singapore, Singapore, 18th December 2024, Chainwire The post dTRINITY Launches Subsidized Stablecoin Lending Protocol on Fraxtal L2 appeared first on FinSMEs.

52
article thumbnail

Larry Contrella and Mac Williams Recognized as Part of GrowthCap’s Top 40 Under 40 Growth Investors of 2024

JMI Equity

JMI Equity, a growth equity firm focused on investing in leading software companies, is proud to announce that two of its investment professionals, Partner Larry Contrella and Principal Mac Williams, have been named to GrowthCaps prestigious Top 40 Under 40 Growth Investors of 2024. This recognition highlights individuals who have made significant contributions to the evolution of growth equity and growth buyouts.

Buyout 40
article thumbnail

Sophon Mainnet Goes Live with $500M TVL and Strategic Industry Collaborations

FinSMEs

Dubai, India, 18th December 2024, Chainwire The post Sophon Mainnet Goes Live with $500M TVL and Strategic Industry Collaborations appeared first on FinSMEs.

52
article thumbnail

Tortoise Media closes deal to buy Observer

Financial Times M&A

Agreement gives owner of Guardian and Observer newspapers a 9% stake in digital start-up

Stakes 40
article thumbnail

ICEYE Closes $65M Extension to Existing Growth Round

FinSMEs

ICEYE, a Helsinki, Finland-based company which specializes in synthetic aperture radar (SAR) satellite operations for high-fidelity Earth Observation, persistent monitoring, and natural catastrophe solutions, raised $65M extension to existing growth round. Backers included Solidium Oy, BlackRock, Seraphim, Plio Limited, and Christo Georgiev. The company intends to use the funds to increase investment in further developing its […] The post ICEYE Closes $65M Extension to Existing Growth Roun

Funds 52
article thumbnail

Should You Buy XRP (Ripple) While It's Under $3?

The Motley Fool

The XRP (CRYPTO: XRP) cryptocurrency is skyrocketing these days. After trading sideways or down for more than three years, the crypto formerly known as Ripple sprung to life in November. As of Dec. 17, XRP has gained 396% in six weeks and risen in the blockchain market ranks. This is now the third-largest name in the crypto market, sorted by total market value.

article thumbnail

Plume Raises $20M in Series A Funding

FinSMEs

Plume, a NYC-based provider of an integrated modular Layer-1 blockchain focused on Real World Asset Finance (RWAfi), raised $20M in Series A funding. Backers included Brevan Howard Digital, Haun Ventures, Galaxy Ventures, Lightspeed Faction, Superscrypt, Hashkey, Laser Digital (Nomura Group), A Capital, 280 Capital, SV Angel, Reciprocal Ventures, and others.

Funds 52
article thumbnail

IDG Capital removed from Pentagon’s Chinese military ties list

Private Equity Wire

IDG Capital, a venture capital firm with offices in both Beijing and the United States, has been removed from a Pentagon list identifying companies with connections to the Chinese military, according to a Bloomberg report citing the US Department of Defense. Founded in 1993, IDG is one of the longest-standing firms in China and also operates offices in Boston and New York.

Capital 64
article thumbnail

Pepeto Project Launches Utility-Driven Solutions for Memecoins

FinSMEs

SAN FRANCISCO, United States, 18th December 2024, Chainwire The post Pepeto Project Launches Utility-Driven Solutions for Memecoins appeared first on FinSMEs.

52
article thumbnail

Eli Lilly Is Putting Dividend Growth Stocks to Shame With Yet Another Huge Increase to Its Payout

The Motley Fool

Dividend investors often prioritize stocks that have long track records for raising their payouts. But that can be a mistake. A long streak doesn't necessarily make a dividend stock a good long-term buy. After all, those increases may only be modest, for the sake of keeping the streak going. And if a company increases its dividend by just one or two percentage points, that's not even going to offset inflation.

article thumbnail

Jolt Energy Storage Technologies Closes $4M Series A Funding

FinSMEs

Jolt Energy Storage Technologies, a Holland, MI-based company which specializes in sustainable organic energy storage materials, raised $4M in Series A funding. Backers were not disclosed. The company intends to use the funds to accelerate prototype development, field testing, design and manufacturing processes to pave the way for commercial scalability of its organic flow battery […] The post Jolt Energy Storage Technologies Closes $4M Series A Funding appeared first on FinSMEs.

Funds 52