Day: August 22, 2023

Increasing prevalence of dental diseases is a key factor driving dental consumables market revenue growth Vancouver, Aug. 22, 2023 (GLOBE NEWSWIRE) — The global market for dental consumables, with a valuation of USD 25.30 Billion in 2021, is anticipated to achieve a compound annual growth rate (CAGR) of 7.1% throughout the forecast period, as per the most recent analysis conducted by Emergen Research. The surge in dental issues, heightened awareness regarding oral health, rapid advancements in medical technology, and the increasing trend of dental tourism stand out as primary catalysts propelling the growth of market revenues. Furthermore, the escalating prevalence of dental ailments such as tooth decay, gum disease, and tooth loss significantly contributes to the expansion of market revenues. Among these, dental caries (tooth...

Acquisition of Historical Horse Racing Technology Provider Allows CDI to Realize Immediate Operational Synergies in Virginia LOUISVILLE, Ky., Aug. 22, 2023 (GLOBE NEWSWIRE) — Churchill Downs Incorporated (“CDI” or “the Company”) (NASDAQ: CHDN) announced today that the Company has completed its previously-announced purchase of Exacta Systems, LLC (“Exacta”) for total consideration of $250 million in cash (the “Transaction”), subject to certain working capital and other purchase price adjustments. Exacta is a leading provider of technology to support historical horse racing (“HHR”) operations across the country. Through its ownership of Colonial Downs Racetrack and Rosie’s Gaming Emporium historical racing machine (“HRM”) facilities, the Transaction will enable CDI to realize significant and immediate synergies related to the Company’s...

Increasing adoption of LiDAR in engineering and construction applications is one of the major factors driving LiDAR market revenue growth Vancouver, Aug. 22, 2023 (GLOBE NEWSWIRE) — The worldwide market for Light Detection and Ranging (LiDAR) had a valuation of USD 1,821.3 Million in the year 2021. Based on the most recent analysis conducted by Emergen Research, it is projected to exhibit a Compound Annual Growth Rate (CAGR) of 12.5% throughout the anticipated period. The upswing in the utilization of LiDAR within Unmanned Aerial Vehicles (UAVs) and applications related to engineering and construction, coupled with heightened investments in Research & Development (R&D) endeavors, stands as significant catalysts propelling the augmentation of revenue within the market. Additionally, the expanding adoption of LiDAR for...

SkyQuest projects that the LED video wall market will attain a USD 47.5 billion value by 2030, with a CAGR of 11.8% over the forecast period (2023-2030). The LED video wall market is driven by continuous technological advancements. Innovations in LED display technology, such as finer pixel pitches, higher resolutions, and enhanced color accuracy, are captivating industries ranging from advertising to entertainment. As consumers demand immersive visual experiences, manufacturers invest in R&D to develop cutting-edge LED video walls that cater to these needs, fostering market growth. Westford, USA, Aug. 22, 2023 (GLOBE NEWSWIRE) — According to SkyQuest, the growing demand for impactful digital signage fuels the LED video wall market. Businesses seek dynamic solutions to engage audiences effectively, leading to widespread adoption...

Increasing requirement for endoscopy for early diagnosis and treatment of diseases is one of the major factors driving endoscope reprocessing market revenue growth Vancouver, Aug. 22, 2023 (GLOBE NEWSWIRE) — The size of the worldwide market for Endoscope Reprocessing reached USD 2.30 Billion in 2021, and it is projected to exhibit a Compound Annual Growth Rate (CAGR) of 9.6% in terms of revenue over the forecast period. This analysis has been conducted by Emergen Research. The upswing in demand for endoscopy as a means of early disease detection and treatment, coupled with an increased risk of infections linked to endoscopes, and the healthcare authorities’ enhanced focus on refining reprocessing protocols, stands out as the primary drivers behind the expansion of the endoscope reprocessing market. To obtain your free sample...

Significant Investment to Establish Platform Supporting the Energy Transition by Providing Critical Equipment for Compressed Gas Logistics HOUSTON and NEW YORK, Aug. 22, 2023 (GLOBE NEWSWIRE) — Apollo (NYSE: APO) today announced that Apollo-managed funds (the “Apollo Funds”) have acquired a majority interest in Composite Advanced Technologies, Inc (“CATEC” or the “Company”), a leading provider of compressed natural gas (“CNG”), renewable natural gas (“RNG”) and hydrogen transportation and storage solutions in the United States. CATEC’s products and services help its customers transition away from carbon-intensive fossil fuels towards cleaner alternatives. Founded in 2014 and based in Houston, CATEC manufactures large format Type IV cylinders that facilitate the use of natural gas and hydrogen across a wide variety of industry applications...

Not for dissemination in the United States TORONTO, Aug. 22, 2023 (GLOBE NEWSWIRE) — KingSett Real Estate Growth LP No. 7 (“KSLP7”) and KingSett Canadian Real Estate Income Fund LP (“CREIF”), limited partnerships managed by and affiliated with KingSett Capital Inc., KAM Galaxy Fund LP (“KAM”) and NG (No. 1) Limited Partnership (“NG”), limited partnerships whose general partners are controlled by KSLP7, announced that on August 21, 2023, in connection with the completion of the previously announced recapitalization (the “Recapitalization”) of Northview Residential REIT (the “REIT”), CREIF acquired 62,619 Class C Units based on a price of $26.355 per Class C Unit, having an aggregate value of $1,650,324, pursuant to a private agreement, KSLP7 acquired 62,619 Class C Units based on a price of $26.355 per Class C Unit, having an aggregate...