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Avid Bioservices poised for significant growth with new partners GHO Capital and Ampersand Capital Partners

Acquisition of biologics Contract Development and Manufacturing Organisation Avid Bioservices now completed GHO and Ampersand’s deep experience in CDMO investing to support Avid’s next stage of rapid growth including expanded offerings, talent investment and greater geographic reachLONDON and BOSTON and TUSTIN, Calif., Feb. 05, 2025 (GLOBE NEWSWIRE) — GHO Capital Partners LLP (“GHO”), the European specialist investor in global healthcare, and Ampersand Capital Partners (“Ampersand”), a private equity firm specialising in growth equity investments in the life sciences and healthcare sectors, today announced the successful closing of the previously announced acquisition of Avid Bioservices (“Avid” of the “Company”), a dedicated biologics Contract Development and Manufacturing Organisation (“CDMO”) working to improve...

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Newsela Acquires Generation Genius to Enhance Real-World Connections in Science and Math

NEW YORK, Feb. 05, 2025 (GLOBE NEWSWIRE) — Newsela, a leading provider of high-quality instructional and assessment products for K-12, announced today that the company has acquired Generation Genius, a trusted educational streaming platform for K-8 science and math videos, activities, and lessons. With Generation Genius in its suite of products, Newsela continues to make it easier to deliver meaningful learning across all core subjects. “We’re thrilled to welcome Generation Genius into the Newsela family. Our company launched with the idea that the foundation to learning is enabling students to make real-world connections through engaging, accessible content. This addition is another step towards deepening our impact on student outcomes and supporting teachers in what they do best,” said Pep Carrera, Chief Executive Officer at...

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CPDG Enters into Share Purchase Agreement With London Based Property Development Group Rock 102

LONDON, Feb. 05, 2025 (GLOBE NEWSWIRE) — Cheshire Property Development Group Limited, (“CPDG” or the “Company”) a leading luxury real-estate development Company with a strong emphasis on creating opulent living and exclusive residential real-estate, is pleased to announce, pursuant to our previously broadcast Stock Purchase Agreement with the private equity group Green Coast Capital International outlining our intent to increase the Company’s luxury property portfolio, it has entered into a Share Purchase Agreement (the “Agreement”) with the London based property development company Rock 102 Limited (“ROK”). Under the Agreement, CPDG has agreed to acquire all issued and outstanding shares in ROK, the transaction is subject to certain milestones set out within the terms of the Agreement, the closing of the transaction is subject...

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Bitdeer Announces Strategic Acquisition of 101 MW Site and Gas-fired Power Project in Alberta to Deliver the Industry’s First Fully-Vertically Integrated Bitcoin Mining Site

SINGAPORE, Feb. 04, 2025 (GLOBE NEWSWIRE) — Bitdeer Technologies Group (NASDAQ: BTDR) (“Bitdeer” or the “Company”), a world-leading technology company for blockchain and high-performance computing, today announced the successful close of the acquisition of a fully licensed and permitted 101 MW site and gas-fired power project situated on 19 acres of land near Fox Creek, Alberta in an all-cash transaction for $21.7 million. The site has potential to scale to 1 GW of power, reflecting Alberta’s abundant energy resources, supportive regulatory posture and pro-business environment. The 101 MW gas-fired power project includes all permits and licenses required to construct an on-site natural gas power plant, as well as approval for a 99 MW grid interconnection with Alberta Electric System Operator (“AESO”). Bitdeer will develop and construct...

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Revium Rx (RVRC) Completes Acquisition of LipoVation Ltd.

Revium Rx Shifts Focus with Acquisition of LipoVation Ltd., Advancing Nanoparticle-Based Drug Development Israel, Feb. 04, 2025 (GLOBE NEWSWIRE) — February 4, 2025 – Revium Rx (formerly Revium Recovery Inc., OTC: RVRC) has completed the strategic acquisition of LipoVation Ltd., an Israeli development-stage company specializing in lipid-based nano/micro particle medicines. This acquisition marks a significant shift in Revium Rx’s focus toward nanoparticle-based therapeutics, positioning the company at the forefront of advanced drug delivery technologies for hard-to-treat diseases. LipoVation’s core technology was conceptualized by Prof. Yehezkel Barenholz, a world-renowned scientist and the inventor of Doxil, the first FDA-approved liposomal chemotherapy drug, widely used in the treatment of ovarian cancer, multiple myeloma, and...

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Defy Investments Acquires Davis Homes

Continuing a Rich Tradition of Building Dream Homes for Indiana FamiliesDefy InvestmentsDefy Investments is an investment and management company focused on acquiring and growing innovative construction companies in the commercial and residential sectors.Davis HomesFounded on a legacy of excellence, the Davis companies have built over 25,000 homes in Indiana, specializing in custom “on your lot” construction and new builds in vibrant communities.Fort Wayne, Indiana, Feb. 04, 2025 (GLOBE NEWSWIRE) — Defy Investments, a newly established investment and management company focused on acquiring and growing commercial and residential construction companies, announced today it has acquired Indianapolis-based homebuilder Davis Homes. This acquisition marks a pivotal step in Defy’s mission to challenge industry norms...

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QMMS USA, LLC Launches ENT and Allergy Associates of Pennsylvania through Strategic Partnership with Allergy and Asthma Care

AAC, a recognized leader in allergy and asthma care in the Delaware Valley for over 45 years, will begin to operate under the new brand of ENT and Allergy Associates of Pennsylvania early in 2025. Tarrytown, New York, Feb. 04, 2025 (GLOBE NEWSWIRE) — Quality Medical Management Services USA, LLC (QMMS USA), an affiliate of ENT and Allergy Associates, LLP, is excited to announce the formation of ENT and Allergy Associates of Pennsylvania (ENTA – PA). The esteemed physicians of Allergy and Asthma Care (AAC) will be the first physicians to join the ENTA – PA model, facilitating ENT and Allergy Associates’ brand entry into the Pennsylvania market and continuing its commitment to provide high-quality, patient-centric care in the Mid-Atlantic region. AAC, a recognized leader in allergy and asthma care in the Delaware Valley for...

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CORRECTION – ACNB Corporation Announces Completion of Traditions Bancorp, Inc. Acquisition

GETTYSBURG, Pa., Feb. 04, 2025 (GLOBE NEWSWIRE) — In a release issued under the same headline on February 3, 2025 by ACNB Corporation please note that in the third paragraph of the release, the deposit amount has been corrected to $2.54 billion instead of $2.04 billion. The corrected release follows: ACNB Corporation (NASDAQ: ACNB), the parent financial holding company of ACNB Bank, a Pennsylvania state-chartered, FDIC-insured community bank, headquartered in Gettysburg, PA, announced the completion of the acquisition of Traditions Bancorp, Inc. (“Traditions”) and its wholly-owned subsidiary, Traditions Bank, headquartered in York, PA, effective February 1, 2025. Traditions was merged with and into a wholly-owned subsidiary of ACNB Corporation immediately followed by the merger of Traditions Bank with and into ACNB Bank. ACNB Bank...

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Kinematics Strengthens Global Leadership in Solar Tracker Intelligence with Completion of P4Q Acquisition

Integration Establishes World’s Largest Provider of Motion Control Technology for Utility-Scale SolarKinematics completes its acquisition of P4QKinematics announced the successful completion of its acquisition of P4Q.PHOENIX, Feb. 04, 2025 (GLOBE NEWSWIRE) — Kinematics, a global leader in intelligent motion control, today announced the successful completion of its acquisition of P4Q. By integrating P4Q’s high-performance electronics portfolio—including over 1 million solar controllers deployed across 2,400 solar sites globally—with Kinematics’ installed base of 2.9 million solar actuators, the combined company becomes the world’s largest supplier of motion control technology for solar trackers supporting more than 134 gigawatts of solar installations worldwide. Kinematics has gained P4Q’s expertise...

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UDF IV Urges Shareholders to Vote “FOR” Ready Capital Merger Agreement Ahead of March 4, 2025 Special Meeting of Shareholders

UDF IV shareholders may receive up to $5.89 per UDF share through a combination of: (i) pre-closing distributions of UDF IV’s own cash from its balance sheet, (ii) shares issued at closing by Ready Capital for UDF IV shares, and (iii) contingent value rights Visit www.udfivreadycapmerger.com for Voting Instructions and Other Information IRVING, Texas, Feb. 04, 2025 (GLOBE NEWSWIRE) — United Development Funding IV (“UDF IV” or the “Trust”) today mailed a letter to UDF IV shareholders urging them to vote “FOR” the Ready Capital merger as soon as possible ahead of the Special Meeting of Shareholders on March 4, 2025. Voting to support the merger is critical to ensuring that shareholders can receive the compelling value it will deliver. Abstentions from voting will have the same effect as votes against the merger. The full text of...

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