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SPS Commerce to Acquire Carbon6 Technologies

Acquisition builds on the company’s revenue recovery portfolio with increased support for Amazon sellers Company to host conference call today at 5:00 p.m. ET MINNEAPOLIS, Jan. 02, 2025 (GLOBE NEWSWIRE) — SPS Commerce, Inc. (NASDAQ: SPSC), a leader in retail supply chain cloud services, today announced that it has reached an agreement to acquire Carbon6 Technologies, Inc. (Carbon6), a provider of software tools to Amazon sellers, including specialized offerings for revenue recovery for both first-party (1P) and third-party (3P) suppliers. The transaction is subject to customary closing conditions, including any necessary regulatory approvals. Whether selling to Amazon as a first-party seller or through Amazon’s marketplace as a third-party seller, there are specific supply chain processes suppliers must adopt to maximize revenue...

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Alpine Income Property Trust Announces Acquisition of Lowe’s Home Improvement

Full Year Investment Activity Reached $134.7 Million; Dispositions Totaled $75.6 Million WINTER PARK, Fla., Jan. 02, 2025 (GLOBE NEWSWIRE) — Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company” or “PINE”), an owner and operator of single tenant net leased commercial income properties, today announced the acquisition of a property leased to Lowe’s Home Improvement, and updated fourth quarter and full year 2024 investment and disposition activity.  2024 Investment Activity Completed a $22.5 million purchase of a single-tenant property leased to Lowe’s Home Improvement located in Knoxville, TN in December 2024. The lease has approximately 13 years of remaining term. Lowe’s (S&P rating: BBB+) is now the Company’s second largest tenant based on annual base rent (“ABR”) after Dick’s Sporting Goods (S&P rating: BBB).    Full...

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EssilorLuxottica strengthens its presence in the hearing space with the acquisition of an AI-driven tech startup in France

EssilorLuxottica strengthens its presence in the hearing space with the acquisition of an AI-driven tech startup in France Pulse Audition features technology that can embed AI-based speech enhancement into glasses Paris, France (2 January 2025) – EssilorLuxottica takes a leap forward in its innovation journey with the acquisition of Pulse Audition, a French startup delivering AI-based noise reduction and voice enhancement through algorithms allowing people with hearing impairment to better understand speech, even in noisy environments. By integrating Pulse Audition’s proprietary technologies, expertise in AI software development, embedded AI, and audio signal processing, as well as its top talents, EssilorLuxottica will complement proprietary hardware and software to improve the quality of its products and solutions in the long-term....

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SCOR finalizes the sale of its stake in the Humensis group

Press release02 January 2025 – N° 01 SCOR finalizes the sale of its stakein the Humensis group SCOR announces that it has finalized the sale of its stake in the capital of Humensis to Huyghens de Participations, the holding company of the Albin Michel group. Humensis was founded in 2016 with the aim of spreading knowledge. SCOR supported its development, making it the ninth largest generalist and educational publishing group in France. Initially structured around Presses Universitaires de France (PUF) and Editions Belin, Humensis is now a diversified company made up of strong, recognized brands (Belin, PUF, Que sais-je ?, Editions de l’Observatoire, Editions des Equateurs, and more). By selling its stake to Albin Michel, SCOR is entrusting a key player in the publishing industry with the preservation and future development of the...

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Mattr Completes Acquisition of AmerCable, Establishing US Wire and Cable Manufacturing Footprint

TORONTO, Jan. 02, 2025 (GLOBE NEWSWIRE) — Mattr Corp. (“Mattr” or the “Company”) (TSX: MATR) announced today that it has closed its previously announced acquisition of AmerCable Incorporated (“AmerCable”) [see press release], which now forms part of Mattr’s Connection Technologies reporting segment. Under the terms of the transaction, Mattr has acquired all of the outstanding shares of AmerCable from Nexans USA Inc. (“Nexans”) (EPA:NEX) for a purchase price of US$280M. “The addition of AmerCable to our portfolio positions Mattr as a premier provider of highly engineered wire and cable technologies across the North American marketplace,” said Mike Reeves, Mattr’s President and CEO. “AmerCable’s broad portfolio of low and medium-voltage electrical power, control and instrumentation cable solutions expands and complements Mattr’s...

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Nexans completes the sale of AmerCable to Mattr

Nexans completes the sale of AmerCable to Mattr _PRESS RELEASE_ Paris, January 2, 2025 – Nexans announces today the completion of the sale of AmerCable, a leading manufacturer of electrical power, control and instrumentation cables for harsh environments, to Mattr, for an enterprise value of US$280 million. Christopher Guérin, CEO of Nexans stated: “The completion of this transaction marks yet another significant milestone in our journey to refocus the Group on electrification and simplify our portfolio. Over the past decade, AmerCable has been transformed into a high-performing business, achieving its full potential under our SHIFT program. We thank our AmerCable colleagues for their dedication and contributions and wish them every success for their exciting next chapter.” The divestiture aligns with Nexans’ long-term strategy and allows...

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CareSource, Common Ground Healthcare Cooperative affiliation approved

Cathy MahaffeyCathy Mahaffey has led CGHC since 2014 and will continue to lead in a new role as CEO, Common Ground Healthcare Cooperative and CareSource market president, Wisconsin.Scott MarkovichScott Markovich is the executive vice president of markets and products at CareSource.DAYTON, Ohio/BROOKFIELD, Wis., Jan. 02, 2025 (GLOBE NEWSWIRE) — The Wisconsin Office of the Commissioner of Insurance has approved the affiliation between CareSource and Common Ground Healthcare Cooperative (CGHC), enabling the two nonprofit organizations to close their transaction effective Jan. 1, 2025. The decision follows the Centers for Medicare & Medicaid Services Center for Consumer Information and Insurance Oversight’s action to allow the agreement to move forward. The new affiliation will enhance the ways both nonprofit...

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CECO Environmental Announces Expiration of Tender Offer Period for Outstanding Shares of Profire Energy

ADDISON, Texas, Jan. 02, 2025 (GLOBE NEWSWIRE) — CECO Environmental Corp. (Nasdaq: CECO) (together with its consolidated subsidiaries and affiliates, “CECO”), a leading environmentally focused, diversified industrial company whose solutions protect people, the environment and industrial equipment, today announced the successful completion of the previously announced tender offer (the “Offer”) to acquire all of the issued and outstanding shares (the “Shares”) of Profire Energy, Inc. (Nasdaq: PFIE) (“PFIE” or the “Company”) at a price per share of $2.55, in cash, without interest and less applicable withholding taxes, by CECO’s wholly owned subsidiary, Combustion Merger Sub, Inc. (“Purchaser”). The Offer expired at one minute after 11:59 P.M. New York City time on December 31, 2024 (the “Expiration Time”). The Offer was made pursuant...

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Quisitive to be Acquired by H.I.G. Capital

Transaction facilitates Quisitive’s next chapter of growth and expands its opportunity to further enhance the delivery of market-leading and transformational solutions to its clients All-cash consideration delivers significant and immediate value to Quisitive shareholders: purchase price represents a 57.1% premium to the 20-day volume-weighted average price per share for the period ending on December 31, 2024, and a 52.0% premium to the closing price on December 31, 2024 The Board of Directors of Quisitive, after receiving the unanimous recommendation from a special committee of independent directors, unanimously determined (with an interested director abstaining) that the transaction is fair and in the best interests of the CompanyTORONTO, Jan. 02, 2025 (GLOBE NEWSWIRE) — Quisitive Technology Solutions Inc. (“Quisitive” or...

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Carmell Announces Execution of Definitive Agreement to Acquire Elevai Skincare, a leader in Physician Dispensed Exosome Skin and Hair Care Products

PITTSBURGH, Jan. 02, 2025 (GLOBE NEWSWIRE) — Carmell Corporation (Nasdaq: CTCX), a bio-aesthetics company focused on skin and hair health (“Carmell”, the “Company”, “we”, “our”, or “us”), today announced that it entered into a definitive purchase agreement with PMGC Holdings Inc. (formerly Elevai Labs Inc.) and its wholly owned subsidiary, Elevai Skincare Inc. (“Elevai”), to acquire the assets related to its skincare and haircare business (the “Acquisition”). The purchase consideration for the Acquisition is as follows:Approximately $1.1 million in Carmell common stock at the closing of the Acquisition (the “Closing”); Approximately $57,000 in cash upon the sale of specified inventory existing as of the Closing; Contingent earnout consideration consisting of:5% of net sales from Elevai’s existing products paid annually during...

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