Description about the company receiving the funding: PepsiCo, Inc. is set to acquire the remaining 50% interest in Sabra Dipping Company, LLC and PepsiCoStrauss Fresh Dips & Spreads International GmbH (Obela), taking full ownership of these companies. Sabra is a leading hummus brand in North America, while Obela operates in Australia, New Zealand, and Mexico….
Federated IT, a trusted provider of missioncritical services to the U.S. government, has received a strategic investment from Bridge Defense, a defensetechnology company. Founded in 2002, Federated IT has built a reputation as a reliable partner for the U.S. Intelligence Community and the Department of Defense, offering expertise in cloud computing, data center operations and…
Empire Petroleum Corporation, a publicly traded company based in Tulsa, Oklahoma, focuses on oil and gas production. Empire is enhancing its financial resources by expanding its Revolver Loan Agreement with Equity Bank. The agreement increases the total principal commitment to $20.0 million, up from an initial $10.0 million, through December 29, 2026. Currently, Empire has…
qBotica, a leader in Intelligent Automation and AI solutions, is revolutionizing industries such as healthcare, finance, and CX with innovative Agentic AI technologies. Their impressive 335% revenue growth has been recognized in the 2024 Deloitte Technology Fast 500™. qBotica’s CEO, Mahesh Vinayagam, attributes this success to the companys dedication to innovation and the trust of…
Helen of Troy Limited (NASDAQ: HELE), a designer, developer, and worldwide marketer of branded consumer home, outdoor, beauty, and wellness products, announced its definitive merger agreement to acquire Olive & June, LLC. Olive & June, founded in 2013, is an innovative omnichannel nail care brand at the forefront of the DIY nail revolution. The acquisition…
Phytolon, an Israeli biotech/food tech startup specializing in producing natural food colors through precision fermentation, recently secured strategic investment from Rich Products Ventures (RPV). The investment will aid in the commercialization of Phytolons sustainable and cleanlabel natural food coloring solutions. Additionally, existing shareholders, including EITFood, Arkin Holdings, and Yossi Ackerman, provided further financial backing. The…
Golub Capital BDC, Inc. (“GBDC” or the “Company”), a business development company focused on middlemarket lending, completed a $2.2 billion term debt securitization on November 18, 2024. This initiative is aimed at reducing borrowing costs and providing additional investment flexibility. The secured notes were issued by Golub Capital BDC CLO 8 LLC, a subsidiary of…
Axos Bank, a subsidiary of Axos Financial, Inc., has announced the launch of its Technology & Life Sciences Banking Division. The bank is stepping into the innovation economy, focusing on supporting Venture Capital and Private Equity Firms through dedicated teams located in Palo Alto, San Francisco, Boston, New York, and Los Angeles. The division will…
Description of ARCALIS: ARCALIS is a joint venture formed between Axcelead, Inc., and Arcturus Therapeutics, Inc. It is focused on the development of mRNA pharmaceuticals and vaccines as well as providing contract development and manufacturing organization (CDMO) services. The company aims to establish a complete system for the domestic production of mRNA vaccines, covering manufacturing…
Company Description: Ameriprise Financial has been supporting communities across the country for 15 years by addressing food insecurity through its National Day of Service. The firm partners with Feeding America, leveraging their nationwide network of food banks and meal programs to alleviate hunger. Funding Purpose: Alongside volunteer efforts, Ameriprise is providing nearly $2.8 million in…