AUSTIN, Texas––Sverica Capital Management LP announced today the sale of its Fund V portfolio company Coastal Cloud Holdings, LLC to Tata Consultancy Services Limited for $700 million. This marks the culmination of a five-year successful partnership with Coastal, during which the Company more than quadrupled in size […]

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TOKYO––Asahi Kasei, a diversified global manufacturer in the Healthcare, Homes, and Material sectors, announces its strategic divestiture of Daramic, a lead battery separator business, to Kingswood Capital Management, LP. The Daramic business transfer closed on December 1, 2025. The effect on Asahi Kasei’s consolidated financial results for fiscal 2025 is immaterial. “As we enter […]

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S&P Global and MSCI announce Qnity Electronics GICS code designation of Information Technology WILMINGTON, Del.––Qnity Electronics, Inc. , a premier technology solutions leader across the semiconductor value chain, will join the S&P 500 when its stock begins “regular-way” trading on the NYSE on Nov. 3, 2025 under the ticker symbol “Q” following its intended […]

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Companies Align as Partners to Better Serve Retailers and Customers SALT LAKE CITY––PROG Holdings, Inc. , the fintech holding company for Progressive Leasing, Four Technologies, and Build, today announced the sale of its Vive Financial credit card receivables portfolio to Atlanticus Holdings Corporation . The transaction is expected to improve PROG Holdings’ capital […]

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AUSTIN, Texas––#btc–Empery Digital Inc. today announced it has entered into an agreement with Venom EV, LLC , to divest the Volcon brand in exchange for a non-dilutable 10% equity position in Venom’s reorganized Delaware corporation on a fully-diluted basis. Empery Digital transferred all Volcon intellectual property, brand […]

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LONDON––#DataCenters—Verne, the leading provider of low-carbon high-performance data centers across the Nordics, has today announced that Glesys, a leading Nordic provider of cloud and IaaS services, will acquire Verne’s managed private cloud operations in Finland, including data center facilities in Pori and Tampere. The agreement reflects both companies’ strategic priorities: for Glesys, it represents […]

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LONDON & KIGALI, Rwanda––IHS Holding Limited, , one of the largest independent owners, operators and developers of shared communications infrastructure in the world by tower count, has today announced the completion of the sale of 100% of IHS Rwanda Limited including its approximately 1,467 sites1 to Paradigm Tower Ventures […]

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FAIRMONT, W.Va.––#banking–MVB Financial Corp. , the holding company for MVB Bank, Inc. , announced today that it has signed and closed a definitive agreement to sell substantially all assets and operations of Victor Technologies, Inc. to Jack Henry & Associates effective […]

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Backed by leading investors, the Company will recapitalize the Teaching & Learning business on a stand-alone, debt-free basis Company to pursue strategic divestitures of Enterprise Operations, Lifecycle Engagement, and Student Success businesses BOCA RATON, Fla.––Anthology , a leading software as a service educational technology provider, announced today that it has initiated a […]

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GREENSBORO, N.C.––Gilbarco Veeder-Root, a Vontier company and global technology leader for retail and commercial fueling operations, today announced the completion of the divestiture of its European service operations, to TSG, the European leader in technical services for responsible mobility solutions. The transaction, which includes operations in United Kingdom, Denmark, Finland, Norway, Sweden, Estonia, Latvia, […]

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