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Velocity Global acquires iWorkGlobal to accelerate remote work and global expansion platform; receives $100M growth investment from FFL Partners

Press release content from News Direct Corporation. The AP news staff was not involved in its creation.
Velocity Global acquires iWorkGlobal to accelerate remote work and global expansion platform; receives $100M growth investment from FFL Partners
April 6, 2021 GMT
News Direct
Velocity Global, the leading provider of global expansion solutions, today announced its acquisition of iWorkGlobal, a wholly owned subsidiary of Gary D. Nelson and Associates, and a $100 million growth investment from private equity firm FFL Partners. The combined company, under the Velocity Global name, creates the largest U.S. domestic and global Employer of Record (EoR) and accelerates the future of remote work for companies around the world. ....

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SK Capital Partners Closes Acquisition of IPACKCHEM

Press release content from Business Wire. The AP news staff was not involved in its creation.
SK Capital Partners Closes Acquisition of IPACKCHEM
April 6, 2021 GMT
NEW YORK (BUSINESS WIRE) Apr 6, 2021
SK Capital Partners, LP, a private investment firm focused on the specialty materials, chemicals and pharmaceuticals sectors, has completed its previously announced acquisition of IPACKCHEM Group SAS (“IPACKCHEM” or the “Company”), a leader in sustainability-oriented barrier packaging.
Founded in 1987 by Jean-Philippe Morvan as a division of Air Products Group, IPACKCHEM is a leading global supplier of innovative and specialized barrier packaging solutions. IPACKCHEM’s leading market positions in the Crop Protection and Specialty Chemical markets are further underscored by its commitment to providing 100% recyclable plastic barrier packaging. IPACKCHEM is headquartered in Paris, with global operations spanning seven countries and four continents. ....

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HYBE And Ithaca Holdings Join Forces To Lead The Global Music Industry Innovation

Press release content from PR Newswire. The AP news staff was not involved in its creation.
HYBE And Ithaca Holdings Join Forces To Lead The Global Music Industry Innovation
April 2, 2021 GMT
SEOUL, South Korea, April 2, 2021 /PRNewswire/ HYBE (formerly Big Hit Entertainment), a South Korean entertainment lifestyle platform company, is joining forces with Ithaca Holdings, a fully integrated media company with interests across music, tech, film, television, brands and culture led by SB Projects’ founder Scooter Braun. As part of this historic international deal, HYBE will acquire through its wholly owned subsidiary HYBE America, a 100% stake in Ithaca Holdings and its properties such as SB Projects and Big Machine Label Group. Ithaca Holdings CEO Scott “Scooter” Braun will join the board of HYBE and Scott Borchetta will remain CEO of Big Machine Label Group. Artists of both companies will participate in the capital increase of HYBE, to further strengthen the tie ....

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Legion Capital Corp. Retains Emerging Markets Consulting, LLC to Provide Investor Relations Services

Press release content from Globe Newswire. The AP news staff was not involved in its creation. ....

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Corvus Raises $100M in Series C Financing to Further Advance Its Mission of Transforming Commercial Insurance

Press release content from Business Wire. The AP news staff was not involved in its creation.
Corvus Raises $100M in Series C Financing to Further Advance Its Mission of Transforming Commercial Insurance
March 10, 2021 GMT
Left: Mike Lloyd, Co-Founder, Chief Product Officer. Right: Phil Edmundson, Founder, Chief Executive Officer. (Photo: Business Wire)
Left: Mike Lloyd, Co-Founder, Chief Product Officer. Right: Phil Edmundson, Founder, Chief Executive Officer. (Photo: Business Wire)
BOSTON (BUSINESS WIRE) Mar 10, 2021
Corvus Insurance, the leading provider of smart commercial insurance products powered by AI-driven risk data, today announced it has secured $100 million in Series C funding in a round led by global venture capital and private equity firm Insight Partners, and including all of its previous institutional investors, increasing Corvus’s valuation to $750 million. This latest investment, following last year’s $33 million Series B round, brin ....

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