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Palm Tree Advises Datamatics in its Acquisition of Dextara Digital

Retrieved on: 
Tuesday, April 16, 2024

LOS ANGELES, April 16, 2024 /PRNewswire/ -- Palm Tree LLC ("Palm Tree"), the modern M&A advisor that provides integrated investment banking and consulting services for private equity firms and businesses worldwide, is pleased to announce its Investment Banking division has successfully advised Datamatics, a leading global Digital Technologies, Operations, and Experiences company, on its acquisition of Dextara Digital, a premier provider of Salesforce services. The acquisition will allow Datamatics to expand its capabilities in the Salesforce ecosystem, enabling it to tap into the growing Salesforce market while further strengthening its position as a leading Digital Technologies provider.

Key Points: 
  • LOS ANGELES, April 16, 2024 /PRNewswire/ -- Palm Tree LLC ("Palm Tree"), the modern M&A advisor that provides integrated investment banking and consulting services for private equity firms and businesses worldwide, is pleased to announce its Investment Banking division has successfully advised Datamatics , a leading global Digital Technologies, Operations, and Experiences company, on its acquisition of Dextara Digital, a premier provider of Salesforce services.
  • Dextara Digital is a Salesforce Summit (Platinum) Consulting and ISV partner and has more than 250 Salesforce certifications.
  • Additionally, Dextara Digital has developed purpose-built products such as Dextara CPQ, DXHealth+, and DXTemplates, all available on Salesforce AppExchange.
  • "We're thrilled with the successful acquisition of Dextara Digital by Datamatics.

Palm Tree Names Michael Schall as a Strategic Industry Advisor for Investment Banking Operations

Retrieved on: 
Tuesday, March 12, 2024

Palm Tree LLC (“Palm Tree”), the modern M&A advisor providing integrated investment banking and financial consulting services to middle market businesses, today announced Michael Schall as a strategic industry advisor on the Consumer Packaged Goods (CPG) and Food & Beverage (F&B) industries for its investment banking operations.

Key Points: 
  • Palm Tree LLC (“Palm Tree”), the modern M&A advisor providing integrated investment banking and financial consulting services to middle market businesses, today announced Michael Schall as a strategic industry advisor on the Consumer Packaged Goods (CPG) and Food & Beverage (F&B) industries for its investment banking operations.
  • “Michael is uniquely qualified to advise on growth efforts within this comprehensive industry, given his extensive experience within CPG and F&B-focused operations spanning over 40 years.
  • “I am honored by the opportunity to advise Palm Tree on driving growth and maintaining forward momentum for its CPG and F&B investment banking practice,” said Mr. Schall.
  • He is also a partner at Meaningful Partners , a Senior Advisor to Conscious Capitalism , and an operating adviser for Graham Partners .

Palm Tree Crew Raises New Funding at $150M Valuation to Expand its Global Entertainment and Investment Platform

Retrieved on: 
Tuesday, January 16, 2024

MIAMI, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Palm Tree Crew, an entertainment, hospitality, and investment holding company, recently closed a new round of funding at a $150M valuation.

Key Points: 
  • MIAMI, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Palm Tree Crew, an entertainment, hospitality, and investment holding company, recently closed a new round of funding at a $150M valuation.
  • Founded by global music icon, Kyrre Gørvell-Dahll (“Kygo”), and his manager Myles Shear, Palm Tree Crew (“PTC”) is a diversified holding company that operates a global live events and hospitality business, a lifestyle consumer brand, and a multi-stage investment platform.
  • "At Palm Tree Crew, we are building a next-generation lifestyle company that brings our fans incredible experiences and offerings all over the world,” said Kyrre, co-founder of Palm Tree Crew.
  • "We are incredibly excited about the momentum behind Palm Tree Crew and the opportunities we have ahead of us,” said Palm Tree Crew CEO Michael Diaz.

Winners Unveiled for the 6th Blancpain-Imaginist Literary Prize

Retrieved on: 
Thursday, November 23, 2023

BEIJING, Nov. 23, 2023 /PRNewswire/ -- On October 24, 2023, the award ceremony for the 6th Blancpain-Imaginist Literary Prize was held in Beijing. Yang Zhihan won first prize for her work Yituan Jianbing (literally, "a block of solid ice"). The prize, co-sponsored by Swiss luxury watch brand Blancpain and China's most influential cultural brand Imaginist, aims to create a literary accolade that is impartial, authoritative, professional and enduring while honoring a work that is likely to stimulate international dialogue. The co-sponsors, Blancpain and the Imaginist, continue on their quest to convey a simple but meaningful message to the public: "Reading makes time more valuable".

Key Points: 
  • Yang Zhihan won first prize for her work Yituan Jianbing (literally, "a block of solid ice").
  • The recipient of the first prize received a cash award of 300,000 yuan (approx.
  • US$2,790, provided by Blancpain) to support their creative endeavors and inspire them to continue their literary work.
  • Tang Nuo, literary critic, writer, and member of the jury of the first Blancpain-Imaginist Literary Prize.

Palm Tree LLC Opens Dallas Office to Serve Growing Market

Retrieved on: 
Wednesday, September 27, 2023

"Palm Tree recognizes a significant opportunity in Dallas, a thriving metropolitan hub within Texas, aligning seamlessly with our core sectors of focus.

Key Points: 
  • "Palm Tree recognizes a significant opportunity in Dallas, a thriving metropolitan hub within Texas, aligning seamlessly with our core sectors of focus.
  • These encompass industrials, manufacturing, energy, business services, consumer, education, tourism, and hospitality," explained Pardis Nasseri, CEO and President of Palm Tree.
  • In May 2023, Phillip Cooper, a Texas native and an investment banking Managing Director at Palm Tree, joined Rouzheen Myrick in Dallas to provide the full suite of Palm Tree services to clients.
  • As an original Palm Tree consultant in these cities, I have witnessed the rapid growth within the Dallas-Fort Worth middle market.

Palm Tree Supplements Growing Investment Banking Team with Industry Veterans

Retrieved on: 
Tuesday, September 12, 2023

Palm Tree LLC (“Palm Tree”), the modern M&A advisor that provides integrated investment banking and consulting services for private equity firms and businesses worldwide, today announced that investment banking icons Tracy Albert and David M.V.

Key Points: 
  • Palm Tree LLC (“Palm Tree”), the modern M&A advisor that provides integrated investment banking and consulting services for private equity firms and businesses worldwide, today announced that investment banking icons Tracy Albert and David M.V.
  • “We are excited to share the appointment of a storied dealmaking partnership in the M&A and sponsor communities to our investment banking team,” said Pardis Nasseri, Chief Executive Officer and President of Palm Tree.
  • Tracy Albert joins as Vice Chairman of Investment Banking and will lead client coverage and business development initiatives to support Palm Tree’s continued growth.
  • Albert previously held several senior investment banking roles, most recently at JD Merit and Company, where he was Vice Chairman and responsible for planning and strategic direction of the firm.

Fabletics Partners with Khloé Kardashian to Launch Desert-Inspired Collection

Retrieved on: 
Wednesday, September 6, 2023

EL SEGUNDO, Calif., Sept. 06, 2023 (GLOBE NEWSWIRE) -- Fabletics, the world’s most fashionable, high-performance active wear brand, announces its latest celebrity collection in partnership with entrepreneur, fitness lover and television star Khloé Kardashian. The nine fashion-forward pieces have a bold, desert-inspired theme and reflect Khloe’s personal style and aesthetic.

Key Points: 
  • “Staying active, working out and taking care of my health is a priority – it’s what keeps me strong and persistent,” said Kardashian.
  • “Fabletics shares these values and empowered me to put my personal touch into this collection.
  • “We’re thrilled to partner with Khloé,” said Ginger Ressler, co-founder of Fabletics.
  • Fabletics x Khloé will be available in Fabletics physical stores across the globe and for purchase at Fabletics.com/Khloe starting September 8, 2023.

Palm Tree Advises The Neato Company on Debt Financing to Support Rapid Growth

Retrieved on: 
Tuesday, August 15, 2023

Today, Neato is a top 500 storefront on Amazon with a presence in eight countries around the world.

Key Points: 
  • Today, Neato is a top 500 storefront on Amazon with a presence in eight countries around the world.
  • The financing will help the company to execute its aggressive growth goals globally.
  • "We were very pleased to assist Neato with raising debt to support the company's rapid growth," said Phillip Cooper , Managing Director of Palm Tree.
  • "As a strategic partner that accelerates brand success on digital marketplaces, Neato saw explosive growth during the pandemic, when many retailers refocused on e-commerce," said Anthony Connelly, CEO of Neato.

Palm Tree LLC Opens New Office in the Heart of Chicago’s Loop

Retrieved on: 
Tuesday, July 11, 2023

Palm Tree LLC (“Palm Tree”), the modern M&A advisor that provides integrated investment banking and consulting services for private equity firms and businesses worldwide, today announced the opening of its new Chicago office in the heart of the Loop.

Key Points: 
  • Palm Tree LLC (“Palm Tree”), the modern M&A advisor that provides integrated investment banking and consulting services for private equity firms and businesses worldwide, today announced the opening of its new Chicago office in the heart of the Loop.
  • View the full release here: https://www.businesswire.com/news/home/20230711592786/en/
    In 2020, Chris Felderman, Managing Director and Head of Financial Due Diligence at Palm Tree, was tapped to establish a Chicago office to serve as a central hub to serve client needs and business interests.
  • In the past three years, Felderman has expanded the Chicago presence to nearly 30 people, making it the fastest-growing office outside of Palm Tree’s Los Angeles headquarters.
  • “Palm Tree sees Chicago as a growing, critical hub for Midwest industrials, high finance, and the tech and biotech sectors,” said Pardis Nasseri, CEO and President of Palm Tree.

Palm Tree LLC Appoints Derek Alderton as Vice Chairman

Retrieved on: 
Tuesday, June 27, 2023

Palm Tree LLC (“Palm Tree”), the modern M&A advisor that provides integrated investment banking, transaction support, and strategic finance services for private equity firms and businesses worldwide, today announced the appointment of Derek J. Alderton to the newly created role of Vice Chairman.

Key Points: 
  • Palm Tree LLC (“Palm Tree”), the modern M&A advisor that provides integrated investment banking, transaction support, and strategic finance services for private equity firms and businesses worldwide, today announced the appointment of Derek J. Alderton to the newly created role of Vice Chairman.
  • Mr. Alderton was an early investor in Palm Tree, has been a trusted strategic advisor to the firm since 2016, and served on its advisory board since 2017.
  • As Vice Chairman, he will expand his direct involvement in guiding the strategic direction of the firm as well as supporting future growth initiatives.
  • “Derek has been instrumental in providing wise and valuable counsel to me, and integral in elevating Palm Tree to new heights,” said Pardis Nasseri , CEO of Palm Tree.