DLA Piper | Jotup

DLA Piper Advises Alder Technology in Its Business Combination With Acclaim Technical Services

Retrieved on:

Wednesday, January 3, 2024

Consulting, Data Management, Technology, Professional Services, Security, Software, Artificial Intelligence, Government Technology, Networks, Defense, Legal, DLA, United, Intelligence, Data management, DLA Piper, ATS, Tier

DLA Piper advised Alder Technology Inc. (Alder), a leading provider of sophisticated network engineering, network security and data management services and solutions supporting the national security mission, in its business combination with technology solutions company Acclaim Technical Services (ATS).

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DLA Piper advised Alder Technology Inc. (Alder), a leading provider of sophisticated network engineering, network security and data management services and solutions supporting the national security mission, in its business combination with technology solutions company Acclaim Technical Services (ATS).
Alder offers industry-leading mission IT services for Tier 1-3 networks, including software-defined networking, cloud adoption, network automation, advanced cybersecurity, insider threat detection, and AI/ML workload infrastructure support, specifically serving the US Intelligence Community
Alan Young, CEO of Alder, said: “We are grateful for the invaluable skill and experience that the DLA Piper team brought to this deal.
With more than 1,000 corporate lawyers globally, DLA Piper helps clients execute complex transactions seamlessly while supporting clients across all stages of development.
The firm has been rated number one in global M&A volume for 12 consecutive years, according to Mergermarket.

Kelly Completes Sale of European Staffing Business to Gi Group Holdings S.P.A.

Retrieved on:

Wednesday, January 3, 2024

RPO, Sale, Earnout, Piper, DLA Piper, MSP

Sharpens its focus on higher margin, higher growth global managed service provider (MSP) and recruitment process outsourcing (RPO), and North American specialty outcome-based and staffing services

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Sharpens its focus on higher margin, higher growth global managed service provider (MSP) and recruitment process outsourcing (RPO), and North American specialty outcome-based and staffing services
TROY, Mich., Jan. 03, 2024 (GLOBE NEWSWIRE) -- Kelly (Nasdaq: KELYA, KELYB), a leading global specialty talent solutions provider, today announced it has completed the sale of its European staffing business to Gi Group Holdings S.P.A. (“Gi”).
Kelly previously announced on November 2, 2023, that it had entered into a definitive agreement to sell the business to Gi.
“Today is a significant milestone in Kelly’s journey to become a more focused enterprise positioned to accelerate profitable growth,” said Peter Quigley , president and chief executive officer.
With the sale of Kelly’s European staffing business, the company’s operating model comprises four reportable segments focused on global MSP and RPO solutions, and North American specialty outcome-based and staffing services.

Pinstripes Completes Business Combination with Banyan Acquisition Corporation and Will Begin Trading on New York Stock Exchange

Retrieved on:

Friday, December 29, 2023

Pursuant to the Business Combination, Pinstripes has become a wholly-owned subsidiary of Banyan, which has changed its name to Pinstripes Holdings, Inc. (together with Pinstripes, Inc, “Pinstripes”).

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Pursuant to the Business Combination, Pinstripes has become a wholly-owned subsidiary of Banyan, which has changed its name to Pinstripes Holdings, Inc. (together with Pinstripes, Inc, “Pinstripes”).
Pinstripes’ Class A common stock and warrants will begin trading on NYSE under the ticker symbols “PNST” and “PNST WS,” respectively, on January 2, 2024.
In connection with the Business Combination, Pinstripes has raised more than $70 million in gross proceeds to support the Company’s strategic growth plans and the opening of additional locations.
Completing our business combination with Banyan and introducing Pinstripes to the public markets is a tremendous achievement and the next chapter in our business journey,” said Mr. Schwartz.

Winners of the 4th Tokenized Assets & Digitized Securities Awards, TADS AWARDS 2023 Announced

Retrieved on:

Friday, December 29, 2023

Samson Lee, Chairman of the Organization Committee of TADS Awards 2023 and Founder & CEO of CSpro, expressed his excitement about the winners, stating, "We are thrilled to announce the winners of the 4th Annual TADS Awards.

Key Points:

Samson Lee, Chairman of the Organization Committee of TADS Awards 2023 and Founder & CEO of CSpro, expressed his excitement about the winners, stating, "We are thrilled to announce the winners of the 4th Annual TADS Awards.
Future talents are instrumental in supporting the growth and development of the blooming Tokenized Assets & Digital Securities sector.
Stephen Law, JP, CPPCC National Committee Member and Vice Chairman at Coinstreet Group, commented, "Tokenized Assets & Digitized Securities, TADS, are global opportunities.
For more information about TADS Awards and results from the previous years, please visit https://tadsawards.org/

Winners of the 4th Tokenized Assets & Digitized Securities Awards, TADS AWARDS 2023 Announced

Retrieved on:

Friday, December 29, 2023

Samson Lee, Chairman of the Organization Committee of TADS Awards 2023 and Founder & CEO of CSpro, expressed his excitement about the winners, stating, "We are thrilled to announce the winners of the 4th Annual TADS Awards.

Key Points:

Samson Lee, Chairman of the Organization Committee of TADS Awards 2023 and Founder & CEO of CSpro, expressed his excitement about the winners, stating, "We are thrilled to announce the winners of the 4th Annual TADS Awards.
Future talents are instrumental in supporting the growth and development of the blooming Tokenized Assets & Digital Securities sector.
Stephen Law, JP, CPPCC National Committee Member and Vice Chairman at Coinstreet Group, commented, "Tokenized Assets & Digitized Securities, TADS, are global opportunities.
For more information about TADS Awards and results from the previous years, please visit https://tadsawards.org/

Zoomcar, the World’s Largest Emerging Market Focused Car Sharing Platform, Announces Completion of its Business Combination with Innovative International Acquisition Corporation (IOAC) and Anticipated Nasdaq Listing

Retrieved on:

Thursday, December 28, 2023

Entrepreneurship, Business analyst, Acquisition, Lincoln International, Committee, Combined, Tunnell, DLA Piper, McDermott Will & Emery

IOAC’s shareholders approved the Business Combination, among other related matters, at an extraordinary general meeting held on December 19, 2023.

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IOAC’s shareholders approved the Business Combination, among other related matters, at an extraordinary general meeting held on December 19, 2023.
Greg Moran, CEO and Co-Founder of Zoomcar commented, “We’re thrilled to announce this exciting milestone in Zoomcar’s nearly decade long company journey.
This marks the beginning of an important new phase in our company’s growth as we embark on reaching new heights for our emerging market focused peer2peer car sharing platform.
Lincoln International acted as financial advisor to the special committee of the board of directors of Innovative (the “Special Committee”).

JM Family Enters Strategic Partnership, Invests in RockED to Elevate Automotive Excellence

Retrieved on:

Thursday, December 21, 2023

JM Family Enterprises, Partnership, Learning, LLP, Family, Knowledge, DLA Piper, History

Deerfield Beach, Fla., Dec. 21, 2023 (GLOBE NEWSWIRE) -- Known for its longstanding commitment to automotive excellence, JM Family Enterprises announces a strategic partnership and investment in The RockED Company (RockED), a trailblazer in modern learning solutions.

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Deerfield Beach, Fla., Dec. 21, 2023 (GLOBE NEWSWIRE) -- Known for its longstanding commitment to automotive excellence, JM Family Enterprises announces a strategic partnership and investment in The RockED Company (RockED), a trailblazer in modern learning solutions.
JM Family is committed to investing and partnering with innovative leaders, utilizing sector expertise and capital to tackle modern challenges and create value for stakeholders and dealers.
“JM Family has a history of being at the forefront of the automotive retail space, and this investment will boost our ability to address talent opportunities within dealerships,” said Pearl Percy, Group Vice President, Chief Corporate Development Officer at JM Family.
RockED is a next-generation mobile learning platform, built to upskill and develop teams in the automotive industry through daily doses of short-form video content.

Vertex, Inc. Announces Offer to Acquire E-Invoicing Leader Pagero

Retrieved on:

Wednesday, December 13, 2023

Friction, Conference, Digital, Partnership, Simpson Thacher & Bartlett, Convertible, Acquisition, Centerview Partners, Silver, Conference call, CTC, Legislation, Preferred stock, Growth, DLA Piper, Security (finance), Automation

KING of PRUSSIA, Pa., Dec. 13, 2023 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ: VERX), a global provider of indirect tax solutions, today announced that it has commenced a public tender offer for 100% of the shares of Pagero Group AB (publ) (“Pagero”) at a price of 36 SEK in cash per share, equivalent to a total tender value of approximately $555 million1.

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“Vertex and Pagero have a shared vision to accelerate global commerce and help companies automate and digitize their compliance operations,” noted Vertex CEO David DeStefano.
This press release shall not constitute an offer to buy or a solicitation of an offer to sell any Pagero securities.
The full details of the offer, including complete instructions on how to tender Pagero shares, will be included in the offer document.
Vertex will host a conference call at 8:30 AM ET / 2:30 PM CET today, December 13, 2023, to discuss the Pagero tender offer.

Adventus and Luminex Announce Merger to Create a Growth-Focused Copper-Gold Company in Ecuador

Retrieved on:

Tuesday, November 21, 2023

TORONTO, Nov. 21, 2023 (GLOBE NEWSWIRE) -- Adventus Mining Corporation (“Adventus”) (TSXV: ADZN) (OTCQX: ADVZF) and Luminex Resources Corp. (“Luminex”) (TSXV: LR) (OTCQX: LUMIF) are pleased to announce that they have entered into an arrangement agreement (the “Arrangement Agreement”), pursuant to which Adventus will acquire all of the issued and outstanding common shares of Luminex (the “Luminex Shares”), in exchange for common shares of Adventus (the “Adventus Shares”), by way of a plan of arrangement (the “Transaction”, with the resulting entity referred to as the “Resulting Issuer”). The Transaction will create a combined company that intends to lead the advancement of the El Domo-Curipamba copper-gold project (the “El Domo Project”) towards production and consolidates a large and prospective gold-copper development and exploration portfolio in Ecuador totalling over 135,000 hectares which includes the preliminary economic assessment (“PEA”) stage Condor gold project (the “Condor Project”). Further details of the Transaction are outlined below.

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Christian Kargl-Simard, President and CEO of Adventus, commented: “This Transaction is an exciting opportunity to unite complementary assets, teams, and investors to create value for all Adventus and Luminex shareholders.
DLA Piper (Canada) LLP, DLA Piper LLP (US) and AVL Abogados are acting as legal counsel to Adventus in Canada, the U.S. and Ecuador, respectively.
Borden Ladner Gervais LLP, Troutman Pepper Hamilton Sanders LLP, and Tobar ZVS are acting as legal counsel to Luminex in Canada, the U.S. and Ecuador, respectively.
Adventus and Luminex will host a joint conference call on Tuesday, November 22, 2023, at 12:00 pm (noon) ET to discuss the Transaction.

Biz2X Launches Frontiers of Digital Finance Executive Event Series in the Middle East, Announces Riyadh Edition for Spring 2024

Retrieved on:

Thursday, December 21, 2023

Biz2X has brought the internationally-acclaimed Frontiers of Digital Finance (FDF) event to Abu Dhabi.

Key Points:

Biz2X has brought the internationally-acclaimed Frontiers of Digital Finance (FDF) event to Abu Dhabi.
Embracing the visionary theme, "Finance in 2030: How AI-Enabled Finance Will Propel Innovation, Entrepreneurship, and Shape the New Economy," the first Middle East event in the FDF conference series was a showcase of cutting-edge perspectives on the future of digital finance.
View the full release here: https://www.businesswire.com/news/home/20231221236454/en/
Biz2X Launches Frontiers of Digital Finance Executive Event Series in the Middle East, Announces Riyadh Edition for Spring 2024 (Photo: Business Wire)
Hosted with support from Biz2X partners DLA Piper , King & Spalding , ADGM , AWS , and the U.S. U.A.E.
Rohit Arora, CEO and Co-founder of Biz2X, said, “Our expansion into the Middle East is a strategic leap towards the future where finance and technology converge.