UGO

Grocery Outlet Holding Corp. Closes Acquisition of United Grocery Outlet

Retrieved on: 
Tuesday, April 2, 2024
Acquisition, Grocery Outlet, UGO, Southeastern United States, United Grocery Outlet, Retail

EMERYVILLE, Calif., April 02, 2024 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQ: GO) ("Grocery Outlet" or the "Company") today announced the closing of the previously announced acquisition of United Grocery Outlet ("UGO"), an extreme value, discount grocery retailer operating throughout the Southeastern United States, from affiliates of Gen Cap America, Inc. and current and former UGO management.

Key Points: 
  • EMERYVILLE, Calif., April 02, 2024 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQ: GO) ("Grocery Outlet" or the "Company") today announced the closing of the previously announced acquisition of United Grocery Outlet ("UGO"), an extreme value, discount grocery retailer operating throughout the Southeastern United States, from affiliates of Gen Cap America, Inc. and current and former UGO management.
  • With 40 stores and a distribution center, the acquisition of UGO expands Grocery Outlet’s presence into Tennessee, North Carolina, Georgia, Alabama, Kentucky and Virginia.
  • "We are pleased to complete this transaction and extend our footprint into the Southeast," said RJ Sheedy, President and Chief Executive Officer of Grocery Outlet.
  • We are excited to welcome the United Grocery Outlet team to the Grocery Outlet family and work together on the many growth opportunities ahead."

Grocery Outlet Holding Corp. Announces Fourth Quarter and Fiscal 2023 Financial Results

Retrieved on: 
Tuesday, February 27, 2024
Acquisition, Tax, UGO, GAAP, Comprehensive income, Depreciation

EMERYVILLE, Calif., Feb. 27, 2024 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQ: GO) ("Grocery Outlet" or the "Company") today announced financial results for the fourth quarter and full fiscal year 2023 ended December 30, 2023.

Key Points: 
  • (3) Includes $125 million for the second through fourth quarters of fiscal 2024 from acquisition of UGO.
  • (4) Includes $7 million for the second through fourth quarters of fiscal 2024 from acquisition of UGO.
  • (5) Includes $15 million for the second through fourth quarters of fiscal 2024 related to anticipated capital improvements for UGO locations.
  • A conference call to discuss the fourth quarter and full fiscal 2023 financial results is scheduled for today, February 27, 2024 at 4:30 p.m. Eastern Time.

Trading Technologies closes on ATEO acquisition

Retrieved on: 
Thursday, February 29, 2024
Acquisition, OMS, API, UGO, LISA

CHICAGO and PARIS, Feb. 29, 2024 /PRNewswire/ -- Trading Technologies International, Inc. (TT), a global capital markets technology platform provider, today announced that it has closed on the acquisition of ATEO SAS , a leading provider of post-trade solutions for listed derivatives, expanding TT's reach into clearing and other middle-office technologies and services.

Key Points: 
  • CHICAGO and PARIS, Feb. 29, 2024 /PRNewswire/ -- Trading Technologies International, Inc. (TT), a global capital markets technology platform provider, today announced that it has closed on the acquisition of ATEO SAS , a leading provider of post-trade solutions for listed derivatives, expanding TT's reach into clearing and other middle-office technologies and services.
  • ATEO will operate as a global managed service hosted in TT's data centers.
  • David Solo, TT Board member, led the acquisition negotiation on behalf of TT, and Fieldfisher acted as the firm's legal advisor.
  • NINE58 Advisors served as financial advisor and Dentons as legal advisor to ATEO.

Grocery Outlet Holding Corp. To Acquire United Grocery Outlet

Retrieved on: 
Thursday, February 15, 2024
Acquisition, Stout, Honigman LLP, Southeastern United States, Grocery Outlet, UGO, United Grocery Outlet, BofA Securities, Bass, GO, Environment, Retail

EMERYVILLE, Calif., Feb. 15, 2024 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQ: GO) ("Grocery Outlet" or the "Company") today announced that it has agreed to acquire United Grocery Outlet ("UGO"), an extreme value, discount grocery retailer operating throughout the Southeastern United States, from affiliates of Gen Cap America, Inc. and current and former UGO management.

Key Points: 
  • EMERYVILLE, Calif., Feb. 15, 2024 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQ: GO) ("Grocery Outlet" or the "Company") today announced that it has agreed to acquire United Grocery Outlet ("UGO"), an extreme value, discount grocery retailer operating throughout the Southeastern United States, from affiliates of Gen Cap America, Inc. and current and former UGO management.
  • RJ Sheedy, President and Chief Executive Officer of Grocery Outlet, stated, "United Grocery Outlet is a natural fit given our similar opportunistic buying strategies, customer value propositions, and shared mission of serving our communities.
  • Together, we look forward to growing the positive impact on our community," said Lisa Bryson, CEO of United Grocery Outlet.
  • Stout acted as financial advisor and Bass, Berry & Sims PLC acted as legal advisor to Gen Cap and United Grocery Outlet.

Trading Technologies expands into clearing technologies, services with acquisition of ATEO

Retrieved on: 
Monday, February 12, 2024
Acquisition, Growth, OMS, Risk, API, UGO, Silver, LISA, Software, Partnership, Financial services

ATEO has both highly respected technology and established trusted relationships with a wide range of leading banks, brokerage firms, trading houses and professional traders.

Key Points: 
  • ATEO has both highly respected technology and established trusted relationships with a wide range of leading banks, brokerage firms, trading houses and professional traders.
  • The total addressable market for middle-office clearing solutions is at least $100 million, with plenty of room for growth in market share."
  • Laurent Courbin, Founder & Chief Executive Officer of ATEO, said: "Since 2000, ATEO has provided premier middle-office solutions to our clients, with functionally rich and reliable software.
  • Giving our clients the ability to manage their trading activities from pre-trade risk to post-trade allocation and clearing through TT's multi-asset platform will provide a meaningful competitive advantage."

Trading Technologies expands into clearing technologies, services with acquisition of ATEO

Retrieved on: 
Monday, February 12, 2024
Acquisition, Growth, OMS, Risk, API, UGO, Silver, LISA, Software, Partnership, Financial services

ATEO has both highly respected technology and established trusted relationships with a wide range of leading banks, brokerage firms, trading houses and professional traders.

Key Points: 
  • ATEO has both highly respected technology and established trusted relationships with a wide range of leading banks, brokerage firms, trading houses and professional traders.
  • The total addressable market for middle-office clearing solutions is at least $100 million, with plenty of room for growth in market share."
  • Laurent Courbin, Founder & Chief Executive Officer of ATEO, said: "Since 2000, ATEO has provided premier middle-office solutions to our clients, with functionally rich and reliable software.
  • Giving our clients the ability to manage their trading activities from pre-trade risk to post-trade allocation and clearing through TT's multi-asset platform will provide a meaningful competitive advantage."

Blood Pressure Transducers Market to grow by USD 128.65 million from 2022 to 2027, North America to account for 36% of market growth- Technavio

Retrieved on: 
Wednesday, September 20, 2023
Prevalence, Maharashtra University of Health Sciences, MHealth, Patient, EHR, Masimo, Hospice and palliative medicine, Telehealth, Clinical data management, UGO, Reusability, Attention, USD, Hypertension, BP, Growth, Diagnosis, Clifton Springs Hospital & Clinic, Disposable product, Hospital, Biotechnology, HOB GmbH & Co KG, FREE, Edwards Lifesciences, Research, Blood pressure, ROW, Abdominal ultrasonography, Pharmaceutical industry, Medical device, Geography

NEW YORK, Sept. 20, 2023 /PRNewswire/ -- The blood pressure transducers market is expected to grow by USD 128.65 million from 2022 to 2027.

Key Points: 
  • NEW YORK, Sept. 20, 2023 /PRNewswire/ -- The blood pressure transducers market is expected to grow by USD 128.65 million from 2022 to 2027.
  • The market is segmented by Product (Disposable blood pressure transducers and Reusable blood pressure transducers), End-user (Hospitals, Clinics, and ASCs), and Geography (North America, Europe, Asia, and the Rest of the World (ROW)).
  • Some of the key countries that are contributing significantly to the growth of the blood pressure (BP) probe market in North America are the US and Canada.
  • Growth of the blood pressure transducers market across North America, Europe, Asia, and ROW
    Comprehensive analysis of factors that will challenge the growth of the blood pressure transducer market companies.

BRV China-backed Global Leading Exoskeleton Company RoboCT Secures RMB100 million Series A+ Financing

Retrieved on: 
Tuesday, April 12, 2022
CAGR, Robotics, USD, NASDAQ, Rehabilitation, National Medical Products Administration, Health, Gait, Growth, UGO, Transport, NYSE, Patient, Cloud computing, Conifer cone, Cerebral palsy, Research, Central nervous system disease, Social responsibility, Hospital, Incidence, Waterdrop, Data analysis, NMPA, Preqin, Robot as a service, Artificial intelligence, Industry, Technology, Stroke, Intention, RMB, WDH, PPTV, US, Sport, Efficiency, BRV, Hemiparesis, Renewable energy, 3D printing, Silicon

HONG KONG, April 12, 2022 /PRNewswire/ -- Hangzhou RoboCT Technology Development Co., Ltd., a global leading exoskeleton company, recently completed RMB100 million series A+ financing led by Fortune Capital and followed by Essence Securities, Poly Capital, and existing investor Blue Run Ventures China (BRV China). The new round of financing will be used to strengthen RoboCT's operational and commercialization capabilities and expand its global footprint.

Key Points: 
  • The new round of financing will be used to strengthen RoboCT's operational and commercialization capabilities and expand its global footprint.
  • The total value of the global market for rehabilitation robots is estimated to exceed US$750 million this year.
  • Wang Tian, Chief Executive Officer of RoboCT, adds, 'RoboCT's exoskeleton has received extremely positive feedback from patients and hospitals.
  • RoboCT is currently the only exoskeleton company with a mass production capacity in the industry and has produced more than 100,000 UGO exoskeleton robots thus far.

ATEO LAUNCHes two CRYPTOCURRENCY spot & Futures GATEWAYs CONNECTED TO FTX and BINANCE

Retrieved on: 
Tuesday, November 9, 2021
Crypto, Technology, TEO, Risk, FTX, UGO, Multimedia, LISA, CCPS, DEX, CTO, CME, Trust, Middle office, Solution, ETD, ICE, Officer, API, Cryptocurrency, Online shopping

Ateo enriches its UGO offering and launches 2 new gateways for cryptocurrency exchanges BINANCE and FTX.

Key Points: 
  • Ateo enriches its UGO offering and launches 2 new gateways for cryptocurrency exchanges BINANCE and FTX.
  • With a large number of cryptocurrencies platforms and venues, each providing multiple feeds, financial companies must maintain an ever-increasing number of connectivity capabilities.
  • This unique API encapsulates all the CCPs and Crypto exchanges API protocols, complexities, constraints, and delivers a standardized feed output.
  • The world's leading banks, trading houses, and professional traders have been relying on ATEO technology since our creation in 2000.