Silicon Valley Journals Amplitude, a software company based in the United States, has laid off 13% of its workforce, or 99 employees, due to difficult macroeconomic conditions. “On behalf of the co-founders and myself, I’d like to share the most difficult decision we’ve had to make since founding Amplitude over ten years ago. We are currently reducing the … Read more
According to a 13F filing with the Securities and Exchange Commission, investment firm Inspire Investing LLC recently announced the acquisition of a new position in shares of US Foods Holding Corp.The purchase included 15,388 shares of the company’s stock worth approximately $524,000. US Foods Holding Corp. is a leading foodservice distributor in the United States, … Read more
OhioHealth Home Medical Equipment, located in central Ohio, has been acquired by Medical Service Company (MSC). The Braff Group stated in an April 5 news release that it “originated the transaction and served as the exclusive mergers and acquisitions advisor to OhioHealth Home Medical Equipment.” Through its three community locations and several in-hospital offices and … Read more
EoS Fitness announced on April 6 that it had purchased Texans Fit, a five-gym chain owned by the Houston Texans NFL team and fitness company M6 Football. The purchase price was not made public. M6 Football is owned by Mark Mastrov, the former CEO and founder of 24 Hour Fitness. Mastrov has partnered with several … Read more
mrge, a platform for commerce advertising based in Canada and Germany, has acquired SourceKnowledge, a network for publishers and retailers based in Montreal, Canada. The value of the transaction was not disclosed. mrge will expand its North American reach with SourceKnowledge’s roster of direct advertisers and thousands of publishers, as well as bring SourceKnowledge’s programmatic … Read more
Horizon Metals Inc. in Nephi, Utah, was acquired by Victaulic, the world’s leading manufacturer of mechanical pipe joining, fire protection, and flow control solutions. The acquisition contributes to the company’s growth in the infrastructure and waterworks markets by increasing capacity for large-diameter piping solutions, and it is consistent with the company’s strategy of manufacturing these … Read more
Yanolja Cloud has paid $8.3 million for Innsoft, an Oregon-based provider of hotel management software. Yanolja Cloud is the hotel technology division of South Korean booking platform Yanolja. According to the company, the acquisition is part of an effort to expand its hospitality services in North America. Yanolja Cloud intends to use Innsoft’s resources this … Read more
EoS Fitness announced on April 6 that it had purchased Texans Fit, a five-gym chain owned by the Houston Texans NFL team and fitness company M6 Football. The purchase price was not made public. M6 Football is owned by Mark Mastrov, the former CEO and founder of 24 Hour Fitness. Mastrov has partnered with several … Read more
Perma-Pipe International Holdings, Inc. announced today that its subsidiary Perma-Pipe India Pvt. Ltd. (Perma-Pipe India) has been awarded $6.5 million in contracts for the first quarter of 2023. Two major projects will begin in the first and second quarters of 2023 at Perma-Gandhidham, Pipe’s Gujarat, India facility. Perma-Pipe India was awarded a contract by Reliance … Read more
Sensible Biotechnologies Inc., an mRNA platform company, has announced a $4.2 million pre-seed round to accelerate the development of its cell-based platform for cost-effective mRNA manufacturing. The technology developed by the company aims to overcome the limitations of current mRNA manufacturing processes, ensuring scalable and cost-effective production of high-quality mRNA. BlueYard Capital led the pre-seed … Read more