Songtradr has officially acquired 7digital for an estimated $23.4 million

Songtradr has officially acquired 7digital for an estimated .4 million

Songtradr acquired the UK-based 7digital in a bid worth approximately £19.4 million (or $23.4 million at the time), according to Digital Music News. Songtradr reported earlier this morning that the acquisition of 7digital is now complete, with all signatures, approvals, and other closing details finalized. The transaction strengthens Songtradr’s position as a business-to-business music company … Read more

Storytel has acquired the Finnish bookstore chain’s audiobook division

Storytel has acquired the Finnish bookstore chain’s audiobook division

Storytel announced the acquisition of the audiobook branch of Suomalainen Kirjakauppa, a prominent bookstore chain in Finland, from Otava Group in a press release. The merger of Suomalainen Plus and Storytel’s subscriber bases has also been completed. Suomalainen Kirjakauppa, which is owned by the Otava Group, is Finland’s largest bookstore chain. It has 56 physical … Read more

Tramarsa and Partners are now 50% owned by Global Infrastructure Partners

Tramarsa and Partners are now 50% owned by Global Infrastructure Partners

Global Infrastructure Partners , a leading global independent infrastructure investor, announced today that it has completed the acquisition of a 50% stake in Trabajos Maritimos S.A. (“Tramarsa”), a Peruvian integrated port infrastructure platform, in collaboration with Grupo Romero, one of the largest privately owned diversified conglomerates in Latin America. Tramarsa is backed by GIP’s GIP … Read more

Terreno Pays $186M for a property in Newark, California

Terreno Pays 6M for a property in Newark, California

Terreno Realty Corporation, an acquirer, owner, and operator of industrial real estate in six major coastal U.S. markets, paid approximately $186.0 million for an industrial property in Newark, California on March 30, 2023. On 30.5 acres, the property consists of four industrial distribution buildings totaling approximately 603,000 square feet. The property, located at 7355-7395 Morton … Read more

Wellth, a health-tech startup, has raised $20 million in Series B funding

Wellth, a health-tech startup, has raised  million in Series B funding

Wellth, a digital health company that uses behavioral economics to empower people to prioritize their health, announced a $20 million Series B fundraising round today. SignalFire led the round, with participation from Frank Williams, Co-Founder and Former CEO of Evolent Health (who will also join Wellth as Chairman of the Board), as well as existing … Read more

RH, a Bay Area luxury furniture company, has laid off hundreds of workers

RH, a Bay Area luxury furniture company, has laid off hundreds of workers

Last week, RH, the luxury furniture brand formerly known as Restoration Hardware, laid off approximately 440 employees. According to a recent Securities and Exchange Commission filing, the layoffs were part of a restructuring effort that included the elimination of numerous leadership and other positions throughout the organization. According to the filing, the company’s workforce needed … Read more

Blumhouse has acquired the rights to adapt Deborah and Jessica Moffitt’s viral paranormal story

Blumhouse has acquired the rights to adapt Deborah and Jessica Moffitt’s viral paranormal story

Variety can exclusively reveal that Blumhouse has acquired the screen rights to Deborah and Jessica Moffitt’s viral paranormal story and upcoming book manuscript, “Mr. Entity: The Moffitt Family Haunting.” The Moffitt family’s story captivated audiences after Jessica published a 2022 article detailing their hauntings by a supernatural presence known as “Mr. Entity.” From the late … Read more

Several senior executives at ABC News have been laid off

Several senior executives at ABC News have been laid off

ABC News stunned employees on Thursday by laying off several senior executives and restructuring its newsroom as part of a larger workforce reduction carried out by its parent company, Disney, according to people familiar with the situation. Senior vice president of newsgathering Wendy Fisher, senior vice president of talent Galen Gordon, vice president of talent … Read more

Capitol Pain Institute acquires three interventional pain clinics

Capitol Pain Institute acquires three interventional pain clinics

Iron Path Capital, a private equity firm focused on developing differentiated businesses in the healthcare and specialty industrials sectors, is pleased to announce that Capitol Pain Institute is expanding its footprint in Colorado with four new acquisitions: Springs Rehabilitation, Spinal Diagnostics and Regenerative Medicine, The Peak Physical Medicine, and The Ascent Surgery Center. These collaborations … Read more

Recycle Track Systems has acquired RecycleSmart Solutions, Inc., a leading Canadian waste services provider

Recycle Track Systems ,Inc. (“RTS”) has acquired RecycleSmart Solutions, Inc., a leader in traceability and sustainability solutions for the materials, waste, and recycling industries. RecycleSmart, Canada’s leading independent provider of smart waste diversion, organic capture, and recycling management technology, has changed its name to Recycle Track Systems CA. The acquisition includes the Pello waste sensor … Read more