Global investment organization EQT plans to acquire PropertyGuru Group Limited, a PropTech company operating in Singapore, Malaysia, Thailand and Vietnam. The companies entered into an agreement and plan of merger that values PropertyGuru at an equity value of about $1.1 billion, according to a Friday...
Ant Group is reportedly in discussions to acquire Haodf.com, a Chinese platform that provides online consultations with doctors. The Jack Ma-backed FinTech is interested in a deal with such a company because it is seeking new areas in which to grow and is looking to...
Experian has added behavioral analytics to its fraud detection capabilities by acquiring NeuroID. Adding this new layer of insight into digital behavioral signals for both new and returning users will help combat artificial intelligence (AI)-enabled fraud, the companies said in a Tuesday (Aug. 13) press release. “Together...
Branded resale company Trove has acquired Recurate, a “significant” player in its industry. “This acquisition underscores Trove’s commitment to making branded resale more accessible and easier to launch and scale for brands,” the company said in a Tuesday (Aug. 13) news release. The deal, Trove...
Investment firm Vista Equity Partners acquired procurement software company Jaggaer. “This new partnership with Vista underscores Jaggaer’s strong momentum and the compelling value our intelligent software delivers by helping our customers manage and automate complex processes while enabling a highly resilient, responsible and integrated supplier...
Canadian bank Scotiabank plans to acquire a 14.9% stake in Cleveland-based KeyCorp, which operates about 1,000 KeyBank branches in 15 U.S. states and provides corporate and investment banking products. Pending regulatory approval, Scotiabank expects to close the initial investment of 4.9% in the fourth quarter...
British private equity firm Bridgepoint Group is reportedly considering a takeover bid for French software provider Esker. Bridgepoint Group has been working on a potential offer, though its deliberations are ongoing and may not result in a transaction, Bloomberg reported Friday (Aug. 9), citing unnamed sources. Esker issued a...
SoundHound AI acquired enterprise artificial intelligence company Amelia, saying the move will expand its conversational AI capabilities to new verticals and hundreds of enterprise brands. The combined company will offer AI-powered customer service support to a range of businesses, as it already serves nearly 200...
Small-business-focused FinTech Payoneer has acquired Singapore-based payroll/HR platform Skuad for $61 million. The deal is designed to bolster Payoneer’s efforts to serve as a “business-grade financial stack” for small and medium-sized businesses (SMBs) that operate on an international scale, per the company’s Wednesday (Aug. 7) announcement. “Twenty-five percent of...
