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Airlines Reporting Corpation acquires majority stake in nuTravel

Airlines Reporting Corporation (ARC), a ticket transaction settlement services provider, has acquired a majority share in nuTravel, a provider of corporate retailing solutions for airlines. The financial terms of the deal were not disclosed. Established in 2002, nuTravel is said to have developed a direct-distribution B2B and B2B2C traveler management and booking application platform, called Universal […]

Nationwide invests in health tech firms Vesta Healthcare and KINETIC

Nationwide, through its $100 million venture capital investment fund, has made investments in healthcare management consultant Vesta Healthcare and KINETIC, a smart wearable device and software platform maker. Headquartered in New York, Vesta Healthcare provides round-the-clock technology and clinical services to support caregivers. Nationwide invested in the Vesta Healthcare’s Series A round. Erik Ross – […]

Insurance-focused financing solutions provider Gracie Point raises $50m

Gracie Point Holdings, a provider of financing programs for the life insurance market, has raised $50 million in an investment round led by Hudson Structured Capital Management. The financing solutions provider said that it will use the capital to fund its growth in the US and Asia markets, for launching its operations in Canada, and […]

GyanSys wins contract to help AgReliant Genetics implement SAP S/4HANA

AgReliant Genetics has bagged a contract from Indiana-based IT services provider GyanSys to implement SAP S/4HANA on HANA Enterprise Cloud (HEC) as part of the digital transformation journey of the US seed corn company to replace its legacy ERP systems. Steve Thompson – CIO of AgReliant Genetics said: “GyanSys led our team to conduct S/4HANA […]

Consumer products giant Colgate to acquire Hello oral care brand

Colgate acquisition of Hello Oral Care : Consumer products company Colgate-Palmolive (Colgate) has agreed to acquire US oral care brands manufacturer Hello Products from Tenth Avenue Holdings for an undisclosed price. The products of Hello Oral Care brand are adult and kids toothpaste, mouthwashes, toothbrushes and floss, which are sold only in the US, mainly […]

North Platte oil field development : Worley wins FEED contract from Total

Worley has bagged a front-end engineering design contract (FEED contract) from Total for the North Platte oil field development in the US Gulf of Mexico. For the contract awarded by Total E&P USA, Worley will be using its recently acquired capability for the floating production unit topside design in combination with Intecsea’s experience in designing […]

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