WAVs AI, the pioneering force behind real-time AI music synthesis technology, today announced its acquisition by a prominent Chinese technology company. This strategic move marks a new chapter in WAVs AI's journey toward revolutionizing the digital audio landscape.
Read MoreTarget earned more than $15M in revenue in 2024 and TRNR expects to improve target's profitability materially through potential operating synergies
All-stock consideration with long lock-up - expected to close soon, reflecting months of discussions and due diligence - would be TRNR's second transaction in 2025 already
Deal adds further momentum to TRNR growth strategy of making accretive acquisitions of high-potential businesses in the highly fragmented, global health & wellness market
Read MoreReel Axis-Led Acquisition Sharpens ReachMail's Focus on Deliverability, Simplicity and Customer Success, Empowering SMBs to Achieve Greater Growth Through Reliable, High-Impact Email Marketing
Read MoreTrent Ward, Ali Ahmad and Mohammed Iqbal Unpack Tailwinds and Major Opportunities in Fragmented Health & Wellness Market During Fireside Chat
Company Also Provides Shareholder Update
Read MoreTRNR is expected to generate more than $50M in revenue in 2025 on a pro forma basis and achieve EBITDA profitability in H2 ‘25
Sportstech is founder-led, having achieved profitability and scale without raising capital and has successfully sold equipment to almost 3 million customers since 2012
TRNR Listing and global presence to help Sportstech accelerate growth beyond core markets, most notably the US; Sportstech's scaled, profitable business to drive step-change for TRNR top and bottom lines
Transaction delivers on previously-announced LOI, combines highly complementary businesses to create a scaled, international operation anchored in the US and Germany, the #1 and #2 fitness markets globally
Deal - TRNR's second within 12 months - advances its strategy for building shareholder value through accretive acquisitions of profitable, growth businesses in the fragmented global health & wellness market
TRNR CEO to discuss transaction at 2025 Connected: Health & Fitness Summit today in Los Angeles
Read MoreThis acquisition strengthens the national consulting firm's position as a Latin American technology leader, enhancing its portfolio with new UX/UI and agility capabilities.
Read MoreThis press release corrects an earlier version that incorrectly stated that certain assets were held by Streamlined Communications Ltd. The correct information is that these assets were previously owned by Streamlined Communications LLC before being acquired by Acquisition 8410 LLC.
Strategic and Accretive Acquisition Strengthens Global Sales and Technology Capabilities
Not for distribution to United States newswire services or for dissemination in the United States.
We anticipate the platform formerly owned by Streamlined Communications being acquired once fully integrated will bolster both revenue and EBITDA
In connection with the acquisition, the Company has completed a US$3 million debt financing
Acquisition was funded using a combination of Cash, Debt, and Shares
Strategic and Accretive Acquisition Strengthens Global Sales and Technology Capabilities
Not for distribution to United States newswire services or for dissemination in the United States.
We anticipate the platform formerly owned by Streamlined Communications being acquired once fully integrated will bolster both revenue and EBITDA
In connection with the acquisition, the Company has completed a US$3 million debt financing
Acquisition was funded using a combination of Cash, Debt, and Shares
Groundbreaking acquisition of major energy site in Southern Alberta expected to catapult Gryphon into elite tier of global computing infrastructure providers
Acquisition Highlights Include:
Massive 850 industrial zoned acreage with access to dual natural gas supply, grid connection, non-potable water resources, and dual high-speed fiber connection providers
World class carbon capture and sequestration capabilities on-site can make this a truly green source of energy combined with redundant sources of power
Expansive footprint expected to allow up to 4GW of total capacity; up to ~130MW anticipated by the end of 2026
Experienced technical team comes with the asset and has over 100 years of combined industry expertise, led by Harry Andersen (former COO of Pembina Pipeline)
Pearl Media Network will tectonically shift how advertisers capture bridal audiences through targeted content and moments as the wedding industry's only first-party data retail media platform for advertisers, vendors and consumers
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Exclusive Non-Binding Letter of Intent signed with Target that has more than $40 million in revenue and positive EBITDA in 100% equity consideration transaction
Acquisition is expected to be TRNR's second transaction within 12 Months
Advances strategy of using public listing to make accretive acquisitions of profitable and high-growth businesses in the highly fragmented health & wellness market globally
Target's complementary product and customer footprint Expands TRNR's range of equipment and brands
The acquisition will fuel Manamauri's global expansion with new production facilities, extended product lines, and a continued commitment to supporting emerging sports.
Read MoreNouria, an award-winning convenience store chain and one of the fastest-growing retailers in the Northeast, is pleased to announce the signing of a definitive agreement to acquire Enmarket, a leading convenience retailer in the Southeast, from its parent company, Colonial Group.
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