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RESIDEO ANNOUNCES AGREEMENT TO ACQUIRE FIRST ALERT, INC., A LEADER IN HOME SAFETY PRODUCTS, AND PROVIDES PRELIMINARY FOURTH QUARTER FINANCIAL RESULTS


Resideo Technologies, Inc. , a leading global provider of home comfort and security solutions and distributor of commercial and residential security and audio-visual products, today announced that it has entered into a definitive agreement to acquire First Alert, Inc., a leading provider of home safety products, from Newell Brands Inc. for $593 million in an

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PROVEN ACQUIRES FIDELITY BANK (CAYMAN) LIMITED


PROVEN Investments Limited (PROVEN/PIL), through its newly formed subsidiary PROVEN Bank Holdings Limited, is pleased to announce the completion of its acquisition of 100% of the outstanding shares in Fidelity Bank (Cayman) Limited (FBC) from Fidelity Bank & Trust International Limited effective February 1, 2022. The move to acquire Fidelity Bank (Cayman) Limited (FBC) which

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ECONOMY SEEN GROWING 6.3%, BEATING BANK OF CANADA FORECAST


Data suggest economic activity climbed above pre-pandemic levels for the first time in fourth quarter. Canada’s economy grew more than expected in November to bring real gross domestic product above its pre-pandemic levels, but the Omicron variant could throw a wrench in those gains. Real GDP in November grew 0.6 per cent, beating Statistics Canada’s

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H.I.G. TECHNOLOGY PARTNERS MAKES A STRATEGIC INVESTMENT IN MOBILEUM


H.I.G. Capital (“H.I.G.”), a leading global alternative investment firm with over $47 billion of equity capital under management, is pleased to announce that an affiliate of H.I.G. Technology Partners (“HTP”) has entered into a definitive agreement to make a strategic investment in Mobileum, Inc. (“Mobileum” or the “Company”) to help the Company accelerate technology investments

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DEUTSCHE ADDS NEW FINANCIAL SPONSORS BOSS FOR AUSTRALIA


Deutsche Bank will be out to win a bigger slice of private equity work in Australia after tapping a London-based banker to head its financial sponsors coverage. Deutsche Bank is moving London-based head of loan syndicate, David Garcia Capel, to Sydney as its new head of financial sponsors for Australia. Read More

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GREATAMERICA ACQUIRES FRANCHISE FINANCING FIRM IRH CAPITAL


GreatAmerica Financial Services, which works closely with MSPs and channel partners, has acquired IRH Capital LLC, a provider of financing to franchises. Financial terms of the deal were not disclosed. This is technology M&A deal number 106 that ChannelE2E has covered so far in 2022. See more than 1,000 technology M&A deals for 2022, 2021,

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MONESE LAUNCHES NEW CREDIT BUILDER


Monese, the leading pan-European fintech, is expanding its offering with the launch of a new Credit Builder service for its customers in the UK. Having opened a waitlist in 2021, Credit Builder is now available and being used by selected customers in an early access programme ahead of being made generally available to UK customers