On Monday, KKR & Co. L.P. (NYSE:KKR)’s shares declined -0.54% to $18.40.
KKR, a leading global investment firm, recently declared that it is leading a $42 million growth equity investment in Optimal+, a big data analytics company that provides highly actionable insights to the semiconductor industry. KKR makes its investment alongside the existing lead investors Carmel Ventures and Pitango, two of Israel’s most preeminent venture capital funds. KKR will support the global expansion plans of Optimal+ with primary capital in addition to access to its global network of companies and technology experts.
Optimal+ was founded in 2005 in Tel Aviv by its CEO Dan Glotter, and after several years of R&D investments, has been rolling out its current suite of products over the last four years.
Optimal+ provides an end-to-end solution that delivers actionable business intelligence to the semiconductor industry through a cutting-edge big data solution that analyzes and processes more than 25 billion chips per year. The enterprise software solution collects, cleans and aggregates large amounts of data from multiple manufacturing locations and delivers insights that allow customers to significantly improve their product quality, output yields and processing times with complete supply chain visibility. The product thereby delivers noteworthy cost savings and a high return on investment to its end users.
KKR & Co. L.P. is a private equity and real estate investment firm specializing in direct and fund of fund investments. It specializes in acquisitions, leveraged buyouts, administration buyouts, credit special situations, growth equity, mature, mezzanine, distressed, and middle market investments.
NCR Corporation (NYSE:NCR)’s shares dropped -0.92% to $26.99.
NCR Corporation (NCR), the global leader in consumer transaction technologies, declared recently that it has successfully deployed the NCR Venue Administration solution at Ohio Stadium, home of college football’s defending National Champion Ohio State Buckeyes. The suite of NCR venue administration software and hardware will enhance the in-stadium game day experience for the team’s fans and will be operated by Levy Restaurants.
NCR’s reputation, commitment and experience in venue administration played a noteworthy role in the project. At the core is NCR Venue Manager, an advanced point-of-sale (POS) and reporting system that is deployed in more than 250 stadiums and arenas globally. NCR Venue Manager has been selected to assist Levy Restaurants streamline operations, deliver an unparalleled level of service and bring a world-class experience to The Horseshoe. NCR Venue Manager will provide Ohio State and its food service providers with instantaneous sales, inventory and labor information from the 600 POS devices in use across the stadium, enabling the team to accurately report, analyze and forecast key performance metrics.
NCR Corporation, a technology company, provides solutions and services that enable businesses to connect, interact, and transact with their customers worldwide. The company operates through four segments: Financial Services, Retail Solutions, Hospitality, and Emerging Industries. The company offers financial-oriented self-service technologies, such as automated teller machines (ATM), cash dispensers, software solution, cash administration and video banking software, and customer-facing digital banking services, in addition to professional services related to ATM security, software, and bank branch optimization.
At the end of Monday’s trade, Sabre Corp (NASDAQ:SABR)‘s shares surged 0.14% to $28.52.
Sabre Corporation (SABR) declared the pricing of the formerly declared public offering of 19,000,000 shares of common stock by existing stockholders associated with TPG Global, LLC and Silver Lake Administration Company II, L.L.C. (the “Selling Stockholders”) at a price to the public of $26.85 per share. All of the shares are being sold on a pro rata basis by the Selling Stockholders in accordance with their current interests, and the Selling Stockholders will receive all of the net proceeds from this offering. No shares are being sold by the Company.
Goldman, Sachs & Co. is acting as the sole underwriter for the offering.
Sabre Corporation provides technology solutions to the travel and tourism industry worldwide. It operates in two segments: Travel Network, and Airline and Hospitality Solutions. The Travel Network segment operates a business-to-business travel marketplace that offers travel content, such as inventory, prices, and availability from a range of travel suppliers, counting airlines, hotels, car rental brands, rail carriers, cruise lines, and tour operators, with a network of travel buyers comprising online and offline travel agencies, travel administration companies, and corporate travel departments.
Mizuho Financial Group Inc. (ADR) (NYSE:MFG), ended its Monday’s trading session with -0.25% loss, and closed at $3.94.
Mizuho Bank (USA) (“Mizuho”) declared the appointment of Richard A. Thompson as Senior Vice President and Co-Head of its U.S. Private Placements (USPP) group. In his new role, Mr. Thompson will work alongside fellow USPP Co-Head Takashi Miyake to lead the continued expansion of the business, with a particular focus on building out the bank’s origination, structuring and distribution debt private placement capabilities to facilitate transactions for Mizuho’s global issuer and investor clients.
Mr. Thompson joins Mizuho with over twenty years of investment banking and debt private placement experience. He spent the majority of his career with J.P. Morgan, where he held a number of senior positions in the debt private placement group, counting serving as Global Head of the Debt Private Placement business for the last five years. During his time with JPM, Mr. Thompson played a key role in the growth of the Europe, Utilities, Oil & Gas and Real Estate private placement verticals, among others, and developed strong relationships with a broad range of private placement issuer and investor clients across all industry sectors and geographic segments.
Mizuho Financial Group, Inc. engages in banking, trust banking, securities, and other businesses related to financial services in Japan, the Americas, Europe, and Asia/Oceania not taking into account Japan. The company offers deposits, housing loans, investment trusts, and individual insurance products, in addition to handles trust products as an agent; and retail banking solutions comprising of consulting services of business succession and asset inheritance and asset administration for business owners and high-net-worth customers
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