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Quotient Sciences to Recapitalize With Global Private Equity Firm Permira

NOTTINGHAM, England–(BUSINESS WIRE)–Quotient Sciences and global investment firm Permira today announced that a company backed by the Permira Funds has signed a definitive agreement to acquire a majority stake in Quotient from companies controlled by GHO Capital and other investors for an undisclosed sum. The investment provides substantial new funding to fuel the next stage of Quotient’s growth. Chief Executive Officer Mark Egerton and the management team will continue to lead Quotient. Quotient Sciences has brought innovation to the pharmaceutical services sector through its unique Translational Pharmaceutics® platform, which is proven to accelerate development timelines, reduc... »

SnapPay Delivers New Revenue Stream for UBC Bookstore

TORONTO–(BUSINESS WIRE)–The University of British Columbia Bookstore and payment gateway provider SnapPay, Inc., today announced the successful launch of their Alipay and WeChat payment acceptance program, allowing Chinese international students to use the popular Chinese payment apps at its main campus bookstore location in Vancouver. UBC accepts more than 4,000 Chinese international students annually. By accepting popular Chinese mobile payment apps, the campus bookstore enables students to pay in Chinese currency (RMB), while making it convenient for them to buy books, supplies and other items in the format and currency they’re familiar with. In addition, students save money b... »

Zynga Expands Its India Studio and Moves Into New Office in Bengaluru

SAN FRANCISCO–(BUSINESS WIRE)–Today, Zynga Inc. (Nasdaq: ZNGA), a global leader in interactive entertainment, announced the move of its India studio into a new, larger office near MG Road in Bengaluru and is actively hiring for game development roles for this key location. Zynga’s India studio drives the development and management of a renowned portfolio of mobile and web titles, including FarmVille, FarmVille 2, FarmVille 2: Country Escape, FarmVille 2: Tropic Escape, Black Diamond Casino, Willy Wonka and the Chocolate Factory Slots, Empires & Allies, Draw Something and more. “Bengaluru is a central hub for game development with talented professionals who drive innovation,” ... »

Generational Equity Advises Webster Electric in Sale to a Private Investor

DALLAS–(BUSINESS WIRE)–Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, Webster Electric Co Inc. to Providence Group, LP, a NY-based Private Equity Group. The acquisition closed June 28, 2019 and details were not disclosed. Webster Electric Co Inc., located in Meridian, Mississippi, is a full service electrical contractor serving industrial, commercial, educational and institutional clients. Since the business opened in March of 2000, it has grown steadily and customers include some of the largest entities in the states of Mississippi and Alabama. The Company is the largest airport lighti... »

Nexien BioPharma announces that it has been granted a patent by the Israeli Patent Office covering the use of cannabinoids and terpenes for treatment of organophosphate and carbamate toxicity – two common nerve agents

DENVER–(BUSINESS WIRE)–Nexien BioPharma, Inc. (“Nexien” or the “Company”) (OTCQB: NXEN), a next generation biopharmaceutical company focused on research, development and commercialization of novel FDA-compliant cannabinoid pharmaceuticals and related drug delivery systems, today announced that it was granted Patent No. 238946 for “Use of Cannabinoids and Terpenes for Treatment of Organophosphate and Carbamate Toxicity” by the Israeli Patent Office. The endocannabinoid system and other physiological systems can potentially mitigate the effects of organophosphate and carbamate toxicity when treated with medicaments affecting these systems in a time and dose-dependent format. Nexien... »

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