Funds advised by CVC Capital Partners, Republic's majority owner, will exit its investment, while the Phillips family, which retained a significant shareholding under CVC's ownership, will continue to hold an equity interest in the company.
Funds advised by CVC Capital Partners, Republic's majority owner, will exit its investment, while the Phillips family, which retained a significant shareholding under CVC's ownership, will continue to hold an equity interest in the company.
The companies announced plans for the merger three months ago when Thoma Bravo acquired WWEX Group. The combination brings together WWEX Group’s freight brokerage platform and network of more than 2,300 sales professionals with Auctane’s AI-powered shipping software, global carrier connectivity, and automation capabilities.
After the deal closes, Thoma Bravo will combine WWEX Group with its existing portfolio company Auctane, a leading global tech company offering intelligent shipping and fulfillment products such as ShipStation, Stamps.com, Metapack, and Packlink.
Dallas-based AI infrastructure startup Watter just rolled out a waste-heat-to-water platform for commercial buildings. Its first customer: Hyatt Regency Dallas at Reunion Tower.
Watter’s hardware captures heat from computer servers inside a commercial building and converts it to hot water for the building....
To grow production of critical munitions, Bethesda, Maryland-based Lockheed Martin announced plans to add 2,000 new jobs in Texas and 4,000 more across the United States. It also will expand advanced manufacturing at its Grand Prairie Missiles and Fire Control campus by 185,000 square feet....
Dallas-based AI infrastructure startup Watter just rolled out a waste-heat-to-water platform for commercial buildings. Its first customer: Hyatt Regency Dallas at Reunion Tower.
Watter’s hardware captures heat from computer servers inside a commercial building and converts it to hot water for the building....
To grow production of critical munitions, Bethesda, Maryland-based Lockheed Martin announced plans to add 2,000 new jobs in Texas and 4,000 more across the United States. It also will expand advanced manufacturing at its Grand Prairie Missiles and Fire Control campus by 185,000 square feet....