The housing market in the U. S. is in a tough spot. There aren't enough homes for everyone who needs one. This problem has been growing since the Great Recession. Now, prices are way higher than they were before the pandemic. One big reason for this is that building new homes is hard and expensive.
Janney Montgomery Scott, a firm owned by KKR & Co. , is making some big changes. They're in talks to sell off parts of their business. Specifically, they're looking to sell their division that advises banks and their institutional equities business. This sale is part of a larger plan to focus more o
In a significant shift, SimpliSafe, a major player in the smart-home security market, has a new owner and a fresh leadership team. The Boston-based company is now under the wing of private equity firm GTCR, which recently completed its acquisition from Hellman & Friedman. This change brings in Hilar
PlaySimple, a game company based in Bengaluru, is making big plans. It wants to raise a lot of money through an IPO. This is a big deal because it shows how popular mobile games have become. PlaySimple is known for games like Daily Themed Crossword and Word Bingo. These games are loved by many peopl
Manipal Education and Medical Group has stepped into the spotlight with their interest in acquiring Think and Learn, the troubled parent company of Byju's. This move comes as no surprise, given the current state of the ed-tech giant. Byju's, once a shining star in the education technology world, ha
Public, a popular investing app, has made a significant move into the world of cryptocurrency. They recently bought Alto's crypto business for a hefty $65 million in cash and stock. This deal gives Public access to about $600 million in assets under management, making it the first investing app to o
Rumors are buzzing that Bybit, a major player in the crypto exchange world, is considering a big move: buying Korbit, a well-established crypto exchange in South Korea. This news comes from local media reports, which suggest that Bybit has been in discussions with Korbit's leadership. However, Korbi
A major deal just happened in the world of medical tech. Laborie Medical Technologies is buying the JADA System from Organon. This system helps stop heavy bleeding after childbirth. The price tag? A whopping $465 million. That's a lot of money, but it's for a device that could save lives. The JADA
The U. S. Army is planning a massive increase in drone production. They want to buy at least one million drones in the next few years. This is a huge jump from the current rate of about 50, 000 drones per year. The Army is learning from the war in Ukraine. Both Ukraine and Russia are using small, c
Element Solutions Inc. is set to grow its business by acquiring EFC Gases & Advanced Materials. This deal is expected to close by the end of 2025, pending regulatory approvals. EFC specializes in high-purity gases and advanced materials, serving industries like semiconductors, aerospace, and electri
