Endeavor entrepreneurs have an economic impact

During his 2020 Budget Speech, Finance Minister Tito Mboweni stated that entrepreneurs will ignite the economy and drive job creation. Proving his words are the 26 entrepreneurs being supported by Endeavor South Africa who, over the past three years, have delivered...

The impact of Covid-19 on markets

The spread of coronavirus, Covid-19, beyond China has created fresh uncertainty for the global growth outlook and sparked volatility in financial markets. Outbreaks in South Korea, Iran and Italy have raised concerns that the spread outside of China may be...

Insight Partners completes Veeam acquisition

Insight Partners has completed its acquisition of Veeam, at a valuation of approximately $5-billion. “Insight has been a trusted partner since 2013 when they made their first minority-stake investment in Veeam,” says Bill Largent, CEO of Veeam. “They...

Altron Nexus confirms new MD

Altron has announced the confirmation of Mark Harris to the permanent role of MD of Altron Nexus. Andrew Holden, group chief operations officer, says Harris will report directly to him. Holden comments: “Mark has been acting as Altron Nexus MD for almost six...

Sophos completes Thoma Bravo acquisition

Sophos has completed its acquisition by Thoma Bravo, a private equity firm focused on the software and technology-enabled services sectors, in a cash transaction that values Sophos at approximately $3,9-billion. The acquisition offer was announced on 14 October 2019....

King Price acquisition of Stangen gets the go-ahead

Short-term insurer King Price has confirmed its entry into the South African life insurance market after regulators this week gave the green light for its acquisition of life insurer Stangen from JSE-listed African Phoenix Investments, for R140-million. The move...