ZT Corporate Executes Major Liquidity Event for Investors in a Strategic Management Buyout

Exit of successful auto dealership portfolio generated a MOIC of 2.3X-2.4X for investors over a 5 to 8 years of investment period HOUSTON–(BUSINESS WIRE)–ZT Corporate, a private equity firm that specializes in healthcare and automotive investments, today announced that it has completed a liquidity event for its investors through a strategic management buyout. The liquidity […]

PACCAR and Platform Science Announce Strategic Equity Investment

BELLEVUE, Wash.–(BUSINESS WIRE)–PACCAR announced today that it has made a minority equity investment in its connected truck partner, Platform Science. This strategic investment complements the partnership recently launched by PACCAR and Platform Science to integrate Platform Science’s Virtual Vehicle technology with the PACCAR Connect telematics system. The integrated product will offer Kenworth and Peterbilt customers […]

SmartRIA® Announces Second Strategic Investment Round from Dynasty Financial Partners and MarketCounsel

Strategic investment round from Dynasty Financial Partners and MarketCounsel Supports SmartRIA’s Expansion into Enterprise Compliance Management and Reaffirms Commitment to Industry Partnerships KNOXVILLE, Tenn.–(BUSINESS WIRE)–#DynastyFinancialPartners–SmartRIA®, the leading compliance management software provider to registered investment advisors (RIAs), is excited to announce a second strategic investment round from Dynasty Financial Partners and MarketCounsel. This new investment underscores […]

VicOne and DFI Expand Partnership to Provide Advanced Embedded Automotive Cybersecurity Solutions for Safely Integrating Connected Cars and Smart Cities

Together, VicOne and DFI make it safer to share data in vehicle-to-everything environments DALLAS & TAIPEI, Taiwan–(BUSINESS WIRE)–VicOne, an automotive cybersecurity solutions provider, announced today it has expanded its partnership with DFI, a global provider of embedded motherboards and industrial computers. This strategic alliance delivers enhanced industry-leading automotive cybersecurity software solutions and services for the […]

Tech Training: Guild21 to discuss ADAS and collision repair in webinar next Thursday

Toronto, Ontario — Guild 21 is proud to announce a new webinar set for next Thursday, discussing ADAS opportunities and obligations in the collision repair space. This month’s speaker is John Marlowe, industry engagement officer for Level5Drive Incorporated. A collision repair industry veteran of more than 30 years, he will talk about the challenges and […]

A Just Adjustment: Sask. labour rates to increase 3 percent on Saturday, SGI says

Regina, Saskatchewan — Saskatchewan Government Insurance (SGI) will be updating compensation rates for all its accredited auto repair partners, increasing the labour rate by 3 percent from $92.68 to $95.46, effective Saturday. This increase will be reflected on all shop profiles on April 1, potentially resulting in system disruptions for repair shops according to SGI. […]