📶 Brookfield Acquired ATC India For $2.5B. 80M+ VC Funding.
Daily Impact Deals #155 looks at major deals and M&A in impact industries, and upcoming economic releases.
Sabaidee 🏞️
📈 Today's Global Economic Update: Australia's trade surplus increased to AUD 5.59B in June 2024 from AUD 5.05B in May, driven by a 1.7% rise in exports, especially in mineral fuels. Imports grew by 0.5%, led by capital goods. The surplus reflects stronger export performance despite a decline in shipments to China.
🗃️ Deal of the Day: Cents, a NYC-based provider of business management platform for laundry businesses, raised a $40M Series B for expansion.
What's New?
📚 Education. EdTech
🌍 Climate. Energy, water treatment + more
💻 Technology. Cloud, financial services + more
🩺 Health. Medical devices
📅 Economics. GDP data, employment data, inflation data + more
📚 Education
👨💻 TEDU, Florida-based EdTech company, raised a $2M Seed from Cofounders Capital to transform academic support infrastructure in higher education across the United States and Canada.
🌍 Climate
🔋 Syso Technologies, a renewable energy and battery storage company, raised a $14.5M Series B from Kimmeridge to expand its offerings.
💧 TJC is acquiring water treatment company USALCO from HIG Capital, which will keep a minority stake post-deal.
🌬️ Hoffman Family of Companies acquired Viking Plastics, a manufacturer of plastic caps for car air conditioning systems.
💻 Technology
🗃️ Cents, a NYC-based provider of business management platform for laundry businesses, raised a $40M Series B, The company intends to use the funds to expand.
📦 Box, a California-based provider of an intelligent content cloud, acquired Alphamoon Technology, a Polish AI-powered intelligent document processing company.
🪙 Brookfield Asset Management, a Canadian-based investment management company acquired ATC India Wireless Infrastructure Solutions for $2.5B.
🩺 Health
🩻 SamanTree Medical, a Swiss-based medical device manufacturer, raised a $14M Series B from Turenne Groupe to improve surgery outcomes.
📅 Economic Calendar
GDP Data, Employment Data, Inflation Data + More
Friday, August 9th 2024
🇨🇦 Canada Employment Data, July
Monday, August 12th 2024
🇦🇺 Australia Westpac Consumer Confidence Data, August
Tuesday, August 13th 2024
🇬🇧 UK Unemployment Data, June
🇩🇪 Germany ZEW Economic Sentiment Index, August
🇺🇸 US PPI MoM, July
Wednesday, August 14th 2024
🇬🇧 UK Inflation Data, July
🇺🇸 US Inflation Data, July
🇯🇵 Japan GDP Data (Preliminary), Q2
🇨🇳 China Industrial Production Data, July
🇨🇳 China Retail Sales Data, July
Thursday, August 15th 2024
🇬🇧 UK GDP Data, June
🇺🇸 US Retail Sales Data, July
Friday, August 16th 2024
🇬🇧 UK Retail Sales Data, July
🇺🇸 US Building Permits Prel, July
🇺🇸 US Michigan Consumer Sentiment Prel, August
Monday, August 19th 2024
🇦🇺 Australia RBA Meeting Minutes
Tuesday, August 20th 2024
🇨🇦 Canada Inflation Data, July
🇯🇵 Japan Balance of Trade, July
Wednesday, August 21st 2024
Thursday, August 22nd 2024
🇩🇪 Germany HCOB Manufacturing PMI (Flash), August
🇯🇵 Japan Inflation Data, July
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