Ghostboard pixel

🍬 CP Kelco Acquired For 1.8B. 310M+ VC Funding.

Impact Capital Markets #140 looks at major deals and M&A in impact industries, and upcoming economic releases.

Ayubowan 🌴

πŸ“ˆ Today's Global Economic Update: US building permits increased by 3.4% in June, the highest in three months. Single-family permits fell by 2.3% to 934,000, while larger building permits increased 19.2% to 460,000.

πŸ›‘οΈ Deal of the Day: Saronic, a Texas-based maritime defense company, raised a $175M Series B, to accelerate growth.

What's New?
πŸ“š Education. Education support
🌍 Climate. Refinery, drones, EV
πŸ›°οΈ Space & Defense. Maritime defense
🩺 Health. MedTech, clinical tech + more
πŸ“… Economics. BoC interest rate, US GDP, balance of trade + more

πŸ“š Education


πŸ’Ό Quad Partners, a New York-based private equity firm, acquired The Edwin Group, a UK-based education support services company.

🌍 Climate

🍬 Tate & Lyle, a British company founded as a sugar refinery in 1859, acquired CP Kelco for $1.8B to expand into sugar reduction ingredients and stabilizers.

🚁Aereo, an Indian startup providing commercial drone solutions, raised a $15M Series B from 360 ONE Asset to expand operations.

🚌 FreshBus, an Ixigo-backed electric vehicle bus startup, raised a $5.3M Series A from Maniv Mobility.

πŸ›°οΈ Space & Defense

πŸ›‘οΈ Saronic, a Texas-based maritime defense company, raised a $175M Series B, to accelerate its growth domestically and internationally.

🩺 Health

πŸ§‘β€βš•οΈ GE Healthcare, an Illinois-based medical technology and digital solutions innovator, acquired Intelligent Ultrasound Group, a UK-based provider of software for ultrasound.

πŸ”¬ Q Bio, a California-based clinical technology company, raised a $27M Series A to manufacture their full-body scanners (Mark I) and expand growth.

πŸ’Š Rona Therapeutics, a Chinese therapeutics platform, raised a $35M Series A from LongRiver Investments to advance their clinical pipeline.

πŸ“… Economic Calendar

BoC Interest Rate, US GDP, Balance of Trade + More

Wednesday, July 24th 2024

πŸ‡©πŸ‡ͺ Germany GfK Consumer Confidence
πŸ‡©πŸ‡ͺ Germany HCOB Manufacturing PMI (Flash)
πŸ‡¨πŸ‡¦ BoC Interest Rate Decision

Thursday, July 25th 2024

πŸ‡©πŸ‡ͺ Germany Ifo Business Climate
πŸ‡ΊπŸ‡Έ US Durable Goods Orders Data
πŸ‡ΊπŸ‡Έ US GDP Growth Data

Friday, July 26th 2024

πŸ‡ΊπŸ‡Έ US Core PCE Price Index
πŸ‡ΊπŸ‡Έ US Personal Income & Spending Data


Like getting this newsletter? For unlimited access to more deals and economic updates, request a demo.


Thank you for reading. Have a great week ahead!
Have some feedback or want to sponsor this newsletter? Let us know at hello@holoniq.com