🌬️ Volution Group Acquires Fantech Group For $190M. $250M+ VC Funding.
Daily Impact Deals #186 looks at major deals and M&A in impact industries and upcoming economic releases.
Halló ❄️
📈 Today's Global Economic Update: The Bank of England's Bank Rate remained unchanged at 5% in September 2024, following a 0.25% cut in August. Inflation was 2.2% in August, while the private sector's regular average weekly earnings growth declined to 4.9%.
🏥 Deal of the Day: Alan, a Paris-based health insurance company, raised a $193M Series F funding round led by Belgian bank insurer Belfius.
What's New?
🌍 Climate. Volution Group acquires Fantech Group
🩺 Health. CorroHealth acquired Xtend + more
💻 Technology. Cisco acquired Robust Intelligence + more
📅 Economics. Euro Area inflation data, GDP data, inflation data + more
🌍 Climate
🌬️ Volution Group, a London-listed provider of energy-efficient indoor air quality solutions, acquired Australian-based Fantech Group for $190M.
🩺 Health
🏥 Alan, a Paris-based health insurance company raised a $193M Series F funding round led by Belgian bank insurer Belfius.
📈 CorroHealth, a healthcare technology firm acquired Navient's revenue cycle management business Xtend, expanding its RCM offerings and adding patient engagement capabilities.
💻 Technology
🧊 LiquidStack, a Texas-based company specializing in liquid cooling, raised a $20M Series B, The company intends to use the funds to expand its manufacturing presence.
📅 Economic Calendar
Euro Area Inflation Data, GDP Data, Inflation Data + More
Monday, September 23rd 2024
🇩🇪 Germany HCOB Manufacturing PMI (Flash), September
Tuesday, September 24th 2024
🇩🇪 Germany Ifo Business Climate
🇦🇺 Australia Monthly CPI Indicator, August
Thursday, September 26th 2024
🇩🇪 Germany GfK Consumer Confidence
🇺🇸 US Durable Goods Orders Data
🇺🇸 US GDP Growth Data, Q2
Friday, September 27th 2024
🇫🇷 France Inflation Data (Preliminary), September
🇺🇸 US Core PCE Price Index
🇺🇸 US Personal Income & Spending Data
Monday, September 30th 2024
🇨🇳 China NBS Manufacturing PMI, September
🇨🇳 China Caixin Manufacturing PMI, September
🇮🇹 Italy Inflation Data (Preliminary), September
🇩🇪 Germany Inflation Data (Preliminary), September
Tuesday, October 01st 2024
🇯🇵 Japan Consumer Confidence Index, September
🇪🇺 Euro Area Inflation Data (Flash), September
🇺🇸 ISM Manufacturing PMI, September
🇺🇸 US JOLTs Job Openings, September
Wednesday, October 02nd 2024
🇦🇺 Australia Balance of Trade Data, August
Friday, October 04th 2024
🇨🇦 Canada Balance of Trade Data, August
🇺🇸 US Employment Data, September
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