Arable adds a VP to team


This post is by Iris Dorbian from PE Hub Blog: Human Resources


Click here to view on the original site: Original Post




Arable Capital Partners has named Matt Reus as a vice president in its Bellevue, Washington office. Previously, he worked at Cascadia Capital.

PRESS RELEASE

BELLEVUE, July 9, 2019 – Arable Capital Partners (“Arable”) welcomes Matt Reus to the Arable team as a Vice President in the Bellevue, WA office. Matt is responsible for transactional work and due diligence on acquisitions, financial analysis, portfolio management and assisting in overall investment strategy.

“Matt’s background in investments and transaction work, specifically in the Food and Agribusiness sector, allows for a seamless transition into the Arable team where he can immediately add value,” said Greg Richards, Managing Director in the Bellevue Office at Arable.

Prior to Arable, Matt has twelve years of direct investment, investment banking and fixed income experience. He was with Cascadia Capital, a Pacific Northwest based investment bank, where he executed mergers & acquisitions, capital raising and direct investment transactions in

Continue reading “Arable adds a VP to team”

Curaleaf to buy Grassroots for $875 mln


This post is by Luisa Beltran from PE Hub Blog: PE-Backed Mergers and Acquisitions


Click here to view on the original site: Original Post




Curaleaf Holdings Inc said July 17 that it agreed to buy GR Companies Inc, or Grassroots, for about $875 million in cash and stock. Grassroots, of Chicago, grows, processes and sells medical cannabis. In March, the company raised $90 million of VC funding, in the form of convertible debt, from undisclosed investors, PitchBook said.

PRESS RELEASE

Curaleaf to Acquire Salveo Capital Portfolio Company Grassroots, Creating the World’s Largest Cannabis Company

Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) (“Curaleaf”), a leading vertically integrated cannabis operator in the United States, today announced it has signed a definitive agreement to acquire GR Companies, Inc. (“Grassroots”), the largest private vertically-integrated multi-state operator, in a cash and stock deal valued at approximately $875 million. This transaction solidifies Curaleaf’s position as the world’s largest cannabis company by revenue and the largest in the U.S. across key operating metrics.

The highly complementary acquisition brings together

Continue reading “Curaleaf to buy Grassroots for $875 mln”

Using Energy Better: Bioluminescence


This post is by Barry Ritholtz from The Big Picture


Click here to view on the original site: Original Post




French startup Glowee is rethinking lighting by harnessing ‘bioluminescence’ – light produced by living organisms, like jellyfish or fireflies. With lighting accounting for up to 30% of global electricity consumption, CEO and founder Sandra Rey has been looking to nature to inspire how biological lighting systems might help humans use energy better.

 

Could the Light of the Future Come From the Sea?

Source: Bloomberg

 

See also:
These Glowee lamps run on bioluminescent squid-power

Glowee: Meet an Unreasonable company

The post Using Energy Better: Bioluminescence appeared first on The Big Picture.