Oracle’s stock gets a boost as the OpenAI ecosystem comes back into favor
“It looks like OpenAI is turning things around,” and that’s seen as good news for Oracle, which has a lot riding on the ChatGPT creator’s success.
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Charterhouse Capital Partners to acquire French building maintenance group Batibig
Batibig co-founders will continue leading the business and reinvest alongside Charterhouse The company carries out more than 300,000 repair, maintenance and renovation interventions a year Charterhouse plans to back further acquisitions as part of Batibig’s existing buy-and-build strategy across France and internationally Charterhouse Capital Partners has entered exclusive negotiations to acquire Batibig, a French B2B…
How Seller Multiples For Advisory Firms Get Reduced Post-Deal By Retention And Earnout Growth Contingencies
When selling a business, it’s only natural to want to negotiate for the highest price you can. In the context of the advisory business, this has led to a growing focus on the “going rate” valuation multiples of revenue or earnings (EBITDA), with advisors asking what they can do to maximize the overall sale price…
Insurance Industry Employee Confidence Tanks on AI Concerns: Report
A new report highlights insurance industry employees’ growing negativity toward artificial intelligence job displacement, as sector employment dropped 21% yera-over-year, and entry-level adjuster positions dropped 50% YoY. Glassdoor’s Employee Confidence Index for its broader AI Report hit a record 10-year low in July, and a large percentage came from the insurance sector. From July 2025…
AIP completes take-private buyout of medical tech firm Avanos Medical
David Pacitti serves as CEO of Avanos Avanos Medical was founded in 2014 American Industrial Partners has completed its previously announced take-private acquisition of Avanos Medical, a Alpharetta, Georgia-based medical technology company. The transaction puts Avanos at a valuation of approximately $1.272 billion. According to the terms of the deal, Avanos stockholders will receive $25…
Cava’s sales surge as diners swap lettuce for grain bowls and pitas amid food-safety scare
Cava Group says some diners have switched up their orders to avoid lettuce, but the fast-casual chain has still been able to sport sales growth despite a summer of food-safety scares impacting the restaurant industry writ large.
Intuit expects 2027 revenue to ‘decelerate,’ CFO says
Dive Brief: TurboTax and Mailchimp operator Intuit expects revenue for its full year 2027 to decelerate as the company focuses on boosting customer growth, CFO Sandeep Aujla said Tuesday. For fiscal 2027, the company expects total company revenue between $23.2 billion to $23.5 billion, or growth between nine percent and 10%, Aujla said during the…
