article thumbnail

Interactive Strength Inc. (Nasdaq: TRNR) Completes Acquisition of CLMBR, Creating a High-growth, B2B Focused, Connected Fitness Platform

Benzinga

More importantly, the move into the B2B channel is expected to add exciting growth to our portfolio of products. 07, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire – Interactive Strength Inc. Trent Ward, Co-Founder and CEO of TRNR, said: "We are thrilled to have acquired CLMBR and its sizeable consumer installed base in this acquisition.

B2B 40
article thumbnail

Concentrix Announces Acquisition of ServiceSource, a Global B2B Digital Sales Company

Benzinga

Expands B2B sales capabilities, a fast growth area for Concentrix. NASDAQ: SREV ), a global market leader in B2B digital sales, for $1.50 Transaction Details: Expected contribution with synergies of approximately $230 million of revenue and $38 million of adjusted EBITDA in year one, the first twelve months following the acquisition.

B2B 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Mondee Acquires Leading Mexican B2B Travel Company, Consolid

Benzinga

take rate, and its 2022 adjusted EBITDA was over $1 million. The acquisition was concluded with approximately $4 million in cash, plus an additional future earn-out of cash and shares in Mondee stock with a combined value of up to $5 million to increases in adjusted EBITDA.

B2B 40
article thumbnail

Mondee Acquires Leading Brazilian B2B Travel Company, Orinter, Strengthening its Global Position as a Modern Marketplace Comprising Travel Content and Experiences in the Global Gig Economy

Benzinga

Orinter's leading B2B position in the hotel, packages and ground transport markets underpins a take-rate of approximately 13% and post-pandemic restored profitability of >30% EBITDA margin, with 2022 EBITDA of $9.3

B2B 40
article thumbnail

Onfolio Holdings Inc. Acquires RevenueZen Business

Benzinga

RevenueZen was launched in 2017 and began as a B2B marketing agency. RevenueZen offers B2B marketing services such as search-engine optimization, Linkedin marketing and content marketing. in revenue and $227,000 in unaudited adjusted EBITDA. in revenue and $227,000 in unaudited adjusted EBITDA.

B2B 40
article thumbnail

Mondee Acquires Interep, Strengthening its Brazilian and Latin American Footprint

Benzinga

("Interep"), a fast-growing, major B2B travel provider based in Sao Paulo, Brazil. In 2022, Interep's adjusted EBITDA was approximately U.S. Interep has a 40-year operating history with a focus on the upscale segment of the market.

EBITDA 40
article thumbnail

Golden Matrix Provides Corporate Update on Pending Acquisition

Benzinga

Goodman noted that the MeridianBet Group has increased its year-to-date revenues considerably against last year's revenues; and the proforma performance of the combined company, following the acquisition, is now projected to be approximately $132 million in revenues and $27 million in Adjusted EBITDA, for the October 31, 2023 fiscal year.

B2C 40