When most companies reach a certain scale, they focus on consolidation. But Black Banx, under the helm of visionary founder Michael Gastauer, isn’t slowing down—it’s recalibrating the boundaries of what global banking can mean. After closing Q1 2025 with $1.6 billion in pre-tax profit, $4.3 billion in revenue, and 78 million clients across 180 countries, Black Banx is not looking back. Its ambitions for the post-2025 era are not just about serving more customers—they’re about reshaping the infrastructure of finance itself. This isn’t a story of banking as we know it. It’s a story of building something entirely new. Banking…
Author: News Team
DWF has supported Bellrock Group in the acquisition of the business and assets of Summers Inman, a respected UK-based consultancy specialising in construction and property services. Founded in 2003 and backed by Sun Capital Partners, Bellrock Group is a leading provider of technology-enabled property solutions. The company is headquartered in London and has expanded through multiple acquisitions, now operating from 11 offices across the UK with a workforce of 1,800. Bellrock offers integrated, data-led services that enhance efficiency, ensure compliance, and drive value across the built environment. Its clients span sectors including healthcare, education, and retail, with notable names such…
H.I.G. Capital completed two notable transactions in the first week of July, adding a Canadian fuel delivery company to its portfolio while partially exiting a Miami-based jewelry brand after a four-year investment. The Miami-based alternative investment firm, which manages $70 billion in capital, acquired 4Refuel from Finning International for up to CAD 400 million on July 1. Days later, H.I.G. Growth Partners sold its majority stake in The GLD Shop to MarcyPen Capital Partners while retaining a minority position. The deals highlight H.I.G. Capital’s continued focus on middle-market companies across diverse sectors, from industrial services to consumer brands. H.I.G. Capital…
The philosophy underlying JP Conte’s approach to organizational change centers on enhancing organizational culture while driving structural transformation. Throughout his tenure as Chairman and Managing Partner of a leading private equity firm, Conte has navigated multiple economic cycles, fund transitions, and portfolio company reorganizations, developing methodologies that preserve institutional memory while adapting to new market realities. His collaborative management approach provides the foundation for managing complex transitions without losing organizational identity. Conte’s arrival in private equity in 1995 marked the beginning of systematic growth that transformed a modest investment firm into one of America’s leading middle-market organizations. When he joined,…
London-based fintech Yaspa, an award-winning provider of real-time payment, account verification, and intelligence solutions, has announced a strategic partnership with VIALET, the European-licensed electronic money institution. This collaboration will significantly strengthen Yaspa’s payments ecosystem, enabling its UK and European merchant clients to access a broader range of instant, multi-currency payment services. The partnership leverages VIALET’s extensive expertise in the European fintech space, where it delivers tailored business accounts and a comprehensive suite of payment services built for the needs of digital-first enterprises. For Yaspa’s merchant base—particularly those in the rapidly expanding gaming industry—these accounts provide a compliant and secure platform…
Strategic collaboration to automate maintenance of VEV’s rapidly growing EV charging infrastructure Fleets to benefit from improved charger availability through streamlined asset management VEV, the e-fleet solutions provider supported by global energy leader Vitol, has announced a new partnership with technology firm Techniche to enhance the performance and availability of its EV charging network through automated maintenance management. The collaboration will utilise Techniche EV, a purpose-built product developed by Techniche, designed to support operators of EV charging infrastructure by ensuring high uptime levels and improving service delivery through automation. Techniche EV integrates seamlessly with the VEV-IQ platform, receiving real-time asset…
Nexus International, the private holding company behind platforms such as the gaming brand Megaposta, is aiming for $1.45 billion in revenue by the end of 2025. After reporting $400 million in revenue for 2024, the company is continuing to grow, without relying on outside investment. Founder and CEO Gurhan Kiziloz confirmed in a recent interview that Nexus has been entirely self-funded to date. “I’m too proud to borrow money,” he said. “If I can build it myself, I will. I don’t want anyone else’s fingerprints on this.” This position has shaped the company’s financial and operational structure, including how it…
When Adam Milstein arrived at Los Angeles International Airport in 1981, he carried with him the experiences of an Israeli soldier who had served during the Yom Kippur War, the analytical training of a Technion-educated engineer, and the determination of an immigrant seeking opportunity in America. What he didn’t carry were extensive financial resources, established business connections, or detailed knowledge of American culture and commerce. Four decades later, the former Israeli soldier has built both a substantial real estate empire and what may be America’s most strategic philanthropic network dedicated to Jewish community security. Milstein’s story represents a classic American…
In international transport, knowledge of regulations concerning the safe transport of goods, excise duties, customs duties, and taxes is of paramount importance. The global supply chain is a system of interconnected vessels, where even the smallest delay can affect the timeliness of deliveries. Effective optimization of operations and supply chain management requires knowledge of critical processes, meticulous data analysis, and familiarity with applicable regulations. So how can global supply chains be optimized? The best way is to seek the help of a proven expert. See how! Efficient international road transport – what affects logistics efficiency? The ideal solution for optimizing…
LAVA Advisory Partners, a London-based M&A advisory firm specialising in the lower-mid-market, has appointed Paul Joyce as a new partner as the firm prepares for a phase of accelerated expansion. Joyce joins from Forvis Mazars, where he spent the past eight years establishing and leading the firm’s London M&A team. With over 20 years’ experience in M&A and corporate finance, his professional background includes senior positions at Deloitte, Credit Suisse, and PwC. He brings with him a proven track record across financial and professional services, with particular expertise in fund and trust administration, business support services, and people-focused enterprises. His…
