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Crypto: Reshaping Future

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Several technological advances have been hailed as game-changers in the corporate future. Organizations have depended on technology for decades to function more efficiently and securely.

Blockchain is undeniably exciting. While opinions will always range on which technology will have the most impact.

Transactions are secured in a secure digital ledger that can be audited. Keyless signature systems and the ability to track products from farm to table are just two of the many benefits. [Read more…] about Crypto: Reshaping Future

Learn More About Cloud Faxing Services

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Cloud computing is still a relatively new technology. Because of its comparative novelty, states are still trying to figure out how to tax transactions that occur within the cloud computing industry.

They regularly issue new policy statements, enact new legislation, and promulgate new rules regarding the taxability of cloud-based transactions, so it can be hard for the average business owner to keep up.

Modern companies that utilize cloud-based solutions must be aware of the complexity of state sales and use tax treatment. To that end, this article will offer a basic introduction to the tax treatment of the three types of cloud computing transactions. [Read more…] about Learn More About Cloud Faxing Services

What are the main benefits of Bitcoin? Get all the essentials

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Have you ever thought about what are the main benefits of Bitcoin and why are people using it so often while shopping online? It seems that a great majority of individuals and companies are using Bitcoin as their main method of payment online for numerous reasons.

Bitcoin represents the decentralized digital currency that is able to be sent from one user to another on the P2P network (peer-to-peer) without any need for any kind of the third party between them. All the transactions are being recorded in the blockchain, which is a public distributed ledger, and verified by network nodes.

The reason why bitcoin is so popular is that there are many benefits to this method of payment. In the following, we will tell you what are the advantages of this method of payment and why you should consider paying in the future exclusively with Bitcoin. [Read more…] about What are the main benefits of Bitcoin? Get all the essentials

Sole Source Capital raises $555 million for second fund

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Sole Source Capital, an industrial-focused private equity firm, has closed its second fund, SSC Partners II or “Fund II”, with aggregate total commitments of $555 million.

Fund II was significantly oversubscribed with an initial target of $400 million and reached its hard cap. With the closing of Fund II, Sole Source Capital now manages in excess of $1 billion just three years after the launch of Fund I.

Since 2016, Sole Source has completed 24 transactions focusing on driving rapid value creation in lower middle market companies. [Read more…] about Sole Source Capital raises $555 million for second fund

Sole Source Capital acquires Peak-Ryzex and Optical Phusion

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Sole Source Capital, an industrial-focused private equity firm, has acquired Peak-Ryzex from Keystone Capital and Optical Phusion from its founders, two leading providers of automatic identification, data capture and factory automation solutions.

The companies will be merged and led by Peak-Ryzex CEO Juliann Larimer, CFO Michele Adams and Optical Phusion president Tony Rivers. Terms of the transactions were not disclosed.

The combination will yield significant technological and operational synergies as well as deliver enhanced cross-selling opportunities to a broad set of clients ranging from small and medium sized businesses to Fortune 500 companies – all seeking supply-chain logistical support. [Read more…] about Sole Source Capital acquires Peak-Ryzex and Optical Phusion

Bitcoin – providing boost to your business!

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Everyone wants to own a successful business but with the current competition it is quite difficult to grow a business. If you own a business and want to boost it, bitcoin can be of great help to you.

There are several advantages of using bitcoins in your business. You can visit bitcoin circuit trading software learn more about it.

Some of the top business benefits of bitcoin are listed below. [Read more…] about Bitcoin – providing boost to your business!

Russia and China ‘ditch’ dollar and increase use of euro

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Russia and China are building a “financial alliance” and look set to “ditch” the dollar, according to a report on the Nikkei Asian Review website. 

The financial news website reports that the US dollar’s share of trade between Russia and China “fell below 50 percent for the first time on record” in the first quarter of 2020.

The source of the statistic is Russia’s Central Bank and Federal Customs Service, which published figures showing that a relatively low 46 percent of trade transactions between China and Russia were conducted or completed in US dollars. [Read more…] about Russia and China ‘ditch’ dollar and increase use of euro

$700 billion spent on mergers and acquisitions in industrial sector

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Almost $700 billion was spent on mergers and acquisitions in industrial sector last year, according to a study.

Research from global management consultancy A.T. Kearney has found that the total value of deals in the industrials market has risen to $680 billion in 2018, an increase from $662 billion the year before.

A.T. Kearney’s Industrials M&A Report 2019 analysed over 76,000 global transactions between 2009 and 2018 and found that the trend towards so-called ‘megadeals’ is set to continue.

2018 alone saw more than 100 individual deals worth over $1 billion, and seven of those transactions topping the $10 billion mark – including significant deals such as United Technologies’ $30+ billion takeover of avionics supplier Rockwell Collins and the intra-UK $12.1bn deal between Melrose Industries and GKN. [Read more…] about $700 billion spent on mergers and acquisitions in industrial sector

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