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Avanos Medical To Acquire OrthogenRx for $160 Million
December 15, 2021
Avanos Medical, Inc. (NYSE: AVNS) today announced it has entered into a definitive agreement to acquire OrthogenRx, Inc., an emerging leader in viscosupplementation therapies for the treatment of knee osteoarthritis (OA) pain, for a total consideration of $160 million. The purchase price consists of $130 million in cash at closing plus an additional $30 million […]
GoCoach Raises $3.5 Million Seed Round Led by Panoramic Ventures to Help Organizations Coach and Upskill Workforces
December 14, 2021
GoCoach, an upskilling, workplace learning, and coaching platform, has secured an oversubscribed venture round led by Panoramic Ventures. Other investors participating in the round include Early Light Ventures, Zane Capital, WGU Labs, RevUp Capital, Gaingels, Ben Franklin Technology Partners, and Global Super Angels Fund. The caliber and variety of investors participating in this round demonstrates […]
Philadelphia Adtech Startup Sidecar, Backed by $33.5M in Funding, Acquired by New York Competitor
December 14, 2021
Philadelphia advertising technology startup Sidecar has been acquired by New York-based competitor Quartile. The deal closed last week, and the terms were not disclosed. Sidecar will take Quartile’s name, and the company will retain its office at One South Broad in Philadelphia. The acquisition will fold Sidecar’s 180 employees into Quartile, bringing the total headcount […]
In a Deal That ‘Bodes Well’ for Local Investors, Center City’s Sidecar Has Been Acquired by Quartile
December 14, 2021
Performance marketing company Sidecar, a mainstay in the Philly tech scene since its launch nearly a decade ago, has been acquired by New York-based Quartile, the company announced Monday. Five-year-old ad optimization platform Quartile specializes in ecommerce marketplace sellers, and Sidecar CEO Andre Golsorkhi said that the deal — for which details were not disclosed […]
Roundtrip Raised a ‘Strategic Investment’ Round to Drive Expansion (and Hiring) Plans
December 9, 2021
On Thursday, on-demand patient ride booking company Roundtrip said it had raised a “strategic investment” round of fundraising from a mix of existing and new investors. The Callowhill-based company makes software that connects ride requests to a group of transportation companies. It’s aimed at transporting patients to non-emergent healthcare appointments via the likes of medical […]
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