The Save Mart Companies Announces Acquisition by Kingswood Capital Management

Marion Steward

MODESTO, Calif., March 28, 2022 /PRNewswire/ — Today, The Save Mart Companies announced that Kingswood Capital Management LP (“Kingswood”) has acquired the company. Kingswood is an operationally- focused private equity firm based in Los Angeles, with significant experience in the retail sector. Terms of the transaction were not disclosed. Headquartered in Modesto, California, The Save Mart Companies is committed to sourcing a wide variety of local products across approximately 200 stores and serves communities throughout California and Northern Nevada. […]

SAP to Acquire Leading Working Capital Management Company Taulia

Marion Steward

WALLDORF, Germany–(BUSINESS WIRE)–SAP SE (NYSE: SAP) today announced its intent to acquire a majority stake of Taulia, a leading provider of working capital management solutions. The move is aimed at giving companies better access to liquidity and improving their cash flows. The acquisition further expands SAP’s Business Network and strengthens […]