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Xerox will axe thousands of jobs in its 'reinvention' plan

Xerox will axe thousands of jobs in its 'reinvention' plan
PrivCo's Daily Stack ® is a daily financial newsletter, where you'll find the latest fundings and deals in the private market.
January 5, 2024

What We're Reading

Trending Companies


Oakberry, a global franchise promoting Brazilian Acai-based healthy fast food, raises $67MM Series C from Btg Pactual Holding.

Fast Food • Sao Paolo, Brazil


Intrinsic, a company that focuses on developing robotics software and artificial intelligence technologies, raises $3.1MM Seed from Urban Innovation Fund.

Artificial Intelligence • San Francisco, CA • Post-Money Valuation


Voyage Foods, a company that reconstituted chocolate, peanut butter and coffee, raises $22MM Equity Funding from Undisclosed Investors.

Food Processing • Oakland, CA • Post-Money Valuation


Vita Inclinata, a company in the aerospace and defense industry, providing technology solutions that enhance safety and efficiency in challenging operational environments, raises $44MM Equity Funding from 3&1 Fund.

Aerospace & Defense • Broomfield, CO • Post-Money Valuation


Radionetics, a pharmaceutical company focused on the discovery and development of novel radiotherapeutics for the treatment of a wide range of oncology indications, raises $52.5MM Series A from 5AM Ventures.

Oncology • Menlo Park, CA • Post-Money Valuation


BioCentriq, a cell therapy Contract Development and Manufacturing Organization (CDMO) that manufactures drug products for use in human clinical trials, raises $29.2MM Series A from Undisclosed Investors.

Contract Manufacturing • Newark, NJ • Post-Money Valuation


Remix Therapeutics, a company that develops small molecule therapies that targets and reprograms RNA processing, raises $60MM Equity Funding from The Column Group.

Biotechnology • Cambridge, MA • Post-Money Valuation


Salt Creek Capital Management acquires Vantage Vehicle, a manufacturer of low speed utility vehicles.

Automotive • Corona, CA • Deal


Kimco Realty acquires RPT Realty, a company that operates a national portfolio of open-air shopping destinations.

Retail • New York, NY • Deal


Nintex acquires Skuid, a digital product engineering services company offering full-lifecycle product development.

Product Lifecycle Management (PLM) • Chattanooga, TN • Deal



Amplix acquires Go2 Communications, a company that focuses on providing IT leaders with insights for evaluating various IT solutions, including SD-WAN, MPLS, network resiliency, UCaaS, VoIP, cloud, and disaster recovery.

IT Consulting • Woburn, MA • Deal


Signature Aviation acquires Meridian, a Fixed Base Operator (FBO) with comprehensive aircraft detailing services.

Repair & Maintenance • Teterboro, NJ • Deal


Lindab acquires Vicon Machinery, a company that manufactures machinery intended for manufacturing of rectangular ventilation ducts.

HVAC • Bohemia, NY • Deal


Rev1 Energy acquires Engineered Electric Services, a company that provides commercial, industrial construction and arc flash consulting, training and compliance.

Electrical Engineering • Mulberry, FL • Deal


Myers Industries acquires Signature Systems, a company that designs, manufactures, and distributes temporary flooring and fencing products intended for worksite safety and ground protection.

Flooring • Flower Mound, TX • Deal


Comfort Systems USA intends to acquire Summit Industrial Construction, a company that provides construction and engineering services intended for oil and gas, power and chemicals industries.

Oil & Gas Services • Houston, TX • Deal


Spin Master acquires Melissa & Doug, a firm that manufactures toys and children's products.

Toys • Westport, CT • Deal


Flight Check acquires Keenan Technical Industries, a company that provides aircraft maintenance services.

Aircraft Maintenance and Repair • Windsor Locks, CT • Deal


Traliant acquires Kantola Training Solutions, a company that provides e-learning services.

E-Learning • Mill Valley, CA • Deal


The Travelers Companies completes acquisition of Corvus Insurance, a company that is a provider of commercial insurance products built on advanced data science.

Insurtech • Boston, MA • Deal


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