Latest news with #Netherlands-based
The Star
2 days ago
- Business
- The Star
Exclusive-Thoma Bravo explores $3 billion-plus sale of software firm Apryse, sources say
FILE PHOTO: U.S. dollar banknotes are seen in this illustration taken March 19, 2025. REUTERS/Dado Ruvic/Illustration/File Photo (Reuters) -Buyout firm Thoma Bravo is exploring a $3 billion-plus sale of Apryse, after receiving interest from potential buyers of the document processing software provider, people familiar with the matter said on Thursday. Thoma Bravo is working with investment bankers at Lazard on the sale process, said the sources, noting interest had already come from other private equity firms. As part of any deal, Thoma Bravo may decide to retain a minority stake in Apryse, the sources said. They also cautioned that no sale was guaranteed and spoke on condition of anonymity to discuss confidential deliberations. Thoma Bravo declined to comment, while Apryse and Lazard did not respond to Reuters' requests for comment. Denver, Colorado-based Apryse provides document processing technology for developers of mobile and computer applications, allowing them tocreate, edit, and convert digital documents, as well as integrate such capabilities into their own applications. Its customers include Novartis, Wells Fargo and DocuSign, according to its website. Apryse generates more than $100 million in earnings before interest, taxes, depreciation, and amortization (EBITDA) and is growing more than 20 percent annually, the sources said. Any deal is expected to value the company at 30x its EBITDA or higher, the sources added. PDFTron, the previous name of Apryse, was founded in 1998 as a document processing technology platform. It was acquired by Thoma Bravo in 2021, with the investment led by the co-head of Thoma's Discover platform, Hudson Smith. The company was renamed as Apryse two years Capital Partners and the company's management team have remained minority shareholders in the business. Apryse has completed nine add-on acquisitions to expand its functionality and global reach since Thoma Bravo acquired the company. These include Netherlands-based digital document processor TallComponents, which was announced earlier this week, and AI-powered software maker Lead Technologies, completed last year. (Reporting by Milana Vinn in New York; Editing by David Gregorio)
Yahoo
2 days ago
- Business
- Yahoo
Exclusive-Thoma Bravo explores $3 billion-plus sale of software firm Apryse, sources say
By Milana Vinn (Reuters) -Buyout firm Thoma Bravo is exploring a $3 billion-plus sale of Apryse, after receiving interest from potential buyers of the document processing software provider, people familiar with the matter said on Thursday. Thoma Bravo is working with investment bankers at Lazard on the sale process, said the sources, noting interest had already come from other private equity firms. As part of any deal, Thoma Bravo may decide to retain a minority stake in Apryse, the sources said. They also cautioned that no sale was guaranteed and spoke on condition of anonymity to discuss confidential deliberations. Thoma Bravo declined to comment, while Apryse and Lazard did not respond to Reuters' requests for comment. Denver, Colorado-based Apryse provides document processing technology for developers of mobile and computer applications, allowing them to create, edit, and convert digital documents, as well as integrate such capabilities into their own applications. Its customers include Novartis, Wells Fargo and DocuSign, according to its website. Apryse generates more than $100 million in earnings before interest, taxes, depreciation, and amortization (EBITDA) and is growing more than 20 percent annually, the sources said. Any deal is expected to value the company at 30x its EBITDA or higher, the sources added. PDFTron, the previous name of Apryse, was founded in 1998 as a document processing technology platform. It was acquired by Thoma Bravo in 2021, with the investment led by the co-head of Thoma's Discover platform, Hudson Smith. The company was renamed as Apryse two years later. Silversmith Capital Partners and the company's management team have remained minority shareholders in the business. Apryse has completed nine add-on acquisitions to expand its functionality and global reach since Thoma Bravo acquired the company. These include Netherlands-based digital document processor TallComponents, which was announced earlier this week, and AI-powered software maker Lead Technologies, completed last year. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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Business Standard
3 days ago
- Business
- Business Standard
Vopak Terminals IPO allotment today; check status, GMP, listing date
Aegis Vopak Terminals IPO allotment status: The basis of allotment for the Aegis Vopak Terminals IPO shares is likely to be finalised today, Thursday, May 29, 2025. The public offering closed for subscription on Thursday, May 22, 2025, receiving muted participation from investors and getting oversubscribed by 2.09 times. Here's how to check Aegis Vopak Terminals IPO allotment status online Once the Aegis Vopak Terminals IPO allotment is finalised, investors can check their status on the official websites of BSE, NSE, or MUFG Intime India (erstwhile Link Intime), the registrar for the issue. Alternatively, investors can use the following links to check the Aegis Vopak Terminals IPO allotment status directly: Aegis Vopak Terminals IPO final subscription status The ₹2,800 crore public offering of Aegis Vopak Terminals, offered at a price band of ₹230–235 with a lot size of 63 shares, received bids for 14,43,72,942 shares against the 6,90,58,296 shares offered. This led to an oversubscription of 2.09 times by the end of the subscription period, according to data available on the BSE. Aegis Vopak Terminals IPO witnessed the highest participation from the Qualified institutional buyers (QIBs), who subscribed to 3.30 times the portion reserved for them. Meanwhile, the category reserved for the Retail investors (RIIs) and Non-institutional investors (NIIs) was not fully subscribed as their subscription stood at 0.77 times and 0.56 times, respectively. Aegis Vopak Terminals IPO grey market premium (GMP) today The unlisted shares of Aegis Vopak Terminals continue to command a muted premium in the grey market on Thursday. Sources tracking unofficial market activities revealed that Aegis Vopak Terminals shares were seen trading at around ₹236 per share, reflecting a grey market premium (GMP) of merely ₹1 or 0.43 per cent over the upper end of the issue price. Aegis Vopak Terminals IPO listing estimate Shares of Aegis Vopak Terminals are scheduled to list on the BSE and NSE on Monday, June 2, 2025. The current grey market trends indicated a lacklustre listing of the company's shares. However, these estimates may vary, as the grey market is unregulated, and GMP should not be considered a reliable indicator of performance. About Aegis Vopak Terminals Aegis Vopak Terminals offers tank storage and handling services for various types of liquids and LPG gases. The company is India's largest third-party owner and operator of tank storage terminals for LPG and liquid products, as outlined in the Red Herring Prospectus (RHP). The company offers secure storage and associated infrastructure for products like petroleum, chemicals, lubricants, vegetable oil, and LPG. It is a joint venture between Aegis Logistics and Vopak India BV (part of Royal Vopak, a Netherlands-based leading global tank storage company).
Yahoo
4 days ago
- Business
- Yahoo
'One of the biggest things I've seen here': Why a huge crane ship is in RI waters
PROVIDENCE – The SSCV Thialf is hard to miss. At 662 feet long and 473 feet high, it's the second-largest crane ship in the world. Since steaming into Narragansett Bay on May 26, it's been attracting a lot of attention, with chatter on social media and in boating circles about what a ship that stands taller than the Newport Bridge towers is doing here. 'It's certainly one of the biggest things I've seen here,' Jamestown Harbormaster Bart Totten said of the ship that's anchored in the waters between his town and Newport. The ship is being used in the construction of Empire Wind, the offshore wind farm off New York that has been in the news lately after the Trump administration abruptly issued a stop-work order for the project on April 16 and just as abruptly reversed course on May 19. Operated by Netherlands-based Heerema Marine Contractors, the Thialf departed Rotterdam on April 1, according to marine traffic maps, and crossed the Atlantic to start work on Empire Wind, which is expected to have 816 megawatts of capacity or enough power for 500,000 homes. When the stop-work order was issued, project developer Equinor said that construction of the wind farm was already 30% complete. It had to idle nearly a dozen vessels. The Thialf waited out the stoppage in Canada. With the federal Bureau of Ocean Energy Management clearing the way for construction to start up again, the Thialf arrived in the Bay on the afternoon of May 26. Because the waters there are sheltered and offer easy access to areas all around the Northeast, large ships often come in to wait out bad weather, pick up equipment or get ready for construction projects. When it was constructed in 1985, the Thialf, a semi-submersible crane vessel, was the largest ship of its kind in the world. It was eclipsed in 2019 when the SSCV Sleipnir, which is also operated by Heerema Marine Contractors, went into service. The Thialf is able to lift as much as 14,200 metric tons. In 2000, it set a world record at the time when it lifted the topsides, or upper portion, of Shell's Shearwater natural gas platform in the North Sea into place. It will use its cranes to install the monopile foundations that will be hammered into the seafloor to hold up Empire Wind's 54 wind turbines. It will also be used to put in place the latticework foundation for the offshore substation that will help send power to shore. The ship is finishing up its mobilization in the Bay, according to an Equinor spokesperson. Foundation pieces that were transported horizontally will be assembled vertically. Unionized construction laborers are being brought on board. And the Coast Guard is doing final safety checks. The ship is set to depart Rhode Island and head out to the project site about 15 miles south of Long Island by June 1, the spokesperson said. Foundation installation will start afterwards. This story has been updated with new information. This article originally appeared on The Providence Journal: Giant crane ship SSCV Thialf waits in RI waters on the way to Empire Wind
Associated Press
4 days ago
- Business
- Associated Press
Apryse Expands Global Footprint with Acquisition of TallComponents
DENVER, May 27, 2025 /PRNewswire/ - Apryse, the global leader in digital document processing technology, has acquired TallComponents, a Netherlands-based provider of .NET PDF software development kits (SDKs). This strategic move expands Apryse's global footprint, enhances its developer-focused product portfolio, and deepens the company's presence in the European market. Founded in 2001 and headquartered in Nijmegen, Netherlands, TallComponents offers robust .NET SDKs that enable developers to create, render, view, extract, and manipulate PDF documents, as well as advanced support for Dynamic XFA files. The company has earned the trust of enterprise customers across key industries, building a reputation for reliability, flexibility, and high performance in document processing. TallComponents' technology and expertise will integrate seamlessly with Apryse's existing PDF offerings, accelerating innovation across the .NET platform and strengthening support for enterprise-grade document solutions. Cassidy Smirnow, CEO of Apryse, said the acquisition reinforces the company's long-term product vision. 'This acquisition reflects our continued investment in delivering cutting-edge PDF solutions for developers across platforms,' she noted. 'TallComponents brings strong technical expertise, an established customer base, and a shared commitment to innovation that aligns naturally with our goals. We're excited to welcome their technology and team to Apryse.' Echoing that sentiment, Frank Rem, CEO of TallComponents, said joining Apryse marks an exciting new chapter for their technology and customers. 'Our team has spent over two decades refining our .NET technology,' he said. 'Together with Apryse, we'll deliver even greater value and innovation to developers around the world.' The acquisition also opens new opportunities for TallComponents' customers, who will now have access to Apryse's broader portfolio of document SDKs and solutions. Together, the combined technologies will provide enhanced capabilities and greater value to developers and enterprises worldwide. About Apryse Apryse, previously known as PDFTron, is a global leader in document processing technology that makes work better and life simpler. Apryse gives developers, enterprise customers, and small businesses the tools to reach their document goals faster and more easily. Apryse technology works with all major platforms and a wide variety of unique file types. For more information, visit About TallComponents TallComponents, founded in 2001 and based in Nijmegen, Netherlands, is a pioneer in .NET PDF technology. The company develops robust .NET libraries and SDKs that enable developers to create, manipulate, and render PDF documents with reliability and efficiency. Over more than two decades, TallComponents has built a strong reputation for delivering high-quality, enterprise-grade PDF solutions to software developers worldwide. Its focus on performance and developer experience has made it a trusted name in the .NET document technology space. View original content to download multimedia: SOURCE Apryse
