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ICR Inc. handles iLearningEngines as the AI-powered corporate and educational learning systems goes public via a $1.4B SPAC deal with Arrowroot Acquisition Corp.
Founded in 2010, iLearningEngines chalked up $309M in 2022 revenues, which was up 42 percent over the year earlier period.
The Bethesda-based company has a dozen core verticals, including oil & gas, healthcare, industrial and insurance sectors.
“As an early pioneer in enterprise AI and its application in learning and process automation, we believe iLearningEngines is in a category of one—owning a unique space with first mover advantage and significant moats built around specialized learning and engagement subsets,” said founder/CEO Harish Chidambaran.
iLearningEngines, which has offices in Dubai, Australia and India, will trade on the NASDAQ.
ICR’s Kevin Hunt works the investment community for iLearningEngines, while Kevin McLaughlin handles the media.
C Street Advisory Group is handling the Chapter 11 filing of LIV Golf following the move by Saudi Arabia’s Public Investment Fund to pull the financial plug on the League. (Updated)
Teneo handles Bamboo Insurance Services as the Midvale, UT-based marketer of homeowner policies files a Form S-1 statement with the SEC for an initial public offering.
FTI Consulting handles West Marine as the nation’s leading retailer of marine parts and accessories for boating, fishing and sailing enthusiasts emerges from Chapter 11 bankruptcy.
Throughline Global Advisors represents Principal Mineral as it acquires Conductive Group, manufacturer of advanced materials for the aerospace, telecommunications and electronics sectors.
Trump Media & Technology Group posted a $238M Q2 loss on $1.7M in revenues. That performance compares to a $20M loss and $883K revenues in the 2025 comparable quarter.
