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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.
Prosek Partners handles New York’s Tilray Brands, craft beer & cannabis operation, as it acquires BrewDog, a leading British independent beer producer in the UK, for $45M.
Brunswick Group handles Zurich Insurance as it agrees to buy UK-based Beazley specialty insurer in a deal valued at $11B.
FGS Global represents Brink’s as it agrees to acquire NCR Atleos, which relies on Collected Strategies, in a $6.6B cash & stock deal to create a leading fintech infrastructure company. (Updated)
A January article in O’Dwyer’s proposes that in 2026, the strongest financial brands will not simply tell compelling stories—they will “signal readiness.”
C Street Advisory Group is working the Chapter 11 filing of Axip Energy Services as it unloads its nearly all of its assets to deal with a heavy debt load.
