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Griffon Corporation Enters Agreement to Form Joint Venture for AMES Australasia

Lastest from Businesswire - 2 hours 56 min ago
NEW YORK--(BUSINESS WIRE)--Griffon Corporation (NYSE: GFF) (the “Company” or “Griffon”) today announced it has entered into a definitive agreement to sell its AMES Australasia business to a joint venture it is forming with an investment group led by the management of AMES Australasia with support from Australian financial investors. Under the terms of the agreement, Griffon will receive $185 million at closing and $50 million in a subordinated note in the joint venture. Griffon will hold a 49%

Octus Signs Definitive Agreement to Acquire LevPro, Advancing Vision for a Market-Leading, Vertically Integrated Platform for CLO and Private Credit Managers

Lastest from Businesswire - 2 hours 56 min ago
NEW YORK--(BUSINESS WIRE)--OctusⓇ, the essential credit intelligence platform trusted by the world's leading financial, legal and advisory firms, today announced a definitive agreement to acquire LevPro, which upon closing will join Sky Road to create the most comprehensive and vertically integrated AI-powered portfolio management and trading solution available to CLO and private credit managers globally. "Credit managers have always faced the same fundamental challenge: The intelligence and da

Pagaya Builds on Multi-Year Partnership with Upgrade to Expand Point-of-Sale Loans

Lastest from Businesswire - 2 hours 56 min ago
NEW YORK--(BUSINESS WIRE)--Pagaya Technologies Ltd. (NASDAQ: PGY) (“Pagaya”), a global technology company delivering AI-driven product solutions for the financial ecosystem, today announced an expansion of its long-term partnership with Upgrade, Inc., a financial technology company providing affordable and responsible credit, mobile banking and payment products to mainstream consumers. The expansion brings Pagaya’s AI-driven credit decisioning to Flex Pay, Upgrade’s Buy Now, Pay Later (BNPL) so

Cerus Corporation Closes New Debt Facility of Up to $110 Million

Lastest from Businesswire - 2 hours 56 min ago
CONCORD, Calif.--(BUSINESS WIRE)--Cerus Corporation (Nasdaq: CERS) announced today the closing of a new debt facility with MidCap Financial (MidCap), providing up to $110 million. The facility consists of a 5-year term loan and an asset-backed revolving loan. The refinancing is expected to reduce annual cash interest expense by up to $3.5 million, reflecting lower borrowing costs and an approximately $30 million reduction in outstanding term loan balance. Initial proceeds from the loan, togethe

DigitalBridge Expands Leadership Team with Appointments of Brent Mayo and Nicholas Beatty

Lastest from Businesswire - 2 hours 56 min ago
BOCA RATON, Fla.--(BUSINESS WIRE)-- #digitalbridge--DigitalBridge Group, Inc. (NYSE: DBRG) (“DigitalBridge” or the “Company”), a leading global alternative asset manager dedicated to investing in digital infrastructure, today announced the appointments of Brent Mayo as Managing Director, Investment Management focused on Data Centers, and Nicholas Beatty as Operating Partner focused on electrification and energy transition. The two appointments reflect DigitalBridge’s accelerating focus on the convergence of dig

ICE Data Indices Granted Recognition by ESMA Under EU Benchmarks Regulation

Lastest from Businesswire - 2 hours 56 min ago
ATLANTA & NEW YORK--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE:ICE), one of the world’s leading providers of financial market technology and data powering global capital markets, today announced that the European Securities and Markets Authority (ESMA) has granted recognition to ICE Data Indices (IDI) as a third country benchmark administrator under Article 32 of the EU Benchmarks Regulation (EU BMR). This important recognition decision means that the 100 Climate Transition and Pari

Hunter Point Capital Raises $4.3 Billion Across GP Financing Solutions Strategies

Lastest from Businesswire - 2 hours 56 min ago
NEW YORK--(BUSINESS WIRE)--Hunter Point Capital (“HPC”), an independent investment firm providing strategic capital and partnership solutions to alternative asset managers, today announced the final closes of the inaugural vintages of its NAV Lending and Preferred Solutions strategies, with total commitments of $4.3 billion. Both strategies, which together comprise the firm’s GP Financing Solutions (“GPFS”) platform, exceeded their targets, bringing HPC’s total assets under management and commi

Adams Outdoor Advertising Expands Michigan Footprint with Key Locations Outdoor Acquisition

Lastest from Businesswire - 2 hours 56 min ago
LANSING, Mich.--(BUSINESS WIRE)-- #AdTech--Adams Outdoor Advertising acquires 20 billboards from Key Locations Outdoor, expanding Midwest reach and entering Michigan’s Upper Peninsula.

Cloud Range Wins 2026 Fortress Cybersecurity Award for Cyber Range and AI Validation Platform

Lastest from Businesswire - 2 hours 56 min ago
NASHVILLE, Tenn.--(BUSINESS WIRE)--Cloud Range today announced it has won the 2026 Fortress Cybersecurity Award for its Cyber Range and AI Validation Platform. Presented by the Business Intelligence Group, the award recognizes organizations, products, and leaders delivering measurable results in digital defense. Cloud Range’s advanced cyber range platform enables organizations to test, measure, and improve cyber defense performance across both human teams and agentic AI within a contained, emul

Global Industrial to Showcase Workplace Safety Solutions at ASSP Safety 2026

Lastest from Businesswire - 2 hours 56 min ago
PORT WASHINGTON, N.Y.--(BUSINESS WIRE)---- $GIC #ASSPSafety2026--Global Industrial (NYSE: GIC) will showcase practical workplace safety solutions at ASSP Safety 2026, Booth #4519, June 15–17.

MediStreams Expands Reconciliation Solution Suite with New Ledger, Advanced Reporting, and Intelligent Matching Capabilities

Lastest from Businesswire - 2 hours 56 min ago
ATLANTA--(BUSINESS WIRE)-- #RCM--MediStreams unveils new Reconciliation features to help healthcare organizations improve visibility and ensure all payments are accounted for.

Hannover Re US Appoints Dr. Elena Strunk as Vice President, Medical Director

Lastest from Businesswire - 2 hours 56 min ago
ORLANDO, Fla.--(BUSINESS WIRE)--Hannover Life Reassurance Company of America (“Hannover Re US”) is pleased to announce the appointment of Dr. Elena Strunk as Vice President, Medical Director, effective today. In this role, Dr. Strunk will advance Hannover Re’s underwriting innovation and digital transformation initiatives, lead efforts to modernize medical assessment practices to better reflect evolving medical knowledge, and strengthen the company’s medical oversight and governance capabilitie

AvalonBay Communities and Equity Residential Announce Leadership Team for Combined Company

Lastest from Businesswire - 2 hours 56 min ago
CHICAGO & ARLINGTON, Va.--(BUSINESS WIRE)--Equity Residential (NYSE: EQR) and AvalonBay Communities, Inc. (NYSE: AVB) today announced the executive leadership team that will lead the combined company following the closing of the previously announced merger of equals, expected in the second half of 2026. "This leadership team brings unmatched expertise, complementary strengths, and a collective drive to create one of the country’s great real estate companies. We are excited to take the next step

Blackhawk Network (BHN) Research Finds Gift Card Momentum Building as Consumers Adopt Defensive Spending Strategies

Lastest from Businesswire - 2 hours 56 min ago
PLEASANTON, Calif.--(BUSINESS WIRE)--Blackhawk Network (BHN), a global leader in branded payments, today released new U.S. findings from its annual global gifting research study showing how consumers are adopting defensive spending behaviors to manage budgets, bolster spending power and navigate continued financial pressures. The research found that the number of consumers planning to purchase gift cards for self-use as part of a spending strategy nearly doubled year over year, rising from 31%

FIS Builds Alliance with Fuse to Give Auto and Equipment Lenders a Faster Path to Modern Origination

Lastest from Businesswire - 2 hours 56 min ago
JACKSONVILLE, Fla.--(BUSINESS WIRE)--Auto lenders are losing deals to faster competitors because their systems can't keep up and legacy loan origination platforms are largely to blame. To address this, global financial technology leader FIS® and Fuse, a cloud-native lending solutions provider, have announced a strategic alliance to give auto and equipment lenders across the United States and Canada a next-generation loan and lease origination platform, built to modernize origination and help le

USAA Broadens National Effort to Help Military Families Navigate Rising Costs

Lastest from Businesswire - 2 hours 56 min ago
SAN ANTONIO--(BUSINESS WIRE)--As rising costs put pressure on household budgets, USAA is expanding a countrywide effort to help military families build financial resilience through a combination of targeted insurance rate reductions, member dividends, safe-driving discounts and banking benefits designed to deliver meaningful financial relief to military families.The actions are part of USAA’s continued focus on helping members navigate cost-of-living pressures and unexpected events—from severe w

Valvoline Instant Oil Change® Introduces The Ride Wrangler℠ to Remind Drivers to Change Wisely℠

Lastest from Businesswire - 2 hours 56 min ago
LEXINGTON, Ky.--(BUSINESS WIRE)--Valvoline Instant Oil Change is setting out to redefine the quick oil change category with the launch of “The Ride Wrangler,” a new integrated brand campaign developed in partnership with creative agency 3Headed Monster. At a time when many quick service brands compete on speed, discounts, and pressure tactics, Valvoline Instant Oil Change is positioning itself as the smart choice for drivers looking for trusted expertise and confidence in their vehicle care dec

Estancia Capital Management, LLC Announces Final Close of Estancia Capital Partners Fund III, LP, its Largest Fund to Date

Lastest from Businesswire - 2 hours 56 min ago
SCOTTSDALE, Ariz. & PHILADELPHIA--(BUSINESS WIRE)--Estancia Capital Management (“Estancia”), a specialist private equity firm investing in lower middle-market financial services companies, today announced the successful final closing for its third buyout fund, Estancia Capital Partners Fund III, L.P. and its affiliated investment vehicles (“ECP III”). ECP III secured $367 million in commitments with a target of $350 million. With this closing, Estancia’s regulatory assets under management are a

Carlyle Completes Acquisition of Majority Stake in MAI Capital Management

Lastest from Businesswire - 2 hours 56 min ago
CLEVELAND--(BUSINESS WIRE)--Carlyle will support MAI's growth, including investments in technology and strategic acquisitions, while maintaining the firm’s leadership team.

First Walker & Dunlop Affordable Bridge Capital Transaction With Pretium Closes

Lastest from Businesswire - 2 hours 56 min ago
BETHESDA, Md.--(BUSINESS WIRE)--Walker & Dunlop and Pretium announced today that they have closed their first bridge loan with Walker & Dunlop Affordable Bridge Capital.

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