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Permira Completes Acquisition of Squarespace

Lastest from Businesswire - Thu, 10/17/2024 - 09:50
NEW YORK--(BUSINESS WIRE)--Permira, the global investment firm, today announced the completion of its funds’ acquisition of Squarespace, Inc. (the “Company”) in an all-cash transaction that valued the Company at an aggregated transaction value of approximately $7.2 billion. With the completion of the acquisition, Squarespace is no longer listed on the New York Stock Exchange. As part of the transaction, Squarespace Founder & CEO Anthony Casalena rolled over a substantial majority of his exi

CS Disco Announces Susan Garcia as General Counsel, Chief Compliance Officer

Lastest from Businesswire - Thu, 10/17/2024 - 09:50
AUSTIN, Texas--(BUSINESS WIRE)--DISCO (NYSE: LAW), a leader in AI-enabled legal technology, today announced that Susan Garcia has joined the company as General Counsel and Chief Compliance Officer, effective October 14, 2024. “As a leader in legal technology, DISCO sits at a critical intersection of innovation, regulation, data privacy and security. Susan combines a forward-thinking orientation with a demonstrated background in commercial software and risk management that will continue to posit

Riverbed Survey: While Financial Services Are Ahead of the AI Curve, Data Concerns and Gaps Are Impacting AI’s Full Potential

Lastest from Businesswire - Thu, 10/17/2024 - 09:50
REDWOOD CITY, Calif.--(BUSINESS WIRE)--Riverbed Global AI & Digital Experience Survey provides Financial Services sector insights on AI now and into the future.

Cass Information Systems Reports Third Quarter 2024 Results

Lastest from Businesswire - Thu, 10/17/2024 - 09:50
ST. LOUIS--(BUSINESS WIRE)--Cass Information Systems, Inc. (Nasdaq: CASS), (the Company or Cass) reported third quarter 2024 earnings of $0.21 per diluted share, as compared to $0.54 in the third quarter of 2023 and $0.32 in the second quarter of 2024. Net income for the period was $2.9 million, as compared to $7.4 million in the third quarter of 2023 and $4.5 million in the second quarter of 2024. Net income and earnings per diluted share were negatively impacted by $6.6 million of bad debt ex

Vonage Launches Intelligent Workspace to Deliver a Next-Gen Contact Centre Experience

Lastest from Businesswire - Thu, 10/17/2024 - 09:50
HOLMDEL, N.J.--(BUSINESS WIRE)--Vonage, a global leader in cloud communications helping businesses accelerate their digital transformation and a part of Ericsson (NASDAQ: ERIC), has launched Vonage Contact Center (VCC) Intelligent Workspace, an AI-powered new agent experience built directly into its award-winning contact centre solution. VCC Intelligent Workspace is designed to enable seamless communication with customers over their channels of choice, without leaving the agent feeling overwhel

BTIG Adds Christopher Boffi to Consumer Investment Banking Team

Lastest from Businesswire - Thu, 10/17/2024 - 09:50
NEW YORK--(BUSINESS WIRE)--BTIG announced today that Christopher Boffi has joined the firm as a Managing Director within its Consumer Investment Banking group. Mr. Boffi will be based in New York and will focus on M&A, strategic and capital markets advisory for our consumer and retail clients. “Chris’s extensive background and deep understanding of the consumer and retail sectors make him a great addition to the team,” said Jon Dever, Head of BTIG Investment Banking. “We are confident that

Ambac Subsidiary Beat Capital Partners Launches Fallow Grove Insurance Services with A+ Rated Capacity, Specializing in Commercial Middle Market Property

Lastest from Businesswire - Thu, 10/17/2024 - 09:50
CHARLOTTE, N.C.--(BUSINESS WIRE)--Ambac Subsidiary Beat Capital Partners Launches Fallow Grove Insurance Services

Zuora Enters into Definitive Agreement to be Acquired by Silver Lake and GIC For $1.7 Billion

Lastest from Businesswire - Thu, 10/17/2024 - 09:50
REDWOOD CITY, Calif.--(BUSINESS WIRE)--Zuora, Inc. (NYSE: ZUO), a leading monetization suite for modern business, today announced that it has entered into a definitive agreement to be acquired by Silver Lake, the global leader in technology investing, in partnership with an affiliate of GIC Pte. Ltd. (“GIC”), in a transaction valued at $1.7 billion. Upon completion of the transaction, Zuora will become a privately held company. Under the terms of the agreement, Silver Lake and GIC will acquire

Global Payments to Report Third Quarter Results on October 30, 2024

Lastest from Businesswire - Thu, 10/17/2024 - 09:50
ATLANTA--(BUSINESS WIRE)-- #globalpayments--Global Payments Inc. (NYSE: GPN) will release third quarter 2024 financial results before the market opens on Wednesday, October 30, 2024.

North American Institutional Investors Maintain Long-term Mindset Amidst Uncertainty and Prioritize Private Markets Investments, Schroders Survey Finds

Lastest from Businesswire - Thu, 10/17/2024 - 09:50
NEW YORK--(BUSINESS WIRE)--Global asset manager Schroders today released the North American findings of its Global Investor Insights Survey.

Pagaya, Citi, Jefferies, and Milken Institute at Money20/20: How Embedded Payments, AI, and Private Credit are Reshaping Consumer Lending

Lastest from Businesswire - Thu, 10/17/2024 - 09:50
NEW YORK--(BUSINESS WIRE)--Pagaya CEO Gal Krubiner will moderate a rich discussion with Citi Retail Services' Head of Connected Commerce and Strategic Growth Terry O’Neil, Jefferies Global Investment Banking Co-Head Andrea Lee, and Milken Institute Fintech Director Nicole Valentine on stage at the Money20/20 conference in Las Vegas on Tuesday, October 29 at 10:05 AM local time. A convergence of factors including the rapid evolution of AI, widespread deployment of embedded payment products, and

Marsh McLennan Reports Third Quarter 2024 Results

Lastest from Businesswire - Thu, 10/17/2024 - 06:50
NEW YORK--(BUSINESS WIRE)--Marsh McLennan (NYSE: MMC), a global leader in risk, strategy and people, today reported financial results for the third quarter ended September 30, 2024. John Doyle, President and CEO, said: "This was a milestone quarter for Marsh McLennan as we delivered strong results and announced the acquisition of McGriff Insurance Services. Our performance demonstrated continued momentum, with 5% underlying revenue growth, 110 basis points of margin expansion and adjusted EPS g

Chimera Investment Corporation (NYSE: CIM) (“Chimera”) Announces Definitive Agreement to Acquire Palisades Group

Lastest from Businesswire - Thu, 10/17/2024 - 06:50
NEW YORK--(BUSINESS WIRE)--Chimera Investment Corporation (NYSE: CIM) (“Chimera”) today announced that it has entered into a definitive agreement to acquire Palisades Group (“Palisades”), a U.S.-based alternative asset manager specializing in residential real estate credit. Founded in 2012, Palisades manages and invests in residential real estate assets across a broad spectrum of credit products. Upon closing, Jack Macdowell, Jr., co-founder and Chief Investment Officer of Palisades, will becom

Global Blue Announces Date For Q2 and H1 FY2024/25 Financial Results

Lastest from Businesswire - Thu, 10/17/2024 - 06:50
SIGNY, Switzerland--(BUSINESS WIRE)--On November 22, 2024, before the market opens, Global Blue Group Holding AG (NYSE: GB and GB.WS) will release its financial results on Form 6-K for the fiscal year 2024/25 second quarter and half year period ended September 30, 2024. The financial results will include Management’s Discussion and Analysis of the Financial Position and Results of Operations in addition to the accompanying Consolidated Financial Statements and Notes, press release and investor

ACHC INVESTOR NOTICE: Robbins Geller Rudman & Dowd LLP Announces that Acadia Healthcare Company, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

Lastest from Businesswire - Thu, 10/17/2024 - 06:50
SAN DIEGO--(BUSINESS WIRE)--The suit alleges defendants issued false statements re: Acadia Healthcare business and prospects, resulting in its stock trading at inflated prices.

Commerce Bancshares, Inc. Reports Third Quarter Earnings Per Share of $1.07

Lastest from Businesswire - Thu, 10/17/2024 - 06:50
KANSAS CITY, Mo.--(BUSINESS WIRE)--Commerce Bancshares, Inc. announced earnings of $1.07 per share for the three months ended September 30, 2024, compared to $.92 per share in the same quarter last year and $1.07 per share in the second quarter of 2024. Net income for the third quarter of 2024 amounted to $138.0 million, compared to $120.6 million in the third quarter of 2023 and $139.6 million in the prior quarter. For the nine months ended September 30, 2024, earnings per share totaled $3.00,

Monroe Capital Supports the Growth of Izzio Artisan Bakery

Lastest from Businesswire - Thu, 10/17/2024 - 06:50
CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the growth of Izzio Artisan Bakery. Founded in 1994 and based in Louisville, CO, Izzio Artisan Bakery is a family-owned wholesale bakery that produces traditional sourdough breads. The customer base primarily consists of U.S. grocery store chains. Izzio Artisan Bakery is recognized by end consumers and store purchasers fo

ACI Worldwide, Inc. to Release Financial Results for the Quarter Ended September 30, 2024

Lastest from Businesswire - Thu, 10/17/2024 - 06:50
OMAHA, Neb.--(BUSINESS WIRE)--ACI Worldwide (NASDAQ: ACIW), a global leader in mission-critical, real-time payments software, announced today that it will report its financial results for the third quarter 2024 on Thursday, November 7, 2024. Management will host a conference call at 8:30 a.m. Eastern time to discuss these results. Interested persons may access a real-time teleconference webcast at http://investor.aciworldwide.com/ or use the following number for dial-in participation: toll-free

WNS Announces Fiscal 2025 Second Quarter Earnings, Revises Full Year Guidance

Lastest from Businesswire - Thu, 10/17/2024 - 06:50
NEW YORK & LONDON & MUMBAI, India--(BUSINESS WIRE)---- $WNS #Adjustednetincome--WNS, a digital-led business transformation and services partner, today announced results for the fiscal 2025 second quarter ended September 30, 2024.

Hercules Capital Announces Date for Release of Third Quarter 2024 Financial Results and Conference Call

Lastest from Businesswire - Thu, 10/17/2024 - 06:50
SAN MATEO, Calif.--(BUSINESS WIRE)--Hercules Capital, Inc. (NYSE: HTGC) (“Hercules” or the “Company”), the largest and leading specialty financing provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, today announced that it has scheduled its third quarter 2024 financial results conference call for Wednesday, October 30, 2024, at 2:00 p.m. PT (5:00 p.m. ET). Hercules will release its fin

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