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Award-Winning Revenue Management Software, Diamo, Launches as an Independent Force
NEW YORK--(BUSINESS WIRE)--Today, Life House, the independent hotel management company, announced the spin-out of its software business unit into a new independent business, Diamo. This strategic move allows both companies to reinforce their respective core missions. Life House will strengthen its commitment to delivering local, personalized hospitality experiences while maintaining a strong emphasis on financial returns. Whereas Diamo will intensify its efforts in leveraging technology to make
Cvent Expands its Field Marketing Product Suite with Strategic Acquisition of Splash
TYSONS, Va.--(BUSINESS WIRE)-- #MarTech--Cvent acquires event marketing technology company, Splash
The Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of Super Micro Computer, Inc. (SMCI) Investors
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of Super Micro Computer, Inc. (SMCI) Investors
Mayfield Returns to EIR Roots with $100M AI Garage Builder Initiative
MENLO PARK, Calif.--(BUSINESS WIRE)--Mayfield, a top-tier early-stage venture capital firm, announced today AI Garage, a $100 million initiative aimed at ideation-stage founders building AI teammates as digital companions. The firm has identified teammates as a $6 trillion* opportunity that ushers in the era of Collaborative Intelligence, where humans partner with AI to revolutionize the way we work and live. AI Garage is a unique early-stage effort that draws on the firm’s 40 year track record
American Water Announces the Publication of its Supplier Diversity 2023 Economic Impact Report
CAMDEN, N.J.--(BUSINESS WIRE)--American Water (NYSE: AWK), the largest regulated water and wastewater utility company in the U.S., today announced that its Supplier Diversity team has published its annual Economic Impact report for 2023. The report highlights the economic benefits of American Water's 2023 contracts and purchases from small and diverse businesses, which are critical contributors to delivering the best products carrying the most significant value in a diverse marketplace. “Americ
Kirby McInerney LLP Announces the Filing of a Securities Class Action on Behalf of Super Micro Computer, Inc. (SMCI) Investors
NEW YORK--(BUSINESS WIRE)-- #Investigation--The law firm of Kirby McInerney LLP announces that a class action lawsuit has been filed in the U.S. District Court for the Northern District of California on behalf of those who acquired Super Micro Computer, Inc. (“Super Micro Computer” or the “Company”) (NASDAQ: SMCI) securities during the period of February 2, 2021 to August 28, 2024, inclusive (“the Class Period”). Investors have until October 29, 2024 to apply to the Court to be appointed as lead plaintiff in th
Kirby McInerney LLP Announces Investigation of Shareholder Claims Against Elastic N.V. (ESTC)
NEW YORK--(BUSINESS WIRE)---- $ESTC--The law firm of Kirby McInerney LLP is investigating potential claims against Elastic N.V. (“Elastic” or the “Company”) (NYSE: ESTC). The investigation concerns whether Elastic and/or certain of its officers have violated the federal securities laws and/or engaged in other unlawful business practices. [Click here to learn more about the investigation] On August 29, 2024, Elastic announced its financial results for its first quarter ended July 31, 2024, and revised ann
LICT Corporation Continues Shareholder Designated Charitable Contribution Program
RYE, N.Y.--(BUSINESS WIRE)--The Board of Directors of LICT Corporation (OTC Pink: LICT) is privileged to announce that it will continue its Shareholder Charitable Contribution Program for all registered shareholders. All registered shareholders will be eligible to designate charities to which the company will make a donation of $100 per share on behalf of the shareholder. Warren Buffett had a similar program at Berkshire Hathaway from 1981 to 2003. In addition, GAMCO Investors, Inc., and Associ
DoubleVerify Receives ISO 27701:2019 Certification, Reinforcing Commitment to Privacy and Security
NEW YORK--(BUSINESS WIRE)--DoubleVerify ("DV") (NYSE: DV), the leading software platform for digital media measurement, data and analytics, today announced that it has achieved ISO 27701 certification, the first international privacy standard to provide a certification path for organizations to demonstrate their privacy systems and controls. This certification extends DV’s existing ISO 27001 certification awarded in October 2022. This achievement underscores DV’s commitment to being a trusted p
The Agency’s CEO Mauricio Umansky to Launch the First Live Coaching Network for Real Estate Professionals
LOS ANGELES--(BUSINESS WIRE)--Mauricio Umansky, founder and CEO of the international, billion-dollar brokerage The Agency, author of “The Dealmaker” and executive producer and star of the Netflix hit series “Buying Beverly Hills,” announces the launch of the first interactive network focused on real estate entrepreneurship. “The Mauricio Umansky Network” will allow real estate professionals (and those looking to venture into it) to get unique and unprecedented access to mentorship, coaching, an
FINRA Campaign Urges New Investors to Take Key Steps Before Trading
WASHINGTON--(BUSINESS WIRE)--FINRA has launched an online advertising campaign, Get Your Head in the Trade, encouraging new investors to understand investment risks and rewards as well as their own financial goals and risk tolerance before making an investment decision. “Millions of investors enter the market each year, about half of them are self-directed, and many are using social media as a primary source of information. FINRA is expanding our outreach to meet investors where they are and pr
William Blair Continues Investment Banking Growth With Financial Services Managing Director
CHICAGO--(BUSINESS WIRE)--William Blair, the premier global boutique with expertise in investment banking, investment management, and private wealth management, today announced the addition of Derek Smith as managing director to the firm’s Financial Services practice in Chicago. He will focus on merger-and-acquisition and capital-raising transactions for public and private companies in the insurance industry. “I’m excited to welcome Derek to our Financial Services team, deepening our bench of c
Pricefx Introduces Composable AI Optimization at Accelerate 2024
MUNICH & CHICAGO--(BUSINESS WIRE)-- #AI--Pricefx, the global leader in cloud pricing software, today announced PricingAI, encompassing a full range of AI technologies, from industry-leading generative AI for intuitive insight discovery, to modular and customizable optimization for rapid activation. This composable AI optimization is built on Pricefx’s scalable cloud workbench which is the foundation for modular science “bricks” that provide configurations which are productized into high-impact use ca
Wingspire Equipment Finance Completes Inaugural Equipment ABS Issuance
TUSTIN, Calif.--(BUSINESS WIRE)--Wingspire Equipment Finance, a large-ticket equipment finance company, announced the successful completion of its inaugural asset-backed securitization (ABS), WEF 2024-1. The transaction raised $201 million and was the first inaugural large-ticket equipment ABS to receive ratings from a major rating agency. The transaction included five classes of notes, with the uppermost classes receiving the highest achievable ratings of F1+/K1+ and AAA from Fitch Ratings and
For Immediate Sale: Development Specialists, Inc. (“DSI”) is marketing for sale the assets of Cogent Healthcare of Jacksonville, LLC (“Cogent”)
JACKSONVILLE, Fla.--(BUSINESS WIRE)-- #Doctors--Development Specialists, Inc.: Company Snapshot: Cogent is a medical staffing organization and hospital physician services organization providing services at over a dozen locations in Duval and Broward counties. Cogent services ten different specialties and is affiliated with numerous hospitals and providers in Northern and Southern Florida. Opportunity Overview: On July 19, 2024, Cogent commenced an Assignment for the Benefit of Creditors in Broward County,
Riemer & Braunstein Expands Tax Credit/Community Development Finance Team with the Hiring of Simon Levenson
BOSTON--(BUSINESS WIRE)-- #riemerlaw--Riemer & Braunstein LLP, a law firm specializing in the representation of financial institutions, life insurance companies, and debt funds in real estate and commercial transactions, announced that Simon Levenson has joined the firm as an associate in the firm’s Tax Credit/Community Development Finance group, a national leader in this practice area. Simon will be working with the team led by Jeff Gaulin, Patrick Cronin, and John Kelley. Simon graduated cum laude fro
Federman & Sherwood Investigates Lamont Hanley & Associates, Inc. (“LH”) for Data Breach
OKLAHOMA CITY--(BUSINESS WIRE)-- #FedermanSherwood--Federman & Sherwood Investigates Lamont Hanley & Associates, Inc. (“LH”) for Data Breach
Rotunda Capital Partners Invests in Lehman Pipe and Supply, Inc.
BETHESDA, Md. & EVANSTON, Ill.--(BUSINESS WIRE)-- #PVF--Rotunda Capital Partners (“Rotunda”) has invested in Lehman Pipe and Supply, Inc. (“Lehman” or “the Company”), in partnership with existing management. Founded in 1946 and headquartered in Miami, FL, Lehman is a distributor of industrial pipe, valves and fittings (PVF), and ancillary products to commercial HVAC and plumbing contractors in South and Southwest Florida, Caribbean, and Latin American markets. Operating out of a 100k square foot facil
CIBC Innovation Banking Provides Growth Capital Financing to threatER
NEW YORK--(BUSINESS WIRE)--CIBC Innovation Banking announced today that it has provided a growth capital financing facility to threatER, a cyber defense category leader focused on eliminating cyber threats before they reach the network. This growth capital will support threatER’s scale-up as they strive to help medium-sized businesses and enterprises, especially in financial services, healthcare and legal, protect their business from cyberattacks and increasingly sophisticated digital bad actor
Hospitality Giant Revolutionizes Frontline Worker Experience with UKG
LOWELL, Mass. & WESTON, Fla.--(BUSINESS WIRE)--Aimbridge Hospitality creates gig-like experiences for its U.S. employees with flexible scheduling options in UKG.