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Hibu, an H.I.G. Capital Portfolio Company, Completes Acquisition of RevLocal

Lastest from Businesswire - Tue, 08/27/2024 - 12:12
MIAMI--(BUSINESS WIRE)-- #Acquisition--Hibu, an H.I.G. Capital portfolio company, has acquired RevLocal, a trusted digital marketing partner to SMBs and multi-location brands.

Advantage Capital Finances Affordable Housing Development in Connection with Virginia HOTC, Historic Rehabilitation Programs

Lastest from Businesswire - Tue, 08/27/2024 - 12:12
WINCHESTER, Va.--(BUSINESS WIRE)--Advantage Capital announced the financial closing of The ZeroPak, a family-focused affordable housing development in Winchester, VA.

KBRA Releases Research – Private Credit: Khoros’ Potential Default Sprinkled Across Private Credit

Lastest from Businesswire - Tue, 08/27/2024 - 12:12
NEW YORK--(BUSINESS WIRE)-- 'creditratingagency'--KBRA releases research on the potential default of Khoros, LLC (Khoros, formerly known as Lithium Technologies, LLC) and its effects on KBRA-rated transactions and the wider private credit market. It was recently reported that Goldman Sachs BDC lowered its fair value (FV) mark on Khoros’ first lien loan to 50, from 92.5. This markdown was preceded by earlier action from Sixth Street Specialty Lending Corp, which similarly lowered the FV on the loan to 76.8, from 91.3.

Paycom’s GONE named Top HR Product of 2024

Lastest from Businesswire - Tue, 08/27/2024 - 12:12
OKLAHOMA CITY--(BUSINESS WIRE)--Paycom Software, Inc. (NYSE: PAYC) (“Paycom”), a leading provider of comprehensive, cloud-based human capital management software, was named a 2024 Top HR Product for its automated time-off request tool GONE® by Human Resource Executive magazine. “Paycom continues to bring enhanced solution automation to the market, delivering even stronger ROI, value and functionality for our clients across the globe,” said Chad Richison, Paycom founder, CEO and chairman. “GONE

Leading Consulting Firm Succession Resource Group Releases 2024 Mid-Year Advisor Acquisition Update

Lastest from Businesswire - Tue, 08/27/2024 - 12:12
PORTLAND, Ore.--(BUSINESS WIRE)--Succession Resource Group, Inc. (SRG) released its mid-year update on advisor mergers and acquisition activity for Q1/Q2 of 2024, highlighting significant trends for those engaged in buying, selling, and succession planning. The findings, which cover the first half of the year, reflects the impact of both a looming election and the high-interest rate environment on the M&A market, with a notable decrease in all-cash deals and a short-term shift away from thi

Gateway Financial Partners Establishes Partnership with Wealth.com

Lastest from Businesswire - Tue, 08/27/2024 - 09:12
GLASTONBURY, Conn.--(BUSINESS WIRE)-- #EstatePlanning--Gateway Financial Partners (“Gateway”), a rapidly growing hybrid registered independent advisory (RIA) firm, today announced a strategic partnership with wealth.com, the industry’s leading estate-planning platform. This collaboration equips Gateway advisors with advanced, tech-driven estate planning tools, enabling them to serve clients more comprehensively and efficiently. Through this partnership, Gateway’s advisors gain access to wealth.com’s sophisticate

Best’s Special Report: IFRS 17 Adds Complexity to Reinsurers’ Financial Statements; Overall Profitability Not Expected to Change Materially

Lastest from Businesswire - Tue, 08/27/2024 - 09:12
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--A key ongoing shift in financial reporting to the International Financial Reporting Standards (IFRS) 17 is underway, representing a significant accounting change that has necessitated segmentation of performance analysis in the reinsurance market, according to a new AM Best report. The Best’s Special Report, “IFRS 17 — Economic View Adds Complexity to Reinsurers’ Financial Statements,” is part of AM Best’s look at the global reinsurance industry ahead of the Rend

Nepsis® Continues Recruitment Momentum with Appointment of New VP of Accounting and Advisory Services

Lastest from Businesswire - Tue, 08/27/2024 - 09:12
MINNEAPOLIS--(BUSINESS WIRE)-- #FinancialAdvice--Nepsis, Inc. (“Nepsis”), a national financial advisor and investment management firm, today announces the appointment of Kelly Nanasy as its new vice president of accounting and advisory services. In this role, Nanasy will work closely with Nepsis Tax Solutions’ business owner clients to optimize their accounting and financial planning efforts. Nanasy will assume oversight of Nepsis' Accounting and Advisory Services division, which provides chief financial officer

Snap Finance Mobile App Reaches 500K Downloads

Lastest from Businesswire - Tue, 08/27/2024 - 09:12
SALT LAKE CITY--(BUSINESS WIRE)--Snap Finance, a leading provider of innovative and flexible pay-over-time financing solutions, announced that 500,000 customers have downloaded their Snap Finance mobile app, reaching this significant milestone in just a year of launching the app. “Snap Finance is focused on providing a frictionless financing experience for those with credit challenges,” said Matt Hawkins, Founder and Chief Executive Officer at Snap Finance. “Our customers love the ease, conveni

G2 Risk Solutions Unveils Revolutionary, Single-platform Solution for Seamlessly Integrating Merchant Risk Management

Lastest from Businesswire - Tue, 08/27/2024 - 09:12
BURLINGAME, Calif.--(BUSINESS WIRE)-- #AI--G2 Risk Solutions (G2RS), the global leader in risk and compliance business intelligence, today celebrates the release of the API version of its cornerstone product, advancing its vision to simplify and optimize merchant risk management for acquiring banks and payments facilitators. Global Onboarding, an AI-powered merchant onboarding solution, helps users safely onboard new merchants quickly with highly accurate predictive risk assessments. One solution to

Alembic Continues Executive Leadership Development With Gregory Kennedy as VP Marketing to Drive Leadership in Marketing Analytics

Lastest from Businesswire - Tue, 08/27/2024 - 09:12
SAN FRANCISCO--(BUSINESS WIRE)--Alembic, the leading AI-powered marketing analytics platform for enterprises, today announced the appointment of Gregory Kennedy as vice president of marketing. Kennedy will lead marketing to drive awareness of the Alembic brand and product to support sales and customer acquisition and help the company achieve its potential for growth. The strategic appointment of Kennedy is the latest in a series of important events contributing to Alembic’s momentum this year.

Supio Emerges from Stealth with $25 Million Series A Investment to Empower Personal Injury and Mass Tort Plaintiff Law Firms with AI

Lastest from Businesswire - Tue, 08/27/2024 - 09:12
SEATTLE--(BUSINESS WIRE)--Supio, a purpose-built AI platform trusted by personal injury and mass tort plaintiff law firms to provide crucial insights at the most critical moments in their case, emerged today from stealth and announced an oversubscribed $25 million Series A led by Sapphire Ventures, with participation from existing investors Bonfire Ventures and Foothill Ventures. The new investment brings Supio’s total funding to date to $33 million. Supio serves the personal injury and mass to

Payouts Network Appoints Jeffery D. Johnson as Chief Revenue Officer

Lastest from Businesswire - Tue, 08/27/2024 - 09:12
BOZEMAN, Mont.--(BUSINESS WIRE)-- #B2CPayments--Payouts Network names Jeffery D. Johnson as Chief Revenue Officer to drive growth and enhance B2C payment solutions across key industries.

Fleet Pivots to Providing a Modern Commuter Benefits Management Platform to Businesses, Brings Total Investment to $5 Million

Lastest from Businesswire - Tue, 08/27/2024 - 09:12
SAN FRANCISCO--(BUSINESS WIRE)--Fleet, a modern commuter benefits management platform, has announced the close of its $2.5 million seed round led by Congruent Ventures with the participation of Great Oaks Venture Capital, Plug and Play Ventures, Rally Cap, and Virta Ventures. Fleet also brought on a strong bench of angels and advisors, with leaders in HR and fintech, including former execs at Robinhood and Brex, such as ex-COO Michael Tannenbaum. The seed round brings Fleet’s total venture capi

GoTo Releases New and Expanded Integrations Across Its IT Solutions Suite

Lastest from Businesswire - Tue, 08/27/2024 - 09:12
BOSTON--(BUSINESS WIRE)--GoTo, the company making IT management, support, and business communications easy, today announced a series of new integrations across its IT management and support product portfolio. The latest integrations for GoTo Resolve, LogMeIn Rescue, LogMeIn Central, and Miradore make it easier than ever for IT and support teams to provide remote support and endpoint management from within their existing technology ecosystem – streamlining workflows, resolving problems, and crea

Erno Laszlo Taps Cart.com as Its Omnichannel Growth Marketing Partner

Lastest from Businesswire - Tue, 08/27/2024 - 09:12
HOUSTON--(BUSINESS WIRE)--Cart.com today announced that luxury skincare brand Erno Laszlo has selected Cart.com to power its omnichannel growth marketing strategy.

Katara Raises $2.6 Million in Combined Pre-seed and Seed Funding Rounds to Power DevX Teams with its Agentic Workflow Automation Platform

Lastest from Businesswire - Tue, 08/27/2024 - 09:12
DOVER, Del.--(BUSINESS WIRE)--Katara, the AI-agent workflow automation platform, has announced a successful $2.2 million seed funding round co-led by Diagram Ventures and Sparkle Ventures, with participation from StreamingFast and other strategic angels. This brings the total amount raised to $2.6 million inclusive of the pre-seed round. The Diagram-incubated AI company will use the funding to further propel development of its AI-agent marketplace, allowing clients to deploy and combine autonom

Plocamium Holdings Identifies Value Creation Opportunities in Southeast Asia’s High-Growth Markets

Lastest from Businesswire - Tue, 08/27/2024 - 09:12
NEW YORK--(BUSINESS WIRE)-- #duediligence--Plocamium Holdings, a premier investment and financial services firm, has released an in-depth analysis spotlighting the dynamic private equity opportunities in Southeast Asia, with a particular focus on Vietnam, Thailand, and the Philippines. This research underscores the region's potential as a pivotal area for strategic investments driven by robust economic expansion, favorable governmental frameworks, and emerging market trends. “Private equity activity in Southea

ezCater’s Annual Report Shows Growing Influence of Employer-Provided Meals in Recruiting and Retention

Lastest from Businesswire - Tue, 08/27/2024 - 09:12
BOSTON--(BUSINESS WIRE)--ezCater, the leading food for work technology company in the US, today released its annual report, "Food for Work 2024: The Growing Role of Food in Today's Workplace." Featuring insights from more than 2,800 employees, employers, food orderers and decision-makers, the report highlights the impact of workplace meals and their ability to drive employee satisfaction, retention, and productivity. According to the report, nearly 90% of employees surveyed have a more favorabl

PayJunction Expands Payment Capabilities with Text to Pay

Lastest from Businesswire - Tue, 08/27/2024 - 09:12
SANTA BARBARA, Calif.--(BUSINESS WIRE)--PayJunction, a leading tech-focused payments company, announced today it has added Text to Pay capabilities to its No-code Payments Integration®, Virtual Terminal, and API. The new feature enables businesses to seamlessly and securely implement Text to Pay into current invoicing workflows, enabling them to accept customer payments via SMS Message. This helps businesses better meet customer expectations while improving collection rates, contributing to ove

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