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Inspirit Capital Completes Acquisition of Kaplan Languages Group

Lastest from Businesswire - 34 min 14 sec ago
LONDON--(BUSINESS WIRE)--Inspirit Capital, a specialist investor in corporate carve-outs, and Kaplan, the global education company, have announced the completion of Inspirit’s acquisition of Kaplan Languages Group (KLG) from Kaplan. Financial terms are not being disclosed. KLG, a leading global language education platform, comprises Kaplan International Languages, Alpadia Language Schools, Azurlingua, and ESL Education. Inspirit Capital will support KLG in delivering on its ambitious growth pla

Quantum Leap Acquisition Corp Announces Pricing of $200 Million Initial Public Offering

Lastest from Businesswire - 34 min 14 sec ago
MENLO PARK, Calif.--(BUSINESS WIRE)--Quantum Leap Acquisition Corp (“Quantum Leap” or the “Company”) today announced the pricing of its initial public offering ("IPO") of 20,000,000 units at an offering price of $10.00 per unit, with each unit consisting of one Class A ordinary share and one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share of the Company at a price of $11.50 per share, subject to certain adjustments. The units are expecte

Banner Corporation to Acquire Pacific Financial Corporation

Lastest from Businesswire - 34 min 14 sec ago
WALLA WALLA, Wash. & ABERDEEN, Wash.--(BUSINESS WIRE)--Banner Corporation (“Banner”) (NASDAQ: BANR), the holding company for Banner Bank, and Pacific Financial Corporation (“Pacific Financial”) (OTCQX: PFLC), the holding company for Bank of the Pacific, today jointly announced that they have entered into a definitive merger agreement. Under the terms of the agreement, Banner will acquire Pacific Financial in an all-stock transaction, subject to the terms and conditions set forth therein. Follow

KBRA Assigns Preliminary Ratings to Aspire Mortgage Trust 2026-2 (SPIRE 2026-2)

Lastest from Businesswire - 34 min 14 sec ago
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to eight classes of mortgage-backed notes from Aspire Mortgage Trust 2026-2 (SPIRE 2026-2), a $450.6 million non-prime RMBS transaction. The underlying collateral, comprising 829 residential mortgages, is characterized by fixed-rate mortgages (FRMs) and hybrid adjustable-rate mortgages (ARMs), which make up 99.3% and 0.7% of the pool, respectively. The loans are classified as Qualified Mortgages – Safe Harbor (APOR) (QM: Safe Harbor (A

KBRA Assigns Issuer Rating to Universal Insurance Holdings and Preliminary Rating to Senior Unsecured Note Offering

Lastest from Businesswire - 34 min 14 sec ago
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a BBB issuer rating to Universal Insurance Holdings, Inc. (NYSE: UVE) and a BBB preliminary long-term credit rating (LTCR) to UVE’s proposed $100 million fixed-rate senior unsecured notes (Notes) due 2031. The Outlook for both ratings is Stable. UVE intends to use the net proceeds from the proposed offering to refinance its existing $100 million 5.625% senior unsecured notes due November 30, 2026, thereby extending UVE’s debt maturity profile to 2031, as

Hilgers Dallas Managing Partner Grant Schmidt Named Among Nation’s Top Managing Partners

Lastest from Businesswire - 34 min 14 sec ago
DALLAS--(BUSINESS WIRE)--National commercial litigation and discovery counsel law firm Hilgers PLLC is proud to announce that Grant Schmidt, the Dallas office managing partner, has been named to the 2026 Lawdragon 100 Managing Partners You Need to Know guide. This is Mr. Schmidt’s second selection to the prestigious legal guide, which debuted last year and recognizes the nation’s top law firm leaders. In introducing this year’s honorees, Lawdragon described them as “impassioned, inclusive” and

FedPoint Joins Select Group of CMMC Level 2‑Certified Organizations

Lastest from Businesswire - 34 min 14 sec ago
PORTSMOUTH, N.H.--(BUSINESS WIRE)--FedPoint announced today that it has achieved Cybersecurity Maturity Model Certification (CMMC) Level 2, demonstrating full compliance with the security requirements of NIST Special Publication 800-171 for the protection of Controlled Unclassified Information (CUI). FedPoint’s Level 2 certification places the company among a group of the nation’s most trusted, defense‑ready administrators for business services. FedPoint received its official CMMC certification

Pershing Square Announces the Closing of the Combined IPO of Pershing Square USA and Pershing Square Inc.

Lastest from Businesswire - 34 min 14 sec ago
NEW YORK--(BUSINESS WIRE)--Pershing Square USA, Ltd. (“PSUS”), an investment company managed by Pershing Square Capital Management, L.P. (“PSCM”), and Pershing Square Inc. (“PSI”), the parent company of PSCM, today announced the closing of the combined initial public offering (the “PSUS IPO”) of the common shares of beneficial interest of PSUS (the “PSUS Shares”) and the initial public offering (the “PSI IPO”, and together with the PSUS IPO, the “Combined IPO”) of the common stock of PSI (the “

Windy City Wire Expands Hiring with Sales Class of 2026

Lastest from Businesswire - 34 min 14 sec ago
BOLINGBROOK, Ill.--(BUSINESS WIRE)--Windy City Wire, a leading manufacturer and distributor of low-voltage wire and cable solutions headquartered in Bolingbrook, Illinois, announced expanded recruitment for its Sales Class of 2026, with applications now open. The company is actively reviewing candidates and extending offers on a rolling basis. The Sales Class of 2026 is a structured career development initiative designed to prepare college graduates and early-career professionals for long-term

BRW Announces Notification of Sources of Distributions

Lastest from Businesswire - 3 hours 34 min ago
NEW YORK--(BUSINESS WIRE)--Saba Capital Income & Opportunities Fund (NYSE: BRW) (the “Fund”), a registered closed-end management investment company listed on the New York Stock Exchange, is notifying shareholders, prospective shareholders, and third parties of the sources of distributions pursuant to Section 19(a) of the Investment Company Act of 1940 (the “Investment Company Act”). IMPORTANT INFORMATION REGARDING MONTHLY DISTRIBUTION Distribution Notice. Pursuant to Section 19(a) of the In

SABA Announces Notification of Sources of Distributions

Lastest from Businesswire - 3 hours 34 min ago
NEW YORK--(BUSINESS WIRE)--Saba Capital Income & Opportunities Fund II (NYSE: SABA) (the “Fund”), a registered closed-end management investment company listed on the New York Stock Exchange, is notifying shareholders, prospective shareholders, and third parties of the sources of distributions pursuant to Section 19(a) of the Investment Company Act of 1940 (the “Investment Company Act”). IMPORTANT INFORMATION REGARDING MONTHLY DISTRIBUTION Distribution Notice. Pursuant to Section 19(a) of th

MyFreeScoreNow Reaffirms Commitment to Customers, Partners and Consumer Choice

Lastest from Businesswire - 3 hours 34 min ago
SEATTLE--(BUSINESS WIRE)-- #MyFreeScoreNow--MyFreeScoreNow is continuing its legal efforts to secure the return of its customer data.

FHLB Dallas Releases 2025 Corporate Impact Report

Lastest from Businesswire - 3 hours 34 min ago
DALLAS--(BUSINESS WIRE)--The Federal Home Loan Bank of Dallas (FHLB Dallas) today announced the publication of its 2025 Corporate Impact Report, highlighting its continued role as a reliable source of liquidity and its positive impact on communities through more than $134 million distributed through its financial institution members to improve housing affordability and economic well-being. “The progress we achieved in 2025 reflects the strong partnerships we’ve built with our members and a shar

UNITE HERE Local 11: Two Women Filed Sex-Based Harassment Complaints with the Civil Rights Department Against the Long Beach Yacht Club

Lastest from Businesswire - 3 hours 34 min ago
LONG BEACH, Calif.--(BUSINESS WIRE)--Julianne Perez and Vanessa Wainer filed complaints with the California Civil Rights Department for the alleged sex-based harassment the two mothers endured while working at the Long Beach Yacht Club. Both allege that the private club failed to respond appropriately to repeated complaints of sex-based harassment, specifically against pregnant women, that took place over the course of multiple years at the private club. “I do not want anyone else at the Yacht

Flow Control Group to Receive Investment from Neuberger Private Markets

Lastest from Businesswire - 3 hours 34 min ago
NEW YORK--(BUSINESS WIRE)--Flow Control Group (“the Company” or “FCG”), a leading North American network of technical flow control and industrial automation distributors and solutions providers, today announced that KKR, the Company’s existing investor, and Neuberger Private Markets (“Neuberger”) have agreed to jointly acquire the Company. As part of this transaction, funds managed by KKR will maintain majority ownership of FCG, with Neuberger holding a significant minority interest in the Comp

SmartFinancial Approves Regular Quarterly Cash Dividend

Lastest from Businesswire - 3 hours 34 min ago
KNOXVILLE, Tenn.--(BUSINESS WIRE)--SmartFinancial, Inc. (“SmartFinancial”) (NYSE: SMBK), the parent company for SmartBank, announced that on April 30, 2026, the board of directors of SmartFinancial declared a quarterly cash dividend of $0.09 per share of SmartFinancial common stock payable on June 1, 2026, to shareholders of record as of the close of business on May 15, 2026. The $0.09 per share quarterly dividend represents a 12.5% increase over SmartFinancial’s prior quarterly dividend declar

Attorney Representing Families of Victims of Camp Mystic Flooding Reacts to Camp's Decision to Withdraw License

Lastest from Businesswire - 3 hours 34 min ago
AUSTIN, Texas--(BUSINESS WIRE)--The following is a statement from attorney Sam Taylor of The Lanier Law Firm, who represents families of those killed in the Camp Mystic flooding: “Given the serious questions that remain, and out of respect for the families of victims, we believe the decision by Camp Mystic ownership to withdraw its application for a state license is proper. The families we represent are grateful that no other Texas family will hand their daughter over to Camp Mystic this summer

AM Best Affirms Credit Ratings of Sun Life Financial Inc. and Its Subsidiaries

Lastest from Businesswire - 3 hours 34 min ago
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa” (Superior) of Sun Life Assurance Company of Canada (Sun Life) (Ontario, Canada) and Sun Life and Health Insurance Company (U.S.) (Lansing, MI). These companies are the core insurance subsidiaries of Sun Life Financial Inc. (SLF) (Ontario, Canada) [NYSE: SLF] (collectively referred to as Sun Life Group). Concurrently, AM Best ha

Customers Bank’s cubiX Wins Silver Stevie® Award for Achievement in Product Innovation at the 24th Annual American Business Awards

Lastest from Businesswire - 3 hours 34 min ago
WEST READING, Pa.--(BUSINESS WIRE)---- $CUBI #banking--Customers Bank’s cubiX Wins Silver Stevie® Award for Achievement in Product Innovation at the 24th Annual American Business Awards

First Keystone Announces First Quarter 2026 Earnings (Unaudited)

Lastest from Businesswire - 3 hours 34 min ago
BERWICK, Pa.--(BUSINESS WIRE)--First Keystone Corporation (OTCID: FKYS), parent company of First Keystone Community Bank, reported an increase in total interest income of $1,032,000 or 5.7%, as compared to the three months ended March 31, 2025. The increase was predominantly due to interest earned on increased balances of interest bearing deposits held at the Federal Reserve Bank compared to the same period in 2025. Total interest expense increased by $671,000 or 7.1% overall, mainly due to an

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