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Kava Equity Partners Acquires Arrowhead Contracting, Backed by Southern Ute Indian Tribe Growth Fund

Lastest from Businesswire - Thu, 10/10/2024 - 09:44
IGNACIO, Colo.--(BUSINESS WIRE)-- #arrowheadcontracting--Southern Ute Indian Tribe Growth Fund – The Southern Ute Indian Tribe Growth Fund, the business entity of the Southern Ute Indian Tribe, announced today the strategic acquisition of Arrowhead Contracting, a leading environmental remediation services provider and general contractor, by Kava Equity Partners. Founded by Curt Koutelas in 1990 and headquartered in Overland Park, Kansas, Arrowhead focuses on environmental remediation projects in addition to general co

Kian-Backed SPATCO Energy Solutions Deepens Electrical and Environmental Capabilities with Acquisitions of Hobby Electric and UST Services Corporation

Lastest from Businesswire - Thu, 10/10/2024 - 06:44
ATLANTA & CHARLOTTE, N.C.--(BUSINESS WIRE)--Kian Capital-backed SPATCO Energy Solutions (“SPATCO”), a forward-thinking infrastructure services provider of innovative turnkey solutions for petroleum, environmental and EV market segments, completed the acquisition of Hobby Electric (“Hobby”) and UST Services Corporation (“UST”). The acquisitions are the second and third completed following the closing of the single-asset continuation fund in July 2024. Hobby is a leading provider of electrical ma

EarnIn's 'Balance Shield' Helps Customers Protect Their Bank Balance Regardless of Where They Bank, Enabling Working Americans to Avoid the Surprise of Overdraft Fees

Lastest from Businesswire - Thu, 10/10/2024 - 06:44
PALO ALTO, Calif.--(BUSINESS WIRE)--EarnIn, a pioneer in on-demand pay, announced enhanced features of its Balance Shield product, which helps customers avoid the surprise of overdraft fees and late fees on bills. With new customizable low balance alerts and transfers, Balance Shield can help customers feel more secure and confident in managing their day-to-day bank balances. Today’s consumer pays on average about $35 per overdraft fee. Balance Shield provides customers a convenient way to help

Other World Computing (OWC) to Showcase Data Storage and Connectivity Solutions Ecosystem at Broadcast India 2024, Asia’s Broadcasting & Infotainment Show

Lastest from Businesswire - Thu, 10/10/2024 - 06:44
WOODSTOCK, Ill.--(BUSINESS WIRE)--Other World Computing (OWC®), a trusted leader in delivering high-performance, secure, and sustainable technology solutions that enhance and extend the life of Macs and PCs, today announced it will be exhibiting its ecosystem of data storage and connectivity solutions at Broadcast India 2024, a premier event for the broadcast, media, and entertainment industries. The event brings together global leaders in technology to showcase the latest advancements in broad

Ripple Brings Bank-grade Custody Solution to Crypto Businesses

Lastest from Businesswire - Thu, 10/10/2024 - 06:44
SAN FRANCISCO--(BUSINESS WIRE)--Today, Ripple, the leading provider of digital asset infrastructure, announced the launch of new features and functionality to Ripple Custody, bringing the benefits of its market-leading bank-grade custody technology to fintechs and crypto businesses. The latest update includes a transaction screening service integration, added hardware security module (HSM) options, an XRPL integration for tokenizing Real World Assets (RWA), pre-configured policy frameworks, and

Allianz Is the World’s #1 Insurance Brand, Ranking Among the Top 30 Global Brands for the First Time

Lastest from Businesswire - Thu, 10/10/2024 - 06:44
MUNICH--(BUSINESS WIRE)--Allianz's steady rise to the top of the world's most powerful brands continued in 2024, driven by a strong employee value proposition, a commitment to building trust through sustainability and societal leadership as well as top-tier partnerships in sport. For the first time, Allianz has been named one of the 30 most valuable brands in the world, moving up two places to the 29th position in this year’s Best Global Brands ranking from Interbrand. The global insurer with 1

Social Media Victims Law Center World Mental Health Day Lawsuit Alleges Social Media Companies Design Their Products to Be Addictive and Harmful to Children on a Global Scale

Lastest from Businesswire - Thu, 10/10/2024 - 06:44
LOS ANGELES--(BUSINESS WIRE)--The Social Media Victims Law Center (SMVLC), a legal resource for parents of children and teenage victims harmed by social media addiction and social media fueled harms, has filed a lawsuit on World Mental Health Day on behalf of 11 families in the United States and Canada whose children, ages 12 to 19, suffered physical and mental harms that could be directly attributed to their use of social media products. The lawsuit seeks to hold Meta, Inc., ByteDance Ltd., Go

Delinea Recognized as a Leader in the KuppingerCole Leadership Compass™ for Privileged Access Management (PAM) 2024

Lastest from Businesswire - Thu, 10/10/2024 - 03:44
SAN FRANCISCO--(BUSINESS WIRE)--Delinea, a pioneering provider of solutions for securing identities through centralized authorization, today announced its recognition as a Leader in the KuppingerCole Leadership Compass for Privileged Access Management (PAM), 2024. This marks another significant milestone for Delinea as it continues to lead the industry in providing secure and scalable PAM solutions that empower organizations to safeguard their most critical identities and assets. “We are honore

Aircall unveils Aircall Workspace, a dynamic and intelligent hub for customer communication and agent collaboration

Lastest from Businesswire - Thu, 10/10/2024 - 03:44
NEW YORK--(BUSINESS WIRE)--There are many milestones for Aircall to celebrate as it reaches its first decade, namely 19,000 customers, 1,500 partners, and 600 global employees. Yet the big news is future-facing, as the company announces Aircall Workspace, positioning the platform for another decade of growth. Aircall Workspace builds on the strengths of the existing platform and introduces a revamped user experience. The new hub integrates conversations across all channels (including voice and

Kyriba Enhances its AI-Driven Liquidity Performance Solutions to Boost CFOs' Financial Agility and Operational Connectivity

Lastest from Businesswire - Thu, 10/10/2024 - 03:44
PARIS--(BUSINESS WIRE)--Kyriba Enhances its AI-Driven Liquidity Performance Solutions to Boost CFOs' Financial Agility and Operational Connectivity

INSIGHT SELECT INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Insight Select Income Fund - INSI

Lastest from Businesswire - Thu, 10/10/2024 - 00:44
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Insight Select Income Fund (NYSE: INSI) to KKR Income Opportunities Fund (NYSE: KIO). Under the terms of the proposed transaction, shareholders of Insight will receive shares of KKR and may elect to receive up to 5% of the consideration in cash. KSF is seeking to determine whether this consideration and the pr

ARCADIUM LITHIUM INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Arcadium Lithium plc - ALTM

Lastest from Businesswire - Thu, 10/10/2024 - 00:44
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Arcadium Lithium plc (NYSE: ALTM) to Rio Tinto. Under the terms of the proposed transaction, shareholders of Arcadium will receive $5.85 in cash for each share of Arcadium that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the considera

Kovach Marketing Selected as Brand Ambassador, Celebrates 11 Finalists in 2024 SoCal MAME Awards

Lastest from Businesswire - Wed, 10/09/2024 - 21:44
NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Kovach Marketing, an award-winning national marketing communications firm serving the homebuilding industry for more than 30 years, was again selected by the Greater Sales & Marketing Council and Building Industry Association of Southern California (BIASC) to conceptualize, design, and launch an integrated campaign for the 2024 SoCal MAME Awards. Kovach Marketing, having been chosen again as the creative volunteer lead for this prestigious industry ev

KBRA Releases Research – KBRA-Rated CMBS, Freddie Mac, CRE CLO, and SFR Exposure to Hurricane Milton

Lastest from Businesswire - Wed, 10/09/2024 - 21:44
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA releases research on exposure in its rated universe of commercial real estate (CRE) securities and single-family rentals (SFR) to Hurricane Milton. The hurricane is forecast to make landfall tonight, just less than two weeks after Hurricane Helene hit Florida’s Gulf Coast as a Category 4 storm. Milton is heading toward Tampa and has the potential to be one of west-central Florida’s most destructive hurricanes on record. When it makes landfall, forecasters expect

AuditBoard Reveals Powerful Analytics Capabilities Now Available in the United Kingdom

Lastest from Businesswire - Wed, 10/09/2024 - 21:44
LONDON--(BUSINESS WIRE)--AuditBoard, the leading cloud-based platform transforming audit, risk, compliance, and ESG management, today launched powerful new analytics capabilities to help assurance teams in the United Kingdom automate workflows, surface key strategic insights, and stay on top of proliferating risks. AuditBoard Analytics will help customers comply with the UK Corporate Governance Code, which was updated earlier this year and goes into effect in early 2025. By proactively embracin

Redwood Trust Prices Reopening of $40 Million of 7.75% Convertible Senior Notes Due 2027

Lastest from Businesswire - Wed, 10/09/2024 - 21:44
MILL VALLEY, Calif.--(BUSINESS WIRE)--Redwood Trust, Inc. (NYSE: RWT; “Redwood” or the “Company”) today announced that it priced approximately $40 million aggregate principal amount of its 7.75% convertible senior notes due 2027 (the “Notes”) in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The Notes will be issued as a reopening of, and will be part of the same se

Ares Management Corporation Prices Offering of Senior Notes

Lastest from Businesswire - Wed, 10/09/2024 - 21:44
NEW YORK--(BUSINESS WIRE)--Ares Management Corporation (“Ares” or the “Company”) (NYSE: ARES) today announced that it has priced an offering (the “Offering”) of $750,000,000 aggregate principal amount of its 5.600% Senior Notes due 2054 (the “notes”). The notes will be fully and unconditionally guaranteed by Ares Holdings L.P., Ares Management LLC, Ares Investments Holdings LLC, Ares Finance Co. LLC, Ares Finance Co. II LLC, Ares Finance Co. III LLC and Ares Finance Co. IV LLC. The Offering is

KBRA Assigns Preliminary Ratings to Santander Drive Auto Receivables Trust 2024-S2

Lastest from Businesswire - Wed, 10/09/2024 - 18:44
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to two classes of notes issued by Santander Drive Auto Receivables Trust 2024-S2 ("SDART 2024-S2"), a re-securitization of a portion of the Class D notes (the "Underlying Class D Notes") and the entire certificate (the "Underlying Certificate") issued from the Santander Drive Auto Receivables Trust 2021-1 auto loan transaction ("SDART 2021-1" or the "Underlying Securitization Transaction"). The SDART 2024-S2 Class DX Notes are collater

Marathon Asset Management Acts as Joint Lead Arranger and Provides Senior Secured Credit Facility to Refinance Owl Cyber Defense

Lastest from Businesswire - Wed, 10/09/2024 - 18:44
NEW YORK--(BUSINESS WIRE)--Marathon Asset Management (“Marathon”), a leading global credit manager with more than $23 billion of assets under management, is pleased to announce the closing of a senior-secured credit facility to refinance Owl Cyber Defense (the “Company”), a portfolio company of DC Capital Partners. Owl Cyber Defense is a leading provider of Cross Domain Solutions (CDS) and Data Diode technology, primarily to U.S. Department of Defense and Intelligence Community customers. Its p

Blackstone Secured Lending Fund Prices Public Offering of $400.0 million 5.350% Unsecured Notes due 2028

Lastest from Businesswire - Wed, 10/09/2024 - 18:44
NEW YORK--(BUSINESS WIRE)--Blackstone Secured Lending Fund (NYSE:BXSL) (“BXSL” or the “Company”) announced today that it has priced an underwritten public offering of $400.0 million in aggregate principal amount of 5.350% notes due 2028. The notes will mature on April 13, 2028 and may be redeemed in whole or in part at BXSL’s option at the applicable redemption price. The Company expects to use the net proceeds from this offering for general corporate purposes, which may include, among other th

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