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Westwood Financial Secures $70 Million in Debt Capital

Lastest from Businesswire - Mon, 11/11/2024 - 12:07
LOS ANGELES--(BUSINESS WIRE)--Westwood Financial, a more than 50-year-old leading retail real estate investment firm based in Los Angeles, today announced it has closed on a $70 million term loan upsize to the firm’s unsecured credit facility. The upsize of Westwood Financial’s credit facility will enable the firm to significantly progress on its path to become an unsecured borrower. KeyBanc served as the agent and Capital One as the co-lead for the newly raised debt, which is a five-year term

Section hosts Salesforce CEO & AI leaders from Moderna and S&P Global in free virtual conference

Lastest from Businesswire - Mon, 11/11/2024 - 12:07
NEW YORK--(BUSINESS WIRE)--Section, the business school for the age of AI, is hosting a free virtual full-day conference this week focused on the business of AI – and how to find and realize ROI from AI investments. Session speakers include Salesforce CEO, Marc Benioff, and the heads of AI from Moderna, S&P Global, and ServiceNow – who will share their wins and lessons from deploying AI in their products and workforces. CEOs from AI companies Writer, Filtered, and AI consultancy Machine &am

Hero Digital’s Outstanding Customer Experience Work Wins Multiple eHealthcare Leadership Awards

Lastest from Businesswire - Mon, 11/11/2024 - 12:07
CHICAGO--(BUSINESS WIRE)--Hero Digital, a premier digital customer experience agency, announced that it won multiple eHealthcare Leadership Awards for its progressive design, development, and creative work with its client partners—UNC Health and Atlantic Health System. The eHealthcare Leadership Awards recognize outstanding health websites and digital initiatives, highlighting the role of digital communications in achieving healthcare organizations’ business objectives. At an awards presentatio

Oyster’s Specialized Global Employment Platform Attracts New Funding From ServiceNow Ventures

Lastest from Businesswire - Mon, 11/11/2024 - 12:07
Remote-First Company/SAN FRANCISCO--(BUSINESS WIRE)-- #HR--Oyster®, the global employment solution to employ, pay, and care for distributed teams, secured new financing from ServiceNow Ventures. This funding follows Oyster’s recent Series D round, which valued the company at $1.2B, and brings total capital raised to $291M. ServiceNow is the latest enterprise software leader to join the roster of investors that believe in Oyster’s mission to make global hiring as easy as local hiring—alongside HR Tech

Criterion Real Estate Capital Adds Industry Veterans Adam Matos and Ben Milde to Leadership Team

Lastest from Businesswire - Mon, 11/11/2024 - 12:07
NEW YORK--(BUSINESS WIRE)--Criterion Real Estate Capital (“Criterion”), an experienced real estate investment manager, today announced the hirings of Adam Matos as Managing Director and Ben Milde as Chief Operating Officer. These strategic appointments add proven institutional real estate debt and equity capital markets and investment expertise to the firm’s leadership team as it gears up for accelerated growth. Criterion is also pleased to announce that Brett Kantor, who has been with the firm

NYSE American to Commence Delisting Proceedings Against Regional Health Properties, Inc. (RHE)

Lastest from Businesswire - Mon, 11/11/2024 - 12:07
NEW YORK--(BUSINESS WIRE)--NYSE American LLC (“NYSE American” or the “Exchange”) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the two securities enumerated below (“Securities”) of Regional Health Properties, Inc. (the “Company”) from the Exchange. Symbol Description RHE Common Stock, no par value RHE-PA Series A Redeemable Preferred Shares, no par value NYSE Regulation has determined that the Company is no longer suitable for listing pursuan

MERGE and Wilton Brands Partner to Launch New Branding and Advertising Campaign

Lastest from Businesswire - Mon, 11/11/2024 - 12:07
CHICAGO--(BUSINESS WIRE)--MERGE, an integrated technology and marketing services provider, is bringing the art of creating, sharing and joy of baking and decorating to life with the first advertising campaign for Wilton. Wilton, a leader in baking and decorating, debuted its bold new advertising campaign entitled “The Wonderful World of Wilton” today, marking a significant milestone in the brand’s ongoing evolution. "Wilton prides itself on being more than a brand; we celebrate and foster a pas

Engine Capital Cautions Dye & Durham’s Board Against Further Entrenchment Tactics

Lastest from Businesswire - Mon, 11/11/2024 - 12:07
NEW YORK--(BUSINESS WIRE)--Engine Capital LP (together with its affiliates, "Engine" or "we"), which owns approximately 7.1% of the issued and outstanding common shares of Dye & Durham Limited (TSX: DND) ("Dye & Durham" or the "Company"), today issued the following statement regarding the Board of Directors’ (the “Board”) recent efforts to entrench itself and disenfranchise shareholders, including by raising frivolous concerns about Engine’s director nomination notice as a potential pre

Morgan Stanley Capital Partners Agrees to Sell Sila Services

Lastest from Businesswire - Mon, 11/11/2024 - 12:07
NEW YORK--(BUSINESS WIRE)--Investment funds managed by Morgan Stanley Capital Partners (“MSCP”) today announced they have entered an agreement for the sale of Sila Services (“Sila” or the “Company”) to the Private Equity business at Goldman Sachs Alternatives (“Goldman Sachs”). As part of the transaction, Sila management will continue to lead the Company and retain a significant minority stake. Financial details of the transaction were not disclosed. Headquartered in King of Prussia, Pennsylvan

Worthington Steel Earns 2025 Military Friendly® Employer Designation

Lastest from Businesswire - Mon, 11/11/2024 - 12:07
COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel, Inc., (NYSE: WS) announced today that it has earned the 2025 Military Friendly® Employer designation by VIQTORY.

Sila Services Announces Equity Investment From Goldman Sachs Alternatives’ Private Equity Business

Lastest from Businesswire - Mon, 11/11/2024 - 09:07
KING OF PRUSSIA, Pa.--(BUSINESS WIRE)--Sila Services (“Sila”), a leading provider of HVAC, plumbing and electrical services, today announced that the Private Equity business at Goldman Sachs Alternatives (“Goldman Sachs”) will acquire a majority stake in the company from affiliates of Morgan Stanley Capital Partners (“MSCP”), subject to obtaining customary regulatory approvals. As part of the transaction, Sila management will continue to lead the Company and retain a significant minority stake.

Godspeed Capital Closes $675 Million Fund III at Hard Cap

Lastest from Businesswire - Mon, 11/11/2024 - 09:07
WASHINGTON--(BUSINESS WIRE)--Godspeed Capital Management LP (“Godspeed Capital”, or the “Firm”), a lower middle-market Defense & Government services, solutions, and technology focused private equity firm, today announced the successful final close of Godspeed Capital Fund III LP (together with its affiliated vehicles, “Fund III”) with $675 million of total investor capital commitments at the fund’s hard cap. In combination with the Firm’s predecessor funds, Godspeed Capital has to date rais

U.S. Compliance Acquires Hellman & Associates, Inc.

Lastest from Businesswire - Mon, 11/11/2024 - 09:07
EXCELSIOR, Minn.--(BUSINESS WIRE)--U.S. Compliance (USC), a national provider of environmental, health and safety (EHS) services, announced today that it has acquired Hellman & Associates, Inc., a regional leader in EHS consulting based in the Denver, CO area. The acquisition of a Colorado-based market leader equips USC with a launching pad for continued growth throughout the Rocky Mountain region. USC, a platform company backed by Susquehanna Growth Equity (SGE), an entrepreneur-centric gr

FCLTGlobal Appoints Eduard van Gelderen as Head of Research

Lastest from Businesswire - Mon, 11/11/2024 - 09:07
BOSTON--(BUSINESS WIRE)--FCLTGlobal, a non-profit organization that advocates for a longer-term focus in business and investment decision-making, announced today that it has appointed Eduard van Gelderen as Head of Research, effective 15 December 2024. In this role, van Gelderen will shape FCLTGlobal’s long-term research agenda and define its goals, work with members and staff to advance that agenda, and produce research and communications that extend the organization’s reach and impact. van Ge

Lumix Advertising to Introduce a New-Wave of Marketing in Miami this December

Lastest from Businesswire - Mon, 11/11/2024 - 09:07
MIAMI--(BUSINESS WIRE)--Lumix Advertising, INC., a cutting-edge leader in Digital Out-of-Home (DOOH) advertising, is transforming urban landscapes with its innovative scooter-based digital billboards. Launching December 2, 2024 throughout various neighborhoods in Miami, Lumix Advertising offers an entirely new medium for advertisers to reach audiences where they live, work, and play. Designed for a world increasingly on the go, the company's unique approach combines dynamic ad technology with m

Verint Announces Participation in Four Upcoming Investor Events

Lastest from Businesswire - Mon, 11/11/2024 - 09:07
MELVILLE, N.Y.--(BUSINESS WIRE)--Verint® (NASDAQ: VRNT) today announced its participation in four upcoming investor events. November 14th and 15th: Oppenheimer AI Impact on Cloud and Communications Summit November 21st: Needham & Company 14th Annual SaaS 1x1 Conference December 12th: Barclays 22nd Annual Global Technology Conference January 8th: 6th Annual Evercore ISI ‘Off to a Running Start’ Virtual Bus Tour Please reach out to your sales representative at these firms with any questions a

Roth CH Acquisition V Co. Announces Effectiveness of Registration Statement for Proposed Business Combination with New Era Helium Corp.

Lastest from Businesswire - Mon, 11/11/2024 - 09:07
NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Roth CH Acquisition V Co. Announces Effectiveness of Registration Statement for Proposed Business Combination with New Era Helium Corp.

Wedbush Securities Expands East Coast Presence with the McCall Connelly Group

Lastest from Businesswire - Mon, 11/11/2024 - 09:07
RADNOR, Pa.--(BUSINESS WIRE)-- #NewHires--Wedbush Securities, a global independent financial services firm, proudly announces the continued expansion of our mainline Philadelphia office with the addition of the McCall Connelly Group. The founding members include Mike McCall, who will join as Senior Vice President, Investments and take on the role of Market Manager in the Mid-Atlantic and Northeast, and Mike Connelly, who will be joining as Vice President, Investments. This strategic partnership highlights

Semrush Holdings, Inc. to Participate in Upcoming Investor Conferences

Lastest from Businesswire - Mon, 11/11/2024 - 09:07
BOSTON--(BUSINESS WIRE)--Semrush Holdings, Inc. (NYSE: SEMR), a leading online visibility management SaaS platform, announced today that management will present or host one-on-one investor meetings at the following investor conferences: 2024 RBC Capital Markets Global Technology, Internet, Media and Telecommunications Conference Date: Tuesday, November 19th, 2024 Location: New York, NY Presentation: 8:45 a.m. ET 14th Annual Needham Virtual SaaS 1x1 Conference Date: Thursday, November 21st, 2024

Top Telecommunications Company Reports $10.5 Million Annual Savings from Verint AI-Powered Voice Self-Service

Lastest from Businesswire - Mon, 11/11/2024 - 09:07
MELVILLE, N.Y.--(BUSINESS WIRE)-- #AI--Verint® (NASDAQ: VRNT), The CX Automation Company™, today announced that a top telecommunications company reported annual savings of more than $10.5 million by using the Verint Intelligent Virtual Assistant (IVA) to power their contact center telephony self-service. The company replaced their old telephony-driven IVR technology with Verint AI-powered IVA to deliver tangible business outcomes, including improving its self-service containment rate and elevating th

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