Feed aggregator

Alpine Investors Ranked #1 in 2025 HEC Paris-Dow Jones Upper Mid-Market Buyout Performance Ranking

Lastest from Businesswire - 58 min 12 sec ago
SAN FRANCISCO--(BUSINESS WIRE)--Alpine Investors is proud to announce it has been ranked #1 in the 2025 HEC Paris-Dow Jones Upper Mid-Market Buyout Performance Ranking. “It’s truly an honor to receive this recognition,” said Graham Weaver, Founder and CEO of Alpine Investors. “From the beginning, our goal has been clear: to build the best-performing private equity firm of our generation by being the best place to work for exceptional people and building enduring, purpose-driven businesses. This

AM Best Removes From Under Review With Positive Implications and Affirms Credit Ratings of Palomar Casualty and Surety Company

Lastest from Businesswire - 58 min 12 sec ago
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has removed from under review with positive implications and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Palomar Casualty and Surety Company (PCSC) (Metairie, LA). The outlook assigned to these Credit Ratings (ratings) is positive. The ratings reflect PCSC’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, limited busines

AM Best Affirms Credit Ratings of Gulf Insurance Limited

Lastest from Businesswire - 58 min 12 sec ago
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb” (Good) of Gulf Insurance Limited (Gulf) (Trinidad and Tobago). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect Gulf’s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, limited business profile and appropriate enterprise risk management. The ratings reflect Gulf’s str

AM Best Upgrades Issuer Credit Rating of First Chicago Insurance Group Members

Lastest from Businesswire - 58 min 12 sec ago
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has upgraded the Long-Term Issuer Credit Ratings (Long-Term ICRs) to “bb+” (Fair) from “bb” (Fair) and affirmed the Financial Strength Rating (FSR) of B (Fair) of First Chicago Insurance Company and United Security Insurance Company. The outlook of the Long-Term ICRs has been revised to stable from positive, while the outlook of the FSR is stable. Both companies are domiciled in Bedford Park, IL and are collectively known as First Chicago Insurance Group

AFM Capital Acquires Incodema3D to Expand Additive Manufacturing Platform

Lastest from Businesswire - 58 min 12 sec ago
INDIANAPOLIS--(BUSINESS WIRE)--AFM Capital Partners Inc (“AFM Capital”), an operationally driven private investment firm focused on control investments in middle-market companies, today announced that it has acquired a majority ownership interest in Incodema3D Holdings, Inc. (“Incodema3D” or the “Company”), a leading contract manufacturer specializing in metal additive manufacturing for mission-critical applications across Defense, Aerospace, Space, Energy, and Industrial markets. In connection

KBRA Releases Research – Mass Transit Funding Pause: A Post-2025 Shutdown Update

Lastest from Businesswire - 58 min 12 sec ago
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA releases research discussing the Trump Administration's mass transit funding pause and the implications for infrastructure investment, including examinations of four major infrastructure projects that are affected. In October 2025, the Trump Administration announced that it had paused funding for several major mass transit projects, citing a review of administrative contracting practices. In KBRA’s view, the unilateral pause in federal funding has significant imp

AM Best Affirms Credit Ratings of Cincinnati Financial Corporation and Subsidiaries

Lastest from Businesswire - 58 min 12 sec 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 the property/casualty (P/C) insurance subsidiaries of Cincinnati Financial Corporation (CFC) and The Cincinnati Life Insurance Company. Additionally, AM Best has affirmed the Long-Term ICR of “a” (Excellent) and the Long-Term Issue Credit Ratings (Long-Term IR) of CFC. The outlook of these Credit Ratings (ratings)

D.A. Davidson MCF International Acts as Financial Advisor to Shareholders of Saxdor Yachts on its Sale to Malibu Boats

Lastest from Businesswire - 58 min 12 sec ago
CHICAGO--(BUSINESS WIRE)--D.A. Davidson MCF International announced that it served as financial advisor to shareholders of Saxdor Yachts (“Saxdor”) on its sale to Malibu Boats Inc. (“Malibu”) for approximately EUR 150 million (USD $175 million). Saxdor’s shareholders may earn up to EUR 72 million (USD $84 million) in additional consideration upon achievement of certain operating and financial growth targets. Headquartered in Helsinki, Finland, Saxdor is a designer and manufacturer of premium ad

Better Announces First Conversational Credit Decision Engine in ChatGPT with OpenAI

Lastest from Businesswire - 58 min 12 sec ago
NEW YORK--(BUSINESS WIRE)---- $BETR #BETR--Better.com (NASDAQ: BETR), the leading AI-native home finance platform today announced the launch of the first conversational credit decision engine for mortgages and home equity loans in ChatGPT with OpenAI. With the new app, users can connect to Better's Tinman® engine directly in ChatGPT for decision-ready information, so lending teams can confidently approve more loans faster and pass savings back to borrowers. Through this launch, Better expands Tinman AI Platfor

Korn Ferry Board Authorizes Quarterly Dividend Increase for Sixth Consecutive Year

Lastest from Businesswire - 58 min 12 sec ago
LOS ANGELES--(BUSINESS WIRE)--Korn Ferry (NYSE:KFY), a global consulting firm, today announced its Board of Directors has approved a 15% increase in its quarterly cash dividend, raising the quarterly dividend from $0.48 per share to $0.55 per share. This dividend will be payable on April 15, 2026 to shareholders of record on March 27, 2026. This represents an indicated annual dividend of $2.20 per share. “We are pleased to announce a 15 percent per share increase to our quarterly dividend, brin

Best's Review Highlights Agent Networks, Captives

Lastest from Businesswire - 58 min 12 sec ago
OLDWICK, N.J.--(BUSINESS WIRE)--The March issue of Best’s Review examines how agents are exploring new paths to profitable distribution, along with the state of the captive sector: “Agent Networks Offer More Tools, Access” reports on how agent networks offer those who join the ability to team up for greater leverage. “Michigan Lawmakers Mull Several Bills Aimed at Attracting Captive Insurers” looks at a seven-bill legislative package that aims to make the state a more attractive domicile. “AM B

Mercurius Media Capital Adds WITHIN and Denimrush as Strategic Limited Partners

Lastest from Businesswire - 58 min 12 sec ago
REDWOOD CITY, Calif.--(BUSINESS WIRE)--Mercurius Media Capital (MMC), the first U.S.-based media-for-equity venture fund, today announced that WITHIN, a performance branding company, and Denimrush, an experiential marketing and custom merchandise agency, have joined the fund as Limited Partners. Customer acquisition costs have risen sharply across digital channels, and eighty percent of growth-stage consumer startups cite distribution and awareness as their primary scaling constraint. MMC’s mod

CHG Healthcare Appoints Ema Prince as President of CompHealth’s Permanent Placement Division, Advancing Enterprise Workforce Strategy

Lastest from Businesswire - 3 hours 58 min ago
MIDVALE, Utah--(BUSINESS WIRE)--CHG Healthcare announces that Ema Prince has been named President of CompHealth’s Permanent Placement Division, reinforcing the company’s enterprise-wide strategy to help healthcare organizations build stable, long‑term clinical workforces in the face of continued physician shortages. Prince’s appointment strengthens CHG’s ability to support clients as demand for permanent physicians outpaces supply. Prince’s appointment comes as CHG expands its role in clients’

KBRA Assigns Preliminary Ratings to PMT Loan Trust 2026-INV3 (PMTLT 2026-INV3)

Lastest from Businesswire - 3 hours 58 min ago
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 57 classes of mortgage-backed notes from PMT Loan Trust 2026-INV3 (PMTLT 2026-INV3), a prime RMBS transaction sponsored by PennyMac Corp. (PennyMac), an indirect, wholly-owned subsidiary of PennyMac Mortgage Investment Trust (PMT). PMTLT 2026-INV3 comprises 1,129 fixed-rate mortgages (FRMs) with an aggregate principal balance of $422.8 million as of the March 1, 2026 cut-off date. The underlying pool consists of agency-eligible loan

DRVN Investigation Alert: BFA Law Investigates Driven Brands after Financial Restatements Lead to Over 30% Stock Drop

Lastest from Businesswire - 3 hours 58 min ago
NEW YORK--(BUSINESS WIRE)---- $DRVN #BFA--BFA Law is investigating Driven Brands Holdings Inc. after its stock plummeted over 30% due to the need to restate its 2023-2025 financial statements.

Mitchell Silberberg & Knupp Names Greg Olaniran Office Managing Partner of Washington, D.C. Office, Advancing a Commitment to Strategic Growth

Lastest from Businesswire - 3 hours 58 min ago
WASHINGTON--(BUSINESS WIRE)--Mitchell Silberberg & Knupp (MSK) announces Greg Olaniran as the firm’s Washington, D.C. Office Managing Partner. Selected by the firm’s governing board, this leadership appointment reflects the firm’s continued commitment to thoughtful growth and strengthening its presence in one of the most important legal markets in the country. This decision aligns with the firm’s broader strategic plan to invest in leadership, enhance collaboration, and deliver meaningful v

MFS Launches MFS Blended Research Emerging Markets Equity ETF (NYSE: BREE)

Lastest from Businesswire - 3 hours 58 min ago
BOSTON--(BUSINESS WIRE)--Firm’s Ninth Actively Managed ETF Demonstrates Ongoing Commitment to Growing Active ETF Lineup

Xsolla Announces Reseller Program to Help Game Developers Unlock New Revenue Streams in Local Markets

Lastest from Businesswire - 3 hours 58 min ago
LOS ANGELES--(BUSINESS WIRE)--Xsolla, a leading global video game commerce company, today announced the Xsolla Reseller Program, a new product designed to help game developers scale and capture untapped revenue in local markets with no development needed. The program launches with a curated cohort of resellers and distributors in Southeast Asia and Latin America, with expansion into additional regions throughout 2026. As game developers pursue global growth, they face a fundamental infrastructu

Cinnaholic Brings Its 85 Franchise Locations Back to Square

Lastest from Businesswire - 3 hours 58 min ago
ATLANTA--(BUSINESS WIRE)--Cinnaholic, the plant-based gourmet cinnamon roll franchise, has found the recipe for sweet success by reengaging Square to power its nationwide operations across 85 locations. Cinnaholic grew its business on Square for twelve years, and after a year of trying another solution, the franchise has recommitted to Square's integrated commerce platform – drawn back by its proven reliability and expansive franchise capabilities. With Square as its technology partner, the bus

Fall Giving Campaign Delivers Outstanding Results for Folds of Honor

Lastest from Businesswire - 3 hours 58 min ago
SALT LAKE CITY--(BUSINESS WIRE)--Sinclair Oil (Sinclair), an HF Sinclair (NYSE: DINO) brand, is pleased to announce the results of its fall 2025 Fueling Folds of Honor campaign. For the fourth consecutive year, Sinclair dealers, distributors, and customers as well as HF Sinclair employees, stepped up to support families of fallen or disabled military and first responders. With matching contributions from HF Sinclair, this year they raised a total of $1,007,957. Since its founding nearly 20 year

Pages