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Berkshire Partners Managing Directors Jon Nuger and EJ Whelan Named to GrowthCap’s Top Software Investors of 2024

Tue, 10/01/2024 - 09:38
BOSTON--(BUSINESS WIRE)--Berkshire Partners is pleased to announce that Managing Directors Jon Nuger and EJ Whelan have been named to GrowthCap’s Top Software Investors of 2024 list. Individuals for this year’s list were based on each nominee’s investment experience and detailed feedback from relevant portfolio company CEOs. “At Berkshire Partners, we strongly believe in the power of teamwork and deep collaboration with our portfolio companies, which we see as essential for shaping our investme

YUPRO Placement Launches Free Job Board Focused on Skills Over Degrees

Tue, 10/01/2024 - 09:38
BOSTON--(BUSINESS WIRE)-- #FutureofWork--YUPRO Placement Offers Free Job Board Emphasizing Skills, Not College Degrees

BlackRock Completes Acquisition of Global Infrastructure Partners

Tue, 10/01/2024 - 09:38
NEW YORK--(BUSINESS WIRE)--BlackRock, Inc. (NYSE: BLK) and Global Infrastructure Partners (“GIP”) announce the successful completion of BlackRock’s acquisition of GIP. The combination creates an industry leader in infrastructure across equity, debt and solutions – providing a diverse range of infrastructure sector expertise and exposure across developed and emerging markets. The combined infrastructure platform will be branded Global Infrastructure Partners (GIP), a part of BlackRock. GIP will

Waverly Advisors Acquires CenterPoint Wealth Management

Tue, 10/01/2024 - 09:38
BIRMINGHAM, Ala.--(BUSINESS WIRE)--The acquisition of CenterPoint marks Waverly’s 16th transaction and increases the firm’s AUM to approximately $13.2 billion.

New Capabilities in MicroStrategy ONE Help Enterprises Strengthen GenAI Reliability, Accessibility, and Explainability for Faster, More Accurate Decision-Making

Tue, 10/01/2024 - 09:38
TYSONS CORNER, Va.--(BUSINESS WIRE)--MicroStrategy® Incorporated (Nasdaq: MSTR), a pioneer in AI-powered business intelligence, today announced the latest release of MicroStrategy ONE®, the fully cloud-native AI/BI platform that’s trusted by the world’s leading brands to solve their toughest data challenges. The new release marks the one-year anniversary of MicroStrategy AI™. Over the last 12 months, MicroStrategy has innovated in close collaboration with customers to address many of the challe

American Express and Boost Payment Solutions Bring Optimized Virtual Card Payments to Suppliers

Tue, 10/01/2024 - 09:38
NEW YORK--(BUSINESS WIRE)--As part of its ongoing investment in its B2B (business-to-business) network and in enhancing buyer and supplier capabilities, American Express (NYSE: AXP) today announced a new offering by Boost Payment Solutions, a global leader in B2B payments, to provide commercial virtual Card processing services to U.S. merchants who accept American Express. Qualified American Express merchants will now have access to Boost Intercept®, Boost’s patented Straight-Through Processing

Propel Software Amplifies Efficiency & Data Sharing with Secure, Streamlined Business Collaboration

Tue, 10/01/2024 - 09:38
SANTA CLARA, Calif.--(BUSINESS WIRE)-- #propelpvm--Propel Software, creator of the first product value management (PVM) platform, today announced its second major software release of 2024, transforming how businesses create, market, sell, and service products. Improving data flow for mission-critical and frequently-performed functions like customer communication, supplier collaboration, and product commercialization, these enhancements streamline business processes with a unified source of product truth. “P

Gantry Expands Midwest Footprint With Acquisition of Triad Capital Advisors

Tue, 10/01/2024 - 09:38
SAN FRANCISCO--(BUSINESS WIRE)-- #commercialmortgage--Gantry, Inc. (Gantry), a leading full-service commercial mortgage banking firm. has acquired Q10 | Triad Capital Advisors, Inc. (Triad Capital Advisors), a member of Q10 Capital, LLC. This strategic combination significantly enhances Gantry's capabilities, adding core correspondent-driven production and expanding its servicing portfolio by over $1.5 billion. With this acquisition, Gantry's servicing portfolio grows to $20 billion. Mark Reichter and Joe Monteleone

ZenBusiness Research Uncovers Gen X’s Entrepreneurial Spirit: 45% See Business Ownership as a Path to Retirement Stability

Tue, 10/01/2024 - 09:38
AUSTIN, Texas--(BUSINESS WIRE)--Unlike previous generations, Gen X is approaching retirement with a more proactive and entrepreneurial mindset. Nearly 40% are likely to start or have already started a business, not just as a way to fund their retirement but as a means to redefine it, according to new research1 from ZenBusiness®, a company that provides an easy, all-in-one platform and trusted guidance for small business owners to start and run a successful business. The report, which gathered i

Illinois HIV Care Connect’s Women and HIV Campaign Focuses on Often-Overlooked Group

Tue, 10/01/2024 - 09:38
SPRINGFIELD, Ill.--(BUSINESS WIRE)-- #GTZIL--To help women prevent and live healthy with HIV, Illinois HIV Care Connect today introduces its Women and HIV Campaign.

TowerBrook Capital Partners Announces Exit of Its Minority Investment in Battea-Class Action Services

Tue, 10/01/2024 - 09:38
NEW YORK--(BUSINESS WIRE)--Today TowerBrook Capital Partners L.P. (“TowerBrook), the New York and London-based international investment firm, announced the exit of its minority investment in Battea-Class Action Services (“Battea”), a provider of securities claims management services, as part of the sale of Battea to SS&C Technologies Holdings, Inc. Battea-Class Action Services is a major global player and expert in all stages of filing and processing settlement claims in connection with ant

NYLI Mackay DefinedTerm Municipal Opportunities Fund Declares Monthly Dividend Distributions for October 2024

Tue, 10/01/2024 - 09:38
NEW YORK--(BUSINESS WIRE)--NYLI MacKay DefinedTerm Municipal Opportunities Fund (the “Fund”) (NYSE:MMD) today announced monthly dividend distributions of $0.06 per common share for the month of October 2024. This amount is consistent with the Fund’s July, August, and September 2024 dividend distribution, which was also $0.06 per common share. Portfolio and municipal market commentary will be published on or around October 1, 2024 and can be retrieved here. Dividend Distribution Schedule: Month

FluentStream Announces Extensive CRM Integrations

Tue, 10/01/2024 - 09:38
DENVER--(BUSINESS WIRE)--FluentStream today announced a significant leap forward in cloud communications for small and midsize organizations. The company has unveiled an impressive array of new CRM integrations, seamlessly connecting its Unified Communications as a Service (UCaaS) platform with industry-leading CRM systems like Salesforce, HubSpot, Zoho and over 100 additional platforms. This integration provides FluentStream customers with real-time data synchronization, enabling automatic pop

Fundamental Interactions Unveils SaaS Trading Platform with Automated Overnight Equities Quoting for Market Makers

Tue, 10/01/2024 - 09:38
NEW YORK--(BUSINESS WIRE)--Fundamental Interactions Inc., a leading provider of advanced trading technology solutions, is excited to announce the release of its upgraded trading system specifically designed for Market Maker firms. The platform now features automated quoting for overnight trading sessions, running from Sunday through Thursday, 8 PM to 4 AM ET. This enhancement ensures that Market Makers maintain an active presence even when their Order Management System (OMS) is offline. The sys

Quantum Health Partners With Embold Health to Incorporate Its Provider Search and Advanced Analytics Solutions Into Quantum Health’s Navigation Platform

Tue, 10/01/2024 - 09:38
DUBLIN, Ohio--(BUSINESS WIRE)--Quantum Health, the leading consumer healthcare navigation and care coordination company, announced today that its Care Finder™ provider search tool now leverages Embold Health’s industry-leading, comprehensive physician-level quality, cost and network performance capabilities. According to the Business Group on Health’s 2024 Large Employer Survey, 87% of large employers agree that improved cost transparency and navigation to higher-quality providers and sites of

Zip Unveils New Ad Campaign with WNBA Superstar Kelsey Plum

Tue, 10/01/2024 - 09:38
NEW YORK--(BUSINESS WIRE)--Zip Unveils New Ad Campaign with WNBA Superstar Kelsey Plum

CareerVillage and New Relic Transform EdTech with AI-Powered Career Coaching

Tue, 10/01/2024 - 09:38
SAN FRANCISCO--(BUSINESS WIRE)-- #careervillage--New Relic, the intelligent observability platform, announced that CareerVillage, an edtech nonprofit organization revolutionizing career advice by crowdsourcing expertise, has standardized its observability practice on New Relic. Known for hosting the world’s largest career advising community, CareerVillage depends on New Relic to drive innovation, scale, and enhance user experience as they serve a growing user base of over seven million users. New Relic: The bac

Petra Funds Group Builds Out Business Development Team With Strategic Hires

Tue, 10/01/2024 - 09:38
NEW YORK--(BUSINESS WIRE)--Petra Funds Group (“Petra”), a leading independent private funds administrator, today announced the expansion of its Business Development team with two key hires. Richard Harris joins Petra as Managing Director and Head of Business Development, where he will lead the team’s efforts to deliver best-in-class solutions to more private markets firms. John Manning has also joined the firm as Senior Director of Business Development to support Petra’s continued growth. Richa

American Financial Group, Inc. Declares Quarterly Dividend

Tue, 10/01/2024 - 09:38
CINCINNATI--(BUSINESS WIRE)--American Financial Group, Inc. (NYSE: AFG) announced that it has declared a regular dividend of $0.80 per share of American Financial Group Common Stock. The dividend is payable on October 25, 2024, to holders of record on October 15, 2024. This dividend reflects a previously announced 12.7% increase over the annual rate in effect since the fourth quarter of 2023. About American Financial Group, Inc. American Financial Group is an insurance holding company, based in

Atar Capital Announces Affiliate Solero Technologies’ Acquisition of Kendrion’s Automotive Business

Tue, 10/01/2024 - 09:38
LOS ANGELES--(BUSINESS WIRE)--Atar Capital, a Los Angeles-based global private investment firm, today announced its affiliate Solero Technologies’ successful acquisition of Kendrion’s (KENDR.AS) automotive business in the United States and Europe. The sale netted at an enterprise value of $67.1 million. The revenues of the divested activities amounted to $231 million with an EBITDA contribution of $23.1 million USD. Solero Technologies is a global supplier of controls offering a comprehensive r

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