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DecisionRx Announces $100 Million Credit Facility with Carlyle

Thu, 01/11/2024 - 08:51
INDIANAPOLIS--(BUSINESS WIRE)--DecisionRx, Inc., a value-based healthcare company reducing the cost of care by helping physicians eliminate medication failure, today announced that it has entered into a $100 million credit facility with global investment firm Carlyle. The financing will support the cost-bearing that is key to DecisionRx’s unique business model: DecisionRx can assume the full cost of delivering Medication Therapy Optimization to patients of Accountable Care Organizations, Medica

Capital District WERC (Woman’s’ Employment & Resource Center) Receives Funds From National Bank of Coxsackie

Thu, 01/11/2024 - 08:51
LATHAM, N.Y.--(BUSINESS WIRE)--The National Bank of Coxsackie (“NBC”) presented the Capital District WERC (Woman’s’ Employment & Resource Center) with a donation in support of their mission to advance women’s success in the workplace by building their economic and personal independence. The funds were secured through the Federal Home Loan Bank of New York Small Business Recovery Grant Program. NBC is a member of the Federal Home Loan Bank of New York and applied for the funds made available

FIS Drives New Value as Sell-Side and Buy-Side Client Needs Converge

Thu, 01/11/2024 - 08:51
JACKSONVILLE, Fla.--(BUSINESS WIRE)--FIS® (NYSE: FIS), a global leader in financial technology, today announced that it has expanded its sell-side solutions to new buy-side clients. As buy-side clients face pressures to find new revenue streams, reduce risk, drive operational efficiency, and deliver new value for their customers, FIS is giving these firms new capabilities via its sell-side solutions. One way FIS is supporting these clients’ needs is with its Cleared Derivatives (CD) platform, w

Evercore Wealth Management Names Sean Brady Managing Director, Wealth and Fiduciary Advisor

Thu, 01/11/2024 - 08:51
NEW YORK--(BUSINESS WIRE)--Evercore Wealth Management today announced the appointment of Sean Brady to Managing Director, Wealth and Fiduciary Advisor. Mr. Brady is based in New York City and will work directly with ultra-high-net-worth client families, foundations and endowments, delivering comprehensive strategic wealth planning and fiduciary services. Mr. Brady joins Evercore from Clarfeld Citizens Private Wealth, where he worked for 14 years as a senior advisor to ultra-high-net-worth famil

The Visualize Group and TPG Form Strategic Partnership

Thu, 01/11/2024 - 08:51
SAN FRANCISCO & FORT WORTH, Texas & NEW YORK--(BUSINESS WIRE)--TPG, a global alternative asset management firm, and The Visualize Group (“Visualize”), a next-generation investment firm founded by C. C. Melvin Ike to pursue public and private market transactions, today announced that they have entered into a strategic partnership. TPG, which is investing through TPG NEXT and will serve as a significant anchor investor in Visualize’s private equity strategy, joins a strong roster of investors tha

The RMR Group Announces Quarterly Dividend on Common Shares

Thu, 01/11/2024 - 08:51
NEWTON, Mass.--(BUSINESS WIRE)--The RMR Group Inc. (Nasdaq: RMR) today announced a regular quarterly cash distribution on its shares of Class A Common Stock and Class B-1 Common Stock of $0.40 per share ($1.60 per share per year). This distribution will be paid to RMR’s shareholders of record as of the close of business on January 22, 2024 and distributed on or about February 15, 2024. About The RMR Group The RMR Group is a leading U.S. alternative asset management company, unique for its focus

White Oak Commercial Finance Provides $10M Senior Factoring Facility to Leading Worker Management Software Company

Thu, 01/11/2024 - 08:51
NEW YORK--(BUSINESS WIRE)--White Oak Commercial Finance (“WOCF”), an affiliate of White Oak Global Advisors, announced that it has provided a $10M senior factoring facility to a leading worker management software company. The facility will be used for working capital to help the company expand on the heels of its own successful equity raise. “With access to liquidity still a paramount business concern across sectors, WOCF is able to provide flexible financing solutions to leading companies acro

FICO Brings Analytics Challenge to Delaware State University to Empower the Next Generation of Data Scientists

Thu, 01/11/2024 - 08:51
BOZEMAN, Mont.--(BUSINESS WIRE)---- $FICO--Global analytics software leader FICO is expanding its FICO® Educational Analytics Challenge to students at Delaware State University, the third Historically Black College and University (HBCU) to adopt the program. This semester’s Analytics Challenge at Delaware State focuses on identifying and mitigating bias in data and decision models using a historical lending data. The FICO® Educational Analytics Challenge was created to amplify diversity, equity and inclu

REX Shares and Tuttle Capital Management Expand T-REX Single-Stock ETF Suite with Apple, Alphabet, and Microsoft Offerings

Thu, 01/11/2024 - 08:51
MIAMI--(BUSINESS WIRE)--REX Shares (“REX”) in collaboration with Tuttle Capital Management (“TCM”), today adds three new products to the T-REX Single-Stock ETF suite: the T-Rex 2X Long Apple Daily Target ETF (CBOE: AAPX), the T-Rex 2X Long Alphabet Daily Target ETF (CBOE: GOOX), and the T-Rex 2X Long Microsoft Daily Target ETF (CBOE: MSFX). Created for seasoned traders, T-REX Single-Stock ETFs are the first and only single-stock ETFs offering 200% exposure to the daily price movements of some o

Momnt and Saluda Grade Joint Venture Closes $200 Million Warehouse Facility from Macquarie Group

Thu, 01/11/2024 - 08:51
ATLANTA--(BUSINESS WIRE)--Momnt and Saluda Grade have closed an asset-backed revolving warehouse facility of up to $200 million from Macquarie.

Circle Announces Confidential Submission of Draft Registration Statement for Proposed Initial Public Offering

Thu, 01/11/2024 - 08:51
BOSTON--(BUSINESS WIRE)--Circle Internet Financial (Circle) today announced that it confidentially submitted a draft registration statement on Form S-1 with the Securities and Exchange Commission (the "SEC"), relating to the proposed initial public offering of its equity securities. The number of shares to be offered and the price range for the proposed offering have not yet been determined. The initial public offering is expected to take place after the SEC completes its review process, subjec

MidOcean Partners and Kroger Establish Strategic Collaboration to Bring More Emerging Brands to Customers Across America

Thu, 01/11/2024 - 08:51
NEW YORK & CINCINNATI--(BUSINESS WIRE)--The Kroger Co. (NYSE: KR), its consumer product investment platform PearlRock Partners (“PearlRock”), and MidOcean Partners (“MidOcean”), a premier New York-based alternative asset manager specializing in middle-market private equity and alternative credit investments, today announced the formation of MPearlRock, a strategic collaboration to introduce emerging consumer packaged goods (“CPG”) brands to new customers. MPearlRock combines MidOcean’s expertis

Monomoy Capital Partners Agrees to Sell Sportech to Patrick Industries for Approximately $315 Million

Thu, 01/11/2024 - 08:51
NEW YORK--(BUSINESS WIRE)--Monomoy Capital Partners, a private investment firm focused on private equity and credit investing in the middle market, is pleased to announce it has entered into a definitive agreement to sell Sportech, a leading designer, manufacturer and assembler of cab components and assemblies for a wide range of OEM customers, to Patrick Industries, Inc. (NASDAQ: PATK). The transaction is expected to close on or before January 24, 2024, and is subject to customary closing cond

SWN Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Southwestern Energy Company Is Fair to Shareholders

Thu, 01/11/2024 - 08:51
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Southwestern Energy Company (NYSE: SWN) to Chesapeake Energy Corporation for 0.0867 shares of Chesapeake common stock for each share of Southwestern common stock is fair to Southwestern shareholders. Upon completion of the proposed transaction, Southwestern shareholders will own approximately 40% of the combined company, on a fully diluted basis. Halper Sadeh encourages Southwestern sh

CHK Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of Chesapeake Energy Corporation Is Fair to Shareholders

Thu, 01/11/2024 - 08:51
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Chesapeake Energy Corporation (NASDAQ: CHK) and Southwestern Energy Company is fair to Chesapeake shareholders. Under the terms of the agreement, Southwestern shareholders will receive 0.0867 shares of Chesapeake common stock for each share of Southwestern common stock. Upon completion of the proposed transaction, Chesapeake shareholders will own approximately 60% of the combined com

Galway Sustainable Capital Acquires Forsite Renewables

Thu, 01/11/2024 - 08:51
CHARLOTTE, N.C.--(BUSINESS WIRE)--Sterling Power Opportunities, a subsidiary of Galway Sustainable Capital, Inc., has acquired a majority interest in Forsite Renewables, a Charlotte-based developer of solar and battery storage projects. The transaction, which funds the expansion of Forsite, marks the 34th strategic acquisition for Galway, a specialty finance firm that invests in businesses that deliver positive environmental and social benefits. Galway will retain the existing management team t

WisdomTree Bitcoin Fund (BTCW) Launches in Historic First Wave of Bitcoin ETFs

Thu, 01/11/2024 - 08:51
NEW YORK--(BUSINESS WIRE)--WisdomTree, Inc. (NYSE: WT), a global financial innovator, today announced the launch of the WisdomTree Bitcoin Fund (BTCW). The historic leading wave of spot Bitcoin ETFs marks the first time U.S. investors have access to exposure to the price of spot bitcoin within the ETF wrapper. The WisdomTree Bitcoin Fund (BTCW) is listed on the Cboe BZX Exchange with an expense ratio of 0.30%, although for a six-month period commencing today, the entire 0.30% will be waived (wh

Alight named a Leader in Everest Group’s Global Multi-Country Payroll (MCP) Solutions PEAK Matrix® 2023

Thu, 01/11/2024 - 08:51
LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Alight named a Leader in Everest Group’s Global Multi-Country Payroll (MCP) Solutions PEAK Matrix® 2023

Alight named a Leader in Everest Group’s Global Multi-Country Payroll (MCP) Solutions PEAK Matrix® 2023

Thu, 01/11/2024 - 08:51
LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Alight named a Leader in Everest Group’s Global Multi-Country Payroll (MCP) Solutions PEAK Matrix® 2023

Sonic Automotive Announces Promotion of Harry Harden to Chief Human Resources Officer

Thu, 01/11/2024 - 08:51
CHARLOTTE, N.C.--(BUSINESS WIRE)--Sonic Automotive Announces Promotion of Harry Harden to Chief Human Resources Officer

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