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Comvest Partners Enters in Definitive Agreement to Sell Systems Control to Hubbell Incorporated

Mon, 11/06/2023 - 08:20
WEST PALM BEACH, Fla--(BUSINESS WIRE)-- #comvestpartners--Comvest Partners (“Comvest”), a middle-market private investment firm, is pleased to announce the execution of a definitive agreement to sell Systems Control (the “Company”) to Hubbell Incorporated (NYSE: HUBB), a leading manufacturer of utility and electrical solutions. Systems Control has been a portfolio company in Comvest’s private equity strategy since 2018. The transaction is expected to close by the end of the year. Founded in 1962 and headquartered

Rand Capital Reports 12% Increase in Total Investment Income for Third Quarter 2023

Mon, 11/06/2023 - 08:20
BUFFALO, N.Y.--(BUSINESS WIRE)--Rand Capital (Nasdaq: RAND) Reports 12% Increase in Total Investment Income for Third Quarter 2023

Hill & Knowlton Ushers in Next Era of Enterprise Transformation and Modern Brand Identity

Mon, 11/06/2023 - 08:20
NEW YORK--(BUSINESS WIRE)--Hill & Knowlton ushers in next era of enterprise transformation and modern brand identity.

Recochem Acquired by CapVest from H.I.G. Capital

Mon, 11/06/2023 - 08:20
MIAMI & LONDON--(BUSINESS WIRE)-- #Acquisition--H.I.G. Capital and CapVest Partners announced that H.I.G portfolio company, Recochem, has been acquired by funds managed by CapVest.

KKR Closes $2.8 Billion Global Impact Fund II

Mon, 11/06/2023 - 08:20
NEW YORK--(BUSINESS WIRE)--KKR, a leading global investment firm, today announced the final closing of KKR Global Impact Fund II (“GIF II” or the “Fund”), a $2.8 billion fund dedicated to investing in companies whose products and services contribute measurable progress toward the United Nations Sustainable Development Goals (“SDGs”). The Fund is the successor fund to the first KKR Global Impact Fund. “We launched KKR Global Impact in 2018 because we saw an opportunity to invest behind proven co

Laser Photonics Corporation Announces First of Its Kind Maritime Laser Cleaning Commercial

Mon, 11/06/2023 - 08:20
ORLANDO, Fla.--(BUSINESS WIRE)--Laser Photonics Corporation ("LPC"), a leading global industrial developer of CleanTech laser systems for laser cleaning and other material applications has announced it will be releasing a first of its kind commercial introducing the company's Handheld Marine Application Rust Laser Inhibitor (MARLIN) line of laser cleaning products to the maritime industry. "To the best of our knowledge, this will be the first laser cleaning commercial of its kind to be aired to

Millionaires Share Practical Financial Tips in New Research from Ameriprise Financial

Mon, 11/06/2023 - 08:20
MINNEAPOLIS--(BUSINESS WIRE)--What does it take to become a millionaire? New research from Ameriprise Financial (NYSE: AMP) confirms that it comes down to practical behaviors and discipline around money. Ameriprise surveyed 580 Americans ages 27-77 who currently have a million dollars or more in investable assets to understand how they built their savings. Eighty percent cited “financial planning and investing” as the top driver behind their ability to accumulate more than $1 million. They also

Thompson Street Capital Partners and Endicott Capital Portfolio Company MediaRadar Acquires Kantar Group’s Vivvix

Mon, 11/06/2023 - 08:20
ST. LOUIS--(BUSINESS WIRE)--Thompson Street Capital Partners and Endicott Capital Portfolio Company MediaRadar Acquires Kantar Group’s Vivvix

Ault Alliance Announces Licensing of MLSE Platform by its Subsidiary, MTIX Ltd.

Mon, 11/06/2023 - 08:20
LAS VEGAS--(BUSINESS WIRE)---- $AGREE #AGREE--Ault Alliance Announces Licensing of MLSE Platform by its Subsidiary, MTIX Ltd.

Emerald Reports Third Quarter 2023 Financial Results

Mon, 11/06/2023 - 08:20
NEW YORK--(BUSINESS WIRE)--Emerald Holding, Inc. (NYSE: EEX) (“Emerald” or the “Company”), America's largest producer of trade shows and their associated conferences, content and commerce, today reported financial results for the third quarter ended September 30, 2023. Financial Highlights Revenues of $72.5 million for the third quarter 2023, an increase of $10.1 million, or 16.2% over Q3 2022, primarily due to growth in events that staged in both Q3 2023 and Q3 2022, new launches and acquisiti

AIG Announces Launch of Secondary Offering of Corebridge Financial, Inc. Common Stock

Mon, 11/06/2023 - 08:20
NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced the launch of a secondary offering of Corebridge Financial, Inc. (NYSE: CRBG) common stock. AIG, as the selling stockholder, is offering 50 million existing shares of common stock (out of approximately 631 million total shares of common stock outstanding) of Corebridge and has granted a 30-day option to the underwriters to purchase up to an additional 7.5 million shares. All of the net proceeds from the of

Starbucks Raises the Bar With Industry-Leading Employee Benefits, Outperforming Competitors

Mon, 11/06/2023 - 08:20
SEATTLE--(BUSINESS WIRE)--Starbucks Coffee Company (NASDAQ: SBUX) - In line with Starbucks unwavering commitment to elevate the partner (employee) experience and offer partners a bridge to a better future, the company is proud to introduce the latest in partner investments. These developments include accruing paid vacation time sooner, continued investments in partner pay, innovative financial well-being and skills-building benefits, partner-centric scheduling, and the introduction of the first

Majority of Dealers Optimistic About Valuations and Profits in 2024

Mon, 11/06/2023 - 05:20
INCLINE VILLAGE, Nev.--(BUSINESS WIRE)-- #autoindustry--Auto dealers remain generally positive about the valuation of their dealerships over the next twelve months, according to the newly released 2023 Kerrigan Dealer Survey, with 52% expecting 2023’s strong valuations to extend into 2024, and 21% projecting a valuation increase. But, as dealers anticipate that earnings will start to normalize from record-high levels - 38% expect profits to decrease over the next 12 months – more dealers (27%) are also expecti

MiQ Acquires French Media Governance MarTech Company Grasp, Delivering Greater Control, Efficiency and Outcomes to the Digital Advertising Industry

Mon, 11/06/2023 - 05:20
NEW YORK & PARIS--(BUSINESS WIRE)--MiQ today announced the acquisition of French media governance and data quality company, Grasp. This marks MiQ’s third significant financial investment to date, as part of its long-standing commitment to making the digital advertising ecosystem and experience better for all advertisers. While the rapid growth of digital media channels has unlocked incredible opportunities for advertisers, the level of complexities they navigate every day have simultaneously in