Lastest from Businesswire

Subscribe to Lastest from Businesswire feed Lastest from Businesswire
Business Wire - The global leader in news distribution
Updated: 2 min 19 sec ago

Vehlo Launches RapidRecon Pro That Streamlines Reconditioning for Dealership Efficiency

Tue, 08/05/2025 - 09:15
KNOXVILLE, Tenn.--(BUSINESS WIRE)--Vehlo, a leading provider of integrated software and financial solutions for the automotive repair industry, today announced the launch of RapidRecon Pro, a powerful new version of its popular reconditioning platform designed to accelerate vehicle turnaround and boost dealership profitability. RapidRecon Pro introduces key enhancements, including seamless integration with CDK Repair Orders (ROs) and a modern, future-ready platform. "We've streamlined RapidReco

KBRA Assigns Ratings to Public Finance Authority (Georgia SR 400 Express Lanes Project) $3.4 Billion PABs and SR 400 Peach Partners, LLC's $3.9 Billion TIFIA Loan

Tue, 08/05/2025 - 09:15
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns its BBB+ ratings to the Public Finance Authority's $3.4 billion senior lien toll revenue bonds, series 2025 (Georgia SR 400 Express Lanes Project) (the private activity bonds (PAB)), which support the Georgia SR 400 Express Lanes Project. KBRA also assigns its BBB rating to SR 400 Peach Partners, LLC’s $3.9 billion TIFIA loan. The Outlook is Stable. In August 2024, the consortium formed by Meridiam SR-400, LLC, Acciona Concesiones S.L., and ACS Infrastruc

KBRA Assigns Ratings to Public Finance Authority (Georgia SR 400 Express Lanes Project) $3.4 Billion PABs and SR 400 Peach Partners, LLC's $3.9 Billion TIFIA Loan

Tue, 08/05/2025 - 09:15
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns its BBB+ ratings to the Public Finance Authority's $3.4 billion senior lien toll revenue bonds, series 2025 (Georgia SR 400 Express Lanes Project) (the private activity bonds (PAB)), which support the Georgia SR 400 Express Lanes Project. KBRA also assigns its BBB rating to SR 400 Peach Partners, LLC’s $3.9 billion TIFIA loan. The Outlook is Stable. In August 2024, the consortium formed by Meridiam SR-400, LLC, Acciona Concesiones S.L., and ACS Infrastruc

ePayPolicy Secures Strategic Investment from LLR Partners

Tue, 08/05/2025 - 09:15
AUSTIN, Texas--(BUSINESS WIRE)-- #InsurTech--ePayPolicy, a leading provider of AR, AP, and integrated payment solutions for the insurance industry, announced an investment from LLR Partners.

AI GTM Leader Clay Raises $100M Series C to Fuel GTM Engineering Roles Industrywide

Tue, 08/05/2025 - 09:15
NEW YORK--(BUSINESS WIRE)--Clay, the leading AI go-to-market (GTM) development platform, today announced it has raised $100 million in Series C funding at a $3.1 billion post-money valuation, just six months after announcing its Series B expansion. The round was led by Alphabet’s independent growth fund, CapitalG, with participation from existing investors Sequoia Capital, Meritech Capital, First Round Capital, BoxGroup, and Boldstart, as well as new investor Sapphire Ventures. This brings the

Tortoise Capital Launches the Tortoise AI Infrastructure ETF (NYSE: TCAI), Providing Access to the Foundational Infrastructure Powering the AI Revolution

Tue, 08/05/2025 - 09:15
OVERLAND PARK, Kan.--(BUSINESS WIRE)--Tortoise launches TCAI ETF, targets key systems and companies building and enabling the infrastructure that makes AI possible.

Cloud Software Group to Acquire Arctera

Tue, 08/05/2025 - 06:15
FORT LAUDERDALE, Fla. & PLEASANTON, Calif.--(BUSINESS WIRE)--Cloud Software Group, Inc. today announced that it has entered into a definitive agreement to acquire Arctera, a global leader in data management, from funds affiliated with global investment firm Carlyle. Terms of the transaction were not disclosed. Upon close, Arctera will operate as a standalone business unit within the Cloud Software Group portfolio. Arctera is a global data management company created in 2024 following the combina

loanDepot Adds Mortgage Technology Trailblazers to Executive Team

Tue, 08/05/2025 - 06:15
IRVINE, Calif.--(BUSINESS WIRE)-- #HomeMeansEverything--loanDepot, Inc. (NYSE: LDI) (together with its subsidiaries, "loanDepot" or the "Company") today announced two executive appointments intended to drive profitable growth and operating leverage through the development of best-in-class technology. As Chief Digital Officer, Dominick Marchetti leads the Company’s overall digital transformation and strategy, ultimately responsible for using technology to drive improved operational outcomes and competitive advantage.

Ares Commercial Real Estate Corporation Reports Second Quarter 2025 Results

Tue, 08/05/2025 - 06:15
NEW YORK--(BUSINESS WIRE)--Ares Commercial Real Estate Corporation (the “Company”) (NYSE:ACRE), a specialty finance company primarily engaged in directly originating and investing in commercial real estate assets, reported generally accepted accounting principles (“GAAP”) net income (loss) of $(11.0) million or $(0.20) per diluted common share and Distributable Earnings (Loss)(1) of $(27.9) million or $(0.51) per diluted common share for the second quarter of 2025. “In the second quarter, we co

Lemonade Announces Second Quarter 2025 Financial Results

Tue, 08/05/2025 - 06:15
NEW YORK--(BUSINESS WIRE)--Lemonade, Inc. (NYSE: LMND) has released its second quarter 2025 financial results by posting them to its website. You may view the financial results in the Q2 2025 Letter to Shareholders. Today, Lemonade will host a conference call at 8:00 am Eastern time (5:00 am Pacific time) to discuss the results. To join the call, please dial in, toll-free at (833) 470-1428, or at (404) 975-4839; conference ID: 820365. To join the live webcast please visit the Lemonade Investor

Gartner Reports Second Quarter 2025 Financial Results

Tue, 08/05/2025 - 06:15
STAMFORD, Conn.--(BUSINESS WIRE)--Gartner, Inc. (NYSE: IT) today reported results for the second quarter of 2025 and updated its financial outlook for the full year 2025.

Monroe Capital Supports GTCR’s Investment in Clear Capital

Tue, 08/05/2025 - 06:15
CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as joint lead arranger on the funding of a senior credit facility to support the investment in Clear Capital by GTCR. Founded in 2001 and headquartered in Reno, NV, Clear Capital is a leading provider of valuation technology, analytics and data solutions for the mortgage and real estate industries. The company provides customers with a complete understanding of nearly every U.S. property through AI-driven analytics, data

Pages