Lastest from Businesswire
Vehlo Launches RapidRecon Pro That Streamlines Reconditioning for Dealership Efficiency
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
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
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
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
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
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
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
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
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
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
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
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

