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Orbital Sentry Closes Pre-Seed Round Led by Ridgeline
WASHINGTON--(BUSINESS WIRE)--Orbital Sentry, a deep tech startup building persistent infrared imaging systems for geosynchronous orbit (GEO), today announced the close of a pre-seed funding round. The round was led by Ridgeline and with participation from Superorganism and Hustle Fund. These investor portfolios reflect Orbital Sentry’s dual-use commercial and defense potential. Orbital Sentry's platform is designed to deliver continuous, high-sensitivity infrared monitoring from GEO, closing a
Medallia Closes Transaction to Fuel Company’s Next Chapter of AI-Driven Growth
TYSONS, Va.--(BUSINESS WIRE)--Medallia, Inc., the leading AI-driven platform for experience transformation, today announced the completion of its previously announced recapitalization agreement with its lenders. With the transaction now closed, Medallia has significantly reduced its outstanding debt and secured $150 million of new capital, and has officially transitioned ownership to an investor group led by funds managed by Blackstone, as well as Apollo, and FS KKR Capital Corp (FSK). "Closing
SABA Announces $0.058 Dividend
NEW YORK--(BUSINESS WIRE)--Saba Capital Income & Opportunities Fund II (NYSE: SABA) (the “Fund”), a registered closed-end management investment company listed on the New York Stock Exchange, declared a monthly dividend of $0.058 per share on July 31, 2026, payable on August 31, 2026 to shareholders of record as of August 11, 2026. Managed Distribution Plan. The above distribution was declared in accordance with the Fund’s currently effective managed distribution plan (the “Plan”), whereby t
BRW Announces $0.085 Dividend
NEW YORK--(BUSINESS WIRE)--Saba Capital Income & Opportunities Fund (NYSE: BRW) (the “Fund”), a registered closed-end management investment company listed on the New York Stock Exchange, declared a monthly dividend of $0.085 per share on July 31, 2026, payable on August 31, 2026 to shareholders of record as of August 11, 2026. Managed Distribution Plan. The above distribution was declared in accordance with the Fund’s currently effective managed distribution plan (the “Plan”), whereby the F
Patelco Credit Union Invests in Payfinia CUSO, Joins Board to Shape the Future of Embedded Payments
PORTLAND, Ore.--(BUSINESS WIRE)--Payfinia, an independent payment services firm providing an open payments framework, today announced a strategic partnership with Dublin, Calif.-based Patelco Credit Union (‘Patelco’ – $9.5 billion in assets and more than 550,000 members), marked by the credit union’s investment* in the Payfinia Credit Union Service Organization (CUSO). As part of the partnership, Patelco’s Chief Technology Officer, Kal Majmundar, has joined the Payfinia CUSO Board of Directors,
Visa to Acquire BioCatch
SAN FRANCISCO & TEL AVIV, Israel--(BUSINESS WIRE)--Visa (NYSE: V) today announced it has signed a definitive agreement to acquire BioCatch, a leading provider of behavioral-first, multi-signal fraud intelligence, from funds advised by Permira and other shareholders for $2.4 billion in cash. The acquisition of BioCatch complements Visa’s existing cyber, fraud, risk and security solutions and is expected to help clients better protect themselves and their customers from the growing threat of acco
Roja Partners With PSQ Payments to Power Processing on Its Earned Wage Access Platform
BOZEMAN, Mont.--(BUSINESS WIRE)--PSQ Holdings, Inc. (NYSE: PSQH) (the "Company"), a payments infrastructure provider designed to assist businesses underserved by mainstream financial services companies, today announced that Roja, a turnkey, white-label Earned Wage Access (“EWA”) platform, has selected PSQ Payments to power payment processing for its clients' EWA programs. Roja enables partner organizations to launch fully branded, subscription-based EWA experiences, without building their own i
VIVA Finance Triples Loan Origination Volume After Switching to LoanPro
SALT LAKE CITY--(BUSINESS WIRE)--LoanPro announced that VIVA Finance has tripled its loan origination volume since migrating to LoanPro in July 2025.
SILAC and The Index Standard Advance a New Benchmark for Transparency in Fixed Indexed Annuity Renewal Rates
CARMEL, Ind.--(BUSINESS WIRE)--SILAC Insurance Company ("SILAC"), a leading provider of fixed indexed annuities (FIAs), today announced a collaboration with The Index Standard to advance a new level of transparency within the FIA industry through an independent assessment of carrier historical renewal rate performance. For years, financial professionals evaluating FIAs have had access to initial rates, product features, and illustrations but lacked objective historical data about one of the mos
DISCO to Present at the 46th Annual Canaccord Growth Conference
AUSTIN, Texas--(BUSINESS WIRE)--CS Disco, Inc. (“DISCO”) (NYSE: LAW), a creator of industry-leading litigation technology, today announced that its Chief Executive Officer, Eric Friedrichsen, and its Chief Financial Officer, Aaron Barfoot, will present at Canaccord’s Growth Conference on August 12, 2026 at 7:00 a.m. Central Time (8:00 a.m. Eastern Time) A live webcast of the presentation will be available on DISCO’s investor relations website at ir.csdisco.com. An archived replay will also be m
Hancock Whitney Completes One Florida Bank Acquisition
GULFPORT, Miss.--(BUSINESS WIRE)--Hancock Whitney Completes One Florida Bank Acquisition
U.S. Bank Investment Services enhances investor and client onboarding experience for alternative investments
MINNEAPOLIS--(BUSINESS WIRE)--U.S. Bank Investment Services today announced it has gone live with a new client lifecycle management (CLM) platform, providing a comprehensive onboarding solution for alternative investment clients and the investors in their funds. The implementation is a key milestone in Investment Services’ multi-phased technology transformation strategy, aimed at modernizing processes, workflows and reporting across the private funds space. U.S. Bank leverages CLM provider Fene
MetLife Investment Management Closes $1.2 Billion Private Equity Partners Fund III Through Managed Transaction
WHIPPANY, N.J.--(BUSINESS WIRE)--MetLife Investment Management (MIM), the institutional asset management business of MetLife, Inc. (NYSE: MET), today announced the closing of approximately $1.2 billion in commitments to MetLife Investment Private Equity Partners Fund III (MIPEP III), the third fund in MIM's private equity investment platform for institutional investors. The new fund purchased a portfolio of approximately $754 million of private equity, venture capital and equity co-investment i
Sammons Financial Group Announces Leadership Transition
WEST DES MOINES, Iowa--(BUSINESS WIRE)--Sammons Financial Group today announced a planned leadership transition designed to support the company's continued long-term growth and strategic direction. Effective Jan. 1, 2027, President Rob TeKolste will assume the dual roles of Chief Executive Officer and Chairman of the Board. Current Chairman and Chief Executive Officer Esfand Dinshaw will retire at the end of 2026 following a 27-year career with the organization, including the past 16 years as C
Bowhead Specialty Holdings Inc. Reports Second Quarter 2026 Results and Cancels Earnings Conference Call Following Announcement of Merger Agreement with American Family
NEW YORK--(BUSINESS WIRE)--Following the issuance of a news release earlier today announcing that Bowhead Specialty Holdings Inc. (“Bowhead”, the “Company” or “us”) (NYSE: BOW), has entered into a definitive merger agreement under which American Family will acquire Bowhead, the Company today announced financial results for the second quarter ended June 30, 2026(1) and cancelled the previously scheduled conference call to discuss its second quarter ended June 30, 2026 financial results. Second Q
American Family to Acquire Bowhead Specialty in $1.2 Billion Transaction
NEW YORK--(BUSINESS WIRE)--Bowhead Specialty Holdings Inc. (NYSE: BOW) (“Bowhead”) today announced that it has entered into a definitive agreement pursuant to which American Family Mutual Insurance Company, S.I. (together with its affiliates, “American Family”) has agreed to acquire all of the issued and outstanding shares of common stock of Bowhead that it does not currently own in an all-cash transaction that values Bowhead at approximately $1.2 billion. Under the terms of the transaction, ea
Griffon Corporation Announces Closing of AMES Australasia Transaction
NEW YORK--(BUSINESS WIRE)--Griffon Corporation (NYSE: GFF) (the “Company” or “Griffon”) today announced the closing of the joint venture between Griffon’s AMES Australasia business and an investment group led by the management of AMES Australasia with support from Australian financial investors. Griffon received $181 million in cash, a $49 million paid-in-kind (PIK) note receivable from the joint venture, and a 49% equity interest. Goldman Sachs & Co. LLC acted as financial advisor to Griff
Inocras Closes $31 Million in Oversubscribed Series B-3 Financing to Accelerate U.S. Commercial Expansion
SAN DIEGO--(BUSINESS WIRE)--Inocras Closes $31 Million in Oversubscribed Series B-3 Financing to Accelerate U.S. Commercial Expansion.
BitGo Launches Link, Giving Institutions One Borderless Network to Move Capital
NEW YORK--(BUSINESS WIRE)--BitGo Holdings, Inc. (NYSE: BTGO) ("BitGo" or the "Company"), the digital asset infrastructure company, today announced the launch of BitGo Link (“Link”), a centralized control layer connecting institutional clients' exchange accounts directly to the BitGo platform. Link gives trading and treasury teams a unified way to manage their capital across BitGo and a large network of leading exchanges. Clients already rely on BitGo's Go Network to settle transactions and conn
Turner Supply Acquires Millworks & Supply, Expanding Service in Savannah and Coastal Georgia
MOBILE, Ala.--(BUSINESS WIRE)--Turner Supply, a leading independent industrial distributor, announced today the acquisition of Millworks & Supply, a Savannah, Georgia-based provider of maintenance, repair, and operations (MRO) products and solutions. The acquisition strengthens Turner Supply’s presence in Savannah and expands its ability to serve customers across Coastal Georgia and South Carolina while continuing the personalized service Millworks & Supply customers have trusted for ne
