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OceanSound Partners Acquires PAR Excellence, A Leading Provider of Inventory Management Systems to the Healthcare Industry

Lastest from Businesswire - Mon, 09/09/2024 - 12:21
CINCINNATI & NEW YORK--(BUSINESS WIRE)--OceanSound Partners (“OceanSound”), a growth-oriented private equity firm that invests in technology and technology-enabled services companies serving government and highly-regulated enterprise end-markets, today announced the acquisition of PAR Excellence Systems Inc. (“PAR” or the “Company”), a leading provider of supply chain integrity and cost management solutions to the healthcare industry from Northlane Capital Partners (“Northlane”). Northlane and

Northlane Capital Partners Announces the Sale of PAR Excellence Systems

Lastest from Businesswire - Mon, 09/09/2024 - 12:21
BETHESDA, Md.--(BUSINESS WIRE)--Northlane Capital Partners (“NCP”) announced today the sale of PAR Excellence Systems Inc. (“PAR”, or the “Company”) to OceanSound Partners. NCP and PAR’s management team will continue as investors in the Company. Founded in 1992, PAR enables government, non-profit, and private healthcare systems and integrated delivery networks to realize meaningful cost savings and operational efficiencies. The Company’s automated supply chain management solutions, comprised of

East West Bank Marks 25th Anniversary on Nasdaq Stock Exchange

Lastest from Businesswire - Mon, 09/09/2024 - 12:21
PASADENA, Calif.--(BUSINESS WIRE)-- #dominicng--East West Bank rings opening bell for 25th anniversary on Nasdaq

Former U.S. Treasury Secretary Lawrence H. Summers Appointed as Special Advisor to SOFR Academy

Lastest from Businesswire - Mon, 09/09/2024 - 12:21
NEW YORK--(BUSINESS WIRE)-- #AXI--Former U.S. Treasury Secretary Lawrence H. Summers Appointed as Special Advisor to SOFR Academy. The firm operationalized credit spreads AXI and FXI.

AXIS Appoints Pranav Shroff to Lead Life Sciences in North America

Lastest from Businesswire - Mon, 09/09/2024 - 09:21
PEMBROKE, Bermuda--(BUSINESS WIRE)--AXIS Capital Holdings Limited (“AXIS Capital” or “AXIS” or the “Company”) (NYSE: AXS) today announced that Pranav Shroff has joined the Company as Head of Life Sciences in North America. Mr. Shroff will lead the development of a suite of specialty coverages in support of the life sciences industry, with an initial focus on Products Liability, Professional Liability, and Clinical Trials Liability. His responsibilities include executing on the underwriting stra

AM Best Assigns Credit Ratings to Upstream Life Insurance Company

Lastest from Businesswire - Mon, 09/09/2024 - 09:21
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has assigned a Financial Strength Rating of B- (Fair) and a Long-Term Issuer Credit Rating of “bb-” (Fair) to Upstream Life Insurance Company (Upstream Life) (Dallas, TX). The outlook assigned to these Credit Ratings (ratings) is stable. The ratings reflect Upstream Life’s balance sheet strength, which AM Best assesses as weak, as well as its marginal operating performance, limited business profile and appropriate enterprise risk management (ERM). Upstrea

Fiserv Ranked No. 1 in IDC FinTech Rankings Top 100 for Second Consecutive Year

Lastest from Businesswire - Mon, 09/09/2024 - 09:21
MILWAUKEE--(BUSINESS WIRE)--Fiserv, Inc. (NYSE: FI), a leading global provider of payments and financial services technology, today announced it has been ranked in first place on the 2024 IDC FinTech Top 100 Rankings for the second consecutive year. This recognition underscores the company’s pivotal role in shaping the financial services landscape for four decades and delivering business success for thousands of financial institution clients. “In a milestone year — our 40th of providing financi

Novata Expands Platform to Empower Private Companies with Cutting-Edge Sustainability Solutions

Lastest from Businesswire - Mon, 09/09/2024 - 09:21
NEW YORK--(BUSINESS WIRE)--Novata, the private markets’ leading sustainability management partner, today announced the launch of "Novata for Companies," an expansion of its platform designed to support private companies in managing the most challenging aspects of sustainability. In just three years, Novata has established itself as the trusted leader in sustainability technology for investors. The launch of Novata’s new company offering is a direct response to the growing demand for robust and

PurpleLab® Introduces ‘Audience Builder’, A Revolutionary Healthcare Planning Tool for Advertisers and Their Agency and Advertising Technology Partners

Lastest from Businesswire - Mon, 09/09/2024 - 09:21
WAYNE, Pa.--(BUSINESS WIRE)--PurpleLab®, the healthcare analytics platform with one of the largest medical and pharmaceutical databases in the United States, announced today the introduction of Audience Builder, a new solution for advertisers that simplifies the use of complex healthcare data. This planning tool is designed specifically to meet the unique needs of advertisers and digital media buyers. PurpleLab’s Audience Builder offers a privacy-safe, HIPAA compliant, intuitive solution for st

Venerable Investment Advisers Launches Initial Fund Lineup

Lastest from Businesswire - Mon, 09/09/2024 - 09:21
WEST CHESTER, Pa.--(BUSINESS WIRE)--Venerable Investment Advisers, LLC (“Venerable Advisers”), an investment adviser and wholly-owned subsidiary of Venerable Holdings, Inc. (“Venerable”), announced today the launch of an initial line-up of mutual funds comprised of approximately $9.9 billion in assets under management (“AUM”). The mutual funds in this launch, and subsequent funds, serve as investment options for insurance company separate accounts and brings the management of the mutual funds u

Veteran Executive Joanna Irwin Joins Homrich Berg as New Chief Marketing Officer

Lastest from Businesswire - Mon, 09/09/2024 - 09:21
ATLANTA--(BUSINESS WIRE)--Homrich Berg, a leading Atlanta-based registered investment adviser (RIA) serving families and investors across the country from its offices in the Southeast, is pleased to welcome Joanna Irwin as Chief Marketing Officer (CMO). Irwin replaces Bill Bolen, CFP®, CFA, Principal, who has been serving in a dual capacity as CMO and wealth advisor in the HB Family Office division and will now return to a focus on client service. As CMO, Irwin will develop and lead the firm’s

Fintech Platform Haven Launches Haven Wallet to Eliminate Loan Complexity and Strengthen Relationship between Mortgage Originators and Borrowers

Lastest from Businesswire - Mon, 09/09/2024 - 09:21
NEW YORK--(BUSINESS WIRE)--Haven, a fintech servicing technology platform, today introduced Haven Wallet, the latest addition to the company’s product suite that unlocks value for the mortgage industry and to date has generated a 2x increase in recapture for its partners. Haven Wallet is a turnkey, digital experience that allows mortgage originators to address the ~$14T of outstanding debt represented by the mortgage servicing market, by providing unique borrower engagement opportunities after

Hunt Capital Partners Provide $13 Million in LIHTC Financing for Tribal Housing in Petoskey, Michigan

Lastest from Businesswire - Mon, 09/09/2024 - 09:21
PETOSKEY, Mich.--(BUSINESS WIRE)-- #affordablehousing--Victories Square is a tribal housing development in Petoskey, Michigan, that will provide affordable housing for 50 low-income families.

C.J. Lawrence's Strategies Hit $3 Billion UIT Sales Milestone at Advisors Asset Management

Lastest from Businesswire - Mon, 09/09/2024 - 09:21
NEW YORK--(BUSINESS WIRE)-- #AdvisorsAssetManagement--C.J. Lawrence's Strategies hit $3 billion unit investment trust (UIT) sales milestone at Advisors Asset Management (AAM).

Swoop Unveils Groundbreaking AI-Driven Innovations at Digital Pharma East, Reimagining HCP Marketing

Lastest from Businesswire - Mon, 09/09/2024 - 09:21
NEW YORK--(BUSINESS WIRE)--Swoop, a leader in healthcare marketing technology, today announced the launch of its HCP Pro suite of innovations at the Digital Pharma East conference. This new offering, which includes Swoop NPI Pro and Swoop PLD Pro, is a key component of Swoop’s broader strategy to transform omnichannel marketing by leveraging cutting-edge artificial intelligence (AI) and privacy-safe data strategies. Swoop's HCP Pro suite embodies a forward-thinking, AI-driven approach that goes

Hitachi America Names Tech Veteran Arya Barirani as CMO to Amplify Brand Impact and Propel Regional Growth

Lastest from Businesswire - Mon, 09/09/2024 - 09:21
SANTA CLARA, Calif.--(BUSINESS WIRE)--Barirani to lead the Branding and Corporate Communication Group for the Americas, Hitachi’s fastest-growing region.

Chatham Asset Management Launches CLO Management Business

Lastest from Businesswire - Mon, 09/09/2024 - 09:21
CHATHAM, N.J.--(BUSINESS WIRE)--Chatham Asset Management, LLC (“Chatham”), a private investment firm, today announced that it has established a CLO management business, CTM Asset Management (“CTM”), and made a significant capital commitment to build the business and support its initial CLO issuance. CTM will be managed as a separate entity with distinct portfolio management, research analyst, and operations teams. CTM is led by a dedicated team of professionals with decades of experience and es

Nodal Exchange to Launch New Carbon and REC Contracts in Collaboration with IncubEx

Lastest from Businesswire - Mon, 09/09/2024 - 09:21
WASHINGTON & CHICAGO--(BUSINESS WIRE)--Nodal Exchange and IncubEx announced today the planned launch of a slate of new environmental futures contracts.

e.l.f. X Tinder Turn Up the Heat with New Collaboration Inspiring Singles to ‘Face the First Date’

Lastest from Businesswire - Mon, 09/09/2024 - 09:21
OAKLAND, Calif.--(BUSINESS WIRE)--e.l.f. Cosmetics and Tinder are disrupting the dating game with a new collaboration inspired by the relationship between self-expression and confidence when creating new connections. The e.l.f. x Tinder “Put Your e.l.f. Out There” Vault collection introduces new product innovations from e.l.f. with exclusive features and limited-edition beauty must-haves designed to ditch any first-date jitters. The collaboration is a perfect match, integrating e.l.f.’s passion

Better.com Announces Launch of FHA Streamline Refinance Product

Lastest from Businesswire - Mon, 09/09/2024 - 09:21
NEW YORK--(BUSINESS WIRE)--Better Home & Finance Holding Company (NASDAQ: BETR) (“Better.com”), the leading digital homeownership company, today announced the launch of its FHA Streamline Refinance program. This fully digital refinance option is designed to streamline the process for qualified borrowers with an existing Federal Housing Administration (FHA) loan interested in lowering their monthly mortgage payment, reducing their interest rate, shortening their loan term, or getting out of

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