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Easterly Government Properties Receives Investment Grade Credit Rating

Lastest from Businesswire - Thu, 01/11/2024 - 08:51
WASHINGTON--(BUSINESS WIRE)--Easterly Government Properties, Inc. (NYSE: DEA) today announced that the company received an investment grade issuer credit rating from Kroll Bond Rating Agency, LLC (“KBRA”) of BBB with Stable Outlook. “Receiving this investment grade rating from KBRA is reflective of the strong underlying credit quality of our cashflows and the secure balance sheet we have built at Easterly Government Properties,” stated Allison Marino, Easterly’s Chief Financial Officer and Chie

Praxent Moves into 2024 with Strong Momentum, Executes over 60 Digital Initiatives for Financial Services Organizations

Lastest from Businesswire - Thu, 01/11/2024 - 08:51
AUSTIN, Texas--(BUSINESS WIRE)--Praxent, a financial technology consulting and engineering firm, shared highlights from 2023, including proven client success, strategic organizational changes, a SOC 2 Compliance Certification, and the launch of its Digital Banking Maturity Model. Praxent executed over 60 digital initiatives for financial services organizations last year, helping companies like Nymbus, Plinqit, and TLIE modernize their offerings and accelerate time to market. As a result of its

Macrae Strengthens Presence in New York and San Francisco with the Addition of Two Managing Directors

Lastest from Businesswire - Thu, 01/11/2024 - 08:51
PALO ALTO, Calif.--(BUSINESS WIRE)--Macrae, the elite transatlantic legal recruiting firm, welcomes Managing Directors Tad Gruman in New York and Julieta Stubrin in San Francisco.

KlariVis Simultaneously Marks 100-Customer Milestone, Secures $11 Million in Series B Funding Round Led by Blueprint Equity

Lastest from Businesswire - Thu, 01/11/2024 - 08:51
ROANOKE, Va.--(BUSINESS WIRE)--KlariVis, a trailblazer in data analytics solutions for community banks and credit unions, closed its Series B capital round led by Blueprint Equity. The $11 million investment will fuel further advancements in engineering, product development, customer success, and sales and marketing. KlariVis, led by CEO/Founder Kim Snyder, a former community bank CFO, has experienced meteoric growth, doubling revenue and customer count year-over-year. It recently celebrated th

Castlelake and Vervent Reach Agreement for up to $180 Million of Financing for Consumer Credit Card Programs

Lastest from Businesswire - Thu, 01/11/2024 - 08:51
MINNEAPOLIS & SAN DIEGO--(BUSINESS WIRE)--Castlelake and Vervent reach agreement for up to $180 million of financing for consumer credit card programs.

 Electriq Power Announces Preliminary Q4 2023 Revenue Results

Lastest from Businesswire - Thu, 01/11/2024 - 08:51
WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Electriq Power Holdings, Inc. ("Electriq") (NYSE:ELIQ), a trusted provider of intelligent energy storage and management solutions for homes and small businesses, today announces preliminary results for its fourth quarter and reiterates a revenue range of $20M-$30M in 2024. CEO Frank Magnotti, commented, “The demand for residential solar and storage and for more independence from the electrical grid remains strong. The approximate $1.3 million we expect to

DecisionRx Announces $100 Million Credit Facility with Carlyle

Lastest from Businesswire - Thu, 01/11/2024 - 08:51
INDIANAPOLIS--(BUSINESS WIRE)--DecisionRx, Inc., a value-based healthcare company reducing the cost of care by helping physicians eliminate medication failure, today announced that it has entered into a $100 million credit facility with global investment firm Carlyle. The financing will support the cost-bearing that is key to DecisionRx’s unique business model: DecisionRx can assume the full cost of delivering Medication Therapy Optimization to patients of Accountable Care Organizations, Medica

Capital District WERC (Woman’s’ Employment & Resource Center) Receives Funds From National Bank of Coxsackie

Lastest from Businesswire - Thu, 01/11/2024 - 08:51
LATHAM, N.Y.--(BUSINESS WIRE)--The National Bank of Coxsackie (“NBC”) presented the Capital District WERC (Woman’s’ Employment & Resource Center) with a donation in support of their mission to advance women’s success in the workplace by building their economic and personal independence. The funds were secured through the Federal Home Loan Bank of New York Small Business Recovery Grant Program. NBC is a member of the Federal Home Loan Bank of New York and applied for the funds made available

FIS Drives New Value as Sell-Side and Buy-Side Client Needs Converge

Lastest from Businesswire - Thu, 01/11/2024 - 08:51
JACKSONVILLE, Fla.--(BUSINESS WIRE)--FIS® (NYSE: FIS), a global leader in financial technology, today announced that it has expanded its sell-side solutions to new buy-side clients. As buy-side clients face pressures to find new revenue streams, reduce risk, drive operational efficiency, and deliver new value for their customers, FIS is giving these firms new capabilities via its sell-side solutions. One way FIS is supporting these clients’ needs is with its Cleared Derivatives (CD) platform, w

Evercore Wealth Management Names Sean Brady Managing Director, Wealth and Fiduciary Advisor

Lastest from Businesswire - Thu, 01/11/2024 - 08:51
NEW YORK--(BUSINESS WIRE)--Evercore Wealth Management today announced the appointment of Sean Brady to Managing Director, Wealth and Fiduciary Advisor. Mr. Brady is based in New York City and will work directly with ultra-high-net-worth client families, foundations and endowments, delivering comprehensive strategic wealth planning and fiduciary services. Mr. Brady joins Evercore from Clarfeld Citizens Private Wealth, where he worked for 14 years as a senior advisor to ultra-high-net-worth famil

The Visualize Group and TPG Form Strategic Partnership

Lastest from Businesswire - Thu, 01/11/2024 - 08:51
SAN FRANCISCO & FORT WORTH, Texas & NEW YORK--(BUSINESS WIRE)--TPG, a global alternative asset management firm, and The Visualize Group (“Visualize”), a next-generation investment firm founded by C. C. Melvin Ike to pursue public and private market transactions, today announced that they have entered into a strategic partnership. TPG, which is investing through TPG NEXT and will serve as a significant anchor investor in Visualize’s private equity strategy, joins a strong roster of investors tha

The RMR Group Announces Quarterly Dividend on Common Shares

Lastest from Businesswire - Thu, 01/11/2024 - 08:51
NEWTON, Mass.--(BUSINESS WIRE)--The RMR Group Inc. (Nasdaq: RMR) today announced a regular quarterly cash distribution on its shares of Class A Common Stock and Class B-1 Common Stock of $0.40 per share ($1.60 per share per year). This distribution will be paid to RMR’s shareholders of record as of the close of business on January 22, 2024 and distributed on or about February 15, 2024. About The RMR Group The RMR Group is a leading U.S. alternative asset management company, unique for its focus

White Oak Commercial Finance Provides $10M Senior Factoring Facility to Leading Worker Management Software Company

Lastest from Businesswire - Thu, 01/11/2024 - 08:51
NEW YORK--(BUSINESS WIRE)--White Oak Commercial Finance (“WOCF”), an affiliate of White Oak Global Advisors, announced that it has provided a $10M senior factoring facility to a leading worker management software company. The facility will be used for working capital to help the company expand on the heels of its own successful equity raise. “With access to liquidity still a paramount business concern across sectors, WOCF is able to provide flexible financing solutions to leading companies acro

FICO Brings Analytics Challenge to Delaware State University to Empower the Next Generation of Data Scientists

Lastest from Businesswire - Thu, 01/11/2024 - 08:51
BOZEMAN, Mont.--(BUSINESS WIRE)---- $FICO--Global analytics software leader FICO is expanding its FICO® Educational Analytics Challenge to students at Delaware State University, the third Historically Black College and University (HBCU) to adopt the program. This semester’s Analytics Challenge at Delaware State focuses on identifying and mitigating bias in data and decision models using a historical lending data. The FICO® Educational Analytics Challenge was created to amplify diversity, equity and inclu

REX Shares and Tuttle Capital Management Expand T-REX Single-Stock ETF Suite with Apple, Alphabet, and Microsoft Offerings

Lastest from Businesswire - Thu, 01/11/2024 - 08:51
MIAMI--(BUSINESS WIRE)--REX Shares (“REX”) in collaboration with Tuttle Capital Management (“TCM”), today adds three new products to the T-REX Single-Stock ETF suite: the T-Rex 2X Long Apple Daily Target ETF (CBOE: AAPX), the T-Rex 2X Long Alphabet Daily Target ETF (CBOE: GOOX), and the T-Rex 2X Long Microsoft Daily Target ETF (CBOE: MSFX). Created for seasoned traders, T-REX Single-Stock ETFs are the first and only single-stock ETFs offering 200% exposure to the daily price movements of some o

Momnt and Saluda Grade Joint Venture Closes $200 Million Warehouse Facility from Macquarie Group

Lastest from Businesswire - Thu, 01/11/2024 - 08:51
ATLANTA--(BUSINESS WIRE)--Momnt and Saluda Grade have closed an asset-backed revolving warehouse facility of up to $200 million from Macquarie.

Circle Announces Confidential Submission of Draft Registration Statement for Proposed Initial Public Offering

Lastest from Businesswire - Thu, 01/11/2024 - 08:51
BOSTON--(BUSINESS WIRE)--Circle Internet Financial (Circle) today announced that it confidentially submitted a draft registration statement on Form S-1 with the Securities and Exchange Commission (the "SEC"), relating to the proposed initial public offering of its equity securities. The number of shares to be offered and the price range for the proposed offering have not yet been determined. The initial public offering is expected to take place after the SEC completes its review process, subjec

MidOcean Partners and Kroger Establish Strategic Collaboration to Bring More Emerging Brands to Customers Across America

Lastest from Businesswire - Thu, 01/11/2024 - 08:51
NEW YORK & CINCINNATI--(BUSINESS WIRE)--The Kroger Co. (NYSE: KR), its consumer product investment platform PearlRock Partners (“PearlRock”), and MidOcean Partners (“MidOcean”), a premier New York-based alternative asset manager specializing in middle-market private equity and alternative credit investments, today announced the formation of MPearlRock, a strategic collaboration to introduce emerging consumer packaged goods (“CPG”) brands to new customers. MPearlRock combines MidOcean’s expertis

Monomoy Capital Partners Agrees to Sell Sportech to Patrick Industries for Approximately $315 Million

Lastest from Businesswire - Thu, 01/11/2024 - 08:51
NEW YORK--(BUSINESS WIRE)--Monomoy Capital Partners, a private investment firm focused on private equity and credit investing in the middle market, is pleased to announce it has entered into a definitive agreement to sell Sportech, a leading designer, manufacturer and assembler of cab components and assemblies for a wide range of OEM customers, to Patrick Industries, Inc. (NASDAQ: PATK). The transaction is expected to close on or before January 24, 2024, and is subject to customary closing cond

SWN Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Southwestern Energy Company Is Fair to Shareholders

Lastest from Businesswire - Thu, 01/11/2024 - 08:51
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Southwestern Energy Company (NYSE: SWN) to Chesapeake Energy Corporation for 0.0867 shares of Chesapeake common stock for each share of Southwestern common stock is fair to Southwestern shareholders. Upon completion of the proposed transaction, Southwestern shareholders will own approximately 40% of the combined company, on a fully diluted basis. Halper Sadeh encourages Southwestern sh

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