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InfoSync Services is Sold to CogentHub by Staple Street Capital

Lastest from Businesswire - Thu, 01/16/2025 - 12:29
NEW YORK--(BUSINESS WIRE)--InfoSync Services (“InfoSync” or the “Company”), a provider of outsourced professional services, is pleased to announce its sale from Staple Street Capital to CogentHub (“CogentHub”), a global provider of business technology solutions. InfoSync is a market-leading provider of comprehensive outsourced accounting, finance and payroll services to multi-unit franchisees and franchisors. InfoSync specializes in helping restaurants and other multi-unit businesses reduce cos

Source Capital Provides Update on Discount Management Program and Private Credit Investments and Announces Q4 Webcast

Lastest from Businesswire - Thu, 01/16/2025 - 12:29
LOS ANGELES--(BUSINESS WIRE)--The Board of Trustees of Source Capital (NYSE: SOR) (the “Fund”), today announced that for the Fund’s Discount Management Program (the “Program”) measurement period from January 1, 2024 through December 31, 2024, the Fund traded at an average discount to net asset value (NAV) of less than 10%. In fact, the discount declined to less than 1% on December 31, 2024, its smallest discount since 2008. As a result, the tender offer for calendar year 2024 under the Fund’s P

Graham Holdings Company Declares Regular Quarterly Dividend

Lastest from Businesswire - Thu, 01/16/2025 - 12:29
ARLINGTON, Va.--(BUSINESS WIRE)--Graham Holdings Company (NYSE: GHC) today declared a regular quarterly dividend of $1.80 per share, payable on February 20, 2025, to shareholders of record on February 3, 2025.

Alvarez & Marsal Announces 2025 Managing Director Promotions

Lastest from Businesswire - Thu, 01/16/2025 - 12:29
NEW YORK--(BUSINESS WIRE)--Leading global professional services firm Alvarez & Marsal (A&M) has announced the promotion of 80 professionals, across Brazil, Canada, France, Germany, India, Italy, Spain, Sweden, United Arab Emirates, United Kingdom, and the United States, to the position of Managing Director. Tony Alvarez II and Bryan Marsal, A&M’s Co-Founders, stated, “All of our newly promoted Managing Directors embody the talent and leadership necessary to deliver exceptional resul

Full Spectrum Franchise Consulting Acquires FranDevCo; Franchise Leaders Rob Weddle and J. Patrick Galleher Join Board

Lastest from Businesswire - Thu, 01/16/2025 - 12:29
DEVON, Pa. & MIAMI--(BUSINESS WIRE)--L2 Capital, a private equity firm specializing in lower-middle-market investments, proudly announces its portfolio company, Full Spectrum Franchise Consulting (the “Company”) has acquired FranDevCo (“FDC”), a premier franchise development and sales organization. The Company has also appointed Rob Weddle, former CEO of Authority Brands, and Patrick Galleher, CEO & Managing Partner of Boxwood Partners, as independent board members of Full Spectrum Franchis

Symetra Names Christine Carlson Vice President, Stop Loss Claims

Lastest from Businesswire - Thu, 01/16/2025 - 12:29
BELLEVUE, Wash.--(BUSINESS WIRE)--Symetra, a stop loss pioneer and industry leader, announced the appointment of Christine Carlson as vice president, Stop Loss Claims.

KBRA Assigns Preliminary Ratings to SCF Equipment Leasing 2025-1

Lastest from Businesswire - Thu, 01/16/2025 - 12:29
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to nine classes of notes issued by SCF Equipment Leasing 2025-1 LLC and SCF Equipment Leasing Canada 2025-1 Limited Partnership (collectively SCF 2025-1), an equipment ABS transaction. SCF 2025-1 represents the 13th equipment ABS transaction sponsored by Stonebriar Commercial Finance LLC (SCF or the Company). Additionally, SCF services the Granite Park 2023-1 transaction, which is an equipment ABS backed by collateral originated by the

AMPLIFY ENERGY INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of Amplify Energy Corp. - AMPY

Lastest from Businesswire - Thu, 01/16/2025 - 12:29
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed merger of Amplify Energy Corp. (NYSE: AMPY) and Juniper Capital’s Upstream Rocky Mountain Portfolio Companies. Pursuant to the terms of the agreement, at the closing of the transaction, Amplify shareholders will retain only approximately 61% of Amplify’s outstanding equity. KSF is seeking to determine whether the merg

PESG Market Update: Silexion Therapeutics’ SIL-204 Shows Groundbreaking Synergy in Preclinical Data, Boosting Hope for KRAS-Driven Cancer Treatments

Lastest from Businesswire - Thu, 01/16/2025 - 12:29
NEW YORK--(BUSINESS WIRE)---- $SLXN #Silexion--PESG Releases a Market Update - Silexion Therapeutics (NASDAQ: SLXN), a clinical-stage biotech advancing RNA interference (RNAi) therapies for KRAS-driven cancers, has reported compelling new preclinical data for SIL-204, its next-generation siRNA candidate. These findings reaffirm the company’s innovative approach to addressing some of the most challenging cancers, including pancreatic cancer, which is marked by KRAS mutations in over 90% of cases. The newly released

H&E EQUIPMENT INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of H&E Equipment Services, Inc. - HEES

Lastest from Businesswire - Thu, 01/16/2025 - 12:29
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of H&E Equipment Services, Inc. d/b/a H&E Rentals (NasdaqGS: HEES) to United Rentals, Inc. (NYSE: URI). Under the terms of the proposed transaction, shareholders of H&E will receive $92.00 in cash for each share of H&E that they own. KSF is seeking to determine whether this consideration and the p

GDP, Inflation, and Rates to Remain Stable in 2025, Investors to Focus on Quality Across Asset Classes

Lastest from Businesswire - Thu, 01/16/2025 - 12:29
SAN MATEO, Calif.--(BUSINESS WIRE)--GDP, Inflation, and Rates to Remain Stable in 2025, Investors to Focus on Quality Across Asset Classes

DATABASICS Forms Strategic Partnership with JMT Consulting to Serve Nonprofit Organizations

Lastest from Businesswire - Thu, 01/16/2025 - 12:29
RESTON, Va.--(BUSINESS WIRE)--DATABASICS, a leading provider of expense reporting, spend management, time tracking, and PTO-leave management solutions, and JMT Consulting, a leading provider of consulting and software services exclusively to nonprofits, today announced a strategic partnership to bring unprecedented efficiency and productivity to nonprofit organizations. The partnership will combine JMT’s expertise with mission-driven finance and Sage Intacct implementations with DATABASICS’ exp

iNymbus Empowers CPG Companies to Automate Deduction Management

Lastest from Businesswire - Thu, 01/16/2025 - 12:29
HOUSTON--(BUSINESS WIRE)--iNymbus automates deduction management for CPGs, cutting costs by up to 90%, boosting cash flow, and supporting over 40 major retailers.

Huron Announces 22 Senior-Level Promotions

Lastest from Businesswire - Thu, 01/16/2025 - 12:29
CHICAGO--(BUSINESS WIRE)--Global professional services firm Huron (NASDAQ: HURN) today announced 22 managing director, operating managing director, and principal promotions. These promotions add to Huron’s highly talented team of leaders who deliver outstanding service to clients, mentor and develop our people, and accelerate the growth of the company. “Congratulations to our newly promoted leaders on this well-deserved achievement,” said Mark Hussey, chief executive officer and president of Hu

MCi Roars into New Year After Record FY24; New Customers Surge by 175% as Contractor Savings Surpass $2 Billion

Lastest from Businesswire - Thu, 01/16/2025 - 12:29
HOUSTON--(BUSINESS WIRE)--MCi achieved 175% growth in new customers and $2.42B in contractor savings in 2024, driving efficiency across heavy industrial sectors.

Pershing Square Provides Fannie Mae and Freddie Mac Presentation Slides

Lastest from Businesswire - Thu, 01/16/2025 - 12:29
NEW YORK--(BUSINESS WIRE)--Pershing Square Capital Management, L.P. (“Pershing Square”) today posted its presentation about Fannie Mae and Freddie Mac and their upcoming release from conservatorship on its website, https://pscmevents.com/FannieFreddiePresentation About Pershing Square Capital Management, L.P. Pershing Square Capital Management, L.P., based in New York City, is an SEC-registered investment advisor to investment funds.

Atar Capital to be Named Private Equity Firm of the Year at The M&A Advisor’s 19th Annual Turnaround Awards Gala

Lastest from Businesswire - Thu, 01/16/2025 - 12:29
LOS ANGELES--(BUSINESS WIRE)--Atar Capital, a global private investment firm based in Los Angeles, California, has been honored as Private Equity Firm of the Year for The M&A Advisor’s 19th Annual Turnaround Awards. This recognition highlights Atar Capital’s exceptional leadership and success in transforming businesses within the distressed investing and restructuring space. This win follows a year of significant wins for Atar Capital, including the successful acquisition of Kendrion’s auto

After a Strong 2024, Forbright Bank’s Healthcare and HUD Lending Teams Are Well-Positioned for 2025

Lastest from Businesswire - Thu, 01/16/2025 - 12:29
CHEVY CHASE, Md.--(BUSINESS WIRE)--Forbright Bank’s Healthcare and HUD lending teams closed 2024 with strong deal activity and enter 2025 well-positioned to provide customized lending solutions to healthcare facilities nationwide. Last year, the Healthcare and HUD lending teams provided more than $400 million in financing to organizations in more than a dozen states. Healthcare providers took advantage of Forbright Bank’s one-stop healthcare lending solutions including bridge loans, revolvers,

Coram AI Raises $13.8 Million in Series A Funding to Bring AI to Video Security, Boosting Workplace Safety and Efficiency

Lastest from Businesswire - Thu, 01/16/2025 - 12:29
SUNNYVALE, Calif.--(BUSINESS WIRE)--Coram AI, a pioneer in LLM-powered video security, today announced it has raised $13.8 million in Series A funding in a round led by Battery Ventures, a global, technology-focused investment firm. Existing investors 8VC and Mosaic Ventures also participated in the round. As part of the financing, Battery Partner Marcus Ryu, the former co-founder and CEO of Guidewire Software, joins Coram’s board. Coram intends to use the proceeds from the round to build more

ACSI Launches New Federal Efficiency Metric as Administrations Transition

Lastest from Businesswire - Thu, 01/16/2025 - 12:29
ANN ARBOR, Mich.--(BUSINESS WIRE)-- #ACSI--The American Customer Satisfaction Index unveils new federal government efficiency metric to provide insight into performance and citizen experience.

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