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Monroe Capital Supports Trivest Partners’ Epika Fleet Services

Lastest from Businesswire - Thu, 04/25/2024 - 07:42
CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC today announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility and equity co-investment to support the future growth of Epika Fleet Services (“Epika”), an existing portfolio company of Trivest Partners. Headquartered in Nashville, TN, Epika is a coast-to-coast provider of mobile and in-shop preventive maintenance services for heavy and medium duty commercial truck and trailer fleets. Epika’s vast co

U.S. Bank CFO Survey: Corporate Finance Leaders Tighten Belts Amid Uncertainty

Lastest from Businesswire - Thu, 04/25/2024 - 07:42
MINNEAPOLIS--(BUSINESS WIRE)--U.S. corporate finance leaders have increased focus on cutting costs to prepare their firms for potential economic and geopolitical uncertainty, according to the fourth annual U.S. Bank CFO Insights Report. The survey of more than 2,000 senior finance leaders nationwide revealed the top two priorities are cutting costs within the finance function and across the entire business. In contrast, driving revenue growth is just the fifth most prevalent priority. Cutting c

Carrington Mortgage Services Introduces Individual Taxpayer Identification Loans

Lastest from Businesswire - Thu, 04/25/2024 - 07:42
ANAHEIM, Calif.--(BUSINESS WIRE)-- #housing--Carrington Mortgage Services, LLC (CMS), one of the nation’s largest privately held non-bank lenders, boasts an impressive slate of loan offerings and services direct to consumers, investors, mortgage brokers and mortgage bankers nationwide. To add to its diverse lending offerings and to better ensure homeowners, brokers and sellers have all the options they need, CMS is introducing Individual Taxpayer Identification Loans (ITIN) for its retail, wholesale and c

WNS Announces Fiscal 2024 Fourth Quarter and Full Year Earnings, Provides Guidance for Fiscal 2025

Lastest from Businesswire - Thu, 04/25/2024 - 07:42
NEW YORK & LONDON & MUMBAI, India--(BUSINESS WIRE)---- $WNS #BPM--WNS (Holdings) Limited (WNS) (NYSE: WNS) today announced results for the fiscal 2024 fourth quarter and full year ended March 31, 2024.

Decarbonization Partners Exceeds Fundraising Target With US$1.40 Billion Final Close for Inaugural Fund

Lastest from Businesswire - Thu, 04/25/2024 - 07:42
NEW YORK & SINGAPORE--(BUSINESS WIRE)--Decarbonization Partners, a partnership between BlackRock and Temasek focused on investing in next-generation private companies that support the acceleration of decarbonization and the transition to a net-zero economy, today announced the final close of US$1.40 billion for its inaugural late-stage venture capital and growth private equity investment fund, The Decarbonization Partners Fund I (the “Fund”), surpassing its fundraising target of US$1 billion. I

Jack Mead Launches Vagaro Master Class to Help Salon & Beauty Professionals Grow Their Business

Lastest from Businesswire - Thu, 04/25/2024 - 04:42
STEVENAGE, England--(BUSINESS WIRE)--Vagaro, the leading international salon and spa software, and Jack Mead, award-winning hair stylist, salon owner, and educator, officially announced the release of their highly-anticipated Master Class series, delivering expert insights on using the power of social media to cultivate an expanding business. Mead, also a finalist in the hit UK reality TV competition, The Big Blowout, lead stylist at London Fashion Week and 2022 British Hairdressing Awards fina

TNS is the Only Provider in Europe to Offer Full-Service, Vendor-Neutral Market Data Management Solutions for Financial Institutions

Lastest from Businesswire - Thu, 04/25/2024 - 04:42
LONDON--(BUSINESS WIRE)-- #colocation--TNS expands US strategy of full-stack market data management to EMEA and brings on key hire Ben Myers to lead Strategic Sales in region


Walgreens Launches Gene and Cell Services as Part of Newly Integrated Walgreens Specialty Pharmacy Business

Lastest from Businesswire - Thu, 04/25/2024 - 01:42
DEERFIELD, Ill.--(BUSINESS WIRE)--Walgreens is expanding its specialty pharmacy services and investing in its capabilities as the company further grows its core pharmacy business to improve patient outcomes and provide greater value to payers and partners. The company today introduced Walgreens Specialty Pharmacy, a holistic offering that expands access to care for patients with complex, chronic conditions and enables partnerships that drive profitability for Walgreens’ pharmacy business. The c

The Puerto Rico Financial Services Forum Returns: Pioneering Trends in International Banking and Insurance Centers

Lastest from Businesswire - Wed, 04/24/2024 - 22:42
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--The Puerto Rico Financial Services Forum (FSF), the most comprehensive international financial and insurance conference in Puerto Rico, celebrates its fourth edition on October 21 and 22, 2024 in San Juan. Local and international experts in the international banking and insurance industries will converge, addressing the most current topics on compliance, financial crimes, regulations, and opportunities, presenting Puerto Rico as a premiere center for inte

American Riviera Bancorp Announces Results for the First Quarter of 2024

Lastest from Businesswire - Wed, 04/24/2024 - 22:42
SANTA BARBARA, Calif.--(BUSINESS WIRE)-- #BankonBetter--American Riviera Bancorp (“Company”) (OTCQX: ARBV), holding company of American Riviera Bank (“Bank”), announced today unaudited net income was $2.2 million ($0.37 per share) for the quarter ended March 31, 2024, compared to $2.2 million ($0.38 per share) in the previous quarter, and $3.0 million ($0.52 per share) earned in the same reporting period in the previous year. Earnings for the last two quarters have remained stable despite the continued high-ra

Rubrik Announces Pricing of Upsized Initial Public Offering

Lastest from Businesswire - Wed, 04/24/2024 - 22:42
PALO ALTO, Calif.--(BUSINESS WIRE)--Rubrik, Inc. today announced the pricing of its upsized initial public offering of 23,500,000 shares of its Class A common stock at a public offering price of $32.00 per share. In addition, Rubrik has granted the underwriters a 30-day option to purchase up to an additional 3,525,000 shares of its Class A common stock at the initial public offering price, less underwriting discounts and commissions. The shares are expected to begin trading on the New York Stoc

HCP Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of HashiCorp Inc. Is Fair to Shareholders

Lastest from Businesswire - Wed, 04/24/2024 - 19:42
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of HashiCorp Inc. (NASDAQ: HCP) to IBM for $35.00 per share in cash is fair to HashiCorp shareholders. Halper Sadeh encourages HashiCorp shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns whether HashiCorp and its board of d

Nihon Global Growth Partners Submits Shareholder Proposals for Consideration at Toyo Suisan’s 2024 General Shareholders’ Meeting

Lastest from Businesswire - Wed, 04/24/2024 - 19:42
NEW YORK & TOKYO--(BUSINESS WIRE)--Today, an investor group (“the Investor Group,” the “Group” or “we”) led by Nihon Global Growth Partners Management Inc. (“NHGGP”) announced it has submitted four shareholder proposals (the “Shareholder Proposals”) for consideration at Toyo Suisan Kaisha Ltd.’s (2875.T) (“Toyo Suisan” or the “Company”) upcoming 2024 General Shareholders’ Meeting. NHGGP and the Investor Group collectively own approximately 3.8% of Toyo Suisan’s common shares. NHGGP also release

The First Bancshares, Inc. Reports Results for First Quarter ended March 31, 2024

Lastest from Businesswire - Wed, 04/24/2024 - 19:42
HATTIESBURG, Miss.--(BUSINESS WIRE)--The First Bancshares, Inc. (“FBMS” or “the Company”) (NASDAQ: FBMS), holding company for The First Bank, (www.thefirstbank.com) reported today financial results for the quarter ended March 31, 2024. Highlights for the Quarter: Net income available to common shareholders totaled $20.6 million for the quarter ended March 31, 2024, representing an increase of 86.7% when compared to $11.0 million for the quarter ended December 31, 2023. Several one-time items ar

Blackstone Credit and Insurance appoints Dan Leiter as Head of International

Lastest from Businesswire - Wed, 04/24/2024 - 19:42
NEW YORK--(BUSINESS WIRE)--Blackstone (NYSE:BX) today announced the appointment of Dan Leiter as Head of International for Blackstone Credit and Insurance (BXCI). In this role, reporting to Gilles Dellaert, Global Head of BXCI, Mr. Leiter will lead the activity and expansion of BXCI in EMEA and APAC. Additionally, Michael Carruthers is appointed as European Head of Private Credit, reporting to Mr. Leiter. Blackstone is one of the world’s leading credit investors with nearly $420 billion in asse

EQUITY ALERT: Rosen Law Firm Files Securities Class Action Lawsuit on Behalf of Compass Minerals, Inc. Investors – CMP

Lastest from Businesswire - Wed, 04/24/2024 - 19:42
NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of the securities of Compass Minerals International Inc. (NYSE: CMP) between November 29, 2023 and March 22, 2024, both dates inclusive (the “Class Period”). The lawsuit seeks to recover damages for Compass Minerals investors under the federal securities laws. To join the Compass Minerals class action, go to https://rosenlegal.com/submit-form/?case_

Amerant Reports First Quarter 2024 Results

Lastest from Businesswire - Wed, 04/24/2024 - 19:42
CORAL GABLES, Fla.--(BUSINESS WIRE)--Amerant Bancorp Inc. (NYSE: AMTB) (the “Company” or “Amerant”) today reported net income attributable to the Company of $10.6 million in the first quarter of 2024, or $0.31 per diluted share, compared to a net loss attributable to the Company of $17.1 million, or $0.51 per diluted share, in the fourth quarter of 2023. “We continued to invest in our future in the first quarter of 2024, opening new locations in Tampa and Ft. Lauderdale, while adding 12 new tea

Levine Leichtman Capital Partners Sells Tropical Smoothie Cafe

Lastest from Businesswire - Wed, 04/24/2024 - 19:42
LOS ANGELES--(BUSINESS WIRE)--Levine Leichtman Capital Partners (“LLCP”), a Los Angeles-based private equity firm, announced today that it has entered into a definitive agreement to sell its portfolio company TSC Intermediate, Inc. (“Tropical Smoothie Cafe” or the “Company”) to private equity funds managed by Blackstone (“Blackstone”). Tropical Smoothie Cafe is a leading franchisor of fast casual restaurants built on a mission to Inspire Better® with more than 1,400 locations across 44 states.

Blackstone to Acquire Tropical Smoothie Cafe to Propel Leading Franchisor’s Continued Expansion

Lastest from Businesswire - Wed, 04/24/2024 - 19:42
ATLANTA & NEW YORK--(BUSINESS WIRE)--Blackstone announced today that private equity funds managed by Blackstone (“Blackstone”) have entered into a definitive agreement to acquire Tropical Smoothie Cafe, a leading franchisor of fast casual restaurants, from Levine Leichtman Capital Partners. This would be the first transaction from Blackstone’s most recent vintage of its flagship private equity vehicle, and is intended to help accelerate Tropical Smoothie Cafe's already-rapid expansion through c

BNY Mellon High Yield Strategies Fund Declares Dividend

Lastest from Businesswire - Wed, 04/24/2024 - 19:42
NEW YORK--(BUSINESS WIRE)--On April 24, 2024, the Board of Trustees of BNY Mellon High Yield Strategies Fund (NYSE: DHF) declared from net investment income a monthly cash dividend of $0.0175 per share of beneficial interest, payable on May 22, 2024, to shareholders of record at the close of business on May 8, 2024. The ex-dividend date is May 7, 2024. The previous dividend declared in March was $0.0175 per share of beneficial interest. Important Information BNY Mellon Investment Adviser, Inc.,

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