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KBRA Releases Research – A Decade of Solar Loan ABS: Trends and Developments

Mon, 05/05/2025 - 17:28
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA releases research examining solar loan ABS performance across its history. The first residential solar loan-backed securitization came to market in early 2016, and nearly a decade later, the sector has grown into a mainstream ABS product. Solar loan ABS offers longer-duration exposure compared to most other consumer ABS asset classes and is broadly viewed as compatible with environmental, social, and governance (ESG) goals, with the underlying loans enabling home

Golub Capital BDC, Inc. Announces Fiscal Year 2025 Second Quarter Financial Results

Mon, 05/05/2025 - 17:28
NEW YORK--(BUSINESS WIRE)--Golub Capital BDC, Inc., a business development company (Nasdaq: GBDC), today announced its financial results for its second fiscal quarter ended March 31, 2025. Except where the context suggests otherwise, the terms “we,” “us,” “our,” and “Company” refer to Golub Capital BDC, Inc. and its consolidated subsidiaries. “GC Advisors” refers to GC Advisors LLC, our investment adviser. SELECTED FINANCIAL HIGHLIGHTS         (in thousands, except per share data)             M

Paymentus Reports First Quarter 2025 Financial Results

Mon, 05/05/2025 - 17:28
CHARLOTTE, N.C.--(BUSINESS WIRE)--Paymentus Holdings, Inc. (“Paymentus”) (NYSE: PAY), a leading provider of cloud-based bill payment technology and solutions, today announced its unaudited financial results for the quarter ended March 31, 2025. “Paymentus started 2025 on strong footing, with year-over-year growth in revenue, contribution profit and adjusted EBITDA of 48.9%, 26.3% and 51.3%, respectively. This momentum continues to be driven by higher transaction activity from both new and exist

Air Lease Announces First Quarter 2025 Results

Mon, 05/05/2025 - 17:28
LOS ANGELES--(BUSINESS WIRE)--Air Lease (NYSE: AL) announces financial results for the three months ended March 31, 2025. “AL had a strong quarter with fleet expansion, healthy sales gains, significant insurance settlements related to our aircraft in Russia, and achieving our target debt to equity ratio which now allows us to consider all capital allocation opportunities. To date, we have no aircraft delivering to any country that has announced reciprocal tariffs applicable to aircraft. We cont

Limbach Holdings, Inc. Reports First Quarter 2025 Results

Mon, 05/05/2025 - 17:28
WARRENDALE, Pa.--(BUSINESS WIRE)--Limbach Holdings, Inc. (Nasdaq: LMB) (“Limbach” or the “Company”) today announced its financial results for the quarter ended March 31, 2025. First Quarter 2025 Highlights Compared to First Quarter 2024 Total revenue was $133.1 million, an increase of 11.9% from $119.0 million. Record quarterly net income of $10.2 million, or $0.85 per diluted share, compared to $7.6 million, or $0.64 per diluted share. Adjusted net income of $13.5 million, or $1.12 per adjuste

TrueBlue Reports First Quarter 2025 Results

Mon, 05/05/2025 - 17:28
TACOMA, Wash.--(BUSINESS WIRE)--TrueBlue (NYSE:TBI) today announced its first quarter results for 2025. First Quarter 2025 Financial Highlights Revenue of $370 million compared to $403 million in the prior year period $11 million of inorganic revenue from the January 31st acquisition of HSP Net loss of $14 million compared to net loss of $2 million in the prior year period SG&A expense improved by 12 percent to $95 million compared to $107 million in the prior year period Adjusted EBITDA1 o

BILL Expands Executive Leadership Team with Technology Industry Leader Mike Cieri as EVP, GM of Software Solutions

Mon, 05/05/2025 - 17:28
SAN JOSE, Calif.--(BUSINESS WIRE)--BILL (NYSE: BILL), a leading financial operations platform for small and midsize businesses (SMBs), today announced Mike Cieri has joined as EVP, GM of Software Solutions. As a member of the executive leadership team, Cieri will lead and drive software strategy across the BILL platform, reporting directly to CEO and Founder, René Lacerte. “Software is at the heart of our BILL innovation agenda. It’s the ‘front door’ for how we deliver technology for almost hal

EY US Unveils John Hanighen of Cloyes Gear & Products as an Entrepreneur Of The Year® 2025 Southwest Award Finalist

Mon, 05/05/2025 - 17:28
FORT SMITH, Ark.--(BUSINESS WIRE)--Ernst & Young LLP (EY US) announced the finalists for the prestigious Entrepreneur Of The Year 2025 Southwest Award. Now in its 40th year, the Entrepreneur Of The Year program celebrates the bold leaders who disrupt markets through the world’s most ground-breaking companies, revolutionizing industries and making a profound impact on communities. The program honors bold entrepreneurs whose innovations shape the future and pave the way for a thriving economy

UBS Advisors Mark Binder and Craig Chiate Named to Forbes Best-In-State Wealth Advisors list

Mon, 05/05/2025 - 17:28
LOS ANGELES--(BUSINESS WIRE)--UBS Wealth Management US announced today that Craig Chiate and Mark Binder, Private Wealth Advisors in the firm’s Los Angeles, CA office, have been named to the Forbes Best-In-State Wealth Advisors list for 2025. Craig Chiate ranked #3 in the Los Angeles Private Wealth category and Mark Binder was recognized as #2 in Southern California Private Wealth. “We are extremely proud that Craig and Mark were recognized on this prestigious list," said Michael McVicker, Mark

Gores Holdings X, Inc. Announces Closing of Upsized $358.8 Million Initial Public Offering and Full Exercise of Over-Allotment Option

Mon, 05/05/2025 - 17:28
BOULDER, Colo.--(BUSINESS WIRE)--Gores Holdings X, Inc. (the “Company”), a blank check company sponsored by an affiliate of The Gores Group, LLC, a global investment firm founded in 1987 by Alec Gores, and formed for the purpose of entering into a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, today announced the closing of its initial public offering of 35,880,000 units, which includes 4,680,000 uni

Carlyle and SK Capital Receive All Required Regulatory Approvals to Complete the Acquisition of bluebird bio

Mon, 05/05/2025 - 17:28
SOMERVILLE, Mass.--(BUSINESS WIRE)--bluebird bio, Inc. (NASDAQ: BLUE) (“bluebird” or “the Company”), Carlyle (NASDAQ: CG) (“Carlyle”), SK Capital Partners, LP (“SK Capital”) and Beacon Parent Holdings, L.P. (“Parent”) announced today that all required regulatory approvals to complete the previously announced acquisition of the Company by Carlyle and SK Capital have been received. No further regulatory approvals are required to complete the transaction. The parties expect to complete the merger

Baron & Budd Obtains Record Settlement in Restaurant Revitalization Fraud Lawsuit Against CoreLife Eatery, LLC

Mon, 05/05/2025 - 17:28
WASHINGTON--(BUSINESS WIRE)--Today, the national law firm Baron & Budd announced a record $7.8 million settlement in a whistleblower lawsuit brought under the False Claims Act against CoreLife Eatery, LLC for defrauding the Restaurant Revitalization Fund (RRF). This is the largest RRF settlement under the False Claims Act to date. The RRF was established in 2021 as part of the American Rescue Plan Act to provide financial assistance to restaurants and other food-service businesses during th

Highly Regarded Trial Attorney and Former Federal Prosecutor Edward J. Loya, Jr. Joins Dorsey in Dallas

Mon, 05/05/2025 - 17:28
DALLAS--(BUSINESS WIRE)--Edward Loya has joined Dorsey & Whitney LLP as a Partner in the Commercial Litigation group in Dallas, the international law firm announced today. A seasoned lawyer and former federal prosecutor, Edward will serve as the Head of the Trial Practice Group in Dorsey’s Dallas office. Edward focuses his practice on business disputes and white collar civil and criminal enforcement matters. He has represented companies and executives across many industries and in different

Former Justice Department Litigator Aleza Remis Joins Hicks Thomas

Mon, 05/05/2025 - 17:28
HOUSTON--(BUSINESS WIRE)--Hicks Thomas LLP announced today that Aleza Remis, former assistant deputy chief of the Department of Justice Health Care Fraud Unit, has joined the firm’s Houston office as senior counsel. “We are thrilled to welcome Aleza to the firm,” said Hicks Thomas partner John B. Thomas. “She is an experienced and talented trial lawyer. Given her Department of Justice background, not only will she be a great resource to our managed care practice, but her standup trial experienc

StructuredWeb Named a Leader in New Analyst Report on Partner Marketing Automation Platforms

Mon, 05/05/2025 - 17:28
NEW YORK--(BUSINESS WIRE)--StructuredWeb, the leading AI-first partner marketing automation platform for global enterprises, announced today it has been named a Leader in The Forrester Wave™: Partner Marketing Automation Platforms, Q2 2025 report. StructuredWeb received the highest possible score (5 out of 5) in each of the following evaluated criteria—Artificial Intelligence, Awareness/Syndication Management, Concierge Services/Services Marketplace, Customization, Localization & Personaliz

Autire Named a 2025 Top New Product by Accounting Today

Mon, 05/05/2025 - 17:28
DALLAS--(BUSINESS WIRE)-- #AICPAebp--Breakthrough employee benefit plan audit platform earns national recognition, awards for innovation and impact in the accounting industry.

NFS Leasing Rebrands as NFS Capital to Reflect Long-Term Growth Strategy

Mon, 05/05/2025 - 17:28
BEVERLY, Mass.--(BUSINESS WIRE)--NFS Leasing, Inc., a leading independent equipment finance company serving non-investment-grade businesses, has announced it will rebrand as NFS Capital, LLC, as part of its long-term growth strategy. The rebrand reflects the company’s commitment to expanding its equipment financing platform, growing its syndication capabilities and pursuing targeted opportunities across both new and existing markets. As NFS Capital scales nationally and throughout Canada, it wi

SIFMA and Arteria AI Announce US Treasury Clearing Solutions Partnership

Mon, 05/05/2025 - 14:28
WASHINGTON--(BUSINESS WIRE)-- #AI--SIFMA and Arteria AI announced a partnership to provide all U.S. Treasury clearing participants a data-driven documentation platform.

PMI U.S. Hosts Clinic on Legal Support for Veterans

Mon, 05/05/2025 - 14:28
WASHINGTON--(BUSINESS WIRE)--On Friday, May 2, 2025, PMI U.S. hosted experts from the University of Florida Levin College of Law, the Rocky Mountain Veterans Advocacy Project in Colorado and the University of Arizona James E. Rogers College of Law. Panelists shared their practice experience, case studies and policy recommendations to help address common challenges that military families face. With support from PMI U.S. funding, lawyers and law students from the clinics offer individualized guid

Hagens Berman: Apple Hit with Class-Action Lawsuit for App Store Injunction Violation by Same Law Firm That Secured $100M iOS Developer Win

Mon, 05/05/2025 - 14:28
SAN FRANCISCO--(BUSINESS WIRE)---- $AAPL #apple--Apple Inc. is in the crosshairs of a new class-action lawsuit regarding its App Store policies and injunction violation, according to Hagens Berman.

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