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DSI Announces New Employee Ownership Structure

Tue, 01/16/2024 - 14:54
CHICAGO--(BUSINESS WIRE)-- #ABC--Development Specialists, Inc. (DSI) today announced a new ownership structure following the death of its founder, William A. “Bill” Brandt Jr. who had owned 100% of the financial consulting and turnaround firm. Prior to his passing in 2023, Brandt created a leadership succession plan ensuring DSI will continue operating with its talented and experienced group of professionals who serve clients from seven offices throughout the U.S. The firm is now owned by a select gro

KBRA Assigns Preliminary Ratings to Benchmark 2024-V5

Tue, 01/16/2024 - 14:54
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA is pleased to announce the assignment of preliminary ratings to 14 classes of Benchmark 2024-V5, an $884.8 million CMBS conduit transaction collateralized by 36 commercial mortgage loans secured by 102 properties. The collateral properties are located throughout 28 MSAs, of which the three largest are New York (18.5%), Detroit (9.6%), and Washington – NoVA – MD (8.4%). The pool has exposure to most property types, with five types representing more than 10.0% of t

Raines Feldman Littrell LLP Adds Veteran Group From Smiley Wang-Ekvall LLP, Expanding Its National Bankruptcy Practice

Tue, 01/16/2024 - 14:54
COSTA MESA, Calif. & LOS ANGELES--(BUSINESS WIRE)-- #AmLaw--Raines Feldman Littrell LLP, a full-service national law firm known for its representation of high-profile clients, is pleased to welcome the addition of four attorneys from the distinguished bankruptcy boutique Smiley Wang-Ekvall, LLP. Led by partners Robert Marticello and Kyra Andrassy, the strategic move comes as part of the firm’s ongoing expansion in the Orange County legal market and the building of its national bankruptcy and receivershi

XY Retail Partners with Iconic Luxury Brand Paul & Shark for Comprehensive Retail Solution

Tue, 01/16/2024 - 14:54
NEW YORK--(BUSINESS WIRE)--XY Retail, an industry-leading provider of unified retail solutions, is pleased to announce a strategic partnership with Paul & Shark, a luxury fashion brand renowned for its elegant and lifestyle clothing. Paul & Shark will leverage XY Retail's unique, fully-featured omnichannel platform with POS, OMS, Clienteling, and global fiscal compliance, to enhance the brand’s customer experiences. Paul & Shark's commitment to delivering a premium and unified custo

Vensure Employer Solutions Appoints Pat Cleary as Chief Growth Officer and Board Member

Tue, 01/16/2024 - 14:54
CHANDLER, Ariz.--(BUSINESS WIRE)--Vensure Employer Solutions, a leading provider of HR/HCM technology, managed services, and global business process outsourcing, today announced the appointment of Pat Cleary as Chief Growth Officer and member of Vensure’s Board of Directors. Cleary is the former president and CEO of the National Association of Professional Employer Organizations (NAPEO), the leading trade association for the PEO industry, where he served from 2011-2023. By unifying PEOs to focu

EARGO INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Eargo, Inc. - EAR

Tue, 01/16/2024 - 14:54
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 Eargo, Inc. (NasdaqGS: EAR) to an affiliate of Patient Square Capital. Under the terms of the proposed transaction, shareholders of Eargo will receive $2.55 in cash for each share of Eargo that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whet

Beyond Business: Principal® Provides Office Space to Pi515

Tue, 01/16/2024 - 14:54
DES MOINES, Iowa--(BUSINESS WIRE)--Principal Financial Group® welcomes Pi515 to its global headquarters through a lease providing the Des Moines tech-focused nonprofit in-kind office space. Beginning today, Pi515 will operate on the first floor of 710 9th Street on the Principal® campus. “Principal is committed to cultivating a vibrant, thriving campus and downtown,” said Jo Christine Miles, director, Principal® Foundation and Principal Community Relations. “Providing space to Pi515 as an in-ki

TRANSPHORM INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Transphorm, Inc. - TGAN

Tue, 01/16/2024 - 14:54
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 Transphorm, Inc. (NasdaqCM: TGAN) to Renesas Electronics Corporation. Under the terms of the proposed transaction, shareholders of Transphorm will receive $5.10 in cash for each share of Transphorm that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate

SOUTHWESTERN ENERGY INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Southwestern Energy Company - SWN

Tue, 01/16/2024 - 14:54
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 Southwestern Energy Company (NYSE: SWN) to Chesapeake Energy Corporation (NasdaqGS: CHK). Under the terms of the proposed transaction, shareholders of Southwestern will receive 0.0867 shares of Chesapeake for each share of Southwestern that they own. KSF is seeking to determine whether this consideration and t

Amanda Bloom Joins Spineology as Executive Vice President of Marketing

Tue, 01/16/2024 - 14:54
ST. PAUL, Minn.--(BUSINESS WIRE)--Amanda Bloom Joins Spineology as Executive Vice President, Marketing

JUNIPER NETWORKS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Juniper Networks, Inc. - JNPR

Tue, 01/16/2024 - 14:54
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 Juniper Networks, Inc. (NYSE: JNPR) to Hewlett Packard Enterprise (NYSE: HPE). Under the terms of the proposed transaction, shareholders of Juniper will receive $40.00 in cash for each share of Juniper that they own. KSF is seeking to determine whether this consideration and the process that led to it are adeq

KBRA Assigns Preliminary Ratings to Lendbuzz Securitization Trust 2024-1

Tue, 01/16/2024 - 14:54
NEW YORK--(BUSINESS WIRE)-- #KBRA--KBRA assigns ratings to three classes of notes (four tranches) issued by Lendbuzz Securitization Trust 2024-1 (“LBZZ 2024-1”), an auto loan ABS transaction. Credit enhancement on the notes is comprised of overcollateralization, subordination of junior note classes, a cash reserve account, and excess spread. LBZZ 2024-1 is Lendbuzz Funding LLC’s (“Lendbuzz” or the “Company”) sixth ABS securitization. LBZZ 2024-1 will issue three classes of notes (four tranches) totalin

Nowlake Partners With Salient, A Cutting-Edge Generative AI Platform

Tue, 01/16/2024 - 14:54
LOS ANGELES--(BUSINESS WIRE)--Nowlake and Salient announce strategic partnership to revolutionize the Auto Finance Industry. Nowlake, a Fintech Organization incorporating the philosophy of Westlake and Nowcom, is partnering with Salient to bring generative AI into the Westlake world. As the market leader in voice technology, Salient was designed specifically for the needs of the automotive finance industry. This collaboration will help improve the communication gateway with our customers and ou

Oxford Finance’s Healthcare Real Estate Group Closes Over $430 Million of Capital Commitments In 2023

Tue, 01/16/2024 - 14:54
ALEXANDRIA, Va.--(BUSINESS WIRE)--Oxford Finance LLC (“Oxford”), a leading specialty finance firm that provides senior debt to life sciences and healthcare companies worldwide, is pleased to announce that its Healthcare Real Estate and ABL Group continued its stable growth in 2023, with Oxford providing over $430 million of capital commitments. The group closed a total of 11 transactions ranging in size from $2.0 million to $89.0 million. While securing capital posed a challenge for numerous he

AuditBoard Named Leader in Five Key Audit, Enterprise Risk Management, and Security Compliance Categories in G2 Winter 2024 Grid Report

Tue, 01/16/2024 - 14:54
LOS ANGELES--(BUSINESS WIRE)--AuditBoard, the leading cloud-based platform transforming audit, risk, ESG, and InfoSec management, today announced that it received the Leader distinction in IT Risk Management and ESG Management Software in the Winter 2024 Grid Reports from G2.com, Inc. In addition, AuditBoard was once again named Leader in both Audit Management Software and Enterprise Risk Management Software (previously known as the GRC Platform category) and has now led these categories for 17

Esker Q4 2023 Sales Activity

Tue, 01/16/2024 - 14:54
LYON, France & MIDDLETON, Wis.--(BUSINESS WIRE)--Esker once again experienced its most successful quarter and year in company history with sales revenue reaching close to 180 million euros for 2023.

Boomerang Unveils Inbox Pause 2.0, Redefining Email Management Amid Evolving Workplace Cultures

Tue, 01/16/2024 - 14:54
SANTA CLARA, Calif.--(BUSINESS WIRE)--Boomerang, the leading provider of thoughtful productivity tools to help users focus on what matters, has announced Inbox Pause 2.0, a significant update to its renowned email management tool, Inbox Pause, revolutionizing the way users manage their email inboxes. This enhancement aims to tackle the perpetual challenge of email overload, providing individual users the ability to design inbox schedules to suit their specific productivity needs, while enterpri

Tervis Announces Extension of Partnership With Association of Pickleball Players

Tue, 01/16/2024 - 14:54
NORTH VENICE, Fla.--(BUSINESS WIRE)--Tervis, the nationally loved and family-owned drinkware company founded in 1946, will kick off its extended partnership with the Association of Pickleball Players (APP) at the first APP Tour event in Punta Gorda this week. The partnership with the pickleball tour, which began in 2023, designates Tervis as the official and exclusive water bottle of the APP. Founded in 2019, the APP serves professionals, senior professionals and amateurs in the fastest growing

Akoya Calls for CFPB to Give Consumers More Protection by Eliminating Screen Scraping and Narrowing Secondary Uses of Data

Tue, 01/16/2024 - 11:54
BOSTON--(BUSINESS WIRE)--Akoya has recommended that the CFPB open banking rule ban screen scraping, narrow the scope of secondary uses of consumer financial data, and require data aggregators and service providers to adhere to qualified industry standards. “The CFPB’s proposed rule is a good step forward and will go a long way toward ensuring that consumer data access is provided in a safe, secure, and transparent manner,” said Paul LaRusso, CEO of Akoya. “The final rule would be even stronger

BTIG Hires Jonathan Dever as Head of Investment Banking

Tue, 01/16/2024 - 11:54
NEW YORK--(BUSINESS WIRE)--BTIG announced today that Jonathan Dever has joined the firm as Head of Investment Banking. Mr. Dever has spent over 30 years in the investment banking industry and brings leadership experience, transaction execution expertise, and extensive corporate relationships to the role. He will be based in BTIG’s New York office. Most recently, Mr. Dever was Co-Head of Investment Banking and Head of Financial Services and Real Estate Investment Banking at JMP Securities. Prior

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