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McNally Capital Announces Sale of The Re-Sourcing Group

Wed, 01/17/2024 - 08:55
CHICAGO--(BUSINESS WIRE)-- #PrivateEquity--McNally Capital sells The Re-Sourcing Group, a leading provider of strategic staffing, consulting, and direct hire solutions, to MidOcean Partners.

Aristotle Pacific Capital Further Expands Investment Team

Wed, 01/17/2024 - 08:55
LOS ANGELES & NEWPORT BEACH, Calif.--(BUSINESS WIRE)-- #aristotle--Aristotle Pacific, a leader in liquid credit investments, announced the further expansion of its investment team

Loomi, Bloomreach’s AI for E-Commerce, Wins 2024 BIG Innovation Award for Best Product

Wed, 01/17/2024 - 08:55
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Bloomreach, the platform fueling limitless e-commerce experiences, today announced its AI for e-commerce, Loomi, was named a winner of Business Intelligence Group’s 2024 BIG Innovation Awards. Entries are judged by a panel of notable experts from a range of industries, and recognizes organizations, products, and people that are bringing new ideas to life in innovative ways. Loomi is AI woven throughout the Bloomreach platform. Deeply connected to Bloomrea

Bonaventure’s Perpetual Life Fund Leads Investment Activity in 2023

Wed, 01/17/2024 - 08:55
ALEXANDRIA, Va.--(BUSINESS WIRE)--Bonaventure, an integrated alternative asset manager focused on the investment, development, construction and management of innovative lifestyle multifamily communities in the Mid-Atlantic and Southeastern regions, today announced its investment activity exceeded $240 million in 2023. Transaction volume was driven by Bonaventure’s perpetual life multifamily fund, which saw consistent deal flow through the strategic execution of tax-deferred investment solutions

Pagaya Announces Timing of Fourth Quarter 2023 Earnings Release

Wed, 01/17/2024 - 08:55
NEW YORK & TEL AVIV, Israel--(BUSINESS WIRE)--Pagaya Technologies (NASDAQ: PGY) intends to announce its fourth quarter 2023 earnings on February 21, 2024. A conference call to discuss those earnings will be held on the same day at 8:30 a.m. ET / 3:30 p.m. IDT. Details to register for the live webcast presentation and dial-in information will be available on Pagaya’s IR website located at investor.pagaya.com. The webcast replay will be available on the IR website following the conclusion of the

Community Trust Bancorp, Inc. Reports Earnings for the 4th Quarter and Year 2023

Wed, 01/17/2024 - 08:55
PIKEVILLE, Ky.--(BUSINESS WIRE)--Community Trust Bancorp, Inc. (NASDAQ-CTBI): Earnings Summary (in thousands except per share data) 4Q 2023 3Q 2023 4Q 2022 Year 2023 Year 2022 Net income $ 18,659   $ 20,628   $ 22,443   $ 78,004   $ 81,814   Earnings per share $ 1.04   $ 1.15   $ 1.26   $ 4.36   $ 4.59   Earnings per share – diluted $ 1.04   $ 1.15   $ 1.26   $ 4.36   $ 4.58               Return on average assets   1.30 %   1.46 %   1.64 %   1.40 %   1.50 % Return on average equity   10.98 %  

Stova Appoints Event Technology Industry Veteran as New CEO to Drive Next Phase of Growth

Wed, 01/17/2024 - 08:55
NEW YORK--(BUSINESS WIRE)--Kirk Ziehm joins Stova as CEO to drive the company's industry-leading event technology solutions.

Godspeed Capital Sells MOREgroup

Wed, 01/17/2024 - 08:55
WASHINGTON--(BUSINESS WIRE)--Godspeed Capital Management LP (“Godspeed Capital”), a lower middle-market Defense & Government services, solutions, and technology focused private equity firm, announced today the successful sale of MOREgroup (the “Company”) to Wind Point Partners (“Wind Point”). Financial terms of the transaction were not disclosed. MOREgroup is a family of leading architecture, design, and engineering brands with sector focused expertise in the Education, Healthcare, and Fede

Greg Zimmer Named Chief Executive Officer of Alliant Insurance Services

Wed, 01/17/2024 - 08:55
IRVINE, Calif.--(BUSINESS WIRE)-- #AlliantInsurance--Alliant Insurance Services has announced the appointment of Greg Zimmer as Chief Executive Officer. He assumes the role from longtime Alliant leader Tom Corbett, who will remain as the company’s Executive Chairman. Corbett, who joined Alliant in 1977, served as Alliant’s CEO for more than 30 years, guiding the company’s emergence into one of the nation’s top names in insurance brokerage and consulting. “Tom’s outstanding leadership of Alliant has placed our orga

Franklin Templeton Closed-End Funds Announce Share Repurchases for the Fourth Quarter of 2023

Wed, 01/17/2024 - 08:55
NEW YORK--(BUSINESS WIRE)--Category: Corporate Action

NielsenIQ and TransUnion Collaborate to Enable Targeted Advertising with First-Party Retail Purchase Data

Wed, 01/17/2024 - 08:55
CHICAGO--(BUSINESS WIRE)--NielsenIQ, a global measurement and data analytics leader, announces an agreement with TransUnion’s (NYSE: TRU) marketing solutions business, TruAudience®, to connect NielsenIQ’s consumer data with partners’ identity spaces for audience modeling. This cooperative effort leverages NielsenIQ's first-party data on fast-moving consumer goods (FMCG) purchases and TransUnion’s Identity Resolution for data connectivity to help Media and AdTech companies create impactful campa

Scienaptic AI and MagiLoop Drive BHPH Lending Forward: Six Multi-Rooftop Dealers Leverage AI to Expand Lending

Wed, 01/17/2024 - 08:55
NEW YORK--(BUSINESS WIRE)--Scienaptic AI, the world’s leading AI-powered credit underwriting platform provider, today announced that six Multi-Rooftop Dealers on the Magiloop ecosystem are now live with its AI technology. This collaboration empowers these Buy Here Pay Here (BHPH) dealerships to expand their lending portfolios and offer better, faster car financing options to their customers. Among the AI adopters on the Magiloop ecosystem are Fiesta Motors (Lubbock, TX), Sports & Imports (B

Pidgin Publishes New Whitepaper to Guide Financial Institutions on their FedNow Service Journey

Wed, 01/17/2024 - 08:55
ATLANTA--(BUSINESS WIRE)--Pidgin’s new whitepaper explores how financial institutions of all sizes can embrace and scale faster payments by connecting to the FedNow Service.

Somfy and LearnUpon Awarded Bronze in 2023 Brandon Hall Group™ Excellence in Technology Awards

Wed, 01/17/2024 - 08:55
DAYTON, N.J.--(BUSINESS WIRE)--Somfy, the world’s largest manufacturer of motors for interior window coverings and exterior solar protections, announces its bronze award win for the Best Advance in Business Automation in the 2023 Brandon Hall Group™ Excellence in Technology Awards with its partner LearnUpon. The Company is honored for its development of Somfy U, an on-demand training platform to address business challenges and its growing professional network. Brandon Hall Group™ is a research

Wipfli Wins Groundswell’s Give Better Challenge, Emphasizing Corporate Philanthropy and Employee Engagement

Wed, 01/17/2024 - 08:55
MILWAUKEE--(BUSINESS WIRE)--Groundswell, the platform transforming corporate philanthropy, announces Wipfli as the winner of the inaugural Groundswell Give Better Challenge.

Evercore to Announce Fourth Quarter and Full Year 2023 Financial Results and Host Conference Call on January 31, 2024

Wed, 01/17/2024 - 08:55
NEW YORK--(BUSINESS WIRE)--Evercore to Announce Fourth Quarter and Full Year 2023 Financial Results and Host Conference Call on January 31, 2024

Supply Wisdom Launches SaaS-Based Real-Time Risk Intelligence Platform; Company Reels in Additional F100 Clients and Achieves 77% YOY Growth

Wed, 01/17/2024 - 08:55
NEW YORK--(BUSINESS WIRE)--Supply Wisdom, the market’s only full-stack, real-time risk intelligence platform powered by AI, today announced the company has launched a self-service, SaaS-based model for organizations in need of real-time risk monitoring. As quickly evolving geographic factors continue to drive severe business disruptions, Supply Wisdom is seeing more organizations operationalize location-specific risk into their decision making. Supply Wisdom added three Fortune 100 customers to

Berkeley SkyDeck and Berkeley Space Center Join Forces for Air and Space Accelerator Track

Wed, 01/17/2024 - 08:55
BERKELEY, Calif.--(BUSINESS WIRE)--Berkeley SkyDeck, a global hub for entrepreneurship and a leading accelerator, today announced that it has relaunched its Air and Space Track in collaboration with the recently-announced Berkeley Space Center at NASA Research Park (“Berkeley Space Center”). The relaunched track takes advantage of renewed interest in space exploration and commercialization, as well as advances in autonomous flight technology to provide startups with the resources and connection

Clarion Partners Real Estate Income Fund Inc. Announces Results of Tender Offer

Wed, 01/17/2024 - 08:55
NEW YORK--(BUSINESS WIRE)--Category: Fund Announcement

Cantilever Group Launches Financing Solutions Investment Platform for Middle Market Asset Managers

Wed, 01/17/2024 - 08:55
NEW YORK--(BUSINESS WIRE)--Cantilever Group (“Cantilever” or the “Firm”), an independent investment firm specializing in providing flexible capital to leading middle market asset managers, today announced that, in connection with its general partner financing solutions investment platform, the Firm has appointed Ben Drylie-Perkins as Managing Director and Head of Investments. Cantilever makes debt, preferred equity, and common equity investments across a wide range of middle market asset manage

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