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Saudi Export-Import Bank Signs Memorandum of Understanding with Export–Import Bank of the United States

Tue, 01/16/2024 - 11:54
RIYADH, Saudi Arabia--(BUSINESS WIRE)--Saudi Export-Import Bank Signs Memorandum of Understanding with Export–Import Bank of the United States

AM Best Assigns Credit Ratings to PanAsia Reinsurance Inc.

Tue, 01/16/2024 - 11:54
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent) to PanAsia Reinsurance Inc. (PanAsia Re) (Hawaii). The outlook assigned to these Credit Ratings (ratings) is stable. The ratings reflect PanAsia Re’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management (ERM). PanAsia

H.I.G. Capital Completes Acquisition of Patriot Pickle

Tue, 01/16/2024 - 11:54
SAN FRANCISCO--(BUSINESS WIRE)-- #Acquisition--An affiliate of H.I.G. Capital completed the acquisition of Patriot Pickle, a leading manufacturer of fresh pickles and other fermented foods.

Association of Independent Mortgage Experts (AIME) Announces Evolution of Broker Advocacy with Broker Action Coalition (BAC)’s Exclusive Focus on State and Federal Legislation

Tue, 01/16/2024 - 11:54
KANSAS CITY, Mo.--(BUSINESS WIRE)-- #brokersarebetter--The Association of Independent Mortgage Experts (AIME), the leading membership organization representing the independent mortgage broker industry, announced today the Broker Action Coalition (BAC) will form an additional leadership team to continue its successful legislative efforts. AIME and BAC will work in tandem to support the needs of the broker community, with renewed focus on their areas of impact – AIME’s business support and education for brokers and

Counterpart Launches Management Liability Claims Handling for All SMB Customers

Tue, 01/16/2024 - 11:54
LOS ANGELES--(BUSINESS WIRE)--Counterpart, the leading management and professional liability insurtech backed by Markel and Aspen, today announced the expansion of its claims management service offerings. Counterpart provides the industry’s most sophisticated management liability underwriting, claims, and loss prevention services that are designed for small businesses across 150+ industries in all 50 states. With the backdrop of increasing regulation, a complex economic environment and heighten

 Emplifi Appoints Ohad Hecht To CEO Role As Company Moves Into Accelerated Growth Mode

Tue, 01/16/2024 - 11:54
NEW YORK--(BUSINESS WIRE)--Emplifi, a leading customer engagement platform, today announced Ohad Hecht as its new CEO. Hecht takes over the top leadership position during a pivotal time for Emplifi as the company transitions from “build-mode” into an accelerated growth phase. As CEO, Hecht will be focused on three primary pillars: cultivating a winning culture that fosters performance, respect, innovation, teamwork, and passion; embracing a customer-centric strategy that places customers at the

Carlyle-Backed Aspen Power Secures $241M in Financing to Advance Growth Initiatives

Tue, 01/16/2024 - 11:54
NEW YORK--(BUSINESS WIRE)--Aspen Power announces it has completed financings totaling $241M with J.P. Morgan, Lombard Odier, and Mitsubishi UFJ Financial Group, Inc. (MUFG).

Pricefx Reports Historic Revenue in 2023 Based on 40% Annual Growth

Tue, 01/16/2024 - 11:54
MUNICH & CHICAGO--(BUSINESS WIRE)-- #SaaS--Pricefx, the global leader in cloud-native pricing software, announced it achieved record revenue in 2023 with four consistently strong quarters throughout the year. The company reported a 40% annual growth rate and closed three of the largest deals in company history, while the average annual recurring revenue (ARR) per new customer increased by 83% year-over-year, and 27 new customers were added to the Pricefx roster. The Advantage Pricefx partner ecosystem

Summit Financial Welcomes Oracle Private Wealth Advisors, an All-Woman Advisory Firm, to its Expanding Network

Tue, 01/16/2024 - 11:54
PARSIPPANY, N.J.--(BUSINESS WIRE)--Summit Financial Holdings (“Summit”), a top firm for values-driven independent and breakaway advisors, today announced that Oracle Private Wealth Advisors (“Oracle”), has joined Summit Financial. Formerly known as Oracle Capital Strategies, Oracle represents the eighth firm in 2023 to join Summit Growth Partners (SGP), an innovative partnership that combines cash monetization with equity participation as well as exclusive partnership privileges. Via the transa

WorkJam Launches New Products to Empower Frontline Employees and Managers

Tue, 01/16/2024 - 11:54
MONTREAL--(BUSINESS WIRE)--WorkJam announced at NRF: Retail’s Big Show in New York City the launch of three new products.

Setting New Year's Health Resolutions? OB-GYN Offers Guidance on Prioritizing Women’s Sexual and Reproductive Well-Being in 2024

Tue, 01/16/2024 - 11:54
NEW HAVEN, Conn.--(BUSINESS WIRE)--Mary Jane Minkin, M.D., OB-GYN, Offers Guidance on Prioritizing Women’s Sexual and Reproductive Health in the New Year.

SELAX Brokerage (SubGA of ECA Marketing) Enhances Annuity Transaction Efficiency Through Integration with Luma Financial Technologies

Tue, 01/16/2024 - 11:54
CINCINNATI--(BUSINESS WIRE)--SELAX Brokerage Agency LLC (“SELAX”) (SUBGA of ECA Marketing) and its subsidiaries have engaged Luma Financial Technologies (“Luma”), the globally acclaimed alternatives and annuities platform, to provide market leading tools and resources for advisors transacting in annuities on behalf of their clients. With the addition of Luma’s technology to SELAX’s platform, advisors can now benefit from a more efficient annuity transaction process, enabling them to serve their

Carrington Mortgage Services Returns to ICE’s Encompass Lending Platform

Tue, 01/16/2024 - 11:54
ATLANTA & NEW YORK--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, announced that Carrington Mortgage Services, LLC, one of the nation’s largest privately held non-bank lenders, is returning to ICE’s Encompass® mortgage lending platform. Carrington will use Encompass across its retail, wholesale and correspondent lending channels to electronically capture, process, underwrite and close mortgage loans and equity products through a s

TPG Announces $228 Million Strategic Growth Investment in Sayari, a Leading Counterparty & Supply Chain Risk Platform

Tue, 01/16/2024 - 11:54
SAN FRANCISCO & WASHINGTON--(BUSINESS WIRE)--Sayari, a counterparty and supply chain risk intelligence provider trusted by government agencies, multinational corporations, and financial institutions, and TPG (NASDAQ: TPG), a global alternative asset management firm, today announced that they have signed a definitive agreement for TPG Growth, the firm’s middle market and growth equity platform, to make an up to $228 million strategic majority investment in Sayari. Sayari’s founders, employees, a

Golub Capital Marks 30th Anniversary with Record Fundraising, Continued Expansion and Strong Deal Activity in 2023

Tue, 01/16/2024 - 11:54
NEW YORK--(BUSINESS WIRE)--Golub Capital marked the start of its 30th anniversary year and reported key milestones achieved in 2023. The Firm raised a record $13.9 billion of new investment firepower and grew capital under management to over $65 billion, a new high.1 The Firm also announced strong credit results and deal activity, closing $13.7 billion in financing commitments. Founded in 1994, Golub Capital is a market-leading, award-winning direct lender and pioneer of the unitranche loan. Mo

Salucro Announces Expansion of Integrated Patient Payment Workflow Solution for Cerner Millennium® Customers

Tue, 01/16/2024 - 11:54
PHOENIX--(BUSINESS WIRE)--Salucro Healthcare Solutions, a leading healthcare payment technology company, today announced the general availability of its patient payment workflow integration for Cerner Millennium® customers. The intentionally designed integration will allow healthcare provider customers using the Cerner Millennium platform to process patient payments from their existing collection workflows, helping to improve revenue cycle efficiencies and the patient financial experience. “Thi

Verdantas Acquires Flatwoods Consulting Group Expanding Environmental Consulting Expertise in the Southeastern United States

Tue, 01/16/2024 - 11:54
DUBLIN, Ohio--(BUSINESS WIRE)--Verdantas, a private-equity-backed firm specializing in environmental consulting, sustainable engineering, modeling and digital technology, announced today it has acquired Flatwoods Consulting Group, Inc. (Flatwoods). Based in Tampa, Florida, Flatwoods significantly augments Verdantas by integrating nearly 40 seasoned professionals with specialized knowledge in ecology and environmental regulations. Their track record includes successfully serving utility companie

Everyone’s a Winner When California Pizza Kitchen Says ‘Thank You’ to Its Guests

Tue, 01/16/2024 - 11:54
COSTA MESA, Calif.--(BUSINESS WIRE)--California Pizza Kitchen (CPK) is ringing in the new year with gratitude for its guests and the return of its popular Thank You promotion. From January 15 through March 24, CPK guests nationwide will receive a Thank You Card with their meal. For guests dining in, sealed Thank You Cards containing offers and prizes will be handed out to diners. Guests who bring back their unopened card to a participating CPK will win a prize ranging from discounts on meals, f

LinkSquares Furthers AI Leadership With Announcement of Generative AI Strategy

Tue, 01/16/2024 - 11:54
BOSTON--(BUSINESS WIRE)--LinkSquares, the leading, AI-powered legal technology partner of choice, announced the company’s 2024 strategy to infuse generative AI across its entire product suite, starting with AI-Assisted Redlining in Finalize for Word and AI-Suggested Subtasks in Prioritize. The enterprise legal management platform combines native AI built exclusively for legal teams with generative AI technology to enhance legal workflows while ensuring accuracy and compliance throughout. “As th

Yottaa Introduces Cache Experience—a Revolutionary New Ecommerce Experience Innovation

Tue, 01/16/2024 - 11:54
WALTHAM, Mass.--(BUSINESS WIRE)--Yottaa, Inc., the leading cloud platform for accelerating and securing digital commerce experiences, today announced the general availability of its newest innovation, "Cache Experience". This groundbreaking capability enables online brands to redefine the online shopping journey by unleashing “instant” shopping experiences through Yottaa’s advanced page prefetch technology. After experiencing record-level online traffic during the pandemic, retail brands now fi

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