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Nassau Financial Group and Golub Capital Close Minority Equity Investment

Tue, 01/07/2025 - 09:43
HARTFORD, Conn. & NEW YORK--(BUSINESS WIRE)--Nassau Financial Group and Golub Capital have closed on their previously announced strategic partnership after satisfaction of closing conditions.

Cintas Proposes to Acquire UniFirst for $275.00 Per Share in Cash

Tue, 01/07/2025 - 09:43
CINCINNATI--(BUSINESS WIRE)--Cintas Corporation (Nasdaq: CTAS) today announced that it submitted a proposal to the Board of Directors of UniFirst Corporation (NYSE: UNF) to acquire all outstanding common and class B shares of UniFirst for $275.00 per share (the “Proposal”) in cash. The Proposal implies a total value for UniFirst of approximately $5.3 billion and offers UniFirst shareholders a 46% premium to UniFirst’s ninety-day average closing price as of January 6, 2025. The Proposal was init

Virtus Total Return Fund Inc. Announces Commencement of Tender Offer

Tue, 01/07/2025 - 09:43
HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Total Return Fund Inc. (NYSE: ZTR) (the “Fund”) today announced the commencement of a tender offer (“Tender Offer”) that will begin on January 7, 2025, and expire at 5 p.m. (Eastern) on February 6, 2025 (the “Expiration Date”), which will also be the pricing date, unless the Tender Offer is extended. The Tender Offer was previously announced as a conditional tender offer subject to certain factors that have been determined to have been met. The Fund inte

Eaton Vance Municipal Bond Fund Announces Extension of Tender Offer

Tue, 01/07/2025 - 09:43
BOSTON--(BUSINESS WIRE)--Eaton Vance Municipal Bond Fund (NYSE American: EIM) (the “Fund”) announced today the extension of the Fund’s cash tender offer (the “Tender Offer”) for up to 5% of its outstanding common shares at a price per share equal to 98% of its net asset value (“NAV”) per share, determined as of the close of regular trading on the New York Stock Exchange on the day the Tender Offer expires. The Tender Offer, which was previously scheduled to expire on January 9, 2025 at 5:00 p.m

PubMatic & KERV.ai Partner to Enhance Programmatic Advertising with Premium Supply Curation via Deal IDs

Tue, 01/07/2025 - 09:43
AUSTIN, Texas--(BUSINESS WIRE)--KERV.ai, a leader in video analysis, performance, and monetization, today announced a strategic partnership with PubMatic, an independent technology company delivering digital advertising’s supply chain of the future. Through this collaboration, marketers can now layer KERV's portfolio of AI-powered interactive and shoppable video capabilities across PubMatic's premium inventory. "KERV's focus continues to be innovating with the industry's most forward-thinking p

Precidian Investments Builds Out Its ADRhedged ETF Lineup with Four New Strategies, Offering Targeted International Exposure with Integrated Currency Hedge

Tue, 01/07/2025 - 09:43
NEW YORK--(BUSINESS WIRE)---- $BP #ADR--Precidian Investments welcomes four new hedged-currency ETFs to its ADRhedged ETF lineup, giving investors new ways to access international equities.

Kestra Private Wealth Services Welcomes $400 Million Campus Private Wealth to Its Growing Community

Tue, 01/07/2025 - 09:43
AUSTIN, Texas--(BUSINESS WIRE)--Kestra Private Wealth Services (Kestra PWS), a registered investment adviser subsidiary of Kestra Financial, Inc., today announced that Campus Private Wealth has joined its platform. This partnership represents a shared commitment to delivering highly tailored client service. Based in Arlington, VA, Campus Private Wealth specializes in high-end generational wealth strategies. Founders Bill Milby, CEO and CIO, and Jason Lindner, COO, have tailored their approach t

Plumbline Services Named to ColoradoBiz Magazine List of Top Company: Consumer Business Award

Tue, 01/07/2025 - 09:43
DENVER--(BUSINESS WIRE)--Plumbline Services, a Wrench Group company, is thrilled to announce that it has been named to the 2024 Top Company: Consumer Business Award, as granted by ColoradoBiz Magazine. Of 45 companies expanding over 18 Colorado cities, Plumbline was awarded the winner for Top Consumer Business. Plumbline highlights 5-star service while hoping to achieve two main things - provide amazing service, while offering growth opportunities internally as Plumbline continues to expand. Pl

Lively’s Health Savings Accounts Have an Average Balance of 35% Higher Than Industry Average, Helping Account Holders Offset Rising Costs of Healthcare and Health Insurance

Tue, 01/07/2025 - 09:43
SAN FRANCISCO--(BUSINESS WIRE)-- #HSA--Lively, Inc., a top-rated health and lifestyle benefits platform* known for launching the modern Health Savings Account (HSA), today announces the release of its 2025 HSA Outlook report. As Americans continue to navigate economic volatility, financial stress is on the rise. HSAs, which offer tax-free savings, investing, and spending on health-related expenses, have long been a strategy for account holders to save for both the short and long term. This report help

Kasisto Appoints Joshua Schechter as Chief Product & Innovation Officer to Lead Next Wave of Agentic AI in Banking

Tue, 01/07/2025 - 09:43
NEW YORK--(BUSINESS WIRE)--Kasisto Appoints Joshua Schechter as Chief Product & Innovation Officer to Advance Agentic AI Leadership in Banking

Fazeshift Secures $4MM Seed Round Led by Gradient to Automate Accounts Receivable with AI

Tue, 01/07/2025 - 09:43
SAN FRANCISCO--(BUSINESS WIRE)--Fazeshift secures $4MM Seed Round Led by Gradient to Automate Accounts Receivable with AI

Reliance Matrix Announces Inaugural Reliance Matrix Championship Golf Tournament  

Tue, 01/07/2025 - 09:43
PHILADELPHIA--(BUSINESS WIRE)--Inaugural Reliance Matrix Championship, part of 2025 Epson Tour, to be held May 1-4 at Spanish Trail Country Club in Las Vegas.

Mercer Advisors Expands Footprint in Georgia With the Addition of Edward Vance Investment Management

Tue, 01/07/2025 - 09:43
DENVER--(BUSINESS WIRE)--Mercer Global Advisors, Inc. (“Mercer Advisors”), a national Registered Investment Adviser (RIA), today announced the acquisition of Edward Vance Investment Management (“Edward Vance”), an investment advisory and financial planning firm. This acquisition strengthens Mercer Advisors’ presence in Georgia, where Mercer Advisors has grown client assets from approximately $550 million in 2017 to over $4.5 billion today. Led by owner Edward Vance, CFP®, MBA, the Georgia-based

Northlane Capital Partners Invests in United States Drug Testing Laboratories

Tue, 01/07/2025 - 09:43
DES PLAINES, Ill.--(BUSINESS WIRE)--Northlane Capital Partners (“NCP”) announced today that it has invested in United States Drug Testing Laboratories Inc. (“USDTL”), a forensic toxicology laboratory testing for alcohol and substance use. NCP invested alongside USDTL’s management team and its founders, Veronica and Doug Lewis. USDTL is headquartered in Des Plaines, IL, and offers a broad suite of forensic testing capabilities. The company primarily serves hospitals, health systems, court system

Lovell Minnick Partners Announces Strategic Partnership with Broadstone

Tue, 01/07/2025 - 09:43
NEW YORK & LONDON--(BUSINESS WIRE)--Lovell Minnick Partners (“LMP”), a private equity firm focused on investments in financial services, business services and financial technology companies, today announced the signing of a definitive agreement to make a strategic growth investment in Broadstone. Broadstone is a leading, independent UK financial services consultancy delivering expert advice to employers, insurers, lenders and pension scheme trustees. This investment will enable Broadstone to fu

AEG Earns Top Score in Human Rights Campaign Foundation’s 2024-2025 Corporate Equality Index for Sixth Consecutive Year

Tue, 01/07/2025 - 09:43
LOS ANGELES--(BUSINESS WIRE)--AEG Earns Top Score in Human Rights Campaign Foundation’s 2024-2025 Corporate Equality Index for Sixth Consecutive Year

New York Life Wealth Watch 2025 Outlook: Americans’ financial confidence holds despite continued debt and inflation challenges

Tue, 01/07/2025 - 09:43
NEW YORK--(BUSINESS WIRE)--New York Life’s 2025 New Year Outlook Wealth Watch survey finds that financial confidence persists for American consumers, despite ongoing financial pressures. At the close of 2024, 64% of adults remain confident in their ability to meet their financial goals, reflecting the same level of confidence as late 2023. Americans were more aggressive in setting and reaching their savings goals this past year. Adults aimed to save $8,505.89 on average and actually saved $7,46

X9 Publishes Standard for QR Code Protection Using Cryptography

Tue, 01/07/2025 - 09:43
ANNAPOLIS, Md.--(BUSINESS WIRE)-- #Jeff_Stapleton--X9 has published a new standard, X9.148, that specifies the use of cryptography to protect QR Codes.

Mercer Advisors Enters Bend, Oregon Market, Onboards Two Experienced Financial Advisors

Tue, 01/07/2025 - 09:43
DENVER--(BUSINESS WIRE)--Mercer Global Advisors, Inc. (“Mercer Advisors”), a national Registered Investment Adviser (RIA), today welcomes two distinct financial advisors – Dave Stuehling and John Swanson. Stuehling and Swanson are both based in Bend, Oregon, giving Mercer Advisors a strategic presence in one of the nation’s fastest-growing cities. Dave Stuehling Stuehling, who oversees approximately $114 million in assets, partnered with Mercer Advisors to benefit from the firm’s extensive clie

Morris, Manning & Martin Promotes Five Attorneys to Counsel in Year of Advancement for Women at Firm

Tue, 01/07/2025 - 09:43
ATLANTA--(BUSINESS WIRE)--Morris, Manning & Martin has promoted five attorneys to counsel in a year of advancement for women at the firm.

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