Lastest from Businesswire
White Oak Commercial Finance Provides $25 Million Senior Facility to Winter Apparel Company
NEW YORK--(BUSINESS WIRE)--White Oak Commercial Finance, LLC (“WOCF”), an affiliate of White Oak Global Advisors, LLC, (“White Oak”) has closed a $25 million Senior Secured Facility (“Facility”) to a leading cold weather apparel supplier, engaged in the production and distribution of snow pants, jackets, base layers, and accessories. “Our in-depth understanding of the apparel space, combined with our ability to deliver flexible solutions, provided an ideal fit to support the continued growth of
WisdomTree Reports Monthly Metrics for December 2023
NEW YORK--(BUSINESS WIRE)--WisdomTree, Inc. (NYSE: WT), a global financial innovator, today released monthly metrics for December 2023, including assets under management (AUM) and flow data by asset class. Monthly Commentary: $765 million of net outflows in December driven primarily by a risk-on re-allocation out of the U.S. Floating Rate Treasury Fund and profit taking in commodity products Organic revenue growth in Q4 2023 notwithstanding net outflows of $254 million during the quarter, as in
Getty Realty Corp. Provides 2023 Business Update
NEW YORK--(BUSINESS WIRE)--Getty Realty Corp. (NYSE: GTY) (“Getty” or the “Company”) today provided an update on the Company’s fourth quarter and full year 2023 business activities. The Company also provided its initial full year 2024 earnings guidance. 2023 Highlights Invested approximately $326 million in convenience and automotive retail assets, a record year of investment activity for the Company, including approximately $61 million in the fourth quarter. Committed investment pipeline of ap
Ahead of FTC’s ‘Click to Cancel’ Hearing, 38% of Consumers Say They Will Cancel Subscriptions if Prices Rise
ARLINGTON, Va.--(BUSINESS WIRE)--Businesses risk losing paid subscribers amidst growing financial strains, according to Capterra’s Subscription Survey.
BioCT Welcomes Accomplished Life Science Executives to Board of Directors
NEW HAVEN, Conn.--(BUSINESS WIRE)--BioCT, the trade organization for the life sciences industry for the State of Connecticut, today announced the addition of four distinguished executives to its Board of Directors. The organization has elected Jean-Michel Boers, US Country Managing Director, President and CEO, Boehringer Ingelheim USA; Kat Kayser-Bricker, Chief Scientific Officer, Halda Therapeutics; Paul Fonteyne, Executive in Residence, Canaan; and Seng H. Cheng, Senior Vice President, Resear
Mahalo Banking Appoints Jason Thomas to Help Further Accelerate Customer Growth
TROY, Mich.--(BUSINESS WIRE)-- #DigitalBanking--Mahalo Banking Appoints Jason Thomas to Help Further Accelerate Customer Growth
Kainos Capital Continues to Develop Investment and Operations Team Through Promotions
DALLAS--(BUSINESS WIRE)--Kainos Capital ("Kainos"), a food and consumer-focused private equity firm, today announced two team promotions: Steven Koch has been promoted to Principal from Vice President. Mr. Koch will be actively involved in leading the evaluation and execution of transactions, and management of portfolio companies. He will also continue to help train and develop associates, and serve as a member of the firm’s ESG Committee. Alex Stanek has been promoted to Manager on the Kainos
SPAR Group Sells Interest in Australia and NMS Joint Ventures
AUBURN HILLS, Mich.--(BUSINESS WIRE)--Divestiture allows SPAR Group to concentrate on most profitable businesses
Atlas Holdings Announces Formation of Atlas Properties Platform to Invest in Industrial Real Estate
GREENWICH, Conn.--(BUSINESS WIRE)--Atlas Holdings LLC (“Atlas”) today announced the formation of Atlas Properties, a real estate investment vehicle established with a consortium of best-in-class, long term-oriented investors. Concurrent with its formation on December 21, 2023, Atlas Properties purchased a diverse portfolio of 23 mission-critical industrial properties located throughout the United States for total consideration of $300 million. Investors in Atlas Properties have committed over $
Mitsubishi Electric America Foundation Senior Director Kevin Webb Appointed to Consumer Technology Association Foundation Board
LAS VEGAS & WASHINGTON--(BUSINESS WIRE)--Mitsubishi Electric has announced that senior director Kevin Webb has been appointed to the Consumer Technology Association Foundation (CTFA) board.
Electriq Power to Launch 10 New Sustainable Community Networks in California Under the PoweredUp Network Program
WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Electriq Power Holdings, Inc. (“Electriq”) (NYSE:ELIQ), a trusted provider of intelligent energy storage and management solutions for homes and small businesses, announced today that it will launch 10 new Sustainable Community Networks (SCN) in municipalities in Los Angeles County under one contract. Through the Sustainable Community Networks program, known as PoweredUp Network, Electriq offers zero-upfront cost solar + battery storage systems to qualifyi
DRVN INVESTOR NOTICE: Robbins Geller Rudman & Dowd LLP Announces that Driven Brands Holdings Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
SAN DIEGO--(BUSINESS WIRE)--The suit alleges defendants issued false statements re: Driven Brands business and prospects, resulting in its stock trading at inflated prices.
Ault Alliance to Begin Holding Bitcoin on Its Balance Sheet, Marking Change in Financial Strategy
LAS VEGAS--(BUSINESS WIRE)---- $AGREE #151_Bitcoin_Mined_December_2023--Ault Alliance to Begin Holding Bitcoin on Balance Sheet Marking Change in Financial Strategy; Current Bitcoin Mining Ops Annual Run Rate $83 Million
NewEdge Wealth Adds Veteran Municipal Bond Manager Kevin McIntyre to Investment Team
STAMFORD, Conn.--(BUSINESS WIRE)--NewEdge Wealth, LLC, a registered investment adviser specializing in servicing the needs of ultra high net worth families, family offices and institutional clients, has appointed Kevin McIntyre as Principal, Municipal Bond Portfolio Manager. With nearly 30 years of experience, McIntyre is an esteemed professional in municipal bond portfolio management with a focus on separately managed accounts. He served as a Senior Municipal Portfolio Manager and Executive Di
Bloomreach and Sonepar to Power Continued Search Relevance for Customers
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Bloomreach, the platform fueling limitless e-commerce experiences, today announced Bloomreach Discovery will continue to power product discovery for Sonepar, the global world leader in B-to-B distribution of electrical products, solutions, and related services, as the companies renew their existing partnership. With Bloomreach Discovery’s AI-driven search and merchandising capabilities, Sonepar enables customers around the world to find what they want to
Lifezone Metals Announces Completion of Funding for Phase 1 Platinum, Palladium and Rhodium Recycling Joint Venture with Glencore
NEW YORK--(BUSINESS WIRE)-- #100recycled--Lifezone Metals Limited’s (NYSE: LZM) Chief Executive Officer, Chris Showalter, is pleased to announce the signing of the Subscription Agreement and completion of funding for Phase 1 of the joint venture with a wholly owned subsidiary of Glencore plc (LSE: GLEN) for a platinum, palladium and rhodium (collectively platinum group metals or “PGMs”) recycling project which will utilize Lifezone Metals’ hydrometallurgical technology (“Hydromet”). Phase 1 of the joint ventu
Franklin BSP Realty Trust, Inc. Schedules Fourth Quarter 2023 Earnings Release and Conference Call
NEW YORK--(BUSINESS WIRE)--Franklin BSP Realty Trust, Inc. (NYSE: FBRT) (“FBRT” or the “Company”) today announced that it will release its fourth quarter 2023 results on Wednesday, February 14, 2024, after the close of trading on the New York Stock Exchange. The Company will host a conference call and live audio webcast to discuss its financial results on Thursday, February 15, 2024, at 9:00 a.m. ET. All conference call and webcast information can be found on the Company’s website at https://ww
GCX selects Prodapt as Strategic IT Transformation and Network Operations Partner
LONDON--(BUSINESS WIRE)-- #BusinessProcesses--GCX selects Prodapt as Strategic IT Transformation and Network Operations Partner.
Corsair to Acquire MJM Holdings, a Leading European Commercial Insurance Broker
NEW YORK & WARSAW, Poland--(BUSINESS WIRE)--Corsair, a leading private equity firm targeting payments, software, and business services investments in the financial services market, announced that it has signed a definitive agreement to acquire a majority stake in MJM Holdings (“MJM” or “the Company”), a leading independent commercial insurance broker based in Poland. Terms of the transaction were not disclosed. MJM is a fast-growing insurance brokerage platform founded in 2017 with the goal to
Imraan Soomra Appointed as CEO of EASE Holdings BV
ROTTERDAM, Netherlands--(BUSINESS WIRE)--African Asset Finance Company (AAFC), a provider of cost-effective access to cutting-edge equipment in emerging and frontier markets through leasing, asset finance, and Equipment-as-a-Service (EASE®), announces the appointment of Imraan Soomra as Chief Executive Officer (CEO) and Executive Board Member of EASE Holdings BV. Soomra joined AAFC as Chief Operations Officer (COO) in January 2022. He has successfully managed the growth of the EASE® Healthcare