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Tyfone, OMNICOMMANDER Partner to Enhance Digital Marketing Solutions for Clients

Lastest from Businesswire - Wed, 06/18/2025 - 08:51
PORTLAND, Ore.--(BUSINESS WIRE)-- #DigitalBanking--Tyfone, OMNICOMMANDER Partner to Enhance Digital Marketing Solutions for Clients

Turnspire Announces Successful Recapitalization of USG Water Solutions

Lastest from Businesswire - Wed, 06/18/2025 - 08:51
NEW YORK--(BUSINESS WIRE)--Turnspire Capital Partners LLC (“Turnspire”) is pleased to announce that its portfolio company USG Water Solutions, LLC (“USG” or the “Company”) completed a successful recapitalization. Wells Fargo served as Administrative Agent of USG's new credit facilities and solely provided the Company’s new revolving credit facility. Overland Advantage acted as sole Lead Arranger. The proceeds are being used to repay USG’s prior debt, support investment in the Company’s diversif

EY US Announces Arad Levertov of Sunbit as an Entrepreneur Of The Year® 2025 Greater Los Angeles Award Winner

Lastest from Businesswire - Wed, 06/18/2025 - 08:51
LOS ANGELES--(BUSINESS WIRE)--Ernst & Young LLP (EY US) announced that Arad Levertov, CEO of Sunbit was named an Entrepreneur Of The Year 2025 Greater Los Angeles Award winner. Entrepreneur Of The Year is the preeminent competitive awards program for entrepreneurs and leaders of high-growth companies. For 40 years, EY US has celebrated ambitious entrepreneurs who are transforming industries, impacting communities and creating long-term value. Mr. Levertov was chosen by an independent panel

SLR Credit Solutions Agents Senior Credit Facility for Velocity One

Lastest from Businesswire - Wed, 06/18/2025 - 08:51
BOSTON--(BUSINESS WIRE)--Velocity One, a portfolio company of Charlesbank Capital Partners and an industry leader that designs, manufactures, and supports a wide range of products for the Aerospace and Defense markets, today announced that it has closed on a new senior credit facility with SLR Credit Solutions comprised of a revolver and term loan. Proceeds of the new credit facility will be used to refinance existing debt and provide the company with the liquidity and flexibility it needs to p

Actio Biosciences Secures $66 Million Series B Financing to Advance Genetics-Driven Pipeline of Small Molecule Therapeutics for Rare and Common Diseases

Lastest from Businesswire - Wed, 06/18/2025 - 08:51
SAN DIEGO--(BUSINESS WIRE)--Actio Biosciences, a clinical-stage biotechnology company leveraging a novel approach to genetics and precision medicine to develop new therapeutics that target shared underlying biology in both rare and common diseases, today announced the closing of a $66 million Series B financing. New investor Regeneron Ventures and current investor Deerfield Management co-led the financing, with participation from existing investors Canaan, Droia Ventures and Euclidean Capital.

CIBC Innovation Banking Provides Growth Financing to Carefull to Accelerate Expansion

Lastest from Businesswire - Wed, 06/18/2025 - 08:51
SAN FRANCISCO--(BUSINESS WIRE)--CIBC Innovation Banking is pleased to announce a growth capital financing to Carefull, a leading financial safety platform focused on protecting aging adults from financial fraud and exploitation. This financing will further accelerate the company’s expansion, bringing its innovative financial protection solution to more families, financial institutions, and wealth managers. Carefull’s AI-powered platform was designed in direct response to the growing threat of f

Neovera Adds Adversarial Fraud Control Testing with Acquisition of Greenway Solutions

Lastest from Businesswire - Wed, 06/18/2025 - 08:51
RESTON, Va.--(BUSINESS WIRE)--Neovera today announced its acquisition of Greenway Solutions, the leading firm in adversarial fraud testing.

Thompson Street Capital Partners Acquires Bubbakoo’s Burritos, a Rapidly Growing Mexican-Fusion Fast-Casual Franchisor

Lastest from Businesswire - Wed, 06/18/2025 - 08:51
ST. LOUIS--(BUSINESS WIRE)--Thompson Street Capital Partners (TSCP), a private equity firm based in St. Louis, announced today it has acquired Bubbakoo’s Burritos (Bubbakoo’s), a New Jersey-based franchisor of fast-casual Mexican-fusion restaurants. Terms of the transaction were not disclosed. Founded in 2008 in Wall Township, New Jersey by restaurant industry veterans Bill Hart and Paul Altero, Bubbakoo’s delivers a bold twist on traditional Mexican fare. With a focus on made-to-order food and

Audax Private Equity’s Origins Strategy Completes Thermogenics Exit

Lastest from Businesswire - Wed, 06/18/2025 - 08:51
BOSTON & SAN FRANCISCO--(BUSINESS WIRE)--Audax Private Equity (“Audax”), a capital partner for middle and lower-middle market companies, announced today that it has completed the sale of Thermogenics, a provider of industrial and commercial boiler service and maintenance across North America. Morgan Stanley Capital Partners (“MSCP”) acquired Thermogenics as part of a new investment in the company that closed on June 10, 2025. Terms of the deal are not disclosed. “Thermogenics represented our ve

Modiv Industrial Declares Quarterly Dividends for Preferred Shareholders and Monthly Distributions for Common Shareholders

Lastest from Businesswire - Wed, 06/18/2025 - 08:51
DENVER--(BUSINESS WIRE)--Modiv Industrial, Inc. (“Modiv Industrial,” “Modiv” or the “Company”) (NYSE:MDV), the only public REIT exclusively focused on acquiring industrial manufacturing real estate properties, announced the declaration of a regular quarterly cash dividend of $0.4609375 per share on the Company’s 7.375% Series A Cumulative Redeemable Perpetual Preferred Stock, $0.001 par value per share (the “Series A Preferred Stock”), for the second quarter of 2025 and the declaration of a reg

SS&C to Power Wesleyan’s New Digital-First Wealth Platform

Lastest from Businesswire - Wed, 06/18/2025 - 05:51
WINDSOR, Conn.--(BUSINESS WIRE)--SS&C to Power Wesleyan’s New Digital-First Wealth Platform. Wesleyan selected SS&C Hubwise to deliver the new platform.

Star Mountain Capital Founder & CEO Brett Hickey Receives Corporate Social Responsibility Award from the Foreign Policy Association

Lastest from Businesswire - Wed, 06/18/2025 - 05:51
NEW YORK--(BUSINESS WIRE)--Star Mountain Capital, LLC (“Star Mountain”), a specialized, employee‑owned private‑markets firm with over $4 billion in assets under management (“AUM”), is pleased to announce that its Founder & Chief Executive Officer, Brett Hickey, has been honored with the Corporate Social Responsibility Award by the Foreign Policy Association (“FPA”) at its annual dinner held on June 5, 2025 at the Harvard Club of New York City. This year’s event gathered leaders from busines

Kearney and the World Economic Forum Outline Three Priorities for Advanced Air Mobility: Real-World Implementation, Cross-Sector Collaboration, and Early Drone Insights

Lastest from Businesswire - Wed, 06/18/2025 - 02:50
LONDON--(BUSINESS WIRE)--Leading global consultancy Kearney, in partnership with the World Economic Forum, has today published a new report highlighting the rapid evolution of advanced air mobility (AAM) from concept to practical deployment. Expected to redefine transport and enable critical services such as infrastructure inspection, wildfire detection, and emergency response, the AAM market is projected to grow to nearly 80 billion dollars by 2034.1 To ensure that this growth is responsible a

Metropolitan Earns Excellent Credit Ratings From Top Rating Agencies

Lastest from Businesswire - Tue, 06/17/2025 - 23:50
LOS ANGELES--(BUSINESS WIRE)--Citing strong financial policies and prudent planning in a challenging water environment, the nation’s top rating agencies have again assigned the Metropolitan Water District of Southern California excellent credit ratings. In recent weeks, S&P reaffirmed Metropolitan’s AAA/stable rating and Moody’s reaffirmed an Aa1/stable rating for the recent sale of $132 million series 2025A water revenue refunding bonds on its senior lien. In addition, last week Metropolit

Business Roundtable Launches New Workforce Initiative to Strengthen Talent Pipelines for Skilled Trades

Lastest from Businesswire - Tue, 06/17/2025 - 20:50
WASHINGTON--(BUSINESS WIRE)--Business Roundtable today launched a Skilled Trades Initiative to be co-championed by the CEOs of Lowe's and Carrier Global Corporation.

KBRA Assigns AA+ to City of El Paso, TX General Obligation Refunding Bonds, Series 2025; Affirms Ratings for Related Bonds

Lastest from Businesswire - Tue, 06/17/2025 - 20:50
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a long-term rating of AA+ to the City of El Paso, TX General Obligation Refunding Bonds, Series 2025. KBRA additionally affirms the long term rating of AA+ for the City's outstanding General Obligation Bonds and Combination Tax and Revenue Certificates of Obligation. The rating Outlook is Stable. Key Credit Considerations The rating actions reflect the following key credit considerations: Credit Positives Total unassigned and committed general fund balanc

Dwight Mortgage Trust Announces Issuance of Inaugural Commercial Real Estate CLO

Lastest from Businesswire - Tue, 06/17/2025 - 17:50
MIAMI--(BUSINESS WIRE)--Dwight Mortgage Trust LLC, a leading commercial real estate investment and finance platform, today announced the pricing of its inaugural Commercial Real Estate Collateralized Loan Obligation (“CRE CLO”), DWIGHT 2025-FL1, a $925 million securitization backed by a diversified pool of multifamily mortgage loans. The transaction marks a significant milestone for Dwight Mortgage Trust, expanding its capital markets capabilities and further institutionalizing its real estate

KBRA Assigns Preliminary Ratings to Second Refinancing of Hildene TruPS Securitization 3, Ltd.

Lastest from Businesswire - Tue, 06/17/2025 - 17:50
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to six classes of refinancing notes issued by Hildene TruPS Securitization 3, Ltd. (HITR3), a securitization backed by a portfolio of bank and insurance TruPS CDO assets. The transaction originally closed in June 2020 as Hildene TruPS Securitization 2020-3 Ltd and had an initial refinancing in August 2021. This transaction will include an upsize of $43.7 million of new assets and resets the terms of the securitization including the sta

KKR Income Opportunities Fund Declares Monthly Distributions of $0.1215 Per Share

Lastest from Businesswire - Tue, 06/17/2025 - 17:50
NEW YORK--(BUSINESS WIRE)--KKR Income Opportunities Fund (the “Fund”) (NYSE: KIO) today announced its monthly distributions of $0.1215 per common share, payable on the dates below. Based on the Fund’s current share price of $12.27 per share (as of market close on June 16, 2025), the distributions represent an annualized distribution rate of 11.88%, (calculated by annualizing the distribution amount and dividing it by the current price). The monthly distribution schedule is as follows for the mo

First Farmers and Merchants Corporation Declares Quarterly Cash Dividend of $0.27 Per Share

Lastest from Businesswire - Tue, 06/17/2025 - 17:50
COLUMBIA, Tenn.--(BUSINESS WIRE)--First Farmers and Merchants Corporation (OTC Pink: FFMH), the holding company for First Farmers and Merchants Bank, today announced that its Board of Directors has declared the Company’s regular quarterly cash dividend of $0.27 per share, which will be paid on July 16, 2025, to shareholders of record as of July 1, 2025. The dividend represents a 12.5% increase compared with the cash dividend paid during the same period last year. About First Farmers and Merchan

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