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GenNx360 Capital Partners Completes Sale of Precision Aviation Group to VSE Corporation for Approximately $2.025 Billion in Cash and Equity.
NEW YORK--(BUSINESS WIRE)--GenNx360 Capital Partners (“GenNx360”), a New York-based private equity firm, has announced the sale of its portfolio company, Precision Aviation Group, Inc. (“PAG” or the “Company”), to VSE Corporation (“VSE”) for a total upfront consideration of approximately $2.025 billion in cash and equity. Founded in 1996 and headquartered in Atlanta, Georgia, PAG is a best-in-class global provider of aviation maintenance, repair and overhaul (“MRO”) services, distribution and s
401GO Unveils New Headquarters in Sandy to Support Explosive Growth
SANDY, Utah--(BUSINESS WIRE)-- #401GO--401GO, a leading fintech company modernizing the retirement industry, celebrated the grand opening of its new 36,030-square-foot campus at the Towne Ridge Center in Sandy, Utah. Hosted in partnership with the South Valley Chamber of Commerce, the event marked a significant expansion for the company, which recently closed a $33M Series B funding round and surpassed the 100-employee milestone. The move represents a six-fold increase in physical footprint from 401GO’s
Joe Futty Named 2026 CPO Award Winner by Products That Count
NEW YORK--(BUSINESS WIRE)--Pipedrive, the easy and intelligent CRM for small and medium-sized businesses (SMBs), today announced that Joe Futty, Chief Product & Technology Officer at Pipedrive, has been named a 2026 CPO award winner by Products That Count. The award program recognizes product leaders who drive meaningful business impact through innovation and customer-focused development. “This recognition is really a reflection of the work happening across the entire Pipedrive team,” said
Vestis Reports Second Quarter 2026 Results and Increases Full Year 2026 Outlook
ATLANTA--(BUSINESS WIRE)--Vestis Corporation (NYSE: VSTS), a leading provider of uniforms and workplace supplies, today announced its financial results for the fiscal second quarter ended April 3, 2026. Second Quarter 2026 Highlights Revenue of $659.4 million Net Income of $2.6 million or $0.02 per diluted share Adjusted Net Income* of $21.8 million or $0.16 per diluted share Adjusted EBITDA* of $74.5 million Cash Flow Provided by Operating Activities of $58.3 million, Free Cash Flow* of $45.6
Bridge Growth Partners Adds Tech Industry Leaders Raghu Ramanathan and Zane Rowe
NEW YORK--(BUSINESS WIRE)--Bridge Growth Partners, LLC, a leading technology investment firm, today announced the addition of Ragunath (Raghu) Ramanathan as Executive Partner and Zane Rowe as Senior Advisor. Both executives bring extensive experience scaling global technology businesses and longstanding relationships with the Bridge Growth team. Mr. Ramanathan previously served on the board of prior Bridge Growth company Syniti, a global leader in enterprise data management acquired by Capgemin
MRI-Simmons Launches Streaming + Local Study to Unlock Deeper Consumer Insights Across 205 U.S. Markets
NEW YORK--(BUSINESS WIRE)--In a step forward for local media planning, MRI-Simmons has launched a new Streaming + Local Study, offering advertisers comprehensive insights into evolving media habits and other consumer behaviors across 205 local U.S. markets. The Streaming + Local Study combines insights from two core MRI-Simmons studies; Cord Evolution and Local Flex. Cord Evolution examines why and how viewers shift from traditional TV to streaming platforms, and tracks viewing behaviors across
Prometheum Capital Launches Digital Brokerage Solutions, Enabling Broker-Dealers to Offer Crypto Assets Through Traditional Brokerage Accounts
NEW YORK--(BUSINESS WIRE)--Prometheum Inc. (“Prometheum”), a market infrastructure provider for crypto assets, today announced the launch of Prometheum Capital's Digital Brokerage Solutions, a suite of correspondent clearing, custody, and trading services that enable broker-dealers to offer clients access to the full spectrum of crypto assets – including digitally-native securities, tokenized securities, and select crypto tokens – through traditional brokerage accounts. Inaugural correspondent
HuLoop Launches Agentic Operations to Orchestrate Intelligent Agents, Operationalize AI Across the Enterprise
AUBURN, Calif.--(BUSINESS WIRE)--HuLoop Automation, a leader in AI-powered work optimization, today announced the launch of Agentic Operations, a new module designed to orchestrate, manage and govern intelligent agents at scale across its unified work optimization platform. As organizations accelerate AI adoption, many struggle to move beyond isolated use cases. While AI capabilities have advanced rapidly, operationalizing AI in a structured, reliable and governed way remains a challenge. Agent
Goldman Sachs Alternatives Acquires FGI Worldwide
NEW YORK--(BUSINESS WIRE)--FGI has been acquired by Goldman Sach's Alternatives Private Equity group.
Paymentology Raises $175 Million co-led by Apis Partners and Aspirity Partners to Support Next Phase of Growth
LONDON--(BUSINESS WIRE)--Paymentology, the leading global issuer-processor, today announced a $175 million investment co-led by Apis Partners and Aspirity Partners.
TCW Expands Global Fixed Income Platform with Launch of Global Bond UCITS Fund
LOS ANGELES--(BUSINESS WIRE)--TCW, a premier global asset management firm, today announced the launch of the TCW Global Bond Fund, a subfund of TCW Funds, a Luxembourg-domiciled UCITS (the “Fund”), expanding the firm’s UCITS fixed income offerings and maximizing use of TCW’s full range of global bond capabilities. The Fund provides actively managed exposure to global fixed income markets and is benchmarked to the Bloomberg Global Aggregate Index (unhedged). The strategy is designed for investor
QIAGEN to Appoint Dr. Metin Colpan as Honorary Chairman of the Supervisory Board, Continue Governance Renewal and Propose Increased Returns at 2026 Annual General Meeting
VENLO, Netherlands--(BUSINESS WIRE)---- $QGEN #QIAGEN--QIAGEN (NYSE: QGEN; Frankfurt Prime Standard: QIA) today announced proposals for its 2026 Annual General Meeting, including plans to appoint co-founder and former Chief Executive Officer Dr. Metin Colpan as Honorary Chairman, the continued renewal of the Supervisory Board and increased returns to shareholders. The Annual General Meeting, to be held on June 24, 2026, in Venlo, the Netherlands, will include proposals to elect Robert McMahon as a new member of
Lone Star Funds Completes Acquisition of DOMO Engineered Materials
DALLAS & NEW YORK & LONDON & TOKYO & MILAN & BERGAMO, Italy--(BUSINESS WIRE)--Lone Star Funds (“Lone Star”) today announced that an affiliate of Lone Star Fund XII, L.P. has completed the acquisition of DOMO Engineered Materials (“DOMO EM”), a business division of DOMO Group. DOMO EM is a global leader in the development and production of polyamide-based engineered materials and its leading TECHNYL® brand supports a wide range of high-performance applications in the automotive, electrical and e
Santa Clara County Counsel Files Landmark Civil Prosecution Taking On Meta’s Role in Massive Consumer Fraud
SANTA CLARA COUNTY, Calif.--(BUSINESS WIRE)--Santa Clara County Counsel Tony LoPresti filed a landmark civil prosecution against Meta Platforms, Inc. The action, which is the first brought in California and the first brought by a local civil prosecutor in the nation, alleges that Meta knowingly facilitates and profits from billions of scam advertisements on its popular Facebook and Instagram platforms that defraud seniors and families and squeeze legitimate small businesses out of fair access t
ProShares Announces ETF Share Splits
BETHESDA, Md.--(BUSINESS WIRE)--ProShares, a premier provider of ETFs, announced today forward and reverse share splits on 17 of its ETFs.
Cove Capital Investments, LLC Fully Subscribes Debt-Free Cove Diversified Portfolio 88 DST
LOS ANGELES--(BUSINESS WIRE)--Cove Capital Investments, LLC announced its Cove Diversified Portfolio 88 DST, a Regulation D Rule 506(c) offering, is fully subscribed. The total equity raised was $27,689,229. The all-cash, debt-free DST structure was designed to potentially mitigate the risk of lender foreclosure or cash flow sweeps. "We thank our clients and the entire Cove selling group," said Dwight Kay, Managing Member and Founding Partner. "Cove Capital is now considered one of the largest
PLNT Investigation: BFA Law Announces Planet Fitness Investigation on behalf of Investors after 31% Stock Drop – Contact BFA Law if You Lost Money
NEW YORK--(BUSINESS WIRE)---- $PLNT #BFA--Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Planet Fitness, Inc. (NYSE:PLNT) for potential securities fraud after its significant stock drop. If you invested in Planet Fitness, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/planet-fitness-class-action-lawsuit. Key Details of the Planet Fitness ($PLNT) Class Action Investigation: Investigation Overview: Securities fraud regard
Walker & Dunlop 2026 HUD Outlook: HUD Moves From Backup Plan to First Look
BETHESDA, Md.--(BUSINESS WIRE)--As a leader in HUD financing, Walker & Dunlop, Inc. shares emerging news and regulatory updates in its newly published 2026 HUD Outlook, “Modernization, Competitiveness, and Strategic Opportunity.” The report comes as HUD recently issued its Mortgagee Letter aimed at reducing friction and improving execution for FHA-insured transactions, further strengthening its position as a competitive financing solution for multifamily and seniors housing investors. After
FORWARD AIR CORPORATION INVESTOR ALERT: Kirby McInerney LLP Announces Investigation Into Potential Securities Fraud
NEW YORK--(BUSINESS WIRE)--The law firm of Kirby McInerney LLP is investigating potential claims against Forward Air Corporation (“Forward Air” or the “Company”) (NASDAQ:FWRD). The investigation concerns whether the Company and/or members of its senior management may have violated federal securities laws or engaged in other unlawful business practices. [LEARN MORE ABOUT THE INVESTIGATION] What Happened? On May 7, 2026, Forward Air reported its first quarter 2026 financial results and provided a
Stonepeak to Acquire BMO Transportation and Vendor Finance
NEW YORK & TORONTO--(BUSINESS WIRE)--Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, and BMO Financial Group (TSX: BMO) (NYSE: BMO), the eighth largest bank in North America by assets, today announced that they have reached an agreement whereby Stonepeak will acquire BMO’s Transportation Finance and Vendor Finance businesses (collectively, “BMO Transportation and Vendor Finance”). As part of the transaction, BMO will reinvest a 19.9% minority int
