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Forum Investment Group Strengthens Credit Platform with New Head of Debt

Lastest from Businesswire - Wed, 06/04/2025 - 11:43
DENVER--(BUSINESS WIRE)--Forum Investment Group is pleased to announce that Jason Brooks has joined the firm as Head of Debt, bringing more than 22 years of capital markets, real estate securities, and investment management experience to the organization. In this newly created leadership role, Jason will oversee all aspects of Forum’s public credit-related investment activities and strategies, helping to scale the firm’s credit platform and expand its capabilities in real estate lending and str

Jopari Solutions and Waystar Partner to Deliver Seamless eBilling Solution for Providers Nationwide

Lastest from Businesswire - Wed, 06/04/2025 - 11:43
CONCORD, Calif.--(BUSINESS WIRE)--Jopari Solutions, a pioneer in healthcare information technology known for its innovative electronic billing, attachment management, and payment solutions, is pleased to reaffirm its strategic partnership with Waystar, a leading provider of revenue cycle and healthcare payment technology. Together, the two companies are delivering a fully integrated, compliant eBilling solution that streamlines provider workflows and enhances revenue cycle performance across th

AM Best Assigns Credit Ratings to Accelerant Re I.I.; Affirms Credit Ratings of Accelerant Holdings’ Rated Subsidiaries

Lastest from Businesswire - Wed, 06/04/2025 - 11:43
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has assigned a Financial Strength Rating (FSR) of A- (Excellent) and a Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” (Excellent) to Accelerant Re I.I. (ARPR) (Puerto Rico). The outlook assigned to these Credit Ratings (ratings) is stable. Concurrently, AM Best has affirmed the FSR of A- (Excellent) and the Long-Term ICRs of “a-” (Excellent) of Accelerant Insurance Europe SA (AIE) (Belgium), Accelerant Insurance UK Limited (AIUK) (United Kingdom),

Tri Counties Bank Announces Business and Commercial Banking Expansion

Lastest from Businesswire - Wed, 06/04/2025 - 11:43
CHICO, Calif.--(BUSINESS WIRE)---- $TCBK #AgribusinessBanking--Tri Counties Bank has restructured its business and commercial management teams to provide more specialized expertise and superior service for California businesses. This move strengthens Tri Counties Bank’s ability to better serve businesses of all sizes with streamlined access to specialized lending, helping businesses scale faster, navigate market fluctuations, and seize growth opportunities. The restructuring ensures businesses receive tailored financial solu

Denver Ventures Launches, Announces New $20M Fund I to Invest in Early-Stage Leaders With Founder DNA

Lastest from Businesswire - Wed, 06/04/2025 - 11:43
DENVER--(BUSINESS WIRE)--Denver Ventures, a cornerstone of Colorado’s startup ecosystem, today announced its launch with the successful close of its first dedicated seed fund, Denver Ventures Seed Fund I, oversubscribing the target raise with over $20 million in capital commitments. The new investment platform builds on the foundation established by Denver Angels, the original investment group, and currently manages over $60 million in assets across multiple investment vehicles. Denver Ventures

Bloomberg Expands Alternative Data Offering with Web Traffic Data from Similarweb

Lastest from Businesswire - Wed, 06/04/2025 - 11:43
NEW YORK--(BUSINESS WIRE)--Bloomberg today announced the availability of Similarweb’s web traffic data on the Bloomberg Terminal via {ALTD<GO>}, significantly enhancing its alternative data offering with near real-time insights into online traffic performance that will grow to cover 3,000 public and private companies. Complementing existing alternative datasets on Bloomberg’s Alternative Data Analytics Platform, which include consumer transaction data analytics from Bloomberg Second Measu

D.A. Davidson &amp; Co. Acts as Exclusive Strategic and Financial Advisor to Delta Data on Their Sale to BetaNXT

Lastest from Businesswire - Wed, 06/04/2025 - 11:43
NEW YORK--(BUSINESS WIRE)--D.A. Davidson & Co. announced today that it served as the exclusive financial and strategic advisor to Delta Data, a provider of operational software solutions tailored for fund distributors, asset managers, and transfer agents, on their sale to BetaNXT, a provider of wealth management technology solutions backed by Clearlake Capital Group and Motive Partners. “We’re grateful to Terminus Capital Partners for their steadfast support and strategic insight over the p

Save A Lot Releases 2024 Social Impact Report

Lastest from Businesswire - Wed, 06/04/2025 - 11:43
ST. LOUIS--(BUSINESS WIRE)--Save A Lot, one of the largest discount grocery chains in the U.S., today announced the release of the A Lot of Good Report 2024, a social impact overview detailing the company’s work to drive continued value for stakeholders. The report offers a snapshot of key initiatives, programs and stories that highlight the 48-year-old company’s progress in creating a positive impact for Team Members, Retail Partners, customers and communities. “From our founding in 1977, Save

AM Best Upgrades Issuer Credit Rating of Associated Electric &amp; Gas Insurance Services Limited

Lastest from Businesswire - Wed, 06/04/2025 - 11:43
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “a+” (Excellent) from “a” (Excellent) and affirmed the Financial Strength Rating (FSR) of A (Excellent) of Associated Electric & Gas Insurance Services Limited (AEGIS) (Hamilton, Bermuda). The outlook of the Long-Term ICR has been revised to stable from positive while the outlook of the FSR is stable. The Credit Ratings (ratings) reflect AEGIS’ balance sheet strength, which AM Best ass

Top Restructuring Lawyers Kyle Ortiz and Brian Shaughnessy Join Herbert Smith Freehills Kramer in New York

Lastest from Businesswire - Wed, 06/04/2025 - 11:43
NEW YORK--(BUSINESS WIRE)--Herbert Smith Freehills Kramer announced today that leading restructuring attorneys Kyle J. Ortiz and Brian F. Shaughnessy have joined the firm as partners in its Bankruptcy and Restructuring Group. Ortiz and Shaughnessy advise debtors, creditors, and other parties in interest in complex restructurings both in and out of court. On June 1, 2025, Kramer Levin officially combined with Herbert Smith Freehills to become Herbert Smith Freehills Kramer, known as HSF Kramer.

AM Best to Sponsor and Participate at PAMIC’s 2025 Leadership Symposium

Lastest from Businesswire - Wed, 06/04/2025 - 11:43
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best will sponsor and participate in the Pennsylvania Association of Mutual Insurance Companies’ (PAMIC) 2025 Leadership Symposium, which will be held June 17-18, 2025, at the Omni Bedford Springs Resort, in Bedford, PA. AM Best Director Joseph Burtone will present AM Best’s perspective on the state of the insurance industry on Wednesday, June 18, titled, "State of the Market" at 10:00 a.m. (EDT). During the session, Burtone will provide an overview with an em

Firefly Health Drives Virtual Care Quality as First National Primary Care Practice to Achieve NCQA Accreditation

Lastest from Businesswire - Wed, 06/04/2025 - 11:43
WATERTOWN, Mass.--(BUSINESS WIRE)--Firefly Health is the first national primary care practice to earn NCQA Virtual Care Accreditation, setting a new standard for quality.

Merchant Welcomes Rich Policastro as Managing Director to Advance Growing Network of Essential Advisor Services

Lastest from Businesswire - Wed, 06/04/2025 - 11:43
NEW YORK--(BUSINESS WIRE)--Rich’s addition reinforces Merchant’s ongoing evolution from a minority investor to a Lifecycle Equity Partner.

Legion’s 2025 State of the North American Hourly Workforce Report: Employers Must Correct Efficiency Drains Amid Economic Uncertainty

Lastest from Businesswire - Wed, 06/04/2025 - 11:43
REDWOOD CITY, Calif.--(BUSINESS WIRE)--Legion Technologies, an innovator in workforce management, today released the 2025 edition of its annual State of the North American Hourly Workforce Report. The report, which surveyed over 750 managers and over 1,200 hourly workers, comes as businesses reliant on hourly labor face heavy tariffs, supply chain instability, and tanking consumer demand. These pressures have exposed the shaky foundations of companies’ hourly labor strategies, revealing a dire

CACI to Participate in 2025 Wells Fargo Industrials and Materials Conference

Lastest from Businesswire - Wed, 06/04/2025 - 11:43
RESTON, Va.--(BUSINESS WIRE)--CACI to Participate in 2025 Wells Fargo Industrials and Materials Conference

Arden Expands Executive Team with Two Industry Leaders

Lastest from Businesswire - Wed, 06/04/2025 - 11:43
GLENDALE, Calif.--(BUSINESS WIRE)--Arden Insurance Services LLC (“Arden” or the “Company”), a high-growth, tech-enabled managing general agency (MGA), today announced the addition of Tim Henry as chief operating officer and Brian Sheekey as chief financial officer. Tim brings to Arden deep expertise in product management, operational performance improvement, and strategy execution. Most recently, he served as senior vice president and head of property product at Farmers Insurance, where he led

The “Retail Revolution” Will Drive 50%+ of Private Market Flows by 2027 – State Street Private Markets Survey

Lastest from Businesswire - Wed, 06/04/2025 - 11:43
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) today launched its global Private Markets Survey Report “The New Private Markets Advantage”. Among the key takeaways, Institutional investors are anticipating a significant uptick in retail allocations to private markets in the next two years, with retail investors set to become the main source of private market fundraising in this period, according to the latest iteration of State Street’s private markets research. 1 The survey of 5

CLARA Analytics Expands AI Platform to Combat Bad Faith Claims and Social Inflation

Lastest from Businesswire - Wed, 06/04/2025 - 11:43
SUNNYVALE, Calif.--(BUSINESS WIRE)-- #AI--Claims DocIntel Pro's dynamic medical summaries and enhanced legal demand analytics optimize outcomes and help to prevent costly nuclear verdicts.

Partners Group to acquire PowerTransitions, a utility-scale power developer in the US

Lastest from Businesswire - Wed, 06/04/2025 - 11:43
DENVER--(BUSINESS WIRE)--Partners Group, one of the largest firms in the global private markets industry, acting on behalf of its clients, has agreed to acquire PowerTransitions (or “the Company”), a utility-scale power developer in the US, from EnCap Investments. Partners Group plans to invest over USD 450 million of capital to accelerate the Company’s future growth. PowerTransitions acquires and redevelops legacy or retiring thermal power assets with existing grid connections that can be enha

Andersen Consulting Adds Dimension with David and Golyat

Lastest from Businesswire - Wed, 06/04/2025 - 11:43
SAN FRANCISCO--(BUSINESS WIRE)-- #DavidandGolyat--Andersen Consulting deepens its global consulting capabilities through a Collaboration Agreement with David and Golyat.

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