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Breach Inlet Capital Urges PROG Holdings to Launch Strategic Review Process
CHARLESTON, S.C.--(BUSINESS WIRE)--Breach Inlet Capital Management, LLC (together with its affiliates, “Breach Inlet Capital” or “we”) is an investment firm focused on underfollowed and misunderstood small cap equities. Today, we issued the following open letter to shareholders of PROG Holdings, Inc. (NYSE: PRG) (“PRG” or the “Company”) highlighting our concerns and recommended path forward for the Company. This open letter is in response to PRG’s board of directors (the “Board”) refusal to eng
Candidly Named a 2025 Technology Pioneer by the World Economic Forum
NEW YORK--(BUSINESS WIRE)--Candidly, the market’s only AI-driven student debt and savings optimization platform, today announced it has been selected as a World Economic Forum (WEF) 2025 Technology Pioneer, which celebrates its 25th anniversary this year. Candidly will now join this prestigious community of companies from around the world that are shaping the future through breakthrough technologies and innovations. Candidly addresses the profound global challenge of student loan debt and workf
Brandywine Global – Global Income Opportunities Fund Inc. (NYSE:BWG) (the “Fund”) Announces Portfolio Management Team Update
NEW YORK--(BUSINESS WIRE)--Category: Fund Announcement
BlackRock Launches Texas ETF, Opens Greater Access to Invest in Growing Texas Economy
DALLAS--(BUSINESS WIRE)--Today, BlackRock launched the iShares Texas Equity ETF (NASDAQ:TEXN), opening greater access to invest in the strength and diversity of the Texas economy through the efficiency and convenience of an exchange-traded fund (ETF). TEXN invests in U.S. companies headquartered in Texas, providing investors targeted exposure to a dynamic state economy. Texas leads the nation in business and population expansion. As a hub for innovation and enterprise, Texas is home to 1 in 10
Jordan Leclair Joins Alliant Insurance Services in Phoenix
IRVINE, Calif.--(BUSINESS WIRE)-- #AlliantInsurance--Alliant Insurance Services continues to grow its Employee Benefits team in the Southwest, hiring Jordan Leclair as Vice President. The Phoenix-based benefits consultant joins Alliant with a multifaceted background spanning healthcare, HR technology, and employee benefits, delivering strategic, data-driven solutions that improve plan efficiency and cost management for his clients. “Jordan has a strong ability to connect strategy with execution, helping clients st
Nabis Launches Online Cannabis Marketplace Platform in New York, Streamlining Growing Supply Chain
NEW YORK--(BUSINESS WIRE)--Nabis, the world’s leading licensed cannabis wholesale platform, is launching its digital Marketplace in New York. Along with Nabis’ robust fulfillment services, the Marketplace brings the company’s full suite of distribution, financing, and analytics technology to one of the country’s fastest-growing cannabis markets. New York’s cannabis market is rapidly evolving, with adult-use quickly approaching $1.5 billion in cumulative sales since 2022. In May of 2025 alone, t
Cyrannus Names Ashley Smith Chief Operating Officer
COLUMBUS, Ohio--(BUSINESS WIRE)--Cyrannus, a primary and secondary investing platform that sources, evaluates and scores early-stage equities has named Ashley Smith as COO.
ON24 Earns 2025 Top Rated Award From TrustRadius
SAN FRANCISCO--(BUSINESS WIRE)--ON24 (NYSE: ONTF), a leading customer engagement platform for B2B sales and marketing, announced that TrustRadius has recognized ON24 with the 2025 Top Rated Award based on our excellent customer satisfaction and reviews. ON24 earned the top spot, further reinforcing its leadership in digital customer engagement and its ability to help enterprises convert engagement into measurable business outcomes. With a TrustRadius Score of 8.8 out of 10 and over 677 verified
ProfitSolv Secures Strategic Investment Co-led by FTV Capital and Existing Investor Lightyear Capital
KNOXVILLE, Tenn.--(BUSINESS WIRE)--ProfitSolv announces strategic investment co-led by FTV Capital and existing investor Lightyear Capital.
The Presidio Group Exclusively Advises Patriot Automotive Group on the Sale of a New Hampshire Nissan Dealership
SALEM, N.H.--(BUSINESS WIRE)--The Presidio Group LLC (“Presidio”), an independent merchant banking firm focused on mergers and acquisitions, capital raising and investments in the automotive retail and consumer mobility sectors, exclusively advised Patriot Automotive Group owner Adam Arens on the sale of a New Hampshire Nissan dealership to brothers James and Erik Kirste. The sale of Patriot Nissan of Salem, N.H., and its related real estate closed June 2. Arens continues to operate Subaru and
OfficeSpace Launches Enterprise Asset Management in Its Workplace Management Platform for the Built Environment
ALPHARETTA, Ga.--(BUSINESS WIRE)--OfficeSpace now extends to IT, workplace, and capital assets—delivering real-time visibility, automated maintenance, and data-rich insights.
AArete Embarks on Next Chapter of Growth and Innovation
CHICAGO--(BUSINESS WIRE)-- #digitalfirst--Global management and technology consulting firm AArete announced a strategic investment from growth-oriented private equity firm Parthenon Capital.
Alexi Launches Private Cloud to Protect Legal Teams’ Sensitive Data
TORONTO--(BUSINESS WIRE)--Alexi, a leading provider of AI solutions for legal teams, announced today the launch of Alexi Private Cloud, a fully-isolated deployment of its advanced legal AI platform, purpose-built to support the complex demands of modern law firms. Alexi Private Cloud enables organizations to deploy AI within a dedicated infrastructure configured to the specific needs of the firm, enabling the full power of AI to be harnessed without sacrificing security, privacy, or professiona
Morningstar Brings Greater Transparency to Private Markets for Advisors
CHICAGO--(BUSINESS WIRE)--Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investing insights, today debuted new features in Direct Advisory Suite (the next phase of Advisor Workstation) to help financial advisors analyze and integrate private investments into client portfolios. These enhancements are now available and will be showcased at the Morningstar Investment Conference, taking place June 25-26 in Chicago. “Morningstar’s universal language of investing has helped advis
One Equity Partners Agrees to Sell BRUSH Group’s Power Distribution Business
NEW YORK--(BUSINESS WIRE)-- #carveout--One Equity Partners announced that it has entered into a definitive agreement to sell the Power Distribution business of BRUSH Group.
Morningstar Publishes New Semiliquid Funds Report Amid Acceleration of Private Market Access and Investor Interest
CHICAGO--(BUSINESS WIRE)--Morningstar, Inc., (Nasdaq: MORN), a leading provider of independent investment insights, today published a report, "The State of Semiliquid Funds," offering a comprehensive examination of the investment vehicles that have emerged as a key entry point to private markets. As investor access and demand for private asset exposure become more mainstream, Morningstar’s research team delivers new data and analysis to a growing but complex space. Morningstar will also begin a
Business Members Can Now Onboard Online at America First Credit Union via Loquat
MIAMI, Fla.--(BUSINESS WIRE)--America First Credit Union launches Loquat’s digital onboarding platform, enabling fast, secure business account opening online, in-app, and in-branch
Castle Harbour Announces Formation of Transactional Risk Insurance Brokerage
NEW YORK--(BUSINESS WIRE)--Castle Harbour Insurance (“Castle Harbour”) proudly announced its official launch as a transactional risk insurance brokerage dedicated to transforming complex deal risks into actionable solutions. With a team comprised solely of seasoned and deeply experienced professionals, Castle Harbour provides its clients with custom solutions in Tax Insurance, Representations & Warranties Insurance, Litigation Insurance, and Contingent Risk Insurance. The firm is headquarte
FICO Score Mortgage Simulator Integration with MeridianLink Mortgage Credit Link Enables Resellers and Lenders to Analyze Loan Options
BOZEMAN, Mont.--(BUSINESS WIRE)---- $FICO--FICO (NYSE: FICO): Highlights: FICO® Score Mortgage Simulator gives mortgage professionals the ability to simulate how changes in an applicant’s credit report data can impact their FICO® Score. The tool empowers lenders and borrowers to make more informed credit decisions, creating better customer experiences and increasing education around their FICO® Score. FICO® Score Mortgage Simulator is the only score simulator on the market today for mortgage professional
The Boyar Value Group Urges James Dolan to End the ‘Dolan Discount’ at MSG Sports by Splitting the Knicks and Rangers into two Separately Publicly Traded Companies.
NEW YORK--(BUSINESS WIRE)--The Boyar Value Group, a registered investment advisor and independent equity research firm established in 1975, has published an open letter to James Dolan, Executive Chairman of Madison Square Garden Sports Corp. (NYSE: MSGS), urging him to explore separating the New York Knicks and New York Rangers into independently traded public companies. The letter argues that MSG Sports trades at a significant discount to the combined value of its two teams. According to Forbe