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TradePMR Debuts “RIA Reflections,” a Story-Sharing Platform by RIAs, for RIAs

Lastest from Businesswire - Mon, 02/03/2025 - 09:39
GAINESVILLE, Fla.--(BUSINESS WIRE)-- #Custodian--TradePMR, a technology and custodial services provider for registered investment advisors (RIAs), today announced the launch of “RIA Reflections,” the wealth management industry’s first publication dedicated to personal stories within the RIA community. The new publication is designed to provide a media platform for wealth management professionals to share their personal experiences, background stories and unique insights with the industry. Featuring compelli

German American Announces Completion of Merger With Heartland BancCorp and Heartland Bank

Lastest from Businesswire - Mon, 02/03/2025 - 09:39
JASPER, Ind.--(BUSINESS WIRE)--German American Bancorp, Inc. (Nasdaq: GABC) announced today that it has completed its merger with Heartland BancCorp, the parent company of Heartland Bank, effective at 12:01 a.m. (Eastern time) on February 1, 2025. Immediately following completion of the holding company transaction, Heartland Bank merged with and into German American’s banking subsidiary, German American Bank. Each Heartland shareholder of record at closing (other than the Heartland 401(k) Plan)

First Business Bank Announces 16% Increase in Quarterly Common Stock Dividend

Lastest from Businesswire - Mon, 02/03/2025 - 09:39
MADISON, Wis.--(BUSINESS WIRE)--First Business Financial Services, Inc. (the “Company” or “First Business Bank”) (Nasdaq: FBIZ) announced its Board of Directors has declared a quarterly cash dividend on its common stock of $0.29 per share which is equivalent to a dividend yield of 22% based on Friday’s market close price of $51.66. The quarterly dividend represents a 16% increase over the quarterly dividend declared in October 2024 and marks the 13th consecutive annual dividend raise. Based on

Next-Gen Affiliate Performance Measurement: PartnerCentric Leads the Transparency Movement

Lastest from Businesswire - Mon, 02/03/2025 - 09:39
NEW YORK--(BUSINESS WIRE)-- #ASW25--New data from PartnerCentric, the largest independent partnership marketing agency in the U.S., brings unprecedented transparency into publisher contributions amidst growing scrutiny of browser extensions. The latest addition to PartnerCentric’s innovative FUSE Incrementality™, Conversion Origination1, a measure added in 2024, is actively helping advertisers identify true sales drivers—not just last-click beneficiaries—ensuring fair compensation and stronger influence

ELIQUENT Life Sciences Announces: Rob Wojciechowski Named Chief Operations Officer

Lastest from Businesswire - Mon, 02/03/2025 - 09:39
WASHINGTON--(BUSINESS WIRE)--ELIQUENT Life Sciences (ELIQUENT), a global regulatory, quality, and safety consulting firm, today announced the appointment of Rob Wojciechowski as Chief Operations Officer (COO). In this new role, Rob will oversee the company’s strategic initiatives across its regulatory, quality, and compliance practice areas, further positioning ELIQUENT to meet the growing global demand for integrated regulatory, quality, and safety solutions across diverse markets. “Rob’s expe

Braze Announces Record Bookings to Close Fiscal Year, Announces Organizational Changes

Lastest from Businesswire - Mon, 02/03/2025 - 09:39
NEW YORK--(BUSINESS WIRE)--Braze (Nasdaq: BRZE), the leading customer engagement platform that empowers brands to Be Absolutely Engaging™, today announced a record for customer bookings in the quarter and fiscal year ended January 31, 2025 and a leadership change for the new fiscal year. Braze President and Chief Commercial Officer, Myles Kleeger, will be stepping down from his position after 10 years of exceptional leadership in the role. Kleeger will remain available to the company as Preside

Fiserv Small Business Index® for January 2025: Small Business Sales Continue to Rise in the New Year

Lastest from Businesswire - Mon, 02/03/2025 - 09:39
MILWAUKEE--(BUSINESS WIRE)--Fiserv, Inc. (NYSE: FI), a leading global provider of payments and financial services technology, has published the Fiserv Small Business Index for January 2025. Nationally, the seasonally adjusted Index for January was 147, a one-point increase from December. Sales growth persisting through January was a welcome start to the new year for small businesses, many of which were coming off a strong holiday season. Businesses in the services sector had a particularly stro

Openbank by Santander Hits $2 Billion in Deposits in the United States

Lastest from Businesswire - Mon, 02/03/2025 - 09:39
BOSTON--(BUSINESS WIRE)--Santander Bank, N.A. (“Santander Bank” or “the Bank”) today announced that the Openbank digital bank platform topped $2 billion in total deposits* since going to market in the United States in the fourth quarter of 2024. This achievement represents a significant milestone in the Santander US business strategy to efficiently boost national deposit acquisition that will fuel its leading Auto lending franchise and transform its Retail Bank. The business also launched a 202

Renegade Infrastructure LLC Closes Inaugural Equity Commitment From Energy Spectrum Capital

Lastest from Businesswire - Mon, 02/03/2025 - 09:39
HOUSTON & DALLAS--(BUSINESS WIRE)--Renegade Infrastructure LLC (“Renegade”) today announced an inaugural equity capital commitment from management and Energy Spectrum Partners VIII LP (“Energy Spectrum”). Headquartered in Houston and established in late 2024, Renegade is an independent energy company focused on the development and/or acquisition of midstream energy infrastructure for oil and gas producers operating in various basins across North America. Renegade is pursuing acquisition opportu

Schulte Taps Registered Funds Veteran John Fitzgerald as New Partner in Investment Management Group

Lastest from Businesswire - Mon, 02/03/2025 - 09:39
NEW YORK--(BUSINESS WIRE)--Schulte Roth & Zabel (“Schulte” or “the firm”), a leading global law firm focused on private capital, is pleased to announce that John Fitzgerald has joined the firm as a partner in the Investment Management Group in the New York office. With nearly 25 years of experience, John is a highly regarded authority in the Investment Company Act of 1940 ("the ‘40 Act") and related investment products. His deep knowledge will support the growing demand from private investm

CW Advisors Adds Two Boston-Area RIAs

Lastest from Businesswire - Mon, 02/03/2025 - 06:39
BOSTON--(BUSINESS WIRE)--CW Advisors, LLC (“CWA”), a registered investment advisor (“RIA”), headquartered in Boston, announces it has acquired Aspire Wealth Management, Inc. (“Aspire”) and Fernwood Investment Management, LLC (“Fernwood”). Aspire, located in Waltham, Massachusetts, and Fernwood, located in Quincy, Massachusetts, both serve high-net-worth clients, providing financial planning and investment management. The deals add more than $800 million in assets under management to CWA. Terms

Chimera Investment Corporation Sponsors Residential Mortgage Loan Securitization

Lastest from Businesswire - Mon, 02/03/2025 - 06:39
NEW YORK--(BUSINESS WIRE)--Chimera Investment Corporation (NYSE: CIM) announced that on January 31, 2025 it had sponsored CIM 2025-I1, a $287.7 million securitization of residential mortgage investor loans. The loans had a weighted average coupon of 7.9%, with weighted average FICO scores of 748, and LTV ratio of 64%. Securities issued by CIM 2025-I1, with an aggregate balance of approximately $275.7 million, were sold in a private placement to institutional investors. These senior securities r

Greenhall Capital Partners Acquires Johnson Communications

Lastest from Businesswire - Mon, 02/03/2025 - 06:39
WASHINGTON & LOS ANGELES--(BUSINESS WIRE)--Greenhall Capital Partners, LLC (“Greenhall”), an operationally-focused control private equity firm that pursues buyouts in the middle market, today announced that it has entered into an agreement to acquire Johnson Communications, LLC (“Johnson” or the “Company”), a leading digital infrastructure wireless service provider that specializes in rural fiber-optic telecom deployment. Terms of the transaction were not disclosed. The acquisition recognizes J

MODV INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Announces that ModivCare, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

Lastest from Businesswire - Mon, 02/03/2025 - 06:39
SAN DIEGO--(BUSINESS WIRE)--The suit alleges defendants issued false statements re: ModivCare business and prospects, resulting in its stock trading at inflated prices.

Ares European Strategic Income Fund Exceeds €2.2 Billion in Assets Under Management in First Year

Lastest from Businesswire - Mon, 02/03/2025 - 06:39
LONDON--(BUSINESS WIRE)--Ares Management Corporation (NYSE: ARES) (“Ares”), a leading global alternative investment manager, announced today that its Ares European Strategic Income Fund (“AESIF”), an open-ended direct lending fund providing individual investors in Europe and Asia with access to Ares’ European direct lending strategy, exceeded €2.2 billion in total assets in its first full year, supported by capital raised primarily through the wealth channel. AESIF, first available to individua

Helix Traffic Solutions Announces Strategic Acquisition of Mels Electric

Lastest from Businesswire - Mon, 02/03/2025 - 06:39
MURFREESBORO, Tenn.--(BUSINESS WIRE)--Helix Traffic Solutions (“Helix”), a leading provider of traffic safety solutions throughout the United States, has announced its strategic acquisition of Mels Electric, based in Wilmer, Texas. The acquisition strengthens Helix’s position as a preferred traffic safety infrastructure partner for municipalities and roadway contractors and expands the company’s existing footprint in Texas. Transaction terms were not disclosed. Helix is majority-owned by Nonant

Ares European Strategic Income Fund Exceeds €2.2 Billion in Assets Under Management in First Year

Lastest from Businesswire - Mon, 02/03/2025 - 06:39
LONDON--(BUSINESS WIRE)--Ares Management Corporation (NYSE: ARES) (“Ares”), a leading global alternative investment manager, announced today that its Ares European Strategic Income Fund (“AESIF”), an open-ended direct lending fund providing individual investors in Europe and Asia with access to Ares’ European direct lending strategy, exceeded €2.2 billion in total assets in its first full year, supported by capital raised primarily through the wealth channel. AESIF, first available to individua

Kubota Dealers Ranked Highest in 2025 Compact Tractor Industry Study Measuring Response to Website Customers

Lastest from Businesswire - Mon, 02/03/2025 - 00:39
MONTEREY, Calif.--(BUSINESS WIRE)--Kubota dealerships ranked highest in the 2025 Pied Piper PSI® Internet Lead Effectiveness® (ILE®) Compact Tractor Industry Study

XX-XY Athletics, the Only Brand With the Guts to Back Real Women Athletes, Just Launched a New Viral Ad

Lastest from Businesswire - Sun, 02/02/2025 - 18:39
DENVER--(BUSINESS WIRE)--XX-XY Athletics, the first athletic brand to stand up for women, launches "Real Girls Rock," a Big Game Ad honoring girls and women in sport.

IIPR INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Innovative Industrial Properties, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

Lastest from Businesswire - Sun, 02/02/2025 - 18:39
NEW YORK--(BUSINESS WIRE)---- $IIPR #ClassAction--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Innovative Industrial Properties, Inc. (“IIPR” or “the Company”) (NYSE: IIPR) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acqui

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