Lastest from Businesswire

NEW YORK & LONDON--(BUSINESS WIRE)--Audax Strategic Capital (“Audax” or “ASC”), a provider of customized, mid-hold equity solutions and a core dimension of the Audax Private Equity platform, announced today the final close of its inaugural fund, Audax Private Equity Solutions Fund (the “Fund”). The Fund, which closed above target, has approximately $1.3 billion of total capital to deploy when combined with related vehicles and Audax Private Equity’s GP commitment. Limited partners (“LP”) includ

NEW YORK--(BUSINESS WIRE)--A new study released as part of Raisin’s Summer Savings Series showed that Gen Z may be reshaping savings culture in America, for the better. From #moneytok to finfluencers, Gen Z is embracing talking openly about their finances; 83% of Gen Z is open to discussing savings with friends and family compared to just 51% of Boomers. This mindset may also be what makes Gen Z the most emotionally satisfied generation when it comes to saving. The study, second in a series foc

CHESAPEAKE, Va. & SAN MATEO, Calif.--(BUSINESS WIRE)--ABNB Federal Credit Union Selects Upstart for Personal Loans

ALPHARETTA, Ga.--(BUSINESS WIRE)--DefenseStorm, the leading provider of cyber risk management solutions and co-managed services exclusively for financial institutions, has secured a spot on the prestigious 2025 Inc. 5000 list, ranking among America’s fastest-growing private companies with an impressive three-year revenue growth of 123%. The Inc. 5000 list provides a data-driven snapshot of the most successful companies within the economy’s most dynamic segment - its independent, entrepreneurial

MINNEAPOLIS--(BUSINESS WIRE)--Deluxe (NYSE: DLX), a trusted Payments and Data company, has received the 2025 Association of TeleServices International (ATSI) Call Center Award of Distinction, recognizing the exceptional performance of the Deluxe Merchant Services customer care team. This marks the 13th consecutive year Deluxe has earned this national honor. Presented at ATSI’s 2025 Annual Conference in Phoenix, AZ, the Award of Distinction is used to evaluate professional call center agents acr

PALO ALTO, Calif.--(BUSINESS WIRE)--Navan, the leading all-in-one business travel and expense management platform, today announced the appointment of Anré Williams to its Board of Directors, effective immediately. Williams, who most recently served as Chief Executive Officer of American Express National Bank and Group President of Enterprise Services at American Express, brings over 35 years of executive leadership experience and a track record of driving innovation in the financial services an

LOS ANGELES--(BUSINESS WIRE)--Uncle Arnie’s, one of the fastest-growing THC and hemp-infused beverage brands in the U.S., today announced it has closed a $7.5 million Series A strategic growth raise to fuel its next phase of expansion. The round was co-led by Mindset Capital and Delta Emerald Ventures, with participation from strategic investor Harry Rubin, a founding partner of the Boston Beer Company (producer of Samuel Adams beer), who joins the company’s board of directors. Positioned as a

NEW YORK--(BUSINESS WIRE)--26North Partners LP (“26North”), the next-generation alternatives platform founded by Josh Harris, today announced the completion of the acquisition of AVI-SPL, the global leader in audio-video (AV) and unified communications technologies (UC). Serving over 86% of the Fortune 100, AVI-SPL powers the modern workplace, which increasingly demands innovative collaboration solutions. The acquisition of AVI-SPL underscores 26North’s focus on partnering with market leaders p

MIAMI--(BUSINESS WIRE)--Today, the National Cryptocurrency Association (NCA), a non-profit organization dedicated to helping Americans understand and use crypto with confidence, announced the formation of its inaugural Advisory Board. The newly appointed Board includes distinguished leaders from finance, regulation and education, each bringing a wealth of experience to guide the organization’s mission and support crypto literacy nationwide. “These experts represent the forefront of financial re

NEW YORK--(BUSINESS WIRE)--Kelso & Company, L.P. (“Kelso”), a leading middle-market private equity firm, announced it has completed the sale of its portfolio company, Accession Risk Management Group (“Accession,” fka “Risk Strategies”), to Brown & Brown, Inc. (NYSE: BRO) (“Brown & Brown”) in a primarily cash transaction valued at approximately $9.83 billion. This sale to a leading strategic acquiror represents one of the largest full private equity exits in insurance brokerage histo

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of PubMatic, Inc. (“PubMatic” or the “Company”) (NASDAQ: PUBM) investors concerning the Company’s possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN PUBMATIC, INC. (PUBM), CONTACT THE LAW OFFICES OF HOWARD G. SMITH ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS. Contact the Law Offices of Howard G. Smith to discuss your legal rights by email at h

LAS VEGAS--(BUSINESS WIRE)--ALT5 Sigma Corporation (the “Company,” “our” or “ALT5”) (NASDAQ: ALTS) (FRA:5AR1), a fintech specializing in turnkey, crypto-related solutions for institutions and merchants, welcomes Zach Witkoff, Co-Founder and CEO of World Liberty Financial, Inc. (“WLFI”), as Chairman of its board of directors (the “Board”), effective upon the closing of its previously announced $1.5 billion registered direct offering and concurrent private placement. The previously announced fina

NEW YORK--(BUSINESS WIRE)--Chamelio, the AI-powered legal intelligence platform used by some of the world’s fastest-growing companies, today announced one of its most significant product releases to date—bringing a fully seamless experience across the entire contract review and negotiation workflow, and introducing powerful new capabilities to Chamelio Core, the platform’s smart repository. This release makes Chamelio Negotiate the most advanced and best-integrated contract review and negotiati

NASHVILLE, Tenn.--(BUSINESS WIRE)--Alto, the self-directed IRA platform for private market and alternative assets, today announced the addition of two seasoned executives to its leadership team: Tomek Siergiejuk has joined as Chief Financial Officer, and Tom Eidt has joined as General Counsel. These appointments underscore Alto’s commitment to scaling its operations with strong financial oversight and legal governance as interest in and access to private market investing continues to grow. “Inv

NEW YORK--(BUSINESS WIRE)--Compound Planning has surpassed $4 billion in AUM, marking a 269% increase in assets since announcing its merger in September 2023.

RALEIGH, N.C.--(BUSINESS WIRE)--Prometheus Group, a global leader in enterprise asset management software, today announced the appointment of Chris Scarth as the organization’s new Chief Financial Officer (CFO). As CFO, Scarth will oversee Prometheus Group’s global finance organization, driving strategic growth initiatives, financial excellence across the business, and long-term value creation. Scarth brings more than 20 years of executive leadership experience spanning finance, sales operation

DUBLIN--(BUSINESS WIRE)--Allegion plc (NYSE: ALLE), a leading global security products and solutions provider, through one of its subsidiaries, has acquired Brisant Secure Limited (Brisant), a leading security hardware provider in the UK. Founded in 2011 and based in Dewsbury, UK, Brisant sells a range of innovative residential security solutions, including mechanical and electronic locks as well as door accessories. Its Ultion brand is renowned for premium high-security lock cylinders and key

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Velocity Financial, Inc. (NYSE:VEL) (“Velocity” or “Company”), a leader in investor real estate loans, announced today the dual listing of its common stock on NYSE Texas, Inc. (“NYSE Texas”), the newly launched fully electronic equities exchange headquartered in Dallas, Texas. Velocity will maintain its primary listing on the New York Stock Exchange (“NYSE”) and continue to trade under the same ticker symbol, “VEL,” on the NYSE and NYSE Texas. “We are

SEATTLE--(BUSINESS WIRE)--Bonum Therapeutics, a biotechnology company developing conditionally regulated, highly active, less toxic medicines, today announced that the U.S. Patent and Trademark Office has granted it a key patent covering its dual-binding antibody (DBA) technology. The patent protects Bonum’s mechanism for regulating cytokine activity of marker-specific binding pairs, including LRRC15-IFNa, PD-L1-IFNa, PD1-IL2, and others. Its broad claims cover any therapeutic using a dual bind

DISTRIBUTED-WORK-MODEL/OAKLAND, Calif.--(BUSINESS WIRE)--Block, Inc. (“Block”) (NYSE: XYZ) today announced its intention to offer, subject to market conditions and other factors, $1.5 billion aggregate principal amount of senior notes in two series (the “Notes”) in a private placement to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Act”), and outside the United States to non-U.S. persons pursuant to Reg