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KBRA Releases Research – Private Credit: BDC Portfolio Valuations are Rigorous

Lastest from Businesswire - 7 hours 17 min ago
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA releases research that examines business development companies' (BDC) valuation processes. KBRA’s analysis of a large sample of BDC investment portfolios indicates minimal variance among BDCs in their independent valuations of identical assets (despite some isolated examples). In other words, BDCs’ analytical approaches to valuations are generally consistent across the industry. In addition, given robust internal valuation processes, as well as oversight from out

Inverness Graham Announces the Sale of Swipeclock

Lastest from Businesswire - 7 hours 17 min ago
WAYNE, Pa.--(BUSINESS WIRE)--Inverness Graham (“IGI”), a Philadelphia based buyout firm that acquires innovative companies where technology is transforming traditional industry, is pleased to announce the sale of Swipeclock, a leading provider of cloud-based integrated human resource management software solutions, to IRIS Software Group. Inverness Graham established the South Jordan, UT based Swipeclock platform in June 2017 as a SaaS-based point solution focused on time & attendance, and t

Technology Provider Gains Enterprise-Wide Visibility into Global People Operations with AI-Powered UKG Suite

Lastest from Businesswire - 7 hours 17 min ago
LOWELL, Mass. & WESTON, Fla.--(BUSINESS WIRE)-- #HCM--UKG announced that OneStream Software is leveraging AI-powered UKG Pro to improve global visibility and create a consistent employee experience.

Dialpad Names 2023 Partner Program Award Winners, Honoring Their Contributions to Accelerating Company Growth

Lastest from Businesswire - 7 hours 17 min ago
SAN FRANCISCO--(BUSINESS WIRE)--Dialpad, the industry-leading AI-Powered Customer Intelligence Platform, proudly announces the recipients of the third annual Dialpad Partner Program Awards. This prestigious recognition celebrates the crucial contributions of partners to Dialpad's impressive growth trajectory and supports the company's vision of empowering customers with instant and accurate AI insights. The awards highlight outstanding achievements in the following categories: Wireless Provider

Accenture Federal Services Completes Acquisition of Cognosante

Lastest from Businesswire - 7 hours 17 min ago
ARLINGTON, Va.--(BUSINESS WIRE)--Accenture Federal Services has completed its acquisition of Cognosante, a Falls Church, Virginia-based provider of digital transformation and cloud modernization solutions for federal health, defense, intelligence, and civilian agencies. Accenture Federal Services announced its intent to acquire Cognosante on April 15, 2024. Cognosante provides mission-driven technology solutions for federal government clients, including healthcare programs supporting veterans,

KBRA Affirms and Assigns Rating on Senior Notes and MRPS Issued by Kayne Anderson Energy Infrastructure Fund, Inc.

Lastest from Businesswire - 7 hours 17 min ago
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns the 'AAA' rating and 'Stable' outlook to the additional Senior Notes (Series WW) with an aggregate size of $35 million and Senior Notes (Series XX) with an aggregate size of $40 million. Concurrently, KBRA affirms the ‘AAA’ rating to the outstanding Senior Notes and affirms the ‘A+’ ratings to the outstanding Mandatory Redeemable Preferred Shares issued by Kayne Anderson Energy Infrastructure Fund, Inc. (“KYN” or the“Fund”). The Fund is registered under t

Private Credit Veteran Bob Shettle Joins Barings’ Global Private Finance Group

Lastest from Businesswire - 7 hours 17 min ago
CHARLOTTE, N.C.--(BUSINESS WIRE)--Barings, one of the world’s leading investment managers, today announced that private credit veteran Bob Shettle will join Barings’ Global Private Finance Group as a Managing Director and will join the firm’s North America Private Finance Investment Committee, effective at the end of May. Shettle, who previously spent more than two decades at Barings, will focus on investment origination in North America. Based in New York, Shettle will report to Tyler Gately,

NobleReach Unveils New Website to Showcase Two Years of Remarkable Growth and Impact

Lastest from Businesswire - 7 hours 17 min ago
TYSONS, Va.--(BUSINESS WIRE)--NobleReach® Foundation is proud to announce its official launch, marking a significant milestone in the organization's journey.

Tyler Technologies Announces 2024 Public Sector Excellence Award Winners

Lastest from Businesswire - 7 hours 17 min ago
PLANO, Texas--(BUSINESS WIRE)---- $TYL #TylerTech--Tyler Technologies announced its 2024 Public Sector Excellence Award winners.

Aquila Air Capital Upsizes Term Loan Facility to $200 Million

Lastest from Businesswire - 7 hours 17 min ago
NEW YORK--(BUSINESS WIRE)-- #AquilaAirCapital--Aquila Air Capital (“Aquila”), a leading engine lessor focused on end-of-life solutions, announced the successful execution of new financing for $100 million, upsizing the lessor’s current term loan facility to $200 million. “We are very pleased to have successfully upsized our term loan facility. This increase will be used to fund future investments as our customer demand continues to grow daily,” commented Martin Ryan, Aquila Air Capital’s Vice President, Financial

The Moinian Group Hosts Inaugural ‘Moinian Mile’ Event in Manhattan

Lastest from Businesswire - 7 hours 17 min ago
NEW YORK--(BUSINESS WIRE)--The Moinian Group, one of the world’s largest privately held real estate investment companies, hosted the first of its kind, Moinian Mile, an exclusive, invite-only, two day event for New York City’s top producing commercial brokers across four properties within the firm’s Midtown south office portfolio, 60 Madison Avenue, 245 Fifth Avenue, 72 Madison Avenue and 450-460 Park Avenue South. “We are thrilled with the success of the first-ever Moinian Mile. We successfull

Apple Hospitality REIT Announces Monthly Distribution

Lastest from Businesswire - 7 hours 17 min ago
RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Announces Monthly Distribution

Brightly Software Appoints Don Kurelich as CEO

Lastest from Businesswire - 7 hours 17 min ago
CARY, N.C.--(BUSINESS WIRE)--Brightly Software, a Siemens company and the global leader in intelligent asset management solutions, today announced the appointment of chief operating officer (COO) Don Kurelich to the position of chief executive officer (CEO). He replaces Kevin Kemmerer who has decided to leave the company to pursue another opportunity. Kurelich is a 30-year technology industry veteran with significant experience running large global organizations. He spent more than two decades

CRN Recognizes Five Outstanding Performers from Sovos on the 2024 Women of the Channel List

Lastest from Businesswire - 7 hours 17 min ago
ATLANTA--(BUSINESS WIRE)--Sovos, the always-on compliance company, announced today that CRN®, a brand of The Channel Company, has named Heidi Biggar, Claire Hulett, Danielle Moore, Emily Cripe and Wendy Francis to the Women of the Channel list for 2024. Every year, CRN highlights women from vendor, distributor, and solution provider organizations whose vision and leadership have a beneficial influence on the technology industry. The CRN 2024 Women of the Channel honorees are creative, strategic

Mohari Hospitality and Weller Development Partners Announce Strategic Partnership

Lastest from Businesswire - 7 hours 17 min ago
BETHESDA, Md.--(BUSINESS WIRE)-- #BrandedResidences--Mohari Hospitality, a global investment platform with an emphasis on the luxury hospitality and lifestyle sector, and Weller Development Partners, a leading developer of luxury hospitality and branded residential properties, today announced a programmatic relationship that will unlock new opportunities for growth for both companies and further solidify Weller's position as a preeminent developer in the luxury hospitality market. The combined resources of Weller a

Teal Announces $8M Seed Investment to Drive Next-Gen Accounting Products for Vertical SaaS

Lastest from Businesswire - 7 hours 17 min ago
NEW YORK--(BUSINESS WIRE)--Teal, a rapidly growing startup specializing in accounting infrastructure for Vertical SaaS businesses, today announced $8 USD million in seed funding. Founded in 2023 by Ian Crosby, former Head of Financial Services at Shopify and CEO and co-founder of Bench Accounting, Teal allows Vertical SaaS businesses to build their own accounting suites to offer to their SMB customers. The round was led by Torch Capital with participation from Basis Set Ventures, General Advanc

Alvarez & Marsal Launches Outsourcing Services for Law Firms to Improve Back-Office Functions and Provide Assistance in Raising Funds for Growth

Lastest from Businesswire - 7 hours 17 min ago
NEW YORK--(BUSINESS WIRE)--Leading global professional services firm Alvarez & Marsal announced the formation of its Alvarez & Marsal Legal Services (AMLS) business, which will provide management and consulting services to law firms worldwide. AMLS gives access to world-class technology and outsourcing services to improve the effectiveness and efficiency of back-office functions including finance, human resources and legal operations, such as document management. Additionally, AMLS offe

Prelim Technologies Selected for ICBA ThinkTECH

Lastest from Businesswire - 7 hours 17 min ago
SAN FRANCISCO--(BUSINESS WIRE)--Prelim, an industry-leading Silicon Valley fintech renowned for its digital onboarding solutions for consumer and business deposit accounts, announced today its selection to the Independent Community Bankers of America®’s (ICBA) ThinkTECH Accelerator Program, which kicked off May 19 at the ICBA Center for Innovation in Atlanta. Since its inception, the ICBA ThinkTECH Accelerator program has connected the most innovative, cutting-edge fintech companies in the worl

CoachEm Appoints Eric Richard to Board of Advisors

Lastest from Businesswire - 7 hours 17 min ago
PUTNAM, Conn.--(BUSINESS WIRE)--CoachEm, the pioneering AI-driven coaching execution platform, proudly announces the appointment of Eric Richard to its Board of Advisors. Richard’s extensive experience in technology leadership and product-focused engineering will fortify CoachEm’s foundation as the company accelerates its growth. Eric Richard brings over 25 years of impactful leadership in software development, IT, security, and operations. His distinguished career includes executive engineerin

RQM+™ Launches Fern.ai™ Smart Authoring Module for MedTech

Lastest from Businesswire - 7 hours 17 min ago
PITTSBURGH--(BUSINESS WIRE)--RQM+, a leading MedTech service provider, is proud to announce the launch of the Fern.ai Smart Authoring module. The groundbreaking Fern.ai platform now includes Smart Authoring in addition to Systematic Literature Review. Together, these modules are set to transform the landscape of regulatory documentation for MedTech, enhancing compliance, accuracy, and efficiency. As the MedTech sector evolves, regulatory demands grow increasingly complex. Fern.ai's Smart Author

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