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BDO USA Expands Management Consulting Services Through Addition of Blue Beyond

Lastest from Businesswire - Thu, 01/09/2025 - 09:45
CHICAGO--(BUSINESS WIRE)--BDO USA today announced the addition of 48 professionals to BDO’s management consulting practice from Blue Beyond Consulting.

56% of Financial Advisors Are More Likely To Invest in Crypto in 2025 Because of the Election: Bitwise/VettaFi Annual Survey

Lastest from Businesswire - Thu, 01/09/2025 - 09:45
SAN FRANCISCO--(BUSINESS WIRE)--Bitwise Asset Management, a global crypto-specialist asset manager with more than $12 billion in client assets,1 and VettaFi, a leading data-driven ETF platform, today released the seventh annual “Bitwise/VettaFi 2025 Benchmark Survey of Financial Advisor Attitudes Toward Crypto Assets.” Initiated the week after the 2024 U.S. election, the much-anticipated survey provides a valuable window into advisors’ increasing enthusiasm for crypto on the heels of a landmark

Yingling Aviation Acquires Global Engineering & Technology, Inc.

Lastest from Businesswire - Thu, 01/09/2025 - 09:45
WICHITA, Kan.--(BUSINESS WIRE)--Yingling Aviation (“Yingling”), a leading, full-service provider of maintenance, repair, and overhaul (MRO) and fixed-base operation (FBO) services to business and general aviation aircraft, today announced that it has acquired Global Engineering & Technology, Inc. (“GETI”), an aircraft interiors service provider based in Wichita, Kansas. The financial terms of the transaction were not disclosed. Founded in 1991, GETI specializes in aircraft interior design a

Outcome Capital Congratulates Elios Vision on the Acquisition by Bausch + Lomb

Lastest from Businesswire - Thu, 01/09/2025 - 09:45
BOSTON--(BUSINESS WIRE)--Outcome's expertise in corporate strategy, financing, and transaction execution helped position ELIOS as a key innovator in glaucoma treatment market

Saisei Ventures Announces the Appointment of Dr. Sven Kili, MD, as Partner

Lastest from Businesswire - Thu, 01/09/2025 - 09:45
CAMBRIDGE, Mass.--(BUSINESS WIRE)--Saisei Ventures, a leading investment firm focused on advancing Japanese biotechnology and therapeutic innovations, announced today that Dr. Sven Kili has been appointed partner at the firm. Dr. Kili joined Saisei as an advisor at the firm’s inception, and brings over 20 years of experience spanning clinical practice, pharmaceutical leadership and entrepreneurial ventures. As a renowned expert in cell and gene therapy, he has played pivotal roles in the develo

MarginEdge Selects BlueSnap as North American Subscription Payments Partner

Lastest from Businesswire - Thu, 01/09/2025 - 09:45
BOSTON & LONDON--(BUSINESS WIRE)--BlueSnap, a global payment orchestration platform for leading B2B and B2C businesses, today announced its selection by MarginEdge, a provider of restaurant management solutions, as its North American client billing partner. MarginEdge helps restaurant owners and managers get out of the back office and back onto the restaurant floor by automating their operations. Its comprehensive platform of restaurant management solutions includes inventory management, access

KBRA Releases Research – 2024 CMBS Loan Maturities: Payoff Rates Decrease

Lastest from Businesswire - Thu, 01/09/2025 - 09:45
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA releases a report on payoff rates of 2024 loan maturities in U.S. commercial mortgage-backed securities (CMBS). Just over 85% of U.S. CMBS loans maturing in 2024 successfully refinanced, a notable decrease from the 94% of maturing loans paid off in 2023 (see 2023 CMBS Loan Maturities: Better by Count). The payoff percentage by loan balance also declined, albeit by a smaller margin, dropping to 66.6% from 71.8%. This trend, consistent with last year, suggests that

EV Group successfully finalises an investment in Cornelius Group plc through a minority equity stake.

Lastest from Businesswire - Thu, 01/09/2025 - 09:45
RHO, Italy--(BUSINESS WIRE)-- #Chemicals--EV Group, a leading specialty chemicals and food ingredients distributor and manufacturer, and Cornelius Group (Cornelius), an international manufacturer and distributor of specialty additives and ingredients to the life sciences and performance chemicals markets, announce today that they have reached binding agreements for the acquisition by EV of a minority stake in Cornelius. Under the terms of the transaction, EV Group will increase its stake in Cornelius throug

Blackstone Invests $300 Million at a $5 billion Valuation in DDN, AI and Data Intelligence Solutions Leader, to Fuel Further Rapid Growth

Lastest from Businesswire - Thu, 01/09/2025 - 09:45
CHATSWORTH, Calif. & NEW YORK--(BUSINESS WIRE)--DDN, a global leader in AI and data intelligence solutions, today announced it has received a $300 million investment from funds managed by Blackstone Tactical Opportunities (“Blackstone”) at a $5 billion valuation. The investment will be used to help fund DDN’s continued rapid growth as it serves its customers’ fast-expanding AI and high-performance computing (HPC) software and infrastructure needs. Founded in 1998, DDN has thousands of customers

Redfin Reports U.S. Asking Rents Ended 2024 at the Lowest Level in Nearly Three Years

Lastest from Businesswire - Thu, 01/09/2025 - 09:45
SEATTLE--(BUSINESS WIRE)-- #housingmarket--(NASDAQ: RDFN)—The median U.S. asking rent fell 0.3% year over year in December to $1,594—the lowest level since March 2022. That’s according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. The median asking rent was down 0.1% from a month earlier, and down 6.2% from its August 2022 record high of $1,700. The median asking rent per square foot dropped 1.9% year over year in December to $1.78, and fell 0.1% month over month. Askin

Regional Management Corp. to Report Fourth Quarter 2024 Results on Wednesday, February 5, 2025

Lastest from Businesswire - Thu, 01/09/2025 - 09:45
GREENVILLE, S.C.--(BUSINESS WIRE)--Regional Management Corp. (NYSE: RM), a diversified consumer finance company, announced today that it will report its fourth quarter 2024 results after the market closes on Wednesday, February 5, 2025. The company will hold a conference call to discuss results at 5:00 PM ET on that day. A live webcast of the conference call will be available on Regional Management’s website at www.RegionalManagement.com. The dial-in number for the conference call is (877) 407-

Ascend Capital Partners Acquires Majority Stake in Unison Therapy Services

Lastest from Businesswire - Thu, 01/09/2025 - 09:45
NEW YORK--(BUSINESS WIRE)--Ascend Capital Partners (“Ascend”), a healthcare focused private equity firm dedicated to improving the access, affordability and quality of healthcare for vulnerable and underserved populations, today announced that it has acquired a majority stake in Unison Therapy Services (“Unison”), one of the largest outsourced therapy providers for Pre-K – 12 students in school- and community-based settings. Unison, founded in 1989, is a multi-disciplinary provider of therapy s

Valspring Capital Successfully Closes Fund I Above Target at $255 Million

Lastest from Businesswire - Thu, 01/09/2025 - 09:45
BOSTON--(BUSINESS WIRE)--Valspring Capital, a healthcare-focused growth equity firm, today announced the close of the firm’s debut fund, Valspring Capital Fund I (the “Fund”), above its target, at $255 million. Founded in 2022 by a team spun off from Bain Capital Ventures to pursue healthcare investments with the firm’s support, the Valspring team will seek to invest primarily in growth-stage companies in the healthcare industry, focusing on the information technology, technology-enabled servic

Wedbush Securities Welcomes Alex Froloff as Financial Consultant in Pasadena, CA

Lastest from Businesswire - Thu, 01/09/2025 - 09:45
LOS ANGELES--(BUSINESS WIRE)-- #NewHires--Wedbush Securities, a prominent diversified independent financial services provider, is pleased to announce that Alex Froloff has joined the firm as a Financial Consultant in Wealth Management. Joining from Merrill Lynch, Froloff brings more than 25 years of experience designing, implementing, and consulting on retirement plans for executives and business owners. Throughout his career, Froloff has worked to establish customized wealth management and investment stra

MidOcean Partners Leads $197.5 Million Structured Equity Investment in Sale-Leaseback Transaction with EquipmentShare

Lastest from Businesswire - Thu, 01/09/2025 - 09:45
NEW YORK--(BUSINESS WIRE)--MidOcean Partners (“MidOcean”), a premier alternative asset manager specializing in middle-market private equity, alternative credit, and structured capital, announced today that it led a $197.5 million structured equity investment in OWN Equipment Fund I LLC, a newly formed special-purpose vehicle. The equity investment supported a $797.5 million sale-leaseback transaction (the “Transaction”) with EquipmentShare.com Inc. (“EquipmentShare”), a leading construction equ

ACI Worldwide’s Bridget Hall Recognized Among American Banker’s Most Influential Women in Payments 2025

Lastest from Businesswire - Thu, 01/09/2025 - 09:45
OMAHA, Neb.--(BUSINESS WIRE)--ACI Worldwide (NASDAQ: ACIW), an original innovator in global payments technology, today announced that Bridget Hall, Leader of Real-Time Payments for the Americas, has been named one of American Banker’s Most Influential Women in Payments for 2025. This prestigious award celebrates female leaders shaping the future of payments and advancing the financial services industry writ large. American Banker’s Most Influential Women in Payments recognizes individuals whose

Taylor Pottle Joins Alliant Insurance Services’ Employee Benefits Group

Lastest from Businesswire - Thu, 01/09/2025 - 09:45
IRVINE, Calif.--(BUSINESS WIRE)-- #AlliantInsurance--Taylor Pottle has joined Alliant Insurance Services as Vice President within its Employee Benefits Group. Based in the Northeast, Pottle will focus on small group sales, working with employers ranging from two-person companies to organizations with more than 1,000 employees. With years of experience in the insurance industry, she brings a consultative approach to helping businesses design and implement comprehensive benefit programs. Pottle helps to provide guid

Catalyze launches GP Runway Fund to bridge financing gaps for Capital Entrepreneurs

Lastest from Businesswire - Thu, 01/09/2025 - 09:45
NEW YORK--(BUSINESS WIRE)-- #CapitalEntrepreneurs--Catalyze, a national platform providing Capital Entrepreneurs with support and capital to build enduring firms, announced the launch of the inaugural GP Runway Fund today. The Fund will extend flexible working capital loans to U.S.-based underrepresented and innovative investors raising funds one through three. Spring Point Partners, Gary Community Ventures, and Blue Haven Initiative will anchor the Fund, and Catalyze will continue to raise third-party capital to inve

Cirium Launches Industry-First GenAI Assistant for On-Time Performance

Lastest from Businesswire - Thu, 01/09/2025 - 09:45
LONDON--(BUSINESS WIRE)--Cirium has unveiled the industry’s first generative AI assistant designed specifically for airline and airport on-time performance (OTP).

Core Scientific Announces Strategic Marketing Hire to Accelerate Growth and Brand Leadership

Lastest from Businesswire - Thu, 01/09/2025 - 09:45
AUSTIN, Texas--(BUSINESS WIRE)--Core Scientific, Inc. (Nasdaq: CORZ) ("Core Scientific" or “the Company”), a leader in digital infrastructure for high-performance computing and digital asset mining, today announced the appointment of Scott Brueggeman as Chief Marketing Officer. With over 20 years of experience in digital infrastructure and technology businesses, Brueggeman will play a pivotal role in strengthening the company’s brand presence, driving growth, and expanding market opportunities.

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