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BROOMFIELD, Colo.--(BUSINESS WIRE)--Swisslog Healthcare, a leading supplier of healthcare technology combining pharmacy and transport automation, announces marketing expert Amanda Costanzi as its Global Head of Marketing & Communications. Amanda will lead the company's global marketing team to define and expand Swisslog Healthcare's brand worldwide. "Amanda has been instrumental in shaping both the Swisslog Healthcare and the TransLogic brands and respective communication strategies, bringi

NEW YORK--(BUSINESS WIRE)--Fundwell, a leading fintech platform providing fast, flexible, and transparent business financing, today announced the acquisition of EveryStreet, an innovator in accounts receivable (A/R), accounts payable (A/P), and flexible payment enablement. The acquisition brings EveryStreet’s team, including co-founders Logan Shedd, Scott Priddy, and Kevin Park into the Fundwell organization to strengthen its technology and product offerings to businesses around the country. Ev

PASADENA, Calif.--(BUSINESS WIRE)-- #1031exchange--ExchangeRight has announced that its Essential Income REIT is now live and available on the iCapital Marketplace, a leading global fintech platform for alternative investments. This launch expands access to ExchangeRight’s diversified real estate investments for wealth advisors across the country. This collaboration marks a significant step in providing simplified access to the Essential Income REIT’s historically recession-resilient, institutionally managed p

NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of International Money Express, Inc. (“IMF”) (NasdaqCM: IMXI) to The Western Union Company (NYSE: WU). Under the terms of the proposed transaction, shareholders of IMF will receive $16.00 in cash for each share of IMF that they own. KSF is seeking to determine whether this consideration and the process

NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of MeridianLink, Inc. (NYSE: MLNK) to affiliates of Centerbridge Partners, L.P. Under the terms of the proposed transaction, shareholders of MeridianLink will receive $20.00 in cash for each share of MeridianLink that they own. KSF is seeking to determine whether this consideration and the process that

NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of WideOpenWest, Inc. (NYSE: WOW) to affiliates of DigitalBridge Investments, LLC and Crestview Partners. Under the terms of the proposed transaction, shareholders of WideOpenWest will receive $5.20 in cash for each share of WideOpenWest that they own. KSF is seeking to determine whether this considera

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP, a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of PubMatic, Inc. (“PubMatic” or the “Company”) (NASDAQ: PUBM) investors concerning the Company’s possible violations of the federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON PUBMATIC, INC. (PUBM), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS. What Happened? On August 11, 20

NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until October 14, 2025 to file lead plaintiff applications in a securities class action lawsuit against KinderCare Learning Companies, Inc. (NYSE: KLC), if they purchased the Company’s shares pursuant and/or traceable to the Company’s October 2024 initial public offering (the “IPO”). This action is pending in the

NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of BankFinancial Corporation (NasdaqGS: BFIN) to First Financial Bancorp (NasdaqGS: FFBC). Under the terms of the proposed transaction, shareholders of BankFinancial will receive 0.48 of a share of First Financial common stock for each share of BankFinancial that they own. KSF is seeking to determine w

NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed merger of Monroe Capital Corporation (NasdaqGS: MRCC) and Horizon Technology Finance Corporation (NasdaqGS: HRZN). Upon completion of the proposed transaction, the former Monroe Capital shareholders are expected to own approximately 37% of HRZN. KSF is seeking to determine whether the merger and the process

NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until October 10, 2025 to file lead plaintiff applications in a securities class action lawsuit against SelectQuote, Inc. (“SelectQuote” or the “Company”) (NYSE: SLQT), if they purchased the Company’s securities between September 9, 2020 and May 1, 2025, inclusive (the “Class Period”). This action is pending in t

GREENSBORO, N.C.--(BUSINESS WIRE)--The Global ERG Network (GEN) has announced the winners of the 2025 GEN IMPACT Awards—recognizing the employee groups, councils, and executive sponsors driving measurable, business-aligned change in workplaces across the globe. Selected from a highly competitive pool of nominations, this year’s winners are redefining what employee-led leadership looks like. These honorees were evaluated on ways in which they create workforce and workplace ‘impacts’ through thei

GREENWICH, Conn.--(BUSINESS WIRE)--On behalf of shareholders of Gabelli Value 25 Fund and its affiliates (“GAMCO”), and the approximately 750 separately managed GAMCO advisory clients who held Paramount Global (“Paramount”) Class A shares prior to Paramount’s August 7, 2025 merger with Skydance Corporation (“Skydance”), GAMCO today filed a class action in Delaware Chancery Court. The class action seeks damages for the unfair and inequitable merger consideration that National Amusements, Inc. (“

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to two classes of notes issued by Service Experts Issuer 2025-1 (“SE 2025-1”), a $238.6 million consumer lease ABS transaction. The preliminary ratings reflect initial credit enhancement level of 23.39% for the Class A notes, and 18.03% and for the Class B notes. Credit enhancement consists of overcollateralization, excess spread, a cash reserve account and subordination (except for the Class B notes). This transaction represents the t

NEWPORT BEACH, Calif.--(BUSINESS WIRE)-- #acg--Aviation Capital Group LLC (“ACG”), a premier global full-service aircraft asset manager, released its financial results for the second quarter of 2025. ACG’s financial statements and investor presentation for the second quarter of 2025 are available on its website at https://www.aviationcapitalgroup.com/investors/. “ACG continued to deliver solid performance with record earnings in the first half of 2025 driven by robust operating lease revenue, profitab

BOSTON & SAN FRANCISCO--(BUSINESS WIRE)--Audax Private Equity (“Audax”), a capital partner for middle and lower middle market companies, announced today it has completed the sale of GovOS, a provider of transaction and compliance software for state and local governments to Neumo, a provider of integrated administrative, revenue enhancement and payment software. Terms of the transaction are not disclosed. Based in Austin, Texas, GovOS’s platform provides a suite of cloud-based transaction and co

Small business leaders seldom think their enterprise can operate without them. Most never consider what must be done to ensure smooth continuity when a small business founder and/or owner becomes incapacitated   it can significantly affect the business, often leading to operational disruptions, financial strain, and more. But, having a plan in place, such as designating someone to manage the business, preparing necessary documentation, and considering insurance options, should mitigate these challenges.

Impact on the Business: The incapacitation of the  founder/owner can have a devastating impact, especially without a contingency plan.

Potential consequences include:

·   Operational disruptions: If the business founder and/or owner is incapacitated due to a serious accident, illness, or other debilitating reason, critical tasks and decision making may be left undone, disrupting daily operations, leading to delays, missed deadlines, frustrated clients and lost business.

·   Financial strain: The founder’s and/or owner’s incapacitation can create financial pressure, especially if they are the primary income source.

·   Loss of institutional knowledge: The founder and/or owner often holds critical knowledge about the business, its customers, and processes that may be lost without proper documentation.

·   Employee Loss: The resulting instability of the business can cause key, valuable employees to leave and make it difficult to attract new talent.

·   Succession disputes and loss of control: If there’s no clear succession plan, internal conflicts regarding leadership can arise, further destabilizing the business.  The business could be at risk of mismanagement or even closure.

Mitigate the Risks: Plan for incapacitation.

• Succession Planning, temporary or longer-term: Identify a trusted individual (family member, employee, or trusted friend) who can step in to manage the business during the founder’s and/or owner’s absence. This person should be granted the necessary authority to make decisions, plus have access to financial and operational information.
• Legal agreements: Formalize agreements with the designated individual, outlining their responsibilities and authority, plus compensation.
• Power of attorney: Consider granting a power of attorney for business matters to ensure seamless handling of financial operations and other key aspects of the business. Without proper planning, a court may need to appoint a conservator to manage the owner’s affairs and the business, potentially leading to delays and loss of privacy.

·   Corporate documents: Regularly update corporate documents (e.g., articles of incorporation, bylaws) to reflect current business structure and ownership arrangements.

·   Buy-sell agreements: For businesses with multiple owners, a buy-sell agreement is essential to manage transitions in the event of an owner’s incapacitation or death.

·   Develop a contingency plan: Create a written plan detailing how the business will operate in the founder’s and/or owner’s absence, including who will manage daily operations, finances, and client relationships.

·   Seek financial and legal advice: Consult with a financial advisor and legal counsel to ensure the contingency plan aligns with the founder’s and/or owner’s wishes and legal requirements, plus are strategies are tailored to the specific circumstances of the business as well as its founder and/or owner.

·   Financial management: Ensure there’s a plan for managing the business’s finances and securing sufficient funds to continue operations, including payroll and debt payments.  Set aside an emergency fund to cover an increase in expenses and/or potential loss of income during incapacitation.

·   Document key processes, client information, and financial details: Record crucial business processes and procedures as well as critical client and financial information to ensure continuity of operations, even without the founder’s and/or owner’s direct involvement.

·   Communication: Establish a communication plan to inform employees, clients, and other relevant parties about the situation, provide updates on business status, manage expectations and potential impacts, and expected timeline for return of the founder and/or owner.

·   Get disability insurance: Review existing insurance policies, including disability coverage, Disability insurance can provide a portion of the owner’s income during a period of illness, which helps alleviate personal and business financial strain, offset potential financial losses.

·   Consider key-person disability insurance: This type of coverage benefits the business, safeguards the business financially, if the founder and/or owner or other key employee becomes disabled.

·   Explore federal and state assistance programs: Programs like state-mandated disability insurance programs or Social Security Disability Insurance (SSDI) may provide some financial support.

Addressing Challenges in times of uncertainty.

·   Build a support network: Don’t go it alone, and don’t hesitate to ask for help from trusted friends, family members, or professional advisors.  Develop relationships with industry peers, freelancers, and mentors who can offer assistance, encouragement, and guidance during a crisis.

·   Seek expert advice: Consult with medical professionals, as well as financial and legal advisors, for guidance and support.

·   Automate and outsource: Leverage technology to automate routine tasks and outsource non-essential business functions to free up time and resources.

·   Delegate responsibilities: Empower and train employees to take on additional responsibilities; ensure they are familiar with key processes and client interactions.

·   Prioritize health:  The founder’s and/or owner’s return to good health should be the top priority.  Returning to work too early can prolong recovery and potentially lead to further setbacks or incapacitation.  Consider seeking professional mental health support to address the emotional and psychological challenges of managing a business while incapacitated.

·   Consider the long-term: Reflect on the business’s long-term viability and make adjustments as needed.

By proactively addressing these considerations, small business founders and/or owners can better prepare for and navigate the challenges associated with unexpected incapacitation.

All images by FREEP!K

BOSTON--(BUSINESS WIRE)--PureTech Founded Entity Vedanta Biosciences Announces Phase 2 Study of VE202 in Ulcerative Colitis Did Not Meet Primary Endpoint

LOS ANGELES--(BUSINESS WIRE)-- #business--The Greater San Fernando Valley Chamber of Commerce will host its 11th Annual State of the Valley Luncheon on Thursday, September 4, 2025, from 11:00 a.m. to 1:30 p.m. at the Hilton Los Angeles/Universal City. This highly anticipated event brings together business, civic, and elected leaders from across the San Fernando Valley and the greater Los Angeles region for an in-depth conversation on the most pressing policy issues affecting the local business climate and

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP reminds investors of the upcoming September 30, 2025 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Lineage, Inc. (“Lineage” or the “Company”) (NASDAQ: LINE) common stock pursuant and/or traceable to the registration statement used in connection with the Company’s July 2024 initial public offering (the “IPO”). IF YOU SUFFERED A LOSS ON YOUR LINEAGE INVESTM