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Annual spending on specialty drugs continues to increase but at a slower pace than prior years, driven in part by biosimilar adoption.
DALLAS--(BUSINESS WIRE)--Pharmaceutical Strategies Group (“PSG”), an EPIC company, released the Artemetrx State of Specialty Spend and Trend report. This annual report provides a comprehensive analysis based on real world data of utilization of specialty medications across both pharmacy and medical benefits. This year’s report revealed per member per year specialty drug cost increased from $1,333 in 2023 to $1,641 in 2024. However, specialty drug trend decreased to 9.6% in 2024 on a gross cost
Nearly Half of Gen Z Doesn’t Know What Affects Their Credit Score, According to New USAA Report
SAN ANTONIO--(BUSINESS WIRE)--Nearly half of Gen Zers (45%) lack a good understanding of the factors that affect their credit score, with roughly 1 in 5 (18%) having never checked their credit score at all, according to a new USAA report, Gen Z and the Path to a Perfect Credit Score. The report highlights a gap among Gen Zers around attitudes toward credit scores and credit health, showing a generation that’s motivated yet underinformed. Some are taking proactive steps toward building strong cr
Iralogix Launches First-of-Its-Kind Digital Platform to Expand Retirement Access for Small and Mid-Size Employers
PITTSBURGH--(BUSINESS WIRE)--IRALOGIX, the retirement industry’s leading fintech provider, today announced the launch of its Workplace Retirement Plan Portal – a fully digital, white-labeled platform that modernizes employer-sponsored IRAs through automation, real-time self-service and seamless data handling. This release marks a significant step forward in IRALOGIX’s mission to bring scalable, affordable retirement solutions to businesses of all sizes-including the millions of small businesses
White Oak Commercial Finance Deploys a Combined $35 Million in Two New Financings
NEW YORK--(BUSINESS WIRE)--White Oak Commercial Finance (“WOCF”), an affiliate of White Oak Global Advisors (“White Oak”), announced the closing and funding of two new lower middle-market transactions, with a combined total of $35 million of committed capital to fund a leading transportation & logistics company and full-service global marketing agency. WOCF closed a $20 million factoring facility for a fast-growing transportation company and its subsidiaries, which provides high-performance
Uniqus Consultech Launches AI UniVerse
SAN JOSE, Calif.--(BUSINESS WIRE)-- #AIConsulting--Uniqus Consultech, a tech-enabled global platform that offers consulting solutions in the accounting & reporting, finance operations, governance, risk, ESG, and technology domains, announces the launch of its AI consulting practice – AI UniVerse. AI UniVerse is a purpose-built, holistic ecosystem that combines Uniqus’ deep functional knowledge in finance, risk, and sustainability with technical expertise in AI. Organizations across the globe are eager to h
With Patent Expansion, Authvia Positions itself as the Infrastructure Layer for Text-to-Pay
CAMBRIDGE, Mass.--(BUSINESS WIRE)--With Patent Expansion, Authvia Positions Itself as the Infrastructure Layer for Text-To-Pay
Butterfly Closes $527 Million Continuation Fund to Accelerate Growth for QDOBA
LOS ANGELES--(BUSINESS WIRE)--Butterfly, a Los Angeles-based private equity firm specializing in the food and beverage sector, today announced the closing of a $527 million single-asset continuation fund to extend its partnership and accelerate the growth trajectory of QDOBA Restaurant Corporation (“QDOBA” or the “Company”), the No. 1 Mexican fast-casual franchisor in North America with over 800 locations and approaching $1.3 billion in systemwide sales. Apollo’s Sponsor and Secondary Solutions
SS&C Technologies Unifies Wealth Offerings Under SS&C Black Diamond Wealth Solutions
WINDSOR, Conn.--(BUSINESS WIRE)--SS&C Technologies Unifies Wealth Offerings Under SS&C Black Diamond Wealth Solutions
Prosperity Partners Completes Acquisition of Pipaya
CHICAGO--(BUSINESS WIRE)--Prosperity Partners (“Prosperity”), a Chicago-headquartered tax and accounting business backed by Unity Partners LP (“Unity Partners”), today announced that it has completed the acquisition of Vienna, Virgina-based transaction services firm Pipaya. Terms of the private transaction were not disclosed. Led by Adam Strach, who founded the firm in 2009, Pipaya is a transaction advisory firm with expertise in the aerospace, defense and government services industries that fo
Meet ‘aji’: Reveal Names Its GenAI Review Engine & Unlocks Full, No-Cost Access for All Legal Teams Through 2025
CHICAGO--(BUSINESS WIRE)--Reveal, the global provider of the two leading eDiscovery and investigations platforms, both driven by the industry’s most powerful AI engine, today announced the name and upcoming launch of its breakthrough GenAI review technology: aji. Purpose-built to enhance legal workflows with attorney-driven logic, defensibility, and transparent AI, aji will officially launch in late September 2025. To promote broad adoption and exploration of next-generation legal GenAI, Reveal
Diligent Report Shows Activist Investors Secure Record Board Seats in H1 2025 Amid Shifting Market Landscape
NEW YORK--(BUSINESS WIRE)--Despite an 11% decline in the volume of seats gained by activists globally and a 23% drop in U.S. board representation demands, shareholder activists secured a record 112 board seats at U.S.-based companies in the first half of 2025, up from 101 in the same period last year. This success, driven by a high proportion of settlements, is detailed in the new Diligent Market Intelligence: Proxy Season Review 2025 report from Diligent, produced in association with Olshan Fr
Virtus Introduces Virtus AlphaSimplex Global Macro ETF
NEW YORK--(BUSINESS WIRE)--Virtus Investment Partners, Inc. (NYSE: VRTS) has expanded its offerings of distinctive, actively managed exchange-traded funds with the introduction of the Virtus AlphaSimplex Global Macro ETF (NYSE Arca: ASGM). ASGM is the 21st ETF offering from Virtus’ multi-manager ETF platform, Virtus ETF Solutions. Virtus AlphaSimplex Global Macro ETF utilizes AlphaSimplex’s proprietary research and dynamic risk management systems to analyze market behavior and adapt to changing
ReSeed Partners Strengthens Executive Team to Drive Scalable Growth
BIRMINGHAM, Ala.--(BUSINESS WIRE)-- #CommercialRealEstate--Birmingham real estate private equity firm ReSeed Partners strengthens leadership team with executive promotions and new CFO hire
HSLC Taps Vine for AI-Powered Commercial Lending
AUSTIN, Texas--(BUSINESS WIRE)--HSLC, $227 million community bank serving Ohio and Kentucky, will reduce commercial loan processing time from days to hours after implementing Vine’s AI-powered lending platform. The 130-year-old institution expects to eliminate manual document processing while improving accuracy across its commercial real estate, equipment financing, and agricultural lending portfolio. Based in Kenton, Ohio, HSLC recently opened branches in Lexington, Ky., where it does a majori
Recognition in Recession: 15-Point Yearly Drop in Recognition Fuels Increasing Workforce Disengagement
TORONTO--(BUSINESS WIRE)--Employee recognition is in sharp decline compared to last year, adversely impacting employee performance, according to Achievers' 2025 State of Recognition report from Achievers Workforce Institute (AWI). AWI is the research and insights arm of Achievers, the world's most utilized recognition and reward software. The significant decline has initiated a ripple effect across key workplace metrics, including employee engagement, trust, and productivity. AWI’s annual State
Panorama Education Appoints Marc Linden as Chief Financial Officer to Advance Growth and Impact
BOSTON--(BUSINESS WIRE)--Panorama Education, an education technology company that helps students achieve success in school and beyond, today announced the appointment of Chief Financial Officer Marc Linden. With decades of experience scaling high-growth technology companies, Marc will lead Panorama’s financial strategy and operations as the company continues to innovate to meet the evolving needs of students, educators, and families nationwide at a pivotal time for K-12 education. Marc joins th
Vehlo Launches RapidRecon Pro That Streamlines Reconditioning for Dealership Efficiency
KNOXVILLE, Tenn.--(BUSINESS WIRE)--Vehlo, a leading provider of integrated software and financial solutions for the automotive repair industry, today announced the launch of RapidRecon Pro, a powerful new version of its popular reconditioning platform designed to accelerate vehicle turnaround and boost dealership profitability. RapidRecon Pro introduces key enhancements, including seamless integration with CDK Repair Orders (ROs) and a modern, future-ready platform. "We've streamlined RapidReco
KBRA Assigns Ratings to Public Finance Authority (Georgia SR 400 Express Lanes Project) $3.4 Billion PABs and SR 400 Peach Partners, LLC's $3.9 Billion TIFIA Loan
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns its BBB+ ratings to the Public Finance Authority's $3.4 billion senior lien toll revenue bonds, series 2025 (Georgia SR 400 Express Lanes Project) (the private activity bonds (PAB)), which support the Georgia SR 400 Express Lanes Project. KBRA also assigns its BBB rating to SR 400 Peach Partners, LLC’s $3.9 billion TIFIA loan. The Outlook is Stable. In August 2024, the consortium formed by Meridiam SR-400, LLC, Acciona Concesiones S.L., and ACS Infrastruc
KBRA Assigns Ratings to Public Finance Authority (Georgia SR 400 Express Lanes Project) $3.4 Billion PABs and SR 400 Peach Partners, LLC's $3.9 Billion TIFIA Loan
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns its BBB+ ratings to the Public Finance Authority's $3.4 billion senior lien toll revenue bonds, series 2025 (Georgia SR 400 Express Lanes Project) (the private activity bonds (PAB)), which support the Georgia SR 400 Express Lanes Project. KBRA also assigns its BBB rating to SR 400 Peach Partners, LLC’s $3.9 billion TIFIA loan. The Outlook is Stable. In August 2024, the consortium formed by Meridiam SR-400, LLC, Acciona Concesiones S.L., and ACS Infrastruc
ePayPolicy Secures Strategic Investment from LLR Partners
AUSTIN, Texas--(BUSINESS WIRE)-- #InsurTech--ePayPolicy, a leading provider of AR, AP, and integrated payment solutions for the insurance industry, announced an investment from LLR Partners.