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AI GTM Leader Clay Raises $100M Series C to Fuel GTM Engineering Roles Industrywide

Lastest from Businesswire - Tue, 08/05/2025 - 09:15
NEW YORK--(BUSINESS WIRE)--Clay, the leading AI go-to-market (GTM) development platform, today announced it has raised $100 million in Series C funding at a $3.1 billion post-money valuation, just six months after announcing its Series B expansion. The round was led by Alphabet’s independent growth fund, CapitalG, with participation from existing investors Sequoia Capital, Meritech Capital, First Round Capital, BoxGroup, and Boldstart, as well as new investor Sapphire Ventures. This brings the

Tortoise Capital Launches the Tortoise AI Infrastructure ETF (NYSE: TCAI), Providing Access to the Foundational Infrastructure Powering the AI Revolution

Lastest from Businesswire - Tue, 08/05/2025 - 09:15
OVERLAND PARK, Kan.--(BUSINESS WIRE)--Tortoise launches TCAI ETF, targets key systems and companies building and enabling the infrastructure that makes AI possible.

Cloud Software Group to Acquire Arctera

Lastest from Businesswire - Tue, 08/05/2025 - 06:15
FORT LAUDERDALE, Fla. & PLEASANTON, Calif.--(BUSINESS WIRE)--Cloud Software Group, Inc. today announced that it has entered into a definitive agreement to acquire Arctera, a global leader in data management, from funds affiliated with global investment firm Carlyle. Terms of the transaction were not disclosed. Upon close, Arctera will operate as a standalone business unit within the Cloud Software Group portfolio. Arctera is a global data management company created in 2024 following the combina

loanDepot Adds Mortgage Technology Trailblazers to Executive Team

Lastest from Businesswire - Tue, 08/05/2025 - 06:15
IRVINE, Calif.--(BUSINESS WIRE)-- #HomeMeansEverything--loanDepot, Inc. (NYSE: LDI) (together with its subsidiaries, "loanDepot" or the "Company") today announced two executive appointments intended to drive profitable growth and operating leverage through the development of best-in-class technology. As Chief Digital Officer, Dominick Marchetti leads the Company’s overall digital transformation and strategy, ultimately responsible for using technology to drive improved operational outcomes and competitive advantage.

Ares Commercial Real Estate Corporation Reports Second Quarter 2025 Results

Lastest from Businesswire - Tue, 08/05/2025 - 06:15
NEW YORK--(BUSINESS WIRE)--Ares Commercial Real Estate Corporation (the “Company”) (NYSE:ACRE), a specialty finance company primarily engaged in directly originating and investing in commercial real estate assets, reported generally accepted accounting principles (“GAAP”) net income (loss) of $(11.0) million or $(0.20) per diluted common share and Distributable Earnings (Loss)(1) of $(27.9) million or $(0.51) per diluted common share for the second quarter of 2025. “In the second quarter, we co

Lemonade Announces Second Quarter 2025 Financial Results

Lastest from Businesswire - Tue, 08/05/2025 - 06:15
NEW YORK--(BUSINESS WIRE)--Lemonade, Inc. (NYSE: LMND) has released its second quarter 2025 financial results by posting them to its website. You may view the financial results in the Q2 2025 Letter to Shareholders. Today, Lemonade will host a conference call at 8:00 am Eastern time (5:00 am Pacific time) to discuss the results. To join the call, please dial in, toll-free at (833) 470-1428, or at (404) 975-4839; conference ID: 820365. To join the live webcast please visit the Lemonade Investor

Gartner Reports Second Quarter 2025 Financial Results

Lastest from Businesswire - Tue, 08/05/2025 - 06:15
STAMFORD, Conn.--(BUSINESS WIRE)--Gartner, Inc. (NYSE: IT) today reported results for the second quarter of 2025 and updated its financial outlook for the full year 2025.

Monroe Capital Supports GTCR’s Investment in Clear Capital

Lastest from Businesswire - Tue, 08/05/2025 - 06:15
CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as joint lead arranger on the funding of a senior credit facility to support the investment in Clear Capital by GTCR. Founded in 2001 and headquartered in Reno, NV, Clear Capital is a leading provider of valuation technology, analytics and data solutions for the mortgage and real estate industries. The company provides customers with a complete understanding of nearly every U.S. property through AI-driven analytics, data

Ryan Acquires LHL Property Auditors Ltd

Lastest from Businesswire - Tue, 08/05/2025 - 03:15
LONDON & DALLAS--(BUSINESS WIRE)--Ryan, a leading global tax services and software provider, has announced the acquisition of LHL Property Auditors Ltd (LHL), a boutique property tax firm based in the UK focused on recovery of business rates reliefs and exemptions. Founded in 2014, LHL brings more than 50 years of combined experience in business rates legislation, valuation, and compliance. With deep expertise in business rates legislation and local authority processes, the firm serves as a tru

Ripjar and RZOLUT Announce Strategic Partnership to Enhance AML Screening

Lastest from Businesswire - Tue, 08/05/2025 - 03:15
LONDON, NEW YORK & SINGAPORE--(BUSINESS WIRE)-- #AIinFinance--Ripjar and RZOLUT Announce Strategic Data Partnership to Enhance AML Screening

agilon health, inc. Investigated for Securities Fraud Violations - Contact the DJS Law Group to Discuss Your Rights – AGL

Lastest from Businesswire - Tue, 08/05/2025 - 03:15
LOS ANGELES--(BUSINESS WIRE)---- $AGL--agilon health, inc. Investigated for Securities Fraud Violations - Contact the DJS Law Group to Discuss Your Rights – AGL

AGL Investors Have Opportunity to Join agilon health, inc. Fraud Investigation with the Schall Law Firm

Lastest from Businesswire - Tue, 08/05/2025 - 00:15
LOS ANGELES--(BUSINESS WIRE)---- $AGL--AGL Investors Have Opportunity to Join agilon health, inc. Fraud Investigation with the Schall Law Firm

Jeh Aerospace Secures $11 Million from Elevation Capital, General Catalyst to Scale Next-Generation Aerospace Manufacturing

Lastest from Businesswire - Mon, 08/04/2025 - 21:15
ATLANTA--(BUSINESS WIRE)--Jeh Aerospace, one of the world’s fastest-growing aerospace manufacturing startups, has raised $11 million in Series A funding round led by Elevation Capital, with participation from existing investor General Catalyst. In just 18 months since its seed round, Jeh Aerospace has scaled to a team of over 100, delivered more than 100,000 flight-critical components and tools, and secured $100 million in long-term contracts with global aerospace leaders, cementing its positio

Reynold Lemkins Drives Cross-Border Deep Tech Investment, Featured Prominently at Asia’s Leading Capital and Innovation Forums

Lastest from Businesswire - Mon, 08/04/2025 - 21:15
HONG KONG & MACAU--(BUSINESS WIRE)-- #CATL--Reynold Lemkins Group, a global investment firm known for its long-term cross-border capital strategy, made a notable impact this May at two of Asia’s premier events: the Greenwich Economic Forum (GEF) Hong Kong and BEYOND Expo 2025 in Macau. At GEF Hong Kong, Reynold Lemkins Asia Chief Investment Officer Kris Haoran Liu was invited to speak on a high-level roundtable titled “Family Office Investment Outlook”, moderated by Tae Yoo, Managing Director of Hong K

KKR Prices $900,000,000 of 5.100% Senior Notes due 2035

Lastest from Businesswire - Mon, 08/04/2025 - 21:15
NEW YORK--(BUSINESS WIRE)--KKR & Co. Inc. (“KKR”) (NYSE: KKR) today announced that it has priced its previously announced offering of $900,000,000 aggregate principal amount of its 5.100% Senior Notes due 2035 (the “notes”). The notes will be senior obligations of KKR and will be fully and unconditionally guaranteed by KKR Group Partnership L.P. The offering is expected to close on August 7, 2025, subject to customary closing conditions. KKR intends to use the net proceeds from the sale of

Millrose Properties, Inc. Announces Pricing of Upsized $1.25 Billion Senior Notes Offering

Lastest from Businesswire - Mon, 08/04/2025 - 18:15
MIAMI--(BUSINESS WIRE)--Millrose Properties, Inc. (NYSE: MRP) (“Millrose” or the “Company”) announced today the pricing of its private offering (the “Offering”) of $1.25 billion aggregate principal amount of its 6.375% Senior Notes due 2030 (the “Notes”), representing a $250 million upsize from the previously announced offering size, at an initial offering price of 100.000% of the principal amount plus accrued interest, if any, from August 7, 2025. The Offering is expected to close on August 7,

Epicor Helps Distributors in Australia and New Zealand Turn Insights into Action with Epicor Prophet 21 Cloud ERP

Lastest from Businesswire - Mon, 08/04/2025 - 18:15
SYDNEY--(BUSINESS WIRE)--Epicor today continued its global portfolio expansion with the upcoming release of Epicor Prophet 21 for distributors in Australia and New Zealand.

J.B. Poindexter & Co., Inc. Announces Closing of $250 Million Private Senior Unsecured Notes Offering

Lastest from Businesswire - Mon, 08/04/2025 - 18:15
HOUSTON--(BUSINESS WIRE)--J.B. Poindexter & Co., Inc. (the “Company”), a privately-held company, today announced that it has closed its private offering of $250 million aggregate principal amount of senior unsecured notes due 2031 (the “New 2031 Notes”). The New 2031 Notes were priced at 100.500% of the principal amount plus accrued interest from June 15, 2025 to the closing date and will bear interest at 8.750% per annum. The New 2031 Notes form a single series with, and have the same term

Paycom Announces Quarterly Cash Dividend

Lastest from Businesswire - Mon, 08/04/2025 - 18:15
OKLAHOMA CITY--(BUSINESS WIRE)--Paycom Software, Inc. (“Paycom”) (NYSE: PAYC), a leading provider of comprehensive, cloud-based human capital management software, announced today that its Board of Directors declared a cash dividend in the amount of $0.375 per share of common stock, to be paid on Sept. 8, 2025, to all stockholders of record as of the close of business on Aug. 25, 2025. About Paycom Paycom Software, Inc. (NYSE: PAYC) simplifies business and employees’ lives through automated, com

Moody’s Wildfire Risk Model Successfully Completes California Department of Insurance Review Process

Lastest from Businesswire - Mon, 08/04/2025 - 18:15
NEW YORK--(BUSINESS WIRE)--Moody’s Corporation (NYSE:MCO) announced today that the Moody’s RMS U.S. Wildfire Model v2.0 has successfully completed the review process established by the California Department of Insurance (CDI). This critical milestone will enable insurers to use the forward-looking catastrophe model in their residential rate filings, supporting California’s Sustainable Insurance Strategy aimed at stabilizing the state’s property insurance market. The Moody’s wildfire risk model

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