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Priority Technology Holdings, Inc. Announces Closing of New Senior Credit Facilities with Lower Interest Rate

Lastest from Businesswire - Mon, 08/04/2025 - 09:15
ALPHARETTA, Ga.--(BUSINESS WIRE)--Priority Technology Holdings, Inc. (NASDAQ: PRTH) ("Priority" or the "Company"), the payments and banking solution that streamlines collecting, storing, lending and sending money to unlock revenue opportunities, today announced the successful closing of $1.1 billion in new senior credit facilities, consisting of a $1 billion term loan with a 7-year maturity and a $100 million revolving credit facility with a 5-year maturity. The loan proceeds will be used to re

The New York Stock Exchange Appoints Bryan Daniel to Lead NYSE Texas and Announces Location of NYSE Texas Headquarters

Lastest from Businesswire - Mon, 08/04/2025 - 09:15
NEW YORK--(BUSINESS WIRE)--The New York Stock Exchange, part of Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of technology and data, today announced the appointment of Bryan Daniel as President, NYSE Texas and establishment of the headquarters of NYSE Texas. In this role, Bryan will report directly to Lynn Martin, President, NYSE Group. Daniel brings extensive experience in public policy, most recently serving as the Chairman of the Texas Workforce Commission (TWC) whe

Best’s Market Segment Report: Captive Insurance and Alternative Risk Entities Continue to Emerge and Excel

Lastest from Businesswire - Mon, 08/04/2025 - 09:15
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--Rated U.S. captive insurance companies reported another strong year in 2024 and continued to outpace their commercial market peers despite a 14% drop in net income, according to a new AM Best report. The Best’s Special Report, “Captive and Alternative Risk Entities Continue to Emerge and Excel,” states that the population of AM Best-rated U.S. captives posted net income of $1.3 billion, down from $1.5 billion in the previous year. This result comes on the heels o

At Black Hat 2025, LastPass Debuts SaaS Protect to Help Small and Mid-Sized Businesses Stop Employees from Using Unapproved SaaS and AI Apps and Weak Credentials

Lastest from Businesswire - Mon, 08/04/2025 - 09:15
BOSTON--(BUSINESS WIRE)--LastPass, a global leader in password and identity management trusted by over 100,000 businesses worldwide, today unveiled SaaS Protect at Black Hat 2025. Building on the company’s existing SaaS Monitoring capabilities, SaaS Protect introduces a robust set of policy enforcements that enable organizations to move from passive visibility into proactive access control. With features including customizable SaaS app policies, credential risk detection, and real-time enforcem

Proven Optics Named Emerging Vendor in Gartner’s 2025 Market Guide for IT Financial Management Tools

Lastest from Businesswire - Mon, 08/04/2025 - 09:15
COLUMBUS, Ohio--(BUSINESS WIRE)--Proven Optics, a premier IT Financial Management (ITFM) solution provider, today announced its inclusion in Gartner's 2025 Market Guide for IT Financial Management Tools as an Emerging vendor – a designation given to companies demonstrating active market traction, notable capabilities, and growing customer interest, according to Gartner. This recognition underscores Proven Optics' commitment to delivering innovative solutions that help organizations modernize fi

Class Action Against FIFA and EU Football Associations on Behalf of Football Players Launched Today by “Justice for Players”, a Dutch Foundation

Lastest from Businesswire - Mon, 08/04/2025 - 09:15
AMSTERDAM--(BUSINESS WIRE)--The Justice for Players Foundation (“JfP”), a Dutch Foundation has today launched a class action on behalf of professional football players who have been affected by the FIFA Regulations. The claim against FIFA and several national football associations, including the KNVB, the Football Association of the Netherlands, will be filed at the District Court of Midden-Nederland. JfP intends to represent all professional footballers who are playing or who have played in cl

Brightstar Capital Partners Acquires Analyte Health, Establishing Platform in Direct-to-Consumer Healthcare

Lastest from Businesswire - Mon, 08/04/2025 - 09:15
NEW YORK & HOUSTON--(BUSINESS WIRE)--Brightstar Capital Partners (“Brightstar”), a private equity firm focused on investing in business services, industrials, consumer, and government services and technology companies, announced today that it has acquired Analyte Health (“Analyte” or the “Company”), a technology-driven, direct-to-consumer digital health company. As part of the transaction, Analyte founder Fiyyaz Pirani will continue as CEO and retain a significant ownership stake in the Company

California, Hawaii and Massachusetts Have the Highest Share of Homeowners Who Would Benefit if Capital Gains Tax is Eliminated

Lastest from Businesswire - Mon, 08/04/2025 - 09:15
SEATTLE--(BUSINESS WIRE)--More than one in four (25.9%) U.S. homes have gained at least $250,000 in value since the last time they were purchased, while 8% have gained more than $500,000. That’s according to a new report from Redfin, the real estate brokerage powered by Rocket. These are the upper and lower bounds of the potential share of homeowners who stand to benefit if the tax on capital gains from a home sale is eliminated—an idea currently being floated by President Trump and U.S. lawmak

ATL Partners Completes Sale of Majority Stake in GCL

Lastest from Businesswire - Mon, 08/04/2025 - 09:15
NEW YORK--(BUSINESS WIRE)--ATL Partners (“ATL”), a sector-focused private equity firm, today announced it has successfully completed the sale of its majority stake in GCL (the “Company”), a global leader in live events and luxury goods specialty logistics, to Providence Equity Partners, L.L.C (“Providence”), a private equity firm with significant experience investing in and supporting the growth of companies in the entertainment and media sectors. The sale was signed in May and completed on Aug

Valence Surface Technologies Acquires C.I.L. Metal Finishing and C.I.L. Electroplating

Lastest from Businesswire - Mon, 08/04/2025 - 09:15
EL SEGUNDO, Calif.--(BUSINESS WIRE)--Valence Surface Technologies LLC (“Valence”), the largest independent aerospace surface finishing platform in North America, today announced the acquisition of C.I.L. Metal Finishing and C.I.L. Electroplating (“CIL” or the “Company”), a leading provider of surface treatment for highly engineered products in the North American aerospace and defense market. CIL provides surface treatment to leading U.S. customers and platforms under key approvals, including Ra

Opus Medical Launches with High-Touch, Concierge Approach to Work Injury Medical Management

Lastest from Businesswire - Mon, 08/04/2025 - 09:15
NASHVILLE, Tenn.--(BUSINESS WIRE)--Setting a new standard in medical case management, Opus Medical officially launches with a high-touch, concierge-level approach designed to improve outcomes for injured workers while optimizing efficiency for employers and payors. Combining compassionate advocacy with decades of clinical expertise and physician-led oversight, Opus Medical delivers tailored, evidence-based solutions personalized for each case’s clinical intensity—all with the goal of optimizing

Frazier Healthcare Partners Announces the Sale of Elevate Patient Financial Solutions to Audax Private Equity and Parthenon Capital

Lastest from Businesswire - Mon, 08/04/2025 - 09:15
SEATTLE--(BUSINESS WIRE)--Frazier Healthcare Partners (“Frazier”), a private equity firm focused exclusively on the healthcare sector, today announced the sale of Elevate Patient Financial Solutions (“Elevate” or the “Company”) to Audax Private Equity and Parthenon Capital. Financial terms of the transaction were not disclosed. Headquartered in Spring, TX, Elevate is a leading provider of technology-enabled specialty revenue cycle management (“RCM”) services for hospitals and health systems, wi

GeoWealth Secures $38 Million in Series C Funding Led by Apollo

Lastest from Businesswire - Mon, 08/04/2025 - 09:15
CHICAGO--(BUSINESS WIRE)--GeoWealth and Apollo form strategic partnership to transform how private market funds are integrated into model portfolios for the RIA community

The JIAN Group Completes Gulfeagle Supply Acquisition of Broward Roofing Supply

Lastest from Businesswire - Mon, 08/04/2025 - 09:15
FREDERICKSBURG, Va.--(BUSINESS WIRE)--Gulfeagle Supply today announced that it has completed the acquisition of Broward Roofing Supply (“Seller”). Broward Roofing Supply distributes residential and commercial roofing materials throughout Southeast Florida. The JIAN Group initiated this transaction, assisted in the negotiations leading to its conclusion and acted as financial advisor to the Seller. “Working with JIAN proved to be a great decision. There are many dynamics to negotiating and selli

Adnan Al Faraj Appointed Head of SME Direct Lending of ZCG Arabia

Lastest from Businesswire - Mon, 08/04/2025 - 09:15
NEW YORK--(BUSINESS WIRE)--Z Capital Group (“ZCG”), a leading, privately held global firm, today announced the appointment of Adnan Al Faraj as Head of SME Direct Lending of ZCG Arabia. Mr. Al Faraj will lead the firm’s direct lending platform for small- and medium-sized enterprises (“SMEs”) in the Kingdom of Saudi Arabia (the “Kingdom”), with a focus on high-growth, cash-flow generative businesses led by experienced management teams. The appointment builds on ZCG’s previously announced commitm

Metropolitan Commercial Bank Appoints Ali Abedini as its first Chief Artificial Intelligence Officer

Lastest from Businesswire - Mon, 08/04/2025 - 09:15
NEW YORK--(BUSINESS WIRE)-- #mcb--Metropolitan Commercial Bank (the “Bank,” “MCB”), a full-service commercial bank headquartered in New York City is excited to announce the appointment of Ali Abedini as its first Chief Artificial Intelligence Officer, a move that reinforces the Bank’s commitment to investing in technology to deliver continued financial excellence and innovation. Ali joins Metropolitan Commercial Bank with over two decades of experience in advanced analytics, machine learning, and resp

Moody’s Corporation to Present at the Oppenheimer Annual Technology, Internet & Communications Conference on August 11, 2025

Lastest from Businesswire - Mon, 08/04/2025 - 09:15
NEW YORK--(BUSINESS WIRE)--Moody’s Corporation (NYSE: MCO) announced today that Steve Tulenko, President of Moody’s Analytics, will speak at the Oppenheimer Annual Technology, Internet & Communications Conference on Monday, August 11, 2025. The presentation will begin at approximately 10:45 a.m. Eastern Time and will be webcast live. The webcast will be accessible at Moody’s Investor Relations website, ir.moodys.com. This event is conducted in compliance with Regulation FD. Senior managemen

AtlasClear Holdings, Inc. and Dawson James Announce Investment Partnership

Lastest from Businesswire - Mon, 08/04/2025 - 09:15
TAMPA, Fla.--(BUSINESS WIRE)--AtlasClear Holdings, Inc. (“AtlasClear Holdings” or the “Company”) (NYSE American: ATCH) announces a $500,000 debenture investment from Sixth Borough Capital LP, which is led by the CEO of Dawson James, Robert D. Keyser, Jr. “The Company is excited to announce its investment partnership with Sixth Borough,” said John Schaible, Executive Chairman. “Our publicly stated goals include enhancing revenues through Introducing Broker relationships, increased retail, and in

Wesleyan Extends Relationship with SS&C to Help Transform Back-Office Operations

Lastest from Businesswire - Mon, 08/04/2025 - 09:15
WINDSOR, Conn.--(BUSINESS WIRE)--Wesleyan Extends Relationship with SS&C to Help Transform Back-Office Operations

Walker & Dunlop Arranges $105 Million Refinance for Nashville Mixed-Use High-Rise

Lastest from Businesswire - Mon, 08/04/2025 - 06:14
BETHESDA, Md.--(BUSINESS WIRE)--Walker & Dunlop, Inc. announced today that it has arranged $105 million in loan proceeds to refinance 805 Lea, a 356-unit, Class-A high-rise mixed-use property located in Nashville, Tennessee. Walker & Dunlop’s Real Estate Finance Senior Managing Director Stephen Farnsworth and his team arranged the loan on behalf of Key Real Estate Company. The financing, provided by Nuveen (a TIAA company), includes a three-year term with two optional 12-month extension

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