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TSG Consumer to Acquire EoS Fitness

Lastest from Businesswire - Mon, 05/12/2025 - 11:32
SAN FRANCISCO & DALLAS--(BUSINESS WIRE)--TSG Consumer Partners (“TSG Consumer”), a leading specialist private equity firm focused exclusively on the consumer sector, today announced it has signed a definitive agreement to acquire EoS Fitness (“EoS”), a leading US operator of High Value. Low Price.® (HVLP) gyms. EoS Chief Executive Officer Rich Drengberg will continue to head the company with his tenured leadership team and will retain a vested interest in the go-forward company. EoS is a rapidl

World Market partners with Affirm to offer new, flexible payment option in-store and online

Lastest from Businesswire - Mon, 05/12/2025 - 11:32
ALAMEDA, Calif.--(BUSINESS WIRE)--World Market, a national specialty retailer known for stylish, quality furniture and home decor, thoughtful gifts, and one of the largest assortments of candy and international food favorites, has partnered with Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, to offer shoppers a smarter, more transparent way to pay over time. With the summer shopping season in full swing, consumers can now access Affirm’s fle

MPOWER Financing Securitizes $313.2 Million of International Student Loans

Lastest from Businesswire - Mon, 05/12/2025 - 11:32
WASHINGTON--(BUSINESS WIRE)--MPOWER Financing ("MPOWER"), a mission-driven fintech firm and the leader in international student financing, today announced the completion of its second securitization, MPOWER Education Trust 2025-A ("MPOWR 2025-A"). The $313.2 million collateral pool is composed of U.S. dollar-denominated, fixed-rate loans made to international students attending leading American and Canadian universities. The securitization size exceeds MPOWER’s inaugural securitization of $215.

CommerceNext Growth Show Announces Initial 2025 Speaker Lineup

Lastest from Businesswire - Mon, 05/12/2025 - 11:32
NEW YORK--(BUSINESS WIRE)--CommerceNext today announced the speaker lineup for its 2025 CommerceNext Growth Show scheduled for June 24-26, 2025, at the New York Hilton Midtown.

Davis Wright Tremaine, Amazon, and Nonprofit Organizations Announce First-of-Its-Kind Scam Justice Legal Clinic

Lastest from Businesswire - Mon, 05/12/2025 - 11:32
WASHINGTON--(BUSINESS WIRE)--Davis Wright Tremaine LLP (DWT) is launching a legal clinic to provide victims of online scams access to the justice system.

Krispy Kreme, Inc. (DNUT) Investors Who Lost Money – Contact Law Offices of Howard G. Smith About Securities Fraud Investigation

Lastest from Businesswire - Mon, 05/12/2025 - 11:32
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith continues its investigation on behalf of Krispy Kreme, Inc. (“Krispy Kreme” or the “Company”) (NASDAQ: DNUT) investors concerning the Company’s possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN KRISPY KREME, INC. (DNUT), CONTACT THE LAW OFFICES OF HOWARD G. SMITH ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS. Contact the Law Offices of Howard G. Smith to discuss your legal rights

Marchex Announces Expanded Partnership with Nationwide Leading Automotive OEM to Provide Access to AI-Powered Engage for Sales and Service Solutions to approximately 3,000 Auto Dealerships

Lastest from Businesswire - Mon, 05/12/2025 - 11:32
SEATTLE--(BUSINESS WIRE)-- #AIsolutions--Marchex (NASDAQ: MCHX), which harnesses the power of AI and conversational intelligence to drive revenue acceleration and operational excellence, today announced an expanded partnership with a major nationwide automotive OEM. Building on the success of Marchex Spotlight for its dealer network, the OEM will now make Marchex Engage for Sales and Service available to nearly 3,000 auto dealers nationwide. Auto dealers who employ Marchex Engage for Sales and Service will le

Upscale AI Launches With $5.5M in Funding and Unveils ‘Upscale Studio’ — the First AI-Native Platform to Create and Run Performance TV Ads on Streaming Channels

Lastest from Businesswire - Mon, 05/12/2025 - 11:32
SAN FRANCISCO--(BUSINESS WIRE)--Upscale AI Launches With $5.5M in Funding and Unveils Upscale Studio - the First AI-Native Platform to Create and Run Performance TV Ads on Streaming.

Redfin Reports U.S. Asking Rents Fell 1% Year Over Year in April—Biggest Drop in 14 Months

Lastest from Businesswire - Mon, 05/12/2025 - 08:32
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — The median U.S. asking rent fell 1% year over year to $1,625 in April, marking the biggest decline since February 2024, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. That’s $80 below the August 2022 record high of $1,705. On a month-over-month basis, the median U.S. asking rent rose 1.2% in April—typical for this time of year. “Asking rents are sluggish because there are more apartments for rent than

Curated Wealth Partners Welcomes Nellie Keyhani as a Director of Client Advisory

Lastest from Businesswire - Mon, 05/12/2025 - 08:32
LOS ANGELES--(BUSINESS WIRE)--Curated Wealth Partners, a leading multi-family office and investment management firm serving ultra-high-net-worth clients, today announced the addition of Nellie Keyhani as a Director of Client Advisory. With nearly two decades of experience advising high-net-worth individuals and families, Ms. Keyhani brings a rare combination of strategic insight and deep technical expertise to her new role. “We’re thrilled to welcome Nellie to our team,” said Lee Hutter, CEO of

State Street Global Advisors Research Examines Investors’ Risk Awareness Amid Market Volatility

Lastest from Businesswire - Mon, 05/12/2025 - 08:32
BOSTON--(BUSINESS WIRE)--State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT), today released its ETFs in Focus Study: Risk Management Attitudes & Behaviors and its ETF Impact Report 2025-2026. The study is part of State Street Global Advisors ETF Impact series, which was created to explore the evolving role of ETFs in portfolio construction, risk perceptions, and investor behavior. Conducted annually since 2022, this applied research provides

Lazard Asset Management Completes Conversion of Mutual Fund to Launch International Dynamic Equity ETF

Lastest from Businesswire - Mon, 05/12/2025 - 08:32
NEW YORK--(BUSINESS WIRE)--Lazard today announced that it has completed the conversion of the Lazard International Equity Advantage mutual fund into the exchange-traded fund (ETF), Lazard International Dynamic Equity ETF (NYSE: IEQ), listed on the New York Stock Exchange. IEQ offers investors a way to invest in international equities through a more tax-efficient, lower fee solution. “We are seeing the pendulum start to swing toward international equities, which are becoming increasingly attract

SAS Executive and Global Head of MRM Solutions David Asermely Joins ValidMind as Vice President of Global Business Development and Growth Strategy

Lastest from Businesswire - Mon, 05/12/2025 - 08:32
CARY, N.C. & PALO ALTO, Calif.--(BUSINESS WIRE)--ValidMind, a leading platform for model risk management and AI governance, is pleased to announce the appointment of David Asermely as Vice President, Global Business Development and Growth Strategy. Asermely brings more than two decades of experience in analytics, model risk, and financial services, most recently serving in leadership roles at SAS where he helped shape the firm’s Model Risk and AI Governance Solutions for global financial instit

MarketAxess Acquires Majority Control of RFQ-hub Holdings LLC

Lastest from Businesswire - Mon, 05/12/2025 - 08:32
NEW YORK--(BUSINESS WIRE)--MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income securities, today announced the completion of its acquisition of a majority stake in the RFQ-hub platform, a bilateral multi-asset and multi-dealer request for quote (RFQ) platform with a focus on equity and fixed-income listed and OTC derivatives, structured products and exchange-traded funds (ETFs). Following the closing, MarketAxess holds approximately a

Beyond, Inc. Expands Strategic Investment in Kirkland’s Home

Lastest from Businesswire - Mon, 05/12/2025 - 08:32
MURRAY, Utah--(BUSINESS WIRE)--Beyond, Inc. (NYSE:BYON) (the “Company”), owner of Bed Bath & Beyond, Overstock, buybuy BABY, and a blockchain asset portfolio, announced the closing of a $5.2 million expansion of the existing credit facility with Kirkland’s, Inc. (Nasdaq: KIRK). The upsized facility is intended to strengthen Kirkland’s financial position, provide flexibility for general working capital purposes and support an updated store conversion strategy. Additionally, the companies hav

Joseph Leone Joins Ducera Partners as a Managing Director in the Firm’s Capital Markets Group

Lastest from Businesswire - Mon, 05/12/2025 - 08:32
NEW YORK--(BUSINESS WIRE)--Ducera Partners LLC (“Ducera”), a leading investment bank, today announced that Joseph Leone has joined the firm as a Managing Director. He will be based in the firm’s New York office and will focus on advising clients on their private capital financing efforts across an array of industry verticals. Mr. Leone brings more than 15 years of investment banking experience to Ducera and has significant expertise originating complex, bespoke financing structures ranging from

Cantilever Group Appoints Private Equity Veteran Randy Ralph to Advisory Board

Lastest from Businesswire - Mon, 05/12/2025 - 08:32
NEW YORK--(BUSINESS WIRE)--Cantilever Group, an independent investment firm specializing in middle-market GP stakes, today announced the appointment of Randy Ralph to its Advisory Board, significantly enhancing the firm's strategic capabilities. Mr. Ralph joins Cantilever Group with over three decades of exceptional leadership in financial services. He currently serves on the board of Xylem/Kendall, a portfolio company of Sterling Investment Partners, and in advisory roles to both Audax Strateg

Lincoln Financial Announces Cash Tender Offer For Certain Outstanding Securities

Lastest from Businesswire - Mon, 05/12/2025 - 08:32
RADNOR, Pa.--(BUSINESS WIRE)--Lincoln Financial (NYSE: LNC) (the “Company”) today announced the commencement of a cash tender offer (the “Offer”) for the following: (i) 4.375% Senior Notes due 2050 (the “2050 Notes”), (ii) 4.350% Senior Notes due 2048 (the “2048 Notes”), (iii) Capital Securities due 2067 (the “2067 Securities”), (iv) Capital Securities due 2066 (the “2066 Securities”), (v) Subordinated Notes due 2067 (the “2067 Subordinated Notes”), (vi) Subordinated Notes due 2066 (collectivel

Rothschild & Co Appoints Matthew J. Greenberger as Managing Director and Head of Real Estate, North America

Lastest from Businesswire - Mon, 05/12/2025 - 08:32
NEW YORK--(BUSINESS WIRE)--Rothschild & Co is pleased to announce that Matthew J. Greenberger will join the firm as Managing Director and Head of Real Estate, North America, based in New York. In this role, Mr. Greenberger will be responsible for leading Rothschild & Co’s real estate advisory activities across the region, strengthening the firm’s capabilities in an expanding sector. Mr. Greenberger brings over 25 years of investment banking experience, most recently at Citigroup for 21

Apiture and Cornerstone Advisors Join Forces to Help Financial Institutions Evaluate Their Strategic Use of Data

Lastest from Businesswire - Mon, 05/12/2025 - 08:32
WILMINGTON, N.C.--(BUSINESS WIRE)-- #CornerstoneAdvisors--Apiture unveiled new research in partnership with Cornerstone Advisors about financial institutions’ ability to manage data effectively.

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