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SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — The typical home bought in the U.S. hit a record age of 36 years in 2024, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. That’s nine years older than the median age of homes purchased in 2012, highlighting how a lack of new construction over the past 15 years has fast-tracked the aging of America’s housing stock. This is according to a Redfin analysis of MLS data on the age of homes bought between 2012

NEW YORK--(BUSINESS WIRE)--Leading global AI-powered credit underwriting platform provider Scienaptic AI, announced today that Michigan-based Alliance Catholic Credit Union has implemented its AI-based underwriting platform and is now live. This deployment is significantly streamlining the credit union’s underwriting process, leading to an increase in approval rates and a notable enhancement in the member experience. Importantly, all these advancements have been achieved while ensuring fairness

INCLINE VILLAGE, Nev.--(BUSINESS WIRE)-- #autoindustry--Kerrigan Advisors today released the results of its third annual OEM survey, sharing insights into the thinking of automotive manufacturers. Conducted prior to the Trump Administration’s April 2nd tariff announcement, the 2025 Kerrigan OEM Survey reveals growing concern among automaker executives about China’s rapid expansion in the global automotive sector – especially in electric vehicles (EVs) – and a slower-than-expected US EV rollout. Additionally, p

DALLAS--(BUSINESS WIRE)--Sole Source Capital LLC, an industrial-focused private equity firm, today announced that its portfolio company, Peak Technologies, a leading system integrator in the Automatic Identification and Data Capture (“AIDC”) market, has acquired Automation Intelligence, LLC. The acquisition marks Sole Source Capital’s 18th add-on acquisition for Peak Technologies since Sole Source acquired the company in 2021. Automation Intelligence enhances Peak Technologies’ portfolio with a

NEW YORK--(BUSINESS WIRE)--Apex Fintech Solutions Inc. (“Apex”), an innovation launchpad for the global investment ecosystem, has announced a strategic alliance with ília Digital (“ília”), a leading innovator in digital transformation and bespoke technology design. This collaboration empowers financial institutions in Latin America (LatAm) and the U.S. to elevate their offerings with customized investment platforms powered by Apex AscendOS’s state-of-the-art API-driven infrastructure. This coll

TORONTO--(BUSINESS WIRE)--A Settlement has been reached in the global class action against Aphria and certain of its former officers and directors regarding alleged misrepresentations made in certain of Aphria’s public disclosures released between January 29, 2018 and December 3, 2018 (the “Class Action”). Aphria and the other Defendants have denied all allegations against them. The Settlement provides for the payment by the Defendants of the total amount of CAD $30,000,000 to resolve the Class

BOSTON--(BUSINESS WIRE)--Advent International (“Advent”), one of the largest and most experienced global private equity investors, today announced the appointment of Stephan Scholl as an Operating Partner. Scholl will focus on driving transformational opportunities across sectors. He will work closely with Advent’s team and portfolio companies to identify, source, and execute new deals while supporting value creation initiatives. “We are thrilled to welcome Stephan to our distinguished team of

NEW YORK--(BUSINESS WIRE)--Category: Fund Announcement

LOS ANGELES--(BUSINESS WIRE)-- #AI--IMAGINE unveiled its global ecosystem for AI, deep tech, and purpose-built systems for human & planetary benefit at the 2025 Milken Conference

HOUSTON & NEW YORK--(BUSINESS WIRE)--NRG Energy Inc. (NYSE: NRG) and LS Power Equity Advisors, LLC (“LS Power”) today announced that they have entered into a definitive agreement under which NRG will acquire a portfolio of natural gas generation facilities and a commercial and industrial virtual power plant (C&I VPP) platform from LS Power (the “Portfolio”) in a cash and common stock transaction valued at approximately $12.0 billion Enterprise Value, representing an acquisition multiple of

HOUSTON--(BUSINESS WIRE)--Phillips 66 will host its 2025 Annual Meeting of Shareholders on Wednesday, May 21 at 8 a.m. CT in a virtual-only format via audio webcast.

SALT LAKE CITY--(BUSINESS WIRE)--KindlyMD, Inc. (NASDAQ:KDLY, “KindlyMD”), a leading provider of integrated healthcare services, today announced that it has entered into a definitive merger agreement with Nakamoto Holdings Inc. (“Nakamoto”), a Bitcoin-native holding company, to start a Bitcoin treasury strategy. Nakamoto is a new holding company founded by David Bailey. In partnership with BTC Inc, Nakamoto seeks to build the first global network of Bitcoin treasury companies. This is the first

NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) reported today that its preliminary assets under management (“AUM”) as of April 30, 2025 totaled approximately $231.4 billion. The month’s AUM included FX appreciation of $5.1 billion, market depreciation of $0.9 billion, and net outflows of $0.2 billion. LAZARD, INC. ASSETS UNDER MANAGEMENT (“AUM”) (unaudited) ($ in millions)     As of:   April 30, March 31,   20251 2025 Equity   $176,313 $174,130 Fixed Income   46,341 44,024 Other   8,754 9,

NEW YORK--(BUSINESS WIRE)--Infinedi Hires Henry Hemaya

NEW YORK--(BUSINESS WIRE)--As demand for clean, reliable energy continues to rise across the U.S., Aligned Climate Capital (Aligned) today announced the final close of its sixth distributed solar fund, Aligned Solar Partners 6 LP (ASP6), with commitments above the $200 million target fund size. ASP6 achieved final close with participation from leading institutional investors in the U.S. and globally, including insurance companies, endowments, foundations, and family offices. Aligned has been in

SAN LUIS OBISPO, Calif.--(BUSINESS WIRE)--AFX Research, a nationwide leader in tech-driven title abstracting, today announced a new integration leveraging the latest Encompass Partner Connect API framework from Intercontinental Exchange (ICE) for mortgage technology and available via the Marketplace in the ICE digital lending platform. This modern framework enables industry participants to integrate with ICE solutions and provide their services to loan originators and servicers through secure A

SUNNYVALE, Calif.--(BUSINESS WIRE)--Proofpoint, Inc., a leading cybersecurity and compliance company, today announced the launch of its next-generation digital communications governance (DCG) offering, delivering real-time search, AI-driven supervision and surveillance, and state-of-the-art archiving and compliance capabilities. Deployed by six of the top 10 financial services firms in the U.S., according to Fortune 100 rankings, the offering, now available on public cloud, is designed to simpl

BASEL, Switzerland--(BUSINESS WIRE)--Ahead of its proposed listing in Munich later this year, HausVorteil – backed by Infinitas Capital – is delighted to announce that it has appointed Sören Ploschke as CFO. HausVorteil, based in Hamburg, is a pioneering company in the equity release sector that offers a range of financial products that enable homeowners in Germany to release the assets tied up in their properties, tailored to their individual needs. Sören has substantial listed company experie

SAN DIEGO--(BUSINESS WIRE)--The suit alleges defendants issued false statements re: West Pharmaceutical business & prospects, resulting in its stock trading at inflated prices.

FRAMINGHAM, Mass. & DUBLIN--(BUSINESS WIRE)-- #employeerecognition--Workhuman Ignites Industry Momentum as the Undisputed Leader in Employee Recognition