Lastest from Businesswire

CLEVELAND--(BUSINESS WIRE)--Ancora Holdings Group, LLC (together with its affiliates, “Ancora” or “we”) today issued the below statement following its decision to redeem its investment in the long-term special purpose vehicle managed by Hestia Capital Management LLC and, in turn, start directly holding its shares of Pitney Bowes Inc. (NYSE: PBI) (“Pitney Bowes” or the “Company”) due to the size of the position. Fredrick D. DiSanto, Chairman and Chief Executive Officer of Ancora Holdings Group L

FOLSOM, Calif.--(BUSINESS WIRE)--One Inc, the leading digital payments network for the insurance industry, today announced the launch of a pre-built payment integration for Verisk’s FAST (“Flexible Architecture, Simplified Technology”), a modern, flexible platform designed to streamline and scale life insurance operations. This new integration connects One Inc’s industry-leading PremiumPay® for inbound payment capabilities directly into FAST’s configurable system architecture, helping carriers

ATLANTA--(BUSINESS WIRE)---- $FINS--Angel Oak's oversubscribed FINS rights offering highlights strong demand and equips the team to deploy capital into higher-yielding bank debt.

BORDEAUX, France--(BUSINESS WIRE)--DESKi, a healthtech company developing AI-powered diagnostic tools in collaboration with clinicians and researchers, today announced the close of a $6 million seed round to support the U.S. and global market launch of its FDA-approved cardiac imaging software, HeartFocus. The seed round was led by Racine², an impact-focused fund managed by Serena and Makesense, with participation from BNP Paribas Développement, Épopée Gestion, Good Only Ventures, Better Angle,

LOS ANGELES--(BUSINESS WIRE)--Rainwater Equity LLC today announced the launch of the Rainwater Equity ETF (NYSE: RW) — a purpose-built investment solution for financial advisors seeking long-term, tax-efficient exposure to high-quality, recurring revenue businesses that help clients grow wealth with greater confidence and fewer surprises. The ETF invests exclusively in global public companies with durable, repeat-purchase business models and exceptional leadership, held in a concentrated, low-t

LEESBURG, Va.--(BUSINESS WIRE)--Entri, the leader in automated domain setup solutions, today announced it has entered into a multi-year agreement with GoDaddy to integrate GoDaddy’s Domain Connect System into Entri Connect, bringing even faster, one-click DNS configuration to Entri customers and their end users. “Our mission has always been to remove the friction from launching online,” said Abe Storey, Chief Executive Officer of Entri. “By teaming up with GoDaddy, we’re giving businesses the m

SAN FRANCISCO--(BUSINESS WIRE)-- #taskrabbit--Taskrabbit Reimagines the Retail Customer Experience, Launching New Integrated Solutions for Partners

BOSTON--(BUSINESS WIRE)--State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT), has seen significant investor adoption of its proxy voting choice offering that empowers investors to direct how shares held in the funds they own are voted. Two years into the program, global investors can now choose from up to 11 non-SSGA voting policies that are available for more than 80% of the index equity assets eligible for the program, comprising approximately $

PORTLAND, Ore.--(BUSINESS WIRE)-- #DigitalBanking--Tyfone, OMNICOMMANDER Partner to Enhance Digital Marketing Solutions for Clients

NEW YORK--(BUSINESS WIRE)--Turnspire Capital Partners LLC (“Turnspire”) is pleased to announce that its portfolio company USG Water Solutions, LLC (“USG” or the “Company”) completed a successful recapitalization. Wells Fargo served as Administrative Agent of USG's new credit facilities and solely provided the Company’s new revolving credit facility. Overland Advantage acted as sole Lead Arranger. The proceeds are being used to repay USG’s prior debt, support investment in the Company’s diversif

LOS ANGELES--(BUSINESS WIRE)--Ernst & Young LLP (EY US) announced that Arad Levertov, CEO of Sunbit was named an Entrepreneur Of The Year 2025 Greater Los Angeles Award winner. Entrepreneur Of The Year is the preeminent competitive awards program for entrepreneurs and leaders of high-growth companies. For 40 years, EY US has celebrated ambitious entrepreneurs who are transforming industries, impacting communities and creating long-term value. Mr. Levertov was chosen by an independent panel

BOSTON--(BUSINESS WIRE)--Velocity One, a portfolio company of Charlesbank Capital Partners and an industry leader that designs, manufactures, and supports a wide range of products for the Aerospace and Defense markets, today announced that it has closed on a new senior credit facility with SLR Credit Solutions comprised of a revolver and term loan. Proceeds of the new credit facility will be used to refinance existing debt and provide the company with the liquidity and flexibility it needs to p

SAN DIEGO--(BUSINESS WIRE)--Actio Biosciences, a clinical-stage biotechnology company leveraging a novel approach to genetics and precision medicine to develop new therapeutics that target shared underlying biology in both rare and common diseases, today announced the closing of a $66 million Series B financing. New investor Regeneron Ventures and current investor Deerfield Management co-led the financing, with participation from existing investors Canaan, Droia Ventures and Euclidean Capital.

SAN FRANCISCO--(BUSINESS WIRE)--CIBC Innovation Banking is pleased to announce a growth capital financing to Carefull, a leading financial safety platform focused on protecting aging adults from financial fraud and exploitation. This financing will further accelerate the company’s expansion, bringing its innovative financial protection solution to more families, financial institutions, and wealth managers. Carefull’s AI-powered platform was designed in direct response to the growing threat of f

RESTON, Va.--(BUSINESS WIRE)--Neovera today announced its acquisition of Greenway Solutions, the leading firm in adversarial fraud testing.

ST. LOUIS--(BUSINESS WIRE)--Thompson Street Capital Partners (TSCP), a private equity firm based in St. Louis, announced today it has acquired Bubbakoo’s Burritos (Bubbakoo’s), a New Jersey-based franchisor of fast-casual Mexican-fusion restaurants. Terms of the transaction were not disclosed. Founded in 2008 in Wall Township, New Jersey by restaurant industry veterans Bill Hart and Paul Altero, Bubbakoo’s delivers a bold twist on traditional Mexican fare. With a focus on made-to-order food and

BOSTON & SAN FRANCISCO--(BUSINESS WIRE)--Audax Private Equity (“Audax”), a capital partner for middle and lower-middle market companies, announced today that it has completed the sale of Thermogenics, a provider of industrial and commercial boiler service and maintenance across North America. Morgan Stanley Capital Partners (“MSCP”) acquired Thermogenics as part of a new investment in the company that closed on June 10, 2025. Terms of the deal are not disclosed. “Thermogenics represented our ve

DENVER--(BUSINESS WIRE)--Modiv Industrial, Inc. (“Modiv Industrial,” “Modiv” or the “Company”) (NYSE:MDV), the only public REIT exclusively focused on acquiring industrial manufacturing real estate properties, announced the declaration of a regular quarterly cash dividend of $0.4609375 per share on the Company’s 7.375% Series A Cumulative Redeemable Perpetual Preferred Stock, $0.001 par value per share (the “Series A Preferred Stock”), for the second quarter of 2025 and the declaration of a reg

WINDSOR, Conn.--(BUSINESS WIRE)--SS&C to Power Wesleyan’s New Digital-First Wealth Platform. Wesleyan selected SS&C Hubwise to deliver the new platform.

NEW YORK--(BUSINESS WIRE)--Star Mountain Capital, LLC (“Star Mountain”), a specialized, employee‑owned private‑markets firm with over $4 billion in assets under management (“AUM”), is pleased to announce that its Founder & Chief Executive Officer, Brett Hickey, has been honored with the Corporate Social Responsibility Award by the Foreign Policy Association (“FPA”) at its annual dinner held on June 5, 2025 at the Harvard Club of New York City. This year’s event gathered leaders from busines