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SS&C Technologies Unifies Wealth Offerings Under SS&C Black Diamond Wealth Solutions

Tue, 08/05/2025 - 09:15
WINDSOR, Conn.--(BUSINESS WIRE)--SS&C Technologies Unifies Wealth Offerings Under SS&C Black Diamond Wealth Solutions

Prosperity Partners Completes Acquisition of Pipaya

Tue, 08/05/2025 - 09:15
CHICAGO--(BUSINESS WIRE)--Prosperity Partners (“Prosperity”), a Chicago-headquartered tax and accounting business backed by Unity Partners LP (“Unity Partners”), today announced that it has completed the acquisition of Vienna, Virgina-based transaction services firm Pipaya. Terms of the private transaction were not disclosed. Led by Adam Strach, who founded the firm in 2009, Pipaya is a transaction advisory firm with expertise in the aerospace, defense and government services industries that fo

Meet ‘aji’: Reveal Names Its GenAI Review Engine & Unlocks Full, No-Cost Access for All Legal Teams Through 2025

Tue, 08/05/2025 - 09:15
CHICAGO--(BUSINESS WIRE)--Reveal, the global provider of the two leading eDiscovery and investigations platforms, both driven by the industry’s most powerful AI engine, today announced the name and upcoming launch of its breakthrough GenAI review technology: aji. Purpose-built to enhance legal workflows with attorney-driven logic, defensibility, and transparent AI, aji will officially launch in late September 2025. To promote broad adoption and exploration of next-generation legal GenAI, Reveal

Diligent Report Shows Activist Investors Secure Record Board Seats in H1 2025 Amid Shifting Market Landscape

Tue, 08/05/2025 - 09:15
NEW YORK--(BUSINESS WIRE)--Despite an 11% decline in the volume of seats gained by activists globally and a 23% drop in U.S. board representation demands, shareholder activists secured a record 112 board seats at U.S.-based companies in the first half of 2025, up from 101 in the same period last year. This success, driven by a high proportion of settlements, is detailed in the new Diligent Market Intelligence: Proxy Season Review 2025 report from Diligent, produced in association with Olshan Fr

Virtus Introduces Virtus AlphaSimplex Global Macro ETF

Tue, 08/05/2025 - 09:15
NEW YORK--(BUSINESS WIRE)--Virtus Investment Partners, Inc. (NYSE: VRTS) has expanded its offerings of distinctive, actively managed exchange-traded funds with the introduction of the Virtus AlphaSimplex Global Macro ETF (NYSE Arca: ASGM). ASGM is the 21st ETF offering from Virtus’ multi-manager ETF platform, Virtus ETF Solutions. Virtus AlphaSimplex Global Macro ETF utilizes AlphaSimplex’s proprietary research and dynamic risk management systems to analyze market behavior and adapt to changing

ReSeed Partners Strengthens Executive Team to Drive Scalable Growth

Tue, 08/05/2025 - 09:15
BIRMINGHAM, Ala.--(BUSINESS WIRE)-- #CommercialRealEstate--Birmingham real estate private equity firm ReSeed Partners strengthens leadership team with executive promotions and new CFO hire

HSLC Taps Vine for AI-Powered Commercial Lending

Tue, 08/05/2025 - 09:15
AUSTIN, Texas--(BUSINESS WIRE)--HSLC, $227 million community bank serving Ohio and Kentucky, will reduce commercial loan processing time from days to hours after implementing Vine’s AI-powered lending platform. The 130-year-old institution expects to eliminate manual document processing while improving accuracy across its commercial real estate, equipment financing, and agricultural lending portfolio. Based in Kenton, Ohio, HSLC recently opened branches in Lexington, Ky., where it does a majori

Recognition in Recession: 15-Point Yearly Drop in Recognition Fuels Increasing Workforce Disengagement

Tue, 08/05/2025 - 09:15
TORONTO--(BUSINESS WIRE)--Employee recognition is in sharp decline compared to last year, adversely impacting employee performance, according to Achievers' 2025 State of Recognition report from Achievers Workforce Institute (AWI). AWI is the research and insights arm of Achievers, the world's most utilized recognition and reward software. The significant decline has initiated a ripple effect across key workplace metrics, including employee engagement, trust, and productivity. AWI’s annual State

Panorama Education Appoints Marc Linden as Chief Financial Officer to Advance Growth and Impact

Tue, 08/05/2025 - 09:15
BOSTON--(BUSINESS WIRE)--Panorama Education, an education technology company that helps students achieve success in school and beyond, today announced the appointment of Chief Financial Officer Marc Linden. With decades of experience scaling high-growth technology companies, Marc will lead Panorama’s financial strategy and operations as the company continues to innovate to meet the evolving needs of students, educators, and families nationwide at a pivotal time for K-12 education. Marc joins th

Vehlo Launches RapidRecon Pro That Streamlines Reconditioning for Dealership Efficiency

Tue, 08/05/2025 - 09:15
KNOXVILLE, Tenn.--(BUSINESS WIRE)--Vehlo, a leading provider of integrated software and financial solutions for the automotive repair industry, today announced the launch of RapidRecon Pro, a powerful new version of its popular reconditioning platform designed to accelerate vehicle turnaround and boost dealership profitability. RapidRecon Pro introduces key enhancements, including seamless integration with CDK Repair Orders (ROs) and a modern, future-ready platform. "We've streamlined RapidReco

KBRA Assigns Ratings to Public Finance Authority (Georgia SR 400 Express Lanes Project) $3.4 Billion PABs and SR 400 Peach Partners, LLC's $3.9 Billion TIFIA Loan

Tue, 08/05/2025 - 09:15
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns its BBB+ ratings to the Public Finance Authority's $3.4 billion senior lien toll revenue bonds, series 2025 (Georgia SR 400 Express Lanes Project) (the private activity bonds (PAB)), which support the Georgia SR 400 Express Lanes Project. KBRA also assigns its BBB rating to SR 400 Peach Partners, LLC’s $3.9 billion TIFIA loan. The Outlook is Stable. In August 2024, the consortium formed by Meridiam SR-400, LLC, Acciona Concesiones S.L., and ACS Infrastruc

KBRA Assigns Ratings to Public Finance Authority (Georgia SR 400 Express Lanes Project) $3.4 Billion PABs and SR 400 Peach Partners, LLC's $3.9 Billion TIFIA Loan

Tue, 08/05/2025 - 09:15
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns its BBB+ ratings to the Public Finance Authority's $3.4 billion senior lien toll revenue bonds, series 2025 (Georgia SR 400 Express Lanes Project) (the private activity bonds (PAB)), which support the Georgia SR 400 Express Lanes Project. KBRA also assigns its BBB rating to SR 400 Peach Partners, LLC’s $3.9 billion TIFIA loan. The Outlook is Stable. In August 2024, the consortium formed by Meridiam SR-400, LLC, Acciona Concesiones S.L., and ACS Infrastruc

ePayPolicy Secures Strategic Investment from LLR Partners

Tue, 08/05/2025 - 09:15
AUSTIN, Texas--(BUSINESS WIRE)-- #InsurTech--ePayPolicy, a leading provider of AR, AP, and integrated payment solutions for the insurance industry, announced an investment from LLR Partners.

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

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

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

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

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

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

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

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.

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