Lastest from Businesswire
TCW Launches $370 Million Core Plus Fixed Income ETF
LOS ANGELES--(BUSINESS WIRE)--The TCW Group announced that it has completed the conversion of the TCW MetWest Intermediate Bond Fund into a new ETF, the TCW Core Plus Bond ETF.
John Lippmann Joins Barings as Head of U.S. Real Estate Capital Markets
CHARLOTTE, N.C.--(BUSINESS WIRE)--Barings, one of the world’s largest diversified real estate investment managers, today announced that John Lippmann has joined Barings as Head of U.S. Real Estate Capital Markets, effective immediately. Lippmann will lead the strategy and execution of asset and fund leverage for U.S. debt and equity real estate portfolios and will support various strategic growth initiatives. He will be based in New York and will report to Shawn Kimble, Head of U.S. & Europ
Trivest Announces Sale of Unosquare
MIAMI--(BUSINESS WIRE)--Trivest Partners (“Trivest”), a leading private equity firm focused exclusively on investing in founder and family-owned businesses, has completed the successful sale of its portfolio company Unosquare, LLC (“Unosquare ” or the “Company”) to Ridgemont Equity Partners. Unosquare partnered with Trivest’s non-control fund, Trivest Growth Investment Fund (“TGIF”), in late 2020. Since launching the non-control extension nearly a decade ago, Trivest has completed 27 non-contro
PSG Completes Sale of Minority Stake in SevenRooms to DoorDash
BOSTON--(BUSINESS WIRE)--PSG, a leading growth equity firm that specializes in partnering with software and technology-enabled services companies to capitalize on transformational growth, announced the firm has completed the sale of its minority stake in SevenRooms, a New York City-based software company and a global leader in hospitality technology, to DoorDash (NASDAQ: DASH). The transaction is part of DoorDash’s $1.2 billion acquisition of SevenRooms. Founded in 2011 by Joel Montaniel, Allis
AE Industrial Partners Establishes Aerospace MRO Services Platform with Investment in Air Transport Components
BOCA RATON, Fla.--(BUSINESS WIRE)--AE Industrial Partners, LP (“AE Industrial”), a private investment firm specializing in national security, aerospace, and industrial services, today announced the acquisition of Air Transport Components (“ATC” or “the Company”), a provider of aircraft component maintenance, repair, and overhaul (MRO) services. ATC will be the cornerstone of a new platform offering a full suite of aviation component and accessories repair services for the commercial, cargo, and
Lincoln Financial Launches Exclusive Capital Group and Vanguard Fund Within Variable Annuities
RADNOR, Pa.--(BUSINESS WIRE)--Lincoln Financial (NYSE: LNC) announced today the launch of LVIP American Funds Vanguard Active Passive Growth Fund, available exclusively within American Legacy® and Lincoln Investor Advantage® variable annuities. The new fund combines the strengths of two leading investment managers – Capital Group and Vanguard – to offer investors opportunities for diversified, long-term growth with a strategic blend of active and passive strategies through a Lincoln variable an
New SailPoint and Deloitte Collaboration Helps Secure the Future of Identity Security with AI Agent Management
AUSTIN, Texas & NEW YORK--(BUSINESS WIRE)--SailPoint, Inc. (Nasdaq: SAIL) and Deloitte today announced an expansion of their alliance to help advance enterprise identity security in the age of agentic AI. The collaboration is designed to help customers address two emerging areas: first, the critical need to secure and govern AI agents; and second, the need for insights and contextual support to help identity teams to achieve precise decision-making, information discovery, and task completion. S
Jiko’s Corporate Cash Confidence Survey of Treasury and Finance Professionals Highlights Confidence Gaps in Liquidity Strategies
SAN FRANCISCO--(BUSINESS WIRE)--Jiko, the technology firm and regulated bank that provides seamless, instant, and secure access to U.S. Treasury bills to modern treasurers through its T-bill agent-driven architecture, today released the findings from its inaugural Corporate Cash Confidence survey of nearly 200 U.S.-based treasury and finance professionals. The results revealed a surprising disconnect between perceived and actual safety: while the majority of respondents still rely on banks and
CDK Announces Partnership With WE Auto Group
AUSTIN, Texas--(BUSINESS WIRE)-- #CDK--CDK to provide their Dealership Xperience Platform, Fixed Operations Suite, and Intelligence Suite to WE Auto Group in Tennessee and Michigan.
The Standard Names Latrina Edwards Second Vice President of Litigation and Employment
PORTLAND, Ore.--(BUSINESS WIRE)--Standard Insurance Company (The Standard) announced today that Latrina Edwards was named second vice president of Litigation and Employment. In this role, Edwards will oversee and manage all aspects of the company’s litigation and employment legal matters. “Latrina has extensive leadership experience, insurance expertise and deep legal knowledge,” said Liz Fouts, vice president, chief legal officer and corporate secretary at The Standard. “I’m delighted to welco
Anthology Announces 2025 Catalyst Award Winners, Honoring Innovation and Excellence Across the Global Education Community
BOCA RATON, Fla.--(BUSINESS WIRE)--Anthology, the leading educational technology company, is proud to announce the recipients of the 2025 Catalyst Awards. These awards celebrate the remarkable achievements of institutions and individuals who are reimagining the possibilities in education through innovative uses of Anthology solutions. Thirty-two institutions from 13 countries and territories earned this year’s awards, highlighting their exceptional contributions on a global stage. The achieveme
Pacer ETFs Rings in a Decade of Innovation and Success, Reflects on Asset Growth, Product Development and Team Expansion
MALVERN, Pa.--(BUSINESS WIRE)--Pacer ETFs Rings in a Decade of Innovation and Success, Reflects on Asset Growth, Product Development and Team Expansion
U.S. Bank Small Business Survey Finds More Than One-Third of Gen Z and Millennial Owners Plan to Acquire a Business From a Retiring Owner – But Many Older Owners Aren’t Ready
MINNEAPOLIS--(BUSINESS WIRE)--U.S. Bank today released its third Small Business Perspective survey report, a nationwide survey of 1,000 small business owners.
Barings Provides $48.1 Million in Bridge Financing on a Logistics Facility in Queens, New York
CHARLOTTE, N.C.--(BUSINESS WIRE)--Barings, one of the world’s largest diversified real estate investment managers, announced that it has provided a $48.1 million loan to Wildflower to refinance the existing loan on JFK Conduit Logistics (“the property”) in Queens, NY. “We’re excited to partner with Wildflower on JFK Conduit Logistics, a strategically located facility in the high-demand JFK industrial submarket. With secured underground parking, strong regional connectivity, and limited future s
Scipher Medicine expands its global presence, bringing precision medicine to Latin America through an alliance with Grupo Amarey
WALTHAM, Mass.--(BUSINESS WIRE)--Scipher Medicine, a leading precision immunology company, today announced a strategic alliance with Grupo Amarey, a leading company in the representation and distribution of technologies, solutions, and services for the healthcare sector in Colombia, Panama, and Costa Rica, to expand the global reach of its innovative precision diagnostic, PrismRA®. This collaboration marks Scipher Medicine’s first international expansion, bringing personalized medicine solution
Sizzling Platter Announces Proposed Offering of $500 Million Senior Secured Notes to Finance Acquisition by Bain Capital Private Equity
SALT LAKE CITY--(BUSINESS WIRE)--Sizzling Platter, one of the largest U.S. restaurant franchisee platforms, today announced that affiliates of Bain Capital Private Equity intend to offer $500 million in aggregate principal amount of senior secured notes due 2032 (the “notes”), subject to market and other customary conditions, to fund the acquisition of Sizzling Platter’s parent (the “Company”) by Bain Capital Private Equity. The affiliates, BCPE Flavor Debt Merger Sub, LLC (“Merger Sub”) and BC
DISCO Brings Gen-AI-Powered Auto Review to the EU, UK
AUSTIN, Texas--(BUSINESS WIRE)--DISCO (NYSE: LAW), a creator of industry-leading litigation technology, today announced the launch of its generative AI automated review tool in the European Union and the United Kingdom, bringing the powerful eDiscovery technology to tens of thousands of law firms and corporations across Europe. DISCO Auto Review combines unprecedented speeds with accuracy metrics that substantially surpass typical human review. The solution is capable of reviewing 32,000 docume
Introducing TNGY, the Tortoise Energy Fund, an ETF Designed for Today’s Energy Income Opportunities
OVERLAND PARK, Kan.--(BUSINESS WIRE)--The energy experts at Tortoise Capital unveil the TNGY ETF, an active ETF focused on what energy has become, not what it once was.
Swyft Filings Appoints Jeff Mosler as Chief Executive Officer
HOUSTON--(BUSINESS WIRE)--Swyft Filings (“Swyft”), a leading provider of document filing and compliance services for small and mid-sized businesses (“SMB”), today announced the appointment of Jeff Mosler as Chief Executive Officer. Mr. Mosler succeeds Charles Lubbat, CEO and Co-Founder of Swyft, who will remain on the company’s Board. Mr. Mosler joins Swyft following the company’s strong first quarter performance. He is a seasoned tech-enabled services executive that possesses a proven track re
Ardurra Acquires Cultural Resource Management Firm, Janus Research, Inc.
MIAMI--(BUSINESS WIRE)-- #Acquisition--Ardurra Acquires Cultural Resource Management Firm, Janus Research, Inc.