Lastest from Businesswire
Employee Navigator Completes $100 Million Funding Round
BETHESDA, Md.--(BUSINESS WIRE)--Employee Navigator, a leading benefits administration & HR software provider, announced it has completed a $100 million funding round from existing investors JMI Equity and Spectrum Equity. The minority investment was used in a subsequent $120 million tender offer to provide liquidity to existing shareholders, including early-stage investors of both Employee Navigator and Enrollease, Inc. (“Ease”), which was acquired by Employee Navigator in 2023. Employee Na
Milliman analysis: Mortgage default risk in Q1 2025 inches up to 2.13% due to rising borrower and economic risk
SEATTLE--(BUSINESS WIRE)-- #Milliman--Milliman has just released its latest Mortgage Default Index for Q1 2025.
DAY ONE Early Learning Community Appoints Madeline Henriquez as Executive Director, Dr. Julie Riess in Newly Expanded Role
POUGHKEEPSIE, N.Y.--(BUSINESS WIRE)--DAY ONE Early Learning Community, a nonprofit dedicated to brain-building early education and early childhood career-building opportunities for adults, announced the appointments of Madeline Henriquez as Executive Director, marking a new chapter in the organization’s growth, and Dr. Julie Riess as its first Chief Early Education Officer. The new roles position the organization for rapid growth and expansion, as DAY ONE increases statewide visibility and sees
HKW Partners with AliMed
INDIANAPOLIS--(BUSINESS WIRE)--HKW, a middle-market private equity firm focused on growth companies, has partnered with the Cherubini family to recapitalize AliMed Inc. (“AliMed”). AliMed is a national provider of branded medical products headquartered in Dedham, MA. Founded in 1970, AliMed serves over 15,000 acute and non-acute care facilities, including hospitals, surgery centers, nursing homes and long-term care facilities. “Over 55 years ago, my parents founded AliMed with a focus on qualit
Wells Fargo Commercial Banking Announces Collaboration with the National Center for the Middle Market
SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) today announced a collaboration with the National Center for the Middle Market (NCMM) at The Ohio State University Max M. Fisher College of Business. Wells Fargo’s Commercial Banking group will provide the NCMM with insights into the banking needs of middle market companies, helping guide research reports, including their flagship Middle Market Indicator. The collaboration will also support special research projects and work
Millrose Properties, Inc. Announces Launch of $1.0 Billion Senior Notes Offering
MIAMI--(BUSINESS WIRE)--Millrose Properties, Inc. (NYSE: MRP) (“Millrose” or the “Company”) announced today that it plans to offer (the “Offering”) up to $1.0 billion aggregate principal amount of senior notes due 2030 (the “Notes”), subject to market conditions. The Offering will be exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). Millrose intends to use the net proceeds of the Offering (i) to repay $500 million principal amount outsta
HLVX Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of HilleVax, Inc. Is Fair to Shareholders
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of HilleVax, Inc. (NASDAQ: HLVX) to XOMA Royalty Corporation is fair to HilleVax shareholders. Under the terms of the proposed transaction, HilleVax stockholders will receive $1.95 in cash per share, plus one non-transferable contingent value right, representing the right to receive additional payments under certain conditions. Halper Sadeh encourages HilleVax shareholders to click here t
Pyxl Acquires HOOK, Expanding Creative Capabilities Across the U.S. and Europe
CHARLESTON, S.C.--(BUSINESS WIRE)-- #Acquisition--Pyxl, a leading full-service digital agency with a seventeen-year history of delivering transformative marketing solutions, today announced the acquisition of HOOK, a twenty-year award-winning creative agency known for producing emotionally resonant campaigns for ambitious brands. This strategic acquisition enhances Pyxl’s creative firepower and deepens its ability to serve clients across the United States and Europe. Founded in 2005, HOOK has built an interna
HNI Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of HNI Corporation Is Fair to Shareholders
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of HNI Corporation (NYSE: HNI) and Steelcase Inc. is fair to HNI shareholders. Upon closing of the proposed transaction, HNI shareholders will own approximately 64% of the combined company. Halper Sadeh encourages HNI shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalp
SCS Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Steelcase Inc. Is Fair to Shareholders
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Steelcase Inc. (NYSE: SCS) to HNI Corporation for $7.20 in cash and 0.2192 shares of HNI common stock for each share of Steelcase is fair to Steelcase shareholders. Halper Sadeh encourages Steelcase shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com
Morningstar DBRS Assigns “A” Rating to WSFS Bank; WSFS Financial Corporation Receives “A (low)” Rating with Stable Outlook
WILMINGTON, Del.--(BUSINESS WIRE)--Morningstar DBRS assigned first time ratings to WSFS Financial Corporation (NASDAQ: WSFS) (“WSFS” or “the Company”) with a Long-Term Issuer Rating of "A (low)". At the same time, Morningstar DBRS assigned a Long-Term Issuer Rating of “A” to WSFS Bank. The trends on all credit ratings are Stable. The Intrinsic Assessment (IA) for the Bank is “A,” while its Support Assessment is SA1. The Company's Support Assessment is SA3, and the Long-Term Issuer Rating is pos
Snowflake to Present at Upcoming Investor Conference
No-Headquarters/BOZEMAN, Mont.--(BUSINESS WIRE)---- $SNOW #TheAIDataCloud--Snowflake (NYSE: SNOW), the AI Data Cloud company, will have Chief Executive Officer, Sridhar Ramaswamy, present at the Goldman Sachs Communacopia + Technology Conference on September 8th, at 3:45PM PT. An event webcast will be accessible on the investor relations section of the Snowflake website at https://investors.snowflake.com and archived on the Snowflake site for a period of 30 days. About Snowflake Snowflake is the platform for the AI era,
Popular, Inc. Declares Dividend on Preferred Stock and Announces Distribution on Trust Preferred Securities
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--Popular, Inc. (NASDAQ: BPOP) announced today that it has declared the following monthly cash dividend on its outstanding shares of Non-Cumulative Monthly Income Preferred Stock: a monthly cash dividend of $0.132813 per share of 6.375% Non-Cumulative Monthly Income Preferred Stock, 2003 Series A, payable on September 2, 2025 to holders of record as of August 15, 2025. The Corporation also announced the following monthly distribution on its outstanding Trus
Divi Founder Dani Austin Named BeautyMatter’s 2025 Entrepreneur of the Year
DALLAS--(BUSINESS WIRE)--Divi, the scalp and hair wellness brand redefining scalp care, is thrilled to announce that founder Dani Austin has been named BeautyMatter’s 2025 Entrepreneur of the Year. This honor celebrates not only Divi’s category-defining innovation, but also Dani’s transformative impact as a creator-CEO. A Forbes Top Creator for three consecutive years and 2023’s Influencer of the Year, Dani turned her personal hair loss journey into a viral, $40M+ brand that sells a Scalp Serum
EdgeCo Holdings Completes Acquisition of Axios Advisory Group, Ltd. to Join Its AmericanTCS Business Unit
PITTSBURGH--(BUSINESS WIRE)--EdgeCo Holdings LP (“EdgeCo”), a leading provider of best-in-class solutions for financial intermediaries and their clients, announced today that it has completed the acquisition of Axios Advisory Group, Ltd. to become part of its AmericanTCS Holdings, LLC (AmericanTCS) business unit. The transaction includes acquiring American Pension Benefit’s (APB) retirement plan administration and recordkeeping services and the investment advisory services of Axios Wealth Manag
Engineered for Whatever: Columbia Sportswear Debuts Bold, New Brand Platform Celebrating the Extremes of Outdoor Adventures
PORTLAND--(BUSINESS WIRE)--Columbia unveils “Engineered for Whatever,” a bold new brand chapter that harkens back to their signature irreverence and gritty gear testing.
Earned Accelerates its Unique Acquisition-Led Growth Strategy and Establishes New England Footprint with Acquisition of Premier Healthcare-Focused Tax and Accounting Firm, Schwartz & Schwartz
NEW YORK--(BUSINESS WIRE)--Earned, a leading tech-enabled financial services firm purpose-built for healthcare professionals, today announced its acquisition of Schwartz & Schwartz, PC, a Boston-based tax and accounting firm recognized as a market leader in serving dental practices and other healthcare providers. This latest acquisition establishes Earned’s East Coast footprint, starting with the greater Boston area — one of the nation’s largest and most influential healthcare markets. With
National Plaintiffs’ Law Firm Lieff Cabraser Announces Cessna Citation CJ4 Corrosion Defect Investigation
NEW YORK--(BUSINESS WIRE)--National Plaintiffs’ Law Firm Lieff Cabraser Announces Cessna Citation CJ4 Corrosion Defect Investigation
FCL Appoints Mike Davis as Chief Executive Officer to Lead Next Chapter of Growth and Innovation
SUGARLAND, Texas--(BUSINESS WIRE)--First Continental Life & Accident Insurance Company (FCL) , a leader in delivering high-quality dental care coverage, is pleased to announce the appointment of Mike Davis as Chief Executive Officer, effective August 5. This leadership transition marks a new chapter for FCL as the company continues to scale its operations and expand its impact in the healthcare space. With nearly 30 years of experience in the insurance and dental industries, Davis brings a
WestWater Research Expands into Texas Amid Historic $20 Billion Water Infrastructure Investment into Water Supply and Flood Protection
AUSTIN, Texas--(BUSINESS WIRE)--WestWater Research (“WestWater” or the “Company”), the leading advisory firm specializing in water rights and water markets in the United States, today announced its strategic expansion into the Texas market and the hiring of Sharlene Leurig as its first Texas Regional Director. The timing of WestWater’s expansion aligns with a historic moment for Texas water infrastructure. In late May, the Texas Legislature passed Senate Bill 7, which addresses critical water i