Lastest from Businesswire

DETROIT--(BUSINESS WIRE)--Leading lower middle-market private equity firm Huron Capital (“Huron”) announced that its portfolio company, The Exigent Group (“Exigent,” or the “Company”), along with its operating company, Smith-Boughan Mechanical (“Smith-Boughan”) has acquired Premier Mechanical (“Premier”). Premier is a commercial and industrial HVAC and mechanical services company based in Lima, Ohio. This acquisition marks Exigent’s second acquisition in Northwest Ohio, following its partnershi

PASADENA, Calif.--(BUSINESS WIRE)--ExchangeRight, one of the nation’s leading providers of diversified real estate DST and REIT investments, has announced that all of the company’s offerings continued to meet or exceed projections throughout 2024, extending an unbroken streak of never missing or reducing a distribution for any offering since ExchangeRight’s inception in 2012. Past performance does not guarantee future results. 2024 Performance Highlights As of December 31, 2024, ExchangeRight h

WASHINGTON--(BUSINESS WIRE)--BakerHostetler: Key takeaways Steven Dettelbach, who stepped down from the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) on Jan. 17, returns to BakerHostetler after more than two years as ATF director. He will join as a partner in our national Litigation Practice Group and as a member of the White Collar, Investigations and Securities Enforcement and Litigation team, and has been tapped to chair our 400-attorney Litigation Practice Group, succeeding Ray

NEW YORK--(BUSINESS WIRE)--Alpaca Real Estate (“ARE”), an alternative investment management firm, announced today the closing of a $50 million credit facility with Stifel Bank. This financing marks another key milestone in the firm’s growth, reflecting both the significant progress made in advancing its opportunistic investment strategy and the growing confidence that leading institutions have in its ability to deliver strong results. In addition to the Stifel Bank credit facility, GCM Grosveno

STAMFORD, Conn.--(BUSINESS WIRE)--Pitney Bowes Inc. (NYSE: PBI) (“Pitney Bowes” or the “Company”), a technology-driven company that provides SaaS shipping solutions, mailing innovation, and financial services to clients around the world, today announced that it has acquired the presort business of Royal Alliances, Inc. (“Royal Alliances” or “RA”), a provider of technology-enabled shipping and mailing solutions, headquartered in Irving, Texas. This acquisition further strengthens the Pitney Bowe

AUSTIN, Texas--(BUSINESS WIRE)--BetterUp, the human transformation company and inventor of virtual coaching, is excited to announce the launch of a new AI coach offering designed to provide access to coaching at scale. Available now, this innovative solution in BetterUp’s human transformation platform uses evidence-based approaches to deliver highly-customized coaching experiences to all employees that aligns with each individual’s unique role, personality, preferred learning style, and organiz

PITTSBURGH & CHICAGO--(BUSINESS WIRE)--The Kraft Heinz Company (Nasdaq: KHC) (“Kraft Heinz”) will release its fourth quarter and full year 2024 financial results on Wednesday, Feb. 12, 2025. A press release and supplemental materials, including a pre-recorded management discussion, will be issued before the market opens. Kraft Heinz management will then host a live question-and-answer session with analysts beginning at 9:00 a.m. Eastern Standard Time. The earnings release, supplemental material

NEW YORK--(BUSINESS WIRE)--Churchill Asset Management LLC, the U.S. private capital investment-specialist of Nuveen, announced the firm closed or committed over $13 billion across approximately 400 transactions in 2024, surpassing its previous annual record in 2022 by 18%. Further, Churchill raised over $10 billion, bringing firmwide committed capital to $52 billion1 from more than 4,000 institutional, family office and high-net worth investors globally and representing the firm’s second-larges

BOSTON--(BUSINESS WIRE)-- #accessibility--3Play Media, the leading media accessibility provider in North America, announced today the launch of a comprehensive package of AI-enabled video accessibility tools designed to help universities comply with expanded ADA Title II regulations before the 2026 enforcement deadline. The patented, industry-first solutions suite includes AI-enabled audio description, captioning, and live captioning. 3Play Media’s new solution set uses patented technology to combine AI-enabled

ATLANTA--(BUSINESS WIRE)--Access Point Financial provided $195 million refinancing for The Beekman, A Thompson Hotel in Manhattan, New York.

ABU DHABI, United Arab Emirates--(BUSINESS WIRE)--Burkhan World Investments (BWI), a leading investor in next-generation technologies, strongly supports President Donald Trump’s renewed focus on advancing border security, as outlined in his inaugural address. BWI is proud to stand behind the innovative AI-driven solutions developed by one of its portfolio companies, Blaize, which are poised to transform the way national borders are monitored and secured. Shahal Khan, Founder of Burkhan World In

NEW YORK--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of technology and data, today announced the launch of the NYSE® IPO Index (NYSEIPO), a new equal-weighted index to track the performance of companies listed on the NYSE Group’s exchanges that have been spun off, directly listed, uplisted from OTC or ex-U.S. markets or completed initial public offerings (IPOs) during the last three years. "This new index facilitates investment in the performance of

CHICAGO--(BUSINESS WIRE)--Byline Bancorp, Inc. (NYSE: BY) announced today that Brian F. Doran has joined the Company and Byline Bank as Executive Vice President, General Counsel. Mr. Doran will be responsible for leading the company’s overall legal function and corporate governance initiatives while providing operational and strategic support to the organization and its Board of Directors. Roberto R. Herencia, Executive Chairman and Chief Executive Officer of Byline Bancorp, Inc., stated, “Bria

ATLANTA--(BUSINESS WIRE)-- #AIinFinance--Algebrik AI Partners with OTTOMOTO® to Transform Automotive Lending with AI-Powered Loan Origination

NEW YORK--(BUSINESS WIRE)---- $BIGZ--BlackRock Advisors, LLC announced today that the Board of Trustees of BlackRock Innovation and Growth Term Trust (NYSE: BIGZ) (the “Trust”) has approved certain changes to the Trust’s investment policies (collectively, the “Strategy Changes”). As part of the Strategy Changes, the Trust will (i) adopt a new non-fundamental investment policy to invest, under normal market conditions, at least 80% of its total assets in a combination of equity securities issued by U.S. a

NEW YORK--(BUSINESS WIRE)---- $BFK--BlackRock Advisors, LLC announced today that each of the Boards of Directors/Trustees of each of the closed-end funds named below (each, a “Fund” and collectively, the “Funds”) has approved the following reorganizations (each, a “Reorganization” and collectively, the “Reorganizations), as applicable: BlackRock Municipal Income Trust II (NYSE: BLE), BlackRock Municipal Income Quality Trust (NYSE: BYM) and BlackRock Municipal Income Trust (NYSE: BFK) into BlackRock Muni

NEW YORK--(BUSINESS WIRE)--Saba Capital Management, L.P. (together with certain of its affiliates, “Saba”) today announced that it has entered into standstill agreements (the “Agreements”) with BlackRock Advisors, LLC, which is the investment advisor of the BlackRock Innovation and Growth Term Trust (NYSE: BIGZ) and the BlackRock Health Sciences Term Trust (NYSE: BMEZ) (the “Funds”), following constructive negotiations. Under the terms of the Agreements, BIGZ will conduct a tender offer to purc

SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Home prices rose from a year earlier in all 50 of the most populous U.S. metropolitan areas in December—the first time that has occurred since May 2022, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. By comparison, home prices rose in 41 metros in December 2023. “Places that have long been known as affordable places to live, like Cleveland and Milwaukee, are now seeing double-digit price increases—and

NEW YORK--(BUSINESS WIRE)--Scienaptic AI, a New York-based leader in AI-powered credit underwriting, announces that its Credit Union Service Organization (CUSO) has secured strategic equity investments from four new partners. The coalition now includes three more credit unions clients—Alliance Catholic Credit Union, Partner Colorado Credit Union, and Advantage One Credit Union—and the Michigan Credit Union League. “As institutions deeply rooted in our communities, we recognize the transformativ

LOS ANGELES--(BUSINESS WIRE)--The Cashmere Fund (NASD: CSHMX, “the Fund”), a venture capital interval fund designed for retail and institutional investors alike, that supports its portfolio companies through influential partnerships, today announced a strategic collaboration with Apex Clearing Corporation (“Apex”), an innovation launchpad for the global investment ecosystem. As a new addition to the Apex platform, the Fund is set to be offered to clients of a leading Apex-supported brokerage in