Posted on 12/8/20
Monarch Alternative Capital Raises $3 Billion for Fifth Fund
Monarch Alternative Capital LP, a leading distressed and opportunistic credit investment firm, today announced the final close of Monarch Capital Partners V. Monarch raised approximately $3 . . .
Posted on 12/8/20
Backcast Partners Invests in KMS
Backcast Partners Management, LLC, a provider of capital for both middle market private equity and non-private equity owned companies, is pleased to announce its most recent . . .
Posted on 12/8/20
Acharya Capital Partners Announces Formation of Private Equity Firm
Acharya Capital Partners, LLC announced its formation as a New York-based private equity firm focused on buying, building and enhancing companies in the lower middle-market.David Acharya, a . . .
Posted on 12/8/20
First Q3 Credit Card Debt Reduction in 35 Yrs & Cities with the Least Sustainable Debt – WalletHub Reports
With the economy still on shaky ground as COVID-19 cases rise and the holiday shopping season kicks into gear, the personal-finance website WalletHub today released its . . .
Posted on 12/8/20
NoFraud Announces Investment from PSG
NEW YORK--(BUSINESS WIRE)--NoFraud, a premier provider of full-service fraud prevention software to e-commerce merchants, today announced a significant investment from funds advised by PSG, a leading . . .
Posted on 12/8/20
Wells Fargo's Massive Rally May Only Be Starting
SummaryWells Fargo's stock could rise by as much as 28%, based on bullish options betting.The stock currently trades at a steep discount to its peers.A return . . .
Posted on 12/8/20
Why Mastercard Rose 16.6% in November
What happenedShares of Mastercard (NYSE:MA) rose 16.6% in November, according to data provided by S&P Global Market Intelligence.The financial services company's stock has recovered more than . . .
Posted on 12/8/20
How Risky Is JPMorgan Chase Stock?
The coronavirus pandemic has affected some industries more than others, and banking unfortunately fell into the category that saw more downside. Most banks saw their share . . .
Posted on 12/8/20
Why American Express Stock Rose 30% in November
What happenedAmerican Express (NYSE:AXP) shareholders trounced a surging market in November as their stock gained 30% compared to the 11% increase in the S&P 500, according . . .
Posted on 12/8/20
JPMorgan Calls For Government Stimulus Before COVID-19 Does More Damage
JPMorgan Chase (NYSE:JPM) is officially supportive of more government-driven stimulus.That's the gist of a study the bank made publicly available recently, though it was directed toward . . .
Posted on 12/8/20
ESPN, Under Armour and LISC Announce New Round of Funding
ESPN, Under Armour and the Local Initiatives Support Corporation (LISC) announced today that four new communities will be eligible for grants through the RePlay initiative, which . . .
Posted on 12/7/20
Rand Capital Participates in Centivo $34 Million Series B Funding
BUFFALO, N.Y.--(BUSINESS WIRE)--Rand Capital Corporation (Nasdaq: RAND), a business development company, today announced that it recently funded a $500,000 Series B Preferred stock follow-on investment in . . .
Posted on 12/7/20
BioCryst Announces $325 Million of Funding from Royalty Pharma and Athyrium Capital Management
NEW YORK and RESEARCH TRIANGLE PARK, N.C., Dec. 07, 2020 (GLOBE NEWSWIRE) -- BioCryst Pharmaceuticals, Inc. (Nasdaq: BCRX), Royalty Pharma plc (Nasdaq: RPRX) and Athyrium Capital . . .
Posted on 12/7/20
Interactive Brokers Acquiring Retail Brokerage From Goldman Sachs
Interactive Brokers Group (NASDAQ:IBKR) is acquiring a big piece of a peer brokerage from Goldman Sachs (NYSE:GS). In the deal, Interactive will purchase the self-directed retail . . .
Posted on 12/3/20
THL Closes Secondary Transaction with Hightower
Thomas H. Lee Partners, L.P. and Hightower today announced that THL closed an innovative secondary transaction, reaffirming THL's long-term commitment as an investor in Hightower. In addition . . .
Posted on 12/3/20
Exterro Portfolio Company Of Leeds Equity Partners Acquires AccessData
Exterro Inc., the leading provider of legal GRC software covering eDiscovery, data privacy and cybersecurity compliance, announced today it has acquired AccessData,
Posted on 12/3/20
CIT Serves as Sole Lender on $25 Million Revolving Credit Facility for KMS
CIT Group Inc. (NYSE: CIT) today announced that its Asset-Based Lending and Sponsor Finance businesses collaborated to serve as agent and sole lender on a $25 . . .
Posted on 12/3/20
The Real Brokerage Closes $20 Million Strategic Investment by Insight Partners
The Real Brokerage Inc. (TSXV: REAX) (OTCQX: REAXF) is pleased to announce today the closing of a US $20 million equity investment by Insight Partners through the . . .
Posted on 12/3/20
Bridge Bancorp and Dime Community Bancshares Shareholders Approve Merger of Equals
BRIDGEHAMPTON, N.Y. and BROOKLYN, N.Y., Dec. 03, 2020 (GLOBE NEWSWIRE) -- Bridge Bancorp, Inc. (Nasdaq: BDGE), the parent company of BNB Bank, and Dime Community Bancshares, . . .
Posted on 12/3/20
York Capital Invest in F1 Payments
AUSTIN, Texas & NEW YORK--(BUSINESS WIRE)--F1 Payments, a fintech company focused on increasing business velocity for all constituents in the payments ecosystem, today announced it has . . .
Posted on 12/3/20
MFG Partners Invest in Storage Solutions
NEW YORK--(BUSINESS WIRE)--MFG Partners), a private equity firm based in New York, is pleased to announce that it has completed an investment in Storage Solutions, Inc.. . . .
Posted on 12/3/20
Chicago Receives $7.2 Million from JPMorgan Chase’s AdvancingCities
CHICAGO--(BUSINESS WIRE)--JPMorgan Chase today announced Chicago is one of seven winning cities in its AdvancingCities Challenge, part of the firm’s $500 million, five-year initiative to drive . . .
Posted on 12/3/20
Is JPMorgan Chase Eyeing a British Challenger Bank?
JPMorgan Chase (NYSE:JPM) is considering buying a British challenger bank to jump-start the launch of its own digital banking efforts in the U.K., The Times of . . .
Posted on 12/2/20
Tinuiti Announces Investment from New Mountain Capital
Tinuiti - the largest independent performance marketing firm across Google, Facebook and Amazon - today announced it has partnered with New Mountain Capital, a leading growth-oriented . . .
Posted on 12/2/20
Function of Beauty $150 Million Strategic Investment from L Catterton
Function of Beauty, a leading creator of customizable hair, skin, and body care products, today announced that it has received a $150 million strategic minority investment . . .
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