RESTON, Va.–(BUSINESS WIRE)–#contract–Assured Consulting Solutions, LLC (ACS) today announced its selection as a One Acquisition Solution for Integrated Services (OASIS) Small Business (SB) Multi-Award Schedule (MAS) Pool 1 Indefinite Delivery Indefinite Quantity (IDIQ) contract winner. ACS Partner Ryan Feeney said that the award is a win for both ACS and its customers. The 10-year contract …
Category: Business
Business News from around the world.
MV Index Solutions GmbH Licenses the BlueStar Top-10 US Banks Index
FRANKFURT, Germany–(BUSINESS WIRE)–Today, MV Index Solutions GmbH (MVIS®) announced the licensing of the BlueStar Top-10 US Banks Index (ticker: BUBNKNTR) to Migdal Mutual Funds, a leading Israeli issuer of ETFs and index mutual funds. The BlueStar Top-10 US Banks Index (ticker: BUBNKNTR) covers the 10 largest US banks, with a buffer at the lower end …
CPSI Announces Partnership With ChartWise Medical Systems to Offer Enhanced TruBridge Clinical Documentation Solutions to Improve Reimbursement, Compliance and Quality Scores for Providers
MOBILE, Ala.–(BUSINESS WIRE)–$CPSI–CPSI (NASDAQ: CPSI), a healthcare solutions company, and ChartWise Medical Systems Inc. (ChartWise), a computer-assisted clinical document improvement (CDI) company, today announced a partnership that will help healthcare organizations of all sizes improve clinical documentation accuracy and overall medical reimbursement. To strategically manage costs, while also requiring improvements in the quality of patient …
Harris Williams Advises BOA Technology Inc. on its Pending Sale to Compass Diversified
RICHMOND, Va.–(BUSINESS WIRE)–Harris Williams, a global investment bank specializing in M&A advisory services, announces that it is advising BOA Technology Inc. (BOA) on its pending sale to Compass Diversified (NYSE: CODI), for a purchase price of $454 million (excluding working capital and certain other adjustments upon closing). BOA is the creator of the award-winning BOA® …
World Insurance Associates Acquires Gateway Agency National
TINTON FALLS, N.J.–(BUSINESS WIRE)–#acquisitions–World Insurance Associates LLC (WIA), a Top 100 Insurance Agency, announced today that it acquired Gateway Agency National (“Gateway”) of Highlands, NJ on September 1, 2020. Terms of the transaction were not disclosed. Founded in 1981, Gateway specializes in home, automobile, boating, and life insurance needs for clients across New Jersey. Gateway …
Directed Capital Raises $92 Million for Distressed Debt Fund, Receives Combined $100 Million in Credit Facilities From Goldman Sachs, Pacific Western Bank, Valley Bank
Financial Firm’s Historical Loan Acquisitions and Originations Climb to More Than $1.5 Billion ST. PETERSBURG, Fla. & SAN DIEGO–(BUSINESS WIRE)–Directed Capital, a national opportunistic real estate finance firm that acquires and strategically repositions commercial mortgage loans, today announced it has closed its tenth flagship fund, raising $92 million in equity commitments that will be deployed …
AM Best Revises Under Review Status to Negative for Credit Ratings for Noor Takaful General PJSC and Noor Takaful Family PJSC
LONDON–(BUSINESS WIRE)–AM Best has revised the under review status to negative from developing for the Financial Strength Ratings of B (Fair) and the Long-Term Issuer Credit Ratings of “bb” of Noor Takaful General PJSC (NTG) (United Arab Emirates) and Noor Takaful Family PJSC (NTF) (UAE). On 27 February 2020, AM Best placed NTG’s and NTF’s …
CFO Taskforce Introduced Principles on SDG Integrated Investments and Finance
ISTANBUL–(BUSINESS WIRE)–The UN Global Compact’s initiative CFO Taskforce, which Turkcell (NYSE:TKC) (BIST:TCELL) takes part as one of the founding members, introduced the CFO Principles On Integrated SDG Investments and Finance to guide financial leaders for long-term sustainable value creation during UN’s General Assembly on September 21st. The UN Global Compact CFO Taskforce launched the first …
Franklin Templeton Multi-Asset Solutions Business and Quantitative Manager QS Investors Join Forces
More Than $120 Billion Solutions Business Brings Together Complementary Client Bases, Geographical Footprint and Investment Strengths Combination Adds Scale, Expertise and Cutting-Edge Technology to Deliver Best-in-Class Solutions for Clients SAN MATEO, Calif.–(BUSINESS WIRE)–Franklin Templeton today announced its plans to combine the Franklin Templeton Multi-Asset Solutions (FTMAS) and QS Investors capabilities to form Franklin Templeton Investment …
Pacific Life Joins Forces with RetireOne
Advisers on the RetireOne Platform Can Now Choose Advisory Annuities from Pacific Life NEWPORT BEACH, Calif.–(BUSINESS WIRE)–Pacific Life announced today that it has expanded access to the company’s two fee-based annuities, Pacific Odyssey® and Pacific Index Advisory®, through RetireOne®—the insurance and annuity back office for more than 900 registered investment advisers (RIAs). “We’re excited that …
Plymouth Rock Assurance Introduces Motorcycle Insurance
New motorcycle and ATV coverages powered by Rider Insurance Company acquisition WOODBRIDGE, N.J.–(BUSINESS WIRE)–Plymouth Rock Assurance today announced the launch of its Motorcycle Insurance for riders across New Jersey and Pennsylvania. Introduced less than a year after the company acquired Rider Insurance Company, Plymouth Rock Motorcycle Insurance combines Rider’s 50-year history of serving the motorcycle …
Laika Raises $10M in Series A Funding
Funding accelerates Laika’s ability to power growth for modern businesses by automating compliance NEW YORK–(BUSINESS WIRE)–Laika, an information security and compliance-as-a-service platform, announced today that it raised $10 million in an equity financing round led by Canapi Ventures. Existing investors Bain Capital, NYCA Partners, and Third Prime also participated alongside notable founders, CEOs, and CTOs …
Digital Legal Exchange Partners With FT Live to Host Its First-Ever Digital Lawyers Conference
LONDON–(BUSINESS WIRE)–The Digital Legal Exchange, a non-profit global institute accelerating digital transformation in legal, has partnered with FT Live and its research partner, RSG Consulting, for the first-ever FT Digital Lawyers Conference. The one-day virtual event will bring together business leaders, general counsel, and law firm partners to discuss the acceleration of digital in legal …
Fifth Third Sets $8 Billion Sustainable Finance Goal
CINCINNATI–(BUSINESS WIRE)–Fifth Third Bancorp (Nasdaq: FITB) today announced that it has set a new sustainable finance goal of $8 billion to be achieved by 2025. This goal continues the Bank’s leadership in environmental sustainability, having become the first Fortune 500 company to achieve 100% renewable power through a single, solar project, earning an A- Climate …
AM Best Assigns Issue Credit Rating to Kemper Corporation’s Senior Unsecured Notes
OLDWICK, N.J.–(BUSINESS WIRE)–AM Best has assigned a Long-Term Issue Credit Rating (Long-Term IR) of “bbb-” to the $400 million, 2.4% senior unsecured notes, due September 2030, recently announced by Kemper Corporation (Kemper Corp.) (Delaware) [NYSE: KMPR]. The outlook assigned to the Credit Rating (rating) is positive. Proceeds will be used for general corporate purposes and …
Kronos and Konica Minolta Announce Strategic Alliance to Support Safer Workplaces During COVID-19 Pandemic
LOWELL, Mass.–(BUSINESS WIRE)–#COVID19–As employees increasingly set high expectations for workplace safety, Kronos Incorporated and Konica Minolta Business Solutions U.S.A., Inc. today announced a strategic alliance to support safer return to work initiatives during the COVID-19 pandemic. Organizations that jointly deploy Konica Minolta intelligent security solutions and Workforce Dimensions from Kronos will benefit from streamlined and …
New White Paper Sees Growing Market for Utility Smart Home Solutions
SmartEnergy IP Survey Confirms That “Cool” and “Energy Savings” Are Two Major Drivers for Consumer Interest in Smart Home PHILADELPHIA–(BUSINESS WIRE)–#AMI–SmartEnergy IP™, a leading research and advisory firm focused on customer experience in energy and utilities, announced today the release of its industry white paper entitled “Customer Preferences Dictate the Future of Smart Home Business …
MEDIA ADVISORY: Intuit to Host Virtual Investor Day
Company to Provide Update on the Company’s AI-Driven Expert Platform Strategy, Innovations for Consumers and Small Businesses MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–Intuit Inc. (Nasdaq: INTU) will host its virtual Investor Day today, beginning at 8:00 a.m. Pacific time. WHAT: Chief executive officer Sasan Goodarzi, chief financial officer Michelle Clatterbuck, executive vice president and general manager, Small …
W. R. Berkley Corporation to Announce Third Quarter 2020 Earnings on October 20, 2020
GREENWICH, Conn.–(BUSINESS WIRE)–W. R. Berkley Corporation (NYSE: WRB) will release its third quarter 2020 earnings after the market closes on Tuesday, October 20, 2020. A copy of the earnings release will be available on the Company’s website at www.berkley.com. The Company has scheduled its quarterly conference call with analysts and investors to discuss its earnings …
First Foundation Schedules Third Quarter 2020 Earnings Conference Call
IRVINE, Calif.–(BUSINESS WIRE)–First Foundation Inc. (NASDAQ: FFWM) (“First Foundation”), a financial services company with two wholly-owned operating subsidiaries, First Foundation Advisors and First Foundation Bank, today announced that it will discuss its financial results for the third quarter ending September 30, 2020 on Tuesday, October 27, 2020 at 11:00 AM ET / 8:00 AM PT. …