Category: Business

Business News from around the world.

ASG Acquires KaleidaCare and Continues Momentum in Behavioral Health

KaleidaCare joins Foothold Technology and Exym, as a part of ASG, to serve the growing needs of the social services and behavioral health communities. AUSTIN, Texas & WALNUT CREEK, Calif.–(BUSINESS WIRE)–Today, KaleidaCare, a web-based client tracking, management and reporting software solution focused on the needs of social service organizations, announced it is joining Exym and …

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Guru Secures $25M Series B Funding to Empower Teams with Real-Time Knowledge

PHILADELPHIA–(BUSINESS WIRE)–Guru, the world’s first Revenue Empowerment Network, today announced it has secured $25 million in a Series B funding round led by Thrive Capital, with participation from existing investors Emergence Capital, FirstMark Capital, Slack Fund, and Michael Dell’s MSD Capital. With this new funding, Guru will invest in further growth and innovation to transform …

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Global Co-Living Company with U.S. Holdings Raises €1Bn for European Expansion in Sector’s Largest-Ever Single Investment

— MEDICI LIVING Group and CORESTATE Enter Investment Agreement to Develop 35 New ‘QUARTERS’ Co-Living Locations, 6,000 Units Across Europe — NEW YORK–(BUSINESS WIRE)–lt;a href=”https://twitter.com/hashtag/coliving?src=hash” target=”_blank”gt;#colivinglt;/agt;–The parent company of QUARTERS, one the fastest-growing co-living brands in the U.S., today announced a €1bn investment agreement for its European portfolio. This initiative — the largest single co-living …

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Seattle Added Twice the Number of Tech Jobs Than San Francisco but a Growing Shortage of Sales Talent May Limit Future Growth

Winning by Design acquires Science to Sales to support Seattle’s Tech Boom MENLO PARK, Calif.–(BUSINESS WIRE)–lt;a href=”https://twitter.com/hashtag/gotomarket?src=hash” target=”_blank”gt;#gotomarketlt;/agt;–Winning by Design, the premier Software as a Service (SaaS) sales strategy consulting and coaching firm, has agreed to acquire Science to Sales to better serve Seattle based software companies. Winning by Design is headquartered in Silicon Valley, …

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CLARA analytics Announces Expanded Relationship With QBE Insurance

Global Insurance Leader Committed to Improving Claims Process Using AI Technology SANTA CLARA, Calif. & SYDNEY–(BUSINESS WIRE)–lt;a href=”https://twitter.com/hashtag/artificialintelligence?src=hash” target=”_blank”gt;#artificialintelligencelt;/agt;–CLARA analytics (“CLARA”), the leading provider of artificial intelligence (AI) technology in the commercial insurance industry, today announced that QBE Insurance has expanded its adoption of CLARA’s AI-based product suite across its Australian statutory claims, which includes …

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SimpliPhy Receives SC Launch, Inc. Investment

SUMMERVILLE, S.C.–(BUSINESS WIRE)–Greenville-based SimpliPhy, Inc. recently received a $200,000 SC Launch, Inc. investment. This is the first investment for the company that was accepted into SCRA’s entrepreneurial program, SC Launch, in early 2017. SimpliPhy is a cloud-based application that simplifies physician compensation for healthcare organizations and reduces the cost to process physician pay. The product …

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Morgan Stanley Investment Management Raises Over $1.4 Billion for North Haven Tactical Value Fund

NEW YORK–(BUSINESS WIRE)–Morgan Stanley Investment Management today announced it has raised over $1.4 billion for North Haven Tactical Value Fund LP and its related funds (collectively “NHTV” or the “Fund”), significantly exceeding its original fundraising target. The Fund seeks to invest in private, long-term and often illiquid opportunities that are identified primarily by leveraging the …

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Docutech and Tavant Announce Integration for Digitally-Focused Loan Origination Process

SCOTTSDALE, Ariz.–(BUSINESS WIRE)–Docutech, the leading provider of document, eSign, eClose, and print fulfillment technology, today announced its collaboration with Tavant, the leading digital mortgage products and platforms company to provide lenders and borrowers with a more efficient and digitized mortgage origination experience. Docutech’s ConformX dynamic document generation engine and Solex eDelivery and eSignature technology will …

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FRISS Joins Duck Creek Partner Ecosystem to Provide Risk and Fraud Detection Solutions to Property & Casualty Insurers Worldwide

BOSTON–(BUSINESS WIRE)–Duck Creek Technologies has expanded its Partner Ecosystem program with a new relationship with FRISS, the provider of AI-powered risk and fraud detection solutions for underwriting, claims, and SIU to insurers in over 30 countries. FRISS software seamlessly integrates with Duck Creek solutions and insurance processes; using the FRISS Score, users can incorporate a …

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MVIS and ITI Funds Launch the ITI Funds Crypto Index

Digital Assets Index with a capped basket of larger coins for broad diversification FRANKFURT, Germany–(BUSINESS WIRE)–MV Index Solutions (MVIS), and ITI Funds, a modern buy-side intermediary, advisory and asset management business, have launched the ITI Funds Crypto Index (ticker: ITIFC), a capitalization weighted, capped crypto index based on cryptocurrencies selected from a top 30 list. …

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Global Medical REIT Inc. Prices Common Stock Public Offering

BETHESDA, Md.–(BUSINESS WIRE)–Global Medical REIT Inc. (NYSE:GMRE) (the “Company”) today announced that it has priced an underwritten public offering (the “offering”) of 3,500,000 shares of its common stock, par value $0.001 per share, at a price to the public of $9.00 per share for gross proceeds of $31.5 million, before deducting underwriting discounts and commissions …

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Get Ready for the Season…of Taxes!

Wolters Kluwer Tax & Accounting Shares the Top Ten Questions to Ask Your Tax Professional Now –(BUSINESS WIRE)–Wolters Kluwer Tax & Accounting: What: The holiday season is often a blur of commitments with family and friends to celebrate the season of giving. Wolters Kluwer Tax & Accounting reminds individuals that tax season is just around …

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Accenture to Form Strategic Alliance with and Acquire Select Professional Services Assets from Financial Software Firm Zafin

Alliance and acquisition will enhance Accenture’s capabilities in financial services innovations, modernization and transformation and Zafin’s continued focus on developing market-leading software solutions NEW YORK & TORONTO–(BUSINESS WIRE)–Accenture (NYSE: ACN) has entered into an agreement to form a strategic alliance with Zafin, a worldwide leader in financial services software headquartered in Canada, under which Accenture …

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Ryan Acquires France-based VAT Systems to Accelerate EU VAT Compliance Services

Acquisition enhances Ryan’s presence in Europe with best-in-class expertise and proprietary technology to expand international client service offerings DALLAS & PARIS–(BUSINESS WIRE)–lt;a href=”https://twitter.com/hashtag/EU?src=hash” target=”_blank”gt;#EUlt;/agt;–Ryan, a leading global tax services and software provider, announced today the acquisition of Paris, France-based VAT Systems, a tax specialty firm that serves as a one-stop shop for all international value-added …

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Macy’s, Inc. Announces Early Results and Upsizing Of Debt Tender Offer

CINCINNATI–(BUSINESS WIRE)–Macy’s, Inc. (NYSE: M) today announced the early results and upsizing of the previously announced tender offer (the “Tender Offer”) of its wholly owned subsidiary, Macy’s Retail Holdings, Inc. (the “Company”), of the outstanding debt securities identified in the table below (collectively, the “Notes”). The Company has amended the terms of the Tender Offer …

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Remedy Partners Announces Investment from New Mountain Capital

NEW YORK–(BUSINESS WIRE)–Remedy Partners today announced it has entered into agreements securing an investment from New Mountain Capital, a leading private equity investment firm. The investment by New Mountain supports Remedy’s leadership role in the rapidly emerging health care bundled payments industry. “New Mountain prides themselves on building great businesses,” said Steve Wiggins, Remedy’s Founder …

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IHS Markit to Hold Conference Call and Webcast on January 15, 2019 with Release of Fourth Quarter and Fiscal Year 2018 Financial Results

LONDON–(BUSINESS WIRE)–IHS Markit (Nasdaq: INFO), a world leader in critical information, analytics and solutions, will release its financial results for the fourth quarter and fiscal year 2018 on Tuesday, January 15, 2019, before the open of market. In conjunction with the earnings release, investors will have the opportunity to listen to IHS Markit senior management …

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