Hagerty receives USD 105 Million in Capital from investors
Hagerty, Inc. (NYSE: HGTY), an automotive lifestyle brand and a leading specialty insurance provider focused on the global automotive enthusiast market, recently announced that the company is raising $105 million in capital from existing strategic investors including State Farm, Markel Group and the Hagerty family. This capital raise is comprised of $80 million of convertible preferred equity, which closed on June 23rd, […]
American Riviera Bancorp Announces Changes to Board Leadership
American Riviera Bancorp (“Company”) (OTCQX: ARBV), holding company of American Riviera Bank (“Bank”), recently announced changes in its Board leadership associated with normal succession planning. The changes were approved by the Board following the Company’s annual shareholder meeting and the Board’s organizational meeting on June 15, 2023, and were effective immediately. The appointments provide for continuity […]
Somos, Inc. names Lisa Crutchfield and Brook Colangelo to its Board
Somos, Inc., a global provider of trusted phone number administration and identity management services, announces the appointment of corporate executive and governance expert, Lisa Crutchfield, and technology executive, Brook Colangelo, to its Board of Directors. “I am thrilled to announce the appointment of Lisa and Brook to our Board of Directors,” said Gina Perini, Chair of the Board and […]
Lightpath launches cloud solution for direct connectivity to Amazon Web Services
Lightpath, an all-fiber, infrastructure-based connectivity provider that is revolutionizing how organizations connect to their digital destinations, officially announced yesterday the launch of Cloud Connect for AWS consisting of multiple service options for direct connectivity to Amazon Web Services through Amazon’s Direct Connect locations in in Secaucus NJ, Boston MA, Ashburn VA, and soon in Miami FL. The services provide customers with […]
Star Mountain Capital hires MaryAnn Stauffer as Managing Director
Star Mountain Capital, LLC (“Star Mountain”), a specialized investment manager with approximately $3.5 billion in AUM focused on investing in one of the largest and most underserved market segments in North America, established private small and medium-sized businesses (the “lower middle-market”), announced that MaryAnn Stauffer has joined as a Managing Director. She will further the firm’s client […]
CloudWyze to launch its high-speed fiber network in Dunn, NC
CloudWyze, North Carolina’s premier full-service IT management and internet service provider, has announced plans to launch its high-speed fiber internet service in Dunn, NC as part of the organization’s pursuit of empowering communities through fast and reliable internet service. In 2020, CloudWyze and Harnett County established a public-private partnership with the goal of bringing quality broadband to underserved and unserved areas […]
El Camino Health launches Healthcare Innovation Fund to further patient care
El Camino Health recently announces the launch of a healthcare innovation fund, which will enable the health system to stay at the forefront of new healthcare technology and continue to adopt the latest and best practices to improve patient care. The fund was made possible by a generous gift by local philanthropists Pamela and Edward Taft. “At […]
Illinois American Water acquires Village of Tolono Water and Wastewater Systems
Illinois American Water, a subsidiary of American Water, announced yesterday the acquisition of the Village of Tolono water and wastewater systems for $9.416 million. The newly acquired systems add approximately 1,295 water and 1,254 wastewater customers to the Company’s eastern Illinois service area. “Our team is excited to expand our services and directly serve our […]
Trident Maritime Systems acquires Custom Alloy Corporation assets
Trident Maritime Systems (“Trident”), a leading maritime systems and solutions provider and portfolio company of investment affiliates of J.F. Lehman & Company (“JFLCO”), announced yesterday that it has acquired the assets of Custom Alloy Corporation (“CAC”) through one of its subsidiaries. CAC is a leading, vertically integrated provider of highly specialized alloyed forgings, fittings, and […]
REcolorado partners with SkySlope solutions to launch real estate automation tools
One of Colorado’s largest MLS, REcolorado, has announced plans to enhance its subscriber benefits with the launch of two powerful SkySlope solutions, SkySlope Forms and SkySlope Offers. Designed with the goal to make real estate professionals more efficient, both SkySlope Forms and Offers use automation to simplify time-consuming real estate transaction tasks. “As technology becomes increasingly important […]
