Bright partners with Trivest and and acquires PEAK Event Services

Bright Announces Partnership with Trivest and Acquisition of PEAK Event Services

Bright Event Rentals (“Bright” or the “Company”) announces it has partnered with Trivest Partners, LP (“Trivest”), a Miami-based, founder-focused private equity firm with over 40 years of experience creating strategic partnerships and fostering growth. Bright represents the second platform investment in the Trivest Recognition Fund, a recently raised $1.3 billion fund focused on founder-led and […]

June announces EBITDA Profitability at USD 54Mln Revenue Scale

June Announces EBITDA Profitability at $54M Revenue Scale and Appoints New CEO

June, a proptech company improving the rental experience for both tenants and landlords, yesterday announced that it is among the first venture-backed real estate operators to achieve EBITDA profitability. The company became profitable with annualized revenues surpassing $54 million while sustaining an impressive growth rate of more than 60% year-over-year. The company also announced that […]

Velo Payments to acquire YapStone

Velo Payments, Inc. to Acquire YapStone, Inc. and Revolutionize the Payments Landscape

Velo Payments, Inc. is acquiring YapStone Inc., a leading payment processing platform in the short-term and vacation rental industry, known for its premier payment solution, VacationRentPayment. The definitive merger agreement signifies a strategic alignment of vision and technology, combining Yapstone’s established payfac and MSB licensure with Velo’s leading complex disbursements platform for next-generation e-commerce and […]