Search Results for: definitive agreement

Bascom Group Ends 2021 with a 200-Unit Las Vegas Acquisition for $40.5 Million
Business Finance News

Bascom Group Wraps Up the Year, Acquiring a 320-Unit Multifamily Acquisition in Florida

Fintech News Desk
by Fintech News Desk0
The Bascom Group, LLC  has acquired a 320-unit apartment community within the Orlando MSA in Florida. The property, Enclave at Lake Ellenor, was acquired for $68,500,000 or $214,063 per unit through a partnership with East Hill Capital’s Duff Bedrosian and Leste Group, a Miami based investment manager. Enclave is the second property acquired by Bascom in partnership with East Hill......
Assurely and Great American Insurance Group’s Executive Liability Division Begin Relationship Towards a New Era of Insurance
InsurTech News

Assurely and Great American Insurance Group’s Executive Liability Division Begin Relationship Towards a New Era of Insurance

Fintech News Desk
by Fintech News Desk0
Working together in pursuit of innovating insurance for the better, the insurtech, Assurely, and the Executive Liability Division of Great American Insurance Group announced an agreement to offer Directors and Officers Liability (D&O) insurance to private companies raising capital via technology platforms/portals and the internet; specifically, but not limited to,......
Ready Capital Corporation Adds Managing Directors to Drive Continued Growth
Fintech News

Ready Capital Corporation Adds Managing Directors to Drive Continued Growth

Fintech News Desk
by Fintech News Desk0
Ready Capital Corporation announced the addition of Richard Katzenstein and Alex Ovalle as Managing Directors and members of the senior leadership team, both reporting to CEO Tom Capasse. Richard Katzenstein joins as Head of Strategic Partnerships charged with increasing commercial real estate lending volume through a variety of existing and newly formed strategic partner relationships and......
The Demex Group Raises $9 Million
InsurTech News

The Demex Group Raises $9 Million

Fintech News Desk
by Fintech News Desk0
Series A to Help Businesses Mitigate the Risks of Climate Change The Demex Group, the technology company behind a first-of-its-kind platform for analyzing, pricing, and transferring climate-linked risks at scale, announced it has raised $9 million in Series A funding led by financial services and technology investors, Anthemis Group, Blue Bear......
Talen Energy Supply Secures $788 Million Financing Commitment Led by GoldenTree Asset Management and Silver Point Finance
Finance News

Talen Energy Supply Secures $788 Million Financing Commitment Led by GoldenTree Asset Management and Silver Point Finance

Fintech News Desk
by Fintech News Desk0
Talen Energy Corporation (“Talen”) and its wholly-owned subsidiary Talen Energy Supply LLC (“TES”) announced that TES has obtained a financing commitment led by GoldenTree Asset Management LP and Silver Point Finance, LLC for a new first lien facility in the aggregate amount of $788 million maturing 2024. Latest Fintech Insights: CoinShares Announces......
Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights 1st March 2023
Fintech News

Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights

Fintech News Desk
by Fintech News Desk0
FTS Daily Roundup starts today! We are covering the top updates from around the world. The updates will feature state-of-the-art capabilities in Fintech insights, Trending fintech news, Crypto, Fintech SaaS, Fintech Cloud, Analytics and AI ML. We will cover the role of FTS Daily Roundup and its application in various industries and......
Bitcoin Self-Miner Griid Infrastructure to List on the NYSE Through Merger With Adit Edtech Acquisition Corp.
Fintech News

Bitcoin Self-Miner Griid Infrastructure to List on the NYSE Through Merger With Adit Edtech Acquisition Corp.

Fintech News Desk
by Fintech News Desk0
Griid Infrastructure LLC (“GRIID”) is a profitable, vertically integrated bitcoin self-mining company with three US-based facilities and planned mining capacity of 734 megawatts (MW) operational by 2023 with a power cost of less than $25/MWh. GRIID anticipates fiscal year 2023 revenue of $1.6 billion. The merger between GRIID and Adit......
Gratitude Lodge Now Accepting Cryptocurrency as an Alternative Payment Method
Cryptocurrency News

Bitdeer, a World-Leading Technology Company for the Cryptocurrency Mining Community, Announces Plans to List on the NASDAQ Through Merger with Blue Safari Group Acquisition Corp

Fintech News Desk
by Fintech News Desk0
Bitdeer Technologies Holding Company (“Bitdeer” or the “Company”), a world-leading technology company for the cryptocurrency mining community, and Blue Safari Group Acquisition Corp, a publicly traded special purpose acquisition company, announced that they have entered into a definitive merger agreement for a business combination of Blue Safari and the Company......
TradeStation Group To Become Public Company Through Business Combination With Quantum FinTech
Cryptocurrency Currency Exchange Digital Asset Management Fintech News

TradeStation Group To Become Public Company Through Business Combination With Quantum FinTech

Fintech News Desk
by Fintech News Desk0
Transaction aims to propel brand awareness of TradeStation’s online multi-asset trading platform and product offerings as a self-clearing online broker for the equities, options, futures and cryptocurrency self-directed investor markets $1.43 billion implied pro forma enterprise value at closing Fully committed $115 million PIPE investment by strategic and institutional investors led......
Valley National Bancorp to Acquire Bank Leumi USA Creating a Premier Commercial Bank With Unique, Sustainable and Diverse Growth Opportunities
Business Investments News

Valley National Bancorp to Acquire Bank Leumi USA Creating a Premier Commercial Bank With Unique, Sustainable and Diverse Growth Opportunities

Fintech News Desk
by Fintech News Desk0
Valley National Bancorp and Bank Leumi Le-Israel Corporation (“Leumi”) announced that they have entered into a definitive merger agreement whereby Valley will acquire Leumi, the US subsidiary of Bank Leumi Le-Israel B.M., and parent company of Bank Leumi USA (“Bank Leumi”). This strategic combination broadens Valley’s commercial product offerings and......
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