Tag : financial advisor

Morgan Stanley Capital Partners Acquires RowCal
Investment Services News

Morgan Stanley Capital Partners Acquires RowCal

Business Wire
by Business Wire0
Investment funds managed by Morgan Stanley Capital Partners (“MSCP”), the middle-market focused private equity team at Morgan Stanley Investment Management, have acquired RowCal. MSCP is partnering with the current management team led by CEO Jake Christenson, who founded the business in 2018. Headquartered in Minneapolis, Minn., RowCal is a provider......
WeWork Announces Comprehensive Agreement To Significantly Deleverage Capital Structure and Bolster Liquidity
Fintech Funding News

WeWork Announces Comprehensive Agreement To Significantly Deleverage Capital Structure and Bolster Liquidity

Business Wire
by Business Wire0
Results in total funding and capital commitments of over $1.0 billion to support WeWork’s business plan for continued growth WeWork Inc., the leading global flexible space provider, announced that it has entered into a series of agreements with an ad hoc group representing over 60% of the company’s public bonds,......
First Capital Enters into Agreement with Sandpiper and Artis
Finance News

First Capital Enters into Agreement with Sandpiper and Artis

Business Wire
by Business Wire0
First Capital REIT announced that it has entered into an agreement with Sandpiper Group and Artis Real Estate Investment Trust. Under the terms of the Agreement, Sandpiper and Artis will withdraw their previous meeting requisition, as well as their nominees for election to the board of trustees of First Capital......
Snappy Kraken Survey Reveals About Half of High-Net-Worth Retirees are Considering Hiring a New Financial Advisor
Finance News

Snappy Kraken Survey Reveals About Half of HNW Retirees are Considering Hiring a New Financial Advisor

Fintech News Desk
by Fintech News Desk0
Advisors risk attrition if not consistently communicating with clients during difficult markets Snappy Kraken, the MarTech innovator serving financial services professionals, announced the results of its survey of high-net-worth (HNW) retirees and pre-retirees. The survey, which focused on bear markets and the threat of a recession, found that slightly more than......
Blockstream Raises USD $125 Million to Expand Mining Operations
Blockchain News

Blockstream Raises USD $125 Million to Expand Mining Operations

Fintech News Desk
by Fintech News Desk0
Leading Bitcoin infrastructure firm Blockstream has announced raising USD $125 million in convertible note and secured loan financing to expand its institutional bitcoin mining colocation services. Kingsway Capital led the convertible note, with other investors including Fulgur Ventures. Cohen & Company Capital Markets, a division of J.V.B. Financial Group, LLC,......
Avanse Financial Services Raised Primary Capital of ₹800 CR. From Kedaara Capital
Finance News

Avanse Financial Services Raised Primary Capital of ₹800 CR. From Kedaara Capital

Fintech News Desk
by Fintech News Desk0
Avanse Financial Services Ltd., India’s new age, technologically advanced, education-focused non-banking financial company (NBFC), announced that Kedaara Capital, a leading private equity firm, will infuse ₹800 Cr. in Avanse to fund its strong secular growth. The fund-raise will be deployed to expand its presence and outreach to a larger number......
McNally Capital Announces Investment in Xcelerate Solutions
Investment Services News

McNally Capital Announces Investment in Xcelerate Solutions

Fintech News Desk
by Fintech News Desk0
McNally Capital and Nio Advisors Complete Platform Investment in Xcelerate Solutions, a Provider of End-to-End National Security Advisory Services McNally Capital, a lower middle-market private equity firm focused on founder and family-owned businesses, is pleased to announce an investment in Xcelerate Solutions. Xcelerate is a leading defense and national security......
TMX Group Announces Strategic Investment in VettaFi
Analytics News

TMX Group Announces Strategic Investment in VettaFi

Fintech News Desk
by Fintech News Desk0
Deal includes a commercial agreement that will accelerate TMX Datalinx’s expansion, adding new comprehensive sets of index and ETF services TMX Group Limited announced that it has made a strategic investment in VettaFi Holdings LLC (VettaFi), a US-based, privately owned data, analytics, indexing, digital distribution, and thought leadership company. VettaFi......
First Bancorp Completes Acquisition of GrandSouth Bancorporation
Banking News

First Bancorp Completes Acquisition of GrandSouth Bancorporation

Fintech News Desk
by Fintech News Desk0
First Bancorp announced the completion of its acquisition of GrandSouth Bancorporation, the parent company of GrandSouth Bank, on January 1, 2023. The merger solidifies First Bank’s position as one of the leading banks headquartered in the Carolinas, with total assets of approximately $12 billion and 118 branches. Mike Mayer, President and CEO......
BankFirst Capital Corporation Completes Acquisition of Mechanics Banc Holding Company and Mechanics Bank
Banking News

BankFirst Capital Corporation Completes Acquisition of Mechanics Banc Holding Company and Mechanics Bank

Fintech News Desk
by Fintech News Desk0
BankFirst Capital Corporation, parent of BankFirst Financial Services, announced the completion of its previously-announced acquisition of Mechanics Banc Holding Company, a Mississippi corporation (“Mechanics”), and its wholly-owned banking subsidiary, Mechanics Bank, Water Valley, Mississippi (“Mechanics Bank”). The acquisition was effective on January 1, 2023 and results in BankFirst having 47 offices serving Mississippi and Alabama, with total assets......
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