Posted on 7/8/20
Charlesbank Capital Partners Closes Credit Opportunities Fund II at $700 Million Hard Cap
BOSTON, July 07, 2020 (GLOBE NEWSWIRE) -- Charlesbank Capital Partners is pleased to announce it has completed fundraising for Charlesbank Credit Opportunities Fund II. The Fund . . .
Posted on 7/8/20
Enterprise Bancorp Completes Private Placement of $60M Notes
LOWELL, Mass., July 07, 2020 (GLOBE NEWSWIRE) -- Enterprise Bancorp, Inc. (NASDAQ: EBTC), the holding company for Enterprise Bank and Trust Company, today announced the completion of . . .
Posted on 7/7/20
AllianzGI and Virtus Investment Partners Announce Strategic Partnership
Allianz Global Investors (AllianzGI), a leading global active asset manager, and Virtus Investment Partners, Inc. (NASDAQ: VRTS), which operates a multi-boutique asset management business, today announced . . .
Posted on 7/7/20
Pear Therapeutics Announces $50 Million Credit Facility
BOSTON & SAN FRANCISCO--(BUSINESS WIRE)--Pear Therapeutics, Inc. today announced that it closed a credit facility for up to $50 million from Perceptive Advisors, a leading life . . .
Posted on 7/7/20
FNZ and State Street Collaborate On New Wealth Management Servicing Venture
BOSTON & LONDON--(BUSINESS WIRE)--FNZ and State Street Corporation (NYSE:STT) today announced that they are collaborating on a new wealth manager servicing venture. FNZ will acquire a . . .
Posted on 7/6/20
corfinancial Inks Partnership With Technology Consultancy F2 Strategy
BOSTON--(BUSINESS WIRE)--corfinancial, a leading provider of specialist software and services to the financial services sector, reports that it has hired wealth management consultancy F2 Strategy.The agreement . . .
Posted on 7/6/20
John Hancock Invests Over $1 Million To Fund Summer Jobs for Boston Teens
John Hancock today announced that its 13th annual MLK Scholars Program, which provides employment and job readiness opportunities for Boston's youth, will be implemented virtually
Posted on 7/1/20
BHMS Invests in Inszone Insurance Services
BHMS Investments, LP, through affiliated funds, completed a material investment in Inszone Insurance Services, LLC. Founded in 2002, Inszone is a full-service insurance brokerage firm which . . .
Posted on 7/1/20
Evolution Managers Capital Backs Greens Farms Capital
CHICAGO & BOSTON & WESTPORT, Conn.--(BUSINESS WIRE)--Evolution Managers Capital, a platform for emerging private equity managers to launch their own investment efforts, today announced the backing . . .
Posted on 7/1/20
Iron Mountain Inc. Stock Will Benefit From The Dynamic Shift To Data Handling By AI/ML And Robotics
SummaryThe global datasphere will soar to 175 ZB by 2025.IRM's launch of InSight is connected to measurement of its customers' ROI in order to determine profitability . . .
Posted on 6/30/20
Service Credit Union Launches Impact Foundation
Service Credit Union, the largest credit union in New Hampshire, has launched the Service CU Impact Foundation in order to increase its footprint of community giving . . .
Posted on 6/30/20
Black and Brown Corporate Executives in Massachusetts Launch Racial Equity and Social Justice Fund
A coalition of Black and Brown executives from Massachusetts' leading corporations have united to form the New Commonwealth Racial Equity and Social Justice Fund to support . . .
Posted on 6/29/20
Audax Private Debt Provides Financing to Support The Carlyle Group’s Acquisition of Unison
NEW YORK--(BUSINESS WIRE)--Audax Private Debt announced that, as Joint Lead Arranger & Joint Bookrunner, it provided a senior secured credit facility to support The Carlyle Group’s . . .
Posted on 6/29/20
WEX Announces $400M Investment From Warburg Pincus
WEX Inc. (NYSE:WEX), a leading financial technology service provider, announced today it has agreed to a $400 million dollar investment from an affiliate of Warburg Pincus . . .
Posted on 6/29/20
Bain Capital to Buy Virgin Australia Out of Bankruptcy
Virgin Australia, the discount airline that's owned in part (but not in whole) by Sir Richard Branson's privately held Virgin Group, filed for bankruptcy in April . . .
Posted on 6/26/20
Horizon Technology Finance Strengthens Capital Resources with Amendment and Extension of its $100 Million Credit Facility
Horizon Technology Finance Corporation (NASDAQ: HRZN), a leading specialty finance company that provides capital in the form of secured loans to venture capital backed companies in . . .
Posted on 6/25/20
Informa Global Markets & Trading Central Announce Global Partnership
Informa Global Markets (IGM), a subsidiary of Informa plc (LSE: INF), a leading provider of solutions for financial services professionals, today announced its partnership with Trading . . .
Posted on 6/25/20
Citizens Announces $10M Investment to Promote Social Equity
PROVIDENCE, R.I.--(BUSINESS WIRE)--Citizens Financial Group, Inc., [NYSE: CFG] today announced a $10 million commitment to promote social equity and drive economic advancement in underserved communities. This . . .
Posted on 6/23/20
Santander Bank Arranges $225 Million Deal with Purolite
Santander Bank today announced that its Commercial Banking division acted as joint lead arranger for a $175 million term loan and $50 million revolver to Purolite . . .
Posted on 6/22/20
HPOne Announces Growth Recapitalization
TRUMBULL, Conn.--(BUSINESS WIRE)--HealthPlanOne, Inc., and Peloton Equity, LLC announced today that they have agreed to terms with Lightyear Capital LLC for a recapitalization of the Company. Lightyear’s affiliated . . .
Posted on 6/19/20
Berkshire Hills Bancorp Declares $0.24 Dividend
Berkshire Hills Bancorp (NYSE:BHLB) declares $0.24/share quarterly dividend, in line with previous.Forward yield 8.5%Payable July 6; for shareholders of record June 29; ex-div June 26.See BHLB . . .
Posted on 6/19/20
Boston-Area Bank Announces Plans to Go Public
Boston-based Eastern Bank, the oldest and largest mutual bank in the country, announced plans to convert to a public company, with the public offering expected later . . .
Posted on 6/18/20
Rockport Mortgage Announces $8M in Financing for Casselman House in Newton
Refinancing extends affordability of the property through 2032Rockport Mortgage Corporation recently announced the closing of an $8 million FHA Section 223(f) refinancing loan for Casselman House, . . .
Posted on 6/18/20
Eastern Bank Announces Plan For Conversion Into Public Company
Eastern Bank Corporation, the mutual holding company of Eastern Bank, today announced that its Board has unanimously approved a plan to convert to a fully public . . .
Posted on 6/18/20
DraftKings Raises Capital as Shares More Than Double Since IPO
Online sports fantasy and gambling company DraftKings (NASDAQ:DKNG) made its public debut in late April at an odd time, considering that play in virtually all professional . . .
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