BW

HKW Acquires CMIT Solutions and HTW

INDIANAPOLIS--(BUSINESS WIRE)--HKW, a middle-market private equity firm focused on growth companies, has acquired CMIT Solutions LLC (“CMIT”), a leading IT Managed Service Provider (MSP) franchisor, and HTW, Inc. (“HTW”), CMIT’s largest franchisee. As a rapidly growing IT and cybersecurity organization, CMIT is strongly aligned with HKW’s investment focus. CMIT systemwide…
Leer más...

DLA Piper Advises Arlington Capital Partners and Everest Clinical Research in Its Acquisition of Brightech International

NEW YORK--(BUSINESS WIRE)--DLA Piper advised Arlington Capital Partners and Everest Clinical Research (Everest), a leading full-service contract research organization (CRO) with expertise in biostatistics and statistical programming, in its acquisition of Brightech International (Brightech), a leading CRO that specializes in complex, value-add biostatistics, programming and clinical data management services. The…
Leer más...

KBRA Assigns Insurance Financial Strength Rating (IFSR) to Olympus Insurance

JACKSONVILLE, Fla.--(BUSINESS WIRE)--#BeAnOlympian--Olympus Insurance received a BBB+ Insurance Financial Strength Rating (IFSR) from Kroll Bond Rating Agency (KBRA) in December of 2022. This rating indicates Olympus’ financial state is strong, healthy and meets policyholder obligations. Olympus (OIC) is proud to receive the BBB+ rating, after providing KBRA complete transparency of…
Leer más...

Scotsman Guide Transitions From ‘Hard Money’ Terminology to ‘Private Money’

BOTHELL, Wash.--(BUSINESS WIRE)--#commercialrealestate--Scotsman Guide, the leading provider of financial technology tools and industry news for mortgage originators, has announced that “hard money” will now be referred to as “private money” throughout its catalog of products. In keeping with the evolving language of commercial and residential mortgages, and in support of…
Leer más...

CION Ares Diversified Credit Fund Announces Increase to Distribution Rate

NEW YORK--(BUSINESS WIRE)--CION Ares Management LLC, a joint venture between affiliates of CION Investments (“CION”), a leading manager of alternative investment solutions for individual investors, and Ares Management Corporation (“Ares”), a leading global alternative investment manager, announced that the CION Ares Diversified Credit Fund (“CADC” or the “Fund”) increased its…
Leer más...