Posted on 2/23/21
CVC Capital Partners Fund VII to invest in MedRisk
CVC Capital Partners announced today that CVC Fund VII has signed a definitive agreement to acquire a majority interest in MedRisk. MedRisk is a leading provider of managed . . .
Posted on 2/22/21
CIT GAP Funds Invests in Sweetie Boy
Richmond, VA, Feb. 17, 2021 (GLOBE NEWSWIRE) -- The Center for Innovative Technology (CIT) today announced that CIT GAP Funds has invested in Richmond, Va.-based Sweetie . . .
Posted on 2/22/21
Kinara Capital Secures $10 Million from IndusInd Bank
WASHINGTON, D.C.--(BUSINESS WIRE)--Kinara Capital, India’s leading socially responsible small business finance company, today announced securing USD $10 million in debt financing from IndusInd Bank, with 100% . . .
Posted on 2/22/21
Arlington Capital Partners Announces Strategic Minority Investment by Goldman Sachs Asset Management
WASHINGTON--(BUSINESS WIRE)--Arlington Capital Partners, a leading middle market private equity firm, today announced a passive, non-voting, minority equity investment by Goldman Sachs Asset Management’sPetershill program, creating . . .
Posted on 2/19/21
[solidcore] Announces Significant Minority Investment from VMG Partners
Washington, DC, Feb. 19, 2021 (GLOBE NEWSWIRE) -- [solidcore], a nationwide boutique fitness company founded in Washington, DC, announced today that it closed a growth equity . . .
Posted on 2/19/21
Ayala Pharmaceuticals Announces $25 Million Strategic Financing
Ayala Pharmaceuticals, Inc. (NASDAQ: AYLA), a clinical-stage oncology company focused on developing and commercializing small molecule therapeutics for patients suffering from rare and aggressive cancers, today . . .
Posted on 2/17/21
Harris Williams Advises Kaizen Collision Center on its Growth Equity Investment from LNC Partners
Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised Kaizen Collision Center, a leading full-service collision repair provider, on its growth . . .
Posted on 2/17/21
Genworth Financial Announces Fourth Quarter 2020 Results
Fourth Quarter Net Income Of $267 Million And Adjusted Operating Income Of $173 Million; 2020 Full Year Net Income Of $178 Million And Adjusted Operating Income Of $317 Million U.S. Mortgage Insurance . . .
Posted on 2/16/21
EJF Capital Raises $280 Million for Inaugural OpZone Fund
ARLINGTON, Va.--(BUSINESS WIRE)--EJF Capital LLC, a global alternative asset management firm, today announced the successful closing of its inaugural Opportunity Zone investment fund, EJF OpZone Fund . . .
Posted on 2/16/21
Qrvey Announces $8.5 Million Investment
Qrvey, the next-generation analytics platform built for the embedded analytics needs of SaaS application providers, today announced a follow-on investment of $8.5 million from its existing . . .
Posted on 2/16/21
Arlington Asset Investment Reports Fourth Quarter and Full Year 2020 Financial Results
Arlington Asset Investment Corp. (NYSE: AAIC) today reported net income available to common shareholders of $10.7 million, or $0.32 per diluted common share, and non-GAAP core . . .
Posted on 2/16/21
West Creek Closes Secured Debt Facility from Credit Suisse, Neuberger Berman
West Creek, a fast-growing consumer financing provider, closed a new secured debt facility from Credit Suisse and a fund managed by Neuberger Berman. Sector Financial, an . . .
Posted on 2/15/21
Jefferson Security Bank Announces Fourth Quarter Results and Full Year Results
SHEPHERDSTOWN, W. Va.--(BUSINESS WIRE)--Jefferson Security Bank (OTCBB: JFWV) reported net income of $871 thousand for the fourth quarter of 2020, compared to $743 thousand for the . . .
Posted on 2/12/21
Blue Point Investment Management Quarterly Commentary 4Q 2020
Posted on 2/12/21
Farmers Bankshares Reports Record Earnings for 2020
Farmers Bankshares, Inc. (OTC-PINK: FBVA) reports unaudited earnings of $1.8 million, or $0.57 per share, for the fourth quarter of 2020. These results are increased from . . .
Posted on 2/12/21
Pinnacle Bankshares Corporation Announces Fourth Quarter and 2020 Earnings
ALTAVISTA, Va., Feb. 12, 2021 (GLOBE NEWSWIRE) -- Net income for Pinnacle Bankshares Corporation (OTCQX:PPBN), the one-bank holding company for First National Bank, was $1,805,000, or . . .
Posted on 2/11/21
Kelly Moore Nowottnick, JD Joins WMS Partners as Senior Financial Advisor
WMS Partners, the Baltimore region’s leading independent wealth-planning and investment firm, is pleased to announce
Posted on 2/11/21
Va. Bank is First to Allow Customers to Buy, Redeem Bitcoin at ATMs
With cryptocurrency use on the rise, customers of Charlottesville-based Blue Ridge Bankshares Inc., the parent holding company of Blue Ridge Bank, will now be able to . . .
Posted on 2/10/21
Traditional Electric Vehicle Manufacturing Stocks Face Threat from Tesla and Newcomers
Traditional electric vehicle manufacturing stocks face a threat from new entrants led by Tesla (NASDAQ:TSLA) that include developers of a one-seat, three-wheel commuter car, delivery trucks . . .
Posted on 2/10/21
SC&H Capital Special Situations Managing Director Ken Mann Named to the TMA Chesapeake Board of Directors
In January, the Turnar?ound Management Association (TMA) Chesapeake welcomed Ken Mann to their board of directors
Posted on 2/10/21
Dolven Enterprises Completes Recapitalization and Rebrands Itself as ZONKD
SC&H Capital, a leading investment bank specializing in M&A advisory, announced it acted as the exclusive investment banker to Dolven Enterprises, Inc. in the recapitalization and placement . . .
Posted on 2/9/21
Premier Financial Bancorp Reports Annual 2020 Earnings
PREMIER FINANCIAL BANCORP, INC. (NASDAQ/GMS: PFBI), a $1.9 billion financial holding company with two community bank subsidiaries, announced its financial results for the fourth quarter of . . .
Posted on 2/8/21
RCLCO Fund Advisors Announces Multi-Year Engagement with Government Pension Investment Fund of Japan
RCLCO Fund Advisors) (www.rclco.com/rfa), announced today that it has been retained by the Government Pension Investment Fund of Japan in a research capacity to assist GPIF's . . .
Posted on 2/8/21
Wells Fargo Makes $1.5M Donation for Small Business Loans
Wells Fargo & Co., Virginia’s third-largest bank by 2019 deposits, announced Thursday it has donated $1.5 million to Richmond-based nonprofit Virginia Community Capital (VCC) to help . . .
Posted on 2/8/21
Capital One Increases Its Dividend Back to Pre-COVID Levels
Bank and credit card company Capital One Financial (NYSE:COF) has raised its quarterly dividend 300% to $0.40 per share for the first quarter, payable March 1.The . . .
Washington DC
