Day: July 6, 2022

WAIKOLOA, Hawaii, July 06, 2022 (GLOBE NEWSWIRE) — Hawaii Water Service (Hawaii Water) has received approval from the Hawaii Public Utilities Commission (Commission) to acquire the assets of HOH Utilities, LLC., moving the utility one step closer to establishing operations on Kauai. Hawaii Water is a subsidiary of California Water Service Group (Group) (NYSE: CWT). HOH Utilities is a wastewater utility in the growing Poipu and Koloa area of Kauai County. With the acquisition, Hawaii Water will own and manage the utility, which currently serves almost 1,800 residential, commercial, and resort customers, including three hotels, condominiums, multi-family housing, a golf course, and single-family homes. The sale remains subject to customary closing conditions. “We appreciate the trust the Hawaii Public Utilities Commission has in...

STAMFORD, Conn., July 06, 2022 (GLOBE NEWSWIRE) — Patriot National Bancorp, Inc., a Connecticut corporation (“Patriot”), announced today that, on June 30, 2022, the Office of the Comptroller of the Currency (the “OCC”) conditionally approved the application of Patriot Bank, National Association (“Patriot Bank”) to substantially change its asset composition under 12 CFR 5.53 in connection with the transactions (the “Proposed Transactions”) contemplated by the Merger Agreement, dated November 14, 2021, between Patriot and American Challenger Development Corp. (“American Challenger”), as amended (the “Merger Agreement”). This OCC approval is a requisite regulatory approval under the Merger Agreement. The OCC approval will automatically terminate if the Proposed Transactions are not consummated within six (6) months of June 30, 2022,...

TORONTO, July 06, 2022 (GLOBE NEWSWIRE) — Modaxo Inc. (“Modaxo”), a global technology organization focused on moving the world’s people, along with its company TripSpark, today announced it has acquired Routematch. Routematch, based in Atlanta, Georgia, and owned by Uber Technologies, Inc., serves more than 350 transit agencies across North America and Australia, helping them to transform rider experiences and manage operational costs. Routematch’s software provides trip planning, vehicle tracking, payment, and other tools for fixed route transit and paratransit services.  With the acquisition, Routematch products become part of TripSpark’s overall solution offering, bringing together two leading, complementary brands to provide transit agencies with best-in-class technology for the Demand Response, Fixed Route and Mobility-On-Demand...

Omaha, Neb., July 06, 2022 (GLOBE NEWSWIRE) — Medical Solutions, one of the nation’s largest providers of total workforce solutions serving the healthcare industry, today announced that it has acquired Durham, NC-based Matchwell. Terms of the deal were not disclosed. Launched in 2019, Matchwell’s AI enabled marketplace and SaaS solution efficiently matches licensed and certified staff with healthcare organizations across a variety of clinical settings ranging from hospitals to skilled and assisted living facilities, home health, clinics, and schools. Matchwell’s business model of subscription-based, per diem and local services expands Medical Solutions’ current portfolio of service offerings into the per diem and local markets and further bolsters the company’s total workforce solutions model. “Matchwell’s long-standing reputation...