Day: January 3, 2023

AdTheorent to Present at the 25th Annual Needham Growth Conference

Written by Customer Service on January 3, 2023. Posted in Public Companies.

NEW YORK, Jan. 03, 2023 (GLOBE NEWSWIRE) — AdTheorent Holding Company, Inc. (Nasdaq: ADTH) (“AdTheorent” or “the Company”), a programmatic digital advertising leader using advanced machine learning technology and privacy-forward solutions to deliver real-world value for advertisers and marketers, today announced that its CEO, Jim Lawson, will present at the 25th Annual Needham Growth Conference.Date: January 11, 2023 Time: 3:00 p.m. Eastern Time Live webcast: https://investors.adtheorent.com Archived replay will also be made available on https://investors.adtheorent.comAbout AdTheorent AdTheorent (Nasdaq: ADTH) uses advanced machine learning technology and privacy-forward solutions to deliver impactful advertising campaigns for marketers. AdTheorent’s machine learning-powered Platform AT powers its predictive targeting,...

Palomar Holdings, Inc. Announces Successful Completion of Select California Earthquake Reinsurance Programs

Written by Customer Service on January 3, 2023. Posted in Public Companies.

LA JOLLA, Calif., Jan. 03, 2023 (GLOBE NEWSWIRE) — Palomar Holdings, Inc. (NASDAQ: PLMR) (“Palomar” or the “Company”) today announced the successful completion of certain reinsurance programs covering California earthquake risk. The Company renewed its California Commercial Earthquake quota share program, increasing the cession percentage, and secured additional earthquake excess of loss (“XOL”) limit. In total, Palomar has secured approximately $50 million of incremental limit to capitalize on opportunities it sees in the residential and commercial earthquake insurance markets. “In the face of what is unquestionably a hard reinsurance market, we are pleased to not only successfully renew our California Commercial Earthquake quota share program but also procure incremental reinsurance limit to support our earthquake lines,” commented...

Procaps Group Announces Termination of Acquisition Agreement with Grupo Somar

Written by Customer Service on January 3, 2023. Posted in Public Companies.

Company to Provide 2023 Value Creation Plan at J.P. Morgan Healthcare Conference MIAMI and BARRANQUILLA, Colombia, Jan. 03, 2023 (GLOBE NEWSWIRE) — Procaps Group, S.A. (NASDAQ: PROC) (“Procaps” or the “Company”), a leading integrated LatAm healthcare and pharmaceutical conglomerate, today announced the termination of its previously-reported definitive agreement (the “SPA”) to acquire Grupo Somar from the sellers under the SPA. As previously reported, the closing of the acquisition of Grupo Somar by the Company was delayed indefinitely after the Company was informed by the sellers that a court in Mexico City issued an Embargo Precautorio affecting certain shares of capital stock of Grupo Somar in connection with a pending dispute that involves an investment by a fund managed by Advent International but that is otherwise unrelated...

Progress Software to Report Fourth Quarter 2022 Financial Results on January 17, 2023

Written by Customer Service on January 3, 2023. Posted in Public Companies.

BURLINGTON, Mass., Jan. 03, 2023 (GLOBE NEWSWIRE) — Progress (Nasdaq: PRGS), the trusted provider of application development and infrastructure software, today announced that it will release financial results for its fiscal fourth quarter and fiscal year 2022 after the market close on Tuesday, January 17, 2023. The company’s fiscal fourth quarter and fiscal year 2022 ended on November 30, 2022. Progress will host a conference call to review and discuss the results at 5:00 p.m. ET the same day. Conference Call DetailsA live webcast of the call will be available on the Investor Relations page of Progress’ website To access the conference call by phone, please go to this link to retrieve dial-in details. To avoid delays, participants are encouraged to dial into the conference call fifteen minutes ahead of the scheduled start time. An...

Progress Announces Plans to Acquire MarkLogic

Written by Customer Service on January 3, 2023. Posted in Mergers And Acquisitions.

Company adds powerful NoSQL database and semantic metadata management to its portfolio of industry-leading products and continues to deliver on Total Growth Strategy Announces strong preliminary fourth quarter 2022 financial results BURLINGTON, Mass., Jan. 03, 2023 (GLOBE NEWSWIRE) — Progress (NASDAQ: PRGS), the trusted provider of application development and infrastructure software, today announced it has entered into a definitive agreement to acquire MarkLogic, a leader in managing complex data and metadata and a Vector Capital portfolio company. Upon closing of the planned transaction, MarkLogic is expected to enhance Progress’ commitment of delivering the best products to develop, deploy and manage high-impact applications by providing a unified enterprise-grade semantic data platform that empowers customers to derive value...

Cavco Industries Announces the Completion of the Acquisition of Manufactured Home Builder and Retailer, Solitaire Homes

Written by Customer Service on January 3, 2023. Posted in Mergers And Acquisitions.

PHOENIX, Jan. 03, 2023 (GLOBE NEWSWIRE) — Cavco Industries, Inc. (Nasdaq: CVCO) (“Cavco” or the “Company”) is pleased to confirm that, further to the announcement on October 27, 2022, the Company completed the acquisition of the business of Solitaire, Inc. and other related entities (collectively “Solitaire Homes”), effective January 3, 2023. Headquartered in Duncan, Oklahoma, Solitaire Homes operates four manufacturing facilities, twenty-two retail locations and dedicated transportation operations. Cavco’s President and Chief Executive Officer Bill Boor said, “Pete Hogstad and the team at Solitaire have built a strong company with a well-deserved reputation for quality-constructed homes. We’re grateful for the confidence they have shown in us with their decision to join the Cavco family. This is an outstanding fit that will create...

Brookline Bancorp, Inc. Completes Acquisition of PCSB Financial Corporation

Written by Customer Service on January 3, 2023. Posted in Mergers And Acquisitions.

BOSTON, Jan. 03, 2023 (GLOBE NEWSWIRE) — Brookline Bancorp, Inc. (NASDAQ: BRKL) (“Brookline”), today announced that it has completed its acquisition of PCSB Financial Corporation (NASDAQ: PCSB) (“PCSB”), a $1.9 billion bank holding company based in Yorktown Heights, New York, effective January 1, 2023. PCSB’s bank subsidiary, PCSB Bank, now operates as a separate subsidiary of Brookline Bancorp and has 15 banking offices throughout the Lower Hudson Valley of New York State. Michael P. Goldrick assumed the role of President and CEO of PCSB Bank on January 1st. Prior to his appointment as President and CEO, Mr. Goldrick served as PCSB Bank’s Executive Vice President and Chief Lending Officer. Brookline also announced that Willard I. Hill, Jr., has joined the Brookline Board of Directors and has stepped down from the PCSB Bank board....

Entourage Health Updates Senior Secured Amended and Restated Credit Facility

Written by Customer Service on January 3, 2023. Posted in Public Companies.

TORONTO, Jan. 03, 2023 (GLOBE NEWSWIRE) — Entourage Health Corp. (TSX-V:ENTG) (OTCQX:ETRGF) (FSE:4WE) (“Entourage” or the “Company”), a Canadian producer and distributor of award-winning cannabis products confirmed today it has signed an amendment (the “Amendment”) to its senior secured amended and restated credit facility entered into on October 28, 2022 (the “Credit Facility”). The Amendment provides a waiver to the breach of certain financial covenants for the period ended September 30, 2022 and modifies certain of the financial covenants set out in the Credit Facility. Specifically, the EBITDA target covenant was modified to reflect the Company’s updated strategic plan as announced by the Company on November 15, 2022. Additionally, the liquidity covenant was amended to provide that the Company must maintain liquidity coverage...

Brookfield Infrastructure to Host Fourth Quarter 2022 Results Conference Call

Written by Customer Service on January 3, 2023. Posted in Public Companies.

BROOKFIELD NEWS, Jan. 03, 2023 (GLOBE NEWSWIRE) — Brookfield Infrastructure Partners will hold its fourth quarter 2022 conference call and webcast on Thursday, February 2, 2023 at 9:00 a.m. (ET). Results will be released that morning before 7:00 a.m. (ET) and will be available on our website at https://bip.brookfield.com. Participants can join by conference call or webcast: Conference CallPlease pre-register at: https://register.vevent.com/register/BIb7aebeae66fd45fdb3dacfd3394736dcUpon registering, you will be emailed a dial-in number, direct passcode and unique PIN. This process will bypass the operator and avoid the queue.WebcastPlease join and register at: https://edge.media-server.com/mmc/p/qyk4nr3oAbout Brookfield Infrastructure Brookfield Infrastructure is a leading global infrastructure company that owns and...

United Community Banks, Inc. Announces Completion of Merger With Progress Financial Corporation

Written by Customer Service on January 3, 2023. Posted in Mergers And Acquisitions.

GREENVILLE, S.C., Jan. 03, 2023 (GLOBE NEWSWIRE) — United Community Banks, Inc. (NASDAQ: UCBI) (United) completed its merger with Progress Financial Corporation (Progress), effective January 3, 2023. In this transaction, Progress’s bank subsidiary, Progress Bank and Trust, was merged into United’s bank subsidiary, United Community Bank. Progress will now operate under the United brand. Progress is headquartered in Huntsville, Alabama and operates a 14-branch network in Alabama markets including Birmingham, Daphne, Decatur, Florence and Tuscaloosa; and on the Florida Panhandle from Destin to Panama City. Progress has organically built a valuable franchise with a focus on providing excellent service and growing deep customer relationships in its fast-growing southeastern markets. As of September 30, 2022, Progress reported total...

Day: January 3, 2023

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