Day: August 5, 2025

Summit Wealth Strategies to operate under Arax Advisory Partners NEW YORK, Aug. 05, 2025 (GLOBE NEWSWIRE) — Arax Investment Partners (“Arax”), a premier wealth and asset management platform company backed by RedBird Capital Partners (“RedBird”), today announced that it has acquired Summit Wealth Strategies (“Summit”), a boutique registered investment advisor (“RIA”) headquartered in Chesterfield, MO with $1 billion in assets under management (“AUM”). Financial terms of the transaction were not disclosed. This deal continues the expansion of Arax’s differentiated wealth management and advisory platform, reinforcing the firm’s presence in the Midwest through a strategic partnership with another leading RIA. Summit has built a reputation for delivering deeply personalized, multigenerational financial planning to individuals, families...

Founders Dan Marsh and Scott Maurice Join UPSTACK as Partners NEW YORK, Aug. 05, 2025 (GLOBE NEWSWIRE) — UPSTACK, the leading full-service technology brokerage, today announced the acquisition of Avail Partners LLC, a Seattle-based technology consulting firm that helps midmarket organizations strategically optimize their IT investments. As part of the acquisition, Avail’s Founders and Managing Partners, Dan Marsh and Scott Maurice, will join UPSTACK as Partners. The Avail team will also join the company, expanding UPSTACK’s presence and capabilities in the Pacific Northwest and across key verticals, including manufacturing, healthcare and professional services. Founded in 2012, Avail earned a reputation for delivering transformative results by engaging directly with C-suite executives, such as CFOs, CTOs and CMOs, to...

VANCOUVER, British Columbia, Aug. 05, 2025 (GLOBE NEWSWIRE) — Entrée Resources Ltd. (TSX:ETG; OTCQB:ERLFF – the “Company” or “Entrée”) provides an update regarding efforts to transfer the Shivee Tolgoi and Javkhlant mining licenses (the “JV Licenses”) in Mongolia to the Company’s joint venture partner Oyu Tolgoi LLC (“OTLLC”), and other corporate matters. Stephen Scott, the Company’s President and CEO, commented, “Given the critical nature of the transfer of the JV Licenses to OTLLC, the Company wanted to provide an update to shareholders on this and other ongoing issues, including State participation in Entrée’s interest in the area of the JV Licenses. We are encouraged by the Government of Mongolia’s commitment to improving the business environment for foreign investors, as evidenced by the Prime Minister’s recent statements...

LIMASSOL, Cyprus, Aug. 05, 2025 (GLOBE NEWSWIRE) — GDEV Inc. (Nasdaq: GDEV), a global gaming and entertainment company, today announced the acquisition of Light Hour Games, a privately held mobile studio based in Cyprus. Light Hour Games is a full-stack studio that builds and markets mobile casual games using AI-first workflows — enabling rapid iteration without compromising high-quality execution. Founded by industry veterans Konstantin Mitrofanov and Ilya Nikitin, the studio operates as a 15-person team with deep expertise across game development, art, and live operations. The acquisition represents a strategic partnership that will grant the Light Hour Games studio the opportunity for continued creative freedom and long-term upside through a share in the future success of its games, while securing the necessary funding for its...