DAYTONA BEACH, Fla., March 03, 2025 (GLOBE NEWSWIRE) — Bridge Specialty Group (“BSG”) today announced the completion of the previously announced acquisition of the insurance operations of NBS Insurance Agency, Inc. (operating as “Nationwide Brokerage Solutions” or “NBS”). The acquisition only includes NBS Insurance Agency, Inc. and no other Nationwide affiliated companies. In conjunction with the close of this transaction, Bridge Specialty Group is pleased to announce that NBS is beginning a new chapter by introducing its new brand name, LocalEdge, ushering in a new chapter in excellence and custom solutions. Ted Stuckey, president of LocalEdge, shared, “This change represents more than just a rebranding; it underscores our commitment to delivering unmatched service and customized solutions that our agents have come to expect....

ING acquires stake in Van Lanschot Kempen ING announced today that it has reached an agreement with Reggeborgh Groep B.V. on the acquisition of a 17.6% stake in Van Lanschot Kempen N.V., a specialist wealth manager serving Private, Institutional and Investment banking clients, operating predominantly in the Netherlands and Belgium. Together with an existing 2.7% stake, ING will hold a 20.3% stake in Van Lanschot Kempen after completion of the transaction. “Van Lanschot Kempen is a respected, listed, well-capitalised, profitable wealth manager with a strong specialist position in amongst others the Netherlands and Belgium. Their history goes back almost three centuries. Acquiring this stake presents an attractive financial opportunity and with this transaction we are executing on our goal to enhance our position in private banking and...

Leading Gaming Studio to Become Division of TransPerfect Gaming SAN FRANCISCO and BANGALORE, India, March 01, 2025 (GLOBE NEWSWIRE) — TransPerfect, the world’s largest provider of language and AI solutions for global business, today announced it has acquired Technicolor Games, the gaming division of Technicolor Group, S.A. Financial terms of the transaction were not disclosed. With offices in London, San Francisco, Montreal, and Bangalore, Technicolor Games includes more than 400 creative artists specializing in concept art, 3D art, animation, VFX, and cinematics. The company works with a global clientele—including major developers like Electronic Arts, Capcom, and 2K—on AAA titles such as Dragon Age: The Veilguard, Hogwarts Legacy, FC25, and Street Fighter 6. As part of the deal, TransPerfect will welcome all Technicolor Games...

IRVING, Texas, Feb. 28, 2025 (GLOBE NEWSWIRE) — United Development Funding IV (“UDF IV” or the “Trust”) today announced that its Board of Trustees unanimously rejected an unsolicited, non-binding and conditional proposal from NexPoint Real Estate Opportunities, LLC, an indirect subsidiary of NexPoint Diversified Real Estate Trust (NXDT), and its affiliates (collectively, “NexPoint”) to acquire the Trust. Consistent with their fiduciary duties and after consultation with external financial and legal advisors, the Special Committee of the UDF IV Board, comprised of all independent trustees, and the UDF IV Board carefully reviewed NexPoint’s proposal. They assessed the relative benefits and risks of NexPoint’s conditional proposal and the terms of the existing merger agreement under which the Trust agreed to be acquired by Ready Capital...

Longtime Leaders’ New Roles Follow Period of Significant Growth for VACU, Member OneVACU, Member One Announce New Roles for Longtime LeadersVirginia Credit Union and its Member One division have named two executives to critical roles overseeing risk management and the credit union’s internal audit function. Mike Brunson will assume the newly created role of Executive Vice President/Chief Risk Officer, and Kenya Maddox has been promoted to Senior Vice President/Chief Audit Officer.Richmond, Virginia, Feb. 28, 2025 (GLOBE NEWSWIRE) — Virginia Credit Union and its Member One division have named two executives to critical roles overseeing risk management and the credit union’s internal audit function. Mike Brunson will assume the newly created role of Executive Vice President/Chief Risk Officer, and Kenya Maddox has...

SAN DIEGO, Feb. 28, 2025 (GLOBE NEWSWIRE) — American Assets Trust, Inc. (NYSE: AAT) (the “Company”) announced today the successful acquisition of Genesee Park, a 192-unit apartment community located in San Diego, California. Genesee Park is currently approximately 93% leased with rental rates that the Company believes are significantly below prevailing market levels for the submarket. The acquisition presents a compelling opportunity to enhance the property’s value through strategic asset management initiatives. “Genesee Park is a valuable addition to our portfolio, offering strong upside potential in a prime San Diego location,” said Adam Wyll, the Company’s President and Chief Executive Officer. “By optimizing rental rates and exploring opportunities to enhance density, we plan to unlock the property’s full value while...

SAN MATEO, Calif., Feb. 28, 2025 (GLOBE NEWSWIRE) — Vincerx Pharma, Inc. (Nasdaq: VINC) today announced that the previously signed binding Term Sheet between Vincerx, Oqory, Inc., and Vivasor, Inc. for a reverse merger transaction has been terminated. As a result, the board of directors will reassess the Company’s strategic alternatives, including out-licensing, merger and acquisition opportunities (including reverse mergers), the sale of assets and technologies, and winding down operations, among other potential transactions. As of February 26, 2025, the Company had approximately $3.9 million in cash. The Company’s cash runway is expected to extend through late Q2 2025. Forward-Looking Statements This press release contains forward-looking statements within the meaning of U.S. federal securities laws. Forward-looking statements,...

TORONTO, Feb. 28, 2025 (GLOBE NEWSWIRE) — Quisitive Technology Solutions Inc. (“Quisitive” or the “Company”) (TSXV: QUIS; OTCQX: QUISF), a premier Microsoft Cloud and AI solutions provider, is pleased to announce that its shareholders (the “Shareholders”) approved the special resolution authorizing the proposed acquisition of Quisitive by an affiliate of funds managed by H.I.G. Capital, LLC pursuant to a plan of arrangement under the Business Corporations Act (British Columbia) (the “Arrangement”). The special resolution approving the Arrangement was approved by (i) 98.55% of the votes cast by Shareholders present in person (virtually) or represented by proxy and entitled to vote at the special meeting (the “Meeting”) to consider the Arrangement, and (ii) 98.29% of the votes cast by Shareholders present in person (virtually) or...

HOUSTON, Feb. 28, 2025 (GLOBE NEWSWIRE) — Superior Energy Services, Inc (“Superior”) announced the acquisition of Rival Downhole Tools (“Rival”), an industry-leading provider of premium downhole drilling tools. “This acquisition is part of Superior’s ongoing efforts to expand our position in the oilfield services sector by providing technologies that enhance our customers’ efficiencies and reduce their costs,” said Dave Lesar, Superior’s Chairman and Chief Executive Officer. “Rival is a recognized leader in downhole drilling solutions and, as it’s combined with our existing Stabil Drill business, will create a premier drilling rental product offering for our customers. We are proud to bring them under the Superior banner.” Founded in 2017, Rival has long been known for its portfolio of innovative downhole tools engineered to mitigate...

TAMPA, Fla., Feb. 28, 2025 (GLOBE NEWSWIRE) — Better Choice Company, Inc. (NYSE American: BTTR) (“Better Choice” or the “Company”), a pet health and wellness company, announced today that SRx Health Solutions, Inc. (“SRx”) was granted the final Order pursuant to the Business Corporations Act by the Ontario Superior Court of Justice to proceed with the acquisition by Better Choice Company. Better Choice will host its Special Meeting at 9:00 a.m., Eastern Time, on March 21, 2025, exclusively via live webcast at the following address: https://east.virtualshareholdermeeting.com/vsm/web?pvskey=BTTR2025SM. The record date for the stockholders to vote at the Special Meeting remains the close of business on January 21, 2025 (the “Record Date”).   Stockholders as of the Record Date can vote, even if they have subsequently sold their shares....