Knox Ford in Radcliff, KentuckyKnox Ford in Radcliff, Kentucky is sold to Eddie Franklin with Don Franklin Automotive Group on November 4, 2024 and will become Don Franklin Radcliff Ford.Columbus, OH, Nov. 14, 2024 (GLOBE NEWSWIRE) — Chris Infantino, Director of the Tim Lamb Group, the largest auto dealership sales and acquisitions firm in North America, has brokered the sale of Knox Ford in Radcliff, Kentucky to Don Franklin Automotive Group. The dealership was sold after owner Gary Haupt decided to simplify his portfolio and focus on his larger Ford dealership in the Louisville, Kentucky area. Chris Infantino helped to facilitate the transaction which closed on Monday, November 4, 2024. Knox Ford has been renamed to Don Franklin Radcliff Ford and is located at 461 S. Dixie Hwy., in Radcliff, Kentucky. Gary Haupt owned...

Combination enhances presence in the US West region to accelerate next phase of growth IRVINE, Calif., Nov. 14, 2024 (GLOBE NEWSWIRE) — Arctiq, a leading provider of professional IT solutions and managed services, today announced Summit Partners, an IT consulting and value-added reseller firm headquartered in Las Vegas, Nevada, has joined the company. “Together, Arctiq and Summit are combining to expand our collective presence in the US West region and our local capabilities to better serve clients,” said Paul Kerr, CEO of Arctiq. “Led by John Georges, Jon Lankert, and Chris Moon, the Summit Partners team brings a strong reputation for excellence, and I’m excited to build on their success. This partnership also opens the door to broader market opportunities, allowing us to accelerate growth in high-demand areas like...

TAMPA, Fla., Nov. 14, 2024 (GLOBE NEWSWIRE) — LM Funding America, Inc. (NASDAQ: LMFA) (“LM Funding” or the “Company”), a cryptocurrency mining and technology-based specialty finance company, is pleased to announce the signing of an asset purchase agreement to acquire the business assets of a 15 MW mining site in Oklahoma from Tech Infrastructure JV I LLC (“JV”), a joint venture majority-owned by Arthur Inc., for $7.3 million. The Company currently operates 10 MW of machines actively mining Bitcoin (BTC) at this site. Bruce Rodgers, Chief Executive Officer of LM Funding, stated, “This acquisition is a pivotal first step in our strategic initiative to become a vertically integrated Bitcoin mining operation. The 15 MW hosting site enables us to transition our miners from Core to a cost-effective facility. As part of our expansion...

Leading Seattle-based marketing and PR agency shifts to all-women ownershipAnnie Alley, Partner, Firmani + AssociatesAnnie Alley and Kristi Herriott acquire Seattle-based marketing and PR agency, Firmani + AssociatesKristi Herriott, Managing Partner, Firmani + AssociatesKristi Herriott and Annie Alley acquire Seattle-based marketing and public relations agency, Firmani + AssociatesLongtime agency partners acquire Firmani + Associates integrated marketing and PR agencyKristi Herriott and Annie Alley acquire F+A, shifting Seattle-based agency to all-women ownership.SEATTLE, Nov. 14, 2024 (GLOBE NEWSWIRE) — Today marks a new era of leadership at Firmani + Associates Inc. (F+A), as longtime equity partners Kristi Herriott and Annie Alley have fully acquired one of the Northwest’s most respected independent...

DENVER and HOUSTON, Nov. 14, 2024 (GLOBE NEWSWIRE) — FourPoint Resources, LLC (“FourPoint”), together with their partners Quantum Capital Group (“Quantum”) and Kayne Anderson, announced today the signing of a purchase and sale agreement to acquire Ovintiv Inc.’s (NYSE, TSX: OVV) Uinta Basin assets for a purchase price of $2.0 billion in cash. The asset includes 126,000 net acres and production of 29 Mbbls/d. “The opportunity to partner with Quantum and Kayne Anderson, two of the premier private equity firms in energy, will allow our team to immediately begin the work to grow production, cash flow and create value on one of the highest quality, inventory-rich assets in the Lower 48,” said George Solich, Chairman and Chief Executive Officer of FourPoint. Eric Eichler, Chief Operating Officer of FourPoint, said, “The Uinta Basin boasts...

HANGZHOU, China, Nov. 14, 2024 (GLOBE NEWSWIRE) — Kaixin Holdings (“Kaixin” or the “Company”) (NASDAQ: KXIN) today announced a major strategic step forward as it explores new growth avenues. In the advanced stages of evaluating strategic alternatives, Kaixin is actively considering the acquisition of a controlling equity interest in a leading cryptocurrency mining company based in the Middle East. This mining company operates with cost-efficient BTC mining machines, optimizing self-mining processes while also offering sophisticated, end-to-end cloud hosting services tailored to meet the growing demand within the crypto mining industry. The facility’s long-term, stable energy supply is a critical asset that bolsters operational resilience and cost efficiency, underscoring Kaixin’s commitment to sustainable and profitable growth. About...

Small Satellite Market size was valued at USD 5.46 Billion in 2022 and is poised to grow from USD 6.09 Billion in 2023 to USD 14.54 Billion by 2031, growing at a CAGR of 11.50% during the forecast period (2024-2031). Westford, USA, Nov. 14, 2024 (GLOBE NEWSWIRE) — SkyQuest projects that Small Satellite Market will attain a value of USD 14.54 Billion by 2031, with a CAGR of 11.50% during the forecast period (2024-2031). The growing need for worldwide communication, real-time data, and remote sensing is expected to fuel the global small satellite market’s expansion. The satellites carry out scientific investigations, help communications and observe the planet. The demand for small satellite solutions is constantly rising as more and more governments and commercial sectors inject funds into space technology. By supporting scientific...

Web Application Firewall Market size was valued at USD 5.82 billion in 2022 and is poised to grow from USD 6.92 billion in 2023 to USD 27.68 billion by 2031, growing at a CAGR of 18.92% during the forecast period (2024-2031). Westford, USA, Nov. 14, 2024 (GLOBE NEWSWIRE) — SkyQuest projects that Web Application Firewall Market will attain a value of USD 27.68 Billion by 2031, with a CAGR of 18.92% during the forecast period (2024-2031). The market is expanding due to the growing use of web application firewalls that are automated and AI-powered. The next firewalls that will be developed are automated ones based on artificial intelligence that’s why companies are increasingly embracing them; they have ability to respond quickly to new risks as well as make decisions judiciously. For this reason, web application firewalls save businesses...

The 90-unit property preserves affordable housing south of Boston WEYMOUTH, Mass., Nov. 14, 2024 (GLOBE NEWSWIRE) — Preservation Equity Fund Advisors, LLC (PEF Advisors), a real estate private equity group focused on preserving existing affordable housing in high-cost markets, announced their recent acquisition of Tammy Brook Apartments, a 90-unit apartment community in Weymouth, MA, a suburb located 15 miles south of Downtown Boston. PEF Advisors purchased the property in November 2024 and has budgeted approximately $1.2M ($13,000 per unit) to address deferred maintenance, improve curb appeal, and elevate the quality of housing and competitiveness of the property. The property comprises 12 residential brick buildings and several detached single-story buildings for laundry, leasing and maintenance. The two-story townhome style...

The growth of this global market is attributed to growing demand for electrical vehicles and increasing investments in renewable energy. Westford, USA, Nov. 14, 2024 (GLOBE NEWSWIRE) — SkyQuest projects that Advanced Energy Storage Systems Market size will attain the value of USD 2.08 Billion by 2031, with a CAGR of 5.70% during the forecast period (2024-2031). The growth of the advanced energy storage systems market share is attributed to the high demand for electric vehicles and increasing investments in renewable energy. Moreover, rapid expansion of communication infrastructure and increasing investments in modernization are driving the advanced energy storage systems industry. Furthermore, increasing number of installations of solar farms and increasing awareness about energy storage are the factors that contribute to new growth...