Company is accelerating its capital mobilization and deployment as part of its $1.5 trillion by 2030 sustainable finance goal that is committed to environmental transition and inclusive social development CHARLOTTE, N.C., April 4, 2022 /PRNewswire/ — Bank of America announced today that it mobilized and deployed approximately $250 billion in […]
Capital
The Save Mart Companies Announces Acquisition by Kingswood Capital Management
MODESTO, Calif., March 28, 2022 /PRNewswire/ — Today, The Save Mart Companies announced that Kingswood Capital Management LP (“Kingswood”) has acquired the company. Kingswood is an operationally- focused private equity firm based in Los Angeles, with significant experience in the retail sector. Terms of the transaction were not disclosed. Headquartered in Modesto, California, The Save Mart Companies is committed to sourcing a wide variety of local products across approximately 200 stores and serves communities throughout California and Northern Nevada. […]
Chicago financial firm Loop Capital in money management deal with BMO
The Jan. 28 deal provides scale to the asset-management business of one of Chicago’s most prominent Black-owned financial firms. Loop Capital for decades has been primarily an investment bank focused on municipal bond offerings. It now is expanding its horizons. Terms of the deal weren’t disclosed. Loop Capital and BMO […]
SAP to Acquire Leading Working Capital Management Company Taulia
WALLDORF, Germany–(BUSINESS WIRE)–SAP SE (NYSE: SAP) today announced its intent to acquire a majority stake of Taulia, a leading provider of working capital management solutions. The move is aimed at giving companies better access to liquidity and improving their cash flows. The acquisition further expands SAP’s Business Network and strengthens […]