article thumbnail

Cansortium Inc. Completes New Senior Secured Credit Agreement Ahead of Planned Business Combination Closing with RIV Capital

Global Newswire by Notified: M&A

The Credit Agreement bears a cash interest rate of 12.00% per annum and paid-in-kind (PIK) interest of 1.00% per annum, and is due to mature on November 26, 2028.

article thumbnail

Core Specialty Announces Purchase of Security & Alarm Business Renewal Rights and Related Unearned Premium Reserve from Conifer Holdings, Inc.

Global Newswire by Notified: M&A

Conifer”) to acquire Conifer’s Security & Alarm Business. The Security & Alarm Business provides general liability, excess/umbrella, and selected other coverages to the niche Security Guards, Alarm Contractors, Private Investigators, and Trade Contractors markets.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Exit Planning Through an Investment Banker’s Lens

Focus Investment Banking

If your goal is full retirement by 2030, plan to sell by 2028 or 2029. The ultimate goal for an owner is to secure five to seven offers on a business thats performing at its peak and maximally de-riskedwhere market conditions, personal timing, and the companys momentum align seamlessly.

article thumbnail

Razorpay Leads the Way with Credit Lines on UPI

Razorpay

from 2023-2028. Credit on UPI provides access to funds, and UPI by nature lends consumers the ease and security needed to transact. With UPI’s scope expanding to the issuance of credit lines & the linking of Rupay credit cards, we are taking significant strides towards democratizing credit for India’s large population.

Banking 105
article thumbnail

Fireside Friday with Brown Brothers Harriman’s… Brendan Burke

The TRADE

In the current state with T+2 you have 48 hours to execute a security trade, match that trade with brokers, execute the FX and get everything settled. In addition, there are various trade types to account for, such as corporate actions or investor flows, that are different from the traditional security RVP/DVP FX transaction.

article thumbnail

Spring 2024 Data on What’s Causing K-12 Teachers to Quit Schools and What Will Make Them Stay

Tyton Partners

If 18% of teachers leave the profession and another ~20% change schools, this would result in ~575,000 public school teachers leaving by 2028 and another ~600,000 moving to a new school in the same timeframe. For K-12 providers , planning for more novice and new teachers in the classroom presents both challenges and opportunities.

article thumbnail

The Dynamic Landscape of Software Mergers and Acquisitions in 2024

Solganick & Co.

According to recent reports, global end-user spending on SaaS applications is projected to reach $247 billion in 2024, with expectations to more than triple by 2028. The Software-as-a-Service (SaaS) vertical, in particular, has seen significant traction, driven by enterprises’ increasing reliance on cloud and AI-based and solutions.