South Jordan, Utah-based Canopy Raises $35 Million in New Funding Round
At least 10 different investment firms have placed their bets on Canopy since its launch in 2014.
David Politis
Kent Outdoors Lands a $100 Million Credit Facility and Plans to Sell its Kona Bicycles Brand. But What About its Other Non-"Water Sports Businesses?"
Kent Outdoors is trying to sell Kona Bicycles. Fair enough. BUT ... has it also put its two other non-water sports brands up for sale: Arbor Collective and Arctic Shield?
Rant No. 3 from "Publisher Politis" — Stop Pretending You Actually Want to Talk with Journalists, Let Alone be Helpful
It's okay if your firm doesn't actually want to talk to, or work with, journalists. That's one of the benefits of being in a free country. Just don't pretend otherwise.
BREAKING NEWS: Utah-based Venafi is Being Bought by CyberArk for $1.54 Billion in Cash and Stock from Private Equity Firm, Thoma Bravo
"The acquisition is expected to close in the second half of 2024, subject to required regulatory approvals, clearances and other customary closing conditions."
A Personal Tale about the Miracle of Modern Medicine
I used to think I was invincible. Or at least close to it.
I could easily run 3—5 miles without trying, had a resting heart rate of under 50 beats per minute, and I could eat almost anything and not gain any weight.
Then I hit 40.
First, my
Utah Set a New Record of at Least $39.2 Billion in Equity Deals in 2023 vs. the Previous High of $31.2 Billion Set in 2021, the Latest "Deal Flow Report" Says
M&A activity in Utah in 2023 represented over 91.3% of ALL known equity transactions that occurred in the state last year.
Utah's Top 19 Financial and Business News Nuggets from the First Half of May 2024 that You Might have Missed
NOTE: This writeup includes news about 20 Utah-based firms, 18 separate executives, and the death of one former public official.