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Reading the Tea Leaves — Semeru Equity Partners Has Actually Purchased Controlling Interest in Utah-based JobNimbus for $330 Million and NOT Just Invested in the Firm

Reading the Tea Leaves — Semeru Equity Partners Has Actually Purchased Controlling Interest in Utah-based JobNimbus for $330 Million and NOT Just Invested in the Firm

Author's Note: Meaning can be transformed by changing a single word. That's a lesson I learned a long time ago. So, at the risk of being a "word geek," let me attempt to explain why words matter. The BusinessWire "Word Use" vs.

NEWS BRIEF: The Utah Housing Corporation Will Sell $200 Million in New Bonds to Support Low-Cost, Single-Family Home Sales in Utah

NEWS BRIEF: The Utah Housing Corporation Will Sell $200 Million in New Bonds to Support Low-Cost, Single-Family Home Sales in Utah

West Valley City, Utah-based Utah Housing Corporation plans to sell $200 million in new bonds next Wednesday, November 20, raising monies to help provide financial support for the sale of low-cost, single-family residences in the state. According to online publisher MuniOS, Utah Housing will sell three bonds next week, in

Three Utah Firms — Paiv, Paramify, and Paterna Biosciences — Have Raised a Combined $14.5 Million in Seed Round Funding

Three Utah Firms — Paiv, Paramify, and Paterna Biosciences — Have Raised a Combined $14.5 Million in Seed Round Funding

How it is that each of these three firms have names that start with the letters "Pa," I cannot say. Nevertheless ... Two Lehi-based firms, Paiv (formerly Gamify) and Paramify, have raised $5.0 million and $3.5 million, respectively, while Salt Lake City-based Paterna Biosciences raised $6.0

For the Sixth Time, Utah-based AdvancedMD is Getting Bought Again, this Time for $1.1 Billion

For the Sixth Time, Utah-based AdvancedMD is Getting Bought Again, this Time for $1.1 Billion

Some 25 years after its founding, South Jordan, Utah-based AdvancedMD is changing hands in a $1.1 billion transaction as it's being acquired, again, by leading private equity firm, San Francisco, California-based Francisco Partners from Global Payments (NYSE:GPN). Launched in 1999 with a client/server software application

"Global Chaos" — The Inflection Point Driving the Coming Transformation of Utah's Quiet, yet Decades-Old, Emerging Ecosystem that will be at the Center of the Next Business Revolution in the "State of Deseret"

Welcome to this 3,500-word Report, the longest ever published by Utah Money Watch. We share this today because we believe the information reported on today, along with the implications contained herein, potentially portend a massive transformation for the business ecosystem in Utah. As such, we welcome your feedback and

BioUtah Unveils Winning Agenda for Next Week's 2024 Life Sciences Summit, Utah's Annual Life Sciences / Biotech Confab

BioUtah Unveils Winning Agenda for Next Week's 2024 Life Sciences Summit, Utah's Annual Life Sciences / Biotech Confab

BioUtah, the top nonprofit association in the state for Utah's burgeoning life sciences / biotech industry, has unveiled the agenda for the 2024 Utah Life Sciences Summit — and it's a winner. Over 600 top life sciences leaders, experts, policymakers, and professionals are expected at the daylong 2024

NEWS BRIEF: Three Utah-based, Publicly Traded Microcap Firms Raise a Combined $16.7 Million in Three Separate Offerings

NEWS BRIEF: Three Utah-based, Publicly Traded Microcap Firms Raise a Combined $16.7 Million in Three Separate Offerings

The three Utah-based microcap firms are Clene (raised $7.3 million) and SINTX Technologies (raised $3.05 million), both of Salt Lake City, plus Woods Cross-based Sky Quarry (raised $6.7 million). Three Utah-based microcap, publicly traded companies, raised a combined total of $16.7 million in separate sales of

Dan Caffee's Contrarian Approach to Sales Process Enablement Lands Sandy, Utah-based Voze $12 Million in Series A Funding

On the surface, this week's funding announcement from Sandy, Utah-based Voze was fairly straightforward: "Voze Secures $12 Million in Series A Funding to Supercharge Field Sales Teams in Industrial, Manufacturing, and Construction." But it was this phrase from the "lede" paragraph — "... empowering sales

Utah's IPA is Issuing Two Bonds to Raise ~$115 Million to Install Two Gas-Fired Turbines in Place of Two Coal-Fired Turbines at its Intermountain Power Project Facilities in Delta, Utah

Utah's IPA is Issuing Two Bonds to Raise ~$115 Million to Install Two Gas-Fired Turbines in Place of Two Coal-Fired Turbines at its Intermountain Power Project Facilities in Delta, Utah

Utah's Intermountain Power Agency, owner of the electricity-generating IPP (Intermountain Power Project) located just north of Delta, Utah in Millard County, provides over 13 million megawatt hours of electricity annually (1,300 Gigawatts) to 35 customers (23 municipalities in Utah and six in California), plus 6 cooperative purchasers

Wags Capital screengrab from Instagram (09-14-23). Image downloaded from Archive.Today on 10-28-24

A Former BYU Linebacker is Arrested on Wire Fraud Charges of $2.0 Million, Then Hindenburg Research Drops a 7,000-Word Bombshell Report to "Shed More Light on Aaron Wagner," Wags Capital, and More

On Wednesday, 23 October 2024, felony wire fraud charges were filed in U.S. District Court, District of Utah against 42-year-old Aaron A. Wagner (a former linebacker at Brigham Young University), alleging the electronic misappropriation of $2.0 million. As noted in the Salt Lake Sheriff's Inmate Database

Roughly Nine Months after Being Named Executive Chairman of Beyond, it's Clear that Marcus Lemonis is the "Man in Charge" as Beyond Unveils Five Major Announcements / Initiatives in the Past Six Weeks

Roughly Nine Months after Being Named Executive Chairman of Beyond, it's Clear that Marcus Lemonis is the "Man in Charge" as Beyond Unveils Five Major Announcements / Initiatives in the Past Six Weeks

What are these five major announcements / initiatives? ONE: A global licensing program; TWO: A Strategic Partnership with, and a $40 million investment in, The Container Store; THREE: A Strategic Partnership with, and up to $25 million in investments into, Kirkland's, including with four separate financial agreements with the

NEWS BRIEF: Sweden's Hexatronic Begins Operations at its New $30 Million Production Facility in Ogden, Utah

NEWS BRIEF: Sweden's Hexatronic Begins Operations at its New $30 Million Production Facility in Ogden, Utah

Gothenburg, Sweden-based Hexatronic Group has begun operations in its newest production facility, a manufacturing plant located in Ogden, Utah. According to the Hexatronic news release, the company spent ~$30 million over the past 16 months (through its Lexington, Kentucky-based subsidiary, Blue Diamond Industries), to build-out and equip this new 38,

Mo' Bettahs' Owners Decide it's Mo' Bettah to Sell a Majority Equity Stake to Two New Investors: Blue Marlin Partners and Trive Capital

Mo' Bettahs' Owners Decide it's Mo' Bettah to Sell a Majority Equity Stake to Two New Investors: Blue Marlin Partners and Trive Capital

After opening its first Mo' Bettahs Hawaiian Style Food quick serve restaurant in 2008, it took Kimo & Kalani Mack (the co-founder brothers) eight years to reach six total locations in 2016. But in eight additional years (after first engaging with Utah-based investment banker, Crewe Capital), Mo' Bettahs

Salt Lake City-based Vanilla Lands $35 Million in New Investment Round

Salt Lake City-based Vanilla Lands $35 Million in New Investment Round

With over $84 million raised since its 2019 founding, Vanilla helps wealth advisors, planners, and attorneys (and their firms) manage and maximize their estate planning efforts with a purpose-built SaaS platform that now serves over 10,000 end-clients with net worths ranging from $1 million to over $1 billion. Leading