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Finance

Providing perspective and contextual insights on the monetary aspects of the Finance industry within the state of Utah, from Banking to FinTech and from venture capital to cryptocurrency.

BREAKING NEWS: Waystar Holdings is Now a Publicly Traded Company and has Raised $967+ Million in Gross Proceeds from its IPO

BREAKING NEWS: Waystar Holdings is Now a Publicly Traded Company and has Raised $967+ Million in Gross Proceeds from its IPO

Just 10 days after filing the 7th amendment of its Form S-1 with the U.S. Securities and Exchange Commission signaling its intent to sell shares via an Initial Public Offering, Lehi, Utah-based Waystar Holdings has done just that this morning (Friday, 07 May 2024) and is now a publicly

NEWS BRIEF: With a mere $15 Million Investment, PACS Group is Boosting its Footprint by Nearly 25% by Acquiring the Operations of 53 Healthcare Facilities in the Western U.S.

NEWS BRIEF: With a mere $15 Million Investment, PACS Group is Boosting its Footprint by Nearly 25% by Acquiring the Operations of 53 Healthcare Facilities in the Western U.S.

With the acquisition, PACS Group will see its footprint grow by nearly 25% to over 260 facilities, up from 218 facilities as of the end of the company's first quarter (ended 31 March 2024).

ANALYSIS/OPINION: I Suspect BYU'S Kevin Young is Likely to Become Its Most Transformative Head Coach Ever. Here's Why.

ANALYSIS/OPINION: I Suspect BYU'S Kevin Young is Likely to Become Its Most Transformative Head Coach Ever. Here's Why.

In less than two weeks in April 2024, Kevin Young went from being the most likely next head coach in the NBA to being named the new Head Coach of Men's Basketball at Brigham Young University, as its former HC, Mark Pope, bolted the environs of the Marriott

NEWS BRIEF: With a Combined Construction Budget of Nearly One-Quarter of a Billion Dollars, the UofU has Broken Ground on Two New Buildings

In total, the University of Utah will spend a combined $244 million to bring over 310,000-square-feet of instructional, administrative, and collaborative space on campus with these two new buildings.

NEWS BRIEF: Enbridge has Completed its $4.3 Billion Acquisition of Questar Gas from Dominion Energy

NEWS BRIEF: Enbridge has Completed its $4.3 Billion Acquisition of Questar Gas from Dominion Energy

Enbridge and Dominion Energy originally announced this three-part acquisition/sale on 5 September 2023.

Utah's Top 10 Monetary, Financial, and/or Business Stories of May 2024

Utah's Top 10 Monetary, Financial, and/or Business Stories of May 2024

In our opinion, these 10 stories represent Utah's Top 10 Newsmakers in May 2024 across the monetary / financial / business ecosystem.

NEWS BRIEF: A Global Leader in French Pastries and Breads Will Spend $220 Million to Build a New Manufacturing Plant in Brigham City, Utah

NEWS BRIEF: A Global Leader in French Pastries and Breads Will Spend $220 Million to Build a New Manufacturing Plant in Brigham City, Utah

Given the size of its Vineland, New Jersey and Canadian manufacturing facilities, I anticipate that Bridor's Utah plant will clock-in at somewhere between 150,000- to 200,000-square-feet when it opens in early 2026.