Sign in Subscribe

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: Utah-based Venafi is Being Bought by CyberArk for $1.54 Billion in Cash and Stock from Private Equity Firm, Thoma Bravo

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."

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

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

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.

NEWS BRIEF: Utah Man Found Guilty in an 18-Year Mail Fraud Scam Totaling over $5.8 Million in Stolen Monies

NEWS BRIEF: Utah Man Found Guilty in an 18-Year Mail Fraud Scam Totaling over $5.8 Million in Stolen Monies

Kevin Scott Horton of Saratoga Springs, Utah is facing up to 140 years in prison for his crimes.

NEWS BRIEF: HealthEquity Completes its $425 Million Acquisition of the BenefitWallet HSA Portfolio from Conduent

NEWS BRIEF: HealthEquity Completes its $425 Million Acquisition of the BenefitWallet HSA Portfolio from Conduent

HealthEquity "... now serves more than nine million HSA members and more than 16 million total accounts."

Farmington, Utah-based PACS Group Sets Revenue Record in its First Quarterly Report Filed Since its 11 April 2024 IPO

Farmington, Utah-based PACS Group Sets Revenue Record in its First Quarterly Report Filed Since its 11 April 2024 IPO

PACS Group "... is a holding company investing in post-acute healthcare facilities, professionals, and ancillary services."

SLC-based Zanskar Geothermal & Minerals has Raised $30 Million in New Funding to Accelerate its Efforts to Uncover Likely Productive Geothermal Sites in the U.S.

SLC-based Zanskar Geothermal & Minerals has Raised $30 Million in New Funding to Accelerate its Efforts to Uncover Likely Productive Geothermal Sites in the U.S.

Zanskar plans to deploy the funds to accelerate technology development and advance its portfolio of greenfield power projects to serve new partnerships.