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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.

How Much Did Ryan & Ashley Smith (aka, Smith Entertainment Group) just Pay to Acquire the 111-Acre Shops at South Town? Probably Over $300 Million.

How Much Did Ryan & Ashley Smith (aka, Smith Entertainment Group) just Pay to Acquire the 111-Acre Shops at South Town? Probably Over $300 Million.

After being purchased over a decade ago for $205 million by a real estate consortium led by Pacific Retail Capital Partners, the Sandy, Utah-based Shops at South Town have been sold by Pacific Retail to SEG, which will use the property to house the recently acquired Utah Hockey Club. Separately,

BREAKING NEWS: BYU is Adding a Medical School

BREAKING NEWS: BYU is Adding a Medical School

Earlier this morning, The Church of Jesus Christ of Latter-day Saints issued a brief announcement that it plans to add a medical school to Brigham Young University in Provo, Utah, the penultimate educational institution of the global Christian church. Few other details are available at this time. In a move

BREAKING NEWS BRIEF: Former Utah State University Quarterback, Jordan Love, is Now the Highest Paid QB Ever in the National Football League with a Contract Worth $220 Million over the Next Four Years

BREAKING NEWS BRIEF: Former Utah State University Quarterback, Jordan Love, is Now the Highest Paid QB Ever in the National Football League with a Contract Worth $220 Million over the Next Four Years

This is the best news to hit the USU Athletics Department in some time!

Vivint Solar and Vivint Smart Home Founder, Todd Pedersen, has Apparently Acquired Controlling Interest in Utah-based Deploy Surveillance. This Development Potentially Puts Deploy and Pedersen on a Collision Course with Utah-based LiveView Technologies.

In the game of business, sometimes the only way to determine who is winning and who is losing is with a scorecard.

Utah's Top 19 Monetary, Financial and/or Business News Nuggets from the First Half of July 2024 that You Might have Missed

Utah's Top 19 Monetary, Financial and/or Business News Nuggets from the First Half of July 2024 that You Might have Missed

{AUTHOR'S NOTE: Clearly, not every news announcement deserves to be the top story of the day. Nevertheless, many news items are significant and should be acknowledged as such. So in this writeup, you'll find info about 27 Utah-based organizations and 14 separate executives that we feel

Utah-based Health Catalyst has Borrowed $125 Million from a New Credit Facility Worth up to $225 Million

Utah-based Health Catalyst has Borrowed $125 Million from a New Credit Facility Worth up to $225 Million

"Health Catalyst's solutions are currently empowered by trillions of datapoints gathered from over 100 million patient data records."

NEWS BRIEF: Utah-based "Death Care Services" Company, After.com, has Closed a $10 Million Round of Series A Financing

NEWS BRIEF: Utah-based "Death Care Services" Company, After.com, has Closed a $10 Million Round of Series A Financing

An alternative to the traditional funeral home industry, After.com specializes in cremation-only services, and plans to use the funding to expand beyond its current footprint across parts of six states: Arizona, California, Colorado, Oregon, Utah, and Washington. Provo, Utah- and West Palm Beach, Florida-based After.com has closed a