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Utah Money Watch provides perspective and contextual insights on all monetary aspects of the Services marketplace within Utah, from accounting to consultants and from legal to information technology.

PCF Insurance Services - A 5X, Utah-based "Unicorn" Hiding in Plain Sight - Lands $400 Million in Incremental Debt Financing

PCF Insurance Services - A 5X, Utah-based "Unicorn" Hiding in Plain Sight - Lands $400 Million in Incremental Debt Financing

The funding will be used by PCF to "accelerate (its) M&A strategy," a strategy that helped the Top 20 insurance brokerage complete nearly 100 partner transactions during 2022. Lehi, Utah-based PCF Insurance Services has just closed $400 million in incremental debt financing, funding designed to allow

ICYMI: The Top Seven Stories from the Second Half of July 2023

ICYMI: The Top Seven Stories from the Second Half of July 2023

From the potentially cranky/helpful rant of a seasoned communications pro to a surprising $43 billion figure shared by BofA Securities, we deliver our perspectives on each of the top 7 money stories in Utah for second half of the month (July 16th through the 31st). Welcome to August, the

A Journalist's Rant: Why Do So Many Firms Suck at PR?

A Journalist's Rant: Why Do So Many Firms Suck at PR?

Five basic tips to either kickstart, or upgrade, your Media Relations / Publicity efforts. {HINT: It's actually not that hard.} True Story: Earlier this week a news release headline caught my attention, so I opened the file and skimmed the body of the release. Since I found the information

25 June to 1 July 2023: Utah's Top Five Money Stories of Last Week, Plus Nine Other Items You Might Have Missed

25 June to 1 July 2023: Utah's Top Five Money Stories of Last Week, Plus Nine Other Items You Might Have Missed

Last week's lead stories at Utah Money Watch were about Clene, Overstock, Ovation, Qualtrics, and RevRoad. Additionally, we now share quick news updates from last week about eight other Utah-based firms (or people), specifically: Allison Braver (former Olympic speedskater), BYU Law School, EnergySolutions, INW, Lumio, Owlet, Recursion, World

HireVue Acquires Modern Hire

South Jordan, Utah-based HireVue today announced it has acquired Cleveland, Ohio-based Modern Hire. Financial terms of the transaction were not disclosed. According to the acquisition news release, Modern Hire is "the most comprehensive and innovative platform for assessment, interviewing and end-to-end hiring automation." "The acquisition of Modern