ICYMI: L3Harris Technologies has Landed a Five-Year $999 Million Contract and Half of the Work will be Completed in Utah
Sometimes, an announcement doesn't hit our regular sources of information in a timely fashion. This is one of those times.
A Huge Thanks to Garrett Clark and Silicon Slopes for Having Me on the Silicon Slopes Show
"I started Utah Money Watch as the first proof point to say, 'Is there a way that I can help anybody who's in Utah, or is interested in Utah, (to) learn what's really going on from a monetary-financial standpoint and not just a regurgitation of press releases?'"
Utah's Top 15 Monetary, Financial and/or Business News Nuggets from the Second Half of June 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. And in this writeup, you'll find info about 15 Utah-based firms and nine separate executives or celebrities. This
BREAKING NEWS: Utah-based R1 RCM Receives Updated All-Cash "Take Private" Offer of ~$5.58 Billion from New Mountain Capital in a Proposed "Go It Alone" Deal
As one of the largest "Revenue-Cycle-Management" players in the healthcare industry, Murray, Utah-based R1 RCM has been in acquisition talks with various private equity and investment entities since January 2022.
However, in the latest twist to this ongoing saga, New York City-based New Mountain Capital has notified R1
BREAKING NEWS: Lehi, Utah-based Route has Closed a $40 Million C Round of Funding at a Valuation of $1.4 Billion
Since its launch in 2019, Route has insured over $15B in eCommerce product purchases.
NEWS BRIEF: Orem, Utah-based Ovation Raises an Additional $2.0 Million in a Continuation and Closure of its "A Round" of Funding
In total, Ovation "... has now raised a little bit over $9.0 million in total through all its external financings."
BREAKING NEWS: South Jordan, Utah-based GPS Capital Markets is Being Acquired for $725 Million by NYSE-Listed Corpay
To me, this is another example of a relatively stealthy Utah-based company making a "splash" in Utah's business ecosystem with a significant monetary / financial transaction.