Winston-Salem, North Carolina

P1 Finance Now Part of Truliant Federal Credit Union

Retrieved on: 
Thursday, March 7, 2024

ATLANTA, March 7, 2024 /PRNewswire/ -- Atlanta-based P1 Finance Holdings, a 37-year-old premium finance company, announces it has become a division of Winston-Salem, NC-based Truliant Federal Credit Union, effective Feb. 1, 2024.

Key Points: 
  • Driven by unprecedented growth, Atlanta-based national premium finance company allies with new, larger financial partner
    ATLANTA, March 7, 2024 /PRNewswire/ -- Atlanta-based P1 Finance Holdings, a 37-year-old premium finance company, announces it has become a division of Winston-Salem, NC-based Truliant Federal Credit Union , effective Feb. 1, 2024.
  • Truliant is a $5.1 billion credit union, and the 80th largest in the U.S. by asset size, according to the Credit Union National Association.
  • "We're excited to welcome Bill and P1 Finance to the Truliant family," says Todd Hall, Truliant President and CEO.
  • P1 Finance, which is authorized or approved to do business in all 50 states, was for the last five years a division of a smaller, Georgia-based credit union.

CHESS Health Solutions Expands into Medicaid Services, Enhancing Value-based Care in North Carolina

Retrieved on: 
Thursday, January 25, 2024

Winston-Salem, NC, Jan. 25, 2024 (GLOBE NEWSWIRE) -- Winston-Salem, NC - CHESS Health Solutions, a pioneering force in value-based healthcare, is proud to announce its expansion into the Medicaid services market in North Carolina.

Key Points: 
  • Winston-Salem, NC, Jan. 25, 2024 (GLOBE NEWSWIRE) -- Winston-Salem, NC - CHESS Health Solutions, a pioneering force in value-based healthcare, is proud to announce its expansion into the Medicaid services market in North Carolina.
  • “At CHESS, our goal is to be an all-patient solution provider” said Yates Lennon, MD, President of CHESS Health Solutions.
  • CHESS Health Solutions invites healthcare providers, industry experts, and Medicaid Managed Care Organizations to engage with us as we embark on this journey to transform Medicaid services in North Carolina.
  • CHESS Health Solutions is a physician-led company that collaborates with providers and health systems to transform care delivery from a fee-for-service model to value-based care.

Kerrigan Advisors Represents Jim Price Auto Group in Sale of Virginia Hyundai and Kia Dealerships

Retrieved on: 
Wednesday, November 8, 2023

Kerrigan Advisors, the premier sell-side advisor and thought partner to auto dealers nationwide, represented Charlottesville, Virginia-based Jim Price Auto Group in the sale of Jim Price Hyundai and Price Kia to Winston-Salem, North Carolina-based Flow Automotive, which owns dealerships across North Carolina and Charlottesville.

Key Points: 
  • Kerrigan Advisors, the premier sell-side advisor and thought partner to auto dealers nationwide, represented Charlottesville, Virginia-based Jim Price Auto Group in the sale of Jim Price Hyundai and Price Kia to Winston-Salem, North Carolina-based Flow Automotive, which owns dealerships across North Carolina and Charlottesville.
  • In 2023 alone, the firm is on track to sell 52 dealerships representing $2.6 billion in client proceeds, making Kerrigan Advisors the leading sell-side advisor in auto retail.
  • Flow Automotive, with multiple dealerships in Charlottesville, proved to be a natural fit.”
    The Jim Price Auto Group, a family-run dealership group, was founded in 1968 by Henry James “Jim” Price in Charlottesville.
  • In 2022, Jim Price Auto Group was named the #1 New Car Dealership Group in Charlottesville for the second consecutive year.

U.S. News & World Report Unveils the 2024 Best Places to Retire Rankings

Retrieved on: 
Tuesday, November 7, 2023

WASHINGTON, Nov. 7, 2023 /PRNewswire/ -- U.S. News & World Report, the global authority in rankings and consumer advice, today unveiled the 2024 Best Places to Retire in the United States. This year's list evaluated the country's 150 most populous metropolitan areas based on how well they meet Americans' expectations for retirement, with measures including Affordability, Health Care, Desirability, Retiree Taxes, Job Market and Overall Happiness. The results are three new places in the top five.

Key Points: 
  • WASHINGTON, Nov. 7, 2023 /PRNewswire/ -- U.S. News & World Report, the global authority in rankings and consumer advice, today unveiled the 2024 Best Places to Retire in the United States.
  • This is why Pennsylvania dominated the Best Places to Retire ranking's top positions, taking seven of the top 10 spots on the list."
  • The 2024 ranking's adjustments made for affordability and retiree taxes allowed Winston-Salem, North Carolina , to soar 19 spots to No.
  • Affordability is the most heavily weighted of the six factors in the 2024 Best Places to Retire methodology , which also includes happiness, health care quality, retiree taxes, desirability and job market ratings.

McAdams Expands Presence in North Carolina With the Addition of Triad Office

Retrieved on: 
Wednesday, July 26, 2023

Major economic development projects from Toyota, Boom Supersonic, and others, will continue to drive the Triad's economy for years.

Key Points: 
  • Major economic development projects from Toyota, Boom Supersonic, and others, will continue to drive the Triad's economy for years.
  • "The Triad is making significant moves attracting new employers and new growth, and McAdams looks forward to supporting these exciting expansion opportunities for the entire region," said Munn.
  • In 2022, the company's headquarters shifted to Bloc [83] in the Triangle, paving the way for McAdams' growing footprint across North Carolina – operations began June 1st in the Triad.
  • The Winston-Salem office, specifically, will be releasing information regarding possible employment opportunities over the coming months.

ONCAP Completes Investment in Biomerics, Merger with Precision Concepts Medical, and Significant Distribution for ONCAP IV

Retrieved on: 
Monday, July 24, 2023

TORONTO, July 24, 2023 (GLOBE NEWSWIRE) -- ONCAP today announced it has closed a significant investment into Biomerics and provided a material realization for investors in Precision Concepts including ONCAP IV. As part of the transaction, Biomerics has merged with the medical business of ONCAP IV’s current portfolio company, Precision Concepts (“Precision Concepts Medical”) including Precision Concepts Group of Winston-Salem, NC, which was acquired from the Marino family in April 2023. This investment has been made in partnership with Biomerics’ founder and CEO Travis Sessions, current Biomerics shareholder Wasatch Equity Partners, and the Marino family. Following this transaction, Precision Concepts will become a stand-alone pure-play consumer packaging company with a dedicated focus from the existing management team on growing both organically and through mergers and acquisitions (M&A).

Key Points: 
  • TORONTO, July 24, 2023 (GLOBE NEWSWIRE) -- ONCAP today announced it has closed a significant investment into Biomerics and provided a material realization for investors in Precision Concepts including ONCAP IV.
  • As part of the transaction, Biomerics has merged with the medical business of ONCAP IV’s current portfolio company, Precision Concepts (“Precision Concepts Medical”) including Precision Concepts Group of Winston-Salem, NC, which was acquired from the Marino family in April 2023.
  • The investment in Biomerics was made by a combination of ONCAP IV, ONCAP V and co-investors.
  • Proceeds to Precision Concepts were used to repay debt and provide a significant distribution to shareholders, including ONCAP IV.

ONCAP Announces Investment into Biomerics and Merger with Precision Concepts Medical

Retrieved on: 
Wednesday, May 17, 2023

TORONTO, May 17, 2023 (GLOBE NEWSWIRE) -- ONCAP today announced it has agreed to make a significant investment in Biomerics (“Biomerics” or the “Company”). Biomerics is also merging with the medical business of ONCAP IV’s portfolio company, Precision Concepts (“Precision Concepts Medical”), including Precision Concepts Group of Winston-Salem, NC, which was acquired from the Marino family in April 2023. This investment has been made in partnership with the Company’s founder and CEO Travis Sessions, current Biomerics shareholder Wasatch Equity Partners, and the Marino family.

Key Points: 
  • TORONTO, May 17, 2023 (GLOBE NEWSWIRE) -- ONCAP today announced it has agreed to make a significant investment in Biomerics (“Biomerics” or the “Company”).
  • Biomerics is also merging with the medical business of ONCAP IV’s portfolio company, Precision Concepts (“Precision Concepts Medical”), including Precision Concepts Group of Winston-Salem, NC, which was acquired from the Marino family in April 2023.
  • Precision Concepts Medical is a strong business with unique capability that fits well with Biomerics and extends our offerings as a leading supplier to the world’s largest medical device OEMs.
  • William Blair and Stifel acted as financial advisors to Precision Concepts and Raymond James & Associates, Inc. acted as financial advisor to ONCAP.

EC-Council Announces 2022 Academia Award Winning Cybersecurity Institutions in North America

Retrieved on: 
Thursday, January 26, 2023

TAMPA, Fla , Jan. 26, 2023 /PRNewswire/ -- Today EC-Council announced its Academia award winning institutions from 2022. The eight honored institutions include leading college and university cybersecurity programs with a track record of providing a rigorous, hands-on cybersecurity education program to diverse communities of students. Award recipients are selected annually from among EC-Council's network of affiliated Academia Partner institutions.

Key Points: 
  • TAMPA, Fla , Jan. 26, 2023 /PRNewswire/ -- Today EC-Council announced its Academia award winning institutions from 2022.
  • The eight honored institutions include leading college and university cybersecurity programs with a track record of providing a rigorous, hands-on cybersecurity education program to diverse communities of students.
  • Award recipients are selected annually from among EC-Council's network of affiliated Academia Partner institutions.
  • "It is a privilege to support a growing number of institutions and academic communities across North America offering influential cybersecurity programs and initiatives.

Study: U.S. Rents Moderating, but Affordability Issues Linger

Retrieved on: 
Tuesday, February 7, 2023

But rents remain elevated in some markets, particularly Florida.

Key Points: 
  • But rents remain elevated in some markets, particularly Florida.
  • “It is one thing for rents to slow, but another for rents to decline," Johnson said.
  • "I don’t think we will see rents returning to 2019 levels anywhere in the country.
  • So, affordability will be an issue until incomes rise closer to monthly rents."

BENCHMARK PHYSICAL THERAPY OPENS OUTPATIENT CLINIC IN LEXINGTON, N.C.

Retrieved on: 
Thursday, December 22, 2022

LEXINGTON, N.C., Dec. 22, 2022 /PRNewswire/ -- BenchMark Physical Therapy opened an outpatient clinic today at 238 Lowes Blvd.

Key Points: 
  • LEXINGTON, N.C., Dec. 22, 2022 /PRNewswire/ -- BenchMark Physical Therapy opened an outpatient clinic today at 238 Lowes Blvd.
  • BenchMark offers in-clinic and telehealth options for outpatient orthopedic physical therapy.
  • Services include manual therapy, injury prevention, dry needling, return to performance, total joint replacement, concussion management and vestibular rehabilitation.
  • Clinic director Beau Lawrence earned a bachelor's degree in athletic training from San Diego State University and a doctor of physical therapy degree from Winston-Salem State University.