J. P. Morgan

J.P. Morgan Becomes Principal Member of Cartes Bancaires CB, France’s Leading Payment Network

Retrieved on: 
Tuesday, March 5, 2024

J.P. Morgan announced today that it has been granted approval to become a principal member of France’s leading payments network, Cartes Bancaires CB, with the intention to offer merchant clients access to the French payment network by the end of 2024.

Key Points: 
  • J.P. Morgan announced today that it has been granted approval to become a principal member of France’s leading payments network, Cartes Bancaires CB, with the intention to offer merchant clients access to the French payment network by the end of 2024.
  • View the full release here: https://www.businesswire.com/news/home/20240304657806/en/
    J.P. Morgan was granted the license to become the first U.S. bank to be a principal member of Cartes Bancaires CB on 15 February 2024.
  • Cartes Bancaires CB is the leading payment system in France with 15 billion CB transactions per year by card or mobile phone.
  • Philippe Laulanie, CEO of Cartes Bancaires CB, said, “We are proud that J.P. Morgan has chosen to join CB, the leading domestic card and mobile payment network in France.

StartOut and J.P. Morgan Announce Startups Selected to Join Growth Lab Accelerator

Retrieved on: 
Monday, March 4, 2024

Today, StartOut and J.P. Morgan welcomed the newest cohort of companies to the Growth Lab Accelerator .

Key Points: 
  • Today, StartOut and J.P. Morgan welcomed the newest cohort of companies to the Growth Lab Accelerator .
  • Seventy-four companies have participated in Growth Lab since 2016, raising more than $892 million in funding and creating approximately 4,216 jobs.
  • As co-lead sponsor of the program, J.P. Morgan provides Growth Lab participants with access to the firm’s network of global experts and resources.
  • “Each Growth Lab introduces us to an inspiring new cohort of founders, bringing fresh ideas, breaking barriers and expanding our vibrant, global StartOut community,” said Brian Richardson, CEO of StartOut.

CCC Intelligent Solutions Announces Proposed Secondary Offering of 40 Million Shares of Common Stock

Retrieved on: 
Thursday, February 29, 2024

CCC Intelligent Solutions Holdings Inc. (the “Company”) (NASDAQ: CCCS) today announced the proposed secondary offering of 40 million shares of the Company’s common stock (the “Offering”) by affiliates of Advent International, L.P. and Oak Hill Capital Partners (collectively, the “Selling Stockholders”).

Key Points: 
  • CCC Intelligent Solutions Holdings Inc. (the “Company”) (NASDAQ: CCCS) today announced the proposed secondary offering of 40 million shares of the Company’s common stock (the “Offering”) by affiliates of Advent International, L.P. and Oak Hill Capital Partners (collectively, the “Selling Stockholders”).
  • The Selling Stockholders intend to grant the underwriters a 30-day option to purchase up to an additional 6 million shares of the Company’s common stock.
  • The Offering consists entirely of shares of the Company’s common stock to be sold by the Selling Stockholders, and the Company will not receive any proceeds from the sale of the shares being offered by the Selling Stockholders.
  • Goldman Sachs & Co. LLC, BofA Securities and J.P. Morgan are acting as joint book running managers for the Offering.

Corbin Advisors Adds Top Talent to Lead Healthcare Vertical

Retrieved on: 
Thursday, February 29, 2024

Leveraging his experience on the sell side covering the healthcare sector and advising public companies, Mr. Newshel will oversee Corbin's Healthcare vertical, building on the firm's long-standing client relationships across the sector, including biotech, specialty and generic pharma, diagnostics, med tech, healthcare services, and IT.

Key Points: 
  • Leveraging his experience on the sell side covering the healthcare sector and advising public companies, Mr. Newshel will oversee Corbin's Healthcare vertical, building on the firm's long-standing client relationships across the sector, including biotech, specialty and generic pharma, diagnostics, med tech, healthcare services, and IT.
  • "Mike is a long-tenured, Institutional Investor -ranked healthcare expert who brings nearly two decades of sector experience to our specialized talent base at Corbin,” said Rebecca Corbin, Founder and CEO of Corbin Advisors .
  • “His extensive sell-side experience, deep equity market knowledge, and expertise across the broader healthcare ecosystem will create significant value for our healthcare clients.
  • In addition, he brings deep expertise on the U.S. healthcare system, specifically policy and regulation.

Sixth Street Specialty Lending, Inc. Prices Public Offering of Common Stock

Retrieved on: 
Friday, March 1, 2024

Sixth Street Specialty Lending, Inc. (NYSE:TSLX) (“TSLX” or the “Company”) announced today that it has priced a public offering of 4,000,000 shares of its common stock for total gross proceeds of approximately $83.4 million.

Key Points: 
  • Sixth Street Specialty Lending, Inc. (NYSE:TSLX) (“TSLX” or the “Company”) announced today that it has priced a public offering of 4,000,000 shares of its common stock for total gross proceeds of approximately $83.4 million.
  • In connection with the offering, the Company has granted the underwriters for the offering an option to purchase up to an additional 600,000 shares of its common stock.
  • The offering is subject to customary closing conditions, and the shares are expected to be delivered on or about March 5, 2024.
  • TSLX expects to use the net proceeds of the offering to pay down outstanding debt under its revolving credit facility.

Dutch Bros Inc. to Participate at the J.P. Morgan Gaming, Lodging, Restaurant and Leisure Management Access Forum on March 14, 2024

Retrieved on: 
Thursday, February 29, 2024

Dutch Bros Inc. (NYSE: BROS; “Dutch Bros” or “the “Company”) one of the fastest-growing brands in the quick-service beverage industry in the United States by location count, today announced that the Company will host a fireside chat at the J.P. Morgan Gaming, Lodging, Restaurant and Leisure Management Access Forum in Las Vegas, Nev. on Thursday, March 14, 2024 beginning at 11:30 AM ET and will be meeting with institutional investors throughout the day.

Key Points: 
  • Dutch Bros Inc. (NYSE: BROS; “Dutch Bros” or “the “Company”) one of the fastest-growing brands in the quick-service beverage industry in the United States by location count, today announced that the Company will host a fireside chat at the J.P. Morgan Gaming, Lodging, Restaurant and Leisure Management Access Forum in Las Vegas, Nev. on Thursday, March 14, 2024 beginning at 11:30 AM ET and will be meeting with institutional investors throughout the day.

Metropolitan Commercial Bank Bolsters Risk Management and Finance Teams with Experienced Large Bank Veterans

Retrieved on: 
Thursday, February 29, 2024

“Metropolitan Commercial Bank is delighted to welcome Greg Gaare, a seasoned risk management professional.

Key Points: 
  • “Metropolitan Commercial Bank is delighted to welcome Greg Gaare, a seasoned risk management professional.
  • He recently was the Deputy Chief Risk Officer in the Risk Management Division of Flagstar Bank.
  • We will continue to position Metropolitan Commercial Bank as an industry leader,” Gregory Gaare, Senior Vice President and Chief Risk Officer at Metropolitan Commercial Bank remarked.
  • “With its rich history and commitment to excellence, Metropolitan Commercial Bank is at the forefront of the commercial banking industry.

Sixth Street Specialty Lending, Inc. Announces Public Offering of Common Stock

Retrieved on: 
Thursday, February 29, 2024

Sixth Street Specialty Lending, Inc. (NYSE:TSLX) (“TSLX” or the “Company”) announced today that it has launched a public offering of 4,000,000 shares of its common stock.

Key Points: 
  • Sixth Street Specialty Lending, Inc. (NYSE:TSLX) (“TSLX” or the “Company”) announced today that it has launched a public offering of 4,000,000 shares of its common stock.
  • TSLX also plans to grant the underwriters for the offering an option to purchase up to an additional 600,000 shares of its common stock.
  • The offering will be made pursuant to a registration statement, which has been filed with the Securities and Exchange Commission (the “SEC”) and became effective automatically upon filing.
  • TSLX expects to use the net proceeds of the offering to pay down outstanding debt under its revolving credit facility.

CCC Intelligent Solutions Announces Pricing of Upsized Secondary Offering of 43 Million Shares of Common Stock

Retrieved on: 
Friday, March 1, 2024

The Offering consists of 43 million shares of the Company’s common stock, upsized from the previously announced size of 40 million shares.

Key Points: 
  • The Offering consists of 43 million shares of the Company’s common stock, upsized from the previously announced size of 40 million shares.
  • The Selling Stockholders granted the underwriters a 30-day option to purchase up to an additional 6.45 million shares of the Company’s common stock.
  • The Offering is expected to close on or about March 4, 2024, subject to the satisfaction of customary closing conditions.
  • Goldman Sachs & Co. LLC, BofA Securities and J.P. Morgan are acting as joint book running managers for the Offering.

CACI to Participate in J.P. Morgan 2024 Industrials Conference

Retrieved on: 
Wednesday, February 28, 2024

CACI International Inc (NYSE: CACI), a leading provider of distinctive expertise and differentiated technology to U.S. government customers in support of critical national security missions and government modernization, announced today that the company will participate in the J.P. Morgan 2024 Industrials Conference.

Key Points: 
  • CACI International Inc (NYSE: CACI), a leading provider of distinctive expertise and differentiated technology to U.S. government customers in support of critical national security missions and government modernization, announced today that the company will participate in the J.P. Morgan 2024 Industrials Conference.
  • CACI President and Chief Executive Officer John Mengucci will engage in a question and answer "fireside chat" on Wednesday, March 13 at 3:45 p.m. Eastern Time.
  • A live audio webcast of the event will be available on the CACI investor relations website , after which a replay will be posted for 90 days.