Webster

MPE Partners Announces Investment in Webster Industries

Retrieved on: 
Wednesday, March 6, 2024
Morgenthaler, Webster, Partnership, Growth, EVP, MPE, AJ, Management

CLEVELAND and BOSTON, March 6, 2024 /PRNewswire/ -- MPE Partners ("MPE" or "Morgenthaler Private Equity") announced today an investment in Webster Industries, Inc. ("Webster" or the "Company"), a market leading manufacturer of engineered class chain, engineered class sprockets, and vibratory equipment for material handling and power transmission applications across diverse industrial end markets.

Key Points: 
  • CLEVELAND and BOSTON, March 6, 2024 /PRNewswire/ -- MPE Partners ("MPE" or "Morgenthaler Private Equity") announced today an investment in Webster Industries, Inc. ("Webster" or the "Company"), a market leading manufacturer of engineered class chain, engineered class sprockets, and vibratory equipment for material handling and power transmission applications across diverse industrial end markets.
  • Domestic, diverse, and vertically integrated manufacturing capabilities differentiate Webster on quality, service, lead times, and customization capabilities against competitors.
  • Constantine Elefter, Partner at MPE, said, "We are thrilled about our investment in Webster.
  • Tom Wyza, Vice President at MPE, added, "We are equally excited about pursuing complementary add-on acquisitions that enhance Webster's value proposition."

Opera Theatre of Saint Louis Announces Four-Year Contract Extension for Principal Conductor Daniela Candillari

Retrieved on: 
Thursday, February 1, 2024
Partnership, Opera Philadelphia, OTSL, Principal, Season, Music Academy, Translation, The New York Times, SLSO, Yale school, Art, St. Louis Symphony Orchestra, Conducting, Deutsche Oper Berlin, Lyric Opera of Chicago, Love, Madhouse, American Composers Orchestra, Grammy Awards, The Wall Street Journal, Volunteering, Education, Washington National Opera, Center Stage, Webster, Juilliard School, Music

St. Louis, MO, Feb. 01, 2024 (GLOBE NEWSWIRE) -- Opera Theatre of Saint Louis (OTSL) announced the continuation of the creative partnership between Principal Conductor Daniela Candillari and Opera Theatre of Saint Louis.

Key Points: 
  • St. Louis, MO, Feb. 01, 2024 (GLOBE NEWSWIRE) -- Opera Theatre of Saint Louis (OTSL) announced the continuation of the creative partnership between Principal Conductor Daniela Candillari and Opera Theatre of Saint Louis.
  • “Since joining OTSL as Principal Conductor, St. Louis has become a musical home for me,” said Candillari.
  • “Opera is vital and vibrant here thanks to the love and dedication of a community of artists, supporters, staff, and volunteers.
  • In her latest 2023-24 season, Candillari conducted Rene Orth’s 10 Days in a Madhouse at Opera Philadelphia.

Webster Closes Ametros Acquisition

Retrieved on: 
Wednesday, January 24, 2024
Banking, Professional Services, Insurance, Finance, Webster Bank, Acquisition, Webster, WBS

Webster Financial Corporation (NYSE: WBS) today announced that its principal bank subsidiary Webster Bank, N.A.

Key Points: 
  • Webster Financial Corporation (NYSE: WBS) today announced that its principal bank subsidiary Webster Bank, N.A.
  • ("Webster") has completed the acquisition of Ametros Financial Corp (“Ametros”).
  • The business will continue to operate under the Ametros and CareGuard brands following the acquisition.
  • The acquisition of Ametros provides Webster a fast-growing source of low-cost and long-duration deposits, further diversifying Webster’s deposits as well as noninterest income.

Webster Signs Definitive Agreement to Acquire Ametros

Retrieved on: 
Friday, December 15, 2023
Insurance, Human Resources, Managed Care, Finance, General Health, Health, Professional Services, Health Insurance, Webster Bank, Growth, HSA Bank, Acquisition, NYSE, WBS, Webster

Webster Financial Corporation (NYSE: WBS) today announced that its principal bank subsidiary Webster Bank, N.A.

Key Points: 
  • Webster Financial Corporation (NYSE: WBS) today announced that its principal bank subsidiary Webster Bank, N.A.
  • ("Webster") has signed a definitive agreement to acquire Ametros Financial Corp (“Ametros”), a custodian and administrator of medical funds from insurance claim settlements, from funds managed by Long Ridge Equity Partners (“Long Ridge”).
  • Upon the close of the transaction, Ametros will operate as a subsidiary of Webster.
  • “Webster is the perfect growth partner for our unique business,” says Ametros’ CEO, Porter Leslie.

Webster Signs Definitive Agreement to Acquire Ametros

Retrieved on: 
Thursday, December 14, 2023
Banking, Professional Services, Insurance, Finance, Acquisition, NYSE, WBS, Webster, HSA Bank, Webster Bank, Hall, FDIC, Growth, IRR, Bank

Webster Financial Corporation (NYSE: WBS) today announced that its principal bank subsidiary Webster Bank, N.A.

Key Points: 
  • Webster Financial Corporation (NYSE: WBS) today announced that its principal bank subsidiary Webster Bank, N.A.
  • ("Webster") has signed a definitive agreement to acquire Ametros Financial Corp (“Ametros”), a custodian and administrator of medical funds from insurance claim settlements, from funds managed by Long Ridge Equity Partners (“Long Ridge”).
  • Ametros, the nation’s largest professional administrator of medical insurance claim settlements, helps individuals manage their ongoing medical care through their CareGuard service and proprietary technology platform.
  • Upon the close of the transaction, Ametros will operate as a subsidiary of Webster.

Cenlar Appoints Two New Directors and Promotes One to Enterprise Portfolio Management Office

Retrieved on: 
Monday, December 4, 2023
Consulting, Banking, Professional Services, Finance, Project Management Institute, Project Management Professional, Webster, PMO, Mentorship, EPMO, SIRVA, QBE, PMP, FSB, Business administration, Culminating project, Fiserv, Villanova University, Webster Bank, NYK, Accenture, Program management, University, Azure, Quinnipiac University, Management information system, University of Phoenix, Bachelor, QBE Insurance, Merrill (company), Certification, AWS, Management

Cenlar FSB, the nation’s leading mortgage loan subservicer, announced today that Kelly O’Donnell and Karen Sim have joined Cenlar as Directors of Enterprise Portfolio Management, and Darrin Borell has been promoted to Director of Enterprise Portfolio Management.

Key Points: 
  • Cenlar FSB, the nation’s leading mortgage loan subservicer, announced today that Kelly O’Donnell and Karen Sim have joined Cenlar as Directors of Enterprise Portfolio Management, and Darrin Borell has been promoted to Director of Enterprise Portfolio Management.
  • The Enterprise Portfolio Management Office (EPMO) team is led by Vice President of Enterprise Portfolio Management Gabe Rinaldi.
  • Kelly O’Donnell, to Director of Enterprise Portfolio Management.
  • Darrin joined Cenlar in 2021 as the Manager of Enterprise Portfolio Management.

Capital Bank Appoints Jacob Dalaya as Chief Strategy Officer

Retrieved on: 
Friday, October 27, 2023
CSO, Economics, National Association of Affordable Housing Lenders, Federal Reserve Bank, Equal housing lender, EMT, Capital Bank, J.P. Morgan & Co., James Cook (American banker), Keefe, Webster, Webster Bank, Keefe, Bruyette & Woods, Capital Bank Financial, Bank, Management, Security (finance), New York University

ROCKVILLE, Md., Oct. 27, 2023 (GLOBE NEWSWIRE) -- Capital Bank, acknowledged in American Banker's top performing banks for 2023, is pleased to announce the appointment of Mr. Jacob “Jake” Dalaya as its new Chief Strategy Officer (CSO).

Key Points: 
  • ROCKVILLE, Md., Oct. 27, 2023 (GLOBE NEWSWIRE) -- Capital Bank, acknowledged in American Banker's top performing banks for 2023, is pleased to announce the appointment of Mr. Jacob “Jake” Dalaya as its new Chief Strategy Officer (CSO).
  • With substantial expertise in financial services, particularly in bank M&A and capital markets, Mr. Dalaya is well positioned to advance the bank's strategic growth and expansion.
  • Mr. Dalaya will also leverage his experience in bank M&A and capital markets to spearhead the bank's M&A and investor relations strategies.
  • "Capital Bank has built out a distinctive challenger bank business model, and I look forward to working with the executive management team as we continue to successfully implement this compelling strategy," stated Mr. Dalaya.

Expeto 5G Powers The Webster’s Interactive Luxury Retail Experiences Across North America

Retrieved on: 
Wednesday, June 14, 2023
Webster, OT, Maintenance, Wi-Fi, Headache, Retail, Sundance, RFID, Privacy, QOS, NBA, Sundance Film Festival, SD, Online shopping, Video game, Mobile phone

Expeto’s IT-centric approach ensures seamless and reliable 5G connectivity barriers to promote adoption of cutting edge “smart” retail tech spanning digital stylists, augmented reality, real-time foot traffic analysis, enhanced security, and improved logistics.

Key Points: 
  • Expeto’s IT-centric approach ensures seamless and reliable 5G connectivity barriers to promote adoption of cutting edge “smart” retail tech spanning digital stylists, augmented reality, real-time foot traffic analysis, enhanced security, and improved logistics.
  • “As we expand operations and eye next-gen retail tech, it is clear that we can’t be successful without ubiquitous connectivity and streamlined network control.
  • “The Webster can now tailor new shopping experiences to customers in support of its brand promise and future vision aspirations.
  • Expeto makes it simple for enterprises to seamlessly extend private networks via any type of cellular connectivity with single-SIM mobility between public and private instances of the network.

Opera Theatre of Saint Louis Announces 2024 Festival Season Repertory

Retrieved on: 
Tuesday, June 6, 2023
The Barber of Seville, OTSL, Webster, Heart, Music, Partnership, Religion, Center Stage, St. Louis Symphony Orchestra, Politics, Laughter, Season, Galileo Galilei, Aria, Opera Theatre of Saint Louis, Love, Grammy Awards, Memory, Entertainment

Saint Louis, MO, June 06, 2023 (GLOBE NEWSWIRE) -- Opera Theatre of Saint Louis (OTSL) announced a thrilling lineup for its 2024 Festival Season, opening with two of the most beloved operas in the repertory: Rossini’s delightful comedy, The Barber of Seville, and Puccini’s timeless romance, La bohème.

Key Points: 
  • Saint Louis, MO, June 06, 2023 (GLOBE NEWSWIRE) -- Opera Theatre of Saint Louis (OTSL) announced a thrilling lineup for its 2024 Festival Season, opening with two of the most beloved operas in the repertory: Rossini’s delightful comedy, The Barber of Seville, and Puccini’s timeless romance, La bohème.
  • Opera Theatre will host a variety of events in the preceding months that will explore the themes of the season and offer a chance for community gathering and dialogue.
  • Their hard work, talent, and dedication are nothing short of inspiring.”
    OTSL’s 2024 Festival Season will run from May 25 – June 30, 2024 at Webster University’s Loretto-Hilton Center.
  • Every opera will be accompanied by members of the Grammy Award-winning St. Louis Symphony Orchestra in the 47th year of this landmark partnership between two leading St. Louis arts institutions.

Lawsuit Filed Against Webster Co. Deputy Jailer

Retrieved on: 
Thursday, June 8, 2023
Webster, Mobile, Complaint, Webster County Jails, Voyeurism, History, Female, Kentucky State Police, Private investigator

WEBSTER COUNTY, Ky., June 8, 2023 /PRNewswire/ -- On March 10, Attorney James Stoltz of Gerling Law Injury Attorneys filed a lawsuit on behalf of a female inmate who claimed to have been sexually abused at the Webster County Jail. The lawsuit comes after the Webster County Detention Center failed to supervise officers with a history of sexual abuse.

Key Points: 
  • WEBSTER COUNTY, Ky., June 8, 2023 /PRNewswire/ -- On March 10, Attorney James Stoltz of Gerling Law Injury Attorneys filed a lawsuit on behalf of a female inmate who claimed to have been sexually abused at the Webster County Jail.
  • The lawsuit comes after the Webster County Detention Center failed to supervise officers with a history of sexual abuse.
  • The victim, referred to anonymously as Jane Doe in the lawsuit, filed a complaint against Deputy Prison Officer Aaron Drewicz, Jailer Greg Saul, and Webster County.
  • According to the lawsuit filed against the Webster Co. Deputy Jailer, Jane Doe accuses Drewicz of offering extra food in exchange for sexual favors, as well as forcing the inmate to record an explicit video of herself in the bathroom with a cell phone he provided.