PNC

Finacity, a White Oak Company, and PNC Bank Facilitate a 3-Year USD 26.6 Million Receivables Securitization for a Global IT Services Company

Thursday, October 21, 2021 - 1:30pm

The securitization program will allow the company up to USD 25 million in senior funding provided by PNC Bank to further enhance the companys liquidity position.

Key Points: 
  • The securitization program will allow the company up to USD 25 million in senior funding provided by PNC Bank to further enhance the companys liquidity position.
  • The 3-year facility is collateralized by receivables originated in the United States.
  • Furthermore, the securitization program achieved accounting derecognition per IFRS as a result of Finacity providing up to an additional USD 1.6 million in junior funding, as well as serving as control party of the securitizations impaired receivables.
  • Finacity provided analytic and structuring support, as well as serving as the ongoing transaction administrator, junior investor, and control party.

AUTOCRYPT Named "Automotive Cybersecurity Company of the Year" for Second Year in a Row in 2021 AutoTech Breakthrough Awards

Wednesday, October 20, 2021 - 5:00pm

SAN FRANCISCO, Oct. 20, 2021 /PRNewswire/ -- Leading EV and autonomous vehicle cybersecurity provider AUTOCRYPT, announced today that for the second year running, it has been named "Automotive Cybersecurity Company of the Year" in the 2021 AutoTech Breakthrough Awards, making it the only company to have won this title to date.

Key Points: 
  • SAN FRANCISCO, Oct. 20, 2021 /PRNewswire/ -- Leading EV and autonomous vehicle cybersecurity provider AUTOCRYPT, announced today that for the second year running, it has been named "Automotive Cybersecurity Company of the Year" in the 2021 AutoTech Breakthrough Awards, making it the only company to have won this title to date.
  • AUTOCRYPT is the only automotive cybersecurity provider in the world that offers a complete security package for the entire mobility ecosystem.
  • "Congratulations to AUTOCRYPT, once again this year, for being our choice for 'Automotive Cybersecurity Company of the Year.'"
  • Throughsecurity solutions for V2X, V2G (includingPnCsecurity), in-vehicle security, andfleet management systems, AUTOCRYPT ensures that security is prioritizedand optimizedbefore vehicles hit the road.

AUTOCRYPT Named "Automotive Cybersecurity Company of the Year" for Second Year in a Row in 2021 AutoTech Breakthrough Awards

Wednesday, October 20, 2021 - 5:00pm

SAN FRANCISCO, Oct. 20, 2021 /PRNewswire/ -- Leading EV and autonomous vehicle cybersecurity provider AUTOCRYPT, announced today that for the second year running, it has been named "Automotive Cybersecurity Company of the Year" in the 2021 AutoTech Breakthrough Awards, making it the only company to have won this title to date.

Key Points: 
  • SAN FRANCISCO, Oct. 20, 2021 /PRNewswire/ -- Leading EV and autonomous vehicle cybersecurity provider AUTOCRYPT, announced today that for the second year running, it has been named "Automotive Cybersecurity Company of the Year" in the 2021 AutoTech Breakthrough Awards, making it the only company to have won this title to date.
  • AUTOCRYPT is the only automotive cybersecurity provider in the world that offers a complete security package for the entire mobility ecosystem.
  • "Congratulations to AUTOCRYPT, once again this year, for being our choice for 'Automotive Cybersecurity Company of the Year.'"
  • Throughsecurity solutions for V2X, V2G (includingPnCsecurity), in-vehicle security, andfleet management systems, AUTOCRYPT ensures that security is prioritizedand optimizedbefore vehicles hit the road.

Harris Williams Advises BluSky Restoration Contractors, LLC on its Sale to Partners Group and Kohlberg & Company, LLC

Wednesday, October 20, 2021 - 2:06pm

Partners Group and Kohlberg will be equal equity partners in BluSky following the transaction.

Key Points: 
  • Partners Group and Kohlberg will be equal equity partners in BluSky following the transaction.
  • The transaction was led by Bob Baltimore , Brian Lucas , Taylor Morris , Pete Morgan and Bill Greven of the Harris Williams Business Services Group .
  • There is no doubt that BluSky will continue its track record of success with the help of its outstanding new partners, Kohlberg and Partners Group, said Bob Baltimore, a managing director at Harris Williams.
  • Harris Williams is a trade name under which Harris Williams LLC, Harris Williams & Co. Ltd and Harris Williams & Co. Corporate Finance Advisors GmbH conduct business.

PNC Foundation Announces $16.8 Million Grant To Support And Develop Black-Owned Businesses Through New Howard University Center for Entrepreneurship

Wednesday, October 20, 2021 - 2:35pm

PITTSBURGH, Oct. 20, 2021 /PRNewswire/ -- The PNC Foundation today announced a five-year, $16.8 million grant to create The Howard University and PNC National Center for Entrepreneurship aimed at building resources and support for Black business owners across the country.

Key Points: 
  • PITTSBURGH, Oct. 20, 2021 /PRNewswire/ -- The PNC Foundation today announced a five-year, $16.8 million grant to create The Howard University and PNC National Center for Entrepreneurship aimed at building resources and support for Black business owners across the country.
  • The center will support expanded opportunities for Black entrepreneurship with enhanced educational, leadership and capacity-building resources and programs nationwide.
  • The PNC Foundation is providing the five-year, $16.8 million grant to Howard University to create a center for entrepreneurship education and research with the goal to serve the nation's network of 101 historically Black colleges and universities' (HBCU) and their communities.
  • The five-year grant to create a nationally recognized Howard University and PNC National Center for Entrepreneurship is a major part of this pledge," saidRichard Bynum, chief corporate responsibility officer for PNC.

US FINANCIAL 15 SPLIT CORP. Preferred Dividend Declared

Wednesday, October 20, 2021 - 2:00pm

TORONTO, Oct. 20, 2021 (GLOBE NEWSWIRE) -- US Financial 15 Split Corp ("US Financial 15") declares its monthly distribution of $0.06783 for each Preferred share, or 10.00% annually based on the previous month end net asset value.

Key Points: 
  • TORONTO, Oct. 20, 2021 (GLOBE NEWSWIRE) -- US Financial 15 Split Corp ("US Financial 15") declares its monthly distribution of $0.06783 for each Preferred share, or 10.00% annually based on the previous month end net asset value.
  • Distributions are payable November 10, 2021 to shareholders on record as at October 29, 2021.
  • US Financial 15 invests in a portfolio consisting of 15 U.S. financial services companies as follows: American Express, Bank of America, Bank of New York Mellon Corp., Citigroup, CME Group Inc., Fifth Third Bancorp, The Goldman Sachs Group, J.P. Morgan Chase & Co., Morgan Stanley, PNC Financial Services Group Inc., Regions Financial Corp., State Street Corp., SunTrust Banks, U.S. Bancorp, and Wells Fargo.

Wolters Kluwer ELM Solutions Shares Market-Leading Legal Expertise at ELM Amplify 2021

Wednesday, October 20, 2021 - 2:00pm

Wolters Kluwer ELM Solutions will host its virtual premier user conference, ELM Amplify 2021 , between October 26th and 28th, bringing together industry leaders, business executives, thought leaders and solution experts in a travel-free, interactive digital event.

Key Points: 
  • Wolters Kluwer ELM Solutions will host its virtual premier user conference, ELM Amplify 2021 , between October 26th and 28th, bringing together industry leaders, business executives, thought leaders and solution experts in a travel-free, interactive digital event.
  • ELM Solutions is the market-leading global provider of enterprise legal spend and matter management, contract lifecycle management and legal analytics solutions.
  • Wolters Kluwer ELM Solutions was named a leader in both the IDC MarketScape: Worldwide Enterprise Legal Spend Management 2020 Vendor Assessment and IDC MarketScape: Worldwide Enterprise Matter Management 2020 Vendor Assessment.
  • ELM Solutions LegalVIEW portfolio of legal analytics solutions is based upon the industrys largest and most comprehensive legal spend database, with more than $140 billion in invoices.

AUTOCRYPT Named "Automotive Cybersecurity Company of the Year" for Second Year in a Row in 2021 AutoTech Breakthrough Awards

Wednesday, October 20, 2021 - 5:00am

SAN FRANCISCO, Oct. 20, 2021 /PRNewswire/ -- Leading EV and autonomous vehicle cybersecurity provider AUTOCRYPT, announced today that for the second year running, it has been named "Automotive Cybersecurity Company of the Year" in the 2021 AutoTech Breakthrough Awards, making it the only company to have won this title to date.

Key Points: 
  • SAN FRANCISCO, Oct. 20, 2021 /PRNewswire/ -- Leading EV and autonomous vehicle cybersecurity provider AUTOCRYPT, announced today that for the second year running, it has been named "Automotive Cybersecurity Company of the Year" in the 2021 AutoTech Breakthrough Awards, making it the only company to have won this title to date.
  • AUTOCRYPT is the only automotive cybersecurity provider in the world that offers a complete security package for the entire mobility ecosystem.
  • "Congratulations to AUTOCRYPT, once again this year, for being our choice for 'Automotive Cybersecurity Company of the Year.'"
  • Throughsecurity solutions for V2X, V2G (includingPnCsecurity), in-vehicle security, andfleet management systems, AUTOCRYPT ensures that security is prioritizedand optimizedbefore vehicles hit the road.

AUTOCRYPT Named "Automotive Cybersecurity Company of the Year" for Second Year in a Row in 2021 AutoTech Breakthrough Awards

Wednesday, October 20, 2021 - 5:00am

SAN FRANCISCO, Oct. 20, 2021 /PRNewswire/ -- Leading EV and autonomous vehicle cybersecurity provider AUTOCRYPT, announced today that for the second year running, it has been named "Automotive Cybersecurity Company of the Year" in the 2021 AutoTech Breakthrough Awards, making it the only company to have won this title to date.

Key Points: 
  • SAN FRANCISCO, Oct. 20, 2021 /PRNewswire/ -- Leading EV and autonomous vehicle cybersecurity provider AUTOCRYPT, announced today that for the second year running, it has been named "Automotive Cybersecurity Company of the Year" in the 2021 AutoTech Breakthrough Awards, making it the only company to have won this title to date.
  • AUTOCRYPT is the only automotive cybersecurity provider in the world that offers a complete security package for the entire mobility ecosystem.
  • "Congratulations to AUTOCRYPT, once again this year, for being our choice for 'Automotive Cybersecurity Company of the Year.'"
  • Throughsecurity solutions for V2X, V2G (includingPnCsecurity), in-vehicle security, andfleet management systems, AUTOCRYPT ensures that security is prioritizedand optimizedbefore vehicles hit the road.

Atlanta Track Club Partners With Wahoo Fitness

Tuesday, October 19, 2021 - 8:38pm

Atlanta Track Club announced Wahoo Fitness as the official wearable partner of the Invesco QQQ Thanksgiving Day Half Marathon events and Publix Atlanta Marathon weekend.

Key Points: 
  • Atlanta Track Club announced Wahoo Fitness as the official wearable partner of the Invesco QQQ Thanksgiving Day Half Marathon events and Publix Atlanta Marathon weekend.
  • "Like Atlanta Track Club, Wahoo Fitness is proudly based right here in Running City USA," said Rich Kenah, Atlanta Track Club's Executive Director.
  • Founded in 2009 by Chip Hawkins, a member of Atlanta Track Club's Masters Team, Wahoo provides walkers, runners and cyclists with a better way to track, measure and share their training data.
  • Atlanta Track Club is a nonprofit committed to creating an active and healthy Atlanta.