Ironhorse | Jotup

Ironhorse Funding LLC Chooses Asurity's RiskExec® SaaS-Platform for Fair Lending Compliance

Retrieved on:

Thursday, March 9, 2023

Software as a service, Geocode, Rest, Ironhorse, RV

WASHINGTON, March 9, 2023 /PRNewswire/ -- Today, RiskExec®, a subsidiary of Asurity Technologies, LLC ("Asurity"), announced its fair lending analytics SaaS-based platform has been selected by Ironhorse Funding LLC ("Ironhorse").

Key Points:

WASHINGTON, March 9, 2023 /PRNewswire/ -- Today, RiskExec®, a subsidiary of Asurity Technologies, LLC ("Asurity"), announced its fair lending analytics SaaS-based platform has been selected by Ironhorse Funding LLC ("Ironhorse").
Ironhorse will utilize the RiskExec platform to assist in achieving fairness throughout the consumer lending process.
RiskExec is a SaaS platform that helps lenders of all types — banks, mortgage companies, credit unions, auto finance companies, credit card issuers, and digital lenders — achieve fair lending compliance.
RiskExec's Fair Lending solution has been adopted by a variety of auto and consumer lenders looking to increase efficiency across very broad loan portfolios, making it the industry-leading SaaS solution for Fair Lending Compliance.

Ultimus Successfully Converts Mutual Fund to ETF with IronHorse Capital

Retrieved on:

Tuesday, October 4, 2022

CINCINNATI, Oct. 04, 2022 (GLOBE NEWSWIRE) -- Ultimus Fund Solutions (Ultimus), a leading independent provider of full-service technology-enhanced fund administration, accounting, and investor solutions, is announcing its significant contribution to a recent successful conversion of the Conductor mutual fund to an exchange-traded fund (ETF).

Key Points:

CINCINNATI, Oct. 04, 2022 (GLOBE NEWSWIRE) -- Ultimus Fund Solutions (Ultimus), a leading independent provider of full-service technology-enhanced fund administration, accounting, and investor solutions, is announcing its significant contribution to a recent successful conversion of the Conductor mutual fund to an exchange-traded fund (ETF).
Converting to an ETF allows IronHorse to expand its distribution network, help enhance tax efficiency, and broaden its portfolios' appeal to potential investors.
Kevin Wolf , EVP, Head of Fund Administration and Product at Ultimus notes that whether a client wants to add to a product lineup, launch a fund, or complete a mutual fund to ETF conversion, Ultimus is well equipped to help with the journey.
Kerr Tigrett with IronHorse Capital states that Ultimus played an integral role in providing the roadmap for this successful conversion.

Dorel Announces Agreement for Sale of its Remaining China Manufacturing Facility

Retrieved on:

Monday, December 13, 2021

Forward-looking statement, GT, Quinnis, Dorel Industries, Safety, CEO, Ironhorse, COSCO, Schwinn Bicycle Company, Helene Curtis Industries, Inc., Juvenile, Angelo Infanti, Mongoose, Legislation, GLOBE, TSX, Caloi, Sale, Cannondale Bicycle Corporation

This sale follows the March 2021 disposition by Dorel of its Zhongshan based manufacturing facility and is part of the overall strategic direction of Dorel Juvenile that includes the co-development of innovative new products with a diverse supplier base.

Key Points:

This sale follows the March 2021 disposition by Dorel of its Zhongshan based manufacturing facility and is part of the overall strategic direction of Dorel Juvenile that includes the co-development of innovative new products with a diverse supplier base.
As a result of the sale, Dorel expects to incur a non-cash loss of approximately US$13.5 million in the current fiscal year.
More particularly and without limitation, this press release contains forward-looking statements and information regarding the completion of the sale of Dorels juvenile products manufacturing facility in Huangshi, China (the Sale).
Consequently, Dorel cautions readers not to place undue reliance on the forward-looking statements and information contained in this press release.

Dorel Home Closes Notio Living Acquisition

Retrieved on:

Tuesday, November 30, 2021

Schwinn Bicycle Company, Dorel Industries, Acquisition, Angelo Infanti, TSX, COSCO, Safety, GLOBE, Mongoose, United Kingdom, GT, Ironhorse, Growth, Quinni-Con, Risk management

MONTREAL, Nov. 30, 2021 (GLOBE NEWSWIRE) -- Dorel Industries Inc. (TSX: DII.B, DII.A) today announced it has completed its previously-announced acquisition of Notio Living. Dorel Home, a segment of Dorel Industries, is buying the Danish-based company for approximately US$19.0 million. Notio Living markets thousands of products sourced from around the world, has been in the home furnishings business for 25 years and operates throughout Europe with a strong presence in the ecommerce market.

Key Points:

MONTREAL, Nov. 30, 2021 (GLOBE NEWSWIRE) -- Dorel Industries Inc. (TSX: DII.B, DII.A) today announced it has completed its previously-announced acquisition of Notio Living.
Certain statements included in this press release may constitute forward-looking statements within the meaning of applicable Canadian securities laws, including, without limitation, statements regarding Dorel Homes growth strategy following the acquisition of Notio Living.
Such forward-looking statements are subject to important risks and uncertainties including, without limitation, the integration of Notio Living by Dorel Home.
Accordingly, there can be no assurance as to the benefits that Dorel Industries will derive from the acquisition of Notio Living.

Dorel Announces Judgment of Luxembourg Administrative Court

Retrieved on:

Friday, October 29, 2021

Judgement, Court, Schwinn Bicycle Company, Quinnis, Ironhorse, Legislation, Mongoose, TSX, Forward-looking statement, CEO, Safety, COSCO, Angelo Infanti, Love, GLOBE, GT, Security (finance)

As a result of the judgment of the Luxembourg Administrative Court, Dorel must pay a one-time remaining cash balance of 38.6million (euros) (US$45.4 million) to the Luxembourg tax authorities.

Key Points:

As a result of the judgment of the Luxembourg Administrative Court, Dorel must pay a one-time remaining cash balance of 38.6million (euros) (US$45.4 million) to the Luxembourg tax authorities.
Dorel expects that the judgment will have an effect of US$1.90 on earnings per share in its financial statements for the third quarter ended September30, 2021.
As this is a final decision of the Court, we will abide by its decision, stated Martin Schwartz, Dorel President & CEO.
As a result, Dorel cannot guarantee that any forward-looking statement will materialize, or if any of them do, what benefits Dorel will derive from them.

Dorel Home Continues to Grow with Strategic Capital Investments in North American Factories and Announces Key European Acquisition

Retrieved on:

Monday, October 18, 2021

One of the key benefits of the production investment will be our ability to better serve our e-commerce partners with on-trend products made in North America.

Key Points:

One of the key benefits of the production investment will be our ability to better serve our e-commerce partners with on-trend products made in North America.
The new machinery at the DHP facility in Montreal will permit the expansion into coiled spring mattresses, previously imported from Asia.
The Notio Living acquisition provides a tremendous advantage for further European expansion due to its strong distribution network.
Consequently, Dorel cautions readers not to place undue reliance on the forward-looking statements and information contained in this press release.

Dorel Signs Definitive Agreement to Sell Sports Segment to Pon Holdings for USD $810 Million

Retrieved on:

Monday, October 11, 2021

While making the decision to sell Dorel Sports has been difficult, we are confident that this transaction represents full value for Dorel shareholders, Mr.Schwartz added.

Key Points:

While making the decision to sell Dorel Sports has been difficult, we are confident that this transaction represents full value for Dorel shareholders, Mr.Schwartz added.
The definitive sale agreement with Pon Holdings follows a strategic review and a competitive sales process.
The agreement to sell Dorel Sports marks an exciting new chapter for Dorel.
The completion of the proposed sale of Dorel Sports to Pon Holdings is subject to certain conditions, termination rights and other risks and uncertainties.

CosmoLiving by Cosmopolitan, and Manufacturer Partner Dorel Home, Celebrate Back-to-School by Pledging $10,000 to Help Offset Student Loans

Retrieved on:

Thursday, September 9, 2021

This collaboration, called "Furnish the Future", will run from September 7-30, and will help offset student loan debt for deserving female members who are pursuing programs in marketing, media, and tech.

Key Points:

This collaboration, called "Furnish the Future", will run from September 7-30, and will help offset student loan debt for deserving female members who are pursuing programs in marketing, media, and tech.
"That is why we're so proud to partner with She Runs It, an organization dedicated to mentoring the next generation of women leaders.
By helping relieve a portion of their student loan debt, we hope to contribute to the bright and successful future we know these women are destined for."
Whether for studying, snoozing or self-care, CosmoLiving by Cosmopolitan is the premier source for Insta-worthy home furnishings and accessories.