BLACK DRAGON CAPITAL


Associated tags: BDC, Black Dragon

Locations: US, GRASS VALLEY, NEVADA, CALIFORNIA, FLORIDA

Black Dragon Capital℠ to Extend Fintech and Media Leadership at NAB and TRANSACT 2024

Retrieved on: 
Wednesday, April 10, 2024

BOCA RATON, Fla., April 10, 2024 /PRNewswire/ -- Black Dragon Capital℠, a global, multi-phased investment firm focused on advanced technologies in high growth segments that strengthen economic stability within communities, has announced its attendance to the NAB and TRANSACT events happening in April in Las Vegas.

Key Points: 
  • The firm's unique deep domain expertise will be used to accentuate the power of existing media and eCommerce investments, while exploring potential additional investments.
  • Black Dragon Capital℠ has a long history of creating and investing in market leading digital commerce and media companies.
  • Black Dragon Capital℠ will continue working to help companies have a notable and positive impact on the community.
  • "I am excited to have the Black Dragon Team supporting our efforts at the largest industry trade show of the year.

Black Dragon Capital℠ Portfolio Company Grass Valley Completes $220 Million Strategic Recapitalization

Retrieved on: 
Thursday, March 21, 2024

BOCA RATON, Fla., March 21, 2024 /PRNewswire/ -- Black Dragon Capital's portfolio company, Grass Valley, recently announced the successful completion of a $220 million strategic refinancing led by investment funds managed by Morgan Stanley Private Credit. The strategic recapitalization will both strengthen the company's balance sheet and refinance existing debt, while further positioning Grass Valley to lead the reimagination of the future workflow for media through its Grass Valley Media Universe (GVMU) suite of solutions.

Key Points: 
  • Milestone Recapitalization Positions Black Dragon Capital℠ to Deliver Value, Allowing Grass Valley to Extend Market Leadership and Accelerate Growth.
  • BOCA RATON, Fla., March 21, 2024 /PRNewswire/ -- Black Dragon Capital's portfolio company, Grass Valley, recently announced the successful completion of a $220 million strategic refinancing led by investment funds managed by Morgan Stanley Private Credit.
  • The strategic recapitalization will both strengthen the company's balance sheet and refinance existing debt, while further positioning Grass Valley to lead the reimagination of the future workflow for media through its Grass Valley Media Universe (GVMU) suite of solutions.
  • Since 2020, Grass Valley has been under the multi-phased investment firm Black Dragon's leadership.

Black Dragon Capital℠ to attend CUNA GAC 2024 with team of renowned FinTech leaders

Retrieved on: 
Friday, March 1, 2024

BOCA RATON, Fla., March 1, 2024 /PRNewswire/ -- Black Dragon Capital℠, a global, multi-phased investment firm focused on advanced technologies in high growth segments that strengthen economic stability within communities, has announced its attendance to the annual CUNA GAC happening at Washington DC.

Key Points: 
  • Black Dragon Capital℠ has a long history of creating and investing in market leading FinTech companies.
  • This year, the firm continues its support for the credit union community by participating in the CUNA GAC 2024.
  • Black Dragon Capital℠ will be joining in the following events from March 3rd to 5th:
    CUNA GAC Panel: Building Innovation Capacity and Entrepreneurial Capabilities (March 5, 9-9:50a.m.)
  • Founder of Black Dragon Capital, and Managing Partner of the Fintech Fund.

Digital Joy proudly supports LIVE Braid - a global movement of unity and hope

Retrieved on: 
Monday, November 27, 2023

BOCA RATON, Fla., Nov. 27, 2023 /PRNewswire/ -- Groundbreaking cloud-native technology production company Digital Joy is empowering LIVE Braid, a collective Challah braiding digital event celebrating our shared humanity. It will take place on Nov. 30, 2023, 9 A.M. PST at livebraid.com.

Key Points: 
  • BOCA RATON, Fla., Nov. 27, 2023 /PRNewswire/ -- Groundbreaking cloud-native technology production company Digital Joy is empowering LIVE Braid, a collective Challah braiding digital event celebrating our shared humanity.
  • LIVE Braid is a global movement of unity and hope that celebrates our shared humanity through collective Challah braiding.
  • LIVE Braid, the virtual global Challah braid represents Truth, Peace and Justice interwoven by its three braids," shares Candice Sussman, creator of LIVE Braid.
  • LIVE Braid is powered by Digital Joy and uses leading cloud-based media technology to bridge the gap created by distance and ensure that participants can partake together.

SchoolsFirst Federal Credit Union Becomes Anchor Investor in Next Generation Banking Platform by Black Dragon Capital℠

Retrieved on: 
Tuesday, October 31, 2023

BOCA RATON, Fla., Oct. 31, 2023 /PRNewswire/ -- SchoolsFirst Federal Credit Union has become the anchor investor for Open Banking Solutions, a cloud-based, digital banking suite recently launched by Louis Hernandez, Jr.'s Black Dragon Capital℠ and supported by Advisor Rashid Desai, the former CTO of Open Solutions and its DNA core processing suite.

Key Points: 
  • SchoolsFirst Federal Credit Union is the largest credit union in California, and the fifth largest in the nation with more than one million Members and more than $25 billion in assets.
  • SchoolsFirst CEO, Bill Cheney and the team at SchoolsFirst, have a long-standing relationship with the Chair and CEO of Black Dragon and their advisors.
  • I am very excited to bring my experience and connect with the teams of Black Dragon Capital℠, Open Banking Solutions, and SchoolsFirst Federal Credit Union to create advanced technology solutions that work.
  • In 2022, the Credit Union reported nearly $28 billion in assets and remains the largest credit union in California.

Black Dragon Capital℠ expands One Dragon Services™ team to focus on needs of the Credit Union Movement

Retrieved on: 
Tuesday, October 24, 2023

BOCA RATON, Fla., Oct. 24, 2023 /PRNewswire/ -- Black Dragon Capital℠, a multi-phased investment firm focused on advanced technologies in high growth segments that strengthen economic stability within communities, has expanded their subsidiary One Dragon Services™ team to focus on addressing the needs of the Credit Union Movement.

Key Points: 
  • It provides Black Dragon Capital℠ with the unique capability to grow their portfolio companies or form new companies when warranted by the investment environment.
  • All these efforts are a clear indication of Black Dragon's dedication to making a significant investment in building FinTechs that service the unique needs of the credit union market.
  • The expansion of the One Dragon Services™ group is designed to accentuate our focus on the credit union space, said Benson Porter, Chair of the BDC FinTech Fund.
  • "I'm excited about being able to directly support the credit union and technology that we invest in to make them better."

Black Dragon Capital℠ partners with CU 2.0 on the intersection Credit Unions and Technology

Retrieved on: 
Monday, October 23, 2023

BOCA RATON, Fla., Oct. 23, 2023 /PRNewswire/ -- Black Dragon Capital℠ ("BDC," "Black Dragon"), a multi-phased investment firm focused on advanced technologies in high growth segments that strengthen economic stability within communities, has announced its new strategic partnership with recognized credit union strategic advisory firm CU 2.0 aimed at empowering Credit Unions as they navigate digital transformation.

Key Points: 
  • Committed to growing credit unions, CU 2.0 thrives at the intersection of technology, strategy, and success.
  • CU 2.0 partners with FinTechs, enhancing their fit with credit unions, and offers credit unions the tools and opportunities they need to excel.
  • "Our collaboration with Black Dragon Capital isn't just about investments; it's about transforming the credit union landscape with pioneering technology.
  • "CU 2.0 have established themselves as credible thought leaders on the digital transition for credit unions and the technology they'll need to succeed.

Black Dragon Capital℠ to host several events at Money 20/20 and the California and Nevada Credit Union Leagues in Las Vegas

Retrieved on: 
Monday, October 16, 2023

BOCA RATON, Fla., Oct. 16, 2023 /PRNewswire/ -- Black Dragon Capital℠ ("BDC," "Black Dragon"), a multi-phased investment firm focused on advanced technologies in high growth segments that strengthen economic stability within communities, will be hosting several events at Money 20/20 and the California and Nevada Credit Union Leagues happening this October in Las Vegas.

Key Points: 
  • BOCA RATON, Fla., Oct. 16, 2023 /PRNewswire/ -- Black Dragon Capital℠ ("BDC," "Black Dragon"), a multi-phased investment firm focused on advanced technologies in high growth segments that strengthen economic stability within communities, will be hosting several events at Money 20/20 and the California and Nevada Credit Union Leagues happening this October in Las Vegas.
  • The team's desire to keep their finger on the pulse of the community better has culminated in Black Dragon Capital℠ hosting several events as part of Money 20/20, happening October 22-25, 2023, and the California and Nevada Credit Union Leagues, happening October 22-26, 2023, in Las Vegas.
  • Prominent attendees of these events include Kirk Kordeleski and Benson Porter – credit union industry veterans who both recently joined Black Dragon Capital℠ as advisors.
  • "We look forward to meeting the leaders in our industry and the future entrepreneurs who will share the Financial Technology landscape."

Black Dragon Capital adds award-winning credit union veteran Kirk Kordeleski, former CEO of Bethpage FCU, as Industry Advisor

Retrieved on: 
Thursday, October 5, 2023

BOCA RATON, Fla., Oct. 5, 2023 /PRNewswire/ -- Black Dragon Capital℠, a multi-phased investment firm focused on advanced technologies in high growth segments that strengthen economic stability within communities, today welcomes Kirk Kordeleski as its newest Industry Advisor.

Key Points: 
  • As CEO of Bethpage Federal Credit Union (BFCU), Mr. Kordeleski grew the organization to one of the largest credit unions in the U.S., doubling assets every five years.
  • His addition as an executive advisor of Black Dragon Capital℠ demonstrates the firms continued commitment to intense operational expertise.
  • Black Dragon Capital℠ (BDC, Black Dragon) is a multi-phased investment firm focused on advanced technologies in high growth segments that strengthen economic stability within communities.
  • I am honored to work with him and the rest of the Team at Black Dragon to bring technologies that will enhance the important role that credit unions play in communities across the country," said Kirk Kordeleski, Industry Advisor, Black Dragon Capital.

Black Dragon Capital℠ names Benson Porter, former CEO of BECU and First Tech Credit Union, as Chair of newly formed Fintech CUSO Fund

Retrieved on: 
Thursday, September 28, 2023

BOCA RATON, Fla., Sept. 28, 2023 /PRNewswire/ -- Black Dragon Capital℠, a multi-phased investment firm focused on advanced technologies in high growth segments that strengthen economic stability within communities, has announced the appointment of Benson Porter as Chair of their new Fintech CUSO Fund.

Key Points: 
  • He earlier joined Black Dragon Capital℠ as an Executive Advisor with a focus on FinTech investments that benefit credit unions and community based financial institutions.
  • Black Dragon Capital℠ (BDC) is a multi-phased investment firm focused on advanced technologies in high growth segments that strengthen economic stability within communities.
  • The new Fintech CUSO Fund is a multiphase Fund that targets early-stage and buy out financial technology companies where Black Dragon Capital℠ has operating and investment expertise.
  • We are going to do everything we can to help credit unions uniquely serve their communities," said Benson Porter, Chair, Black Dragon Capital℠ Fintech CUSO Fund.