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simPRO Taps Square To Power Field Service Payments

PYMNTS

Business management cloud solutions simPRO announced that it is partnering with Square to provide payment processing options to field service professionals, according to a press release. Founded in 2002, simPRO secured $31 million in growth capital in 2016 as part of an aggressive product innovation and expansion strategy.

Payments 100
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Equifax Names New Executive For USIS Unit

PYMNTS

“Paulino is a strong, experienced leader with deep knowledge of our company and the industry as well as a track record of successful leadership at Equifax, including being a former President of the USIS business,” Equifax Chief Executive Officer Mark Begor said in the announcement. USIS, with estimated revenue of $1.3

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Equifax Names Warburg Pincus Executive Its New CEO

PYMNTS

In a press release , Equifax said Begor will start on April 16 and is coming to Equifax from Warburg Pincus, where he was a managing director and focused on operational improvement across the portfolio of companies that fall in Warburg Pincus’ Industrial and Business Services unit.

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Here Are 35 Casualties Of The Retail Apocalypse And Why They Failed

CB Insights

Summary: Toys “R” Us was the third largest bankruptcy in the US (after KMart in 2002 and Federated Department Stores, now Macy’s, in 1990). Summary: Another victim to financial woes and a leveraged buyout (by Bain Capital in 2010), Gymboree filed for Chapter 11 protection in June 2017. Toys “R” Us.

Retail 78
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Fools Rush In: 37 Of The Worst Corporate M&A Flops

CB Insights

When mobile phone company Danger Inc was created in the heady days of 2000 with execs from Apple, Phillips, and WebTV, it looked like a leadership dream team. in losses, declare bankruptcy at Westinghouse, and eventually to sell the Westinghouse unit to Brookfield Asset Management. Date: April 15, 2008. Price: $500M. eBay and Skype.

Google 76
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24 Lessons From Warren Buffett’s Annual Letters To Shareholders

CB Insights

He mocks himself for making mistakes, and sings the praises of Berkshire’s army of CEO-managers. Management. Each manager, in other words, would receive a portion of the company’s profits less the amount that they spent, in terms of capital, to generate those profits — a reminder to all that capital was not without costs.

Omaha 78
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21 Lessons From Jeff Bezos’ Annual Letters To Shareholders

CB Insights

And nowhere is Bezos’ philosophy of business, technology, and leadership better articulated than in his annual shareholder letters, which he has written every year since the company’s IPO in 1997. 2002: Build your business on your fixed costs. 2002: Build your business on your fixed costs. Just execute.