Remove 2006 Remove Capital Remove Management Remove Operations
article thumbnail

Bill.com Sets IPO Price Slightly Higher Than Expected

PYMNTS

The firm’s market capitalization is at $1.56 Since launching in 2006 in Palo Alto, Bill.com has been providing SMBs with automated back-office payment operations, such as payroll and bill payment. The price is slightly higher than the expected amount of $19 to $21, which it had originally marketed. Its net loss only went up 1.7

New York 131
article thumbnail

Slimmed-Down Albertsons IPO Raises $800M

PYMNTS

Albertsons’ IPO is the culmination of a saga that began in 2006 when private equity firm Cerberus Capital Management took a major position, with plans to grow the chain into one of North America’s gargantuan power grocers. billion fundraise once anticipated. Shares rose some 1 percent to $16.18 shortly before noon ET.

Idaho 224
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

PSCU Names Kevin Spear New SVP, Service Delivery

PYMNTS

This is Spear’s second round at PSCU, as he was previously in charge of Client Relations and Services at the company from 2006 to 2012. This time around, he will be responsible for driving the strategic direction, continuous improvement and operational effectiveness of PSCU’s Service Delivery team. billion transactions annually. “His

Industry 130
article thumbnail

Addressing The Symptoms Of Pharmacies’ Cash Flow Ailments

PYMNTS

Dr. Jonathan Mordis, PharmD, CPh, VP of business development at Corporate Capital Direct unit Rx Fund Assist , pointed to one of the root causes of cash flow pain for independent pharmacy owners. Mordis pointed to CVS’s acquisition of pharmacy benefits manager Caremark in 2006, while just last month CVS received approval from the U.S.

Capital 130
article thumbnail

Shoe Company Rockport Likely Will Be Sold To A Private Equity Firm

PYMNTS

Charlesbank Capital Partners LLC , a private equity firm, reportedly emerged as the only bidder in a planned bankruptcy auction for Rockport. Adidas had bought Rockport in 2006 but then sold the company in 2015 to Berkshire Partners and New Balance. The Rockport Group, the ailing comfort shoe company, could soon have a new owner.

Company 100
article thumbnail

Participation in Investor Communications Japan’s Proxy Platform Surpasses 1,700 Listed Companies

Bobsguide

As of June 2022, over 1,600 companies listed on the Prime Market of the TSE participate in the Platform, representing 87% of the companies in that market or 98% by market capitalization. After almost 18 years, the Platform has become a key part of the infrastructure of Japan’s capital markets. ” Digitizing and Streamlining.

Company 68
article thumbnail

What if it’s a perfect storm? Stronger evidence that insurers should account for co-occurring weather hazards

BankUnderground

By better modelling how this relationship might raise insurers’ capital risk we can more firmly argue that insurers’ model assumptions should account for key dependencies between perils. In panel (a) the historically observed losses (2006–18) on Great Britain’s rail network are used as a sense-check on the climate projection results.

Capital 84