Mortgage Blog
Activist investor again raises stake in Aratana
An activist investor raised its stake in Leawood-based animal health company Aratana Therapeutics Inc.
Engaged Capital LLC, a fund that focuses on small to medium-sized companies, boosted its stake in Aratana from 6.8 percent to 8.1 percent. According to an agreement the companies struck in May, the Newport Beach, Calif., activist hedge fund can't raise its stake above 9.9 percent during the next year.
As of Aug. 7, the fund had 3.24 million shares of Aratana's stock (Nasdaq: PETX). During the…
Denver private-label mortgage firm sells division to global company
The decision to sell grew out of the company’s long-term strategic plan to build the company’s services and technology businesses.
SA private equity firm provides $200M to midstream energy company
San Antonio-based private equity firm EnCap Flatrock Midstream is backing a recently created pipeline and storage terminal company with $200 million in venture capital, the firm announced Tuesday.
Candor Midstream LLC — formed in August 2017 to move and store natural gas, crude oil and waste water from drilling sites — plans to use the money from EnCap Flatrock to buy pipeline and storage terminal assets or to develop its own infrastructure.
Houston-based Candor's management team includes former…
Aloha Pacific Federal Credit Union acquires two new credit unions
The state’s third-largest credit union recently completed its acquisitions of Kekaha Federal Credit Union and OTS Employees Federal Credit Union.
San Mateo fintech Tipalti doubling its workforce — again
Tipalti, focused on cloud-based accounts payable services for mid-sized companies, moves into larger headquarters in San Mateo next week to accommodate its growing workforce.
Exclusive: PwC takes 200,000 square feet in San Francisco’s SoMa
Earlier this year, Meltzer told the San Francisco Business Times that the accounting giant was eager to find new office space that better fits its millennial workforce.
Former Texas bank CEO joins Birmingham company
A longtime Texas bank CEO has taken on an executive role in the Birmingham financial market.
Gusto embraces Denver, plans big hiring push in Mile High City
San Francisco-based fintech Gusto is among the latest Bay Area startups to expand operations in Denver.
Hackers hit American Eagle Credit Union (updated)
Where to call if your American Eagle account was hacked
Portland investment firm fined $135K
The regulatory body for investment firms alleged M Holdings failed to maintain and enforce a supervisory system between December 2013 and June 2015. M Holdings consented to the fine, but did not admit or deny the allegations.