Sign in Subscribe

Latest

Vivint Solar and Vivint Smart Home Founder, Todd Pedersen, has Apparently Acquired Controlling Interest in Utah-based Deploy Surveillance. This Development Potentially Puts Deploy and Pedersen on a Collision Course with Utah-based LiveView Technologies.

In the game of business, sometimes the only way to determine who is winning and who is losing is with a scorecard.

Utah's Top 19 Monetary, Financial and/or Business News Nuggets from the First Half of July 2024 that You Might have Missed

Utah's Top 19 Monetary, Financial and/or Business News Nuggets from the First Half of July 2024 that You Might have Missed

{AUTHOR'S NOTE: Clearly, not every news announcement deserves to be the top story of the day. Nevertheless, many news items are significant and should be acknowledged as such. So in this writeup, you'll find info about 27 Utah-based organizations and 14 separate executives that we feel

Utah-based Health Catalyst has Borrowed $125 Million from a New Credit Facility Worth up to $225 Million

Utah-based Health Catalyst has Borrowed $125 Million from a New Credit Facility Worth up to $225 Million

"Health Catalyst's solutions are currently empowered by trillions of datapoints gathered from over 100 million patient data records."

NEWS BRIEF: Utah-based "Death Care Services" Company, After.com, has Closed a $10 Million Round of Series A Financing

NEWS BRIEF: Utah-based "Death Care Services" Company, After.com, has Closed a $10 Million Round of Series A Financing

An alternative to the traditional funeral home industry, After.com specializes in cremation-only services, and plans to use the funding to expand beyond its current footprint across parts of six states: Arizona, California, Colorado, Oregon, Utah, and Washington. Provo, Utah- and West Palm Beach, Florida-based After.com has closed a

BREAKING NEWS: Utah-based rPlus Energies Announces Construction Debt Financing of over $1 Billion for its 800 MW Green River Energy Center

BREAKING NEWS: Utah-based rPlus Energies Announces Construction Debt Financing of over $1 Billion for its 800 MW Green River Energy Center

IF there was any doubt that Utah is firmly entrenched as one of the world's "Emerging Energy Ecosystems," rPlus Energies has erased such doubt forever.

BREAKING NEWS: Salt Lake County and the "Wasatch Back" Will Receive a Combined Total of Over $34.3 Million In Federal Grant Monies to Replace Older Diesel Buses with Electric Buses

BREAKING NEWS: Salt Lake County and the "Wasatch Back" Will Receive a Combined Total of Over $34.3 Million In Federal Grant Monies to Replace Older Diesel Buses with Electric Buses

The U.S. Department of Transportation is granting a total of over $34.3 million to replace older diesel buses with new electric buses in both Salt Lake County and portions of Summit County, Utah (known locally as the "Wasatch Back.") Specifically, the Federal Transit Administration of the

LEGAL BRIEFS: Sentencing in Two Utah Cases Produce Penalties of $2 Million Each: One for the Death of a Salt Lake County Jail Inmate and the Other for a Multiyear Mail Fraud Scheme

LEGAL BRIEFS: Sentencing in Two Utah Cases Produce Penalties of $2 Million Each: One for the Death of a Salt Lake County Jail Inmate and the Other for a Multiyear Mail Fraud Scheme

Salt Lake City, Utah-based Wellcon must pay $2.0 million because one of its medical employees withheld prescription medication from a Salt Lake County Jail inmate. This violation "breached the medical standard of care and caused injury, pain, suffering ..." and the death of the inmate, Jeremy Aus. Separately,

NEWS BRIEF: Utah-based Peak Capital Partners Buys Two Minneapolis Area Apartment Complexes for $23 Million

NEWS BRIEF: Utah-based Peak Capital Partners Buys Two Minneapolis Area Apartment Complexes for $23 Million

One of Utah's most active real estate investors, Provo-based Peak Capital Partners, has purchased two affordable apartment complexes in the greater Minneapolis, Minnesota area for $23 million from Minnetonka, Minnesota-based Dominium. According to a writeup by Finance & Commerce, the two apartment complexes purchased by Peak Capital Partners

ICYMI: L3Harris Technologies has Landed a Five-Year $999 Million Contract and Half of the Work will be Completed in Utah

ICYMI: L3Harris Technologies has Landed a Five-Year $999 Million Contract and Half of the Work will be Completed in Utah

Sometimes, an announcement doesn't hit our regular sources of information in a timely fashion. This is one of those times.

A Huge Thanks to Garrett Clark and Silicon Slopes for Having Me on the Silicon Slopes Show

A Huge Thanks to Garrett Clark and Silicon Slopes for Having Me on the Silicon Slopes Show

"I started Utah Money Watch as the first proof point to say, 'Is there a way that I can help anybody who's in Utah, or is interested in Utah, (to) learn what's really going on from a monetary-financial standpoint and not just a regurgitation of press releases?'"

Utah's Top 15 Monetary, Financial and/or Business News Nuggets from the Second Half of June 2024 that You Might have Missed

Utah's Top 15 Monetary, Financial and/or Business News Nuggets from the Second Half of June 2024 that You Might have Missed

{AUTHOR'S NOTE: Clearly, not every news announcement deserves to be the top story of the day. Nevertheless, many news items are significant and should be acknowledged as such. And in this writeup, you'll find info about 15 Utah-based firms and nine separate executives or celebrities. This

In a Tragic Holiday Accident, A Utah Family Loses its Daughter and Father/Husband, While a Company Loses its President and CEO

In a Tragic Holiday Accident, A Utah Family Loses its Daughter and Father/Husband, While a Company Loses its President and CEO

The summary of the fatal accident is so absurd, it's hard to believe it actually happened in real life. And yet it did. According to the official announcement from the Utah Highway Patrol, "On Saturday, July 6, 2024, at approximately 12:49 pm, a tow truck carrying

NEWS BRIEF: Utah-based Merit Medical Systems Just Spent 4X Revenue, $105 Million, to Acquire Certain Assets of EndoGastric Solutions in an All-Cash Transaction

NEWS BRIEF: Utah-based Merit Medical Systems Just Spent 4X Revenue, $105 Million, to Acquire Certain Assets of EndoGastric Solutions in an All-Cash Transaction

South Jordan, Utah-based Merit Medical Systems (NASDAQ:MMSI) has acquired certain medical device assets of Redmond, Washington-based EndoGastric Solutions for $105 million in an all-cash transaction, at 4X 2023 revenue. According to the news release announcing the asset purchase agreement, Merit has acquired the EsophyX Z+ device from EndoGastric, a

BREAKING NEWS: Utah-based R1 RCM Receives Updated All-Cash "Take Private" Offer of ~$5.58 Billion from New Mountain Capital in a Proposed "Go It Alone" Deal

BREAKING NEWS: Utah-based R1 RCM Receives Updated All-Cash "Take Private" Offer of ~$5.58 Billion from New Mountain Capital in a Proposed "Go It Alone" Deal

As one of the largest "Revenue-Cycle-Management" players in the healthcare industry, Murray, Utah-based R1 RCM has been in acquisition talks with various private equity and investment entities since January 2022. However, in the latest twist to this ongoing saga, New York City-based New Mountain Capital has notified R1