Sign in Subscribe

Latest

In Just Over 60 Days, $562 Million in Financing was Secured by Lehi, Utah-based Reef Capital Partners for Two Major Luxury Real Estate Resort Projects

In Just Over 60 Days, $562 Million in Financing was Secured by Lehi, Utah-based Reef Capital Partners for Two Major Luxury Real Estate Resort Projects

EXECUTIVE SUMMARY ✅ Two projects under development by Lehi-based Reef Capital Partners secured approximately $562 million in new financing between June 23 and now: ▪️ $431 million for Coco Palms in Kauaʻi, Hawaii; and ▪️ Another $131 million for Marcella Landing at Deer Valley East Village. ✅ Including the $182.2 million in

With its $58.25 Million Series B Funding, Utah-based Xenter Plans a Diagnostics Business Launch and Continued Work on Advancing AI-Empowered Medical Devices

With its $58.25 Million Series B Funding, Utah-based Xenter Plans a Diagnostics Business Launch and Continued Work on Advancing AI-Empowered Medical Devices

EXECUTIVE SUMMARY ✅ Draper-based Xenter has raised $58.25 million in Series B funding, apparently the largest Life Sciences disclosed funding by a Utah-headquartered firm so far in 2026. ✅ The company plans to use the capital to commercially launch Xenter Diagnostics, while continuing development of its investigational medical devices

Mariana Minerals Raises $310 Million as Utah Becomes Proving Ground for Autonomous Mining

Mariana Minerals Raises $310 Million as Utah Becomes Proving Ground for Autonomous Mining

EXECUTIVE SUMMARY ✅ Mariana Minerals just raised $310 million in Series B financing, pushing the company’s valuation to roughly $1.5 billion. ✅ CEO Turner Caldwell says all mining machinery is AI-powered and autonomous at Copper One, Mariana’s recently purchased and reopened copper mine / refinery in southeastern Utah, with

Domo, Chapter 2: Behind Its $400 Million Asset Sale, Domo Was Preparing for a Possible Chapter 11 Bankruptcy Filing

Domo, Chapter 2: Behind Its $400 Million Asset Sale, Domo Was Preparing for a Possible Chapter 11 Bankruptcy Filing

EXECUTIVE SUMMARY ✅ Domo's Preliminary Schedule 14C (PREM-14C) filing reveals that the Utah software company was in default under its credit agreement, operating under lender forbearance, and preparing for a possible Chapter 11 bankruptcy filing while negotiating its $400 million asset sale to Progress Software. ✅ This was no

Utah’s Weave Agrees to $650 Million Sale to Francisco Partners, Five Months After Activist Investors Won Two Seats on Weave's Board of Directors

Utah’s Weave Agrees to $650 Million Sale to Francisco Partners, Five Months After Activist Investors Won Two Seats on Weave's Board of Directors

EXECUTIVE SUMMARY ✅ Lehi-based Weave Communications has agreed to be acquired by Francisco Partners for approximately $650 million, or $7.40 per share in cash, a 34% premium to WEAV’s 17 August closing price. ✅ The $7.40 exit price is still 69.17% below Weave's opening price

Five Years After Opening a $286 Million Plant in Eagle Mountain, Utah, Tyson Foods is Shutting it Down and Eliminating 723 Utah Jobs in the Process

Five Years After Opening a $286 Million Plant in Eagle Mountain, Utah, Tyson Foods is Shutting it Down and Eliminating 723 Utah Jobs in the Process

EXECUTIVE SUMMARY ✅ Five years after beginning production at an over $285 million meat-packaging plant in Eagle Mountain, Tyson Foods will permanently close the facility, eliminating 723 Utah jobs. ✅ Tyson opened the 600,000-square-foot facility in August 2021 as a highly automated “case-ready” meat plant, one Food

NEWS OF NOTE No. 5 — Carlyle Acquires a Utah Defense-Tech Firm, College Football, a National Bank Moves its Headquarters to Utah, Plus Executive Moves Across Higher Education, Manufacturing, Venture Capital and More

NEWS OF NOTE No. 5 — Carlyle Acquires a Utah Defense-Tech Firm, College Football, a National Bank Moves its Headquarters to Utah, Plus Executive Moves Across Higher Education, Manufacturing, Venture Capital and More

EXECUTIVE SUMMARY ✅ Carlyle Group has acquired Centerville, Utah-based defense-technology firm Secturion Systems, making the Utah company the first investment by Carlyle's new dedicated middle-market Aerospace, Defense / Government and Industrials platform; ✅ Brigham Young University Athletics and Lehi-based Entrata have signed a multi-year agreement making