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Finance

Providing perspective and contextual insights on the monetary aspects of the Finance industry within the state of Utah, from Banking to FinTech and from venture capital to cryptocurrency.

Granite Lands ~$117MM UDOT Contract as it Deploys its Growing Utah Infrastructure Platform

Granite Lands ~$117MM UDOT Contract as it Deploys its Growing Utah Infrastructure Platform

EXECUTIVE SUMMARY: ✅ Granite has been awarded a Utah Department of Transportation contract priced at ~$117 million to extend the West Davis Corridor in West Point, Utah. ✅ The award comes roughly eight weeks after the 104-year-old, NYSE-listed infrastructure company acquired Provo, Utah-based Kenny Seng Construction, adding more

Nearly $40 Million in Utah-focused Deals, Announcements Regarding 14 Utah Entities, Including 7 Executive Changes — Say Hello to NEWS OF NOTE No. 3

Nearly $40 Million in Utah-focused Deals, Announcements Regarding 14 Utah Entities, Including 7 Executive Changes — Say Hello to NEWS OF NOTE No. 3

EXECUTIVE SUMMARY: ✅ L3Harris Technologies (Salt Lake City) has landed a $12.2 million U.S. Navy contract modification for work in Utah, while Salt Lake City-based Milestone Capital Partners closed $11.5 million of corporate notes; ✅ Ogden, Utah-based TAB Bank provided an $8 million working-capital facility to

The U.S. Army has Begun Exclusive Negotiations to Finalize Plans for Two Firms to Process Critical Minerals at Tooele Army Depot in Tooele County, Utah

The U.S. Army has Begun Exclusive Negotiations to Finalize Plans for Two Firms to Process Critical Minerals at Tooele Army Depot in Tooele County, Utah

Executive Summary: Two firms (one from Boca Raton, Florida and one from Sydney, Australia) have been conditionally selected by the U.S. Army "to design, finance, build, and operate critical mineral processing facilities on underutilized land on Army installations ..." to process and refine boron, dysprosium (Dy), and terbium

NEWS OF NOTE: Lunar Resources Plans $85 Million Utah Factory, HealthEquity and the Utah Jazz Enter Sponsorship Deal, a $44 Million Refinancing, and Five Other Newsworthy Items Comprise this Week's Writeup

NEWS OF NOTE: Lunar Resources Plans $85 Million Utah Factory, HealthEquity and the Utah Jazz Enter Sponsorship Deal, a $44 Million Refinancing, and Five Other Newsworthy Items Comprise this Week's Writeup

This edition of NEWS OF NOTE tracks recent Utah-related business, capital, real estate, public-finance, defense-tech, sports-business, industrial, land, and wealth-management announcements tied to over 25 organizations, including Lunar Resources, HealthEquity, the Utah Jazz, Ken Garff, ClearShift, Bartlett, Savage, Raymond James, Palladyne AI, the Utah DWR,

NEWS BRIEF: A Major Shareholder Plans to Sell 8 Million Common Shares of Pattern Stock in a Pattern Secondary Public Offering

NEWS BRIEF: A Major Shareholder Plans to Sell 8 Million Common Shares of Pattern Stock in a Pattern Secondary Public Offering

The stock sale gives a major Pattern shareholder a path to liquidity, but Pattern itself is not raising money through the transaction. 16 June 2026 — LEHI, Utah — Pattern Group (NASDAQ:PTRN) yesterday filed an S-1 registration statement with the U.S. Securities and Exchange Commission for an 8 million-

NEWS OF NOTE: A Utah Billionaire’s Bold Push to Buy Park City Mountain Resort, Crewe Advisors’ Growth-Capital Deal, and Other Recent Money Signals Across Utah

NEWS OF NOTE: A Utah Billionaire’s Bold Push to Buy Park City Mountain Resort, Crewe Advisors’ Growth-Capital Deal, and Other Recent Money Signals Across Utah

This first edition of "NEWS OF NOTE," a new recurring Utah Money Watch feature, tracks recent Utah-related business, capital, real estate, institutional, workforce, life-sciences, energy, sports-monetization, and education news items we believe are worth having on the record. Specifically, over 15 Utah-based entities and

Lehi-Based Entrata Files to Go Public, Revealing a Profitable $509 Million Utah Software Platform

Lehi-Based Entrata Files to Go Public, Revealing a Profitable $509 Million Utah Software Platform

The Silver Lake-controlled property-management technology company has applied to list on the NYSE under the ticker ENT, giving Utah another potential public-market anchor in vertical software, AI-enabled property operations, and rental-housing infrastructure. LEHI, Utah, 1 June 2026 — After five-plus months of nibbling at the