Merit Medical is Purchasing Cook Medical’s "Lead Management Portfolio" for ~$210 Million in Cash
The acquisition is expected to be fully accretive starting in 2026.
The Top 17 Utah-focused Monetary, Financial and/or Business News Nuggets from September 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.
{In this writeup, you'll find info about 18 different Utah-based firms, 10 acquisitions, and nine separate executives, that
If You're a Female Entrepreneur Trying to Raise Money, You Should be at UVU Tomorrow for the 7th Annual WeROC Conference ("Women Entrepreneurs Realizing Opportunities for Capital")
Fundraising Truism No. 1: Raising money is hard — really, really hard!
Fundraising Truism No. 2: Raising money (if you're a woman) is awful ... AND ... really, really hard!
How hard? According to data compiled by the John F. Kennedy School of Government at Harvard University,
"The 30-year average
Three Utahns Ordered to Pay $42.5 Million for their Fraudulent Conduct through their Firm, Real Estate Workshop
Following false promises of financial freedom that decimated the bank accounts and retirement savings of thousands, three Utahns have been ordered to pay $42.5 million in fines and restitution for their misdeeds.
For more than a decade, MJ Augie Bove, Troy Stevens, and Cory Wadsworth operated a seemingly brilliant
The Real Reason We Believe Utah-based Backcountry.com has Traded Hands Once Again
Merryville, Indiana-based CSC Generation Enterprise has acquired Park City, Utah-based Backcountry.com, including its brands MotoSport, Competitive Cyclist, and Steep and Cheap.
It appears, however, that the majority owner of Backcountry at the time of the acquisition earlier this month was San Francisco, California-based private equity firm, TSG Consumer Partners.
Utah's Former High-Flying Solar Company, Lumio, is About to Be Acquired for ~$100 Million Out of Chapter 11 Bankruptcy Proceedings
Although it started with a bang in mid-2021 with the announcement that it had acquired five separate residential solar companies, Lehi, Utah-based Lumio has now crashed back to earth as it has filed for Chapter 11 bankruptcy protection and entered into a $100 million "Stalking Horse" agreement to
NEWS BRIEF: The University of Utah Landed Nearly $700 Million in Research Funding in Fiscal 2024
The University of Utah just announced that it garnered nearly $700 million in research funding in fiscal 2024 (ended 30 June 2024).
According to the UofU news release announcing the FY 2024 research funding results, the Salt Lake City-based institution secured $691 million in research funding across such disciplines as