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Government

Government

Providing perspective and contextual insights on the monetary aspects of Government within Utah that impacts the citizens of the state, from local to international, including agencies and contractors.

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
David Politis
NEWS OF NOTE No. 4 — Over $105 Million in Utah-Linked Public-Land Funding, Credit Capacity, Venture Deployment, Share-Exchange Activity and Defense-Tech Contracting, Plus Three Acquisition Stories

NEWS OF NOTE No. 4 — Over $105 Million in Utah-Linked Public-Land Funding, Credit Capacity, Venture Deployment, Share-Exchange Activity and Defense-Tech Contracting, Plus Three Acquisition Stories

EXECUTIVE SUMMARY: ✅ Salt Lake City, Utah-based PACS Group, Inc. plans to acquire operations tied to 34 skilled nursing facilities from Eduro Healthcare, while Salt Lake City-based Packsize has agreed to acquire the packaging business of Italy-based Panotec; ✅ Utah counties and local governments are slated to receive $53.
David Politis
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
David Politis
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,
David Politis