Miscellaneous

Miscellaneous

Through our Miscellaneous category, Utah Money Watch provides perspective and contextual insights on subjects ranging from Clothing to Media and from Science to Transportation as viewed through the lens of finance.

PART TWO:  What Exactly Is PV3 Enterprises? A Peek Inside the Investment Platform Behind BYU Athletics’ Largest-Ever Commitment and the Potentially Genius, Hidden-in-Plain-Sight, Marketing and Sales Strategy

PART TWO: What Exactly Is PV3 Enterprises? A Peek Inside the Investment Platform Behind BYU Athletics’ Largest-Ever Commitment and the Potentially Genius, Hidden-in-Plain-Sight, Marketing and Sales Strategy

EXECUTIVE SUMMARY ✅ PV3 Enterprises, the firm behind the largest philanthropic commitment in BYU Athletics history, has evolved from what was publicly described in 2024 as a Mark Hancock-led family investment operation into a broader investment-and-operating platform now publicly identifying both Hancock and Jason Murray as principals. ✅ PV3
David Politis
Utah’s Autonomous Solutions Has Landed a $225 Million Investment from SoftBank and the Two have Formed a Construction Robotics J.V. Separately Funded by SoftBank

Utah’s Autonomous Solutions Has Landed a $225 Million Investment from SoftBank and the Two have Formed a Construction Robotics J.V. Separately Funded by SoftBank

EXECUTIVE SUMMARY ✅ SoftBank Group has invested $225 million directly into Mendon, Utah-based Autonomous Solutions, Inc., while separately capitalizing a newly formed joint venture focused on commercializing autonomous heavy-construction equipment. ✅ The amount invested in the joint venture was not disclosed, meaning SoftBank’s total capital commitment tied to ASI
David Politis
Peterson Partners Raises $510 Million Continuation Vehicle for Draper-based Kelso Industries, Extending its Bet on a $1 Billion-plus Revenue Business

Peterson Partners Raises $510 Million Continuation Vehicle for Draper-based Kelso Industries, Extending its Bet on a $1 Billion-plus Revenue Business

EXECUTIVE SUMMARY ✅ Utah-based Peterson Partners has raised $510 million for a single-asset continuation vehicle centered on Draper, Utah-based Kelso Industries, allowing the investment firm to extend its ownership of the rapidly growing mechanical, electrical and plumbing (MEP) services company. ✅ New York City-based NorthSands Capital committed more
David Politis
26 Startups, Three Minutes Each, Pitching for Dollars at Kinect Capital’s 43rd Investors Choice Conference this Thursday, September 3rd

26 Startups, Three Minutes Each, Pitching for Dollars at Kinect Capital’s 43rd Investors Choice Conference this Thursday, September 3rd

EXECUTIVE SUMMARY ✅ Twenty-six companies are scheduled to make three-minute investor pitches on Thursday, Sept. 3 during the 43rd annual Investors Choice Conference produced by Salt Lake City-based nonprofit Kinect Capital. ✅ The field stretches across AgTech, AI, biocomputing, ClimateTech, consumer products, energy storage, medical devices, pharmaceuticals, robotics, VR,
David Politis
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