South Jordan, Utah-based Canopy Raises $35 Million in New Funding Round
At least 10 different investment firms have placed their bets on Canopy since its launch in 2014.
Utah Set a New Record of at Least $39.2 Billion in Equity Deals in 2023 vs. the Previous High of $31.2 Billion Set in 2021, the Latest "Deal Flow Report" Says
M&A activity in Utah in 2023 represented over 91.3% of ALL known equity transactions that occurred in the state last year.
Utah's Top 19 Financial and Business News Nuggets from the First Half of May 2024 that You Might have Missed
NOTE: This writeup includes news about 20 Utah-based firms, 18 separate executives, and the death of one former public official.
Utah's Top 17 Business News Nuggets from April 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 still significant and should be acknowledged as such. Hence, this write-up is designed to specifically focus on Utah's business "news nuggets" from the
Lehi's PCF Insurance Services Lands $400 Million in New Incremental Debt Financing
Following its multiyear, roll-up strategy, PCF is now the 12th largest Property Casualty brokerage in the U.S., plus the 20th largest insurance brokerage in the U.S.
Kinect Capital Welcomes 23 Presenting Companies to this Week's Investor Choice Conference in Salt Lake City
"According to Kinect Capital, its data says that since 2009 Investors Choice alumni firms have raised over $1.2 billion in investment capital while also achieving financial exits of over $10 billion."
Boeing has been Awarded a New Hill Air Force Base Contract Valued at $559 Million over a Five-Year Period
Under the agreement, Boeing will continue to "operate, maintain and perform testing at the Little Mountain Test Facility at Hill Air Force Base (in westernmost Ogden) Utah. The state-of-the-art site is designed to test functionality of the nation’s current and future intercontinental ballistic missile force, nuclear modernization programs