Remove Arizona Remove Capital Remove Operations
article thumbnail

GenNx360 Acquires B2B Industrial, AMW Packaging

PYMNTS

New York private equity firm GenNx360 Capital Partners has acquired B2B Industrial and the assets of AMW Packaging Supply , which will give the company a boost in the industrial packaging space, according to a press release. B2B Industrial is based in Illinois, while AMW is based in Arizona.

Industry 181
article thumbnail

JD Sports Purchases California-Based Shoe Palace

PYMNTS

Overall cash consideration for the purchase of the company is $325 million, which is subject to “customary cash/debt and working capital adjustments,” of which $100 million has been deferred and will be paid on different dates over the 12 months to come. California-based Shoe Palace was started in 1993 by the Mersho family.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Here is The Math Behind the High-Yield Account

South State Correspondent

If you bank in a fast-growing state such as Nevada, Utah, Idaho, Arizona, Texas, Florida, or South Carolina, population and business formation growth result in lower acquisition costs. Not everyone needs rewards points, instant payments, or weekend service, but everyone needs cheap capital and more income.

article thumbnail

Bitcoin Daily: Block.one Gets Patent For DLT That Monetizes Social Media Posts; Bitfinex Seeks US Subpoenas To Track Down $800M In User Funds

PYMNTS

The system could possibly monetize every single social media post on a given network for operators as well as content creators. The program will likely make use of Voice, Block.one’s own social media network, which Block.one invested millions of dollars into last month so it could operate independently of Block.one.

article thumbnail

Commercial Credit Trends – Where to Tread Carefully

South State Correspondent

This data is critical for pricing, capital allocation, and marketing. The operative question is when commercial PODs will show a spike. As can be seen, Arizona and Texas have the largest increases in credit risk, while Minnesota and Maine are the most stable. Once again, it is time to play more defense.

Trends 195
article thumbnail

Food Delivery Shows No Sign Of Abating In Summer

PYMNTS

DoorDash, the country’s largest deliverer of restaurant meals, could be valued as high as $15 billion following a likely infusion of capital from existing investors. The interest among established buyers in growing food delivery operations is far more than a U.S. Uber Technology is reportedly offering $2.6 phenomenon.

Arizona 162
article thumbnail

Chinese Startup Neolix Mass Producing Driverless Delivery Vans

PYMNTS

A company in Silicon Valley, Nuro , is also in the autonomous vehicle game and has raised almost $1 billion in 2019, and has begun a driverless grocery delivery program in Arizona. The vans are operational in the new Xiongan economic zone southwest of Beijing and in small areas of the capital as well as Changzhou. In the U.S.,

Arizona 115