The $31.2 billion figure sets a new record for so-called deal flow in the State of Silicon Slopes, surpassing by nearly 19% the previous record set in 2020 at $26.4 billion.
“Rock Canyon Bank’s highly successful SBA business strategy de-risks the balance sheet, produces strong fee income, and is scalable across our franchise. Equally important, this acquisition strengthens our position as a premier regional bank serving the fast-growing Salt Lake City region.”
White Oak Global Advisors, LLC, (“White Oak”) announced that it has provided a $75 million term loan to Blackstone Products, also known as North Atlantic Imports, a Utah-based distributor of branded griddles and accessories.
Over the past several weeks, Five Star Franchising and Executech, two Utah-based companies, acquired firms based outside of Utah. ZAACT Consulting was purchased by a firm outside of Utah. However, financial terms were not disclosed in any of these transactions.
PUBLISHER'S NOTE:
Over the past several weeks, four separate Utah-based companies were acquired by firms based outside of Utah, while three firms located in Utah purchased other firms. However, financial terms were not disclosed in any of these transactions.
Brief highlights of these seven separate transactions are found
It's expected that the Galileo/Technisys combined tech platform will generate
A cumulative $500 to $800 million through year-end 2025, at high incremental margins.
Nearly some seven years on, Hafer now leads a BRC team of over 600 employees, with the headquarters (and main roasting facility) in SLC, and a separate roasting operation in Tennessee.
2 min readPublic
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