Press release content from Globe Newswire. The AP news staff was not involved in its creation.
HealthEquity Reports Year-End Sales Metrics
HealthEquity, Inc.February 8, 2021 GMT
DRAPER, Utah, Feb. 08, 2021 (GLOBE NEWSWIRE) HealthEquity, Inc. (NASDAQ: HQY) (“HealthEquity” or the “Company”), the nation’s largest health savings account (“HSA”) non-bank custodian, today announced HSA Assets and Total Accounts as of its fiscal year ended January 31, 2021.
The total number of HSAs as of January 31, 2021 was 5.8 million, an increase of 8%, from 5.3 million as of January 31, 2020. The Company closed its fiscal year 2021 with 12.8 million Total Accounts, the same as in the prior fiscal year. HSA Assets grew to $14.3 billion as of January 31, 2021, an increase of 24% from $11.5 billion a year earlier.
Friday, February 5, 2021
Recent M&A Activity:
December 31, 2020: TerraSmart was acquired by Gibraltar Industries for $228.2 million. The acquisition strengthens Gibraltar s position as the largest turnkey provider in the domestic solar energy market with the broadest portfolio of ground-mount infrastructure, tracker, and design software solutions, serving customers of any type and size on any terrain.
January 5, 2021: iSun Energy LLC was acquired by the Peck Company Holdings, Inc., a leading commercial solar engineering, procurement and construction (“EPC”) company. (“iSun”), a provider of innovative solar power, electric mobility and smart city solutions for government, commercial, retail, academic and data-center projects, announced that it has entered into a binding term sheet under which Peck will acquire iSun in an all-stock transaction.
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
JOFF Fintech Acquisition Corp. Announces Pricing of upsized $360,000,000 Initial Public Offering
JOFF Fintech Acquisition CorpFebruary 5, 2021 GMT
New York, NY, Feb. 04, 2021 (GLOBE NEWSWIRE) JOFF Fintech Acquisition Corp. (the “Company”) today announced the pricing of its upsized initial public offering of 36,000,000 units at $10.00 per unit. The units will be listed on the Nasdaq Stock Market and trade under the ticker symbol “JOFFU” beginning Friday, February 5, 2021.
Each unit consists of one share of the Company’s Class A common stock and one-third of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one share of the Company’s Class A common stock at a price of $11.50 per share. Once the securities comprising the units begin separate trading, the Class A common stock and warrants are expected to be listed on the Nasdaq Stock Marke
Press release content from Newswire. The AP news staff was not involved in its creation.
Morrie’s Auto Group Announces Acquisition of Brenengen Auto Group
February 5, 2021 GMT
Morrie s Auto Group Announces Acquisition of Brenengen Auto Group
WAYZATA, Minn. - February 4, 2021 - ( Newswire.com )
Morrie’s Auto Group (“Morrie’s”) today announced the strategic acquisition of Brenengen Auto Group (“Brenengen” or “the Company”). Brenengen is a leading automotive retail group with 6 dealership locations in western Wisconsin. Morrie’s acquired the Company by partnering with Brenengen’s founders, Don and Cheryl Brenengen, and the Company’s existing management team.
The partnership between Brenengen and Morrie’s is a natural transition for two groups with shared values founded in serving their communities with heart, humility, and integrity. While this combination will bring increased capabilities and reach, these values will remain unchanged. Morrie’s prides i