Private equity investment firm Thoma Bravo, a firm focused on the software and technology-enabled services sectors, announced the acquisition of Talend, a data integration and data integrity company, in a deal worth $2.4 billion. Thoma Bravo intends to begin a tender offer to acquire all of Talend’s outstanding ordinary shares and American Depositary Shares, for […]
HMS Ferries, the company selected in November 2020 to operate the Maritime Transportation Authority’s ferry service through a public-private partnership, said it is identifying three additional cargo vessels to add to the Ceiba-Vieques-Culebra routes, which in recent weeks has been in crisis mode. The company, which has yet to formally take over the service — […]
The second location of gourmet burger chain BurgerFi has opened in Plaza Caparra in Guaynabo, following a $1 million investment. The restaurant joins the first to open a year ago, when the chain made its local debut. The Plaza Caparra fast-casual concept spans 1,800 square feet, including two outdoor eating areas and a bar, said […]
Hilton hotels announced the appointment of Sharilyn Toko as general manager of the 652-room Caribe Hilton in San Juan, the company’s first hotel to open outside of the continental US in 1949 and “birthplace of the piña colada.” With more than three decades of hospitality experience, Toko joins the Caribe Hilton team following a year of […]
Under the slogan, “Porque Ser Relacionista es cosa seria,” the Puerto Rico Public Relations Professionals Association (ARPPR, by its Spanish acronym), launched its new campaign seeking to educate about the role of public relations professionals, reaffirm the importance of having a licensed public relations practitioner to develop and execute communications efforts, and promote compliance with […]
The U.S. Department of Agriculture (USDA) announced that it is increasing funding limits for loans financed under the Revolving Fund Program to support water and wastewater infrastructure projects in rural America. This increase is in line with provisions in the Agriculture Improvement Act of 2018 (2018 Farm Bill), said Luis R. García, acting state director […]
To celebrate Women’s Month, GenTrust Puerto Rico this week gathered more than 50 women leaders and entrepreneurs in a virtual event designed to create financial awareness and encourage participants to take actions that will lead to their financial wellness. Hosted by GenTrust Principal Elena Hernández, the event, entitled “Financial Wellness: Rebuilding for Tomorrow,” sought to […]
The Condado Vanderbilt and La Concha Resort hotels are recruiting employees for about 30 different positions, the general managers of the properties, Ben Tutt and José C. Padín, respectively, announced. “We’re looking for candidates for a variety of positions in practically all areas of the hotel and at all levels. The main requirement is to […]
In response to multiple incidents involving tourists reported in Carolina’s popular district of Isla Verde, the municipality is implementing stricter security measures by limiting transit on Isla Verde Avenue exclusively to locals between 10 p.m. and 5 a.m., Thursday through Sunday. The night patrol will be conducted by a team of 30 officers from Carolina’s […]
The Puerto Rico National Guard, one of the vital components during emergency situations on the island, was granted an obligation of nearly $12.7 million from the Federal Emergency Management Agency (FEMA). These funds will address eight permanent repair projects at several facilities, including its headquarters and several training centers, the federal agency said. Among the […]
A survey conducted by the Puerto Rico Chapter of the Associated General Contractors of America among its members showed that local businesses have a combined bond capacity exceeding $6 billion and access to financing with local banking with revolving lines of credit, as well as enough management capacity to push projects forward. During its the […]
Dorado-based Pharma-Bio Serv Inc. announced that revenues for the quarter ended Jan. 31, 2021 were approximately $4.5 million, a decrease of some $125,000 when compared to the same period last year. Additionally, net income for the quarter ended Jan. 31, 2021 was approximately $268,000, a decrease of some $259,000 when compared to the same period […]
Puerto Rico will be part of the second edition of the global Digital Cleanup Day, slated to take place March 20. In the digital world, similar to the environment, there is a huge amount of trash. Unnecessary emails, files, apps, duplicates of photos and videos are all digital waste, according to the organization. Almost all […]
Seeking to take advantage of the knowledge offered by retirees, the Voluntarios del Sureste program announced a call to recruit 150 retired professionals in several specialized areas to help communities in southeastern municipalities. The municipalities to benefit from community volunteer work are Las Piedras, Yabucoa and Humacao, organizers said. “Our society is committed to volunteering […]
Looking to simplify banking processes so that customers may access the bank “easily and securely,” FirstBank is now offering contactless technology and a new mobile app to manage its Beyond credit cards. The financial institution is also launching its digital platform through which customers can apply for different credit products through its corporate website. “Because […]
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