Thoma Bravo, a private equity investment firm founded by Puerto Rican entrepreneur Orlando Bravo, announced the sale of its portfolio company Ellie Mae to Intercontinental Exchange (ICE), in a deal worth $11 billion. Ellie Mae, based in Pleasanton, CA with approximately 1,700 employees, was founded in 1997 with a mission to automate and digitize the […]
Puerto Rico’s Resident Commissioner in Washington Jenniffer González and Florida Sen. Marco Rubio introduced H.R. 7577, a bill that would help boost Puerto Rico’s economy and position the island as a “hub,” or national production center, of medical equipment and drugs. This bicameral initiative encourages companies that are currently producing pharmaceuticals and medical devices abroad, […]
A new application called the Colecturía Digital Móvil was recently launched to ease the purchase of Treasury Department payment vouchers required for dozens of government transactions, particularly at the Department of Transportation and Public Works’ Drivers Services Office (CESCO). Once the mobile app is downloaded, the user registers, selects the agency that requires the voucher, […]
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