Steward Partners Elevates Multiple Executives to Continue Its Rapid Growth

NEW YORK, Sept. 27, 2024 /PRNewswire/ — Steward Partners, an employee-owned independent financial services firm specializing in comprehensive wealth management solutions, today announced the expansion of its leadership team with the promotions of Jeff Gonyo to head of wealth management, Kirstie Eustace to chief administrative officer, and Maria Condon to chief of staff. The promotions are effective September 24, 2024.

KBP Brands Grows KFC Portfolio With Pair of Deals

KBP Brands grew its portfolio of KFC, Arby’s and Taco Bell stores over the past two decades largely by acquiring underperforming restaurants.

FedEx Announces Expansion of FedEx Fulfillment With Nimble Alliance

FedEx Corporation (NYSE: FDX) today announced a strategic alliance and investment with Nimble, an AI robotics and autonomous e-commerce fulfillment technology company, to scale FedEx Fulfillment with their fully autonomous 3PL model. To support this alliance, FedEx has made a strategic investment in Nimble.

KBP Brands purchases 85 SONIC restaurants; Adds fourth brand to restaurant portfolio

KBP Brands, one of the largest and fastest-growing franchise operators in the United States, has acquired 85 SONIC restaurants across six states – Delaware, Georgia, Kentucky, North Carolina, South Carolina and Virginia. This purchase brings KBP’s total restaurant portfolio, which also includes KFC, Taco Bell, and Arby’s, to more than 1,000 restaurants in 32 states.

Leading Aviation Maintenance Provider MRO Holdings Secures Strategic Growth Investment from Bain Capital

MRO Holdings Inc. (“MROH” or the “Company”), a leading provider of aircraft maintenance solutions for the global commercial airline industry, today announced that it has agreed to a strategic minority investment from Bain Capital to support the Company’s ongoing development and expansion of customer-centric initiatives. Financial terms of the private investment were not disclosed and the transaction is subject to customary closing conditions. 

Steward Partners Expands into Naples, Florida with Coastal 360 Capital Advisors

NEW YORK, May 28, 2024 /PRNewswire/ — Steward Partners, a full-service, employee-owned, independent financial services firm, announced today a new partnership with Coastal 360 Capital Advisors, adding two advisors and over $320 million in assets under management to Steward Partners’ roster.

STV Group, Incorporated Acquires Florida-based MEHTA and Associates, Inc.

NEW YORK, NY – STV Group, Incorporated, a leading professional services firm that plans, designs and manages infrastructure projects across North America, today announced it has acquired MEHTA and Associates, Inc. (also known as MEHTA Engineering), an engineering and construction engineering inspection firm which has more than 75 professionals in Florida and has completed nearly 1,000 infrastructure projects over the past 50 years.

Steward Partners Announces Monaco Capital and Saling Simms Acquisitions, Sustaining Rapid Firm Expansion

NEW YORK, April 18, 2024 /PRNewswire/ — Steward Partners, a full-service, employee-owned, independent financial services firm, announced today the acquisitions of financial advisory firms Monaco Capital and Saling Simms under Steward Partners’ Freedom Street merger. The two firms will add five advisors and a combined total of $488 million in client assets to Steward Partners’ roster.

Floating Point Closes Second Fund to Invest in Complex Sectors

Floating Point, an early stage venture capital firm investing in complex sectors, today announced the closing of its $70 million second fund. Floating Point looks deep in overlooked sectors to back expert founders building first of their kind companies. Their portfolio includes category-defining companies such as Altana, Commons Clinic, Sun Day, Floodbase, and Wheeler Bio.

Steward Partners Kicks Off 2024 With Over $1 Billion In New Client Assets

NEW YORK, April 5, 2024 /PRNewswire/ — Steward Partners, a full-service, employee-owned, independent financial services firm, welcomed a fleet of new advisors and teams in the months of January and February, bringing in over $1 billion in assets under management to the firm.