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New Baum private equity fund makes first investment
One of Kansas City's newest private equity firms, Baum Capital Partners, made its first investment. The new affiliate of George K. Baum & Co. launched its $70 million GKB Growth Equity Fund LP in...
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American Century jostles for position in the $8.7T U.S. market for impact...
American Century Investments has been making an increasingly bigger push into the world of “impact investing,” which is a $23 trillion market worldwide.
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Feds: Independence owner hired man to burn down gold-buying rival's store
Federal officials accuse an Overland Park business owner of hiring a man to burn down the store of a rival gold-buying operation. William Reneau of Overland Park, owner of Gold Rush Exchange LLC in...
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Growth pushes Pivot International into new HQ with room to add more engineers
Pivot International just finished moving into a new 15,000-square-foot headquarters in Lenexa, giving it twice the room to deal with its growth rate of 100 percent over five years. Pivot International...
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Suit: Mariner Holdings improperly pushed out owners of minority stake
Tim Skarda and David Holzman, who ran the investment banking firm at Mariner Holdings LLC, are suing the company and founder Marty Bicknell for firing them and then purposely neglecting the business to...
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Prime Capital's latest deal helps it expand into the Ohio Valley
Overland Park-based Prime Capital Investment Advisors absorbed Giesting Financial in Batesville, Ind., just west of Cincinnati. Giesting was founded in 2002 by owner and principal financial adviser...
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Mize Houser doubles down on restaurant niche
Topeka-based accounting firm Mize Houser & Co. PA launched a new service designed to help owner operators of restaurant franchises manage the financial aspects of their business. The new offering...
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Lockton launches investment banking and capital markets business
Lockton Cos. Inc., a Kansas City-based insurance broker, has created a division that will offer investment banking, corporate finance and capital markets services. Based in New York, Lockton Capital...
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Sporting KC, partners hope food waste reduction program sparks nationwide effort
A partnership between Sporting Kansas City and several organizations puts the spotlight on the value of reducing food waste.
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Enterprise Bank launches its first interactive teller machine in KC
Enterprise Bank & Trust now offers extended hours and expanded bilingual services through its first two interactive teller machines (ITM) in the Kansas City area. An ITM offers all the services of...
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Champions of Business leaders: 3 different ways culture is key to business...
The Champions of Business: Think Tank event brought together a panel of leaders from three Champions of Business award-winning companies to share their insights into how their companies separated...
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Second quarter brings more sterling numbers for KC-area banks [CHART]
As our quarterly bank chart reflects, banks in the Kansas City area did pretty well, reaching the highest levels of second-quarter income in at least a decade.
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High-end roofing manufacturer names new president
Michael Cobb was named the new president and chief marketing officer of DaVinci Roofscapes. Cobb joined the Lenexa-based company in January 2017 as its vice president of sales and marketing. He takes...
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UMB Healthcare, fintech partner to add technology to HSAs
UMB Healthcare Services formed a partnership with Boston-based Bend Financial, a fintech startup that created technology to make health savings accounts (HSAs) easier to understand and use. Bend...
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KC firm leads class-action effort against artificial knee manufacturer
Kansas City's Wagstaff & Cartmell LLP is working on a lawsuit against companies that developed, manufactured and distributed the Attune Knee System, saying they knew it was faulty but continued to...
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UMB hopes to up its tech game with new partnership with Visa's Fraedom
UMB Financial Corp., a Kansas City-based financial services holding company (Nasdaq: UMBF), formed a partnership with a Visa subsidiary called Fraedom, which will lead to development of new technology...
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First Business Bank brings in VC groups to hear pitches from 12 KC-area tech...
It's the bank's maiden voyage for Tech First, in which 12 area entrepreneurs from the tech sector will pitch to more than 10 venture capital groups coming in from Chicago, Milwaukee and St. Louis.
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UMKC launches defense to med student's racketeering, fraud claims
The University of Missouri-Kansas City is fighting back against a racketeering and fraud lawsuit that claims it purposely ran up tuition, fees and other costs by requiring students to repeat courses...
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Rouse Frets acquires boutique law firm for entrepreneurs to start new...
Rouse Frets Gentile Rhodes LLC acquires a boutique law firm called StartMeUp KC LLC, which provides services to startups and small businesses. The Leawood-based law firm plans to launch a new practice...
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Real estate lawyer: Opportunity Zones will be a game-changer
The 2018 Tax Reform Bill contains a new tool called Opportunity Zones. They have the potential to attract investment dollars to completely transform some of the nation's most impoverished areas.
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