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Banking & Finance

Certify sold to California investor in deal worth close to $100M

Lori Valigra |

Certify Inc., a Portland travel and expense software company, was sold to K1 Investment Management LLC of El Segundo, Calif., which also merged three similar expense management software companies for...

Fintech firm Innovest teams up with Spinnaker for first foray into Maine

Renee Cordes |

Innovest Systems LLC, a fast-growing New York-based company in the burgeoning financial technology, or fintech field, is rolling out a new technology platform for Spinnaker Trust as it hunts for...

WEX announces plans for potential debt repricing


WEX Inc. (NYSE: WEX) has scheduled a meeting today, June 12, with certain prospective lenders to consider a potential repricing of the company's existing $438 million term A loan and $1.191 million...

Fate of $50M R&D bond rests with voters

Maine voters will decide the fate of a $50 million bond to boost the state's investment in research and development, which is the only statewide issue on the June 13 special referendum ballot.

Good To-Go wins $50K LaunchPad grant

Lori Valigra |

Good To-Go, the Kittery maker of natural dehydrated meals for active people, won the $50,000 grant top prize in the fifth annual Gorham Savings Bank LaunchPad live-pitch competition held Tuesday...

Maine Food Insider: Gelato Fiasco raises money to expand

Lori Valigra |

With hot summer months around the corner, Gelato Fiasco Inc. of Brunswick plans to expand its shops, employees and revenue after raising a little over half of a $1 million equity offering.

Maine public companies off to strong start in Q1

Lori Valigra |

A sampling of the financial performance of selected Maine public companies shows they're continuing strong performance in the first quarter.

Historic Gardiner building sold by Camden National Bank poised for a creative reboot

Laurie Schreiber |

Under new ownership, plans are underway to install new tenants in a historic building at 252 Water St. in downtown Gardiner that until recently was owned by Camden National Bank.

Finalists named for Gorham Savings' $50K LaunchPad competition


Gorham Savings Bank has selected five early-stage Maine businesses as finalists of its annual LaunchPad small business competition, with a $50,000 grand prize to be awarded to the winner.

Camden National posts 17% first-quarter earnings increase

Renee Cordes |

Camden National Corp. (NASDAQ: CAC) followed its 2016 record year with strong first-quarter earnings.