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SBA's Maine office promotes deputy to director role
Updated: April 27, 2021Diane Sturgeon started her new job this week after nine years with the SBA's Maine District Office, most recently as deputy district director.
Updated: April 27, 2021
Westbrook fintech firm acquired by Seattle company
April 22, 2021All 21 employees of DAVO Technologies will transition to Avalara, a provider of tax compliance automation for businesses from Bed Bath & Beyond to the New York Times.
April 22, 2021
Maine's largest law firm launches climate change practice group
Updated: April 23, 2021On Earth Day, Bernstein Shur announced the launch of a a 15-attorney multidisciplinary practice group to meet growing demand for expertise on climate-related law and regulation.
Updated: April 23, 2021
WEX agrees to acquire Illinois benefits administration company for $275M
April 14, 2021WEX unveiled an agreement to acquire benefitexpress, a provider of configurable, cloud-based benefits administration technologies and services. The transaction is expected to close in the second quarter.
April 14, 2021
Chase to open Saco branch in former Krispy Kreme
April 9, 2021JPMorgan Chase & Co. (NYSE: JPM) will fill in a hole left by a former Krispy Kreme in Saco as it moves ahead with its retail banking rollout in southern Maine.
April 9, 2021
On the Record: Compliance is at forefront for Foreside Financial President David Whitaker
Updated: April 5, 2021Mainebiz talked with the head of the fast-growing Portland firm about the importance of regulatory compliance, the firm's acquisition strategy, and the value of a Maine address — even when many of your clients are from outside the state.
Updated: April 5, 2021
Bust turns into boon: When financing fell apart in the pandemic, GO Lab got creative
Updated: April 5, 2021The startup's planned conversion of a former paper mill in Madison had taken three years, and now the funding had to be finalized. The pandemic busted the deal. With the Finance Authority of Maine, GO Lab found a plan B.
Updated: April 5, 2021
Loan rangers: Behind the scenes of the Paycheck Protection Program in Maine
Updated: April 5, 2021The emergency loan program started last year with initial funding of $349 million, but in two weeks the money was gone. Businesses and banks had to scramble and get what they could. The PPP has been a lifesaver, but has also taught Mainers to learn
Updated: April 5, 2021
Ask ACE: How to enhance customer experience during and post COVID-19
Updated: June 24, 2022A contributor from the Association for Consulting Expertise recommends how a reader can improve customer engagement now, during the pandemic, and also reap rewards in the future.
Updated: June 24, 2022
Maine's tax burden is one of the highest, new study says
March 31, 2021The nationwide analysis looked at how much personal income went to levies imposed by states and municipalities.
March 31, 2021Portland-based wealth management firm may be acquired by Ohio company
March 30, 2021No terms for the acquisition of Atlantic Trust have been disclosed, and the deal is still pending regulatory approval. But that could happen as soon as June.
March 30, 2021
Portland IT firm continues acquisition spree with Ohio deal, promising more to come
Updated: March 30, 2021Logically, a Portland company formerly known as Winxnet, has acquired an Ohio-based managed security service provider serving retail to health care customers. The deal brings the Logically workforce to 370 people.
Updated: March 30, 2021
Portland financial firm bulks up in compliance support
Updated: March 10, 2021Foreside Financial Group, a portfolio company of Radnor, Pa.-based private equity firm Lovell Minnick Partners LLC, embarks on its sixth acquisition since 2019 and second this year.
Updated: March 10, 2021
How to be more effective with your DEI efforts
Updated: April 28, 2022What many business leaders find surprising is that the success or failure of their DEI efforts are often determined by their own mindsets and skill sets around navigating differences.
Updated: April 28, 2022
How to promote DEI at work
Updated: March 8, 2021Diversity, Equity and Inclusion leads to more creative thinking and innovative ideas. Diverse teams have been proven to be more impactful leading to better financial returns.
Updated: March 8, 2021
A call to action: After businesses backed change, the question became, ‘What’s next?’
Updated: March 8, 2021While many companies tend to be skittish about taking stands on politics and world events, the deaths of George Floyd, Ahmaud Arbery and Breonna Taylor were somehow different.
Updated: March 8, 2021
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