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Maine's largest architecture firm names 3 new principals
Updated: March 1, 2021Three architects employed by SMRT Architects and Engineers have been named principals at the Portland-based firm, bringing the total number of owners to 22.
Updated: March 1, 2021
WEX ends 'year like no other' with 9% drop in Q4 revenue
February 24, 2021"The company is much more resilient than it ever has been," WEX Chair and CEO Melissa Smith told Mainebiz in a phone interview after the company posted fourth-quarter and full-year results.
February 24, 2021
Portland venture capital firm acquired by Midwest financial services company
February 22, 2021North Atlantic Capital Corp., co-founded in 1986 by David Coit and with headquarters in downtown Portland, will become part of Stifel Financial Corp., based in St. Louis.
February 22, 2021
Is 1031 all done? An investment tool, commercial real estate boon faces elimination
Updated: February 22, 2021Named after its IRS section code, the 1031 benefit allows an investor to put off capital gains tax and has been spurring commercial real estate transactions for decades. But that could change for high-income investors.
Updated: February 22, 2021
Retirement planning in the pandemic: Advisors counsel education, communication
Updated: February 22, 2021The pandemic has devastated retirement savings for many Mainers, but three investment advisors say it's not too late to regroup and replan in order to get back on track toward long-term financial goals.
Updated: February 22, 2021
Picture this: Art collectors keep Maine artists, dealers busy during pandemic
Updated: February 22, 2021Regardless of what motivates people to invest in art, it can have financial payoffs over time, as 2020 demonstrated for some Mainers. While the pandemic has affected the state's art scene, it remains vibrant.
Updated: February 22, 2021
Ask ACE: How to eliminate ‘Zoom gloom’
Updated: June 23, 2022A contributor from the Association for Consulting Expertise addresses a reader's question about how to keep audiences engaged in virtual presentations.
Updated: June 23, 2022
Maine credit unions raise record amount to fight hunger
February 12, 2021The Maine Credit Unions' Campaign for Ending Hunger raised $969,775 in 2020 for 260 food-based organizations, bringing the total to $10.4 million since the effort launched in 1990.
February 12, 2021
WEX to acquire HSA assets for $250M 'to better leverage investments'
February 12, 2021"This asset purchase expands WEX’s role in the attractive consumer-directed health care ecosystem and aligns with our growth strategy,” said Robert Deshaies, president of WEX’s Health division
February 12, 2021
One River CPAs acquires Augusta firm to help build audit practice
February 3, 2021The combined firm employs over 30 staff and expects annual revenues to be about $4 million. Further expansion may be on the horizon. "It's grow or die," said a One River director.
February 3, 2021
Portland financial firm unveils 5th acquisition in 2 years
Updated: January 27, 2021Foreside Financial Group LLC in Portland expects to complete the acquisition of Atlanta-based Capital Markets Compliance by Feb. 1. Financial terms were not disclosed.
Updated: January 27, 2021
Maine M&A experts predict deal momentum to pick up
Updated: January 25, 2021After some COVID-related disruptions to mergers and acquisitions last year, some Maine advisers expect a slow but steady pickup in deal activity this year.
Updated: January 25, 2021
On the Record: New SCORE chair brings A-lister experience to Portland startup community
Updated: January 25, 2021Jonathan Trumper, a former New York entertainment consultant, now heads the Portland chapter of the business mentoring nonprofit. He talked with Mainebiz about his new role and the area's potential for cultivating entrepreneurs.
Updated: January 25, 2021
Ask ACE: Is there a way to assemble an advisory team?
Updated: January 25, 2021A guest columnist from the Association for Consulting Expertise responds to a reader's question about the best way to create an advisory board, and its role in a growing company.
Updated: January 25, 2021First Bancorp posts 6.3% rise in annual earnings to record $27.1M
January 21, 2021Earnings at the Damariscotta-based parent company of First National Bank rose to a record $27.1 million, while a branch acquisition completed in December added about $23 million in loans and $19 million in deposits to its balance sheet.
January 21, 2021Maine lenders ready to begin new round of PPP loans, starting Friday
January 14, 2021After much anticipation, many lenders can begin processing loans through the renewed Paycheck Protection Program as early as Jan. 15.
January 14, 2021
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