GoDaddy Inc., the company that empowers everyday entrepreneurs, today announced it has entered into an accelerated share repurchase agreement (ASR) with Goldman Sachs & Co. LLC to repurchase $250 million of GoDaddy's common stock. The ASR was entered into pursuant to GoDaddy's share repurchase program, under which approximately $750 million share repurchase authorization … [More]
Multiple Arizona Dentists Maximize Practice Value in $60 Million Group Sale
Menlo Dental Transitions is pleased to announce the successful aggregate sale of multiple Arizona dental practices to a dental partnership organization. The practice transitions brokerage assembled the large group of individual practice owners and represented the dentists collectively during the sale. An initial group of practices sold for $30 million on Aug. 6 with a second … [More]
Carvana to Invest Approximately $126M in Leading Insurtech Root, Inc.
Carvana, the leading e-commerce platform for buying and selling used cars, and Root, Inc. (NASDAQ: ROOT), the parent company of Root Insurance Company, the leading insurtech carrier, today announced an exclusive partnership to develop integrated auto insurance solutions for Carvana’s online car buying platform. In connection with the partnership, Carvana will invest … [More]
Tech Co. Receives AOAC Certification for the World’s First Quantitative Microarray Test for Cannabis
PathogenDx, Inc., an Arizona based technology company which has developed a multiplexed microarray-based pathogen testing platform, today announced that its QuantX Total Yeast and Mold test, the world's first quantitative microarray test for Cannabis, has received an AOAC® Performance Tested Methods SM (PTM) Certificate from the AOAC Research Institute, making PathogenDx the … [More]
Richmond America Homes and Oakwood Homes Purchase 372 Finished Residential Lots for Nearly $27.5M
Land Advisors Organization’s Homebuilding Team is pleased to announce the closing of nearly 80 acres in Cross Creek Ranch to Richmond America Homes and Oakwood Homes for nearly $27.5 million. The sale delivers 372 finished residential home lots and is the second of a two-phase sale to these builders in the Cross Creek Ranch community, located in Coolidge, Arizona. The first … [More]
Cawley Architects Transforms Lives with Phoenix Rescue Mission’s Much-Needed, Inspiring Life Recovery Building
Cawley Architects continues its mastery of designing projects that serve the needs of a community with a collaborative project at the Phoenix Rescue Mission – the Life Recovery Building at the Transforming Lives Center. In collaboration with the Phoenix Rescue Mission and its generous donors and general contractor GCON, Cawley Architects provided design expertise for the $9 … [More]
George Oliver Pockets $57M for Experiential Office Asset
Phoenix-based developer George Oliver Cos. has sold CASA, a 177,522-square-foot, experiential office redevelopment in Phoenix’s Uptown neighborhood. Macquarie Asset Management paid $56.5 million, or $312 per square foot, for the Class A asset, setting a new record for the Piestewa Peak submarket. JLL’s Benjamin Geelan and Brian Ackerman represented the seller. Initially … [More]
Physical Therapy Software Entrepreneur Launches Rizing Tide Foundation, Announces Scholarship Program to Promote Diversity & Inclusion in PT
Rizing Tide, a foundation dedicated to inspiring more diversity and inclusiveness in the physical therapy (PT) workforce, is proud to announce five scholarship opportunities for promising BIPOC students on the path to pursuing their Doctorate of Physical Therapy (DPT) or who will be attending a PT residency program. Scholarship recipients are selected by a committee and awarded … [More]
Collaboration Leverages Emerging Technologies to Advance Mobility Solutions, Emphasis on Safety and Efficiency
Cox Automotive Mobility, a division of Cox Automotive committed to advancing the world’s fleets to serve the next generation, will be joining the Institute of Automated Mobility (IAM), a public-private consortium established by Governor Ducey in 2018 to shape the future of transportation safety, science and policy. The collaboration will leverage emerging technologies to … [More]
Partners Close on Land Purchase for 1.7 Million Square Foot Logistics Development in Glendale, Arizona
Cresset Real Estate Partners and Clarius Partners have closed on the land acquisition for 303 Crossroads, a 1,758,410 square foot logistics development in Glendale, Arizona. The project will consist of two buildings to be built across two phases on land fronting Loop 303 and Northern Parkway in Glendale. Building one will be 1,023,610 square feet and is scheduled to be … [More]
More Than 5,200 Lots Are in the Development Pipeline for Local Homebuilder
Fulton Homes, Arizona's largest family-owned and -operated homebuilder, has continued to press forward with a flurry of parcel buys and development as economic indicators forecast a healthy market. Today, the Tempe-based homebuilder is providing details for plans on more than 5,200 of secured lots the company currently has in different stages of development in the local … [More]
SRP Becomes Tempe’s Newest and Second-Largest Equal Pay Business Partner
Salt River Project (SRP) will become the City of Tempe's next Equal Pay Business Partner. The community-based not-for-profit water and power company will be honored on Thursday, Aug. 12th at the Tempe City Council Virtual Work Study Session at 4 p.m. "I congratulate SRP on its commitment to ensuring equity for its workforce. It is companies like SRP that will enable our … [More]
Norton Adds New Features to Boost Safety as Parents Send Children Back to School
NortonLifeLock, a global leader in consumer Cyber Safety, today introduced new features to Norton Family that provide an easy, safe and secure way for parents to remotely supervise their children with location-based boundaries and alerts. “As children of all ages return to school in-person, many parents will want to be aware of their kids’ whereabouts as they spend more time … [More]
VIRTUAL EVENT – Aug 26: Diversity Career Expo Connects Job Seekers with Top Companies
One Community and BestCompaniesAZ Host Diversity, Equity, and Inclusion Virtual Career Fair One Community, a statewide business coalition, and BestCompaniesAZ is hosting a free virtual career fair for area job seekers. The Virtual Diversity Career Expo connects those looking for a job with top companies who value diversity, equity, and inclusion (DEI) initiatives within … [More]
Arizona OBGYN Affiliates Rebrands Practice, Announces Partnership with West Valley Women’s Care
Arizona OBGYN Affiliates, the largest integrated practice of OB-GYN physicians in Arizona, announced today its rebrand to Women’s Health Arizona and new strategic partnership with West Valley Women's Care, an esteemed practice with a legacy of serving the Phoenix community for almost 20 years. As a member partner of Women’s Health USA, a national leader in value-based … [More]
Buckeye and Peoria New Home Communities Sell Out
Landsea Homes Corporation, a publicly traded residential homebuilder, announced today that three of its premier Arizona communities have completely sold out, less than a year-and-a-half after opening. The communities include Farmstead at Harvest in Queen Creek, Sundance in Buckeye and Olive Grove in Peoria, Arizona. “The rapid sales we experienced at these communities was in … [More]
Earnhardt Kia Gets New Owner, First for Utah Automotive Co. in Arizona
Ken Garff Automotive Group has purchased Earnhardt Kia, which will become Ken Garff Kia effective today. “We have been interested for some time in expanding our dealership footprint into the Arizona market and are thrilled to now be present through this acquisition,” said John Garff, president of Ken Garff Enterprises. “When my grandfather founded Ken Garff Automotive Group … [More]
Lucid Expands Arizona Presence with Scottsdale Studio Location
Lucid Group, which is setting new standards with its luxury EVs, today announced the opening of its newest retail location – the Lucid Studio at Scottsdale Fashion Square – on Saturday, August 7. This location, the ninth in a growing network of Lucid Studios, is the first in Arizona and sits just 50 miles from the company’s Advanced Manufacturing Plant (AMP-1) in Casa Grande. … [More]
