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Business services providers use their specialized expertise to help enterprises streamline operations and cut costs. Furthermore, the demand for their offerings is rising as more clients outsource non-core functions, a trend that has enabled the industry to return 22.1% over the past six months. At the same time, the S&P 500 was up 16.6%.
LINK's higher revenues, stronger gross profit and narrower losses signal improving operations as acquisitions broaden its sensing portfolio.
Stride Consumer Partners LLC ("Stride" or the "Firm"), a growth-equity investment firm that focuses on passion brands in consumer products and services, today announced the final close of its second fund, Stride Consumer Fund II (the "Fund"), with $550 million of capital commitments, bringing the Firm's total assets under management to approximately $1.3 billion. The Fund was oversubscribed and reached its hard cap, closing 30 percent larger than Stride's debut fund, which closed in 2022 with $4
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