
Blackstone-Backed FTV Invests in Compliance Platform FundApps
The Blackstone Inc. -backed firm is providing a significant growth equity investment to FundApps, according to a statement reviewed by Bloomberg News. The deal values the compliance monitoring platform at about $500 million, people familiar with the matter said, asking not to be identified as the information is private.

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36 minutes ago
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Plans for 62-bed care home and assisted living village at former garden centre
PLANS have been lodged to build a 62-bed care home with 48 assisted care properties at an abandoned garden centre. Care South, a not-for-profit care provider, has applied to BCP Council to approve a full planning application seeking the redevelopment of the former Oaks Garden Centre as a care village. Located off Queen Anne Drive in Merley, the plans include older persons accommodation with specialist residential care and dementia care facilities. A design and access statement prepared by Corstorphine & Wright, on behalf of Care South, said: 'The redevelopment would make the best use of a brownfield site within the green belt to help fulfil the urgent need for specialised older persons' accommodation in the local area. 'The site would also meet the definition of a 'grey belt' site as defined in the latest version of the National Planning Policy Framework." Care South acquired the former Oaks Garden centre site in 2023 with the purpose of redeveloping it to provide a range of accommodation for older people with care to serve the local area. The care provider has an existing portfolio of 15 care homes, eight of which are located in the Bournemouth, Poole and the Ringwood area. The site is located on the southern side of Queen Anne Drive adjacent to the urban area of Merley. It connects to Gravel Hill to the west and Ringwood Road to the east. The site covers 1.64ha hectares and is categorised as previously developed land within the green belt The site has two existing vehicular accesses from Queen Anne Drive, which previously served the garden centre. The site has a lengthy planning history, with past permissions for uses including retail, business, scaffolding storage, and various structures now deemed lawful through long-term use. In recent years, unauthorised activities such as car sales, coach repairs and vehicle washing led to complaints and enforcement action. Care South purchased the site in 2023, and it is now vacant. The applicant says the proposed redevelopment offers a chance to meet local need and improve the appearance of the area. Adding: 'The proposal will provide much needed accommodation and will improving the aesthetic approach to Merley.'
Yahoo
42 minutes ago
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Capital Investments At Objective (ASX:OCL) Point To A Promising Future
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. One common approach is to try and find a company with returns on capital employed (ROCE) that are increasing, in conjunction with a growing amount of capital employed. Basically this means that a company has profitable initiatives that it can continue to reinvest in, which is a trait of a compounding machine. That's why when we briefly looked at Objective's (ASX:OCL) ROCE trend, we were very happy with what we saw. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. Understanding Return On Capital Employed (ROCE) Just to clarify if you're unsure, ROCE is a metric for evaluating how much pre-tax income (in percentage terms) a company earns on the capital invested in its business. To calculate this metric for Objective, this is the formula: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.36 = AU$39m ÷ (AU$176m - AU$67m) (Based on the trailing twelve months to December 2024). Therefore, Objective has an ROCE of 36%. That's a fantastic return and not only that, it outpaces the average of 14% earned by companies in a similar industry. Check out our latest analysis for Objective Above you can see how the current ROCE for Objective compares to its prior returns on capital, but there's only so much you can tell from the past. If you'd like, you can check out the forecasts from the analysts covering Objective for free. The Trend Of ROCE Objective deserves to be commended in regards to it's returns. The company has employed 161% more capital in the last five years, and the returns on that capital have remained stable at 36%. With returns that high, it's great that the business can continually reinvest its money at such appealing rates of return. If these trends can continue, it wouldn't surprise us if the company became a multi-bagger. Our Take On Objective's ROCE Objective has demonstrated its proficiency by generating high returns on increasing amounts of capital employed, which we're thrilled about. Therefore it's no surprise that shareholders have earned a respectable 85% return if they held over the last five years. So while investors seem to be recognizing these promising trends, we still believe the stock deserves further research. Before jumping to any conclusions though, we need to know what value we're getting for the current share price. That's where you can check out our that compares the share price and estimated value. If you'd like to see other companies earning high returns, check out our free list of companies earning high returns with solid balance sheets here. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data


Washington Post
an hour ago
- Washington Post
US-EU trade deal wards off further escalation but will raise costs for companies, consumers
FRANKFURT, Germany — President Donald Trump and European Commission President Ursula von der Leyen have announced a sweeping trade deal that imposes 15% tariffs on most European goods, warding off Trump's threat of a 30% rate if no deal had been reached by Aug. 1. The tariffs, or import taxes, paid when Americans buy European products could raise prices for U.S. consumers and dent profits for European companies and their partners who bring goods into the country.