Cover Stories
Venture capital on pace for record year
By Brice Wallace A venture capital group recently put a spotlight on Utah’s VC ecosystem, but that ecosystem already was shining on its own. Statistics discussed during a National Venture Capital Association webinar indicate that, like the nation as a whole, Utah’s VC realm is on a path to top recent records for the number of deals and the...Huntsman: Social media source of bad info on cancer
A new study headed by Dr. Skyler Johnson of Salt Lake City’s Huntsman Cancer Institute (HCI) and published in the Journal of the National Cancer Institute found that one-third of the most popular cancer treatment articles on social media contain misinformation. The report also concluded that the vast majority of that misinformation has the...Traeger sets target for its IPO at 23.5 million shares & $400 million
Traeger Grills has announced the planned terms of its upcoming initial public offering. Salt Lake City-based TGPX Holdings I, the corporate entity of Traeger, plans to raise $400 million by offering 23.5 million shares at a price range of $16 to $18. The offering would be for about 9 million shares of new common stock plus 14.5 million shares...
This Week's Headlines
Law Focus
YOUR ROLE IN YOUR CLIENTS' CYBERSECURITY When attorneys' clients turn to them for help with cybersecurity, it's important they understand the best practices to reduce risk By Bahar Ferguson Recent...Outdoor event firm bought by Logan's iFIT
Fitness software, content and equipment company iFIT, based in Logan, has acquired 29029, an Atlanta-based event management company that organizes and manages outdoor activities such as hiking and...Robotic Skies moves to Utah
Robotic Skies Inc., a commercial drone maintenance and repair services company, has moved its headquarters from Albuquerque, New Mexico, to Salt Lake City. The facility centralizes company...McKinley named Elevar CEO
Elevar Therapeutics Inc., a Salt Lake City-based biopharmaceutical company, has announced that its board of directors has named Kate McKinley, who has served as the company’s chief commercial...Reproductive Care Center joins Boston IVF
Boston IVF, a Waltham, Massachusetts-based reproductive healthcare provider and research company, has acquired Utah-based Reproductive Care Center. With locations in Salt Lake City; Sandy; Layton...GBS expands executive team, names Nelson CEO
GBS Benefits has named Daniel A. Nelson as the compnay’s new CEO. Based in Salt Lake City, GBS is a provider of employee benefits solutions. Nelson was the former CEO of Travel Pass Group and...Audio streaming service launches, 'Like TV with better pictures'
Dramafy, a new audio streaming company, has launched its service from its Park City headquarters. Featuring contemporary and classic audio dramas, the service streams from its website,...Contribution margin analysis: An overlooked tool for profitable decision-making
By Richard Tyson Over my 31 years working with CEOs, virtually all of my clients have expressed a desire to make more money. For those with multiple products, the math has generally seemed quite...CORPORATE FINANCIAL REPORTS
The following are recent financial reports as posted by selected Utah corporations: Qualtrics Qualtrics, based in Provo and Seattle, reported a net loss of $263.5 million, or 51 cents per share,...New job? How to transition to a new leadership role
By Angela Civitella Starting a new job can be daunting to say the least. You are the new kid. All eyes are on you. Work culture? Don’t know. Social culture? Who knows? Policies and procedures?...U.K. firm buys Braintrace
Salt Lake City cybersecurity company Braintrace has been purchased by Oxford, England-based Sophos. Sophos expects Braintrace’s proprietary network detection and response technology (NDR) to...Succeeding in Your Business: Here are my 14 rules for billing your clients
By Cliff Ennico A couple of weeks ago, I wrote a column with “25 Rules for Better, Happier Clients.” I frankly thought it was just common sense, but I have received a torrent of emails from...Different phases in your operating cycle call for different financial solutions
By Brandon Meredith Your business is unlike any other. Yet many Utah companies, including manufacturing, wholesaling, retailing and professional services firms, go through several phases in their...YOUR ROLE IN YOUR CLIENTS' CYBERSECURITY
When attorneys' clients turn to them for help with cybersecurity, it's important they understand the best practices to reduce risk By Bahar Ferguson Recent surveys published by the Association of...Understanding the Utah law that would protect homes & assets from creditors in litigation
By Randy Hahn Utahns love their homes and families and invest a large percentage of their assets to purchasing, updating and maintaining their homes — the center of family life. And many plan to...Documentation: Key to preventing and winning construction claims
By Kent Scott Both practically and legally, a picture is worth a thousand words. Actually, a picture may be worth thousands of dollars. In both the construction and legal industries, attempting to...DIVORCE: Employee support programs should contain an educational element for workers facing family changes
By Diana Telfer Before becoming a family law attorney, I worked in the business sector for 15 years. Most of my colleagues believed they successfully separated their personal and professional...Industry Briefs 8-2-21
Industry Briefs are provided as a free service to our readers. Company news information may be sent to brice@slenterprise.com. The submission deadline is one week before publication....Research: Motorists cut driving nearly in half in early stages of COVID-19 pandemic
New research from the AAA Foundation for Traffic Safety’s New American Driving Survey showed the average number of all daily car trips at the start of the pandemic early last year dropped by 45...Doctors encourage Utahns to get vaccine for teens despite rare heart inflammation
Doctors in Utah are encouraging parents to get their children older than 12 vaccinated for the COVID-19 virus. In a recent virtual news conference, two pediatricians urged parents to take the...
