All posts by Preta Peace Namasaba

News

How these friends turned a casual conversation at a barbecue into a $2 billion dollar firm

With over $2.2 billion in assets under management, GenNx360 Capital Partners is one of the nation’s largest Black-owned private equity firms. The New York based firm focuses on acquiring middle-market business services and industrial companies…

By Preta Peace Namasaba November 3, 2024
Business

How Dr. Kofi Smith, an aspiring NFL player became president and CEO of the world’s busiest airport

Hartsfield-Jackson Atlanta International Airport – named after Maynard Jackson, the first Black mayor of Atlanta and of any major city in the South, is the busiest and most efficient airport in the world. It generates…

By Preta Peace Namasaba October 26, 2024
Business

How Shaquille O’Neal and his son Shareef are restructuring Reebok’s basketball division

Shaquille O’Neal is many things- a sports analyst, podcast host, rapper, music producer, touring DJ, movie star, and entrepreneur. Last year, the four-time NBA champion added another title to his resume; President of Basketball at Reebok.…

By Preta Peace Namasaba October 23, 2024
Business

Black Canadian founder Claudette McGowan makes history raising $7.2 million for AI-powered cybersecurity firm

Black Canadian founder Claudette McGowan has made history with the close of $7.2 million (CA$10 million) Series A for her AI-Powered cybersecurity firm Protexxa. She now holds the record for the largest amount raised by…

By Preta Peace Namasaba September 2, 2024

More posts by Preta Peace Namasaba

Business

Robert F. Smith’s Vista Equity Partners acquires JAGGAER after raising $20 billion to invest in AI

Robert F. Smith’s Vista Equity Partners has acquired JAGGAER, a global leader in enterprise procurement and supplier collaboration software, from Cinven. The acquisition aligns with the firm’s goal of investing in artificial intelligence after raising…

Business

Slutty Vegan founder Pinky Cole gifts two longtime employees their own restaurant

To celebrate Slutty Vegan’s 6th anniversary, its founder and CEO, Pinky Cole Hayes has rewarded two of her longtime employees, Angel Barnwell and Miesha Hambrick with their own franchise. The two women have been crucial…

By Preta Peace Namasaba August 26, 2024
News

These 4 Black owned businesses generate over $1 billion in annual revenue each

Black business ownership is growing at the fastest pace in 30 years. According to data from the Federal Reserve’s Survey of Consumer Finances, the share of Black households owning a business has more than doubled,…

Thrive

Top 10 in-demand remote jobs paying at least 100k salaries

The pandemic unequivocally changed how we work. It shook up the traditional workplace setup and ushered in the remote work era. According to the Pew Research Center, approximately 22 million employed adults in the U.S.…

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