Philadelphia Business Journal

Bentley Systems Inc., an Exton software company founded by a team of five brothers 36 years ago, reached a milestone Wednesday when it debuted on the Nasdaq stock exchange. Shares opened at $22 and shot up more than 52% to close at $33.49.

The company, a maker of leading software applications for engineers who design large infrastructure projects like the new Tappan Zee Bridge in New York —  raised more than $235 million in its IPO under the ticker symbol BSY.

Unlike other IPOs, where a company issues new shares in order to raise cash and fuel expansion, Bentley Systems is only selling shares already owned by its more than 4,000 employees. The idea is to reward those employees with liquidity, CEO Greg Bentley said, after they helped the company get to where it is today.

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The North Wildwood Irish Weekend Festival has been belated a year but, you can watch Irish themed TV content including Irish American Films’ North Wildwood Irish Weekend Festival TV Special and several other documentaries and tv specials by clicking the links embedded below:
– North Wildwood Irish Fall Festival (Irish Weekend) Out and About USA Irish TV Episode: https://www.youtube.com/watch?v=8G1731vmi_s&t=8s%5D
– History of The Philadelphia St. Patrick’s Day Parade Documentary Film Free Online: https://www.youtube.com/watch?v=Ro7iAzLuIIA
– Our Duffy’s Cut Documentary Film “The Cut” is now available to view online for a limited time for free at:
– Irish American Vietnam Combat Veteran Jim Kirlin PTSD Episode Online:
– Irish American Business Chamber 20th Anniversary Video and Public TV Show: https://www.youtube.com/watch…
– Marty Magee’s 10th Anniversary Public TV Special:https://www.youtube.com/watch?v=fshnNn6Z6cQ&t=5s

Independence Blue Cross CEO Dan Hilferty retiring at end of 2020; company names successor
Philadelphia Business Journal

Independence Health Group CEO Daniel J. Hilferty will retire from the position on Dec. 31, ending a 10-year run in which he’s overseen a wave of growth at the region’s dominant insurer and emerged as one of Greater Philadelphia’s most influential business leaders.

Gregory E. Deavens, currently executive vice president, CFO and treasurer of Independence, will assume the role of president and CEO effective Jan 1. Hilferty, 64, will remain in an advisory capacity through the end of 2022.

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Neumann receives $1.3M grant to support low-income, first-generation students
Delco Times

ASTON — The U.S. Department of Education has awarded Neumann University a grant of $1.3 million to fund a Student Support Services program, which will provide academic and other support services to low-income, first-generation students and students with disabilities.

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Jefferson Health unveils plans for $762M Specialty Care Pavilion in Center City
John George, Philadelphia Business Journal

Thomas Jefferson University and Jefferson Health unveiled plans Thursday to build a $762 million, 19-floor medical building in Center City.

The Specialty Care Pavilion at 11th and Chestnut streets will centralize an array of clinical services at one site.

“This spectacular new center is our bridge to the future, where we’ll create the nation’s first model of health assurance,” said Dr. Stephen K. Klasko, president of Thomas Jefferson University and CEO of Jefferson Health. “People want to be supported in staying healthy without health care getting in the way.”

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