Hartford Business Journal

August 23, 2021

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2 HARTFORDBUSINESS.COM | AGUST 23, 2021 Biz Briefs Whether securing your future or building one, experience counts. FMLCPAS.COM • 860-657-3651 Glastonbury • Enfield • New Haven Stamford • Stafford Springs The team of accountants and advisors at FML CPAs provide the expertise and insight to serve your company or your family at every stage of growth. T he Hartford is joining the ranks of major employers postponing their return-to-office plans in light of the spread of the COVID-19 delta variant. In a statement to the Hartford Business Journal, the company said its targeted Oct. 4 return-to-work date will be pushed out indefinitely. Company officials "will determine return timing when it is prudent to do so, based on guidance from public health experts at all levels of government," the company said. The Hartford also signaled that it will move to expand remote and hybrid work options even after some employees eventually return to their offices in an effort to increase flexibility and sustain productivity. "About half of our employees will continue to work remotely full-time, as they did before the pandemic," the company said. "Many of those who worked full-time in the office before the pandemic will move to a hybrid model, going to the office for purposeful activities that are better performed together and working remotely, if they prefer, for focused time to accomplish objectives." The Hartford delays return to office, says more employees will transition to hybrid schedule The Hartford's Asylum Hill headquarters in Hartford. Cromwell's Payveris to be acquired in $152M deal A West Coast provider of cloud- based bill pay technology has agreed to acquire Cromwell's Payveris for $152.2 million. Washington-based Paymentus Holdings Inc. said both companies' boards of directors have approved the planned buyout, which is expected to close in the third quarter of this year. About 56% of the purchase price will be paid in cash, they said, while the remaining 44% will be covered through Paymentus Class A common stock. Payveris, which got its start in Wethersfield in 2011, provides digital payment products to over 265 banks and credit unions. PHOTO | COSTAR Payveris LLC CEO Ron Bergamesca. PHOTO | CONTRIBUTED East Hartford approves Tesla service center East Hartford's Planning and Zoning Commission voted unanimously to approve Tesla's application to build an automotive service center, but potential buyers still will need to go out of state to purchase the electric cars and parts. After a recent public hearing in which all spoke in favor of the project, the PZC voted to revoke a permit approved in April and approve a new permit to build on the same lot at 300 Connecticut Blvd. Differences between the two applications include specifying under the new permit that the facility would not sell any new or used vehicles. The initial permit described the project as an "electric car showroom and service center," while the new permit refers to it as an "automotive service center facility." Thomas Rechen, a lawyer with McCarter & English representing Tesla, said the facility described in the new permit application would under no circumstances sell vehicles, parts or any other products and would only service vehicles. Joseph Villanova | Journal Inquirer HartfordBusiness.com | (860) 236-9998 Editorial Greg Bordonaro | Editor, ext. 139 gbordonaro@hartfordbusiness.com Sean Teehan | Staff Writer, ext. 145 steehan@hartfordbusiness.com Beats: Manufacturing, Startups & Entrepreneurs, Technology, Cannabis and Transportation Zachary Vasile | Web Editor, ext. 128 zvasile@hartfordbusiness.com Beat: Energy Michelle France | Staff Writer, ext. 127 mfrance@hartfordbusiness.com Beats: Health Care, Higher Education, Arts & Culture Tim Doyle | Lead Researcher Heide Martin | Research Assistant Steve Laschever | Photographer Business Tom Curtin | Publisher, ext. 124, tcurtin@hartfordbusiness.com Christina Zuraw | Events Coordinator, ext. 134, czuraw@hartfordbusiness.com David Hartley | Senior Accounts Manager, ext. 130, dhartley@HartfordBusiness.com Daniel Schilke | Senior Accounts Manager, ext. 135, dschilke@HartfordBusiness.com Valerie Clark | Director of Audience Development, ext. 332 vclark@nebusinessmedia.com Jill Coran | Human Resources Manager jcoran@nebusinessmedia.com Megan Mason | Operations Assistant, mmason@hartfordbusiness.com Production Christie Novotny | Production Director, ext. 147 cnovotny@hartfordbusiness.com Peter Stanton | CEO, pstanton@nebusinessmedia.com Tom Curtin | President, ext. 124, tcurtin@hartfordbusiness.com Mary Rogers | COO/CFO, mrogers@nebusinessmedia.com Subscriptions Annual subscriptions are $96.00. 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