Warburg Pincus

Perfios Technology Solutions Titled Indonesia Winner of Zurich Innovation Championship for Health Claims Analytics Solution

Retrieved on: 
木曜日, 5月 23, 2024

By winning this prestigious competition, Perfios has established itself as a key player in shaping the insurance industry through impactful solutions.

Key Points: 
  • By winning this prestigious competition, Perfios has established itself as a key player in shaping the insurance industry through impactful solutions.
  • Amitabh, Chief Business Officer, Perfios Insurance International stated: "We are honored to receive this recognition from Zurich Asuransi Indonesia.
  • Winning the Zurich Innovation Championship aligns perfectly with Perfios' mission to empower insurers with innovative, reliable technology.
  • Perfios Acclaim aims to expand its impact across Asia and further solidify its presence as a leader in the insurance technology space.

Inverness Graham Strengthens its Value Creation Group with the Addition of Two Seasoned Operating Executives

Retrieved on: 
金曜日, 4月 19, 2024

Building upon the firm’s 60+ year operating heritage, VCG is now 12 professionals strong and is purposely resourced for partnering with founder-owners in the lower middle market.

Key Points: 
  • Building upon the firm’s 60+ year operating heritage, VCG is now 12 professionals strong and is purposely resourced for partnering with founder-owners in the lower middle market.
  • Tonya serves as a Financial Operating Partner leading VCG’s business visibility function.
  • “We are excited to welcome Tonya and Jeff to the Inverness Graham team and Value Creation Group,” said Trey Sykes, Managing Principal at Inverness Graham.
  • We are confident that they will be strong contributors to Inverness Graham’s portfolio company value creation efforts and longstanding culture of continuous improvement.”

A-LIGN Names Michael Branca as Chief Financial Officer

Retrieved on: 
月曜日, 4月 8, 2024

TAMPA, Fla., April 8, 2024 /PRNewswire/ -- A-LIGN, the leading provider in cybersecurity compliance, has appointed Michael Branca as Chief Financial Officer (CFO).

Key Points: 
  • TAMPA, Fla., April 8, 2024 /PRNewswire/ -- A-LIGN, the leading provider in cybersecurity compliance, has appointed Michael Branca as Chief Financial Officer (CFO).
  • Branca previously served as A-LIGN's CFO from 2020 to 2022, where he led Warburg Pincus and FTV Capital's strategic investment in A-LIGN .
  • Branca rejoined A-LIGN as interim CFO in Q4 of 2023 as the firm reinforced its position as the leader in high-quality, efficient audit services.
  • Branca returns to A-LIGN's leadership team during a crucial time for the company, which resulted in record-breaking sales in Q1 2024.

Weave Living and KKR Establish Urban Living Strategic Partnership in South Korea

Retrieved on: 
火曜日, 3月 26, 2024

WEAVE LIVING (“Weave”), Asia Pacific’s preeminent living sector specialist, and KKR, a leading global investment firm, today announced the establishment of a strategic partnership to invest in rental housing assets in South Korea, with a focus on Seoul.

Key Points: 
  • WEAVE LIVING (“Weave”), Asia Pacific’s preeminent living sector specialist, and KKR, a leading global investment firm, today announced the establishment of a strategic partnership to invest in rental housing assets in South Korea, with a focus on Seoul.
  • View the full release here: https://www.businesswire.com/news/home/20240325866051/en/
    Cityscape at Night in Seoul, South Korea (Photo courtesy of Freepik)
    This transaction marks KKR’s first investment program in the rental housing sector in South Korea.
  • The portfolio of assets will operate under the Weave Living brand umbrella, and Weave intends to offer its full repertoire of brand options which includes four consumer brands — WEAVE STUDIOS, WEAVE PLACE, WEAVE SUITES and WEAVE RESIDENCES — to renters in South Korea to cater to the diverse needs of prospective tenants.
  • Together, we look forward to leveraging our respective skills to expand this strategic partnership to better serve our tenants over the long term.”
    Sachin Doshi, Founder and Group CEO of WEAVE LIVING said: “Weave is excited to join forces with KKR to establish a foothold in the dynamic living sector in South Korea.

SuperReturn CFO/COO North America Brings Chief Financial Officers, Chief Technology Officers, Chief Operating Officers, Chief Compliance Officers and Chief Risk Officers in Private Equity to Chicago for 2-Day Event

Retrieved on: 
木曜日, 3月 28, 2024

CHICAGO, March 28, 2024 /PRNewswire/ -- Over 200 senior operations and finance leaders are expected at SuperReturn CFO/COO North America, a private equity operations event for C-suite leaders.  The curated agenda features keynote speakers and panelists covering the hottest topics.  The event allows industry attendees lots of networking time with their peers and industry experts, in-person and online, to openly examine private capital challenges and opportunities.

Key Points: 
  • The event allows industry attendees lots of networking time with their peers and industry experts, in-person and online, to openly examine private capital challenges and opportunities.
  • SuperReturn CFO/COO North America is North America's private equity operations and compliance event for C-suite leaders.
  • "Our event program focuses on building powerful connections within the private equity industry," says Eleanor Halsey, Head of Production, Informa Connect.
  • In addition to sessions and networking opportunities , SuperReturn CFO/COO North America's Quickfire Showcase offers 10-minute tech showcases of best-in-class offerings.

Sotera Health Announces Pricing of Secondary Offering

Retrieved on: 
水曜日, 2月 28, 2024

CLEVELAND, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Sotera Health Company (Nasdaq: SHC) (the “Company”) today announced the pricing of its secondary offering (the “Offering”) of 25,000,000 shares of its common stock, par value $0.01 per share, at a price to the public of $14.75 per share.

Key Points: 
  • CLEVELAND, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Sotera Health Company (Nasdaq: SHC) (the “Company”) today announced the pricing of its secondary offering (the “Offering”) of 25,000,000 shares of its common stock, par value $0.01 per share, at a price to the public of $14.75 per share.
  • The Company is not offering any shares in the Offering and will not receive any of the proceeds from the Offering.
  • The Company has agreed to pay certain Offering expenses consistent with its obligations under its Amended and Restated Registration Rights Agreement.
  • Barclays, RBC Capital Markets and Santander US Capital Markets LLC are acting as joint book-running managers for the Offering.

Sotera Health Announces Secondary Offering of Common Stock

Retrieved on: 
火曜日, 2月 27, 2024

CLEVELAND, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Sotera Health Company (the “Company”) today announced the launch of a secondary offering (the “Offering”) of 25,000,000 shares of its common stock, par value $0.01 per share.

Key Points: 
  • CLEVELAND, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Sotera Health Company (the “Company”) today announced the launch of a secondary offering (the “Offering”) of 25,000,000 shares of its common stock, par value $0.01 per share.
  • In addition, the selling stockholders have granted the underwriters a 30-day option to purchase up to an additional 3,750,000 shares of common stock.
  • The Company is not offering any shares in the Offering and will not receive any of the proceeds from the Offering.
  • The Company will pay the expenses of the Offering pursuant to its obligations under its Amended and Restated Registration Rights Agreement.

K2 Insurance Services Appoints Richard Coello as CEO of K2 Group Holdings Limited (K2 International)

Retrieved on: 
火曜日, 2月 27, 2024

K2 Insurance Services , a leading independent specialty insurance program manager, announces today the appointment of Richard Coello as CEO of K2 Group Holdings Limited (K2 International), taking effect on March 1, 2024.

Key Points: 
  • K2 Insurance Services , a leading independent specialty insurance program manager, announces today the appointment of Richard Coello as CEO of K2 Group Holdings Limited (K2 International), taking effect on March 1, 2024.
  • Coello has a successful track record of building underwriting businesses having established K2 Financial from startup to a $65M premium business over the last decade and more recently adding additional products to the Fintech and US direct markets.
  • Coello has co-managed the K2 International business with David Carson, since it was acquired by K2 Insurance Services in May of 2020 and provided guidance through the recent acquisition by Warburg Pincus.
  • I am looking forward to meeting the next generation of underwriting talent and providing them with the infrastructure necessary to build their own successful businesses.”

Introducing Dara by Sagent, The Future-of-Mortgage Servicing Platform That Can Lower Costs 40%

Retrieved on: 
水曜日, 2月 21, 2024

Dara can lower servicer operational costs by up to 40%,* and will start going live for customers in 2024.

Key Points: 
  • Dara can lower servicer operational costs by up to 40%,* and will start going live for customers in 2024.
  • “Dara by Sagent is mortgage servicing done right all in one root system,” said Sagent Chief Technology Officer Uday Devalla.
  • Dara Movement – Servicing data standards and document management power lightning-fast onboarding, both flow and bulk, and comprehensive bidding due diligence.
  • Third-party analysis shows that Dara offers material lift for servicer operations, with as much as 40% in cost-per-loan reductions across 13 areas of mortgage servicing.

Simtra BioPharma Solutions Announces $250+ Million Investment to Expand Sterile Fill/Finish Manufacturing Site in Bloomington, Indiana

Retrieved on: 
水曜日, 2月 28, 2024

PARSIPPANY, N.J., Feb. 28, 2024 /PRNewswire/ -- Simtra BioPharma Solutions (Simtra), a premier injectable contract development and manufacturing organization (CDMO), today announced a $250+ million expansion of its sterile fill/finish manufacturing campus in Bloomington, Indiana.

Key Points: 
  • Expansion designed to meet customers' growing demand and need for development services, clinical and commercial manufacturing capacity
    PARSIPPANY, N.J., Feb. 28, 2024 /PRNewswire/ -- Simtra BioPharma Solutions (Simtra), a premier injectable contract development and manufacturing organization (CDMO), today announced a $250+ million expansion of its sterile fill/finish manufacturing campus in Bloomington, Indiana.
  • ...This expansion is the latest in a series of strategic, long-term investments to ensure that Simtra continues to grow with and for our customers."
  • The expansion will also include the addition of a dedicated clinical line equipped to support our growing development/clinical business.
  • For more information about Simtra BioPharma Solutions, please visit www.simtrabps.com