JSI

Balance Point Announces its Investment in John Staurulakis, LLC

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목요일, 5월 9, 2024
JSI, Partnership, The New Jedi Order, Managed services, Acquisition, Telecommunications, Growth

WESTPORT, Conn., May 9, 2024 /PRNewswire/ -- Balance Point Capital Advisors, LLC ("Balance Point"), in conjunction with its affiliated funds, Balance Point Capital Partners IV, L.P., Balance Point Capital Partners V, L.P., and Balance Point Capital Partners VI, L.P., is pleased to announce its investment in John Staurulakis, LLC ("JSI", or the "Company"), a portfolio company of Stone-Goff Partners ("Stone-Goff"), a New York-based private equity investment firm focused on the lower middle market.

Key Points: 
  • WESTPORT, Conn., May 9, 2024 /PRNewswire/ -- Balance Point Capital Advisors, LLC ("Balance Point"), in conjunction with its affiliated funds, Balance Point Capital Partners IV, L.P., Balance Point Capital Partners V, L.P., and Balance Point Capital Partners VI, L.P., is pleased to announce its investment in John Staurulakis, LLC ("JSI", or the "Company"), a portfolio company of Stone-Goff Partners ("Stone-Goff"), a New York-based private equity investment firm focused on the lower middle market.
  • Balance Point provided debt capital to support a refinancing of JSI's existing credit facilities, fund a shareholder distribution and extended available capital for future acquisition activity.
  • "Balance Point is thrilled to partner with JSI and Stone-Goff as the Company embarks on its next phase of growth and continues to cement its position as the leading full-service consulting services provider to the rural telecom community" said Balance Point Partner Adam Sauerteig.
  • "Balance Point's flexibility, scale and understanding of JSI's business model were key to closing the transaction while providing runway for future growth."

National Implementation of Supportive Housing Initiative to Close the Gap on HIV-Related Inequities Outlined in the National HIV/AIDS Strategy

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화요일, 5월 7, 2024
University, JSI, GMHC, SPNS, HIV/AIDS Bureau, Corporation, Social isolation, Woman, SURE, Housing, Development aid, Arrest, Partnership, Violence, White, ART, Mental health, Community, MPH, University of Massachusetts Lowell, Homelessness, HIV, CSH, Queer, HRSA, Implementation, Organization, Imprisonment, Service, Nursing

The project will address the intersectionality among housing status, identification with one of the three priority populations, and HIV-related health outcomes.

Key Points: 
  • The project will address the intersectionality among housing status, identification with one of the three priority populations, and HIV-related health outcomes.
  • The project is funded through HRSA’s Ryan White HIV/AIDS Program Part F Special Projects of National Significance (SPNS) Program.
  • "This innovative initiative represents opportunities to integrate HIV care and behavioral health with housing interventions to improve health outcomes among priority populations of people with HIV."
  • Housing is a social determinant of health that has a substantial impact on HIV prevention and care outcomes .

Stone-Goff Partners Announces New Funding to Support Growth of JSI

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목요일, 5월 9, 2024
Technology, Finance, Fintech, Consulting, Engineering, Telecommunications, Professional Services, Manufacturing, Internet, VoIP, JSI, Partner, Partnership, The New Jedi Order, Acquisition, SGP, Growth

The new debt capital will support a refinancing of JSI’s existing credit facilities, fund a distribution and extend capital for future acquisition activity.

Key Points: 
  • The new debt capital will support a refinancing of JSI’s existing credit facilities, fund a distribution and extend capital for future acquisition activity.
  • "We’re excited to announce our partnership with Balance Point to support the continued growth of JSI," said Laurens Goff, co-founder and Managing Partner of SGP.
  • “Balance Point is thrilled for the opportunity to partner with both Stone-Goff and JSI,” said Adam Sauerteig, Partner at Balance Point.
  • “There continues to be significant tailwinds for growth in broadband and we have the utmost confidence that Tasos and JSI will remain ahead of the curve.”

JSI Store Fixtures Launches New Line of Environmentally Friendly Refrigerated Displays

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화요일, 2월 27, 2024
Other Retail, Manufacturing, Supermarket, HVAC, Food, Beverage, Other Manufacturing, Green Technology, Retail, Environment, Machinery, Sustainability, HFC, JSI, LSI, Multimedia, Hydrofluorocarbon, Research, SNAP, Chlorofluorocarbon, GWP, Renewable energy

JSI Store Fixtures, an LSI Industries Inc. company (Nasdaq: LYTS), shipped its first order of refrigerated retail displays featuring environmentally friendly R290 refrigerant this month.

Key Points: 
  • JSI Store Fixtures, an LSI Industries Inc. company (Nasdaq: LYTS), shipped its first order of refrigerated retail displays featuring environmentally friendly R290 refrigerant this month.
  • JSI was well positioned to implement this new method in its store fixtures and to provide customers with an exciting, innovative, and environmentally sound solution to improve the environment.
  • JSI is committed to transitioning away from CFCs, HCFCs and HFCs to more environmentally friendly natural refrigerants such as R290 propane.
  • JSI established a new manufacturing site for research and development of next generation, environmentally friendly products to continue innovating industry-leading solutions.

LSI Industries Reports Fiscal 2024 Second Quarter Results and Declares Quarterly Cash Dividend

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목요일, 1월 25, 2024
Interior Design, Engineering, Manufacturing, Commercial Building & Real Estate, Construction & Property, Other Manufacturing, JSI, Accounting, Lighting, Refrigeration, Grocery store, Adjustment, TTM, LSI, Environment, Sale, Investment, Acceleration, QSR, FTC, Retail

LSI Industries Inc. (Nasdaq: LYTS, “LSI” or the “Company”) a leading U.S. based manufacturer of commercial lighting and display solutions, today reported financial results for the fiscal 2024 second quarter ended December 31, 2023.

Key Points: 
  • LSI Industries Inc. (Nasdaq: LYTS, “LSI” or the “Company”) a leading U.S. based manufacturer of commercial lighting and display solutions, today reported financial results for the fiscal 2024 second quarter ended December 31, 2023.
  • The Company generated free cash flow of $7.3 million in the second quarter, or nearly $44.0 million on a trailing twelve-month basis.
  • At the end of the second quarter, LSI had cash and availability on its credit facility totaling $103 million.
  • The Company declared a regular cash dividend of $0.05 per share payable on February 13, 2024, to shareholders of record on February 5, 2024.

Janus Henderson Launches Securitized Income Exchange Traded Fund

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목요일, 11월 9, 2023
Banking, Asset Management, Professional Services, Finance, Janus, Innovation, ETF, Mortgage Credit Directive, AAA, AUM, BBB, Lisp (programming language), Growth, Fund, JSI, CFA, CMBS, JAAA, Janus Henderson, ABS, Insurance, Financial adviser, Bloomberg

Investors are generally underexposed to securitized credit and JSI offers direct exposure to key areas of the securitized markets that investors otherwise wouldn't have the ability to access,” said John Kerschner, Head of U.S. Securitized Products and Portfolio Manager on the Fund at Janus Henderson.

Key Points: 
  • Investors are generally underexposed to securitized credit and JSI offers direct exposure to key areas of the securitized markets that investors otherwise wouldn't have the ability to access,” said John Kerschner, Head of U.S. Securitized Products and Portfolio Manager on the Fund at Janus Henderson.
  • Janus Henderson is a pioneer in providing innovative fixed income solutions designed to meet clients’ long-term objectives.
  • JSI will complement Janus Henderson’s suite of actively managed fixed income ETFs, including the Janus Henderson AAA CLO ETF (JAAA), the industry’s fastest growing active fixed income ETF in the last three years,* which offers floating rate exposure to CLOs primarily rated AAA.
  • It also includes the Janus Henderson Mortgage-Backed Securities ETF (JMBS), which invests primarily in high-quality agency mortgage-backed securities, the global Janus Henderson Short Duration Income ETF (VNLA), which seeks to deliver returns above cash with low volatility across rate environments, and the Janus Henderson B-BBB CLO ETF (JBBB), which offers floating rate exposure to CLOs primarily rated BBB.

LSI Industries Reports Fiscal 2024 First Quarter Results and Declares Quarterly Cash Dividend

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수요일, 11월 1, 2023
Manufacturing, Other Manufacturing, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Digital, National Association, QSR, LSI, Crime, Ozone, EV, Convenience, EBITDA, National Association of Convenience Stores, R290, Sharp NEC Display Solutions, Segment, Environment, Growth, Lighting, Digital signage, JSI, NACS, Grocery store, TTM, Display, Video game, Bank, Management, Retail, Warehouse

LSI Industries Inc. (Nasdaq: LYTS, “LSI” or the “Company”) a leading U.S. based manufacturer of commercial lighting and display solutions, today reported financial results for the fiscal 2024 first quarter ended September 30, 2023.

Key Points: 
  • LSI Industries Inc. (Nasdaq: LYTS, “LSI” or the “Company”) a leading U.S. based manufacturer of commercial lighting and display solutions, today reported financial results for the fiscal 2024 first quarter ended September 30, 2023.
  • LSI reported Adjusted EBITDA of $15.1 million in the fiscal first quarter, an increase of 13% versus the prior-year period.
  • “Over the last year LSI has generated more than $45 million in free cash flow, including more than $9 million in the fiscal first quarter.
  • Shipment activity will begin in late fiscal second quarter and be complete by the end of the fiscal third quarter.

Luna Innovations Names George Gomez-Quintero as Chief Financial Officer

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화요일, 10월 17, 2023
Government Technology, Aerospace, Satellite, Manufacturing, Defense, Photography, Nanotechnology, Audio, Video, Other Technology, Other Defense, Telecommunications, Software, Networks, Hardware, Electronic Design Automation, Consumer Electronics, Technology, Mobile, Wireless, Military, Senior, Time Warner Cable, De Graeff, JSI, Internet, Credit, Culture, Bank statement, Gene, Treasury, XFL, Adjustment, Growth, Iona University, Cornell University, Procurement, Intelsat, Corporate finance, Reaffirmation agreement, CFO, GAAP, Director of credit and collections, Cryptocurrency, Management, Beauty salon, Finance

Luna Innovations Incorporated (NASDAQ: LUNA), a global leader in advanced fiber optic-based technology, announced that George Gomez-Quintero is joining the company as Chief Financial Officer (CFO) today.

Key Points: 
  • Luna Innovations Incorporated (NASDAQ: LUNA), a global leader in advanced fiber optic-based technology, announced that George Gomez-Quintero is joining the company as Chief Financial Officer (CFO) today.
  • Mr. Gomez-Quintero will lead Luna’s Finance organization and represent Luna in communications with investors, lenders and rating agencies.
  • Prior to Intelsat, Gomez-Quintero was the Chief Operating Officer at JSI, a leader in broadband solutions and consulting.
  • He was instrumental in implementing financial systems for Luna and helping us strengthen our bench of financial talent,” Graeff said.

LSI Industries Reports Fiscal 2023 Fourth Quarter and Full-Year Results and Declares Quarterly Cash Dividend

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목요일, 8월 17, 2023
Residential Building & Real Estate, Commercial Building & Real Estate, Manufacturing, Construction & Property, Landscape, Interior Design, Building Systems, Architecture, Other Manufacturing, Other Construction & Property, Machine Tools, Metalworking & Metallurgy, Yoy, EV, QSR, Sharp NEC Display Solutions, GAAP, Lighting, JSI, TTM, EBITDA, Acquisition, Fixture, LSI, Growth, Phase, Adjustment, Cardboard, Video game, Music, Security (finance)

LSI Industries Inc. (Nasdaq: LYTS, “LSI” or the “Company”) a leading U.S. based manufacturer of commercial lighting and display solutions, today reported financial results for its fiscal 2023 fourth quarter and full year ended June 30, 2023.

Key Points: 
  • LSI Industries Inc. (Nasdaq: LYTS, “LSI” or the “Company”) a leading U.S. based manufacturer of commercial lighting and display solutions, today reported financial results for its fiscal 2023 fourth quarter and full year ended June 30, 2023.
  • Free cash flow increased to $15.6 million in the fiscal fourth quarter, with free cash flow conversion exceeding 100% in the period.
  • Free cash flow for the fiscal year was $46.4 million, with the fourth quarter the highest cash generative quarter of the fiscal year.
  • “Our solid fourth quarter performance completes a successful fiscal 2023 for LSI.

Stone-Goff Portfolio Company JSI Announces Michele Friedman as New Chief Operating Officer

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목요일, 8월 10, 2023
Professional Services, Business, Technology, Telecommunications, Finance, Asset Management, Consulting, Digital divide, Operation, Communication, Discovery, Inc., JSI, Partner, Growth, Accenture, Sales

JSI, a leading national provider of regulatory, compliance, and management consulting services to fast-growing telecommunications providers, today announced the hiring of Michele Friedman as Chief Operating Officer.

Key Points: 
  • JSI, a leading national provider of regulatory, compliance, and management consulting services to fast-growing telecommunications providers, today announced the hiring of Michele Friedman as Chief Operating Officer.
  • JSI is a portfolio company of Stone-Goff Partners, a lower middle-market private equity firm investing in technology-driven, business-to-business service companies.
  • "The telecommunications industry continues to undergo significant transformation, and Michele’s appointment as COO is an important milestone in our ongoing growth and success,” said Tasos Tsolakis, Chief Executive Officer of JSI.
  • “I'm honored to be working with a trusted industry leader assisting rural community broadband providers to close our country's digital divide,” said Ms. Friedman.