Monte

MONOGRAM CAPITAL PARTNERS ACQUIRES MAJORITY STAKE IN TRU FRAGRANCE & BEAUTY

Retrieved on: 
Tuesday, April 2, 2024

NEW YORK and WILLOWBROOK, Ill., April 2, 2024 /PRNewswire/ -- Monogram Capital Partners, a Los Angeles-based private equity firm that invests in consumer brands and services companies, has acquired a majority stake in Tru Fragrance & Beauty, the global beauty brand builder whose portfolio includes owned, licensed, and exclusive fragrance and beauty brands sold to national beauty and apparel retailers and direct to consumers.

Key Points: 
  • NEW YORK and WILLOWBROOK, Ill., April 2, 2024 /PRNewswire/ -- Monogram Capital Partners, a Los Angeles-based private equity firm that invests in consumer brands and services companies, has acquired a majority stake in Tru Fragrance & Beauty, the global beauty brand builder whose portfolio includes owned, licensed, and exclusive fragrance and beauty brands sold to national beauty and apparel retailers and direct to consumers.
  • Tru represents Monogram's seventh investment in the beauty space in the past five years.
  • Oliver Nordlinger, Monogram Co-Founder & Partner, added, "We're incredibly excited to partner with Monte, Eric, and the rest of the Tru team to build on their impressive momentum.
  • Willkie Farr & Gallagher LLP and Kilpatrick Townsend & Stockton LLP served as legal advisors to Monogram and Tru, respectively.

Strong FY 2023 results, Planisware consistently delivering sustainable profitable growth

Retrieved on: 
Monday, March 11, 2024

At € 6.9 million, 2023 income tax expense reflected an Effective Tax Rate of 14.1%, compared to 15.5% in 2022.

Key Points: 
  • At € 6.9 million, 2023 income tax expense reflected an Effective Tax Rate of 14.1%, compared to 15.5% in 2022.
  • In 2023, adjusted Free Cash Flow reached
    € 43.8 million, up by +64.4% compared to € 26.7 million in 2022, led by Adjusted EBITDA growth.
  • Planisware benefits from a strong cash position, as most of its customers prepay for services, which generates structurally negative working capital requirements.
  • In 2023, Planisware initiated the next phase of its growth strategy through its contemplated IPO on Euronext Paris.

WebPT Brings Monte Sandler on Board as General Manager, Revenue Cycle Management

Retrieved on: 
Wednesday, March 6, 2024

PHOENIX, March 6, 2024 /PRNewswire/ -- WebPT, the leading rehab therapy platform for Practice Experience Management (PXM), today publicly announces its hiring of Monte Sandler as general manager, revenue cycle management (RCM). In this role, he will oversee all aspects of RCM, including operations and success, and work closely with the broader organization to represent the voice of RCM Members in all areas of execution. Sandler's experience will be invaluable in accelerating the financial success of WebPT Members by leading RCM-specific investments in outpatient rehab.

Key Points: 
  • Seasoned Leader in Healthcare RCM and IT Will Accelerate Operations, Cross-Functional Alignment, and Member Results
    PHOENIX, March 6, 2024 /PRNewswire/ -- WebPT , the leading rehab therapy platform for Practice Experience Management (PXM), today publicly announces its hiring of Monte Sandler as general manager, revenue cycle management (RCM).
  • Sandler's experience will be invaluable in accelerating the financial success of WebPT Members by leading RCM-specific investments in outpatient rehab.
  • Sandler has had a distinguished career in Healthcare and IT Services, with nearly three decades spent leading RCM Operations.
  • To find out more about WebPT and its suite of award-winning products, please visit: webpt.com .

Introducing UNPRESS: "What's Your Story?"

Retrieved on: 
Thursday, February 15, 2024

Spearheaded by globally recognized media leaders, underpinned by purpose-built technology, UNPRESS connects creators and audiences in an ecosystem that incentivizes authenticity, credibility, and respect.

Key Points: 
  • Spearheaded by globally recognized media leaders, underpinned by purpose-built technology, UNPRESS connects creators and audiences in an ecosystem that incentivizes authenticity, credibility, and respect.
  • "At UNPRESS we believe that trusted storytelling and the healthy exchange of ideas are essential to functioning democracies.
  • Product features enable newsgathering and storytelling transparency, empowering creators to build trusted relationships, serve communities and profit from their work.
  • Samson is a Brooklyn-based journalist, documentary filmmaker, and producer that has spent his career elevating the stories of under-represented voices.

BRIJ Medical Launches Next Chapter and Celebrates Oversubscription in Seed Round Funding

Retrieved on: 
Monday, February 12, 2024

BRIJ Medical, a leader in the incision management and support industry, also unveiled its strategic rebrand from Brijjit Medical to BRIJ Medical.

Key Points: 
  • BRIJ Medical, a leader in the incision management and support industry, also unveiled its strategic rebrand from Brijjit Medical to BRIJ Medical.
  • Today, BRIJ Medical is introducing new technologies designed to minimize wound complications and improve scar therapy.
  • BRIJ Medical's rebrand signifies its commitment to excellence in the medical device field, featuring a modern logo, revamped website, and refreshed brand presence.
  • "As a surgeon, launching the new BRIJ Medical brand alongside a live surgery featuring our product was truly exciting," said Felmont "Monte" Eaves, MD, founder and Chief Medical Officer at BRIJ Medical.

Monte Carlo Announces Support for Apache Kafka and Vector Databases to Enable More Reliable Data and AI Products

Retrieved on: 
Wednesday, November 8, 2023

Monte Carlo , the data observability leader, today announced a series of new product advancements to help companies tackle the challenge of ensuring reliable data for their data and AI products.

Key Points: 
  • Monte Carlo , the data observability leader, today announced a series of new product advancements to help companies tackle the challenge of ensuring reliable data for their data and AI products.
  • With this news, Monte Carlo becomes the first-ever data observability platform to announce data observability for vector databases, a type of database designed to store and query high-dimensional vector data, typically used in RAG architectures.
  • To help these initiatives scale cost-effectively, Monte Carlo has released two first-of-its-kind data observability products, Performance Monitoring and Data Product Dashboard.
  • Available in early 2024, Monte Carlo is the first data observability platform to support trust and reliability for vector databases, such as Pinecone.

FaZe Clan Win Thunderpick World Championship 2023

Retrieved on: 
Tuesday, November 7, 2023

BERLIN, Nov. 7, 2023 /PRNewswire/ -- Thunderpick, the leading online crypto betting platform, today announces that FaZe Clan's Counter Strike 2 ("CS2") esports team ("FaZe") have won the Thunderpick World Championship 2023, taking home a massive $250,000 prize.

Key Points: 
  • BERLIN, Nov. 7, 2023 /PRNewswire/ -- Thunderpick , the leading online crypto betting platform, today announces that FaZe Clan 's Counter Strike 2 ("CS2") esports team ("FaZe") have won the Thunderpick World Championship 2023, taking home a massive $250,000 prize.
  • As they notch this impressive win, FaZe has won both of the first two international CS2 tournaments.
  • - Edward Han, Director of Esports Operations at FaZe Clan.
  • "It is an honor to crown FaZe as the Thunderpick World Champions!

Kenrich Introduces New USA Pine Tree Plant Based Titanate

Retrieved on: 
Tuesday, October 24, 2023

BAYONNE, N.J., Oct. 24, 2023 /PRNewswire/ -- "There is market pressure to use domestic plant derived sustainable materials in polymeric compositions. We chose the American pine tree as an oleic acid raw material source for our new titanate as it is widely available and eliminates any supply logistics concerns; comes from responsibly managed forests; is consistent in supply all year round; does not compete for land with food crops (non-edible); does not require land use change; is non-genetically modified (non-GMO); and palm oil free," explains Sal Monte, Kenrich President/Owner/Inventor.

Key Points: 
  • BAYONNE, N.J., Oct. 24, 2023 /PRNewswire/ -- "There is market pressure to use domestic plant derived sustainable materials in polymeric compositions.
  • Monte is hopeful the new coupling agent with a 90% "bio-content" will gain commercial traction as a nano-surface modifier additive in new sustainable polymeric formulations.
  • "Typical PMN (Pre-Manufacture Notification) evaluation times for a final determination of new chemical materials are taking about 12-14 months.
  • Since 1973, Kenrich has been a global supplier of Ken-React® organometallic coupling agents based on titanium, zirconium, and aluminum with 34 U.S. composition-of-matter patents attributed to Monte – a member of the Plastics Hall of Fame – class of 2021.

City of Hope's Music, Film and Entertainment Industry group and Lyor Cohen raise over $4.3 million to improve health equity in cancer care

Retrieved on: 
Thursday, October 19, 2023

Led by Cohen, MFEI raised over $4.3 million to benefit City of Hope's efforts to address the challenges underserved populations face in obtaining access to quality cancer care.

Key Points: 
  • Led by Cohen, MFEI raised over $4.3 million to benefit City of Hope's efforts to address the challenges underserved populations face in obtaining access to quality cancer care.
  • Led by Cohen, MFEI raised over $4.3 million to benefit City of Hope's efforts to address the challenges underserved populations face in obtaining access to quality cancer care.
  • The dollars raised are a significant achievement during a milestone year as City of Hope celebrates 50 years of philanthropic partnership with MFEI.
  • “Cancer doesn’t take a break and neither does City of Hope and its Music, Film and Entertainment Industry group,” Lamberg said.

ControlRooms.ai Raises $10 Million in Series A Funding Led by Origin Ventures

Retrieved on: 
Tuesday, August 29, 2023

AUSTIN, Texas, Aug. 29, 2023 /PRNewswire/ -- ControlRooms.ai, the leading provider of AI-assisted troubleshooting for heavy industry, today announced that it has closed an oversubscribed $10 million Series Acontrfinancing round. The round was led by Origin Ventures, with participation from Amity Ventures, Tokio Marine Future Fund, S3 Ventures, GTM Fund, Alpha Square Group, and FJ Labs among others.

Key Points: 
  • The round was led by Origin Ventures, with participation from Amity Ventures, Tokio Marine Future Fund, S3 Ventures, GTM Fund, Alpha Square Group, and FJ Labs among others.
  • The funding will be used to accelerate ControlRooms.ai's product development and go-to-market in the chemical, energy, and materials segments of heavy industry.
  • "We are excited to partner with Monte and Omar as they bring AI sophistication to the heavy industry software stack."
  • "As an Austin-based fund, we're excited to help ControlRooms.ai expand its team and customer base in Texas and the surrounding area," said Eric Engineer, Partner at S3 Ventures.