Thomas Edison

Take Command Announces $25M Growth Investment, Led by Edison Partners, as More Employers Seek Affordable Health Insurance Benefit Options

Retrieved on: 
Tuesday, September 19, 2023

DALLAS, Sept. 19, 2023 /PRNewswire/ -- Take Command, a Dallas-based SaaS platform and leader in the rapidly growing employer sponsored, personalized health benefits space, announced it secured $25 million in growth stage financing led by growth equity investor Edison Partners, with participation from current investors LiveOak Venture Partners and SJF Ventures.

Key Points: 
  • Take Command is the first and largest company in the U.S. to offer an end-to-end individual coverage health reimbursement arrangements, or ICHRAs, administrative platform and access to an individual health marketplace.
  • ICHRAs are a new alternative to traditional group health insurance.
  • Historically, employees have had to enroll in coverage from prescribed, one-size-fits-all insurance plans, paying for benefits they may not need.
  • Take Command will deploy the investment to further build out an infrastructure that pioneered and continues to shape the future of health benefits.

J. Allen Dove Joins Edison Interactive as Chief Technology Officer

Retrieved on: 
Thursday, September 7, 2023

DENVER, Sept. 7, 2023 /PRNewswire/ -- Edison Interactive, a leading innovator in creating custom screen experiences using its SaaS platform Launchpad, is thrilled to announce the appointment of J. Allen Dove as its new Chief Technology Officer (CTO).

Key Points: 
  • DENVER, Sept. 7, 2023 /PRNewswire/ -- Edison Interactive, a leading innovator in creating custom screen experiences using its SaaS platform Launchpad, is thrilled to announce the appointment of J. Allen Dove as its new Chief Technology Officer (CTO).
  • With over two decades of experience in the technology industry, Allen Dove brings a wealth of expertise to his new role at Edison Interactive.
  • "We are delighted to welcome Allen as our new Chief Technology Officer," said Jeremy Ostermiller, CEO of Edison Interactive.
  • Before joining Edison Interactive, Allen served as Chief Technology Officer at Magnite, where he led all product and engineering for Magnite's enterprise SSP and ad serving platform.

Phillips Edison & Company Increases Monthly Dividend Distribution by 4.5% to $0.0975 Per Common Share

Retrieved on: 
Tuesday, September 5, 2023

CINCINNATI, Sept. 05, 2023 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO”), one of the nation’s largest owners and operators of omni-channel grocery-anchored neighborhood shopping centers, today announced that its Board of Directors (the “Board”) approved a 4.5% increase to the monthly dividend distributions payable October 2, 2023 and November 1, 2023 to common stockholders of record as of September 15, 2023 and October 16, 2023, respectively.

Key Points: 
  • CINCINNATI, Sept. 05, 2023 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO”), one of the nation’s largest owners and operators of omni-channel grocery-anchored neighborhood shopping centers, today announced that its Board of Directors (the “Board”) approved a 4.5% increase to the monthly dividend distributions payable October 2, 2023 and November 1, 2023 to common stockholders of record as of September 15, 2023 and October 16, 2023, respectively.
  • The Board approved the distribution at a rate of $0.0975 per share of the Company’s common stock.
  • When annualized, this is equal to a rate of $1.17 per share, representing an increase of 4.5% over the previous annualized rate of $1.12 per share.
  • Operating partnership unit holders receive distributions at the same rate as common stockholders, subject to the required tax withholding.

Energy, Edison study: for young people and businesses transition is a priority

Retrieved on: 
Monday, September 4, 2023

Young people also associate the priority for sustainability with an evolution of values that focuses on inclusiveness, a sense of community and the promotion of the common good.

Key Points: 
  • Young people also associate the priority for sustainability with an evolution of values that focuses on inclusiveness, a sense of community and the promotion of the common good.
  • Consistently 7 out of 10 young Italians think of the future with uncertainty.
  • The study identified 3 megatrends that will impact the development of society until 2050: global geopolitical and economic dynamics, demography and technological evolution.
  • The third megatrend identified in the study concerns technological acceleration linked, first and foremost, to the increasingly pervasive process of digitalisation.

Professional Announces New Strategic Partner at Hand Therapy Clinic in Edison NJ

Retrieved on: 
Thursday, August 31, 2023

MELVILLE, N.Y. , Aug. 31, 2023 /PRNewswire-PRWeb/ -- Professional Physical Therapy, the largest provider of certified Hand Therapy in the Northeast, announces they entered a strategic partnership with Brian Lee, OTR/L, CHT in their Edison NJ location. After being with Professional for over six years, Brian became part of Professional's strategic partnership program that provides a unique affiliation solution to clinicians and leaders who are vested in ownership and operations. The collaboration represents a leadership opportunity for Brian and the ability to lead and enhance the occupational therapist-patient experience.

Key Points: 
  • MELVILLE, N.Y. , Aug. 31, 2023 /PRNewswire-PRWeb/ -- Professional Physical Therapy, the largest provider of certified Hand Therapy in the Northeast, announces they entered a strategic partnership with Brian Lee, OTR/L, CHT in their Edison NJ location.
  • From being a new graduate to a certified hand therapist to a clinic director, it only made sense to expand my professional career and become a partner.
  • It has been exciting to see the development of the hand therapy clinic from the ground up and look forward to bringing outstanding hand therapy outcomes to Edison NJ."
  • For more information and a list of all Professional Physical Therapy locations and hand therapy services, please visit http://www.professionalpt.com

Globex Vends Saskatchewan Alkali Dispositions to Edison

Retrieved on: 
Friday, August 25, 2023

Under the terms of the Agreement, Globex shall transfer all of its right, title and interest in the Alkali Dispositions to Edison in exchange for:

Key Points: 
  • Under the terms of the Agreement, Globex shall transfer all of its right, title and interest in the Alkali Dispositions to Edison in exchange for:
    a cash payment of $35,000 payable to Globex by the Company;
    the issuance of 156,250 common shares in the capital of Edison in favor of Globex; and;
    payment to Globex of a royalty of 2% of Gross Revenue from Commercial Production (as such term is defined in the Agreement) of mineral products by Edison.
  • The shares to be issued in connection with the Agreement shall be subject to a statutory hold period of four months from the date of issuance.
  • The Alkali Dispositions acquired by Globex are Globex’s first venture into Saskatchewan.
  • This press release was written by Jack Stoch, Geo., President and CEO of Globex in his capacity as a Qualified Person (Q.P.)

Growth Equity Firm Edison Partners Hires Ben Laufer as Principal

Retrieved on: 
Wednesday, August 9, 2023

Edison Partners , a leading growth equity investment firm, is pleased to announce that Ben Laufer has joined the investment team as a Principal.

Key Points: 
  • Edison Partners , a leading growth equity investment firm, is pleased to announce that Ben Laufer has joined the investment team as a Principal.
  • Laufer is the tenth new hire in the last 18 months, as the tech-focused growth equity firm continues to bolster its ranks.
  • Prior to Edison, he was a director at private equity firm PeakEquity Partners focused on enterprise software.
  • I’m looking forward to collaborating with my new team, the entrepreneurs that we support, and our partners to create the next generation of Edison success stories,” said Ben Laufer, principal.

Growth Equity Firm Edison Partners Adds Three New Hires to Investment and Value Creation Teams, Continues Expansion

Retrieved on: 
Wednesday, August 2, 2023

Edison Partners , a leading growth equity investment firm, today announced the addition of three new hires, strengthening its investment and value creation teams.

Key Points: 
  • Edison Partners , a leading growth equity investment firm, today announced the addition of three new hires, strengthening its investment and value creation teams.
  • The latest members of the investment team are Shelby McKeown and Felix Rauch, and Nonnie Egbuna joins the Edison Edge team.
  • The firm has added nine new team members over the last 18 months, fielding more than 200 applications for these new investment professional and value creation roles, respectively.
  • In this newly created role, Nonnie partners with Edison investment and operating partners to produce high-value content and actionable insights that guide Edison companies through growth and scale initiatives.

Eni teams up with Edison for remediation of former Montedison facilities

Retrieved on: 
Tuesday, August 1, 2023

MILAN, Italy, Aug. 01, 2023 (GLOBE NEWSWIRE) -- Eni and Edison have reached an agreement that marks the collaboration between the two companies for the management of environmental remediation projects at all the industrial sites that were transferred by Montedison to Enichem in 1989.

Key Points: 
  • MILAN, Italy, Aug. 01, 2023 (GLOBE NEWSWIRE) -- Eni and Edison have reached an agreement that marks the collaboration between the two companies for the management of environmental remediation projects at all the industrial sites that were transferred by Montedison to Enichem in 1989.
  • A joint statement clarifies that the agreement will regulate the equal financial contribution for the remediation interventions, which have already been underway by Eni's subsidiaries, Eni Rewind and Versalis, in execution of the projects mandated by the Italian Ministry of Environment.
  • This partnership inaugurates a new era of cooperation between Eni and Edison, leveraging the experiences and technologies acquired by Eni Rewind and Edison Next Environment.
  • The remediation activities will continue seamlessly.

Lattice Semiconductor Reports Second Quarter 2023 Results

Retrieved on: 
Monday, July 31, 2023

• The Lattice ORAN™ solution stack was named a 2023 Edison Awards™ finalist in the commercial technology category.

Key Points: 
  • • The Lattice ORAN™ solution stack was named a 2023 Edison Awards™ finalist in the commercial technology category.
  • • Won a 2023 Fortress Cyber Security Award from the Business Intelligence Group for Lattice SupplyGuard™ in the Threat Detection category.
  • Business Outlook - Third Quarter of 2023:
    Revenue for the third quarter of 2023 is expected to be between $187 million and $197 million.
  • Investor Conference Call / Webcast Details:
    Lattice Semiconductor will review the Company's financial results for the fiscal second quarter 2023, and business outlook on Monday, July 31 at 5:00 p.m. Eastern Time.