IA Financial Group

LoRa Alliance® Returns to Europe with LoRaWAN® Live Munich

Retrieved on:

Wednesday, April 3, 2024

FREMONT, Calif., April 03, 2024 (GLOBE NEWSWIRE) -- The LoRa Alliance®, the global association of companies backing the open LoRaWAN® standard for the internet of things (IoT) low-power wide-area networks (LPWANs), today announced the preliminary program for LoRaWAN Live Munich, taking place June 19-20 at the Westin Grand Munich. The event focuses on all aspects of LoRaWAN, the leading global LPWAN technology, addressing how companies are scaling with multiple use cases and rolling out deployments across numerous sites and facilities. The program has a strong focus on the industrial internet of things (IIoT), covering LoRaWAN technology, deployments, use cases and how to achieve a strong return on investment via a series of panels, presentations and networking activities. The gold sponsors for the event are Browan Communications and ZENNER. Rounding out the list of sponsors are Digi International, STMicroelectronics, EchoStar Mobile, Murata, Semtech, WIKA, Actility, Adeunis, Alpha-Omega Technology, Kerlink, MultiTech and TEKTELIC Communications.

Key Points:

“The value of bringing together the global LoRaWAN ecosystem cannot be overstated,” said Donna Moore, CEO and chairwoman of the LoRa Alliance.
The engaging program also includes a products and solutions marketplace, mainstage keynotes and VIP speakers, live demonstrations and plenty of networking opportunities.
A live LoRaWAN network will also be deployed, allowing attendees to see solutions using LoRaWAN in action, courtesy of Network Sponsor Actility.
If interested in attending LoRaWAN Live Munich, please contact the alliance at [email protected] to make arrangements.

Dresner Partners Advised Sandin Manufacturing on Its Strategic Partnership With MultiTech Industries, a Portfolio Company of Argonaut Private Equity

Retrieved on:

Tuesday, April 2, 2024

Growth, Partnership, IA Financial Group, Investment, FINRA, Cryptocurrency

CHICAGO, April 02, 2024 (GLOBE NEWSWIRE) -- Dresner Partners, an award-winning, FINRA-registered, middle-market investment bank and Mergers Alliance member firm, is pleased to announce that it advised Sandin Manufacturing (Sandin) on its partnership with MultiTech Industries (MultiTech), a portfolio company of Argonaut Private Equity (Argonaut).

Key Points:

CHICAGO, April 02, 2024 (GLOBE NEWSWIRE) -- Dresner Partners, an award-winning, FINRA-registered, middle-market investment bank and Mergers Alliance member firm, is pleased to announce that it advised Sandin Manufacturing (Sandin) on its partnership with MultiTech Industries (MultiTech), a portfolio company of Argonaut Private Equity (Argonaut).
Founded in 2009 and headquartered in Michigan City, Indiana, Sandin is a leading manufacturer of custom-designed mechanical cable assemblies and coated galvanized and stainless-steel cable.
Founded in 2002, Argonaut is a Tulsa, Oklahoma-based private equity firm with more than $2 billion of capital deployed in direct investments across the manufacturing and industrials sectors.
I would like to commend Paul Hoffman, Peter Bremhorst and James Jin on securing a successful outcome for Sandin.”

Arcosa, Inc. Announces Completion of Ameron Acquisition

Retrieved on:

Tuesday, April 9, 2024

Other Transport, Other Manufacturing, Public Transport, Technology, Steel, Engineering, Transport, Telecommunications, Manufacturing, Growth, Weil, Gotshal & Manges, IA Financial Group, Acquisition, Adjustment, GAAP, Lighting, ACA

With four manufacturing facilities strategically located in Alabama, California, and Oklahoma, Ameron serves its customers with a nationwide presence.

Key Points:

With four manufacturing facilities strategically located in Alabama, California, and Oklahoma, Ameron serves its customers with a nationwide presence.
For the year ended December 31, 2023, Ameron had revenues of approximately $94 million and Adjusted EBITDA of approximately $20 million.
The acquisition was funded with a combination of cash on-hand and $160 million of borrowings from our revolving credit facility.
This transaction accelerates the long-term growth profile of our Engineered Structures segment, while underscoring our disciplined acquisition strategy.

IIoT Applications in the Oil and Gas Industry: The Installed Base of Wireless IIoT Devices in the Oil and Gas Industry Set to Reach 18.8 Million by 2028, Up from 7.8 Million in 2023 - ResearchAndMarkets.com

Retrieved on:

Monday, April 8, 2024

This study investigates the worldwide market for wireless IoT applications in the oil and gas industry.

Key Points:

This study investigates the worldwide market for wireless IoT applications in the oil and gas industry.
Oil and gas operators utilise wireless industrial IoT (IIoT) solutions to increase operational efficiency, secure assets and achieve regulatory compliance throughout the entire value chain.
The report estimates that the number of installed wireless devices featuring cellular, satellite and LPWA connectivity for oil and gas applications reached 7.8 million units worldwide in 2023.
Growing at a compound annual growth rate (CAGR) of 19.3 percent, the installed base is expected to reach 18.8 million units by 2028.

LoRa Alliance® to Showcase Volume and Diversity of LoRaWAN® Solutions for Industrial IoT at Hannover Messe 2024

Retrieved on:

Tuesday, March 19, 2024

At the show, the LoRa Alliance and member companies co-exhibiting on the stand will illustrate the role of connectivity in industrial digital transformation.

Key Points:

At the show, the LoRa Alliance and member companies co-exhibiting on the stand will illustrate the role of connectivity in industrial digital transformation.
Onsite, LoRa Alliance members will show how LoRaWAN optimizes industrial operations, integrates with existing infrastructure and creates synergies with complementary technologies to maximize the value of IIoT solutions.
“The overall theme for this year’s Hannover Messe is ‘Energizing a Sustainable Industry,’ which embodies how LoRaWAN supports industrial IoT and Industry 5.0,” said Donna Moore, CEO and chairwoman of the LoRa Alliance.
Speakers will also showcase how data-driven insights lead to operational efficiencies and quantifiable ROI, using compelling case studies as examples.

Canadian Life Companies Split Corp. Declares Class A & Preferred Share Dividend

Retrieved on:

Monday, March 18, 2024

Sun Life Financial, Manulife, IA Financial Group

TORONTO, March 18, 2024 (GLOBE NEWSWIRE) -- Canadian Life Companies Split Corp. (the "Company") declares its monthly distribution of $0.10000 for each Class A share ($1.20 annualized) and $0.06667 for each Preferred share ($0.800 annualized).

Key Points:

TORONTO, March 18, 2024 (GLOBE NEWSWIRE) -- Canadian Life Companies Split Corp. (the "Company") declares its monthly distribution of $0.10000 for each Class A share ($1.20 annualized) and $0.06667 for each Preferred share ($0.800 annualized).
Distributions are payable April 10, 2024 to shareholders on record as at March 28, 2024.
Since inception Class A shareholders have received a total of $7.85 per share and Preferred shareholders have received a total of $11.49 per share inclusive of this distribution, for a combined total of $19.34 per unit.
The Company invests in a portfolio of four publicly traded Canadian life insurance companies as follows: Great-West Lifeco Inc., Industrial Alliance Insurance & Financial Services Inc., Manulife Financial Corporation and Sun Life Financial Inc.

Canadian Life Companies Split Corp. Extends Termination Date

Retrieved on:

Tuesday, March 12, 2024

Sun Life Financial, Prospectus, Manulife, LFE, IA Financial Group, Security (finance)

TORONTO, March 12, 2024 (GLOBE NEWSWIRE) -- Canadian Life Companies Split Corp. (the “Company”) is pleased to announce it will extend the termination date of the Company a further six year period from December 1, 2024 to December 1, 2030.

Key Points:

TORONTO, March 12, 2024 (GLOBE NEWSWIRE) -- Canadian Life Companies Split Corp. (the “Company”) is pleased to announce it will extend the termination date of the Company a further six year period from December 1, 2024 to December 1, 2030.
The term extension allows holders of LFE Class A Shares (“Class A Shares”) to receive ongoing leveraged exposure to a portfolio consisting of high-quality Canadian life insurance companies as well as receiving targeted monthly distributions.
Holders of LFE.PR.B Preferred Shares (“Preferred Shares”) are expected to continue to benefit from cumulative preferential monthly distributions.
The Company invests in a portfolio of four publicly traded Canadian life insurance companies as follows: Great‐West Lifeco Inc., Industrial Alliance Insurance & Financial Services Inc., Manulife Financial Corporation and Sun Life Financial Inc.

MaxCyte Reports Fourth Quarter and Full Year 2023 Financial Results and Reiterates 2024 Guidance

Retrieved on:

Tuesday, March 12, 2024

IA Financial Group, SPL, Growth, Investment

Total revenue for the fourth quarter of 2023 was $15.7 million, compared to $12.4 million in the fourth quarter of 2022, representing growth of 26%.

Key Points:

Total revenue for the fourth quarter of 2023 was $15.7 million, compared to $12.4 million in the fourth quarter of 2022, representing growth of 26%.
Cell therapy revenue for the fourth quarter of 2023 was $5.5 million, compared to $7.5 million in the fourth quarter of 2022, representing a decline of 27%.
Drug discovery revenue for the fourth quarter of 2023 was $1.6 million, compared to $3.0 million in the fourth quarter of 2022, representing a decline of 46%.
SPL Program-related revenue was $8.5 million in the fourth quarter of 2023, as compared to $1.9 million in the fourth quarter of 2022.

WEX Hosts Tennis Legend Venus Williams at SPARK 2024

Retrieved on:

Wednesday, April 3, 2024

WEX Inc. (NYSE: WEX), the global commerce platform that simplifies the business of running a business, will welcome tennis champion Venus Williams, one of the most inspiring figures in the history of sports and an accomplished businessperson at WEX SPARK 2024 , taking place in Orlando on April 8-10.

Key Points:

WEX Inc. (NYSE: WEX), the global commerce platform that simplifies the business of running a business, will welcome tennis champion Venus Williams, one of the most inspiring figures in the history of sports and an accomplished businessperson at WEX SPARK 2024 , taking place in Orlando on April 8-10.
“Venus Williams’ journey of success – a mix of grit, resilience, innovation, and perseverance – promises to invigorate SPARK attendees.
“We look forward to welcoming Venus Williams and our WEX community to learn, network, celebrate, and share more about how our flexible technology solutions, services, and resources can simplify the business of running a business.”
WEX SPARK 2024 will be held at Hyatt Regency Orlando.
WEX SPARK 2024 is sponsored by several strategic partners, including Mastercard, Visa, and Coherent Solutions.

NOV Announces First Quarter 2024 Earnings Conference Call

Retrieved on:

Tuesday, March 26, 2024

Oil, Gas, Manufacturing, Energy, Machinery, Other Energy, IA Financial Group, Central Time, NOV

NOV Inc. (NYSE: NOV) will hold a conference call to discuss its first quarter 2024 results on Friday, April 26, 2024, at 10 a.m. (Central Time).

Key Points:

NOV Inc. (NYSE: NOV) will hold a conference call to discuss its first quarter 2024 results on Friday, April 26, 2024, at 10 a.m. (Central Time).
NOV will issue a press release with the Company’s results after the market closes for trading on Thursday, April 25, 2024.
The call will be webcast live on www.nov.com/investors .