Rand

Ingersoll Rand Announces Pricing of its Secondary Offering of 14,924,081 Shares of Common Stock

Tuesday, May 11, 2021 - 11:00am

b'Ingersoll Rand Inc. (NYSE:IR) (\xe2\x80\x9cIngersoll Rand\xe2\x80\x9d) today announced the pricing of the previously announced underwritten secondary offering by KKR Renaissance Aggregator L.P. (the \xe2\x80\x9cSelling Stockholder\xe2\x80\x9d) of 14,924,081 shares of common stock of Ingersoll Rand pursuant to a registration statement filed by Ingersoll Rand with the U.S. Securities and Exchange Commission (the \xe2\x80\x9cSEC\xe2\x80\x9d), at the public offering price of $49.00 per share.

Key Points: 
  • b'Ingersoll Rand Inc. (NYSE:IR) (\xe2\x80\x9cIngersoll Rand\xe2\x80\x9d) today announced the pricing of the previously announced underwritten secondary offering by KKR Renaissance Aggregator L.P. (the \xe2\x80\x9cSelling Stockholder\xe2\x80\x9d) of 14,924,081 shares of common stock of Ingersoll Rand pursuant to a registration statement filed by Ingersoll Rand with the U.S. Securities and Exchange Commission (the \xe2\x80\x9cSEC\xe2\x80\x9d), at the public offering price of $49.00 per share.
  • No shares are being sold by Ingersoll Rand.
  • The Selling Stockholder will receive all of the proceeds from this offering.
  • Ingersoll Rand undertakes no obligation to update any forward-looking statements, whether as a result of new information or developments, future events or otherwise, except as required by law.

Ingersoll Rand Announces Secondary Offering of 14,924,081 Shares of Common Stock

Monday, May 10, 2021 - 9:36pm

b'Ingersoll Rand Inc. (NYSE:IR) (\xe2\x80\x9cIngersoll Rand\xe2\x80\x9d) announced that KKR Renaissance Aggregator L.P. (the \xe2\x80\x9cSelling Stockholder\xe2\x80\x9d) intends to offer for sale in an underwritten secondary offering 14,924,081 shares of common stock of Ingersoll Rand pursuant to a registration statement filed by Ingersoll Rand with the U.S. Securities and Exchange Commission (the \xe2\x80\x9cSEC\xe2\x80\x9d).

Key Points: 
  • b'Ingersoll Rand Inc. (NYSE:IR) (\xe2\x80\x9cIngersoll Rand\xe2\x80\x9d) announced that KKR Renaissance Aggregator L.P. (the \xe2\x80\x9cSelling Stockholder\xe2\x80\x9d) intends to offer for sale in an underwritten secondary offering 14,924,081 shares of common stock of Ingersoll Rand pursuant to a registration statement filed by Ingersoll Rand with the U.S. Securities and Exchange Commission (the \xe2\x80\x9cSEC\xe2\x80\x9d).
  • No shares are being sold by Ingersoll Rand.
  • These forward-looking statements are based on Ingersoll Rand\xe2\x80\x99s current expectations and are subject to risks and uncertainties, which may cause actual results to differ materially from these current expectations.
  • Ingersoll Rand undertakes no obligation to update any forward-looking statements, whether as a result of new information or developments, future events or otherwise, except as required by law.

Ingersoll Rand to Virtually Participate at 2021 Goldman Sachs Industrials & Materials Conference

Saturday, May 8, 2021 - 12:39am

b'Ingersoll Rand Inc. (NYSE: IR), a global provider of mission-critical flow creation and industrial solutions, announced that Vicente Reynal, President and Chief Executive Officer, and Vikram Kini, Chief Financial Officer, will virtually participate in a fireside chat at the 2021 Goldman Sachs Industrials & Materials Conference on Tuesday, May 11, 2021 at 10:30 AM Eastern time.\nA real-time webcast of the fireside chat can be accessed via the Events and Presentations section of the Ingersoll Rand Investor Relations website ( https://investors.irco.com ).

Key Points: 
  • b'Ingersoll Rand Inc. (NYSE: IR), a global provider of mission-critical flow creation and industrial solutions, announced that Vicente Reynal, President and Chief Executive Officer, and Vikram Kini, Chief Financial Officer, will virtually participate in a fireside chat at the 2021 Goldman Sachs Industrials & Materials Conference on Tuesday, May 11, 2021 at 10:30 AM Eastern time.\nA real-time webcast of the fireside chat can be accessed via the Events and Presentations section of the Ingersoll Rand Investor Relations website ( https://investors.irco.com ).
  • A replay of the webcast will be available after conclusion of the fireside chat and can be accessed on the Ingersoll Rand Investor Relations website.\nIngersoll Rand Inc. (NYSE:IR), driven by an entrepreneurial spirit and ownership mindset, is dedicated to helping make life better for our employees, customers and communities.
  • Our employees develop customers for life through their daily commitment to expertise, productivity and efficiency.
  • For more information, visit www.IRCO.com .\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210507005639/en/\n'

Industry Sales Executive Rush Akin Joins Rand McNally

Tuesday, May 4, 2021 - 9:32pm

b'CHICAGO, May 4, 2021 /PRNewswire/ --Rand McNally today announced that former Lytx, Inc. executive Rush Akin has joined the company as Senior Vice President of Sales.

Key Points: 
  • b'CHICAGO, May 4, 2021 /PRNewswire/ --Rand McNally today announced that former Lytx, Inc. executive Rush Akin has joined the company as Senior Vice President of Sales.
  • Akin, who has spent most of his career within the commercial telematics and fleet management space, will head up the company\'s fleet transportation, mileage, and logistics sales groups.\n"Rand McNally is pleased to have a sales leader of Rush\'s caliber join our growing organization.
  • Akin is based out of Rand McNally\'s Chicago headquarters.\nAbout Rand McNally Chicago-based Rand McNally has been transforming travel and transportation for 165 years.
  • Today, Rand McNally provides innovative fleet management and commercial transportation solutions, connected vehicletechnology, and consumer travel and education products.

Ingersoll Rand Sets 2025 Diversity, Equity and Inclusion (DE&I) Goals to Accelerate Representation, Career Advancement and Employee Sense of Belonging

Monday, April 19, 2021 - 4:59pm

b'Ingersoll Rand Inc., a global provider of mission-critical flow creation and industrial solutions, further advances its environmental, social and governance (ESG) journey with the launch of 2025 diversity, equity and inclusion (DE&I) goals.

Key Points: 
  • b'Ingersoll Rand Inc., a global provider of mission-critical flow creation and industrial solutions, further advances its environmental, social and governance (ESG) journey with the launch of 2025 diversity, equity and inclusion (DE&I) goals.
  • Ingersoll Rand will increase the hiring and retention of women and underrepresented talent; bolster growth and equal opportunity actions, and increase employees\xe2\x80\x99 sense of belonging, among other opportunities to advance DE&I initiatives.\nThis press release features multimedia.
  • View the full release here: https://www.businesswire.com/news/home/20210419005681/en/\nIngersoll Rand Diversity, Equity and Inclusion 2025 Goals (Graphic: Business Wire).\n\xe2\x80\x9cI am proud our value of fostering inspired teams is driving a culture that cultivates a sense of belonging, empowerment and respect for employees across the globe,\xe2\x80\x9d said Vicente Reynal, Ingersoll Rand CEO.
  • We continue to leverage the Ingersoll Rand Execution Excellence (IRX) IDM process to accelerate our DE&I growth objectives, as we do every other critical initiative in our company.

Rand Capital Congratulates ACV Auctions Inc. on Successful IPO

Wednesday, March 24, 2021 - 9:09pm

The Board of Directors of Rand Capital Corporation (Nasdaq:RAND) (Rand) and the management team extend their congratulations to the ACV Auctions Inc. team on their successful initial public offering (IPO) today.

Key Points: 
  • The Board of Directors of Rand Capital Corporation (Nasdaq:RAND) (Rand) and the management team extend their congratulations to the ACV Auctions Inc. team on their successful initial public offering (IPO) today.
  • Rand invested in ACV Auctions acquiring Series Seed II Preferred stock in August 2016.
  • Rand Capital (Nasdaq:RAND) is an externally-managed Business Development Company (BDC) with a wholly-owned subsidiary licensed by the U.S. Small Business Administration (SBA) as a Small Business Investment Company (SBIC).
  • The Companys investment activities are managed by its external investment adviser, Rand Capital Management, LLC.

Ingersoll Rand Names Chris Miorin to Vice President of Investor Relations

Monday, March 8, 2021 - 1:30pm

Ingersoll Rand Inc. (NYSE: IR) appointed Chris Miorin today as its vice president of investor relations.

Key Points: 
  • Ingersoll Rand Inc. (NYSE: IR) appointed Chris Miorin today as its vice president of investor relations.
  • Miorin replaces Vikram Kini in the role, who was appointed in June to chief financial officer.
  • Miorin assumes the role from his current one with the Ingersoll Rand Execution Excellence team where he has served as the vice president of corporate development since the merger of Gardner Denver and Ingersoll Rands industrial business in March 2020.
  • Chris is a talented leader who demonstrates aptitude and excellent management capabilities with knowledge of our business strategy and operations, said Kini.

Rand Capital Initiates Quarterly Dividend at $0.10 Per Share

Friday, February 26, 2021 - 12:15pm

Rand Capital Corporation (Nasdaq: RAND) (Rand), a business development company (BDC), today announced that its Board of Directors declared its first regular quarterly cash dividend of $0.10 per share.

Key Points: 
  • Rand Capital Corporation (Nasdaq: RAND) (Rand), a business development company (BDC), today announced that its Board of Directors declared its first regular quarterly cash dividend of $0.10 per share.
  • Pete Grum, President and CEO of Rand noted, We are pleased to initiate our regular dividend at an annualized rate of 40 cents per share.
  • Rands 2020 dividend of $1.33 per share was comprised of approximately $0.94 from capital gains and $0.39 from net investment income.
  • Rand Capital (Nasdaq: RAND) is an externally-managed Business Development Company (BDC) with a wholly-owned subsidiary licensed by the U.S. Small Business Administration (SBA) as a Small Business Investment Company (SBIC).

Rand Capital Announces Fourth Quarter and Full Year 2020 Financial Results Conference Call and Webcast

Monday, February 22, 2021 - 1:37pm

To listen to the archived call, dial (412) 317-6671 and enter replay pin number 13715235.

Key Points: 
  • To listen to the archived call, dial (412) 317-6671 and enter replay pin number 13715235.
  • The webcast replay will be available in the investors section at www.randcapital.com , where a transcript will also be posted once available.
  • Rand Capital (Nasdaq: RAND) is an externally-managed Business Development Company (BDC) with a wholly-owned subsidiary licensed by the U.S. Small Business Administration (SBA) as a Small Business Investment Company (SBIC).
  • The Companys investment activities are managed by its external investment adviser, Rand Capital Management, LLC.

Ingersoll Rand 2030 and 2050 Environmental Goals Set to Mitigate Climate Change and Make Life Better for Generations to Come

Monday, February 22, 2021 - 12:00pm
Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20210222005288/en/
    Ingersoll Rand 2030 and 2050 Environmental Goals Designed to Make Life Better for Generations to Come (Graphic: Business Wire)
    We are operating at a time when course-correcting the impact we have on the environment is an imperative and our collective responsibility, said Vicente Reynal, Chief Executive Officer.
  • On a daily basis Ingersoll Rand employees around the world live our purpose of Making Life Better, and with a strong culture centered on employee ownership and dedicated to citizenship, we stand ready to accelerate our environmental actions.
  • The company will drive accountability and progress through Ingersoll Rand Execution Excellence (IRX), and provide transparency on our progress through its annual Sustainability Report .
  • Ingersoll Rand Inc. (NYSE:IR), driven by an entrepreneurial spirit and ownership mindset, is dedicated to helping make life better for our employees, customers and communities.