Proposition

Mill Point Capital Completes Sale of Prime Pensions

Retrieved on: 
Monday, February 26, 2024

Mill Point Capital LLC (“Mill Point Capital”), a private equity firm focused on control investments in middle-market companies in North America across the Business Services, Industrials and IT Services sectors, announced today a sale of Prime Pensions, LLC (“Prime Pensions” or the “Company”), a leading independent third-party administrator (“TPA”) and provider of retirement plan compliance and administration services.

Key Points: 
  • Mill Point Capital LLC (“Mill Point Capital”), a private equity firm focused on control investments in middle-market companies in North America across the Business Services, Industrials and IT Services sectors, announced today a sale of Prime Pensions, LLC (“Prime Pensions” or the “Company”), a leading independent third-party administrator (“TPA”) and provider of retirement plan compliance and administration services.
  • “We are incredibly proud of our successful partnership with Scott Feit, Founder and CEO of Prime Pensions, as well as the entire Prime Pensions team over the past few years.
  • Their dedication to Prime Pensions is evident and we are thrilled to watch the Company’s continued future success,” commented Jenni Main, Executive Partner of Mill Point Capital.
  • Raymond James acted as the exclusive financial advisor to Mill Point Capital and Prime Pensions.

D-ID Appoints Anna Osipov as VP Corporate Development

Retrieved on: 
Tuesday, March 5, 2024

WILMINGTON, Del., March 5, 2024 /PRNewswire/ -- D-ID, the leading platform for the generation of digital humans, announced today the appointment of Anna Osipov as VP Corporate Development. Anna will lead D-ID's strategic growth initiatives, overseeing due diligence, financial modeling, partnerships, and other opportunities to drive the company's expansion, while also supporting fundraising, investor relations, and overall business strategy.

Key Points: 
  • WILMINGTON, Del., March 5, 2024 /PRNewswire/ -- D-ID , the leading platform for the generation of digital humans, announced today the appointment of Anna Osipov as VP Corporate Development.
  • "We are thrilled to welcome Anna to the D-ID team as our VP of Corporate Development," said Gil Perry, Co-Founder and CEO at D-ID.
  • Earlier in her career, Anna worked as an associate in a family office and in a startup as VP of Partnerships.
  • "I am truly excited to join the D-ID team, true innovators in the Generative AI space," said Anna Osipov, the newly appointed VP Corporate Development at D-ID.

GovOS, Inc. Names Matt Coury Chief Executive Officer; Founder Michael Crosno Becomes Executive Chairman

Retrieved on: 
Friday, March 1, 2024

Coury, who served as president and chief operating officer for GovOS, has also been appointed to GovOS's board of directors, also effective March 1, 2024.

Key Points: 
  • Coury, who served as president and chief operating officer for GovOS, has also been appointed to GovOS's board of directors, also effective March 1, 2024.
  • Company founder Michael Crosno will become executive chairman effective March 1, 2024, and will continue to serve as a member of the board.
  • To support the transition, Josh Stanley, chief financial officer, will take on the additional role of chief operating officer, also effective March 1, 2024.
  • Michael Crosno, founder of GovOS, said, "I'm thrilled to announce that Matt Coury will be taking the reins as our new CEO.

Eisai Selected for 'Human Capital Leaders 2023' and 'Human Capital Management Gold Quality', Recognized as Company Committed to Excellent Management and Disclosure of Human Capital Initiatives

Retrieved on: 
Tuesday, February 20, 2024

TOKYO, Feb 20, 2024 - (JCN Newswire) - Eisai Co., Ltd. announced today that it has been selected for "Human Capital Leaders 2023" and "Human Capital Management Gold Quality" in the "Human Capital Survey 2023" jointly conducted by HR Technology Consortium, HR Research Institute (ProFuture Inc.) and MS&AD InterRisk Research & Consulting, Inc.

Key Points: 
  • TOKYO, Feb 20, 2024 - (JCN Newswire) - Eisai Co., Ltd. announced today that it has been selected for "Human Capital Leaders 2023" and "Human Capital Management Gold Quality" in the "Human Capital Survey 2023" jointly conducted by HR Technology Consortium, HR Research Institute (ProFuture Inc.) and MS&AD InterRisk Research & Consulting, Inc.
  • In the "Human Capital Survey 2023" (conducted between September and December 2023), 16 highly rated companies were selected for "Human Capital Management Gold Quality", and 8 companies that were recognized by experts as having made particularly outstanding efforts were selected as "Human Capital Leaders 2023" out of approximately 500 participating companies and organizations.
  • Moreover, Eisai published the "Human Capital Report 2023" (PDF) in July, 2023 that summarizes its human capital initiatives and KPI linked to its human resource strategies.
  • Eisai promotes information disclosure regarding its initiatives on human capital management in its annual "Value Creation Report(PDF)" and on its corporate website's "Sustainability" section.

Littlejohn & Co. Announces Nine Promotions

Retrieved on: 
Monday, January 29, 2024

Littlejohn & Co. LLC (“Littlejohn”), a private investment firm based in Greenwich, CT, today announced that it has promoted nine individuals across firm disciplines.

Key Points: 
  • Littlejohn & Co. LLC (“Littlejohn”), a private investment firm based in Greenwich, CT, today announced that it has promoted nine individuals across firm disciplines.
  • The promotions include:
    Courtney Hagen has been promoted to Managing Director and Chief Talent Officer.
  • Hussein Abdelhalim has been promoted to Senior Director, Value Creation
    Michael Klein, Chief Executive Officer at Littlejohn, said, “These promotions across all facets of our organization reflect Littlejohn’s commitment to recognizing and rewarding excellence and building a best-in-class team.
  • We are confident that the elevated roles of these talented individuals will further strengthen our firm and look forward to their continued success at Littlejohn.”

Cardumen Capital raises $120 Million consolidating its position as one of Israel's most active early-stage Deep Tech investors

Retrieved on: 
Wednesday, January 17, 2024

Cardumen Capital has invested in 32 Israeli companies in AI, Cybersecurity, Big Data, and Information Communication Technologies (ICT).

Key Points: 
  • Cardumen Capital has invested in 32 Israeli companies in AI, Cybersecurity, Big Data, and Information Communication Technologies (ICT).
  • The company will continue investing in pre-seed and seed Israeli software and hardware companies at the forefront of the technological revolution.
  • Cardumen Capital aims to be the most active investor on the cap table.
  • Cardumen Capital supports and works closely with entrepreneurs in anything from business development to fundraising.

Amy Helenbrook Joins Stax's Value Creation Practice as Managing Director

Retrieved on: 
Tuesday, January 9, 2024

NEW YORK, Jan. 9, 2024 /PRNewswire/ -- Stax , a global strategy consulting firm specializing in commercial due diligence, value creation, and exit planning for private equity firms , PE-backed companies, hedge funds, and investment banks, has announced the appointment of Amy Helenbrook to the role of Managing Director in the Value Creation practice based in Chicago.

Key Points: 
  • NEW YORK, Jan. 9, 2024 /PRNewswire/ -- Stax , a global strategy consulting firm specializing in commercial due diligence, value creation, and exit planning for private equity firms , PE-backed companies, hedge funds, and investment banks, has announced the appointment of Amy Helenbrook to the role of Managing Director in the Value Creation practice based in Chicago.
  • Prior, Helenbrook accumulated over 15 years of management consulting experience, holding senior positions at both Insight2Profit and the Boston Consulting Group.
  • Additionally, our analytics practice, consisting of over 20 professionals, will serve as another lever supporting Amy's efforts, enhancing the Value Creation practice, and enabling Stax to deliver optimal results for our clients."
  • I am particularly eager to contribute to the development and expansion of our value creation initiatives," said Amy Helenbrook.

Canada-UAE Future Energy Forum Unveils New Climate Action Partnership

Retrieved on: 
Wednesday, December 6, 2023

DUBAI, UAE, Dec. 6, 2023 /CNW/ - The Canada-UAE Business Council (CUBC) hosted its inaugural Future Energy Forum which convened government and industry leaders, innovators, and change-makers to advance climate solutions during the United Nations Climate Change Conference, COP28, hosted at Expo City Dubai.

Key Points: 
  • DUBAI, UAE, Dec. 6, 2023 /CNW/ - The Canada-UAE Business Council (CUBC) hosted its inaugural Future Energy Forum which convened government and industry leaders, innovators, and change-makers to advance climate solutions during the United Nations Climate Change Conference, COP28, hosted at Expo City Dubai.
  • The Forum featured three interactive, moderated discussion panels focusing on public and private sector climate finance, cutting-edge sustainable technologies and forward looking decarbonization policies.
  • He added, "From greenhouse gas monitoring to innovative new technologies to reduce emissions, to investing in critical infrastructure, to building green energy corridors, our members are at the forefront of the future economy."
  • It is estimated that over 40,000 Canadians live and work in the United Arab Emirates.

Archer & Abu Dhabi Investment Office Announce Plan to Launch Archer’s All-Electric Air Taxi Service Across the UAE

Retrieved on: 
Monday, October 16, 2023

Archer is seeking to work with its global manufacturing partner Stellantis, as well as local partners in the UAE, to build out its aircraft manufacturing capabilities and its Center of Excellence in Abu Dhabi.

Key Points: 
  • Archer is seeking to work with its global manufacturing partner Stellantis, as well as local partners in the UAE, to build out its aircraft manufacturing capabilities and its Center of Excellence in Abu Dhabi.
  • Archer plans to partner closely with ADIO and the Department of Economic Development to bring manufacturing and operations for our air taxis to the region.
  • Today, Archer signed MOUs with Falcon Aviation who will operate its air taxis across Dubai and Abu Dhabi, as well as GAL-AMMROC who will provide MRO support for Archer’s eVTOL aircraft.
  • Archer’s Midnight is a piloted, four-passenger aircraft designed to perform rapid back-to-back flights with minimal charge time between flights.

Human Resources Activity Declines as Private Equity Reacts to Market Conditions

Retrieved on: 
Thursday, July 13, 2023

Last year, we saw record investment in recruiting by PE firms to bring top talent to companies.

Key Points: 
  • Last year, we saw record investment in recruiting by PE firms to bring top talent to companies.
  • In parallel to this human resources decline, BluWave observed increased strategy, revenue growth and technology-related initiatives in the BluWave Activity Index during Q2.
  • These revelations come from BluWave, the Business Builders’ Network for private equity grade needs.
  • The Nashville-based company released Thursday its Q2 2023 Private Equity Insights Report that reflects trends from the thousands of projects BluWave equips for more than 500 leading private equity firms and their portfolio companies.