TSG

Spectro Cloud Achieves New Kubernetes Milestones with AWS

Retrieved on: 
Monday, April 22, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240422489447/en/
    By achieving the AWS Container Competency and joining the AWS Well Architected and ISV Accelerate programs, Spectro Cloud is now in the “differentiated” stage of its AWS Partner Paths journey.
  • This means if customers have an Enterprise Discount Promotion (EDP) contract with AWS, Spectro Cloud can help them meet their overall AWS consumption commitment.
  • Spectro Cloud’s experts are validated to offer AWS Well-Architected Reviews, helping customers optimize their Amazon Elastic Kubernetes Services (Amazon EKS) and Kubernetes environments.
  • By achieving the AWS Container Competency and joining these AWS programs, Spectro Cloud is now in the “differentiated” stage of its AWS Partner Paths journey.

Formula Systems Reports Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Tuesday, March 19, 2024

Financial Highlights for the Fourth Quarter Ended December 31, 2023

Key Points: 
  • Financial Highlights for the Fourth Quarter Ended December 31, 2023
    Consolidated revenues for the fourth quarter ended December 31, 2023 amounted to $640.3 million, compared to $657.1 million in the same period last year.
  • Consolidated operating income for the fourth quarter ended December 31, 2023 amounted to $60.3 million compared to $60.2 million in the same period last year.
  • The absence of such employees resulted in lower profitability in the fourth quarter in certain areas of our operations.
  • Actual ratio of net financial indebtedness to net capitalization, as of December 31, 2023, was 1%.

Zevia Appoints Girish Satya as Chief Financial Officer

Retrieved on: 
Tuesday, February 20, 2024

Zevia PBC (“Zevia” or the “Company”) (NYSE: ZVIA), the company disrupting the liquid refreshment beverage industry with great tasting, zero sugar beverages made with simple, plant-based ingredients, today announced the appointment of Girish Satya as Chief Financial Officer (CFO), effective February 21, 2024.

Key Points: 
  • Zevia PBC (“Zevia” or the “Company”) (NYSE: ZVIA), the company disrupting the liquid refreshment beverage industry with great tasting, zero sugar beverages made with simple, plant-based ingredients, today announced the appointment of Girish Satya as Chief Financial Officer (CFO), effective February 21, 2024.
  • Mr. Satya brings to Zevia over 20 years of finance, operations and strategic leadership experience with high-growth consumer businesses.
  • Florence Neubauer, who effectively led Zevia’s Finance function as Interim CFO, will continue with Zevia as Senior Vice President, Finance and Business Transformation.
  • We are thrilled to have him join Zevia as CFO, and we are confident he will have an immediate impact.

STAR acquires iks Engineering, further advancing its market position in Germany

Retrieved on: 
Friday, March 8, 2024

MOERDIJK, Netherlands, March 8, 2024 /PRNewswire/ -- The Specialist Group ("TSG"), a leading provider of technical engineering specialists for sectors such as power, chemicals, infrastructure, renewables and life sciences, today announced that it has acquired iks Engineering, an engineering resourcing provider in Germany. Financial terms were not disclosed.

Key Points: 
  • iks Engineering has a 40-year track record in providing specialized engineers to its vast network of  clients across Germany.
  • With this partnership we will be able to transform exciting opportunities in the German energy transition market into tangible success."
  • Claus Weber, Operational Director of iks Engineering, added: "We are excited to become the German  engineering partner for STAR and The Specialist Group.
  • As our expertise is complementary to STAR, we look forward to leveraging synergies and becoming the leading player in the German engineering resourcing market."

STAR acquires iks Engineering, further advancing its market position in Germany

Retrieved on: 
Friday, March 8, 2024

MOERDIJK, Netherlands, March 8, 2024 /PRNewswire/ -- The Specialist Group ("TSG"), a leading provider of technical engineering specialists for sectors such as power, chemicals, infrastructure, renewables and life sciences, today announced that it has acquired iks Engineering, an engineering resourcing provider in Germany. Financial terms were not disclosed.

Key Points: 
  • iks Engineering has a 40-year track record in providing specialized engineers to its vast network of clients across Germany.
  • With this partnership we will be able to transform exciting opportunities in the German energy transition market into tangible success."
  • Claus Weber, Operational Director of iks Engineering, added: "We are excited to become the German  engineering partner for STAR and The Specialist Group.
  • As our expertise is complementary to STAR, we look forward to leveraging synergies and becoming the leading player in the German engineering resourcing market."

Fewer Than 1% of Shoppers Prefer Cryptocurrency When Shopping Online

Retrieved on: 
Tuesday, February 20, 2024

The 2024 Cardholder Dispute Index , created in partnership with analytics and consulting firm TSG (The Strawhecker Group) surveyed 4,000 online shoppers in the United States.

Key Points: 
  • The 2024 Cardholder Dispute Index , created in partnership with analytics and consulting firm TSG (The Strawhecker Group) surveyed 4,000 online shoppers in the United States.
  • Fewer than one percent of respondents identified cryptocurrency as their preferred way to pay online.
  • Cryptocurrency payments firm Triple-A estimates that 4.2 percent of global consumers own some amount of cryptocurrency.
  • These shopping preferences were mirrored in the Chargeback Field Report , a study conducted by the firm last year that looked at online retailers.

NMI Launches the Next-Generation of Embedded Payments Solutions

Retrieved on: 
Thursday, February 15, 2024

NMI , a global leader in embedded payments, unveils NMI Payments , the comprehensive embedded payments solution for software companies, independent sales organizations (ISOs) and payment professionals.

Key Points: 
  • NMI , a global leader in embedded payments, unveils NMI Payments , the comprehensive embedded payments solution for software companies, independent sales organizations (ISOs) and payment professionals.
  • The NMI Payments platform easily integrates within existing applications and payment solutions, offering a flexible, modular approach that expedites and streamlines payments.
  • Designed for frictionless payments, NMI Payments allows consumers to pay wherever and however they want – online, in-store, in-app, mobile and unattended – securely, easily and reliably, leveraging NMI’s feature-rich payment gateway.
  • Now software companies can generate additional revenue streams by leveraging NMI Payments to monetize every transaction.

US Consumers Added 1.5 Payment Cards to Wallets Since Pandemic, Study Finds

Retrieved on: 
Tuesday, February 6, 2024

Previous studies, like a 2019 study from Experian, estimated the number of cards owned to be lower.

Key Points: 
  • Previous studies, like a 2019 study from Experian, estimated the number of cards owned to be lower.
  • Americans are relying more and more on digital transactions, and payment cards allow them the flexibility to shop in a way that's in line with their preferences."
  • The Cardholder Dispute Index also shows that cards remain the favorite payment method of most consumers, with 80 percent of those surveyed saying credit or debit cards are still their preferred way to buy online.
  • The 2024 Cardholder Dispute Index is available for free at Chargebacks911.com , and sheds light on cardholders' buying behaviors and payment preferences.

REPAY Honored in TSG’s 2024 Real Transaction Metrics Awards

Retrieved on: 
Thursday, January 25, 2024

Repay Holdings Corporation (NASDAQ: RPAY) (“REPAY”), a leading provider of vertically-integrated payment solutions, is proud to be honored by TSG (The Strawhecker Group) in its 2024 Real Transaction Metrics Awards.

Key Points: 
  • Repay Holdings Corporation (NASDAQ: RPAY) (“REPAY”), a leading provider of vertically-integrated payment solutions, is proud to be honored by TSG (The Strawhecker Group) in its 2024 Real Transaction Metrics Awards.
  • GEM tracks the percentage of authorization failures a gateway experiences each day unrelated to the issuer, network, or cardholder.
  • Performance data was assessed across more than 20 industry-leading global payments providers for 2023 to determine the Real Transaction Metrics Awards.
  • “We are honored to receive the Highest Authorization Rate Award from TSG for our employees’ persistent commitment to providing exceptional gateway experiences,” said David Guthrie, CTO of REPAY.

REVOLVE Reappoints Jennifer Baxter Moser to its Board of Directors

Retrieved on: 
Friday, January 19, 2024

LOS ANGELES, Jan. 19, 2024 /PRNewswire/ -- Revolve Group, Inc. (NYSE: RVLV) today announced the reappointment of Jennifer ("Jenny") Baxter Moser to its board of directors, effective immediately.

Key Points: 
  • LOS ANGELES, Jan. 19, 2024 /PRNewswire/ -- Revolve Group, Inc. (NYSE: RVLV) today announced the reappointment of Jennifer ("Jenny") Baxter Moser to its board of directors, effective immediately.
  • Baxter Moser previously served on REVOLVE's board of directors during a period of significant growth and value creation from December 2012 through July 2020.
  • During her 16-year tenure at TSG, Baxter Moser led investments in and served on the board of several high-growth consumer companies, including e.l.f.
  • Baxter Moser received a dual degree in Economics and Communications from Stanford University and an MBA from Harvard Business School.