Wind Point Partners

Harris Williams Advises D&H United Fueling Solutions on its Sale to Wind Point Partners

Retrieved on: 
Friday, September 23, 2022

Harris Williams , a global investment bank specializing in M&A advisory services, announces it advised D&H United Fueling Solutions (D&H United), a portfolio company of KLH Capital (KLH), on its sale to Wind Point Partners (Wind Point).

Key Points: 
  • Harris Williams , a global investment bank specializing in M&A advisory services, announces it advised D&H United Fueling Solutions (D&H United), a portfolio company of KLH Capital (KLH), on its sale to Wind Point Partners (Wind Point).
  • We continue to see strong investor appetite for companies like D&H United that provide mission-critical, non-deferrable services in fragmented industries, said Graham Gillam, a director at Harris Williams.
  • Wind Point is currently investing out of Wind Point Partners X, a fund that was initiated in 2022.
  • Harris Williams is a trade name under which Harris Williams LLC, Harris Williams & Co. Ltd and Harris Williams & Co. Corporate Finance Advisors GmbH conduct business.

Ingevity announces changes to its Board of Directors

Retrieved on: 
Wednesday, July 27, 2022

Ingevity Corporation (NYSE:NGVT) today announced the election of William Slocum and Shon Wright to the board of directors effective July 25, 2022.

Key Points: 
  • Ingevity Corporation (NYSE:NGVT) today announced the election of William Slocum and Shon Wright to the board of directors effective July 25, 2022.
  • The company also announced the retirement of long-time member, Michael Fitzpatrick, from the board, effective July 26, 2022.
  • On behalf of the entire board, I thank Mike for his years of dedicated service, said Jean Blackwell, chair of Ingevitys board.
  • Were excited to welcome two highly qualified and accomplished individuals, who will add significant value, to our board of directors, said Blackwell.

CTSI Acquires Firecom

Retrieved on: 
Tuesday, July 12, 2022

CHANTILLY, Va., July 12, 2022 /PRNewswire/ -- Corbett Technology Solutions, Inc. ("CTSI"), a portfolio company of Wind Point Partners ("Wind Point"), is pleased to announce the acquisition of Firecom (the "Company"), the largest privately held fire alarm company in New York City. Firecom provides turnkey design, engineering, installation, maintenance, and repair services for customers across New York and other major cities across the United States.

Key Points: 
  • "We are very pleased to add Firecom and their best-in-class customer service to the CTSI family," said Joe Oliveri, President and CEO of CTSI.
  • "Firecom is a leader in this space, significantly expands the CTSI Fire Business Unit, and complements the rapid growth and successful integration of our recent AFA Protective Systems acquisition," stated Nathan Brown, Managing Director at Wind Point.
  • "By joining CTSI, we continue the fantastic Firecom legacy we've developed for our customers and employees, while enabling continued growth and expansion with our new and enhanced capabilities and geographic reach," commented Paul Mendez, President and CEO of Firecom.
  • Firecom represents the tenth acquisition for CTSI since partnering with Wind Point in June of 2020.

STG Logistics Broadens Commercial Organization to Meet Expanded Capabilities and Footprint

Retrieved on: 
Monday, June 27, 2022

CHICAGO, June 27, 2022 /PRNewswire/ -- STG Logistics ("STG") announced today it is taking the next step in its integration and growth, with a revamped Commercial Organization designed to meet the company's expanded Coast to Coast container logistic solutions. Jennifer Thayer has been appointed Chief Commercial Officer of STG, after leading the sales efforts at XPO Intermodal since April 2021.

Key Points: 
  • CHICAGO, June 27, 2022 /PRNewswire/ -- STG Logistics ("STG") announced today it is taking the next step in its integration and growth, with a revamped Commercial Organization designed to meet the company's expanded Coast to Coast container logistic solutions.
  • Jennifer Thayer has been appointed Chief Commercial Officer of STG, after leading the sales efforts at XPO Intermodal since April 2021.
  • "Jennifer brings with her unparalleled passion for business development, talent development and organizational effectiveness," said STG CEO Paul Svindland.
  • From the simplest labor solution in a client's facility to the most complex site selection, STG Logistics will partner with you!

Skye Bioscience Signs Arrangement Agreement with Emerald Health Therapeutics

Retrieved on: 
Thursday, May 12, 2022

San Diego, California, May 12, 2022 (GLOBE NEWSWIRE) -- Skye Bioscience, Inc. (OTCQB: SKYE) (“Skye”) and Emerald Health Therapeutics, Inc. (CSE: EMH; OTCQB: EMHTF) (“Emerald”) announced today that the companies have entered into a definitive agreement with respect to a transaction to be completed by way of a Plan of Arrangement (the “Arrangement”) whereby Skye would acquire all of the issued and outstanding shares of Emerald in a share-for-share-transaction. Skye is a San Diego-based pharmaceutical company developing proprietary, synthetic cannabinoid derivatives to treat glaucoma and other diseases with significant unmet needs. Emerald possesses cash and non-cash assets that Skye would acquire through the Arrangement. The proposed Arrangement is subject to approval by each company’s common stockholders and by the Supreme Court of British Columbia, Canada.

Key Points: 
  • As a result of the Arrangement, current Skye stockholders would own approximately 54% of the common stock of Skye and former shareholders of Emerald would own approximately 46% of Skyes common stock.
  • Under the Arrangement, Skye will issue Emerald shareholders 1.95 shares of Skyes common stock (the Exchange Ratio) in exchange for each Emerald share.
  • The board of directors of each of Emerald and Skye has unanimously approved the Arrangement and recommend that their respective shareholders vote in favor of the Arrangement.
  • We believe we have found it in Skye Bioscience, said Bobby Rai, Chair of the Boards Special Committee of Emerald Health Therapeutics.

Great Point Partners Invests in JPA Health, Leading Marketing Communications Agency

Retrieved on: 
Wednesday, May 4, 2022

GREENWICH, Conn. and WASHINGTON, May 4, 2022 /PRNewswire-PRWeb/ -- Today Great Point Partners ("GPP"), a Greenwich-based private investment firm focused on the health care industry, announced the growth recapitalization of JPA Health ("JPA" or the "Company"). JPA is a high growth and leading public relations, marketing, and patient advocacy firm, providing strategic and creative services across the health care industry. The Company was founded in 2007 by Carrie Jones, its Chief Executive Officer. The Company is headquartered in Washington D.C., with offices in Boston, New York, and London, and has more than 90 employees.

Key Points: 
  • Great Point Partners a Greenwich-based private investment firm focused on the health care industry, announced the growth recapitalization of JPA Health.
  • GREENWICH, Conn. and WASHINGTON, May 4, 2022 /PRNewswire-PRWeb/ -- Today Great Point Partners ("GPP"), a Greenwich-based private investment firm focused on the health care industry, announced the growth recapitalization of JPA Health ("JPA" or the "Company").
  • JPA is a high growth and leading public relations, marketing, and patient advocacy firm, providing strategic and creative services across the health care industry.
  • Great Point Partners has provided growth equity, growth recapitalization, and management buyout financing to more than 200 growing health care companies.

POINT SECURES $115 MILLION IN SERIES C FUNDING TO SCALE HOME EQUITY PLATFORM AND EXPAND FOOTPRINT

Retrieved on: 
Tuesday, May 3, 2022

PALO ALTO, Calif., May 3, 2022 /PRNewswire/ -- Point, a fintech company and home equity platform that provides homeowners access to equity financing in exchange for a fractional share of the future value of their homes, has secured $115 million in additional funding to accelerate company growth. Point's Series C fundraise was led by WestCap, with participation from other existing investors Andreessen Horowitz, Ribbit Capital, Redwood Trust, Atalaya Capital Management, and DAG Ventures. New investors include Deer Park Road Management, The Palisades Group, and Alpaca VC.

Key Points: 
  • Point has experienced rapid growth, with Q1 2022 funding volume up more than 5x YoY.
  • "We've built strong momentum at Point and we welcome this vote of confidence from premier equity investors in our continued success," said Eddie Lim, CEO and Co-Founder of Point.
  • The $115 million funding allows Point to scale its home equity platform while extending its execution and distribution advantages.
  • To date, Point has raised over $170 million in equity capital.

Array Technologies Names Kevin Hostetler as Chief Executive Officer

Retrieved on: 
Tuesday, April 5, 2022

ALBUQUERQUE, N.M., April 05, 2022 (GLOBE NEWSWIRE) -- Array Technologies (NASDAQ: ARRY) (Array or the Company), a leading provider of tracker solutions and services for the utility-scale solar energy industry, today announced that Kevin Hostetler has been appointed Chief Executive Officer, effective April 18, 2022.

Key Points: 
  • ALBUQUERQUE, N.M., April 05, 2022 (GLOBE NEWSWIRE) -- Array Technologies (NASDAQ: ARRY) (Array or the Company), a leading provider of tracker solutions and services for the utility-scale solar energy industry, today announced that Kevin Hostetler has been appointed Chief Executive Officer, effective April 18, 2022.
  • We are excited to welcome Kevin as Chief Executive Officer to lead Array through its next phase of growth, said Brad Forth, Chairman of Array Technologies.
  • Given his immense experience in senior leadership roles, we are confident Kevin can lead Array to growth and operational excellence for the foreseeable future.
  • Array Technologies is a company that I have admired for some time now, Mr. Hostetler said.

STG Logistics Acquires the Intermodal Division of XPO Logistics

Retrieved on: 
Friday, March 25, 2022

CHICAGO, March 25, 2022 /PRNewswire/ -- STG Logistics ("STG") announced today that it has expanded its leading position in containerized logistics through the acquisition of the intermodal division of XPO Logistics, one of the largest providers of container transportation services in North America. The combined business, which will go to market as STG Logistics, will stand as North America's leading provider of seamless, fully integrated, port-to-door containerized logistics services including drayage, transloading, warehousing, fulfillment, rail transportation, and associated final mile distribution.  As part of this transaction, STG, a portfolio company of Wind Point Partners ("Wind Point") since 2016, was recapitalized by Wind Point as well as funds managed by Oaktree Capital Management, L.P. ("Oaktree"), including Oaktree's Transportation Infrastructure Investing and Global Opportunities Group.

Key Points: 
  • CHICAGO, March 25, 2022 /PRNewswire/ -- STG Logistics ("STG") announced today that it has expanded its leading position in containerized logistics through the acquisition of the intermodal division of XPO Logistics, one of the largest providers of container transportation services in North America.
  • Current STG COO Todd Larson will lead the legacy STG operations as EVP of STG and COO of STG's Distribution segment, and Paul Smith, formerly President of XPO's intermodal division, will lead STG's intermodal operations as EVP of STG and COO of STG Intermodal.
  • Paul Smith, incoming COO of STG Intermodal, stated "The combination of STG and the intermodal division of XPO creates a truly unique business in containerized logistics whose value proposition will resonate with every single one of our customers.
  • Deutsche Bank Securities Inc. acted as M&A adviser to STG Logistics and Oaktree on STG's acquisition of XPO's intermodal division.

CTSI Acquires Enterprise Security Solutions

Retrieved on: 
Tuesday, March 15, 2022

CHANTILLY, Va., March 15, 2022 /PRNewswire/ -- Corbett Technology Solutions, Inc. ("CTSI"), a portfolio company of Wind Point Partners ("Wind Point"), is pleased to announce the acquisition of Enterprise Security Solutions ("ESS" or the "Company"), a security systems integrator providing turnkey design, installation, and support for data center, government, and utility sector clients.

Key Points: 
  • "Enterprise Security Solutions significantly enhances our security integration and support capabilities, while expanding our critical infrastructure, data center, and utility customer base," said Joe Oliveri, President and CEO of CTSI.
  • "We are excited to welcome Enterprise Security Solutions to CTSI."
  • Established in 2014 and headquartered in Ashburn, VA., Enterprise Security Solutions helps data center, utility, enterprise, and government clients protect facilities, infrastructure, and personnel.
  • CTSI is a global systems integrator of fire, security, critical communications, collaboration, IT, and audiovisual solutions for enterprise, government, healthcare, and education customers.