Surge

Branded Legacy, Inc. To Add $320,000 In Revenue With New White Label Contract

Retrieved on: 
Tuesday, April 9, 2024

MELBOURNE, Fla., April 9, 2024 /PRNewswire/ -- Royal Biotek, a  subsidiary of Branded Legacy, Inc. (Symbol: $BLEG), is proud to announce the expansion of its Everglade line, a distinguished collection of cannabis products, crafted exclusively for Surge Distribution Co. This expansion not only builds on the initial success of the Everglade gummies but also marks a significant stride in Royal Biotek's commitment to delivering tailored cannabis solutions that meet the specific needs of Surge Distribution's diverse clientele.

Key Points: 
  • This addition is a testament to our ongoing commitment to customer satisfaction and reinforces our position as a trusted leader in premium cannabis offerings."
  • This development is expected to significantly contribute to Branded Legacy's revenue growth in the early stages of the second quarter.
  • "The addition of new products to the Everglade line is a pivotal moment for Royal Biotek, reinforcing our leadership in the fast-evolving cannabis and white label markets," Oswald added.
  • Branded Legacy also announced the signing of three white label agreements with Surge Distribution Company and Kava & Hobbs just last quarter.

Surge Ventures Expands Board of Advisors with the Addition of Nimesh Mehta, Joseph Kuo, Brian Johnson and Ann Robinson

Retrieved on: 
Monday, January 22, 2024

MENLO PARK, Calif., Jan. 22, 2024 /PRNewswire/ -- Surge Ventures (Surge), a new SaaS venture studio initially targeting the financial services and wealth management industry, announced the expansion of its advisory board comprised of wealth management and FinTech industry executives to help guide the firm as it continues its journey to find, fund and nurture the leading technologies of tomorrow. New Board members are Nimesh Mehta, Joseph Kuo, Brian Johnson and Ann Robinson. They join current members, Jason Lish (Chairman), Dr. Neil Daswani, John Rostern, Larry Roth, Matthew Martin, Geoff Moore.

Key Points: 
  • New Board members are Nimesh Mehta, Joseph Kuo, Brian Johnson and Ann Robinson.
  • Surge has established a strong Industry Council comprised of seasoned executives and influencers from across the FinTech and wealth management sectors.
  • The new Board members will add their voices as strategic counselors to Surge's leadership, as the firm executes its vision and growth plans.
  • "I am extremely excited to welcome Nimesh, Joe, Brian and Ann to the Surge Ventures Industry Council," said Lish.

Rugged Suppressors Announces the SurgeX™

Retrieved on: 
Tuesday, January 16, 2024

TRAVELERS REST, S.C., Jan. 16, 2024 /PRNewswire/ -- Rugged Suppressors, a pioneering force in the realm of durable silencers, proudly announces the latest addition to their product line – the SurgeX™.

Key Points: 
  • TRAVELERS REST, S.C., Jan. 16, 2024 /PRNewswire/ -- Rugged Suppressors, a pioneering force in the realm of durable silencers, proudly announces the latest addition to their product line – the SurgeX™.
  • Rugged Suppressors' President, Henry Graham stated, "Ten years ago we launched Rugged Suppressors with the Surge762™.
  • "The SurgeX is made in-house with US materials as are all Rugged Suppressors.
  • This allows us meticulous control over every stage of production, from raw material selection to final assembly - ensuring that stringent quality standards are met," added Michael Derdziak, Rugged Suppressors' CEO.

Surge Private Equity Closes Investment into Coastal Amusements

Retrieved on: 
Friday, December 8, 2023

On December 1st, 2023, Dallas-based Surge Private Equity, LLC (“Surge”) closed an investment into Coastal Amusements, Inc. (“Coastal” or the “Company”), a leading designer, manufacturer, and importer of coin-operated ticket and prize redemption games headquartered in New Jersey.

Key Points: 
  • On December 1st, 2023, Dallas-based Surge Private Equity, LLC (“Surge”) closed an investment into Coastal Amusements, Inc. (“Coastal” or the “Company”), a leading designer, manufacturer, and importer of coin-operated ticket and prize redemption games headquartered in New Jersey.
  • CoView Capital , a Manhattan-based investment bank, acted as sole advisor to Coastal.
  • Through this investment, Surge aims to leverage Coastal’s expertise and market position to capitalize on the growing demand for engaging and interactive entertainment experiences.
  • "We look forward to this partnership with Coastal to help guide the Company to its next phase of growth.

SurgePE Closes Elite Clinical Network Investment

Retrieved on: 
Friday, September 8, 2023

On September 8th, 2023, Dallas-based Surge Private Equity, LLC (“Surge”) announced that it has formed a new strategic partnership with Elite Clinical Network, LLC (“ECN” or the “Company”), an integrated platform currently operating a network of phase I-IV clinical research sites throughout California, Arizona, and Nevada that has completed thousands of studies.

Key Points: 
  • On September 8th, 2023, Dallas-based Surge Private Equity, LLC (“Surge”) announced that it has formed a new strategic partnership with Elite Clinical Network, LLC (“ECN” or the “Company”), an integrated platform currently operating a network of phase I-IV clinical research sites throughout California, Arizona, and Nevada that has completed thousands of studies.
  • The transaction, valued at ~$200MM, closed with debt financing provided by affiliates of MGG Investment Group LP .
  • ECN is a leader in rapid protocol patient acquisition and currently operates a dedicated network of 14 research sites, with more in development across the United States.
  • ECN often satisfies sponsor enrollment goals for clinical trials within six months of activation, which allows sponsors to quickly launch new vaccines and drugs while reducing costs.

Nationally Recognized Nonprofit Funds Three Ventures Founded by Education Leaders of Color

Retrieved on: 
Monday, January 30, 2023

CHICAGO, Jan. 30, 2023 /PRNewswire/ -- The Surge Institute, a national nonprofit known for programming that creates transformative spaces for education leaders of color, recently awarded $100,000 in funding to three early-stage ventures run by Black, Latinx, Asian, and Pacific Islander education leaders. The awards were determined on Thursday, January 19, during a special Pitch Night event in Austin for participants in the Surge Angels Cohort. The event was the culmination of an intensive seven-month program.

Key Points: 
  • The awards were determined on Thursday, January 19, during a special Pitch Night event in Austin for participants in the Surge Angels Cohort.
  • Tiara Wheatley, Vice President of Alumni Impact for Surge, served as emcee for the evening, which was held at the Omni Austin Hotel.
  • After pitches from 10 Surge alumni representing all 4 sites with alumni, the panel of Angel investors funded the growth and development of top ventures.
  • Among the ventures were education consultancies, technology firms, and youth counseling programs, all with the ultimate goal of improving education outcomes for members of their communities.

Shipsy Announces its First ESOP Buyback

Retrieved on: 
Tuesday, December 13, 2022

GURUGRAM, India, Dec. 13, 2022 /PRNewswire/ -- Shipsy , a leading SaaS-based smart logistics management provider, recently announced its first ESOP buyback.

Key Points: 
  • GURUGRAM, India, Dec. 13, 2022 /PRNewswire/ -- Shipsy , a leading SaaS-based smart logistics management provider, recently announced its first ESOP buyback.
  • The buyback was open to all existing, full-time employees of Shipsy who have completed at least one year of full-time employment.
  • Shipsy's early-stage investors have already realized significant value in the organization's secondary and buyback transactions in the past one and a half years.
  • Also, to ensure rapid adoption of its technology across the globe, Shipsy is partnering with global system integrators, evangelists, and independent software providers.

Shipsy Announces its First ESOP Buyback

Retrieved on: 
Tuesday, December 13, 2022

GURUGRAM, India, Dec. 13, 2022 /PRNewswire/ -- Shipsy , a leading SaaS-based smart logistics management provider, recently announced its first ESOP buyback.

Key Points: 
  • GURUGRAM, India, Dec. 13, 2022 /PRNewswire/ -- Shipsy , a leading SaaS-based smart logistics management provider, recently announced its first ESOP buyback.
  • The buyback was open to all existing, full-time employees of Shipsy who have completed at least one year of full-time employment.
  • Shipsy's early-stage investors have already realized significant value in the organization's secondary and buyback transactions in the past one and a half years.
  • Also, to ensure rapid adoption of its technology across the globe, Shipsy is partnering with global system integrators, evangelists, and independent software providers.

Best-Selling & Award-Winning Gaming Accessories Brand Turtle Beach Announces New Partnership With Seattle Surge

Retrieved on: 
Wednesday, November 30, 2022

Leading gaming accessory maker Turtle Beach Corporation (Nasdaq: HEAR) today announced a new partnership with the Seattle Surge .

Key Points: 
  • Leading gaming accessory maker Turtle Beach Corporation (Nasdaq: HEAR) today announced a new partnership with the Seattle Surge .
  • The best-selling Turtle Beach gaming headset brand is now the official headset of the Seattle Surge as the popular esports franchise loads out for a breakout year in the 2022-23 Call of Duty League (CDL) Season.
  • Colby Fackler, Chief Business Officer, Lacrosse & Esports, Canucks Sports & Entertainment added, Were excited to begin our partnership with Turtle Beach.
  • The Companys namesake Turtle Beach brand ( www.turtlebeach.com ) is known for designing best-selling gaming headsets, top-rated game controllers, and ground-breaking gaming simulation accessories.

Surge Energy Publishes 2022 Corporate Sustainability Report

Retrieved on: 
Tuesday, October 18, 2022

HOUSTON, Oct. 18, 2022 /PRNewswire/ -- Surge Energy US Holdings Company ("Surge" or the "Company") today announced the release of the Company's 2022 Corporate Sustainability Report.

Key Points: 
  • HOUSTON, Oct. 18, 2022 /PRNewswire/ -- Surge Energy US Holdings Company ("Surge" or the "Company") today announced the release of the Company's 2022 Corporate Sustainability Report.
  • This report is the Company's third annual report, and its first report made publicly available to all stakeholders, which provides a comprehensive overview of Surge's sustainability performance in 2021 as well as significant progress made on relevant environmental, social, and governance ("ESG") initiatives.
  • This includes our newest commitment to four distinct sustainability targets that we believe will align our workforce on sustainability initiatives and accelerate performance improvement."
  • Highlights from Surge's 2022 sustainability report include:
    Four new ESG goals addressing Scope 1 GHG intensity, frac fleet fuel consumption, Scope 1 methane intensity, and recycled water use
    Efforts taken to reduce the Company's environmental impact, such as:
    Commissioning a second electrical substation scheduled to come online in late 2022, which will allow for the replacement of on-site diesel power generation, reducing costs and eliminating local emissions from the majority of Surge's acreage; and
    Read Surge's full 2022 Corporate Sustainability Report HERE .