New Ventures

Partners Group to acquire ROSEN Group, a global provider of mission-critical inspection services for energy infrastructure assets

Retrieved on: 
Thursday, December 14, 2023
Inspection, Partners Group, Data analysis, R, Corrosion, Comment, Environment, Growth, ROSEN Group, Natural gas, Automation, Partner, Investment, Safety, Construction, Management, New Ventures

Partners Group to acquire ROSEN Group, a global provider of mission-critical inspection services for energy infrastructure assets

Key Points: 
  • Partners Group to acquire ROSEN Group, a global provider of mission-critical inspection services for energy infrastructure assets
    Partners Group, a leading global private markets firm, acting on behalf of its clients, has agreed to acquire ROSEN Group ("ROSEN" or "the Company"), a global provider of mission-critical inspection services for energy infrastructure assets, from its founder, Hermann Rosen.
  • Mr. Rosen will remain a significant partner alongside Partners Group in supporting the Company's next phase of growth.
  • Headquartered in Switzerland, ROSEN provides recurring, regulatory-driven inspection and integrity management services for energy transmission pipelines.
  • The Company is a global leader in inspection services, operating from 25 locations and covering more than 120 countries.

EnerSys Reports Second Quarter Fiscal 2024 Results

Retrieved on: 
Wednesday, November 8, 2023
Automotive, EV, Electric Vehicles, Technology, Batteries, Alternative Energy, Energy, Alternative Vehicles, Fuels, IRS, PIN, Public expenditure, EST, IRA, Corporation, GAAP, Acquisition, EPS, EnerSys, Depreciation, Table, IRC, Bank, Pharmaceutical industry, Security (finance), New Ventures

Net sales for the second quarter of fiscal 2024 were $901.0 million, an increase of 0.2% from the prior year second quarter net sales of $899.4 million.

Key Points: 
  • Net sales for the second quarter of fiscal 2024 were $901.0 million, an increase of 0.2% from the prior year second quarter net sales of $899.4 million.
  • Excluding these highlighted items, adjusted Net earnings per diluted share for the second quarter of fiscal 2024, on a non-GAAP basis, were $1.84, compared to the guidance of $1.77 to $1.87 per diluted share for the second quarter given by the Company on August 9, 2023.
  • These earnings compare to the prior year second quarter adjusted Net earnings of $1.11 per diluted share.
  • The Company will host a conference call to discuss its second quarter 2024 financial results at 9:00 AM (EST) Thursday, November 9, 2023.

THE BLACK WOMEN'S AGENDA, INC. HOSTS 46TH ANNUAL SYMPOSIUM TOWN HALL & AWARDS LUNCHEON

Retrieved on: 
Friday, September 22, 2023
American Heart Association, Health equity, National Partnership for Women & Families, Chemistry, MSNBC, Washington Center, Environment, Town hall, Wellness, Chair, Corporate Affairs, University, General council, Human services, United States Department of Health and Human Services, Fear, Life, Fencer, Former, Symone Sanders-Townsend, Organization, Administration, Congressional district, Academy of Motion Picture Arts and Sciences, Woman, Mental health, Gilead Sciences, Democratic National Convention, AARP, Multimedia, University of Notre Dame, Assistant, Creativity, Labour, Cass Technical High School, Education, BWA, Princeton University, Black women, SAG, Arizona State University, Agenda, Science, Health, Nursing, Film industry, Music, Pharmacy, New Ventures

WASHINGTON, Sept. 22, 2023 /PRNewswire/ -- At a time when suspicion, intolerance, and virulent rhetoric tear at the fabric of our society, The Black Women's Agenda, Inc. (BWA) is embracing inclusivity. At its 46th Annual Symposium Town Hall & Awards Luncheon today, the organization saluted celebrities, elected officials, and leaders in the health, education, and business arenas pursuing a more perfect union. It also encouraged more than 1,500 participants and supporters to tear down the walls of fear, doubt, and insecurity that surround themselves and their communities and open themselves up instead to opportunities to seek common ground and establish an environment where everyone can thrive. 

Key Points: 
  • At its 46th Annual Symposium Town Hall & Awards Luncheon today, the organization saluted celebrities, elected officials, and leaders in the health, education, and business arenas pursuing a more perfect union.
  • "The United States is the most diverse nation on earth, and that is its superpower," said BWA President Gwainevere Catchings Hess.
  • "A more perfect union requires the talents, creativity, insights, and contributions of all of its people.
  • View original content to download multimedia: https://www.prnewswire.com/news-releases/the-black-womens-agenda-inc-hos...
    SOURCE The Black Women's Agenda, Inc.

BlueVoyant Empowers Next Generation of the STEM Workforce

Retrieved on: 
Friday, August 18, 2023
Workforce, Bioethics, United States Secretary of Education, U.S. Department of Defense Strategy for Operating in Cyberspace, Maryland Department of Labor, Science, technology, engineering, and mathematics, BGE, New Ventures, Assistant, Student, Outreach, Maryland Department of the Environment, STEM, Environment, Management, Science, Engineering

BALTIMORE, Aug. 18, 2023 /PRNewswire/ -- BlueVoyant, a leading global cybersecurity firm, is honored to team up with the Transforming Lives Community Development Corporation (TLCDC) to deliver new career opportunities to budding professionals in Science, Technology, Engineering and Math (STEM). Working with STEMcx, the education arm of TLCDC, BlueVoyant is proudly helping expose students from underrepresented areas to STEM fields.

Key Points: 
  • Working with STEMcx , the education arm of TLCDC, BlueVoyant is proudly helping expose students from underrepresented areas to STEM fields.
  • The sponsors of the internships – BlueVoyant, the U.S. Department of Education, BGE, the Annie Casey Foundation, and the New Venture fund, realize the importance of investing in these talented students in assuring a more diverse STEM workforce in the future.
  • "The issue of diversity in STEM is something that has been well-documented for as long as we can remember.
  • Internships offering minorities first-hand experience in STEM fields and valuable networking opportunities will help to diversify the STEM workforce.

EnerSys Reports First Quarter Fiscal 2024 Results

Retrieved on: 
Wednesday, August 9, 2023
Automotive, Technology, EV, Electric Vehicles, Batteries, Alternative Energy, Energy, IRC, IRS, Table, GAAP, IRA, EDT, Public expenditure, PIN, Acquisition, EnerSys, Risk, Corporation, Depreciation, EPS, Bank, Pharmaceutical industry, Security (finance), New Ventures

A reconciliation of operating earnings to Non-GAAP adjusted earnings are provided in tables under the section titled Business Segment Operating Results.

Key Points: 
  • A reconciliation of operating earnings to Non-GAAP adjusted earnings are provided in tables under the section titled Business Segment Operating Results.
  • Net sales for the first quarter of fiscal 2024 were $908.6 million, an increase of 1.1% from the prior year first quarter net sales of $899.0 million and decreased 8.2% from the fourth quarter of fiscal 2023 net sales of $989.9 million.
  • In the second quarter of fiscal 2024, we expect:
    Adjusted diluted earnings per share in the range of $1.77 to $1.87, inclusive of $0.42 to $0.52 from IRC 45X tax benefits.
  • The Company will host a conference call to discuss its first quarter 2024 financial results at 9:00 AM (EDT) Thursday, August 10, 2023.

Cloudinary Launches New Ventures and Debuts FinalTouch, an AI-powered Platform Transforming Visual Media Creation

Retrieved on: 
Wednesday, June 28, 2023
Technology, Photography, Audio, Video, Software, Electronic Commerce, Artificial Intelligence, Final Cut Pro, Synthetic media, Venture, Cloudinary, Love, Online shopping, New Ventures

Cloudinary , the image and video platform that powers many of the world’s top brands, today launched New Ventures.

Key Points: 
  • Cloudinary , the image and video platform that powers many of the world’s top brands, today launched New Ventures.
  • The new Cloudinary initiative will serve as an incubator to drive a sustainable competitive advantage by exploring new domains and market opportunities in visual media and applying groundbreaking technologies like generative AI.
  • New Ventures’ debut release is FinalTouch, a powerful generative AI solution that transforms generic product images into captivating, brand-friendly scenes in an instant.
  • “With FinalTouch, we are empowering businesses to transform their visual content in minutes, without the need for specialized design skills.

ClearSale’s $15.5 Million in New Sales Part of Strong Q4 Earnings Report

Retrieved on: 
Wednesday, May 24, 2023
Technology, Payments, Security, Fintech, Electronic Commerce, Professional Services, Software, Internet, Retail, Online Retail, IPO, Agility, ClearSale, Intelligence, Financial innovation, USD, Silver, P&L, Acquisition, Diving, Growth, Disposable household and per capita income, Video game, Management, New Ventures

The company’s impressive end of year earnings included an 11.4% increase over 2021, totaling more than USD$102 million.

Key Points: 
  • The company’s impressive end of year earnings included an 11.4% increase over 2021, totaling more than USD$102 million.
  • ClearSale’s Adjusted Gross Margin returned to pre-IPO levels, with the company’s success in 2022, and in particular in Q4, following changes to both direction and organizational structure.
  • During the year, the company shifted strategy to balance growth with profitability, resulting in a 15.1% growth rate in Q4 of 2022, compared with Q1’s 7.6% growth rate.
  • These changes, and the associated growth and profitability, have not changed ClearSale’s position as a customer service leader and as an employer of choice.

Dow Jones and TuneIn Launch WSJ Radio

Retrieved on: 
Thursday, May 4, 2023
Apps, Applications, Technology, Finance, Entertainment, Professional Services, Mobile Entertainment, Audio, Video, TV and Radio, Internet, Podcast, Dow Jones & Company, NFL, Music, Journalism, Partnership, Dow, News Corp, The Wall Street Journal, Fox News Radio, Dow Jones, NHL, Wall Street, Multimedia, CNN, Factiva, NWSA, Organization, MSNBC, CNBC, Publication, Bloomberg, Love, MarketWatch, MLB, Radio, NWS, News, Financial News, Mobile phone, New Ventures, CSPAN, TuneIn

TuneIn, the world’s leading live-streaming audio service, announced today a new commercial partnership with Dow Jones to launch the WSJ Radio channel on TuneIn, with curated audio content from Dow Jones’s award-winning publications: The Wall Street Journal, Barron’s, MarketWatch and Investor’s Business Daily.

Key Points: 
  • TuneIn, the world’s leading live-streaming audio service, announced today a new commercial partnership with Dow Jones to launch the WSJ Radio channel on TuneIn, with curated audio content from Dow Jones’s award-winning publications: The Wall Street Journal, Barron’s, MarketWatch and Investor’s Business Daily.
  • The WSJ Radio channel will feature Dow Jones’s trusted journalism, unmatched exclusives and insightful coverage of the business world and beyond.
  • The WSJ Radio channel will feature 24/7 programming and will be available globally, for free in an ad-supported stream and commercial-free for TuneIn Premium listeners.
  • “We’re thrilled to be able to partner with Dow Jones as they are the go-to source for international business news and data,” said Richard Stern, CEO of TuneIn.

Summit Leadership Partners Announces Board of Advisors

Retrieved on: 
Tuesday, May 2, 2023
Other Professional Services, Other Communications, Human Resources, Finance, Public Relations, Investor Relations, Consulting, Communications, Professional Services, New Ventures, Korn Ferry, PwC, Culture, Human Capital, GI Partners, Central Waqf Council, Bank of America, Partner, Friedman Fleischer & Lowe, Bain, Knowledge, Growth, Bain & Company, Allbirds, Bank, Coffee, Management, Accordion

Summit Leadership Partners , a leadership and organization performance advisory firm and top consulting firm for private equity and the middle market, today announced it has formed and appointed a Board of Advisors composed of five highly-experienced, renowned leaders who will help provide guidance and expertise to the management team on their strategies to grow and scale the company.

Key Points: 
  • Summit Leadership Partners , a leadership and organization performance advisory firm and top consulting firm for private equity and the middle market, today announced it has formed and appointed a Board of Advisors composed of five highly-experienced, renowned leaders who will help provide guidance and expertise to the management team on their strategies to grow and scale the company.
  • The Board of Advisors will provide strategic direction and support to Summit as the company continues to deliver expert counsel and insights that help investors, boards, and CEOs drive business performance and create value through human capital.
  • “We are thrilled to welcome our new Board of Advisors,” said Summit founder and CEO Dan Hawkins .
  • The board will provide strategic and operational guidance to the Summit management team while supporting the continued market expansion efforts.

Octet Scientific closes $1M funding round for chemical manufacturing in clean energy

Retrieved on: 
Tuesday, April 25, 2023
Octet, Zinc, National Science Foundation, Pleasure, Education minister, AMF, Cryptocurrency, Electric battery, Pharmaceutical industry, New Ventures

CLEVELAND, April 25, 2023 /PRNewswire/ -- Octet Scientific, Inc., a Cleveland-based maker of specialty chemicals for safe, sustainable batteries, has completed its seed-stage fundraising round, led by the Advanced Manufacturing Fund (AMF), powered by JumpStart Ventures with support from MAGNET. The AMF invests in early-stage physical-product and manufacturing-related ventures.

Key Points: 
  • CLEVELAND, April 25, 2023 /PRNewswire/ -- Octet Scientific, Inc., a Cleveland-based maker of specialty chemicals for safe, sustainable batteries, has completed its seed-stage fundraising round, led by the Advanced Manufacturing Fund (AMF), powered by JumpStart Ventures with support from MAGNET.
  • Octet is the world's first developer of specialty chemicals for zinc-based batteries, an inexpensive, nontoxic, and sustainable alternative to lithium-ion and lead-acid.
  • "We've got Octet in position to lead this new market and this funding puts critical wind in our sails."
  • "Octet has put itself in a position to be the specialty chemicals leader in an emerging market with huge potential.