ECP

Braya Renewable Fuels receives a $300 Million investment from Energy Capital Partners.

Retrieved on: 
Thursday, April 20, 2023

Strategic capital will support conversion of Braya's refinery operations in Come By Chance,

Key Points: 
  • Strategic capital will support conversion of Braya's refinery operations in Come By Chance,
    COME BY CHANCE, NL, April 20, 2023 /PRNewswire/ - Braya Renewable Fuels ("Braya"), a Newfoundland and Labrador, Canada-based producer of low-emission renewable fuels, today announced a $300 million preferred equity investment from Energy Capital Partners ("ECP"), a leading energy transition focused investor in the electricity, clean energy, renewable and sustainable infrastructure sectors.
  • Combined, these fuels – renewable diesel, sustainable aviation fuel, hydrogen, and ammonia – will provide alternatives to fossil fuels and reduce the emissions associated with hard-to-abate sectors such as heavy transport, aviation and heavy industry.
  • "We welcome ECP, a seasoned investor in the energy transition sector, to the Braya team," said Cresta's Managing Partner, Chris Rozzell.
  • "This investment is a major step in positioning Braya to become one of the largest independently owned renewable fuel producers in the world."

EDENRED : First-quarter 2023 revenue - Edenred starts the year with further strong revenue growth, leveraging its platform advantage to the full

Retrieved on: 
Thursday, April 20, 2023

Operating revenue in Europe excluding France totaled €238 million in first-quarter 2023, an increase of 22.7% as reported (+23.3% like-for-like) versus the prior-year period.

Key Points: 
  • Operating revenue in Europe excluding France totaled €238 million in first-quarter 2023, an increase of 22.7% as reported (+23.3% like-for-like) versus the prior-year period.
  • After achieving record results in 2022, Edenred has confirmed its very good business momentum in the first quarter of 2023.
  • Edenred has signed an agreement to acquire 75% of the share capital of GOintegro, a Latin American provider of a SaaS6 employee engagement platform.
  • Through the integration of GOintegro’s modular employee engagement platform, Edenred is broadening its offer and strengthening its lead in Latin America’s Employee Benefits market.

NextFoods Merges GoodBelly and Cheribundi

Retrieved on: 
Wednesday, April 5, 2023

NextFoods, a pioneer in the functional food and beverage industry since 2006, announced today the merger of all-natural sports nutrition leader Cheribundi and gut health innovator GoodBelly .

Key Points: 
  • NextFoods, a pioneer in the functional food and beverage industry since 2006, announced today the merger of all-natural sports nutrition leader Cheribundi and gut health innovator GoodBelly .
  • As part of the merger, Marcel Bens, current CEO of Cheribundi, will step into the role of CEO of NextFoods.
  • “Cheribundi and GoodBelly are dedicated to providing natural products that offer scientifically-proven health benefits,” said Bens.
  • Furthermore, NextFoods offers the scale to support over 20,000 retail locations for GoodBelly and Cheribundi products.

Energize Colorado - Colorado's Newest Mission Based Lender

Retrieved on: 
Thursday, March 23, 2023

Founded during the earliest days of the pandemic, Energize Colorado supported and built innovative solutions to deflect the impacts of business closures and invested heavily in the entrepreneurs who needed help the most.

Key Points: 
  • Founded during the earliest days of the pandemic, Energize Colorado supported and built innovative solutions to deflect the impacts of business closures and invested heavily in the entrepreneurs who needed help the most.
  • As Energize Colorado enters this next phase of growth, the nonprofit is working to expand its investments across the state to leave a lasting impact on entrepreneurs.
  • Earlier this month, Energize Colorado announced the launch of their Energize Community Program (ECP).
  • To reach their mission of "creating a resilient and equitable small business ecosystem," Energize Colorado is now seeking to become a certified Community Development Financial Institution (CDFI).

Modine Provides Thermal Management for REV Fire Group's All-Electric Fire Truck, the Vector™

Retrieved on: 
Tuesday, March 21, 2023

RACINE, Wis., March 21, 2023 /PRNewswire/ -- The unique needs of specialty vehicles like fire and emergency service vehicles must be met for the full benefit of zero-emission transportation solutions to be realized. To that end, Modine Manufacturing Company (NYSE: MOD, "Modine"), a leader in thermal management technology and solutions, today announced an expansion of its partnership with REV Group, Inc. (NYSE: REVG) and its fire apparatus manufacturing brands E-ONE, KME, Ferrara and Spartan Emergency Response. Modine will supply its EVantage™ thermal management systems for the Vector™, the first North American-style all-electric fire truck.

Key Points: 
  • Purpose-built thermal management solutions from Modine keep EV systems in optimal temperature ranges for REV Group's fire apparatus brands E-ONE, KME, Ferrara and Spartan Emergency Response.
  • Modine will supply its EVantage™ thermal management systems for the Vector™, the first North American-style all-electric fire truck.
  • Each Vector fire truck will be equipped with the complete suite of Modine thermal management systems, including the EVantage Battery Thermal Management System (BTMS), Electronics Cooling Package (ECP), and cabin heating and cooling circuits.
  • We are thrilled to continue cultivating our relationship as we supply REV Group fire trucks with our advanced thermal technology."

ECP Announces Acquisition of MindGeek, Parent Company of Pornhub

Retrieved on: 
Thursday, March 16, 2023

MindGeek is a dynamic tech company that manages some of the most popular adult entertainment platforms in the world.

Key Points: 
  • MindGeek is a dynamic tech company that manages some of the most popular adult entertainment platforms in the world.
  • ECP investment in MindGeek is based on the following:
    Leveraging ECP's experience and expertise to further position MindGeek as the internet's most popular platform for adult content.
  • "At ECP, we seek out innovative and ethically-driven companies that operate at the frontier of new, evolving industries.
  • MindGeek's comprehensive Trust & Safety Program includes, among other policies:
    Only verified users are able to upload content to Pornhub and other MindGeek platforms.

ECP Announces Acquisition of MindGeek, Parent Company of Pornhub

Retrieved on: 
Thursday, March 16, 2023

MONTREAL, March 16, 2023 /PRNewswire/ -- Ethical Capital Partners (ECP), a private equity firm managed by a multidisciplinary team with regulatory, law enforcement, public engagement and finance experience, today announced that it has acquired MindGeek, a technology and media company, owner of a large portfolio of adult entertainment properties, including Pornhub, YouPorn, Redtube, Brazzers, Men.com, Sean Cody, Trans Angels and Nutaku. 

Key Points: 
  • MindGeek is a dynamic tech company that manages some of the most popular adult entertainment platforms in the world.
  • ECP investment in MindGeek is based on the following:
    Leveraging ECP's experience and expertise to further position MindGeek as the internet's most popular platform for adult content.
  • "At ECP, we seek out innovative and ethically-driven companies that operate at the frontier of new, evolving industries.
  • MindGeek's comprehensive Trust & Safety Program includes, among other policies:
    Only verified users are able to upload content to Pornhub and other MindGeek platforms.

Tarsus Reports Full-Year 2022 Financial Results and Recent Business Achievements

Retrieved on: 
Monday, March 13, 2023

IRVINE, Calif., March 13, 2023 (GLOBE NEWSWIRE) -- Tarsus Pharmaceuticals, Inc. (NASDAQ: TARS), whose mission is to focus on unmet needs and apply proven science and new technology to revolutionize treatment for patients, starting with eye care, today announced financial results for the full-year ended December 31, 2022, and recent business achievements.

Key Points: 
  • Engaging with more than two-thirds of key optometrists and/or ophthalmologists, and top payers on Demodex blepharitis in anticipation of TP-03 August 25, 2023 PDUFA
    IRVINE, Calif., March 13, 2023 (GLOBE NEWSWIRE) -- Tarsus Pharmaceuticals, Inc. (NASDAQ: TARS), whose mission is to focus on unmet needs and apply proven science and new technology to revolutionize treatment for patients, starting with eye care, today announced financial results for the full-year ended December 31, 2022, and recent business achievements.
  • “In 2022 we had a clear vision to transform eyelid health, starting with the development of our novel investigational treatment for Demodex blepharitis, a disease that impacts millions of Americans.
  • This year, we continue to focus on this unique opportunity, and we are actively educating the market on the disease as we move closer to our PDUFA target action date,” said Bobak Azamian, M.D., Ph.D., Chief Executive Officer and Chairman of Tarsus.
  • “Alongside our efforts in Demodex blepharitis, we’re working to advance our pipeline, including the initiation of our Phase 2 trial in rosacea, and our planned Phase 2a data readouts from our Lyme disease prevention and MGD-related trials in the second half of 2023.

Energize Colorado - Energize Community Program Applications Open Statewide

Retrieved on: 
Tuesday, March 14, 2023

YUMA, Colo., March 13, 2023 /PRNewswire/ -- Energize Colorado, the state's newest small business lending organization, is opening applications for their Energize Community Program (ECP) representing a $12 million investment in underserved entrepreneurs and communities across Colorado.

Key Points: 
  • YUMA, Colo., March 13, 2023 /PRNewswire/ -- Energize Colorado, the state's newest small business lending organization, is opening applications for their Energize Community Program (ECP) representing a $12 million investment in underserved entrepreneurs and communities across Colorado.
  • Applications are open statewide with priority given to women, Black, Indigenous, People of Color (BIPOC), rural, and veteran-owned businesses.
  • As one of Colorado's newest and fastest growing small business lenders, we hope to support the launch of their Energize Community Program across the state, including my hometown of Greeley, Colorado."
  • For those interested in more information on the Energize Community Program, they are encouraged to visit energizecolorado.com/ecp.

The St. Joe Company Announces Plans to Open 5 New Hotels in the First Half of 2023

Retrieved on: 
Wednesday, March 8, 2023

Joe”) anticipates completing and opening five new hotels in the first half of 2023.

Key Points: 
  • Joe”) anticipates completing and opening five new hotels in the first half of 2023.
  • These hotels include The Lodge 30A, an 85-room boutique hotel located on Scenic Highway 30A that opened in February.
  • Once complete, these properties will more than double the number of available hotel rooms in St. Joe’s portfolio, from 531 to 1,177 rooms.
  • With the addition of Camp Creek Inn and The Lodge 30A, St. Joe will grow its significant hotel presence in this area.