Recycle Track Systems

120Water Secures $43M Growth Investment Led by Edison Partners

Retrieved on: 
Wednesday, January 10, 2024

Growth equity investment firm Edison Partners today announced leading a $43 million growth investment in 120Water , a leading cloud-based water management and testing system based in Zionsville, Indiana, with continued participation from Allos Ventures.

Key Points: 
  • Growth equity investment firm Edison Partners today announced leading a $43 million growth investment in 120Water , a leading cloud-based water management and testing system based in Zionsville, Indiana, with continued participation from Allos Ventures.
  • The new funds will be used to further expand the 120Water team, technology investments, and go-to-market efforts.
  • The platform’s rapid adoption is driving a sharp increase in new customers and revenue growth of more than 60% annually.
  • Since its inception in 1986, Edison has invested in more than 260 companies.

Traliant Appoints Cory Gendron as Chief Revenue Officer

Retrieved on: 
Friday, December 1, 2023

NEW YORK, Dec. 1, 2023 /PRNewswire-PRWeb/ -- Traliant, an innovator in‥online compliance training, today announced Cory Gendron has been appointed as the company's new Chief Revenue Officer. In this position, Cory will be responsible for building and leading the company's global revenue-generation strategy by optimizing sales support and collaboration and enhancing customer relationships.

Key Points: 
  • Traliant, an innovator in‥online compliance training, today announced Cory Gendron has been appointed as the company's new Chief Revenue Officer.
  • NEW YORK, Dec. 1, 2023 /PRNewswire-PRWeb/ -- Traliant, an innovator in‥ online compliance training , today announced Cory Gendron has been appointed as the company's new Chief Revenue Officer.
  • Cory Gendron, Chief Revenue Officer at Traliant
    Gendron is a proven sales leader with deep industry experience in safety, quality, and risk management solutions.
  • This year the company announced the appointment of Mike Dahir to Chief Executive Officer, Jason Wade to Chief Financial Officer and Michael Johnson to the newly created Chief Strategy Officer position.

Grove Collaborative Announces Leadership Updates

Retrieved on: 
Monday, August 14, 2023

Grove Collaborative Holdings, Inc. (NYSE: GROV) (“Grove” or “the Company”), a leading sustainable consumer products company and Certified B Corp, announced today leadership changes to align the Company more closely with future growth and market expansion initiatives.

Key Points: 
  • Grove Collaborative Holdings, Inc. (NYSE: GROV) (“Grove” or “the Company”), a leading sustainable consumer products company and Certified B Corp, announced today leadership changes to align the Company more closely with future growth and market expansion initiatives.
  • “When we started Grove Collaborative, our mission was to transform consumer products – creating a brand to reshape categories in all of our homes so they can be a force for human and environmental health,” said Mr. Landesberg.
  • I could not be more excited to welcome Jeff, an experienced, brilliant and customer-centric leader to Grove and as Grove’s next CEO.
  • “I want to thank the Board for their confidence in my leadership and Stu for his continued support, leadership and partnership,” said Mr. Yurcisin.

Recycle Track Systems acquires leading Canadian waste services provider RecycleSmart Solutions, Inc.

Retrieved on: 
Thursday, March 30, 2023

NEW YORK, March 30, 2023 /PRNewswire/ -- Recycle Track Systems, Inc. ("RTS"), a leader in traceability and sustainability solutions for the materials, waste, and recycling industry, has acquired RecycleSmart Solutions, Inc. ("RecycleSmart"), Canada's largest independent provider of smart waste diversion, organic capture, and recycling management technology now operating as Recycle Track Systems CA. Included in the acquisition is the Pello waste sensor technology, a cutting-edge Internet of Things (IoT) hardware and software platform developed by RecycleSmart.

Key Points: 
  • NEW YORK, March 30, 2023 /PRNewswire/ -- Recycle Track Systems, Inc. ("RTS"), a leader in traceability and sustainability solutions for the materials, waste, and recycling industry, has acquired RecycleSmart Solutions, Inc. ("RecycleSmart"), Canada's largest independent provider of smart waste diversion, organic capture, and recycling management technology now operating as Recycle Track Systems CA.
  • Included in the acquisition is the Pello waste sensor technology, a cutting-edge Internet of Things (IoT) hardware and software platform developed by RecycleSmart.
  • RTS's growing product portfolio consists of recurring waste, recycling, organics, and bulk removal services, waste diversion reporting and sustainability programs, data management, equipment rental and on-demand hauling, zero-waste consulting services, and innovative technology solutions.
  • This wave of tech-focused acquisitions provides RTS customers with expanded sustainability services, combined technology solutions, and better data to reduce waste and increase diversion.

Recycle Track Systems announces acquisition of Cycle Technology

Retrieved on: 
Monday, February 13, 2023

NEW YORK, Feb. 13, 2023 /PRNewswire/ -- Recycle Track Systems, Inc. (RTS), a leader in cutting edge traceability and sustainability solutions utilized in the materials, waste, and recycling industry, has acquired the assets of Cycle Technology, Inc. (Cycle), including its reverse vending machine (RVM) technology and recycling rewards platform, as part of ongoing commitment to increase innovation by expanding recycling through engagement programs, like gamification and rewards.

Key Points: 
  • Recycle Track Systems (RTS) announces acquisition of Cycle Technology, Inc.
  • Cycle powered by RTS partners with teams across the MLB, MLS, and NFL to increase recycling rates and reduce waste, and today is available in select stadiums.
  • This past weekend, RTS and Cycle brought RVM technology to the big game for the first-time with Anheuser-Busch.
  • Our acquisition of Cycle adds an interactive, real-time recycling experience our customers can leverage.

FILCO CARTING PROUDLY ANNOUNCES ADAM PASQUALE, CO-FOUNDER RECYCLE TRACK SYSTEMS (RTS), JOINS FILCO AS EXECUTIVE VICE PRESIDENT

Retrieved on: 
Monday, November 14, 2022

"Adam joining Filco at this time is significant because it is a pivotal and historic moment for New York City's waste industry -- as its new Commercial Waste Zone (CWZ) Program legislation begins its implementation in the coming year," said Domenic Monopoli. This program, which divides the five boroughs into zones, aims to enhance New York City's collection services to accomplish its zero-waste goals, greater safety, improve environmental health, overhaul pricing standards, and strengthen customer service standards. "We are confident that Adam joining the Filco team at this moment reinforcers our ability to exceed these new standards of the CWZ Program," Monopoli added. 

Key Points: 
  • NEW YORK, Nov. 14, 2022 /PRNewswire/ -- Filco Carting announced today that longtime waste management entrepreneur and founder of Recycle Track Systems (RTS), Adam Pasquale, will join Filco Carting as Executive Vice President, Strategy and Corporate Development, working directly with Filco's CEO, Domenic Monopoli.
  • "We are confident that Adam joining the Filco team at this moment reinforcers our ability to exceed these new standards of the CWZ Program," Monopoli added.
  • "We are fortunate to have the experience and knowledge that Adam brings to Filco, particularly his visionary approach to sustainability," said Monopoli.
  • "Having firsthand insight of Adam's trailblazing career, folding him to the Executive Filco team is a dream come true,"shares Filco CEO Domenic Monopoli.

RTS and Rethink Food Announce Partnership to Prevent Food Waste and Address Food Insecurity

Retrieved on: 
Tuesday, May 31, 2022

NEW YORK, May 31, 2022 /PRNewswire/ -- Rethink Food and Recycle Track Systems, Inc. (RTS) today announced a strategic and operational partnership to help divert viable excess food stock in New York City away from landfills and provide nutritious meals for the community.

Key Points: 
  • Greg Lettieri, Co-Founder and Chief Executive Officer of RTS, expressed his excitement about the partnership: "This partnership represents true collaboration between socially like-minded organizations.
  • "This is a clear demonstration of how innovation can ensure high-quality, nutritious food reaches those who need it without pumping more food into the food system," said Matt Jozwiak, Founder and ceo of Rethink Food.
  • Both RTS and Rethink Food plan to begin the partnership in New York City and aim to expand it to other common markets of operation.
  • Rethink Food also operates a commissary kitchen that prepares 8,500 meals a week using a mix of purchased, donated, and excess food.

ABM Launches Business Ventures Program

Retrieved on: 
Tuesday, May 31, 2022

NEW YORK, May 31, 2022 (GLOBE NEWSWIRE) -- Today, ABM (NYSE: ABM) announced the establishment of ABM Ventures, the Companys business venture program, and an important extension of its ELEVATE strategy to accelerate growth through investments in both client and team member experiences and industry leading use of technology and data.

Key Points: 
  • NEW YORK, May 31, 2022 (GLOBE NEWSWIRE) -- Today, ABM (NYSE: ABM) announced the establishment of ABM Ventures, the Companys business venture program, and an important extension of its ELEVATE strategy to accelerate growth through investments in both client and team member experiences and industry leading use of technology and data.
  • ABM Ventures directly aligns with our ELEVATE plan for growth and expansion a strategy devoted toward unlocking significant long-term value for all stakeholders and strengthening our industry leadership position.
  • The new ABM Ventures program is established as a new operating unit of the Companys Strategy, Technology and Transformation organization, led by Chief Strategy Officer Josh Feinberg.
  • ABM Ventures provides a new platform for us to curate and bring innovative solutions to scale and deliver directly to our clients.

Edison Partners Closes Fund X, Addressing Unmet Need in Growth Equity Market

Retrieved on: 
Monday, April 4, 2022

Edison Partners , a leading growth equity investing firm, today announced the closing of its 10th fund, Edison Partners X, oversubscribed at $450 million.

Key Points: 
  • Edison Partners , a leading growth equity investing firm, today announced the closing of its 10th fund, Edison Partners X, oversubscribed at $450 million.
  • Fund X is the firms third consecutive fund dedicated to growth equity since 2015 and the largest in the firms 36-year history.
  • Edison Partners Fund X addresses the gap in the $10 million to $30 million emerging growth equity investment market in geographies outside of Silicon Valley.
  • Edison Partners and its funds and portfolio companies have succeeded in all economic cycles and conditions throughout Edison Partners 36-year history.

Root welcomes new board member

Retrieved on: 
Monday, February 28, 2022

COLUMBUS, Ohio, Feb. 28, 2022 (GLOBE NEWSWIRE) -- Root, Inc. (NASDAQ: ROOT), a leading technology company powering insurance solutions and the parent company of Root Insurance, announced today the appointment of Beth Birnbaum, former chief operating officer at PlayFab, to Roots board of directors, effective March 1, 2022.

Key Points: 
  • COLUMBUS, Ohio, Feb. 28, 2022 (GLOBE NEWSWIRE) -- Root, Inc. (NASDAQ: ROOT), a leading technology company powering insurance solutions and the parent company of Root Insurance, announced today the appointment of Beth Birnbaum, former chief operating officer at PlayFab, to Roots board of directors, effective March 1, 2022.
  • We are thrilled to welcome Beth to our board of directors, said Root CEO Alex Timm.
  • She serves as board chair at Forterra, and as a member of the board of trustees for Partners in Health.
  • Im excited to join the Root board of directors and have the opportunity to contribute to Roots disruption of the insurance industry through such a customer-centric approach.