Summa

Adams Street Partners Raises $1 Billion for First Middle Market CLO

Retrieved on: 
Tuesday, April 9, 2024
Finance, Banking, Professional Services, Asset Management, Insurance, CLO, AEL, Private credit, Partnership, Knowledge, Equity, ASP, AUM, Partner, Summa, Security (finance)

The Private Credit team of Adams Street Partners , LLC (“Adams Street”), a private markets investment firm with more than $58 billion in assets under management, today announced the final closing of a $1 billion middle market collateralized loan obligation (“CLO”), ASP Summa.

Key Points: 
  • The Private Credit team of Adams Street Partners , LLC (“Adams Street”), a private markets investment firm with more than $58 billion in assets under management, today announced the final closing of a $1 billion middle market collateralized loan obligation (“CLO”), ASP Summa.
  • The CLO is a first for Adams Street and was structured in partnership with American Equity Investment Life Insurance Company (“American Equity Life”) (NYSE: AEL), a leading issuer of fixed index annuities.
  • “Adams Street’s first CLO represents a significant milestone for our private credit business,” said Bill Sacher , Partner & Head of Private Credit at Adams Street.
  • Adams Street and American Equity Life entered into a $2 billion joint venture partnership in 2021 to co-develop insurer capital-efficient products in middle market credit.

Velsera Announces Appointment of Jamie Littlejohns as New Chief Executive Officer

Retrieved on: 
Tuesday, March 5, 2024
Health, Technology, Other Technology, Health Technology, Pharmaceutical, Biotechnology, Therapy, Multimedia, Summa, Drug discovery, Partner, Computational biology, Medicine, McKinsey & Company

Velsera, a pioneering entity in the field of computational biology with a focus on advancing precision medicine, is delighted to formally announce the appointment of Jamie Littlejohns as its Chief Executive Officer, with his tenure commencing on the 1st of March, 2024.

Key Points: 
  • Velsera, a pioneering entity in the field of computational biology with a focus on advancing precision medicine, is delighted to formally announce the appointment of Jamie Littlejohns as its Chief Executive Officer, with his tenure commencing on the 1st of March, 2024.
  • Jamie is set to succeed Hans Cobben, who has served as the interim CEO and will revert to his position as Chairman of the Board at Velsera.
  • In his own words, Jamie says, "I am thrilled to be joining the wonderful team at Velsera.
  • Furthermore, his prior experience with both Summa and Velsera enables him to hit the ground running, providing continuity whilst injecting his unique energy into Velsera.

Aligos Therapeutics Strengthens Finance Leadership Team with Two New Appointments

Retrieved on: 
Tuesday, February 13, 2024
Therapy, Liver, CPA, Certified Public Accountant, Corporate communication, DePaul University, ZS, Strategic planning, Growth, Holding, Commerce, Jordyn, Institute of Chartered Accountants, MASH, Associate, Patient, Summa, Management

“We are delighted to welcome Jordyn and Nikhil to the team,” said Lesley Ann Calhoun, Executive Vice President, Chief Financial Officer at Aligos.

Key Points: 
  • “We are delighted to welcome Jordyn and Nikhil to the team,” said Lesley Ann Calhoun, Executive Vice President, Chief Financial Officer at Aligos.
  • “I am thrilled to join the exceptional Aligos Team,” stated Jordyn Tarazi, VP, Investor Relations and Corporate Communications at Aligos.
  • “I am excited to join Aligos at this important time in the company’s evolution,” stated Nikhil Aneja, VP, Finance at Aligos.
  • “I look forward to being part of the team as we work to deliver meaningful therapeutics to patients with liver and viral diseases.”

STRATA Skin Science Announces Leadership Change

Retrieved on: 
Monday, October 30, 2023
Psoriasis, Vitiligo, STRATA, Technion – Israel Institute of Technology, Bachelor of Science, Intellectual property, Doctor of Philosophy, MBA, Growth, Acne, Marketing, Summa, Cornell University, SSKN, Master of Science, Patient, Management

HORSHAM, Pa., Oct. 30, 2023 (GLOBE NEWSWIRE) -- STRATA Skin Sciences, Inc. (NASDAQ: SSKN), a medical technology company dedicated to developing, commercializing and marketing innovative products for the treatment of dermatologic conditions, today announced that the Board of Directors and Bob Moccia have mutually agreed that Mr. Moccia will step down as the Company’s Chief Executive Officer (CEO) and member of the Board, as of October 30, 2023. Dr. Dolev Rafaeli has been named the new Vice-Chairman, President and Chief Executive Officer.

Key Points: 
  • Dr. Dolev Rafaeli has been named the new Vice-Chairman, President and Chief Executive Officer.
  • Additionally, from 2006 to 2017, he served as the President and CEO of Radiancy Inc., a subsidiary of PhotoMedex.
  • “On behalf of the Board, I would like to thank Bob Moccia for his dedicated leadership and invaluable contributions during his time at the helm of STRATA,” stated Dr. Uri Geiger, Chairman of the Board.
  • I take great pride in contributing to this outstanding team and look forward to STRATA’s future successes.”

Summa Equity invests in Logpoint to create European cybersecurity powerhouse

Retrieved on: 
Thursday, March 2, 2023
Software as a service, COVID-19, EUR, GDPR, SAP, Summa, SOAR, UN, SIEM, Acquisition, Partnership, SDG, Medical device, Arms industry, Yttrium

By investing in Logpoint, Summa will address a major global challenge as cybersecurity incidents are estimated to cost the global economy EUR 7.6tn annually in 2023, per Cybersecurity Ventures .

Key Points: 
  • By investing in Logpoint, Summa will address a major global challenge as cybersecurity incidents are estimated to cost the global economy EUR 7.6tn annually in 2023, per Cybersecurity Ventures .
  • The EUR 2.3bn Summa Equity Fund III focuses on thematic investments in Resource Efficiency, Changing Demographics, and Tech-Enabled Transformation.
  • Logpoint will serve as the platform for building a European cybersecurity powerhouse, as an alternative to the dominating US vendors.”
    Logpoint collects security information from the entire digital infrastructure.
  • In partnership with Summa, we will create the strongest European cybersecurity company with global reach, making this technology available to organisations of all sizes.”
    Following the Summa investment, Yttrium (formerly Digital+ Partners) will remain a significant minority shareholder in Logpoint.

New Company, Velsera, Represents Summa Equity's Vision to Improve Global Health Outcomes

Retrieved on: 
Thursday, January 12, 2023
Environment, Pharmaceutical, Research, Oncology, Sustainability, Software, Finance, Medical Devices, Environmental, Social and Governance (ESG), Genetics, Professional Services, Science, Technology, Clinical Trials, Data Analytics, Biotechnology, Health, Health Technology, Unisys, Ecosystem, Algorithm, UN, Calyx, IQVIA, Laboratory, Medical imaging, Precision medicine, Machine learning, Knowledge, Health, AI, Conference, Informatics, Seven Bridges, PCR, Patient, Research, Data analysis, Innovation, Acquisition, Summa, Pharmaceutical industry, Capgemini, Pierian Spring, Parexel

The vision for Velsera is supported by thematic-focused impact fund Summa Equity (“Summa”).

Key Points: 
  • The vision for Velsera is supported by thematic-focused impact fund Summa Equity (“Summa”).
  • The promise of precision medicine is held back by barriers across routine health practice and discovery.
  • Velsera sets out to amplify the impact of clinicians, researchers and scientists for the benefit of patients around the world.
  • Velsera unites these companies to advance and bring together their missions which are centered around improving health globally through multi-omics and insights.

Quest Diagnostics to Acquire Outreach Lab Services Business of Summa Health

Retrieved on: 
Wednesday, October 5, 2022
Magnet, Physician, LinkedIn, Quest Diagnostics, Patient safety organization, Pinterest, DGX, Ambulatory care, U.S. News & World Report, Summa, NYSE, Patient, Hospital, Thomson Reuters, Research, Twitter, Multimedia, American Nurses Credentialing Center, Diagnosis, Health, Summa Health, CEO, Adult, News, Database, Medicine, Quest, Facebook

SECAUCUS, N.J., and AKRON, Ohio, Oct. 5, 2022 /PRNewswire/ -- Quest Diagnostics (NYSE: DGX), the world's leading provider of diagnostic information services, and Summa Health, a large integrated healthcare delivery system in Ohio, today announced a definitive agreement for Quest to acquire select assets of Summa Health's outreach laboratory services business, referred to as LabCare Plus, in an all-cash transaction.

Key Points: 
  • Transaction to broaden access to innovative, quality diagnosticinformation services powering affordable care in Ohio
    SECAUCUS, N.J., and AKRON, Ohio, Oct. 5, 2022 /PRNewswire/ -- Quest Diagnostics (NYSE: DGX), the world's leading provider of diagnostic information services, and Summa Health, a large integrated healthcare delivery system in Ohio, today announced a definitive agreement for Quest to acquire select assets of Summa Health's outreach laboratory services business, referred to as LabCare Plus, in an all-cash transaction.
  • Summa Health will continue to wholly own and operate its hospital labs providing laboratory services for inpatient and hospital-based outpatient care, along with its anatomic pathology services.
  • By helping top health systems like Summa Health optimize their lab strategies, Quest empowers better health and affordable care for more patients," said Steve Rusckowski, Quest Diagnostics Chairman, CEO and President.
  • Summa Health selected Quest Diagnostics following a competitive bid.

Workplace Leader Humanscale To Open Immersive Pop-Up in Chicago’s Fulton Market Starting June 13th

Retrieved on: 
Tuesday, June 7, 2022
Conference, Leveraged Freedom Chair, Climate, Technology, Red, Freedom, Liberty, Red Dot, Eve Stewart, Solution, Museum, Longevity, Health, AM, Industry, Collection, LED, Light, LPC, Mark (given name), PVC, Summa, Movement, Alta, M10, Leadership, Posture, GLOBE, Horizon, Energy, Water, Museum of Modern Art, Path, Interior design, Television, Furniture, Telescopic sight, Fulton Fish Market, Float, Niels Diffrient, Niels Diffrient

Chicago, IL, June 07, 2022 (GLOBE NEWSWIRE) -- Humanscale, a global leader in the design of workplace furniture, is thrilled to announce its experiential pop-up showroom in Fulton Market.

Key Points: 
  • Chicago, IL, June 07, 2022 (GLOBE NEWSWIRE) -- Humanscale, a global leader in the design of workplace furniture, is thrilled to announce its experiential pop-up showroom in Fulton Market.
  • Serving as the preview for Humanscales new permanent purpose-built Chicago showroom (coming in 2023), this temporary exhibit will be open on June 13 and will stay open throughout June.
  • The space is located in the heart of Fulton Market, one of Chicagos flourishing design communities, at 1101 W Fulton Market, Chicago, IL 60607 , adjacent to the Emily Hotel.
  • Humanscale is the leading designer and manufacturer of high-performance ergonomic products that improve the health and comfort of work life.

Executive Decisions Group Inc. Acquires Popular Family Restaurant Franchise The Lost Cajun

Retrieved on: 
Friday, May 13, 2022
Consulting, Retail, Restaurant, Bar, Professional Services, Company, Consultant, International, Summa, Multimedia, Season, Global, Global Franchise Group, Acquisition, LLC, CEO, Spice

Executive Decisions Group Inc. (EDGI) today announced the Company has acquired The Lost Cajun, a popular family-friendly restaurant franchise concept with a focus on authentic Cajun food served with traditional Southern hospitality.

Key Points: 
  • Executive Decisions Group Inc. (EDGI) today announced the Company has acquired The Lost Cajun, a popular family-friendly restaurant franchise concept with a focus on authentic Cajun food served with traditional Southern hospitality.
  • View the full release here: https://www.businesswire.com/news/home/20220513005419/en/
    The Lost Cajun Enterprises acquisition, which closed on April 15, 2022, includes The Lost Cajun Enterprises franchise system, The Lost Cajun location in Slidell, LA (which will continue to be corporate owned), and The Lost Cajun Spice Company, through EDGIs new Happy Cajun Hospitality, LLC subsidiary.
  • EDGI and its relationship to Summa offered us a fantastic opportunity to expand the business, while preserving what makes The Lost Cajun so authentic, Raymond Griffin, founder of The Lost Cajun.
  • Founded in 2010 and franchising since 2015, The Lost Cajun is a family-friendly restaurant concept with a focus on authentic Cajun food served with traditional Southern hospitality.

Silver Demand to Surpass 1 Billion in 2021, Reaching 6-Year High

Retrieved on: 
Tuesday, December 14, 2021
Summa, Last Chance Mining Museum, Securities Act of 1933, Review, Form 10-K, Gold, Forward-looking statement, Solution, IRR, Consolidated Mine, Growth, First Majestic Silver, U.S. Securities and Exchange Commission, FNM, Securities Exchange Act of 1934, Security (finance), Article, Program, News, Mogollon, World War II, MSC, NOT, Vein, Technical report, Consolidated, Electronics, NYSE, Hughes, AG, SILV, Mining, TSX, Alvis Silver Crest, MAG, Private Securities Litigation Reform Act, Industry, ANY, Annual report, Silver, Flame, Deer Trail, Colorado, Uranium, Financial adviser, Author

NEW YORK, Dec. 14, 2021 /PRNewswire/ -- The demand for silver is projected to exceed one billion for the first time in six years, with global silver demand reaching 1.29 billion ounces in 2021.

Key Points: 
  • NEW YORK, Dec. 14, 2021 /PRNewswire/ -- The demand for silver is projected to exceed one billion for the first time in six years, with global silver demand reaching 1.29 billion ounces in 2021.
  • Summa Silver (TSXV:SSVR) (OTCQB:SSVRF), SilverCrest Metals Inc. (NYSE:SILV) (TSX:SIL), First Majestic Silver (NYSE:AG) (TSX:FR), Alexco Resources (NYSE:AXU) (TSX:AXU),and Mag Silver Corp (NYSE:MAG) (TSX:MAG) stand to benefit from the growing demand for silver.
  • The mine is located in a historically prolific mining region, about 120 km north of Silver City.
  • This growth in demand creates increasing value for companies like Summa Silver, which is involved in silver mining.