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Ventiv Technology Appoints Steven Woods as New VP of Solutions

Retrieved on: 
Wednesday, October 19, 2022

Ventiv Technology, the leading provider of advanced analytics for risk, claims and underwriting solutions, today announced the appointment of Steven Woods as Vice President responsible for Ventivs customer solutions.

Key Points: 
  • Ventiv Technology, the leading provider of advanced analytics for risk, claims and underwriting solutions, today announced the appointment of Steven Woods as Vice President responsible for Ventivs customer solutions.
  • Today, Ventivs suite of claims administration and risk management solutions includes: Ventiv IRM, Ventiv Claims, Ventiv Policy, Ventiv Billing, Ventiv Digital and Ventiv Analytics, including Ventiv Predict.
  • Ventiv has a rich history within the insurance industry as a trusted and dedicated partner to their clients, says Woods.
  • Woods leadership and personal insights will allow Ventiv to match our highly- configurable software to our clients needs.

Brightwood Capital Advisors and PhenixFIN Lead Financing to Support CCP Capital Strategies’ Acquisition of Wireless Maritime Services

Retrieved on: 
Tuesday, October 18, 2022

Brightwood Capital Advisors (Brightwood), a leading private credit firm, and PhenixFIN Corporation (PhenixFIN), a publicly traded business development company, announced today that they have provided debt and equity financing to support CCP Capital Strategies (CCP) acquisition of 100 percent of Wireless Maritime Services, LLC (WMS) stock from AT&T and Anuvu.

Key Points: 
  • Brightwood Capital Advisors (Brightwood), a leading private credit firm, and PhenixFIN Corporation (PhenixFIN), a publicly traded business development company, announced today that they have provided debt and equity financing to support CCP Capital Strategies (CCP) acquisition of 100 percent of Wireless Maritime Services, LLC (WMS) stock from AT&T and Anuvu.
  • Wireless Maritime Services has been an industry leader for over 15 years, and we look forward to their continued success, further bolstered by growth in consumer data consumption.
  • Brightwood and PhenixFIN were great partners, demonstrating tremendous flexibility throughout all phases of the acquisition, said David Collier, Managing Partner at CCP.
  • CCP Capital is a private equity investment firm focused on companies operating in specialty communications, aerospace and government services.

Berner Foods Selects Evotix to Digitize and Streamline EHS Management

Retrieved on: 
Tuesday, October 18, 2022

CHICAGO, Oct. 18, 2022 /PRNewswire/ -- Berner Foods, a leading supplier of shelf-stable, dairy-based food and beverage products, has selected Evotix, a world leader in environment, health, safety (EHS) and well-being software, to help digitize and streamline their EHS management.

Key Points: 
  • CHICAGO, Oct. 18, 2022 /PRNewswire/ -- Berner Foods, a leading supplier of shelf-stable, dairy-based food and beverage products, has selected Evotix , a world leader in environment, health, safety (EHS) and well-being software, to help digitize and streamline their EHS management.
  • In particular, they required a solution for incident management, behavior management, audit and contractor management.
  • After a lengthy vetting process, looking at four suppliers in the EHS software space, Berner Foods selected Evotix Assure due to its flexibility, intuitive UI, ease of use and reporting capabilities.
  • "Evotix didn't try to fit Berner Foods into one thing, but tailored their system to our needs," said Rick J. Tourtillott, EHS manager at Berner Foods.

Berner Foods Selects Evotix to Digitize and Streamline EHS Management

Retrieved on: 
Tuesday, October 18, 2022

CHICAGO, Oct. 18, 2022 /PRNewswire/ -- Berner Foods, a leading supplier of shelf-stable, dairy-based food and beverage products, has selected Evotix, a world leader in environment, health, safety (EHS) and well-being software, to help digitize and streamline their EHS management.

Key Points: 
  • CHICAGO, Oct. 18, 2022 /PRNewswire/ -- Berner Foods, a leading supplier of shelf-stable, dairy-based food and beverage products, has selected Evotix , a world leader in environment, health, safety (EHS) and well-being software, to help digitize and streamline their EHS management.
  • In particular, they required a solution for incident management, behavior management, audit and contractor management.
  • After a lengthy vetting process, looking at four suppliers in the EHS software space, Berner Foods selected Evotix Assure due to its flexibility, intuitive UI, ease of use and reporting capabilities.
  • "Evotix didn't try to fit Berner Foods into one thing, but tailored their system to our needs," said Rick J. Tourtillott, EHS manager at Berner Foods.

MemComputing Awarded Advanced Battle Management Systems ID/IQ Contracts

Retrieved on: 
Tuesday, October 11, 2022

SAN DIEGO, Oct. 11, 2022 /PRNewswire/ -- MemComputing, Inc., developer of disruptive high-performance computing technology, has been awarded a $950,000,000 ceiling indefinite-delivery/indefinite quantity contract for the maturation, demonstration, and proliferation of capability across platforms and domains, leveraging open systems design, modern software, and algorithm development in order to enable Joint All Domain Command and Control (JADC2). This multiple award contract provides awardees the opportunity to compete for efforts within seven different competitive pools that support the development and operation of systems as a unified force across all domains (air, land, sea, space, cyber, and electromagnetic spectrum) in an open architecture family of systems that enables capabilities via multiple integrated platforms. Future work under this multiple-award Indefinite Delivery/Indefinite Quantity contract will be competed via the Fair Opportunity process.

Key Points: 
  • Future work under this multiple-award Indefinite Delivery/Indefinite Quantity contract will be competed via the Fair Opportunity process.
  • John Beane, CEO of MemComputing is effusive about MemComputing's work with the DoD.
  • Along with this ABMS contract serving the Joint All Domain Command and Control (JADC2), MemComputing has been awarded a total of 7 SBIRs since 2020.
  • Our technology is available today through our cloud-based Virtual MemComputing Machine (VMM), and will soon be rolling out hardware solutions.

Brightwood Capital Advisors Leads Senior Secured Credit Facility to Support Orangewood Partners’ Acquisition of Barrington James

Retrieved on: 
Thursday, October 6, 2022

Brightwood Capital Advisors (Brightwood), a leading private credit firm, announced that it acted as sole lead arranger and administrative agent to provide a senior secured credit facility in support of Orangewood Partners acquisition of Barrington James (the Company).

Key Points: 
  • Brightwood Capital Advisors (Brightwood), a leading private credit firm, announced that it acted as sole lead arranger and administrative agent to provide a senior secured credit facility in support of Orangewood Partners acquisition of Barrington James (the Company).
  • The company also identifies placement opportunities ranging from contract and interim positions through to board and C-suite-level roles.
  • We are pleased to support Barrington James as it continues to experience robust growth amidst a challenging macro environment, said Sengal Selassie, Chief Executive Officer and Managing Partner at Brightwood.
  • Brightwood Capital Advisors, LLC is a leading private credit firm with a long-standing track record of investing in middle market businesses.

The Worldwide Network as a Service Industry is Anticipated to Reach $81.8 Billion by 2030 - ResearchAndMarkets.com

Retrieved on: 
Monday, October 3, 2022

Networking services are offered by network service providers and cloud providers for networking and network security resources such as VPN, WAN, and firewall.

Key Points: 
  • Networking services are offered by network service providers and cloud providers for networking and network security resources such as VPN, WAN, and firewall.
  • It enables customers to manage and operate on their network without the need to maintain network infrastructure and optimize resource allocations and computing resources as a single unified module.
  • It delivers network services in a subscription-based business model to deliver enterprise-wide area network (WAN) services.
  • NaaS is a framework that leverages open application programming interface (APIs), network transformation, service lifecycle automation, and model-driven abstraction.

Rosewood Private Investments Announces Add-On Acquisition of The Southern Co., Inc.

Retrieved on: 
Friday, September 30, 2022

Rosewood Private Investments (RPI or Rosewood) is pleased to announce the acquisition of The Southern Co., Inc. (SoCo), which will operate as a subsidiary of existing holding company, StationServ Holdings, LLC (StationServ).

Key Points: 
  • Rosewood Private Investments (RPI or Rosewood) is pleased to announce the acquisition of The Southern Co., Inc. (SoCo), which will operate as a subsidiary of existing holding company, StationServ Holdings, LLC (StationServ).
  • This is the second acquisition for the StationServ family of companies since RPI formed the entity in December 2021.
  • AMPET, PECO and DTS have served as a strong foundation which will be further fortified with the addition of SoCo.
  • Eric Scott, principal of SoCo commented, SoCo is excited to join the StationServ family of companies under the direction of Rosewood Private Investments.

Brightwood Announces Appointment of Kristan O’Connor as Managing Director

Retrieved on: 
Thursday, September 29, 2022

Brightwood Capital Advisors ("Brightwood"), a leading private credit and impact firm, announced the appointment of Kristan OConnor as Managing Director in the firms Portfolio Management & Risk group.

Key Points: 
  • Brightwood Capital Advisors ("Brightwood"), a leading private credit and impact firm, announced the appointment of Kristan OConnor as Managing Director in the firms Portfolio Management & Risk group.
  • Ms. OConnor brings over 30 years of experience across credit administration, portfolio management, underwriting, and loan workouts to the team.
  • Prior to joining Brightwood, she served as Senior Vice President and Credit Risk Executive of Special Assets and Venture Lending at Bank Leumi.
  • "We are thrilled to welcome Kristan to the team," said Sengal Selassie, Managing Partner and Chief Executive Officer of Brightwood.

Scalefusion Introduces Co-Management & Kiosk Software for Windows PCs

Retrieved on: 
Wednesday, September 28, 2022

PUNE, India, Sept. 28, 2022 /PRNewswire/ --ProMobi Technologies announced today that Scalefusion - its mobile device management solution has now launched Co-Management & Kiosk Software for Windows PCs.

Key Points: 
  • PUNE, India, Sept. 28, 2022 /PRNewswire/ --ProMobi Technologies announced today that Scalefusion - its mobile device management solution has now launched Co-Management & Kiosk Software for Windows PCs.
  • For Windows 10 devices that need to be configured in a Win32 single app mode, Scalefusion Windows MDM agent-based enrollment can help.
  • "We want to ensure that Scalefusion is as holistic MDM solution as possible, which is why extending management capabilities of the Scalefusion Windows MDM agent to legacy Windows OS Windows 7 and Windows 8.1 was critical for us.
  • Request a free evaluation of this feature by setting up a free demo of Scalefusion MDM along with the Scalefusion Windows MDM agent here .