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Maysteel Industries Acquires Star Precision Manufacturing, Inc.

Retrieved on: 
Thursday, January 18, 2024

ALLENTON, Wis., Jan. 18, 2024 /PRNewswire/ -- Maysteel Industries, LLC ("Maysteel"), a portfolio company of Littlejohn Capital, LLC, announced today the acquisition of Star Precision Manufacturing, Inc., a full service, sheet metal fabrication, precision machining and complete finishing services company.

Key Points: 
  • ALLENTON, Wis., Jan. 18, 2024 /PRNewswire/ -- Maysteel Industries, LLC ("Maysteel"), a portfolio company of Littlejohn Capital, LLC, announced today the acquisition of Star Precision Manufacturing, Inc., a full service, sheet metal fabrication, precision machining and complete finishing services company.
  • ft. state-of-the-art facility in Frederick, CO outside Denver and will continue to operate as Star Precision under the Maysteel family.
  • Kevin Matkin, Chief Executive Officer of Maysteel, said, "Maysteel participates in a diverse set of defined industries that require durable sheet metal solutions.
  • Star Precision is an essential piece to our future success and growth, and we are excited to have the company and its people as part of Maysteel."

ANGEL'S ENVY® UNVEILS CELLAR COLLECTION SERIES VOLUMES 1-3, MARKING THE FIRST TIME THREE WHISKEYS FROM ITS HIGHLY ACCLAIMED CELLAR COLLECTION ARE BEING RERELEASED AND SHOWCASED SIDE-BY-SIDE

Retrieved on: 
Thursday, January 18, 2024

HAMILTON, Bermuda, Jan. 18, 2024 /PRNewswire/ -- ANGEL'S ENVY®, the Louisville-based distiller that produces finished whiskeys, today announces Cellar Collection Series Volumes 1-3. This exclusive release showcases three 375ml bottles from the highly acclaimed Cellar Collection, each featuring ANGEL'S ENVY Kentucky Straight Bourbons finished in distinctive fortified wine casks. The Cellar Collection Series includes ANGEL'S ENVY Kentucky Straight Bourbon Whiskey Finished in Oloroso Sherry Casks, ANGEL'S ENVY Kentucky Straight Bourbon Whiskey Finished in Tawny Port Wine Barrels, and ANGEL'S ENVY Kentucky Straight Bourbon Whiskey Finished in Madeira Casks. It is the first time any whiskey from the Cellar Collection has been rereleased to the public.

Key Points: 
  • HAMILTON, Bermuda, Jan. 18, 2024 /PRNewswire/ -- ANGEL'S ENVY®, the Louisville-based distiller that produces finished whiskeys, today announces Cellar Collection Series Volumes 1-3.
  • This exclusive release showcases three 375ml bottles from the highly acclaimed Cellar Collection, each featuring ANGEL'S ENVY Kentucky Straight Bourbons finished in distinctive fortified wine casks.
  • It is the first time any whiskey from the Cellar Collection has been rereleased to the public.
  • The Cellar Collection Series is available at select retailers in the U.S., including the ANGEL'S ENVY distillery in downtown Louisville.

Lightbridge Academy Ranked Among The Top Franchises In Entrepreneur Magazine's Highly Competitive Franchise 500®

Retrieved on: 
Wednesday, January 17, 2024

ISELIN, N.J. , Jan. 17, 2024 /PRNewswire-PRWeb/ -- Lightbridge Academy, The Solution for Working Families® and one of the fastest-growing early childhood education franchises with over 150 centers either open or in development, is honored to be recognized once again as a top franchise in Entrepreneur's Franchise 500®, ranking in the top 15% of all brands submitted and marking Lightbridge Academy's seventh year being recognized. Lightbridge Academy's continued placement on the highly sought-after list is a testament to the brand's steadfast commitment to supporting its franchisees, centers and families, demonstrating how the franchise continues to be an enticing opportunity for investors and operators.

Key Points: 
  • "The Lightbridge Academy team is honored to be recognized, once again, as one of the leading franchises," said Gigi Schweikert.
  • As we build momentum in 2024, Lightbridge Academy and its growing community of franchisees look forward to welcoming new communities and families into our trusted Circle of Care."
  • Each franchise is then given a cumulative score based on an analysis of more than 150 data points, and the 500 franchises with the highest cumulative scores become the Franchise 500® in ranked order.
  • Lightbridge Academy plans to expand into additional regions this year and continue its mission to be the preferred franchise choice for business professionals interested in growing their portfolio with the brand.

Natural Grocers® Invites Gunnison, CO Community to Grand Opening Celebration on January 31, 2024

Retrieved on: 
Wednesday, January 17, 2024

LAKEWOOD, Colo., Jan. 17, 2024 /PRNewswire/ -- Natural Grocers®, the leading family-operated organic and natural grocery retailer in the U.S., is pleased to announce the upcoming opening of its new store in Gunnison, CO on Wednesday, January 31, 2024. Located at 1000 N. Main St., this will be Natural Grocers' 46th store within the state of Colorado. Community members are invited to celebrate the big day with a Grand Opening event including giveaways, spectacular savings, a prize wheel, samples and much more.

Key Points: 
  • Community members are invited to celebrate the big day with a Grand Opening event including giveaways, spectacular savings, a prize wheel, samples and much more.
  • Grand Opening festivities will start at 8:15 AM with a $2,500 donation presentation to the Gunnison Country Food Pantry.
  • Natural Grocers is thrilled to be opening a new location in Gunnison," said Raquel Isely, Vice President of Natural Grocers.
  • We welcome Natural Grocers as a new community partner and look forward to working together to further the Pantry's mission."

TZP Group Leads Majority Recapitalization of Head Rush Technologies

Retrieved on: 
Tuesday, January 16, 2024

NEW YORK, Jan. 16, 2024 /PRNewswire/ -- TZP Group ("TZP"), a multi-strategy private equity firm, announced today that it has led the majority recapitalization of Head Rush Technologies ("Head Rush," "HRT," or the "Company"), a global provider of adventure safety equipment and support services, in partnership with management and existing shareholders.

Key Points: 
  • NEW YORK, Jan. 16, 2024 /PRNewswire/ -- TZP Group ("TZP"), a multi-strategy private equity firm, announced today that it has led the majority recapitalization of Head Rush Technologies ("Head Rush," "HRT," or the "Company"), a global provider of adventure safety equipment and support services, in partnership with management and existing shareholders.
  • HRT products leverage a patented magnetic braking system which provides for increased safety, lower cost of ownership, and enhanced user experience compared to competing braking systems.
  • The Company sells devices in more than 70 countries and provides service support and replacement parts to ensure continuous, reliable operation of equipment.
  • "We are thrilled to partner with TZP for our next chapter of growth as TZP has significant experience across technical products and B2B services, and know our end markets well," said Head Rush CEO, Lea Ann Zuellig.

GoodBuy Gear’s 2024 Resale Report Reveals Rapid Acceleration in Baby & Kid Recommerce Among Consumers, Brands and Retailers

Retrieved on: 
Tuesday, January 16, 2024

Denver, CO, Jan. 16, 2024 (GLOBE NEWSWIRE) -- GoodBuy Gear the leading online marketplace for baby and kid gear today released its 2024 Resale and Sustainability Report .

Key Points: 
  • Denver, CO, Jan. 16, 2024 (GLOBE NEWSWIRE) -- GoodBuy Gear the leading online marketplace for baby and kid gear today released its 2024 Resale and Sustainability Report .
  • The brand’s second annual report reveals the baby and kid gear resale market is expected to grow 152% by 2031 due to generational shopping habits and ongoing economic stressors, encouraging 276% more brands and retailers to partner with GoodBuy Gear as their resale resource in 2023.
  • “The rapid acceleration in baby and kid recommerce is driven by three major factors,” said GoodBuy Gear Head of Marketing, Maddy McLean.
  • To encourage even more resale participation among consumers, brands and retailers, GoodBuy Gear’s 2024 resale report shares proprietary data from its internal database of over 40,000 items—more than any other baby and kid gear resale platform—and provides insights into the most valuable, trendy and sought-after baby and kid gear:

Toast Launches Premier Pre-Rolls in New York in Partnership with 200 Year-Old Hepworth Farms

Retrieved on: 
Tuesday, January 16, 2024

Hepworth Pura is the cannabis division of Hepworth Farms—a seventh-generation organic farm in Milton, New York renowned for its commitment to quality and sustainability.

Key Points: 
  • Hepworth Pura is the cannabis division of Hepworth Farms—a seventh-generation organic farm in Milton, New York renowned for its commitment to quality and sustainability.
  • “We couldn’t be more excited about launching in New York,” said Punit Seth, Toast Co-Founder and CEO.
  • “It brings us back to where it all started for Toast, and that wouldn’t have been possible without this partnership.
  • The New York launch has special significance for Toast, which was originally conceived in New York City in 2014 while the soon-to-be co-founders shared cocktails.

RyanshTech Awarded Prime Contract with the Transportation Security Administration (TSA) Operations Support (OS) Intelligence and Analysis (I&A) to Enhance Communications and Correspondence

Retrieved on: 
Tuesday, January 16, 2024

RyanshTech provides agency leadership with a comprehensive blueprint for formulating and implementing strategic communications, information change management, stakeholder assessments, and content creation for documents and websites.

Key Points: 
  • RyanshTech provides agency leadership with a comprehensive blueprint for formulating and implementing strategic communications, information change management, stakeholder assessments, and content creation for documents and websites.
  • We look forward to delivering outstanding support for strategic communications, critical employee engagement, and further elevating TSA I&A's operational excellence."
  • Since 2019, RyanshTech has established a notable presence in Security, Defense, and Intelligence.
  • This recognition serves to enhance RyanshTech's impact within the U.S Department of Homeland Security in Strategic Communications and Public Affairs.

Applied UV Inc. Announces Launch of Patented Fighter Flex LED Solution Opening Significant Revenue Opportunity

Retrieved on: 
Friday, January 12, 2024

The Fighter Flex LED technology was selected by the GSA and DOE for the GSA Green Proving Ground Program.

Key Points: 
  • The Fighter Flex LED technology was selected by the GSA and DOE for the GSA Green Proving Ground Program.
  • Max Munn, CEO of Applied UV, stated, 'We are delighted about the immense potential with this opportunity.”  Munn remarked, “Given the disruptive technology in our patented Fighter Flex LED products, we are confident in our ability to capture a significant share of this market.
  • Applied UV Inc.'s patented UVC LED fixtures offer a refined alternative to traditional mercury vapor UVC bulbs.
  • The Fighter Flex LED solution boasts durable, low-maintenance, and mercury-free emitters, marking a significant advancement in UVC LED technology.

Intrepid Enters into Third Amendment to Cooperative Development Agreement with XTO

Retrieved on: 
Tuesday, January 9, 2024

Denver, CO, Jan. 09, 2024 (GLOBE NEWSWIRE) -- As previously announced, on December 12, 2023, Intrepid Potash, Inc. ("Intrepid," the "Company," or "our") (NYSE:IPI) entered into a Third Amendment to the Cooperative Development Agreement (the “Amendment”) with XTO Holdings, LLC (“XTO Holdings”) and XTO Delaware Basin, LLC, as successors in interest to BOPCO, L.P. (“XTO Delaware Basin,” and together with XTO Holdings, “XTO”).

Key Points: 
  • Denver, CO, Jan. 09, 2024 (GLOBE NEWSWIRE) -- As previously announced, on December 12, 2023, Intrepid Potash, Inc. ("Intrepid," the "Company," or "our") (NYSE:IPI) entered into a Third Amendment to the Cooperative Development Agreement (the “Amendment”) with XTO Holdings, LLC (“XTO Holdings”) and XTO Delaware Basin, LLC, as successors in interest to BOPCO, L.P. (“XTO Delaware Basin,” and together with XTO Holdings, “XTO”).
  • As consideration under the Amendment, on January 2, 2024, Intrepid received a payment of $45 million from XTO, which was in addition to an initial payment of $5 million received from XTO on December 12, 2023.
  • XTO is also required to pay additional amounts to Intrepid as an “Access Realization Fee,” up to a maximum amount of $100 million, in the event of certain additional drilling activities by XTO.
  • Pursuant to the Amendment, among other things, Intrepid agrees to support and not oppose XTO’s development and operation of XTO’s oil and gas interests within the Designated Potash Area (“DPA”).