EY-Parthenon

EVgo Welcomes Scott Griffith to Board of Directors

Retrieved on: 
Thursday, April 4, 2024

EVgo Inc. (NASDAQ: EVGO) (“EVgo” or the “Company”), one of the nation’s largest public fast charging networks for electric vehicles (EVs), today announced Scott Griffith has joined the EVgo Board of Directors (the “Board”), serving on the Nominating and Governance Committee, as well as the Audit Committee and Compensation Committee.

Key Points: 
  • EVgo Inc. (NASDAQ: EVGO) (“EVgo” or the “Company”), one of the nation’s largest public fast charging networks for electric vehicles (EVs), today announced Scott Griffith has joined the EVgo Board of Directors (the “Board”), serving on the Nominating and Governance Committee, as well as the Audit Committee and Compensation Committee.
  • View the full release here: https://www.businesswire.com/news/home/20240403143172/en/
    Mr. Griffith joins EVgo’s Board with extensive experience in the mobility and automotive industry.
  • Mr. Griffith also has prior experience as an Executive in Residence at General Catalyst Partners, a venture and growth capital firm.
  • Mr. Griffith holds a BS in engineering from Carnegie Mellon University and an MBA from The University of Chicago Booth School of Business.

National Hardware Show Registration Now Open for the 79th Annual Show in March in Las Vegas

Retrieved on: 
Monday, January 15, 2024

LAS VEGAS, Jan. 15, 2024 /PRNewswire/ -- National Hardware Show (NHS), the premier event for the hardware and home improvement industry, is thrilled to announce that registration is NOW OPEN for its 79th annual trade show. Complete with new exhibitor categories, industry leading influencers to tell stories LIVE from the show floor, programs tailored to professional contractors and a myriad of immersive, educational and engaging experiences to help business thrive for all attendees. Get excited for the industry's premier gathering that blends top-notch brands, immersive experiences, riveting insights and unbeatable networking opportunities at the Las Vegas Convention Center West Hall March 26 to 28. Schedule of events HERE.

Key Points: 
  • LAS VEGAS, Jan. 15, 2024 /PRNewswire/ -- National Hardware Show (NHS) , the premier event for the hardware and home improvement industry, is thrilled to announce that registration is NOW OPEN for its 79th annual trade show.
  • Attendees can expect a diverse showcase of products and services shaping the future of the industry.
  • The NHS Backyard is the National Hardware Show's home for all things lawn, garden, farm, ranch, outdoor living, and grilling.
  • This collaboration taps into the vibrant and exciting offerings of Las Vegas, allowing attendees to experience the best the city has to offer.

BPD Finalizes Acquisition of Revive

Retrieved on: 
Monday, December 4, 2023

BOCA RATON, Fla. and NASHVILLE, Tenn., Dec. 4, 2023 /PRNewswire/ -- BPD, the premier data-driven health system marketing services company in the United States, has completed its acquisition of Revive, a leading healthcare agency, from Interpublic Group.

Key Points: 
  • Revive has been delivering proven marketing, branding and communications results for clients for many years, and brings their additional depth, capabilities and expertise in provider marketing and communications to BPD," said Jason Brown, CEO and Co-Founder of BPD.
  • "BPD + Revive will not only offer the most powerful integrated marketing solutions to the industry, but it will also continue to invest in data-driven, precision marketing approaches that yield transformational results," said Jessica Schmidt, President of BPD.
  • Chris Bevolo, Revive's CEO, will stay on as President of Revive, along with the entirety of the Revive leadership team.
  • EY-Parthenon and CPI served as integration advisors to BPD and Revive.

Impressive companies, remarkable individuals take centre stage at the 13th PropertyGuru Asia Property Awards (Singapore)

Retrieved on: 
Monday, October 30, 2023

UOL Group Limited, last year's Best Developer titleholder, was named Best Residential Developer, Best Sustainable Developer, and Best Hospitality Developer.

Key Points: 
  • UOL Group Limited, last year's Best Developer titleholder, was named Best Residential Developer, Best Sustainable Developer, and Best Hospitality Developer.
  • Jules Kay, GM of PropertyGuru Asia Property Awards and Events, said: "The style, sustainability, and smartness of Singapore's world-leading built spaces never fail to impress.
  • Main country winners of the PropertyGuru Asia Property Awards (Singapore) will be eligible to advance to the 18th PropertyGuru Asia Property Awards Grand Final on Friday, 8 December in Bangkok, Thailand.
  • Organised by PropertyGuru Group, the 13th PropertyGuru Asia Property Awards (Singapore) are supported by gold sponsor Mitsubishi Electric Asia Pte Ltd.; official portal partner PropertyGuru.com.sg; official magazine Property Report by PropertyGuru; media partners AspirantSG, d+a Magazine, SquareRooms, and Top 10 Singapore; supporting association Singapore Estate Agents Association; and official supervisor HLB.

Presto Announces FY2023 Financial Results, Increased Ownership Commitment from a Major Existing Shareholder, Extended Shareholder Lock-ups, and a new Interim CFO

Retrieved on: 
Tuesday, October 10, 2023

We are pleased that one of our major existing shareholders and existing lender have offered their continued support to us on this journey,” Mr. Casanova added.

Key Points: 
  • We are pleased that one of our major existing shareholders and existing lender have offered their continued support to us on this journey,” Mr. Casanova added.
  • Presto today announced the financial results for its Full Year ended June 30, 2023, which were in line with guidance, and financial results for its Fiscal Fourth Quarter 2023.
  • The financing for its increased ownership is expected to close on or around October 16, 2023, subject to customary closing conditions.
  • After leading the Company as interim Chief Financial Officer, Stanley Mbugua will return to his role as Chief Accounting Officer.

CedarCreek Systems Files Lawsuit Against BirchStreet Systems Over Reseller Agreement

Retrieved on: 
Friday, September 29, 2023

CedarCreek Systems , a reseller specializing in Procure-to-Pay (P2P) solutions for the club and resort industry, has taken legal action against BirchStreet Systems in Orange County Superior Court.

Key Points: 
  • CedarCreek Systems , a reseller specializing in Procure-to-Pay (P2P) solutions for the club and resort industry, has taken legal action against BirchStreet Systems in Orange County Superior Court.
  • The lawsuit centers on a breach of their reseller agreement by BirchStreet Systems, the market leader in P2P software for the hospitality industry.
  • The lawsuit was filed today by famed attorney Robert Shapiro, who will represent CedarCreek Systems in the case.
  • CedarCreek Systems aims to uphold the integrity of their agreement with BirchStreet and ensure that adequate support is provided to sustain their role in the P2P solutions market.

HUB.ID Summit returns, recalibrating Indonesia's Tech Investment

Retrieved on: 
Friday, September 22, 2023

More than 500 people attended the HUB.ID Summit 2023 event, which consisted of panel discussions, 1-on-1 business matchmaking, and a Networking Gala Dinner.

Key Points: 
  • More than 500 people attended the HUB.ID Summit 2023 event, which consisted of panel discussions, 1-on-1 business matchmaking, and a Networking Gala Dinner.
  • Over 1.500 business meetings were scheduled during the 2-day event, demonstrating a positive trend in investment potential for digital startups in Indonesia.
  • This year, HUB.ID Summit collaborated with the Nexticorn Foundation to facilitate more business meetings between startups and venture capital firms.
  • The ministry continues to support startups to grow and access funding, including through events like HUB.ID Summit."

Modern States Education Alliance Names New Executive Director

Retrieved on: 
Monday, July 24, 2023

NEW YORK, July 24, 2023 (GLOBE NEWSWIRE) -- Modern States Education Alliance (“Modern States”), the nation’s leading philanthropy dedicated to making a college degree more affordable and accessible for everyone, today announced the appointment of Dr. Jefferson Pestronk as executive director.

Key Points: 
  • NEW YORK, July 24, 2023 (GLOBE NEWSWIRE) -- Modern States Education Alliance (“Modern States”), the nation’s leading philanthropy dedicated to making a college degree more affordable and accessible for everyone, today announced the appointment of Dr. Jefferson Pestronk as executive director.
  • He will work alongside Modern States’ CEO and founder, Steve Klinsky, and succeeds David Vise, who continues on as senior advisor.
  • “A nationwide search led us to Jefferson and I look forward to working with him to enable Modern States to continue to grow and flourish,” said Klinsky.
  • For more information about Modern States and its courses, please visit https://modernstates.org/ .

Golden Gate Capital to Acquire DMC Power from Bridgepoint

Retrieved on: 
Friday, June 30, 2023

Golden Gate Capital, a leading private equity investment firm, today announced that it has entered into a definitive agreement to acquire a majority equity stake in DMC Power (“DMC” or the “Company”), a leading designer and manufacturer of proprietary connector technology systems for high voltage power infrastructure.

Key Points: 
  • Golden Gate Capital, a leading private equity investment firm, today announced that it has entered into a definitive agreement to acquire a majority equity stake in DMC Power (“DMC” or the “Company”), a leading designer and manufacturer of proprietary connector technology systems for high voltage power infrastructure.
  • As part of the transaction, Bridgepoint, a global private equity firm, will exit its investment through the sale of its stake to Golden Gate Capital.
  • We are confident Golden Gate Capital is the ideal partner for the next leg of our journey, as their deep industrial expertise and additional development resources will fuel our continued market expansion and ability to serve new and existing customers.”
    Javier Puig, Managing Director at Golden Gate Capital, said: “DMC Power is a true pioneer of next-generation power connectors.
  • We congratulate the Bridgepoint team on this successful partnership, which we plan to continue in DMC Power’s next chapter.”
    Michael Davy, Partner of Bridgepoint and Chairman of DMC Power, said: “DMC Power has had a remarkable growth journey – and has increased its annual profits 20-fold during our ownership period.

Aptia, U.S. Employee Benefits and U.K. Pension Administration Business, Launches with Backing from Bain Capital Insurance

Retrieved on: 
Wednesday, June 28, 2023

Aptia (or the “Company”), a newly-formed company created by the purchase of the U.S. health and benefits administration and U.K. pension administration businesses of Mercer, a business of Marsh McLennan (NYSE: MMC), today launched with support from Bain Capital Insurance , the dedicated insurance investing unit of Bain Capital.

Key Points: 
  • Aptia (or the “Company”), a newly-formed company created by the purchase of the U.S. health and benefits administration and U.K. pension administration businesses of Mercer, a business of Marsh McLennan (NYSE: MMC), today launched with support from Bain Capital Insurance , the dedicated insurance investing unit of Bain Capital.
  • Aptia will manage a U.S. employee benefits administration platform serving employees and retirees, and one of the largest defined benefit pension administration platforms in the U.K.
  • Previously, he was the CEO of JLT’s global Employee Benefits business where he successfully reoriented the business to achieve significant organic growth.
  • "Aptia will focus exclusively on employee benefits administration and specialist pension administration delivered by experts and enabled by technology.