SYSTM

GroundForce Capital Completes Beverage Roll-Up Strategy with SYSTM Foods’ Acquisition of Humm Kombucha

Retrieved on: 
Thursday, January 11, 2024

GroundForce Capital selected SYSTM Foods, an established team new to the beverage sector but with extensive experience acquiring and managing multiple consumer brands.

Key Points: 
  • GroundForce Capital selected SYSTM Foods, an established team new to the beverage sector but with extensive experience acquiring and managing multiple consumer brands.
  • Backed by GroundForce Capital, SYSTM Foods first acquired the functional protein brand, REBBL®, and then Chameleon Organic Coffee® from Nestle.
  • The acquisition of Humm Kombucha completes the SYSTM Brands portfolio which is now focused on driving growth, synergies, and profitability across all three brands.
  • Co-Founder and Co-Managing Partner of GroundForce Capital, Dan Gluck, stated, "The roll-up strategy under SYSTM Foods is just part of the evolution of our strategy.

SYSTM Wealth Solutions Welcomes Danny Hamer as Director of Technical Product Management

Retrieved on: 
Wednesday, April 5, 2023

DENVER, April 5, 2023 /PRNewswire/ -- SYSTM Wealth Solutions ("SYSTM"), a comprehensive cloud-based wealth ecosystem built for the financial industry by the industry, today announced Danny Hamer as its Director of Technical Product Management.

Key Points: 
  • DENVER, April 5, 2023 /PRNewswire/ -- SYSTM Wealth Solutions ("SYSTM"), a comprehensive cloud-based wealth ecosystem built for the financial industry by the industry, today announced Danny Hamer as its Director of Technical Product Management.
  • In his new role, Hamer leads the product management team and is responsible for partnering with both internal and external partners to design, deploy and operate the required technology and capabilities to support SYSTM.
  • He is also overseeing the product side at SYSTM, ensuring a successful deployment of SYSTM Wealth as a technology platform to its client base.
  • "Danny is the perfect addition to lead SYSTM's product management team," said Brad Goodman, head of platform at SYSTM.

InvestCloud Launches White FMB+

Retrieved on: 
Thursday, March 2, 2023

InvestCloud, the global leader in digital transformation for the financial industry with over $6 trillion in assets, has today announced the release of the next evolution of InvestCloud White, called InvestCloud White FMB+.

Key Points: 
  • InvestCloud, the global leader in digital transformation for the financial industry with over $6 trillion in assets, has today announced the release of the next evolution of InvestCloud White, called InvestCloud White FMB+.
  • The new product offering includes integrated front, middle and back-office InvestCloud solutions, plus simple multi-channel wealth management services to provide comprehensive tools to advisors and other wealth managers.
  • The front-to-back InvestCloud solution marks InvestCloud’s continued investment to support greater operational efficiency and simplify the complexity of business as usual for wealth management clients.
  • Mark Trousdale, Chief Marketing Officer of InvestCloud, said of the new White FMB+ offering: “There is a massive opportunity to provide huge gains in efficiency to wealth management clients due to the failures of existing players in this market.

SYSTM Launches as a Comprehensive Wealth Ecosystem for Financial Advisors and Asset Managers

Retrieved on: 
Thursday, February 9, 2023

DENVER, Feb. 9, 2023 /PRNewswire/ -- SYSTM Wealth Solutions ("SYSTM"), a comprehensive cloud-based wealth ecosystem built for the financial industry by the industry, today announced its platform is live for financial advisors and asset managers. SYSTM is a William Blair venture that utilizes InvestCloud's technology in providing a full ecosystem platform. After identifying a gap in capabilities in wealth management to support top tier advisors, the proprietary technology suite was created to streamline day-to-day operations for advisors and enhance opportunities for growth.

Key Points: 
  • A collaboration between William Blair and InvestCloud, SYSTM draws on advisory expertise bringing its premier technology and service offering to the wealth management industry
    DENVER, Feb. 9, 2023 /PRNewswire/ -- SYSTM Wealth Solutions ("SYSTM"), a comprehensive cloud-based wealth ecosystem built for the financial industry by the industry, today announced its platform is live for financial advisors and asset managers.
  • This marketplace for financial products and strategies is a curated menu of investments, providing advisors access to a customizable library of financial products from premier asset managers across multiple strategies and sectors, as well as creating broad distribution opportunities for asset managers.
  • Likewise, for asset managers, SYSTM enhances the way they interact with advisors while making their products simple to search for and easier to access for clients.
  • Treated as value added partners on the platform, SYSTM interacts with asset managers in a collaborative way to assist advisors and their clients.

PowerPlant Partners and SYSTM Brands Announce Partnership in SYSTM Foods, an Impact-Focused Food & Beverage Brand Platform

Retrieved on: 
Wednesday, June 8, 2022

To execute such a strategy, PowerPlant partnered with SYSTM Brands, a strong group of operators with deep expertise in buyouts and operations.

Key Points: 
  • To execute such a strategy, PowerPlant partnered with SYSTM Brands, a strong group of operators with deep expertise in buyouts and operations.
  • "With this partnership, we will offer impact-driven brands operational excellence to help them grow profitably," said Julianne Hummelberg, Vice President, PowerPlant Partners.
  • "We know the SYSTM Brands team can help elevate these brands to the next level of sustainability while expanding distribution, revenue, and profits."
  • Comprised of multiple subsidiaries, including SYSTM Foods, SYSTM Brands has offices in Newport Beach and San Francisco, CA.

Wahoo Marks Its Leadership in the Connected Fitness Space for Endurance Athletes, with the Acquisition of RGT Cycling and Launch of Wahoo X Subscription Service

Retrieved on: 
Tuesday, April 26, 2022

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20220426005945/en/
    Wahoo Marks its Leadership in the Connected Fitness Space for Endurance Athletes, with the Acquisition of RGT Cycling and Launch of Wahoo X Subscription Service (Photo: Wahoo)
    Wahoo RGT represents the next generation of virtual cycling, allowing cyclists to ride, race and explore on highly-detailed virtual roads, either alone or with others.
  • Powered by an advanced physics engine, Wahoo RGT provides realistic drafting, cornering and braking, making it less like a video game and more like an immersive cycling simulator.
  • The acquisition of RGT Cycling and the launch of the new Wahoo X subscription service gives athletes more options, more convenience, and more control over how they train, said Mike Saturnia, CEO of Wahoo.
  • For additional information on the Wahoo X subscription service, Wahoo SYSTM, and Wahoo RGT, please visit www.wahoofitness.com/wahoo-x-subscription .

Wahoo Fitness Accelerates Innovation by Leveraging OpsHub Migration Manager for Multi-Jira Consolidation to the Cloud

Retrieved on: 
Tuesday, March 22, 2022

PALO ALTO, Calif. and ATLANTA, March 22, 2022 /PRNewswire-PRWeb/ -- OpsHub, Inc. enables Wahoo Fitness, the leading US-based fitness technology company, to accelerate innovation by consolidating multiple Jira instances using OpsHub Migration Manager (OMM).

Key Points: 
  • PALO ALTO, Calif. and ATLANTA, March 22, 2022 /PRNewswire-PRWeb/ -- OpsHub, Inc. enables Wahoo Fitness, the leading US-based fitness technology company, to accelerate innovation by consolidating multiple Jira instances using OpsHub Migration Manager (OMM).
  • Traditional approaches to consolidation often involve a big bang migration approach leading to loss of data fidelity and significant downtime.
  • Due to its disruptive impact, the Big-Bang approach was not an option for Wahoo Fitness.
  • OpsHub's agile migration approach enabled Wahoo Fitness to successfully overcome the communication and traceability challenges without compromising data fidelity or employee productivity.

Atlanta Track Club Partners With Wahoo Fitness

Retrieved on: 
Tuesday, October 19, 2021

Atlanta Track Club announced Wahoo Fitness as the official wearable partner of the Invesco QQQ Thanksgiving Day Half Marathon events and Publix Atlanta Marathon weekend.

Key Points: 
  • Atlanta Track Club announced Wahoo Fitness as the official wearable partner of the Invesco QQQ Thanksgiving Day Half Marathon events and Publix Atlanta Marathon weekend.
  • "Like Atlanta Track Club, Wahoo Fitness is proudly based right here in Running City USA," said Rich Kenah, Atlanta Track Club's Executive Director.
  • Founded in 2009 by Chip Hawkins, a member of Atlanta Track Club's Masters Team, Wahoo provides walkers, runners and cyclists with a better way to track, measure and share their training data.
  • Atlanta Track Club is a nonprofit committed to creating an active and healthy Atlanta.