TICC

RMA Appoints Luis Damasceno as Chief Financial Officer

Retrieved on: 
Wednesday, January 31, 2024

RMA Companies (“RMA”), a leading provider of testing, inspection, and quality management services for critical infrastructure end-markets, has appointed Luis Damasceno as Chief Financial Officer, effective immediately.

Key Points: 
  • RMA Companies (“RMA”), a leading provider of testing, inspection, and quality management services for critical infrastructure end-markets, has appointed Luis Damasceno as Chief Financial Officer, effective immediately.
  • He will lead all aspects of RMA’s financial operations and play a key role in the integration of acquired businesses.
  • Damasceno is an accomplished finance leader with over 25 years of experience in the testing, inspection, certification, and compliance services sector.
  • “RMA is at the forefront of innovative testing and inspection services that support the sustainable development of critical infrastructure.

AM Best Affirms Credit Ratings of The Travelers Companies, Inc. and Most Subsidiaries

Retrieved on: 
Thursday, July 20, 2023

At the same time, AM Best has affirmed all other Long-Term IRs and Short-Term Issue Credit Ratings (Short-Term IR) guaranteed by TRV, as well as TRV’s indicative Long-Term IRs.

Key Points: 
  • At the same time, AM Best has affirmed all other Long-Term IRs and Short-Term Issue Credit Ratings (Short-Term IR) guaranteed by TRV, as well as TRV’s indicative Long-Term IRs.
  • The outlook of these Credit Ratings (ratings) is stable.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .

The Role of Natriuretic Peptides in the Diagnosis and Management of Heart Failure Discussed in New Joint Scientific Statement by the Heart Failure Society of America, Heart Failure Association of the European Society of Cardiology, and Japanese Heart Fail

Retrieved on: 
Wednesday, April 26, 2023

ROCKVILLE, Md., April 26, 2023 /PRNewswire/ -- The Heart Failure Society of America (HFSA), the Heart Failure Association of the European Society of Cardiology (HFA-ESC) and the Japanese Heart Failure Society (JHFS) announced today a joint scientific statement on Natriuretic Peptides: Role in the Diagnosis and Management of Heart Failure.

Key Points: 
  • ROCKVILLE, Md., April 26, 2023 /PRNewswire/ -- The Heart Failure Society of America (HFSA), the Heart Failure Association of the European Society of Cardiology (HFA-ESC) and the Japanese Heart Failure Society (JHFS) announced today a joint scientific statement on Natriuretic Peptides: Role in the Diagnosis and Management of Heart Failure.
  • Natriuretic peptides, brain (B-type) natriuretic peptide (BNP) and N-terminal prohormone of brain natriuretic peptide (NT-proBNP), are internationally used as a biomarker for diagnosis and management in adults with heart failure (HF).
  • In addition, natriuretic peptide biomarker data can be important in risk stratification of heart failure prognosis.
  • The joint scientific statement on natriuretic peptides was developed by the TICC, a collaboration of HFSA, JHFS and HFSA-ESC.

RMA Announces the Acquisition of PRI

Retrieved on: 
Thursday, March 9, 2023

RMA Companies (“RMA”) today announced that it has acquired PRI Group (“PRI”), a leading provider of testing, product development, validation, and certification services to the asphalt, transportation, and building materials end-markets.

Key Points: 
  • RMA Companies (“RMA”) today announced that it has acquired PRI Group (“PRI”), a leading provider of testing, product development, validation, and certification services to the asphalt, transportation, and building materials end-markets.
  • Founded in 1990, PRI provides independent third-party testing, evaluation, and other technical services for several critical infrastructure end-markets, including asphalt/bitumen, transportation, building materials, chemical, and energy.
  • Through these services, PRI helps its clients test, validate, and certify the materials and products that are used in infrastructure and construction projects.
  • “The addition of PRI supports our strategic expansion into the Southeast and bolsters our TICC portfolio,” said Ed Lyon, CEO of RMA.

AM Best Affirms Credit Ratings of The Travelers Companies, Inc. and Its Main Subsidiaries

Retrieved on: 
Friday, July 29, 2022

AM Best also has affirmed all other Long-Term IRs and Short-Term Issue Credit Ratings (Short-Term IR) guaranteed by TRV, as well as TRVs indicative Long-Term IRs.

Key Points: 
  • AM Best also has affirmed all other Long-Term IRs and Short-Term Issue Credit Ratings (Short-Term IR) guaranteed by TRV, as well as TRVs indicative Long-Term IRs.
  • The outlook of these Credit Ratings (ratings) is stable.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
  • For information on the proper use of Bests Credit Ratings, Bests Performance Assessments, Bests Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Bests Ratings & Assessments .

Harris Williams Advises Technical Safety Services on its Sale to Levine Leichtman Capital Partners

Retrieved on: 
Thursday, June 23, 2022

Harris Williams , a global investment bank specializing in M&A advisory services, announces it advised Technical Safety Services (TSS), a portfolio company of The Edgewater Funds (Edgewater) and JZ Partners (JZ), on its sale to Levine Leichtman Capital Partners (LLCP).

Key Points: 
  • Harris Williams , a global investment bank specializing in M&A advisory services, announces it advised Technical Safety Services (TSS), a portfolio company of The Edgewater Funds (Edgewater) and JZ Partners (JZ), on its sale to Levine Leichtman Capital Partners (LLCP).
  • The transaction was led by Luke Semple , Brian Lucas , Paul Hepper , Taylor Morris , Sean Bielawski and Keith Zukowski of Harris Williams.
  • We are seeing strong interest in premium companies like TSS that provide regulatory-driven TICC services, as investors continue to seek resilient businesses providing non-deferrable services, said Brian Lucas, a managing director in the Harris Williams Business Services Group .
  • Harris Williams is a trade name under which Harris Williams LLC, Harris Williams & Co. Ltd and Harris Williams & Co. Corporate Finance Advisors GmbH conduct business.

Levine Leichtman Capital Partners Acquires Technical Safety Services

Retrieved on: 
Thursday, June 23, 2022

Levine Leichtman Capital Partners (LLCP), a Los Angeles-based private equity firm, announced today that it has acquired Technical Safety Services (TSS or the Company) from The Edgewater Funds and JZ Partners.

Key Points: 
  • Levine Leichtman Capital Partners (LLCP), a Los Angeles-based private equity firm, announced today that it has acquired Technical Safety Services (TSS or the Company) from The Edgewater Funds and JZ Partners.
  • Headquartered in La Jolla, California, TSS provides on-site technical services mandated to occur at regular intervals to ensure all clients remain in compliance with regulatory standards.
  • TSS is the ninth platform investment of Levine Leichtman Capital Partners Fund VI, L.P. Across its funds, LLCP has invested extensively in the services, testing, safety, and healthcare sectors, including investments in companies such as Trinity Consultants, FlexXray, Encore Fire Protection, In-Place Machining, Smith System, Therapeutic Research Center, and Monte Nido.
  • Levine Leichtman Capital Partners, LLC is a middle-market private equity firm with a 39-year track record of investing across various targeted sectors, including franchising, business services, education and engineered products.

Harris Williams Advises Kane Logistics on its Sale to ID Logistics

Retrieved on: 
Monday, April 4, 2022

Harris Williams , a global investment bank specializing in M&A advisory services, announces it advised Kane Logistics (Kane), a portfolio company of Harkness Capital Partners (Harkness), on its sale to ID Logistics.

Key Points: 
  • Harris Williams , a global investment bank specializing in M&A advisory services, announces it advised Kane Logistics (Kane), a portfolio company of Harkness Capital Partners (Harkness), on its sale to ID Logistics.
  • The transaction was led by Frank Mountcastle and Jonathan Meredith of the Harris Williams Transportation & Logistics (T&L) Group .
  • It was a pleasure to work with Kane and Harkness on this transaction, added Jonathan Meredith, a director at Harris Williams.
  • Harris Williams is a trade name under which Harris Williams LLC, Harris Williams & Co. Ltd and Harris Williams & Co. Corporate Finance Advisors GmbH conduct business.

Validated Claim Support Expands Before and After Clinical Imaging Capabilities

Retrieved on: 
Thursday, February 10, 2022

As a leading provider of skincare claim support in the Clinical Research Organization (CRO) space, also known as Testing, Inspection, Certification and Compliance (TICC), Validated provides custom tailored claim studies designed to differentiate products in domestic and global markets.

Key Points: 
  • As a leading provider of skincare claim support in the Clinical Research Organization (CRO) space, also known as Testing, Inspection, Certification and Compliance (TICC), Validated provides custom tailored claim studies designed to differentiate products in domestic and global markets.
  • Specializing in In-vivo testing by way of Expert Grading, Bio-Instrumental Assessments, Consumer In-Use Studies, and High-Resolution Imaging, Validated Claim Support offers a unique bridge between scientifically backed claims and marketing ready presentation formats.
  • Validated recommends including clinical photos in most study designs, as they provide a window into what technicians see behind the scenes.
  • "At Validated Claim Support our clinical photography studio has been completely custom build by James VanZetta, who has spent his career custom tailoring novel, high end clinical studios for major multinational sponsors, as well as other clinical testing laboratories.

AM Best Affirms Credit Ratings of The Travelers Companies, Inc. and Its Main Subsidiaries

Retrieved on: 
Thursday, November 4, 2021

AM Best also has affirmed all other Long-Term IRs and Short-Term Issue Credit Ratings (Short-Term IR) guaranteed by TRV, as well as TRVs indicative Long-Term IRs.

Key Points: 
  • AM Best also has affirmed all other Long-Term IRs and Short-Term Issue Credit Ratings (Short-Term IR) guaranteed by TRV, as well as TRVs indicative Long-Term IRs.
  • The outlook of these Credit Ratings (ratings) is stable.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
  • For information on the proper use of Bests Credit Ratings, Bests Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Bests Ratings & Assessments .