CONNECTICUT

Sustainable Green Team, Ltd. (SGTM) Signs Letter-of-Intent Expanding Their Footprint in the Northeast Region

Retrieved on: 
Thursday, March 28, 2024
Environment, Partnership, Knowledge, Climate, Lead, Green Team, Food, Technology transfer, OTCQX, LOI, Definitive, Marketing

The agreement calls for an innovative collaboration focused on manufacturing, distribution, and sales of sustainable, eco-friendly products in the Northeast United States.

Key Points: 
  • The agreement calls for an innovative collaboration focused on manufacturing, distribution, and sales of sustainable, eco-friendly products in the Northeast United States.
  • Upon entering into a Definitive Agreement, the partnership aims to revolutionize the region and expects to generate over $50 million in revenue from July 2024 to June 2027.
  • Under the terms of the LOI, Sustainable Green Team, Ltd. will take the lead in manufacturing and technology transfer for groundbreaking products like XLR8®Bio .
  • SGTM and D2E are excited about this sustainable collaboration, which will bring eco-friendly solutions to the Northeast United States.

Agrify Corporation Announces Turnkey Hydrocarbon Extraction Equipment Contract with Connecticut-Based Company New England Edibles, dba SoundView

Retrieved on: 
Thursday, March 28, 2024
The Bronx (band), Soundview, Bronx, Lab, Food, Cannabis, ONE, Drug

TROY, Mich., March 28, 2024 (GLOBE NEWSWIRE) -- Agrify Corporation (Nasdaq: AGFY) (“Agrify” or the “Company”), a leading provider of innovative cultivation and extraction solutions for the cannabis industry, today announced the signing of a Turnkey Hydrocarbon Extraction and Lab Equipment Package with New England Edibles, dba SoundView, (“SoundView” or the “Customer”), a licensed operator based in Bristol, CT.

Key Points: 
  • TROY, Mich., March 28, 2024 (GLOBE NEWSWIRE) -- Agrify Corporation (Nasdaq: AGFY) (“Agrify” or the “Company”), a leading provider of innovative cultivation and extraction solutions for the cannabis industry, today announced the signing of a Turnkey Hydrocarbon Extraction and Lab Equipment Package with New England Edibles, dba SoundView, (“SoundView” or the “Customer”), a licensed operator based in Bristol, CT.
    SoundView has purchased Agrify’s Turnkey Hydrocarbon Extraction and Lab Equipment Package, which includes Precision Extraction’s PX1 Hydrocarbon Extraction System, a Vacuum Oven Package, a 5L G3 Short-Path Distillation System, and C1D1 Fume Hood.
  • Agrify’s PX1 Hydrocarbon Extraction System is a small footprint extractor that allows for a 3-5 lbs.
  • SoundView’s choice of Agrify’s PX1 System will allow them to easily scale by adding PX Hydrocarbon material columns to expand their throughput without operational interruption.
  • For information about Agrify’s cultivation and extraction technologies, please visit www.agrify.com to learn more.

Risk Strategies Acquires Pace Professional Services, Ltd.

Retrieved on: 
Tuesday, March 26, 2024
Pace, EPL, AICPA, Risk management, Policy, Acquisition, American Institute, Certified Public Accountant, Nursing

BOSTON, March 26, 2024 (GLOBE NEWSWIRE) -- Risk Strategies , a leading national specialty insurance brokerage and risk management firm, today announced it has acquired Pace Professional Services, Ltd. (Pace), a Long Island-based firm specializing in professional liability coverages with a focus on certified public accountants and law firms.

Key Points: 
  • BOSTON, March 26, 2024 (GLOBE NEWSWIRE) -- Risk Strategies , a leading national specialty insurance brokerage and risk management firm, today announced it has acquired Pace Professional Services, Ltd. (Pace), a Long Island-based firm specializing in professional liability coverages with a focus on certified public accountants and law firms.
  • Based in Garden City, NY, Pace was founded in 1992 by Kenneth Gross, its president and owner.
  • The acquisition marks the first for Risk Strategies of a firm with a predominant focus on the accounting profession.
  • “Specialized expertise is vital to ensuring client risks are effectively mitigated,” said Robert Rosenzweig, New York Regional Leader, Risk Strategies.

Budderfly and Craveworthy Brands Announce Corporate Partnership to Accelerate Sustainability for Restaurants

Retrieved on: 
Tuesday, April 9, 2024
Hardware, Building Systems, Retail, Alternative Energy, Construction & Property, Green Technology, Energy, Sustainability, Manufacturing, Consumer Electronics, Technology, Environment, Restaurant, Bar, Software, HVAC, Utilities, Electricity, Growth, Health, Partnership, School, Carbon footprint, Carbon, Cloud computing, Lighting, Multimedia, LED, Genghis Khan

Budderfly , the premier sustainability partner for businesses with repeatable footprints, today announced a corporate partnership with restaurant platform company Craveworthy Brands to drive down energy consumption at Cravewothy’s corporate and franchise-owned restaurants.

Key Points: 
  • Budderfly , the premier sustainability partner for businesses with repeatable footprints, today announced a corporate partnership with restaurant platform company Craveworthy Brands to drive down energy consumption at Cravewothy’s corporate and franchise-owned restaurants.
  • The cost-saving and sustainability outcomes stemming from this partnership will establish a new benchmark for sustainability across the approximately 200 other current and planned restaurant locations within the Craveworthy umbrella.
  • “Craveworthy Brands is laser-focused on fostering growth and success for our brands and that can only be done when franchisees and operators are winning.
  • “We're excited to expand our work shaping the energy future for the food service industry in partnership with Craveworthy Brands.

Tetricus Labs Partners with Silver Hill Hospital on Research to Advance Precision Psychiatry

Retrieved on: 
Tuesday, April 9, 2024
Data Management, Technology, Other Health, Health, Neurology, Mental Health, Research, Software, Artificial Intelligence, Hospitals, Science, Dow, Panic disorder, Psychiatry, Data science, Associate, Silver, Partnership, Patient, Tetricus, Bipolar disorder, Radiology, Neuroscience, Doctor of Philosophy, DSM-IV codes, Evercore, MD, Psychology, Silver Hill Hospital, Social anxiety disorder, Machine learning, Medical director, Yale University, Medicine, Nursing

Precision psychiatry startup Tetricus Labs has partnered with Silver Hill Hospital , one of the nation’s premier psychiatric hospitals, on a two-year feasibility study to assess how machine learning can significantly improve patient outcomes.

Key Points: 
  • Precision psychiatry startup Tetricus Labs has partnered with Silver Hill Hospital , one of the nation’s premier psychiatric hospitals, on a two-year feasibility study to assess how machine learning can significantly improve patient outcomes.
  • “We're patient-founded, patient-owned, and patient-run,” said Dow, CEO for Tetricus Labs.
  • Andrew J. Gerber, MD, PhD, President and Medical Director of Silver Hill Hospital, will join Tetricus Labs as a Medical Advisor to ensure Tetricus’ machine learning software is designed to fit within the busy workflow of hospital clinicians and staff, maximizing its accessibility for providers and potential impact on patient outcomes.
  • “This partnership represents our continued commitment to exploring innovative methods that can enhance our understanding of psychiatric disorders and improve patient outcomes."

Avangrid Recognized for Job Quality Performance by JUST Capital

Retrieved on: 
Tuesday, April 9, 2024
Other Energy, Utilities, Environment, Oil, Gas, Sustainability, Alternative Energy, Energy, Development, Parental leave, Knowledge, Scorecard, Fertility, Capital, JUST, Life, Investment, Compensation, Curriculum, AGR

Avangrid earned top marks in the categories of Employee Wellness and Training & Development and earned an overall score well above the energy industry average.

Key Points: 
  • Avangrid earned top marks in the categories of Employee Wellness and Training & Development and earned an overall score well above the energy industry average.
  • We recognize that prioritizing job quality also creates a positive ripple effect that extends to our customers, shareholders, and society at large.
  • It creates a standard by assessing job quality performance on 31 data points across six key topic areas: Benefits, Employee Wellness, Hiring & Stability, Training & Development, Wages & Compensation, and Workforce Composition.
  • In 2023, Avangrid employees logged a total of 20,051 hours of leadership training and 13,260 online leadership course training hours.

Littlejohn & Co. Adds Transportation and Logistics Expert Farrukh Bezar as Operating Advisor

Retrieved on: 
Tuesday, April 9, 2024
Asset Management, Professional Services, Finance, CSX Corporation, Growth, Transport, STG, Senior, MBA, Northwestern University, CSX, Littlejohn & Co., Marketing, Chase Bank, Management

Littlejohn & Co., LLC (“Littlejohn”), a private investment firm based in Greenwich, CT, today announced that Farrukh Bezar has joined the firm as an Operating Advisor.

Key Points: 
  • Littlejohn & Co., LLC (“Littlejohn”), a private investment firm based in Greenwich, CT, today announced that Farrukh Bezar has joined the firm as an Operating Advisor.
  • In this role, Mr. Bezar will work closely with Littlejohn’s transportation and logistics team to identify attractive investment opportunities and support our logistics portfolio companies as they refine their go-to-market strategies, drive growth, and improve profitability.
  • His previous experience includes senior leadership roles within the transportation and logistics functions at Clarendon, Booz Allen Hamilton, and A.T. Kearney.
  • He currently serves on the boards of Littlejohn portfolio company, Magnate Worldwide, as well as STG and the Northwestern Transportation Advisory Board.

Tom Gentile Appointed CEO & President at Hexcel Corporation

Retrieved on: 
Tuesday, April 9, 2024
Engineering, Aerospace, Manufacturing, 8-K, Culture, Growth, Spirit AeroSystems, Business, GE Capital, Central Waqf Council, Corporation, Knowledge, Honeywell, Aviation, Dean, MBA, Aerospace Industries Association, Harvard University, AIA, Retirement, Dana Incorporated, Management

Hexcel Corporation (NYSE: HXL) announced today that following a comprehensive succession process, its Board of Directors has appointed Thomas C. Gentile III as Chief Executive Officer & President of Hexcel Corporation, effective May 1.

Key Points: 
  • Hexcel Corporation (NYSE: HXL) announced today that following a comprehensive succession process, its Board of Directors has appointed Thomas C. Gentile III as Chief Executive Officer & President of Hexcel Corporation, effective May 1.
  • He will succeed Chairman, CEO & President Nick Stanage who worked closely with the Board on his desire to retire at the end of the year.
  • With his significant leadership and aerospace industry experience and composites knowledge, Tom is ideally suited to lead Hexcel into the future.
  • Previously, he held a succession of leadership roles at GE across the U.S., France and Australia including President & Chief Operating Officer of GE Capital, President & CEO of GE Healthcare Systems, and President & CEO of GE Aviation Services.

Virtus Investment Partners Reports Preliminary March 31, 2024 Assets Under Management

Retrieved on: 
Tuesday, April 9, 2024
Asset Management, Professional Services, Finance, Virtus Investment Partners

Virtus Investment Partners, Inc. (NYSE: VRTS) today reported preliminary assets under management of $179.3 billion as of March 31, 2024.

Key Points: 
  • Virtus Investment Partners, Inc. (NYSE: VRTS) today reported preliminary assets under management of $179.3 billion as of March 31, 2024.
  • The increase from December 31, 2023 primarily reflects market performance and net inflows in retail separate accounts, partially offset by net outflows in institutional accounts and open-end funds.
  • In addition, the company provided services to $2.7 billion of other fee-earning assets, which are not included in assets under management.

Generational Group Advises Creative Dimensions in its Sale to Pinnacle

Retrieved on: 
Tuesday, April 9, 2024
Publishing, Consulting, Marketing, Advertising, Communications, Professional Services, Search Engine Optimization, Asset Management, Blogging, PepsiCo, Culture, ESPN, University, Sport, Growth, IKEA, Dairy Queen, CDI, Name, MLB Network, Sale, Acquisition, USGA, MLB, M&A, Super Bowl, YES Network, Dallas Cowboys, Tourism

Generational Group , a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client Creative Dimensions, Inc. to Pinnacle.

Key Points: 
  • Generational Group , a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client Creative Dimensions, Inc. to Pinnacle.
  • Pinnacle , headquartered in Hillsboro, Oregon (with multiple locations throughout the U.S.) is a leading experiential marketing company.
  • Pinnacle creates memorable experiences for top brands around the world through activations, exhibits, environments, and events.
  • “This is a natural evolution in Creative Dimensions’ progression of serving brands in and out of sports and entertainment,” said Joel Roy, President of Creative Dimensions, who will transition to the role of Hartford Division President at Pinnacle.