NEWBURY

Infinite Reality’s SPAC Partner Engages BTIG as Capital Markets Advisor; Continues to Drive Robust Expansion and Strengthened Market Position

Retrieved on: 
Friday, May 3, 2024
Virtual reality, AST SpaceMobile, ICR, Partnership, Drone, Acquisition, Warner Bros. Discovery, Marketing, T-Mobile, Growth

BTIG has previously advised on similar business combinations including for AST SpaceMobile, Pinstripes Holdings and Vacasa.

Key Points: 
  • BTIG has previously advised on similar business combinations including for AST SpaceMobile, Pinstripes Holdings and Vacasa.
  • Tom Bushey, Chief Executive Officer of Newbury commented, “Partnering with the BTIG team is critical to Newbury’s transaction with iR and the Company’s journey towards becoming a publicly traded company.
  • Their expertise is invaluable to Newbury as iR enters this next phase of growth with a public currency to further expand its immersive technology platform and services."
  • BTIG joins a strong roster of partners advising and working alongside iR as the Company pursues its capital markets strategy, including leading strategic communications and advisory firm, ICR.

Kisco Senior Living Debuts in Boston with Signature Retirement Community, The Newbury of Brookline

Retrieved on: 
Thursday, December 7, 2023
Samuel Crowthers Mitton House, Safety, Organization, Kisco Senior Living, Calendar, Heart, Trust, Hydrotherapy, Health, Art, Newbury College, Boston, Kisco

CARLSBAD, Calif. and BROOKLINE, Mass., Dec. 7, 2023 /PRNewswire/ -- Kisco Senior Living proudly introduces its premier lifestyle brand, Kisco Signature, to the Boston area with The Newbury of Brookline. Part of Kisco's upscale portfolio, the community development is situated on the historic Newbury College site, revitalizing landmarks such as the meticulously restored Mitton House with sophisticated accommodations and a comprehensive spectrum of care services. The Newbury, opening in fall 2024, exemplifies Kisco's dedication to delivering exceptional living experiences and will offer independent living, assisted living and memory care residence options. A second Kisco Signature project may join Newbury in the Boston area, with a potential announcement coming next year.

Key Points: 
  • CARLSBAD, Calif. and BROOKLINE, Mass., Dec. 7, 2023 /PRNewswire/ -- Kisco Senior Living proudly introduces its premier lifestyle brand, Kisco Signature, to the Boston area with The Newbury of Brookline .
  • The Newbury, opening in fall 2024, exemplifies Kisco's dedication to delivering exceptional living experiences and will offer independent living, assisted living and memory care residence options.
  • A second Kisco Signature project may join Newbury in the Boston area, with a potential announcement coming next year.
  • Kisco Signature seeks to support our residents' desires to live healthy, purposeful lives, and we're excited to introduce our exclusive and elevated concept of senior living to Boston."

Syska Hennessy Broadens Boston Office Capabilities with Four Key Hires

Retrieved on: 
Tuesday, June 27, 2023
Wentworth Institute of Technology, Bachelor of Science in Information Technology, Bangladesh Technical Education Board, ASHRAE, PE, Airgas, University, CPHC, Health, Data, Electrical engineering technology, LEED, Telephone, AP, Electronics, EIT, ICT, State Street, Sustainability, IBM Power Systems, MEP, Rensselaer Polytechnic Institute, University of Massachusetts Amherst College of Engineering, Engineering, Syska Hennessy, Post Office Square, Society, Electricity, Construction, Civil engineering, Science, Northeastern University

BOSTON, June 27, 2023 /PRNewswire/ -- The Boston office of Syska Hennessy Group has added four specialists to enhance local capabilities in life sciences, sustainability, data centers, and power systems, announces Andrew Krenning, associate partner and leader of the Boston office.

Key Points: 
  • Fondungallah earned a master's degree in electrical engineering from Northeastern University in Boston.
  • Our office has been growing rapidly, and we expect the momentum to further increase with these new colleagues on board."
  • Syska's Boston office is located at 10 Post Office Square in the center of the financial district.
  • Syska Hennessy Group is a leading global, full-service MEP, information and communication technology (ICT), vertical transportation, and commissioning engineering firm.

Bridge Investment Group Completes Acquisition of Newbury Partners to Capitalize on Growing Secondaries Opportunity

Retrieved on: 
Monday, April 3, 2023
Professional Services, Finance, Partnership, Kirkland & Ellis, Proskauer Rose, Latham & Watkins, Philosophy, AUM, Acquisition, Growth, NYSE, Security (finance), Financial services, Bridge

Bridge Investment Group Holdings Inc. (NYSE: BRDG) (“Bridge” or the “Company”) today announced it has completed its previously announced $320.1 million cash acquisition of substantially all of the business of Newbury Partners LLC (“Newbury”), an investment manager that specializes in acquiring limited partnership interests in private equity funds through secondary transactions.

Key Points: 
  • Bridge Investment Group Holdings Inc. (NYSE: BRDG) (“Bridge” or the “Company”) today announced it has completed its previously announced $320.1 million cash acquisition of substantially all of the business of Newbury Partners LLC (“Newbury”), an investment manager that specializes in acquiring limited partnership interests in private equity funds through secondary transactions.
  • Newbury is a leader in the secondaries market, with a focus on acquiring limited partnership interests in established buyout, growth equity and venture capital funds.
  • Newbury has a diverse portfolio, attractive institutional investor base, and a strong competitive position in the secondaries market.
  • Robert Morse, Executive Chairman of Bridge, said, “This acquisition and our expansion into the attractive secondaries sector further diversifies our strong platform and positions Bridge for accelerated growth.

Betgoodwin announced as new sponsor of Spring Cup at Newbury Racecourse

Retrieved on: 
Monday, April 3, 2023
Horse racing, Modern News Building, Newbury Racecourse, Horse, Newbury Spring Cup, Godolphin, Sport, Ageing, Dubai Duty Free, News, Spring Cup, Football, Shamardal

LONDON, April 3, 2023 /PRNewswire/ -- Bookmakers Betgoodwin is to become the new sponsor of The Spring Cup at Newbury Racecourse.

Key Points: 
  • LONDON, April 3, 2023 /PRNewswire/ -- Bookmakers Betgoodwin is to become the new sponsor of The Spring Cup at Newbury Racecourse.
  • The Betgoodwin Spring Cup Handicap Stakes will take place on Saturday 22nd April as part of Newbury's flat season opener.
  • Julian Head, Manager Director Goodwin Racing Ltd said: " Betgoodwin are delighted to be sponsoring the prestigious Spring Cup at Newbury.
  • Julian Thick, Chief Executive of Newbury Racecourse welcomed the news: "We are very grateful for Betgoodwin sponsoring the Spring Cup.

Bridge Investment Group to Acquire the Business of Newbury Partners, Diversifying Bridge’s Product Offerings and Client Base with Leading PE Secondaries Platform

Retrieved on: 
Tuesday, February 14, 2023
Finance, Banking, Professional Services, Legal, Asset Management, LLP, Investment, Interest, NYSE, Acquisition, Webcast, Credit, Proskauer Rose, Senior, Kirkland & Ellis, Latham & Watkins, Partnership, Growth, Security (finance), Financial services, Risk management, Online shopping, Bridge

With $4.3 billion in fee earning assets under management, Newbury’s experienced management team has a decades-long track record of investment performance.

Key Points: 
  • With $4.3 billion in fee earning assets under management, Newbury’s experienced management team has a decades-long track record of investment performance.
  • Newbury has a diverse portfolio, attractive institutional investor base, and strong competitive position in the secondaries market.
  • The transaction would add significant assets to the Bridge platform, while enabling Bridge to expand into the rapidly growing private equity secondaries market, which continues to see accelerating demand.
  • The addition of Newbury would diversify Bridge’s product offerings and expand its institutional client base, with minimal overlap between Newbury’s fund investors and existing Bridge limited partners.

Infinite Reality, Inc., Global Leader Delivering Immersive Digital Experiences, to Go Public Through Combination with Newbury Street Acquisition Corporation (NASDAQ: NBST)

Retrieved on: 
Monday, December 12, 2022
Online, LLP, Former, Land Rover Discovery Sport, Acquisition, WB, Tripura Merger Agreement, Columbia Pictures, Music, Digital technology, Internet, Agency, EVP, CVR Partners, Turner Sports, Partnership, IR, Spain at the UCI Track Cycling World Championships, Infinite Paths to Infinite Reality, HBO Max, Uber, Call of Duty League, London Royal Ravens, Turner, Call, Content creation, Athlete, Advisory, Organization, Marketing, Sport, Capital allocation line, Infinite, Financial services, Video game, Security (finance), Metaverse, Pub chain

NEW YORK and LONDON, Dec. 12, 2022 /PRNewswire/ -- Infinite Reality, Inc. (iR), the leader in delivering immersive virtual experiences, and Newbury Street Acquisition Corporation  (Nasdaq: NBST), a special purpose acquisition company ("NBST"), today announced they have entered into a definitive business combination agreement.  Upon completion of the proposed business combination, NBST will change its name to Infinite Reality, Inc., and the combined company's common stock, warrants and units are expected to be listed on the Nasdaq Stock Market. 

Key Points: 
  • iR's tools and services empower companies, innovators, and artists to develop the richest and most forward-thinking experiences.
  • In November, iR announced the release of a suite of immersive digital technology products that redefine how people experience live events and online shopping.
  • "We're thrilled to announce this business combination and pathway for Infinite Reality to enter the public market.
  • Infinite Reality (iR) helps clients with audiences develop immersive Web3 experiences that maximize the value between audiences, brands, and creators.

Infinite Reality, Inc., Global Leader Delivering Immersive Digital Experiences, to Go Public Through Combination with Newbury Street Acquisition Corporation (NASDAQ: NBST)

Retrieved on: 
Monday, December 12, 2022
Online, LLP, Former, Land Rover Discovery Sport, Acquisition, WB, Tripura Merger Agreement, Columbia Pictures, Music, Digital technology, Internet, Agency, EVP, CVR Partners, Turner Sports, Partnership, IR, Spain at the UCI Track Cycling World Championships, Infinite Paths to Infinite Reality, HBO Max, Uber, Call of Duty League, London Royal Ravens, Turner, Call, Content creation, Athlete, Advisory, Organization, Marketing, Sport, Capital allocation line, Infinite, Financial services, Video game, Security (finance), Metaverse, Pub chain

NEW YORK and LONDON, Dec. 12, 2022 /PRNewswire/ -- Infinite Reality, Inc. (iR), the leader in delivering immersive virtual experiences, and Newbury Street Acquisition Corporation  (Nasdaq: NBST), a special purpose acquisition company ("NBST"), today announced they have entered into a definitive business combination agreement.  Upon completion of the proposed business combination, NBST will change its name to Infinite Reality, Inc., and the combined company's common stock, warrants and units are expected to be listed on the Nasdaq Stock Market.

Key Points: 
  • iR's tools and services empower companies, innovators, and artists to develop the richest and most forward-thinking experiences.
  • In November, iR announced the release of a suite of immersive digital technology products that redefine how people experience live events and online shopping.
  • "We're thrilled to announce this business combination and pathway for Infinite Reality to enter the public market.
  • Infinite Reality (iR) helps clients with audiences develop immersive Web3 experiences that maximize the value between audiences, brands, and creators.

Zenyth Partners Announces Successful Closing of Continuation Fund Led by Funds Managed by BlackRock and Manulife Investment Management

Retrieved on: 
Monday, October 17, 2022
General Health, Finance, Health, Professional Services, Health Technology, Autism, Health care, HHF, Growth, Partner, Patient, Debevoise & Plimpton, Investment, Partnership, LP, Manulife, Industry, Trinity Health Mid-Atlantic, Environment, KPI-driven code analysis, BlackRock, Retirement, Bank, Financial services

Zenyth Partners (Zenyth), a healthcare-focused private equity firm specializing in consumer-facing and tech-enabled healthcare services, announced today the successful completion of a transformative continuation fund transaction.

Key Points: 
  • Zenyth Partners (Zenyth), a healthcare-focused private equity firm specializing in consumer-facing and tech-enabled healthcare services, announced today the successful completion of a transformative continuation fund transaction.
  • The continuation fund is composed of both secondary and primary capital commitments, co-led by funds managed by BlackRock (BlackRock Funds) and Manulife Investment Management with support from Newbury Partners, which funded the purchase of minority stakes in three portfolio companies (the Sale Portfolio) from Zenyth Partners, LP, a 2018 vintage permanent capital vehicle.
  • We welcome the support of new blue-chip institutional partners, said Rob Feuer, Managing Partner of Zenyth.
  • Manulife Investment Management is the global brand for the global wealth and asset management segment of Manulife Financial Corporation.

TEACHERS FROM FIVE STATES CITED AS TEACHERS OF EXCELLENCE BY THE NATIONAL ROAD SAFETY FOUNDATION AND AMERICAN DRIVER & TRAFFIC SAFETY EDUCATION ASSOCIATION

Retrieved on: 
Monday, July 25, 2022
Association, AAA, NRSF, Crash, Michigan Education Association, Partnership, SADD, Parent, Safety, Woodstock Union High School, FCCLA, American Driver, Seat belt, Trauma, National Highway Traffic Safety Administration, Central Washington University, Teacher, Technology, Memory, Heart, Life, Pain, Pattonville School District, Health, Board, Aggression, Virginia Association, Ontario Students Against Impaired Driving, International Design Excellence Awards, Student, School, Police, DC, Prince, Virginia Department of Education, Generation Z, Scholastic, Generation, Tutoring, Rothesay (disambiguation), Education

The honor, with a cash stipend, comes from the The National Road Safety Foundation and the American Driver & Traffic Safety Education Association (ADTSEA).

Key Points: 
  • The honor, with a cash stipend, comes from the The National Road Safety Foundation and the American Driver & Traffic Safety Education Association (ADTSEA).
  • Since becoming involved in traffic safety education in 2007, he said he's poured his heart into becoming a better driver education teacher, attending conferences and taking courses.
  • The American Driver and Traffic Safety Education is the professional association that represents traffic safety educators throughout the United States.
  • It was instrumental in creating the new driver education curriculum standard issued recently by the National Highway Traffic Safety Administration.