MRP | Jotup

Kelly Completes Acquisition of Motion Recruitment Partners, LLC

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星期一, 六月 3, 2024

Webcast, MSP, Sale, MRP, Littlejohn & Co., RPO, Acquisition, Telecommunications, Growth

TROY, Mich., June 03, 2024 (GLOBE NEWSWIRE) -- Kelly (Nasdaq: KELYA, KELYB) (“the Company”), a leading global specialty talent solutions provider, today announced it has completed the acquisition of Motion Recruitment Partners, LLC (“MRP”), from Littlejohn & Co., LLC (“Littlejohn”), a private investment firm based in Greenwich, Connecticut.

Key Points:

TROY, Mich., June 03, 2024 (GLOBE NEWSWIRE) -- Kelly (Nasdaq: KELYA, KELYB) (“the Company”), a leading global specialty talent solutions provider, today announced it has completed the acquisition of Motion Recruitment Partners, LLC (“MRP”), from Littlejohn & Co., LLC (“Littlejohn”), a private investment firm based in Greenwich, Connecticut.
Kelly previously announced on May 3, 2024, that it had entered into a definitive agreement to acquire MRP from Littlejohn.
The acquisition of MRP strengthens the scale and capabilities of Kelly’s staffing and consulting solutions across technology, telecommunications, and government specialties in North America, and recruitment process outsourcing (RPO) solutions globally.
Kelly will host a live webcast of a conference call with financial analysts on June 18, 2024, at 9 a.m.

Seamless Air Alliance Becomes Market Representation Partner for 3GPP

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星期三, 五月 22, 2024

Seamless Air Alliance (SAA), the leading developer of global standards for inflight connectivity, announced it has been accepted as a Market Representation Partner (MRP) by the 3rd Generation Partnership Project (3GPP).

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Seamless Air Alliance (SAA), the leading developer of global standards for inflight connectivity, announced it has been accepted as a Market Representation Partner (MRP) by the 3rd Generation Partnership Project (3GPP).
Following the Seamless Air Alliance leadership of a specialized Working Group on the integration of 3GPP Non-Terrestrial Networks (NTN) in Aviation, a group that is co-chaired by Airbus and Vodafone, the Organizational Partners of 3GPP officially granted Seamless Air Alliance Market Representation Partner status on 24 April 2024.
“It is an honor for the Seamless Air Alliance to be granted MRP status by 3GPP and recognized for its leadership in aviation connectivity standards,” said Jack Mandala, CEO of the Seamless Air Alliance.
“The Seamless Air Alliance represents major inflight connectivity stakeholders and promotes aviation requirements for connectivity solutions including 3GPP 5G and 6G.

New Retail Platform CUSCO Launches to Connect National Retailers With Rural America

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星期一, 五月 20, 2024

CUSCO today announced its formation as a retail real estate platform focused on connecting national retailers with rural America.

Key Points:

CUSCO today announced its formation as a retail real estate platform focused on connecting national retailers with rural America.
The company will accomplish this by acquiring and managing high-quality retail properties across in-demand rural markets, as well as providing advisory services to national brands looking to expand into these regions.
CUSCO is founded by retail real estate professional John Cusumano, who has extensive experience in secondary and tertiary markets and has cultivated a deep understanding of the real estate operating landscape in rural America.
CUSCO has identified a white space in the retail market as national brands have demonstrated strong demand to expand across smaller rural communities, but most national real estate investors and advisors do not have the knowledge, experience or desire to focus on these areas.

Kelly Reports First-Quarter 2024 Earnings

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星期四, 五月 9, 2024

Sale, Acquisition, MRP, Growth

Kelly reported operating earnings in the first quarter of 2024 of $26.8 million, compared to earnings of $10.7 million reported in the first quarter of 2023.

Key Points:

Kelly reported operating earnings in the first quarter of 2024 of $26.8 million, compared to earnings of $10.7 million reported in the first quarter of 2023.
Excluding those charges, adjusted earnings were $23.1 million in the first quarter of 2024.
Earnings in the first quarter of 2023 included $6.6 million of restructuring charges and adjusted earnings from operations were $17.3 million.
Earnings per share in the first quarter of 2024 were $0.70 compared to earnings per share of $0.29 in the first quarter of 2023.

Kelly Enters Agreement to Acquire Specialty Talent Solutions Company, Motion Recruitment Partners, LLC

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星期五, 五月 3, 2024

Littlejohn & Co., Sale, Motion, OCG, MSP, Partnership, Growth, Culture, Littlejohn, RPO, MRP, Acquisition, Telecommunications, Government, K–12

Under the terms of the agreement, Kelly will acquire MRP for $425 million in cash to be paid at close, with additional earnout potential of up to $60 million based on certain performance criteria.

Key Points:

Under the terms of the agreement, Kelly will acquire MRP for $425 million in cash to be paid at close, with additional earnout potential of up to $60 million based on certain performance criteria.
The transaction is expected to close in the second quarter of 2024, subject to receipt of required regulatory approvals and other customary closing conditions.
Houlihan Lokey is serving as financial advisor to Kelly with Jasso Lopez PLLC serving as its legal counsel.
Robert W. Baird is serving as the financial advisor to MRP with Baker Hostetler serving as its legal counsel.

Air Systems International Chooses SYSPRO ERP Software to Modernize Technology Stack and Set Foundation for Growth

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星期二, 四月 30, 2024

ERP, Ventilation, EDI, Attention, Automation, MRP, Growth, Online shopping

TUSTIN, Calif., April 30, 2024 /PRNewswire/ -- SYSPRO, a global provider of ERP software, today announced that Air Systems International, a Chesapeake, VA-based leading manufacturer of air filtration, ventilation, and portable area lighting solutions, has chosen SYSPRO to gain deeper visibility into their operations and support growth.

Key Points:

Air Systems sought to replace an outdated system they'd been operating on for more than 30 years.
After a competitive process that involved multiple major vendors, Air Systems selected SYSPRO and its partner, Lonehill Systems .
Air Systems also experienced firsthand the level of service and attention they would receive as a SYSPRO and Lonehill customer.
We know we've found a great partner who can help us build the ERP foundation we need to accelerate our growth."

EQS-News: mrp hotels receives exclusive consulting mandate for EPH Group AG

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星期五, 五月 3, 2024

Investment, Nature, MRP, IPO, EPH, Wiener Börse, Tourism

mrp hotels supports EPH Group AG in its future strategy and investment strategy.

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mrp hotels supports EPH Group AG in its future strategy and investment strategy.
Vienna, April 23, 2024 – mrp hotels has been exclusively mandated by EPH Group AG and its joint venture partners to market a first-class hotel development in the Kitzbühel Alps.
mrp hotels is supporting EPH Group AG in the final positioning of the premium resort and in the search for further investment and operator partners.
Alexander Lühr, CEO EPH Group AG: „In mrp hotels, we have found the ideal partner for implementing our strategy.

Elevated Signals and Auxilium Partner to Recover the $3.4 Trillion of Critical Minerals in Mining Waste

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星期二, 四月 16, 2024

Elevated Signals Inc. (“Elevated Signals”), a pioneering technology company that offers advanced Manufacturing Resource Planning (MRP) software, announces the continued diversification of its client base into the growing waste-to-value and critical minerals recovery sectors, highlighted by a new partnership with Auxilium Technology Group (“Auxilium”).

Key Points:

Elevated Signals Inc. (“Elevated Signals”), a pioneering technology company that offers advanced Manufacturing Resource Planning (MRP) software, announces the continued diversification of its client base into the growing waste-to-value and critical minerals recovery sectors, highlighted by a new partnership with Auxilium Technology Group (“Auxilium”).
Auxilium‘s unique valorization technology efficiently extracts critical minerals from mine tailings and repurposes the reclaimed tailings to manufacture eco-friendly construction materials.
Mining waste is one of the largest waste streams generated globally, with an estimated 100 billion tons or more produced annually.
“Waste-to-value manufacturing businesses like Auxilium play a key role in providing critical minerals needed for the transition to renewable energy, which presents a significant opportunity within the mining sector,” said Amar Singh, CEO and co-founder of Elevated Signals.

Northstar Receives Second Government Grant of $100,000 from Alberta Innovates for Engineering Costs of Empower Calgary Facility

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星期三, 四月 24, 2024

AB, Research, Bioenergy Program, Crown, Engineering, MRP, Front-end engineering, Alberta Innovates, FEED, Payment schedule

The Company received approval in March 2022 for a non-repayable $200,000 grant for the direct engineering costs of the Calgary Empower Facility under Alberta Innovates' Bioenergy Program.

Key Points:

The Company received approval in March 2022 for a non-repayable $200,000 grant for the direct engineering costs of the Calgary Empower Facility under Alberta Innovates' Bioenergy Program.
Mr. Aidan Mills, President & CEO and Director of Northstar, stated, "Alberta Innovates was the first public organization to support Northstar – recognizing the potential of and providing funding for the engineering of our first-of-its-kind facility.
Having now completed the detailed design phase of our Empower Calgary Facility, and having Alberta Innovates recognize this accomplishment with their second government grant is very complimentary to the Company.
The support of Alberta Innovates has been very welcome, and we look forward to delivering our first commercial facility that merits their support."

Powered By MRP Introduces ATOM: A Ground-Breaking RF Microneedling Device Redefining Affordability in Aesthetics

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星期二, 四月 23, 2024

MRP, Pharmaceutical industry

PARK CITY, Utah, April 23, 2024 /PRNewswire/ -- Globally recognized aesthetic device company Powered By MRP is proud to announce the launch of the ATOM Radiofrequency Microneedling System (RFMN).

Key Points:

PARK CITY, Utah, April 23, 2024 /PRNewswire/ -- Globally recognized aesthetic device company Powered By MRP is proud to announce the launch of the ATOM Radiofrequency Microneedling System (RFMN).
This state-of-the-art device represents a breakthrough in skincare technology offering a spec-for-spec equivalent to other RFMN systems at a fraction of the cost.
This launch aligns with Powered By MRP's mission of reducing healthcare costs, empowering clinicians to provide high-quality treatments at lower patient pricing.
"ATOM's arrival in the United States market marks a new era in RFMN," said Cole Whitaker, Chief Commercial Officer of Powered By MRP.