Asset management

Northern Trust Names Gary Paulin Head of International Enterprise Client Solutions

Retrieved on: 
Thursday, March 21, 2024
Finance, Consulting, Professional Services, Other Professional Services, Asset Management, Weekender, Trust, Multimedia, Research, NTRS, Asset management, Sales

Northern Trust (NASDAQ: NTRS) today announced it has appointed Gary Paulin to the newly created role of Head of International Enterprise Client Solutions.

Key Points: 
  • Northern Trust (NASDAQ: NTRS) today announced it has appointed Gary Paulin to the newly created role of Head of International Enterprise Client Solutions.
  • View the full release here: https://www.businesswire.com/news/home/20240319913821/en/
    Gary Paulin, Head of International Enterprise Client Solutions at Northern Trust (Photo: Business Wire)
    Paulin will focus on strengthening relationships with key Northern Trust clients across Europe, Middle East, Africa and Asia Pacific at the highest levels of their organisations, creating synergies and facilitating access to the bank’s asset servicing and asset management solutions.
  • “Our clients face diverse challenges from cost to performance to reporting and beyond.
  • Paulin will continue to write The Weekender , which offers a weekly perspective on global market developments and their potential broader implications.

LicenseFortress Enhances Software Asset Management with Licenseware Integration

Retrieved on: 
Thursday, March 14, 2024
Other Professional Services, Legal, Software, Asset Management, Data Management, Professional Services, Technology, Other Technology, Microsoft, Organization, Data analysis, Partnership, Broadcom Inc., IBM, VMware, Oracle, API, Enterprise software, Asset management

LicenseFortress has unveiled a strategic partnership with Licenseware , aimed at revolutionizing software asset management services.

Key Points: 
  • LicenseFortress has unveiled a strategic partnership with Licenseware , aimed at revolutionizing software asset management services.
  • The integration of Licenseware's advanced analytics and reporting tools with LicenseFortress' ArxPlatform® enhances the ability to track and manage software licenses, ensuring compliance and optimizing software investments for operational effectiveness and cost efficiency.
  • Dr. Michael J. Corey, Co-Founder & COO of LicenseFortress, highlighted the significance of this integration, stating, “We are committed to developing APIs for all the leading software asset management tools, configuration managers, and vulnerability software.
  • LicenseFortress stands at the forefront of software asset management and license compliance.

Stormbreaker Ventures Bolsters Global Telecom Engineering with Strategic Investment

Retrieved on: 
Wednesday, March 13, 2024
Professional Services, Technology, Telecommunications, Mobile, Wireless, Software, Venture Capital, Hardware, Like a Boss (film), Growth, Global Telecom Holding, Internet of things, Partnership, Ecosystem, Telecom, Asset management

Global Telecom Engineering specializes in manufacturing cutting-edge hardware for fixed wireless and IoT solutions, powering advancements in wireless connectivity.

Key Points: 
  • Global Telecom Engineering specializes in manufacturing cutting-edge hardware for fixed wireless and IoT solutions, powering advancements in wireless connectivity.
  • The timing of this investment is paramount for Global Telecom Engineering, allowing us to accelerate our growth and make a meaningful impact on global safety," said Ahmad Malkawi , CEO of Global Telecom Engineering.
  • In a pioneering move with Limited Partners, Stormbreaker has partnered with Thermo Companies to enable the Global Telecom Engineering investment.
  • Thermo Companies presented the opportunity to Stormbreaker, expressing confidence in their ability to conduct thorough due diligence and support Global Telecom Engineering.

W. P. Carey Selected as 2024 Green Lease Leader

Retrieved on: 
Thursday, April 4, 2024
ESG, Sale, Acquisition, IMT, Carbon, REIT, Asset management, Water, Gold, WPC, DOE

NEW YORK, April 4, 2024 /PRNewswire/ -- W. P. Carey (W. P. Carey,  NYSE: WPC), a leading net lease REIT specializing in corporate sale-leasebacks, build-to-suits and the acquisition of single-tenant net lease properties, today announced it has been named a 2024 Green Lease Leader by the Institute for Market Transformation (IMT) and the U.S. Department of Energy's (DOE) Better Buildings Alliance. 

Key Points: 
  • NEW YORK, April 4, 2024 /PRNewswire/ -- W. P. Carey (W. P. Carey,  NYSE: WPC), a leading net lease REIT specializing in corporate sale-leasebacks, build-to-suits and the acquisition of single-tenant net lease properties, today announced it has been named a 2024 Green Lease Leader by the Institute for Market Transformation (IMT) and the U.S. Department of Energy's (DOE) Better Buildings Alliance.
  • Launched in 2014, Green Lease Leaders sets standards for what constitutes a green lease, while recognizing landlords and tenants who modernize their leases to spur collaborative action on energy and water efficiency, cost savings, air quality improvement and sustainability in buildings.
  • We seek to include green lease provisions into all new leases as part of our proactive approach to drive emissions reduction and energy efficiency across our portfolio."
  • In 2023, W. P. Carey executed 45 green leases totaling 13.8 million square feet of assets.

Hexagon acquires Itus Digital to expand Asset Performance Management capabilities

Retrieved on: 
Thursday, April 4, 2024
Hexagon AB, EAM, APM, Software as a service, Acquisition, Software, Asset management

STOCKHOLM, Sweden, April 4, 2024 /PRNewswire/ -- Hexagon, the global leader in digital reality solutions, combining sensor, software and autonomous technologies, today announced the acquisition of Itus Digital , a Roanoke, Virginia-based provider of asset performance management (APM) software.

Key Points: 
  • STOCKHOLM, Sweden, April 4, 2024 /PRNewswire/ -- Hexagon, the global leader in digital reality solutions, combining sensor, software and autonomous technologies, today announced the acquisition of Itus Digital , a Roanoke, Virginia-based provider of asset performance management (APM) software.
  • Asset performance management is an approach to industrial operations that focuses on optimising reliability, improving uptime, and reducing cost.
  • Itus Digital provides SaaS-based innovative solutions that help optimise the performance of industrial assets.
  • "We are excited to welcome Itus Digital to Hexagon," said Paolo Guglielmini, President and CEO, Hexagon.

EQT Private Equity to Acquire Avetta from WCAS

Retrieved on: 
Tuesday, April 2, 2024
Automation, Health, Software as a service, Citigroup, Growth, Goldman Sachs, Partnership, Risk, NVP, ESG, TCV, Ropes & Gray, General partnership, AI, Accident, Investment, Kirkland & Ellis, EQT, Safety, SCRM, WCAS, Asset management

Avetta's solution improves the resilience of supply chains worldwide by helping hiring clients and suppliers manage their supply chain risk effectively and improve safety, security, sustainability, worker competency, and performance across major industries

Key Points: 
  • Avetta's solution improves the resilience of supply chains worldwide by helping hiring clients and suppliers manage their supply chain risk effectively and improve safety, security, sustainability, worker competency, and performance across major industries
    NEW YORK, April 2, 2024 /PRNewswire/ -- EQT Private Equity announced today that the EQT X fund ("EQT") has agreed to acquire Avetta (the "Company") from Welsh, Carson, Anderson & Stowe ("WCAS").
  • Together, EQT and Avetta are committed to investing in innovation to address the critical challenges facing global supply chains today.
  • Arvindh Kumar, Partner and Co-Head of Technology within EQT's Private Equity Advisory Team, said, "Avetta's leadership position, world-class SaaS platform, and commitment to ESG represent a highly thematic investment opportunity for EQT.
  • Avetta is an excellent example of how WCAS supports accelerating value creation and driving technology businesses to the next level.

EQT Private Equity to Acquire Avetta from WCAS

Retrieved on: 
Tuesday, April 2, 2024
Automation, Health, Software as a service, Citigroup, Growth, Goldman Sachs, Partnership, Risk, NVP, ESG, TCV, Ropes & Gray, General partnership, AI, Accident, Investment, Kirkland & Ellis, EQT, Safety, SCRM, WCAS, Asset management

Avetta's solution improves the resilience of supply chains worldwide by helping hiring clients and suppliers manage their supply chain risk effectively and improve safety, security, sustainability, worker competency, and performance across major industries

Key Points: 
  • Avetta's solution improves the resilience of supply chains worldwide by helping hiring clients and suppliers manage their supply chain risk effectively and improve safety, security, sustainability, worker competency, and performance across major industries
    NEW YORK, April 2, 2024 /PRNewswire/ -- EQT Private Equity announced today that the EQT X fund ("EQT") has agreed to acquire Avetta (the "Company") from Welsh, Carson, Anderson & Stowe ("WCAS").
  • Together, EQT and Avetta are committed to investing in innovation to address the critical challenges facing global supply chains today.
  • Arvindh Kumar, Partner and Co-Head of Technology within EQT's Private Equity Advisory Team, said, "Avetta's leadership position, world-class SaaS platform, and commitment to ESG represent a highly thematic investment opportunity for EQT.
  • Avetta is an excellent example of how WCAS supports accelerating value creation and driving technology businesses to the next level.

FlexGen Launches HybridOS Analyze BESS Software as a Service

Retrieved on: 
Wednesday, March 27, 2024
Independent, Machine learning, BESS, Software, Utility, FlexGen, Asset management

DURHAM, N.C., March 27, 2024 /PRNewswire/ -- FlexGen, ("FlexGen", or the "Company"), the leading energy storage software and controls provider, is launching their new advanced analytics software platform, HybridOS Analyze. This revolutionary product provides Battery Energy Storage Systems (BESS) sites with real-time analytics and 24/7 remote monitoring, allowing operators to proactively evaluate equipment condition, maximize system availability, and gives insights for optimal productivity from energy storage assets. HybridOS Analyze works as a stand-alone software solution with any energy management software and any BESS systems. Added system insights can maximize the value of energy storage to the grid and increase system capacity utilization by as much as 20%. 

Key Points: 
  • HybridOS Analyze, A Stand-Alone SaaS Solution is Now Available: Unlocking Up to 20% More BESS Capacity Utilization for Portfolios Globally
    DURHAM, N.C., March 27, 2024 /PRNewswire/ -- FlexGen , ("FlexGen", or the "Company"), the leading energy storage software and controls provider, is launching their new advanced analytics software platform, HybridOS Analyze .
  • HybridOS Analyze works as a stand-alone software solution with any energy management software and any BESS systems.
  • Now, with HybridOS Analyze, operators across the country will be able to visualize their system's condition and capitalize on increases in available capacity more effectively," said Hugh Scott, CTO of FlexGen.
  • FlexGen's software platform, HybridOS, is designed to meet the diverse needs of energy storage owners and operators and ensure a seamless and intuitive user experience.

MaxVal's Symphony Selected by Meunier Carlin & Curfman LLC to Elevate IP Management and Annuity Processes

Retrieved on: 
Wednesday, March 27, 2024
MCC, LOS, Risk, Automation, Salesforce, Symphony, IP, Asset management

LOS ALTOS, Calif., March 27, 2024 /PRNewswire/ -- MaxVal Group, Inc. ("MaxVal"), a leading provider of intellectual property management solutions announced today that Meunier Carlin & Curfman LLC ("MCC"), a premier intellectual property law firm, has chosen Symphony , MaxVal's flagship IP management software.

Key Points: 
  • LOS ALTOS, Calif., March 27, 2024 /PRNewswire/ -- MaxVal Group, Inc. ("MaxVal"), a leading provider of intellectual property management solutions announced today that Meunier Carlin & Curfman LLC ("MCC"), a premier intellectual property law firm, has chosen Symphony , MaxVal's flagship IP management software.
  • Developed in close collaboration with leading law firms, Symphony represents the next generation of IP management software.
  • Its superior security and performance, provided by the Salesforce platform, sets a new standard in the IP management software industry.
  • According to Larry Aaronson, Principal at MCC, "MaxVal's Symphony platform is a strategic asset for IP law firms.

North American Building Materials Leader Cornerstone Building Brands Chooses ToolsGroup and River Logic's Technology

Retrieved on: 
Tuesday, March 26, 2024
Centurion, Schedule, Partnership, Capital punishment, Ecosystem, Operation, Asset management

BOSTON and DALLAS, March 26, 2024 /PRNewswire/ -- ToolsGroup, a global leader in retail and supply chain planning and optimization software, along with partner River Logic, Inc, a global innovator in network design and optimization, announced that Cornerstone Building Brands, a leading North American manufacturer of exterior building materials, will harness the power of their comprehensive technologies for end-to-end value chain optimization.

Key Points: 
  • Unique Partnership Delivers an End-to-End Network Optimization Solution to Seamlessly Integrate Supply Chain Design, Manufacturing Footprint and Probabilistic Planning and Execution for Leading Building Materials Manufacturer.
  • BOSTON and DALLAS, March 26, 2024 /PRNewswire/ -- ToolsGroup , a global leader in retail and supply chain planning and optimization software, along with partner River Logic , Inc, a global innovator in network design and optimization, announced that Cornerstone Building Brands, a leading North American manufacturer of exterior building materials, will harness the power of their comprehensive technologies for end-to-end value chain optimization.
  • "Our robust partner ecosystem enables us to provide end-to-end supply chain solutions for customers like Cornerstone Building Brands," said ToolsGroup CEO, Inna Kuznetzova.
  • "Combining the River Logic Value Chain Optimization solution with ToolsGroup's service driven supply chain planning capabilities, brings the power of extended network design and strategic financial planning with operational supply chain simulation to Cornerstone Building Brands," said Carlos Centurion, President of River Logic.