Alpine

Cotton Creek Capital Announces the Formation of Alpine Infrastructure Partners, LLC

Retrieved on: 
Wednesday, August 2, 2023

AUSTIN, Texas, Aug. 02, 2023 (GLOBE NEWSWIRE) -- Cotton Creek Capital (“Cotton Creek”) is pleased to announce a partnership with the management of Alpine Communication, LLC (“Alpine”) to form Alpine Infrastructure Partners, LLC (“Alpine Infrastructure”).

Key Points: 
  • AUSTIN, Texas, Aug. 02, 2023 (GLOBE NEWSWIRE) -- Cotton Creek Capital (“Cotton Creek”) is pleased to announce a partnership with the management of Alpine Communication, LLC (“Alpine”) to form Alpine Infrastructure Partners, LLC (“Alpine Infrastructure”).
  • Alpine is a leading provider of critical field and administrative services to utility and telecommunications customers throughout the US.
  • Headquartered in Ormond Beach, Florida, Alpine specializes in a variety of field services and outsourced business processes, including permit administration, pole attachment analysis and inspections, joint use audits, and drafting services.
  • We anticipate accelerated growth alongside the Cotton Creek team given their extensive experience with telecommunications and power utilities customers,” said Founder and Executive Chairman of Alpine, Mitch Veynovich.

50 Years of Philanthropy campaign awards $426,500 to Colorado nonprofits

Retrieved on: 
Tuesday, August 1, 2023

As part of its new 50 Years of Philanthropy campaign, each of Alpine Bank’s 853 employees directed a one-time charitable gift of $500 to support an eligible Colorado nonprofit organization.

Key Points: 
  • As part of its new 50 Years of Philanthropy campaign, each of Alpine Bank’s 853 employees directed a one-time charitable gift of $500 to support an eligible Colorado nonprofit organization.
  • In total, $426,500 will be donated to the selected organizations in celebration of the bank’s continued commitment to Colorado.
  • The gifts were awarded today, on Colorado Day, the state’s 147th birthday.
  • “I think it’s impossible to separate where business interests end and where society’s begin,” said Alpine Bank founder and Chairman Bob Young.

Ares Management Corporation Announces U.S. Direct Lending Origination Activity for the Second Quarter and Last Twelve Months 2023

Retrieved on: 
Tuesday, August 1, 2023

Below is a description of selected transactions that Ares closed during the second quarter.

Key Points: 
  • Below is a description of selected transactions that Ares closed during the second quarter.
  • Ares served as a lender for an incremental senior secured credit facility to support Alpine Investors’ continued growth plans for Apex Service Partners.
  • Ares served as the administrative agent and lead arranger and bookrunner for a senior secured credit facility to support Brinkmere Capital’s continued growth plans for Certified Power.
  • Ares served as the administrative agent for a senior secured credit facility to support Vobev’s continued growth plans.

Alpine Banks of Colorado Announces Financial Results for Second Quarter 2023

Retrieved on: 
Monday, July 31, 2023

GLENWOOD SPRINGS, Colo., July 31, 2023 (GLOBE NEWSWIRE) -- Alpine Banks of Colorado (OTCQX: ALPIB) (“Alpine” or the “Company”), the holding company for Alpine Bank (the “Bank”), today announced results (unaudited) for the second quarter ended June 30, 2023.

Key Points: 
  • GLENWOOD SPRINGS, Colo., July 31, 2023 (GLOBE NEWSWIRE) -- Alpine Banks of Colorado (OTCQX: ALPIB) (“Alpine” or the “Company”), the holding company for Alpine Bank (the “Bank”), today announced results (unaudited) for the second quarter ended June 30, 2023.
  • Highlights in second quarter 2023 include:
    Basic earnings per Class A common share decreased 25.5%, or $46.07, during second quarter 2023.
  • Net interest margin for second quarter 2023 was 3.15%, compared to 3.52% in first quarter 2023, and 3.31% in second quarter 2022.
  • “The second quarter of 2023 produced solid results for Alpine Bank,” said Alpine Banks of Colorado President and Vice Chairman Glen Jammaron.

Alpine Investors Launches Vertex Service Partners, a Residential Home Improvement Services Platform, Alongside Four Partnership Announcements

Retrieved on: 
Thursday, July 27, 2023

Alpine Investors , a people-driven private equity firm committed to building enduring businesses, today announced the launch of Vertex Service Partners (“Vertex”), its newly formed residential home improvement services platform with a focus on roofing and other exterior services.

Key Points: 
  • Alpine Investors , a people-driven private equity firm committed to building enduring businesses, today announced the launch of Vertex Service Partners (“Vertex”), its newly formed residential home improvement services platform with a focus on roofing and other exterior services.
  • Dennis Elliott joins Vertex as Chief Executive Officer, arriving from Driven Brands, the largest automotive services company in North America.
  • Rogers Roofing: Based in northwest Indiana, Rogers has been providing primarily roof repair and replacement services for over 50 years.
  • “We’re extremely excited to build a world-class ecosystem of leading residential service providers across the United States,” said Dennis Elliott, Chief Executive Officer at Vertex.

Alpine Investors Finalizes Oversubscribed Ninth Fund at Hard Cap of $4.5 Billion in Capital Commitments

Retrieved on: 
Wednesday, July 12, 2023

Alpine Investors (“Alpine”), a Certified B Corp people-driven private equity firm committed to building enduring software and services companies, announced today the completion of fundraising for Alpine Investors IX (“Fund IX”), reaching the fund’s hard cap of $4.5 billion in limited partner capital commitments.

Key Points: 
  • Alpine Investors (“Alpine”), a Certified B Corp people-driven private equity firm committed to building enduring software and services companies, announced today the completion of fundraising for Alpine Investors IX (“Fund IX”), reaching the fund’s hard cap of $4.5 billion in limited partner capital commitments.
  • Fundraising for Fund IX launched with a target of $3.75 billion and was oversubscribed.
  • Fund IX is double the size of Alpine’s previous fund, Alpine Investors VIII, which was similarly oversubscribed and closed at its hard cap of $2.25 billion of limited partner commitments in August 2021.
  • Fund IX received limited partner commitments from a diversified investor base of returning and new investors from the U.S., Europe, Asia, and the Middle East.

WNDR® Alpine Launches Four New Hardgoods Models - Nocturne 88 and Vital 98 Backcountry Skis and Shepherd Solid and Split Snowboards

Retrieved on: 
Monday, July 10, 2023

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20230710480482/en/
    WNDR Alpine adds two new ski shapes to its lineup: the freeride mountaineering-focused Nocturne 88 and the versatile and precise Vital 98.
  • “Materials made with biotechnology are real and available today, and they’ve advanced beyond traditional constructions from a performance and environmental standpoint.
  • Available in solid and split configurations, the Shepherd emphasizes precision and maneuverability for technical riding in the high alpine.
  • WNDR Alpine’s complete lineup includes the Nocturne 88, Vital 98, Intention 108, Reason 120, Shepherd, Shepherd Tour, BelleAire, BelleTour, and Phase Series apparel - available today from www.wndr-alpine.com .

NFT Show Europe 2023 – Valencia, Spain

Retrieved on: 
Monday, July 10, 2023

Valencia, Spain, July 10, 2023 (GLOBE NEWSWIRE) -- NFT Show Europe is around the corner (14th-15th July) so we better get ready for an unparalleled opportunity for intensive networking and access to exclusive events with world class builders. The event will take place at the futuristic venue of The City of Arts and Sciences in Valencia, Spain.

Key Points: 
  • Valencia, Spain, July 10, 2023 (GLOBE NEWSWIRE) -- NFT Show Europe is around the corner (14th-15th July) so we better get ready for an unparalleled opportunity for intensive networking and access to exclusive events with world class builders.
  • The event will take place at the futuristic venue of The City of Arts and Sciences in Valencia, Spain.
  • The VIP Experience | NFT Show Europe
    NFT Show Europe is one of the world leading events on web3, Blockchain, Metaverse and Digital Art.
  • An international meeting point for experts to share their insights on the next era of the internet in a futuristic business-art atmosphere.

Seismology at light speed: how fibre-optic telecommunications cables deliver a close-up view of NZ's Alpine Fault

Retrieved on: 
Friday, June 16, 2023

Painstaking geological research has revealed it produces very large (magnitude 7-8) earthquakes about every 300 years – with the most recent one in 1717.

Key Points: 
  • Painstaking geological research has revealed it produces very large (magnitude 7-8) earthquakes about every 300 years – with the most recent one in 1717.
  • Scientists estimate there’s a 75% chance of a large Alpine Fault earthquake in the next 50 years.
  • Despite the unparalleled quality of the paleo-seismic record of past Alpine Fault earthquakes, the next big earthquake will come without warning.

The Haast DAS experiment

    • A new experiment in Haast, a small, remote community near the coast in South Westland, is using technology called Distributed Acoustic Sensing (DAS).
    • The Haast DAS experiment is a trans-Tasman collaboration between geophysicists from the Australian National University and Victoria University of Wellington Te Herenga Waka.

Fibre-optic seismology

    • Vibrations of the fibre caused by passing seismic waves modulate this scattering and can be detected by recording the scattered light pulses.
    • This produces a staggering volume of data: about 1Gb of new data every minute, or 1Tb of data every day.
    • The density of DAS measurements across the Alpine Fault provides an entirely new way of studying the fault’s internal structure.

Big data provides detailed information

    • High-performance computing and artificial intelligence techniques (AI) are being developed and adapted to these data to enable researchers to recognise and distinguish signals of different origins.
    • Being able to separate out these two types of information is a task well suited to AI.
    • In the future, it is likely AI will help tease apart DAS data to detect otherwise unrecognised signals produced by atmospheric and subterranean processes.

COMPREDICT Revolutionizes Mobility Industry with Cutting-Edge Solutions in the H1st Vision Car at VivaTech 2023

Retrieved on: 
Wednesday, June 14, 2023

DARMSTADT, Germany, June 14, 2023 /PRNewswire/ -- COMPREDICT , a company specializing in AI-based Virtual Sensors for mobility, is delighted to announce its participation at VivaTech 2023 alongside industry-leading partnersfrom Software République and Renault Group. From 14th to 17th of June 2023, VivaTech takes place in Paris, serving as a hub for ground-breaking technological advancements. With its global reach, this event offers an unparalleled opportunity for COMPREDICT to present its Vehicle Predictive Health Solutions at the Software République booth.

Key Points: 
  • From 14th to 17th of June 2023, VivaTech takes place in Paris, serving as a hub for ground-breaking technological advancements.
  • With its global reach, this event offers an unparalleled opportunity for COMPREDICT to present its Vehicle Predictive Health Solutions at the Software République booth.
  • During the exhibition, COMPREDICT will be part of the innovative H1st vision ("Human first vision") mobility concept car and present for the very first time a revolutionary car health certificate, based on its technology of Virtual Sensors.
  • With our contribution to the H1st vision concept car, we demonstrate the potential of Virtual Sensors as an accelerating and enabling technology in monitoring the health state of vehicles.