Proposition

Archer & Abu Dhabi Investment Office Announce Plan to Launch Archer’s All-Electric Air Taxi Service Across the UAE

Retrieved on: 
Monday, October 16, 2023
Public Transport, Alternative Vehicles, Fuels, Automotive, General Automotive, Air, Engineering, Transport, Aerospace, Manufacturing, Autonomous Driving, Vehicles, Investment, Multimedia, MRO, Certification, NYSE, SAVI, Economic development, Microsoft, Abu Dhabi Investment Office, Georgia Department of Economic Development, ICAO, Proposition, GAL, TWC Aviation, Inc., General Civil Aviation Authority, Mubadala Investment Company, Federal Aviation Administration, Aviation, ACHR, CAAF, Maintenance, FAA, Smart, Center of excellence, GCAA, Dubai Airshow, Economy, Conference, United Arab Emirates, Amusement park, Airline, Midnight, Archery, United Airlines, Boeing, Stellantis

Archer is seeking to work with its global manufacturing partner Stellantis, as well as local partners in the UAE, to build out its aircraft manufacturing capabilities and its Center of Excellence in Abu Dhabi.

Key Points: 
  • Archer is seeking to work with its global manufacturing partner Stellantis, as well as local partners in the UAE, to build out its aircraft manufacturing capabilities and its Center of Excellence in Abu Dhabi.
  • Archer plans to partner closely with ADIO and the Department of Economic Development to bring manufacturing and operations for our air taxis to the region.
  • Today, Archer signed MOUs with Falcon Aviation who will operate its air taxis across Dubai and Abu Dhabi, as well as GAL-AMMROC who will provide MRO support for Archer’s eVTOL aircraft.
  • Archer’s Midnight is a piloted, four-passenger aircraft designed to perform rapid back-to-back flights with minimal charge time between flights.

Human Resources Activity Declines as Private Equity Reacts to Market Conditions

Retrieved on: 
Thursday, July 13, 2023
Professional Services, Environmental, Social and Governance (ESG), Other Professional Services, Data Analytics, Technology, Human Resources, Artificial Intelligence, Artificial intelligence, Business, Proposition, Business intelligence, Investment, Safety, Financial services

Last year, we saw record investment in recruiting by PE firms to bring top talent to companies.

Key Points: 
  • Last year, we saw record investment in recruiting by PE firms to bring top talent to companies.
  • In parallel to this human resources decline, BluWave observed increased strategy, revenue growth and technology-related initiatives in the BluWave Activity Index during Q2.
  • These revelations come from BluWave, the Business Builders’ Network for private equity grade needs.
  • The Nashville-based company released Thursday its Q2 2023 Private Equity Insights Report that reflects trends from the thousands of projects BluWave equips for more than 500 leading private equity firms and their portfolio companies.

Vehicle Management Solutions Acquires Integrity Parking Management

Retrieved on: 
Friday, June 30, 2023
Finance, Fleet Management, Professional Services, Other Automotive, Automotive, VMS, Acquisition, Integrity, Growth, PPI, Proposition, Corporate development, Sales

Vehicle Management Solutions LLC (“VMS”), a portfolio company of Mill Point Capital LLC (“Mill Point”), announced the acquisition of Integrity Parking Management (“Integrity” or the “Company”), a leading light-duty Private Property Impound (“PPI”) company based in Denton, Texas, serving the Dallas-Ft. Worth metropolitan area.

Key Points: 
  • Vehicle Management Solutions LLC (“VMS”), a portfolio company of Mill Point Capital LLC (“Mill Point”), announced the acquisition of Integrity Parking Management (“Integrity” or the “Company”), a leading light-duty Private Property Impound (“PPI”) company based in Denton, Texas, serving the Dallas-Ft. Worth metropolitan area.
  • Integrity’s business model and geographic presence fit seamlessly with VMS’ Dallas operations and the Company will be able to leverage VMS’ storage and auction capabilities to generate additional revenue.
  • Furthermore, VMS will utilize Integrity’s expansive PPI customer base and overall vehicle quality to optimize both volume and efficiency.
  • Ann Chiang, Director of Corporate Development and M&A of VMS, added, “The Integrity acquisition will allow VMS to leverage additional resources to accelerate growth in a market with very favorable industry dynamics.

Expert.ai Launches AI Platform for Life Sciences

Retrieved on: 
Tuesday, May 16, 2023
EBSCO, Drug discovery, Electronic health record, INSERM, Privacy, Interventions, Literature, Clinical trial, Publication, Platform, Machine learning, The New England Journal of Medicine, Sanofi, Medical Subject Headings, Proposition, Health, ROI, Conference, Social media, Geography, Medical device, Pharmaceutical industry

New expert.ai Platform for Life Sciences has been chosen as a "Best of Show" finalist for 2023 Bio-IT Awards;

Key Points: 
  • New expert.ai Platform for Life Sciences has been chosen as a "Best of Show" finalist for 2023 Bio-IT Awards;
    The Platform combines industry language models and AI-based natural language capabilities transforming health and scientific data into insights.
  • BOSTON, May 16, 2023 /PRNewswire/ -- Expert.ai , the industry leader in providing AI-powered language solutions to enterprises, today announced availability of the expert.ai Platform for Life Sciences.
  • Through a hybrid AI approach combining natural language tools, enterprise language models and machine learning, the expert.ai Platform for Life Sciences fundamentally shifts the way unstructured medical and scientific data is monitored, understood, analyzed and collated.
  • The expert.ai Platform for Life Sciences offers an effective way to improve efficiency.

Drift Appoints David Voll as Senior Vice President of Strategy

Retrieved on: 
Tuesday, April 4, 2023
Cloud, Vista Equity Partners, Senior, GPT, Rainforest Foundation Fund, McKinsey & Company, Marketing, Parable of those who associate partners with God, Machine learning, Voll, Flagship, Artificial intelligence, Growth, Proposition, SVP, SGI, Management, Drift

BOSTON, April 4, 2023 /PRNewswire/ -- Drift, the Conversation Cloud company, today announced the appointment of David Voll to its executive leadership team as Senior Vice President (SVP) of Strategy. Voll has already been working with Drift for more than a year as a strategic advisor and key player in the development of the company's strategic growth initiatives (SGIs) and annual operating plan. Moving forward as SVP of Strategy, Voll will partner with the rest of Drift's executive team to define and execute business strategy, including company targets, SGI focus areas, operational infrastructure and delivering its near and long term goals.

Key Points: 
  • Voll Joins Drift from Vista Equity Partners; Leads Creation and Execution of Strategic Growth Initiatives to Further Accelerate Company Growth
    BOSTON, April 4, 2023 /PRNewswire/ -- Drift , the Conversation Cloud company, today announced the appointment of David Voll to its executive leadership team as Senior Vice President (SVP) of Strategy.
  • Moving forward as SVP of Strategy, Voll will partner with the rest of Drift's executive team to define and execute business strategy, including company targets, SGI focus areas, operational infrastructure and delivering its near and long term goals.
  • "I've long admired Drift as a remarkable category creator and for their ability to innovate at an unparalleled pace," said Voll.
  • "David comes to Drift with several years of advisory experience under his belt, and a track record of propelling growth-stage companies to the next level," said Scott Ernst, CEO of Drift.

Susquehanna Growth Equity Announces Global Staff Promotions and New Team Members

Retrieved on: 
Wednesday, February 8, 2023
Professional Services, Finance, Susquehanna, Boston Consulting Group, Proposition, Ernst, Investment, Boston, Consultant, The Co-op Credit Union, SGE, Lucid, Associate, Administrator, Growth, Business development, Video game, Bank

Susquehanna Growth Equity (SGE), a leading growth equity firm, is pleased to announce the following promotions and team additions effective January 1, 2023.

Key Points: 
  • Susquehanna Growth Equity (SGE), a leading growth equity firm, is pleased to announce the following promotions and team additions effective January 1, 2023.
  • “We are delighted to announce the promotions of these talented, conscientious, and productive team members,” said Amir Goldman, Managing Director of SGE.
  • David led the creation of and continues to oversee SGE’s portfolio value creation team which consists of multiple team members focused on talent development, go-to-market, and operational improvements across the Susquehanna portfolio.
  • Max Chautin, Stephen DeBellis, and Casey Schnell joined our Business Development team, and Jody Connolly and Donna Watkins joined our Admin team.

Poets&Quants™ Launches 2nd Annual Entrepreneur Pitch Competition in Partnership with Olin Business School at Washington University of St. Louis

Retrieved on: 
Thursday, January 12, 2023
Entrepreneurship, Partnership, Olin, Washington University in St. Louis, Proposition, BIG, Olin Business School, MBA, Poet, Round 2, Management, Bookbinding, Publishing, Marketing

RALEIGH, N.C., Jan. 12, 2023 /PRNewswire/ -- Poets&Quants, the definitive online publication for business education news, in partnership with Olin Business School at Washington University in St. Louis, the No. 1 business school for entrepreneurship launches the 2nd annual pitch competition for budding entrepreneurs. This competition is open to all current undergraduate and graduate school students or any prospect interested in a graduate business school degree.

Key Points: 
  • 1-ranked MBA program in entrepreneurship for a pitch competition with a $50,000 prize
    RALEIGH, N.C., Jan. 12, 2023 /PRNewswire/ -- Poets&Quants , the definitive online publication for business education news, in partnership with Olin Business School at Washington University in St. Louis, the No.
  • 1 business school for entrepreneurship launches the 2nd annual pitch competition for budding entrepreneurs.
  • This competition is open to all current undergraduate and graduate school students or any prospect interested in a graduate business school degree.
  • "We are thrilled to partner with Olin for this pitch competition," says John A. Byrne, founder and editor-in-chief of Poets&Quants.

HEP Announces New Hire and Promotion

Retrieved on: 
Wednesday, January 4, 2023
Hospital, Ecosystem, Scott, Johns Hopkins University, CIT, CIO, Digital, Proposition, BA, Multimedia, EY, HEP, Investment, Siemens Healthineers, CommonSpirit Health, Phoenix Children's Hospital, Management, Health insurance, Northlane, Accenture

NEW YORK, Jan. 4, 2023 /PRNewswire/ -- Health Enterprise Partners ("HEP"), a healthcare private equity firm, is pleased to announce the hiring of Scott Whyte as Partner, Value Creation and the promotion of David Rauber to Senior Associate.

Key Points: 
  • NEW YORK, Jan. 4, 2023 /PRNewswire/ -- Health Enterprise Partners ("HEP"), a healthcare private equity firm, is pleased to announce the hiring of Scott Whyte as Partner, Value Creation and the promotion of David Rauber to Senior Associate.
  • "We are incredibly fortunate to have recruited someone of Scott's caliber to spearhead this vital function for our firm," said Dave Tamburri, Managing Partner at HEP.
  • Scott Whyte arrives at HEP with over 25 years of experience serving some of the nation's largest life science, provider, payer, and health solutions organizations.
  • HEP seeks to invest in companies that improve the quality of the patient experience, expand access, and reduce the cost of healthcare.

Insurance Department Must Protect Public's Right to Scrutinize Insurance Rate Increases Consumer Watchdog Says in Letter to Commissioner Lara After Abrupt Approval of GEICO Rate Hike

Retrieved on: 
Wednesday, December 7, 2022
California Department of Insurance, Accident, Proposition 103, Hearing, Intervention, Letter, GEICO, Consumer Watchdog, Education, Commissioner, Consultant, Proposition, Surgeon, California Department, Multimedia, Insurance

Major auto insurance companies are now demanding rate increases, even though many have not yet paid refunds to motorists who were overcharged during the pandemic.

Key Points: 
  • Major auto insurance companies are now demanding rate increases, even though many have not yet paid refunds to motorists who were overcharged during the pandemic.
  • The agency's premature approval prohibited Consumer Watchdog from exercising its rights to advocate on behalf of policyholders and forces GEICO customers to pay potentially excessive premiums.
  • Commissioner Lara must step in to protect the public's right to participate in the rate review process," said Daniel L. Sternberg, lead lawyer for Consumer Watchdog in the case.
  • In this case, GEICO, the Department and Consumer Watchdog agreed last week to a schedule for GEICO to provide Consumer Watchdog with the information it requested pursuant to Proposition 103.

Securonix Appoints Nayaki Nayyar to Chief Executive Officer

Retrieved on: 
Monday, December 5, 2022
Data Management, Security, Technology, Other Technology, Software, Networks, Internet, SOAR, Mechanical engineering, Executive, TD, Software, Proposition, Computer science, Data science, Noise, Vista Equity Partners, Neuron, Snowflake, Gartner, Security information and event management, Stanford University, Service management, GTM, University, Artificial intelligence, Senior, Growth, BMC Software, AWS, SAP, Organization, Management, Risk management, SIEM, Ivanti, Automation, Computer security

Securonix, Inc. , a leader in Next-Gen SIEM, UEBA and SOAR, today announced the appointment of Nayaki Nayyar to Chief Executive Officer and member of its Board of Directors, effective immediately.

Key Points: 
  • Securonix, Inc. , a leader in Next-Gen SIEM, UEBA and SOAR, today announced the appointment of Nayaki Nayyar to Chief Executive Officer and member of its Board of Directors, effective immediately.
  • Sachin Nayyar (not related), Founder and former Chief Executive Officer has transitioned to the role of Executive Chairman of the Board of Directors.
  • I am super proud to join Securonix, an exceptionally innovative pioneer that has redefined the SIEM market, has been named a leader in SIEM by Gartner four years in a row and set the standard for cloud-native security analytics and operations, said Nayaki Nayyar, Chief Executive Officer, Securonix.
  • On behalf of the Board of Directors, I am delighted to welcome Nayaki to the Securonix team, said Sachin Nayyar, Executive Chairman, Securonix.