Elevated railway

L Squared Capital Partners Announces Pending Sale of Elevated to APi Group Corporation

Retrieved on: 
Tuesday, April 16, 2024

L Squared Capital Partners (“L Squared”) announced today that APi Group Corporation (NYSE: APG) (“APi”), a global, market-leading business services provider of life safety, security, and specialty services has entered into a definitive agreement to acquire Elevated Facility Services (“Elevated” or “the Company”), a leading provider of elevator and escalator maintenance, repair, and modernization service.

Key Points: 
  • L Squared Capital Partners (“L Squared”) announced today that APi Group Corporation (NYSE: APG) (“APi”), a global, market-leading business services provider of life safety, security, and specialty services has entered into a definitive agreement to acquire Elevated Facility Services (“Elevated” or “the Company”), a leading provider of elevator and escalator maintenance, repair, and modernization service.
  • The transaction is expected to close in Q2 2024 and is subject to customary closing conditions and the receipt of regulatory approval.
  • “We are grateful for our highly successful partnership with Matt Biskaduros and the entire Elevated leadership team,” said Sean Barrette, Partner at L Squared.
  • This strong organic growth was augmented by L Squared through the execution of an acquisition effort where we completed fifteen add-on acquisitions during our seven-year holding period.

Expansion of Premier Private School Elevates the Educational Landscape of Orange County

Retrieved on: 
Tuesday, April 16, 2024

NORTH TUSTIN, Calif., April 16, 2024 /PRNewswire/ -- Fairmont North Tustin has long been recognized for its exceptional academic outcomes, including its students achieving some of the highest test scores in Orange County, as well as for the emphasis the school places on students' social and emotional well-being. Its well-earned reputation of excellence has led to high demand for a Fairmont education in the surrounding community, which has resulted in long "waitlists," year after year. But those waitlists are about to be a thing of the past. The school recently broke ground on an expansion project that will set the stage for a new era of innovation and growth.

Key Points: 
  • The school recently broke ground on an expansion project that will set the stage for a new era of innovation and growth.
  • "This isn't just an expansion of our physical space; it's an expansion of our potential," said Head of School, Dr. Jennifer Maan.
  • Opened in 1998 as the fourth of Fairmont Schools ' five Orange County campuses, it didn't take long before North Tustin was bursting at the seams.
  • It is Orange County's oldest and largest secular, co-educational preschool-12th grade private school group.

Envestnet Delivers Next-Level Billing Solutions to Intech Through Leading Wealth Management Platform

Retrieved on: 
Thursday, April 11, 2024

BERWYN, Pa., and BOSTON, April 11, 2024 /PRNewswire/ -- Envestnet, Inc. (NYSE: ENV), a leading provider of integrated technology, intelligent data and wealth solutions, today announced that Intech Investment Management LLC (Intech), a specialized global quantitative equity manager, will leverage its innovative suite of billing solutions, including Revenue Manager, which is a holistic and insightful revenue platform built for scalable performance and exclusively for asset managers.

Key Points: 
  • "After becoming a fully independent company in 2022, we realized our legacy billing process was not well tailored for us," said Oscar Paredes, Director, Corporate Accounting, Intech.
  • We needed flexibility because we had a very aggressive onboarding schedule, and Envestnet's Revenue Manager was the perfect fit.
  • Envestnet's Revenue Manager is a comprehensive financial management software designed to streamline revenue processes for financial institutions and wealth management firms.
  • Boston-based Redi2 Technologies, Inc. was acquired by Envestnet in July 2022, creating the industry leading revenue and billing management platform and becoming part of Envestnet's platform of technology, solutions and intelligence; Revenue Manager is one of their legacy solutions.

Elevated Signals Partners with pH7 Technologies to Advance Operational Efficiencies

Retrieved on: 
Monday, April 8, 2024

Elevated Signals Inc. (“Elevated Signals”), a pioneering technology company offering modern manufacturing software, today announced a new strategic partnership with pH7 Technologies (“pH7”), a cleantech innovator in sustainable mining.

Key Points: 
  • Elevated Signals Inc. (“Elevated Signals”), a pioneering technology company offering modern manufacturing software, today announced a new strategic partnership with pH7 Technologies (“pH7”), a cleantech innovator in sustainable mining.
  • Elevated Signals’ Manufacturing Resource Planning (MRP) platform is used by pH7 to capture real-time data and facilitate data-driven analytics.
  • However, these processes are complex and require highly precise inventory tracking—an area where Elevated Signals offers significant value,” said Amar Singh, CEO and co-founder of Elevated Signals.
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    “For fast-growing companies like pH7, the ability to streamline and automate complex processes with ease is key,” Singh added.

Elevated Signals Digitizes North America's First Vertical Hydroponic Greenhouse

Retrieved on: 
Wednesday, March 13, 2024

Elevated Signals Inc. (“Elevated Signals”), a company pioneering modern manufacturing software, announces its successful collaboration with Vertical Harvest, Inc. (“Vertical Harvest”) to power the digital transformation of its vertical farming operations and support its upcoming expansion.

Key Points: 
  • Elevated Signals Inc. (“Elevated Signals”), a company pioneering modern manufacturing software, announces its successful collaboration with Vertical Harvest, Inc. (“Vertical Harvest”) to power the digital transformation of its vertical farming operations and support its upcoming expansion.
  • Vertical Harvest established North America’s first vertical hydroponic greenhouse in 2016 in Jackson Hole, Wyoming.
  • “The vertical farming industry, initially hailed for its potential to revolutionize agriculture, is facing operational and financial challenges,” said Amar Singh, CEO and co-founder of Elevated Signals.
  • “Before Elevated Signals, our data was scattered across multiple spreadsheets, hurting our ability to make more informed inventory planning decisions and financial projections.

RSRV Announces First Hotel Property, The St. Regis Aspen Resort

Retrieved on: 
Thursday, February 29, 2024

RSRV, a hotel ownership platform, launched in collaboration with Elevated Returns , tZERO , and Science Inc. , today announced its first hotel property available on its marketplace is The St. Regis Aspen Resort .

Key Points: 
  • RSRV, a hotel ownership platform, launched in collaboration with Elevated Returns , tZERO , and Science Inc. , today announced its first hotel property available on its marketplace is The St. Regis Aspen Resort .
  • The St. Regis Aspen Resort enabled similar ownership rights through Elevated Returns beginning in 2018.
  • “We are thrilled to welcome the St. Regis Aspen Resort to the RSRV platform and to give investors a unique opportunity to own shares in one of the most coveted hotel resort properties in the world.” said Stephane De Baets, RSRV acting CEO.
  • In 2018, Elevated Returns disrupted the traditional real estate market by offering investors indirect ownership in the St. Regis Aspen Resort.

LG REVEALS NEW SIGNATURE KITCHEN SUITE TRANSITIONAL SERIES AT KBIS 2024

Retrieved on: 
Wednesday, February 21, 2024

SEOUL, South Korea, Feb. 21, 2024 /PRNewswire/ -- LG Electronics (LG) is set to introduce a diverse range of luxurious built-in kitchen packages at the 2024 Kitchen & Bath Industry Show (KBIS), taking place in Las Vegas, USA, from February 27-29. Taking center stage, the company's new Signature Kitchen Suite Transitional Series appliances – including the Combi Wall Oven, Double Wall Oven and Single Oven featuring cutting-edge Gourmet AI™ technology – boast sophisticated design and intelligent functionality.

Key Points: 
  • Joining the existing Professional Series (Traditional) range, the Transitional Series has been created in response to consumers' growing preference for transitional and contemporary kitchen design.
  • Signature Kitchen Suite Transitional Series appliances feature satin stainless steel exteriors with an elegant, velvety matte finish that elevates the kitchen environment.
  • The Signature Kitchen Suite Transitional Series Built-in Kitchen Package on show at KBIS 2024 includes French-Door refrigerators, column refrigerators, column wine refrigerators, dishwashers, wall ovens and more.
  • For more information on Signature Kitchen Suite's new Transitional Series wall oven lineups, visit www.signaturekitchensuite.com .

Elevated Facility Services Unveils Rebranding and New Direction for Growing Company

Retrieved on: 
Monday, October 23, 2023

TAMPA, Fla., Oct. 23, 2023 /PRNewswire/ -- Elevated Facility Services Group (Elevated), a leading provider of elevator and escalator maintenance, repair, and modernization services for all types of buildings, facilities, and properties, today unveiled a new logo to represent its next phase of development.

Key Points: 
  • TAMPA, Fla., Oct. 23, 2023 /PRNewswire/ -- Elevated Facility Services Group (Elevated), a leading provider of elevator and escalator maintenance, repair, and modernization services for all types of buildings, facilities, and properties, today unveiled a new logo to represent its next phase of development.
  • With the new branding comes a revitalized strategic direction for Elevated's operations across the country.
  • Elevated Facility Services Group (Elevated) unveiled a brand to represent its next phase of development.
  • The Elevated brand blends regional accessibility with technical expertise, allowing the company to provide exceptional services and disrupt the underwhelming support reputation of the multinational elevator repair, modernization, and maintenance service providers.

Elevated Access Completes 400 Abortion and Gender-Affirming Care Flights

Retrieved on: 
Tuesday, September 26, 2023

SPRINGFIELD, Ill., Sept. 26, 2023 /PRNewswire/ -- Elevated Access is pleased to announce that it has completed its 400th flight since its founding in April 2022.  Elevated Access, a 501(c)3 non-profit organization, is a volunteer pilot network that has flown passengers over 250,000 miles across the United States to obtain abortion and gender-affirming care.

Key Points: 
  • Elevated Access, a 501(c)3 non-profit organization, is a volunteer pilot network that has flown passengers over 250,000 miles across the United States to obtain abortion and gender-affirming care.
  • Elevated Access accepts referrals from 80+ partner organizations and transports clients for free in small aircraft flown by 1350 volunteer pilots who have expressed an interest in flying for Elevated Access.
  • With requests for both abortion and gender-affirming care flights growing, Elevated Access is delighted to announce the hiring of Jevon Martin as Assistant Director for Gender-Affirming Care.
  • Jevon said: "I am delighted to join Elevated Access at a time when there is a direct threat on our bodies.

Masimo Announces Preliminary Second Quarter 2023 Revenue Results

Retrieved on: 
Monday, July 17, 2023

Masimo Corporation (Nasdaq: MASI) today announced preliminary revenue results for the second quarter ended July 1, 2023.

Key Points: 
  • Masimo Corporation (Nasdaq: MASI) today announced preliminary revenue results for the second quarter ended July 1, 2023.
  • Though the healthcare business made significant market share gains through new contracting in the second quarter, healthcare revenue for the second quarter 2023 was lower than expected due to multiple factors, including the following:
    Large orders that were anticipated for the second quarter were delayed to the second half of the year.
  • Management will share more details on these actions when the company announces complete second quarter 2023 financial results on Tuesday, August 8, 2023.
  • The conference call to review Masimo’s complete second quarter 2023 results will begin at 1:30 p.m. PT (4:30 p.m.