Stargate Project

Instant Brands Provides Update on Sale Process for its Appliance Business

Retrieved on: 
Wednesday, November 8, 2023
Sale, Instant Brands, Wardwell, LLP, Roger-Pol Droit, Stargate Project, AlixPartners, Guggenheim Partners

DOWNERS GROVE, Ill., Nov. 8, 2023 /PRNewswire/ -- Instant Brands (the "Company"), maker of consumer favorites like Instant Pot®, Corelle®, Pyrex®, Snapware®, CorningWare®, Visions® and Chicago Cutlery®, today announced that it has completed the previously announced sale of its appliance business to an affiliate of Centre Lane Partners ("Centre Lane").  

Key Points: 
  • "We are pleased to complete the sale of our appliance business to Centre Lane, who we believe is a great home for our appliance business as well as the employees that support it," said Ben Gadbois, President and CEO of Instant Brands.
  • "We strongly believe that with an adequate capital structure, Instant Brands will be in a much stronger position to support its products and continue to launch new innovative products globally.
  • Finally, we want to thank all of our retail partners and suppliers that have continued to support us during this process."
  • Additional information regarding the Company's court-supervised process is available at Instant Brands' restructuring website, InstantBrandsRestructuring.com.

Argosy Capital Appoints Sherry Gao as Chief Financial Officer and Announces Sarah Roth as Chief Executive Officer

Retrieved on: 
Tuesday, April 25, 2023
Partnership, Accounting, Partner, MatlinPatterson, CFO, Stargate Project, III, Management, Argosy

WAYNE, Pa., April 25, 2023 /PRNewswire/ -- Argosy Capital Group, Inc. ("Argosy"), a lower middle market private investment firm, today announced that Sherry Gao has joined the team as Chief Financial Officer.

Key Points: 
  • WAYNE, Pa., April 25, 2023 /PRNewswire/ -- Argosy Capital Group, Inc. ("Argosy"), a lower middle market private investment firm, today announced that Sherry Gao has joined the team as Chief Financial Officer.
  • Reporting to Sarah Roth, Argosy's Chief Executive Officer, Ms. Gao will lead the firm's finance, accounting, and treasury functions.
  • Ms. Gao joins Argosy from Centre Lane Partners, where she was Chief Financial Officer.
  • "We are pleased to welcome Sherry to Argosy," said Ms. Roth, CEO of Argosy.

Kibo Spins Out Personalization Business Under the Monetate Brand

Retrieved on: 
Friday, October 28, 2022
Software, Internet, Artificial Intelligence, Data Management, Technology, Electronic Commerce, Online Retail, Retail, API, Stargate Project, The ODP Corporation, D2C, Goal, Jelly Belly, Commerce, Organization, Monetate, Software as a service, Kirkland & Ellis, Technology, RBC Capital Markets, Travel, E-commerce, Ace Hardware, Telecommunication, Lufthansa Group, Management control system, Boxing, Ownership, Sale, Solution, Management, Online shopping, Reebok

The new stand-alone personalization entity will be branded Monetate, and Brian Wilson, the current chief operating officer of Kibo, will lead Monetate as its chief executive officer.

Key Points: 
  • The new stand-alone personalization entity will be branded Monetate, and Brian Wilson, the current chief operating officer of Kibo, will lead Monetate as its chief executive officer.
  • With the acquisitions of Monetate and Certona in 2019, Kibo embarked on a strategic effort to integrate the two powerful solutions into a best-in-class personalization platform to complement its commerce business.
  • We are extremely excited to partner with Centre Lane on this next chapter of our journey as a leader in personalization, said Brian Wilson.
  • Monetate has incorporated powerful capabilities from Certona to provide the most comprehensive personalization solution, all within a single platform.

Hildred Capital Management Promotes Kevin Regan to Vice President

Retrieved on: 
Tuesday, July 12, 2022
Banking, Professional Services, Finance, Technology, Economics, LLC, Information technology, Partner, Telecommunication, University, Blackstreet Capital Management, Investment, Software, Stargate Project, William Hildred, Financial services

Hildred Capital Management, LLC (Hildred), a New York based private equity firm, today announced that Kevin Regan has been promoted to Vice President.

Key Points: 
  • Hildred Capital Management, LLC (Hildred), a New York based private equity firm, today announced that Kevin Regan has been promoted to Vice President.
  • We congratulate Kevin on his well-deserved promotion and are excited to see what he accomplishes in his new, expanded role.
  • Mr. Regan joined Hildred from Centre Lane Partners in September 2020 as a Senior Associate.
  • Hildred is a New York-based private equity investment firm that pursues growth equity investments in middle market healthcare companies with leading products, technologies, and services.

Infobase Announces Investment by Northlane Capital Partners

Retrieved on: 
Wednesday, June 15, 2022
Solution, Orientation, Education, NCP, Industry, Librarian, Learning, Technology, CEO, Parent, Macquarie Group, Stargate Project, Student, Growth, K-12, MD, Pleasure, Acquisition, Multimedia, Infobase Publishing

NEW YORK, June 15, 2022 /PRNewswire/ -- Infobase ("Infobase" or the "Company"), a leading provider of cloud-based educational solutions, integrating content, tools, and technology to foster lifelong learning and deliver interactive learning experiences, today announced that it has received a majority investment from Northlane Capital Partners ("NCP").

Key Points: 
  • NEW YORK, June 15, 2022 /PRNewswire/ -- Infobase ("Infobase" or the "Company"), a leading provider of cloud-based educational solutions, integrating content, tools, and technology to foster lifelong learning and deliver interactive learning experiences, today announced that it has received a majority investment from Northlane Capital Partners ("NCP").
  • Since our investment in 2017, Infobase has experienced significant growth under the guidance of Paul and his team.
  • Headquartered in New York, Infobase curates high-value content and uses its software platforms to deliver that content to students, educators, librarians, corporations, and parents.
  • Infobase has more than 160 employees and serves over 7,000 customers in the United States and internationally.

Echo360 Launches New Brand, Expanded Solution Portfolio to Inspire Learning

Retrieved on: 
Monday, April 11, 2022
Trust, Organization, NEW, DNA, Investment, Stargate Project, Software as a service, Program, Conference, Environment, Center for Teaching Excellence, School, Learning, Center, Industry, Feedback, Solution, Chief experience officer, Acquisition, Public relations, Tutoring, Risk management, Management, Southern Illinois University

NEW YORK, April 11, 2022 /PRNewswire/ -- Echo360, the most holistic, global, SaaS-based video learning platform for creating, delivering, and measuring learning engagement outcomes in any learning environment has launched a new brand expression and direction that reflects the company's expanded capabilities to transform learning engagement experiences for individuals and organizations around the world.

Key Points: 
  • NEW YORK, April 11, 2022 /PRNewswire/ -- Echo360, the most holistic, global, SaaS-based video learning platform for creating, delivering, and measuring learning engagement outcomes in any learning environment has launched a new brand expression and direction that reflects the company's expanded capabilities to transform learning engagement experiences for individuals and organizations around the world.
  • In late 2021, Echo360 merged its advanced video recording, streaming and video content management platform with Turning's expansive suite of learning engagement, polling, authoring, assessment, and content solutions.
  • "The new direction and expanded solutions from Echo360 are coming at exactly the right time for instructors looking for a more holistic approach and partner, now and in the future."
  • www.echo360.com
    Centre Lane is a private investment firm focused on making equity and debt, control and non-control, investments in North American middle market companies.

Centre Lane Partners engages Green Project Technologies to track, report and improve their portfolio's ESG data

Retrieved on: 
Monday, January 24, 2022
ESG, Carbon, Data management, Private equity, Private credit, The Green Project, Data collection, Stargate Project, LLC, Data, Partnership

NEW YORK, Jan. 24, 2022 /PRNewswire/ -- Centre Lane Partners, LLC ("Centre Lane") announced today that it has partnered with Green Project Technologies, Inc., a leading ESG data management & reporting platform for private equity firms, to help their portfolio companies track, report, and improve their ESG data.

Key Points: 
  • NEW YORK, Jan. 24, 2022 /PRNewswire/ -- Centre Lane Partners, LLC ("Centre Lane") announced today that it has partnered with Green Project Technologies, Inc., a leading ESG data management & reporting platform for private equity firms, to help their portfolio companies track, report, and improve their ESG data.
  • In addition to enabling Centre Lane's participation in industry-wide ESG reporting initiatives, Green Project's software offering includes target-setting and data exploration tools, which is expected to support Centre Lane's commitment to sustainability.
  • This partnership is expected to enable Centre Lane's portfolio companies to better calculate, report, and take action on improving their ESG data.
  • Green Project Technologies is a SaaS Climate and ESG data management platform based in New York, New York, with a mission to decarbonize the private markets.

Echo360 and Turning Merge to Support Higher Education's Shift to Video and Hybrid Learning

Retrieved on: 
Tuesday, January 11, 2022
Technology, Student, Education, Organization, Growth, Faculty, Learning, Government, Leadership, School, Time, Ecosystem, Software as a service, COVID-19, Environment, Investment, Stargate Project, LLC, LMS, Comprehension, University, Acquisition, Tutoring, Management, Toy

Combining Echo360's advanced video recording, streaming and video content management platform with Turning's expansive suite of learning engagement, authoring, and content solutions delivers the most holistic learning engagement experience for instructors and learners in any environment -- with more analytics, tools, and integrations with leading LMS platforms to ensure learning outcomes are achieved across every segment the combined enterprise now serves. The additional capital from Centre Lane Partners will enable Echo360 to dramatically expand their current offering in response to faculty and market demand. 

Key Points: 
  • Murad Velani, Chief Executive Officer, will lead the combined company, which will operate under the Echo360 brand name.
  • The investment will allow Echo360 to expand its reach geographically and across other core learning markets including K12 education, government, and corporate learning.
  • "Together Echo360 and Turning deliver the scale to be the global leader in learning engagement across every sector, and expands our ability to create equitable, engaged learning for all.
  • Turning's unique suite of student engagement tools combined with the Echo360 platform creates a highly interactive hybrid learning environment that unleashes the instructional power and learning potential of video.

Turning Announces New Chief Sales Officer

Retrieved on: 
Tuesday, September 14, 2021
University College of Management Studies, Knowledge, Education, Investment, Jostens, Knowbility, Stargate Project, Human, Learning, Lead, Leadership, University, Management

NEW YORK, Sept. 14, 2021 /PRNewswire/ -- Turning, the world's premier provider of learning engagement platforms for education, business, and government sectors, announced today thatSteve Killenhas been named its Chief Sales Officer.

Key Points: 
  • NEW YORK, Sept. 14, 2021 /PRNewswire/ -- Turning, the world's premier provider of learning engagement platforms for education, business, and government sectors, announced today thatSteve Killenhas been named its Chief Sales Officer.
  • Killen is a proven sales leader across global markets and sales channels in the corporate and higher education segments.
  • "I'm excited to be joining Turning at pivotal growth trajectory in the company's history," said Killen, Turning CSO.
  • "It's great to haveSteve a part of team Turning," said Murad Velani, Turning's Chief Executive Officer.

Turning Launches Technology Grants Program

Retrieved on: 
Tuesday, September 7, 2021

NEW YORK, Sept. 7, 2021 /PRNewswire/ -- Turning, the world's premier provider of learning engagement platforms and hybrid learning solutions for education, business, and civic sectors, is awarding $25,000 in technology grants to help organizations implement effective hybrid learning practices.

Key Points: 
  • NEW YORK, Sept. 7, 2021 /PRNewswire/ -- Turning, the world's premier provider of learning engagement platforms and hybrid learning solutions for education, business, and civic sectors, is awarding $25,000 in technology grants to help organizations implement effective hybrid learning practices.
  • "Turning has a proven track record of delivering the best hybrid learning solutions to the markets we serve, and this new grant program will help organizations across education, business, and community sectors deliver remarkable learning engagement experiences for both learners and instructors," said Murad Velani, Turning CEO.
  • Turning's T2 grants are based on three key areas of effective hybrid learning: equity, evidence, and engagement.
  • Founded in 2002, Turning is born out of the desire to transform traditional learning into active learning engagement.