Rainforest Foundation Fund

Trimble Partners with HALO Trust for Landmine Clearance in Ukraine

Retrieved on: 
Monday, November 6, 2023

WESTMINSTER, Colo., Nov. 6, 2023 /PRNewswire/ -- Trimble (NASDAQ: TRMB) and the Trimble Foundation Fund have partnered with The HALO Trust, the world's largest landmine-clearing non-profit organization, to help expand its demining operations across Ukraine. The Foundation Fund directed grant focuses on strengthening the HALO Trust's capacity to locate and remove landmines, unexploded ordnance, and other explosive hazards from civilian areas to create safer communities.

Key Points: 
  • WESTMINSTER, Colo., Nov. 6, 2023 /PRNewswire/ -- Trimble (NASDAQ: TRMB) and the Trimble Foundation Fund have partnered with The HALO Trust, the world's largest landmine-clearing non-profit organization, to help expand its demining operations across Ukraine.
  • A new deployment of 255 high-precision Trimble DA2 GNSS receivers with Trimble Catalyst™ corrections service has been provided to HALO by Trimble's Geospatial and Positioning Services businesses.
  • Only then can families rebuild their lives and walk without fear," said Chris Whatley, executive director of The HALO Trust USA.
  • Supporting the HALO Trust's important and impactful work helps the people of Ukraine and other countries worldwide recover and rebuild after conflict."

TRG Screen Announces Strategic Growth Investment from Vista Equity Partners

Retrieved on: 
Tuesday, October 3, 2023

NEW YORK, Oct. 3, 2023 /PRNewswire/ -- TRG Screen, the leading provider of enterprise subscription spend and usage management software, today announced a strategic growth investment from Vista Equity Partners ("Vista"), a leading global investment firm focused exclusively on enterprise software, data, and technology-enabled businesses. TRG Screen will use the capital to accelerate product innovation, talent, and go-to-market functions to meet the growing demand for transparency, compliance, and control of market data and information consumption.

Key Points: 
  • Partnership with Vista reinforces TRG Screen's leadership in enterprise subscription spend and usage management; capital will accelerate growth initiatives to address an increasingly complex market data and information environment
    NEW YORK, Oct. 3, 2023 /PRNewswire/ -- TRG Screen , the leading provider of enterprise subscription spend and usage management software, today announced a strategic growth investment from Vista Equity Partners ("Vista"), a leading global investment firm focused exclusively on enterprise software, data, and technology-enabled businesses.
  • TRG Screen also announced that Leigh Walters has been appointed Chief Executive Officer.
  • Walters, who will succeed Steve Matthews, has previously served as both President and Chief Operating Officer of TRG Screen since joining in 2017.
  • He will continue to partner with Leigh and the company's executive team in driving strategic growth.

The Sterling Group Foundation Fund Launches New Platform, Compost360

Retrieved on: 
Wednesday, August 2, 2023

DALLAS, Aug. 2, 2023 /PRNewswire/ -- The Sterling Group, an operationally focused middle market private equity firm, today announced the formation of Compost360, a new platform focused on building a leading processor of organic waste material and producer of high quality, sustainable landscaping products. Sterling is partnering with two industry executives, Steve Carn and Randy Arnold, who will serve as CEO and COO of the Compost360 platform.

Key Points: 
  • Sterling is partnering with two industry executives, Steve Carn and Randy Arnold, who will serve as CEO and COO of the Compost360 platform.
  • "We look forward to partnering with Steve Carn and Randy Arnold to build the Compost360 platform, each of whom has decades of experience in the municipal solid waste industry," said Lucas Cutler, Partner of The Sterling Group Foundation Fund.
  • Compost360 is a portfolio company of The Sterling Group Foundation Fund.
  • The Foundation Fund aims to leverage the firm's operational capabilities and experience in the industrial sector to "set the foundation" for growth at lower middle market companies.

The Sterling Group Foundation Fund Launches New Platform, Premier Tire & Service

Retrieved on: 
Thursday, May 18, 2023

DALLAS, May 18, 2023 /PRNewswire/ -- The Sterling Group, an operationally focused middle market private equity firm, announced the establishment of Premier Tire & Service ("Premier"), a new platform formed to build a leading, one-stop tire and auto service solutions provider.

Key Points: 
  • DALLAS, May 18, 2023 /PRNewswire/ -- The Sterling Group, an operationally focused middle market private equity firm, announced the establishment of Premier Tire & Service ("Premier"), a new platform formed to build a leading, one-stop tire and auto service solutions provider.
  • Lucas Cutler, Partner of The Sterling Group Foundation Fund, and other team members have deep experience in the auto aftermarket sector.
  • Premier will seek to acquire independent tire and retail service locations with customer-focused service models in various markets across the country.
  • Premier is a portfolio company of The Sterling Group Foundation Fund.

Drift Appoints David Voll as Senior Vice President of Strategy

Retrieved on: 
Tuesday, April 4, 2023

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.

Alan Cline Joins Hg as Head of North America

Retrieved on: 
Wednesday, February 1, 2023

Hg, a leading software and services investor, today announces that Alan Cline will join the leadership team at Hg as Head of North America, to lead our activity across the USA and Canada.

Key Points: 
  • Hg, a leading software and services investor, today announces that Alan Cline will join the leadership team at Hg as Head of North America, to lead our activity across the USA and Canada.
  • Alan will join the senior leadership team of Hg and share firm management responsibilities as part of an important evolution of the business.
  • Matthew Brockman, Managing Partner at Hg, said: “We are delighted that Alan is joining our firm.
  • From great foundations, I look forward to building these capabilities in USA and Canada and to further defining Hg as an industry leading firm.”

Clinical Evaluation of Aptinyx's NYX-783 for Treatment of Opioid Use Disorder to Be Funded by $5.6 Million NIH Grant

Retrieved on: 
Thursday, November 3, 2022

NYX-783 is an NMDA receptor positive allosteric modulator also in Phase 2b development by Aptinyx for the treatment of post-traumatic stress disorder (PTSD).

Key Points: 
  • NYX-783 is an NMDA receptor positive allosteric modulator also in Phase 2b development by Aptinyx for the treatment of post-traumatic stress disorder (PTSD).
  • Additional preclinical research has demonstrated NYX-783s potential as a treatment option for the millions of people struggling with opioid use disorder.
  • We are pleased to continue our collaboration with Aptinyx for the evaluation of NYX-783 for the treatment of OUD, said Dr. DiLeone.
  • The company has multiple product candidates in clinical development in central nervous system indications, including cognitive impairment, post-traumatic stress disorder, and opioid use disorder.

Austin Russell and Central Florida Foundation Announce $1.5 Million Commitment to Hurricane Relief in Central Florida

Retrieved on: 
Monday, October 10, 2022

ORLANDO, Fla., Oct. 10, 2022 /PRNewswire/ --Central Florida Foundation (CFF) and Austin Russell will commit $1.5 million to local hurricane recovery through charitable Fund established in 2021 by the technology leader.

Key Points: 
  • ORLANDO, Fla., Oct. 10, 2022 /PRNewswire/ --Central Florida Foundation (CFF) and Austin Russell will commit $1.5 million to local hurricane recovery through charitable Fund established in 2021 by the technology leader.
  • Central Florida Foundation and Austin Russell will commit $1.5 million to local hurricane recovery.
  • "Hurricane Ian has had an immeasurable impact to the state, and Central Florida was not immune," said Russell.
  • Central Florida saw record-breaking flooding in the aftermath of Hurricane Ian, creating logistical challenges and having adverse impacts on hundreds of thousands of residents.

BetterCloud Announces Strategic Growth Investment from Vista Equity Partners

Retrieved on: 
Thursday, June 9, 2022

NEW YORK, June 9, 2022 /PRNewswire/ -- BetterCloud, the leading SaaS Management Platform provider, today announced a strategic growth investment from Vista Equity Partners ("Vista"), a leading global investment firm focused exclusively on enterprise software, data and technology-enabled businesses. The partnership will enable BetterCloud to continue to accelerate growth and product innovation, expand into new geographic markets and continue to build best-in-class capabilities for its global customer base. BetterCloud's existing investors, including Accel, Bain Capital Ventures, Warburg Pincus and others, will continue as minority investors.

Key Points: 
  • NEW YORK, June 9, 2022 /PRNewswire/ -- BetterCloud , the leading SaaS Management Platform provider, today announced a strategic growth investment from Vista Equity Partners ("Vista"), a leading global investment firm focused exclusively on enterprise software, data and technology-enabled businesses.
  • Founded in 2011, BetterCloud was designed to help IT teams manage every aspect of a company's SaaS application stack.
  • Vista is a leading global investment firm with more than $93 billion in assets under management as of December 31, 2021.
  • Follow Vista on LinkedIn, @Vista Equity Partners , and on Twitter, @Vista_Equity .

FrogeX Pioneers a New "Eco-DeFi" Crypto-Category with Advanced Smart Contract Funding

Retrieved on: 
Thursday, May 19, 2022

DeFi focuses on convenience and efficiency of peer-to-peer transactions, with the added benefit of smart contracts that live on the blockchain.

Key Points: 
  • DeFi focuses on convenience and efficiency of peer-to-peer transactions, with the added benefit of smart contracts that live on the blockchain.
  • FrogeX, a project that pioneers a new Eco-Defi crypto-category, is an example of such a project.
  • Its decentralized smart announcement platform enables its users to save, borrow and insure their assets based on their rules.
  • FrogeX pioneers a new "Eco-DeFi" crypto-category with advanced smart contract investment tasks to stop deforestation while traders earn dividends.