KM

Exterro Completes Significant Strategic Recapitalization in Excess of $1 Billion

Retrieved on: 
Tuesday, July 26, 2022

As part of the recapitalization, Leeds Equity has made a significant new equity commitment from its latest flagship fund, Leeds Equity Partners VII, L.P., alongside the continuation vehicle and management.

Key Points: 
  • As part of the recapitalization, Leeds Equity has made a significant new equity commitment from its latest flagship fund, Leeds Equity Partners VII, L.P., alongside the continuation vehicle and management.
  • Since Leeds Equitys initial investment in 2018, Exterro has more than quadrupled its revenue, and now serves more than 3,000 customers across the world.
  • It has also included significant R&D investments in e-discovery, privacy, digital forensics, and incident management as well as investments in the Exterro team.
  • The firm was founded in 1993 and has managed over $4.5 billion of capital across a broad spectrum of companies within the Knowledge Industries.

Exterro Completes Significant Strategic Recapitalization in Excess of $1 Billion

Retrieved on: 
Tuesday, July 26, 2022

PORTLAND, Ore., July 26, 2022 /PRNewswire/ -- Exterro, Inc., a portfolio company of Leeds Equity Partners ("Leeds Equity"), announced today that it has completed a strategic recapitalization and secured additional committed equity capital as part of a continuation vehicle transaction valuing Exterro at more than $1 billion (USD). With the support of a group of leading global institutional investors co-led by Coller Capital and Glendower Capital, this transaction will enable Exterro to devote more resources to the growth of its Legal GRC portfolio of products through M&A and product development.  Exterro will continue to develop new initiatives for law firms and service providers, drive accelerated growth of its digital forensics product set and reinvest in its first-class global Training Academy, as it delivers new products to new geographies.  As part of the recapitalization, Leeds Equity has made a significant new equity commitment from its latest flagship fund, Leeds Equity Partners VII, L.P., alongside the continuation vehicle and management.

Key Points: 
  • As part of the recapitalization, Leeds Equity has made a significant new equity commitment from its latest flagship fund, Leeds Equity Partners VII, L.P., alongside the continuation vehicle and management.
  • Since Leeds Equity's initial investment in 2018, Exterro has more than quadrupled its revenue, and now serves more than 3,000 customers across the world.
  • It has also included significant R&D investments in e-discovery, privacy, digital forensics, and incident management as well as investments in the Exterro team.
  • The firm was founded in 1993 and has managed over $4.5 billion of capital across a broad spectrum of companies within the Knowledge Industries.

eGain named a KMWorld AI 50 Company

Retrieved on: 
Thursday, July 21, 2022

SUNNYVALE, Calif., July 21, 2022 (GLOBE NEWSWIRE) -- eGain Corporation (NASDAQ: EGAN ), a leading cloud platform provider for customer engagement automation, today announced that it has again been named to the 2022 KMWorld AI 50: The Companies Empowering Intelligent Knowledge Management list.

Key Points: 
  • SUNNYVALE, Calif., July 21, 2022 (GLOBE NEWSWIRE) -- eGain Corporation (NASDAQ: EGAN ), a leading cloud platform provider for customer engagement automation, today announced that it has again been named to the 2022 KMWorld AI 50: The Companies Empowering Intelligent Knowledge Management list.
  • We are honored to be selected as an AI 50 company again by KM World.
  • KMWorld AI 50 announcement and list: https://www.kmworld.com/Articles/ReadArticle.aspx?ArticleID=153524
    Infused with AI, our knowledge-powered software automates digital-first experiences for enterprises and government agencies.
  • eGain, the eGain logo, and all other eGain product names and slogans are trademarks or registered trademarks of eGain Corp. in the United States and/or other countries.

MHIENG's First Compact CO2 Capture System Goes into Commercial Operation at Biomass Power Plant in Hiroshima

Retrieved on: 
Thursday, June 30, 2022

It is the first system of its kind to go into commercial operation.

Key Points: 
  • It is the first system of its kind to go into commercial operation.
  • Seifu Shinto biomass power plant (photo courtesy of Taihei Dengyo Kaisha, Ltd.)
    The compact CO2 capture system was installed at a 7-megawatt (MW) class biomass power plant operated by Taihei Dengyo in Seifu Shinto, a suburb of Hiroshima City.
  • By fully consuming all captured CO2 at its carbon-negative power plant, Taihei Dengyo looks to help prevent global warming and promote a decarbonized society.
  • The biomass power plant where the system was installed was delivered by Mitsubishi Heavy Industries Power IDS, Ltd. in October 2019.

Kylian Mbappé joins forces with Sorare as investor, social impact partner and ambassador

Retrieved on: 
Wednesday, June 29, 2022

Kylian Mbapp is Sorare's first player ambassador of this kind, and the deal represents the player's first entry into the Web3 space.

Key Points: 
  • Kylian Mbapp is Sorare's first player ambassador of this kind, and the deal represents the player's first entry into the Web3 space.
  • The partnership will see Sorare support Kylian Mbapp's philanthropic venture, Inspired By KM (IBKM) to help disadvantaged young people learn about the opportunities presented by Web3 technology.
  • I can't wait to get started and make a global impact with them as their first-ever player ambassador," said Kylian Mbapp.
  • Kylian Mbapp joins Sorare during a time of rapid expansion and organic growth, with the company recently closing its first league partnership outside of football with Major League Baseball .

Kylian Mbappé joins forces with Sorare as investor, social impact partner and ambassador

Retrieved on: 
Wednesday, June 29, 2022

Kylian Mbapp is Sorare's first player ambassador of this kind, and the deal represents the player's first entry into the Web3 space.

Key Points: 
  • Kylian Mbapp is Sorare's first player ambassador of this kind, and the deal represents the player's first entry into the Web3 space.
  • The partnership will see Sorare support Kylian Mbapp's philanthropic venture, Inspired By KM (IBKM) to help disadvantaged young people learn about the opportunities presented by Web3 technology.
  • I can't wait to get started and make a global impact with them as their first-ever player ambassador," said Kylian Mbapp.
  • Kylian Mbapp joins Sorare during a time of rapid expansion and organic growth, with the company recently closing its first league partnership outside of football with Major League Baseball .

Capital Power advances carbon capture project at Genesee

Retrieved on: 
Monday, June 27, 2022

EDMONTON, Alberta, June 27, 2022 (GLOBE NEWSWIRE) -- Capital Power Corporation (TSX: CPX) (“Capital Power”) has partnered with Mitsubishi Heavy Industries Group (“MHI Group”) and Kiewit Energy Group (“Kiewit”) on a front-end engineering and design (FEED) study for the Genesee CCS Project (the “Project”), advancing the commercial application of carbon capture and sequestration (“CCS”) technology at its Genesee Generating Station in Alberta.

Key Points: 
  • EDMONTON, Alberta, June 27, 2022 (GLOBE NEWSWIRE) -- Capital Power Corporation (TSX: CPX) (Capital Power) has partnered with Mitsubishi Heavy Industries Group (MHI Group) and Kiewit Energy Group (Kiewit) on a front-end engineering and design (FEED) study for the Genesee CCS Project (the Project), advancing the commercial application of carbon capture and sequestration (CCS) technology at its Genesee Generating Station in Alberta.
  • Were excited to collaborate with MHI Group and Kiewit to advance our Genesee CCS Project, said Steve Owens, SVP, Construction and Engineering for Capital Power.
  • The Project is expected to capture 95% of the CO2 emitted from our repowered, best-in-class Genesee 1 and 2 natural gas units.
  • Capital Power has selected MHI Group as the technology licensor for the FEED study to deploy their proven Advanced KM CDR ProcessTM as the basis for the carbon capture technology.

MIC Global Commences Underwriting at Lloyd's Through Syndicate 5183

Retrieved on: 
Wednesday, June 22, 2022

NEW YORK, June 22, 2022 /PRNewswire/ -- MIC Global announces today that it has received approval for Lloyd's Syndicate 5183 to commence underwriting, effective immediately.

Key Points: 
  • NEW YORK, June 22, 2022 /PRNewswire/ -- MIC Global announces today that it has received approval for Lloyd's Syndicate 5183 to commence underwriting, effective immediately.
  • Syndicate 5183 will be managed by Asta through Lloyd's syndicate in a box (SIAB) platform.
  • Syndicate 5183 further cements MIC Global as an international leader in providing embedded insurance solutions to platform companies a position which is further strengthened by the appointment of Erik Johnson as Senior Underwriting Manager in support of its objectives.
  • Harry Croydon, CEO and Founder of MIC Global, said:
    "As a syndicate of Lloyd's, MIC Global can now offer companies highly rated, relevant, and affordable insurance products which can easily be embedded into their existing digital processes.

MIC Global Commences Underwriting at Lloyd's Through Syndicate 5183

Retrieved on: 
Wednesday, June 22, 2022

NEW YORK, June 22, 2022 /PRNewswire/ -- MIC Global announces today that it has received approval for Lloyd's Syndicate 5183 to commence underwriting, effective immediately.

Key Points: 
  • NEW YORK, June 22, 2022 /PRNewswire/ -- MIC Global announces today that it has received approval for Lloyd's Syndicate 5183 to commence underwriting, effective immediately.
  • Syndicate 5183 will be managed by Asta through Lloyd's syndicate in a box (SIAB) platform.
  • Syndicate 5183 further cements MIC Global as an international leader in providing embedded insurance solutions to platform companies a position which is further strengthened by the appointment of Erik Johnson as Senior Underwriting Manager in support of its objectives.
  • Harry Croydon, CEO and Founder of MIC Global, said:
    "As a syndicate of Lloyd's, MIC Global can now offer companies highly rated, relevant, and affordable insurance products which can easily be embedded into their existing digital processes.

MHIENG to License Carbon Capture Technology for Natural Gas Plant in Italy

Retrieved on: 
Monday, April 25, 2022

The phase 1 of the project targets the capture of approximately 25,000 tons of CO2 per year from the turbo compressor exhaust operating at Eni's natural gas plant located in Casalborsetti (Ravenna), in Northeast Italy.

Key Points: 
  • The phase 1 of the project targets the capture of approximately 25,000 tons of CO2 per year from the turbo compressor exhaust operating at Eni's natural gas plant located in Casalborsetti (Ravenna), in Northeast Italy.
  • MHIENG will provide its carbon capture technology through NextChem S.p.A., green chemistry-dedicated subsidiary of Marie Tecnimont Group, a leading Italian engineering company engaged in the transformation of natural resource as well as in industrializing technologies to support the energy transition.
  • The new agreement marks MHIENG's first provision of its carbon capture technology to Italy and has extreme significance in terms of enhancing its presence in Europe.
  • Going forward, MHIENG will continue to contribute toward reducing greenhouse gas emissions on a global scale by promoting broad adoption of high-performance CO2 capture technology worldwide.