PORT WASHINGTON

Franklin Energy Releases 2024 Sustainability Report, Highlighting 30 Years of Impact

Retrieved on: 
Wednesday, May 8, 2024
Sustainability, Social responsibility, CO2, GRI, Hope, GHG, Renewable energy

PORT WASHINGTON, Wis, May 08, 2024 (GLOBE NEWSWIRE) -- Franklin Energy, a leading provider of end-to-end energy management solutions, released today their 2024 Sustainability Report .

Key Points: 
  • PORT WASHINGTON, Wis, May 08, 2024 (GLOBE NEWSWIRE) -- Franklin Energy, a leading provider of end-to-end energy management solutions, released today their 2024 Sustainability Report .
  • The report highlights the organization’s 30 years of impact, including ongoing commitment to environmental stewardship, social responsibility, and ethical business practices.
  • “Our experts, both past and present, are the backbone of what we do, and they make a difference in local communities every day across America,” says Bridgid Lutz, Franklin Energy Director of Sustainability.
  • “This is an opportunity to remain transparent and accountable, while also showcasing the passion and accomplishments of our team.”
    As Franklin Energy marks 30 years of boldly changing our energy future, they also celebrate saving more than 171 million metric tons of CO2 over their 30 years of operations.

Snugg Pro Announces Preferred Provider Partnership with Pearl Certification, Strengthening Industry-Leading Offer for IRA HOMES Programs

Retrieved on: 
Tuesday, April 9, 2024
Certification, IRA, Organization, Partnership, Acquisition, Lighting, Inflation, Sales

“As state energy offices receive $4.3 billion from the HOMES rebate program, this partnership allows us to provide a simplified contractor experience,” said Eric Wall, Franklin Energy Vice President of Technology.

Key Points: 
  • “As state energy offices receive $4.3 billion from the HOMES rebate program, this partnership allows us to provide a simplified contractor experience,” said Eric Wall, Franklin Energy Vice President of Technology.
  • Used by over 2,000 companies in all 50 states, Snugg Pro integrates with utility and government programs directly and through third-party program implementers.
  • While Snugg Pro and Pearl Certification are preferred partners in the HOMES rebate program, the relationship is not exclusive.
  • Both companies welcome alternative integrations and will gladly work with other third-party implementation providers.

Franklin Energy Announces Revolving Credit Facility Maturity Extension and Credit Ratings Upgrade

Retrieved on: 
Tuesday, March 5, 2024
Standard, Jefferies Group, Kirkland & Ellis

PORT WASHINGTON, Wisconsin, March 05, 2024 (GLOBE NEWSWIRE) -- Franklin Energy , one of North America’s largest providers of tech-enabled sustainable energy management solutions and products, announced today that lenders to the company’s revolving credit facility have unanimously approved an 18-month extension to the facility’s maturity to February 2026.

Key Points: 
  • PORT WASHINGTON, Wisconsin, March 05, 2024 (GLOBE NEWSWIRE) -- Franklin Energy , one of North America’s largest providers of tech-enabled sustainable energy management solutions and products, announced today that lenders to the company’s revolving credit facility have unanimously approved an 18-month extension to the facility’s maturity to February 2026.
  • In connection with the previously announced preferred equity investment and the extension of the revolving credit facility, the company received an upgrade to its credit ratings from Standard & Poor’s and Moody’s.
  • Standard & Poor’s raised their issuer credit rating and rating on the company’s first-lien term loan to B- and changed their outlook on the company to Stable.
  • “The credit ratings upgrade and revolver extension underscore the tremendous effort that Franklin Energy continues to put forth, building on our 30-year legacy, strengthening our business and financial position,” said Terry Sobolewski, Franklin Energy CEO.

Franklin Energy Announces Preferred Equity Investment from Invesco

Retrieved on: 
Monday, February 26, 2024
LLP, Growth, Jefferies Group, Kirkland & Ellis, Ecosystem

Port Washington, Wisconsin, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Franklin Energy , one of North America’s largest providers of tech-enabled sustainable energy management solutions and products, announced today a preferred equity investment from Funds Managed by Invesco Senior Secured Management, Inc. (“Invesco”).

Key Points: 
  • Port Washington, Wisconsin, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Franklin Energy , one of North America’s largest providers of tech-enabled sustainable energy management solutions and products, announced today a preferred equity investment from Funds Managed by Invesco Senior Secured Management, Inc. (“Invesco”).
  • Franklin Energy intends to use the proceeds from the initial closing to repay the company’s second lien term loan and revolving credit facility.
  • Under the terms of the agreement, Franklin Energy also has access to additional capital to support investment in the company’s business as well as acquisitions in continued execution of its established growth strategy.
  • “This investment is a tremendous validation of the company’s long-term growth potential and the key role our company plays in the energy transition,” said Terry Sobolewski, Franklin Energy CEO.

Franklin Energy Acquires Snugg Home, Adding Industry-Leading Energy Audit Tool to Technology Suite

Retrieved on: 
Monday, February 5, 2024
Ecosystem, HEAR, Acquisition, IRA, BPI, Software as a service, Energy

PORT WASHINGTON, Wis, Feb. 05, 2024 (GLOBE NEWSWIRE) -- Franklin Energy , a leading provider of energy efficiency and grid optimization solutions and products, announced today the successful acquisition of Snugg Home, a leading software-as-a-service energy efficiency adoption company best known for their Snugg Pro energy audit tool.

Key Points: 
  • PORT WASHINGTON, Wis, Feb. 05, 2024 (GLOBE NEWSWIRE) -- Franklin Energy , a leading provider of energy efficiency and grid optimization solutions and products, announced today the successful acquisition of Snugg Home, a leading software-as-a-service energy efficiency adoption company best known for their Snugg Pro energy audit tool.
  • Snugg Pro is the market's preferred IRA-compliant tool when qualifying households for deep energy-saving improvements and accurately modeling savings.
  • Adding Snugg Pro as a SaaS offering integrated within our ecosystem of services allows us to provide a simplified user experience,” said Sushma Annareddy, Franklin Energy Chief Technology Officer.
  • In joining forces with Snugg Home and integrating Snugg Pro into their technology platform, Franklin Energy solidifies its commitment to providing comprehensive solutions for state energy offices, utility clients, program implementers, contractors, and constituents across the energy ecosystem, advancing the evolution of electrification and decarbonization measures in the ever-changing landscape of clean energy.

SPORTIME Clubs and Hornig Capital Partners Partner to Develop Pickleball Facilities throughout the Northeast, to be Operated Under the Brand SPORTIME Pickleball

Retrieved on: 
Monday, October 2, 2023
Partnership, Food, Tennis, Hornig, John McEnroe Tennis Academy, Gold, Commercial property

NEW YORK, Oct. 2, 2023 /PRNewswire-PRWeb/ -- SPORTIME Clubs and Hornig Capital Partners announced today that they have signed a partnership agreement to establish a new company, SPORTIME Pickleball, LLC, that will develop and operate state-of-the-art, standalone, pickleball facilities in the tri-state area under the SPORTIME brand. The joint venture is a collaboration of SPORTIME Clubs, the largest and most sophisticated operator of racket sports facilities and programs in the Northeast, including the John McEnroe Tennis Academy, and Hornig Capital Partners, a NY-based real estate development company with a track record of success in developing value added properties.

Key Points: 
  • SPORTIME Clubs and Hornig Capital Partners announced today that they have signed a partnership agreement to establish a new company, SPORTIME Pickleball, LLC, that will develop and operate state-of-the-art, standalone, pickleball facilities in the tri-state area under the SPORTIME brand.
  • NEW YORK, Oct. 2, 2023 /PRNewswire-PRWeb/ -- SPORTIME Clubs and Hornig Capital Partners announced today that they have signed a partnership agreement to establish a new company, SPORTIME Pickleball, LLC, that will develop and operate state-of-the-art, standalone, pickleball facilities in the tri-state area under the SPORTIME brand.
  • "Our goal in pickleball, as in tennis, is to develop lifelong and committed players, who choose SPORTIME Pickleball locations to enjoy best-in-class facilities, instructional programs, customer care and amenities.
  • The pickleball boom is bringing more people to the court every day, and SPORTIME Pickleball will be providing high quality facilities and programs for our communities to embrace and enjoy."

Franklin Energy Expands Offering with Acquisition of Evolve Technologies

Retrieved on: 
Wednesday, September 27, 2023
Carbon footprint, AM, Engineering, Partnership, Acquisition, Water, Culture, Renewable energy

CHARLESTON, SC, Sept. 27, 2023 (GLOBE NEWSWIRE) -- AM Conservation , a subsidiary of Franklin Energy , a leading provider of energy efficiency and grid optimization solutions and products, announced today the successful acquisition of Evolve Technologies, a leading provider of innovative patented technologies and products for water and energy conservation.

Key Points: 
  • CHARLESTON, SC, Sept. 27, 2023 (GLOBE NEWSWIRE) -- AM Conservation , a subsidiary of Franklin Energy , a leading provider of energy efficiency and grid optimization solutions and products, announced today the successful acquisition of Evolve Technologies, a leading provider of innovative patented technologies and products for water and energy conservation.
  • “This acquisition allows us to better address market opportunities as we move into a time of accelerated electrification and innovation in saving energy and water,” said Terry Sobolewski, Franklin Energy CEO.
  • “Our values and culture are strongly aligned with Franklin Energy and AM Conservation, and their increased resources will further our mission dedicated to delivering meaningful water, energy, and carbon footprint savings."
  • This acquisition will enable Franklin Energy and AM Conservation to amplify and scale the impact of Evolve's technologies and expertise, benefitting clients and customers alike.

Wedding Tuxedo Return Service Launched by Returns On Demand: Eliminates the Hassle of Tux Rental Returns

Retrieved on: 
Friday, September 22, 2023
Friends, Rod, Lease

Returns on Demand (RoD) today launched a service that picks up and returns tuxedos to their rental location.

Key Points: 
  • Returns on Demand (RoD) today launched a service that picks up and returns tuxedos to their rental location.
  • Available to consumers in select locations nationwide, the RoD Wedding Tuxedo Return Service costs $10 per tuxedo return.
  • With the RoD Wedding Tuxedo Return Service, consumers go to ReturnsonDemand/Tuxedo and schedule their tuxedo return.
  • Currently, the RoD Wedding Tuxedo Return Service is available in Florida, Iowa, Kentucky, Tennessee, Texas and Wisconsin, with more locations coming soon.

Advantage Communications Group Welcomes New COO

Retrieved on: 
Tuesday, May 30, 2023
EVP, Partnership, Acquisition, Presidential Communications Group, Tangoe, Sale, Management

“Eric’s executive pedigree and industry acumen in both customer processes and internal operations make him uniquely suited to play a critical leadership role during a time of explosive growth for Advantage Communications Group,” said Advantage CEO, David Gardner.

Key Points: 
  • “Eric’s executive pedigree and industry acumen in both customer processes and internal operations make him uniquely suited to play a critical leadership role during a time of explosive growth for Advantage Communications Group,” said Advantage CEO, David Gardner.
  • Prior to joining Advantage, Wansong served as Chief Customer Officer for Code42, where he was responsible for all global post-sale operations.
  • In that role, under his leadership ‘time to initial value’ and ‘product use and adoption’ improved significantly, supporting record renewal rates for managed accounts.
  • “Advantage Communications Group has a well-deserved reputation for delivering exceptional results to enterprises worldwide, evidenced by its double-digit growth and expansion across Europe,” said Wansong.

Advantage Communications Group Executives to Speak at Extreme Networks’ User Conference in Berlin: Extreme Connect

Retrieved on: 
Monday, May 8, 2023
IBN, Customer success, Extreme Networks, SD, Conference, Extreme

BERLIN, May 08, 2023 (GLOBE NEWSWIRE) -- via IBN -- – Advantage Communications Group (Advantage) today announced that David Gardner and Hugo Holmes, CEO and Director of EMEA, respectively, will be speaking at Extreme Connect 2023, Extreme Networks’ User Conference, taking place May 8-11, 2023, in Berlin, Germany.

Key Points: 
  • BERLIN, May 08, 2023 (GLOBE NEWSWIRE) -- via IBN -- – Advantage Communications Group (Advantage) today announced that David Gardner and Hugo Holmes, CEO and Director of EMEA, respectively, will be speaking at Extreme Connect 2023, Extreme Networks’ User Conference, taking place May 8-11, 2023, in Berlin, Germany.
  • Extreme Connect is a three-day event that convenes a unique mix of customers, industry experts and Extreme leaders, providing a unique forum and exclusive access to experts and experiences that transform network operations.
  • This innovative collaboration enables Extreme customers to simplify their infrastructure lifecycle and centralize inventory and expenses.
  • “We are excited to participate in Extreme Connect and expand our presence across Extreme Networks global ecosystem.”