ABRY PARTNERS


Associated tags: Software, Data Management, Professional Services, Insurance, Financial services, Health

Locations: NORTH AMERICA

Franklin Energy Announces Preferred Equity Investment from Invesco

Retrieved on: 
Monday, February 26, 2024

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.

Options Empowers Traders with Deployment of NYSE Chicago Integrated Feed

Retrieved on: 
Wednesday, October 18, 2023

Options Technology , the leading provider of cloud-enabled managed services to the global capital markets, today announced the successful deployment of NYSE Chicago Integrated Feed to the ActivFeed.

Key Points: 
  • Options Technology , the leading provider of cloud-enabled managed services to the global capital markets, today announced the successful deployment of NYSE Chicago Integrated Feed to the ActivFeed.
  • View the full release here: https://www.businesswire.com/news/home/20231018292991/en/
    Options today announced the successful deployment of NYSE Chicago Integrated Feed to the ActivFeed.
  • (Photo: Business Wire)
    NYSE Chicago Integrated Feed is a key component of the esteemed New York Stock Exchange.
  • Danny Moore , President and CEO of Options, commented, “We are delighted to announce our seamless integration with the NYSE Chicago Integrated Feed, further empowering our clients with real-time market data and global connectivity via a single port.

Prime Capital Investment Advisors Forges Strategic Partnership with Abry Partners

Retrieved on: 
Wednesday, July 12, 2023

Prime Capital Investment Advisors (PCIA) proudly announces a new strategic partnership with Abry Partners (Abry), an established private equity firm with a 30-year track record of success in fueling business growth.

Key Points: 
  • Prime Capital Investment Advisors (PCIA) proudly announces a new strategic partnership with Abry Partners (Abry), an established private equity firm with a 30-year track record of success in fueling business growth.
  • "We are thrilled to embark on this partnership with Abry, a respected firm that shares our values,” said Glenn Spencer, CEO of PCIA.
  • As part of the agreement, Abry will acquire an equity interest in PCIA, provide additional investment capital and join the PCIA board.
  • William Blair & Company served as financial advisor to Abry, and Kirkland & Ellis LLP served as legal advisor to Abry.

Recovery Point Systems Announces Jack Dziak as Chief Executive Officer

Retrieved on: 
Thursday, April 13, 2023

Recovery Point Systems, an Abry Partners company and a leader in cloud-based business resilience services based in Germantown, Md., is pleased to announce that Jack Dziak, Executive Chairman of the Board of Directors, has been named Chief Executive Officer effective immediately.

Key Points: 
  • Recovery Point Systems, an Abry Partners company and a leader in cloud-based business resilience services based in Germantown, Md., is pleased to announce that Jack Dziak, Executive Chairman of the Board of Directors, has been named Chief Executive Officer effective immediately.
  • Dziak is a long-time senior technology executive with over 35 years of experience in the enterprise IT, infrastructure, and communications services industries.
  • View the full release here: https://www.businesswire.com/news/home/20230413005146/en/
    Jack Dziak, CEO of Recovery Point Systems (Photo: Business Wire)
    Dziak has served on Recovery Point’s Board of Directors since May and as Executive Chairman since August 2022.
  • “We’re pleased to have Jack leading Recovery Point Systems,” said Brian St. Jean, Partner at Abry Partners and member of the RPS Board of Directors.

illumifin Appoints Blake Bostwick as Chief Operating Officer

Retrieved on: 
Wednesday, March 29, 2023

illumifin, a leading third-party insurance administration and technology provider, is pleased to announce that Blake Bostwick has been appointed as Chief Operating Officer, effective immediately.

Key Points: 
  • illumifin, a leading third-party insurance administration and technology provider, is pleased to announce that Blake Bostwick has been appointed as Chief Operating Officer, effective immediately.
  • As a member of the executive leadership team, he will report to Peter Goldstein, president and CEO of illumifin.
  • Bostwick joins illumifin after a 20-year career at Transamerica, most recently as CEO of Transamerica’s Individual Solutions division, which included life, annuities and long-term care businesses.
  • He also served as enterprise chief operating officer and has held a variety of other leadership roles, including in marketing and technology.

illumifin Names Peter Goldstein as President and CEO

Retrieved on: 
Wednesday, December 21, 2022

GREENVILLE, S.C., Dec. 21, 2022 /PRNewswire/ -- illumifin, a leading third-party insurance administration and technology provider, today announced it has named Peter Goldstein as its new president and chief executive officer, effective immediately.

Key Points: 
  • Former illumifin President Heads Leading Insurance Services and Software Provider in the North American, Life, Health, Long Term Care and Annuity Markets
    GREENVILLE, S.C., Dec. 21, 2022 /PRNewswire/ -- illumifin, a leading third-party insurance administration and technology provider, today announced it has named Peter Goldstein as its new president and chief executive officer, effective immediately.
  • Brent Stone of Abry Partners, said, "As an experienced insurance industry veteran, we welcome Peter in his new role and look forward to him leading illumifin in the next exciting phase for the business."
  • "We have worked closely with Peter since the acquisition of LTCG in his role as President of illumifin.
  • illumifin is a diverse, passionate and empowered team of insurance specialists committed to the growth and success of its customers.

Commercial Fire Protection Platform Better Protection Formed with Majority Investment From Abry Partners

Retrieved on: 
Tuesday, December 20, 2022

CHICAGO, Dec. 20, 2022 /PRNewswire/ -- Better Protection (the "Company"), a commercial fire protection provider servicing fire detection, alarm and suppression systems, today announced its launch as a new company formed by the combination of Chicago-based Assurant Fire Protection, Complete Fire Pump Service, and Xtreme Fire Protection. Combining these three companies establishes Better Protection as a leading fire and life safety business in the Chicagoland area with a full range of installation, inspection, and maintenance capabilities. Better Protection will leverage the combined scale, resources, and technology of the three businesses to grow into the convenient single source of service for our clients.

Key Points: 
  • In connection with today's announcement, Abry Partners, a Boston-based private equity firm, announced it has completed a strategic growth investment in Better Protection.
  • Matt will continue to be a part of the management team of Better Protection.
  • Xtreme Fire Protection was started in 2008 by Jim O'Malley, who will continue to be a part of the Better Protection management team.
  • All of us at Xtreme Fire Protection are extremely excited about joining the Better Protection team.

Dynasty Financial Partners Closes Minority Private Capital Raise to Fuel the Growth of Its Offering to Clients

Retrieved on: 
Friday, December 16, 2022

Dynasty Financial Partners (“Dynasty”) today announced the company has closed a minority private capital raise, adding Abry Partners (“Abry”) and The Charles Schwab Corporation (“Schwab”) as new minority investors.

Key Points: 
  • Dynasty Financial Partners (“Dynasty”) today announced the company has closed a minority private capital raise, adding Abry Partners (“Abry”) and The Charles Schwab Corporation (“Schwab”) as new minority investors.
  • The company also plans to invest in the growth of Dynasty Capital Strategies, making further equity investments in its network of clients and making capital available for inorganic growth.
  • Concurrent with this capital raise, Dynasty has executed minority equity investments in many of its RIA clients.
  • “We are excited to be able to deploy this growth capital on behalf of our clients in newly expanded ways.

Pole Star Announces Robert Skea as New CEO

Retrieved on: 
Thursday, December 8, 2022

LONDON, Dec. 8, 2022 /PRNewswire/ -- Pole Star Space Applications, the global leader in maritime intelligence and technology, today announced the appointment of Robert Skea as its new Chief Executive Officer. In his role, Skea will spearhead the Company's global expansion following last year's successful growth investment.

Key Points: 
  • LONDON, Dec. 8, 2022 /PRNewswire/ --Pole Star Space Applications, the global leader in maritime intelligence and technology, today announced the appointment of Robert Skea as its new Chief Executive Officer.
  • Skea brings to Pole Star a proven track record of translating market insights into executable strategies and building profitable businesses within the analytics, fintech, and software industries.
  • Prior to joining Pole Star, Skea was most recently Chief Executive Officer at Discovery Data, which was sold to ISS Governance in 2021.
  • Chairman of the Board Michael Jankowskisays: "We are pleased to welcome Bob to Pole Star and have him in the CEO role.

Pole Star Announces Robert Skea as New CEO

Retrieved on: 
Thursday, December 8, 2022

LONDON, Dec. 8, 2022 /PRNewswire/ -- Pole Star Space Applications, the global leader in maritime intelligence and technology, today announced the appointment of Robert Skea as its new Chief Executive Officer. In his role, Skea will spearhead the Company's global expansion following last year's successful growth investment.

Key Points: 
  • LONDON, Dec. 8, 2022 /PRNewswire/ --Pole Star Space Applications, the global leader in maritime intelligence and technology, today announced the appointment of Robert Skea as its new Chief Executive Officer.
  • Skea brings to Pole Star a proven track record of translating market insights into executable strategies and building profitable businesses within the analytics, fintech, and software industries.
  • Prior to joining Pole Star, Skea was most recently Chief Executive Officer at Discovery Data, which was sold to ISS Governance in 2021.
  • Chairman of the Board Michael Jankowskisays: "We are pleased to welcome Bob to Pole Star and have him in the CEO role.