Category: Press Releases

MADRID, Spain, Aug. 16, 2023 (GLOBE NEWSWIRE) — A groundbreaking transformation has emerged in the realm of fresh, healthy, and natural foods as AMFRESH Group, in partnership with EQT Future and Paine Schwartz Partners, proudly announces the successful acquisition of 100% of IFG, a global expert in table grape and cherry breeding. This momentous milestone has catalyzed the merger with AMFRESH’s SNFL Group, an industry leader in table grape genetics, paving the way for the birth of an extraordinary global breeding entity: BLOOM FRESH International.

In a world that increasingly demands healthier, more informed food choices, BLOOM is poised to revolutionize the landscape of fresh produce with innovation and expertise that respond to this evolving consumer paradigm. The combined strength and heritage of both companies, now under the BLOOM banner, will accelerate traditional fruit varietal breeding to create an unprecedented dynamic agri-tech platform driving advancements in taste, nutrition, sustainability, and global accessibility.

Harnessing the Power of Breeding Excellence

Marking a historic milestone, AMFRESH Group, EQT Future and Paine Schwartz Partners successfully complete the acquisition of International Fruit Genetics, merging it into SNFL Group to establish BLOOM FRESH International as a consolidated breeding powerhouse.

Alvaro Muñoz, AMFRESH’s Chief Executive Officer, exclaims, “Today signifies a pivotal moment, uniting two global breeding forces. Our journey transforms competition into collaboration, uniting our stakeholders. Our goal remains steadfast: to serve our growers, retailers, and consumers with excellence, backed by an unwavering commitment to innovation and sustainability. We stand united, stronger than ever before, as a singular global breeding innovation company. BLOOM embodies a pinnacle of innovation, offering enhanced global capabilities, expanded reach, and elevated breeding expertise. Our goal at AMFRESH and BLOOM is to excite consumers worldwide with superior eating, tasting and nutritional produce that shall increase demand and market size for sustainably produced and improved natural fresh foods. The advantages of aligning our newly formed genetic powerhouse BLOOM in table grapes and cherries with AMFRESH’s Citrus and Tropical genetic platform GENESIS INNOVATION shall be an attractive platform for all our partners worldwide.”

By cultivating superior varieties that cater to health-conscious consumers worldwide while simultaneously minimizing the footprint on the planet, BLOOM pioneers a path toward a brighter future by nurturing the Earth’s resources – saving water, curbing the need for excessive phytosanitary products and excessive land use while fervently embracing sustainable practices.

BLOOM: Pioneering Innovation in Agri-Tech

The newly formed BLOOM represents a bold commitment to enhancing the lives of consumers across the globe by cultivating a spectrum of healthier, more sustainable and flavorful fruit offerings. Harnessing the synergy of traditional breeding practices and cutting-edge agri-tech possibilities, BLOOM will transcend boundaries in fruit breeding to deliver unparalleled quality and taste. At its core, BLOOM’s commitment transcends taste, aligning with the optimization of consumer health and the conservation of the planet’s resources. Simultaneously enhancing customer-centric varieties while reducing resource consumption, BLOOM personifies nourishment for individuals and the environment alike.

As the newly appointed Chief Executive Officer of BLOOM, Kenneth Avery shares his enthusiasm for this metamorphic journey, stating, “I am incredibly honored to step into this leadership role for BLOOM. The future is ripe with opportunity, and I am genuinely excited about the transformative impact we will have on the industry. Together, we will drive innovation as we cultivate a new era of flavors, nutritional benefits, and sustainable practices that resonate far beyond the farm.”

Embracing a Sustainable Future

EQT Future’s strategic investment in BLOOM echoes its commitment to fostering industries that champion positive change. By aligning with BLOOM’s mission to enhance agricultural productivity, EQT Future is contributing to a more sustainable and resource-conscious future. Carl Johan Renström, Partner within EQT Future’s Advisory Team expresses his excitement, “We are thrilled to have the opportunity to support BLOOM, an innovative breeding company that is at the forefront of fruit breeding. We hope the partnership will accelerate BLOOM’s growth while potentially also shaping the wider fruit industry for the better.”

Empowering Growers Globally through Innovation and Expertise

BLOOM emerges as a game-changer for growers on a global scale and heralds an era of innovation and progress. The robust breeding platform invests heavily in cutting-edge technologies, sustainable practices, and advanced farming techniques, resource-efficient, high-yield cultivars. BLOOM ensures improved grower economics and creates a quantum leap towards a greener, more prosperous future. Growers will have access to cultivated expertise, empowering them to thrive in an increasingly dynamic environment. BLOOM champions the cause of grower success, offering a robust platform, resource-efficient cultivars, and a commitment to innovation that will shape a brighter tomorrow for growers worldwide.

A Synergy of Genetic Prowess and Agri-Tech Mastery

BLOOM boasts a robust global footprint across 22 countries, exemplifying its commitment to driving global breeding innovation. The culmination of this transformation together with in-depth details of BLOOM’s global team structure and strategic priorities will be showcased at Fruit Attraction in Madrid, Spain this October, where BLOOM will unveil its revolutionary contributions to the world of fresh produce.

AMFRESH is the controlling shareholder of BLOOM, with significant minority investment from EQT Future and continued investment from Paine Schwartz Partners. BLOOM and the consortium were advised by Morrison Foerster, Allen & Overy, Pérez Llorca, PriceWaterhouseCoopers and Dentons UK, representing the caliber and dedication of partners involved in this monumental endeavor.

About AMFRESH Group
AMFRESH Group is a global fresh food company focused on spearheading varietal innovation, agriscience and biotechnology, extensive farming and global commercialization of Citrus, Table Grapes, Tropical & Superfoods, Plant-Based Foods, Top-fruit, and Flowers at scale. Equipped with over 90 years of expertise, AMFRESH Group is privately held, present in over 60 countries with 6,200 employees with a passion and commitment to innovate, it operates as an end-to-end vertically integrated model to serve the top retailers worldwide. For more information, please visit www.amfresh.com.

About BLOOM FRESH International Limited
BLOOM FRESH International is the world’s largest premium fruit-breeding company, created by the merger of SNFL Group (Special New Fruit Licensing) and International Fruit Genetics, LLC (IFG). With 45 years of combined experience, BLOOM uses natural breeding techniques to develop new table grape, raisin, and cherry varieties for customers worldwide. BLOOM will advance the produce industry by bringing forward varieties with improved eating characteristics and long-term sustainable crop production for growers.

About EQT
EQT is a purpose-driven global investment organization focused on active ownership strategies. With a Nordic heritage and a global mindset, EQT has a track record of almost three decades of developing companies across multiple geographies, sectors and strategies. EQT has investment strategies covering all phases of a business’ development, from start-up to maturity. EQT works with portfolio companies to achieve sustainable growth, operational excellence, and market leadership. EQT today has EUR 126 billion in fee-generating assets under management, within two business segments – Private Capital and Real Assets. More info: www.eqtgroup.com. Follow EQT on LinkedIn, Twitter, YouTube and Instagram.

About Paine Schwartz Partners 
A global leader in sustainable food chain investing, Paine Schwartz Partners is a private equity firm focused exclusively on investment opportunities in the fast-growing, dynamic global food and agribusiness sectors. The firm’s investment, operations and finance professionals invest throughout cycles across the food and agribusiness value chain and bring a collaborative and active management approach to portfolio companies. For further information, please see www.paineschwartz.com.

Contacts
AMFRESH Group and BLOOM FRESH International: patricia.sagarminaga@amfresh.com, Patricia Sagarminaga +34 669161941
EQT Press Office: press@eqtpartners.com +46 8 506 55 334
Paine Schwartz Partners: Andy Brimmer / Aaron Palash. Joele Frank, Wilkinson Brimmer Katcher, +1 212 355 4449

2023 BLOOM FRESH International. All rights reserved. BLOOM and the BLOOM logo are registered trademarks of BLOOM FRESH International, part of AMFRESH Group.

GlobeNewswire Distribution ID 8895426

NEW YORK, Aug. 15, 2023 (GLOBE NEWSWIRE) — Vahanna Tech Edge Acquisition I Corp. (Nasdaq: VHNAU, VHNA, VHNAW) (“Vahanna”), a publicly traded special purpose acquisition company, today announced that it will hold an extraordinary general meeting of shareholders of Vahanna at 10:00 a.m., New York time, on August 25, 2023 (the “Extraordianry General Meeting”) to vote on the proposed business combination (the “Business Combination”) with Roadzen, Inc. (“Roadzen” or the “Company”), a global insurance technology company on a mission to transform global auto insurance powered by advanced AI. Subject to the satisfaction or waiver of the closing conditions set forth in the merger agreement, the combined company will be renamed “Roadzen Inc.” (Nasdaq: RDZN, RDZNW) following the closing.

The registration statement on Form S-4 (File No. 333-269747) containing a proxy statement/prospectus (the “Proxy Statement/Prospectus”) relating to the Business Combination filed by Vahanna with the U.S. Securities and Exchange Commission (the “SEC”) was declared effective by the SEC on August 14, 2023. The mailing of the Proxy Statement/Prospectus and related materials was commenced on August 14, 2023 to shareholders of Vahanna as of the record date established for voting on the Business Combination (the “Record Date”).

Vahanna’s Extraordinary General Meeting will be held at 10:00 a.m., New York time, on August 25, 2023 at the offices of Winston & Strawn LLP at 200 Park Avenue, New York, New York 10166 and virtually at https://www.cstproxy.com/vahannatech/sm2023. Shareholders of VHNA as of the Record Date are entitled to notice of, and to vote at, the Extraordinary General Meeting.

Advisors

Winston & Strawn LLP is acting as legal counsel to Roadzen. Mizuho Securities USA LLC (“Mizuho”) and Pi Capital LLC are acting as financial advisors to Vahanna. Gibson, Dunn & Crutcher LLP and DMD Advocates are acting as legal counsels to Vahanna. Sidley Austin LLP is acting as legal counsel to Mizuho, and Sheumack GMA is acting as Fairness Opinion advisor to Vahanna’s board of directors.

About Vahanna
Vahanna Tech Edge Acquisition I Corp. is a blank check company incorporated on April 22, 2021 as a British Virgin Islands business company formed for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.

About Roadzen

Roadzen is a leading insurance technology company on a mission to transform global auto insurance powered by advanced AI. At the heart of Roadzen’s mission is its commitment to create transparency, efficiency, and a seamless experience for the millions of end customers who use its products through insurer, OEM, and fleet (such as trucking, delivery, and commercial fleets) partners. Roadzen seeks to accomplish this by combining computer vision, telematics and AI with continually updated data sources to provide a more efficient, effective and informed way of building auto insurance products, processing claims and improving driver safety. Roadzen has been recognized as a top innovator in the insurtech space by Forbes and Financial Express (India).

For materials and information, visit https://www.vahannatech.com/ for Vahanna and https://www.roadzen.io/ for Roadzen.

Important Information About the Business Combination and Where to Find It

In connection with the Business Combination, Vahanna has filed a registration statement on Form S-4 with the SEC, which includes a proxy statement/prospectus. The registration statement has been declared effective and the proxy statement/prospectus will be distributed to Vahanna’s shareholders in connection with its solicitation of proxies for the vote by Vahanna’s shareholders with respect to the Business Combination and other matters as may be described in the registration statement, as well as the prospectus relating to the offer and sale of the securities to be issued in the Business Combination to certain of Roadzen’s shareholders. This press release does not contain all the information that should be considered concerning the Business Combination and is not intended to form the basis of any investment decision or any other decision in respect of the Business Combination. Vahanna’s shareholders and other interested persons are advised to read the definitive proxy statement/prospectus and other documents filed in connection with Business Combination, as these materials will contain important information about Vahanna, Roadzen and the Business Combination.

The definitive proxy statement/prospectus and other relevant materials for the Business Combination will be mailed to the shareholders of Vahanna as of the Record Date. Shareholders can obtain copies of the definitive proxy statement and other documents filed with the SEC, without charge, at the SEC’s website at www.sec.gov, or by directing a request to Vahanna’s chief financial officer at 1230 Avenue of the Americas, 16^th Floor, New York, NY 10020.

Participants in the Solicitation

Vahanna and its directors, executive officers, other members of management and employees, under SEC rules, may be deemed to be participants in the solicitation of proxies of Vahanna’s shareholders in connection with the Business Combination. Investors and security holders may obtain more detailed information regarding the names and interests in the Business Combination of Vahanna’s directors and officers in Vahanna’s filings with the SEC, including Vahanna’s Annual Report on Form 10-K for the fiscal year ended December 31, 2022, which was filed with the SEC on April 14, 2023 (as amended by Amendment No. 1 thereto on April 27, 2023), and such information and names of Roadzen’s directors and executive officers are also included in the Registration Statement on Form S-4 filed with the SEC by Vahanna, which includes the proxy statement/prospectus of Vahanna for the Business Combination. Shareholders can obtain copies of Vahanna’s filings with the SEC, without charge, at the SEC’s website at www.sec.gov. Roadzen and its directors and executive officers may also be deemed to be participants in the solicitation of proxies from the shareholders of Vahanna in connection with the Business Combination. A list of the names of such directors and executive officers and information regarding their interests in the Business Combination are included in the proxy statement/prospectus for the Business Combination.

Forward-Looking Statements

Certain statements, estimates, targets and projections in this press release may be considered forward-looking statements. Forward-looking statements generally relate to future events or Vahanna’s or Roadzen’s future financial or operating performance. For example, statements regarding anticipated growth in the industry in which Roadzen operates and anticipated growth in demand for Roadzen’s services, projections of Roadzen’s future financial results and other metrics, the satisfaction of closing conditions to the proposed business combination and the timing of the completion of the proposed business combination are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “pro forma”, “may”, “should”, “could”, “might”, “plan”, “possible”, “project”, “strive”, “budget”, “forecast”, “expect”, “intend”, “will”, “estimate”, “anticipate”, “believe”, “predict”, “potential” or “continue”, or the negatives of these terms or variations of them or similar terminology. Such forward-looking statements are subject to risks, uncertainties, and other factors which could cause actual results to differ materially from those expressed or implied by such forward-looking statements.

These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by Vahanna and its management, and Roadzen and its management, as the case may be, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: (i) the occurrence of any event, change or other circumstances that could give rise to the termination of subsequent definitive agreements with respect to the proposed business combination; (ii) the outcome of any legal proceedings that may be instituted against Vahanna, Roadzen, the combined company or others following the announcement of the Business Combination and any definitive agreements with respect thereto; (iii) the inability to complete the Business Combination due to the failure to obtain approval of the shareholders of Vahanna or Roadzen; (iv) the inability of Roadzen to satisfy other conditions to closing; (v) changes to the proposed structure of the Business Combination that may be required or appropriate as a result of applicable laws or regulations or as a condition to obtaining regulatory approval of the Business Combination; (vi) the ability to meet stock exchange listing standards in connection with and following the consummation of the Business Combination; (vii) the risk that the proposed Business Combination disrupts current plans and operations of Roadzen as a result of the announcement and consummation of the Business Combination; (viii) the ability to recognize the anticipated benefits of the Business Combination, which may be affected by, among other things, competition, the ability of the combined company to grow and manage growth profitably, the ability of the combined company to maintain relationships with customers, suppliers, labor unions and other organizations that have a role in the business of Roadzen and the ability of the combined company to retain its management and key employees; (ix) costs related to the Business Combination; (x) changes in applicable laws or regulations, including those affecting the industries in which the combined company will operate; (xi) the possibility that Roadzen or the combined company may be adversely affected by other economic, business, regulatory, and/or competitive factors; (xii) Roadzen’s estimates of expenses and profitability; (xiii) the evolution of the markets in which Roadzen competes; (xiv) the ability of Roadzen to implement its strategic initiatives and continue to innovate its existing offerings; (xv) the ability of Roadzen to satisfy regulatory requirements; (xvi) the impact of the COVID-19 pandemic on Roadzen’s and the combined company’s business; and (xvii) other risks and uncertainties set forth in the section entitled “Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” in Vahanna’s Annual Report on Form 10-K for the fiscal year ended December 31, 2022, which was filed with the SEC on April 14, 2023 (as amended by Amendment No. 1 thereto filed on April 27, 2023), and other risks and uncertainties indicated from time to time in the definitive proxy statement delivered to Vahanna’s shareholders and related registration statement on Form S-4, including those set forth under “Risk Factors” therein, and other documents to be filed with the SEC by Vahanna.

Nothing in this press release should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. Neither Vahanna nor Roadzen undertakes any duty to update these forward-looking statements.

No Offer or Solicitation

This press release is not a proxy statement or solicitation of a proxy, consent or authorization with respect to any securities or in respect of the potential transaction and does not constitute an offer to sell or a solicitation of an offer to buy any securities of Vahanna or Roadzen, nor shall there be any sale of any such securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of the Securities Act.

Investor Contacts:
Roadzen: Raghav Kansal (raghav@roadzen.io)
ICR: Michael Bowen & Dhruv Chopra (RoadzenIR@ICRinc.com)
Vahanna: Raahim Don (raahim@vahanna.com)

Media Contacts:
Roadzen: Sanya Soni (sanya@roadzen.io)
ICR: Edmond Lococo (RoadzenPR@ICRinc.com)

GlobeNewswire Distribution ID 8895292

South African Tourism bolsters commitment to its fastest growing market with a series of advocacy engagements in key American cities with stops in Washington D.C., Los Angeles, Las Vegas, and Atlanta on Monday August, 8, 2023 in Washington. (Joy Asico/AP Images for South African Tourism)

WASHINGTON, Aug. 15, 2023 (GLOBE NEWSWIRE) — As South Africa continues to make tremendous strides towards its 2024 global recovery goal, the North American team from South African Tourism reinforced the destination’s commitment to its fastest growing market through a series of advocacy engagements in key American cities including Washington D.C., Los Angeles, Las Vegas, and Atlanta. Delegates reiterated the destination’s welcoming invitation to North American travelers by showcasing their uniquely South African brand of warmth and hospitality to trade, media, and stakeholders in this important market.

The partnership brings research management, CRM and workflow automation best practices to mutual clients in private markets

NEW YORK, Aug. 15, 2023 (GLOBE NEWSWIRE) — Bipsync (“Bipsync”), a leading provider of research and workflow automation software, today announced a strategic partnership with Lionpoint Group (“Lionpoint”) to provide mutual clients access to a trusted advisor throughout the digital transformation process. Lionpoint is a global consulting firm focused on delivering operational efficiency and enabling technology solutions to the alternative investments industry.

Through this partnership, clients will have access to Lionpoint Group’s experienced team of resources specialized in private market technology and operational improvement initiatives inclusive of data intelligence and integrations. This coupled with Bipsync’s comprehensive suite of tools and services – purpose-built for both public and private markets – further enables them to efficiently capture, analyze, and derive insights across deal pipeline management, due diligence processes, document processing & management, and portfolio monitoring.

“Alternative investment firms have largely recognized the importance of deploying the right technology solutions across the organization, but many need help to identify, implement, and integrate the best software and workflows to meet their changing needs,” says John Hans, VP of Sales at Bipsync. “Partnering with Lionpoint – which has a long history of working with firms that use our solution – opens the door to our shared clients, granting them access to Lionpoint’s deep pool of industry specialists spanning the alternative investment management lifecycle.”

“We are thrilled to be partnering with Bipsync to provide clients with additional technologies to support research management driving better decision making across deal management and portfolio monitoring,” says Andrea Klug, Director at Lionpoint. “By partnering with Bipsync, Lionpoint Group will help bring scale to the platform’s existing research and data management business while continuing to deliver exceptional service to clients.”

This partnership comes at a time of accelerated growth for Bipsync, as the firm continues to expand its commitment to providing best-in-class technology solutions across both the public and private markets. Most recently, Bipsync announced the launch of its integration with Burgiss. The new data integration allows existing users of Burgiss’ Private i Platform to access key data at the fund, manager, and portfolio levels within Bipsync. This creates a centralized, single source of truth across the firm – from investment screening to due diligence to portfolio monitoring activities. Benefits of the integration include:

• Key investment data from Burgiss is readily accessible to all teams within your organization.
• Knowledge can be shared across teams, reducing the need for internal reporting.
• All interactions with your investments, peers, and competitors can be easily captured.
• Processes can be made repeatable, measurable, and auditable across pre- and post-commitment activities.

About Bipsync. Bipsync is a research and document processing and workflow automation solution connecting investment front and back offices. We use modern technologies, agile processes, and user-centered design to drive speed, agility, quality, and efficiency into our customers’ processes to drive better decisions, faster. Bipsync clients span the entire investment management industry across asset class, strategy and size. The world’s largest allocators right through to pre-launch fund managers rely on Bipsync as a single system of record and modern productivity environment to help them power their unique investment processes and drive operational excellence. To learn more about Bipsync, please visit: http://www.bipsync.com

About Lionpoint. An Alpha FMC company, provides consulting services for alternative investments and financial services organizations, across the front, middle and back office. Core services include strategic advisory, operating model optimization, technology road mapping and solution selection, and systems integration to solve complex operational and technology challenges. To learn more about Lionpoint, please visit: https://lionpointgroup.com.

Media Contacts

Bipsync
Chau Mai
cmai@bipsync.com

Lionpoint Group
Shereen Ihsan
sihsan@lionpointgroup.com

GlobeNewswire Distribution ID 8894710

EVIDENT Corporation Appoints New CEO and COO

Pictured (left to right): Evident’s new CEO Wes Pringle and President & COO Hiroyuki Yoshimoto

TOKYO, Aug. 15, 2023 (GLOBE NEWSWIRE) — Evident Corporation (“Evident”) announced the appointment of William Wesley “Wes” Pringle as Chief Executive Officer (CEO) and Hiroyuki Yoshimoto as President and Chief Operating Officer (COO). Effective immediately, Wes takes over for Evident’s interim CEO Eric Anderson.

Wes has an impressive 30-year career driving growth and business transformation across a variety of industries, including consumer, industrial, healthcare and software-enabled businesses. Prior to joining Evident, Wes ran several companies for Danaher including Fluke Corporation (a global test and measurement leader), which he led for almost 10 years.  As President of Fluke, Wes oversaw a period of significant growth and market expansion.  More recently, he served as Head of Portfolio Operations at the private equity firm Onex Corporation, where he helped over a dozen portfolio companies accelerate performance. “I am honored to join Evident and help lead this 100-year-old business through a new phase of growth. By unleashing the passion and talents of this organization, I believe we can deliver exceptional growth and market changing innovations for our customers.”

Hiroyuki is an experienced leader with a proven track record of leading global companies headquartered in Japan and the USA.  Prior to joining Evident, Hiroyuki had several senior leadership roles at global manufacturing companies such as Nissan Motor Corporation Group and Nidec Corporation. He led significant business growth by expanding market share and providing  hands-on leadership for operational excellence. Most recently, he served as Senior Vice President and Japan Representative at American Express, where he led the business on a remarkable growth journey.  “By working as one team, I am convinced that Evident can create sustainable growth while continuing its mission of pioneering innovations that make society healthier and safer. Our commitment to ensuring customer satisfaction, along with fostering strong relationships with business partners and stakeholders will be the cornerstone of our progress.”

With this new leadership team, Evident will realize its next chapter by further strengthening its commitment to delivering world-class solutions to our customers.

About EVIDENT

At Evident, we are guided by the scientific spirit—innovation and exploration are at the heart of what we do. Committed to making people’s lives healthier, safer, and more fulfilling, we support our customers with solutions that solve their challenges and advance their work—whether it’s researching medical breakthroughs, inspecting infrastructure, or exposing hidden toxins in consumer products.

Evident Industrial’s solutions range from microscopes and videoscopes to nondestructive testing equipment and X-ray analyzers for maintenance, manufacturing, and environmental applications. Backed by state-of-the-art technologies, Evident’s products are widely used for quality control, inspection, and measurement.

Evident Life Science empowers scientists and researchers through collaboration and cutting-edge life science solutions. Dedicated to meeting the challenges and supporting the evolving needs of its customers, Evident Life Science advances a comprehensive range of microscopes for pathology, hematology, IVF, and other clinical applications as well as for research and education.

For more information, visit www.EvidentScientific.com

About Bain Capital Private Equity

Bain Capital Private Equity has partnered closely with management teams to provide the strategic resources that build great companies and help them thrive since its founding in 1984. Bain Capital Private Equity’s global team of more than 280 investment professionals creates value for its portfolio companies through its global platform and depth of expertise in key vertical industries including healthcare, consumer/retail, financial and business services, industrials, and technology, media and telecommunications. Bain Capital has 23 offices on four continents. The firm has made primary or add-on investments in more than 1,100 companies since its inception. In addition to private equity, Bain Capital invests across multiple asset classes, including credit, public equity, venture capital and real estate, managing approximately $160 billion in total assets and leveraging the firm’s shared platform to capture opportunities in strategic areas of focus.

For more information, please visit www.baincapitalprivateequity.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b3ffc55e-10fa-49f4-b5e4-f236ba7cf5bd

Media Contact:
Tobias Ruckes
Evident Global Corporate Communications
Tobias.Ruckes@EvidentScientific.com

GlobeNewswire Distribution ID 8894664

มีการเสนอชื่อเข้าชิงถึง 3,700 รายชื่อจากองค์กรต่าง ๆ ใน 61 ประเทศ

FAIRFAX, Va., Aug. 15, 2023 (GLOBE NEWSWIRE) — องค์กรและผู้บริหารที่ประสบความสำเร็จจากทั่วโลกได้รับการยอมรับในฐานะผู้ได้รับรางวัล Stevie® Awards ระดับ Gold, Silver และ Bronze ใน The 20th Annual International Business Awards® โปรแกรมรางวัลธุรกิจที่ครอบคลุมระดับนานาชาติหนึ่งเดียวของโลก

ผู้ชนะจะถูกเลือกมาจากการเสนอชื่อมากกว่า 3,700 รายชื่อที่ส่งมาจากองค์กรต่าง ๆ จาก 61 ประเทศ

สามารถดูรายชื่อผู้ได้รับรางวัล Gold, Silver และ Bronze จาก Stevie Award 2023 ทั้งหมดแยกตามหมวดหมู่ได้ที่ www.StevieAwards.com/IBA

ผู้บริหารมากกว่า 230 คนจากทั่วโลกได้มีส่วนร่วมเป็น 11 คณะผู้ตัดสิน เพื่อตัดสินผู้ที่จะได้รับรางวัล Stevie

ผู้ได้รับรางวัล Stevies ระดับ Gold, Silver และ Bronze โดยรวมมากที่สุดได้แก่ IBM จาก อาร์มองก์, นิวยอร์ก, สหรัฐอเมริกา ซึ่งได้ถึง 21 รางวัล ผู้ได้รับรางวัล Stevie หลายรางวัลรายอื่น ๆ ได้แก่ HALKBANK, อิสตันบูล, ตุรกี (20), Viettel Group, ฮานอย, เวียดนาม (17), Telkom Indonesia, จาการ์ต้า, อินโดนีเซีย (17), Ayala Land, Inc., เมืองมาคาติ, ฟิลิปปินส์ (16), DHL Express, ทั่วโลก (14), A.S. Watson Group, ฮ่องกง (12), Tata Consultancy Services, ทั่วโลก (11), LLYC, มาดริด, สเปน (10), OPET, อิสตันบูล, ตุรกี (10), HeyMo® The Experience Design Company, อิสตันบูล, ตุรกี (9), Uniomedia Communications, บูดาเปสต์, ฮังการี (9), AD Ports Group, อาบูดาบี, สหรัฐอาหรับเอมิเรตส์ (8), FPT Software, ฮานอย, เวียดนาม (8), Akbank T.A.Ş, อิสตันบูล, ตุรกี (7), Cisco Systems, ซานโฮเซ แคลิฟอร์เนีย, สหรัฐอเมริกา (7), Maersk, มอนทรีออล, แคนาดา (7), Everise, Plantation, ฟลอริดา, สหรัฐอเมริกา (6), Ernst & Young, ทั่วโลก (6), Globe Telecom Inc., เมืองตากิก, ฟิลิปปินส์ (6), Green Door Co, ซิดนีย์, ออสเตรเลีย (6), nupco, ริยาด, ซาอุดีอาระเบีย (6), Philip Morris International, โลซานน์, สวิตเซอร์แลนด์ (6), TriNet, Dublin, แคลิฟอร์เนีย, สหรัฐอเมริกา (6), WNS, มุมไบ, อินเดีย (6), ZER, อิสตันบูล, ตุรกี (6), Canadian Tire Corporation, โตรอนโต, แคนาดา (5), Enerjisa Üretim, อิสตันบูล, ตุรกี (5), Lounge Group, บูดาเปสต์, ฮังการี (5), PJ Lhuillier, Inc. | เมืองมาคาติ, ฟิลิปปินส์ (5), Purpol Marketing, ชิปเพนแฮม, วิลต์เชียร์, สหราชอาณาจักร (5), Megaworld Foundation, Inc., เมืองตากิก, ฟิลิปปินส์ (5), Zimat Consultores, เม็กซิโกซิตี้, เม็กซิโก (5)

Halkbank ซึ่งเป็นผู้บุกเบิกการพัฒนาภาคการธนาคารของตุรกีมาเป็นเวลา 83 ปี ได้รับรางวัล Gold Stevie Awards แปดรางวัล ซึ่งมากกว่าองค์กรอื่น ๆ

ทุกองค์กรทั่วโลกมีสิทธิ์เข้าร่วมแข่งขัน IBA และสามารถส่งผู้เข้าแข่งขันในหมวดหมู่ต่าง ๆ ในด้านความสำเร็จด้านการจัดการ การตลาด ประชาสัมพันธ์ การบริการลูกค้า ทรัพยากรมนุษย์ ผลิตภัณฑ์และบริการใหม่ เทคโนโลยี เว็บไซต์ แอป กิจกรรม และอื่น ๆ

รางวัลจะถูกนำเสนอในงานกาล่าที่กรุงโรม, ประเทศอิตาลี ในวันที่ 13 ตุลาคม 2023

เกี่ยวกับ Stevie® Awards
Stevie Awards ถูกจัดขึ้นทั้งหมดแปดโปรแกรม โดยมีรางวัล Asia-Pacific Stevie Awards, รางวัล German Stevie Awards, รางวัล Stevie Awards ในตะวันออกกลางและแอฟริกาเหนือ, รางวัล American Business Awards®, รางวัล International Business Awards®, รางวัล Stevie Awards สำหรับพนักงานดีเด่น, รางวัล Stevie Awards สำหรับสตรีในวงการธุรกิจ และรางวัล Stevie Awards สำหรับฝ่ายขายและบริการลูกค้า การแข่งขัน Stevie Awards ได้รับการเสนอชื่อเข้ามามากกว่า 12,000 รายการในแต่ละปีจากองค์กรทั่วโลกกว่า 70 ประเทศ นับเป็นเกียรติแก่องค์กรทุกประเภทและขนาดรวมถึงบุคคลที่อยู่เบื้องหลักองค์กรเหล่านั้นด้วย ซึ่งรางวัล Stevie เป็นเสมือนเครื่องหมายแห่งผลงานอันโดดเด่นในที่ทำงานจากทั่วโลก เรียนรู้เพิ่มเติมเกี่ยวกับ Stevie Awards ได้ที่ http://www.StevieAwards.com

ข้อมูลติดต่อฝ่ายการตลาด
Nina Moore
Nina@StevieAwards.com
+1 (703) 547-8389

ดูรูปภาพประกอบประกาศนี้ได้ที่ https://www.globenewswire.com/NewsRoom/AttachmentNg/d3c48626-c892-4855-a6bc-db17ff9a72f5

GlobeNewswire Distribution ID 8894660

3,700 Nominations Were Submitted from Organizations in 61 Nations

3,700 Nominations Were Submitted from Organizations in 61 Nations

High-achieving organizations and executives around the world have been recognized as Gold, Silver, and Bronze Stevie® Award winners in The 20th Annual International Business Awards®. The top winner of Gold, Silver, and Bronze Stevie Awards is IBM of Armonk, NY USA with 21. Other winners of multiple Stevie Awards include HALKBANK, Istanbul, Turkey (20), Viettel Group, Hanoi, Vietnam (17), Telkom Indonesia, Jakarta, Indonesia (17), and others.

FAIRFAX, Va., Aug. 14, 2023 (GLOBE NEWSWIRE) — High-achieving organizations and executives around the world have been recognized as Gold, Silver, and Bronze Stevie® Award winners in The 20th Annual International Business Awards®, the world’s only international, all-encompassing business awards program.

Winners were selected from more than 3,700 nominations submitted by organizations in 61 nations.

A complete list of all 2023 Gold, Silver and Bronze Stevie Award winners by category is available at www.StevieAwards.com/IBA.

More than 230 executives worldwide participated on 11 juries to determine the Stevie winners.

The top winner of Gold, Silver, and Bronze Stevie Awards is IBM of Armonk, NY USA with 21. Other winners of multiple Stevie Awards include HALKBANK, Istanbul, Turkey (20), Viettel Group, Hanoi, Vietnam (17), Telkom Indonesia, Jakarta, Indonesia (17), Ayala Land, Inc., Makati City, Philippines (16), DHL Express, worldwide (14), A.S. Watson Group, Hong Kong (12), Tata Consultancy Services, worldwide (11), LLYC, Madrid, Spain (10), OPET, Istanbul, Turkey (10), HeyMo® The Experience Design Company, Istanbul, Turkey (9), Uniomedia Communications, Budapest, Hungary (9), AD Ports Group, Abu Dhabi, United Arab Emirates (8), FPT Software, Hanoi, Vietnam (8), Akbank T.A.Ş, Istanbul, Turkey (7), Cisco Systems, San Jose, CA USA (7), Maersk, Montreal, Canada (7), Everise, Plantation, FL USA (6), Ernst & Young, worldwide (6), Globe Telecom Inc., Taguig City, Philippines (6), Green Door Co, Sydney, Australia (6), nupco, Riyadh, Saudi Arabia (6), Philip Morris International, Lausanne, Switzerland (6), TriNet, Dublin, CA USA (6), WNS, Mumbai, India (6), ZER, Istanbul, Turkey (6), Canadian Tire Corporation, Toronto, Canada (5), Enerjisa Üretim, Istanbul, Turkey (5), Lounge Group, Budapest, Hungary (5), PJ Lhuillier, Inc. | Makati City, Philippines (5), Purpol Marketing, Chippenham, Wiltshire, United Kingdom (5), Megaworld Foundation, Inc., Taguig City, Philippines (5), Zimat Consultores, Mexico City, Mexico (5).

Halkbank, pioneering the development of the Turkish banking sector for 83 years, has won eight Gold Stevie Awards, more than any other organization.

All organizations worldwide are eligible to compete in the IBAs, and may submit nominations in a wide range of categories for achievement in management, marketing, public relations, customer service, human resources, new products and services, technology, web sites, apps, events, and more.

The awards will be presented during a gala event in Rome, Italy on October 13, 2023.

About the Stevie® Awards
Stevie Awards are conferred in eight programs: the Asia-Pacific Stevie Awards, the German Stevie Awards, the Middle East & North Africa Stevie Awards, The American Business Awards®, The International Business Awards®, the Stevie Awards for Great Employers, the Stevie Awards for Women in Business, and the Stevie Awards for Sales & Customer Service. Stevie Awards competitions receive more than 12,000 entries each year from organizations in more than 70 nations. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about the Stevie Awards at http://www.StevieAwards.com.

Marketing Contact
Nina Moore
Nina@StevieAwards.com
+1 (703) 547-8389

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d3c48626-c892-4855-a6bc-db17ff9a72f5

GlobeNewswire Distribution ID 8893579

Boston, Aug. 14, 2023 (GLOBE NEWSWIRE) — Gordon Brothers, the global advisory and investment firm, has acquired the global consumer electronics brand Telefunken.

Based in Frankfurt, Germany, Telefunken has become one of the leading names in the electronics sector with a diverse portfolio of products ranging from video, e-mobility, domestic appliances and audio.

Gordon Brothers will invest in the brand to drive further growth of the already successful enterprise within its existing product categories and bring Telefunken products to a younger consumer segment. The firm will focus on partnering with Telefunken’s current licensees and expanding the licensee portfolio internationally by leveraging Gordon Brothers’ relationships so the brand can continue to reach consumers globally.

The acquisition expands Gordon Brothers’ current portfolio of home and lifestyle brands to include consumer electronics, a vertical in which the global brands business has deep experience and expertise.

The firm previously revitalized Polaroid and helped the iconic consumer electronics brand find new life after acquiring it out of bankruptcy, transforming Polaroid into a licensing platform and once again making it relevant to consumers.

“We are honored to continue the incredible legacy Telefunken started in 1903 and grow the brand with current and new partners,” said Frank Morton, Chief Investment Officer of Gordon Brothers. “Telefunken has opportunities for expansion and is well positioned to benefit from global industry growth within the consumer electronics, appliance and e-bikes markets.”

“Telefunken’s asset-light model is a natural fit for our portfolio of brands,” said Tobias Nanda, Head of Brands at Gordon Brothers. “Our expertise in the consumer electronics sector will help build upon Telefunken’s 120-year history.”

“Telefunken is poised for growth and enhanced global outreach,” said Hemjo Klein, the former Chairman and founder of Telefunken’s holding company. “Having developed and established a working partnership with Gordon Brothers over the last several years, I am more than confident they will uphold the brand’s legacy and steer Telefunken through the next chapter of growth.”

Gordon Brothers has been actively investing in, repositioning and growing some of the world’s most iconic brands since 2003. As owners of several brands, including Laura Ashley® and Nicole Miller, the firm prioritizes expanding licensees and franchisees to bolster their e-commerce presence and develop more strategic wholesale and retail relationships.

About Gordon Brothers
Since 1903, Gordon Brothers (www.gordonbrothers.com) has helped lenders, management teams, advisors and investors move forward through change. The firm brings a powerful combination of expertise and capital to clients, developing customized solutions on an integrated or standalone basis across four services areas: valuations, dispositions, financing and investment. Whether to fuel growth or facilitate strategic consolidation, Gordon Brothers partners with companies in the retail, commercial and industrial sectors to provide maximum liquidity, put assets to their highest and best use and mitigate liabilities. The firm conducts more than $100 billion worth of dispositions and appraisals annually and provides both short- and long-term capital to clients undergoing transformation. Gordon Brothers lends against and invests in brands, real estate, inventory, receivables, machinery, equipment and other assets, both together and individually, to provide clients liquidity solutions beyond its market-leading disposition and appraisal services. The firm is headquartered in Boston, with over 30 offices across five continents.

About Telefunken
Telefunken was founded in Berlin in 1903. With a pioneering spirit Telefunken established over 20,000 patents in a broad array of global industries and has been known as the ‘Innovation Company’ with innovations including the first radio broadcast, first voice recorder, inventor of electronic TV camera and PAL-colour TV. The company became a leader in electronic communication and a global player in consumer electronics within audio, video, TV and information technology, industrial applications with data transfer, mobile communication, security and solar technology supporting the NASA space program with the first space solar panels. Based in Frankfurt, Telefunken has licensees throughout Asia, Europe, North America and South America.

Attachments

• Telefunken Microphone
• Telefunken Microphone and Headphones

Lauren Nadeau
Gordon Brothers
+1.617.422.6599
lnadeau@gordonbrothers.com

GlobeNewswire Distribution ID 8893242