Business, Free News Articles

PARAGON Wealth Strategies Acquires Jacksonville-based Mellen Money Management, Creating Multi-Generational Wealth Management Firm

JACKSONVILLE, Fla. -- PARAGON Wealth Strategies, a Fee-Only Registered Investment Advisor and comprehensive wealth management firm, has acquired Mellen Money Management - a fee only financial planning firm specializing in investment management and life-stages planning for growing families. Mellen's founder and owners, Scott Snider and Ian Aguilar, will join PARAGON as partners of the firm. Approximately 60 client families will join PARAGON as new clients.

Commenting on the merger, PARAGON CEO and Managing Partner Jon Castle said, "This merger positions PARAGON as a multi-generational firm. Since opening our doors in 2005, PARAGON has grown from a small financial planning practice to a regional leader in the Fee-Only Wealth Management space. By acquiring the skilled entrepreneurial leadership of another firm, we can begin the process of properly structuring PARAGON to provide lifelong wealth management services to all present and future clients, even after the original founders retire. This merger also allows PARAGON to provide additional building financial planning and investment services with scale and competence, and to appeal to younger wealth-builder clients, not just clients primarily concerned with managing their retirement."

PARAGON is relatively unique in that the firm provides fee-only wealth management and asset management services to its clients using a team-based service model, as opposed to maintaining its relationships with clients through individual advisors or relationship managers.

Clients of the firm typically meet with different advisors through the course of their relationship, depending upon skills necessary to address important agenda items and impending life events. In this manner, a client is not dependent upon "his guy" or "her advisor" being in the office or available to answer questions at any given time, but instead, can comfortably work with the entire team. As a result of this approach, PARAGON's client retention rate has been very high, even being 100% in some years.

After the merger is complete, PARAGON will have approximately $390 Million under management. For more information about PARAGON, including PARAGON's philosophy, service options, partner bios, and disclosure documents, visit https://www.wealthguards.com/.

Investment advisory services provided by Paragon Wealth Strategies, LLC, a registered investment adviser.

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Related link: https://www.wealthguards.com/

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Aerospace and Aviation, Business, Construction and Building, Free News Articles

Arizona Jobsite Adopts Enhanced COVID-19 Safety Measures to Keep Workers Safe On-Site

MESA, Ariz. -- GCON, Inc. the construction management company leading Mesa Hangar, a major addition to Falcon Field Airport, announces enhanced safety measures as part of a proactive approach to on-site Health and Safety. These measures are key to keeping construction professionals healthy and working during the COVID-19 pandemic.

Since the official mandate in early March, weekly group calls have been established to review site practices, discuss issues, and overcome concerns to implement new systems and practices that will likely remain new industry standards:

* Weekly analysis of jobsite to create custom social distancing plans that include staff monitoring systems to limit the flow of workers in potentially crowded areas.

* Third party services hired to set up wash stations and regularly disinfect the site.

* New COVID-19-specific site safety manuals with modeled practices from CDC recommendations are used to train subcontractors and trade partners.

* Routine monitoring processes for spotting symptoms of the virus are in place along with measures of caution to stay home for those with COVID-19 exposure.

* Personal Protective Equipment, such as gloves, safety glasses and masks, worn full-time by all jobsite personnel.

* The washing of tools prior to beginning on-site work and at shift-end as part of daily start-up and closing protocols.

"Our efficiencies have changed dramatically and it's something we all work together on. Our subcontractors and trade partners can't just show up anymore. They have to self-monitor and check for symptoms, follow dedicated entry and exit routes, and utilize washing stations regularly," says Mick Marden, Vice President of Operations for GCON, Inc. "A marker of distinction for each construction site is the guidelines that display even before entering."

With an average of 75 professionals on site each day, many of these measures were taken even before the mandate and enhanced later in an effort to maintain a proactive approach to the needs of a new construction environment.

"Our approach is bigger than the job site. We're considering families, the comfortability of the spouse, and the overall community," says Marden.

The game changer is that the job site is squeaky clean. Though in stark contrast to how the public may picture an active construction site, those at the forefront understand the imperative to create an environment that workers can confidently continue in as the industry continues to evolve.

About GCON, Inc.

GCON is a dynamic, full-service construction management company serving a diverse portfolio of clients across the US, including high-tech/mission critical to healthcare, education, office, industrial, retail, multi-family, and more. As a regional contractor with local roots, our vision is to maintain our community-first focus and continue to be the #1 relationship contractor in the Southwest. You can learn more by visiting https://www.gconinc.com/.

Related link: https://www.gconinc.com/

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Business, Free News Articles, Home and Garden, Manufacturing, Product Launches

Insightful Woman Launches Business During Pandemic Supporting Female Artisans and Entrepreneurs

GREENSBORO, N.C. -- While the pandemic continues to shatter businesses and the world is urged to stay at home, Allie Petrova, founder of Bellani, a luxury merino wool blanket maker, decided to bring warmth into people's homes and lives. Like many other professionals, Petrova, a North Carolina tax attorney, replaced in-person, client meetings with virtual ones.

And, whether working at her home office desk, or unwinding while watching movies in the living room, she wished for a natural blanket to wrap her in comfort and coziness.

With an entrepreneurial spirit and a desire to help others, she set out to create the perfect blanket made of luxuriously soft fine merino. The name "Bellani" was an intuitive fit: it comes from the Italian words for beautiful (bella) and wool (lana). The blankets are made in Europe from pure, natural and sustainable materials.

Petrova sought to support female entrepreneurs and artisans, many are single mothers or sole breadwinners for the family. Bellani's major supplier is a partnership owned by two women. Women artisans hand finish the fringe on each blanket from the Luxe Collection, which offers a combination of classic and contemporary designs that elevate spaces and bring delightful warmth. The blankets are crafted at wool mills with traditions in the making of wool products, particularly blankets.

"While so many businesses were shutting down, I worked to plant a seed that would grow something new and beautiful," Petrova says. "Despite many challenges and disruptions caused by the pandemic, I found the right mill to weave the blankets, chose from tens of colors for the right patterns, and located the perfect, fine merino supplier."

In addition to adult blankets in the Luxe Collection, Bellani offers fine merino baby and pet blankets. They come in delicate patterns and timeless colors. People are met with softness beyond compare, when they run their hands over the Bellani blankets.

"Our baby blankets have been very popular with grandparents who are buying them as gifts as well as for baby showers," Petrova says. "And pets are a very important part of the family too - we didn't want our furry friends to be left out."

Bellani is unveiling its Royal Blanket - exclusively on https://mybellani.com. This blanket will be the ultimate in luxury. The fabric is made in Italy from fine Australian merino wool and comes in a generous size to fit a Queen-sized bed.

About Bellani

Founded in 2020, Bellani manufactures heirloom quality, fine merino wool blankets with timeless designs, luxurious softness and ultimate comfort. All products are made in Europe and are 100 percent natural. Shipping is available to the U.S. and Canada.

For more information, visit: https://mybellani.com/ and https://www.instagram.com/bellaniblankets/

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Business, Free News Articles, Software, Transportation

Capstone Logistics Reduces Driver Dwell Time with Direct Bill Program

PEACHTREE CORNERS, Ga. -- Capstone Logistics, a leading provider of end-to-end supply chain solutions, has streamlined the unloading payment process by implementing a Direct Bill program that reduces driver dwell time at their partners' distribution centers by an average of 30 minutes. It also enables contactless payments at these facilities for improved driver safety during the COVID-19 pandemic.

Typically, a truck driver is notified of unloading fees upon check-in at a warehouse and is responsible for paying the amount by cash or Comchek. Issuing and processing payment happens upon completion of the unload, where significant dwell time can occur.

With Direct Bill, Capstone's contracted carriers can bypass payment altogether at select Capstone-supported sites. This provides unique value for shippers that leverage Capstone's integrated freight management and warehouse services.

Benefits for carriers include:
* Reduction in dwell time and detention
* Eliminates risk of not getting reimbursed
* Less hassle dealing with receipts
* Safe, contactless payment during the COVID-19 pandemic

Benefits for shippers include:
* Faster unloading leads to shipper of choice status and carrier retention
* Streamlined payments that reduce wasted time and resources
* Less risk of fraudulent receipts or billing disputes

Capstone partners that have implemented Direct Bill have seen notable results. For example, one multinational food manufacturer reduced their average unload time by 21 percent.

"Capstone touches nearly seven million loads annually. This means that we have the unique ability to partner with our high-volume vendors to drastically reduce dwell times for carriers," said Chris Ricciardi, President of Freight Management at Capstone. "A better experience for drivers through Direct Bill not only improves their quality of life and ability to generate revenue, it helps us drive carrier retention and reduce supply chain waste."

About Capstone Logistics

Capstone Logistics is the leader in providing specialized, technology-enabled solutions for the most challenging supply chains. Powered by an interconnected platform, Capstone creates end-to-end efficiencies and cost-savings that help suppliers, distributers, and retailers exceed customer expectations. From performance-driven labor solutions to high-touch transportation and fulfillment, Capstone delivers the scale, accountability, and continuity that enables modern supply chains to compete in an ever-evolving environment.

Learn more at https://www.capstonelogistics.com/

Related link: https://www.capstonelogistics.com/

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Books and Publishing, Business, Education and Schools, Entertainment, Free News Articles, Product Launches

The Vaccine for Racism, Inequality, and Hate Has Arrived in The Form of a New Children’s Book Series

LOS ANGELES, Calif. -- Author/Educator and Chiropractor based in Santa Monica, Dr. Todd Gewant, today announced the release of his 2nd book in the "What I Wish I Was Told" children's book series, "What I Wish I Was Told: Part 2: A Poetic Guide To Unite Us All" (ISBN: 979-8696235394).

Jane Elliott, renowned American diversity educator, endorsed "What I Wish I Was Told Part II," saying, "This book should be taught three times before college, and become the future bible of unification."

The book helps educators (primarily grades 4-12) and parents use illustrated poetry to promote and encourage dialogue with children around topics such as equality, acceptance, unity, and anti-racism. The included curriculum/activity guide helps young people explore their feelings, experiences, and opinions based on current societal issues of life.

"Poetry is an incredibly powerful tool for learning. Children will be taught how to write poetry and socialize appropriately, through the lenses of creative and free thinking, self-directed learning, and reading/writing comprehension. They will learn so much more of 'what I wish I was told' when I was young," says the author, Dr. Todd Gewant.

Each lesson in the book creates a highly unique platform for children to develop important qualities of self-esteem and an appreciation of diversity in all areas of life.

As stated by Dr. Todd, "We can help our children to become positive, caring, and creative adults through this curriculum."

Dr. Todd has been a frequent guest speaker at schools and social organizations, and has consulted with a variety of education administrators and teachers to develop a robust core curriculum around the true values of diversity.

Learn more about this original and timely journey of multicultural themes and modalities at https://whatiwishiwastold.com/.

Both books in the "What I Wish I Was Told" children's book series can be purchased on Dr. Todd's online shop or on Amazon at https://www.amazon.com/dp/B08KZ47BW9.

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Related link: https://whatiwishiwastold.com/

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Business, Free News Articles, Software

MCTlive! Pool Optimizer Technology Sets New Bar for Best Execution Loan Sales

SAN DIEGO, Calif. -- Mortgage Capital Trading, Inc. (MCT®), a leading mortgage hedge advisory and secondary marketing software firm, debuted upgraded MCTlive! Pool Optimizer functionality at its MCT Exchange client conference last month. The technology enables secondary marketing managers to use actual cash window execution for optimization on each individual loan rather than using a dealer survey for spec pay-ups.

"Depending on loan sale size, the tool looks at millions of iterations of execution options while doing the optimization process on a specified set of loans, creating a factorial to compute the optimal pooling solution," said MCT COO, Phil Rasori. "When you have a large number of high balance loans and you're trying to fit them into the 10% de minimus rule, this will make the ideal allocations, whether a specific product or in a pool with high balance."

The MCTlive! Pool Optimizer involves both the cash window commitment process as well as MBS optimization, rather than solely MBS pooling or delivery, allowing for full pricing granularity specific to all available executions. The cloud-based, scalable technology infrastructure of MCTlive! supports analysis of the millions of possible combinations at unprecedented speed. Calculations are made on real-time spec pool pay-ups with MCT's API connectivity and sets a new standard when defining optimal pool allocations.

"The system reviews the open pipeline and accounts for all co-issue commitments across the three agencies, 50 aggregators and 10 co-issue buyers. With 'cross commitment optimization' you can check, for instance, Fannie direct against co-issue Servicing Marketplace, placing each loan in the best place," explained Andrew Rhodes, Director of Trading at MCT. "This upgraded functionality is a game-changer for the majority of lenders looking to do pool optimization across both cash window and MBS executions."

The new Pool Optimizer received a warm welcome at MCT Exchange, where nearly three hundred lenders and partners reacted to its virtual debut with eager anticipation. As one of the many tools in MCT's cloud-based capital markets software platform, MCTlive!, Pool Optimizer is now available to clients. Those interested in learning more about the MCTlive! Pool Optimizer features, benefits, or how to begin using the module are encouraged to contact MCT for more information: https://mct-trading.com/solutions/.

About MCT:

Founded in 2001, Mortgage Capital Trading, Inc. (MCT) has grown from a boutique mortgage pipeline hedging firm into the industry's leading provider of fully integrated capital markets services and technology. MCT offers an array of best-in-class services and software covering mortgage pipeline hedging, best execution loan sales, outsourced lock desk solutions, MSR portfolio valuations, business intelligence analytics, mark to market services, and an award-winning comprehensive capital markets software platform called MCTlive! MCT supports independent mortgage bankers, depositories, credit unions, warehouse lenders, and correspondent investors of all sizes.

Headquartered in San Diego, California, MCT also has offices in Philadelphia, Los Angeles and Dallas. MCT is well known for its team of capital markets experts and senior traders who continue to provide the boutique-style hands-on engagement clients love.

For more information, visit https://mct-trading.com/ or call (619) 543-5111.

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Media Only Contact:
Ian Miller
Chief Marketing Officer
Mortgage Capital Trading
619-618-7855
pr@mctrade.net

Related link: https://mct-trading.com/

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Alliances and Partnerships, Business, Free News Articles, Software

SimpleNexus and Unify Integrate to Help Mortgage Lenders Streamline the Loan Process, Reduce Application Abandonment

LEHI, Utah -- SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers, real estate agents and settlement agents, today announced a two-way integration with Unify's Business Growth Platform(TM) that streamlines the loan application process to improve efficiency and help mortgage lenders reduce application abandonment.

Through the integration, loan applicant information entered into SimpleNexus automatically creates new contact records in Unify, where mortgage professionals can manage customer relationships and deploy automated marketing campaigns. When SimpleNexus detects a loan application abandonment - which occurs when borrowers start, but do not finish their loan applications - Unify is alerted to this abandonment. Unify can then send automated outreach campaigns, which include pre-written emails, call scheduling and appointment setting. This enables loan originators to convert more "drop-offs" into completed loan applications.

The integration also pushes data from Unify to SimpleNexus. With a simple push of a button, Unify contact record information is sent to SimpleNexus to populate a contact's application record. This eliminates the need for mortgage originators to manually enter information in 32 distinct data fields.

"U.S. mortgage volume is on pace to exceed $4 trillion in 2020 for the first time in history. This unprecedented volume is challenging loan originators to find new ways to be more efficient and productive," said SimpleNexus Founder and CEO Matt Hansen. "By leveraging the combined power of SimpleNexus and Unify, lenders can reduce originators' workloads and keep more business in the pipeline."

"We are pleased to offer clients a tight-knit integration between Unify and SimpleNexus," said Scott Lidberg, President of Unify. "Loan originators are busy, especially in these market conditions, and the automation and efficiencies this integration provides will allow them to manage their days more effectively and grow their businesses."

To see the integration in action, visit https://simplenexus.com/sn/partners/unify/.

About SimpleNexus, LLC:

SimpleNexus is the digital mortgage platform that enables lenders to originate and process loans from anywhere. The company's best-in-class, easy-to-use app connects loan officers to their borrowers, real estate agents and settlement service providers to easily communicate and exchange data in a single location throughout the entire loan life cycle. Loan officers can manage their loan pipelines, order credit, run pricing, send pre-approvals and sign disclosures - all on the go.

About Unify:

Unify is an innovative business growth platform designed specifically for the mortgage industry. Unify helps mortgage banks, community banks, mortgage brokers, credit unions and loan originators more effectively connect with their clients, manage relationships and grow their businesses. For more information, visit https://unifycrm.com/.

Twitter: @SimpleNexus @unifycrm #digitalmortgage #mortgagemarketing

Related link: https://simplenexus.com/

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Aerospace and Aviation, Alliances and Partnerships, Business, Free News Articles

SYNERGY Enters a Strategic Partnership with Airware Transportation & Logistics

NEW ORLEANS, La. -- Synergy is pleased to announce its strategic partnership with recent Ernest N. Morial Small Business of the Year Award winner Airware. Airware is a minority certified business with a long track record of introducing innovation at the local, state and Federal government level.

Synergy was seeking a synergistic relationship with the Federal government to drive the most accurate testing available to support critical infrastructure and emergency response readiness. Airware found a unique way to position and contract with agencies seeking the best testing solutions to combat the current COVID-19 pandemic crisis. In partnership with Airware, Synergy is providing end-to-end solutions including testing, trace mapping and disinfection 30-day protection.

Airware invented the key analytics technology that assesses airline landed weight per month which allows airports to manage their business accuracy and real time certainty. Airware is once again working with Synergy to develop predictive analytics to provide Federal leaders with real-time COVID-19 status in a proprietary format that exceeds current standards and informs policy decisions.

Airware is a full-service Management Consulting firm providing consulting, transportation & logistics, information technology, and small business services to a wide variety of clients in both the private and public sectors. Airware is certified with the City of New Orleans, RTA, DOTD, New Orleans Aviation Board, Sewerage and Water Board, and the State of Louisiana Small Emerging Business-Hudson Initiative, PAUCP, NYNJ Port Authority, NC DOTD, City of NY, City of Atlanta, GADOTD, FDOT, ILDOTD and MSDOTD. Airware has Airware offices are located in New Orleans, Louisiana, Dallas, Atlanta, Georgia & Alexandria, VA. The firm's founder is a native of New Orleans. He is holds degrees and certifications from Stanford and Loyola University.

Airware was founded October 11, 1994 with one employee. Airware has grown from one employee to its current staffing of fort-five (45) professional and support staff. The professional staff is led by Terry Williams, Managing Partner & key Principals with combined financial and business consulting experience of over 50 years.

Airware is organized into four operating groups: Consulting, Information Technology, Small Business Services and Construction management. Airware's management team includes personnel from several "Big Four" CPA firms, as well as Fortune 500 companies in the disciplines of Financial Management and Information Technology. The depth of experience possessed by our management team provides the stability needed to assure that Airware consistently delivers quality services to all our clients. Airware's significant experience ranges from financial analyses to Construction & Program Management (over 1 billion dollars managed in Capital Projects) as the following qualifications and experience suggests.

Ernest N. Morial Small Business of the Year Award

Ernest N. Morial was a civil rights activist and a political pioneer, whose accomplished career encompassed many firsts including the first black mayor of New Orleans in 1977, a position he held for two terms, and the first African American U.S. Attorney in Louisiana. He also created the first office of Economic Development to coordinate the city's efforts to retain and attract business and the first minority business enterprise counselor to assist small and minority-owned businesses.

About Synergy Diagnostic Laboratory, Inc.

SynergyDX is an FDA certified diagnostic laboratory providing the most accurate COVID-19 SARS non-invasive test in the world.

Learn more at https://www.synergydx.com/

If you would like more information about this topic, please email info@synergydx.com

Related link: https://www.synergydx.com/

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Business, Free News Articles, Insurance

Galway Insurance Holdings Secures Majority Interest from Harvest Partners with New Equity Investments from Oak Hill Capital and The Carlyle Group

SAN FRANCISCO, Calif. -- Galway Insurance Holdings ("Galway"), the holding company for EPIC Brokers & Consultants ("EPIC") and JenCap Holdings ("JenCap"), which together represent one of the nation's largest insurance distribution firms, announced today that it has signed a definitive agreement with vehicles controlled by Harvest Partners, LP and its affiliates ("Harvest") for a majority interest of Galway.

Galway's existing private equity investors, Oak Hill Capital ("Oak Hill") and The Carlyle Group ("Carlyle"), will reinvest alongside the management team and employee shareholders, who will remain significant shareholders. Terms of the transaction were not disclosed.

In total, Galway manages over $7 billion of insurance premiums, employs over 3,100 associates and operates over 100 offices serving all 50 states. EPIC and JenCap are ranked as the 14th and 8th largest retail and specialty distribution brokers by Business Insurance magazine, respectively.

John Hahn, co-founder and Chairman of Galway, said, "We are thrilled with the outcome and are excited to welcome Harvest on as partners. To have them alongside Oak Hill and Carlyle presents us with a formidable group of investors highly supportive of our vision to continue to build a differentiated business within insurance distribution. This recapitalization provides us with the ability to be opportunistic in today's market; to grow and expand each of Galway's related specialty strategies around retail brokerage, risk management, wholesale brokerage, program administration and underwriting management."

EPIC CEO, Steve Denton said, "The addition of Harvest Partners and the ongoing commitment of both Oak Hill and Carlyle allows our retail platform to continue our exponential growth in all aspects of our business which now includes comprehensive, nationwide solutions across industry focused practices in employee benefits and property & casualty along with dedicated resources in areas like risk management, small commercial and private clients."

John Jennings, co-founder and CEO of JenCap, said, "This is exactly why we joined the Galway platform; the business dynamics of the holding company are extremely attractive for investors and will allow us to pursue our aggressive growth goals, while building out further specialty expertise and depth across our platform for our twelve thousand retail clients."

Jay Wilkins, COO and Partner of Harvest, said, "John, Steve and John have built an exceptional business with the support of Oak Hill and Carlyle that we look forward to continue aggressively growing" with Steve Carlson, Partner, adding "It is an optimal time to invest in such a strong team to capitalize on favorable dynamics in the insurance distribution space."

Steve Puccinelli, Managing Partner of Oak Hill said, "Since our original 2017 investment in EPIC, John Hahn and his top-tier team have more than tripled the business, significantly expanding that company's unique platform and successfully joining it with JenCap to create Galway in June of this year. We are excited to continue to partner with the Galway management team, as well as Harvest and Carlyle, to build the preeminent growth platform in insurance distribution."

John Redett, Managing Director and Head of Carlyle's Global Financial Services group, said, "We're proud of our long-standing partnership with John Hahn and the rest of the management team. John and the Galway team have done a fantastic job growing the business since we initially invested in 2013 and we believe Galway is positioned to capitalize on a number of strategic initiatives going forward. The addition of Harvest Partners and continued investment from Carlyle, Oak Hill Capital, and management further strengthens our tenured partnership and creates a strong alignment among all stakeholders."

Equity capital for the investment will come from funds managed by Harvest Partners, L.P., Oak Hill Partners Fund V, and Carlyle Global Financial Services Partners II and III.

The transaction is expected to be completed by the end of 2020, subject to customary closing conditions, including regulatory approvals.

Evercore Group LLC, Goldman Sachs & Co LLC and Morgan Stanley & Co LLC served as financial advisors to Galway. Weil, Gotshal & Manges LLP served as legal counsel to Oak Hill and Galway. Wachtell, Lipton, Rosen & Katz served as legal counsel to Carlyle. Ropes and Gray LLP served as legal counsel to Harvest.

About EPIC Insurance Brokers & Consultants

EPIC Insurance Brokers & Consultants, now has more than 2,600 team members operating from more than 80 offices across the U.S., providing Property and Casualty, Employee Benefits, Specialty Programs, and Private Client solutions to EPIC clients. For more information on EPIC, visit: https://epicbrokers.com/.

About JenCap Holdings

JenCap Holdings is a premier national specialty insurance distribution platform that includes managing general agencies, specialty program administrators, and transactional wholesale brokers. JenCap has assembled a management team with the sector insight and experience to drive organic growth and strategic acquisitions leveraging technology and advanced data analytics. JenCap is headquartered in New York. For more information on JenCap, visit: https://jencapholdings.com/.

About Harvest Partners

Founded in 1981, Harvest Partners is an established New York-based private equity investment firm that focuses on investments in middle-market companies in the business services & consumer, healthcare, industrial services, and manufacturing and distribution sectors. This strategy leverages Harvest Partners' nearly 40 years of experience in financing organic and acquisition-oriented growth companies. For more information, please visit https://www.harvestpartners.com/.

About Oak Hill Capital

Oak Hill Capital is a private equity firm managing funds with approximately $15 billion of initial capital commitments and co-investments since inception. Over the past 34 years, Oak Hill Capital and its predecessors have invested in over 90 private equity transactions across broad segments of the U.S. and global economies. Oak Hill Capital applies an industry-focused, theme-based approach to investing in the following sectors: Media & Communications; Services; Industrials; and Consumer, Retail & Distribution. Oak Hill works actively in partnership with management to implement strategic and operational initiatives to create franchise value. For more information, please visit: https://oakhill.com/.

About The Carlyle Group

The Carlyle Group (NASDAQ: CG) is a global investment firm with deep industry expertise that deploys private capital across four business segments: Corporate Private Equity, Real Assets, Global Credit and Investment Solutions. With $230 billion of assets under management as of September 30, 2020, Carlyle's purpose is to invest wisely and create value on behalf of its investors, portfolio companies and the communities in which we live and invest. The Carlyle Group employs more than 1,800 people in 31 offices across six continents. For more information, please visit https://www.carlyle.com/.

Related link: https://www.epicbrokers.com/

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Business, Free News Articles, Software

Synergetics Inc. OpenFLIS Prioritized to Go Through the JAB Authorization Process

FORT COLLINS, Colo. -- The Joint Authorization Board (JAB), consisting of the Chief Information Officers from the Department of Homeland Security, General Services Administration, and Department of Defense, has selected, from the latest round of FedRAMP Connect, Synergetics Inc. of Fort Collins as one of just eight Cloud Service Providers to be reviewed for a Provisional Authority to Operate.

Synergetics and its OpenFLIS solution was selected, from the latest round of FedRAMP Connect, over many other Cloud Service Providers because of the high level of demand for the OpenFLIS solution and the overall quality of the company's business case.

OpenFLIS is an easily customizable, cloud-based data collation, retrieval, and dissemination platform that will be beneficial to the Department of Defense, across every branch of the United States Armed Forces, and civilian Agencies.

OpenFLIS is a modular, unifying, secure, multi-device platform that complements Synergetics' well-established IMD product, which is already used by more than 300,000 mission critical users in thousands of essential systems around the world.

OpenFLIS is poised to become the modernized backbone through which billions of Federal supply chain procurement dollars will flow annually.

Learn more about OpenFLIS at: https://synergetics.com/openflis/

About Synergetics Incorporated:

Synergetics is a longstanding Colorado software engineering company focused on Federal modernization initiatives. Synergetics' software solutions have been trusted for over 25 years by a variety of Government agencies including, the Department of Defense, the National Institute of Health (NIH), the US Geological Survey (USGS), and the US Department of Agriculture (USDA), among others.

Learn more at: https://synergetics.com/.

For more information contact:
Kabir Mehta, COO
Phone: 970.498.9723
Email: fedramp@synergetics.com

Synergetics Incorporated
1520 South College Avenue
Fort Collins, CO 80524

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