SMi Group reports: US DOD can attend Counter UAS Technology for FREE.
With just seven weeks remaining until Counter UAS Technology conference SMi would like to invite US DOD to attend this event for free! Interested US DOD parties can register for free at: http://www.counter-uas-tech.com/PR7EIN
Taking place on 6th to 7th December 2021 in Arlington USA. The 2021 conference will showcase the latest technology in the market to ensure that DoD personnel, equipment, and infrastructure from the proliferation of hostile drones.
Attendees will get the opportunity to meet and Network with international speakers from NATO and aligned nations to discover how they are defending their defence networks from drone attacks.
With the establishment of the US DoD Joint Counter-Small Unmanned Aircraft Systems Office, (JCO) there is now a drive across the US Armed Forces to have a comprehensive and centralised approach to tackling the ever-evolving drone threat facing the nation. With this in mind, there will be a keynote welcoming address on “Developing and Implementing a force-Wide framework for Counter-Small UAS Technology” on day one presented by Ms Nicole Thomas, Division Chief For Strategy And Policy, Joint C-sUAS Office, US DoD.
Key Speakers Include: •Colonel (Retd) Dave Shank, Former Commandant, Army Air Defense Artillery School, Fort Sill, United States Army •Mr Don Kelley, Project Manager, Ground Based Air Defense (GBAD), PEO Land Systems, USMC •Mr Timothy Bennett, Director, Air Domain Awareness, Science & Technology Directorate, Department of Homeland Security •Mr DJ Smith, Technical Surveillance Agent, High Tech Crimes Division/Bureau Of Criminal Investigations, Virginia State Police •Colonel (Retd) Dave Shank, Former Commandant, Army Air Defense Artillery School, Fort Sill, United States Army •Mr Larry Friese Jr, Counter-UAS Red Team Specialist, AISC and Former US DoD Engineer, United States Army •Ms. Nicole Thomas, Division Chief for Strategy And Policy, Joint C-sUAS Office, US DoD •Mr Jeffrey Langhout, Director, Aviation & Missile Center, US Army futures Command •Colonel Loyd beal, Project Manager, Terrestrial Sensors, PEO IEW&S, United States Army •Colonel Scott Anderson, Project Manager for Unmanned Aircraft Systems, PEO Aviation, US Army •Lieutenant Colonel Eric Like, Branch Chief, Cyber Integration & Transition Branch, Information Directorate, US Air force Research Laboratory •Lieutenant Colonel Clifford M. Piernick, Deputy Director, Defensive Base Operations Division, United States Air force •Mr Richard Ast, Deputy Director, Unmanned Systems Technology, Platforms and Weapons Technology Office, Office of the Under Secretary of Defense for Research and Engineering (OUSD R&E)
For Delegate, sponsorship or exhibition queries, contact Justin Predescu on Jpredescu@smi-online.co.uk or call +44 (0)207 827 6130 For media queries please contact Nisha Poyser-Reid at npoyser-reid@smi-online.co.uk –END—
About SMi Group: Established since 1993, the SMi Group is a global event-production company that specializes in Business-to-Business Conferences, Workshops, Masterclasses, and online Communities. We create and deliver events in the Defence, Security, Energy, Utilities, Finance and Pharmaceutical industries. We pride ourselves on having access to the world’s most forward-thinking opinion leaders and visionaries, allowing us to bring our communities together to Learn, Engage, Share and Network. More information can be found at http://www.smi-online.co.uk
Nisha Poyser Reid SMi Group +442078276020 ext. Visit us on social media: Twitter
75 Patient Trial Underway to Evaluate Safety and Efficacy of the VenoValve as a Potential Treatment for Severe Deep Venous Chronic Venous Insufficiency (CVI)
Severe CVI Impacts Approximately 2.4 million U.S. Patients with No Current Effective Treatment Options
enVVeno Medical Corporation (NASDAQ:NVNO) (“enVVeno” or the “Company”), a company setting new standards of care for the treatment of venous disease, today announced that the first VenoValve surgery in the Company’s SAVVE U.S. pivotal trial for the VenoValve® has been successfully completed. The surgery was performed by Dr. Adriana Laser, associate professor of surgery at Albany Medical College and a vascular surgeon with Albany Med Vascular Surgery. The patient has been discharged from the hospital.
“It is an honor to be the first surgeon in the U.S. to implant a device which has the potential to help the millions of people that suffer from the debilitating impacts of Chronic Venous Insufficiency,” said Dr. Laser. “Although the name Chronic Venous Insufficiency may not be familiar to the general public, deep venous CVI has been frustrating the vascular community and our CVI patients for decades, and we are hopeful that the VenoValve will be the first safe and effective treatment option for the disease.”
The VenoValve is intended to restore proper directional blood flow for patients with CVI of the deep veins of the leg. CVI occurs when natural valves inside of the veins fail, causing blood to flow in the wrong direction (reflux), and creating increased pressure inside of the veins of the leg (venous hypertension). CVI can cause the leg to swell, and blood vessels to break, resulting in discoloration, pain, and the breakdown of the skin leading to venous ulcers (open sores) which are difficult to treat.
“Today marks a historical milestone for our Company, having had the first patient treated in the SAVVE U.S. pivotal trial for the VenoValve”, said enVVeno Medical CEO Robert Berman. “We would like to thank Dr. Laser for agreeing to be a part of our study and for treating the first patient”.
The SAVVE (Surgical Anti-reflux Venous Valve Endoprosthesis) U.S. pivotal trial is a prospective, non-blinded, single arm, multi-center trial designed to evaluate the safety and efficacy of the VenoValve to improve lower leg blood flow, alleviate symptoms and improve quality of life for patients suffering from CVI caused by dysfunctional valves in the deep veins of the lower leg. The Company expects to enroll 75 patients at up to 20 centers throughout the U.S.
The device used for the pivotal trial is the same as was used in the successful VenoValve first-in-human trial. Primary endpoints for the U.S. pivotal trial include: the absence of Material Adverse Events (MAEs) in 26% or less of the patients at 30 days post-VenoValve implantation, for the primary safety endpoint; and improvement of reflux of at least 30% at six months following VenoValve surgery, as the primary effectiveness endpoint. MAEs are defined as the composite of all-cause mortality, deep wound infection, major bleeding, ipsilateral deep vein thrombosis (DVT), or pulmonary embolism. Improvement of VCSS and VAS scores are also included in the SAVVE study as secondary endpoints. The Company hopes to have topline safety and/or efficacy data from the SAVVE study by the end of 2022.
Patients suffering from lower leg swelling, pain, non-healing leg sores, enlarged veins, and/or brownish or blueish skin discoloration – who may also have leg pain when standing or walking – may be candidates for the SAVVE trial. Interested patients can learn more about the SAVVE trial and find a study center near them by visiting www.venovalve.com.
CVI is a debilitating condition that can make everyday tasks such as bathing, sleeping and walking extremely difficult. The Company estimates that approximately 2.4 million people in the U.S. have the type of CVI for which the VenoValve is being studied. There are currently no effective treatments for patients with deep venous CVI resulting from malfunctioning valves.
The Company recently announced that the U.S. Food and Drug Administration granted Breakthrough Device Designation status to enVVeno Medical for the VenoValve.
About enVVeno Medical Corporation
enVVeno Medical (NASDAQ:NVNO) is an Irvine, California-based medical device company focused on the development of innovative bioprosthetic (tissue-based) solutions to improve the standard of care in the treatment of venous disease. The Company’s lead product, the VenoValve®, is a first-in-class implant being developed for the treatment of deep venous Chronic Venous Insufficiency (CVI). In healthy patients, valves inside the veins of the leg assist in propelling blood up the leg, and back to the heart and lungs. Affecting approximately 2.4 million people in the United States, CVI occurs when valves inside of the veins of the leg become damaged, resulting in the backwards flow of blood (reflux), blood pooling in the lower leg, increased pressure in the veins of the leg (venous hypertension) and in severe cases, venous ulcers that are difficult to heal and become chronic. Implanted into the femoral vein, the VenoValve is designed to act as a one-way valve, to help restore proper blood flow in the leg. The VenoValve is currently being evaluated in the SAVVE pivotal study with data expected in late 2022.
Cautionary Note on Forward-Looking Statements
This press release and any statements of stockholders, directors, employees, representatives and partners of enVVeno Medical Corporation (the “Company”) related thereto contain, or may contain, among other things, certain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve significant risks and uncertainties. Such statements may include, without limitation, statements identified by words such as “projects,” “may,” “will,” “could,” “would,” “should,” “believes,” “expects,” “anticipates,” “estimates,” “intends,” “plans,” “potential” or similar expressions. These statements are based upon the current beliefs and expectations of the Company’s management and are subject to significant risks and uncertainties, including those detailed in the Company’s filings with the Securities and Exchange Commission. Actual results (including, without limitation, with respect to our name change, our progress with the VenoValve and the expected timeline related to the SAAVE U.S. pivotal trial, including the timing of beginning patient enrollment, the VenoValve’s ability to fill the unmet medical needs of CVI sufferers and our development of a second device for the treatment of venous disease) may differ significantly from those set forth or implied in the forward-looking statements. These forward-looking statements involve certain risks and uncertainties that are subject to change based on various factors (many of which are beyond the Company’s control). The Company undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information, future presentations or otherwise, except as required by applicable law.
The global Spark innovation sphere by Les Roches has grown rapidly in a year, attracting important partners. Spark is specifically aimed at supporting promising projects in the field of hospitality through its platforms deployed on the academic institution’s Crans-Montana campus in Switzerland and the Marbella campus in Spain. The Valais innovation cluster now has its own facilities located in the heart of the famous Hospitality Management School.
The global Spark innovation sphere by Les Roches has grown rapidly in a year, attracting important partners. Spark is specifically aimed at supporting promising projects in the field of hospitality through its platforms deployed on the academic institution’s Crans-Montana campus in Switzerland and the Marbella campus in Spain. The Valais innovation cluster now has its own facilities located in the heart of the famous Hospitality Management School.
In June 2020, Les Roches and the Association of Communes of Crans-Montana (ACCM) announced that they were joining forces to create an innovation cluster to develop the future of hospitality. Spark, a global sphere dedicated to fostering innovation – particularly among stakeholders in the hotel, tourism, luxury and catering sectors – was subsequently formed and is part of the region’s economic development strategy which is attracting an increasing number of start-ups.
Spark offers consulting, research and support services for projects with advanced technological and digital resources. The sphere also provides pre-incubation and incubation services for young companies with innovative ideas.
The Spark ecosystem now brings together a significant network of experts both locally and internationally. More than 35 partner companies are already working together in the Swiss hub on large-scale projects, such as the collaboration with Nevomo on the definition and development of customer experience applied to hyperloop and MidRail transportation.
The world of the Spark Hospitality Digital Center is composed of four completely redesigned spaces. Two of them are designed to facilitate collaborative work and creativity: the Development Centre and the Incubation Center. The other two serve as experimental laboratories: the Media Center for communication, and the Test Center for virtual reality projects.
Finally, Spark is also integrated into the entire academic program, placing innovation and entrepreneurship at the heart of the Les Roches school lifestyle; and inviting students, alumni and industry partners to work together to develop and test new hospitality solutions in live labs on campus. Students have the opportunity to work on real business consulting and academic challenges confronting authentic business or industrial cases provided by the industrial partners.
Christine Demen-Meier, Les Roches Managing Director Worldwide, who initiated the project, says: “The innovation center is an educational tool that we have placed at the core of our programs. It is a driver of inspiration and emulation in terms of creativity, involving real academic challenges. Les Roches aims to encourage an entrepreneurial and innovative spirit in our students. This is a crucial teaching objective to achieve in order to train those who will be the future leaders of tomorrow’s hospitality industry.”
Spark, Innovation Sphere by Les Roches is unique in the hospitality sector internationally. This specificity complements an academic sector where Switzerland is recognized for the excellence of its hotel schools.
Pablo Garcia, Director of Spark Crans-Montana, concludes: “Spark and Les Roches, with its partners, teachers and students, are already creating the future of the hotel industry, providing concrete and operational solutions to a sector undergoing a complete digital transformation.”
About Les Roches Les Roches is a Swiss institution focused on creating the innovative and entrepreneurial minds of tomorrow. Founded in 1954, Les Roches offers both undergraduate and graduate degrees in Hospitality and Tourism Management following the Swiss model of education. With three campuses across Switzerland, Spain, and China; a student body of more than 100 different nationalities, the institution provides students with a unique culturally diverse experience. As of 2021, Les Roches also has an academic alliance with the Indian School of Hospitality (ISH) with a partner campus in Gurugram (Delhi NCR).
Les Roches ranks world’s four for higher education institutions in Hospitality Management, and three for Employer Reputation (QS World University Rankings, 2021). Part of Sommet Education, worldwide leader in hospitality education, Les Roches is accredited by the New England Commission of Higher Education (NECHE).
Nevomo – Spark collaborates with Nevomo to define & develop the future hospitality customer services & experiences for hyperloop and Midrail transportation.
VIMA – Spark collaborates with Vima to create a solution, supported by Artificial Intelligence, to better understand how hospitality employees are perceived by others, and how to ensure their well-being.
Simprosoft – Spark collaborates with Simprosoft to create a VR training solution for customer services.
Smyze – Spark collaborates with Smyze to create the hyper-personalization of their barista robot.
PRE:MIND – Spark collaborates with PRE:MIND to create an IoT solution to hyper-personalize customer services at hotels, restaurants, transportation, cruises etc.
FANUC & Supsi – Spark collaborates with FANUC and Supsi to create the first housekeeping collaborate robot.
One Visage – Spark collaborates with One Visage to create the first GDPR compliance Facial Recognition Check-in kiosk.
DJI – Spark collaborates with DJI to research how DJI technology could be used at hotels to enhance this industry revenue and improve marketing.
Qiibee – Spark collaborates with Qiibee to create the first block chain loyalty program to enhance sustainability at hospitality properties.
Shodan today announced Shodan Trends, a new product. It is a website that lets users search across the history of the Internet to discover trends in the types of services and devices that are publicly accessible.
“Discovering trends is the original reason that Shodan was created,” says John Matherly, founder at Shodan. “It’s great to finally deliver a turn-key solution for exploring how the Internet is changing.”
Features and benefits of Shodan Trend include:
– See how technology use has changed over time (ex. Growth of Let’s Encrypt certificates) – Explore how policy changes have impacted the Internet (ex. Growth of Internet infrastructure in Indonesia) – Discover how networks have changed (ex. See how quickly a hosting provider patches their services)
Shodan Trend is available today for all Shodan customers at no additional cost. For more information on Shodan Trends visit https://trends.shodan.io
About Shodan: Shodan® provides Internet intelligence products and is known for the world’s first search engine for Internet-connected devices. The Shodan platform provides real-time information about the Internet to more than 4 million users, including 90% of the Fortune 100. And its Shodan Monitor product is used to protect more than 2% of the Internet. Shodan enables organizations to make better, data-driven decisions based on the most comprehensive Internet intelligence platform available.
PROSHRED® Security is pleased to announce a strategic alliance with CB Tech to expand its capabilities nationwide and provide customers with an unprecedented network of qualified subcontractor relationships to augment PROSHRED®’s coverage in over 40 major US markets.
PROSHRED® Security is pleased to announce a strategic alliance with CB Tech to expand its capabilities nationwide and provide customers with an unprecedented network of qualified subcontractor relationships to augment PROSHRED®’s coverage in over 40 major US markets.
This alliance will create a seamless and integrated shredding and information security experience for our customers while providing our clients with an increased number of locations and options for efficient information destruction and protection solutions. PROSHRED®’ solutions include paper shredding services, scanning and digital imaging services, media destruction, product destruction, and secure electronic recycling services. “Partnering with CB Tech allows us to expand our reach and service multi-location accounts even more effectively. Together with CB Tech, we plan to offer unique capabilities for facilities services firms, information management firms and as noted, multi-location accounts.” said Jeffrey Hasham, Chief Executive Officer of PROSHRED® Security.
“PROSHRED® offers state-of-the-art mobile shredding solutions and information protection services,” said Jeff Davis, president and CEO of CB Tech. “We are excited to utilize our technology and project management expertise to provide businesses with an efficient information protection solution to improve productivity, protect confidential information and ensure compliance.”
PROSHRED® Security holds the ISO 9001 and NAID certifications, ensuring a secure chain of custody to meet all regulatory and industry requirements. PROSHRED® serves a variety of industries including healthcare, professional services, insurance, manufacturing, financial, government and legal institutions.
In addition, CB Tech provides project, program, and fleet management through its proprietary Service Management Accounting and Reporting Technology (SMART); the IT platform by which all document services are tracked and managed. CB Tech holds Corporate Plus® status by the National Minority Supplier Development Council for its capacity to handle national contracts for major corporations. Through this strategic alliance, CB Tech will be able to offer their clients information destruction, e-waste services and scanning services through this relationship with PROSHRED®.
GlobalSearch for Tax Compliance helps organizations securely collect, store, manage, and retrieve important tax information
Square 9 Softworks®, developers of award-winning enterprise content management (ECM) and digital transformation solutions, is proud to announce the expansion of Digital Transformation Essentials with a new solution for staying in compliance with Federal, State, and Local tax mandates.
Businesses are required to collect federally mandated documents for tax reporting purposes. This includes Reseller Certificates, Tax Exempt certifications, and the federal W-9 for collecting reporting information from independent contractors. Businesses who pay vendors or contractors $600 or more during a tax year are required by law to report these payments to the Internal Revenue Service (IRS) using a Form 1099-MISC. Organizations in violation of the mandates surrounding collecting and retaining these critical tax documents are subject to penalties and additional withholding taxes.
The Tax Compliance solution available in Digital Transformation Essentials includes pre-built, downloadable W-9 web forms that make collecting completed W-9s fast and simple for any business, regardless of their size or industry. As part of Digital Transformation Essentials, the new Tax Compliance offering provides the secure collection of tax documents with permission-based access and retrieval of sensitive information in a SOC, 1, SOC 2, and HIPAA compliant cloud repository. To further protect and secure information, the Tax Compliance solution provides for the encrypted transfer and storage of these documents as well as audit trail logs of each user by date.
“We realized there is an opportunity to help businesses simplify their tasks related to managing their Form 1099-MISC, Form W-9, and Tax Exempt Certificates,” said Stephen Young, CEO of Square 9 Softworks. “Our goal is to help businesses simplify common tasks by digitally transforming inefficient processes. By developing a solution that checks and manages tax form status and then securely collects vendor and contractor W-9’s through a web-driven process, organizations will find it easier, faster, and more secure to get business done,” said Young.
With the release of Digital Transformation Essentials and GlobalSearch for Tax Compliance, Square 9 remains committed to feedback within its user community to ensure its continued focus on customer innovation. For more information, please visit https://info.square-9.com/tax-compliance
This may well be the golden age of alternatives thanks to the relentless popularity of Bitcoin, NFTs, and the more prosaic private equity and venture capital. Last year Preqin predicted AUM for alts would hit $17 trillion by 2025, a 60% increase from $10.74 trillion at the end of 2020.1 Much of this growth is being driven by the big institutional players, but there’s growing interest from retail investors seeking greater portfolio diversification and higher returns.
Andrew Peek, CEO of Delphia, recently launched a Substack newsletter named Alt Class to address the growing interest and information needs of smaller retail investors. His approach focuses on providing individual investors with the knowledge they need to make appropriate decisions about their own portfolio allocations.
“Institutions are used to including alternatives in portfolio construction”, comments Peek. “They’re used to marrying it with real estate, equities, and bonds. That’s simply not something that’s being discussed right now at the retail level.
“There’s the traditional notion that a good portfolio is 60% equities to 40% percent bonds. This is undoubtedly changing now, but there’s a wider conversation that’s yet to be had regarding allocations of alternatives. For example, there’s little information or guidance on how much cryptocurrency would be appropriate for a typical retail investor or what an overall alternatives allocation target should look like.”
According to Preqin’s aforementioned report, average allocation to alternatives sits at 27% for pensions and 29% for endowments. In stark contrast, retail investors are allocating just 5% of their portfolio to alts. The implication is that retail investors may be missing out on the potential benefits of this rapidly-expanding sector. It’s an issue that’s already on the radar of the SEC who expanded the definition of “accredited investor” in August 2020 and expects total individual investable assets to rise from $70tn in 2018 to $106tn in 2025.2
While this change will affect a relatively small number of wealthy individuals who are now able to achieve accreditation, a more pressing issue is broadening access to the wider retail investor community.
Peek’s weekly newsletter will provide subscribers with exclusive in-depth analysis of the latest alternatives trends. Topics already covered have included fine wine and sneakers, with coverage of private equity, cryptocurrencies, commodities, and NFTs already in the pipeline.
“Alternative investments all require significant research and understanding before you part with any capital”, explains Peek. “That’s where Alt Class can help by providing regular updates and in-depth analysis on different alternative investments. We make it easier for retail investors to get up to speed faster and make investment decisions which are right for your portfolio.”
As well as being a serial entrepreneur and angel investor, Peek is no stranger to championing the smaller retail investor. He recently founded Delphia, an app-based investment platform that uses machine learning to make predictions across a large breadth of US equities. While Delphia runs on commercial data today, soon retail investors will be able to invest both their investment capital and their personal data, which Delphia hopes will generate Wall Street-beating returns.
“I co-founded Delphia because I’m passionate about levelling the playing field for retail investors”, adds Peek. “Our work focuses on making quantitative hedge fund strategies available to retail investors for free. By pooling data on things like Amazon purchase histories, Robinhood trading data, and social media activity, it’s possible to help retail investors compete against the big institutional players if we act as a collective.”
Tech-driven innovators like Delphia, combined with SEC involvement in broadening access,
may well herald a brand-new age for alternative investments. And perhaps more importantly, this time there’s a place at the table reserved for retail investors.
Sunline Energy just announced their entire company of 97 employees are now fully vaccinated against COVID-19.
Sunline Energy just announced their entire company of 97 employees are now fully vaccinated against COVID-19. This gives Sunline the distinction of being the first solar and roofing company of its size to achieve a 100% vaccine rate in the state of California. As one of the leading solar and roofing companies in San Diego, Sunline knows that safety should always be the number one priority when providing services to its customers.
From the beginning of the COVID-19 pandemic Sunline took extraordinary steps to ensure that everyone in the company remained safe and healthy. Prior to the availability of a vaccine, the company did everything possible to minimize risk while still operating an essential business. Protective personal equipment including face coverings and gloves were mandated, in addition to providing personal hand sanitizer and water bottles to each member of the entire team.
“As a pillar of the San Diego Solar community we know it’s our responsibility to lead by example when it comes to not only technology and innovation, but safety as well,” says Sunline CEO Matt Margolin. “We are incredibly proud of our team for taking the necessary steps to protect the health and well-being of both our clients and our company – it truly means the world to me.”
Sunline Energy maintained full operations throughout the pandemic and continues to offer practical and affordable solar and roofing solutions to all in the greater San Diego area. For more information, please visit https://www.sunlineenergy.com
About Sunline Energy Sunline Energy is a privately-owned solar energy contractor that designs and installs customized solar energy systems for residential and commercial clients in San Diego County.
eGroup is excited to announce that they have received a substantial investment from Evolute Capital, a Dallas, Texas-based middle-market private equity investment firm focused on building a best-in-class IT Services platform. Evolute made the investment in partnership with Hunt Technology Ventures, LP, the technology investment management arm of a large Dallas, Texas-based independent family focused on transforming the technology services sector through targeted investments in highly desirable IT services companies. eGroup, a services-led cloud and managed services firm headquartered in the Southeast United States, delivers “speed and certainty” with digital transformation initiatives for mid-market and enterprise clients across the nation. Founder and CEO Mike Carter will continue to lead eGroup.
A globally recognized cloud services provider, eGroup has seven Microsoft Gold competencies including Gold Cloud Platform (Microsoft Azure), Gold Cloud Productivity (Microsoft 365), and is an “Elite” Microsoft Security and Management Partner with an Advanced Specialization in Azure Virtual Desktops. Since 1999, eGroup has completed thousands of data center modernization and cloud migration engagements and is sought for its IT Managed Services based on deep market expertise and a proven ability to execute. eGroup is one of the few companies to make the Inc. 5000 list of the fastest-growing private companies in America for multiple back-to-back years and is the only IT management company in South Carolina to ever be recognized on Inc.’s “Best Places to Work” list. eGroup has appeared on the Managed Services Provider 500, Solution Provider 500, and Tech Elite 250 list every year for the past decade, and was most recently awarded the Nutanix 2021 Global Portfolio Champion of the Year award – which recognizes eGroup for enabling one of the most comprehensive and digitally transformative hybrid cloud journeys for customers.
Evolute Capital and Hunt Technology Ventures sought the partnership opportunity with eGroup based on the depth, knowledge, and impressive track record of eGroup’s management team, coupled with eGroup’s desire to bring on a financial and strategic partner. The investment from Evolute Capital provides eGroup with substantial resources to accelerate its strong industry position in the cloud and managed services sector, which includes the acquisition of other digitally transformative solution and services providers throughout the nation, while organically building upon its strong expertise and positioning within the Microsoft ecosystem. The investment further provides eGroup with the resources to acquisitively expand its cloud services and geographic presence across the nation. Specifically, eGroup plans to expand its sales, marketing, and service delivery teams while acquiring new capabilities that enhance the digital transformation journey for clients.
Mike Carter, Founder and CEO of eGroup, noted, “At eGroup we love working with smart people who know how to get things done. It’s energizing to work with a team that has intentionally and successfully grown companies while fostering a culture that puts the customer first, rewards team performance, and encourages and recognizes individual success. As we turn our attention to expanding the world-class capabilities that keep our clients at the center of the outcomes we deliver, I’m thrilled to work alongside new team members who appreciate what it means to be ‘part of the family’ while creating growth opportunities for customers and team members.”
Brendan Achariyakosol, Founder & Managing Member of Evolute Capital, commented, “eGroup is a true market leader in complex cloud transformation, managed services, and data center services, and has built a tremendous reputation of supporting their customers in whichever stage of IT modernization they are going through. Furthermore, we feel eGroup’s most impressive achievement is the tremendous team they have built and we are proud to be their partner and to support them through the next phase of their journey.”
Hunt Allred of Hunt Technology Ventures, noted, “Prioritizing the client and work quality, Mike Carter and eGroup define every quality that we look for in a business partner. We look forward to helping them grow their capabilities and product offerings to better serve their clients globally.”
CFA Investment Banking, a national investment banking firm, represented eGroup in this transaction.
ABOUT EVOLUTE CAPITAL, LLC
Evolute Capital is a middle-market private equity investment firm focused on partnering with preeminent management teams with a strong desire to accelerate growth through the next several levels. Evolute has a focus on building a leading IT service platform to address the growing digital transformation and IT modernization needs of an evolving customer base. Evolute’s growth initiatives for eGroup include both organic and acquisition strategies to gain market share and remain on the cutting edge of technical expertise to continue to serve its growing customer base.
ABOUT HUNT TECHNOLOGY VENTURES, LP
Hunt Technology Ventures is the technology investment management arm of a large Dallas, Texas-based independent family with a focus on transforming the IT services sector. Hunt Technology Ventures has a desire to grow eGroup through acquisitive and organic initiatives while recognizing that eGroup has the capability to pursue both avenues without detracting from the current strategy and growth trajectory. Hunt Technology Ventures’ plan is to work with eGroup to build, develop and carry out a strategy of oversized growth through acquisitions as eGroup will have access to, and the support of, its’ vast financial and operational resources.
ABOUT EGROUP
With over 20 years of experience and a comprehensive cloud and data center solutions portfolio, eGroup delivers outstanding results for customers across the nation. eGroup takes pride in delivering white-glove service to all clients and is proud to showcase that in a YoY 100% Customer Satisfaction Score. By aligning client needs with exceptional solutions, services, and support, eGroup makes businesses more productive, efficient, and competitive.
Jimmy’s Jazz & Blues Club Features NEA Jazz Master & Legendary Saxophonist CHARLES LLOYD and 6x-GRAMMY® Nominated Pianist GERALD CLAYTON on October 29, 30, 31 at 7:30 PM.
NEA Jazz Master & Legendary Saxophonist CHARLES LLOYD will grace the stage at Jimmy’s Jazz & Blues Club with 6x-GRAMMY® Nominated Pianist GERALD CLAYTON, Multi-GRAMMY® Nominated Drummer ERIC HARLAND, and Bassist HARISH RAGHAVAN on October 29, 30 and 31 – joining Jimmy’s Jazz & Blues Club’s 2021 Schedule which features 17 GRAMMY® Award-Winning Jazz & Blues Artists.
Jimmy’s Jazz & Blues Club announces NEA Jazz Master & Master Saxophonist CHARLES LLOYD playing with 6x-GRAMMY® Nominated Pianist GERALD CLAYTON, Multi-GRAMMY® Nominated Drummer ERIC HARLAND, and Talented Bassist HARISH RAGHAVAN on October 29, 30 and 31.
NEA Jazz Master & Master Saxophonist CHARLES LLOYD, now in his eighth decade, has never sounded better. The depth of his sound reflects a lifetime of experience. Charles Lloyd concerts and recordings are events of pristine beauty and elegance, full of intensely felt emotion and passion that touches deep inside the heart. This is not entertainment, but the powerful uncorrupted expression of beauty through music.
JAZZWISE said this of Master Saxophonist Charles Lloyd, “Lloyd is one of the greats, rather like Joan Miro in modern art, he has no peer save himself. Music of total transport and delight.”
THE NEW YORK TIMES stated, “Mr. Lloyd has come up with a strange and beautiful distillation of the American experience, part abandoned and wild, part immensely controlled and sophisticated.”
6x-GRAMMY® Nominated Pianist GERALD CLAYTON searches for honest expression in every note he plays. Expansion has become part of Clayton’s artistic identity. His GRAMMY® Nominations include “Best Improvised Jazz Solo” as well as “Best Jazz Instrumental Composition” and “Best Jazz Instrumental Album”.
Multi-GRAMMY® Nominated Drummer ERIC HARLAND is the most in-demand drummer of his generation. He has already been featured on over 400 recordings with various artists.
Bassist HARISH RAGHAVAN appears regularly on the international festival circuit, including throughout more than 100 countries on nearly every continent. THE NEW YORK TIMES called Raghavan, “One of the most exciting young bassists in jazz.”
“Charles Lloyd is a legendary saxophone player. He is one of the greatest jazz musicians alive today and we are so excited he is performing at Jimmy’s Jazz & Blues Club with such a talented group of jazz artists,” said Suzanne Bresette, Managing Director, Programming at Jimmy’s Jazz & Blues Club. “Gerald Clayton is exceptional – he will be Jimmy’s third GRAMMY® Nominated Pianist to play our new Steinway & Sons Piano – and our audiences are enthusiastically waiting for this jazz foursome to put on an outstanding show!”
Jimmy’s Jazz & Blues Club’s 2021 Schedule now includes 17 GRAMMY® Award-Winning Artists and a list of Jazz and Blues musicians with over 150+ GRAMMY® Award Nominations amongst them. Visit Jimmy’s Online Event Calendar for Jimmy’s Jazz & Blues Club’s complete 2021 Schedule. Subscribe to Jimmy’s Email Newsletter to stay informed on new jazz and blues artist announcements, tickets, special offers, Jimmy’s Sunday Jazz Brunch, and much more.
ABOUT JIMMY’S JAZZ & BLUES CLUB The mission of Jimmy’s Jazz & Blues Club is to provide guests a one-of-a-kind, world-class experience featuring serious jazz and blues music served with exceptional southern-inspired cuisine. Jimmy’s Jazz & Blues Club features a spectacular and visually breathtaking environment engineered to deliver the highest quality acoustics while utilizing state-of-the-art production, sound and lighting technologies. It is located within a beautifully restored 1905 building at 135 Congress Street in the heart of historic downtown Portsmouth, New Hampshire. For more information visit http://www.jimmysoncongress.com.