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American Discovery Capital Announces Strategic Growth Investment in SmartBug Media®
American Discovery Capital (ADC)—a private equity firm focused on investing in leading family-owned and middle market companies in high-growth sectors—today announced its strategic growth investment in and partnership with SmartBug Media®. SmartBug® is the highest-rated HubSpot partner in the world and a leading Intelligent Inbound® marketing agency that assists businesses in generating leads, increasing awareness, and building brand loyalty through inbound marketing, digital strategy, design, marketing automation, and public relations. As part of its investment strategy, ADC will work closely with SmartBug to develop new growth channels and expand the company’s capabilities and team, while supporting its continued delivery of the highest levels of customer service and value.
ADC focuses on partnering with business owners and entrepreneurs who have built successful, established businesses with strong fundamentals that can benefit from ADC’s operational experience and capital to support future growth. Its partnership with SmartBug demonstrates ADC’s ability to identify unique investment opportunities and exemplifies its partnership approach with innovative owners and entrepreneurs.
“SmartBug demonstrates the quality and attractive attributes we look for in an investment,” said Mike Denbeau, partner at ADC. “Its unique business model—which includes strong and steady growth, recurring revenue and long-term customer relationships, a strong culture of innovation, and a unique ‘remote’ business model that provides access to a nationwide talent recruitment pool—has already proven very successful in the digital agency space and is one we look to build upon in partnership with the company’s highly talented management team.”
John Joliet, partner at ADC, added, “Over a decade ago, Ryan Malone anticipated the coming shift from traditional outbound marketing to data-driven, inbound marketing services for middle market growth companies, and he saw an opportunity to build a world-class professional team by employing an innovative ‘remote’ business model. We believe this unique philosophy has paved the way for SmartBug to develop its strong reputation throughout the industry as a market leader and respected advisor, which has resulted in numerous awards and accolades over the past few years. ADC believes that SmartBug’s ability to ‘productize’ this value in a recurring, long-term relationship model using its proprietary recruitment, employee training, and customer delivery processes makes its future prospects even more compelling.”
SmartBug has a number of unique and impressive attributes that made it an attractive investment for ADC:
- SmartBug is a leader in the high-growth inbound marketing sector, which is benefiting from a rapid shift of spend from traditional outbound marketing channels to data-driven, digital inbound marketing.
- Unlike the traditional agency model, which has historically focused on project-based, short-term campaign work that can be high cost with unclear ROI implications for the client, SmartBug offers customers a compelling, data-driven retainer model. This model allows customers to outsource their digital marketing needs on a turnkey basis, driving long-term value for the client with a heavy emphasis on ROI.
- The need for SmartBug’s services is especially mission-critical in the large middle market segment of the U.S. economy, where companies typically do not have in-house digital marketing capabilities and access to the level of marketing talent that larger firms possess, creating a large untapped opportunity for SmartBug.
- As the highest-rated HubSpot Partner in the world and HubSpot’s Global Partner of the Year, SmartBug has won a number of prominent industry awards recognizing the quality of the company’s work product, team, and workplace culture, including winning more than 150 MarCom Awards in the past two years alone, making the Inc. 5000 list three years in a row, being named to the inaugural Adweek 100: Fastest Growing Agencies list, and earning a number of Comparably and Great Place to Work® awards.
- SmartBug’s strong value proposition and unique retainer model have driven strong growth for the company and provide a reliable base of recurring revenue to re-invest in growing the company’s customer relationships and talent.
“We are very excited to partner with ADC, and we feel like their team and goals align fully with our values, our remote business model, where we believe the market is headed, and most importantly, our people,” said Ryan Malone, founder and CEO of SmartBug Media. “The ADC team is a uniquely talented and forward-looking group that understands and values the overarching purpose of our remote model: that you can win in business while retaining the flexibility to do the things that matter to you and your family. We believe there is a large, underserved opportunity to provide high quality digital marketing services to clients with the cost certainty and emphasis on ROI that clients highly value and our unique model affords, at scale—and we are excited to partner with ADC to address this compelling market need.”
SOURCE American Discovery Capital
Fintech PR
CCTV+: From Silk Road Gateway to Global Innovation Hub: Xi’an Advances Industrial Upgrades and International Cooperation
XI’AN, China, Nov. 2, 2024 /PRNewswire/ — Xi’an, an ancient capital and starting point of the Silk Road, is growing rapidly into a cosmopolis of technological innovation, industrial transformation and international cooperation. The city is becoming a global hub for innovation and economic cooperation and a destination that converges historical heritage with modern creativity. By leveraging initiatives in New Quality Productivity, the Internet of Things, high-tech industries, culture, and international business services, Xi’an showcases its dynamic blend of past and future.
Industrial Development: Technology and Innovation Drive Emerging Industry Clusters
Aiming to establish itself as an international hub with rapid scientific and technological innovation, Xi’an is now building a comprehensive national science center and a center for science and technology innovation.
The Silk Road Technology City is now home to more than 4,000 companies and has fostered two major industry clusters, in optoelectronics and automobiles, each worth tens of billions. Leading industry giants like BYD and Samsung have established themselves here, taking advantage of Xi’an’s robust policy support for innovation-led growth. LONGi, a world leader in solar technology, is actively building Shaanxi’s 100-billion-grade silicon-based solar PV industry innovation cluster, driving industry-wide growth through R&D and supply chain expansion; while BYD’s comprehensive new energy vehicle industry chain has also positioned Xi’an as a key base for new energy technology and electric vehicles.
Belt and Road Hub: Connecting Development Across Borders
As a central hub along the Belt and Road, Xi’an recently hosted the Belt and Road Forum for International Think Tank Cooperation, fostering collaboration and advancing connected, networked development through the trans-Eurasian transport corridor. With growing trade opportunities, Xi’an is also expanding its reach into international markets, particularly in Central Asia, exporting specialty agricultural products like kiwi fruit.
Through conventions and conferences, Xi’an has demonstrated its significant potential for international economic cooperation, establishing stronger ties in Central Asia and Belt and Road countries.
New Quality Productivity: Smart Technologies and Advanced Manufacturing Fuel Growth
New Quality Productivity is driving Xi’an’s high-quality development leveraging smart technologies and intelligent manufacturing. Local enterprises like SUNNYIT are promoting innovative applications of IoT technologies to tackle industry bottlenecks, Xi’an Chinastar M&C Limited is supporting real-time urban management with products including smart manhole covers and parking monitoring systems to support urban safety and municipal services.
Industrial robots and intelligent manufacturing are also accelerating Xi’an’s industry transformation. Xi’an Aerospace Automation’s 4,000-kilogram robot, designed for warehouse logistics, highlights the city’s advancements in high-load, high-precision applications.
High-Quality Development: Digital Technology Empowers Xi’an’s Smart City Ambitions
Xi’an is progressing in smart city development, enabling companies to utilize big data and AI for comprehensive traffic analysis, enhancing traffic management efficiency, and establishing a “transportation+” multi-scenario service system to improve travel experiences.
Xi’an looks to cooperate with more companies and research institutions in fields of environmental protection, water-related affairs, education, and urban management with the goal of promoting technological breakthroughs in areas such as intelligent video analysis and large-scale AI models, empowering city management and services through digital technologies and support the development and innovation of companies in the city.
Opening Up to the World: Xi’an Shares Its Story and Strengthens Business Environment
The newly established Xi’an International Communication Center shares Xi’an’s story in multiple languages, promoting Chinese culture and positioning Xi’an as a major platform for cultural exchange. Additionally, a legal service center in Xi’an Chanba International Port now offers comprehensive legal support, fostering a fair and just international business environment.
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View original content:https://www.prnewswire.co.uk/news-releases/cctv-from-silk-road-gateway-to-global-innovation-hub-xian-advances-industrial-upgrades-and-international-cooperation-302294686.html
DUBAI, UAE, Nov. 2, 2024 /PRNewswire/ — KuCoin, a global leader in the cryptocurrency exchange arena, is thrilled to announce its active participation at this year’s premier TON community event, The Gateway. The annual conference, renowned for uniting key players in the TON ecosystem, aligns perfectly with KuCoin’s mission to democratize cryptocurrency and expand its reach across the globe.
Representing KuCoin at the event was Alicia, who took part in the insightful panel discussion on “Perspective Sectors on TON for VCs and Exchanges.” Her presence underscored the vibrant potential of the venture capital market within emerging blockchain technologies, particularly the TON ecosystem. Alicia’s discussion highlighted how TON’s seamless integration with Telegram presents unique opportunities for innovation and user engagement, resonating with KuCoin’s strategic initiatives to bridge social connectivity with financial transactions.
“TON’s integration with Telegram not only simplifies the user experience but also amplifies it, making it a gateway for millions to engage with Web3 technologies,” Alicia stated. She emphasized KuCoin’s commitment to leveraging this synergy to enhance secure, user-friendly trading experiences, thus furthering its mission of putting crypto in every pocket.
KuCoin’s participation in The Gateway event reinforces its dedication to fostering a secure, robust, and accessible trading environment, paving the way for a new era of crypto and blockchain integration.
About KuCoin
Launched in September 2017, KuCoin is a leading cryptocurrency exchange with its operational headquarters in Seychelles. As a user-oriented platform with a focus on inclusiveness and community engagement. It offers over 800 digital assets across Spot trading, Margin trading, P2P Fiat trading, Futures trading, and Staking to its 36 million users in more than 200 countries and regions. KuCoin ranks as one of the top 6 crypto exchanges. KuCoin was acclaimed as “One of the Best Crypto Apps & Exchanges of June 2024” by Forbes Advisor and has been included as one of the top 50 companies in the “2024 Hurun Global Unicorn List”. Learn more at https://www.kucoin.com/.
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View original content:https://www.prnewswire.co.uk/news-releases/kucoin-shines-at-the-gateway-event-advocating-for-blockchain-innovation-through-ton-302294685.html
Fintech PR
UBS Asset Management launches its first tokenised Money Market Fund, available through DigiFT
SINGAPORE, Nov. 2, 2024 /PRNewswire/ — UBS Asset Management, launches its first tokenized investment fund “uMINT”, made available through authorized distribution partner, DigiFT.
With DigiFT, investors can subscribe to uMINT using their preferred custody wallet solution, gaining access to real-time redemption capabilities via DigiFT’s platform. uMINT, a Money Market investment underpinned by high quality money market instruments based on a conservative, risk-managed framework, is built on Ethereum distributed ledger technology and issued under UBS Tokenize, UBS’s in-house tokenization service, a full service offering for digital asset services, that seeks to open the door to the world of decentralized finance to a broader range of market participants.
“We’re honoured to be an authorized distribution partner for UBS Asset Management in launching their first tokenized money market fund. This is a significant milestone in the world of Web3, and a testament of our ability to transform capital markets. Not only does this partnership bridge traditional finance with digital and decentralized technologies, it also demonstrates our ability to deliver next-generation investment solutions on an open network – for a new generation of global investors,” said Henry Zhang, Founder & Chief Executive Officer of DigiFT.
As part of the partnership, DigiFT will provide infrastructure for managing and monitoring on-chain distribution activities and transactions for the new tokenized money market fund. Enabled by blockchain technology, DigiFT’s best-in-class, open infrastructure ensures all transactions are stored and recorded on an immutable ledger, providing real-time operational and audit visibility. Beyond streamlining administrative processes, DigiFT is able to leverage smart contracts and facilitate automated compliance and operational efficiencies, further allowing investors to invest and explore new financial Web3 use cases.
DigiFT is the first exchange deploying smart contract methods and processes, with an automatic market-making mechanism, to be recognized as a Recognised Market Operator (RMO) and awarded the Capital Markets Services (CMS) license by the Monetary Authority of Singapore.
Disclaimer: This article is not an advertisement making an offer or calling attention to an offer or intended offer
About DigiFT
DigiFT is the first exchange for on-chain real-world assets to be licensed by the Monetary Authority of Singapore. Find out more www.digift.sg
For media enquiries, please contact [email protected]
View original content:https://www.prnewswire.co.uk/news-releases/ubs-asset-management-launches-its-first-tokenised-money-market-fund-available-through-digift-302294683.html
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