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GTCR Completes Once For All Acquisition

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Leaders Strategy™ investment accelerating growth behind leading compliance and supply chain management software provider

CHICAGO, Aug. 30, 2023 /PRNewswire/ — GTCR, a leading private equity firm, announced today that it has closed the acquisition of Once For All (the “Company”), a leading compliance and supply chain management software platform serving the built environment primarily in the United Kingdom and France, from Warburg Pincus.

As part of the Leaders Strategy™, GTCR will partner with experienced software executive David Hornsby, who has joined Once For All as Chief Executive Officer to accelerate growth at the business through product innovation, go-to market strategy enhancements, and the expansion of geographical capabilities.

Founded in 1998 and headquartered in Basingstoke, United Kingdom and Paris, France, Once For All serves as a SaaS-based network of over 150,000 construction and facilities management companies, enabling contractors and property owners to manage their supply chain of sub-contractors and ensure compliance with an increasingly complex set of public regulations and private standards. The Company’s software suite also includes a two-sided marketplace that connects contractors and property owners with qualified suppliers looking to source new business opportunities.

Mr. Hornsby has a long-track record of value creation during his decades in the software sector. He served as CEO and subsequently Executive Chairman of Ideagen, a UK-based global provider of governance, risk and compliance (“GRC”) software, from June 2009 through May 2021, during which time he led Ideagen through a sustained period of transformational growth. Over Mr. Hornsby’s tenure, Ideagen grew through a combination of organic growth and consistent M&A, and fundamentally transformed its business model to meet client needs.

“Once For All has grown into a true market leader in the GRC space. We are excited to welcome David to the Company and believe he, along with the group of fantastic leaders at the Company today, are well positioned to accelerate the Company’s growth trajectory,” said Mark Anderson, Managing Director and Head of Technology, Media & Telecommunications at GTCR.

“I am thrilled to join the Once For All team and partner with GTCR to begin this next chapter of growth at the Company,” said Mr. Hornsby. “This is a business with a deep network and innovative solution set that is helping solve some of the greatest challenges facing companies in the built environment today.  I look forward to enhancing these capabilities through continued investment and expansion and believe we can further scale the business into new markets while continuing to provide an outstanding solution for our customers.”

Jefferies served as financial advisor and Latham & Watkins provided legal counsel to GTCR. Arma Partners and William Blair served as financial advisors for Once For All and Kirkland & Ellis served as legal advisor. Management was advised by Jamieson Corporate Finance and Macfarlanes as legal counsel.

About GTCR
Founded in 1980, GTCR is a leading private equity firm that pioneered The Leaders Strategy™ – finding and partnering with management leaders in core domains to identify, acquire and build market-leading companies through organic growth and strategic acquisitions. GTCR is focused on investing in transformative growth in companies in the Business & Consumer Services, Financial Services & Technology, Healthcare and Technology, Media & Telecommunications sectors. Since its inception, GTCR has invested more than $25 billion in over 270 companies, and the firm currently manages more than $35 billion in equity capital. GTCR is based in Chicago with offices in New York and West Palm Beach. For more information, please visit www.gtcr.com. Follow us on LinkedIn.

About Once For All
Once For All is the European leader in supply chain risk management solutions for the construction industry. We help our customers source and track sales opportunities, manage risk and compliance, and provide tools to increase efficiency in their supply chains. Once For All has over 150,000 customers that use its single codebase SaaS solution to search, find and assess future business relationships based on skills, trades and ESG credentials. As a result, Once For All manages one of the largest proprietary ESG data sets in the world. Once For All has over 400 employees, is the market leader in UK and France and has operations in Belgium and Germany. For more information, please visit www.onceforall.com.

GTCR Contacts

Investor Relations
Jodi Rubenstein
312.382.2202
[email protected]

Media Relations
Andrew Johnson
212.835.7042
[email protected]

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BranchOut Food Inc. Expands Partnership with EnWave Corporation. Increasing Manufacturing Capacity by an Additional ~$15mm Annually & Secures Additional Product Exclusivities.

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BEND, Ore, Sept. 28, 2023 /PRNewswire/ — BranchOut Foods Inc. (NASDAQ: BOF), the global trailblazer in GentleDried natural snacks and superfood ingredients, is proud to announce a significant expansion of its partnership with EnWave Corporation (TSX-V: ENW | FSE: E4U). BranchOut has agreed to purchase a second large-scale, continuous throughput dehydration machine from Enwave. Under the terms of the new Equipment Purchase Agreement (the “Agreement”), the 120kW REV™ machine is slated for delivery to BranchOut in late calendar 2024 and will add an additional $15mm in estimated topline capacity.

Eric Healy, CEO of BranchOut Food Inc., emphasized, “We are confident that this increased capacity will align perfectly with our growth trajectory, especially in light of our recent commitments from major retailers and the substantial sales pipeline we have established.”

Enwave’s Radiant Energy Vacuum (REV™) technology and associated patent portfolio was previously licensed to BranchOut along with exclusivity for its original core products. Under the new Agreement, the product exclusives have been significantly expanded to encompass the new and innovative products BranchOut has recently developed and will be launching in the very near future.

About BranchOut Food Inc.: BranchOut is an international food-tech company delivering truly great natural snacks and real superfood ingredients enabled by their licensed dehydration technology. BranchOut Food is a leading provider of high-quality dehydrated fruit and vegetable-based products and its commitment to quality and innovation sets it apart as a trusted brand and private label supplier. For more information about BranchOut Food Inc. and its products, please visit www.branchoutfood.com.

About EnWave: EnWave Corporation stands as a global leader in vacuum microwave dehydration innovation and application. Operating from its headquarters in Vancouver, BC, EnWave boasts an impressive intellectual property portfolio and has refined its Radiant Energy Vacuum (REV™) technology into a proven, consistent, and scalable drying solution. This revolutionary technology outperforms traditional drying methods in terms of efficiency, capacity, product quality, and cost.

Media Contact:

BranchOut Food Inc. 
Email: [email protected]

View original content:https://www.prnewswire.co.uk/news-releases/branchout-food-inc-expands-partnership-with-enwave-corporation-increasing-manufacturing-capacity-by-an-additional-15mm-annually–secures-additional-product-exclusivities-301941949.html

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SIGMA Financial AI unveils Akili-AI: Cutting-Edge, AI-based, no-code suite of tools for traders

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– Augments trader’s interactions and transforms decision-making capabilities

– Handles the full extent of structured to unstructured financial data

– Mitigates portfolio exposure risk and accelerates speed to market

LONDON, Sept. 28, 2023 /PRNewswire/ — SIGMA Financial AI, an innovator in developing AI-driven trading solutions, launches Akili-AI*, a sophisticated suite of enterprise-ready trading strategy tools. Akili-AI is a cutting-edge, no-code solution enabling data-driven insights to support the specialist needs of the global financial services trading community.

Akili-AI incorporates machine learning (ML) and natural language processing (NLP) to deliver agile tools which are more intelligent, faster and easier to use, enabling traders to create strategies at a scale and speed unachievable without AI support. Completely asset-class and instrument-agnostic, the Akili-AI system streams real-time trading data, allowing users to screen, test and design complex trading strategies promptly. 

Their SaaS-based Pattern matching platform (Patterns as a Service) helps traders monitor thousands of instruments in real-time, scanning charts for momentum changes, technical signals, support, and resistance zones. The NLP research function supports fundamental and technical qualifications from thousands of news, social media and traders’ data. Akili-AI’s flexible modular architecture, built using modern protocols, is cloud-based and scales to support the largest trading enterprises.

Andy Simpson, Co-founder and CEO, commented, “Traders are having to cope with a constant squeeze on their book; this, combined with a huge increase in data volumes, has created the need for transformative solutions which can help them find an edge. They need the ability to find new liquidity fast, enhance their trade execution capabilities, and reduce portfolio risk; Akili-AI can deliver all this at a lower cost point and faster than ever.”

“Akili-AI transforms market interaction and improves productivity by liberating traders from the constraints imposed by long-established, outdated working practices and legacy technology infrastructures. Accelerated speed to market is crucial in an industry where every second counts. Our mission is to provide AI-based solutions which enhance the human experience – not replace them – helping to generate more revenue and increased profitability,” Andy continued.

Rob Maunder, Co-founder and Chief Commercial Officer, said, “Our pioneering and creative team is an unusual blend of deep financial services experience, phenomenal engineering and world-class AI technologists who bring an unrivalled track record of developing new platforms at pace. We break the mould by delivering incredible engineering of low-latency, highly scalable systems drawing on more than a decade of generative AI experience in the social media and music industries.”

Andy concluded, “Akili-AI is the start of a refreshingly different journey of technological change; watch this space. There is much more to come.”

Akili-Ai will be showcased in the Innovators Pavilion at the FIA’s Futures and Options Expo on October 2-3, 2023 at the Sheraton Grand Chicago Riverwalk.

*Akili is the Swahili word for intelligence.

About SIGMA Financial AI:

We provide traders with a set of tools that are faster, smarter and easier to use. Our AI machine learning product suite unlocks trading opportunities through real-time analytics underpinned by world-leading, scalable, ultra-low latency architecture.

Note to Editors: For more information about SIGMA Financial AI, please visit www.sigmafinancial.ai.

View original content:https://www.prnewswire.co.uk/news-releases/sigma-financial-ai-unveils-akili-ai-cutting-edge-ai-based-no-code-suite-of-tools-for-traders-301941890.html

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NJI Welcomes Allison Hoffman Cousens as Managing Director of Partnerships & Marketing

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Expanding agency capabilities include new content development division

ALEXANDRIA, Va., Sept. 28, 2023 /PRNewswire/ — NJI, a global creative agency that solves complex public affairs challenges, announced today the appointment of Allison Hoffman Cousens as Managing Director of Partnerships & Marketing. She joins NJI after nearly a decade of guiding Meta’s global public policy efforts in Menlo Park and London. She previously served as a product manager for Intuit.

Sustained, record-breaking growth has enabled us to further deepen NJI’s capabilities and resources for our clients. We are pleased to welcome veteran reporter and writer Amy Burroughs as Senior Director of Content Strategy to lead NJI’s new Content Strategy division to directly support the diverse content needs of clients, including script development, campaign and brand strategy, advertising and website copy, editing, original reporting, and so much more.

“NJI’s creative potential is directly tied to our ability to foster outrageous, boundary-breaking ideas within our teams,” remarked NJI’s President Lara Kline. “Each new team member is chosen for how they will challenge our existing perspectives. We hone our work through research, data, and experience—but it is sustained intellectual curiosity that sets it apart.”

Julia Ames joins NJI as a Creative Director after leading HumanKind Studio for 15 years and concurrently continues to serve as an adjunct professor for the Corcoran School of the Arts and Design at The George Washington University and The University of the District of Columbia.

NJI is also privileged to have four additional talented professionals join us in recent months. This includes Beth Reiser, Project Director; Dale Peart, Senior Designer; Cortney Legg, Account Director; and Hank Farr, Video Producer.

Investing in current team members is equally important and NJI is pleased to recognize the following promotions: Daniel Kemether to Managing Director, Bill Risen to Multimedia Director; Vincent Levin to Account Director; Sydney Novack to Director; and Kate Phillips to Senior Project Manager.

About NJI
NJI is a global creative agency that solves complex public affairs challenges with fully orchestrated, elegantly crafted content. Founded in 2007, our clients seek to educate and inform policymakers and policy influencers, stakeholders, and constituents. We specialize in distilling complexity and making the creative process effortless for our clients with the highest level of client service. NJI has offices in Washington, D.C., London, and Singapore.

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