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Raptor Technologies® Announces Gray Hall as New Chief Executive Officer

JMI Equity

Hall Brings Decades of Experience Driving Growth at High-Tech Companies

HOUSTON, Nov. 12, 2020 (GLOBE NEWSWIRE) — Raptor Technologies®, the nation’s leading provider of integrated school safety technologies, today announced that Gray Hall has joined Raptor as Chief Executive Officer. Hall succeeds Jim Vesterman who was Raptor’s CEO since 2012 and will remain on Raptor’s Board of Directors.

Hall’s career spans over 20 years of driving growth at cutting-edge technology companies. He was previously Chairman and CEO of Alert Logic where he grew the company from less than $10 million in revenues to over $125 million in revenues. Prior to that, Hall was co-founder and CEO of VeriCenter where he grew the company to over $80 million in annual recurring revenues.

“I’ve had the privilege of leading two tech companies through sustained rapid growth, while significantly impacting their respective market segments,” said Hall. “The team at Raptor is redefining and modernizing K-12 school safety and I’m excited to be playing a role in building the leading software company in such an important industry.”

“I believe that Gray will be a tremendous leader for Raptor as we continue to expand our partnerships with schools across the United States and follow our mission to protect every child, in every school, every day,” said Vesterman. Under Vesterman’s leadership, Raptor grew from serving 7,000 K-12 schools to serving more than 34,000 schools across the nation. Today, Raptor leads the country in providing K-12 software solutions for Visitor Management, Emergency Management, and Volunteer Management on one integrated technology platform.

“We are delighted to welcome Gray as Raptor’s CEO,” said Bob Nye, General Partner at JMI Equity and member of Raptor’s Board of Directors. “His exceptional leadership record, passion for building great teams, and ability to drive company growth will help Raptor continue expanding its market leadership in SaaS solutions for school safety.”

About Raptor Technologies®
Raptor Technologies is the nation’s leading provider of integrated school safety technologies for K-12 schools. Founded in 2002 with the mission to protect every child, every school, every day, Raptor® solutions include: Raptor Visitor Management, Raptor Emergency Management and Raptor Volunteer Management. Raptor’s newest product is Raptor Alert, an Alyssa’s Law compliant mobile panic alert system that expedites rapid response to school or district-wide emergency situations with a simple tap on a mobile device.

Currently, the Raptor system is being used by schools nationwide to screen students, staff, and visitors for COVID-19 via customized health screening questions and to run detailed contact tracing reports.

As of 2020, over 34,000 U.S. schools trust Raptor to help protect their students and staff.

Raptor Technologies is a privately held corporation based in Houston, Texas. For more information, visit www.raptortech.com.

About JMI Equity
JMI Equity is a growth equity firm focused on investing in leading software companies. Founded in 1992, JMI has invested in over 150 businesses in its target markets, successfully completed over 100 exits, and raised more than $4 billion of committed capital. JMI partners with exceptional management teams to help build their companies into industry leaders. For more information, visit www.jmi.com.

Media Contact
Ida Yenney, KCPR for Raptor Technologies
818-419-0516
idayenney@gmail.com

 

Categories: People

JMJ Associates Announces New CEO, Jeff Williams, Marking a New Phase of Development and Growth

3I

JMJ Associates, a leading global consultancy specializing in transforming people, performance, and culture to deliver breakthrough results, announces the appointment of Jeff Williams as Chief Executive Officer. The company’s Chief Financial Officer, Andy Fisher, had served as interim CEO since January and will continue in his role as CFO.

Jeff Williams brings extensive global consulting experience to JMJ. He is a seasoned leader and expert in the energy sector, delivering innovative enterprise-wide transformation. He recognizes that people are a company’s greatest asset, and he brings a deep understanding of the importance of focusing on human capital to achieve breakthrough performances.

“We are excited to welcome Jeff to the team,” says Peter Regan, Chairman. “Jeff brings with him a wealth of consulting experience and is known for designing and executing transformational solutions for clients. We look forward to benefitting from the insights and expertise he has accumulated over his 24 year consulting career, building and leveraging on JMJ’s existing capabilities and strengths as we chart a course for the next stages of our development and growth.”

“I would also like to express my deep appreciation to Andy Fisher for his sound leadership and commitment to the business in his role as interim CEO, particularly through these current times. Andy’s steady hand helped our global community navigate this turbulent period in our markets and helped set a firm foundation for our future.”

During Jeff’s consulting career, he has worked with top-level executives and Fortune 500 clients across various industries, including energy, healthcare, pharmaceutical, and manufacturing. His expertise includes refreshing corporate visions and strategies, aligning executive leadership teams, enabling operational excellence, and post-merger transformations. He has authored dozens of articles and studies on business transformations and is a regular speaker at industry events.

“I am truly honored to be chosen to lead this great transformational consulting organization,” says Jeff. “I am looking forward to working with JMJ’s global talent to further our mission of enabling people to reach their full potential, thrive in their workplace, and live more rewarding lives. JMJ is uniquely positioned to meet the demands of businesses looking for results beyond the predictable. Together, we will help clients solve their toughest challenges to deliver breakthrough performances.”

Most recently, Jeff served as the Global Consulting Leader for EY’s Oil & Gas Practice while also leading their Energy Consulting Business for the Americas. Before EY, Jeff served as General Manager for Slalom Consulting, a modern, cross-industry strategic consulting business. Jeff began his consulting career with Accenture (previously Andersen Consulting), where he spent 18 years serving many of the largest clients in the energy sector. Jeff is also a co-founder and board member of Umbrage Studios, a creative product development studio headquartered in Houston, Texas.

“This is a strange and challenging year. Many companies face volatility, uncertainty, and ambiguity and need to create breakthroughs in human performance and productivity. Being able to offer JMJ’s distinct capabilities in cultural transformation and organizational performance more broadly and in a modernized way, blending physical, virtual and digital client experiences, and refining the practice of management and leadership is what is exciting to me.”

 

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Categories: People

JMJ Associates Announces New CEO, Jeff Williams, Marking a New Phase of Development and Growth

3I

JMJ Associates, a leading global consultancy specializing in transforming people, performance, and culture to deliver breakthrough results, announces the appointment of Jeff Williams as Chief Executive Officer. The company’s Chief Financial Officer, Andy Fisher, had served as interim CEO since January and will continue in his role as CFO.

Jeff Williams brings extensive global consulting experience to JMJ. He is a seasoned leader and expert in the energy sector, delivering innovative enterprise-wide transformation. He recognizes that people are a company’s greatest asset, and he brings a deep understanding of the importance of focusing on human capital to achieve breakthrough performances.

“We are excited to welcome Jeff to the team,” says Peter Regan, Chairman. “Jeff brings with him a wealth of consulting experience and is known for designing and executing transformational solutions for clients. We look forward to benefitting from the insights and expertise he has accumulated over his 24 year consulting career, building and leveraging on JMJ’s existing capabilities and strengths as we chart a course for the next stages of our development and growth.”

“I would also like to express my deep appreciation to Andy Fisher for his sound leadership and commitment to the business in his role as interim CEO, particularly through these current times. Andy’s steady hand helped our global community navigate this turbulent period in our markets and helped set a firm foundation for our future.”

During Jeff’s consulting career, he has worked with top-level executives and Fortune 500 clients across various industries, including energy, healthcare, pharmaceutical, and manufacturing. His expertise includes refreshing corporate visions and strategies, aligning executive leadership teams, enabling operational excellence, and post-merger transformations. He has authored dozens of articles and studies on business transformations and is a regular speaker at industry events.

“I am truly honored to be chosen to lead this great transformational consulting organization,” says Jeff. “I am looking forward to working with JMJ’s global talent to further our mission of enabling people to reach their full potential, thrive in their workplace, and live more rewarding lives. JMJ is uniquely positioned to meet the demands of businesses looking for results beyond the predictable. Together, we will help clients solve their toughest challenges to deliver breakthrough performances.”

Most recently, Jeff served as the Global Consulting Leader for EY’s Oil & Gas Practice while also leading their Energy Consulting Business for the Americas. Before EY, Jeff served as General Manager for Slalom Consulting, a modern, cross-industry strategic consulting business. Jeff began his consulting career with Accenture (previously Andersen Consulting), where he spent 18 years serving many of the largest clients in the energy sector. Jeff is also a co-founder and board member of Umbrage Studios, a creative product development studio headquartered in Houston, Texas.

“This is a strange and challenging year. Many companies face volatility, uncertainty, and ambiguity and need to create breakthroughs in human performance and productivity. Being able to offer JMJ’s distinct capabilities in cultural transformation and organizational performance more broadly and in a modernized way, blending physical, virtual and digital client experiences, and refining the practice of management and leadership is what is exciting to me.”

 

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Categories: People

IK Investment Partners to acquire GeoDynamics

ik-investment-partners

IK Investment Partners (“IK”) is pleased to announce that the IK Small Cap II Fund has reached an agreement with Peter Vermeesch, Stijn Stragier and Sofindev to acquire a majority stake in GeoDynamics (“the Company”). GeoDynamics is a leading SaaS provider specialising in location-based software solutions for mobile workforces. Financial terms are not disclosed.

GeoDynamics was founded in 2004 and is headquartered in Kortrijk, Belgium. The Company’s software solutions serve over 2,700 customers across construction, utilities, technical and manufacturing services, in addition to local municipalities. The proprietary cloud-based platform allows customers to manage their vehicle fleets in real-time and account for mobile workers’ time and activity registration.

IK will be acquiring a majority stake from Sofindev and the management team, led by founders and joint Managing Directors, Peter Vermeesch and Stijn Stragier. Following the transaction the business will continue to be led by both founders, who will also be reinvesting alongside IK.

Peter Vermeesch and Stijn Stragier, joint Managing Directors and co-founders of GeoDynamics, said: “We are excited to be partnering with IK as we look to expand beyond our home market of Belgium and bring our innovative solutions to SMEs further afield.  With their strong track record and on the ground presence in our key target market of Belgium, we are confident we have the right team to help facilitate our growth. We are also very grateful to Sofindev for their support over the last four years.”

Sander van Vreumingen, Partner at IK Investment Partners and advisor to the IK SC II Fund, said: “GeoDynamics provides a unique proposition, particularly among SMEs operating in construction, utilities and technical services, who are looking to optimise the efficiency of their workforces and value the ability to integrate this software into their existing systems. We believe there is huge potential for GeoDynamics to replicate its success in Belgium across other adjacent regions and markets and look forward to working with Peter and Stijn to deliver this goal.”

Jan Camerlynck, Partner at Sofindev, said: “We have been proud to support GeoDynamics since 2016 in a partnership with Peter and Stijn. They have done a tremendous job, together with their team, to  develop the company’s position as the number one provider in Belgium with a truly unique SaaS software solution for mobile workforce management. As the business has reached a scale to expand to new markets now is the right time to join with a new partner and we wish them every success with IK.”

For further questions, please contact: 

Maitland/AMO
James McFarlane
T: +44 (0) 20 7379 5151
jmcfarlane@maitland.co.uk 

IK Investment Partners
Nastasja Vojvodic
T: +44 (0) 20 7304 4300
nastasja.vojvodic@ikinvest.com

About IK Investment Partners

IK Investment Partners (“IK”) is a Pan-European private equity firm focused on investments in the Benelux, DACH, France, Nordics and the UK. Since 1989, IK has raised more than €13 billion of capital and invested in over 135 European companies. IK supports companies with strong underlying potential, partnering with management teams and investors to create robust, well-positioned businesses with excellent long-term prospects. For more information, visit www.ikinvest.com

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JMJ Associates Announces New CEO, Jeff Williams, Marking a New Phase of Development and Growth

3I

JMJ Associates, a leading global consultancy specializing in transforming people, performance, and culture to deliver breakthrough results, announces the appointment of Jeff Williams as Chief Executive Officer. The company’s Chief Financial Officer, Andy Fisher, had served as interim CEO since January and will continue in his role as CFO.

Jeff Williams brings extensive global consulting experience to JMJ. He is a seasoned leader and expert in the energy sector, delivering innovative enterprise-wide transformation. He recognizes that people are a company’s greatest asset, and he brings a deep understanding of the importance of focusing on human capital to achieve breakthrough performances.

“We are excited to welcome Jeff to the team,” says Peter Regan, Chairman. “Jeff brings with him a wealth of consulting experience and is known for designing and executing transformational solutions for clients. We look forward to benefitting from the insights and expertise he has accumulated over his 24 year consulting career, building and leveraging on JMJ’s existing capabilities and strengths as we chart a course for the next stages of our development and growth.”

“I would also like to express my deep appreciation to Andy Fisher for his sound leadership and commitment to the business in his role as interim CEO, particularly through these current times. Andy’s steady hand helped our global community navigate this turbulent period in our markets and helped set a firm foundation for our future.”

During Jeff’s consulting career, he has worked with top-level executives and Fortune 500 clients across various industries, including energy, healthcare, pharmaceutical, and manufacturing. His expertise includes refreshing corporate visions and strategies, aligning executive leadership teams, enabling operational excellence, and post-merger transformations. He has authored dozens of articles and studies on business transformations and is a regular speaker at industry events.

“I am truly honored to be chosen to lead this great transformational consulting organization,” says Jeff. “I am looking forward to working with JMJ’s global talent to further our mission of enabling people to reach their full potential, thrive in their workplace, and live more rewarding lives. JMJ is uniquely positioned to meet the demands of businesses looking for results beyond the predictable. Together, we will help clients solve their toughest challenges to deliver breakthrough performances.”

Most recently, Jeff served as the Global Consulting Leader for EY’s Oil & Gas Practice while also leading their Energy Consulting Business for the Americas. Before EY, Jeff served as General Manager for Slalom Consulting, a modern, cross-industry strategic consulting business. Jeff began his consulting career with Accenture (previously Andersen Consulting), where he spent 18 years serving many of the largest clients in the energy sector. Jeff is also a co-founder and board member of Umbrage Studios, a creative product development studio headquartered in Houston, Texas.

“This is a strange and challenging year. Many companies face volatility, uncertainty, and ambiguity and need to create breakthroughs in human performance and productivity. Being able to offer JMJ’s distinct capabilities in cultural transformation and organizational performance more broadly and in a modernized way, blending physical, virtual and digital client experiences, and refining the practice of management and leadership is what is exciting to me.”

 

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Divestment of Three Scandinavia’s telecom tower business and assets

Investor

2020-11-12 13:00 GMT+01

Patricia Industries, a part of Investor AB, has agreed to divest its 40 percent share of Three Scandinavia’s tower business and assets by:

  • Transferring its share of Three Scandinavia’s passive network infrastructure assets to CKH Networks, an operator of CK Hutchison’s European tower business with assets in Austria, Denmark, Ireland, Italy, Sweden and the United Kingdom.
  • Participating in the divestment of CKH Networks for EUR 10bn to Cellnex, the leading European independent operator of wireless telecommunications infrastructure. The consideration attributable to Patricia Industries will be 5 percent of the total consideration.

“This is a value creative transaction that will further strengthen our balance sheet,” says Investor AB President and CEO Johan Forssell.

“We believe this transaction creates value by finding a good, focused home for the tower assets, and allowing Three Scandinavia to focus on its core business of providing customers with high-quality mobile services. Three Scandinavia will continue investing in its network and services,” says Christian Cederholm, Co-head of Patricia Industries.

For the 12-month period ending September 30, 2020, Three Scandinavia’s reported EBITDA amounted to SEK 4,042m. Following the transaction, the company will establish service contracts with Cellnex for the utilization of the divested passive infrastructure.

The transaction is expected to close on a country by country basis, subject to regulatory approval, into 2021.

About Three Scandinavia
Three Scandinavia, founded in 2000, is a provider of mobile voice and broadband services in Sweden and Denmark. CK Hutchison owns 60 percent and Investor AB 40 percent of the company.  

About Patricia Industries
Patricia Industries is a long-term owner that invests in companies and works to develop each company to its full potential. Patricia Industries is a part of the industrial holding company Investor AB, whose main owner is the Wallenberg Foundations.

For further information:

Viveka Hirdman-Ryrberg, Head of Corporate Communication and Sustainability,
Phone +46 70 550 3500
viveka.hirdman-ryrberg@investorab.com

Magnus Dalhammar, Head of Investor Relations,
Phone +46 73 524 2130
magnus.dalhammar@investorab.com

Our press releases can be accessed at www.investorab.com

Investor, founded by the Wallenberg family in 1916, is an engaged owner of high quality global companies. We have a long-term investment perspective. Through board participation, as well as industrial experience, our network and financial strength, we work continuously to support our companies to remain or become best-in-class. Our holdings include, among others, ABB, Atlas Copco, Ericsson, Mölnlycke and SEB.

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Mindful Chef finds new home with Nestle after 5x growth

Piper

We are delighted to announce that Mindful Chef has been bought by Nestlé. In a wonderful two-year journey since we invested £6m in December 2018, sales have increased fivefold to £50m.

It’s astonishing how something so special has been built in such a short period of time – school friends Giles Humphries, Myles Hopper and Robert Grieg-Gran only founded the company in 2015. Since then, it has delivered over 9.5 million meals to households across the UK and become the nation’s highest rated recipe box according to Trustpilot.

As the name suggests, it has come to embody a mindfulness about the suppliers it chooses, the healthy ingredients it uses, and the brand’s impact on the environment. As well as being a certified B-Corp, for every meal sold, a school meal is donated to a child living in poverty through the firm’s ‘One Feeds Two’ initiative, which has seen more than five million meals donated so far.

The brand’s focus on health and nutrition has also seen Mindful Chef appointed the official nutrition partner for the English Institute of Sport while its partnership with the British Heart Foundation aims to raise awareness of how a healthy, balanced diet can help support heart and circulatory health. Testament to this, Sir Andy Murray, Victoria Pendleton CBE and Will Greenwood MBE are among its legions of fans.

As a truly purpose-driven brand, we are proud to have backed a team that embody our own values. We love nothing more than finding great custodians for our partner brands and, in Nestle, they now have a lifelong partner that can help them achieve their mission of getting more people to eat healthily.

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Quantum Motion appoints Cadence founder and industry expert Prof. Alberto Sangiovanni-Vincentelli as Chair

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Inkef Capital

Quantum Motion is pleased to announce that it has appointed Professor Alberto Sangiovanni-Vincentelli, University of California, Berkeley, as Chair, aligning his significant experience in the electronics design industry with the Company’s commitment to building a scalable and manufacturable quantum processor.

The appointment follows Quantum Motion’s recent oversubscribed £8m fundraise and will support the Company’s strategy of developing a fault-tolerant quantum computing architecture that is compatible with the CMOS manufacturing process.
Prof. Sangiovanni-Vincentelli is a major figure in both commercial and technological developments in the electronics industry and brings significant experience of direct relevance to Quantum Motion and the development of its technology. A founder of both Cadence Design Systems and Synopsys – the two industry leaders in Electronic Design Automation (EDA) – he has also served in many advisory roles, ranging from Intel, HP and ST microelectronics in the semiconductor industry to BMW, General Motors and UTC in systems and has chaired UltraSoc from 2017 until their acquisition by Siemens in June 2020.

Prof. Sangiovanni-Vincentelli replaces outgoing Chair, Dr Manjari Chandran-Ramesh, who steps down having served as Quantum Motion’s Chair since 2018. She remains a director of the Company, representing IP Group on the board. During her tenure, the Company spun out of Oxford and UCL and became the first UK quantum computing hardware company to raise a series A.

Professor Sangiovanni-Vincentelli is a distinguished academic and has been with the Department of Electrical Engineering and Computer Sciences, University of California, Berkeley, since 1976. He has authored over 1000 papers with an h-index of 118 and received numerous academic and industry awards, such as the IEEE/RSE Wolfson James Clerk Maxwell Award recognising his “groundbreaking contributions that have had an exceptional impact on the development of electronics and electrical engineering”. He is also a member of the US National Academy of Engineering and holds honorary doctorates from Aalberg University, Denmark; KTH Stockholm, Sweden and IAG Krakow, Poland.

Prof. Alberto Sangiovanni-Vincentelli said: “It is clear that making perfect systems from noisy components will be the key to realising a useful quantum computer. However, this idea on its own is not enough, execution will be critical. The Quantum Motion team has the competence needed to deliver a scalable silicon architecture but, as importantly, it has the focus to realise it in a manufacturable process.”

Dr Chandran-Ramesh commented: “It has been an absolute pleasure to work with the Quantum Motion team and to help grow the business from start-up to a successful, over-subscribed series A round backed by high-quality investors. I am proud to be handing over to Prof. Sangiovanni-Vincentelli who has exceptional experience in this area and I look forward to working with him and the team as we start the next chapter of this exciting journey.”

Prof. John Morton, founder of Quantum Motion comments: “We would like to thank Dr Chandran-Ramesh for her excellent chairmanship over the past two successful years and are delighted to be welcoming Prof Sangiovanni-Vincentelli on board. He shares our vision for leveraging silicon to produce truly scalable quantum processors and brings unique insights from his experience in building world-leading companies in semiconductor IC design”

Media Enquiries:
Quantum Motion
media@quantummotion.tech
www.quantummotion.tech

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C5 Capital Appoints Rob Meyerson, former President of Blue Origin, as Operating Partner

C5 Capital

WASHINGTON and LONDON, Nov. 12, 2020 /PRNewswire/ —C5 Capital USA LLC (“C5“), the specialist venture capital firm that invests in the secure data ecosystem, including cybersecurity, AI, cloud and space announces Rob Meyerson as its newest Operating Partner joining C5’s new Impact Partners Fund based in Washington DC.

Rob Meyerson is responsible for advancing C5’s deal flow and investments with innovative technologies at the intersection of space, cloud computing and cybersecurity. Rob will help C5 to identify founders and technologies at the leading edge of space as one of the fastest growing new markets for cloud computing and cybersecurity.

Rob is the founder and CEO of Delalune Space, a consulting company focused on the aerospace, mobility and technology sectors. Rob is the former President of Blue Origin, one of the leading private space companies in the US, and worked directly for Jeff Bezos. He brings more than 30 years of space experience with him.

Rob oversaw the growth of Blue Origin from 2003 to 2018, building the company from its early days as a think-tank into a leading space company. Under Rob’s leadership, Blue Origin developed the New Shepard system for suborbital human and research flights, a new liquid rocket engine business (developing and offering the BE-3 and BE-4 engines), the New Glenn launch vehicle and the Blue Moon lunar lander. During this time, Rob oversaw Blue’s growth from 10 people, to a more than 1500-person organization with facilities in six locations. Prior to joining Blue, Rob was a Senior Manager at Kistler Aerospace. Rob began his career as an aerodynamicist at NASA’s Johnson Space Center (JSC).

 

 

 

Rob has undertaken a career transformation since leaving Blue Origin, to broader leadership in shaping the direction of the exciting space sector. Rob serves as the Executive Producer of ASCEND, a new innovative platform created by AIAA to build our off-world future. He also serves on the boards of several for-profit and non-profit organizations.

Andre Pienaar, Founder of C5 Capital stated: “The future of cybersecurity will be decided in space. Space is the strategic high ground for cybersecurity. We look to the successful US launch of SpaceX’s Crew Dragon as an acceleration of the growth of the low earth orbit space economy that opens new opportunities for private investors. Rob Meyerson is a pioneering leader with exceptional deep domain expertise in space. Rob will help C5 to invest in building cybersecurity and cloud computing as critical infrastructure in space to secure the future for all.”

Rob Meyerson, stated: “The world is becoming more and more reliant on space for communications; positioning, navigation and timing (PNT); weather monitoring; earth observation and other services. These space systems now serve as utilities and are part of our critical infrastructure that we rely on for everything, from predicting weather events to tracking wildfires to pumping gasoline. C5 Capital is committed to building companies that will make this critical infrastructure resilient and available to a broader population. I’m honored to be joining the incredible team of professionals at C5 Capital.”

Press Contact – C5 Capital
Charlie Jack/Andrew Leach/Michael Celiceo/Mary Magnani
hsclarity@hudsonsandler.com
020 7796 4133

About C5 Capital
C5 Capital Limited (C5) is a global specialist investment firm that exclusively invests in the secure data ecosystem including cybersecurity, cloud infrastructure, and applied data analytics. The firm is dedicated to nurturing a secure digital future and our investment strategy is based on an approach of building long-term relationships with innovative companies that share in our mission. For more information, visit: www.c5capital.com.

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AEGIS Hedging Expands into Metals with Acquisition of Nexidus Commodities

Baird Capital

Transaction marks first strategic acquisition fueled by growth financing from Trilantic North America

The Woodlands, Texas, November 11, 2020 – AEGIS Hedging Solutions (“AEGIS” or the “Company”), a leader in technology and expertise for commodity and rate hedging, announced today that it has acquired Nexidus Commodities (“Nexidus”), a commodity trading advisor and pioneer in metals hedging.

Founded in 2017, Nexidus provides research, strategy, execution, and administrative support to companies in the industrials and manufacturing sectors hedging their exposures to base and precious metals. Nexidus has capitalized on significant, growing demand from financial sponsors seeking visibility into and management of metals exposures across their portfolio companies, as commodity pricing and rate exposures have a significant impact on cash flow and related valuations.

“The acquisition of Nexidus is a significant step in extending our hedging technology and expertise beyond the energy sector,” said Bryan Sansbury, Chairman and CEO of AEGIS. “With increasing global volatility, we are committed to serving companies across industries as they manage their commodity and rate risks.”

“We are excited to bring AEGIS’ scalable technology and approach to hedging metal price risk for new and existing clients,” said Adam Jackson, CEO of Nexidus. “AEGIS has shown a commitment to continually investing in its platform and client experience. We look forward to extending our reach with any company exposed to metals, energy, and rates-pricing.”

 

Trilantic North America Investment

AEGIS’ acquisition of Nexidus was made in partnership with Trilantic North America, a leading private equity firm, which recently invested in the Company to support the execution of its growth strategy and accelerate its expansion across the metals, refined products, interest rates, and FOREX sectors. The Company’s co-founders, Bryan Sansbury, Chris Croom, and Justin McCrann, who serve as CEO, President, and Chief Operating Officer, respectively, continue to lead the business and have retained significant equity stakes in the Company.

“We have known Bryan and the AEGIS team for several years and have watched them build the Company into the leading software-based hedge advisory services business within the North American energy market,” said Chris Manning, Managing Partner at Trilantic North America and Chairman of Trilantic Energy Partners North America. “The acquisition of Nexidus represents an exciting first step in the Company’s next phase of growth as we look to aggressively expand AEGIS’ presence in new end markets.”

“With the Company’s industry leading software platform and focus on value-added hedge advisory services, AEGIS is uniquely positioned to capitalize on an increasingly volatile market environment and expand into adjacent areas of risk management,” added Chris Murphy, Principal at Trilantic North America. “We’re thrilled to partner with the AEGIS team.”

“Trilantic North America has a strong record of partnering with founder-led businesses to build leading-edge companies within the North American energy, services, and consumer sectors,” said Chris Croom, President of AEGIS. “The team quickly understood our growth objectives and their investment will help us leverage our existing technology platform to accelerate AEGIS’ expansion.”

Baird Capital, which first invested in AEGIS in 2019, will retain a material ownership stake.

 

About AEGIS

AEGIS, formerly AEGIS Energy Risk, enables companies to manage their commodity price and interest rate risk through leading software and advisory capabilities. AEGIS provides unique insight into commodity and rate markets, develops and executes cash flow protection strategies, and manages all hedge program activities through a SaaS technology platform. AEGIS was recently named the Hedge Advisor of the Year for an unprecedented fourth consecutive year.

AEGIS is headquartered in The Woodlands, Texas, and has offices in Dallas, Denver, Knoxville, and Pittsburgh. To learn more, visit AEGIS’ website at www.aegis-hedging.com.

 

About Nexidus

Nexidus provides commodity hedging, risk management, and analytical services to industrial clients with exposure to the prices of base and precious metals. Nexidus offers clarity, direction, and strategy to better manage metals pricing volatility that impacts profitability and cash flow.

 

About Trilantic North America 

Trilantic Capital Management L.P. (“Trilantic North America”) is a private equity firm focused on control and significant minority investments in North America. Trilantic North America’s primary investment focus is in the business services, consumer and energy sectors. Trilantic North America has managed six private equity fund families with aggregate capital commitments of $9.7 billion. Trilantic North America has been recognized by Inc. Magazine’s 2019 list of Top 50 Founder-Friendly Private Equity Firms.

 

For more information, visit www.trilanticnorthamerica.com.

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