Category Archives: News

Wrike Announces Winners of Second Annual Elite 100 Awards

Stg Partners

Wrike, the intelligent work management platform, today announced the winners of its second annual Wrike Elite 100 Awards, honoring customers who exemplify extraordinary expertise in leveraging Wrike to innovate, collaborate, and deliver measurable impact across their organizations. This year’s program expanded to include two new categories: AI Strategy and Engagement, reflecting Wrike’s continued investment in artificial intelligence and visual collaboration.

“The 2025 Wrike Elite 100 winners showcase the best of what’s possible when teams embrace intelligent work management,” said Alexey Korotich, Chief Product Officer at Wrike. “These leaders are setting the bar for innovation, collaboration, and efficiency by unlocking the full potential of the Wrike platform and its recent innovations in AI, automation, and visual collaboration tools.”

“We are thrilled to celebrate the remarkable achievements of this year’s winners,” said Christine Royston, Chief Marketing Officer at Wrike. “Their stories prove the power of Wrike to transform work, empower teams, and drive extraordinary results across industries. We look forward to spotlighting their accomplishments in the coming months.”

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DB Insurance to Acquire U.S.-based Insurer Fortegra

Warburg Pincus logo

SEOUL, South Korea & GREENWICH, Conn. & NEW YORK–(BUSINESS WIRE)–DB Insurance Co., Ltd. (“DB Insurance”) (CEO Jong-Pyo Jeong), Tiptree Inc. (NASDAQ: TIPT) (“Tiptree”) and Warburg Pincus LLC (“Warburg Pincus”) announced today that the parties have signed an agreement for DB Insurance to acquire 100% of the outstanding shares of The Fortegra Group, Inc. (“Fortegra”), a U.S.-based specialty insurer, for approximately $1.65 billion (approximately KRW 2.3 trillion) in cash from Tiptree and Warburg Pincus. The transaction will be funded in cash with internal resources from DB Insurance. The transaction will mark the largest U.S. market entry by a Korean non-life insurer.

DB Insurance first entered the U.S. market in 1984 through its Guam branch and has since pursued a differentiated global business strategy with the goal of establishing “a second DB Insurance” abroad. The decision to acquire Fortegra, with 2024 annual premiums of KRW 4.4 trillion, reflects a strategic step to secure scale and capabilities as a global insurance group.

Founded in 1978 and headquartered in Jacksonville, Florida, Fortegra has built a portfolio spanning specialty insurance, other insurance and services. The company operates across the U.S. and Europe, supported by strong underwriting discipline and risk management, and has maintained a long-term combined ratio of approximately 90%.

For 2024, Fortegra reported gross written premiums of $3.07 billion (KRW 4.4 trillion) and net income of $140 million (KRW 200 billion). It operates in all 50 U.S. states and eight European countries, including the U.K. and Italy, and holds an A- financial strength rating from A.M. Best.

The acquisition is expected to provide DB Insurance with a platform for global growth in the world’s largest property and casualty (P&C) markets, enable entry into the profitable surety and warranty sectors, and enhance earnings stability through broader geographic and business-line diversification.

This agreement also provides Fortegra with a strong capital base to support its continued profitable growth as it joins an insurance group with strong financial ratings: AM Best A+ (Superior) and S&P A+ (Stable).

Ki-Hyun Park, Head of Global Business at DB Insurance, said: “This acquisition will mark the first-ever purchase of a U.S. insurer by a Korean non-life insurer and represents a turning point for DB Insurance in its journey to become a global insurer. By combining Fortegra’s expertise with DB Insurance’s global network and capital strength, we aim to enhance customer value and market competitiveness while simultaneously achieving our dual objectives of increasing shareholder value and contributing to the national economy.”

Rick Kahlbaugh, CEO of Fortegra Group, added: “This agreement with DB Insurance marks a significant new chapter in Fortegra’s journey. We look forward to partnering with DB Insurance to advance the shared goal of building a leading insurance group.”

Michael Barnes, Tiptree’s Executive Chairman, said: “For more than a decade we have had the pleasure of working closely with Rick and his team to nurture Fortegra’s growth and deliver a track record of consistent performance. As Fortegra embarks on its next chapter, we remain proud of what we’ve built together and confident in the company’s continued success.”

Dan Zilberman, Global Head of Capital Solutions and Global Co-Head of Financial Services at Warburg Pincus, said: “Fortegra successfully accelerated its growth and cemented its position as a leading global specialty insurer during our partnership with the company. We, along with our friends at Tiptree, are proud to have supported Rick and the Fortegra team through this exciting period, and are highly confident that DB Insurance is the right partner for Fortegra in this next chapter of its growth.”

Barclays and BofA Securities are serving as financial advisors to Fortegra. Goldman Sachs & Co. LLC is serving as a financial advisor and Tatsuhiko Hoshina as a global strategy advisor to DB Insurance. Ropes & Gray LLP and Sidley Austin LLP are serving as legal advisors to Fortegra. Latham & Watkins LLP is serving as legal advisor to DB Insurance.

The acquisition is subject to receipt of Tiptree stockholder approval, required regulatory approvals and other customary closing conditions and is expected to close in mid-2026.

About DB Insurance
DB Insurance was established as Korea’s first automobile insurance company in 1962 and today is the second largest non-life insurer in South Korea, servicing over 11 million customers. DB Insurance offers a diversified portfolio including long-term medical, auto, and property and casualty insurance policies.

About Fortegra
For more than 45 years, Fortegra, via its subsidiaries, has underwritten risk management solutions that help people and businesses succeed in the face of uncertainty. As a multinational specialty insurer whose insurance subsidiaries have an A.M. Best Financial Strength Rating of A- (Excellent) and an A.M. Best Financial Size Category of ‘X’, we offer a diverse set of admitted and excess and surplus lines insurance products and warranty solutions. For more information: www.fortegra.com.

About Tiptree
Tiptree Inc. (NASDAQ: TIPT) allocates capital to select small and middle market companies with the mission of building long-term value. Established in 2007, Tiptree has a significant track record investing across a variety of industries and asset types, including the insurance, asset management, specialty finance, real estate and shipping sectors. With proprietary access and a flexible capital base, Tiptree seeks to uncover compelling investment opportunities and support management teams in unlocking the full value potential of their businesses. For more information, please visit tiptreeinc.com and follow us on LinkedIn.

About Warburg Pincus
Warburg Pincus LLC is the pioneer of private equity global growth investing. A private partnership since 1966, the firm has the flexibility and experience to focus on helping investors and management teams achieve enduring success across market cycles. Today, the firm has more than $87 billion in assets under management, and more than 220 companies in their active portfolio, diversified across stages, sectors, and geographies. Warburg Pincus has been a leading investor in the insurance industry for 30 years, investing more than $5 billion in equity capital across more than 20 investments, globally. These investments include Aeolus Re, Arch Capital, Fetch Pet Insurance, Fortegra, Foundation Risk Partners, ICICI Lombard Insurance, K2 Insurance Services, Keystone Agency Partners, McGill & Partners, ParetoHealth, RenaissanceRe, and Somers Re, amongst others.

The firm is headquartered in New York with offices in Amsterdam, Beijing, Berlin, Hong Kong, Houston, London, Luxembourg, Mumbai, Mauritius, San Francisco, São Paulo, Shanghai, and Singapore. For more information, please visit warburgpincus.com or follow us on LinkedIn.

Cautionary Statement Regarding Forward-Looking Statements
This press release contains forward-looking statements. These forward-looking statements generally can be identified by the use of words such as “anticipate,” “believe,” “estimate,” “expect,” “intend,” “seek,” “may,” “plan,” “project,” “should,” “target,” “will,” and words and terms of similar substance used in connection with any discussion of future plans, actions or events identify forward-looking statements. All statements, other than historical facts, including statements regarding the potential synergies, future growth and expansion opportunities, credit ratings and other impacts to DB, Tiptree, Fortegra and U.S.-Korea economic ties relating to closing of the merger of Fortegra with and into a subsidiary of DB (the “Merger”), pursuant to the merger agreement between DB, Tiptree and Fortegra (the “Merger Agreement”) are forward-looking statements. These forward-looking statements are based upon present intent, beliefs or expectations, but forward-looking statements are not guaranteed to occur and may not occur. Actual results may differ materially from those contained in or implied by forward-looking statements. Forward-looking statements involve known and unknown risks, uncertainties and other factors, some of which are beyond the control of Tiptree, Fortegra and DB. The following factors, among others, could cause actual results to differ materially from those described in the forward-looking statements: (a) failure to satisfy the conditions to closing and the consummation of the Merger and the other transactions contemplated by the Merger Agreement, including required regulatory approvals; (b) potential legal proceedings relating to the Merger Agreement and the Merger; (c) the occurrence of any event, change or other circumstance that could give rise to the termination of the Merger Agreement, including a termination of the Merger Agreement under circumstances that could require Fortegra or Tiptree to pay a termination fee; (d) failure to obtain stockholder approvals as required for the Merger; (e) failure to consummate the Merger in a timely manner or at all; (f) the effect of the announcement and pendency of the Merger and the other transactions contemplated by the Merger Agreement on Tiptree’s future operating results and financial condition; (g) the market price of Tiptree’s common stock; (h) the significant transactions costs that Tiptree will incur in connection with the Merger; (i) the effect of the pendency of the Merger on Tiptree’s business and Tiptree’s ability to attract, retain and motivate key personnel; (j) changes in Tiptree’s or Fortegra’s business or operating results; (k) any disruption of Tiptree or Fortegra management’s ability to spend time on the ongoing business operations of Tiptree and Fortegra due to the Merger; (l) limitations placed on Tiptree’s ability to operate the business by the Merger Agreement; (m) failure to close the Merger in a timely manner or at all; (n) failure of Tiptree to realize financial benefits currently anticipated from the Merger; (o) competitive pressures in the markets in which Tiptree and Fortegra operate; (p) the effects of market volatility or macroeconomic changes and financial market regulations on the industries in which Tiptree operates; (q) the effects of changes in, or Tiptree’s failure to comply with, laws and regulations; (p) cybersecurity attacks or information system failures disrupting Tiptree’s businesses; and failure of Tiptree’s insurance subsidiaries to meet liquidity requirements; and (r) Tiptree’s ability to continue as a going concern.

For additional information about risks and uncertainties that may cause actual results of the transaction to differ materially from those described, please refer to Tiptree’s reports filed with the SEC, including without limitation the “Risk Factors” and/or other information included in such reports. While the list of factors presented here is considered representative, no such list should be considered to be a complete statement of all risks and uncertainties. Unlisted factors may present significant additional obstacles to the realization of forward-looking statements. The forward-looking statements in this press release speak only as of the date hereof. Except as required by law, Tiptree assumes no obligation to update or revise these forward-looking statements for any reason, even if new information becomes available in the future.

Additional Information and Where to Find It
In connection with the Merger, Tiptree will file with the SEC a preliminary proxy statement of Tiptree (the “Proxy Statement”). Tiptree plans to mail to its stockholders a definitive Proxy Statement in connection with the Merger. Tiptree may also file other documents with the SEC regarding the Merger. This document is not a substitute for the Proxy Statement or any other document that may be filed by Tiptree with the SEC.
TIPTREE URGES YOU TO READ THE PROXY STATEMENT AND OTHER RELEVANT DOCUMENTS FILED OR TO BE FILED WITH THE SEC CAREFULLY AS THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT TIPTREE, THE MERGER AND RELATED MATTERS.

Any vote in respect of resolutions to be proposed at a Tiptree stockholder meeting to approve the Merger or related matters, or other responses in relation to the proposed transaction, should be made only on the basis of the information contained in the Proxy Statement. You will be able to obtain a free copy of the Proxy Statement and other related documents (when available) filed by Tiptree with the SEC at the website maintained by the SEC at www.sec.gov. You also will be able to obtain a free copy of the Proxy Statement and other documents (when available) filed by Tiptree with the SEC by accessing the Investor Relations section of Tiptree’s website at https://investors.tiptreeinc.com.
The proposed transaction will be implemented solely pursuant to the Merger Agreement, which contains the full terms and conditions of the proposed transaction.

Participants in the Solicitation
Tiptree and certain of its directors, executive officers and certain employees and other persons may be deemed to be participants in the solicitation of proxies from Tiptree’s stockholders in connection with the Merger. Security holders may obtain information regarding the names, affiliations and interests of Tiptree’s directors and executive officers in Tiptree’s definitive proxy statement on Schedule 14A for its 2025 Annual Meeting of Stockholders, which was filed with the SEC on March 17, 2025 and in Tiptree’s Current Report on Form 8-K filed with the SEC on May 1, 2025. Additional information concerning the interests of Tiptree’s participants in the solicitation, which may, in some cases, be different than those of Tiptree’s stockholders generally, will be set forth in the Proxy Statement when it is filed with the SEC and other materials that may be filed with the SEC in connection with the Merger when they become available. These documents (when available) may be obtained free of charge from the SEC’s website at www.sec.gov and the investor relations page of the Tiptree’s website at https://investors.tiptreeinc.com.

Contacts

Investor Relations, 212-446-1400
ir@tiptreeinc.com

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Warburg Pincus Partners with DC Connects and Wide Creek AMC to Acquire Land to Develop 80MW Hyperscale Data Centre in South Korea

Warburg Pincus logo

The hyperscale data center features air- and liquid-cooled infrastructure designed to meet rising demand from high-density artificial intelligence applications.

Seoul, September 25, 2025 – Warburg Pincus, the pioneer of global growth investing, today announced that the firm, in partnership with DC Connects, a South Korean data center developer, and Wide Creek AMC, a Seoul-based Asset Manager, has acquired a greenfield site in Yongin City to develop an 80-megawatt hyperscale data center. Construction has officially commenced following the groundbreaking of the landmark project.

The nearly 58,000 square meter facility is strategically located in close proximity to Gangnam and Pangyo, often referred to as the “Silicon Valley of South Korea”—home to major technology firms with strong demand for hyperscale data centers. Designed to meet the highest international standards, the data center facility will feature a high-efficiency air- and liquid-cooling system capable of supporting high-density artificial intelligence (AI) applications ranging from 60kW to 200kW. Equipped with fan walls and coolant distribution units (CDUs), the facility will be fully prepared to meet the needs of global cloud service providers and enterprise clients deploying AI and machine learning (ML) capabilities. The facility is targeted to be ready for service by 2027.

Dongkun Cho, Principal of Warburg Pincus, said, “South Korea represents one of the most compelling markets for next-generation digital infrastructure investment. As Asia’s fourth-largest economy and one of the most advanced ICT ecosystems globally, the country continues to experience accelerating demand for data capacity, driven by AI adoption, cloud migration, and the government’s ‘Digital New Deal’ initiative. At the same time, the Greater Seoul area faces a limited pipeline of large-scale, well-permitted sites with secured power, creating a highly attractive supply–demand dynamic. Partnering with DC Connects and Wide Creek AMC, we are excited to develop a state-of-the-art, 80MW hyperscale data center in Yongin that will deliver reliability, efficiency, and high-density capabilities to meet the evolving needs of global and domestic technology leaders.”

Jaewoo Choi, Founder and CEO of DC Connects, added, “We are proud to break ground on a strategic asset designed from the ground up to meet growing demand from global and local cloud and AI leaders. With 80MW of capacity, best-in-class cooling and power systems, and built-in flexibility for rapid deployment, this data center will deliver the reliability, efficiency, and high-density capabilities that tenants need to operate at scale. This project brings together global expertise, local knowledge, and the dedication of our homegrown team. Together with our partners, we are committed to building secure, future-ready data centers that support our tenants’ long-term growth.”

Hosung Lee, Investment Director of Wide Creek Asset Management, said, “We are pleased to announce the groundbreaking of our second hyperscale data center project. Located in southern Greater Seoul, the asset will be the only hyperscale data center expected to be operational in the area within the next three years, offering exceptional accessibility and industry-leading specifications to clients. The new data center is designed to serve as the optimal choice for clients pursuing AI adoption and digital transformation. We believe that this investment underscores our proven capabilities across the entire development cycle — from strategic land acquisition and regulatory approvals to contractor selection and construction management. Looking ahead, we plan to continue investing in the new economy sector through our strong partnership with Warburg Pincus.”

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About Warburg Pincus

Warburg Pincus LLC is the pioneer of private equity global growth investing. A private partnership since 1966, the firm has the flexibility and experience to focus on helping investors and management teams achieve enduring success across market cycles. Today, the firm has more than $86 billion in assets under management, and more than 220 companies in their active portfolio, diversified across stages, sectors, and geographies. Warburg Pincus has invested in more than 1,000 companies across its private equity, real estate, and capital solutions strategies.

Warburg Pincus began investing in Asia real estate in 2005. Today, it has become one of the largest and most successful investors in the region, with nearly $10 billion invested in around 60 real estate platforms and ventures across Asia Pacific. For more information, please visit www.warburgpincus.com.

About DC Connects

DC Connects is a data center developer dedicated to meeting the fast-growing demand for digital infrastructure in South Korea. The company provides secure, reliable, and internationally certified facilities that support cloud and AI services, enterprises, and government agencies. Founded by Jae Woo Choi—a seasoned industry leader with experience at Fortune 500 companies including 3M, ABB, and AWS. Most recently, he served as Country Head of DCI Data Center, bringing deep expertise and proven leadership to DC Connects.

About Wide Creek Asset Management

Since its establishment in 2020, Wide Creek Asset Management has set up a total of 14 development projects and has recorded a cumulative AUM exceeding 2.9 trillion won. The firm specializes in innovative real estate investment, operation, and development with a customer-centered and community-focused approach. With a fast-paced and dynamic organizational culture, Wide Creek aims to become a model asset management firm leading the rapidly changing financial markets.

Media Contact

Warburg Pincus – Lisa Liang, Asia Head of Marketing and Communications – Lisa.Liang@warburgpincus.com

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Carlyle Announces the Listing of Orion Breweries on the Prime Market of the Tokyo Stock Exchange

Carlyle

Tokyo, Japan, 25 September 2025 – Global investment firm Carlyle (NASDAQ: CG) today announced the listing of Orion Breweries (“Orion”), one of Japan’s leading breweries, on the Prime Market of the Tokyo Stock Exchange. As part of the IPO, Carlyle has sold its entire stake in Orion, assuming full exercise of the over-allotment option.

Founded in 1957 in Okinawa, Orion has over 60 years of history as a brewery and is today recognized as the region’s leading beer brand. Known for its flagship “Orion” branded beer, the company produces and sells a range of alcoholic beverages and soft drinks while also operating a hotel and tourism business.

Carlyle, alongside Nomura Capital Partners, acquired Orion in 2019 and have since worked closely with Orion’s management team to develop and execute a long-term growth strategy aimed at enhancing the company’s brand and driving sustainable growth. This has been achieved through strengthening the company’s management through the appointment of new talent, capturing tourism demand in Okinawa while also expanding the brand overseas, and enhancing manufacturing capacity and optimizing of the supply chain.

Takaomi Tomioka, Co-Head of Carlyle Japan, said: “It has been a real pleasure to work with Murano-san and the Orion management team to grow a much-loved brand. We are grateful to the company’s employees and stakeholders, including the people of Okinawa, for their trust and support. Today’s listing is an important milestone for the company and we wish them continued success in the years ahead.”

Hajime Murano, President and CEO of Orion, said: “We have received invaluable strategic guidance from Carlyle following their investment in 2019 that has contributed significantly to enhancing our corporate value. We are grateful for their support and dedication, which ultimately led to Orion’s listing on the Prime Market of the Tokyo Stock Exchange. Looking ahead, we remain committed to building a brand rooted in its Okinawan heritage that brings smiles to people around the world.”

Carlyle’s Japan buyout platform has invested more than JPY 600 billion across approximately 40 private equity investments since 2000. Orion represents the tenth portfolio company of Carlyle’s Japan buyout platform to become a listed company in the region, and follows the IPO of Rigaku Holdings Corporation in October 2024.

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About Carlyle 
Carlyle (NASDAQ: CG) is a global investment firm with deep industry expertise that deploys private capital across its business and conducts its operations through three business segments: Global Private Equity, Global Credit, and Carlyle AlpInvest. With $465 billion of assets under management as of June 30, 2025, Carlyle’s purpose is to invest wisely and create value on behalf of its investors, portfolio companies, and the communities in which we live and invest. Carlyle employs more than 2,300 people in 27 offices across four continents. Further information is available at www.carlyle.com. Follow Carlyle on X @OneCarlyle and LinkedIn at The Carlyle Group.

 

This press release does not constitute an offer to sell, or a solicitation, or an invitation to trade securities in Japan, the United States or any other state or applicable jurisdiction. Securities of Orion Breweries may not be offered or sold absent required registration or qualification under the securities laws of applicable states or jurisdiction or an exemption from such registration(s). Any public offering of securities to be made in Japan,  the United States or any other state or other jurisdiction will be made by means of a prospectus that may be obtained from Orion Breweries and that will contain detailed information about the Orion Breweries and its management, as well as financial statements. This press release has not been reviewed or approved by any regulator or securities exchange and is for information purposes only. All information and statements provided herein are as of the date of this press release and Carlyle is under no obligation to update any statement.

 

Media Contacts

Carlyle

Andrew Kenny
+44 7385 662334
andrew.kenny@carlyle.com

Kaede Haseda
+81 80 4209 1053
kaede.haseda@carlyle.com

 

Brunswick Group

Masato Ui / George Ohyama
+81 80 6538 2109 / +81 80 7340 1015
carlylejp@brunswickgroup.com

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Announcing our investment in Inspiren

Scale Venture Partners

Scale is excited to announce our investment in Inspiren’s $100M Series B!

By 2030, 1 in 5 Americans will be aged 65 or older, and without technology senior living communities won’t be able to safely keep up with demand. Inspiren is creating a safer future for older adults by helping senior living communities deliver safer, higher quality care through unifying resident safety, care planning, staffing, and emergency response into a single, AI-powered platform.

Today, senior living care teams are flying blind on critical details of patient care and rely on inaccurate care plans, midnight rounding, and some of the worst software you’ve ever seen to deliver care to incredibly vulnerable patient populations. Inspiren replaces guesswork with data by combining hardware and software to give care teams a real-time view of resident behavior they can use for both tactical care delivery and long-term planning. The end result? Safe residents, happy staff members, and financially prosperous senior living communities.

Inspiren is a case study in category creation and how impeccable execution can shift industry sentiment in a matter of months. We were first introduced to the business last fall and were immediately impressed with Alex and the value Inspiren was delivering to its early adopters. However, industry sentiment at large was mixed. Theoretical ROI was easy to grok, but operators burned by past generations of technology over-promising and under-delivering had concerns about product quality and resident privacy. Fast forward eight months and industry sentiment had totally flipped: Inspiren is the obviously better way to run a senior living community.

So what changed and convinced operators that Inspiren should be the new standard of care? At the core of Inspiren’s success is privacy-first design driven by tight coupling between hardware and software. When a community adopts Inspiren, sensors are installed in resident’s rooms that monitor activity and alert nurses when residents might be in trouble. To be clear, these aren’t security cameras: they’re beautiful, unobtrusive devices that leverage audio, visual, and radar inputs to create a privacy-preserving digital twin of every resident. Care teams get exactly the right amount of information to help residents when they need it and residents don’t feel like they’re living under a surveillance state.

Informed care teams are effective care teams and Inspiren’s data helps create safer communities. This is particularly important when resident needs change rapidly. When residents join a community, there’s an initial medical evaluation that determines a care plan based on their needs. However, resident health can change meaningfully in a matter of weeks. In the current state, care teams will recognize that and start ad-hoc delivering more care, but without a formal re-evaluation the care plan won’t be rigorous, and the community won’t be compensated for the increased care levels. Inspiren changes that. Data from Inspiren’s sensors is fed back into their software platform and will proactively flag residents who might need increased care. Inspiren’s clinical team reviews that data with communities and together they make sure that all residents are getting the care they need with financial arrangements that make sense for the community. The results are stunning: Inspiren customers are seeing 80%+ reductions in bedroom-related falls with an injury.

Inspiren is the latest of many bundled sensors and software deals in our portfolio and joins the likes of Motive, Locus Robotics, Spot AI, VergeSense, and others injecting intelligence into real-world operations. A hard-earned learning of ours is that it’s incredibly difficult to build a sensor + software platform that delivers hard ROI to customers at a price point that makes the unit economics work for the business. Alex, Michael, and the rest of the Inspiren team have done exactly that and are helping some of the largest senior living communities better serve thousands of residents and their families. We’re honored to be a part of their mission.

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Jensen Hughes Acquires Professional Loss Control Inc., Strengthening Its Presence in Canada

Gryphon Investors

The acquisition reinforces Jensen Hughes’ position in Canada and supports growth across key markets.

Jensen Hughes, a global leader in fire & life safety, security and risk-based engineering and consulting, today announced the acquisition of the Canadian operations of Professional Loss Control Inc., doing business as PLC Fire Safety Engineering – a highly respected fire & life safety engineering firm headquartered in Mississauga, Ontario, with operations spanning the country. This strategic acquisition broadens Jensen Hughes’ footprint across Canada and enhances its ability to support clients across critical industries, including nuclear, transit, industrial and healthcare.

Founded in 1983, PLC Fire Safety Engineering has built a strong reputation for its deep technical expertise, client-first approach and commitment to fire and explosion protection and prevention. The company provides a comprehensive range of services, including engineering assessments and analyses, code consulting, fire protection system design and consulting, training and fire safety planning, fire audits and fire event investigation. They are particularly well known for their longstanding support of Canada’s nuclear facilities, including power plants, waste management locations, research laboratories, mines and fuel processing facilities and leadership in complex environments.

“We’re proud to welcome PLC Fire Safety Engineering to the Jensen Hughes family,” said Raj Arora, CEO of Jensen Hughes. “Their exceptional technical and leadership talent, strong client relationships and deep understanding of high-risk sectors align perfectly with our strategic priorities. Together, we’ll continue delivering industry-leading fire protection solutions while expanding our footprint and capabilities across Canada.”

With the addition of PLC Fire Safety Engineering, Jensen Hughes strengthens its ability to serve clients with local knowledge backed by global resources – an alignment that resonates deeply with both organizations.

“Joining Jensen Hughes is an exciting next step for our team,” said Ghaith Qamheiah, Principal and President of PLC. “Our companies share a strong cultural alignment around technical excellence, innovation and integrity. This partnership will allow us to better serve our clients, provide new growth opportunities for our people and contribute to advancing fire and life safety across Canada and beyond.”

The integration process is already underway, with leadership from both organizations working closely to ensure a seamless transition for employees and clients.

Jensen Hughes is backed by middle-market private investment firm Gryphon Investors.

About Jensen Hughes

Jensen Hughes is the global leader in engineering, consulting and technology that make our world safe, secure and resilient. Worldwide, we are recognized most widely for our leadership in fire protection engineering while also specializing in other critical competencies core to our purpose – strategic capabilities we have been expanding for years. These include accessibility consulting, risk and hazard analysis, process safety, forensic investigations, security risk, and emergency management, as well as digital innovation across many of our services. Today, our 1,800+ engineers, consultants, analysts and strategists work from over 100 offices, supporting clients in over 100 countries across all markets – from government, healthcare, science and technology to energy, mission-critical and transportation. For more information, visit www.jensenhughes.com.

About Gryphon Investors

Gryphon Investors is a leading middle-market private investment firm focused on profitably growing and competitively advantaged companies in the Business Services, Consumer, Healthcare, Industrial Growth, Software, and Technology Solutions & Services sectors. With more than $10 billion of assets under management, Gryphon prioritizes investments in which it can form strong partnerships with founders, owners, and executives to accelerate the building of leading companies and generate enduring value through its integrated deal and operations business model. Gryphon’s highly differentiated model integrates its well-proven Operations Resources Group, which is led by full-time, Gryphon senior operating executives with general management, human capital acquisition and development, treasury, finance, and accounting expertise. Gryphon’s three core investment strategies include its Flagship, Heritage, and Junior Capital strategies, each with dedicated funds of capital. The Flagship and Heritage strategies target equity investments of $50 million to $500 million per portfolio company. The Junior Capital strategy targets investments of $10 million to $25 million in junior securities of credit facilities, arranged by leading middle-market lenders, in both Gryphon-controlled companies, as well as in other private equity-backed companies operating in Gryphon’s targeted investment sectors.

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New York Cancer & Blood Specialists (NYCBS) Partners with OncoveryCare to Launch Cancer Survivorship Care

.406 Ventures

OncoveryCare’s survivorship-trained clinicians will treat the chronic and late-effects of cancer treatment to help bring comprehensive care to New York Cancer & Blood Specialists’ cancer survivor population.

 

RIDGE, NY / ACCESS Newswire / September 24, 2025 / New York Cancer & Blood Specialists (NYCBS), one of the nation’s leading community oncology practices, today announced a partnership with OncoveryCare to provide personalized, ongoing care to the NYCBS survivor population. Beginning today, OncoveryCare will work alongside NYCBS oncologists to treat the chronic and late effects of cancer treatment and provide comprehensive cancer follow-up care for NYCBS patients.

As cancer diagnoses increase and mortality rates fall with improvements in treatment, survivorship has become one of cancer care’s most urgent priorities. By 2040, the number of cancer survivors in the United States is expected to reach 26 million – up from 18 million in 2022. At the same time, cancer is increasingly diagnosed at younger ages, leaving survivors to manage its effects for decades. Survivorship care addresses the full spectrum of needs beyond treatment – including managing treatment toxicities, chronic co-morbidities, and mental health. Integrating survivorship into oncology ensures patients receive continuous, comprehensive care.

Through this collaboration, OncoveryCare will deliver comprehensive survivorship care, including integrated medical and behavioral healthcare, to help cancer survivors fully engage in life after cancer. OncoveryCare’s clinical team comprises survivorship-trained Advanced Practice Providers and Licensed Clinical Social Workers with extensive experience in medical oncology, who treat survivorship-related conditions such as fatigue, joint pain, sexual dysfunction, insomnia, anxiety, and more. OncoveryCare clinicians are integrated as part of the broader oncology team – working in close collaboration with the patient’s existing care team.

Dr. Jeff Vacirca, CEO of NYCBS and Co-founder of OneOncology, said “Cancer survivorship is one of the most important frontiers in oncology. Our partnership with OncoveryCare ensures that our patients don’t just survive cancer, but truly thrive in life after treatment. Together, we are setting a new standard for comprehensive survivorship care that addresses every aspect of a patient’s well-being.”

“Cancer doesn’t end when treatment does, and neither should care,” said Dr. MaryAnn Fragola, Chief of Wellness Services at NYCBS. “Through our partnership with OncoveryCare, we are strengthening our commitment to whole-person, patient-centered care by addressing the long-term medical, emotional, and on-going needs of survivors and their loved ones.”

Hil Moss, Co-Founder and CEO of OncoveryCare, said “New York Cancer & Blood Specialists is an innovative leader in oncology, and we’re thrilled to launch a partnership that will transform care for survivors in New York.” Dr. Justin Grischkan, Co-Founder and Chief Medical Officer at OncoveryCare, added, “We are inspired by NYCBS’s commitment to providing comprehensive survivorship care to their patients.”

About New York Cancer & Blood Specialists

New York Cancer & Blood Specialists is a leading oncology practice dedicated to providing world class, patient-centered, and affordable care to individuals with cancer and blood disorders throughout New York State. With locations across Long Island, New York City, and Upstate New York, our mission is to bring world-class cancer care close to home, where patients can heal with the support of family and community.

About OncoveryCare

OncoveryCare delivers comprehensive, whole-person care to cancer survivors. As the population of survivors grows rapidly alongside advances in medicine, OncoveryCare provides the personalized, longitudinal care that cancer survivors need to lead happier, healthier lives. Founded by a breast cancer survivor and a physician, OncoveryCare deploys a survivorship-trained clinical team to treat the chronic and late-effects of each survivor’s cancer treatment and equip survivors with the tools they need to manage their survivorship journey.

OncoveryCare is backed by leading investors and oncology stakeholders, including .406 Ventures, Tennessee Oncology’s McKay Institute, F-Prime, and Oncology Ventures. Learn more at www.oncoverycare.com, and follow us on LinkedIn and Instagram @oncoverycare.

Media Contact
Chloe Baldwin
Senior Manager, Community & Marketing
chloe@oncoverycare.com

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SAI360 Recognized With Fall 2025 G2 Badges

Stg Partners

SAI360, a global leader in ethics, governance, risk, and compliance (GRC) technology, announced it is a recipient of multiple G2 Fall 2025 badges. Based on verified customer reviews and satisfaction scores from G2, the badges highlight SAI360’s innovative GRC platform. 

SAI360 was awarded the following four badges:

  • Highest User Adoption – Enterprise Ethics & Compliance Training
  • High Performer – Business Continuity Management
  • Leader – Enterprise Operational Risk Management
  • Users Love Us – SAI360 GRC Platform

“This recognition is meaningful because it reflects not just our technology, but the trust and insights of those who rely on us every day,” shares SAI360 CEO Peter Granat. “We are honored to be selected by G2 and appreciate our customers for taking the time to share their feedback.”

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Jensen Hughes Acquires Professional Loss Control Inc., Strengthening Its Presence in Canada

Gryphon Investors

The acquisition reinforces Jensen Hughes’ position in Canada and supports growth across key markets.

Jensen Hughes, a global leader in fire & life safety, security and risk-based engineering and consulting, today announced the acquisition of the Canadian operations of Professional Loss Control Inc., doing business as PLC Fire Safety Engineering – a highly respected fire & life safety engineering firm headquartered in Mississauga, Ontario, with operations spanning the country. This strategic acquisition broadens Jensen Hughes’ footprint across Canada and enhances its ability to support clients across critical industries, including nuclear, transit, industrial and healthcare.

Founded in 1983, PLC Fire Safety Engineering has built a strong reputation for its deep technical expertise, client-first approach and commitment to fire and explosion protection and prevention. The company provides a comprehensive range of services, including engineering assessments and analyses, code consulting, fire protection system design and consulting, training and fire safety planning, fire audits and fire event investigation. They are particularly well known for their longstanding support of Canada’s nuclear facilities, including power plants, waste management locations, research laboratories, mines and fuel processing facilities and leadership in complex environments.

“We’re proud to welcome PLC Fire Safety Engineering to the Jensen Hughes family,” said Raj Arora, CEO of Jensen Hughes. “Their exceptional technical and leadership talent, strong client relationships and deep understanding of high-risk sectors align perfectly with our strategic priorities. Together, we’ll continue delivering industry-leading fire protection solutions while expanding our footprint and capabilities across Canada.”

With the addition of PLC Fire Safety Engineering, Jensen Hughes strengthens its ability to serve clients with local knowledge backed by global resources – an alignment that resonates deeply with both organizations.

“Joining Jensen Hughes is an exciting next step for our team,” said Ghaith Qamheiah, Principal and President of PLC. “Our companies share a strong cultural alignment around technical excellence, innovation and integrity. This partnership will allow us to better serve our clients, provide new growth opportunities for our people and contribute to advancing fire and life safety across Canada and beyond.”

The integration process is already underway, with leadership from both organizations working closely to ensure a seamless transition for employees and clients.

Jensen Hughes is backed by middle-market private investment firm Gryphon Investors.

About Jensen Hughes

Jensen Hughes is the global leader in engineering, consulting and technology that make our world safe, secure and resilient. Worldwide, we are recognized most widely for our leadership in fire protection engineering while also specializing in other critical competencies core to our purpose – strategic capabilities we have been expanding for years. These include accessibility consulting, risk and hazard analysis, process safety, forensic investigations, security risk, and emergency management, as well as digital innovation across many of our services. Today, our 1,800+ engineers, consultants, analysts and strategists work from over 100 offices, supporting clients in over 100 countries across all markets – from government, healthcare, science and technology to energy, mission-critical and transportation. For more information, visit www.jensenhughes.com.

About Gryphon Investors

Gryphon Investors is a leading middle-market private investment firm focused on profitably growing and competitively advantaged companies in the Business Services, Consumer, Healthcare, Industrial Growth, Software, and Technology Solutions & Services sectors. With more than $10 billion of assets under management, Gryphon prioritizes investments in which it can form strong partnerships with founders, owners, and executives to accelerate the building of leading companies and generate enduring value through its integrated deal and operations business model. Gryphon’s highly differentiated model integrates its well-proven Operations Resources Group, which is led by full-time, Gryphon senior operating executives with general management, human capital acquisition and development, treasury, finance, and accounting expertise. Gryphon’s three core investment strategies include its Flagship, Heritage, and Junior Capital strategies, each with dedicated funds of capital. The Flagship and Heritage strategies target equity investments of $50 million to $500 million per portfolio company. The Junior Capital strategy targets investments of $10 million to $25 million in junior securities of credit facilities, arranged by leading middle-market lenders, in both Gryphon-controlled companies, as well as in other private equity-backed companies operating in Gryphon’s targeted investment sectors.

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Apollo Expands Wealth Platform with Three Evergreen ELTIFs, Unlocking Broader Access to Private Markets

Apollo logo

Apollo European Private Credit ELTIF, Apollo Global Diversified Credit ELTIF and Apollo Global Private Markets ELTIF Receive Regulatory Authorization

Launch Provides Investors in EMEA as well as Asia and LatAm with Greater Access to Institutional-Quality Private Markets Strategies Under the ELTIF 2.0 Regime

LONDON, Sept. 24, 2025 (GLOBE NEWSWIRE) — Apollo (NYSE: APO) today announced that it has received regulatory authorization to launch three new evergreen, semi-liquid European Long-Term Investment Funds (“ELTIFs” or the “Funds”):

  • Apollo European Private Credit ELTIF (“AEPC ELTIF”), an evergreen, semi-liquid fund that will seek to provide investors with attractive income from newly originated, primarily first-lien, senior secured direct lending to large-cap and upper middle-market European companies
  • Apollo Global Diversified Credit ELTIF (“AGDC ELTIF”), an evergreen, semi-liquid fund that will seek to provide investors with attractive income through a global, multi-asset credit strategy. The fund is designed to invest dynamically across private credit sectors, including direct lending and asset-backed finance
  • Apollo Global Private Markets ELTIF (“AGPM ELTIF”), an evergreen, semi-liquid fund that will seek to provide investors with long-term capital appreciation by investing in private companies globally via secondaries and co-investments sourced across the Apollo platform

Apollo expects to bring the ELTIFs to market in the coming months via the Apollo Private Markets Umbrella SICAV, having received authorization from Luxembourg’s Commission de Surveillance du Secteur Financier (“CSSF”). With these launches, Apollo’s Global Wealth business will have eight evergreen Luxembourg products available on its platform, where it continues to build a full suite of solutions and turnkey access points to institutional-quality private markets strategies that are available to investors in Europe, Asia and Latin America, subject to applicable local law and investor eligibility requirements.

The three new products will launch under the ELTIF 2.0 fund regime, providing individual investors with greater access to Apollo’s private markets expertise via tailored, evergreen formats and broader distribution channels.

Veronique Fournier, Head of EMEA Global Wealth, said: “With these three new ELTIFs, we continue to bring the best of Apollo’s investing expertise to wealth investors in Europe and around the world, in product formats tailored to their needs. Apollo has been an early mover under the ELTIF regime, launching the closed-end ACT Equity ELTIF in 2023, and we’re thrilled to now have authorization for three new evergreen formats under the 2.0 regime.”

Fournier continued, “In our Global Wealth business we continue to expand our holistic suite of solutions to meet growing demand from investors seeking to build diversified portfolios with meaningful private markets exposure.”

Apollo’s Global Wealth business reported $9 billion of inflows in the first half of 2025, across 18 separate strategies. The business continues to invest in its product and distribution, growing global team and educational resources to bring turnkey access to diversified private markets.

To learn more about Apollo’s Global Wealth business, please visit Apollo.com/Wealth.

About Apollo
Apollo is a high-growth, global alternative asset manager. In our asset management business, we seek to provide our clients excess return at every point along the risk-reward spectrum from investment grade credit to private equity. For more than three decades, our investing expertise across our fully integrated platform has served the financial return needs of our clients and provided businesses with innovative capital solutions for growth. Through Athene, our retirement services business, we specialize in helping clients achieve financial security by providing a suite of retirement savings products and acting as a solutions provider to institutions. Our patient, creative, and knowledgeable approach to investing aligns our clients, businesses we invest in, our employees, and the communities we impact, to expand opportunity and achieve positive outcomes. As of June 30, 2025, Apollo had approximately $840 billion of assets under management. To learn more, please visit www.apollo.com.

Contacts
Noah Gunn
Global Head of Investor Relations
Apollo Global Management, Inc.
(212) 822-0540
IR@apollo.com

Joanna Rose
Global Head of Corporate Communications
Apollo Global Management, Inc.
(212) 822-0491
Communications@apollo.com / EuropeanMedia@apollo.com

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