Latinas in Aviation Announces Shakar Soltani As #Pilotina Scholarship Recipient; Soltani receives $5,000 scholarship to continue studies in aviation, aerospace fields

NAPERVILLE, Ill., Feb. 3, 2021 /PRNewswire-PRWeb/ — Fig Factor Media announced Shakar Soltani of Dallas as the winner of the inaugural #PILOTINA Scholarship. Valued at $5,000, the scholarship will help Soltani fulfill her educational dreams in building a career in the aviation and aerospace industries.

Proceeds from the bulk sales of <a target="_blank"…

NAPERVILLE, Ill., Feb. 3, 2021 /PRNewswire-PRWeb/ — Fig Factor Media announced Shakar Soltani of Dallas as the winner of the inaugural #PILOTINA Scholarship. Valued at $5,000, the scholarship will help Soltani fulfill her educational dreams in building a career in the aviation and aerospace industries.

Proceeds from the bulk sales of «Latinas in Aviation,» an inspirational, nonfiction book presenting the stories of Latinas in this industry by Fig Factor Media, help fund the scholarship. Fig Factor CEO and Founder Jacqueline S. Ruiz said that the inspiration for her to create such a scholarship came from a chance meeting with Evelyn Miralles at the United Nations in New York. Miralles, the former chief principal engineer for the Virtual Reality Laboratory, an astronaut training facility at NASA Johnson Space Center in Houston, wrote the preface of «Latinas in Aviation.»

«I LOVE aviation because it has changed my life in so many ways and the passion that I feel for the industry leads me to create children’s books, products, the «Latinas in Aviation» book and the Latinas in Aviation Magazine,» said Ruiz, herself a licensed sports pilot. «I want to support young Latinas who want to enter the aviation and aerospace industries. I’m committed with all my heart to help them while I pursue my next license and ratings as a pilot.»

About 20 applicants entered the contest which was open to women ages 18 to 25 of Latin American origin or descent who live in the United States and are pursuing a Science, Technology, Engineering or Math (STEM) degree and are seeking to enter the aerospace industry, or be pursuing aviation. Ten judges reviewed the submissions and chose Soltani.

In her essay, Soltani described how she developed a strong work ethic at a young age as she lived in a low-income household with her Iranian-born father, Mexican-born mother and five siblings. While earning a Bachelor of Arts in business administration in marketing from Texas Woman’s University, she was one of 132 selected from almost 10,000 applicants to participate in Southwest Airlines’ internship program. It was a rewarding experience as she developed critical thinking skills and learned how to collaborate and consult with the Southwest Corporate Sales team.

Soltani graduated in 2017. After her internship, she became a flight attendant for Spirit Airlines, and her love of aviation flourished. Her interest in becoming a pilot came from meeting one of the airline’s 68 women pilots who became a mentor and invited her to the 2019 Women in Aviation Conference. Soltani signed up for a discovery flight and never looked back. She has been active in 11 aviation organizations, volunteered for 16 career days, and has been a speaker.

There have been challenges and sorrows that put Soltani on an emotional rollercoaster ride of depression, anxiety, intimidation, and exhaustion. Last year, she lost two family members to COVID-19 and put her dream of completing her private pilot certification process on hold due to the expensive costs of aviation school. Working as a substitute teacher for the Dallas Independent School District, it will take Soltani many years to save up to attend aviation school. The scholarship came at the right time for her.

Receiving the scholarship check in her hands brought Soltani to tears because she knew she could resume her dreams of being a professional pilot and a role model of resilience and perseverance.

«It was so hard to overcome my depression and anxiety, but I did and it’s because of supporters like you,» Soltani explained. «People with my upbringing don’t normally do what I’m so lucky to do. I want to change that, and I know you all do too. I oftentimes wonder what I did to deserve this beautiful life I live. I’m so grateful.»

For more information about Fig Factor Media, visit http://www.figfactormedia.com.

About Fig Factor Media:

Fig Factor Media Publishing is an international publishing company with a «beeping» heart. Fig Factor Media has helped many authors achieve and support their dream of impacting their communities in the United States, Mexico and Europe. Fig Factor Media is the official publisher of Today’s Inspired Latina. For information, visit http://www.figfactormedia.com. ###

Media Contact

Marie Lazzara, JJR Marketing, 630-400-3361, marie@jjrmarketiing.com

 

SOURCE Latinas in Aviation

Local Chicago Wheelchair-Accessible Transportation Company Providing Sanitized Rides Amidst COVID-19 Pandemic

CHICAGO, Feb. 3, 2021 /PRNewswire-PRWeb/ — Despite the growing pandemic, locally-owned and operated transportation company BriteLift continues to provide wheelchair-accessible rides to patients all across the <span…

CHICAGO, Feb. 3, 2021 /PRNewswire-PRWeb/ — Despite the growing pandemic, locally-owned and operated transportation company BriteLift continues to provide wheelchair-accessible rides to patients all across the Chicago Metropolitan Area and surrounding areas (also expanded to South-East Wisconsin).

The Rosemont-based company says that they are doing all they can to assist in the growing fight to flatten the curve and slow down the rise of cases in the area, modifying their vehicles and facilities to cater to patients both positive of COVID-19 and patients suspected to be carrying the virus.

«About 30–35 cases a week», says BriteLift co-owner Steve Rapaport when asked about the number of passengers with suspected COVID-19 that they transport to and from local medical centers. Since wheelchair users may have underlying conditions and are at higher risk during the pandemic, safety and sanitation become more important than ever. At BriteLift, as part of their response to the pandemic, extra measures have been put in place to protect both drivers and passengers including plastic partitions, free supply of hand sanitizer and masks, high-standard disinfection of touchable surfaces after every ride, and thorough fogging sanitation.

The number of positive cases continues to rise in Illinois. Local health officials reported 3296 newly confirmed and probable cases on January 30, 2021, bringing the total number of known infections in the state alone to just over 1.13M and the statewide death toll to 21,253 since the early onset of the pandemic last year.

Igor Yavnoshan, a driver for BriteLift for over three years, shares his thoughts on driving professionally at this time saying that he understands the difficulties patients may go through and empathizes with his passengers as a major part of his job, especially those utilizing wheelchairs and mobility aids.

«It’s no different now. People still need healthcare today, maybe now more than ever,» says Yavnoshan. The 58-year-old began professionally driving in 2014. Yavnoshan has a personal connection to the disabled community. He was previously in a major car accident with his family that left him severely injured. After a successful surgery, he spent a month restricted to a wheelchair and going to rehabilitation, occasionally traveling from his home in Madison, Wisconsin to the local hospital. The experience in therapy, he recalled, was difficult and uncomfortable, having to be taken around in a wheelchair and eating with a straw because his jaw was wired shut. According to him, this event is a big influence on how he interacts with customers, and why he cares so much about their comfort as they ride with him. Yavnoshan, along with the other BriteLift drivers are specially trained and certified to provide extra assistance into buildings, helping passengers all the way into their destinations.

About BriteLift

Addressing the lack of transportation options for wheelchair users, BriteLift built their company on the foundation of giving wheelchair users back their freedom and independence through safe transportation. They have established a passionate team, as exemplified in Igor Yavnoshan, to make sure the disabled Chicago community is taken care of. According to them, the growing pandemic only strengthens their cause, giving them a newer sense of responsibility in their community.

For more information, call their 24/7 customer service at 847-792-1212, download the BriteLift App, or visit their website at BriteLift.com for reservations.

Media Contact

Eric Mulvin, BriteLift, 4803313742, eric@pac-biz.com

 

SOURCE BriteLift

Fintech Welcomes Over 300 MAPCO Express, Inc Locations

TAMPA, Fla., Feb. 3, 2021 /PRNewswire-HISPANIC PR WIRE/ — Financial Information Technologies, LLC («Fintech»), the leading business solutions provider for the beverage alcohol industry, today announced that MAPCO Express, Inc has enrolled 336 of their convenience store locations. This partnership brings Fintech’s industry-leading automated beverage alcohol payments and data integration to MAPCO’s corporate locations across seven states.

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TAMPA, Fla., Feb. 3, 2021 /PRNewswire-HISPANIC PR WIRE/ — Financial Information Technologies, LLC («Fintech»), the leading business solutions provider for the beverage alcohol industry, today announced that MAPCO Express, Inc has enrolled 336 of their convenience store locations. This partnership brings Fintech’s industry-leading automated beverage alcohol payments and data integration to MAPCO’s corporate locations across seven states.

Fintech Logo

The selection of Fintech for beverage alcohol management comes from MAPCO’s short-and long-term goals to improve operational efficiency while also strengthening corporate visibility in the company’s beverage alcohol category. To ensure a successful rollout, Fintech worked diligently with MAPCO’s purchasing, finance, price book, and IT teams, as well as their distributor partners. Further, Fintech established a seamless alcohol invoice data integration into MAPCO’s back-office software, PDI Enterprise, to bring immediate and actionable data to the appropriate teams.

«The transition to Fintech has already given our teams the resources necessary to improve our beverage alcohol business. Fintech provides excellent communication and client support, and we look forward to a long, mutually-beneficial business partnership,» said Keith Slater, MAPCO CFO.

«We are proud to welcome MAPCO to our growing network of convenience store retailers utilizing Fintech’s profit-building platform. We remain committed to world-class service and are pleased to provide MAPCO with intuitive technology and data integration that will enhance operations as they continue to grow their business,» said Tad Phelps, Fintech CEO.

About MAPCO Express, Inc

The MAPCO team of more than 3,200 dedicated employees with a strong commitment to customer service delivers Convenience You Can TRUST® at more than 340 company-owned convenience and fuel retailing stores. Operating in Tennessee, Alabama, Georgia, Arkansas, Virginia, Kentucky and Mississippi, MAPCO stores offer a wide array of high-quality products and services. Customers can refresh and recharge with freshly brewed coffee, packaged snacks and drinks, high-quality fuel and special deals through the industry-leading MY Reward$ loyalty program. MAPCO and its subsidiaries also operate a fuel logistics business comprised of more than 100 tankers and a fuel wholesale and fleet group serving more than 125 accounts. MAPCO is a subsidiary of COPEC, a leading South America-based retail company.

About Fintech

Fintech is the leading business solutions provider of affordable technology built to simplify beverage alcohol management for any business, of any size, that sells alcohol. We empower retailers, distributors, and suppliers by automating essential manual processes and data insights associated with product catalog management, alcohol invoice payment, customer sales management, and industry data collection. With over 30 years of industry experience and unwavering dependability, Fintech delivers an immediate ROI to 650,000 business relationships nationwide. By simplifying the day-to-day functions necessary to protect and grow margins, teams can get back to doing what they do best – taking care of customers and growing their businesses. To learn more, visit www.fintech.com.

FINANCIAL-INFORMATION-TECHNOLOGIES, LLC. is the owner of the trademark FINTECH, the Stylized F Logo, and several other trademarks and service marks, many of which are registered at the U.S. Patent and Trademark Office. The underlying software behind the services offered by FINANCIAL-INFORMATION-TECHNOLOGIES, LLC and content of this website are ©2020 FINANCIAL-INFORMATION-TECHNOLOGIES, LLC. All rights reserved.

Contact: Misha Hart, 800.572.0854 x 3827, mhart@fintech.com

Follow @Fintech on Facebook, Twitter, and LinkedIn

Logo – https://mma.prnewswire.com/media/562037/Fintech_logo_with_tm_dk_bl.jpg  

SOURCE Fintech

Spire joins ONE Future Coalition’s efforts to reduce methane emissions to 1% or less by 2025

ST. LOUIS, Feb. 3, 2021 /PRNewswire/ — As part of Spire’s commitment to the environment and the communities it serves, the natural gas provider is joining the ONE Future Coalition, a group of 37 energy companies voluntarily working together to reduce methane emissions to 1% or less by 2025.

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ST. LOUIS, Feb. 3, 2021 /PRNewswire/ — As part of Spire’s commitment to the environment and the communities it serves, the natural gas provider is joining the ONE Future Coalition, a group of 37 energy companies voluntarily working together to reduce methane emissions to 1% or less by 2025.

Spire’s partnership with ONE Future builds on the company’s commitment to become a carbon neutral company by midcentury. Just this week, Spire appointed their first Head of Environmental Commitment, guiding the company’s path to carbon neutrality. In addition, Spire continues to see success in reducing methane emissions, decreasing emissions by more than 39% since 2005 with a nearly 54% reduction projected by 2025, well ahead of international standards.

«As an energy provider, it’s our privilege and responsibility to care for our planet. We are excited to join this diverse mix of peers to collaboratively reduce methane emissions and collectively report on our success,» said Spire President & CEO Suzanne Sitherwood. «We believe that natural gas has an important role to play in the transition to a low-carbon future. Partnerships like ONE Future help solidify that role and will help guide us to be a carbon neutral company.»

«The innovative efforts of the ONE Future Coalition allow us to build consensus views on new ways to reduce emissions,» said Steve Lindsey, executive vice president and chief operating officer at Spire. «Partnering with like-minded companies is essential to reducing our industry’s environmental footprint and creating a more sustainable energy future for generations to come.»

ONE Future is focused on demonstrating a performance- and science-based approach to the management of methane emissions directed toward a concrete goal: to achieve an average rate of methane emissions across the entire natural gas value chain that is 1% or less of total natural gas production and delivery. As a ONE Future member, Spire will report its 2020 methane results as part of the transmission, storage and distribution sectors, and will hold a seat on its board of directors.

«We committed to being a carbon neutral company by midcentury because it helps us hold ourselves accountable for our operational impact on the environment,» said Nick Popielski, the newly named head of environmental commitment at Spire. «Our partnership with ONE Future will help us further measure the impact across our footprint so that we can continue to reduce it over time.»

«Spire has been helping families and business owners fuel their daily lives for more than 160 years,» said Richard Hyde, executive director, ONE Future. «With a reputation of reliability and affordability that their customers depend on, we look forward to the positive enhancements that membership with the Coalition will provide.»

Since ONE Future began reporting its methane intensity, each year it has surpassed its 1% goal. The 2019 Methane Intensity Report, released in November 2020, registered a 2019 methane intensity number of 0.334%; coming under its 1% goal by 67%. This indicates that ONE Future Coalition members contributed to roughly one-third of 1% of all methane emissions from natural gas produced and delivered; demonstrating that the natural gas industry can minimize methane emissions, while increasing production.

About Spire 
At Spire Inc. (NYSE: SR), we believe energy exists to help make people’s lives better. It’s a simple idea, but one that’s at the heart of our company. Every day we serve 1.7 million homes and businesses making us the fifth largest publicly traded natural gas company in the country. We help families and business owners fuel their daily lives through our gas utilities serving Alabama, Mississippi and Missouri. Our natural gas-related businesses include Spire Marketing, Spire STL Pipeline and Spire Storage. We are committed to transforming our business through growing organically, investing in infrastructure, and advancing through innovation. Learn more at SpireEnergy.com.

About ONE Future
ONE Future was formed when seven companies came together in 2014 with a focus to collectively achieve a science-based average rate of methane emissions across our facilities equivalent to one percent (or less) of total natural gas production. Since our formation, we have grown to 37 companies accounting for the some of the largest natural gas producers, transmission, and distribution companies in the U.S. ONE Future members operate in 13 out of the 38 production basins and other segments of the value chain operate in multiple regions of the country, hence ONE Future’s data represent a geographically diverse and material share of the U.S. natural gas supply chain. Its members include Antero Resources, Apache, Ascent Resources, Atmos Energy, Berkshire Hathaway Pipeline Group,  Boardwalk Pipeline Partners, LP, Caerus Oil & Gas, Crestone Peak Resources, Crestwood, Consolidated Edison, Inc., Dominion Energy, Duke Energy, EagleClaw Midstream, Enbridge, Encino, Equinor, EQT, Equitrans Midstream, Hess, Kinder Morgan, National Grid, New Jersey Natural Gas, Northeast Natural Energy, NW Natural, ONE Gas, ONEOK, Sempra Energy, Southern Company Gas, Southern Star, Southwestern Energy, Spire, Summit Utilities, TC Energy, UGI, Williams, Woodland Midstream and Xcel Energy. For more information visit www.onefuture.us.

Media Contact:
Raegan Johnson
314-342-3300
Raegan.Johnson@SpireEnergy.com 

Media Contact ONE Future: 
Beverly Jernigan
713-494-1733
beverly@beverlypr.com

 

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SOURCE Spire Inc.

Fintech Welcomes Over 300 MAPCO Express, Inc Locations

TAMPA, Fla., Feb. 3, 2021 /PRNewswire/ — Financial Information Technologies, LLC («Fintech»), the leading business solutions provider for the beverage alcohol industry, today announced that MAPCO Express, Inc has enrolled 336 of their convenience store locations. This partnership brings Fintech’s industry-leading automated beverage alcohol payments and data integration to MAPCO’s corporate locations across seven states.

TAMPA, Fla., Feb. 3, 2021 /PRNewswire/ — Financial Information Technologies, LLC («Fintech»), the leading business solutions provider for the beverage alcohol industry, today announced that MAPCO Express, Inc has enrolled 336 of their convenience store locations. This partnership brings Fintech’s industry-leading automated beverage alcohol payments and data integration to MAPCO’s corporate locations across seven states.

The selection of Fintech for beverage alcohol management comes from MAPCO’s short-and long-term goals to improve operational efficiency while also strengthening corporate visibility in the company’s beverage alcohol category. To ensure a successful rollout, Fintech worked diligently with MAPCO’s purchasing, finance, price book, and IT teams, as well as their distributor partners. Further, Fintech established a seamless alcohol invoice data integration into MAPCO’s back-office software, PDI Enterprise, to bring immediate and actionable data to the appropriate teams.

«The transition to Fintech has already given our teams the resources necessary to improve our beverage alcohol business. Fintech provides excellent communication and client support, and we look forward to a long, mutually-beneficial business partnership,» said Keith Slater, MAPCO CFO.

«We are proud to welcome MAPCO to our growing network of convenience store retailers utilizing Fintech’s profit-building platform. We remain committed to world-class service and are pleased to provide MAPCO with intuitive technology and data integration that will enhance operations as they continue to grow their business,» said Tad Phelps, Fintech CEO.

About MAPCO Express, Inc

The MAPCO team of more than 3,200 dedicated employees with a strong commitment to customer service delivers Convenience You Can TRUST® at more than 340 company-owned convenience and fuel retailing stores. Operating in Tennessee, Alabama, Georgia, Arkansas, Virginia, Kentucky and Mississippi, MAPCO stores offer a wide array of high-quality products and services. Customers can refresh and recharge with freshly brewed coffee, packaged snacks and drinks, high-quality fuel and special deals through the industry-leading MY Reward$ loyalty program. MAPCO and its subsidiaries also operate a fuel logistics business comprised of more than 100 tankers and a fuel wholesale and fleet group serving more than 125 accounts. MAPCO is a subsidiary of COPEC, a leading South America-based retail company.

About Fintech

Fintech is the leading business solutions provider of affordable technology built to simplify beverage alcohol management for any business, of any size, that sells alcohol. We empower retailers, distributors, and suppliers by automating essential manual processes and data insights associated with product catalog management, alcohol invoice payment, customer sales management, and industry data collection. With over 30 years of industry experience and unwavering dependability, Fintech delivers an immediate ROI to 650,000 business relationships nationwide. By simplifying the day-to-day functions necessary to protect and grow margins, teams can get back to doing what they do best – taking care of customers and growing their businesses. To learn more, visit www.fintech.com.

FINANCIAL-INFORMATION-TECHNOLOGIES, LLC. is the owner of the trademark FINTECH, the Stylized F Logo, and several other trademarks and service marks, many of which are registered at the U.S. Patent and Trademark Office. The underlying software behind the services offered by FINANCIAL-INFORMATION-TECHNOLOGIES, LLC and content of this website are ©2020 FINANCIAL-INFORMATION-TECHNOLOGIES, LLC. All rights reserved.

Contact: Misha Hart, 800.572.0854 x 3827, mhart@fintech.com

Follow @Fintech on Facebook, Twitter, and LinkedIn

 

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SOURCE Fintech

WeatherTech’s Three Super Bowl Commercials Feature Made in America Focus

BOLINGBROOK, Ill., Feb. 3, 2021 /PRNewswire-PRWeb/ — WeatherTech, the leading manufacturer of premium automotive accessories, home and pet care products, will air three (two in-game, one 15 minutes prior to kickoff) new 30-second commercials during the CBS broadcast of Super Bowl LV, Feb. 7. This year marks the eighth time WeatherTech will advertise during the Big Game.

The first spot is titled «WeatherTech Family» and is scheduled to air in the second quarter of…

BOLINGBROOK, Ill., Feb. 3, 2021 /PRNewswire-PRWeb/ — WeatherTech, the leading manufacturer of premium automotive accessories, home and pet care products, will air three (two in-game, one 15 minutes prior to kickoff) new 30-second commercials during the CBS broadcast of Super Bowl LV, Feb. 7. This year marks the eighth time WeatherTech will advertise during the Big Game.

The first spot is titled «WeatherTech Family» and is scheduled to air in the second quarter of the game. In the spot, WeatherTech employees speak straight from the heart, sharing their pride in what it means to make premium automotive accessories in America and be a part of such an amazing company.

«This year we wanted to get back to our Made in America message,» David MacNeil, founder and CEO said. «Who better to deliver that message than our employees right here in our own production facilities in Bolingbrook, Illinois

The second spot is titled «We Never Left,» and it features WeatherTech employees explaining that WeatherTech products don’t come from overseas, and WeatherTech «won’t be moving production back to the States, because the truth is … we never left.» This ad will run in the second half of the game. Both commercials were produced by Pinnacle Advertising, Schaumburg, Illinois, and filmed in WeatherTech’s Bolingbrook facilities.

«We are a small company compared to the others who advertise on Super Bowl Sunday,» MacNeil said. «When we shoot our ads, we produce multiple versions to take advantage of economies so we can run them throughout the year. When I viewed the edited commercials, I really felt both of these spots needed to be shown during the Super Bowl to deliver our message on the world’s biggest advertising stage.

«It is a pleasure to feature our hard-working employees again this year. Our diverse workforce is the backbone of the company. They take pride in what they do, and it shows in our end product. It is a pleasure to make them a part of our marketing campaigns to share their pride in workmanship with the Super Bowl audience.»

WeatherTech will air a third new 30-second commercial during the Pre-Kick segment of the Pre-Game Show. The spot titled «Super Mom» features four WeatherTech products: CupFone®, DeskFoneTM, MirrorFone and Tablet Holder. These products provide the best way to hold a mobile phone and tablet. The WeatherTech CupFone® secures your phone in your vehicle for easy hands-free use and viewing of GPS maps so drivers can focus on the road. The DeskFoneTM makes mobile phones easy to use while working at home, in the office or in the kitchen. MirrorFone and Tablet Holder are two brand new devices to further demonstrate how WeatherTech continues to provide products that help in everyday life.

«We are taking full advantage of the Super Bowl audience,» MacNeil explained. «There is no other opportunity that matches what the Super Bowl delivers in terms of audience for our products. We are investing in this opportunity as it has paid off for us the past seven years, that is why we have decided to run two in-game spots as well as another commercial in the pre-game show featuring our newest offerings.»

Super Bowl LV features the Tampa Bay Buccaneers and the Kansas City Chiefs. It will kick off at 6:30 p.m. (ET), Feb. 7 at Raymond James Stadium in Tampa, Florida and will be televised on CBS.

WeatherTech «WeatherTech Family» Super Bowl Commercial 2021 –https://youtu.be/rF6Jjm5547k

WeatherTech «We Never Left» Super Bowl Commercial 2021 –https://youtu.be/R2Wkk-TDnRQ

WeatherTech «Super Mom: Super Bowl Commercial 2021-
https://youtu.be/o0o06JS-qgQ

About WeatherTech®
For decades, WeatherTech has delivered on its promise of quality and craftsmanship through a commitment to American-made auto, home and pet products. Globally renowned for its laser-measured FloorLiner™ and innovative CupFone®, the Bolingbook, IL headquartered company continues to push industry boundaries through superior design, engineering and international brand recognition. More information can be found at weathertech.com.

Media Contact

Kyle Chura, WeatherTech, +1 (248) 821-0468, kyle@kcapr.com

 

SOURCE WeatherTech

PMC Capital Acquires Specialty Engineering Firm UniversalPegasus International from Huntington Ingalls Industries, Inc.

LOS ANGELES, Feb. 3, 2021 /PRNewswire/ — PMC Capital Partners, LLC (PMC Capital) is back again on the acquisition trail after completing the buy-out of an award-winning multifunctional engineering design firm, UniversalPegasus International, Inc., of Huntington Ingalls Industries, Inc. (NYSE: HII). Headquartered in Houston, Texas, UniversalPegasus has a track record of delivering turnkey integrated engineering, procurement, and construction management (EPCM)…

LOS ANGELES, Feb. 3, 2021 /PRNewswire/ — PMC Capital Partners, LLC (PMC Capital) is back again on the acquisition trail after completing the buy-out of an award-winning multifunctional engineering design firm, UniversalPegasus International, Inc., of Huntington Ingalls Industries, Inc. (NYSE: HII). Headquartered in Houston, Texas, UniversalPegasus has a track record of delivering turnkey integrated engineering, procurement, and construction management (EPCM) solutions; ranked by Engineering News-Record (ENR) as No. 59 of the Top 500 Design Firms and among the top 10 in the petroleum sector. ENR’s list ranks public and private companies by its markets’ share of total revenue. Financial terms of the deal with HII were not disclosed.

«We are extremely excited to acquire UniversalPegasus International (UPI) and its amazing team of 600 professionals. Spearheaded by an impressive business leader in CEO, Tom Davison, the UPI team maintained record-level engineering design revenues during an economically crippling COVID-19 pandemic while building a backlog/pipeline of business that will continue to support future success. Acquiring UPI coincides with PMC Capital’s vision to acquire and support an elite technical staff of engineers who deliver first-class mission-critical business services to blue-chip customers,» said Chris Aye, Managing Partner of PMC Capital.

«UPI’s decades of record success delivering engineering, logistical, and construction management solutions captivated PMC Capital. Not only will PMC Capital support UPI in maintaining a high level of service for its clients — we look forward to building and exceeding UPI’s past accomplishments. We’re excited to partner with Tom and his team as we aggressively embark on a multifaceted growth strategy,» added Mr. Aye.

«UPI is the industry leader in project delivery and the employer of choice in the Houston and Calgary engineering markets. Our success stems from our strong company values and commitment to transparency. With PMC Capital behind us, UPI will continue to differentiate itself and outperform the competition as one of the few remaining independent oil and gas engineering companies. We expect to emerge from the pandemic in a strong financial position poised for double-digit growth,» said Tom Davison, CEO of UPI.

«We are pleased to have reached this agreement. PMC Capital is a great new home for UniversalPegasus International, its world-class people and services,» said Andy Green HII Executive Vice President and President of HII’s Technical Solutions division. «It will enable UPI to continue to flourish, ensuring the business remains at the forefront of innovation and customer service in the future.»

Ernst & Young Capital Advisors, LLC served as Huntington Ingalls Industries, Inc.’s exclusive financial advisor for the transaction. 

About UniversalPegasus International

UPI is a privately held company headquartered in Houston, with a strategically located office in Calgary, Canada, and currently employs close to 600 personnel.

UPI has provided a broad range of engineering and project management services to the energy industry for over 50 years. Whether onshore or offshore, from the wellhead to processing facilities to delivery points, UPI delivers the engineering, design, project management, survey, inspection and construction management personnel to move energy safely, reliably and efficiently to domestic and international marketplaces. Find out more at www.universalpegasus.com/.

About PMC Capital Partners, LLC 

Established in 2019, PMC Capital is on the path of becoming one of the fastest-growing private equity firms that invests in strategic opportunities where thought, operational resources and flexible capital can empower management teams to execute their business plans. PMC Capital currently owns and operates a portfolio of high-quality national and international businesses in the lower middle-market space, employing nearly 1,000 employees, with approximately $450M in combined annual revenues. With over 100 years of collective private equity experience, PMC Capital brings a successful track record of executing corporate carve-outs, recapitalizing balance sheets, acquiring founder-owned companies and completing bolt-ons. With a committed pool of capital backed by a family office, PMC Capital targets control equity investment opportunities in the business services, industrials, TMT, consumer and health care sectors. The nature of PMC Capital’s platform allows for a longer-term time horizon and a business-friendly approach to ownership transitions, divestitures and successions.

The firm is headquartered in Los Angeles, California. For more information, visit www.pmccapital.com

About Huntington Ingalls

Huntington Ingalls Industries (HII) designs, builds and maintains nuclear and non-nuclear ships for the U.S. Navy and Coast Guard and provides after-market services for military ships around the globe. For more than a century, HII has built more ships in more ship classes than any other U.S. naval shipbuilder at its Newport News Shipbuilding and Ingalls Shipbuilding divisions. Employing more than 38,000 in Virginia, Mississippi, Louisiana and California, HII also provides a wide variety of products and services to the commercial energy industry and other government customers, including the Department of Energy. For more information, visit:

Contact

Chris Aye

Managing Partner, PMC Capital Partners, LLC

chris@pmccapital.com

 +1 818 896 1101

Related links

www.pmccapital.com

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SOURCE PMC Capital Partners, LLC

Granulate Raises $30 Million Series B to Boost Compute Performance and Slash Computing Costs for Any Company

TEL AVIV, Israel, Feb. 3, 2021 /PRNewswire/ — Granulate, a company providing an autonomous real-time computing workload optimization and cost reduction solution, today announced a $30 million Series B funding round, bringing the company’s total amount raised to $45 million. The round was led by Red Dot Capital Partners with the participation of existing investors Insight…

TEL AVIV, Israel, Feb. 3, 2021 /PRNewswire/ — Granulate, a company providing an autonomous real-time computing workload optimization and cost reduction solution, today announced a $30 million Series B funding round, bringing the company’s total amount raised to $45 million. The round was led by Red Dot Capital Partners with the participation of existing investors Insight Partners, TLV Partners, and Hetz Ventures. Dawn Capital also joined the round as a new investor. The Series B is Granulate’s second round of funding over the past ten months, as adoption of the company’s solution has more than tripled since the Series A.

Rising computing costs are a growing problem for companies of all sizes and from every industry. Granulate addresses this problem with its AI-driven solution that tailors workload prioritization for the unique needs of any company, reducing response times by up to 40% and driving a 5X increase in throughput. Functioning at the Operating System level, Granulate enables organizations to achieve at-scale workload performance, reducing costs by up to 60%. Designed to function in any computing infrastructure and environment, implementing Granulate is simple and fast, requiring zero code changes or R&D involvement, and results are seen within days, if not hours.

«Companies with increased computing resource needs have faced a simple trade-off – pay more or get by with less. Granulate lets companies do both: achieve much more with what they already have while paying less, gaining higher efficiency and margins,» said Asaf Ezra, Co-founder and CEO of Granulate. «In the wake of today’s challenging financial realities, we’ve seen a staggering increase in demand for our solution, which saves companies money, computing resources, and time. Optimized computing power means optimized business.»

Over the past 10 months, Granulate has experienced 360% new customer growth and 570% revenue growth, with the number of CPU cores under management rising by over 10X to over 300,000 cores. All told, Granulate has saved customers over 3 billion hours of core usage. Likewise, the rising adoption of Granulate’s optimization technology has led to a substantial reduction in computing energy needs, with over 15,000,000 pounds of carbon emissions saved.

«Granulate’s unique technology and impressive growth since their last funding round reflects a rising market demand for their game-changing optimization solution,» said Yaniv Stern, Managing Partner at Red Dot Capital Partners. «For companies facing rising infrastructure costs or focusing on operating cost reduction, Granulate offers a solution that can drive additional improvement regardless of any other solutions already deployed by their clients.»

«Granulate’s offering is unparalleled in the market, enabling companies to dramatically boost the performance of their cloud infrastructure whilst reducing costs. The business’s exceptional growth to date reflects both the accelerating customer demand and sophistication of their solution —infrastructure agnostic, with simple no-change-of-code implementation,» said Evgenia Plotnikova of Dawn Capital. «Cloud has won. As every company becomes a software company, Granulate represents a true revolution in the world of infrastructure that powers it all. We are hugely excited to see their journey ahead as the business continues to scale globally.»

«With the rapid adoption of usage-based public clouds, we’ve returned to a world – not unlike the mainframe era – where dramatic improvements in speed and efficiency of computing systems drop directly to the bottom line. This is particularly salient for companies that are rapidly digitizing their offerings in the midst of a global pandemic and the associated financial crisis, and this trend will continue far into the future,» said Lonne Jaffe, Managing Director at Insight Partners. «It’s hard to think of a company that won’t benefit from Granulate’s offering since it’s showing such significant performance and cost improvements across both sophisticated data and transactional workloads. Our increased investment is a testament to our excitement about Granulate’s market opportunity and momentum.»

About Granulate

Granulate is a real-time, autonomous computing optimization company that delivers reduced compute costs, faster response time, and better throughput, without any code changes required. Granulate’s patent-pending next-generation solution provides AI-driven, infrastructure and workload optimization for robust compute performance and cost improvements in any computing environment, empowering businesses of any size from any industry by bolstering their computing power while slashing computing costs. Companies that have implemented Granulate have reduced compute expenses by up to 60%, benefitting from a 40% response time reduction and 5X increase in throughput.

Granulate Contact:
Raanan Loew
Raanan@headline.media 
US: +1-347-897-9276

 

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SOURCE Granulate

Mobius Risk Group Joins IETA, Commits to Market-Based Climate Solutions

HOUSTON, Feb. 3, 2021 /PRNewswire/ — Mobius Risk Group affirms commitment to Environmental, Social, and Governance (ESG) practice and markets by joining the International Emissions Trading Association (IETA).

Armed with decades of…

HOUSTON, Feb. 3, 2021 /PRNewswire/ — Mobius Risk Group affirms commitment to Environmental, Social, and Governance (ESG) practice and markets by joining the International Emissions Trading Association (IETA).

Armed with decades of experience, a trove of data, market-leading analytics, and a proprietary C/ETRM, Mobius joins IETA alongside dozens of companies committed to market-based climate initiatives to advance the clean energy transition in a sensible and scalable way. 

«We’re excited to be a member of an international group of business leaders taking bold steps to nurture carbon markets and pricing as a market-based solution to climate change,» says Eric Melvin, CEO at Mobius Risk Group.

Solving the climate crisis requires innovation, transparency, and capital allocation towards projects and initiatives that provide the highest value from an environmental and financial perspective. Mobius Risk Group’s proprietary C/ETRM, RiskNet, provides clients visibility into their real-time carbon footprint, credit/REC/offset portfolio position, and market pricing, organized down by compliance regime, vintage, registry, and project type. With intuitive visualization tools, mobile access, and analytics informed by Mobius’ 20-year track record in energy and commodities markets, the risk advisory firm is poised to play a pivotal role in improving today’s environmental markets’ credibility and functionality. 

ABOUT MOBIUS RISK GROUP

Mobius Risk Group, LLC is an independent, international commodity and physical energy risk advisory firm. Founded in 2002, Mobius provides strategic advisory services including financial, physical, and commodity risk management and valuation, carbon strategy development, and regulated energy oversight for producers, consumers, distributors and capital providers backed by its proprietary C/ETRM, RiskNet. RiskNet connects an entire organization with a single, comprehensive, controlled data source to drive more effective strategic decision-making amid volatile market changes. RiskNet is available as a mobile and tablet app to support seamless, streamlined decision making, even when teams are distributed or remote. 

ABOUT IETA

The International Emissions Trading Association (IETA) is a non-profit business organization created in June 1999 to establish a functional international framework for trading in greenhouse gas emission reductions. Membership includes leading international companies from across the carbon trading cycle. IETA members seek to develop an emissions trading regime that results in real and verifiable greenhouse gas emission reductions while balancing economic efficiency with environmental integrity and social equity. 

Contact:
Nicole Denise
mobius@callmargo.com
971-413-8337

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SOURCE Mobius Risk Group

2021 Housing Market Shaping Up to be Even Hotter than 2020

SEATTLE, Feb. 3, 2021 /PRNewswire/ — (NASDAQ: RDFN) — The extreme pandemic-driven seller’s market is intensifying and will likely last through the first half of the year, according to a new report from Redfin (<a target="_blank"…

SEATTLE, Feb. 3, 2021 /PRNewswire/ — (NASDAQ: RDFN) — The extreme pandemic-driven seller’s market is intensifying and will likely last through the first half of the year, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage.

In the week ending January 24, home-sale prices soared 18% and pending sales grew 28% from the same period last year. Fifty-five percent of homes that went under contract that week found a buyer in 14 days or less—the largest share to sell that quickly in at least nine years (Redfin data on this measure goes back through 2012).

«The main thing going on is scarcity of homes for sale. There’s nothing there, so people want it even more,» said Seattle Redfin real estate agent Scott Petrich. «Potential homebuyers who don’t have a good amount of savings are having a very hard time getting a house right now because the lack of supply is driving up prices, while low mortgage rates increase demand.»

Both the number of homes for sale—down 36% from a year ago during the week ending January 24—and the rate that new homes are being listed for sale—down 13%—are falling from last year’s already-low levels. The average home spent just 34 days on the market before selling—20 days less than the same time a year ago and also a record low for this time of year as far back as our data for this measure goes.

«There will continue to be a lack of new listings in early 2021,» said Redfin chief economist Daryl Fairweather. «But rock-bottom mortgage rates will have buyers eager to purchase the few listings that do hit the market. So I expect bidding wars, fast sales and double-digit price growth to continue. We are at a point in the pandemic where would-be sellers are expecting to be vaccinated in the next 6 months, so they may be waiting for that before selling. Once many more people are vaccinated for the coronavirus and more homeowners start to feel comfortable listing their homes for sale, the current deadlock of housing supply should start to loosen. Mortgage rates could inch up at the same time, which could bring a slight chill to the scorching-hot seller’s market.»

Homebuying demand, which typically slows through the winter, is 60% above where it was last year. This is according to the Redfin Homebuyer Demand Index, which measures requests to Redfin agents for homebuying services such as home tours and making offers to purchase a home.

«I don’t see the market slowing down at all in the next few months,» said Phoenix Redfin real estate agent Van Welborn. «People are confident in the market and people are buying homes. And it seems like nothing is holding them back: There was absolutely no slowdown for the holidays, the election didn’t affect anything, and the attack on the Capitol didn’t register on the housing market at all.»

While the hot market is largely only benefitting the few people who are selling their homes this winter, there are many people who simply couldn’t have afforded to buy a home within a short commute to work who are taking advantage of the flexibility of remote work and moving to where they can afford home prices and more space.

«It used to be that homebuyers who were priced out of the closer-in suburbs would look farther out for a home they could afford and compete for,» said Petrich. «Thanks to remote work, there has been a huge shift in homebuying demand to the farther-out, less expensive suburbs. It was very competitive before, but it has become much more intense now that people need more space.»

To view the full report, including charts and methodology, please visit: https://www.redfin.com/news/2021-housing-market-forecast/

About Redfin

Redfin (www.redfin.com) is a technology-powered residential real estate company, redefining real estate in the consumer’s favor in a commission-driven industry. We do this by integrating every step of the home buying and selling process and pairing our own agents with our own technology, creating a service that is faster, better and costs less. We offer brokerage, iBuying, mortgage, and title services, and we are the #1 nationwide brokerage website, offering a host of online tools to consumers, including the Redfin Estimate. We represent people buying and selling homes in over 90 markets in the United States and Canada. Since our launch in 2006, we have saved our customers over $800 million and we’ve helped them buy or sell more than 235,000 homes worth more than $115 billion.

For more information or to contact a local Redfin real estate agent, visit www.redfin.com. To learn about housing market trends and download data, visit the Redfin Data Center. To be added to Redfin’s press release distribution list, email press@redfin.com. To view Redfin’s press center, click here.

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SOURCE Redfin