Releases

26622 items in section

Platinum Equity Acquires Stake in Lighting Manufacturer LMPG

Montreal-based lighting specialist LMPG has secured a major investment from private equity firm Platinum Equity. While financial terms remain undisclosed, founder François-Xavier Souvay and CEO Peter Timotheatos are retaining significant equity stakes, signaling a strategic transition to support the company’s expansion across North American infrastructure markets.

Tumble Expands Washable Rug Line with Persian and Traditional Styles

Drawing on antique motifs and classic damask patterns, Tumble has unveiled a new collection of machine-washable rugs in New York. The launch follows a recent industry accolade from Forbes, which recognized the brand’s signature Victoria model as the top-performing washable rug for its durability and ease of maintenance.

Aiper Shifts Smart Yard Strategy Toward Cognitive AI Integration

Atlanta-based Aiper is pivoting its engineering focus toward cognitive AI and integrated hardware, moving beyond basic automation to address complex outdoor maintenance. The company’s latest R&D cycle prioritizes real-world data and user feedback to refine both its robotic pool cleaners and smart irrigation systems.

Lemme Offers $20,000 Travel Prize in Wellness Brand Sweepstakes

Wellness brand Lemme is offering a $20,000 travel prize to one winner, marking the company’s largest giveaway to date. The sweepstakes allows the recipient to design a custom luxury vacation, aiming to emphasize the brand’s core philosophy that prioritizing personal well-being is a vital investment.

DIRECTV Secures Multi-Year Deal to Distribute NFL Sunday Ticket

Bars, restaurants, and hotels across the United States will gain expanded access to NFL Sunday Ticket starting with the 2026 season, following a new multi-year distribution agreement between DIRECTV FOR BUSINESS and EverPass Media that integrates satellite and streaming options for commercial venues nationwide.

Eos Targets Hybrid Beauty Market With Dewy Lip Shine Launch

Eos is widening its reach in the competitive lip care market with the introduction of Dewy Lip Shine, a hybrid product blending skincare-focused ingredients with buildable color. The New York-based brand aims to capture consumers seeking a glossy, balm-like finish that transitions from basic daily care to cosmetic enhancement.

Former Wealth Manager Pivots to Roofing in Charlotte Expansion

After two decades navigating the complexities of wealth management at firms like MetLife and MassMutual, Sean Whelan has traded financial portfolios for asphalt shingles. He is now launching the first Roof Scientist territories in Charlotte, North Carolina, aiming to disrupt local home services with a focus on restoration over total replacement.

Kyle Godfrey pivots to film as Everbloom backs Prime Capitol expansion

A seven-figure investment from Everbloom is fueling Canadian creator Kyle Godfrey’s transition from YouTube stardom to cinema, marked by the release of his psychological horror short, Simon Says. The project serves as a strategic proof of concept for a potential feature film franchise built on established digital intellectual property.

Prudent Growth Partners Exits Goldsboro Flex Property for $5.5 Million

A five-year hold on the Carolina Commerce Center in Goldsboro, North Carolina, has concluded with a $5.5 million sale. Prudent Growth Partners, which originally acquired the 67,000-square-foot facility for $4.325 million in 2021, executed the disposition as part of a strategy to recycle capital into new regional acquisitions.

HUD Schedules Multi-Million Dollar HECM Loan Sales for Late 2026

With approximately 5,500 residential mortgage loans hitting the market, the U.S. Department of Housing and Urban Development is preparing to auction off its non-vacant and vacant Home Equity Conversion Mortgage portfolios, signaling a significant shift in the agency's management of properties where original borrowers are deceased.

Pentair Investors Face Scrutiny After CFO Departure and Revenue Drop

A 15% plunge in Pentair plc stock on July 15 has triggered a formal investigation by Glancy Prongay Wolke & Rotter LLP. The firm is currently evaluating potential federal securities law violations following the company’s decision to slash its 2026 outlook and the abrupt resignation of its chief financial officer.

NordVPN Expands Security Suite With Real-Time Bank Monitoring

Most consumers review bank statements only once a month, leaving a wide window for undetected fraud. NordVPN is now attempting to close that gap by launching a transaction monitoring feature that alerts users to suspicious charges the moment they hit an account, rather than waiting for the monthly reconciliation.

SimpleC Expands Personalized Dementia Care to Home Environments

For two decades, SimpleC has operated behind the scenes in senior care facilities, but starting August 1, 2026, the company is shifting its focus to the living room. The Atlanta-based firm is opening its behavioral and cognitive support platform directly to families managing aging, dementia, and complex health conditions at home.

DispatchHealth Shifts to B2B Enablement for Hospital-at-Home Care

After a decade of operating as a direct care provider, Denver-based DispatchHealth is pivoting its business model to focus exclusively on B2B enablement. The company now offers health systems and risk-bearing providers a suite of clinical tools and logistics technology to scale their own branded at-home care programs.

Small Businesses Pivot to AI and Non-Bank Lenders for Growth

Inflation has reclaimed its position as the primary hurdle for small business owners, yet 93% of entrepreneurs remain optimistic about their growth prospects through 2026. According to a new report by OnDeck and Ocrolus, this confidence is driving a deliberate shift toward AI integration and alternative capital sources.

SeaWorld to Debut I Know What You Did Last Summer Haunted Houses

The Fisherman is coming to Orlando, San Diego, and San Antonio. Starting September 11, SeaWorld will transform its Howl-O-Scream events with a new haunted house experience based on the 1997 slasher film I Know What You Did Last Summer, marking the franchise's first collaboration with a major theme park.

DOGust 1st: Giving Rescue Dogs a Universal Birthday

Since the exact birthdates of most rescued animals remain a mystery, North Shore Animal League America designated August 1 as DOGust 1st, a global celebration dedicated to the millions of dogs currently in shelters or waiting for their forever homes, turning a void of information into a day of recognition.

Legacy of the Flying Tigers: 85 Years of Shared History

Eighty-five years after General Claire Lee Chennault established the American Volunteer Group to support China against Japanese forces, a new generation of American students is retracing the steps of their predecessors, trading wartime combat for table tennis and robot dance shows to sustain a historic trans-Pacific bond.

Parlance Updates Voice AI with Real-Time Controls for Health Systems

Healthcare contact center managers can now bypass engineering support to update phone greetings, outage alerts, and FAQ responses instantly. Woburn-based Parlance launched these self-service tools alongside an AI-driven handoff feature, designed to eliminate redundant data collection when calls are transferred to human agents across 400 health systems nationwide.

ImagineX Acquires Payteros to Expand Digital Transformation Reach

Atlanta-based ImagineX has finalized the acquisition of Payteros, a strategic move designed to bolster its enterprise digital transformation services. By integrating Payteros’ domain expertise with its own AI and engineering infrastructure, the company aims to accelerate modernization for its 170-strong client base across global markets.

Alpharetta Contractor Hits 150 Reviews Milestone for Concrete Lifting

With 150 consecutive five-star ratings on Google, Alpharetta-based Advance Concrete Lifting and Leveling has secured a foothold in the Atlanta metro area by prioritizing in-house labor over subcontracting. The family-owned firm specializes in polyurethane foam injection to stabilize sinking slabs without the heavy footprint of traditional replacement.

Suzhou AI Expo Spotlights Industrial Integration and Talent Growth

Nearly 400 companies converged in Suzhou on July 30 for the 2026 AI Product & Application Expo, a showcase highlighting the region's push toward foundation models and industrial computing. The event serves as a strategic bridge between local manufacturing depth and the broader AI innovation ecosystem.

Invideo Agent One Secures Top Rank in Physion-Arc 1.0 Benchmark

Scoring 72.4 out of 100, Invideo Agent One outperformed six competitors to claim the top spot in the Physion-Arc 1.0 benchmark. The independent assessment by Physion Labs measured the ability of AI agents to plan, generate, and assemble minute-long, multi-scene videos from complete screenplays in a single end-to-end run.

CSRIA Demands State Intervention Over Stalled Farmworker Housing

The Columbia–Snake River Irrigators Association is pressing state leaders to intervene in the Washington Department of Ecology, citing administrative gridlock that has paralyzed the development of permanent housing for agricultural workers in Central Washington through persistent, unexplained delays in groundwater permitting.

PAVmed Sets Second Quarter 2026 Earnings Call for August 14

Investors will receive a comprehensive look at PAVmed’s operational trajectory and financial health on August 14, 2026, as the medical technology firm hosts its second-quarter business update. The session, scheduled for 8:30 AM ET, serves as a pivotal window into the company's diversified strategy across diagnostics and digital health.

Freedom Financial Holdings Reports Q2 Net Income of $289,621

Freedom Financial Holdings, the parent company of The Freedom Bank of Virginia, reported second-quarter net income of $289,621, or $0.04 per diluted share, marking a significant decline from the $1.16 million, or $0.16 per share, recorded in the first quarter of 2026.

Ridgetech Reports Fiscal 2026 Results Amid Strategic Pivot

Ridgetech, Inc. posted a $1.25 million net loss for the fiscal year ending March 31, 2026, as the company finalized its transition into a specialized wholesale distributor. Despite the bottom-line decline, annual revenue climbed 10.2% to $132.16 million, bolstered by the first full year of its online platform operations.

Higher Purpose Hub Breaks Ground on $3 Million Delta Opportunity Center

A historic building in downtown Clarksdale, Mississippi, will soon house a $3 million regional economic center designed to foster entrepreneurship and community health. The project, anchored by a $2.2 million grant from the Delta Regional Authority, aims to serve as a centralized hub for the entire Mississippi Delta region.

Allspring Adjusts Monthly Distributions for Closed-End Funds

Charlotte-based Allspring Global Investments announced its latest monthly distributions for three closed-end funds, reflecting slight adjustments to shareholder payouts. The declarations for the Income Opportunities, Multi-Sector Income, and Utilities and High Income funds arrive as the firm continues its managed distribution strategy for the upcoming September cycle.

Janus Membrane Solves Solar Desalination of Oily Seawater

A research team at Pusan National University has engineered a multifunctional membrane capable of purifying oily seawater in a single process. By integrating oil-repellent and solar-absorbing layers into a Janus architecture, the design achieves high evaporation rates while overcoming the clogging issues that typically plague solar desalination systems in industrial coastal zones.