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Simpplr Welcomes Marketing Powerhouse Gary Sevounts as Chief Marketing Officer

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2 years ago

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Simpplr proudly welcomes seasoned marketer Gary Sevounts as its new Chief Marketing Officer (CMO).

Sevounts’ Proven Expertise In High-Growth Strategies and Category Building Will Amplify Simpplr’s Market Leadership

REDWOOD CITY, Calif., June 7, 2024 /PRNewswire-PRWeb/ — Simpplr, the premier AI-driven employee experience platform empowering over two million users, proudly welcomes seasoned marketer Gary Sevounts as its new Chief Marketing Officer (CMO). With Simpplr’s innovative software harnessing AI, businesses cultivate environments where employees thrive, fostering connectivity, support, and inclusivity. Sevounts’ expertise will propel Simpplr’s mission to revolutionize workplace experiences, further solidifying its position as a leader in the industry.

With a passionate team and a cutting-edge platform, we are uniquely positioned to help organizations create more connected and productive workplaces. I look forward to driving innovative marketing strategies to amplify our brand, accelerate growth, and deliver exceptional value to our customers.

Sevounts will oversee all aspects of the Simpplr brand and lead its marketing efforts to build brand leadership, increase awareness, and drive demand for its innovative platform.

“As Simpplr continues to grow and the employee experience landscape evolves, it was crucial to bring on a leader who can take us to the next level,” said Dhiraj Sharma, CEO and Founder of Simpplr. “Gary’s remarkable background and profound influence stood out to me, but his unwavering dedication to employees and the evolving dynamics of work truly aligned with our vision. I am eager to witness how he embraces our mission and leaves a lasting impact.”

“I’m pumped to be part of the Simpplr team during this electrifying growth phase. Simpplr’s commitment to revolutionizing workplace experiences resonates deeply with my values and passions,” said Gary Souvants, Simpplr’s new CMO. “With a passionate team and a cutting-edge platform, we are uniquely positioned to help organizations create more connected and productive workplaces. I look forward to driving innovative marketing strategies to amplify our brand, accelerate growth, and deliver exceptional value to our customers.”

A veteran CMO, Sevounts has a track record of building high-growth demand and revenue engines, effective marketing teams, differentiated brands, and establishing and dominating categories. His recent accomplishments include building an ARR growth engine at Socure, introducing the Identity Trust Network, and powering 6X valuation growth at Kount. This led to an acquisition by Equifax and recognition by the Wall Street Journal as one of the top 35 marketing executives of the year.

Sevounts brings more than two decades of experience focused on strategic storytelling and technical messaging, product marketing, building scalable and ROI-efficient revenue engines, external speaking, building/elevating brands via PR, industry analysts, partnerships, key events, and social media. Most recently, Sevounts held the position of Chief Marketing Officer at Malwarebytes. Previously, he was the Chief Marketing Officer at Socure and Equifax.

To learn more about Simpplr, please visit Simpplr.com.

About Simpplr

Simpplr is the modern intranet that transforms the work experience for all employees – wherever and however they work. Simpplr is the only platform that integrates employee engagement, enablement, and services, leveraging state-of-the-art AI models to deliver a seamless, cohesive, personalized employee experience. Wherever people work, Simpplr enables them to flourish. Trusted by more than 1000+ leading brands, including Snowflake, Moderna, Eurostar, and AAA, Simpplr’s customers are achieving measurable productivity gains, increased employee engagement, and accelerated business performance. Simpplr is headquartered in Silicon Valley, CA, with offices in the UK, Canada, and India, and is backed by Norwest Venture Partners, Sapphire Ventures, Salesforce Ventures, and Tola Capital. Learn more at simpplr.com

Media Contact

Carolyn Jordan Clark, Simpplr, 1 7044913418, carolyn.clark@simpplr.com, www.simpplr.com

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SOURCE Simpplr

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XLCS Partners advises Concurrent Utility Services on sale to UniTek Global Services

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July 23, 2026

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NASHVILLE, Tenn., July 23, 2026 /PRNewswire/ — XLCS Partners, Inc., a leading middle market investment bank, is pleased to announce that it served as exclusive M&A advisor to Concurrent Utility Services LLC on its acquisition by UniTek Global Services, Inc., a portfolio company of New Mountain Finance Corporation (Nasdaq: NMFC) and its affiliates, and BTG Pactual Strategic Capital.

Headquartered in Miami, Florida, Concurrent is a licensed general and electrical contractor providing infrastructure development and maintenance services to electric utilities, telecom providers, and land developers throughout the Southeast United States. The company’s capabilities span overhead and underground utility construction, professional telecom services, emergency service restoration, in-building networks, environmental services, and data center development. Backed by a safety-first culture and an experienced workforce, Concurrent has built a strong regional platform and a reputation for quality across the markets it serves.

UniTek is a leading digital infrastructure services provider supporting the expansion of fiber and data center connectivity across the U.S. and Canada. With over 600 employees and 60 locations, UniTek delivers a full suite of infrastructure services. The acquisition of Concurrent accelerates UniTek’s Power Services Division, which launched in July 2025 to broaden the company’s maintenance, repair, upgrade, and new infrastructure development services for the power sector. Concurrent’s established Southeast footprint and power capabilities directly complement UniTek’s existing broadband and data center infrastructure platform, positioning the combined company to capitalize on growing demand for resilient, modernized power infrastructure. Concurrent will continue to operate under its established brand, maintaining uninterrupted service for its customers.

“Selling Concurrent was one of the biggest decisions of my career, and Anthony, Jay, and the XLCS team guided us through every step with professionalism and genuine care for our people,” said Steve Sarno, CEO of Concurrent. “They stayed fully engaged throughout, gave us honest and thoughtful advice, kept our best interests front and center, and delivered an outcome that exceeded our expectations. I would recommend them without hesitation to any owner considering a transaction.”

XLCS acted as the exclusive M&A advisor to Concurrent, and the transaction was led by Anthony Contaldo, Partner, and Jay Cremer, Vice President. The transaction was completed on July 1, 2026.

About XLCS Partners, Inc.

XLCS Partners is a leading global investment banking firm providing M&A advisory services. Visit www.xlcspartners.com for more information.

Media Contact: 
Kendra Span 
kspan@xlcspartners.com
615-379-7783

View original content to download multimedia:https://www.prnewswire.com/news-releases/xlcs-partners-advises-concurrent-utility-services-on-sale-to-unitek-global-services-302833542.html

SOURCE XLCS Partners, Inc.

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XLCS Partners advises Concurrent Utility Services on sale to UniTek Global Services

Published

31 minutes ago

on

July 23, 2026

By

NASHVILLE, Tenn., July 23, 2026 /PRNewswire/ — XLCS Partners, Inc., a leading middle market investment bank, is pleased to announce that it served as exclusive M&A advisor to Concurrent Utility Services LLC on its acquisition by UniTek Global Services, Inc., a portfolio company of New Mountain Finance Corporation (Nasdaq: NMFC) and its affiliates, and BTG Pactual Strategic Capital.

Headquartered in Miami, Florida, Concurrent is a licensed general and electrical contractor providing infrastructure development and maintenance services to electric utilities, telecom providers, and land developers throughout the Southeast United States. The company’s capabilities span overhead and underground utility construction, professional telecom services, emergency service restoration, in-building networks, environmental services, and data center development. Backed by a safety-first culture and an experienced workforce, Concurrent has built a strong regional platform and a reputation for quality across the markets it serves.

UniTek is a leading digital infrastructure services provider supporting the expansion of fiber and data center connectivity across the U.S. and Canada. With over 600 employees and 60 locations, UniTek delivers a full suite of infrastructure services. The acquisition of Concurrent accelerates UniTek’s Power Services Division, which launched in July 2025 to broaden the company’s maintenance, repair, upgrade, and new infrastructure development services for the power sector. Concurrent’s established Southeast footprint and power capabilities directly complement UniTek’s existing broadband and data center infrastructure platform, positioning the combined company to capitalize on growing demand for resilient, modernized power infrastructure. Concurrent will continue to operate under its established brand, maintaining uninterrupted service for its customers.

“Selling Concurrent was one of the biggest decisions of my career, and Anthony, Jay, and the XLCS team guided us through every step with professionalism and genuine care for our people,” said Steve Sarno, CEO of Concurrent. “They stayed fully engaged throughout, gave us honest and thoughtful advice, kept our best interests front and center, and delivered an outcome that exceeded our expectations. I would recommend them without hesitation to any owner considering a transaction.”

XLCS acted as the exclusive M&A advisor to Concurrent, and the transaction was led by Anthony Contaldo, Partner, and Jay Cremer, Vice President. The transaction was completed on July 1, 2026.

About XLCS Partners, Inc.

XLCS Partners is a leading global investment banking firm providing M&A advisory services. Visit www.xlcspartners.com for more information.

Media Contact: 
Kendra Span 
kspan@xlcspartners.com
615-379-7783

View original content to download multimedia:https://www.prnewswire.com/news-releases/xlcs-partners-advises-concurrent-utility-services-on-sale-to-unitek-global-services-302833542.html

SOURCE XLCS Partners, Inc.

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Fathom Applauds Introduction of the FRONTIER Act, the First Federal Blueprint for Independent AI Verification

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31 minutes ago

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July 23, 2026

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Reps. Lori Trahan (D-MA-03) and Jay Obernolte (R-CA-23) introduce a bill to build a competitive marketplace of independent verifiers for frontier AI models.

WASHINGTON, July 23, 2026 /PRNewswire/ — Fathom welcomes the introduction of the FRONTIER Act, the most complete federal framework yet for independent, third-party verification of frontier AI. The legislation is built to earn public trust as AI technology continues to accelerate. As frontier systems begin to take autonomous action in the world, the gap between what these models can do and our ability to keep them in check is widening. FRONTIER is the starting point to close that gap.

“AI governance keeps running into the same wall. The technology is hard to measure and it moves faster than any law can keep up with,” said Andrew Freedman, Co-Founder and CEO of Fathom. “Trying to write the perfect rules and freezing them in place won’t work. What will work is a competitive market of independent verifiers who are accountable for real-world outcomes and who the government can actually count on. The FRONTIER Act shows we can move fast and still get this right.”

The bill gets the fundamentals correct. It sets one public standard – the adequate mitigation of catastrophic risk – and holds both the AI companies and their independent verifiers accountable to it. FRONTIER does not freeze a single testing method into statute. Instead, it licenses competing verification organizations, allows them to sharpen their methods, and gives the government the power to revoke a license when a verifier’s work does not hold up in the field. That is how you build a system that keeps pace with the science instead of falling behind it.

Fathom thanks Reps. Trahan and Obernolte for their leadership, and for their courage in releasing a discussion draft, inviting scrutiny, and incorporating substantive improvements from across the field. One priority improvement as the bill advances: giving the government a fuller range of tools to act upstream – for pushing companies to close identified gaps in risk mitigation early, rather than only once a catastrophe is imminent. We are committed to working with these sponsors, committees of jurisdiction, and Congressional leadership to continue refining the bill in the weeks and months ahead.

About Fathom
Fathom is an independent nonprofit whose mission is to build a governance architecture that helps society navigate the transition to a world with AI by fostering trust, safety, and innovation. Fathom has developed and championed the independent verification model for AI and works with policymakers across the country to put it into practice. Learn more at http://fathom.org.

View original content to download multimedia:https://www.prnewswire.com/news-releases/fathom-applauds-introduction-of-the-frontier-act-the-first-federal-blueprint-for-independent-ai-verification-302833546.html

SOURCE Fathom AI Inc.

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