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SCALIAN strengthens its avionics and unmanned offers with the acquisition of Mannarino Systems & Software

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PARIS, June 21, 2024 /CNW/ – SCALIAN today announced that it has acquired the Canadian company Mannarino Systems & Software Inc. (MANNARINO), which specializes in avionics for electric aircraft and drones, and more globally in certified systems for the aerospace sector. The acquisition is in line with the Group’s strategy to expand internationally and focus on safety-critical systems and software engineering.

MANNARINO’s engineering team is dedicated to the development of safety-critical systems, with deep expertise in hardware and software designs for a wide range of aeronautic products, including those focused on next-generation electric aircraft and drones. Through its Transport Canada Design Approval Organization (DAO), MANNARINO also supports product certification for both airborne software and electronic hardware, assisting in the acceleration of development cycles.

Customers’ time to market is further reduced with MANNARINO’s high-performing, ARINC 653 compliant Real-Time Operating System; the M-RTOS. The certification of M-RTOS is nearing completion with a major European airframer.

A comprehensive solution addressing the challenge of sustainable mobility

Together with MANNARINO, SCALIAN will offer unparalleled avionics capabilities to its customers with coverage of the whole scope of avionics engineering from basic design and architecture to certification and maintenance, in both Europe and North America. Additionally, MANNARINO is highly involved in the Advanced Air Mobility (AAM) market working with numerous clients to develop next-generation electric aircraft and drones. This expertise will allow SCALIAN to support the evolution of sustainable aeronautics over the next decade.

MANNARINO’s President John Mannarino said, “MANNARINO is excited to embrace a new chapter by joining SCALIAN Group. By building on the core competencies and excellent customer relationships of both companies, MANNARINO will offer its customers unrivalled added value and points of differentiation from competitors’ offerings. MANNARINO will continue to expand its engineering service solutions to meet the ever-increasing demand from industry and its customers for cutting-edge, agile and cost-effective solutions. We will take M-RTOS to new levels of technical innovation surpassing current market leaders and will continue to be the go-to service provider for both first-time applicants and customers developing next-generation products by continuing to grow our DAO in ways not yet imagined by the industry. As we enter this new phase, I want to thank the SCALIAN and WENDEL leadership for their vision. I also want to thank the MANNARINO staff for their dedication, expertise and teamwork, and, as always, I want to thank our customers for their trust. We will continue to deliver for all our stakeholders with continued high quality and respect for all.”

SCALIAN’s CEO Yvan Chabanne added, “The acquisition of MANNARINO is the first step of our 2028 goal to enhance our position in North America and in our System & Software Engineering practice. This partnership directly addresses the acceleration of customer needs in complex and safety-critical embedded technologies. MANNARINO is very well-recognized for its know-how in the iconic field of eVTOLs, with the ability to deploy certifiable code through its DAO accreditation, supplemented by its very innovative home-made solution for onboard operating systems. I am convinced that revenue synergies to be achieved will enable SCALIAN to significantly expand its offering by integrating high-performance systems, including AI, in the next generation of products to the benefit of our customers. Sharing the same values with the MANNARINO team, which is led by founder John MANNARINO, was a key element in bringing our businesses together. With a common vision, we share the ambition to succeed for our employees and our customers. We welcome the fantastic MANNARINO team on board!”

SCALIAN advisors:

Legal – DD et transactionnel:Fasken: Carl Bélanger, Alexie Amyotte, Émilie Clairoux, Kim LedouxAugust Debouzy: Rodrigue TchoualeFinance:Accuracy: Guillaume Roux, Eva Marichez, Hans HasenohrTax:Andersen: Patrick Coutu, Omar Yassine, Myriam ValléeStructure:Cazals Manzo: Morgan Anfray, Xavier Colard, Bertrand de Saint QuentinAndersen: Patrick Coutu, Omar Yassine, Myriam ValléeManagement consulting:Fides: Franck Vacher, Maxime Aps, Carla Llona

MANNARINO advisors:

Legal:Davies Ward Phillips & Vineberg LLP: Philippe Johnson, Elliot Greenstone, Jordan Altman, Ryan Brun, Jordana Khouah, Marie-Emmanuelle Vaillancourt, Hélène Bussières, Mark-Anthony NakisBredin Prat: Christine LenisFinancial Advisor:Ernst & Young Orenda Corporate Finance Inc.: Francois Tellier, Sid Nair, Yuwei Pan, Ryan MarinelliTax and Accounting:RICHTER LLP: Earl Forman, Dominique Loiseau, Ian Weinstein, Adam Caplan

About SCALIAN:
Founded in 1989, SCALIAN (revenue of €550 million euros) is specialized in engineering, the development of complex digital systems, industrial project management including supply chain management, business applications, cybersecurity and AI. The company is currently expanding internationally and stands out for the synergies it brings to bear on consulting, OT and IT services for major high-stakes industrial programs, with offerings and solutions supported by an in-house innovation approach (analytics, simulation, AI, drones, etc.). SCALIAN is involved in 13 countries for Aerospace, Defense, Automotive, Naval, Railways, Energy, Healthcare, Retail, Banking and Public sectors.
« Humans & Technology to scale up sustainable performance”.
www.scalian.com

About MANNARINO:
MANNARINO has over two decades of internationally recognized expertise in aerospace engineering including the development, validation and verification of safety-critical systems, certifiable software and electronic hardware. It is also an accredited Transport Canada DAO (Design Approval Organization). The company also provides a commercial-off-the-shelf (COTS) affordable, safe, and flexible real-time operating system (RTOS) solution, the M-RTOS. MANNARINO is the only COTS RTOS provider with certification delegation.
“Leading Safety-Critical Systems Engineering Company”
www.mss.ca 

SCALIAN Press contact –
Agence LA SUITE AND CO,
Omar Tazi: omar.tazi@lasuiteandco.com – 06 35 36 74 80,
Perrine Soymié, perrine.soymie@lasuiteandco.com, 06 45 33 72 18;

MANNARINO Press contact:
Mario Iacobelli, mario.iacobelli@mss.ca, 001 514 793 1354;
Jim Palmer, jim.palmer@mss.ca, 001 514 466 5031

SOURCE Mannarino Systems & Software Inc

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Eddid Financial Honored with “Professional Services Award in RWA” by HKCT Highlighting its Leading Edge in Web3 and Digital Assets

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HONG KONG, May 4, 2026 /PRNewswire/ — Eddid Financial (the “Group”) has won the “Professional Services Award in RWA” at the HKCT Business Awards, hosted by the Hong Kong Commercial Times. The award recognizes the Group’s exceptional professional service capabilities and innovative achievements in the Real-World Assets Tokenisation (“RWA”) sector. This prestigious honor serves as a strong industry endorsement of the Group’s dedicated efforts in the RWA space, affirming its leadership in bridging traditional and digital finance while injecting significant momentum into Hong Kong’s digital asset market.

The HKCT Business Awards evaluates candidates based on four core criteria: corporate achievements, market competitiveness, brand philosophy, and professional standing. As one of the most credible and influential business awards in Hong Kong, it aims to recognize outstanding enterprises across various sectors for their performance over the past year, encouraging companies to continuously enhance their core competitiveness and pioneer innovative economic directions. During this year’s selection process, the judging panel conducted a comprehensive assessment of Eddid Financial’s compliance infrastructure, innovative services, and industry contributions within the RWA sector, highly commending the Group’s professional strength and forward-looking vision in asset tokenisation.

Compliance-Driven: Building a Full-Chain Service Ecosystem

As a licensed pioneer in Hong Kong’s RWA landscape, Eddid Financial has consistently relied on compliance as its foundation and innovation as its driving force. Having deeply cultivated the digital asset space for years, the Group has established a full-chain professional service ecosystem that encompasses asset screening, product design, compliance auditing, and distribution operations. Eddid Securities and Futures, a subsidiary of the Group, became one of the first brokerages in Hong Kong to upgrade its licenses in September 2023. It subsequently secured further upgrades for its Type 1 and Type 9 regulated activity licenses, making it one of the few institutions authorized to distribute tokenised securities and RWA products. This regulatory milestone has laid a solid, compliant foundation for the Group’s RWA business operations.

Successful Launch of Landmark Precious Metal RWA Projects

In terms of practical application, Eddid Financial has actively spearheaded the launch of several landmark RWA projects, setting a new benchmark for the industry. Notably, the Group partnered with Timeless Resources Holdings Limited (8028.HK) and HashKey Chain to introduce Hong Kong’s first silver RWA project. By leveraging blockchain technology to tokenise physical silver assets, each digital coin is backed 1:1 by one ounce of physical silver, strictly held by an independent trustee. This initiative not only lowers the barrier to entry for precious metal investments but also enhances asset liquidity. The project’s product design and issuance framework received a “no further comment” reply from the Hong Kong Securities and Futures Commission (SFC), demonstrating the highest standard of compliance.

Concurrently, the Group has collaborated with CAC Fintech to advance China’s first agricultural RWA project. By converting agricultural products, land management rights, and future agricultural revenue rights into on-chain digital certificates, this project addresses critical pain points such as poor liquidity and low financing efficiency in agricultural assets. Furthermore, it supports the national rural revitalization strategy and explores novel pathways for the innovative integration of agricultural assets with financial markets.

Leading the Upgrade of the Regional RWA Industry

Beyond launching landmark projects, Eddid Financial continues to drive the ecosystem construction and market development of the RWA sector. The Group’s research department published the “Core Guide to RWA: From Basic Theory to Global Practice,” sharing its leading experience in asset tokenisation to help establish industry standards. Simultaneously, the Group has built a tripartite development model encompassing “Technology + Compliance + Ecosystem”. Internally, it has assembled a dedicated fintech team to advance underlying technologies; externally, it connects core stakeholders, including asset holders, investors, and licensed exchanges, to form a comprehensive RWA service ecosystem that provides clients with all-encompassing, one-stop professional services.

Looking ahead, Eddid Financial will continue to leverage its comprehensive licensing advantages, expert service teams, and robust technical support to drive the digital transformation of a diverse range of real-world assets. The Group is committed to delivering highly flexible, efficient, and compliant RWA services to its clients while actively supporting the standardized and international development of Hong Kong’s digital asset market, thereby cementing Hong Kong’s status as a premier global digital finance hub.

View original content:https://www.prnewswire.com/apac/news-releases/eddid-financial-honored-with-professional-services-award-in-rwa-by-hkct-highlighting-its-leading-edge-in-web3-and-digital-assets-302760892.html

SOURCE Eddid Financial

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Elevate Appoints Wade Clark as Chief Growth Officer

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Industry veteran to lead organic growth strategy across Elevate’s national platform

LOS ANGELES, May 3, 2026 /PRNewswire/ — Elevate, a national operator-led accounting and advisory platform, today announced the appointment of Wade Clark as Chief Growth Officer. Clark brings more than 30 years of experience building and leading sales organizations at top U.S. accounting and consulting firms, including Moss Adams (now Baker Tilly), BKD (now Forvis Mazars), Carr Riggs & Ingram, BDO USA, and Ernst & Young.

In this role, Clark will lead organic growth across Elevate’s partner firms, building a unified, data-driven growth function that complements the platform’s active M&A strategy and deepens advisory relationships firmwide.

Most recently, Clark spent nine years at Moss Adams, where he built and scaled the sales coaching function supporting 1,000+ partners, directors, and senior managers across 45 practices in a $1.3 billion firm. Earlier, as Chief Growth Officer at Carr Riggs & Ingram, he built the firm’s first growth function and helped drive revenue from $70 million to $100 million in three years. At BKD, he played a central role in the firm’s expansion from $190 million to $400 million, primarily through organic growth. He is the author of Meaningful Success in Business as well as Simplifying Complex Sales, reviewed by Accounting Today as one of the best books on selling professional services.

“Wade has built and led growth organizations at scale, and he knows what it takes to drive consistent, measurable results across a distributed partnership,” said Sanjay Agarwal, CEO and Founder of Elevate. “As we continue to execute on both M&A and organic growth, Wade’s ability to bring structure, accountability, and rigor to revenue generation will be a meaningful differentiator for our partner firms and their clients.”

“What attracted me to Elevate is the clarity of vision and the commitment to building a true operating platform — not just a collection of firms,” said Clark. “The opportunity to architect a scalable growth engine across a national footprint, alongside partner firms who are already leaders in their markets, is incredibly compelling.”

Clark is based in Houston, Texas, and holds a Bachelor of Business Administration in Marketing from Texas A&M University.

About Elevate

Elevate is a national accounting and advisory platform built by operators. The firm partners with leading CPA firms to provide the technology, infrastructure, and strategic support needed to drive sustainable growth, enhance client service, and unlock long-term value. Elevate’s operator-led model preserves firm autonomy while delivering the scale, talent, and technology of a unified platform.

View original content to download multimedia:https://www.prnewswire.com/news-releases/elevate-appoints-wade-clark-as-chief-growth-officer-302759917.html

SOURCE Elevate LLC

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Meiyume (Group) LTD Achieves EcoVadis Gold Rating for 2026, Reinforcing Commitment to Sustainable Beauty

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HONG KONG, May 4, 2026 /PRNewswire/ — Meiyume (Group) LTD has achieved the EcoVadis Gold rating for 2026, with the company being in the 96th percentile globally and among the top-performing companies for sustainability.

EcoVadis evaluates companies across environment, labour and human rights, ethics, and sustainable procurement. The Gold rating reflects Meiyume’s strong performance and continued commitment to embedding sustainability across its supply chain.

A supplier’s commitment to sustainability is increasingly important to brands, as they work to meet rising regulatory requirements and evolving consumer expectations for transparency and responsible practices. In this landscape, choosing the right partners is essential. Partners like Meiyume play a key role in enabling more responsible, future-ready solutions while helping to strengthen sustainability standards across the supply chain.

A Holistic Sustainability Strategy: Meiyume’s 5Ps Framework

Meiyume’s sustainability approach is guided by its 5Ps framework: Product, Process, Places, People, and Principle, ensuring a comprehensive integration across the business:

Product – Advancing sustainable innovation in formulations and packaging

Process – Strengthening responsible sourcing and supply chain practices

Places – Enhancing operational efficiency and environmental performance

People – Fostering an inclusive and supportive workplace

Principle – Upholding strong governance and compliance standards

Sustainability as an Ongoing Journey

While the EcoVadis Gold rating marks an important milestone, Meiyume views sustainability as an ongoing journey. The company remains committed to strengthening its sustainability performance and supporting beauty and personal care brands in achieving their sustainability goals.

About Meiyume:

Formerly LF Beauty, Meiyume offers end-to-end beauty solutions—packaging, ODM, OEM —grounded in sustainability and insights. Powered by it’s Beauty Intelligence Platform and a global sourcing network, Meiyume brings visions to life with agility, intelligence, and responsibility.

https://meiyume.com/
2/F HK Spinners Industrial Building, Phases I & II, 800 Cheung Sha Wan Road, Kowloon, Hong Kong

SOURCE Meiyume

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