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Expanding Global Connections: Guzhen Lighting Fair Sets its Sights on the Thai Market

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ZHONGSHAN, China, Sept. 20, 2024 /PRNewswire/ — With the cool breeze of autumn, the 31st China (Guzhen) International Lighting Fair (simply known as Guzhen Lighting Fair) is set to open its doors this October! The Fair will adopt a “1+8+N” exhibition-store linkage model and showcase the innovation and diversity within the lighting industry. Covering the entire supply chain, the event will feature a wide range of exhibitors, products, and a series of professional activities. From high-end smart lighting to creative artistic fixtures, and from industry giants to emerging brands, this spectacular event will gather them all under one roof. With 3,500 premium enterprises and over 1.5 million square meters of exhibition space, it promises to be a one-stop international trade platform.

Visa-Free Policies Between China and Thailand Illuminate New Opportunities for Cooperation

With the promotion of the Belt and Road Initiative and the official launch of visa-free policies between China and Thailand, the economic and trade cooperation between the two countries has entered a new phase. The Thai lighting market is rapidly developing, with a growing demand for high-quality lighting products. According to data from the China Association of Lighting Industry (CALI), Thailand ranked among the top 10 countries for China’s lighting exports from January to July this year. In response to these market trends, Guzhen Lighting Fair has been quick to seize opportunities and was invited to participate in LED Expo Thailand 2024. By extending its reach into markets along the Belt and Road, the Fair continues to expand its international network and strengthen its presence in overseas markets.

Guzhen Lighting Fair Strengthened the Partnership With LED Expo Thailand

LED Expo Thailand 2024 was held from September 5 to 7 at the Impact Exhibition and Convention Center in Bangkok, coinciding with the Smart Living Expo. Under the theme “Connected Lighting for Sustainable Living,” the event focused on providing innovative lighting solutions for sustainable lighting, energy-efficient lighting, healthcare & social care lighting, horticulture lighting, human-centric lighting, and smart lighting.

Global Invitations to Build a New Lighting Ecosystem

Guzhen Lighting Fair has been closely monitoring the development trends in the Thai lighting market, aiming to serve as a solid bridge for communication and collaboration between domestic exhibitors and international buyers. At the LED Expo Thailand, Guzhen Lighting Fair’s international promotion team engaged in in-depth discussions with buyers to precisely match their needs.

By showcasing captivating videos of previous fairs and distributing promotional materials, potential buyers were able to quickly grasp key information about the event, including highlights, exhibitor offerings, and entry policies. This approach successfully attracted numerous high-quality buyers from Thailand and Southeast Asia, many of whom pre-registered on-site and expressed great anticipation for the 31st Guzhen Lighting Fair. Meanwhile, the Hosted Buyer Program drew significant attention, with many international buyers inquiring about the event and expressing strong interest in participating.

Hosted Buyer Program: Expanding New Avenues for International Cooperation

There are many buyers on site who want to know more about Hosted Buyer Program (HBP). The 2024 HBP is an immersive experience tailored specifically for international buyers and invites high-quality professional buyer delegations from Southeast Asia, South Asia, the Middle East, Africa, Europe, and the Americas to participate. Through precise matchmaking and a variety of convenient services, buyers will gain in-depth knowledge of Guzhen, China’s City of Lighting, and the lighting industry in Zhongshan. They will have the opportunity to visit local lighting marketplaces, allowing them to identify and connect with suitable premium suppliers. To date, more than 200 top international buyers have registered for the event.

In addition to the enthusiastic response from international buyers, several exhibitors from the LED Expo Thailand have also inquired about participating in the Guzhen Lighting Fair. These exhibitors expressed a strong desire to showcase their latest products and technologies at the Fair, engage with buyers from around the world, and explore new opportunities for growth and collaboration.

The Guzhen Lighting Fair is not just a lighting exhibition; it serves as a vital window for the Chinese lighting industry to engage with the world. Every showcase here has the potential to spark new business collaborations, and every interaction may open doors to new market opportunities. We look forward to welcoming global buyers and exhibitors to the 31st Guzhen Lighting Fair from October 22 to 26. Together, we will witness this grand event in the lighting industry, illuminating the future and connecting the world!

View original content:https://www.prnewswire.com/apac/news-releases/expanding-global-connections-guzhen-lighting-fair-sets-its-sights-on-the-thai-market-302254974.html

SOURCE China (Guzhen) International Lighting Fair

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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

37 minutes ago

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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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37 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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