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Prosourcefit, A Pilot Wave Holdings Portfolio Company, Expands Lifestyle Offering with Acquisition of Hyggelight, the Growing Candle

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NEW YORK, Nov. 19, 2024 /PRNewswire/ — Prosourcefit, a leading name in online fitness and lifestyle products, is thrilled to announce its acquisition of Hyggelight, a premium candle brand known for its focus on natural, sustainable, wellness-inspired scents. This acquisition is part of Prosourcefit’s strategic mission to broaden its lifestyle and wellness portfolio, enhancing the holistic journey for its customers.

With a strong emphasis on quality and an expanding array of offerings, Prosourcefit has made waves in the fitness industry by providing customers with everything they need to support an active and balanced lifestyle. The addition of Hyggelight’s products aligns with Prosourcefit’s commitment to creating environments that promote relaxation, recovery, and mental well-being alongside physical fitness.

“We are excited to welcome Hyggelight into our family,” said Anatoly Krichevsky, Prosourcefit CEO. “Wellness extends beyond physical activity; it encompasses a lifestyle of balance and tranquility. The sensory experience provided by Hyggelight’s candles aligns perfectly with our vision of providing products that enrich our customers’ entire well-being journey.” Igor Finkelshteyn, President of Prosourcefit, added, “Hyggelight’s operations will very naturally fit into the team and capabilities we’ve worked to grow over the past few years.”

“We’re thrilled to be part of Prosourcefit and Pilot Wave,” said Chris Hileman, COO of Hyggelight. “With Prosourcefit’s and Pilot Wave’s capabilities, we’re confident we can grow to our potential”, Cynthia Hileman, President of Hyggelight, added.

“We are extremely excited to add Hyggelight to the portfolio,” said Afsheen Afshar, Founder and Managing Partner at Pilot Wave Holdings Management. “This is part of Pilot Wave’s strategic path to strengthening small businesses.”

About Prosourcefit

Prosourcefit, established in 2011, exists to inspire active, healthy lifestyles with products that make fitness attainable and enjoyable for everyone. They do this by constantly pursuing innovation as they find new ways to enhance the customer experience and develop higher quality products to meet customers’ evolving needs.

About Hyggelight

Hyggelight was born out of a simple question: why do so many candle companies pour their products into single-use containers? Like many of us, the founders had a cabinet full of empty jars they hesitated to throw away, wondering how they might be repurposed instead. This reflection led to the creation of Hyggelight and its innovative product line, The Growing Candle, combining the warmth of thoughtful fragrance with eco-conscious design.

About Pilot Wave Holdings

Pilot Wave Holdings is the first acquisition firm dedicated to growing small businesses with bringing modern technology. Comprised of hybrid investment professionals, operators, and technologists, the team partners with exceptional management to grow businesses and help them continue to be competitive in the technological age. For further information, please contact: info@PilotWaveHoldings.com

Media Contact:  
lisa.belton@pilotwaveholdings.com 

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SOURCE Pilot Wave Holdings Management

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Dreame Unveils PowerSight 40V Series at DREAME NEXT Launch Event 2026: Smart Display, Stable Power, Eco-Friendly Garden Care

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SAN FRANCISCO, April 28, 2026 /PRNewswire/ — Dreame Technology, a global leader in high-end consumer electronics and intelligent manufacturing, has kicked off its highly anticipated DREAME NEXT launch event at the iconic Palace of Fine Arts, running from April 27 to 30, 2026. The centerpiece of the showcase includes the PowerSight™ 40V cordless yard tool series, which is currently available for live demonstrations, with the official global unveiling scheduled for the afternoon of April 28.

As a highly anticipated cross-industry feast attracting global attention from the tech community, the event has gathered numerous renowned scientists and leaders in the technology field. Thousands of guests from more than 50 countries and regions around the world have converged at this iconic venue, including senior industry experts, global core distributors, international mainstream media, and key opinion leaders (KOLs). Beyond these distinguished guests, the event has also drawn significant attention from technology enthusiasts, industry professionals, and eco-conscious homeowners alike, who have flocked to the Palace of Fine Arts to experience Dreame’s latest innovation firsthand. Throughout the first day, Dreame’s team has engaged in extensive one-on-one conversations with visitors, demonstrating the full capabilities of the PowerSight™ 40V lineup, including the chainsaw, 21-inch lawn mower, leaf blower, hedge trimmer, string trimmer, and solar charger.

The official presentation on April 28 will focus on three core technological innovations that set the PowerSight™ 40V series apart:

SyncCore™ Brushless Motor Technology: Delivering competitive power-to-weight ratio with minimal energy loss, ensuring longer runtime and quieter operation compared to traditional motors.Dual-Channel Communication BMS: Enabling instant, lossless communication between battery and tool for stable power delivery, real-time monitoring of voltage, current and temperature, and enhanced safety protection.PowerSight™ Intelligent Display: Providing users with intuitive access to battery level, runtime estimates, and performance metrics, revolutionizing how homeowners interact with their yard tools.

Dreame’s commitment to sustainability is evident throughout the series, with optimized design and enhanced transmission that boost energy efficiency measurably, delivering longer runtime per charge. The system also supports solar charging, allowing users to work with one battery while charging the other with clean, renewable energy—an innovative feature that has resonated strongly with environmentally conscious attendees.

This efficient, cost-saving system represents a great advancement in the field of cordless outdoor equipment, offering a practical, eco-friendly solution for modern garden care needs.

Following the official unveiling, the PowerSight™ 40V series will be available for pre-order, with global availability across major markets expected in the coming months. Detailed pricing and regional availability will be announced later.

About Dreame Technology

Established in 2017, Dreame Technology is a global leader in high-end consumer electronics and intelligent manufacturing with the vision to empower lives through technology. Follow us on Facebook, Instagram, TikTok and Twitter. For more information, visit https://global.dreametech.com/.

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SOURCE Dreame Technology

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Wilbur Labs 2026 Startup Failure Report Reveals AI Is the Top Threat for Half of Startup Founders

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MIAMI, April 28, 2026 /PRNewswire/ — Today, Wilbur Labs released their 2026 Report on Startup Failure, showing half of founders (50%) identified technological disruption, including AI, as the top threat to their company. Additionally, 59% of founders said they are concerned about their business surviving the next 12 months.

Click here for more information: https://www.wilburlabs.com/blueprints/why-startups-fail

Startup success stories often dominate headlines, but the reality of entrepreneurship is far less predictable. 81% of founders said their company pivoted from its original idea at least once, while 42% said they wish they had pivoted sooner.

“Startups rarely fail because founders lack ambition or intelligence,” said Phil Santoro, Co-Founder of Wilbur Labs. “More often, early assumptions about the market or product turn out to be wrong. The founders who succeed recognize those signals early and adapt.”

Product-market fit remains the biggest challenge
More than half of founders (54%) said their most important lesson from failure was the need to better understand product-market fit. Additionally, 44% cited product or technology issues as the primary cause of failure, and 25% cited running out of money (down from 38% in 2023).

“Even with AI making it easier to iterate than ever, product-market fit is still the foundation of every successful company,” said David Kolodny, Co-Founder of Wilbur Labs. “When founders get that right, a lot of other problems become manageable. When they don’t, challenges like competition, product issues, and capital constraints inevitably follow.”

The human cost of entrepreneurship
Beyond strategy, founders report significant personal strain. Nearly 9 in 10 (90%) said they experienced stress or burnout severe enough to make them consider quitting, while 87% said building a company was lonelier than expected.

Despite these challenges, resilience remains strong. More than 4 in 5 (81%) founders who experienced failure said they would start another company, with 31% motivated to do so immediately.

“Failure is rarely the end of the story. For most entrepreneurs, it’s actually the beginning of the next chapter,” Kolodny said.

Methodology
This study was designed and conducted by Wilbur Labs as part of ongoing research into startup failure and founder experiences. Wilbur Labs engaged Wakefield Research to assist with survey administration. The survey was made up of 200 U.S. tech founders between February 3-12, 2026, via email and online questionnaire. The margin of error is ±6.9 percentage points at the 95% confidence level.

About Wilbur Labs
Wilbur Labs is a startup studio that turns bold ideas into market-leading companies. The studio identifies unsolved customer problems, researches solutions, and builds or invests in companies to solve them. Visit www.wilburlabs.com for more information.

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SOURCE Wilbur Labs

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Aligned Fitness Expands Beyond Southeast With Acquisition of Six Club Pilates Studios in Ohio

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ATLANTA, April 28, 2026 /PRNewswire/ — Aligned Fitness Holdings, a leading franchisee of Club Pilates, has acquired CAM Pilates, a Columbus, Ohio-based franchisee operating six top-performing studios. The transaction expands its total footprint to 55 studios.

The acquisition broadens Aligned Fitness’ geographic reach beyond its established base in the Southeastern United States, where it has locations in North Carolina, Georgia and South Carolina, positioning the company for continued growth across the region and the Mid-Atlantic. By entering the Columbus market, the firm gains access to a high-demand, high-growth metro area while creating additional opportunities for new studio development.

CAM Pilates was founded and operated by Caitlin McTigue and Jason Tomany, widely respected franchisees known for building high-performing studios and a strong culture. Aligned Fitness plans to work closely with the existing team to maintain operational excellence while expanding access to Pilates across the region.

“This acquisition represents a natural extension of our strategy to partner with best-in-class operators in markets where we can build density and scale,” said Jon Smith, chief executive officer of Aligned Fitness Holdings. “Caitlin and Jason have built exceptional studios with a strong community focus, and we are excited to work alongside their team to continue delivering the benefits of Pilates to more people. Entering Columbus also demonstrates that our platform can successfully expand beyond our Southeastern roots into new, high-quality markets.”

Aligned Fitness has grown through a combination of new studio development and targeted acquisitions, focusing on premier franchisees in attractive markets. The addition of CAM Pilates reinforces the company’s position as an emerging multi-state platform in boutique fitness.

The broader boutique fitness industry continues to experience strong momentum, driven by consumer demand for personalized, community-oriented experiences. According to Allied Market Research, the global Pilates and yoga studios market is projected to reach $521 billion by 2035, reflecting a compound annual growth rate of 14.3 percent.

Aligned Fitness will continue to pursue strategic acquisitions and organic growth opportunities to expand its footprint and bring Pilates to more communities across its target regions.

Media contact
Thornton Kennedy
E | thornton@prsouth.net
C | 404 210 0363

View original content:https://www.prnewswire.com/news-releases/aligned-fitness-expands-beyond-southeast-with-acquisition-of-six-club-pilates-studios-in-ohio-302755988.html

SOURCE Eagle Merchant Partners

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