Connect with us

Technology

Argand Partners Announces Dividend Recapitalization of Sigma Engineered Solutions

Published

on

NEW YORK, April 21, 2025 /PRNewswire/ — Argand Partners, LP (“Argand”), the New York-based middle-market private equity firm, with offices in the San Francisco Bay Area and Miami, today announced a dividend recapitalization of its portfolio company, Sigma Engineered Solutions (“Sigma” or the “Company”), a global supplier of precision metal components servicing a variety of industrial markets including electrical, power transmission & distribution, and instrumentation. The Company’s headquarters and distribution center is located in Garner, North Carolina, with manufacturing facilities in India, Mexico, and the United States.

“We are thrilled about the growth at Sigma and the wonderful job CEO Brad Ward and his team have done expanding its customer base, building on its competitive advantages, and delivering exceptional results,” said Charlie Burns, Partner at Argand Partners. “With this transaction, we are excited to accomplish the twin objectives of creating operational flexibility and returning capital to our investors. Over our ownership, Sigma has grown into a differentiated global supplier, and we’re excited about supporting its next phase of growth.”

“This transaction is a strong endorsement of the progress we’ve made and the opportunities ahead,” said Brad Ward, CEO of Sigma Engineered Solutions. “Argand has been a tremendous partner, supporting our vision and investing in the tools we need to scale. We’re excited to continue building on our momentum and delivering value to our customers and stakeholders.”

Heather Faust, Managing Partner at Argand Partners, added, “Sigma’s engineering expertise, vertically integrated global supply chain, and world-class manufacturing footprint have positioned them as a trusted partner to leading multinational OEMs. Sigma has ever-growing importance with its customers because of its unique combination of just-in-time distribution capabilities coupled with operational excellence in design, metal forming, precision machining, and finishing for metal components and assemblies on a worldwide scale.

Ares Management and Apogem Capital participated in the upsizing of the credit facility in connection with the transaction.

About Sigma Engineered Solutions

Sigma Engineered Solutions, headquartered in Garner, North Carolina, is a global leader in the manufacturing of precision-engineered metal components. The Company serves end markets benefiting from increased electrification and connectivity, including electrical, power transmission & distribution, instrumentation, consumer electronics, and general industrial markets. With world-class manufacturing and supply chain facilities across the United States, India, and Mexico, Sigma’s engineering expertise, quality, and distribution capabilities make it a preferred partner for multinational corporations across the globe.

About Argand Partners

Argand Partners is a New York-based middle-market private equity firm, with offices in the San Francisco Bay Area and Miami. The firm makes investments in manufacturing, distribution, and business services companies with a strong U.S. nexus (headquarters, significant operations, primary growth market, and/or majority of revenue) and often significant global operations.

Argand-owned companies are typically niche market leaders in the U.S. and/or globally, have sustainable competitive advantages, defensive characteristics, and significant growth potential supported by secular demand trends.

Argand is a control investor with a team that employs a hands-on approach to partnering with great management to create value across the investment lifecycle and pursue significant growth.

Argand is a signatory to the UN-supported Principles for Responsible Investment. Further information on Argand can be found on the firm’s website: http://www.argandequity.com

For more information about Argand or Sigma contact:

Heather Faust
Managing Partner & Co-Founder
Argand Partners
(212) 588-6470
hfaust@argandequity.com 

Charlie Burns
Partner
Argand Partners
(212) 588-6473
cburns@argandequity.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/argand-partners-announces-dividend-recapitalization-of-sigma-engineered-solutions-302432057.html

SOURCE Argand Partners

Continue Reading

Technology

Cheers to One Million! Broadway.com’s Instagram Hits a Milestone

Published

on

By

NEW YORK, Oct. 29, 2026 /PRNewswire/ — A celebration is in order! Broadway.com’s Instagram account has hit a milestone one million followers.

For over a decade, Broadway.com has offered exclusive access to Broadway’s hottest shows and iconic stars via Instagram. Followers have been invited along to starry opening nights, glamorous red carpets and exciting one-night-only events. We’ve shared gorgeous portraits, introduced Broadway newcomers, celebrated screen stars taking to the stage and given tastes of exciting interviews. There have been curtain calls and exclusive performances, backstage visits and sneak peeks into rehearsal. Need to keep up with breaking news? We’ve got that too! If it’s happening, rest assured, Broadway.com is there, and will continue to celebrate the Broadway community for years to come.

If you’re one of the million, thanks for choosing to have us on your feed! If not, what are you waiting for? Join in on the fun!

CONTACT:
Andrew Mitchell
media@cambridgeglobal.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/cheers-to-one-million-broadwaycoms-instagram-hits-a-milestone-302924256.html

SOURCE Broadway.com

Continue Reading

Technology

Vusion Completes Acquisition of In-Store Media, Opening a New Chapter for Digital Retail Media in Physical Stores

Published

on

By

Vusion and ISM combine connected store technology and retail media expertise to unlock the untapped advertising potential of physical stores

PARIS, Oct. 29, 2026 /PRNewswire/ — Vusion (VU – FR0010282822), the global leader in AI-powered digitalization solutions for physical commerce, today announces the completion of its acquisition of In-Store Media (ISM), following the agreement announced on July 27, 2026 and the satisfaction of all conditions precedent, including the receipt of the required regulatory approvals. 

The acquisition is financed through a bridge financing facility with total commitments of €200 million, an initial maturity of 12 months and two six-month extension options.

Headquartered in Barcelona, ISM brings deep expertise in designing, deploying and monetizing in-store retail media networks, long-standing relationships with 90 retail banners and more than 1,600 brands, as well as a strong international track record in 9 countries across EMEA, Americas and APAC.

This acquisition strengthens retail media as a core pillar of Vusion’s connected store platform. Despite their significant shopper traffic and proximity to purchasing decisions, physical stores remain an underdeveloped retail media channel, capturing less than 3% of retail media spending. Unlocking this opportunity requires combining retail media expertise with the digital capabilities to understand audiences, activate relevant content and demonstrate campaign performance.

Together, Vusion and ISM aim to help retailers and brands better understand in-store audiences, deliver more relevant content and adapt campaigns in real time. By making in-store media easier to integrate into brands’ omnichannel campaigns and its impact on sales easier to measure, the combination will help brands invest with greater confidence and retailers generate more revenue from their media networks.

“We are delighted to welcome the In-Store Media teams to Vusion,” said Thierry Gadou, Chairman and CEO of Vusion. “We share the same vision that physical stores will be the next great digital media. Together, we now have an exceptional opportunity to bring that vision to life, combining our cutting-edge connected store platform and ISM’s retail media expertise to create lasting value for retailers, brands and shoppers.”

“Joining Vusion is a tremendous opportunity for our teams and customers,” said Fernando de Vicente, CEO of In-Store Media. “We have built our business through close partnerships with retailers and brands, and a deep understanding of how to make in-store media work. We look forward to leveraging those foundations with Vusion, accelerating our digitalization, and expanding what we can achieve together.”

In-Store Media to participate in Vusion’s Capital Markets Day

ISM will participate in Vusion’s Capital Markets Day in Paris on November 18, 2026. The event will provide an opportunity to share more about the role of in-store digital retail media in Vusion’s medium-term strategic plan and the growth opportunities created by this acquisition.

About In-Store Media

The Spanish multinational, founded in 1998, is today a global benchmark in the development of Retail Media advertising solutions. Present in 9 countries across Europe, Latin America and Asia, it works with more than 90 retailers and maintains partnerships with over 1,600 brands. It covers hypermarkets, supermarkets, shopping centres, department stores and specialty stores in Spain, France, Portugal, Italy, Poland, Mexico, Argentina, Chile and the Philippines.

About Vusion

Vusion is the global leader in AI-powered digitalization solutions for physical commerce, serving over 350 major retail groups in the world. www.vusion.com

View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/vusion-completes-acquisition-of-in-store-media-opening-a-new-chapter-for-digital-retail-media-in-physical-stores-302924259.html

Continue Reading

Technology

Abel Communications CEO Greg Abel Named President of Newly Formed Public Relations Society of America Maryland Chesapeake Chapter

Published

on

By

Merger of two regional public relations chapters creates new opportunities for professional development and industry connection across Maryland

BALTIMORE, Oct. 29, 2026 /PRNewswire/ — Abel Communications announced today that CEO and founder Greg Abel will serve as President of the newly formed Public Relations Society of America (PRSA) Maryland Chesapeake chapter, helping lead an expanded network of public relations and communications professionals across the Baltimore region.

The PRSA Maryland Chesapeake chapter brings together the PRSA’s Maryland and Central Chesapeake chapters following a merger approved by both chapters’ members and boards, as well as PRSA’s national leadership. Effective immediately, the merger will support broader professional engagement across Maryland, with a strategic focus on the Greater Baltimore region.

“This is an exciting day and the culmination of a great deal of behind-the-scenes work by leaders who are committed to promoting and supporting the public relations profession,” said Greg Abel, CEO and founder of Abel Communications. “By combining our energy, talent, and networks, the PRSA Maryland Chesapeake chapter is committed to delivering high-quality and consistent programming for our members.”

As President, Abel will work alongside a board representing public relations agencies, higher education, public media, philanthropy, and advocacy organizations. This board aims to strengthen the chapter’s programming and create more opportunities for members to learn, build relationships, and contribute to the public relations profession.

Beginning in the fourth quarter of 2026, the PRSA Maryland Chesapeake chapter plans to offer monthly virtual learning sessions with industry thought leaders, monthly in-person coffee meetups at member locations, and visits every other month to local news organizations and other organizations making news.

PRSA and Public Relations Student Society of America members are invited to help shape the chapter through its Communications, Programming & Professional Development, and Membership & Engagement committees. Those interested in joining or volunteering can learn more by visiting https://prsamd.org.

About Abel Communications
Abel Communications is a full-service public relations firm, delivering strategic communications programs for regional and national clients in sectors including health and wellness, professional services, and local, national, and global brands. The firm provides strategic counsel to help clients navigate the intersection of media relations, content development, social media, and digital strategy.

About the PRSA Maryland Chesapeake Chapter
The PRSA Maryland Chesapeake Chapter is the premier professional organization serving strategic communication, public relations and marketing professionals across Maryland. Formed through the union of two established regional chapters, PRSA Maryland Chesapeake fosters lifelong learning, ethical standard-setting and collaborative connection through programming, professional development and industry leadership.

View original content to download multimedia:https://www.prnewswire.com/news-releases/abel-communications-ceo-greg-abel-named-president-of-newly-formed-public-relations-society-of-america-maryland-chesapeake-chapter-302924187.html

SOURCE ABEL COMMUNICATIONS

Continue Reading

Trending