Connect with us

Technology

Riverside Partners Rebrands as RS2 Healthcare Partners; Closes Continuation Vehicle for Loftware

Published

on

Rebrand reflects strategic decision to focus exclusively on healthcare investing

Craig Stern appointed Co-Managing Partner of RS2 Healthcare Partners alongside David Belluck

AKKR Strategic Capital served as lead investor in Loftware Continuation Vehicle in a transaction that provides additional committed funding to support Loftware’s future growth and enables new platform investments

BOSTON, May 11, 2026 /PRNewswire/ — Riverside Partners, a private equity firm headquartered in Boston, is pleased to announce its rebrand to RS2 Healthcare Partners (the “Firm”), reflecting the Firm’s exclusive focus going forward on healthcare investing in the lower middle market. The new brand underscores the Firm’s longstanding and deepening commitment to investing in pharma services, medical device contract manufacturing, technology-enabled healthcare, and other high-growth healthcare subsectors.

RS2 Healthcare Partners builds on over 30 years of experience and formalizes the strategic decision to exclusively pursue investments with a healthcare orientation going forward. RS2 Healthcare Partners’ specialized strategy is supported by a highly experienced team of investment professionals alongside Healthcare, Clinical, and AI Advisory Boards comprising over 30 executives, clinicians, and technology experts from leading healthcare organizations.

David Belluck, Co-Managing Partner at RS2 Healthcare Partners, said, “RS2 Healthcare Partners reflects the investment strategy and sector specialization we have cultivated over three decades of focused lower middle market healthcare investing. Our dedicated healthcare platform — anchored by established industry relationships, an experienced investment team, and veteran Advisory Boards — creates a differentiated ability to partner with founders and management teams to build market-leading businesses. The rebrand reinforces our commitment to being the partner of choice to founders and management teams in the lower middle market and marks an important milestone in the evolution of our firm.”

The Firm also announced the appointment of Craig Stern as Co-Managing Partner, joining David Belluck in leading RS2 Healthcare Partners. Having worked alongside Mr. Belluck for 14 years with an exclusive focus on healthcare investing, Mr. Stern’s new role reflects both the depth of their partnership and the Firm’s dedication to building a world-class healthcare-focused investment platform.

Mr. Belluck added, “I am pleased to announce Craig Stern’s appointment as Co-Managing Partner of RS2 Healthcare Partners. Craig and I have worked side by side to build our healthcare investment platform, and his elevated role is a natural next step that is a testament to both the strength of our partnership and our shared commitment to the Firm’s continued growth.”

“We have been focused on creating a firm with a differentiated approach to healthcare investing, grounded in extensive sector expertise, a collaborative and values-driven culture, and trusted partnerships with founders and management teams,” said Craig Stern, Co-Managing Partner at RS2 Healthcare Partners. “We have deep conviction and a shared vision for the opportunity ahead and I am excited to co-lead the Firm going forward with David as we build on the strong foundation already in place.”

RS2 Healthcare Partners also completed a single-asset continuation vehicle (the “Continuation Vehicle”) for Loftware, Inc. (“Loftware” or the “Company”), a leading global enterprise labeling and artwork management provider of cloud-based software solutions. The transaction highlights the Firm’s healthcare expertise, as evidenced by Loftware’s life sciences vertical growing from a nascent business into Loftware’s largest and fastest-growing end-market and a key area for future growth. Accel-KKR’s (“AKKR”) dedicated secondary fund, AKKR Strategic Capital, served as lead investor of the Continuation Vehicle. The Continuation Vehicle provides Loftware with dedicated capital to support future growth. The transaction also provides RS2 Healthcare Partners with additional committed funding to pursue new platform investments.

RS2 Healthcare Partners originally acquired Loftware in 2014. Over the course of the investment, the Firm has supported the Company’s transformation from a US-focused labeling provider into the leading independent global platform offering mission-critical software and applications enabling its customers to design, deliver and trace labels across complex supply chains with significant regulatory and compliance requirements. During this period, Loftware completed four strategic add-on acquisitions that expanded its products and capabilities to establish an end-to-end, highly-integrated solution serving global supply chains. Loftware generates approximately $125 million in revenue and serves more than 10,000 customers across over 100 countries.

AKKR has been an investor in Loftware since March 2023, when the Firm sold a partial stake in the Company to AKKR. The Continuation Vehicle deepens this existing partnership and delivers meaningful benefits to all stakeholders. The transaction offered existing limited partners the options to maintain their existing investments or to receive liquidity or roll over their interests into the Continuation Vehicle with new unfunded capital commitments to support the Company’s growth plans.

Atlantic-Pacific Capital, Inc. served as exclusive financial advisor and placement agent, and Choate Hall & Stewart LLP served as legal counsel to RS2 Healthcare Partners.

About RS2 Healthcare Partners

Founded in 1989, RS2 Healthcare Partners (formerly Riverside Partners) is a Boston-based private equity firm with total capital commitments of $1.6 billion raised since inception. The Firm exclusively focuses on healthcare investing in the lower middle market. RS2 Healthcare Partners combines a disciplined investment strategy, specialized sector expertise, a highly experienced team of investment professionals and healthcare advisors, and a collaborative approach to partnering with founders and management teams. For more information, visit www.rs2healthcare.com.

About Loftware

Loftware is the global leader in product identification. Loftware’s cloud-based solutions power real-time collaboration, ensure compliance, improve authenticity, and deliver supply chain traceability from product development to consumer engagement. Loftware provides scalable, data-driven labeling and packaging technologies that help companies boost speed to market, enhance efficiency, and connect physical products to digital experiences. Trusted by global brands and backed by over 40 years of innovation, Loftware supports customers across industries with offices in the United States, United Kingdom, Slovenia, China, and Singapore. For more information, visit www.loftware.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/riverside-partners-rebrands-as-rs2-healthcare-partners-closes-continuation-vehicle-for-loftware-302768290.html

SOURCE Riverside Partners

Continue Reading

Technology

AULUMU Introduces the ADuo Particle Aramid Fiber Case for iPhone Duo

Published

on

By

1500D aramid fiber meets a universe-inspired particle array, combining technical aesthetics with everyday protection

SHENZHEN, China, Oct. 22, 2026 /PRNewswire/ — AULUMU, the design-driven accessories brand known for blending futuristic aesthetics with functional engineering, introduces the ADuo Particle Aramid Fiber Case for iPhone Duo. Part of the brand’s Particle Series, the new case combines a lightweight 1500D aramid-fiber construction with a distinctive particle-array design, dual-screen protection, and MagSafe compatibility in a slim, technical form.

Inspired by the primordial order of the universe and tactical aesthetics, the ADuo Particle transforms a finely woven surface into a dynamic visual composition. Its precisely arranged particles create a sense of depth and structure, evoking the ubiquitous particles found throughout the universe. The result is a design that balances visual complexity with a restrained, functional aesthetic.

At the core of the ADuo Particle is 1500D aramid fiber, selected for its refined woven texture and lightweight strength. The finely woven material creates a distinctive tactile surface while maintaining a slim profile for everyday carrying. A skin-friendly coating further enhances grip and makes routine cleaning easier, bringing material refinement and practical usability together.

The ADuo Particle is available in two finishes, each interpreting the particle-array concept through a different visual language. Abyss Blue features a UV-processed gradient particle array, creating a sense of depth through a gradual shift in color. Polar Black combines glossy particles with black aramid fabric, producing a subtle interplay of light and shadow that changes with the viewing angle. Together, the two colorways offer distinct expressions of the same technical design language.

Beyond its visual identity, the ADuo Particle integrates a series of protective details designed for everyday use. A full-coverage PC protective frame surrounds the front screen, helping protect its edges and corners. An aluminum-alloy camera guard adds protection around the camera area, while raised edges around the screen and camera help reduce direct contact with surrounding surfaces. These elements complement the slim construction without adding unnecessary visual bulk.

The case also supports compatible MagSafe accessories, extending its functionality beyond basic device protection. Users can pair it with magnetic accessories, including the AULUMU G09 Mag Stand, to create a more flexible setup for everyday work, viewing, and mobile use. By combining magnetic compatibility with a refined aramid-fiber exterior, the ADuo Particle fits naturally into a technical, minimalist everyday carry setup.

The ADuo Particle reflects AULUMU’s ongoing approach to product design: bringing material innovation, functional details, and a distinctive industrial aesthetic into everyday technology accessories. Rather than treating protection and appearance as separate priorities, the case integrates both into a cohesive design built around the character of the device and the needs of daily use.

AULUMU is also developing two additional ADuo Aramid Fiber Case variations: a distinctive all-white edition and a gradient edition inspired by the visual direction of the A18 Ultra Slim Gradient Aramid Fiber Case. Release dates for both versions have yet to be determined.

Available on the AULUMU website for $89.98

What is More

AULUMU is also preparing a special limited version of ADuo Particle Aramid Fiber Case which is the world first All-White Aramid Fiber case. The release date for this case has not yet been determined.

About AULUMU

Founded in 2022, AULUMU is a design brand focused on high-performance gear, drawing inspiration from the functional aesthetics of cyberpunk and the philosophical roots of ancient Greek thought. Since its inception, the brand has launched dozens of digital accessory products, secured multiple utility and invention patents, and received the 2025 Red Dot Design Award. Today, AULUMU products serve hundreds of thousands of users across more than 20 countries and regions, positioning the brand as a growing presence in the global high-performance accessories market.

For more information, visit: https://aulumu.com/, or follow AULUMU on Instagram: https://www.instagram.com/aulumu_official/

View original content to download multimedia:https://www.prnewswire.com/news-releases/aulumu-introduces-the-aduo-particle-aramid-fiber-case-for-iphone-duo-302917688.html

SOURCE AULUMU

Continue Reading

Technology

LianLian Global and PayPal Power Cross-Border Payouts for Social Commerce, Marketplace, and eCommerce Customers

Published

on

By

Social commerce, marketplaces and eCommerce players served by LianLian Global can now pay creators, influencers, developers, and independent contractors directly to their PayPal and Venmo wallets.

NEW YORK, Oct. 22, 2026 /PRNewswire/ — LianLian Global  today announced it has partnered with PayPal (NASDAQ: PYPL) to enable its social commerce, marketplace and e-commerce clients to send payouts directly to PayPal accounts globally and to Venmo accounts in the U.S.

The creator and gig economy runs on fast, low-friction payouts. Brands are expected to spend $32.6 billion on creators in 2026 and roughly 50 million people worldwide create content professionally or semi-professionally (Gigapay Global Creator Economy Report 2026). Many of these recipients already hold a PayPal or Venmo account: PayPal had over 400 million active accounts across approximately 200 markets at the end of Q2 2026, and Venmo reached 67 million monthly active accounts in Q4 2025.

Paypal Payouts is live in 96 global markets and 24 currencies. It allows merchants to send to any email address, mobile number, or Venmo user handle, with or without an existing PayPal or Venmo account.

To support enterprises expanding globally, LianLian Global provides digital payment services including pay-in, pay-out, acquiring, foreign exchange, virtual cards and payment aggregation. To date, its parent company Lianlian DigiTech has served more than 13.3 million clients. Its services reach more than 200 countries and regions, support transactions and settlement in more than 140 currencies, and connect with more than 180 global e-commerce platforms.

The partnership combines LianLian Global’s cross-border collection, FX and compliance infrastructure with PayPal’s global wallet network. Key offerings include:

Pay to PayPal: Payouts from LianLian Global clients to PayPal account holders in 96 markets, using only the recipient’s email or phone numberPay to Venmo: Domestic U.S. payouts to Venmo users, including creators, influencers and independent contractorsPayPal Payouts for Platforms: Mass disbursements for social commerce, marketplaces and affiliate platforms paying large numbers of sellers, creators and contractorsSpeed to settle: Save time and money by eliminating check runs and postage; no need for routing numbers and bank accounts.

Sandra Lam, Deputy CEO of US at LianLian Global: “Social commerce is creating a new economy, where creators, influencers and independent sellers drive discovery and sales alongside the platforms they sell on. Paying these participants fast, across borders and in small amount is what powers the network effect of social commerce. We see our work with Paypal as a key step in building the payout rails for the global gig economy.”

The collaboration expands LianLian Global’s payout coverage and supports its growth in the U.S. and global markets as cross-border platforms scale their creator and contractor programs.

View original content:https://www.prnewswire.com/news-releases/lianlian-global-and-paypal-power-cross-border-payouts-for-social-commerce-marketplace-and-ecommerce-customers-302917635.html

SOURCE LianLian Global

Continue Reading

Technology

Crab2B Debuts as Hong Kong’s First Dedicated B2B Platform for Mobile Electronics

Published

on

By

HONG KONG, Oct. 23, 2026 /PRNewswire/ — With the global population surpassing 8 billion, mobile electronics have become essential to modern life, with smartphones now used by billions of people. Across approximately 13,861 cities worldwide, electronics wholesalers play a vital role in the supply chain. Among the world’s three major wholesale hubs for digital electronics, Dubai serves the Middle East and Africa, Miami connects markets across Latin America, and Hong Kong draws strength from its unique position linking mainland China with global markets. According to Hong Kong Customs data, re-exports of used mobile phones from Hong Kong reached 51.5 million units in 2025, while the total value of electronics exports hit HK$3.9216 trillion. Yet despite its value running into the trillions of Hong Kong dollars, it has long lacked a dedicated online platform.

Crab2B was created to fill this gap as Hong Kong’s first B2B platform dedicated to mobile electronics. Inspired by Alibaba’s online B2B marketplace model, the platform focuses on consumer electronics, bringing together hundreds of thousands of buyers and sellers worldwide and enabling them to connect directly.

Crab2B covers a broad range of products, including smartphones, tablets, laptops and other smart devices. Listings span brand-new and used devices, as well as certified pre-owned (CPO) and as-is products. The platform also connects buyers and suppliers with service providers offering product inspection, international logistics and repair services. Users can search for products by brand and model, while all merchants undergo rigorous verification before joining the platform. With these safeguards in place, Crab2B is designed to meet the needs of businesses across the value chain, protect the interests of both buyers and sellers, and facilitate mutually beneficial transactions.

Building on Hong Kong’s established trading network, Crab2B made its debut at the HKICEC Global Mobile Exchange Pavilion during the Global Sources Hong Kong Shows, held at AsiaWorld-Expo from October 18 to 21, 2026, where it also launched the Crab2B app. Looking ahead, Crab2B will remain firmly rooted in Hong Kong while expanding its global reach, continuing to refine the platform to deliver a smarter, more comprehensive digital marketplace for mobile electronics. By helping international buyers identify suitable suppliers, simplifying cross-border sourcing and reducing transaction costs, Crab2B aims to support the continued growth of Hong Kong’s digital trade sector and contribute to the city’s long-term prosperity and stability.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/crab2b-debuts-as-hong-kongs-first-dedicated-b2b-platform-for-mobile-electronics-302917652.html

SOURCE CRAB 2B TECHNOLOGY INVESTMENT CO., LIMITED

Continue Reading

Trending