Connect with us

Technology

EQT to acquire Orikan, a leading provider of integrated parking, enforcement, and compliance technology solutions

Published

on

EQT has agreed to acquire Orikan, a leader in end-to-end parking technology solutions across Australia, New Zealand and North AmericaEQT will partner with Orikan’s management team to support the Company’s next phase of growth through continued investment in product innovation, AI & data capabilities, service delivery, customer experience, and international expansionThe investment continues the build-out of EQT’s Asia mid-market strategy, which complements the firm’s flagship large-cap strategy by building on EQT’s prior sector experience to identify adjacent opportunities where the firm can deploy its expertise and help companies accelerate growth 

SYDNEY, July 6, 2026 /PRNewswire/ — EQT today announced that BPEA EQT Mid-Market Growth Partnership (the “MMG Fund” or “EQT”), has agreed to acquire Orikan (the “Company”), a leading provider of integrated parking, enforcement, and compliance technology solutions.

Headquartered in Melbourne, Orikan provides integrated parking operations and enforcement and infringement management services, supported by software, hardware, payments and data capabilities designed and operated by the Company. With nearly 400 employees, the Company serves hundreds of government and private sector customers – including universities, airports, hospitals and stadiums – across Australia, New Zealand, and North America.

Orikan helps customers manage complex parking operations more effectively across the full parking lifecycle, as cities become more connected and demand for smarter infrastructure and outsourced operational support grows. EQT will partner with Orikan’s management team to support the next phase of growth through continued investment in service delivery, product development, customer operations, and data and AI capabilities. Drawing on its global platform experience and sector expertise in technology-enabled services, EQT will support Orikan as it identifies opportunities to expand into adjacent customer segments and international markets. 

Nicholas Macksey, Co-Head of EQT Private Capital Asia and Head of the Mid-Market Growth strategy, said: “Orikan is a business we have followed closely and one that fits well with EQT’s Asia mid-market strategy, with a clear opportunity for EQT to support its next stage of growth. We see significant potential to help the Company continue investing in innovation, strengthen its customer offering and expand into adjacent markets. Importantly, we can bring the full resources of EQT’s regional footprint, sector expertise and industrial advisor network to support the management team as Orikan pursues selected international growth opportunities.” 

Jacob Van der Wiel, Managing Director in the EQT Private Capital Asia Team, said: “We have been impressed by the quality of Orikan’s technology, the strength of its management team and the trusted relationships it has built with customers across Australia, New Zealand, and North America. Orikan’s unique combination of best-in-class proprietary technology and comprehensive operational support services is highly differentiated and has generated a loyal following among Orikan’s customer base. We look forward to working closely with the team to continue to accelerate Orikan’s growth and help the Company reach its full potential as a global leader in parking and mobility solutions.” 

Peter Neale, Chief Executive Officer of Orikan, said: “We are thrilled to partner with EQT as we enter the next stage of Orikan’s growth. EQT shares our long-term vision and brings deep experience in scaling high-growth, technology-enabled businesses. Together, we will continue investing in our people, platform and service capabilities, while continuing to provide the high level of service our customers rely on every day. It is an exciting day for our people and our customers”

This investment continues the build-out of EQT Private Capital Asia’s mid-market strategy, which complements the firm’s flagship large-cap strategy by investing in high-quality businesses across Asia Pacific. EQT’s first dedicated Asia mid-market fund, the MMG Fund, closed in May 2024 with USD 1.6 billion in total fund commitments, above its original USD 750 million target. The strategy has since deployed capital across a diversified portfolio of quality, high-growth businesses, reflecting the depth of opportunity across Asia and EQT’s long-term commitment to supporting companies at different stages of development. Recent investments include PropertyMe in Australia and MAMEZO in Japan.

The transaction is subject to customary conditions and approvals.

Contact:
EQT Press Office, press@eqtpartners.com

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/eqt/r/eqt-to-acquire-orikan–a-leading-provider-of-integrated-parking–enforcement–and-compliance-technol,c4371225

The following files are available for download:

View original content:https://www.prnewswire.com/apac/news-releases/eqt-to-acquire-orikan-a-leading-provider-of-integrated-parking-enforcement-and-compliance-technology-solutions-302818105.html

SOURCE EQT

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Pediatric Care Expert Phillip Walker Explains What After-Hours Pediatric Urgent Care Is in HelloNation

Published

on

By

The article explains how after-hours pediatric urgent care gives families access to timely, child-focused care when regular medical offices are closed.

NEWNAN, Ga., Aug. 24, 2026 /PRNewswire/ — How can families handle sudden childhood illnesses or injuries that appear when the regular doctor’s office is closed? A HelloNation article featuring Pediatric Care Expert Phillip Walker of Childrens Clinic in Newnan, GA, explains what after-hours pediatric urgent care is and why it has become an essential support for parents. The feature describes how this specialized service bridges the gap between daytime appointments and emergency room visits, offering care that is both timely and child-focused.

The HelloNation article opens by explaining that children often get sick or injured outside of normal business hours. Fevers, coughs, sore throats, or minor injuries can arise at night or on weekends, leaving parents unsure of what to do. Walker explains that understanding what is after-hours pediatric urgent care is gives families a clear alternative when symptoms cannot wait until morning but are not severe enough for the emergency room. These centers are designed to provide professional, child-centered care when families need it most.

After-hours pediatric urgent care centers are tailored specifically for children. Providers who work in these settings are trained to recognize how symptoms present differently in young patients. The HelloNation article notes that these facilities handle common issues such as ear pain, rashes, minor injuries, and fevers. The environment is also designed to feel more comfortable and less intimidating for children. Staff communicate in ways that help young patients feel calm and understood, which makes visits smoother for both parents and children.

One major benefit of after-hours care, according to the HelloNation feature, is the ability to reduce unnecessary emergency room visits. Many families struggle to decide whether a child’s symptoms require a trip to the hospital. Emergency rooms are vital for serious problems, but they can involve long waits and added stress for minor conditions. By offering a middle ground, after-hours pediatric urgent care helps families access professional guidance quickly and efficiently. Understanding what after-hours pediatric urgent care is allows parents to make better choices about when and where to seek help.

The article explains that familiarity with childhood illnesses also makes these centers valuable. Providers who focus on pediatrics know that fevers, coughs, and stomach symptoms can change quickly. Walker highlights that after-hours teams evaluate these symptoms with an understanding of each child’s age and developmental stage. This experience allows them to give clear, age-appropriate advice that fits each family’s situation. Parents benefit from knowing that the guidance they receive is based on a deep understanding of how children respond to illness.

Access to care outside regular clinic hours also brings peace of mind to families. When a child wakes up with discomfort in the middle of the night, parents often face anxiety about waiting until morning. The HelloNation article explains that after-hours pediatric urgent care gives families immediate answers and direction. This quick access helps parents make decisions confidently instead of worrying through the night. Timely evaluation often helps children begin to feel better sooner, restoring a sense of calm for the entire household.

Minor injuries are another common reason families visit after-hours care. Children often get hurt in the evening while playing or participating in sports. Sprains, bruises, and small cuts may not be emergencies, but they still require professional evaluation. Walker explains that these centers provide careful assessment in a setting that understands children’s comfort levels. By offering treatment and advice for non-emergency injuries, after-hours pediatric urgent care keeps care simple and reassuring while preventing unnecessary hospital visits.

The HelloNation article also emphasizes how coordination with a child’s regular provider strengthens continuity of care. Many after-hours pediatric urgent care centers send visit summaries to the child’s primary home. This communication ensures that follow-up visits, ongoing treatment, or further evaluation can continue smoothly. Walker notes that this teamwork keeps families informed and helps avoid confusion about next steps. Consistent communication between urgent care and primary care builds trust and keeps children’s records complete.

After-hours care becomes particularly important during busy illness seasons. Cold, flu, and allergy spikes often fill daytime appointments quickly, leaving families with limited options. The HelloNation article explains that extended evening and weekend hours reduce scheduling stress by giving families an alternative when symptoms appear suddenly. Having access to pediatric-specific care during these peak periods ensures that children receive timely evaluation while parents maintain a sense of control and preparedness.

Reassurance is another key benefit described in the HelloNation article. Parents often need clear explanations and realistic expectations about what to do after leaving the clinic. After-hours pediatric providers take time to explain how to manage symptoms at home, when to return for follow-up, and what warning signs to watch for. This approach helps families focus on comfort and recovery rather than uncertainty. Walker explains that feeling informed during these moments can make a major difference in how families experience illness at home.

Over time, after-hours pediatric urgent care becomes an important part of a community’s healthcare network. It fills the gap between daytime offices and emergency services, ensuring that families are never without support. For parents learning what after-hours pediatric urgent care is, the HelloNation article makes clear that it offers timely access, specialized expertise, and peace of mind. It helps children receive the right level of care at the right time while keeping families connected to the professionals they trust most.

Why After-Hours Pediatric Urgent Care Matters features insights from Phillip Walker, Pediatric Care Expert of Newnan, GA, in HelloNation.

About HelloNation
HelloNation is America’s Good News Network, a premier media platform built on the idea that good news travels faster when real people tell real stories. Through its community-focused publications and innovative “edvertising” approach, HelloNation delivers content that informs, inspires, and spotlights the leaders making a meaningful impact in their communities.

View original content to download multimedia:https://www.prnewswire.com/news-releases/pediatric-care-expert-phillip-walker-explains-what-after-hours-pediatric-urgent-care-is-in-hellonation-302858612.html

SOURCE HelloNation

Continue Reading

Technology

Mistral and HUMAIN Announce Strategic Collaboration to Advance Sovereign AI in Saudi Arabia and Regionally

Published

on

By

RIYADH, Saudi Arabia, Aug. 24, 2026 /PRNewswire/ — Mistral and HUMAIN today announced a strategic collaboration spanning AI infrastructure, advanced model development, and the deployment of AI solutions in Saudi Arabia and across the region. Together, the companies will pursue the development and localization of advanced AI models, with initial areas of focus including cybersecurity and voice. The companies also plan to develop frontier models that perform strongly in Arabic language to help support the broader region. This represents a collaboration in the hundreds of millions of Euros. As part of the collaboration, Mistral will explore using HUMAIN’s data center infrastructure to support growing local compute needs. HUMAIN and Mistral also plan to develop a joint go-to-market strategy in Saudi Arabia focused on bringing advanced AI solutions to regulated industries.

The collaboration is designed to meet growing demand for sovereign AI: AI that keeps data, intelligence, compute, and operations under the customer’s control. That means data can remain within customer-defined boundaries, models can be adapted and owned on open weights, training and inference can run on infrastructure and in jurisdictions the customer chooses, and AI systems can be deployed, governed, observed, and improved over time without ceding control of the learning loop to an external platform. This is especially important in financial services, manufacturing, telecommunications, cybersecurity, and the public sector, where security, compliance, resilience, and operational autonomy are non-negotiable.

This collaboration also reflects a broader shift in how AI is being adopted globally, through partnerships that combine local infrastructure, market knowledge, and sovereign AI capabilities. Mistral and HUMAIN believe that supporting AI innovation in the region requires both the compute capacity to meet demand over time and the open, customizable AI models that allow organizations to innovate on their own terms. This collaboration will support long-term AI innovation, performance, cost control, and operational sovereignty.

About HUMAIN

HUMAIN, a PIF company, is a global artificial intelligence company delivering full-stack AI capabilities across four core areas: next-generation data centers; hyper-performance infrastructure and cloud platforms; advanced AI models, including some of the world’s most advanced Arabic large language models developed in the Arab world; and transformative AI solutions that combine deep sector insight with real-world execution.

HUMAIN’s end-to-end model serves both public and private sector organizations, unlocking value across industries, driving digital transformation, and strengthening capabilities through human-AI collaboration. With a growing portfolio of sector-specific AI products and a core mission focused on intellectual property development and global talent leadership, HUMAIN is engineered for international competitiveness and technological excellence.

Follow HUMAIN on: XLinkedIn

About MISTRAL

Mistral is a pioneer company in generative artificial intelligence, empowering the world with the tools to build and benefit from the most transformative technology of our time. The company democratizes AI through high-performance, optimized, and cutting-edge open-source models, products and solutions as well as end-to-end infrastructure with Mistral Compute. Headquartered in France and independent, Mistral defends a decentralized and transparent approach to technology, with a strong global presence in the United States, United Kingdom, and Singapore.

Learn more at mistral.ai and follow us on LinkedIn and X

Forward-Looking Statement:

This press release may contain forward-looking statements based on current expectations and assumptions. Actual results may differ materially due to various risks and uncertainties and subsequent commercial agreements. HUMAIN undertakes no obligation to update these statements.

For further details about HUMAIN, please visit HUMAIN.com

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/mistral-and-humain-announce-strategic-collaboration-to-advance-sovereign-ai-in-saudi-arabia-and-regionally-302858613.html

SOURCE Humain

Continue Reading

Technology

Plumbing Expert Grace Bahorik Explains Water Heater Lifespan And Maintenance in HelloNation

Published

on

By

The article outlines how long a water heater typically lasts and how proper maintenance can prevent early failure.

DAYTON, Ohio, Aug. 24, 2026 /PRNewswire/ — How long does a water heater last before it needs to be replaced? HelloNation has published an article that provides the answer, featuring insights from Plumbing Expert Grace Bahorik of Dayton, Ohio.

The HelloNation article explains that most traditional tank water heater systems last between eight and twelve years. However, the article notes that proper maintenance can extend a water heater’s lifespan well beyond that range. Some manufacturers design units to last much longer under the right conditions, but regular care plays a major role in achieving those results.

One of the most important steps discussed in the article is to flush the tank once or twice a year. Over time, sediment collects at the bottom of the water heater, especially in areas with hard water. This buildup forces the system to work harder to produce hot water, increasing wear and raising the risk of overheating. Flushing the tank removes sediment and helps the unit operate more efficiently.

Another key component highlighted in the article is the anode rod. This metal rod is designed to attract corrosion that would otherwise damage the inside of the tank. Because the anode rod wears down over time, replacing it every three to five years can significantly extend a water heater’s lifespan. The article describes a failing or missing anode rod as a common reason water heater systems break down earlier than expected.

The article also outlines early warning signs that may signal the need for water heater repair or replacement. Inconsistent water temperature, longer heating times, strange noises, or rust colored water are indicators that internal parts may be deteriorating. Plumbing Expert Grace Bahorik emphasizes in the article that recognizing these symptoms early can help homeowners avoid sudden breakdowns.

Water heater repair may be an option when a single part, such as a thermostat or heating element, fails. However, the article explains that if the tank itself is leaking or corroded, repair is usually not a long-term solution. A leak at the base of the water heater often means the inner lining has failed, and replacement is generally the safer course of action.

Proper sizing is another factor discussed in the article. A water heater that is too small for the household will be overworked, while one that is too large may waste energy. Both situations can shorten the overall water heater lifespan. A professional plumber can evaluate a home’s water usage and recommend an appropriately sized unit.

The article also compares traditional tank systems with tankless models. Tankless water heater units often last twenty years or more, but they still require routine maintenance, including descaling and filter checks. No matter the type of system, skipping maintenance reduces efficiency and increases the likelihood of failure.

Homeowners are encouraged to monitor their systems regularly. Listening for unusual sounds, checking for visible leaks, and paying attention to how quickly hot water is delivered are practical steps that can reveal developing issues. Plumbing Expert Grace Bahorik notes in the article that many problems start small and become more serious when ignored.

The article concludes that understanding the expected lifespan of a water heater allows homeowners to plan ahead. With regular maintenance, timely water heater repair when needed, and attention to warning signs, most systems can provide reliable hot water for many years.

How Long Does a Water Heater Last? Features insights from Grace Bahorik, Plumbing Expert of Dayton, Ohio, in HelloNation.

About HelloNation
HelloNation is America’s Good News Network, a premier media platform built on the idea that good news travels faster when real people tell real stories. Through its community-focused publications and innovative “edvertising” approach, HelloNation delivers content that informs, inspires, and spotlights the leaders making a meaningful impact in their communities.

View original content to download multimedia:https://www.prnewswire.com/news-releases/plumbing-expert-grace-bahorik-explains-water-heater-lifespan-and-maintenance-in-hellonation-302858627.html

SOURCE HelloNation

Continue Reading

Trending