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BGL Announces the Sale of Strategic Thermal Labs to Vertiv

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Strategic Thermal Labs delivers advanced liquid cooling and thermal engineering solutions for high-performance computing

NEW YORK, July 20, 2026 /PRNewswire/ — Brown Gibbons Lang & Company (BGL), a leading independent investment bank and financial advisory firm, is pleased to announce the sale of Strategic Thermal Labs (STL), a specialist in advanced liquid-cooling technologies, to a wholly owned subsidiary of Vertiv Holdings Co. (NYSE: VRT), a global leader in critical digital infrastructure.

Strategic Thermal Labs delivers advanced liquid cooling and thermal engineering solutions.

BGL’s Digital Infrastructure investment banking team served as the exclusive financial advisor to Strategic Thermal Labs. Learn more here: https://www.bglco.com/industry-coverage/infrastructure-investment-banking/digital-infrastructure-investment-banking/

Headquartered in Georgetown, Texas, STL is a thermal engineering firm specializing in direct-to-chip liquid cooling, including the design and development of high-performance cold plate solutions. The company provides deep expertise and proven capability in addressing some of the industry’s most demanding chip-level density and thermal challenges across data centers, high-performance computing, and AI-driven infrastructure.

Headquartered in Westerville, Ohio, Vertiv provides power, cooling, and IT infrastructure solutions and services that support critical applications across data centers, communication networks, and commercial and industrial environments.

Transaction Details

The acquisition extends Vertiv’s thermal-chain strategy by strengthening engineering capability at the interface between server-side liquid cooling and supporting infrastructure—an increasingly critical factor in high-density, liquid-cooled environments supporting AI and high-performance computing workloads.

The addition of Strategic Thermal Labs supports Vertiv’s broader strategy of helping customers address increasing infrastructure complexity through integrated power, thermal, controls, and lifecycle services capabilities.

Strategic Thermal Labs adds proven cold-plate design, server-side liquid cooling, and high-density thermal validation expertise and engineering capability that is expected to strengthen Vertiv’s ability to simulate and emulate real high-density compute conditions, optimize the interaction between the thermal chain and power train, and support customers across design, integration, commissioning, and lifecycle operations.

About BGL’s Digital Infrastructure Investment Banking Team

BGL’s Digital Infrastructure investment banking team helps clients both create and maximize value across various sectors, including broadband, wireless, data centers & managed services, towers & wireless infrastructure, and digital infrastructure services.

To learn more about BGL’s recent transactions in digital infrastructure investment, visit our Transaction page.

About Brown Gibbons Lang & Company
Brown Gibbons Lang & Company (BGL) is a leading independent investment bank and financial advisory firm focused on the global middle market. The firm advises private and public corporations and private equity groups on mergers and acquisitions, capital markets, financial restructurings, business valuations and opinions, and other strategic matters. BGL has offices in Boston, Chicago, Cleveland, Los Angeles, and New York. The firm is also a founding member of REACH Cross-Border Mergers & Acquisitions, enabling BGL to service clients in 30 countries around the world. Securities transactions are conducted through Brown, Gibbons, Lang & Company Securities, LLC, an affiliate of Brown Gibbons Lang & Company LLC and a registered broker-dealer and member of FINRA and SIPC. For more information, please visit www.bglco.com.

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SOURCE Brown Gibbons Lang & Company

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EQUITY ALERT – The M&A Class Action Firm Launches Inquiry — FWAC, MGLD, LFCR, and MG

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NEW YORK, Oct. 3, 2026 /PRNewswire/ —

Class Action Attorney Juan Monteverde with Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm in the 2025 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating:

Futurewave Acquisition Corporation (NASDAQ: FWAC) related to its merger with Olympian Group Inc. Is it a fair deal?

Click here for more info https://monteverdelaw.com/case/futurewave-acquisition-corporation/. It is free and there is no cost or obligation to you.

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The Marygold Companies, Inc. (NYSE American: MGLD) related to its sale to affiliates of Madison Dearborn Partners. Under the terms of the proposed transaction, Marygold shareholders are expected to receive $2.00 in cash per share. Is it a fair deal?

Click here for more info https://monteverdelaw.com/case/the-marygold-companies-inc/. It is free and there is no cost or obligation to you.

***

Lifecore Biomedical, Inc. (NASDAQ: LFCR) related to its sale to affiliates of Webster Equity Partners. Under the terms of the proposed transaction, Lifecore shareholders are expected to receive $6.28 in cash per share, plus one non-transferable contingent value right per share, entitling holders to potential additional cash payments based on the Company’s achievement of specified revenue and EBITDA milestones through 2030. Is it a fair deal?

Click here for more info https://monteverdelaw.com/case/lifecore-biomedical-inc/. It is free and there is no cost or obligation to you.

***

Mistras Group, Inc. (NYSE: MG) related to its sale to affiliates of H.I.G. Capital. Under the terms of the proposed transaction, Mistras shareholders are expected to receive $20.35 in cash per share. Is it a fair deal?

Click here for more info https://monteverdelaw.com/case/mistras-group-inc/. It is free and there is no cost or obligation to you.

NOT ALL LAW FIRMS ARE THE SAME. Before you hire a law firm, you should talk to a lawyer and ask:

Do you file class actions and go to Court?When was the last time you recovered money for shareholders?What cases did you recover money in and how much?

About Monteverde & Associates PC

Our firm litigates and has recovered money for shareholders…and we do it from our offices in the Empire State Building. We are a national class action securities firm with a successful track record in trial and appellate courts, including the U.S. Supreme Court. 

No company, director or officer is above the law. If you own common stock in the above listed company and have concerns or wish to obtain additional information free of charge, please visit our website or contact Juan Monteverde, Esq. either via e-mail at jmonteverde@monteverdelaw.com or by telephone at (212) 971-1341.

Contact:
Juan Monteverde, Esq.
MONTEVERDE & ASSOCIATES PC
The Empire State Building
350 Fifth Ave. Suite 4740
New York, NY 10118
United States of America
jmonteverde@monteverdelaw.com
Tel: (212) 971-1341

Attorney Advertising. (C) 2026 Monteverde & Associates PC. The law firm responsible for this advertisement is Monteverde & Associates PC (www.monteverdelaw.com).  Prior results do not guarantee a similar outcome with respect to any future matter.

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SOURCE Monteverde & Associates PC

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KlariFi Acquires Future Balance, Expanding Accounting and Advisory Support for Canadian Businesses

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Toronto-based Future Balance joins KlariFi with a focus on client continuity, familiar relationships and access to a broader range of financial expertise.

ORILLIA, ON, Oct. 3, 2026 /PRNewswire-PRWeb/ — KlariFi Bookkeeping & Tax (“KlariFi”) today announced its acquisition of Future Balance, a Toronto-based provider of cloud accounting and financial advisory services for small and mid-sized businesses across Canada.

“Business owners need dependable financial support and people they can turn to when decisions become more complex,” said Charles Sheppard, Founder and CEO of KlariFi.

For Future Balance clients, continuity is the immediate priority. Clients will continue working with familiar professionals during the transition, and no immediate action is required. Any updates to branding, systems or communication channels will be introduced gradually and communicated directly.

“Business owners need dependable financial support and people they can turn to when decisions become more complex,” said Charles Sheppard, Founder and CEO of KlariFi. “Future Balance has built valued client relationships through practical expertise and personal service. Our first priority is to maintain that continuity while bringing together a broader team that can support clients as their needs evolve.”

The acquisition brings together complementary expertise in bookkeeping, payroll, tax compliance, financial reporting, cash-flow forecasting, controllership and fractional CFO services. It also expands KlariFi’s presence in the Greater Toronto Area while strengthening its national team.

For businesses seeking support beyond day-to-day bookkeeping and compliance, the combined organization connects core financial services with guidance on cash flow, planning and business performance.

More information about the acquisition and what it means for clients is available in KlariFi’s Future Balance acquisition announcement.

A broader service offering built around business owners’ needs

The acquisition supports KlariFi’s longer-term direction across three complementary service pillars:

Accounting & Tax: Bookkeeping, payroll and tax compliance, supported by cloud-based processes, professional judgment and review.Advisory & Financial Intelligence: Financial reporting, cash-flow forecasting, controllership and fractional CFO support to help business owners understand performance, plan ahead and make informed decisions.AI Transformation & Managed Automation: A service offering under development to help businesses assess practical opportunities for AI, implement selected financial and administrative workflows, and receive ongoing support for those processes.

KlariFi’s plans for AI-enabled services place professional accountability, client confidentiality and appropriate human oversight at the centre of service development. The goal is to help businesses reduce repetitive administrative work while maintaining the judgment and controls their financial operations require.

As the two teams come together, KlariFi’s focus remains consistent: reliable financial work, clear communication and practical guidance, delivered through relationships that business owners can rely on.

About KlariFi Bookkeeping & Tax

KlariFi Bookkeeping & Tax supports small and mid-sized businesses across Canada with bookkeeping, payroll, tax and fractional CFO services. Through cloud-based technology, structured financial processes and proactive guidance, KlariFi helps business owners maintain accurate records, understand their finances and make decisions with confidence. KlariFi serves clients nationwide and maintains locations across Ontario, Alberta and British Columbia.

About Future Balance

Future Balance is a Toronto-based provider of cloud accounting, bookkeeping, payroll, tax compliance, controller and CFO services for small and mid-sized businesses. Its team works with entrepreneurs and growing companies across Canada, providing practical financial management through cloud-based systems.

Media Contact

Colin Wingrove, KlariFi Bookkeeping & Tax LTD., 1 1-888-287-8851 9621, colin.wingrove@klarifi.com, https://klarifi.com 

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SOURCE KlariFi Bookkeeping & Tax LTD.

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RoboParty Unveils RP1, a High-Performance Full-Stack Open-Source Humanoid Robot at IROS

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PITTSBURGH, Oct. 3, 2026 /PRNewswire/ — On September 28, 2026, RoboParty publicly unveiled RP1 (ROBOTO 01) at IROS 2026, marking the robot’s global debut. Building on RPO (ROBOTO ORIGIN), its fully open-source humanoid project launched in January 2026 with more than 2,500 GitHub stars, RoboParty positions RP1 as the world’s first high-performance full-stack open-source bipedal humanoid robot — designed for researchers, educators, robotics developers and embodied AI teams.

At the company’s IROS booth, the “Kick Me” interactive demonstration let visitors directly push and kick the robot. RP1 rapidly adjusted its posture and recovered its balance under these external disturbances, testing its dynamic stability, body performance and system-level robustness. These capabilities were supported by PartyOS, RoboParty’s open R&D foundation for humanoid robotics, which integrates UFO — a training framework that discovers humanoid motor skills through unsupervised reinforcement learning, covering skill transitions, disturbance recovery and fall recovery without relying on predefined motion trajectories.

RoboParty is integrating the robot body, actuator modules, low-level control and embodied AI algorithms into one system for continuous joint validation. RP1 delivers peak joint torque of up to 160 N•m, built on in-house-developed Romomo actuator modules and a real-time motion-control system.

For RoboParty, “full-stack open source” means more than releasing mechanical files. The company plans to progressively open its motion-control systems, simulation environments, SDKs, training tools and the PartyOS development foundation, so developers can participate from hardware and low-level control to model training and deployment.

“Humanoid robots should not be closed systems that only a small number of teams can build while everyone else can do little more than watch,” said Yi Huang, founder of RoboParty. “We want RP1 to become an open foundation that developers can access, modify, train and continuously improve.”

RP1 builds on RPO’s validated open-source robot body and workflow, Romomo actuator modules and the dexterous RP Hand, with PartyOS evolving across humanoid locomotion, perceptual interaction, whole-body manipulation and autonomous intelligent humanoids.

Core team members studied at Tsinghua University’s Yao Class, Peking University’s Zhi Class, Harbin Institute of Technology, Stanford University, Carnegie Mellon University, Zhejiang University and other leading institutions. RoboParty has built a global community of more than 5,000 developers, and will announce further details of RP1’s open-source roadmap in October 2026, with broader software and hardware releases and a mass-production program to follow later in Q4.

Media Contact: marketing@roboparty.com 

GitHub: https://github.com/Roboparty/roboto_origin

Website: https://roboparty.com/

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SOURCE RoboParty

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