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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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SafeGuard Privacy Wins Second AdExchanger Award for Best Privacy Technology

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SafeGuard Privacy has won the 2026 AdExchanger Award for Best Privacy Technology, its second win in the category and fourth straight year as a finalist. The award recognizes its role as the infrastructure behind privacy diligence in digital advertising, from powering the IAB Diligence Platform to bringing privacy diligence into IAB Tech Lab’s agentic buying specs.

NEW YORK, Oct. 3, 2026 /PRNewswire-PRWeb/ — SafeGuard Privacy has won the 2026 AdExchanger Award for Best Privacy Technology, its second win in the category and its fourth consecutive year as a finalist. The award recognizes SafeGuard Privacy’s work as the infrastructure behind privacy diligence in digital advertising, including the IAB Diligence Platform and privacy diligence built into IAB Tech Lab’s agentic buying specs.

“When we started SafeGuard Privacy, the industry handled privacy diligence with spreadsheets and hope. Now it runs through a shared standard. As AI agents start buying media, diligence has to move at machine speed without losing its legal rigor.” Richy Glassberg, CEO, SafeGuard Privacy

“When we started SafeGuard Privacy, the industry handled privacy diligence with spreadsheets and hope,” said Richy Glassberg, CEO and Co-Founder of SafeGuard Privacy. “Now it runs through a shared standard, inside the IAB Diligence Platform and the Tech Lab’s agentic buying specs. Seeing AdExchanger recognize that shift, for the second time, means a lot. The next shift is already here. As AI agents start buying media on behalf of brands, diligence has to move at machine speed without losing its legal rigor. That’s what we’re building now, and I’m proud of the team doing it.”

Glassberg brings more than three decades of experience across media, advertising, technology, and privacy, including as a member of the founding team of CNN.com and a co-founder of the Interactive Advertising Bureau.

Highlights:

Industry standard: The IAB chose SafeGuard Privacy to power the IAB Diligence Platform and built the standardized assessments behind it.Agentic advertising: SafeGuard Privacy is integrated into IAB Tech Lab’s AAMP 2.3, bringing privacy diligence into the Buyer Agent as media buying moves to AI agents.International expansion: The IAB Diligence Platform expanded to Europe through work with BVDW and Nexida in Germany, including certification for the German market.Legal AI: Privacy Assist™ is purpose-built AI for privacy diligence. It suggests assessment answers, drafts RFI responses, and searches across vendors, assessments, and privacy law, turning days of work into minutes.Legal depth: Assessments cover 24+ U.S. states and global privacy requirements, built around how data moves through advertising.Adoption: A thousand companies are on the SafeGuard Privacy platform, including major advertisers, top agency holding companies, and ad tech companies that span the breadth of the industry.Recognition: SafeGuard Privacy has won AdExchanger’s Best Privacy Technology award twice and has been a finalist four consecutive years.

“Establishing a consistent approach to privacy diligence is critical to building greater accountability across digital advertising,” said Michael Hahn, EVP & General Counsel, IAB. “Our work with SafeGuard Privacy on the IAB Diligence Platform has helped make privacy compliance and vendor due diligence more standardized and scalable across the industry. Congratulations to Richy and the entire SafeGuard Privacy team on this well-deserved recognition and their continued commitment to advancing privacy standards.”

SafeGuard Privacy continues to build software that addresses the practical challenges companies face as advertising technology, data use, and privacy requirements become more complex.

“SafeGuard Privacy has helped us make our diligence efforts more efficient and standardized across partners. The ability to easily share assessments and the integration with the IAB Diligence Platform has helped set an industry standard and support our compliance efforts. The new agentic tools only help advance those efforts, and we are excited to leverage them,” said Rachel Glasser, Chief Privacy Officer, Magnite.

As privacy diligence becomes a more fundamental part of how the advertising ecosystem operates, SafeGuard Privacy will continue investing in the standards, software and legal expertise that make it possible to do that work at scale. From the IAB Diligence Platform to the next generation of agentic advertising, the company is focused on building privacy infrastructure that can keep pace with how the industry operates – and how it continues to evolve.

About SafeGuard Privacy

SafeGuard Privacy is the only privacy compliance solution purpose-built for companies that use consumer data. It is the first legal assessment and vendor management platform for leading global brands, publishers, and Ad Tech. The IAB chose SafeGuard Privacy to power the IAB Diligence Platform, creating the industry standard for privacy regulation compliance and vendor due diligence. Standardized, comprehensive, and fully auditable, SafeGuard Privacy now includes Privacy Assist™, the first suite of privacy-specific AI tools that helps compliance and legal teams complete assessments and RFIs faster with transparency and accuracy. SafeGuard Privacy makes it easy for buyers and sellers to accelerate growth while staying ahead of fast-changing privacy risks.

For more information, visit www.safeguardprivacy.com.

Media Contact

Matt Anderson, SafeGuard Privacy, 1 9174074047, matt@safeguardprivacy.com, www.safeguardprivacy.com

Lana McGilvray, Purpose Worldwide, 1 512.970.8310, lana@purposenorthamerica.com, https://www.purposenorthamerica.com/

View original content:https://www.prweb.com/releases/safeguard-privacy-wins-second-adexchanger-award-for-best-privacy-technology-302897501.html

SOURCE SafeGuard Privacy

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ARTBOX, KOREA’S ICONIC LIFESTYLE RETAILER, MAKES U.S. DEBUT WITH LOS ANGELES POP-UP FEATURING GLOBAL K-POP ICON ILLIT

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The Korean retailer, founded in 1984, will open its first U.S. retail activation on Melrose Avenue from October 3–11, marking the first step in ARTBOX’s broader American expansion

LOS ANGELES, Oct. 3, 2026 /PRNewswire/ — ARTBOX, Korea’s original design-lifestyle retail brand, is officially coming to America. From October 3 through October 11, 2026, the beloved Korean retailer will take over 8250 Melrose Avenue, Los Angeles, CA 90046 for its first directly operated U.S. retail activation, introducing American consumers to the products, original characters and sense of discovery that have made ARTBOX a retail destination across South Korea.

Kicking off the nine-day pop-up on October 3, ARTBOX will celebrate its U.S. arrival alongside the global K-pop group and ARTBOX ambassador ILLIT — YUNAH, MINJU, WONHEE, IROHA— bringing K-pop and Korean lifestyle together with ARTBOX’s world of original characters and products on Melrose Avenue. The partnership brings together two Korean names with strong Gen Z audiences, introducing ARTBOX and its distinctly Korean approach to lifestyle retail to U.S. consumers.

The October 3 opening celebration will feature a special appearance by ARTBOX global ambassador ILLIT, who will join the opening remarks and photo call, meet with selected media, and experience the pop-up firsthand through a store tour and DIY decorating activity.

Following the opening celebration, consumers will be invited to step inside the ARTBOX universe through a series of immersive zones combining shopping, original character IP, K-culture and interactive experiences. The current pop-up design includes:

Step Into the Fun Side: An immersive entrance welcoming guests into the ARTBOX world, anchored by oversized ARTBOX characters — including alien character Lazywag — and visual content.Meet the ARTBOX Gang: A dedicated character and IP experience showcasing ARTBOX’s original characters alongside character merchandise, collectibles, stationery and accessories.Immerse in the K-Fever / Unbox the K-Wave: A K-culture experience featuring ILLIT, K-pop and interactive photo moments, connecting ARTBOX’s Korean roots with the global cultural phenomenon surrounding Korean entertainment.DIY at the Cute Custom Corner: A hands-on customization experience inspired by Korea’s decorating culture, with opportunities to personalize items such as journals, phones and accessories.Take Your Treats Home: A shoppable finale featuring ARTBOX products alongside an exciting Gacha experience.

More than a traditional shopping experience, the pop-up is designed as a roughly 40–45 minute journey through ARTBOX’s world of original characters, interactive moments, constantly refreshed products and highly visual spaces.

FROM SEOUL TO LOS ANGELES

Founded in Seoul in 1984, ARTBOX began with a simple premise: everyday objects should never have to be ordinary. What started as a design-led stationery business has evolved over four decades into a major Korean lifestyle retail destination, spanning 222 stores across South Korea and more than 20,000 active SKUs.

Today, ARTBOX extends far beyond stationery, bringing together eight lifestyle categories encompassing character goods and K-culture, stationery and writing, home and living, beauty and wellness, fashion and travel, gifts and seasonal products, digital and mobile accessories, and food and snacks. At the center of the brand are its original character IPs, which extend across products, collectibles, retail experiences, collaborations, licensing and social storytelling. Together, this mix of design, curation, character and culture gives ARTBOX broad appeal across Gen Z and Millennials, families, tourists and K-culture audiences.

Now, ARTBOX is looking beyond Korea.

Los Angeles marks ARTBOX’s first step into the U.S. market, with Southern California serving as the first phase of the retailer’s broader expansion plans. The Melrose pop-up will introduce American consumers to ARTBOX’s retail model, products and in-store experience firsthand.

The move comes as Korean culture continues to shape entertainment, beauty, fashion, food and lifestyle globally, creating an opportunity for ARTBOX to introduce another side of Korean culture to U.S. consumers.

“Los Angeles is a natural starting point for ARTBOX’s U.S. journey, bringing together culture, creativity and diverse communities,” said Kevin Cho, Head of Global Business at ARTBOX. “This pop-up marks an exciting first step as we introduce ARTBOX’s unique take on Korean lifestyle retail to U.S. consumers.” 

The Los Angeles pop-up will also give ARTBOX an opportunity to introduce the brand directly to U.S. consumers as it explores a longer-term footprint in the market. The company is actively exploring long-term retail opportunities with landlords and development partners in the United States.

The ARTBOX Los Angeles Pop-Up will run October 3–11, 2026 at 8250 Melrose Avenue, Los Angeles, CA 90046, with public hours from 4:30 PM–8:30 PM on October 3 and 11:00 AM–7:00 PM from October 4–11.

For more information, visit
https://www.instagram.com/artbox.global_official
https://www.tiktok.com/@artbox.global_official
https://www.youtube.com/@artbox_official 

ABOUT ARTBOX
Founded in Seoul in 1984, ARTBOX is Korea’s original design-lifestyle retail brand, transforming everyday objects into experiences people want to discover, collect and share. With 222 stores across South Korea, ARTBOX brings together stationery and writing, home and living, beauty and wellness, character goods and K-culture, fashion and travel, digital and mobile accessories, gifts and seasonal products, and food and snacks through a constantly evolving mix of original design, curation and culture. Built around more than four decades of product development, retail operations and design expertise, ARTBOX creates discovery-driven retail experiences where consumers can shop, explore, play and share.

MEDIA CONTACT
Foundation
artbox@wearefoundation.co

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SOURCE ARTBOX

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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.

***

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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