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Facilitron Introduces New Product: Facilitron DevFees™

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Seeking to transform developer fee management across the U.S., Facilitron launches new innovative online portal with California’s 2nd largest school district, San Diego Unified

LOS GATOS, Calif., June 18, 2024 /PRNewswire/ — Continuing to innovate and expand the capabilities of its data-driven facility management platform, Facilitron has announced the launch of a new portal to streamline and transform the developer fee compliance process. Benefitting both developers and administrators, Facilitron DevFees™ promises enhanced efficiency, transparency and accessibility, minimizing wasted manual effort and ensuring timely and accurate fee collection and permitting. 

Also known as impact fees, developer fees are one-time charges expensed to developers to help fund capital improvements associated with community growth. Though these fees often focus on funding infrastructure improvements such as roads or wastewater treatment, in some states schools also benefit from developer fees levied by governments on their behalf to finance the construction or renovation of school facilities required to meet education demands. These fees, which may be paid directly to the school districts themselves, are an important source of funding for school facilities. 

Though districts must conduct periodic justification studies to receive the funding, Facilitron estimates that school districts in California alone could collect well over $2-billion in developer fees based on Level 1 mitigation rates for residential and commercial development in 2024.

The fee collection and permitting process itself, however, is exceedingly time-consuming and burdensome for both school districts and developers. School districts are required to staff an office with published hours of operation for receiving and processing applications, and developers, who may include do-it-yourself homeowners unfamiliar with the permitting process, must physically travel to this location at the appointed hours to submit an application and receive an estimate of cost. If a payment is not made upon receipt of the estimate, then the applicant may be required to return to the location at another time to make a payment.

Faced with these issues, California’s 2nd largest school district and longtime partner for its facility rentals, San Diego Unified approached Facilitron about developing a new one-of-a-kind solution which would enhance the platform and revamp its school impact fee management. 

“Initial reaction from both school district administrators and community developers has been very positive,” says Facilitron CEO Jeff Benjamin. “Since our launch in January, we’ve already had hundreds of compliance certificates issued and over a thousand applications processed.” Facilitron’s easy-to-use online portal enables developers and administrators to more quickly and efficiently register development projects, collect fees and issue compliance certificates. Facilitron’s solution allows developers to easily create and submit project details from anywhere by mobile phone or laptop. Facilitron’s AI-powered application review analyzes project details and alerts applicants and administrators if any issues are detected with the submitted materials. Built-in tools accurately calculate fees based on uploaded specifications, and developers can securely pay fees online rather than in-person. Once fees are processed, administrators can verify and approve applications and instantly issue compliance and permitting documents.

“We now look forward to expanding this new product launch to schools and cities across the country,” Benjamin continued. “We’re also exploring how its capabilities can benefit fee management and collection in other industries.”

About Facilitron:
Headquartered in Los Gatos, California, Facilitron is a comprehensive and data-driven facilities management platform and public spaces rental marketplace with a mission to help operators like schools and cities meet community space rental needs in a more effective way. By integrating work orders, facility use scheduling and the leasing process of facilities and public/private spaces into one singular system-of-record, Facilitron allows operators like public schools to showcase and monetize their spaces, keeping them safe and secure while also funding their upkeep, maintenance and staffing. As the world’s largest public spaces marketplace, with more than 10,000 schools across 31 states and billions of square feet of facility space on its platform, Facilitron has processed and supported millions of community events since its founding in 2014. Beyond simply providing software and marketplace capabilities, Facilitron provides its partners with valuable business and financial services and serves as an advisory partner to train and support administrators and develop customized facility management programs, generating millions of dollars in additional revenue for the schools and other public space operators while better serving community needs.

For more information visit: facilitron.com
Contact: Mercer Brockenbrough
(706) 540-6258
mercer@facilitron.com

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SOURCE Facilitron

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XLCS Partners advises Concurrent Utility Services on sale to UniTek Global Services

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July 23, 2026

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NASHVILLE, Tenn., July 23, 2026 /PRNewswire/ — XLCS Partners, Inc., a leading middle market investment bank, is pleased to announce that it served as exclusive M&A advisor to Concurrent Utility Services LLC on its acquisition by UniTek Global Services, Inc., a portfolio company of New Mountain Finance Corporation (Nasdaq: NMFC) and its affiliates, and BTG Pactual Strategic Capital.

Headquartered in Miami, Florida, Concurrent is a licensed general and electrical contractor providing infrastructure development and maintenance services to electric utilities, telecom providers, and land developers throughout the Southeast United States. The company’s capabilities span overhead and underground utility construction, professional telecom services, emergency service restoration, in-building networks, environmental services, and data center development. Backed by a safety-first culture and an experienced workforce, Concurrent has built a strong regional platform and a reputation for quality across the markets it serves.

UniTek is a leading digital infrastructure services provider supporting the expansion of fiber and data center connectivity across the U.S. and Canada. With over 600 employees and 60 locations, UniTek delivers a full suite of infrastructure services. The acquisition of Concurrent accelerates UniTek’s Power Services Division, which launched in July 2025 to broaden the company’s maintenance, repair, upgrade, and new infrastructure development services for the power sector. Concurrent’s established Southeast footprint and power capabilities directly complement UniTek’s existing broadband and data center infrastructure platform, positioning the combined company to capitalize on growing demand for resilient, modernized power infrastructure. Concurrent will continue to operate under its established brand, maintaining uninterrupted service for its customers.

“Selling Concurrent was one of the biggest decisions of my career, and Anthony, Jay, and the XLCS team guided us through every step with professionalism and genuine care for our people,” said Steve Sarno, CEO of Concurrent. “They stayed fully engaged throughout, gave us honest and thoughtful advice, kept our best interests front and center, and delivered an outcome that exceeded our expectations. I would recommend them without hesitation to any owner considering a transaction.”

XLCS acted as the exclusive M&A advisor to Concurrent, and the transaction was led by Anthony Contaldo, Partner, and Jay Cremer, Vice President. The transaction was completed on July 1, 2026.

About XLCS Partners, Inc.

XLCS Partners is a leading global investment banking firm providing M&A advisory services. Visit www.xlcspartners.com for more information.

Media Contact: 
Kendra Span 
kspan@xlcspartners.com
615-379-7783

View original content to download multimedia:https://www.prnewswire.com/news-releases/xlcs-partners-advises-concurrent-utility-services-on-sale-to-unitek-global-services-302833542.html

SOURCE XLCS Partners, Inc.

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XLCS Partners advises Concurrent Utility Services on sale to UniTek Global Services

Published

12 seconds ago

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July 23, 2026

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NASHVILLE, Tenn., July 23, 2026 /PRNewswire/ — XLCS Partners, Inc., a leading middle market investment bank, is pleased to announce that it served as exclusive M&A advisor to Concurrent Utility Services LLC on its acquisition by UniTek Global Services, Inc., a portfolio company of New Mountain Finance Corporation (Nasdaq: NMFC) and its affiliates, and BTG Pactual Strategic Capital.

Headquartered in Miami, Florida, Concurrent is a licensed general and electrical contractor providing infrastructure development and maintenance services to electric utilities, telecom providers, and land developers throughout the Southeast United States. The company’s capabilities span overhead and underground utility construction, professional telecom services, emergency service restoration, in-building networks, environmental services, and data center development. Backed by a safety-first culture and an experienced workforce, Concurrent has built a strong regional platform and a reputation for quality across the markets it serves.

UniTek is a leading digital infrastructure services provider supporting the expansion of fiber and data center connectivity across the U.S. and Canada. With over 600 employees and 60 locations, UniTek delivers a full suite of infrastructure services. The acquisition of Concurrent accelerates UniTek’s Power Services Division, which launched in July 2025 to broaden the company’s maintenance, repair, upgrade, and new infrastructure development services for the power sector. Concurrent’s established Southeast footprint and power capabilities directly complement UniTek’s existing broadband and data center infrastructure platform, positioning the combined company to capitalize on growing demand for resilient, modernized power infrastructure. Concurrent will continue to operate under its established brand, maintaining uninterrupted service for its customers.

“Selling Concurrent was one of the biggest decisions of my career, and Anthony, Jay, and the XLCS team guided us through every step with professionalism and genuine care for our people,” said Steve Sarno, CEO of Concurrent. “They stayed fully engaged throughout, gave us honest and thoughtful advice, kept our best interests front and center, and delivered an outcome that exceeded our expectations. I would recommend them without hesitation to any owner considering a transaction.”

XLCS acted as the exclusive M&A advisor to Concurrent, and the transaction was led by Anthony Contaldo, Partner, and Jay Cremer, Vice President. The transaction was completed on July 1, 2026.

About XLCS Partners, Inc.

XLCS Partners is a leading global investment banking firm providing M&A advisory services. Visit www.xlcspartners.com for more information.

Media Contact: 
Kendra Span 
kspan@xlcspartners.com
615-379-7783

View original content to download multimedia:https://www.prnewswire.com/news-releases/xlcs-partners-advises-concurrent-utility-services-on-sale-to-unitek-global-services-302833542.html

SOURCE XLCS Partners, Inc.

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Fathom Applauds Introduction of the FRONTIER Act, the First Federal Blueprint for Independent AI Verification

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July 23, 2026

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Reps. Lori Trahan (D-MA-03) and Jay Obernolte (R-CA-23) introduce a bill to build a competitive marketplace of independent verifiers for frontier AI models.

WASHINGTON, July 23, 2026 /PRNewswire/ — Fathom welcomes the introduction of the FRONTIER Act, the most complete federal framework yet for independent, third-party verification of frontier AI. The legislation is built to earn public trust as AI technology continues to accelerate. As frontier systems begin to take autonomous action in the world, the gap between what these models can do and our ability to keep them in check is widening. FRONTIER is the starting point to close that gap.

“AI governance keeps running into the same wall. The technology is hard to measure and it moves faster than any law can keep up with,” said Andrew Freedman, Co-Founder and CEO of Fathom. “Trying to write the perfect rules and freezing them in place won’t work. What will work is a competitive market of independent verifiers who are accountable for real-world outcomes and who the government can actually count on. The FRONTIER Act shows we can move fast and still get this right.”

The bill gets the fundamentals correct. It sets one public standard – the adequate mitigation of catastrophic risk – and holds both the AI companies and their independent verifiers accountable to it. FRONTIER does not freeze a single testing method into statute. Instead, it licenses competing verification organizations, allows them to sharpen their methods, and gives the government the power to revoke a license when a verifier’s work does not hold up in the field. That is how you build a system that keeps pace with the science instead of falling behind it.

Fathom thanks Reps. Trahan and Obernolte for their leadership, and for their courage in releasing a discussion draft, inviting scrutiny, and incorporating substantive improvements from across the field. One priority improvement as the bill advances: giving the government a fuller range of tools to act upstream – for pushing companies to close identified gaps in risk mitigation early, rather than only once a catastrophe is imminent. We are committed to working with these sponsors, committees of jurisdiction, and Congressional leadership to continue refining the bill in the weeks and months ahead.

About Fathom
Fathom is an independent nonprofit whose mission is to build a governance architecture that helps society navigate the transition to a world with AI by fostering trust, safety, and innovation. Fathom has developed and championed the independent verification model for AI and works with policymakers across the country to put it into practice. Learn more at http://fathom.org.

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SOURCE Fathom AI Inc.

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