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Hyde Park Capital Advises DevRefactory on its Sale to Capacity

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TAMPA, Fla., April 28, 2026 /PRNewswire/ — Hyde Park Capital announced today that its client, DevRefactory, a leading customer experience software platform specializing in omnichannel journey orchestration, embedded middleware, and integrated managed services, has been acquired by Capacity. Hyde Park Capital served as the exclusive investment banker to DevRefactory for this transaction. Shumaker, Loop & Kendrick served as legal counsel to DevRefactory.

DevRefactory’s platform orchestrates customer interactions across voice, chat, web, and social channels, enabling seamless transitions while preserving context. It centralizes knowledge, powers self-service and chatbot experiences, and streamlines engagement across the customer lifecycle. These capabilities are complemented by a specialized managed services team supporting implementation, optimization, and ongoing performance improvement.

Marcus Alexander, CFO and Head of Corporate Development at Capacity, stated, “The DevRefactory team have built an incredible business in the telecom space and this acquisition allows us to scale that innovation across the entire Capacity platform. Together, we’re accelerating a future where contact centers can unify their customer interactions, reduce costs and deliver consistently better experiences, without the complexity of fragmented tools.”

James Ramey, Co-Founder and Managing Partner of DevRefactory, commented, “After rapidly establishing Refactory as a leader in AI enablement—delivering enterprise-grade solutions to Fortune 50 organizations—we are excited to announce that Refactory has been acquired by Capacity AI. This partnership will expand our ability to deliver true omnichannel AI experiences at scale, leveraging Capacity AI’s platform and reach across more than 20,000 customers worldwide.”

Ramey continued, “Following strong inbound acquisition interest, we partnered with Hyde Park Capital as our exclusive financial advisor to evaluate strategic opportunities. Their team brought exceptional focus, deep alignment with our vision, and a disciplined process that prioritized both enterprise impact and employee value. Hyde Park Capital curated a highly complementary group of potential partners and guided us through a transaction that positions our team and technology for long-term success. Together, we selected Capacity AI as the ideal partner to accelerate our mission and extend the reach of Refactory’s platform globally. We are incredibly grateful to the Hyde Park Capital team and the Capacity AI team for their partnership throughout this process, and we are excited for the next chapter as part of Capacity AI.”

Michael Johnson, Managing Director at Hyde Park Capital, reflected on the transaction, “It has been a privilege to advise JC, Brian, and Dustin, the founders of DevRefactory, throughout this process. From day one, it was clear that they built something truly differentiated, a platform rooted in deep technical expertise and a genuine passion for reimagining how enterprises engage with their customers. DevRefactory’s capabilities are a natural fit within Capacity’s platform, and we are excited to see the impact this combination will have for their clients and the broader customer experience market.”

Trevor Mumford, Vice President at Hyde Park Capital, added, “It was genuinely refreshing to work with a founding team that has been close friends since high school and has spent years building technology together. Working alongside entrepreneurs who combine that kind of personal conviction with serious technical innovation makes for a truly rewarding engagement. We’re proud of the outcome and confident Capacity is the right home to take DevRefactory’s mission to the next level.”

About DevRefactory

Founded in 2020, DevRefactory is a customer experience software platform that enables enterprises to deliver seamlessly connected, omnichannel customer journeys at scale. Through its OCX (Omnichannel Customer Experience) suite, DevRefactory provides embedded middleware, managed services, and practical AI frameworks that orchestrate engagement across voice, web chat, SMS, mobile apps, email, and social media. The Company’s solutions empower customers to interact on their own terms while eliminating the complexity of managing disparate channel technologies independently. Partnering with leading platforms, DevRefactory serves as an innovation accelerator, helping enterprises prove value rapidly and integrate modern omnichannel capabilities into their existing ecosystems. For additional information, please visit www.refactory.dev.

About Capacity

Founded in 2017, Capacity is an AI-powered support automation platform that gives organizations the capacity to do more with less. Its unified platform combines intelligent virtual agents, conversational AI, agent assist and live support tools, campaigns and workflow automation, and advanced analytics, enabling businesses to automate customer inquiries, reduce handle times, and drive consistent, high-quality experiences across every channel, including voice, chat, email, SMS, and web. Trusted by more than 20,000 organizations and powering over 36 billion automated interactions, Capacity serves leading brands across financial services, healthcare, retail, education, insurance, and more. With over 250 pre-built integrations and enterprise-grade security, Capacity delivers seamless deployment into existing technology ecosystems. Proudly headquartered in St. Louis, Missouri, Capacity is part of the Equity.com incubator. For additional information, please visit https://capacity.com/main.

About Hyde Park Capital

Hyde Park Capital is a boutique investment banking firm specializing in mergers and acquisitions of successful founder and family-owned companies. Hyde Park Capital’s principals have extensive investment banking experience, including managing sell-side and buy-side transactions, recapitalizations, financial advisory assignments, fairness opinions, raising growth and acquisition capital for companies, including equity, mezzanine, senior debt, and project finance. Hyde Park Capital has bankers who specialize in numerous industry sectors, including healthcare, industrials, business services, technology, consumer, and cleantech/power finance particularly in connection with data centers. This transaction represents another successful engagement closed by Hyde Park Capital within the technology sector. Hyde Park Capital is headquartered in Tampa, Florida, with additional offices in Nashville, Tennessee, and San Francisco, California, and is a member of FINRA and SIPC. For additional information, please visit www.hydeparkcapital.com.

Media Contacts:

Michael Johnson

Managing Director

johnson@hydeparkcapital.com

813-769-3284

Trevor Mumford

Vice President

mumford@hydeparkcapital.com

813-209-9071

 

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SOURCE Hyde Park Capital

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Lam Research Announces Retirement of Michael R. Cannon and Sohail U. Ahmed from Board of Directors

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FREMONT, Calif., Aug. 27, 2026 /PRNewswire/ — Lam Research Corp. (NASDAQ: LRCX) today announced that Michael (“Mike”) R. Cannon and Sohail U. Ahmed have informed the company of their respective decisions to retire from Lam’s Board of Directors, effective November 2, 2026, following years of leadership.

“Mike’s deep expertise in executive leadership and his passion for innovation have been invaluable in guiding Lam through strategic geographic growth and expanding its technology leadership in deposition, etch and advanced packaging,” said Abhi Talwalkar, chair of the board at Lam Research. “Sohail’s deep industry experience and understanding of silicon logic and semiconductor processing equipment technologies have been assets to our board. We thank Mike and Sohail for their dedication and many significant contributions and wish them well in their retirements.”

Joining the Lam Board of Directors in 2011, Cannon retires after a career spanning more than 40 years of transformational leadership and innovation in several technology industries.

Most recently, Cannon held senior advisory and board roles providing guidance to technology companies on global strategy, business transformation, and operational excellence. At Seagate Technology Holdings, plc, he served on the board for fifteen years including five years as the lead independent director and five years as the board Chairman. Seagate recently announced that he will retire from the board later this year. He has also served on the boards of Dialog Semiconductor plc from 2013 until its sale to Renesas Electronics in 2021, and previously was on the board of Adobe Systems for 13 years.

Previously, Cannon held CEO and other executive leadership positions at top technology companies, most recently as the President of Global Operations at Dell Technologies leading the worldwide transformation of operations, supply chain and logistics functions. Prior to Dell, he was president and CEO of Solectron, a global electronics manufacturing services (EMS) provider, where he led the company through a major transformation, including a comprehensive restructuring plan resulting in an increased focus on design services. Previously he was CEO of Maxtor Corporation, a disk drive technology leader, for seven years including a successful IPO in 1998 and the company’s acquisition by Seagate in 2006. Cannon also held several senior leadership positions at IBM, including Vice President of the Personal Storage Systems Division, with P&L responsibility for disk drive and storage solutions products. Earlier in his career, he worked as a mechanical engineer in the R&D organization of Boeing and was named an Inventor of the Year in 1983.

Joining the Lam Board of Directors in 2019, Ahmed was formerly senior vice president and general manager of the Technology and Manufacturing Group at Intel Corporation, a leading producer of microchips, computing and communications products, where he was responsible for overseeing the research, development and deployment of next-generation silicon logic technologies for the production of future Intel microprocessors. He held that position from 2015 to 2018. Immediately prior to that, he was corporate vice president and general manager, Logic Technology Department, at Intel from 2004 to January 2015. Ahmed joined Intel in 1984, working as a process engineer, and held progressive technical and management positions in logic process development.

About Lam Research
Lam Research Corporation (NASDAQ: LRCX) is a global supplier of innovative wafer fabrication equipment and services to the semiconductor industry. Lam’s equipment and services allow customers to build smaller and better performing devices. In fact, today, nearly every advanced chip is built with Lam technology. We combine superior systems engineering, technology leadership, and a strong values-based culture, with an unwavering commitment to our customers. Lam Research is a FORTUNE 500® company headquartered in Fremont, California, with operations around the globe. Learn more at www.lamresearch.com

Company Contacts

Laura Bakken
Public Relations
(510) 572-9021
publicrelations@lamresearch.com 

Ram Ganesh
Investor Relations
(510) 572-1615
investor.relations@lamresearch.com

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SOURCE Lam Research Corporation

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Notice of Data Privacy Incident

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Psychiatry of Texas PLLC

HOUSTON, Aug. 27, 2026 /PRNewswire/ — Psychiatry of Texas PLLC writes to notify you of a data privacy event that involved protected health information (PHI).

What Happened? On March 31, 2026, we learned of an anomaly on our network and launched an immediate investigation. We engaged cybersecurity specialists to assist us in our investigation. Ultimately, we determined that our company experienced a data privacy event involving unauthorized access to our systems on March 31, 2026. On that date, we believe PHI belonging to certain of our patients, as well as patients of healthcare providers we support, was acquired.

What Information Was Involved? The information involved varied by individual but may have included first and last name along with a Social Security number, date of birth, medical diagnosis or treatment information, health insurance information, and electronic identification or account number, username, email address, a parent’s premarital surname, or password.

Individuals whose information was involved and for whom we had address information were provided written notice on August 27, 2026.

What We Are Doing. We investigated this matter to determine whether any PHI was involved and, if so, to whom it related. As an added precaution, we are offering complimentary credit monitoring and identity protection services, free of charge, to individuals whose Social Security numbers were involved through HaystackID.

What Involved Individuals Can Do. Generally, it is best practice to remain vigilant for incidents of identity theft and fraud, from any source, by reviewing and monitoring your account statements and credit reports for suspicious activity and errors. If you discover any suspicious or unusual activity on your accounts, promptly contact your financial institution or service provider.

Individuals can further educate themselves regarding identity theft, fraud alerts, credit freezes, and the steps to take to protect personal information by contacting the credit reporting bureaus, the Federal Trade Commission (FTC), or state Attorneys General. The FTC also encourages those who discover that their information has been misused to file a complaint with them. The FTC may be reached at 600 Pennsylvania Ave. NW, Washington, D.C. 20580; www.identitytheft.gov; 1-877-ID-THEFT (1-877-438-4338); and TTY: 1-866-653-4261.

For More Information. If you would like to learn whether your protected health information may be included in the event, please contact our dedicated assistance line at 855-205-9558 (toll free) Monday through Friday, 9:00 a.m. – 9:00 p.m. Eastern Standard Time, excluding major U.S. holidays.

Contact: Matthew Smith, matthew.smith@kennedyslaw.com 

View original content:https://www.prnewswire.com/news-releases/notice-of-data-privacy-incident-302862348.html

SOURCE Kennedys CMK LLP

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INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Alphabet Inc. – GOOG

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NEW YORK, Aug. 27, 2026 /PRNewswire/ — Pomerantz LLP is investigating claims on behalf of investors of Alphabet Inc. (“Alphabet” or the “Company”) (NASDAQ: GOOG). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980.

The investigation concerns whether Alphabet and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

[Click here for information about joining the class action]

On July 16, 2026, Bloomberg reported that Alphabet’s Google is “months behind schedule on delivering Gemini 3.5 Pro, its most powerful flagship AI model” due to the Company’s ongoing coding efforts. Specifically, “[l]ate last month, Google updated the data being used to train Gemini in an attempt to improve [its] skills, but the results were disappointing.” 

On this news, Alphabet’s stock price fell $16.40 per share, or 4.4%, to close at $353.81 per share on July 16, 2026. 

Then, on July 22, 2026, Alphabet released its second quarter 2026 financial results, announcing, among other things, a significant expansion of expected full year 2026 capital expenditures to $195 billion to $205 billion. The Company also disclosed that, for the quarter, it had a negative free cash flow of $5.9 billion. Alphabet further disclosed that “given the supply constrained environment, we plan to expand the use of third-party capacity in Q3 as a bridging strategy,” which “will create modest margin pressure in the near term.” 

On this news, Alphabet’s stock price fell $23.57 per share, or 6.89%, to close at $318.34 per share on July 23, 2026.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.

Attorney advertising. Prior results do not guarantee similar outcomes. 

CONTACT:
Danielle Peyton
Pomerantz LLP
dpeyton@pomlaw.com
646-581-9980 ext. 7980

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SOURCE Pomerantz LLP

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