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Define Capital Acquires Synergy Gateway Verified, Canada’s Leading Compliance and Credential Verification Platform for Post-Secondary Institutions

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TORONTO, Sept. 14, 2026 /CNW/ — Define Capital has finalized the acquisition of Synergy Gateway Verified (SGV), the primary compliance and credential verification platform serving Canada’s post-secondary institutions. The transaction marks a strategic shift in the administrative infrastructure for higher education, where SGV has functioned as a critical utility for more than two decades.

Details regarding the transition and future service offerings are available at https://sgvhub.com/

SGV specializes in managing non-discretionary compliance workflows, ensuring students and institutions meet rigorous regulatory and clinical requirements. By joining Define Capital, the platform will receive increased investment in its technical product suite and go-to-market engine. The acquisition focuses on long-term stewardship rather than short-term exit strategies, positioning the company to scale its reach across North American institutions.

“SGV represents the exact profile of business Define Capital was established to steward,” stated Narbe Alexandrian, Founder and CEO of Define Capital. “This organization has spent two decades embedding itself into essential customer workflows. Our mandate is to preserve the foundations of the business while providing the resources necessary to ensure the next chapter of growth is robust. As permanent owners, we intend to support this team for decades to come.”

The leadership transition sees Shaila Gupta taking the helm as Chief Executive Officer, following a decade of contributions to the company’s development. Under her leadership, the organization aims to scale its reach across Canada and beyond while maintaining its core focus on domain expertise.

“It is an honour to lead a company I have helped build for more than ten years,” Gupta said. “Our team has spent 22 years earning the trust of Canada’s leading colleges and universities, and that trust is something we will continue to protect. Partnering with Define Capital gives us the resources and long-term mindset to invest in our product and serve more institutions without losing sight of what makes SGV work: lasting relationships and a focus on getting compliance right for our customers.”

About Define Capital

Define Capital is a Toronto-based permanent-capital investment firm that acquires and scales profitable B2B vertical market software companies across North America. Founded in 2023 by Narbe Alexandrian, an OMERS Ventures and RIV Capital alum, Define Capital invests with a multi-decade horizon and is not constrained by traditional private equity fund timelines or forced exits. The firm preserves the brand, team, and operating identity of the companies it acquires while investing in product, operations, and long-term growth. Define Capital’s portfolio includes Realtax, OTS, 3terra, and now SGV. Learn more at www.definecapital.ca.

About Synergy Gateway Verified

Founded in 2006, Synergy Gateway Verified is Canada’s leading compliance automation and credential verification software platform for post-secondary institutions. SGV’s “Verified” platform supports more than 40 Canadian colleges and universities, with depth in regulated healthcare programs, by managing the full lifecycle of student compliance, from digital onboarding to documentation through verification, placement readiness, and audit reporting. The platform processes more than two million documents and 100,000 verification transactions each year. Learn more at www.sgvhub.com.

SOURCE Define Capital

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StratusLIVE Introduces Ignite, an Active Intelligence Platform Built for Growing Nonprofits

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AI teammates work within a single constituent record. People approve every send.

CHESAPEAKE, Va., Sept. 14, 2026 /PRNewswire/ — StratusLIVE today introduced Ignite, the Active Intelligence Platform for cause-oriented nonprofits whose missions are growing faster than their teams. Ignite provides CRM, fundraising, finance, marketing, and engagement on a single constituent record and includes AI teammates that research, draft, and flag items that need attention. Staff review and approve; nothing sends until they do.

Most mid-size nonprofits run three to five disconnected systems. The donor records live in one, the gift posts in another, the email tool keeps its own list, and finance closes the month from a spreadsheet. The time spent carrying information between those systems is unpaid staff capacity. StratusLIVE calls it the System Tax, and it built Ignite to remove it.

“Every nonprofit leader we talk to describes the same week: more mission, same team, and hours lost moving data between tools,” said Jim Funari, CEO and founder of StratusLIVE. “Ignite puts the whole relationship on one record and gives the team digital teammates that do the research and the drafting. People stay in charge of every decision. That is the only version of AI a nonprofit can put in front of its board.”

One platform, one record

Ignite CRM, Ignite Fundraising, Ignite Finance, Ignite Marketing, Ignite Engagement, Ignite Partnerships, Ignite Self-Service, and Ignite Design Studio share a single constituent record, so a gift, an event registration, an email reply, and a finance posting all describe the same person. Ignite Finance carries gifts to the ledger with balanced export files for common accounting systems.

AI teammates, with people in charge

Ignite Intelligence brings AI teammates into the same platform. The roster includes Prospect Research, Major Gift, Retention, and Constituent Support teammates. They work from the organization’s own data and inside its workflow, not in a separate tab. Prospect scoring uses evidence-gated bands, and every recommendation carries its sources.

Governance is built in rather than added on: read-only by default, approval gates configured by the organization, and a full audit trail. StratusLIVE maintains a current SOC 2 Type II report, available on request.

“When AI shows up in a discovery call, the first question is never ‘what can it do.’ It is ‘who is accountable for what it does,'” said Debbie Snyder, Chief Revenue Officer at StratusLIVE. “Ignite answers that question the way a board would want it answered.”

About StratusLIVE

StratusLIVE builds nonprofit software. Ignite, the Active Intelligence Platform, connects CRM, fundraising, finance, marketing, engagement, and AI teammates on one constituent record. StratusLIVE 365 serves enterprise nonprofits on Microsoft Dynamics 365. Founded in 2008 and headquartered in Chesapeake, Virginia, StratusLIVE is built by a team that comes mostly from nonprofit work.

Grow Capacity. Raise More. Lead with Intelligence. Learn more at stratuslive.com.

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SOURCE StratusLIVE, LLC

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Lambda Signs White House Ratepayer Protection Pledge, Reinforcing Commitment to Community Benefits & Grid Reliability

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SAN FRANCISCO, Sept. 14, 2026 /PRNewswire/ — Lambda, Inc. (“Lambda”), the Superintelligence Cloud, today announced it has signed the White House Ratepayer Protection Pledge, affirming its commitment to ensuring that the infrastructure supporting America’s artificial intelligence (AI) future delivers meaningful benefits for local communities, while protecting consumers and ratepayers.

The pledge reflects principles that guide Lambda’s approach to infrastructure development. The company incorporates community considerations into project planning from the earliest stages, working directly with local partners to strengthen coordination and support responsible development.

“When developed responsibly, data centers can do more than power the technologies of the future, they can create lasting economic opportunities and investments in the communities where they operate,” said Michel Combes, Chief Executive Officer of Lambda. “But we know that trust is built over time, and companies must demonstrate a facility’s value to a community over time. The Ratepayer Protection Pledge reflects our commitment to ensuring communities benefit from growth while protecting consumers.”

Lambda supports ratepayer protection policies that require data center developers to pay for the power their facilities use. The company also supports expanding generation capacity, strengthening the electric grid, maintaining reliable service and protecting ratepayers as demand for AI infrastructure grows. Lambda also invests in technologies designed to reduce local resource demands.

Learn more about Lambda’s commitment to responsible AI infrastructure development here.

About Lambda

Lambda, the Superintelligence Cloud, is a leader in AI cloud infrastructure serving tens of thousands of customers. Founded in 2012 by published machine learning engineers, Lambda builds supercomputers for AI training and inference. Our customers range from AI researchers to enterprises and hyperscalers. Lambda’s mission is to make compute as ubiquitous as electricity and give everyone the power of superintelligence. One person, one GPU.

Forward-Looking Statements

This press release contains forward-looking statements that relate to future events or performance. These statements reflect Lambda’s current expectations and are not guarantees of future results. Words such as “anticipate,” “believe,” “continue,” “estimate,” “expect,” “future,” “intend,” “plan,” and “will,” or similar expressions, are intended to identify forward-looking statements. These are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied. Actual events or results may differ materially due to known and unknown risks and uncertainties, many of which are beyond Lambda’s control. Lambda undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

View original content to download multimedia:https://www.prnewswire.com/news-releases/lambda-signs-white-house-ratepayer-protection-pledge-reinforcing-commitment-to-community-benefits–grid-reliability-302878041.html

SOURCE Lambda

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IGT Appoints Adam Chibib as Chief Financial Officer to Advance Its Financial and Operational Transformation

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Seasoned public company and gaming executive brings a proven record of operating discipline, strategic transactions and value creation

LAS VEGAS, Sept. 14, 2026 /PRNewswire/ — IGT today announced the appointment of Adam Chibib as Chief Financial Officer, effective November 1, 2026, subject to receipt of all required regulatory approvals. Chibib will succeed Fabio Celadon, who will remain CFO through October 31 and then serve as an advisor through December 31, 2026, to support a smooth transition.

Chibib brings more than three decades of financial and operational leadership across public companies, private equity backed businesses and high growth technology organizations, contributing to six successful exits. Most recently, he served as Chief Financial Officer of Raptor Technologies, which was acquired by Warburg Pincus in January 2026 following a significant transformation under the ownership of Thoma Bravo and JMI Equity.

His gaming experience includes serving as President and Chief Financial Officer of Multimedia Games, where he helped double revenue, triple profitability and increase the company’s market capitalization from approximately $47 million to more than $1 billion before its $1.2 billion acquisition. He later served as Chairman of the Board and Chair of the Audit Committee of playAGS through its acquisition in 2025. His earlier experience includes financial leadership roles at Self Financial, NetSpend and several technology companies.

“Adam brings the public company, private equity and gaming experience we need for this stage of IGT’s transformation,” said Hector Fernandez, Chief Executive Officer of IGT. “His financial discipline and operating mindset will be important as we sharpen execution and strengthen cash flow creation. I also want to thank Fabio for more than two decades of leadership and commitment to IGT. He has helped guide the company through significant change and has been a trusted partner across the business.”

“IGT has a strong portfolio, leading market positions and a clear opportunity to create value,” said Adam Chibib, incoming Chief Financial Officer of IGT. “I look forward to working with Hector, the leadership team and the Finance organization to strengthen financial and operating discipline, align capital with our highest priorities and build a durable foundation for growth.”

IGT is executing a transformation focused on operating discipline, portfolio performance and cash flow creation across its Gaming, Digital and FinTech businesses. As Chief Financial Officer, Chibib will lead the company’s global Finance organization and help align financial strategy, capital priorities and business execution to support IGT’s long-term objectives.

Celadon’s career with IGT and its predecessor companies spans more than two decades. Since becoming Chief Financial Officer of Lottomatica S.p.A. in 2002, he has served in senior leadership roles across finance, strategy, corporate development and international operations in Europe, North America and Asia. Throughout his tenure, he has helped guide the company through periods of significant change.

About IGT
IGT is a leading global provider of gaming, digital and financial technology solutions, formed through the combination of International Game Technology PLC’s Gaming & Digital Business and Everi Holdings Inc. IGT and Everi’s offering spans gaming machines, game content and systems, iGaming, sports betting, cash access, loyalty and player engagement solutions, enabling it to deliver integrated, customer-centric experiences across land-based and digital environments. Organized into Gaming, Digital and FinTech business units, the organization drives innovation, efficiency and value for casino, digital and hospitality operators worldwide. The company is headquartered in Las Vegas.

Media contact
Phil O’Shaughnessy, Global Communications
U.S. and Canada: +1 (844) IGT-7452
Outside U.S. and Canada: +1 (775) 448-0257

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/igt-appoints-adam-chibib-as-chief-financial-officer-to-advance-its-financial-and-operational-transformation-302877950.html

SOURCE IGT

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