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Kent Road Capital Establishes Bloor Street Flexibles and Announces Inaugural Acquisition
TORONTO--(BUSINESS WIRE)--Kent Road Capital (“KRC”) today announced the establishment of Bloor Street Flexibles, a new platform company dedicated to the flexible packaging sector. In conjunction with the platform’s launch, Bloor Street Flexibles has completed its inaugural acquisition of a leading manufacturer of sustainable and innovative flexible films serving the food & beverage, agriculture, and industrial markets across the U.S. and Canada. Bloor Street Flexibles was formed in partners...
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Nexus Partners With Transition Equity Partners to Advance Buildout of Data Center Campuses
THE WOODLANDS, Texas--(BUSINESS WIRE)--Nexus Data Centers, LLC (Nexus) is pleased to announce the closing of a large strategic equity investment from Transition Equity Partners, LLC (TEP). This investment will accelerate the development of Gigawatt scale data center campuses across the United States, to meet the surging demand of hyperscale needs. Nexus is revolutionizing the hyperscale market, focused on delivering future-proof and sustainable campuses at an accelerated speed, which will be ac...
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Industrial Logistics Properties Trust Appoints Yael Duffy as a Managing Trustee and President and Chief Executive Officer Effective January 1, 2026
NEWTON, Mass.--(BUSINESS WIRE)--Industrial Logistics Properties Trust (Nasdaq: ILPT) today announced that Yael Duffy has been appointed as a Managing Trustee and President and Chief Executive Officer of ILPT, effective January 1, 2026. Ms. Duffy has been President of ILPT since April 2022 and its Chief Operating Officer since May 2020. Ms. Duffy is also an Executive Vice President of The RMR Group (Nasdaq: RMR), responsible for overseeing asset management, leasing and property management functi...
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Delphia Therapeutics Appoints Leading Cancer Expert Steve Kelsey, M.D., to Board of Directors
CAMBRIDGE, Mass.--(BUSINESS WIRE)--Delphia Therapeutics, Inc. (Delphia), a biopharmaceutical company pioneering an innovative new area of cancer biology – activation lethality – which targets cancer's surprising vulnerability to oncogene overactivation, today announced the appointment of Stephen (Steve) Kelsey, M.D., MB ChB, FRCP, FRCPath to its board of directors. Dr. Kelsey is a highly-accomplished physician-scientist, oncologist and cancer drug developer and currently serves as president, re...
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Haven Energy Raises $40M to Build the Future of Distributed Power
LOS ANGELES--(BUSINESS WIRE)--Haven Energy, an energy tech company leading the rebuild of America’s grid infrastructure through the deployment and aggregation of distributed energy resources, today announced a $40 million raise, consisting of an equity round led by Giant Ventures and a debt facility provided by Turtle Hill, with additional equity participation from California Infrastructure Bank, Carnrite Ventures, Chaac Ventures, Comcast Ventures, and Lerer Hippeau. The new funding will accele...
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EJF Capital Announces Completion of Construction at The Bellevue, a 361-Unit Multifamily Community in Hyattsville, Maryland
ARLINGTON, Va.--(BUSINESS WIRE)--EJF Capital LLC (“EJF Capital” or the “Firm”), a global alternative asset management firm with approximately $5.6 billion of assets under management, today announced the completion of construction at The Bellevue, a 361-unit, multifamily development located in Hyattsville, Maryland. This is the fifth project delivered within EJF’s OpZone Fund II and reflects the Firm’s continued expansion into high-growth, metropolitan Qualified Opportunity Zone (“QOZ”) markets....
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Audax Private Equity’s Origins Strategy Completes Exit of Enviromatic Systems
BOSTON & SAN FRANCISCO--(BUSINESS WIRE)--Audax Private Equity (“Audax”), a capital partner for middle and lower-middle market companies, announced today that it has completed the sale of Enviromatic Systems, a provider of essential facility services for building management systems (BMS). Chicago-based Wind Point Partners (“Wind Point”) acquired Enviromatic on December 8, 2025. Terms of the deal are not disclosed. Based in Grand Prairie, TX, with more than 275 employees, Enviromatic designs, eng...
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InTest Corporation Receives $3.7 Million Medical Device Testing Order
MT. LAUREL, N.J.--(BUSINESS WIRE)--InTest Corporation (NYSE American: INTT), a global supplier of innovative test and process technology solutions for use in manufacturing and testing in key target markets which include semiconductor (“semi”), automotive/EV, defense/aerospace, industrial, life sciences, and safety/security, announced today that it was awarded a follow-on $3.7 million order by an existing customer that manufactures medical devices. Alfamation, an InTest business, will be supplyi...
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Strong Enterprise Adoption of Genesys Cloud AI Drives Company Momentum in the Third Quarter of Fiscal Year 2026
SAN FRANCISCO--(BUSINESS WIRE)--Genesys®, a global cloud leader in AI-Powered Experience Orchestration, today announced continued strong momentum during the third quarter of fiscal year 2026 (Aug. 1 – Oct. 31, 2025). The Genesys Cloud™ platform reached nearly $2.4 billion of annual recurring revenue (ARR)i during the quarter, growing more than 30% year-over-year. Reflecting robust demand from enterprises, Genesys Cloud ended the quarter with more than 500 customers with more than $1 million in...
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BenchSci Extends ASCEND Agreement with Merck to Support Preclinical Disease Biology Research
TORONTO--(BUSINESS WIRE)--BenchSci, a leading provider of AI software for biopharma research and development, today announced a renewed two-year contract with Merck, known as MSD outside of the United States and Canada. “Seeing Merck’s teams use ASCEND to unravel disease biology, strengthen hypotheses, and make more evidence-driven decisions underscores the real scientific value AI can deliver. This renewed agreement gives us the opportunity to deepen that impact and continue advancing how comp...