News Hub | News Direct

Professional Services

Architecture CRM/Customer Service Consulting Government & Policy Human Resources Intellectual Property/Trademark/Patent Law Legal
Article thumbnail News Release

Rotunda Capital Partners Announces Several Key Promotions

Rotunda Capital Partners LLC

Rotunda Capital Partners LLC (“RCP”) is pleased to announce several promotions on both its investment and operations teams. These promotions reflect each individual’s exceptional work, proven leadership and meaningful contribution to Rotunda. We look forward to their continued success in their new roles. “Attracting and retaining top talent is a critical part of our continuing success and we are committed to developing and advancing our talent as we grow as a firm,” said John Fruehwirth, managing partner. “We are very proud of Rohit, Ryan, Cara, Brian and Nathan’s accomplishments and are excited to reward them with these much-deserved promotions. These team members contributed to Rotunda’s record deal volume in 2021 and recognition by Inc. Magazine as a Top Founder-Friendly Firm for the second straight year.” Promoted to Principal – Rohit Dhake and Ryan Aprill Rohit joined the firm in 2016 and has played a key role in sourcing and managing new investments over the past few years and he adds significant value, both to portfolio companies and in mentoring the mid-level and junior team members. Ryan joined Rotunda in 2020 and has immediately helped the firm by sourcing a new platform and multiple add-on investments in 2021 and mentoring the mid-level and junior team. Promoted to Vice President – Cara Hauen and Brian Kim Both Cara and Brian joined Rotunda in 2018 and have helped execute multiple deals and support portfolio companies. In their new roles, Cara and Brian will be responsible for leading due diligence on new investment opportunities and mentoring the junior team members. Promoted to Vice President – Nathan Bertsch Nathan joined Rotunda in 2018 and helps lead the Operations team with a particular expertise around using data and analytics to improve portfolio company performance. He will expand on his work and lead a larger team. About Rotunda Capital Partners Rotunda Capital Partners is a private equity firm that invests equity capital in established, lower middle market companies. Rotunda partners with management to build data-driven growth platforms within its targeted sectors, including value-added distribution, asset light logistics and industrial/business services. Founded in 2009, the firm has a long history of helping management teams achieve their goals for growth. The Rotunda team actively provides guidance and draws on deep industry and financial relationships to contribute to the successful execution of Rotunda’s companies’ strategic plans. The firm has offices in Bethesda, MD and Evanston, IL. For more information, visit www.rotundacapital.com. About Inc.'s List of Founder-Friendly Investors Inc. Magazine's Founder-Friendly Investors is a published list of U.S. founder-friendly private equity firms. Rotunda has paid a fee to be considered for this recognition. Private equity firms that have exited U.S.-based, founder-led, public or private, portfolio companies within the past five years were eligible to apply. This recognition is based on the analysis of and information gathered by Inc. Magazine using its own criteria and methodologies. As part of the vetting process, Inc. Magazine interviewed one or more portfolio company representatives about their experience partnering with Rotunda. For investments to qualify, portfolio company founders must have remained actively involved in their business for at least one year post-investment. The complete list of private equity firms considered for this award is not known to Rotunda. The award reflects information about a sample of portfolio companies and may not be representative of every portfolio company's experience with Rotunda. There is no guarantee that similar awards will be obtained by Rotunda in the future. Portfolio companies should make their own determinations about the prospects of partnering with Rotunda. Contact Details Rotunda Capital Partners Jill Lafferty +1 847-280-1295 jill@rotundacapital.com Company Website https://www.rotundacapital.com

December 09, 2021 07:34 AM Eastern Standard Time

Article thumbnail News Release

NCMA’s Entry-level Certification Achieves ANSI Accreditation

National Contract Management Association

The National Contract Management Association (NCMA) announced today they have been granted accreditation from The American National Standards Institute (ANSI) for the Certified Contract Management Associate™ (CCMA™) certification. “This is a critical milestone for our entry-level certification, the second NCMA certification to receive this honor,” said Kraig Conrad, CEO. “Accreditation from an internationally-recognized third-party solidifies the quality of the CCMA™ and reinforces our community’s journey to represent global best practices in everything we do.” The ANSI accreditation process, based on the ANSI/ISO/IEC 17024 standard, provides a global benchmark for certification programs to ensure they operate in a consistent, comparable, and reliable manner worldwide. ANSI accreditation signifies that the holder has attained a certification designed to the highest industry requirements and that NCMA has met, and continues to meet standards for quality, emphasizing the validity and integrity of the CCMA™ program as the entry-level contract management certification. The CCMA™ assess knowledge of the ANSI-Approved Contract Management Standard™ (CMS™) that is recognized as the basis for common language for contract management and the processes created through integration and interaction of job tasks. For more information about the CCMA™ certification visit www.ncmahq.org/certification. ### The National Contract Management Association (NCMA), which was founded in 1959 and is the world’s leading association in the field of contract management. The organization, which has over 18,000 members, is dedicated to the professional growth and educational advancement of procurement and acquisition personnel worldwide. NCMA strives to serve and inform the profession and industry it represents and to offer opportunities for the open exchange of ideas in neutral forums. To find out more, please visit www.ncmahq.org. Contact Details Jennifer Knowlton +1 571-382-1127 jennifer.knowlton@ncmahq.org Company Website https://www.ncmahq.org/

December 08, 2021 04:00 PM Eastern Standard Time

Article thumbnail News Release

SullivanCotter Releases Annual Workforce Metrics Benchmark Survey Results and Offers Insight Into Health Care Workforce Structure

SullivanCotter

SullivanCotter, the nation’s leading independent consulting firm in the assessment and development of total rewards programs, workforce solutions, and technology and data products for the health care industry and not-for-profit sector, recently released results from its 2021 Workforce Metrics Benchmark Survey. The survey contains benchmark data on 10 staff level job families, including Ancillary Services, Care Management, Emergency Medical Services, Facilities Services, Financial Services, Human Resources, Information Technology, Legal and Compliance Services, Nursing, and Technical Medical Support. “Insights from this survey will arm health care organizations with essential information on how the composition and cost of their workforce compares to the market,” said James Roth, Managing Principal, SullivanCotter. “Health care organizations face unprecedented pressure as disruptions in patient volume, reductions in employer-sponsored insurance, labor shortages and rising expenses all remain key challenges. As these organizations look for better ways to optimize care delivery and improve performance, effectively managing the size, shape and architecture of the workforce is critical. By gaining an understanding of how your organization compares to industry benchmarks, you can better support operational restructuring decisions that help manage labor expenses, recognize acquisition-related cost saving opportunities, identify retirement risks, and uncover gaps in meeting your diversity objectives,” said Roth. Increased Attention on Workforce Architecture Understanding the drivers of workforce cost requires a multi-dimensional analysis that must take into consideration the interaction between three factors – the overall size of the workforce, the distribution of the workforce across career levels and the job level pay position relative to your target market. “The tension between responding to a compressed labor market and rising labor costs, and managing profitability battered by shifts in payor mix driven by the pandemic, has cast focus on the efficiency and effectiveness of the current workforce structure,” said Cathy Loose, Managing Principal, SullivanCotter. Thoughtfully defined career stages and job levels are the foundations for building a workforce architecture. SullivanCotter’s 2021 survey data indicates that almost one-quarter of titled managers do not have any staff accountability, which suggests that clarifying job definitions is a critical step many organizations miss. Then, carefully considering the desired workforce distribution within each functional area is a key pivot point that can inform the level of managerial span of control needed, define the overall size of the workforce, and influence the affordability and effectiveness of different pay philosophies. Boardroom Focus on Demographics is Accelerating There are few topics getting more attention from health care organization boards today than diversity and inclusion. Objectively, there are documented and researched benefits to expanding the representational diversity in the workforce. “In today’s constricted labor market, many organizations are focused on diversity as defined by race and gender, yet they are also revisiting legacy job requirements that may be limiting the diversity of experience, thought and skill in the candidate pool,” said Nanci Hibschman, Managing Principal, SullivanCotter. SullivanCotter’s data reveals that almost one-quarter of the active health care workforce will reach retirement age eligibility in the next ten years. While this will create a significant challenge in terms of accelerating the pace of staff replacement, the industry has a strong foundation of diversity to build upon with over three-quarters of the workforce being female and almost one-third ethnic minorities as indicated by SullivanCotter’s data. Health care organizations have a unique opportunity to lead change and influence the profile of the workforce of the future. Giving fair consideration to candidates with diverse backgrounds, experiences, knowledge, skills and abilities gives the organization the opportunity to discover new workforce combinations that may change how jobs are defined, how teams work together and how value gets created. Considerations for 2022 and Beyond As hospitals and health systems plan for what lies ahead and look to support financial sustainability and mitigate risk, organizations should consider market practices as well as their individual financial circumstances and structural definitions when determining their compensation and workforce-related actions. To support more sophisticated benchmarking and customized workforce design, SullivanCotter has developed a robust statistical analysis which integrates our extensive workforce demographic and structure data with our financial, performance and quality data. This enhanced methodology produces client-specific predictive modeling of workforce size, distribution and cost customized by job family to support large-scale workforce planning and analysis. “SullivanCotter’s 2021 Workforce Metrics Benchmark Survey reflects data collected using a rolling database model through 2020 and 2021. Due to the continued impact of the pandemic and the extremely dynamic environment, the survey data should be used thoughtfully, with appropriate context, and with sound business judgement as you plan and consider workforce management initiatives in 2022 and beyond,” said Roth. For more information on SullivanCotter’s 2021 Health Care Workforce Metrics Benchmark Survey or any other SullivanCotter surveys, please visit our website at www.sullivancotter.com, email us or contact us by phone at 888.739.7039. About SullivanCotter SullivanCotter partners with health care and other not-for-profit organizations to understand what drives performance and improve outcomes through the development and implementation of integrated workforce strategies. Using our time-tested methodologies and industry-leading research and information, we provide data-driven insights, expertise, data and technology products to help organizations align business strategy and performance objectives – enabling our clients to deliver on their mission, vision and values. Contact Details Becky Lorentz +1 314-414-3719 beckylorentz@sullivancotter.com Company Website https://sullivancotter.com

December 08, 2021 01:26 PM Eastern Standard Time

Article thumbnail News Release

a360inc Chooses Provana to Bring Expanded e-Filing and Enhanced Data Analytics Solutions to Mortgage Default Servicing Industry

Provana

Provana, provider of the industry's first unified platform for compliance and performance management, today announced a new partnership with a360inc, to enhance and expand technology-enabled solutions to default servicing law firms. Building on both companies' extensive expertise in the legal and financial services industries, a360inc clients will benefit from expanded e-filing capabilities and advanced data analytics tools. Scott Brinkley, Chief Executive Officer of a360inc, noted, “We’re excited to partner with Provana to offer our technology clients enhanced e-filing and BI reporting capabilities. With Provana’s nationwide e-filing solutions now accessible through all a360inc applications, our clients will have seamless access to services that better position their businesses to navigate the unpredictability of the current mortgage servicing market.” “The partnership comes at a critical time for foreclosure firms, when scale and flexibility are primary concerns, given the rapidly changing economic and regulatory landscape,” said Provana Chief Executive Officer Sandeep Bhargava. “Formalizing this relationship between a360inc and Provana builds on our promise to work with SMBs to help them overcome process-intensive challenges for higher productivity and profit.” “After working with both Provana and a360inc for many years, I’m excited to see the two companies join forces,” said Jim Ward, Chief Executive Officer of ProVest. “Together, Provana and a360inc deliver a powerful combination of technology and services that can help mortgage default servicing law firms focus on their core competencies and maximize productivity and profitability.” For up-to-date information about specific implementations, contact us. Clients can also learn more about the benefits of these unique technology solutions, schedule custom demos and meet representatives from both companies during the MBA Servicing Conference in February. About Provana Provana’s SaaS-based digital operating platform is the first of its kind, giving leaders control over process-intensive operations. We serve law firms, insurance companies, accounts receivable agencies and networked enterprises in the US market that are tightly regulated by the CFPB and other authorities. Built on decades of experience in machine learning, natural language processing and business process management, Provana helps customers manage sensitive interactions, analyze unstructured data, process personal information and ensure compliance. Provana is backed by a NYC-based Fintech PE, most recently raising funds in November 2020. Learn more at www.provana.com. About a360inc a360inc is a leading technology and outsourcing services provider to the financial services, real estate, and legal industries. Based in Addison, TX, a360inc provides case management system technology and outsourcing services to law firms, title agencies, underwriters, mortgage companies and investors. Learn more about a360inc and its suite of products and services online at www.a360inc.com. About Provana Provana is a SaaS platform that gives leaders control over process-intensive operations. We serve law firms, insurance companies, accounts receivable agencies and networked enterprises in the US market that are tightly regulated by the CFPB and other authorities. Provana is built on decades of experience in machine learning and natural language processing and helps customers manage sensitive interactions, analyze unstructured data, process personal information and ensure compliance. Provana is backed by a NYC-based Fintech PE, most recently raising funds in November 2020. Learn more at www.provana.com. Contact Details Provana Britney Schaeffer +1 469-774-2409 britney.schaeffer@provana.com a360inc Amber Benson +1 469-640-0432 amber.benson@sqft.management Company Website https://www.provana.com/

December 08, 2021 11:54 AM Central Standard Time

Article thumbnail News Release

Politicians and Reformers Agree, Constitutional Reform is Coming Soon

Let Us Vote for a BBA

With the recent oral arguments surrounding Dobbs v. Jackson Women’s Health Organization, calls for constitutional reform have echoed around the country. A little-known passage in the U.S. Constitution allows the states to draft and the people to ratify amendments without Congress. Recently, both reformers and politicians have agreed a convention to propose amendments is no longer hypothetical, it’s happening. “…There are currently applications from 27 states requesting a convention on a Balanced Budget Amendment and six generic applications for a general convention,” said outgoing NJ Senate President Steve Sweeney. “Despite the differing reasons, that makes 33 states with pending applications, and only one more would be required to call for a constitutional convention.” "I wish to personally thank Sweeney for confirming in public what we have been saying in private all along,” said David Biddulph, founder of the Let us Vote for a Balanced Budget Amendment Citizen Campaign, “A national convention to propose amendments to the U.S. Constitution is going to happen, not only in our lifetimes, but I predict it will happen in the next year or two.” "I am eagerly introducing a resolution this legislative session, which I hope will be number 34 and the final measure needed to compel a national convention," said State Senator Rex Rice (SC-2), "I am also introducing legislation to hold convention delegates to their oath of office as they serve the public in what will surely be one of the most interesting periods in American history. I encourage other legislators around the country to do the same." Recent Supreme Court decisions, such as Chiafalo v. Washington, have reaffirmed the safety of a convention process and allayed concerns about oath-taking delegates who would attempt to deviate from their original purpose. "The Supreme Court has said delegates must do the will of the people who send them to an assembly. That much is crystal clear from the recent Electoral College decision," said Mike Kapic, author of Conventions That Made America. "As a further safety check, the Assembly of State Legislatures recently negotiated bipartisan rules for an orderly and organized convention process. I am convinced that commissioners from the states assembled at a convention will behave much better than the members of Congress that we see on our television screens every day." At least 33 states currently have active certified resolutions calling for a convention, but historically, Congress has received many more calls on a variety of issues. Most amendments to the U.S. Constitution began with convention calls from the states and ended with Congress proposing the desired amendment, including the Bill of Rights. But on issues where Congress is the source of the problem, such as fiscal responsibility and election integrity, reformers are skeptical a solution will ever come out of Washington D.C. "Americans agree, Congress is stuck consistently in overspending and increasing taxes on American business and families. There is a genuine lack of political will for reform in the nation’s capital," said Bob Carlstrom of the Association of Mature American Citizens, "The people and the states must come together soon to propose a permanent fix for the nation's financial disorder, or the ship of state may sink due to the lack of stewardship and loose spending from our federal representatives. There exists a process in the Constitution to do just that. Let's use it." Not all politicians and reformers greeted this recent news of the imminent convention with fanfare. Some even reacted with alarm and began to immediately work to halt the number at 33 and possibly even rescind some of the currently active resolutions, a constitutionally questionable practice. For example, in New Jersey, SCR161 recently passed the New Jersey State Senate and its companion bill in the Assembly, ACR222, is scheduled for a vote this week. “Rather than focusing on issues important to voters, like getting kids back in school or reducing property taxes, New Jersey's lame duck session is being used to throttle the high hopes of reformers on both sides of the political aisle," said Tom Llewellyn of the Let Us Vote for a Balanced Budget Amendment Citizens Campaign, Inc. "Prior to voting this week, Sweeney’s counterparts in the Assembly may want to ask if it's wise to walk down that garden path with a proven loser when voters of both parties disagree with what you're doing. Political logic like that will get you beat by a trucker who spent less on his whole campaign than you did on the bar tab at Di Paulo’s." For more information, please visit: https://letusvoteforbba.org Contact Details Let Us Vote for a Balanced Budget Amendment Mae James +1 386-432-4744 info@LetUsVoteforBBA.org Company Website http://letusvoteforbba.org/

December 08, 2021 12:10 PM Eastern Standard Time

Article thumbnail News Release

Nice Healthcare Partners with Capsule to Improve Access to Affordable Prescription Drugs

Nice Healthcare

Nice Healthcare, the clinic that comes to you, today announced that it has partnered with leading digital pharmacy Capsule - bringing effortless, free same-day medication delivery to Nice patients in the Twin Cities, Minnesota; Phoenix, Arizona; and Denver, Colorado. Beginning today, all Nice patients in those three markets can choose Capsule to easily manage and receive over 550 Nice formulary medications for zero cost, including free same-day delivery. Nice has integrated with Capsule’s proprietary APIs, enabling clinicians to provide the option to use Capsule via the Nice app, and will leverage Capsule when they prescribe medications. Nice Healthcare is reimagining the delivery of primary health care by combining innovation with the personal touch that has been lost in modern medicine. With Nice, a full-service clinic comes to you. The partnership with Capsule amplifies this benefit with medications delivered same-day to the home or office. Capsule benefits include effortless management and ordering of all 550+ common medications on Nice’s formulary - same-day, for zero cost. Patients will also receive free, same-day delivery for non-Nice formulary medications, OTC medications, and other common medical supplies. “The partnership with Capsule brings Nice’s patients a better pharmacy experience and same-day delivery for all their medication needs,” said Genevieve Swenson, FNP, Cofounder and COO for Nice Healthcare. “Nice was founded on the belief that healthcare should be simple, convenient and affordable for everyone - including those individuals and families who are socially and economically disadvantaged. This partnership further underscores our commitment to make a convenient healthcare option even better for patients and small business employers alike.” “We are excited to bring Capsule’s beloved consumer experience to Nice’s patients and help make it easier than ever before to get, manage, and stay on their medications,” said Eric Kinariwala, Founder and CEO of Capsule. “Our partnership is made possible by harnessing both Capsule and Nice’s proprietary technology platforms in a way unique to the healthcare system. This is healthcare – as it should be.” Key benefits of the Capsule partnership include: Free-same day hand delivery of acute and chronic medications to the patient’s door Patients can manage all of their medications from their phone, tablet, or computer Text, chat, or call expert pharmacists anytime To learn more about Nice Healthcare, visit www.nice.healthcare. About Nice Healthcare Nice Healthcare is redesigning comprehensive healthcare for small and medium-sized businesses by utilizing a mix of technology and in-home care. As an employee benefit, they offer employees and their households in-home and virtual primary care, virtual mental health therapy, and virtual physical therapy services. Their clinicians can also offer patients x-rays, 35 labs and blood draws and a formulary with over 550 medications with no out-of-pocket costs. Since launching in Minnesota in 2017, Nice has expanded its integrated care services to 12 states. About Capsule Capsule is rebuilding the pharmacy industry from the inside out with an emotionally resonant experience and technology that enables customized outcomes for doctors, hospitals, insurers, and manufacturers. Capsule has designed every aspect of the pharmacy experience to give consumers and partners the peace of mind of having their health looked after. Capsule is available in more than a dozen cities across the United States, with expansion plans to have the ability to reach 100 million Americans by year's end. For more information, please visit capsule.com Contact Details Nice Healthcare Karen Swim +1 586-461-2103 pr@nice.healthcare Company Website https://www.nice.healthcare

December 08, 2021 09:00 AM Eastern Standard Time

Article thumbnail News Release

U.S. Sees Sharpest Rise in Independent Workforce in More Than 50 Years

MBO Partners

MBO Partners released its 11th Annual State of Independence in America report, the country’s longest-running end-to-end study of the American independent workforce. In the year of the Great Resignation, there was a record-breaking 34% surge in people choosing independent work. This segment jumped from 38.2 million in 2020 to a whopping 51.1 million in 2021. “This year may be remembered as the seminal moment when work forever changed,” said Miles Everson, CEO of MBO Partners. “An undercurrent that has been simmering reached a boiling point when people were forced out of the office and into alternative work arrangements. This is the largest shift we have seen in the workforce in decades.” Below are five trends revealed in this year’s data report. Workers cut the cord on fixed locations. Freed from the confines of working in a single onsite location, many took remote work on the road. The number of digital nomads rose from 10.9 million in 2020 to 15.5 million in 2021, a 42% increase. Most of the nomads were traditional workers, but the number of independent digital nomads rose 15%, from 4.6 million in 2020 to 5.3 million in 2021. Collaborators are the new colleagues. Independents refer work and share the load with other independents. Twenty-five percent find assignments through other independents. And in the past 12 months, 25% of full-time independents said they had teamed up with independent workers or microbusinesses in their work, up from 19% in 2020. Collaboration is even higher for independents in the creator economy with over half (55%) reporting that they are teaming up with other content creators on projects. Even independents are haunted by the 1%. The U.S. has long been seen as a two-tier economy, with those at the very top thriving while many at the bottom struggle. We see this effect replicated in the independent workforce with those having in-demand skills and credentials able to charge a premium for their work. Inflation drives moonlighting 2.0. The rising cost of living and the loss of payroll jobs is driving more people to supplement their income with independent work. Part-time and occasional independents are the fastest-growing portion of the independent workforce. For those who became part-time independents in the past year, 73% cited supplementing their income as the reason. Platforms become independent launching pad. As independent work has become more mainstream, we have seen a rise in businesses that facilitate this way of work. Online platforms and marketplaces are powerful facilitators that let independents find work, learn new skills, and explore new markets. The trajectory of these platforms has been one of the most powerful growth stories in this survey. In 2011, only 3% of independents reported using an online talent platform in the previous 12 months. But in 2021, an impressive 40% said they had done so in the past year. And an even higher number – 43% – said they planned to use an online talent platform in the coming 12 months. For more information or to obtain a copy of the 11th annual State of Independence report, please visit https://www.mbopartners.com/state-of-independence/​. About MBO Partners®​ MBO Partners is a deep job platform that connects and enables independent professionals and microbusiness owners to do business safely and effectively with enterprise organizations. Its unmatched experience and industry leadership enable it to operate on the forefront of the independent economy and consistently advance the next way of working. For more information, visit​ ​mbopartners.com​ Contact Details Karen Swim +1 586-461-2103 karen@wordsforhirellc.com Company Website https://mbopartners.com

December 07, 2021 08:00 AM Eastern Standard Time

Article thumbnail News Release

Ripken Baseball Signs Stewbowie Sports & Entertainment as Exclusive Sponsorship Sales Agency

Stewbowie Sports & Entertainment

Ripken Baseball announced today it signed Stewbowie Sports & Entertainment to exclusively represent their premier youth sports brand across all sponsorship sales. Stewbowie will provide strategic partnerships and advertising sales across all Ripken Baseball-owned properties and assets. Ripken Baseball offers the most memorable experiences in youth sports, combining facilities and world-class event management to make every ballplayer feel like a Big Leaguer. Ripken Baseball operates sports complexes in Aberdeen, MD, Myrtle Beach, SC, and Pigeon Forge, TN, as well as nationwide programming through their Ripken Select Tournaments. Over 120,000 youth baseball athletes and more than 400,000 guests visit annually traveling from 50 states and 12 countries. “We’ve experienced incredible growth in the last few years and are looking for partners who want to build with us,” said Mike Kenney, Executive Vice President at Ripken Baseball. “Stewbowie’s approach to revenue generation and proven track record of winning deals will help us take our business to another level and find new ways to generate revenue through naming rights, sponsorships, and B2B partnerships. We look forward to collaborating with brands that align with the values of The Ripken Way and our goals to help grow the game of baseball.” “We are honored to have the opportunity to represent such an iconic name as Ripken Baseball. The Ripken name is synonymous with excellence, and we are thrilled to be working with them to create successful sponsorship programs to accomplish our partners’ goals at scale,” said Karl Mawhinney, Stewbowie, LLC Founder & CEO. For Ripken Baseball sponsorship inquiries, please contact karl@stewbowie.com. Ripken Baseball Ripken Baseball brings teammates, coaches, and families together through its Big-League Experiences, while teaching the values of the game, and how to play it the right way – the Ripken Way. Ripken Baseball continues to innovate the game through on-site tournaments, camps, and spring training hosted at their state-of-the-art baseball and softball facilities – The Ripken Experience™ Aberdeen (Maryland), The Ripken Experience™ Myrtle Beach (South Carolina), and The Ripken Experience™ Pigeon Forge (Tennessee). About Stewbowie LLC Stewbowie, LLC is a Brooklyn NY-based, sponsorships sales representation firm working with best-in-class sports and entertainment properties to accelerate revenue growth through naming rights, sponsorships, and integrated marketing programs. Stewbowie Sports & Entertainment is the property representation division of Stewbowie, LLC. Stewbowie’s current property clients span across multiple industries including sports, music, fashion, and immersive digital technology with the core commonality of desiring smarter brand sponsorship. Stewbowie believes every brand’s perfect partnership exists. Contact Details Eric PR & Marketing, LLC Eric Nemeth nemeth@ericpr.com Company Website https://stewbowie.com/

December 07, 2021 07:59 AM Eastern Standard Time

Article thumbnail News Release

Minuteman Press Highlights Year of Helping Independent Print Center Owners Sell Their Businesses

Minuteman Press International Inc

Minuteman Press International, the world’s leading design, marketing, and printing franchise, is proud to announce additional successful conversions of independent print shops to Minuteman Press franchises in 2021. Through the Minuteman Press International Conversion Program, independent printers are able to sell their printing business at no cost to them. Minuteman Press Franchise Conversion Program – 2021 Highlights Through this program, Minuteman Press International helps sellers of qualified printing businesses find qualified buyers within a reasonable time frame. All of the businesses highlighted below were listed for sale in mid-2020 and sold through 2021. Minuteman Press, Red Bank, New Jersey (formerly All American Print & Copy Center) Jason Carris is the new owner of Minuteman Press in Red Bank, NJ, which is part of the Middletown Township. He purchased All American Print & Copy Center, which was in business for 40 years, and took over the business in September 2021. Jason says, “ The biggest advantage of buying this business was having an established clientele. We did our research and made sure the owners were respected by their clients. There was also 40 years of history and track record as well.” He continues, “Minuteman Press and our Regional Vice President Jim Galasso guided us through the purchase of the business step by step. Jim made the process easier to manage and I couldn’t have done this on my own without the help from the team at Minuteman Press International.” Prior to franchising, Jason worked in medical publishing and digital marketing. He also ran a number of small consulting businesses in his career. He says, “A combination of things – including the pandemic and economic forces – made me decide to go fully into business ownership. My wife Renee has an entrepreneurial spirt as well.” Why Minuteman Press? Jason answers, “We did a lot of research and Minuteman Press jumped out to us on a number of levels. They were on a lot of top franchise lists, they appealed to people who hadn’t owned a business, and the business seemed easy to learn. In addition to being a highly respected franchise, Minuteman Press had a reasonable cost of entry and I appreciate their cap on royalties.” He adds, “The support has been wonderful. Because there is a 40-year history of the independent print shop we purchased, we have been transitioning the business. It’s great to have the training and support especially since I had not run a business of this scope before.” What is it like for Jason to be a business owner? He says, “Once you make that leap, it’s a very exciting experience to own your own business. We have a vibrant community here and I see the long-term growth potential. I am looking forward to making Minuteman Press a real pillar and trusted business partner in Red Bank / Middletown Township.” Jason further explains, “I think we have a tremendous opportunity to expand our wide format printing business with banners, posters, and signage remaining in high demand for our clients. I am also looking forward to bolstering our in-house mailing and direct mail services to help other local businesses reach their target audiences.” “I think the two biggest keys to owning a business are to really make sure you feel 100% comfortable with the business model, and to believe in your products and services. Also, it is important to be proactive but also have patience after buying the business. Think about growth potential, and understand there is a learning curve. That’s normal for everyone.” -Jason Carris, owner, Minuteman Press franchise, Red Bank, NJ (formerly All American Print & Copy Center) For more information on Minuteman Press in Red Bank, visit https://minuteman.com/us/locations/nj/red-bank. Minuteman Press, Longmont, Colorado (formerly Ron’s Printing Center) Avi Kumar has been part of the Minuteman Press franchise family since May 2016 as the owner of Minuteman Press in Greeley, CO. In February 2021, Avi had the opportunity to buy Ron’s Printing Center located in Longmont, CO, which was in business for 40 years. Avi converted Ron’s Printing Center into his second Minuteman Press franchise location in February 2021. Avi says, “Our Regional Vice President Jack Panzer told us about this established business for sale in Longmont, which is 40 minutes from us. The main advantage was to extend profitability and expand our business in Northern Colorado.” He continues, “Another advantage was that we did not have to spend a lot of extra effort in marketing this as a new business because Ron’s Printing Center had been established for a long time. The employees were all very hands-on and diligent and we were able to retain them all. Within the second month, we added mailings, promotional products, and apparel to their product lines. In fact, we just wrapped up a 30K mailer for a local non-profit organization and secured a large apparel order as well.” Prior to franchising in 2016, Avi worked in retail as a convenience store manager of several locations. “I used to manage some stores in Illinois for a big outfit out of Wisconsin. I finally got tired of answering to my boss and decided I wanted to own my own business. I moved on to better pastures and we decided as a family that Colorado was our calling.” Avi is thankful for being able to work with Minuteman Press and Jack Panzer over the past five years in Greeley and on the conversion in Longmont in 2021. He says, “Working with Jack is amazing as he is very thorough and helpful. Since I started my business in Greeley in 2016, he has been a huge resource for us and very supportive. As we start to build in Longmont, we are also expanding in Greeley to a new 5,000 sq. ft. facility – remodeling is under way as we speak. We started small and grew the business, and now we are building on that success at the right, consistent pace.” For more information on Minuteman Press in Longmont and Greeley, visit https://minuteman.com/us/locations/co/longmont or https://minuteman.com/us/locations/co/greeley. Minuteman Press, Missoula, Montana (formerly Advertiser Montana Printing) Rebecca and Kirk Treece are the new owners of Minuteman Press in Missoula, Montana. They purchased Advertiser Montana Printing, which has a 40-year history in Missoula, in January 2021. Rebecca says, “It is a real honor to become part of Missoula’s thriving business community. The Palmers (former owners) had a 40-year long relationship with this community and their loyal customers have welcomed us and trusted us with their service, which has given us a great start here in Missoula.” Prior to Minuteman Press, Rebecca and Kirk had varying careers. Rebecca shares, “Before owning my own business, I was utilizing my teaching degree as a vision therapist at an optometry office in Missoula, working with children and adults to improve their visual skills. My husband Kirk was previously a financial and operational manager for a large company. He and I also own a franchise of Fish Window Cleaning and Sunbelt Business Brokerage. We are familiar with business and the franchise concept, but were really drawn to the Minuteman Press structure, training, support and record of success.” While Rebecca and Kirk have experience owning a business, they had never been involved in the printing industry before. Rebecca says, “Advertiser Montana Printing was an independent print shop that had been in business for 40 years and they had a very loyal base of long-standing customers. An established customer base was the opportunity we were looking for when buying a new business. Our goal is 100% retention and we have worked diligently to meet and develop relationships with each customer. We hit the ground running and it gave us an opportunity to get experience across the board. Our local Minuteman Press field representatives were able to train us on every aspect of the business, which gave us the confidence to meet the demands of our customers.” Rebecca continues, “The support from Minuteman Press has been exceptional. The training was very comprehensive, and we felt like we were well-prepared for starting up and getting straight to work. We also know exactly who to call when we have a question or issue to manage. The network of Minuteman Press is amazing in the way that everyone is there for you at any time and in any capacity that you need. The expertise of the training and the continual mentoring are the powerful tools we need to succeed.” One of the ways Rebecca is looking to stand out as a new business owner is by expanding on the products and services offered by Minuteman Press and educating clients on what is in high demand right now. She explains, “Our high-demand products are business cards, menus, point of sale products like invoices and forms, and medical facility materials. As businesses open up, the demand for envelopes, letterhead, and other consumables has grown. Being part of Minuteman Press family has given us a huge opportunity to share with customers our expanded line of products like mailing, signage, apparel, promotional items. It has really given us the ability to help people promote their business.” As for Minuteman Press in Missoula, Rebecca and Kirk know exactly where they want to go. She says, “Our goal is to become the premier printing and advertising design company in Missoula and the Greater Northwestern Montana area. We want to develop the reputation for supplying the highest quality products and having superior customer service. We strive to make Minuteman Press in Missoula the place to go for all advice and services. The main lesson Minuteman Press impressed upon me is that if you do not like the current state of your business, change it! Get up, get out there, market, make connections, and grow your business. We have been given the tools and the support to create something great and that is extremely exciting for us.” For more information on Minuteman Press in Missoula, visit https://minuteman.com/us/locations/mt/missoula. Minuteman Press, Hove, England (formerly TJ’s Branding Solutions) Romi and Russell Pinsent are the new owners of Minuteman Press in Hove, England. They purchased TJ’s Branding Solutions, which operated for 30 years, in June 2021. Romi says, We are so excited to carry the legacy of TJ’s Branding Solutions and expand our products and services through Minuteman Press to benefit our local business clients and community.” TJ’s Branding Solutions laid a solid foundation for Romi and Russell as they look forward to continuing to build the business that was started by original owner Tony Jenner. Romi says, “The store that we have bought has predominantly been a sign writing store that already supports existing businesses and has a good customer base. The work done within the store already supports local businesses by assisting them to promote their own business by way of designing logos, shop fronts and vehicle livery.” On selling the printing and sign business through Minuteman Press, Tony Jenner says, “Minuteman Press Regional Vice President Mark Jones approached me at a good time and asked me if I was interested in selling my business. I have been running TJ’s Branding Solutions for over 30 years and was looking at a change of direction. I was looking to retire and enjoy what I have achieved and spend more time with family. This was a great opportunity to sell at a good price with no broker fees. What was there not to like? It was a smooth exchange and transfer that was done – I would recommend it.” Prior to franchising with Minuteman Press, Romi and Russell were no strangers to running their own business. Romi shares, “Before franchising, our background was and still is running care homes. It is an enjoyable business to run, supporting the more vulnerable people within society but it is riddled with legislation and we wanted to explore a new venture that was more creative and had an opportunity for growth. We wanted a change for us and a new business venture seemed the way forward.” Why Minuteman Press? Romi answers, “We have over 40 years of business experience between us however we were cautious about moving into a new industry as our experience is only in our other business. We visited a franchise show with the intention of looking at a hospitality franchise but quickly realized that this wasn’t something we wanted to explore due to having to work evenings and weekends.” Romi adds, “The intention at the start was to purchase a new store and grow it from the ground up however once we had decided on the franchise, [Regional Vice President] Mark Jones undertook some market research and found an existing independent print shop in TJ’s Branding Solutions where the owner wanted to retire. As a result, we began the process of purchasing the store.” “Throughout the whole process, Mark Jones supported us in liaising with the seller, solicitors, and accountants to make the process as easy as possible. There was never a question that couldn’t be answered! We secured the store on the 3 rd June 2021. Russell and I are both excited to work with the Minuteman Press franchise support team and to grow the business in the local area. Russ has lived in the city since he was 5-years-old and I have lived here all my life. We are proud to call Brighton and Hove our home, we love where we live and want to offer the best service to all local businesses here!” -Romi Pinsent, co-owner, Minuteman Press, Hove, England (formerly TJ’s Branding Solutions) Romi concludes, “Overall, As a local business ourselves, Minuteman Press in Hove is excited to work with other local businesses. We look forward to seeing where this incredible journey takes us as we build and grow together.” For more information on Minuteman Press in Hove, England, visit https://hove.minutemanpress.co.uk. International Minute Press, Nampa, Idaho (formerly Custom Printing) Sheryl and James Wisler are the new owners if International Minute Press in Nampa, Idaho. They purchased Custom Printing from Mike Cutler, who operated the independent printing business for 25 years. Seller’s Perspective from Mike Cutler, Retired Owner of Custom Printing Mike Cutler built up Custom Printing from a print shop out of his garage in 1996 to a successful printing business that averaged over $1 million in gross sales over the past 5 years. He tried to sell his printing business for six to eight months before realizing it was going to be harder than he thought. That is when he turned to Minuteman Press. Mike says, “I tried to sell the business that I worked so hard to build for six to eight months on my own. I was also preparing to let it go at a very undervalued price as I couldn’t find the right people to buy the business and I found many of them were time-wasters and tire-kickers. On top of that, when I consulted with a business broker, they were asking me for 10% off the top of the sale, and they also wanted a percentage of my lease agreement.” After experiencing these challenges on his own, Mike turned to Minuteman Press International to help sell his printing business. “One of the franchisees I knew locally in Idaho referred me to Chris Jutt, Minuteman Press International Regional Vice President. After our first phone call, I felt confident that Chris had the ability, drive and connections to make this dream a reality for me. Our meetings were always super easygoing and comfortable. Chris took all the pressure off of me and said to focus on my successful business and he would do the rest. That is just what he did.” “We set a price for my independent printing business that was significantly higher than I anticipated, and Chris Jutt recommended some terms. Within one week, I had several very interested parties. Chris found the perfect people to purchase my business – James and Sheryl Wisler – that will continue what I started some 25 years ago. Minuteman Press International knew that the most important things to me were my long-term employees, my clients, and the reputation I had worked so hard to build. Chris found buyers that valued the same things. He and the entire team at Minuteman Press International delivered on all of my expectations and exceeded in most of them. Looking back, if I knew this was going to be this easy, I would have contacted him years ago.” -Mike Cutler, retired owner, Custom Printing (now International Minute Press, Nampa, Idaho) After the sale of his business, Mike quickly realized how beneficial it was to have the team at Minuteman Press International assist with all aspects of the transition to the new owners. He shares, “At first, I was apprehensive about how the transition would go. I was immediately relieved when I saw how Minuteman Press International took the reins to teach and train James and Sheryl. We are only two and a half weeks into the transition phase, and already I feel like I am not needed as much as I thought I would be. My employees are in great hands, my clients are being taken care of, and James and Sheryl are doing a fantastic job.” He adds, “The entire team both here locally and at their corporate headquarters has been phenomenal. No matter who I’ve talked to or worked with during this entire process, everyone has been professional as well as instrumental in making this happen. It’s a win-win situation all around.” “The smooth transition has reassured me that it was the right move to sell my business with Minuteman Press International. They have the right plan, the right experience, and everyone has been incredible to the very last detail. In my acquisition experience, nothing has ever been as easy as this. I had everything to gain and nothing to lose, and there were absolutely no hiccups along the way. I would easily rate my experience as 10/10.” -Mike Cutler Advice to Other Sellers When asked what advice he would give to other print and sign shop owners looking to sell, Mike answers, “Don’t even waste your time trying to do this yourself. When you try to sell on your own, there are so many bottleneck issues and you will likely undervalue your business. I couldn’t find the right buyers on my own and I had to spend too much time to meet with people repeatedly while still running my own business.” Mike concludes, “Minuteman Press International alleviated the bottlenecks and came forward with qualified buyers who were ready to write the check for the right price. I am 100% satisfied beyond my expectations. This was a total team effort by everyone, and they all came through for me.” For more information on International Minute Press in Nampa, Idaho, visit https://minuteman.com/us/locations/id/nampa. For more information on how to sell your printing business or sign business through Minuteman Press International’s Conversion Program, visit https://bit.ly/minutemanpressconversions Contact Details Minuteman Press International Chris Biscuiti +1 631-249-1370 cbiscuiti@mpihq.com Company Website https://minutemanpressfranchise.com

December 06, 2021 09:10 AM Eastern Standard Time

Image
1 23456 ... 61