Month: May 2023

Sustainable Partnership to Stabilize Food Supply and Enable Business Growth for Vertical Farmers SQUAMISH, British Columbia, May 16, 2023 (GLOBE NEWSWIRE) — Sea to Sky Farms Inc. (“Sea to Sky” or “the Company) today announced the acquisition of Vertical Choice, a sales brokerage and consulting firm that helps local farmers using sustainable indoor growing systems to sell their produce and grow their businesses. In addition to consolidating sales and marketing processes in-house for Sea to Sky’s vertical farming operations, the acquisition adds a proven revenue stream forecast to achieve top-line sales of $5 million CAD in 2023. “The executives who founded Vertical Choice have a long, successful history in produce sales,” says Christos Livadas, Mergers and Acquisitions Advisor, Weiser Capital Group. “Having an in-house brokerage...

TAMPA, Fla., May 16, 2023 (GLOBE NEWSWIRE) — ReliaQuest, a force multiplier of security operations, today announced the acquisition of agent software assets and the associated engineering team from EclecticIQ. This acquisition will add both speed and capability to GreyMatter’s rapidly growing list of bilateral integrations for greater automation of detection, investigation, and response. With more than 80 integrations today, this will not only enhance the capability of the current integrations but allow ReliaQuest to rapidly grow new integrations, quickly responding to new and emerging technologies.  “We know how important it is that security teams can access actionable data quickly so they can help drive outcomes for their business,” said Brian Murphy, ReliaQuest founder and CEO. “When combined with our recently announced generative...

SAN FRANCISCO, May 16, 2023 (GLOBE NEWSWIRE) — Avalon Acquisition Inc. (NASDAQ: AVAC) (“Avalon” or the “Company”), a special purpose acquisition company, announced today that it has set June 6, 2023 as the meeting date for the special meeting of stockholders (the “Special Meeting”) to approve the previously announced business combination (the “Business Combination”) with The Beneficient Company Group, L.P. (“Beneficient” or “BCG”) and related proposals. At the Special Meeting, Avalon’s stockholders will be asked to approve the Business Combination and other such proposals as disclosed in the definitive proxy statement/prospectus (the “Proxy Statement”) relating to the Business Combination. Holders of AVAC Class A common stock and Class B common stock at the close of business on the record date of May 10, 2023 are entitled to notice...

Vehicle Telematics Market to Surge Considerably; Rising Consumer Demand and Awareness for Automotive Telematics Solutions to Foster Industry Growth: Fortune Business Insights™ Pune, India, May 16, 2023 (GLOBE NEWSWIRE) — The global vehicle telematics market size was valued at USD 64.93 billion in 2021 and reached USD 72.78 billion in 2022. The market is expected to reach USD 213.67 billion by 2029, exhibiting a CAGR of 16.6% during the forecast period. Furthermore, increased fuel efficiency, rising consumer demand, and awareness of automotive telematics solutions boost the market growth. Fortune Business Insights™ provides this information in its report titled “Vehicle Telematics Market, 2022-2029 KEY INDUSTRY DEVELOPMENTS: December 2021- Zonar announced its Light Duty Telematics Control Unit (TCU) in partnership...

Planned renovation of 220 units marks CPP’s fourth investment in upstate New YorkEllicott Park Townhomes Ellicott Park TownhomesBUFFALO, N.Y., May 16, 2023 (GLOBE NEWSWIRE) — CPP (Community Preservation Partners), a mission-driven affordable housing preservation developer, today announced the closing of Ellicott Park Townhomes. The 8.9-acre property consists of two non-contiguous parcels and is located at 10 Durham Court in downtown Buffalo, a few blocks from the main business district. CPP’s total development investment is expected to be approximately $54.7M, with a total investment in renovations of $14.2M. Renovations are expected to be completed in Spring 2023. CPP plans to ensure a minimal impact on residents during the renovations. The restoration of Ellicott Park Townhomes will preserve 220 total family units encompassing...