Adams Street has launched an Evergreen Private Equity Fund with the introduction of ASPEN Lux, a Luxembourg-domiciled investment vehicle. The Evergreen Private Equity Fund expands Adams Street’s global platform. It also strengthens long-term access to private markets for eligible investors. Moreover, the Evergreen Private Equity Fund offers a flexible structure designed for ongoing capital deployment. The launch reflects Adams Street’s strategy to broaden private equity access beyond traditional closed-end models. Therefore, ASPEN Lux allows investors to enter and exit periodically. In addition, the fund provides diversified exposure across buyouts, growth equity, and secondary investments. As a result, investors gain consistent access to private equity opportunities.
“ASPEN Lux represents the continued evolution of our evergreen solutions, enabling qualified investors across Europe and the UK. Asia to access our global private equity platform,” said Jeffrey Diehl, Managing Partner & Head of Investments at Adams Street. “As an employee-owned firm, we remain aligned with clients’ long-term interests, and ASPEN Lux demonstrates. Our commitment to expanding access to diversified, high-conviction private equity strategies,” Diehl added.
Luxembourg-Based Structure Extends Global Investor Access
ASPEN Lux is based on the successful ASPEN fund platform created and managed by Adams Street over time. Nevertheless, ASPEN Lux features a structure now domiciled in Luxembourg and designed for non-U.S. investors. Additionally, Evergreen Private Equity Fund seeks long-term capital growth. Additionally, it is driven by effective risk management and portfolio strategy. Therefore, this fund responds to growing investor needs and requirements regarding flexibility and transparency. Additionally, Adams Street created ASPEN Lux to complement existing evergreen alternatives available to investors. Therefore, investors get to enjoy global sourcing power at Adams Street. Additionally, this fund capitalizes on Adams Street’s many years of experience and knowledge about private market investments. Therefore, ASPEN Lux extends Adams Street’s reach and presence in the country of Luxembourg. Additionally, this fund helps to develop long-term relationships between Adams Street and global investors alike.
“Global investors are increasingly seeking solutions that offer long-term capital appreciation, transparency, and alignment. Access to institutional-quality private equity,” said Jim Walker, Partner & Global Head of Wealth at Adams Street. “ASPEN Lux extends this opportunity to non-US investors by combining a regulated evergreen structure. With Adams Street’s decades of private equity investment expertise,” Walker added.
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News Source: Businesswire.com
The expansion of European capabilities is what fuels the current expansion in the region for Houlihan Lokey. The global investment bank made two strategic moves that expanded its European platform and strengthened its corporate finance franchise overall. It entered into an agreement where it secured a controlling stake in Audere Partners, a French corporate finance boutique. It also acquired the real estate capital advisory business of Mellum Capital, which operates out of Munich and London.
“Over the past decade, our European growth has focused on delivering exceptional client outcomes through. A differentiated offering,” said Scott Adelson, Chief Executive Officer of Houlihan Lokey. “By combining global reach, sector expertise, and alternative capital access, we can support clients with unique solutions. The Audere Partners and Mellum Capital teams strengthen our capabilities and cultural alignment. We are excited to expand our European presence and help clients achieve critical objectives,” Adelson added.
Strategic Acquisitions Strengthen Market Presence
Such acquisitions make the company’s position in major markets even stronger. Additionally, they add new sectors to the company’s range of offered services. Audere Partners’ professionals specialize in mid-market corporate finance. They join Houlihan Lokey with their whole management staff. However, the professionals from Mellum Capital add new value to the company’s real estate capital advisory service. After the acquisition is completed, the professionals from Audere Partners will work under the name Houlihan Lokey. They add more than 50 professionals to the company. This acquisition also increases the firm’s French staff to a total of about 80 professionals. However, the professionals from Mellum Capital have already been fully integrated into Houlihan Lokey’s Capital Solutions Group. They add a total of 11 professionals to the company.
“These transactions mark key milestones in the growth of our European business,” said Phil Adams, President of Houlihan Lokey, Europe. “France remains a core market, and Audere Partners brings strong expertise, reputation, and cultural alignment. The Mellum Capital team expands our capital solutions and strengthens real estate advisory capabilities. These investments reflect the momentum of our EMEA business and our commitment to continued growth,” Adams added.
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News Source: Businesswire.com
GomSpace Group AB has officially issued its comprehensive market guidance for the 2026 fiscal year, signaling a phase of accelerated transformation and strong revenue growth. Annual revenue is expected to reach 540-640 M.SEK, up significantly from the previously guided range of 420-450 M.SEK for 2025. The plan indicates an improvement of over 30% in the growth rate, accrued from a mature business model as well as an order backlog in the global small satellite market.
Strategic Investment and Path to Scale
A central pillar of the 2026 strategy is the transition toward sustained profitability. GomSpace has set a target EBITDA margin of 5%-12%, reflecting improved operating gearing as its business divisions grow in size. However, Company is also facing negative free cash flow in current year this because intensified investments in R&D & manufacturing capacity. These scaling investments are designed to capture the rising global demand for sovereign, space-based capabilities among government and commercial enterprises.
CEO Carsten Drachmann highlighted the company’s unique market position:
“Global demand for space-based solutions is accelerating, and governments and enterprises are prioritizing secure, sovereign access to space capabilities. GomSpace is right at the heart of this market opportunity. With a demonstrated track record in satellite systems, an expanding product portfolio, and strategic entry into new mission domains, we are singularly positioned to capture significant market share.”
He further added regarding the 2026 outlook:
“The 2026 guidance reflects our confidence in the fundamentals of our business and our ability to execute at scale. We are investing heavily in R&D, manufacturing infrastructure, and people to maintain our leadership position in the market. Although our free cash flow was negative, we are very prudent in our capital allocation and believe that these investments will deliver good returns in the future.”
Despite such an investment phase, GomSpace is in a strong financial position with large cash reserves and credit facilities. The growth of GomSpace is still subject to fulfilling their order intake, mainly in terms of high-margin sales as well as carrying out large-scale projects in this regard. Notably, this guidance reflects GomSpace’s shift towards becoming a dominant player in the global aerospace industry with special emphasis placed upon revenue growth.
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News Source: PRNewswire.com
Illumynt has announced a 60 percent revenue increase during the previous fiscal year & has concurrently established a Global Innovation Center. This is due to escalating requests from the corporate sector for increased security and sustainability. Accordingly, illumynt is expected to broaden its solutions across the entire global market.
“As AI reshapes infrastructure lifecycles, enterprises need ITAD solutions that are intelligent and auditable, secure by design,” said Herbarth. “illumynt is building a technology-driven platform that helps organizations manage risk, recover value, & advance circularity at a global scale,” he added.
Driving Innovation and Collaboration
Additionally, the Global Innovation Center would facilitate partnerships between illumynt, industry leaders, startups, and research institutions. This approach enables illumynt to lead in technology innovation while promoting sustainable business practices and responsible enterprise solutions globally. Further, illumynt intends to employ the Global Innovation Center for the creation of innovative technologies combining cutting-edge cybersecurity features. Sustainable business practices and intelligent automation technologies. Such innovations would help increase business efficiencies while decreasing risks for the organization. Essentially, illumynt’s combined focus on business growth & technology leadership positions it as a top innovator in enterprise security and sustainability.
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News Source: Businesswire.com
Dana Therrien has been entrusted with the role of Senior Vice President at Varicent in order to handle revenue performance. The commercial transformation of the organization. She will lead a team focused on optimizing revenue and improving sales performance for clients across the globe. Dana Therrien will inculcate efficiency and effectiveness in her work because of her leadership experience at various top technology firms. She was known to introduce novelty and innovation in enabling smoother functioning. This has automatically resulted in the improvement of various businesses and successful market penetration across firms. The key thing here is that Dana shall be working with the product and other teams. At Varicent, to enhance the capabilities of the firm in the area of sales performance.
“Dana’s approach to revenue performance aligns strongly with where we believe the market is headed,” said Marc Altshuller, CEO, Varicent. “He understands the complexity shaping enterprise revenue, and the trends behind it. Will partner with customers to maximize the value of their investments. “Dana is a strategic addition as we help customers build performance systems that scale. That is the standard we are setting for SPM.”
Strengthening Leadership and Innovation
Through consistent investment in leadership development and innovative solutions. Varicent has created impacts that are tangible in the dynamism characterizing the sales performance management industry. In fact, with the hiring of Therrien. Varicent is expected to lead the global market in delivering revenue performance solutions.
“What excites me about Varicent is the clarity of its vision,” said Dana Therrien, Senior Vice President, Commercial Transformation, Varicent. “The next phase of revenue performance will be defined by how well organizations understand the relationship between systems & human behavior. “Varicent is the clear leader in applying AI to make those dynamics visible. So performance can be designed intentionally instead of managed reactively. That is what makes this work compelling.”
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News Source: Businesswire.com
Vergent recently announced the appointment of Mike Rogers as the new Vergent Chief Growth Officer to lead its global expansion. This hiring move is expected to quicken the company’s entry into the competitive financial services sector. Rogers has more than 25 years of leadership experience in fintech, payments, and financial technology. He will focus on scaling the brand’s reach and enhancing customer acquisition strategies.
Strategic Leadership for Global Lending Expansion
The company offers a comprehensive and end-to-end lending solution service for different types of financial institutions in the United States as well as Central America. Vergent finds Rogers’ extensive knowledge and experience very valuable in enhancing its position in the international market. He has previously worked in leading companies such as Solutions by Text, Constant.ai, and ACI Worldwide. Consequently, his arrival marks a significant milestone for the firm’s long-term revenue goals.
“Mike’s experience building diversified revenue models and scaling go-to-market execution makes him an ideal leader for this role,” said Scott Putnam, CEO of Vergent. “As Vergent continues to grow, Mike will play a critical role in expanding our market presence and ensuring long-term growth.”
The platform streamlines the full loan lifecycle from origination to servicing and collections for over 20,000 daily users. These tools help lenders improve efficiency while delivering an industry-changing consumer experience. By appointing a dedicated Vergent Chief Growth Officer, the company ensures a focused approach to its future product roadmap. This move signals a commitment to remaining a leader in the lending technology space.
“I’m excited to join Vergent at a pivotal stage of its growth,” said Mike Rogers. “Vergent has built a powerful lending and servicing solutions platform with significant opportunity ahead. My focus will be on expanding adoption, diversifying revenue streams, and executing a go-to-market strategy that supports both our clients’ success and Vergent’s long-term growth objectives.”
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News Source: Businesswire.com
Amplitude, Inc. recently announced its acquisition of InfiniGrow to provide better revenue analytics for modern marketers. This strategic move helps businesses move faster by making their complex data sets more actionable. The company aims to close the gap between data dashboards and actual business decisions. This acquisition allows marketing teams to measure, forecast, and optimize their total impact on revenue.
Advanced AI Insights for Marketers
The integration of InfiniGrow technology strengthens Amplitude’s current focus on session-based analytics. This foundation ensures that all marketing actions are rooted in accurate, contextual insights. Today, marketers use AI-driven forecasts to understand tradeoffs and test strategic assumptions. And it enables teams to better allocate budget across customer journeys and channels.
“InfiniGrow built AI to answer the hardest questions marketers face, and that’s exactly what Amplitude does,” said Spenser Skates, co-founder and CEO of Amplitude. “Together, we’re turning complex data into clear decisions teams can act on confidently.”
InfiniGrow specializes in unifying marketing, sales, and financial data into one clear view. This visibility helps organizations understand exactly what drives their results in real time. The platform serves over 4,500 customers, including major brands like Atlassian, Burger King and NBCUniversal.
“We built InfiniGrow to apply AI to the real decisions marketers face every day, grounded in clean and contextual customer journey data,” said Daniel Meler, co-founder and CEO of InfiniGrow. “Joining Amplitude allows us to scale that work and contribute to a broader AI analytics vision that empowers teams to act with confidence.”
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News Source: Businesswire.com
Health In Tech recently announced a major leadership update to support its revenue growth goals. The company’s Board of Directors appointed Zain Hasan as the new Chief Growth Officer. Mr. Hasan first joined the firm in September 2025. He has since played a vital role in advancing go-to-market execution. In his new capacity, he will lead the company-wide growth strategy. He will oversee sales, partnerships, and revenue operations across the entire organization.
“Health In Tech is entering what we believe will be a high-growth phase that demands disciplined execution across sales and marketing,” said Tim Johnson, Chief Executive Officer of Health In Tech.
Expanding InsurTech Distribution and Innovation
The company offers an AI-powered platform that is free for brokers to use. This system includes over 100 customized healthcare plans. It features AI-driven underwriting for carriers that enables brokers to generate bindable stop loss healthcare plan quotes within minutes for the employer. Mr. Hasan brings over 15 years of industry experience to this mission. He is a five-time founder who has successfully built and exited multiple companies. His expertise in scaling revenue aligns with the firm’s long-term strategy for shareholder value.
“Since joining the Company, Zain has brought an entrepreneurial mindset, data-driven rigor, and a strong operating cadence to our growth strategy. His appointment as Chief Growth Officer strengthens our ability to consistently deliver innovative new programs, such as our large-employer offering and our three-year rate stabilization program, and deepen strategic collaborations with broker agencies, third-party administrators, and carriers,” Johnson added.
Mr. Hasan previously led national sales operations and expanded agency partnerships. Health In Tech continues to focus on removing friction from the insurance process. They use vertical integration and automation to simplify complex workflows. The team remains committed to delivering measurable value for brokers and carriers.
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News Source: PRNewswire.com
Lease End announced record-breaking results for 2025 today. The company saw a 60% year-over-year revenue growth. This boost came from their new suite of proprietary AI tools. These digital agents helped drivers uncover $73 million in savings during the lease-return process. The firm also facilitated over $590 million in vehicle loans. Key partners included Ally Financial, Capital One, JP Morgan Chase, and Santander.
“2025 was the year our investments in AI and our team really started to compound. Our products are just an extension of the incredible culture we’ve built here. We’ve been laser-focused on execution and solving real problems for drivers, and it’s paid off in a big way for both drivers and our company. We’re profitable, we’re growing fast, and we’re proving that you can build world-class tech from anywhere that changes an industry and improves lives,” said Brandon Williams, Lease End Co-Founder and CEO.
Innovating the Lease Buyout Process
The company launched several new AI products last year. These tools remove friction from the buyout process. One tool, called Automatic AI, provides instant monthly payment estimates. Another tool named Thunder generates new business through text conversations. These innovations helped 19,287 drivers secure their vehicles. Customers also unlocked $108 million in vehicle equity. This transformed monthly lease payments into ownership gains for many families.
“Our products are just an extension of the incredible culture we’ve built here. We’ve always been performance-driven and focused on the driver, but the technology we deployed this year has allowed us to scale that personal touch. Whether it’s our human experts or our AI agents, the goal is the same: empower drivers to keep the cars they love and save money doing it,” said Zander Cook, Lease End Co-Founder and CRO.
Lease End has seen a 1,559% growth rate since 2021. They continue to simplify the auto lease industry. Their mission focuses on empowering drivers through transparent technology. This approach avoids unnecessary fees and high dealership costs. The company is currently a Diamond Award Finalist for The Money Awards. They are proving that world-class tech can change an entire industry.
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News Source: Businesswire.com
Revance recently appointed Steve Kreider as the new Executive Vice President and Chief Revenue Officer. In this role, he will oversee the U.S. sales strategy for both aesthetics and therapeutics. The company aims to align its commercial goals to ensure long-term growth. This move helps the firm strengthen its market execution. It also improves how the team engages with providers and patients.
“We are excited to welcome Steve to our leadership team,” stated Nadeem Moiz, CEO of Revance. “Steve is a proven leader with deep experience in this industry. His track record of building teams makes him the right choice for us.”
Kreider brings over twenty years of leadership experience to the organization. Previously, he served as a senior executive at Cutera and Ortho Dermatologics. He also held key roles at Merz Aesthetics and Medicis. He successfully managed large sales teams and launched several major products.
Driving Market Impact
Transitioning into this new position allows Kreider to focus on market expansion. He will work closely with the team to elevate brand performance. Consequently, the company expects to unlock new opportunities in the global market.
“Revance has a powerful portfolio and great potential,” Kreider noted. “I am eager to partner with this team to improve our commercial execution. We will build the capabilities needed for long-term success.”
Revance remains a leader in global aesthetics and skincare. The company provides innovative products such as DAXXIFY and RHA Collection. The branded products that it owns include SkinPen and StriVectin. They currently serve patients in over 60 countries. This appointment marks a significant step for the Chief Revenue Officer to guide the firm’s future.
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News Source: Businesswire.com
Intelligent Medical Objects (IMO Health) recently secured two prestigious 2025 Modern Healthcare Best in Business Awards. The company earned top honors in both data analytics and revenue cycle management categories. This marks the second year in a row that IMO Health has received these accolades. The awards highlight the company’s commitment to terminology-driven innovation and clinical AI.
Modern Healthcare launched these awards to recognize essential healthcare partners. Judges evaluate nominees based on measurable outcomes and customer focus. They specifically look for excellence in advancing healthcare delivery and operational efficiency.
“For more than 30 years, IMO Health has propelled the healthcare industry forward,” stated Ann Barnes, CEO of IMO Health. “I’m so proud of this team and all they’ve done to get us here.”
Advancing Data Analytics and Revenue Results
The win in data analytics stems from the company’s ability to structure complex data. IMO Health is able to turn unstructured clinical text data into valuable business intelligence with high accuracy. As such, their clients are able to decrease their errors in diagnostics and revenue leakage by almost 45%. Their clinical AI solutions are also better than traditional methods in ICD-10 CM mappings.
In the revenue cycle management category, the company provides solutions to prevent denials in claims. Their solutions are integrated into the workflows to prevent errors before submission. To that end, one client reduced denials by 67% post-implementation. This approach ensures faster reimbursement and higher return on investment.
“These organizations demonstrate the progress, creativity and excellence that help move healthcare forward,” said Dan Peres, President of Modern Healthcare. “Their innovative approaches are redefining what’s possible.”
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News Source: Businesswire.com
The Dubai-based carrier flydubai recently announced a new partnership with Amperity to improve its digital operations. This collaboration focuses on using an AI-powered cloud platform to refine Customer Data Management across the business. The airline wants to unify information from many different touchpoints into one single view. This shift helps the carrier move toward a modern offer-order ecosystem for all passengers. Currently, the airline operates a network of over 135 destinations across 58 countries.
Amperity provides advanced tools that resolve complex identity issues often found in the aviation sector. Many travelers book flights without using loyalty numbers or consistent personal identifiers. The new platform uses artificial intelligence to connect these scattered data points in real time. This ensures that every team has access to accurate and timely traveler insights. It also supports the airline’s commitment to investing in high-tech service innovation.
Advanced Personalization and Real-Time Traveler Insights
The airline will operate in adherence to international security policies when handling all sorts of sensitive information regarding their passengers. They will also adhere to the Dubai Electronic Security Centre’s Information Security Regulation (ISR) framework. The goal is to maintain total confidentiality and system integrity at all times. Teams can now retrieve customer profiles instantly to assist with check-in or marketing. This helps the airline deliver more relevant offers to its global audience.
“Partnering with Amperity will enable us to transition to an Offer-Order-based ecosystem and have a unified, data-driven view of flydubai’s customers and deliver more relevant and timely communications that meet their changing travel needs,” said Mohammed Hareb AlMheiri, Chief Procurement & Technology Officer at flydubai.
“Airlines need a platform that can handle the speed, scale, and data diversity of modern travel. With Amperity, flydubai can use every piece of data, from bookings and loyalty to day-of-travel interactions, to deliver personalised experiences,” said Derek Slager, co-founder and CTO at Amperity.
This technical upgrade supports the broader roadmap for modern airline retailing and better engagement. The platform handles the massive scale and diversity of modern travel data with ease. It allows the airline to use every piece of data from bookings to loyalty interactions. This ensures that the passenger journey remains seamless and highly personalized from start to finish.
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News Source: Businesswire.com