Startup Rise America News

CenterOak Partners LLC (“CenterOak”), a Dallas-based private equity firm, today announced the closing of CenterOak Equity Fund III, L.P. (“Fund III” or the “Fund”). The Fund was oversubscribed and achieved its hard cap with total capital commitments of over $1.1 billion. Jason Sutherland Bill Henry Bobby Rutherford Carrie Hamilton Mark Langer Eric Holter Christine Garfield Ross Martin Evan Fisher Mark Izlar Joe Fojtasek Jeffrey Chang Chase Crandall Marc Sredojevic Clayton Ortamond Tara Balsley Li Rose Jessica Fantazia Nikki Hurst Bill Scheller Randall Fojtasek Read more - https://lnkd.in/gaCvm2yw To share your startup story write us on - contact@startuprise.io #fundraising #oversubscribedfund #centeroak #capital #fund

#fundingalert 💼Company: HomeLight 💰Funding: $20 Million ⚡Round: Series D Extension 👥Investors: Zeev Ventures, Stereo Capital and Menlo Ventures, among others. Founded in 2012, HomeLight is building the future of real estate — today. Drew Uher Phil Shoemaker Lisa Marie Shapiro Sumant Sridharan Mike Abner Vanessa Famulener Todd Rhodes Sandy Liao-Martin, SHRM-CP, PHR Ankur Bansal Annie Dreshfield Nick Friedman Gaurav Hardikar @ Read more - https://lnkd.in/gXG2DfBb To share your startup story write us on - contact@startuprise.io #fundraising #proptech #investment #startup #HomeLight #realestate #SeriesD

AdaptHealth Corp., a national leader in providing patient-centered, healthcare-at-home solutions including home medical equipment, medical supplies, and related services, announced today that Scott Barnhart has been appointed as Chief Operating Officer, effective September 23, 2024. Mr. Barnhart has more than 30 years of leadership experience in global operations including supply chain management, manufacturing, procurement, logistics, customer service and product portfolio management. Most recently, he served as Chief Operating Officer of Qurate Retail Group, a leading global retail group, where he led operational and productivity improvements across the fulfillment center network and last mile customer delivery. Prior to that, Mr. Barnhart served in senior executive positions at some of the world’s leading companies across several industries, including his role as President of Global Medical Products & Supply Chain at Cardinal Health, where he developed and led a five-year, end-to-end, global supply chain transformation strategy to improve productivity, innovation, quality and customer experience. Suzanne Foster, Chief Executive Officer of AdaptHealth, stated, “The change we’re announcing today supports our ongoing efforts to create clear roles and responsibilities, drive effective management, and align the organization's structure to best reflect our business processes.” Sarah Murphy, Vijay Bhandari, Tony Gonzalez, Brian Scheuer To share your startup story write us on - contact@startuprise.io #Adapthealth #Healthcare #innovation #news #startup

American Startup Funding Roundup | August 19 – August 23 We compile a Weekly Startups Funding News Report summarizing all the startups that secured funding during the week. #weeklyroundup #fundraising #vcfunding #Americanstartup #weeklyfunding #weeklynews #startupfunding #fundingalert #Americanbusiness #investment #startup

ImageTrend announces the purchase of FlowMSP, based in Park Ridge, IL. Founded in 2016, FlowMSP’s software offers the industry’s fastest pre-incident planning process that works across any device and quickly distributes critical #information via dispatch. Nick Maggio Michael Patock Susan deCathelineau Dana Novack Cathy Hill, MBA, PMC Dan Vanorny Joe Graw Patrick Sheahan Kevin Buzard Jason Marvel Read more - https://lnkd.in/gy33U7h8 To share your startup story write us on - contact@startuprise.io #acquisition #FlowMSP #imagetrend

Vortex Companies - Trenchless Infrastructure Rehabilitation Solutions (Vortex) announced that it has recently acquired Troy, Ohio based, Premier Pipe USA (Premier Pipe), a long-time provider of high-performance cured-in-place pipe (CIPP) products manufactured by United Felts, also a Vortex Company, to its network of licensed installers. James Mortell Michael Vellano Ryan Graham Ram Vela Quin Breland Matt Peterson Peter Dannenberg Brooke Malone, PHR, SRHM-CP Dave Fletcher Read more - https://lnkd.in/gvpaQDiK To share your startup story write us on - contact@startuprise.io #acquisition #Vortex #USANews

Legends announced the completion of its previously announced acquisition of ASM Global. The combination of Legends and ASM Global creates the world’s preeminent premium live events company dedicated to providing fans with outstanding experiences globally. ASM Global is the world’s leading venue management company and producer of live event experiences. Mike Ondrejko Kirta Carroll Tom Funk Chris Hibbs Josh Kritzler Dan Migala Mike Behan Kevin Ring John Ruzich Jennifer Greer-Glanville Stacey Escudero Matt O'Neil Dan Levy Read more - https://lnkd.in/gu8GKB6q To share your startup story write us on - contact@startuprise.io #acquisition | #TheLegendsWay | #ASMGlobal

ADVI Health announce the acquisition of PHAR (Partnership for Health Analytic Research), a global health technology assessment (HTA) and health economics and outcomes research (HEOR) consultancy, known for providing high-#impact, #datadriven insights to some of the largest #biopharmaceutical sponsors and clients. This addition to ADVI’s Strategic Analytics, Value and Economics (SAVEs) team bolsters ADVI’s data analysis and value strategy capabilities with significant HEOR expertise, with the PHAR team bringing 20 years’ experience in primary and secondary real-world data research, patient registries, expert panels, and literature reviews. Christopher Wittwer Marci Mutti Michael Beebe Lauren Feldman Lindsay Bealor Greenleaf Caitlin Sheetz Ben Shand Melyssa Nocar Peter Kardel Heidi De Souza Irene Varghese Johanna Celli Will Burchenal Keith Knutzen Jared Samuels Elizabeth Barkley Gabriela Cazares Kim Mote Derek Starzynski Karyn Larkin Marc Samuels Tracy Acheampong, MPH Norris Turner, PharmD, PhD Geoffrey Storchan Lindsay Bealor Greenleaf Thomas Kornfield Zachary Friend Allison Schneider, MPH Charles Sewell Anna Prokop Anna Prokop Yana V. Brenna R. Michael Kolodziej Salwa Masud, PhD Kalli Glanz Read more - https://lnkd.in/gkjUtXuD To share your startup story write us on - contact@startuprise.io #acquisition #advihealth #PHAR

DDC Enterprise, Ltd.,(“DayDayCook,” “DDC,” or the “Company”), a leading multi-brand Asian consumer food company, is pleased to announce that the Company has recapitalized its debt obligations and achieved additional #funding through the sale of equity in a private placement. DDC recently completed a transaction with ten creditors to retire $4,800,000 USD of outstanding principal and interest which was converted into Class A Ordinary shares. Additionally, four investors participated in a private placement to purchase approximately $1,700,000 USD of Class A Ordinary shares. The transactions resulted in the issuance of approximately 9,500,000 Class A Ordinary shares. “DDC is very excited about the support demonstrated from some of our creditors that were enthusiastic about the opportunity to invest in the Company,” said Norma Chu, Chief Executive Officer. “Converting the loans and gaining additional financial support have a meaningful impact on our balance sheet and provide the Company with cash to grow our brands and fund expanded distribution channels.” The Company expects to use the proceeds from the financing for working capital and other corporate purposes. The offer and sale of the Class A Ordinary shares were made in a transaction not involving a public offering and the securities have not been registered under the Securities Act of 1933, as amended, and may not be reoffered or resold except pursuant to an effective registration statement or an applicable exemption from the registration requirements. The Company reported on a Form 6-K filed with the SEC on June 21, 2024, that it had entered into agreements with the creditors and investors and that the transactions were subject to closing conditions. Those conditions have now been satisfied. DayDayCook is on a mission to share the joy of Asian cooking culture with the world, offering a suite of accessible and healthy ready-to-eat, ready-to-cook, and ready-to-heat products that cater to the global palate. DayDayCook has evolved from a culinary content authority to a multi-brand powerhouse, curating a broad range of products that champion authenticity, nutrition, and convenience. The company's growing portfolio includes DayDayCook, Nona Lim, Yai’s Thai, Omsom, MengWei, and Yujia Weng. DayDayCook (DDC Enterprise Limited) To share your startup story write us on - contact@startuprise.io #loan #debt

During his term as CEO of Nestlé, which began in 2017, Mark Schneider referred to his position as "an honor" and expressed thanks for the accomplishments that the firm has accomplished under his direction. Schneider will be succeeded by Laurent Freixe, who will take over as CEO of the Swiss company that produces Nespresso coffee and Purina pet meals, according to a statement released by Nestle . Schneider had served as CEO for eight years. Schneider said in a statement.“Leading Nestlé for the past 8 years has been an honour for me. I am grateful for what we have achieved, having transformed Nestlé into a future-proofed, innovative and sustainable business,” Paul Bulcke To share your startup story write us on - contact@startuprise.io #Nestle #Quit #News