Midland Industries Acquires Pegasus Supply Group

NEWS PROVIDED BY

Gemspring Capital

Sep 01, 2026, 08:57 ET

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KANSAS CITY, Mo., Sept. 1, 2026 /PRNewswire/ -- Midland Industries ("Midland"), a portfolio company of Gemspring Capital and a leading provider of fittings, valves, flow control, hose, and related connection products, announced today its acquisition of Pegasus Supply Group, LLC ("Pegasus"). Terms of the transaction were not disclosed.

Pegasus is a leading supplier of industrial and electronic connection products, including cable ties, wire harnesses, heat shrink products, and related maintenance and repair products. The company also provides value-added services such as wire harness and cable assembly, engineering and technical support, and custom cutting and marking. With operations in the United States and Canada, Pegasus serves customers across a broad range of industrial and commercial end markets and has built a strong reputation for quality, service, and responsiveness.

The acquisition broadens Midland's product offering with highly complementary connection products and capabilities while creating additional opportunities to serve customers across a wider range of applications.

"Pegasus expands both what we can offer our customers and the markets and applications we can support," said Mark Roszkowski, Chief Executive Officer of Midland Industries. "Its product expertise, value-added capabilities, and customer-focused approach are highly complementary to Midland. We are excited to welcome the Pegasus team and look forward to building on the strengths of both organizations as we create even more ways to help our customers succeed."

"Pegasus is a compelling strategic fit with Midland and represents an important next step in the company's growth," said Alex Funk, Managing Director at Gemspring Capital. "The business brings complementary products, differentiated technical capabilities, and longstanding customer relationships, while creating meaningful opportunities to expand the value Midland provides to its customers. We are excited to partner with Mark and the Midland team as they bring the businesses together and continue building a stronger platform for long-term growth."

About Pegasus Supply Group

Pegasus Supply Group is a supplier of industrial and electronic products, including cable ties, wire harnesses, heat shrink products, and related maintenance and repair products. The company provides value-added services including technical assembly, engineering and sales support, custom cutting and marking, and other tailored solutions. Pegasus serves customers across a diverse range of industrial and commercial end markets through operations in the United States and Canada. For more information, visit www.pegasussupplygroup.com.

About Midland Industries

Midland Industries, based in Kansas City, Missouri, is a leading supplier of fittings, valves, hose, clamps, flow-control products, and related connection solutions serving a broad range of manufacturing, plumbing, utilities, HVAC, fluid power, and general industrial end markets. Since its founding in 1919, Midland has supplied mission-critical components across diverse applications and has served as a trusted supply-chain partner to customers throughout the industrial ecosystem. For more information, visit www.midlandindustries.com.

About Gemspring Capital

Gemspring Capital, a Westport, Connecticut-based private equity firm with $5.1 billion of capital under management, provides flexible capital solutions to middle market companies. Gemspring partners with talented management teams and takes a partnership approach to helping drive revenue growth, value creation, and sustainable competitive advantages. Target companies have up to $2.0 billion in revenue and are in the aerospace & defense, business services, consumer services, financial and insurance services, healthcare, industrial, software, and tech-enabled services sectors. For more information, visit www.gemspring.com.

Media Contact:

Alex Funk, afunk@gemspring.com

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Tiger Group Sells Fabrication and Assembly Equipment from Two U.S. Manufacturing Plants

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Tiger Group

Sep 01, 2026, 08:57 ET

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LOS ANGELES, Sept. 1, 2026 /PRNewswire/ -- Tiger Commercial & Industrial (C&I) has completed the sale of a portfolio of high-precision fabrication and assembly machinery and equipment (M&E), along with finished products and raw materials, from two U.S. plants.

Conducted on behalf of the secured creditors, the online auction featured M&E from the former Alpharetta, Georgia, and Dallas, Texas, facilities of Auzmet, a national manufacturer of exterior building solutions such as composite metal panels, architectural façades and insulated wall panels.

Schlebach Quadro+ standing seam rollforming system

AXYZ Automation Group PANELBuilder CNC router with 100 ATC toolhead

Tiger marketed a broad mix of equipment from the two facilities, including CNC routers, electro-mechanical plate shears, CNC folding machines, electro-pneumatic saws, and smart routers by brands such as Miller, Lincoln Electric, FomIndustrie, Schechtl and Schlebach.

Bidders in the 415-lot sale vied for plant-support M&E and rolling stock by brands such as Kaesar, Chevy and Mitsubishi, along with raw materials and finished-goods inventory originally valued at more than $1 million.

Tiger's in-house auction and operations team leveraged its proprietary database of repeat buyers in composites manufacturing to drive demand across the offering, managing the entire sale and removal process across both facilities within a tight 30-day deadline set by the landlord.

"Our years of experience with aluminum fabrication equipment—including large-format panel builders from AXYZ Automation Group and units from Schechtl and Durma—gave us the ability to execute and quickly monetize the collateral," said Jonathan Holiday, Senior Director of Tiger Commercial & Industrial. "The end result was a robust recovery for the secured creditors in a fraction of the usual timeframe."

Media Contacts: At Tiger Group, Maria Hoang, (805) 497-4999, 421744@email4pr.com. At Jaffe Communications, Joey Linde, (908) 789-0700, 421744@email4pr.com.

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Quandri Named Inaugural Member of Applied Systems' Vendor Certification Program

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Quandri

Sep 01, 2026, 08:58 ET

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New certification program gives Applied Systems' agencies a tested integration and a

faster path to implementing Quandri's AI-driven insurance automation platform.

VANCOUVER, BC, Sept. 1, 2026 /PRNewswire/ -- Quandri, the AI platform for insurance agencies and brokerages, has been selected as one of the inaugural certified vendors in Applied Systems' new Vendor Certification Program.

The program establishes an integration standard for certified third-party technologies, providing Applied customers a faster, lower-cost way to activate Quandri in their environments. Quandri is one of 11 technology providers included in the program's initial group of certified integrations.

"We have worked alongside Applied for many years. Becoming a certified vendor formalizes the integration our teams have been building on for a long time. What this changes for agencies is speed to and ease of implementation," said Jackson Fregeau, CEO and co-founder of Quandri. "The gap between the service agencies want to deliver and the service they have capacity to deliver usually comes down to time spent on administrative work. Quandri closes that gap, freeing account managers to focus on the client relationships that drive retention and revenue."

Quandri serves hundreds of agencies and brokerages across North America and has been recognized on the CB Insights InsurTech 50 and named to Deloitte Technology's Fast 50. As the platform expands, Quandri continues to help agencies and brokerages operate more efficiently while delivering stronger outcomes for both advisors and their clients.

About Quandri

Founded in 2021, Quandri enables insurance agencies to manage up to 10x more policies without adding headcount. Quandri pairs broker expertise with insurance-native AI speed and intelligence to create a new operating model that increases capacity, strengthens client relationships, and enables teams to operate more efficiently at scale. For additional information, visit www.quandri.io.

Media Contact:

Matthew Luongo

Prosek Partners for Quandri

421658@email4pr.com

646-818-9279

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01.09.2026 – 13:28

Itsperfect

Itsperfect verkündet strategische Partnerschaft mit Armira für weiteres internationales Wachstum

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Baarn (NL) (ots)

Itsperfect, Marktführer für Enterprise-Resource-Planning-Software („ERP“) für Mode- und Lifestyleunternehmen in den Niederlanden mit Kunden in Deutschland, Belgien und Großbritannien, gibt den Start einer strategischen Partnerschaft mit Armira bekannt. Armira ist eine führende europäische Investmentholding spezialisiert auf langfristige Partnerschaften mit gründer- und familiengeführten Hidden Champions. Gemeinsam mit Armira setzt Itsperfect nun das bisherige internationale Wachstum insbesondere in Deutschland fort.

Internationales Wachstum und stetig mehr Kunden für die Plattform von Itsperfect zu gewinnen, hatte für den Mitgründer Stefan Methorst stets oberste Priorität. Gemeinsam mit Armira ist Itsperfect nun sehr gut positioniert, um an das starke Wachstum der vergangenen Jahre anzuknüpfen – mit Deutschland weiterhin im Fokus für die Expansion.

Itsperfect und Armira: eine strategische Partnerschaft für weiteres Wachstum

Itsperfect mit Sitz in Baarn ist Marktführer in den Niederlanden für ERP-Software für Mode- und Lifestyleunternehmen mit Kunden in Deutschland, Belgien und Großbritannien. Seit der Gründung 2013 hat sich Itsperfect zur bevorzugten ERP-Software in der Modebranche entwickelt, auf der Kunden ihre gesamten Geschäftsprozesse – von der Produktentwicklung über Großhandel und Einzelhandel bis hin zur Logistik – auf einer einzigen, integrierten Plattform verwalten können. Die Partnerschaft ist der nächste Schritt in Itsperfects Wachstumsstrategie – dabei setzt das Unternehmen weiterhin auf organisches Wachstum, treibt die europaweite Internationalisierung voran und baut die Organisation entsprechend aus.

Stärkung der internationalen Präsenz, insbesondere in Deutschland

Für die Stärkung der internationalen Präsenz ist vor allem Deutschland zentral für das nächste Wachstums-Kapitel von Itsperfect: Der weitere Ausbau der Präsenz in einem Markt, in dem Itsperfect bereits erfolgreich Kundenbeziehungen aufgebaut hat, ist der wesentliche nächste Schritt. Dabei profitiert Itsperfect von der umfangreichen Erfahrung und dem breiten Netzwerk, das Armira in die Partnerschaft einbringt. Das Ziel: in Deutschland die gleiche marktführende Position wie in den Niederlanden zu erreichen.

Strategischer Ausblick

Auch künftig führt Stefan Methorst als Mitgründer und Geschäftsführer das Unternehmen – unterstützt durch das bestehende, erfahrene Team. Im Zentrum steht weiterhin der konsequente Fokus auf Produktinnovation und Kundenzufriedenheit, die Basis für den Erfolg von Itsperfect seit 2013.

Gemeinsame Werte und Expertise als Grundlage der Partnerschaft

Hinter Armira steht eine breite Investorenbasis aus Familien, Unternehmern und langfristigem unternehmerischem Kapital, die dieselben unternehmerischen Werte vertreten wie Itsperfect. Zudem bringt Armira auch umfangreiche Erfahrung in der Skalierung und Internationalisierung von gründergeführten Unternehmen mit – Expertise, von der Itsperfect beim Ausbau seiner Präsenz in Deutschland direkt profitiert.

Stefan, Mitgründer und Geschäftsführer von Itsperfect, erläutert:

„Deutschland ist einer unserer wichtigsten internationalen Märkte und wir arbeiten dort bereits erfolgreich mit Kunden zusammen. Mit Armira an unserer Seite sind wir jetzt sehr gut aufgestellt, um zu skalieren und Itsperfect als bevorzugte ERP-Plattform für Mode- und Lifestyle-Marken in Deutschland zu etablieren. Auch unsere gemeinsamen Werte – Vertrauen, langfristiges Denken und eine kompromisslose Kundenfokussierung – waren entscheidend bei der Wahl von Armira als Partner.“

Hinweise für die Redaktion:

Itsperfect ( https://www.itsperfect.io/de)

Itsperfect ist Marktführer in den Niederlanden für ERP-Software für Mode- und Lifestyleunternehmen mit wachsender Präsenz in Deutschland, Belgien und Großbritannien. Das 2013 gegründete Unternehmen ermöglicht es Mode- und Lifestyle-Marken, ihre gesamten Geschäftsprozesse – von der Produktentwicklung über Großhandel und Einzelhandel bis hin zur Logistik – auf einer einzigen, integrierten Plattform zu verwalten, effizient zu arbeiten und in einer schnelllebigen Branche wettbewerbsfähig zu bleiben.

Armira (https://www.armira.de/)

Armira ist eine führende europäische Investmentholding, spezialisiert auf langfristige Partnerschaften mit gründer- und familiengeführten Hidden Champions. Armira verwaltet mehr als 5 Milliarden Euro und wird unterstützt von einer breiten Investorenbasis aus Familien, Unternehmern und langfristig orientierten Investoren. Armira stellt Kapital über den gesamten unternehmerischen Lebenszyklus hinweg bereit – von Minderheitsbeteiligungen im Wachstumsbereich bis hin zu Mehrheitsbeteiligungen.

Pressekontakt:

Itsperfect

Baarnsche Dijk 12C, 3741 LS Baarn, Niederlande

M: +31 (0)622415836

E: stefan@itsperfect.io

James Culverhouse (für Armira) Gründer & Head of Media Relations

M: +44 (0)7943 808 349

E: james@jamesculverhousecommunications.com

Original-Content von: Itsperfect, übermittelt durch news aktuell

Celebrate 75 Years of America's longest-running antique car show Old Car Festival Returns to Greenfield Village September 12-13

NEWS PROVIDED BY

The Henry Ford

Sep 01, 2026, 08:00 ET

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DEARBORN, Mich., Sept. 1, 2026 /PRNewswire/ -- The Henry Ford will host Old Car Festival, America's longest-running antique car show, in Greenfield Village on September 12 and 13.

Powered by Hagerty, Old Car Festival brings hundreds of vehicles from the 1890s through 1932 to Greenfield Village, where American history comes alive in the perfect setting.

Hundreds of vehicles from the 1890s through 1932 arrive from across the country to be perfectly set in the place where American history comes alive. Old Car Festival in Greenfield Village is a raucous ride, epitomizing the earnest optimism of the American Dream from the turn of the century to the Great Depression.

This year marks the 75th anniversary of Old Car Festival, The Henry Ford will celebrate this extraordinary milestone by honoring the people, traditions, and motor vehicles that have defined this special event for three-quarters of a century. Guests can walk through the village meeting owners who have passionately preserved their vehicles while listening to the distinctive sounds of century-old cars. The experience includes the Pass-in-Review Car Parade and an awards showcase featuring the best restored and unrestored cars, immersive historic vignettes, special demonstrations and more.

The antique car show brings Ragtime America and the Jazz Age to life with two days of historically-inspired street food, music, dancing and activities. Stay late Saturday evening for the Gaslight Parade of Cars, dancing with the River Raisin Ragtime Revue, and a Dixieland-style procession. This weekend is your chance to become immersed in the moving stories of the early automotive era, a true automobile lover's dream, as electric-, steam- and gas-powered engines are constantly in motion around you.

Old Car Festival will be open on Saturday, September 12, until 9 p.m., and operate on regular Greenfield Village hours on Sunday, September 13. This special event is free for members and included with Village admission. For more information, visit thf.org.

About The Henry Ford

Located in Dearborn, Michigan, The Henry Ford, a globally recognized destination, fosters inspiration and learning from hands-on encounters with artifacts that represent the most comprehensive collection anywhere focusing on innovation, ingenuity and resourcefulness in America. Its unique venues include Henry Ford Museum of American Innovation, Greenfield Village, Ford Rouge Factory Tour, Benson Ford Research Center, The Giant Screen Experience, and Henry Ford Academy, a public charter high school. Together with its online presence at thf.org and Invention Convention Worldwide, the growing affiliation of organizations fostering innovation, invention and entrepreneurship in K-12 students, The Henry Ford is a force for inspiring every individual to innovate, create and invent.

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Ribbon Bolsters Its Market-Leading Critical Infrastructure Portfolio USA - English

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Ribbon Communications Inc.

Sep 01, 2026, 08:00 ET

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New generation of routers delivers expanded routing, automation, security and synchronization capabilities

PLANO, Texas, Sept. 1, 2026 /PRNewswire/ -- Ribbon Communications Inc. (Nasdaq: RBBN), a global leader in real-time communications technology, IP routing, and optical networking solutions, today announced the expansion of its critical infrastructure portfolio. The portfolio is designed to help utilities modernize increasingly complex operational networks while maintaining the reliability, security and deterministic performance required for essential services. Ribbon's experience spans hundreds of thousands of deployed network elements across the world, supporting some of the industry's most complex networks.

Utilities face growing pressure to modernize the grid, integrate distributed energy resources, improve reliability and strengthen cybersecurity. Meeting these requirements demands communications networks that support both legacy operational technologies and next-generation digital applications. Ribbon's market-leading critical infrastructure portfolio enables utilities to evolve confidently and at their own pace while preserving operational continuity and protecting mission-critical services.

"Utilities must modernize their networks, strengthen cyber resilience and support new digital grid initiatives without disrupting core operations," said Sam Bucci, EVP and COO at Ribbon. "Our expanded portfolio enables them to bridge legacy and next-generation requirements on a single, modern platform."

The new NPT 1022M and NPT 2104 build on the proven capabilities of existing platforms including the NPT 1012D and NPT 2714. Combined with Ribbon's IP rNOS routing software, optical networking portfolio and Muse multilayer automation platform (MAP), these technologies further strengthen Ribbon's ability to support the converged IT/OT communications networks that underpin modern utility operations.

Designed to address the demanding requirements of utility network modernization, Ribbon's solutions support teleprotection, SCADA, operational voice, always-on OT operations, deterministic packet transport (MPLS-TP, SR-TE), scalable IP/MPLS networking and class D timing for precise frequency and time synchronization across the grid.

These capabilities enable utilities to introduce advanced monitoring, automation, video, distributed energy resource management and smart grid analytics while modernizing their communications infrastructure without compromising operational continuity.

Ribbon's robust features includes:

Muse, which delivers critical infrastructure-focused automation and AI-enabled capabilities that simplify deployment, operations and management.

Advanced circuit emulation legacy for 64 kbit/s PCM services alongside advanced 100GbE and 400GbE interfaces

Built-in quantum-safe security and MACsec

IEC 61850 compliance and IEEE 1613 class B certification

Fully integrated IPoDWDM

"These innovations provide a strong foundation for utilities transitioning from TDM to IP-MPLS and segment routing architectures while preserving the reliability and performance essential to their operations," Mr. Bucci added. "They enable utilities to support both legacy and modern services on a common architecture while maintaining operational continuity."

About Ribbon

Ribbon Communications (Nasdaq: RBBN) is a global provider of voice communications software, IP routing, and optical networking to mobile and wireline service providers, enterprises, critical infrastructure and defense sectors. We support our customers' Path to Autonomous Networks by leveraging the latest AIOps automation platforms and Agentic AI technologies, helping them deliver better customer experiences, reduce operational costs, and achieve sustainable growth. To learn more about Ribbon, visit rbbn.com.

Important Information Regarding Forward-Looking Statements

The information in this release contains forward-looking statements regarding future events that involve risks and uncertainties. All statements other than statements of historical facts contained in this release, including those regarding the expected benefits from use of Ribbon Communication's products, are forward-looking statements. The actual results of Ribbon Communications may differ materially from those contemplated by the forward-looking statements. For further information regarding risks and uncertainties associated with Ribbon Communications' business, please refer to the "Risk Factors" section of Ribbon Communications' most recent annual or quarterly report filed with the SEC. Any forward-looking statements represent Ribbon Communications' views only as of the date on which such statement is made and should not be relied upon as representing Ribbon Communications' views as of any subsequent date. While Ribbon Communications may elect to update forward-looking statements at some point, Ribbon Communications specifically disclaims any obligation to do so.

Investor Contact

+1 (978) 614-8050

ir@rbbn.com

Media Contact

Catherine Berthier

+1 (646) 741-1974

cberthier@rbbn.com 

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How a Small IT Team Solved Juneau's Cruise-Season Dead Zone Without Hiring a Single Person

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Northriver IT

Sep 01, 2026, 08:00 ET

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When 16,000 extra visitors a day overwhelmed cellular networks in Alaska's capital, the city turned to Northriver IT for a fully managed public Wi-Fi network that now offloads over twenty terabytes of traffic and serves 103,000-plus unique users a month

JUNEAU, Alaska, Sept. 1, 2026 /PRNewswire/ -- Every summer, cruise season transforms downtown Juneau: up to sixteen thousand extra visitors a day, all reaching for their phones at once. Point-of-sale systems failed. Parking kiosks stopped working. Basic calls wouldn't connect. The downtown library became an accidental Wi-Fi hub, drawing crowds outside just to get a signal. After carriers offered no fix, the City and Borough of Juneau decided to build its own network and turned to Northriver IT to design, deploy, and manage it.

Working with Cambium Networks' ONE Network platform, Northriver IT stood up a high-density outdoor Wi-Fi 6 network anchored by 60 GHz wireless backhaul, avoiding the fiber trenching Juneau's mountainous, dock-heavy terrain would have required. Core infrastructure was live within roughly forty-five days. The network has since offloaded twenty to thirty-plus terabytes of cellular traffic and supported over 103,000 unique users in a single 30-day peak-season stretch — more than three times Juneau's year-round population with no added headcount or daily attention from the city's own IT staff.

"There was no cell phone signal or really spotty slow cell signal when the ships were in dock during summer tourism season." — Chris Murray, IT Director, City and Borough of Juneau

Seamless Passpoint 2.0 authentication let most visitors connect automatically with no password required; a detail city officials say was central to the network's success.

"We built this the way we build every network: solve the real problem, then get out of the way. Juneau's team shouldn't have to think about this Wi-Fi, and now they don't." — Chaz Hager, Northriver IT

Complaints dropped to zero during peak season. The network now runs on a seasonal schedule, remotely managed by Northriver IT with no daily lift from city staff, and Juneau is already planning coverage into more waterfront zones.

Click here to read the full story.

ABOUT NORTHRIVER IT

Northriver IT is a customer-focused managed services provider specializing in secure network infrastructure, cloud solutions, and cybersecurity. With 20 years of experience, we help organizations design, implement, and manage reliable technology environments that support long-term success. www.northriverit.com.

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Golden Isles Development Authority Builds on Momentum Through Strategic Investment, Business Growth, and Workforce Progress

NEWS PROVIDED BY

Golden Isles Development Authority

Sep 01, 2026, 08:00 ET

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Fiscal year 2026 brought $70 million in new investment alongside business expansion, workforce outreach, and site development that strengthened Brunswick and Glynn County's long-term economic competitiveness. 

BRUNSWICK, Ga., Sept. 1, 2026 /PRNewswire/ -- The Golden Isles Development Authority (GIDA) has released its 2026 Year in Review, highlighting another year of strategic progress as the organization attracted investment, supported existing industries, strengthened workforce initiatives, and advanced key development sites across Brunswick and Glynn County.

During fiscal year 2026, GIDA helped facilitate $70 million in new capital investment and 91 new jobs; aided the expansion of five existing businesses; expanded workforce outreach efforts that engaged approximately 6,000 educators, students, parents, and community members; and advanced industrial sites that will help position the Golden Isles for future business growth.

"This year, we continued bolstering the businesses that already call Glynn County home while attracting new investment and preparing sites for future opportunities," said Ryan Moore, President & CEO of the Golden Isles Development Authority. "Combined with our ongoing workforce initiatives, those efforts are helping to build the foundation for sustained economic growth across the Golden Isles."

GIDA's highlights from the fiscal year include:

Facilitated $70 million in new capital investment, creating 91 new jobs through Project Parrot, continued investment at Hillpointe, and other business activity.

Supported the expansion of five existing Glynn County employers: Troy Acoustics, Jered, Quaker City Plating, Brewer Technologies, and RSW.

Reached approximately 6,000 educators, parents, students, and community members through Keep Glynn Running workforce initiatives.

Increased visits to GIDA's available-property web pages by 144% and digital engagement across platforms by 38%, helping showcase Glynn County to prospective businesses and site selectors.

Advanced Mallard Industrial Park, expanding opportunities for future industrial development, along with construction of a new industrial entrance serving the Georgia Breakbulk Logistics Park.

Partnered with many of Glynn County's largest employers, including GP Cellulose, King and Prince Seafood, Gulfstream, Rich Products, and International Auto Processing.

The organization also exceeded its goal for consultant-driven business development, with 38% of project opportunities originating through site selection consultants and brokers, reflecting GIDA's investment in relationship-building and national business recruitment efforts.

Beyond business attraction, GIDA continued developing a broader workforce strategy to help employers recruit and retain talent while supporting the region's long-term economic growth.

"Our success is built on collaboration," said Bill Dawson, Chair of the GIDA Board of Governors and retired General Manager of Operations, Georgia Ports Authority. "Every project, every partnership, and every workforce initiative represents people working together to strengthen the Golden Isles. The accomplishments of fiscal year 2026 demonstrate GIDA's ongoing commitment to helping businesses and communities thrive."

For more information about GIDA's initiatives or to read the full 2026 Year in Review, visit https://goldenislesdev.com/report/.

About the Golden Isles Development Authority

The Development Authority is the organization that is tasked with the creation of jobs and investment in Glynn County through the retention, expansion, and attraction of business and industry. Its mission is to ensure that Brunswick and Glynn County have a strong business climate that encourages the growth of existing industries and is an attractive location for prospective businesses.

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Sentric Specialty and Neumann Advisory Services Announce Strategic Partnership for Product Safety Risk Management

NEWS PROVIDED BY

Sentric Specialty

Sep 01, 2026, 08:00 ET

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Exclusive relationship pairs Sentric Specialty's coverage for food and beverage companies with NAS's real-world product safety expertise to support clients before and after an event

NOVATO, Calif., Aug. 28, 2026 /PRNewswire/ -- Sentric Specialty today announced an exclusive strategic relationship with Neumann Advisory Services, LLC (NAS), a nationally recognized product safety and risk management advisory firm. Through this relationship, Sentric Specialty's eligible policyholders will receive exclusive access to NAS's specialized expertise in product safety, regulatory compliance, food safety, recall preparedness, crisis management and response, and enterprise risk reduction.

The relationship reflects a shared commitment to helping food and beverage manufacturers proactively identify, assess, and mitigate product-related risks before they become costly incidents, insurance claims, or public safety risks. By combining industry-leading underwriting capabilities with practical operational and regulatory expertise, Sentric Specialty is expanding the value it delivers well beyond traditional insurance coverage.

"Insurance is most valuable when it helps prevent losses, not simply respond to them," said Florian Beerli, CEO of Sentric Specialty. "This exclusive relationship allows us to offer our policyholders access to specialized expertise that helps strengthen risk management programs, improve operational resilience, and reduce both the frequency and severity of product-related events."

"Organizations today face increasingly complex product safety, regulatory, and supply chain risks," said Melanie Neumann, President of NAS. "Together with Sentric Specialty, we are creating a unique offering that gives policyholders access to practical, real-world guidance from experienced industry professionals before, during, and after critical events."

Unlike traditional insurance programs that primarily respond after a loss has occurred, this exclusive relationship integrates proactive risk management with insurance protection. Eligible policyholders gain access to experienced advisors who help identify vulnerabilities, strengthen preventive controls, improve recall readiness, and enhance organizational resilience, helping reduce operational disruptions, protect brand reputation, and lower the overall cost of risk. The result is a more comprehensive approach to product safety risk management that helps organizations prevent incidents whenever possible and respond more effectively when they occur. Brokers with questions can contact Nick Keyser, Global Head of Distribution, at nkeyser@sentricins.com.

About Sentric Specialty 

Sentric Specialty is a specialty managing general agent focused on niche and emerging risks. Built on the Balavant platform, Sentric gives brokers direct access to experienced underwriters who understand complex risks and are committed to delivering thoughtful, responsive service. Sentric Specialty's inaugural product, Manufacturing Defect Protection, closes a long-standing gap by expanding Product Recall coverage to include Manufacturers E&O. For more information, visit sentricins.com.

About Neumann Advisory Services, LLC 

NAS is a specialized product safety and enterprise risk management advisory firm providing strategic consulting, regulatory guidance, incident/crisis management, recall preparedness, and technical risk reduction services to manufacturers and consumer products companies. The firm's experienced professionals help organizations strengthen preventive controls, improve operational resilience, and protect consumers, brands, and business continuity. For more information, visit neumannadvisory.com.

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Kalohexis Appoints Garry Menzel, Ph.D., to Board of Directors

NEWS PROVIDED BY

Kalohexis

Sep 01, 2026, 08:00 ET

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Dr. Menzel brings over 30 years of global healthcare executive leadership with broad experience in building successful companies

NORTHBROOK, Ill., Sept. 1, 2026 /PRNewswire/ -- Kalohexis, Inc., a clinical-stage biotechnology company harnessing the melanocortin system to shape the next era of metabolic disease care starting with obesity and cancer cachexia, today announced the appointment of Garry Menzel, Ph.D., to its Board of Directors.

"Garry is a seasoned global healthcare executive with a very strong track record in advising and leading successful life sciences companies," said Russell Potterfield, Chief Executive Officer of Kalohexis. "He has used those skills in many situations that are relevant for Kalohexis and proven himself adept at integrating effectively with different teams to produce lifesaving therapies. I look forward to working with him as we advance our differentiated melanocortin-based approach to restoring metabolic balance."

Dr. Menzel is a senior global healthcare executive and investor with a diverse background in science, strategy, finance and operations. He currently serves as an Operating Partner at Global Healthcare Opportunities (GHO) Capital, Europe's leading healthcare specialist private equity firm. Previously, he was the President and Chief Executive Officer of oncology company TCR² Therapeutics, which he led from concept to clinical success while raising more than $500 million before its strategic merger with Adaptimmune in 2023. He also co-founded Black Diamond Therapeutics, a Fierce 15-winning clinical-stage precision oncology company and continues to serve on its Board of Directors where he is Chair of the Audit Committee. Prior executive leadership roles included serving as Chief Financial Officer of Fortune 500 company DaVita HealthCare Partners and as Chief Operating Officer of Regulus Therapeutics, which was sold to Novartis for $1.7 billion. Recently, he served on the Board of genetic disease company Stoke Therapeutics.

Dr. Menzel began his life sciences career in an advisory role, first as a strategy consultant with Bain then as an investment banker with Goldman Sachs and Credit Suisse where he led their global biotechnology franchises. During his investment banking tenure, Dr. Menzel worked on more than $100 billion in transactions, including many that were transformative for the industry. These ranged from IPOs to M&A.

"Kalohexis has the opportunity to transform the treatment of obesity with 710GO by enabling healthier, more durable weight loss in general obesity without the limitations seen with incretins, such as loss of lean muscle mass and weight rebound following treatment cessation," said Dr. Menzel. "I am passionate about developing novel therapies and look forward to working with Kalohexis as the team advances its melanocortin-based pipeline, which also includes mifomelatide for cancer cachexia, where there are currently no FDA-approved treatment options."

Dr. Menzel received his Ph.D. in Biochemistry and Molecular Biology from St. John's College, University of Cambridge, his M.B.A. from the Stanford University Graduate School of Business, and his B.Sc. with Honors in Biochemistry from Imperial College of Science & Technology, London.

About Kalohexis, Inc. 

Kalohexis, Inc. is a clinical-stage biotechnology company, spun out of Endevica Bio in March 2026, shaping the next era of metabolic disease care by harnessing the melanocortin system, the body's natural regulator of metabolic homeostasis, to help people live healthier lives. Kalohexis' therapeutic peptide candidates are designed to safely and effectively drug central melanocortin-3 and -4 receptors (MC3R/MC4R) to treat many metabolic disorders. Kalohexis' lead pipeline programs are 710GO, an oral dual MC3R/MC4R agonist to induce healthier, more durable weight loss in general obesity, and mifomelatide, a dual MC3R/MC4R antagonist to treat cachexia in patients with advanced cancers. For more information, visit www.kalohexis.com or follow us on LinkedIn and X. 

Investor and Media Contact:

Argot Partners

kalohexis@argotpartners.com

SOURCE Kalohexis

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