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Argonaut Manufacturing Services Divests Life Sciences and Diagnostics Division to 1315 Capital

CARLSBAD, Calif.--(BUSINESS WIRE)--Argonaut Manufacturing Services (Argonaut), a leading contract development and manufacturing organization (CDMO) specializing in aseptic fill-finish of high value injectable biologics and pharmaceuticals, announced the completed sale of its Life Sciences and Diagnostics (LSDx) division to 1315 Capital, a Philadelphia-based healthcare-focused private equity firm. The LSDx business will operate independently as Aluris Sciences, with 1315 Capital supporting its c...
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A-Rent Announces Majority Growth Investment from Bregal Sagemount

BURR RIDGE, Ill. & NEW YORK--(BUSINESS WIRE)--A-Rent Test Equipment, LLC (“A-Rent” or the “Company”), a leading provider of electrical test equipment rentals, calibration, and asset management services, today announced a majority growth investment from Bregal Sagemount (“Sagemount”), a leading growth-focused private equity firm. The partnership will support A-Rent’s continued expansion and its commitment to helping customers maintain safe, reliable electrical infrastructure. Founded in 2019 by...
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New Hobart Self-Shielded Flux-Cored Wires Offer Robust Mechanical Properties

TROY, Ohio--(BUSINESS WIRE)--Hobart Brothers LLC announces the availability of two new self-shielded flux-cored wires, the Fabshield® FE80 and FE81....
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Mitsubishi Electric US, Inc. Appoints Limor Spector to Oversee Innovation Organizations Across the Americas

CYPRESS, Calif.--(BUSINESS WIRE)--Mitsubishi Electric US, Inc. has appointed Limor Spector as Senior Vice President, Innovation, Ventures & Commercialization....
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BRAVO Group Hires Construction Industry Veteran Jay Badame as Chief Operating Officer

NEW YORK--(BUSINESS WIRE)--BRAVO Group, a full-service management firm in the AEC industry, today announced it has hired Jay Badame as Chief Operating Officer. With close to five decades of experience leading some of the most high-profile projects across New York and the country, Mr. Badame will help oversee and grow the firm's portfolio of public- and private-sector projects, with a special focus on construction management and driving new design-build opportunities. "I have had the privilege o...
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HBS Expands National Reach into Georgia

ATLANTA--(BUSINESS WIRE)--HBS, a national government affairs firm, today announced the opening of its Georgia office in Atlanta and the addition of Caroline Womack as Managing Principal. "Since 2018, we have grown to 11 state offices and an office in Washington, D.C., strengthening our footprint where policy gets made," said Andy Blunt, HBS CEO. "Georgia was next on that list, and Caroline is the reason we can say yes with confidence. She has spent more than two decades earning the trust of Geo...
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Bye Aerospace Awarded FAA Special Airworthiness Certificate for eFlyer 2

DENVER--(BUSINESS WIRE)--Bye Aerospace, a pioneer in sustainable aviation delivering FAA-certified, all-electric aircraft, today announced that it has completed a critical milestone as it progresses toward the first flight of eFlyer 2, the company’s flagship 2-seater all-electric training aircraft. Following a detailed aircraft inspection, the Federal Aviation Administration (FAA) awarded Bye with a Special Airworthiness Certificate for eFlyer 2. The inspection occurred at the Centennial Airpor...
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ACS Announces 191,000 Square-Foot Manufacturing Facility to Expand Production of Bullfrog Counter-Drone System

AUSTIN, Texas--(BUSINESS WIRE)--ACS, a precision robotics company for defense, today announced a new 191,000 square-foot manufacturing facility in Austin, Texas to rapidly scale production of its Bullfrog™ autonomous weapon station. The expansion will enable ACS to meet the accelerating demand for Bullfrog from U.S. and allied nations facing the escalating threat of low-cost weaponized drones.Bullfrog, which combines computer vision, autonomous control, and precision robotics with existing weapo...
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American Equipment Solutions Acquires BC Wire Rope & Rigging

SALT LAKE CITY--(BUSINESS WIRE)--American Equipment Solutions (“AES” or “American Equipment”), a national provider of overhead crane and hoist solutions and a portfolio company of Rotunda Capital Partners (“Rotunda”), announced the acquisition of BC Wire Rope & Rigging (“BC Wire Rope”), a full-service provider of wire rope, slings, chain, hoists and rigging equipment headquartered in Anaheim, California. Founded in 1974, BC Wire Rope operates six branch locations across California, Arizona...
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Cornerstone Building Brands Appoints Matthew Garth as Chief Financial Officer

CARY, N.C.--(BUSINESS WIRE)--Cornerstone Building Brands appoints Matthew Garth as CFO, adding a seasoned leader with expertise in growth and transformation....