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Trianz Announces Strategic Growth Capital Investment by Capital Square Partners

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SANTA CLARA, Calif., Feb. 21, 2024 /PRNewswire/ — Digital transformation software and services firm Trianz crossed a significant milestone in its journey in the form of a major growth equity investment from Capital Square Partners (CSP), based out of Singapore. Financial terms of the private transaction were not disclosed.

In 2020, Trianz concluded from a global digital transformation study that companies worldwide would face three major barriers in their digital evolution: ever-shrinking competitive windows to transform, hard-to-find digital-ready talent, and financial uncertainties. Thus began a journey of its own transformation, with Trianz disrupting its value proposition and business model from pure-play services to an ‘IP Led’ model. With a vision to deliver the fastest time to value, lowest human dependence, and highest ROI, Trianz built hyper-automated platforms in data and analytics, AI, cloud, and the digital workplace. The company’s relentless pursuit of a new model for transformation has resulted in pivotal milestones, beginning with the acquisition of some of its analytics IP by Amazon in late 2021, and the launch of cutting-edge, zero-code, and SaaS platforms in employee experience, cloud, and data transformations, which are now hosted on AWS.

The company’s flagship platforms—Concierto.Cloud (Migrate, Manage, and Maximize the multi-hybrid cloud); Extrica.AI (Data to AI); and Pulse (Digital Workplace)—deliver industry-leading transformations measured in speed, lower manual efforts, AI, and ROI. Trianz-developed IP is in use by thousands of AWS customers, and its cloud and data/AI platforms see great momentum in partnership with cloud providers. These digital transformation platforms are expected to power over 50% of the company’s new revenues moving forward.

“The impact of a company’s failure to transform on time is enormous on all its stakeholders—customers, partners, employees, leadership, and shareholders. Our ‘Digital Platforms Led’ model accelerates the reinvention of a company’s digital evolution and enables new value propositions which automatically propel it forward,” said Sri Manchala, CEO of Trianz. “Our ‘IP-Led’ model relies on zero-code, SaaS platforms to revolutionize the cloud, data, and employee journeys for companies from global to emerging enterprises across industries. These being hosted on AWS with Extrica.AI now certified and listed on the AWS Marketplace signifies the robustness of our platforms. And undoubtedly, customer success from this new approach gives us enormous pride, satisfaction, and motivation to do more.”

The transformative journey of Trianz itself over the past few years has been remarkable. Trianz thought differently during an unprecedented pandemic and global uncertainties and executed relentlessly. Rajeev Srivastava and Mukesh Sharda, Managing Partners of CSP, jointly said, “We are excited and proud to join forces with Trianz as it shapes a new model for digital transformations for companies worldwide.”

“We have turned a vision we outlined in 2021 into a reality today. This financial partnership with CSP comes at a time when private equity investments into tech-enabled services have shrunk significantly over the past two years. It is a testimony of the success we are delivering to customers and a result of the efforts of Trianz leaders and associates and guidance from our board,” said Sri. “We consummated this partnership with CSP based on the efforts they made to understand the Trianz business, customers, our paradigm shift, and their commitment towards creating an environment that fosters innovation and rapid scaling. Even as we celebrate this success, we recognize the responsibility that comes with it. Trianz will continue pushing boundaries in becoming a leader in digital transformations, delivering value, and setting new benchmarks in the industry,” added Sri.

About Trianz

Founded in California and with an organization of over 2,000 associates across the United States and India, Trianz accelerates the digital evolution of companies from strategy through execution and sustenance. Based on a vision outlined in his book, ‘Crossing the Digital Faultline: 10 Rules of Highly Successful Leaders,’ and an interview with Bloomberg Quint, Sri and the leadership team at Trianz have created a unique, multi-disciplinary, and IP-Led model which enables client transitions to new value propositions, digitalized processes, and great stakeholder experiences utilizing analytics, digital, cloud, infrastructure, and cybersecurity technologies.

Trianz is a Premier Partner of AWS, and its portfolio of technologies and services has been rated #1 for business impact by a Fortune 1000 client base for five years in a row. Trianz has been ranked as one of the best Consulting Firms by Forbes and has been certified as a Great Place to Work for three years in a row. To learn more about Trianz, email reach@trianz.com or visit www.trianz.com.

Sri Manchala’s interview with Bloomberg can be viewed on Partner | Crossing The Digital Faultline & Leading Towards Transformative Success – YouTube . More information about Crossing the Digital Faultline can be found at Crossing the Digital Faultline | Trianz.

About Capital Square Partners

Founded in 2014 in Singapore, CSP is a private equity firm investing in cross-border technology and business services across Southeast Asia and India. As a sector-focused fund manager with $1.5 billion under management, CSP is one of the largest dedicated technology and technology-enabled business services private equity fund managers in Asia. Over the past decade, the team has invested, created, and exited a number of leading companies in the technology services sector, including Minacs, Indecomm, GAVS Technologies and Accion Labs. CSP holds a Capital Markets Services (CMS) License from the Monetary Authority of Singapore.

www.capitalsquarepartners.com 

About the Transaction

The investment transaction with Capital Square Partners was led entirely by the corporate development team at Trianz. Legal advice was provided by Menon Associates (India) and Greenberg Traurig (London, UK).

Trianz Media Team
media.contact@trianz.com 
+1-408-387-5800

Logo: https://mma.prnewswire.com/media/626944/1199800/Trianz_Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/trianz-announces-strategic-growth-capital-investment-by-capital-square-partners-302067359.html

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MINTO APARTMENT REIT ANNOUNCES NOVEMBER 2024 CASH DISTRIBUTION

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̶  Amount represents a 3% increase from previous level  ̶

OTTAWA, ON, Nov. 15, 2024 /CNW/ – Minto Apartment Real Estate Investment Trust (the “REIT”) (TSX: MI.UN) today announced a cash distribution of $0.04333 per REIT unit for the month of November 2024. Payment will be made on December 16, 2024 to unitholders of record as at November 30, 2024.

As previously announced, the amount of the November distribution represents a 3% increase from the prior level, resulting in an increase in the annualized amount of the REIT’s distribution from $0.505 per unit to $0.52 per unit.

About Minto Apartment Real Estate Investment Trust

Minto Apartment Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario to own income-producing multi-residential properties located in urban markets in Canada. The REIT owns a portfolio of high-quality income-producing multi-residential rental properties located in Toronto, Montreal, Ottawa and Calgary. For more information on Minto Apartment REIT, please visit the REIT’s website at: https://www.mintoapartmentreit.com.

Forward-Looking Statements

This news release may contain forward-looking statements (within the meaning of applicable securities laws) relating to the business of the REIT. Forward-looking statements are identified by words such as “believe”, “anticipate”, “project”, “expect”, “intend”, “plan”, “will”, “may”, “estimate” and other similar expressions. These statements are based on the REIT’s expectations, estimates, forecasts and projections and include, without limitation, statements regarding the intended monthly distributions of the REIT. The forward-looking statements in this news release are based on certain assumptions, including without limitation that the REIT will have sufficient cash to pay its distributions. They are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. A number of factors could cause actual results to differ materially from the results discussed in the forward-looking statements, including, but not limited to, the factors discussed and referenced under the heading “Risks and Uncertainties” in the REIT’s Q3 2024 management’s discussion and analysis dated November 12, 2024, which is available at www.sedarplus.ca. There can be no assurance that forward-looking statements will prove to be accurate as actual outcomes and results may differ materially from those expressed in these forward-looking statements. Readers, therefore, should not place undue reliance on any such forward-looking statements. Further, these forward-looking statements are made as of the date of this news release and, except as expressly required by applicable law, the REIT assumes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

SOURCE Minto Apartment Real Estate Investment Trust

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Equinox, Inc. Provides Notification of Cybersecurity Incident

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ALBANY, N.Y., Nov. 15, 2024 /PRNewswire/ — Equinox, Inc. (“Equinox”), a nonprofit provider of various counseling and health services, has learned of a cybersecurity incident that involved the personal and / or protected health information belonging to certain current and former clients, and to a number of staff. On November 15, 2024, Equinox formally notified potentially affected individuals with available address information and provided resources to assist them.

On April 29, 2024, Equinox discovered unusual activity within its digital environment. Upon discovering this activity, Equinox immediately took steps to secure its systems and enlisted independent cybersecurity forensic experts to conduct an investigation. During this time, Equinox was vigilant and able to safely minimize any disruptions to its daily operations and service delivery.

As a result of an independent forensic investigation into the incident, Equinox learned that an unauthorized actor accessed and potentially acquired certain files stored within its internal systems. Following a comprehensive review of the potentially affected data, on September 16, 2024, Equinox determined that certain employee and client information may have been subject to the unauthorized access. This information varies between individuals, but may have included names, addresses, dates of birth, Social Security numbers, passport numbers, financial account information, driver’s license and/or state identification number, medical treatment or diagnosis information, health insurance information, and/or medication-related information.

Equinox has no evidence that any of the information potentially impacted in connection with this incident has been misused. Nonetheless, Equinox has implemented additional security features to help prevent similar incidents from occurring in the future. Equinox has also reported this matter to the NYS Attorney General, NYS Division of State Police, NYS Department of State’s Division of Consumer Protection, and the Federal Office of Civil Rights.

Notification letters were mailed to impacted individuals on November 15, 2024. The letters include information about this incident and about steps that potentially impacted individuals can take to monitor and help protect their personal and protected health information. Equinox has established a toll-free call center to answer questions about the incident and to address related concerns. The call center can be reached at (866) 531-3185, Monday through Friday from 9:00 AM to 9:00 PM Eastern time.

The privacy and protection of its clients and staff and their private information is a top priority of Equinox. Equinox deeply regrets any inconvenience or concern this incident may cause.

Equinox, Inc. is a human services agency with deep roots in the Capital Region dating back to 1947. Equinox provides compassionate services and life-enhancing opportunities to youth and adults—and their families—who are impacted by domestic violence, substance use and addictions, mental health disorders, homelessness, and the challenges of living amid poverty and violence.

View original content:https://www.prnewswire.com/news-releases/equinox-inc-provides-notification-of-cybersecurity-incident-302307303.html

SOURCE Equinox, Inc.

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Greenberg Traurig Helps United Way Worldwide Launch Star-Studded Hurricane Relief Benefit

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Global law firm Greenberg Traurig, LLP provided a variety of legal support to United Way Worldwide in support of its Benefit for Hurricane Relief.

WASHINGTON, Nov. 15, 2024 /PRNewswire-PRWeb/ — Global law firm Greenberg Traurig, LLP provided a variety of legal support to United Way Worldwide in support of its Benefit for Hurricane Relief.

The one-hour special, a collaborative effort with Paramount Global that aired on CBS Television and CMT Nov. 2., brought together leading artists from across genres to mobilize communities and raise critically needed funds for relief and recovery efforts to support communities across the Southeast United States that were devastated by Hurricanes Helene and Milton.

The televised fundraising event featured performances by acclaimed artists including Brittney Spencer, Chris Janson, Clay Aiken, Jonathan McReynolds, and Tyler Hubbard. The special also included appearances by numerous entertainment industry luminaries such as the Backstreet Boys, Blake Shelton, Kelsea Ballerini, Stephen Colbert, and the Zac Brown Band, alongside community heroes Mark Starling and Tank Spencer.

The Greenberg Traurig team was led by Labor & Employment Shareholder Johnine P. Barnes in Washington, D.C., and Entertainment, Media & Sports Shareholder Paul Sarker in New York.

Learn more about the benefit event on United Way’s website.

About Greenberg Traurig: Greenberg Traurig, LLP has more than 2750 attorneys in 48 locations in the United States, Europe and the Middle East, Latin America, and Asia. The firm is a 2024 BTI “Leading Edge Law Firm” for delivering on client expectations for the future and is consistently among the top firms on the Am Law Global 100 and NLJ 500. Greenberg Traurig is Mansfield Rule Certified Plus by The Diversity Lab. The firm is recognized for powering its U.S. offices with 100% renewable energy as certified by the Center for Resource Solutions Green-e® Energy program and is a member of the U.S. EPA’s Green Power Partnership Program. The firm is known for its philanthropic giving, innovation, diversity, and pro bono. Web: http://www.gtlaw.com.

Media Contact

Jacob Fischler, Greenberg Traurig, LLP, +1 202.533.2373, fischlerj@gtlaw.com, https://www.gtlaw.com/en

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View original content:https://www.prweb.com/releases/greenberg-traurig-helps-united-way-worldwide-launch-star-studded-hurricane-relief-benefit-302307415.html

SOURCE Greenberg Traurig, LLP; Greenberg Traurig, LLP

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