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VLogic Systems Receives Strategic Growth Investment from Northrim Horizon

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The Investment will Support VLogic’s Strong Growth Trajectory and Continued Product Expansion.

CONCORD, Mass., June 12, 2024 /PRNewswire-PRWeb/ — Concord, Massachusetts, USA, June 12, 2024 – VLogic Systems, Inc. (“VLogic”), a leading, cloud-based, integrated workplace management (“IWMS”) and Connected Portfolio Intelligence Platform (“CPIP”) SaaS provider, today announced that Northrim Horizon has made a strategic growth investment in the high growth IWMS and CPIP provider.

“We appreciate Northrim’s recognition of our rapid growth, enthusiasm for our customer-acclaimed software, and deep commitment to our long-term success, as a leading, global provider of cloud-based IWMS and CPIP software and services,” George T. Koshy, VLogic CEO and Founder

VLogic is the developer of VLogicFM®, a FedRAMP® authorized, cloud-based SaaS solution for both federal and commercial enterprises. This highly integrated workplace solution includes modules that provide IoT sensor-based occupancy tracking, hybrid workplace reservation functionality, space management capabilities, asset management, preventative maintenance, and on-demand work order and service request modules. All this robust, enterprise-class software functionality is accessible over a user-friendly web browser-based application and on native Android/iOS apps.

“My team and I are thrilled that Northrim has become our growth partner. Their investment, along with our recent FedRAMP authorization from the U.S. federal government, are both significant catalysts for VLogic’s next major phase of growth,” said VLogic’s CEO and Founder, George T. Koshy. “We appreciate Northrim’s recognition of our rapid growth, enthusiasm for our customer-acclaimed software, and deep commitment to our long-term success, as a leading, global provider of cloud-based IWMS and CPIP software and services.”

“VLogic’s best-in-class IWMS and CPIP platform has led them to achieve phenomenal growth,” said Tyler Duke, Partner at Northrim Horizon. “With recent FedRAMP approval, we’re excited to continue that growth with VLogic’s full suite of IWMS and CPIP solutions to federal clients as well as corporate, healthcare, and education customers. We recognize the tremendous business this team has built and Northrim is committed to building upon that foundation for decades to come.”

“Verdantix research shows that there’s continued interest from investors and customers for broad-based IWMS offerings, with 51% of real estate and facilities management executives planning to increase spend on IWMS”, said Joy Trinquet, Senior Analyst, Verdantix. “Northrim Horizon’s investment into VLogic Systems will provide the vendor with opportunities to grow its market footprint and further develop its solution, allowing it to compete in the CPIP market.”

VLogic’s management team will continue supporting the company going forward with room for new hires to support additional growth initiatives. George Koshy will continue to serve as CEO with Duane Harris being promoted to President.

VLogic anticipates that this new investment partnership will strengthen its capacity to meet the needs of its existing global customers as well as continue to enhance its product offerings and services as it continues to expand its customer base.

Wellesley Hills Financial and lead technology investment banker, Shivang Amin, acted as exclusive advisor to VLogic in the transaction.

About VLogic Systems, Inc.

VLogic Systems, Inc., an integrated workplace management software (“IWMS”) and Connected Portfolio Intelligence Platform (“CPIP”) pioneer, provides cloud-based SaaS solutions. Its flagship SaaS software solution, VLogicFM, is used by federal and commercial customers to maximize the value of enterprise physical facilities, assets, and utilization. Our VLogicFM® solution optimizes space and move management, hybrid workplaces, space occupancy—using Internet-of-Things (IoT) based sensors, asset tracking, preventive maintenance, on-demand work orders, and engineering drawings management. VLogic Systems Inc. is headquartered in Concord, MA, USA. For more information, go to www.vlogicsystems.com.

About Northrim Horizon

Northrim Horizon is a private equity firm that acquires leading software and services businesses with the intent to own those businesses indefinitely. Northrim builds long-term value by reinvesting its earnings into its companies and people. The firm is based in Mesa, Arizona. For more information, visit www.northrimhorizon.com.

Contacts

Media:

VLogic Systems, Inc:

Terry Holmes

pr@vlogicsystems.com

Northrim Horizon:

Adam Moesel

amoesel@northrimhorizon.com

Media Contact

Terry Holmes, VLogic Systems, inc., 1 978-341-9000 414, pr@vlogicsystems.com, https://www.vlogicsystems.com

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View original content:https://www.prweb.com/releases/vlogic-systems-receives-strategic-growth-investment-from-northrim-horizon-302171019.html

SOURCE VLogic Systems, inc.

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ManpowerGroup Launches “Work Intelligence” Lab to Lead AI-Powered Workforce Transformation

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New research hub leverages real-time workforce data from 70+ countries to help organizations navigate AI and automation’s impact on jobs

MILWAUKEE, May 13, 2025 /PRNewswire/ — With over half of employers (53%) already leveraging AI tools in their hiring and onboarding processes, ManpowerGroup today announced the launch of the Work Intelligence Lab. This groundbreaking initiative brings together the company’s proprietary real-time data, global insights, and industry-leading research to help organizations and individuals navigate the rapidly changing future of work as artificial intelligence transforms jobs and skills.

Powered by ManpowerGroup’s unique position in the global labor market—placing millions of people annually across more than 70 countries—the Work Intelligence Lab houses a comprehensive real-time workforce data ecosystem; from real-time hiring data to consumer perspectives on the future of work and forward-looking employer insights on hiring trends. All delivering enhanced visibility into employer demand and worker sentiment, offering a holistic view of how AI and automation are transforming roles, skill needs, and career trajectories.

“Work is the engine of society, helping us build, connect, and unlock value from ideas. As we face unprecedented change from AI, automation, and the transition to greener economies, understanding the future of work becomes critical as it shapes the future of people,” said Becky Frankiewicz, ManpowerGroup Chief Commercial Officer and Regional President, North America. “The Work Intelligence Lab will provide a front-row perspective on the multi-faceted transformation already underway and is how we will listen, partner, and act in building the future of work.”

The Work Intelligence Lab will serve as ManpowerGroup’s hub for analyzing workforce trends and developing innovative, data-driven solutions.

“What sets the Work Intelligence Lab apart from traditional think tanks is its real-time pulse on the global labor market, powered by more than 22 billion data points and growing from across the world,” Mara Stefan, Vice President of Global Insights at ManpowerGroup, said. “This living laboratory goes beyond passive observation by embracing a co-creation model that embeds clients directly into the innovation process. By bringing together employers’ evolving needs, workers’ expectations, and ManpowerGroup’s deep expertise, we’re building practical, forward-looking workforce solutions that address today’s most urgent labor market challenges.”

For more information about the Work Intelligence Lab and to access its resources, visit: https://go.manpowergroup.com/work-lab

ABOUT MANPOWERGROUP
ManpowerGroup® (NYSE: MAN), the leading global workforce solutions company, helps organizations transform in a fast-changing world of work by sourcing, assessing, developing, and managing the talent that enables them to win. We develop innovative solutions for hundreds of thousands of organizations every year, providing them with skilled talent while finding meaningful, sustainable employment for millions of people across a wide range of industries and skills. Our expert family of brands – Manpower, Experis, and Talent Solutions – creates substantially more value for candidates and clients across more than 70 countries and territories and has done so for more than 75 years. We are recognized consistently for our diversity – as a best place to work for Women, Inclusion, Equality, and Disability, and in 2025 ManpowerGroup was named one of the World’s Most Ethical Companies for the 16th time – all confirming our position as the brand of choice for in-demand talent.

For more information, visit www.manpowergroup.com, or follow us on LinkedIn, Facebook, and Bluesky.

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/manpowergroup-launches-work-intelligence-lab-to-lead-ai-powered-workforce-transformation-302453669.html

SOURCE ManpowerGroup

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Project Equity partners with Zolidar to scale Employee Ownership with digital tools and advisor training

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New partnership integrates intuitive software with education to accelerate employee ownership adoption nationwide

OAKLAND, Calif., May 13, 2025 /PRNewswire-PRWeb/ — Project Equity, a national leader in advancing employee ownership, has announced a new strategic partnership with Zolidar, a SaaS platform that uses AI and data science to simplify succession planning and employee ownership (EO) transitions for small and medium businesses.

“This partnership is a game-changer for scaling impact,” said Evan Edwards, CEO at Project Equity. “It bridges the gap between learning and doing—empowering advisors to confidently guide EO transitions and giving business owners a self-directed path to explore their options.”

This collaboration marks a major step forward in Project Equity’s mission to scale the employee ownership movement and create more sustainable, equitable local economies. It brings together Project Equity’s nationally recognized EO Advantage learning platform with Zolidar’s software-driven approach to guiding owners through their exit journey, helping them evaluate if employee ownership is not only mission-aligned, but also a smart, strategic fit for their business. Together, they aim to address a critical gap: the 3 million retirement-age business owners in the U.S. who lack a succession plan, preventing them from unlocking the wealth they’ve built in their businesses and putting employees and communities at risk.

“This partnership is a game-changer for scaling impact,” said Evan Edwards, CEO at Project Equity. “It bridges the gap between learning and doing—empowering advisors to confidently guide EO transitions and giving business owners a self-directed path to explore their options.”

Zolidar equips advisors and business owners with AI-powered tools that reduce friction in exit planning and business readiness. Its Day Zero Guide is a personalized self-evaluation for owners at the very beginning of their journey that compares exit paths, including employee ownership. The Aha Planner provides a pre-feasibility valuation and exit readiness plan, while Zolid AI serves as a real-time copilot, offering context-aware support and surfacing relevant resources throughout the transition process. Complementing these tools is The Grid, Zolidar’s collaborative platform for the small and medium business ecosystem. The Grid features an AI-enhanced wiki, advisor directory, and discussion forum, allowing users to build visibility and contribute to a shared knowledge base around exit planning and EO transitions. By supporting early-stage education and planning, Zolidar strengthens the pipeline of businesses ready for EO and makes transition conversations more actionable.

Through the partnership, graduates of EO Advantage training will gain direct access to Zolidar’s tools, empowering them to apply their new skills immediately in real-world engagements.

“We built Zolidar to demystify employee ownership and give advisors and business owners a practical roadmap,” said Ashish Agrawal, CEO and Founder of Zolidar. “Working with Project Equity supercharges that vision—connecting our software with high-impact education and one of the most trusted organizations in the field.”

The collaboration reflects a growing movement to expand access to employee ownership through smarter infrastructure and cross-sector collaboration. While many founders still struggle to find successors or understand their options, this partnership helps close the gap between awareness and execution, empowering professionals, advisors and local economies alike.

Project Equity

Project Equity is a national leader in the movement to harness the power of employee ownership to maintain thriving local business communities, honor selling owners’ legacies, and address income and wealth inequality. Project Equity works with partners around the country to raise awareness about employee ownership as an exit strategy for business owners, and provides hands-on consulting, support and capital to companies that want to transition to employee ownership.

Zolidar

Zolidar is a SaaS and AI copilot platform helping small and medium businesses navigate exit planning, business valuation considerations and employee ownership transitions. With tools like the Day Zero Guide, Aha Planner, and Zolid AI, Zolidar equips advisors and owners to explore more practical and viable exits. While employee ownership is often overlooked, it’s increasingly recognized as a viable path for the $10 trillion worth of U.S. SMBs, with growing support from bipartisan policymakers and investors. Learn more at zolidar.com.

EO Advantage

EO Advantage is Project Equity’s suite of professional learning products designed to equip business advisors with the knowledge and tools to guide clients through employee ownership transitions. From introductory courses to advanced certification programs, EO Advantage empowers advisors to deepen their expertise and activate EO strategies in real-world scenarios. The program includes EO ExitPro 101, modular training paths, and the Certified Employee Ownership Advisor (CEOA) designation—building a national network of EO-ready professionals.

Media Contact

Dallas Shelby, Project Equity, 1 3017932759, dallas@project-equity.org, project-equity.org

View original content:https://www.prweb.com/releases/project-equity-partners-with-zolidar-to-scale-employee-ownership-with-digital-tools-and-advisor-training-302450493.html

SOURCE Project Equity

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Waaree Solar Americas Inc. Announces $200 Million Incremental Investment, Expanding US Operations to $1.2 Billion in the US Market

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BROOKSHIRE, Texas, May 13, 2025 /PRNewswire/ — Waaree Solar Americas Inc. a wholly owned subsidiary of Waaree Energies Limited announces an additional $200 million investment at the U.S. Department of Commerce’s SelectUSA Investment Summit in Washington D.C. This incremental investment will focus specifically on Battery Energy Storage, enhancing our technological capabilities and driving the mass-scale adoption of cost-efficient energy solutions across the USA. In a previous announcement, parent company Waaree Energies Ltd. committed to investing up to $1 billion in the US solar ecosystem. This brings the total commitment to $1.2 billion by 2028.

 

 

This expansion is part of Waaree Group’s ongoing commitment to the US market and its strategic vision for cost-efficient energy solutions.

Dr. Amit Paithankar, Wholetime Director and CEO, Waaree Energies Limited, added, “The additional $200 million investment in Battery Energy Storage will not only enhance our technological capabilities but also drive the mass-scale adoption of cost-efficient energy solutions across the USA. Our decision to invest was primarily driven by the significant market potential in the energy sector. We are proud to contribute to the economic development and job creation in the communities we serve.”

This expansion is expected to create an additional 300-500 jobs over the next few years, adding to the 1,500 jobs already announced. In total, Waaree Solar Americas Inc’s investment will generate approximately 1,800-2,000 new jobs, reflecting our dedication to driving growth and innovation in the energy sector while contributing to economic development in the communities we serve.

Waaree Group chose to invest in the United States for several compelling reasons. The US boasts one of the largest and most dynamic energy markets in the world, offering significant opportunities for growth and innovation. Additionally, the US is at the forefront of technological advancements, particularly in AI and data centers, which require substantial and reliable power sources. Our investment aligns with these growing demands. Furthermore, solar energy is currently the cheapest source of power and the fastest to commission, making it an ideal choice for our expansion efforts.

Waaree Solar Americas Inc. recently announced the expansion of its solar module manufacturing facility in Brookshire, Texas. The facility, which currently operates at 1.6 GW capacity, and soon will be expanded to 3.2 GW.

For Further Information, Please Contact :

Waaree Energies
Manasi Patni 
Corporate Communications & PR
Mob: +919833926435
Email: manasipatni@waaree.com

Logo: https://mma.prnewswire.com/media/2585961/Waaree_Americas_Logo.jpg

View original content:https://www.prnewswire.com/news-releases/waaree-solar-americas-inc-announces-200-million-incremental-investment-expanding-us-operations-to-1-2-billion-in-the-us-market-302454239.html

SOURCE Waaree Energies Limited

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