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Riverside Expands Dastex Group with pure11 Acquisition

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3 months ago

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Third Add-on Enhances Product Portfolio and Market Reach in the DACH Region

CLEVELAND, Oct. 2, 2024 /PRNewswire/ — The Riverside Company (Riverside), a global investment firm focused on the smaller end of the middle market, announced an affiliated European fund has signed a definitive agreement to invest in pure11 GmbH (pure11), a German distributor of consumables for cleanrooms and other controlled environments, from its founders. The investment is the third add-on in 16 months to Riverside’s portfolio company Dastex Group GmbH (Dastex), a specialized cleanroom garment and consumables distributor in Europe. Closing of the deal is subject to customary approvals by the competent regulatory authorities.

 

 

Founded in 2007, pure11, through third-party brand distribution as well as its proprietary brand CELOS®, offers a broad product portfolio including gloves, wipes, disposable garments, and swabs. The company, headquartered in Grünwald, Germany, primarily serves customers from the pharmaceutical and semiconductor industries, but also optical glass, automotive, and pharmacies.

Damien Gaudin, Partner at Riverside Europe who led the deal, commented: “With pure11, Dastex continues its expansion strategy in Europe, acquiring a sizeable independent cleanroom consumables player in the DACH region. The company has established a robust market presence through its experienced commercial sales force and strategic distribution partners. This success is further bolstered by maintaining strong relationships with suppliers and leveraging its strong technical expertise. Besides strengthening Dastex’s market positioning in the DACH region, the addition of pure11 will further improve the product offering of the Group, diversify end-market exposure, and enable Dastex to integrate a strong management team in place at pure11.” 

The owner and Managing Director of pure11, Julian Kropp, added: “I am incredibly proud of the pure11 team’s success over the past years. The strategic combination with Dastex is the right move for pure11, which will enable us to reach ambitious growth targets even faster by leveraging the combined strengths of two top notch companies. The entire management team and I are excited to start the next chapter, as there couldn’t be a better partner sharing our values of strong commitment, excellence in services, and product innovation. We are convinced that our customers, suppliers, and employees will benefit significantly from this new partnership.”

Linda Vereycken, CEO of Dastex, stated: “Alongside the rest of our management team, I am delighted to announce the strategic acquisition of pure11, which promises mutual benefits and growth for the Group. Pure11 has rapidly built its market position in Germany and neighboring countries. Acquiring pure11 consolidates the strengths of two complementary firms, enhancing our cleanroom expertise and services. This move is a significant stride toward establishing our position as one of the leading cleanroom specialists in the EU, with the goal of becoming the most trusted partner for our clients. This acquisition highlights Dastex’s ability to identify opportunities that align with our values, vision, and European expansion strategy.”

Riverside acquired Dastex and its first add-on Vita Verita mid-2023. Continuing its buy-and-build strategy, the company added AET, a leading independent player in Norway, in April 2024. The acquisition of pure11 marks another step towards building a leading European platform in cleanroom contamination control, well-positioned to grow organically and via acquisitions. Dastex serves the resilient and growing cleanroom industry, helping customers in pharmaceuticals, life sciences, semiconductor and other high-tech industries to meet ever stricter quality and regulatory standards.

Working with Gaudin on the deal for Riverside were Vice Presidents Maxime Meulemeester and Nicola Tomaschko, Senior Associate Sebastiaan Pauwels and Senior Legal Counsel Peter Parmentier.

About The Riverside Company

The Riverside Company is a global investment firm focused on being one of the leading private equity and flexible capital options for business owners and portfolio company employees at the smaller end of the middle market by seeking to fuel transformative growth and create lasting value. Since its founding in 1988, Riverside has made more than 1,000 investments. The firm’s international private equity and flexible capital portfolios include more than 140 companies.

Riverside Europe is an integral part of the Riverside’s broad global network and has been active in Europe since 1989. Riverside believes a truly global presence provides insight into local conditions, culture and business practices, making team members better business partners. For more information, visit: www.riversidecompany.com.

Contact:

Keith Davisson

Marketing Consultant

The Riverside Company

+1 216 -535 -1777

kdavisson@riversidecompany.com

Henrietta Hirst

Partner

Hydra Strategy

+44 7880 742 375

henrietta.hirst@hydrastrategy.co.uk

Logo – https://mma.prnewswire.com/media/2521175/Riverside_Company_logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/riverside-expands-dastex-group-with-pure11-acquisition-302264736.html

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OneView Expands Omnichannel Store Fulfillment Leadership with Batch Picking, Omni Returns and FindIt

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December 30, 2024

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The solution sets the standard for store fulfillment with associate-optimized work processes to source, pick, pack and deliver omnichannel orders from stores 

BOSTON, Dec. 30, 2024 /PRNewswire/ — OneView Commerce, a leader in composable point of sale and omnichannel store solutions, today announced the launch of new features in their Omnichannel Order Fulfillment suite, including Batch Picking, Omni Returns and FindIt instant inventory location that combine to extend store personnel’s ability to quickly and efficiently manage high-value omnichannel orders. Working with retail innovators, OneView has taken the lead and delivered into production an ultra-modern composable commerce platform that replaces legacy point of sale solutions and provides the agility needed to overcome competitive threats faced by brick-and-mortar retailers. The company is demonstrating the platform, including these new features, at NRF 2025 Retail’s Big Show & EXPO in New York on January 12-14, in booth 4480. 

The store holds tremendous power as the hub of seamless engagement to create long-term brand loyalty

“Since the beginning of the cross-channel into omnichannel movement, we have stood by the principle that the store holds tremendous power as the hub of seamless engagement to create long-term brand loyalty,” said OneView Chief Executive Officer Linda Palanza. “This began with bringing the first retailer-driven omnichannel solution into production within a few months in 2014 and remains today with our continuous delivery of new cloud features that optimize associate and store workflows, empower every store as a warehouse and maximize store efficiency while delighting customers.”

OneView closes 2024 as a highly successful year that included the go-live of multiple retail innovators now managing thousands of retail stores across dozens of countries. OneView’s prioritization of scalability and efficiency in the platform, leveraging the most powerful cloud technologies, is a proven strategy with the platform’s success running complex, highly modern store estates across the globe.

OneView’s Composable Commerce solution, including point of sale, omnichannel fulfillment, real-time store inventory and multichannel promotions, will be shown in Booth 4480 at NRF ’25 at the Jacob Javits Center in New York from January 12-14, 2025.

About OneView Commerce 
OneView Commerce creates the digital pathway to transform store engagement with a composable platform for point of sale, mobility, real-time inventory and omnichannel store fulfillment. By synthesizing data and transaction execution to the ‘omnichannel moment of action,’ OneView empowers digital reach into stores, improves inventory accuracy, reduces out of stocks and provides actionable insight into active baskets with every product scan. Leading retailers use OneView to overcome legacy constraints by unlocking store technology and empowering associates and customers with click-to-brick engagement across the buying journey that drives loyalty and retention. Learn more at www.oneviewcommerce.com or follow us on LinkedIn.

OneView is a trademark of OneView Commerce. All other trademarks belong to their respective companies.

Contact:                                 
Lexy Johnson
OneView Commerce, Inc.                                                                                         
617.279.0549 x716 | pr@oneviewcommerce.com

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SOURCE OneView Commerce, Inc.

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IT Availability Celebrates a Culture of Giving and Highlights Chosen Charities

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52 minutes ago

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December 30, 2024

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VIENNA, Va., Dec. 30, 2024 /PRNewswire/ — IT Availability LLC, a leading provider of innovative technology solutions, is proud to celebrate its ongoing commitment to a culture of giving by highlighting the impactful work of its chosen corporate charities. As the company marks its 10th year of operation, it continues to support and champion organizations that make a significant difference in the lives of many.

Supporting Those Who Make a Difference

At the heart of IT Availability’s corporate culture is a deep commitment to social responsibility and community support. This year, the company proudly supports four remarkable charities: The Shadow Warriors Project, St. Jude Children’s Research Hospital, Tunnel to Towers, and the Central Intelligence Agency Officers Memorial Foundation. Each of these organizations embodies values that resonate deeply with IT Availability’s mission and ethos.

The Shadow Warriors Project

The Shadow Warriors Project provides crucial support to private security contractors who have been injured in the line of duty. Their work ensures that these brave individuals receive the medical care, financial assistance, and emotional support they need to recover and rebuild their lives. IT Availability is honored to support an organization that stands by those who have risked their lives in service to others.

St. Jude Children’s Research Hospital

St. Jude Children’s Research Hospital is renowned for its pioneering research and treatment of pediatric catastrophic diseases. Their mission to advance cures and means of prevention for pediatric catastrophic diseases is a cause that IT Availability is proud to support. By contributing to St. Jude, IT Availability helps ensure that no child is denied treatment based on race, religion, or a family’s ability to pay.

Tunnel to Towers Foundation

The Tunnel to Towers Foundation honors the sacrifice of firefighter Stephen Siller, who laid down his life to save others on September 11, 2001. The foundation supports first responders, military heroes, and their families by providing mortgage-free homes and other forms of financial assistance. IT Availability is privileged to support Tunnel to Towers in their mission to honor and support those who serve our nation.

Central Intelligence Agency Officers Memorial Foundation

The Central Intelligence Agency Officers Memorial Foundation provides educational scholarships and support to the children and spouses of CIA officers who have died in the line of duty. IT Availability is proud to support an organization that ensures the families of fallen heroes receive the educational opportunities and support they deserve.

A Celebration of Generosity at the 2024 Holiday Party

The 2024 Holiday Party at the prestigious Tower Club was a testament to IT Availability’s culture of giving. Attended by over 111 dedicated employees and their loved ones, the event featured a thrilling raffle draw, exciting prizes, and, most importantly, an opportunity to celebrate and support the company’s chosen charities.

Founder and CEO, Chuck Dickens, and his lovely bride, Aew, took the opportunity to capture the spirit of the evening with photographs alongside representatives from each of the supported charities. These images, capturing the essence of IT Availability’s commitment to giving, will serve as a lasting testament to the company’s dedication to its community partners.

A Corporate Culture Rooted in Giving

“At IT Availability, we believe in the power of giving back and making a difference,” said Chuck Dickens, Founder and CEO. “Supporting these incredible organizations is not just about donations; it’s about recognizing and amplifying the good work they do every day. We are immensely proud to be part of a community that values generosity and social responsibility.”

Looking Ahead

As IT Availability continues its journey of growth and success, it remains steadfast in its commitment to fostering a culture of giving. The company looks forward to deepening its partnerships with these charities and exploring new ways to support and celebrate their invaluable contributions to society.

To learn more information about IT Availability and its community initiatives, please visit https://www.itavailability.com/ or contact Chuck Dickens.

About IT Availability LLC

Founded in 2015, IT Availability LLC is an innovative technology firm led by former senior technology executives from the U.S. Intelligence Community. The company specializes in IT enterprise services, cybersecurity, communications solutions, and data center infrastructure and services. With a focus on providing tailored solutions anchored in cutting edge industry practices, IT Availability leverages a vast network of partnerships from across industry and government to ensure innovative outcomes.

Media Contact:

Chuck Dickens
Founder/CEO
IT Availability LLC
cdickens@itavailability.com
571-594-3992
www.itavailability.com

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SOURCE IT Availability

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USPS Stamps Its Approval on Allen Toussaint’s Musical Legacy with 48th Black Heritage Stamp

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52 minutes ago

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December 30, 2024

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WASHINGTON, Dec. 30, 2024 /PRNewswire/ —

What:

The 48th stamp in the Black Heritage series honors the legendary musician and songwriter Allen Toussaint (1938-2015). An icon of New Orleans music, Toussaint’s contributions to rhythm and blues (R&B), jazz, and rock ‘n’ roll have left an enduring mark on American music.

The first-day-of-issue event for the Allen Toussaint Black Heritage stamp is free and open to the public. News of the stamp is being shared with the hashtags #AllenToussaintStamp and #BlackHeritageStamp.

Who:

Gary Barksdale, chief postal inspector, U.S. Postal Inspection Service

Quint Davis, chief executive officer, Festival Productions Inc.

When:

Thursday, Jan. 30, 2025, at 11 a.m. CST

Where:

George and Joyce Wein Jazz & Heritage Center

1225 N. Rampart St

New Orleans, LA 70116

RSVP:

Attendees are encouraged to register at usps.com/blackheritagestamp 

Background:

Music icon Allen Toussaint’s legacy continues to inspire. A prolific pianist, singer, songwriter, composer, arranger and producer, Toussaint left an indelible mark on New Orleans music and beyond.

His legendary career spanned decades, producing countless hits and collaborations with a wide array of artists. From classic songs such as “Fortune Teller” and “Southern Nights” to his behind-the-scenes work, Toussaint’s influence continues to resonate globally.

President Barack Obama recognized Toussaint with the National Medal of Arts in 2013. His previous honors include induction into the Blues Hall of Fame in 2012, the Songwriters Hall of Fame in 2011, the Louisiana Music Hall of Fame in 2009, and the Rock & Roll Hall of Fame in 1998. In 2022, the New Orleans City Council renamed Robert E. Lee Boulevard for Toussaint, who lived on the four-mile-long thoroughfare during the last years of his life.

Ethel Kessler, an art director for USPS, designed the stamp using a photograph by Bill Thompkins.

The Allen Toussaint stamp will be issued in panes of 20. Forever stamps will always be equal in value to the current First-Class Mail 1-ounce price.

Postal Products

Customers may purchase stamps and other philatelic products through the Postal Store at usps.com/shopstamps, by calling 844-737-7826, by mail through USA Philatelic or at Post Office locations nationwide. For officially licensed stamp products, shop the USPS Officially Licensed Collection on Amazon. Additional information on stamps, First Day of Issue Ceremonies and stamp inspired products can be found at StampsForever.com.

Please Note: The United States Postal Service is an independent federal establishment, mandated to be self-financing and to serve every American community through the affordable, reliable and secure delivery of mail and packages to 169 million addresses six and often seven days a week. Overseen by a bipartisan Board of Governors, the Postal Service is implementing a 10-year transformation plan, Delivering for America, to modernize the postal network, restore long-term financial sustainability, dramatically improve service across all mail and shipping categories, and maintain the organization as one of America’s most valued and trusted brands.

The Postal Service generally receives no tax dollars for operating expenses and relies on the sale of postage, products and services to fund its operations.

For USPS media resources, including broadcast-quality video and audio and photo stills, visit the USPS Newsroom. Follow us on X, formerly known as Twitter; Instagram; Pinterest; Threads and LinkedIn. Subscribe to the USPS YouTube Channel and like us on Facebook. For more information about the Postal Service, visit usps.com and facts.usps.com.

National contact: Felicia M. Lott
felicia.m.lott@usps.gov
usps.com/news

Local contact: Evelina B. Ramirez
evelina.b.ramirez@usps.gov
usps.com/news

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/usps-stamps-its-approval-on-allen-toussaints-musical-legacy-with-48th-black-heritage-stamp-302340107.html

SOURCE U.S. Postal Service

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