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Lafaye tte Square Financing Supports NewSpring Holdings Acquisition of C Speed

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MIAMI, Nov. 26, 2024 /PRNewswire/ — Lafayette Square announced today that it has provided debt capital to support the NewSpring Holdings, LLC (“NewSpring”) acquisition of C Speed, LLC (“C Speed”), a leading provider of advanced radar systems and engineering solutions for civilian and military use globally.  

Founded in 1996 and headquartered in Liverpool, New York, C Speed manufactures radars, provides surveillance products as well as surveillance-as-a-service offerings through its software defined radio IP, and supports the modernization of legacy ground-based radars. With this acquisition, NewSpring intends to provide C Speed with strategic guidance, greater resources and human capital to meet the advanced needs of the U.S. Government.

“With increasing demand for innovative, cost-effective security and surveillance solutions, C Speed’s expertise in radar systems and technology integration presents a unique investment opportunity,” said Tom Mullin, Director, Lafayette Square. “C Speed understands the value of partnering with government, given its long-standing relationships in the federal services sector. We look forward to partnering with NewSpring to help drive the company’s future growth.” 

“We are excited to embark on this next chapter with support from NewSpring and Lafayette Square,” said David Lysack, President & CEO of C Speed. “By partnering with NewSpring and Lafayette Square, we can continue to advance our technology and expand into markets that truly need our solutions.” 

“C Speed’s proven expertise in radar systems and solutions is aligned with our strategic growth within the government services sector,” said Lee Garber, General Partner, NewSpring. “With funding from Lafayette Square and a shared commitment to supporting and empowering C Speed’s talented workforce, we are well-positioned to enhance our technological offerings, drive innovation, and broaden our impact across key sectors.” 

In addition to financing, Lafayette Square offers its portfolio companies access to Worker Solutions™, a custom-built platform that seeks to measurably improve employee retention, well-being, and productivity by connecting management teams to a curated list of third-party service providers that offer nontraditional benefits for their employees. By delivering these solutions, Lafayette Square aims to reduce operational risk for its portfolio companies, help them attract and retain talent, and improve job quality. 

About C Speed, LLC

C Speed is a leading provider of advanced radar systems and engineering solutions for both civilian and military applications. The company specializes in the design, prototyping, and manufacturing of state-of-the-art radar systems, with a particular focus on radar receivers, exciters, and signal processors. C Speed has built a strong reputation through its collaborations with major defense contractors and government agencies, including the U.S. Air Force, U.S. Army, U.S. Navy, Department of Homeland Security (DHS) and NATO. Their product portfolio includes the “LightWave Software Defined Radar Platform,” designed as a cost-effective, software-based, alternative for legacy radar modernization while also providing new surveillance radars to their customers. With over 30 years of experience in the radar industry, C Speed continues to innovate, providing essential support to national and international defense initiatives.

About NewSpring

NewSpring is a lower-middle market focused private equity firm that partners with the innovators, makers, and operators of high-performing companies in dynamic industries to catalyze new growth and seize compelling opportunities. The Firm manages approximately $3.5 billion across five distinct strategies covering the spectrum from growth equity and control buyouts to mezzanine debt. Having completed over 250 investments, NewSpring brings a wealth of knowledge, experience, and resources to take growing companies to the next level and beyond. Partnering with management teams to help develop their businesses into market leaders, NewSpring identifies opportunities and builds relationships using its network of industry leaders and influencers across a wide array of operational areas and industries. To learn more, visit www.newspringcapital.com

About Lafayette Square

Lafayette Square invests in middle market companies while positively supporting people and communities. We believe the demand for capital in businesses headquartered outside of high-income places is an overlooked opportunity. We seek investment opportunities that stimulate economic growth across the United States through the creation and preservation of working-class jobs. For more information, please visit www.lafayettesquare.com.

Media Contact:
Jansel Murad
Dukas Linden Public Relations
646-722-6537
lafayettesquare@dlpr.com

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SOURCE Lafayette Square Holding Company

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Omni Workspace is pleased to announce Lori Murray as General Manager of Atmosphere Commercial Interiors’ New Mexico location

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MINNEAPOLIS, Nov. 26, 2024 /PRNewswire/ — Omni Workspace is pleased to announce Lori Murray as General Manager of Atmosphere’s Albuquerque location serving New Mexico and El Paso, Texas effective September 22, 2024. Atmosphere Commercial Interiors, a multi-year recipient of the Steelcase Premier Partner award, is headquartered in Minneapolis, Minnesota, with additional offices in Wisconsin, Illinois, Arizona, New Mexico, and Texas. Atmosphere has a rich history in the office furniture industry, serving organizations around the globe. With Steelcase and a portfolio of vendors, they provide comprehensive support across people, process, and place, helping clients integrate architecture, furniture, and technology, to create inspiring environments where people can do their best work.

This is a promotion for Lori who has been with the company for over eleven years in various leadership positions. In her new role Lori will be responsible for directing and leading the region’s vision, mission, values, team performance, business planning, and results. Her team includes Sales, Project Management, Design, and Client Services. This leadership role will also provide direction and support in developing team members while preserving a workplace culture that is motivating, inspiring, and rewarding. As General Manager, Lori will be a key member of Atmosphere’s leadership team and contribute to the company’s direction and long-term strategic planning.

Jeff Anderson, Chief Sales Officer, is thrilled to welcome Lori to her new role. “This is a well-deserved promotion for Lori. She has been a “go-to” resource for operations, sales, and IT support for many years, making her the perfect candidate to step into this position. She has the respect of her co-workers and the confidence of our senior leadership team behind her. There is no doubt she will continue to positively impact the organization with transformational results.”

Lori is looking forward to her new role. “I have the benefit of knowing many team members both professionally and personally and I value every one of them. It takes all of us to succeed. My new role puts me in a position to support their efforts on a greater scale, clear any obstacles to their success, and capitalize on the incredible resources available to us. I am humbled and proud to have been given this opportunity to make a difference in such a dynamic organization.”

About Omni Workspace

Omni Workspace provides strategic oversight and resources to a portfolio of Steelcase and commercial facility services businesses that serve leading organizations across corporate, healthcare, education, hospitality, and sports industries. Omni’s distinctive brands, including Atmosphere Commercial Interiors, Emerald Blue, Meso, and Turnkey Project Services, serve organizations in many ways, all with a focus on delivering superior products and services. Each brand demonstrates market-leadership in its category, and we are united under the core principle of building long-term business relationships.

For more information, visit www.omniworkspace.com or www.atmosphereci.com.

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SOURCE Omni Workspace LLC

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‘ART ATTACK! The Dissection of Terrifier 3’ – New Behind-The-Scenes Film From The Producers Of ‘Pennywise: The Story Of IT’ – Coming Soon To Cineverse’s SCREAMBOX

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Explore the Blood-Soaked Creation of One of Horror’s Most Iconic Villains With Exclusive Cast and Crew Interviews

LOS ANGELES, Nov. 26, 2024 /PRNewswire/ — Cineverse Corp. (NASDAQ: CNVS), an innovative streaming technology and entertainment company, today announced ART ATTACK! The Dissection of Terrifier 3, a behind-the-scenes film that gives fans an exclusive look into the making of Terrifier 3, in theaters now. Art Attack! will be released exclusively on SCREAMBOX, Cineverse’s horror streaming service, in early 2025.

This SCREAMBOX Original will offer interviews with director Damien Leone, producer Phil Falcone and the cast, along with never-before-seen footage and insights into the film’s intense production process.

As Art the Clown continues to shock audiences, ART ATTACK! will reveal how the creative team brought the third installment’s brutal kills and intricate effects to life. The behind-the-scenes film provides an intimate look into the horror franchise’s production, showcasing the dedication that made Terrifier 3 one of the most intense films of the year.

ART ATTACK! is produced by Cult Screenings UK, the team behind Screambox’s Pennywise: The Story of It, RoboDoc and Hollywood Dreams & Nightmares: The Robert Englund Story. Gary Smart and John Campopiano directed and produced alongside Adam Evans and Christopher Griffiths. Erick Opeka, Yolanda Macias, Brandon Hill and Brad Miska serve as Executive Producers for Cineverse alongside Hank Starrs and Laurence Gornall for Cult Screenings UK Ltd.

“ART ATTACK! is an extraordinary look at how Damien, Phil and team took Terrifier 3 to new levels of horror. Fans will get an in-depth view of the artistry and craft that pushed the boundaries of the genre and lead to the #1 Movie in America,” said Brandon Hill, Executive Director of Acquisitions at Cineverse.

“The team is honored to be working with Cineverse again, and in particular showcasing the tremendous work of Damien Leone and his team to bring the iconic character Art the Clown back on the big screen in Terrifier 3,” said Smart at Cult Screenings UK.

The deal was negotiated by Brandon Hill on behalf of Cineverse, and Laurence Gornall on behalf of Unannounced Film Company.

Terrifier 3 opened nationwide on October 11, 2024, just in time for Halloween. The film was released by Cineverse and Bloody Disgusting, its horror division, in theaters across North America.

For ticket information, visit terrifier3.com.

ABOUT TERRIFIER 3

After surviving Art the Clown’s Halloween massacre, Sienna and her brother are struggling to rebuild their shattered lives. As the holiday season approaches, they try to embrace the Christmas spirit and leave the horrors of the past behind. But just when they think they’re safe, Art the Clown returns, determined to turn their holiday cheer into a new nightmare. The festive season quickly unravels as Art unleashes his twisted brand of terror, proving that no holiday is safe.

Starring David Howard Thornton, Lauren Lavera, Elliott Fullam, Samantha Scaffidi, Antonella Rose, Margaret Anne Florence, Bryce Johnson, Alexa Blair, Mason Mecartea, Krsy Fox, Clint Howard, Jon Abrahams with Chris Jericho, Daniel Roebuck, and Jason Patric.

Written and directed by Damien Leone and produced by Phil Falcone, Terrifier 3 comes courtesy of Dark Age Cinema Productions and The Coven.

TEASER TRAILER: www.youtube.com/watch?v=lYMTzx2Qcmw

OFFICIAL RED BAND TRAILER: www.youtube.com/watch?v=egI9GUIjeYE

ABOUT SCREAMBOX 

Stream. Scream. Repeat. Powered by Bloody Disgusting, SCREAMBOX delivers every type of terror imaginable — Supernatural, Slashers, Classics, Zombies, Extreme, Psychological, Cult, Underground, Banned Movies and more. Discover horror you won’t find anywhere else and visit www.screambox.com for more information. SCREAMBOX is available to stream on iOS, Android, Prime Video, YouTube TV, Comcast and screambox.com.

ABOUT CINEVERSE

Cineverse’s advanced, proprietary technology drives the distribution of over 70,000 premium films, series, and podcasts to more than 150 million unique viewers monthly. From providing a complete streaming solution to some of the world’s most recognizable brands, to super-serving their own network of fan channels, Cineverse (NASDAQ: CNVS) is powering the future of entertainment. For more information, please visit cineverse.com.

Contacts:

For Media
The Lippin Group for Cineverse, cineverse@lippingroup.com

For Investors
Julie Milstead, investorrelations@cineverse.com

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SOURCE Cineverse Corp.

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Pulseway Unveils Groundbreaking AI-Driven Features in PSA, Redefining IT Efficiency with Pulseway Assist

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Unleashing AI to streamline ticketing, automate workflows and empower MSPs to deliver smarter IT solutions

DUBLIN, Nov. 26, 2024 /PRNewswire-PRWeb/ — Pulseway, a leader in remote monitoring and management (RMM) and Professional Services Automation (PSA), has announced a significant leap in its PSA capabilities with the launch of Pulseway Assist, an advanced AI-driven enhancement designed to revolutionise IT ticketing and business workflows. This breakthrough is powered by a strategic partnership with Microsoft Azure, a trusted leader in AI technology, ensuring the innovation is built on a reliable and cutting-edge foundation.

Pulseway Assist is a monumental step forward for MSPs and IT partners looking to streamline their workflows and day-to-day operations, manage tickets with greater efficiency, and deliver exceptional results.

The new AI-powered functionality within Pulseway’s PSA platform leverages cutting-edge technology to automate complex processes, reduce operational friction, and optimise service delivery for Managed Service Providers (MSPs) and IT departments. This advancement underscores Pulseway’s commitment to empowering IT professionals by providing innovative tools to meet the ever-evolving demands of the industry.

Edgar Zacharjev, SVP of Product and Strategy at Pulseway, explained, “Pulseway Assist is a monumental step forward for MSPs and IT partners looking to streamline their workflows and day-to-day operations, manage tickets with greater efficiency, and deliver exceptional results. By harnessing the power of AI, we’re enabling our partners to offload repetitive, time-consuming tasks and focus on strategic, high-value activities.”

Pulseway Assist seamlessly integrates AI capabilities into the PSA platform, making ticketing management smarter, faster and more effective. Its intelligent features allow for the instant summarization of tickets, helps technicians create smart and professional responses to their end-users and generates concise and simple summaries of resolved tickets for improved documentation – all tailored to maximise the efficiency of MSPs and IT professionals.

Zacharjev added, “Our mission has always been to provide MSPs and IT professionals with tools that simplify their work and make their services more impactful. Pulseway Assist embodies that vision, offering our partners an unprecedented ability to work smarter, not harder. This isn’t just an upgrade; it’s a new way of approaching IT service management.”

About Pulseway

MMSOFT Design, Ltd. is the maker of Pulseway, a mobile-first that helps Managed Service Providers and IT administrators look after their IT infrastructure on the go and transform their IT operations and services. Pulseway is used by over 13,000 businesses worldwide including BestBuy, DELL, Louis Vuitton, Canon and Siemens.

Media Contact

Victoria Boryaeva, Pulseway, 353 857464649, victoria.boryaeva@pulseway.com, https://www.pulseway.com/

Twitter, LinkedIn

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SOURCE Pulseway

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