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Acorn Growth Companies Rebrands as Acorn Capital Management to Reflect Expanding Mission

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OKLAHOMA CITY, July 22, 2024 /PRNewswire/ — Acorn Growth Companies, a leading middle-market private equity firm specializing in aerospace, defense, intelligence, and space, is excited to announce its rebranding as Acorn Capital Management. This strategic name change aligns with Acorn’s continued growth and the development of multiple capital deployment strategies.

The unveiling of Acorn Capital Management at the prestigious Farnborough Air Show marks a pivotal moment in the firm’s history. For over twenty years, Acorn Growth Companies has been a trusted partner, investing in and supporting companies that drive innovation and excellence. As the firm continues to grow and diversify its investment strategies, the new name symbolizes a renewed focus on deploying capital in ways that address the strategic needs of these industries.

“Today marks a significant milestone for Acorn,” said Rick Nagel, CEO and Managing Partner. “This new name better represents our expanding vision and our dedication to supporting investments in areas of strategic importance. As Acorn continues to grow and develop innovative strategies for capital deployment, we remain committed to identifying and investing in opportunities that drive value and long-term success in the sectors we serve.”

Originally founded to provide early-stage capital, Acorn has evolved into a robust middle-market private equity firm investing in the aerospace sector. The recent launch of Acorn’s private credit fund, AltAero Aviation Finance, further solidifies Acorn’s commitment to diversifying its investment offerings and exploring opportunities beyond the traditional fund structure.

AltAero leverages Acorn’s extensive industry expertise and strong relationships to provide tailored financing solutions to companies operating in the aerospace sector. By filling the gap left by traditional leasing companies, AltAero aims to support the growth and development of businesses in this dynamic industry.

“AltAero enables Acorn to further support the aerospace industry and provide innovative financing solutions,” said Nagel. “By expanding its investment offerings and exploring non-traditional fund structures, Acorn is well-positioned to capitalize on emerging opportunities and drive further growth in this dynamic sector.”

Acorn has long been a leader in the aerospace and defense industry. The company was the first of its kind invited to join the Aerospace Industries Association (AIA). This prestigious membership extended Acorn a seat on the Board of Governors, marking a groundbreaking moment in AIA’s 100-year history. Acorn is also the first member of the financial community and a non-operator to serve on the Executive Committee.

Acorn’s inclusion brings a vital investor and capital perspective to the boardroom, addressing a long-standing underrepresentation of the financial sector in shaping policy and aligning with the Department of Defense (DOD) perspective. AIA’s bold decision to integrate the financial community’s voice underscores its commitment to a more inclusive and comprehensive approach to industry leadership and policy development.

“The need for the private sector to invest is stronger than ever, and Acorn is answering that call,” said Greg Agnew, Partner. “Our new name signifies not just a rebranding, but a renewed dedication to our partners, stakeholders, and the innovative companies we proudly support.”

About Acorn Capital Management 
Acorn Capital Management is a middle-market private equity firm focused exclusively on Aerospace, Defense, Space, and Intelligence. Acorn invests solely in operating companies that strive to enhance global mobility and protect national interests. Acorn has a formidable reputation in the industry and is recognized for its deep understanding of the Aerospace and Defense markets, with proprietary access to the best companies within these sectors. With operational expertise and its ability to lead and manage investments through variable economic and industry cycles, Acorn works in tandem with management to build its portfolio companies into significant market leaders.

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SOURCE Acorn Capital Management

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Zoomcar, Inc. Announces Adjournment of Annual Stockholders Meeting to October 1, 2024

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BENGALURU, India, Sept. 27, 2024 /PRNewswire/ — Zoomcar, Zoomcar Holdings, Inc. (“Zoomcar” or the “Company”) (NASDAQ: ZCAR), the NASDAQ-listed leading marketplace for self-drive car sharing, announced that the Annual Meeting of Stockholders, previously scheduled for September 26, 2024, has been adjourned to October 1, 2024. The meeting will reconvene virtually at 10:00 AM ET.

The adjournment will allow additional time for stockholders to cast their votes on the proposals outlined in the proxy materials. As described in the proxy materials previously distributed, stockholders as of the close of business on July 29, 2024, the record date, are entitled to participate in the Annual Stockholders Meeting.

Zoomcar encourages all stockholders to actively participate in the meeting and exercise their voting rights. Stockholders may cast their votes prior to the meeting by visiting www.proxyvote.com, or they can vote during the meeting by visiting www.virtualshareholdermeeting.com/ZCAR2024 or by calling 1-800-690-6903.

Additionally, if you require assistance with voting your shares or have any other questions in relation to the meeting, please contact the proxy solicitor on the direct line at +1 206-265-0326 or write at ksmith@advantageproxy.com.

About Zoomcar:

Founded in 2013 and headquartered in Bengaluru, India, Zoomcar is a leading marketplace for car sharing focused in India. The Zoomcar community connects Hosts with Guests, who choose from a selection of cars for use at affordable prices, promoting sustainable, smart transportation solutions in India.

Forward Looking Statement

This communication contains forward-looking statements that are subject to a number of risks and uncertainties, many of which are beyond the Company’s control. These forward-looking statements within the meaning under applicable law, can be identified by the use terms such as “may,” “will,” “aim,” “empower,” “estimate,” “intend,” “indicate,” “continue,” “promote,” “believe,” “boosting”, “elevate,” or “enhance,” or the negatives thereof, as well as other variations or comparable terminology. We ask that you read statements that contain these terms carefully because we believe this information is important for our investors and customers. Any forward-looking statement in this press release refers solely to what is accurate as of the day it is issued or based on assumptions that Zoomcar believes to be reasonable. The actual results and outcomes may materially differ due to various factors or events beyond our control which we may not be foreseeable at all times. We cannot guarantee or assure any plan, initiative, projection, goal, commitment, expectation, or prospect set forth in this press release can or will be achieved. We undertake no obligation to alter or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, save and except as required by law.

Press Contact:

Akarshit Gulati: akarshitg@avianwe.comBhagyashree Rewatkar: bhagyashree.rewatkar@zoomcar.com

Logo: https://mma.prnewswire.com/media/2517562/Zoomcar_Logo.jpg

 

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SOURCE Zoomcar Holdings, Inc.

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InventHelp Inventor Develops Assistive Device to Support Head (SCO-259)

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PITTSBURGH, Sept. 27, 2024 /PRNewswire/ — “I’m a certified nursing assistant, and I thought there could be a device to help support the head for patients with various disabilities,” said an inventor, from Sacramento, Calif., “so I invented the NOR- LIFT. My design would help keep the head straight in a simple and strain-free manner.”

The invention provides an effective way to support the head so it is straight. In doing so, it eliminates the strain and pain associated with attempting to elevate the head without assistance. As a result, it increases comfort, safety and support. The invention features a practical design that is easy to use so it is ideal for individuals with various disabilities that affect the head. Additionally, a prototype model and technical drawings are available upon request.

The original design was submitted to the Sacramento sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 23-SCO-259, InventHelp, 100 Beecham Drive, Suite 110, Pittsburgh, PA 15205-9801, or call (412) 288-1300 ext. 1368. Learn more about InventHelp’s Invention Submission Services at http://www.InventHelp.com.

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SOURCE InventHelp

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Amerisure’s SureConnect® Portal Wins 2024 Datos Insights Technology Award

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Amerisure Insurance is proud to announce that its flagship customer portal, SureConnect® has received a prestigious Datos Insights 2024 Insurance Technology Impact Award in the Digital category.

FARMINGTON HILLS, Mich., Sept. 27, 2024 /PRNewswire-PRWeb/ — Amerisure Insurance is proud to announce that its flagship customer portal, SureConnect® has received a prestigious Datos Insights 2024 Insurance Technology Impact Award in the Digital category. This accolade underscores Amerisure’s commitment to leading digital innovation in the insurance industry, enhancing customer satisfaction and streamlining operational efficiency.

“This award reflects our approach to partnering with customers and applying feedback to extend the SureConnect® difference,” said Amjed Al-Zoubi, Chief Information Officer at Amerisure.

SureConnect® is designed to enhance the insurance management process for policyholders, employees, and agency partners alike. It allows users to efficiently file claims, access loss data, and check claim statuses with reduced wait times and minimal manual intervention.

The recent enhancements to SureConnect® have yielded remarkable improvements: a reduction in customer onboarding time by over 60%, an increase in user satisfaction scores from 83 to 91, and a 16% increase in the value of the portal to agency customers. These advancements have not only improved the daily operations for Amerisure’s partners but have also significantly enhanced their overall experience.

“We are focused on the customer experience at Amerisure and recognize the growing importance of digital interactions in insurance,” said Amjed Al-Zoubi, Chief Information Officer at Amerisure. “This award reflects our approach to partnering with customers and applying feedback to extend the SureConnect® difference.”

The ongoing development of the comprehensive, usercentric SureConnect® portal is a testament to Amerisure’s dedication to innovation and excellence. As the digital landscape evolves, Amerisure continues to anticipate and respond to the needs of the modern insurance customer, ensuring that each update not only addresses current challenges but also sets new standards in the insurance industry.

About Amerisure Insurance
Amerisure is a leading provider of commercial property and casualty insurance solutions for U.S.-based construction, manufacturing and healthcare businesses. Licensed in all fifty states and available through an exclusive network of elite independent agents, the company upholds an “A” (Excellent) financial strength rating, industry-leading service scores, and multiple awards for innovation. Amerisure has been in business for more than 100 years and is consistently named among the best places to work in the industry and throughout the nation. To learn more, visit amerisure.com.

Media Contact

Marilyn Banes, Amerisure, 248-426-7914, mbanes@amerisure.com, Amerisure

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SOURCE Amerisure

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