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Front Row Group Announces Strategic Investment from Charlesbank Capital Partners

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New funding will enhance Front Row Group’s ability to execute strategic growth initiatives and deliver hyper-personalized service at scale

NEW YORK and BOSTON, Sept. 3, 2024 /CNW/ — Front Row Group (or the “Company”), an e-commerce agency and accelerator providing fully outsourced marketplace management to beauty, health & wellness, and CPG brands, today announced a strategic investment from Charlesbank Capital Partners (“Charlesbank”), a middle-market private equity firm with more than $18 billion of capital raised since inception. The investment will help the Company accelerate innovation and growth of the business, while maintaining its focus on high-quality, personalized service at scale.

With a global presence in New York, San Diego, Hamburg and Bratislava, Front Row Group leverages proprietary technology to design, market, distribute and scale leading brands around the globe. The Company tailors its diverse set of specialized services to a business’s unique needs with expertise across strategic brand-building, omnichannel marketing, international market expansion, content production, and business intelligence through its proprietary Catapult platform and innovative design and branding. This investment follows the 2023 brand consolidation that united Fortress Brand, School House, Taylor & Pond, Bizmut and Finc3 under the Front Row Group brand, providing the Company with differentiated global capabilities to better support clients across North America and Europe.

Charlesbank’s investment will enable Front Row Group to continue scaling in the fast growing and dynamic e-commerce space. The Company will be well-positioned to deliver faster, more impactful results in the operationally complex Amazon channel, helping clients optimize content, power data-driven decisions via Catapult, and manage the complicated logistics of the competitive marketplace. Through its partnership with Charlesbank, Front Row Group can further build on its track record of organic growth and accretive acquisitions, allowing the Company to accelerate its growth trajectory.

“As demand for Front Row Group’s services increases with more brands looking to unlock e-commerce growth, Charlesbank’s partnership will enable us to fully capitalize on the market opportunity in front of us,” said Yuriy Boykiv, CEO at Front Row Group. “With Charlesbank’s deep industry expertise and long track record of driving value, Front Row Group is better equipped to extend its position as a leading partner to top brands globally. We are excited to have Charlesbank’s support for this next phase of growth.” 

“Front Row Group is at the intersection of a couple of powerful long-term trends: the movement of the $300 billion beauty, health and wellness industries, particularly the premium segment, into e-commerce, and the increasing personalization of brand preference,” said Michael Choe, Managing Director & CEO at Charlesbank. “These tectonic shifts have created a significant market opportunity for leading service providers that can enable brands to reach their full potential online faster and more efficiently. Front Row Group is a clear leader in helping their brand partners achieve this. We are thrilled to partner with Yuriy, cofounders and current Presidents Alex and Matt Beer, and their team, to build on their already impressive growth.”

Financial terms of the transaction were not disclosed.

Jefferies LLC served as financial advisor to Front Row Group on the transaction and Akerman LLP provided legal counsel to Front Row Group. Lincoln International LLC served as financial advisor and Kirkland & Ellis LLP provided legal counsel to Charlesbank.

About Front Row Group:

Front Row Group is a leading e-commerce agency and accelerator specializing in beauty, health, wellness, and consumer brands. With a global presence in New York City, San Diego, Hamburg, and Bratislava, the company partners with top brands to drive holistic commerce growth. Leveraging proprietary technology called Catapult and robust capabilities, they design, market, distribute, and scale brands worldwide.

Front Row Group’s expertise encompasses strategic brand-building, omnichannel excellence, international market expansion, compelling content creation, and innovative design and branding. Front Row Group ensures robust marketplace growth, seamless e-commerce management, targeted digital marketing, and actionable business intelligence.

Trusted by industry leaders like OUAI, Summer Fridays, Glow Recipe, Designs For Health, Scrub Daddy, Unilever, Bosch, and Wella, Front Row Group empowers brands to achieve their full potential in a competitive marketplace. For more, visit https://www.frontrowgroup.com/.

About Charlesbank:

Based in Boston and New York, Charlesbank Capital Partners is a middle-market private investment firm with more than $18 billion of capital raised since inception. Charlesbank focuses on management-led buyouts, growth capital financings, opportunistic credit, and technology investments. The firm seeks to invest in companies with sustainable competitive advantage and excellent prospects for growth. For more information, please visit www.charlesbank.com

Contacts for Front Row Group:
frontrowgroup@kwtglobal.com

Contacts for Charlesbank:
Ryan FitzGibbon / Alexa Ottenstein / Peter Gavaris
Prosek Partners
pro-charlesbank@prosek.com

 

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SOURCE Front Row

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MESCIUS Launches Spread .NET v18

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PITTSBURGH, Jan. 10, 2025 /PRNewswire/ — MESCIUS inc., a global provider of award-winning enterprise software development tools, is pleased to announce the Spread .NET v18 release. The highlights of Spread .NET v18 include exciting features, such as enhanced PDF output quality, a new WPF spreadsheet, copying skip invisible ranges, and more. These features expand developers’ capabilities within their .NET applications when building high-performance enterprise spreadsheets. Spread .NET v18 is now available as an upgrade for existing customers and a download for new customers on the MESCIUS website.

Spread.NET v18 launches with a new WPF version, improved PDF saving (with higher resolution), and much more.

With Spread .NET v18, saving .NET spreadsheets to PDF delivers higher resolution and improved image quality, in line with Excel-compatible printing features. Rich text, flat style modes, transparent shapes, and header/footer images are better rendered, providing professional-grade PDF outputs. Read the release announcement to learn more about the enhanced PDF output quality in Spread .NET v18.

This latest release introduces an all-new WPF spreadsheet component version with significant enhancements, including iterative calculations, dynamic arrays, advanced charting, and external data integration. This update sets the stage for continued WPF innovations in future releases. Visit the website to get started with Spread .NET’s new WPF spreadsheet version.

In Spread .NET v18, users can copy cell ranges while excluding hidden rows and columns. To streamline operations in spreadsheets with filtered or hidden data, enable the RichClipboard and CopySkipInvisibleRange properties. Learn how to get started with this Spread .NET v18 release feature.

“We just released Spread .NET v18, which included some big features like enhanced PDF export and a brand new WPF Spreadsheet version, providing a few calculation enhancements, a new chart engine, and a formula text box,” said Product Manager Kevin Ashley. “These features can help enhance your applications with more Excel-like capabilities in both WinForms and WPF.”

About MESCIUS inc.: MESCIUS inc. is one of the world’s largest providers of developer components. The company retains 400 employees and hundreds of thousands of customers worldwide. MESCIUS inc. is committed to providing enterprises around the world with state-of-the-art developer tools and components, software services, and solutions. For more information, visit https://developer.mescius.com.

All product and company names herein may be trademarks of their respective owners.

View original content:https://www.prnewswire.com/news-releases/mescius-launches-spread-net-v18-302347624.html

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Puneet Shivam Appointed CEO of Right Skale Inc, a global Data and Cloud Services Company

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Right Skale Inc, a native AI-powered data services company, announces the appointment of Puneet as Chief Executive Officer marking the next phase in the company’s development.

PLEASANTON, Calif., Jan. 10, 2025 /PRNewswire-PRWeb/ — Right Skale announces that Puneet Shivam will join as a Co-founder and Chief Executive Officer, marking a strategic move to accelerate Right Skale’s transformation into a global AI-enablement leader.

“Right Skale is uniquely positioned, and our vision is clear – become the premier AI enablement partner of choice by 2030”, says Puneet Shivam on joining as a co-founder of Right Skale.

Puneet joins from Avendus Capital Inc, where he served as CEO and Managing Director, leading the Enterprise Technology & Services practice. In this role he enabled numerous emerging technology services organizations in scaling up and in value realization. Prior to Avendus, Puneet was instrumental in establishing Inductis (now EXL Analytics) into one of the first and highly reputed data analytics company, delivering high impact analytics initiatives across Fortune 500 companies.

A Winning Partnership. Amit Shah, Founder, commented: “Puneet’s leadership accelerates our mission of helping enterprises achieve their business goals through AI-enabled data services. His experience in growing global businesses and his deep industry relationships will be invaluable.”

“We partner with clients to unlock value through AI-powered solutions. By combining deep technology expertise with business understanding, we help enterprises enhance customer experiences, optimize operations, and drive growth. I am excited to join hands with Amit and the team,” says Puneet Shivam. “Right Skale is uniquely positioned, and our vision is clear – become the premier AI enablement partner of choice by 2030”

About Right Skale:

Right Skale is an AI-enabled technology services company helping enterprises navigate digital transformation through data and cloud innovation. Our mission is to empower businesses to thrive in the AI era. The company’s approach focuses on practical AI implementation – experimenting, validating, and scaling solutions that deliver measurable business outcomes. Through strategic partnerships with leading cloud and data technology providers, Right Skale helps clients build future-ready digital capabilities. For more info, please email us at info@rightskale.com www.RightSkale.ai & www.RightSkale.com

Media Contact

HR, Right Skale Inc, 1 (408) 658-0779, info@rightskale.com, www.RightSkale.ai

HR, Right Skale, info@rightskale.com, www.RightSkale.ai

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SOURCE Right Skale Inc

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Pensions & Investments and NAIC Announce Alliance to Support Diverse Asset Managers

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WASHINGTON, Jan. 10, 2025 /PRNewswire/ — The National Association of Investment Companies (NAIC), the industry association and largest network of diverse-owned alternative investment firms, and Pensions & Investments (P&I) have entered into a multi-year alliance designed to promote objectives related to increasing diversity and inclusion in the institutional investment industry. 

Through this alliance, NAIC and P&I will work together to advance the pool of diverse talent within the private markets by growing the assets allocated to diverse-owned and managed firms through investor-facing education and resources. They will collaborate to develop and publish thought leadership content related to the impact diverse-owned firms have on the industry and the economy. NAIC member firms will benefit from access to the P&I Research Center, which provides insights including current and historical data, key contact information for institutional investors, market intelligence, trend analysis, competitive benchmarking and more.

“Pensions & Investments is pleased to partner with NAIC to shine a spotlight on some of the innovative and great work being done by diverse- and woman-owned firms in the alternatives space. There is increased interest in how to leverage alternative assets across the institutional investment and retirement landscape, and we’re looking forward to sharing data, insights and content that can amplify the voices represented by NAIC member firms,” says Nikki Pirrello, President and Publisher, Pensions & Investments. “Our audience is hungry for information on effective investment strategies and high-performing managers, and we believe this partnership will allow us to continue to expand our universe of those we are covering.”

By joining forces, NAIC and P&I will raise awareness of the diverse- and woman-owned alternative investment firms that drive growth in every major industry sector. “We are excited that Pensions & Investments, a leading voice in investment management, shares NAIC’s goal of increasing diversity and inclusion in the institutional asset management industry,” says Robert L. Greene, NAIC’s President & CEO. “We look forward to the opportunities this alliance will provide our members to identify trends and share insights in order to increase the flow of capital to high-performing diverse investment firms from pensions and other investment managers.”

About the National Association of Investment Companies
With more than 54 years of advocacy and performance, the National Association of Investment Companies (www.naicpe.com) is the trade association and largest network of diverse- and women-owned alternative investment firms. NAIC’s membership comprises more than 190 diverse-owned alternative investment firms that collectively manage over $460 billion in assets under management. NAIC member firms invest with more than 2,200 portfolio companies globally and consistently generate superior returns that help fuel the growth of the retirement and asset management industries. www.naicpe.com

About Pensions & Investments
With unmatched integrity and professionalism, Pensions & Investments consistently delivers news, research and analysis to the executives who manage the flow of funds in the institutional investment market. Since its founding in 1973, this continues to be the mission of Pensions & Investments, the international newspaper of money management. Written for pension, portfolio and investment management executives at the hub of this market, Pensions & Investments provides its audience with timely and incisive coverage of events affecting the money management business. Written by a worldwide network of reporters and correspondents, Pensions & Investments’ coverage includes business and financial news, legislative reports, global investments, product development, technology, investment performance, executive changes, corporate governance and other topics crucial to the people who drive the world of professional money. Pensions & Investments is owned by Crain Communications Inc. www.pionline.com

CONTACT:
Kristen Perlman
Vice President, Marketing and Insights
National Association of Investment Companies
kperlman@naicpe.com

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SOURCE National Association of Investment Companies

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