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Bridgepoint partners with Meristem to unlock next stage of growth

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The combination of Meristem’s innovative crop input solutions and Bridgepoint’s deep sector expertise will unlock significant growth opportunities, including international expansion.Meristem, a fast-growing disruptor with a track record of robust profitable growth, is at the forefront of the multi-billion-dollar US biologicals market for row crops, the fastest–growing agricultural inputs market.

COLUMBUS, Ohio, Oct. 23, 2024 /PRNewswire/ — Bridgepoint, a leading private asset growth investor, has announced today its partnership with Meristem, a leader in the agricultural solutions market. The transaction closed in October 2024 and financial terms were not disclosed.

Bridgepoint partners with Meristem to unlock next stage of growth

Established in 2018, Meristem is one of the fastest-growing crop input companies in North America. Focused primarily on biologicals, the company sources, formulates, licenses, and delivers high-quality crop inputs to farmers, helping them produce more bushels for less cost per bushel.  Meristem’s solutions are highly cost-effective and eliminate significant inefficiencies in the supply chain compared to more traditional go-to-market approaches.

Today, Meristem employs c.60 people and serves more than 10 million acres of corn, soybean and other crops. It’s innovative and patent-protected technology accelerates farmers access to new biologicals, lacking in the US market. Meristem delivers a tailored portfolio strategy focused on meeting farmers’ specific needs.

Bridgepoint’s new partnership with Meristem builds on the firm’s strong track record of backing companies in the agricultural solutions sector, including SunWorld, an innovative global fruit genetics platform, and Rovensa, a global leader in R&D-led biological solutions for growers.

Leveraging its deep sector expertise, local office network and industry contacts, Bridgepoint will support Meristem to expand internationally, drawing on Rovensa’s presence in Latin America and Europe. Meristem will also focus on the introduction of new product combinations including a targeted offering to address region-specific climate and soil conditions, further expand its customer base of dealers and farmers and enhance IP development capabilities.

Mitch Eviston, Founder and CEO of Meristem, said: 

“Our partnership with Bridgepoint marks a significant milestone in our short history. Since our establishment in 2018, Meristem has rapidly scaled to become a leading crop input provider in the US. Our mission has always been to support farmers by providing high-quality, cost-effective solutions that deliver more bushels for less cost per bushel. Partnering with Bridgepoint allows us to further this mission by leveraging their sector expertise and extensive industry network. With their strategic support, we are confident in our ability to continue delivering innovative solutions to crop producers in the US and around the world.”

Rupprecht Pranckh, Partner, at Bridgepoint, said:

“We are thrilled to partner with Mitch Eviston and the experienced leadership team at Meristem. With its unique focus on biologicals, alternative market channel access and patented technology, Meristem has huge growth potential both in the US and internationally, as farmers recognize the substantial economic benefits of Meristem’s product portfolio. We look forward to utilizing our sector experience and global network in agriculture to help accelerate Meristem’s growth.”

About Meristem

Meristem® Crop Performance, Inc. helps farmers produce more bushels for less cost per bushel. Meristem is the global leader in delivering live, in-field biologicals through the patented BIO-CAPSULE™ Technology platform. Meristem significantly reduces waste and increases productivity in crop input systems through accelerated access to innovation, improved supply chain efficiency, and advanced concentrates. Learn more at MeristemAg.com.

About Bridgepoint

Bridgepoint Group plc is a listed international alternative asset manager specializing in private equity, infrastructure and private credit. With $72 billion of assets under management, the company has nearly 200 investment professionals in Europe, North America and Asia. We combine global scale with local market insight and sector expertise, consistently delivering strong returns through cycles.

Our current North American portfolio is represented by investments in Humanetics, Kyriba, Balt, Sun World, Avalere, Qualitest, MiQ, Flexitallic and SendinBlue, along with past investments in Vitamin Well, DMC Power, Calypso, eFront, and Pret A Manger. For more information, visit www.bridgepoint.eu.

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SOURCE Meristem Crop Performance

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Balam and Transfera Unveil the World’s First Remittance-as-a-Service Platform

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SAN ANTONIO, Oct. 23, 2024 /PRNewswire/ — Balam, a pioneer in stablecoin-backed remittance infrastructure, and Transfera, a Lana Group Inc. company known for its co-branded debit cards with brands like Chivas del Guadalajara, have joined forces to launch the world’s first Remittance-as-a-Service platform. This cutting-edge solution is designed to transform how US immigrants send remittances, starting with Mexico and Colombia, and is projected to expand to more than 10 countries by the end of the year.

With this collaboration, Balam provides the robust infrastructure and seamless API integration, enabling institutions like Transfera to offer remittance services that are 10X faster and 80% cheaper than traditional methods. The partnership marks a significant leap in cross-border payment solutions, paving the way for more accessible, cost-effective financial services for US immigrants.

“Finding a fast, affordable remittance solution has been a long-standing challenge for our customers,” said Antonio Regojo, CEO of Transfera and Lana Group. “Partnering with Balam Pay allows us to deliver a cutting-edge solution that meets the demand for faster, more affordable cross-border payments, while leveraging Balam’s expertise and innovation.”

“Our platform addresses the long-standing inefficiencies in cross-border payments,” said José Alberto, CEO of Balam Pay. “By reducing both the time and cost associated with remittances, we’re not just keeping pace with demand—we’re setting a new standard for the industry.”

By year’s end, Transfera and Balam will expand their services to key markets across Latin America, including El Salvador and Guatemala, marking a major milestone in transforming the financial landscape for immigrants across the Americas.

Visit our website today to experience the future of Remittances-as-a-Service: https://www.transferapay.com

Disclaimer: Balam and its affiliates are technology companies, not financial entities. Balam does not issue Stablecoins or any other digital currencies or securities, nor holds customer funds or perform money transmission. Balam offers a technology platform that allows businesses to access services provided by regulated entities. Financial services are provided by our Financial Partners, who possess the necessary licenses.

Contact:
Mayan Jaguar Operations LLC
***@balampay.com

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Industrial Cybersecurity Market worth $135.11 billion by 2029 – Exclusive Report by MarketsandMarkets™

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DELRAY BEACH, Fla., Oct. 23, 2024 /PRNewswire/ — The global industrial cybersecurity market was estimated to be valued at USD 84.54 billion in 2024 and is projected to reach USD 135.11 billion by 2029; it is expected to register a CAGR of 9.8% during the forecast period according to a new report by MarketsandMarkets™. Increasing focus on integrating the Internet of Things (IoT) in Industrial Control Systems (ICS), deployment of artificial intelligence (AI) and generative AI in security solutions, the growing shift towards smart manufacturing, increasing risk of cyberattacks, the rising need to protect critical infrastructure from sophisticated cyber threats, and stringent regulatory compliance in various sectors are the major factors driving the overall market growth.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=37646764

Browse in-depth TOC on “Industrial Cybersecurity Market” 
230 – Tables
73 – Figures
331 – Pages

Industrial Cybersecurity Market Report Scope:

Report Coverage

Details

Market Revenue in 2024

$ 84.54 billion

Estimated Value by 2029

$ 135.11 billion

Growth Rate

Poised to grow at a CAGR of 9.8%

Market Size Available for

2020–2029

Forecast Period

2024–2029

Forecast Units

Value (USD Million/Billion)

Report Coverage

Revenue Forecast, Competitive Landscape, Growth Factors, and Trends

Segments Covered

By Offering, Security Type, End-user Industry, deployment type, and Region.

Geographies Covered

North America, Europe, Asia Pacific, and Rest of World

Key Market Challenge

Integrating cybersecurity solutions with existing industrial processes

Key Market Opportunities

Increasing demand for automation solutions meeting safety standards

Key Market Drivers

Deployment of AI/Gen AI models in industrial setups

By Security Type, Network security segment to account for the largest market share in 2029.

It is anticipated that network security will dominate the market for industrial cybersecurity throughout the forecast period since it serves as the grounding for protecting linked systems from external threats. When AI and IoT are introduced into enterprises, their networks are threatened by intrusions, which underlines the need to manage data flow between devices and systems. As industrial networks become increasingly complex, companies focus on enhancing network security to safeguard their operations, maintain information integrity, and ensure organizational resilience when facing new and growing threat risks.

By Deployment Type, the Cloud segment is expected to exhibit the highest CAGR between 2024 and 2029.

In the industrial cybersecurity market by deployment type, the cloud segment is expected to have the highest CAGR as more firms achieve cloud adoption for their solutions than on-premises due to factors such as flexibility and cost of acquiring infrastructure. While organizations implement digital strategies and distributed work, cloud security remains an important issue. One of the major reasons that cloud security is rapidly growing is that more important data and critical operations have started storing in the cloud services.

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North America to dominate the market from 2024 to 2029.

North America is anticipated to have the largest share in the industrial cybersecurity industry because of its early adaptation of modern technologies as well as its strong industrial environment. The presence of major industrial cybersecurity players coupled with legal frameworks that put pressure on firms to adopt enhanced security measures are driving the market growth. Furthermore, the increasing trend of cyber threats towards critical infrastructure, such as energy and manufacturing sectors is forcing organizations in North America to embrace more advanced and superior cybersecurity solutions, making the region a leader in the market.

Key Players-

The key companies offering industrial cybersecurity companies include Microsoft (US), IBM (US), Palo Alto Networks (US), ABB (Switzerland), Siemens (Germany), Schneider Electric (France), Rockwell Automation (US), Honeywell International Inc. (US), Fortinet, Inc. (US), and Musarubra US LLC (Trellix) (US).

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Browse Adjacent Market: Semiconductor and Electronics Market Research Reports &Consulting

Related Reports: 

Industrial IoT Market Size, Share & Industry Trends Growth Analysis Report by Offering (Hardware (Processors, Connectivity ICs, Sensors, Memory Devices, Logic Devices), Software (PLM, MES, SCADA, OMS), Platforms), Connectivity Technology, Deployment, Vertical and Region – Global Forecast to 2029

Industrial Communication Market Size, Share & Industry Trends Analysis Report by Components (Switches, Gateways, Power Supply Devices, Router & WAP, Communication Interface & Protocol Converters, Controllers), Software, Services, Communication Protocol, Vertical and Region – Global Forecast to 2028

About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

Contact:
Mr. Rohan Salgarkar
MarketsandMarkets™ INC.
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EduMed.org celebrates Medical Assistants Recognition Week with online guides for aspiring MAs

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New resources highlight pathways to becoming a medical assistant, top programs for 2025 and the importance of empathy in patient care.

RENO, Nev., Oct. 23, 2024 /PRNewswire-PRWeb/ — In honor of Medical Assistants Recognition Week (MARWeek), EduMed.org has released a collection of new and updated guides to support students pursuing careers as medical assistants. The guides include a step-by-step process on how to become a medical assistant, a collection of key resources for medical assisting students, the best online and hybrid medical assistant programs for 2025, and a new piece on why empathy is a critical skill for medical assistants.

“Medical assistants are essential to today’s healthcare system. Their ability to balance patient care with administrative responsibilities makes them invaluable in hospitals, clinics and physician offices across the country.”

Medical assistants are the backbone of many healthcare facilities, performing both administrative and clinical tasks to ensure that patient care runs smoothly. As the demand for healthcare services increases, medical assistants play a crucial role in supporting physicians, nurses and other healthcare professionals.

“Medical assistants are essential to today’s healthcare system,” said Wes Ricketts, founder of EduMed.org. “Their ability to balance patient care with administrative responsibilities makes them invaluable in hospitals, clinics and physician offices across the country.”

As the healthcare landscape continues to evolve, the medical assisting profession has seen tremendous growth, with myriad opportunities for those interested in joining the field. According to the U.S. Bureau of Labor Statistics (BLS), employment of medical assistants is expected to grow 16 percent from 2022 to 2032, much faster than the average for all occupations. This growth is driven by an aging population, increasing demand for healthcare services and the expansion of outpatient care facilities.

“The medical assisting profession is expanding rapidly, with job openings projected to increase significantly over the next decade,” added Ricketts. “Students considering this career path should find both stability and a strong sense of purpose in supporting patients and healthcare teams alike.”

EduMed.org’s updated resources guide prospective medical assistants through every step of their journey, from choosing the right educational program to understanding the importance of soft skills like empathy, which play a vital role in patient interactions and overall healthcare outcomes.

You can read EduMed’s resources at the following locations:

How to become a certified medical assistant – https://www.edumed.org/how-to-become/certified-medical-assistant/Online resources for medical assisting students – https://www.edumed.org/online-schools/medical-assistant-programs/student-resources/Empathy & patient care for medical assistants – https://www.edumed.org/blog/empathy-in-patient-care-as-a-medical-assistant/The best online medical assistant programs for 2025 – https://www.edumed.org/online-schools/medical-assistant-programs/

About EduMed.org

EduMed.org set out in 2018 to support higher education in nursing and allied health. Our free resource materials and expert-driven guidebooks help students find scholarships, financial aid and top degree programs in nursing, healthcare administration, public health, and dozens of other key medical and health disciplines. Since the site’s official launch in 2019, EduMed has been featured by more than 100 premier colleges and universities across the U.S.

Media Contact

Wes Ricketts, EduMed.org, 1 775-234-8689, news@edumed.org, https://www.edumed.org

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