A $555 million patent purchase completed by HGGC

The top global private middle market equity firm, HGGC Global has been on an aggressive expansion bid lately. This expansion bid is being fueled by the firm’s need to grow itself both financially and strategically. From a financial standpoint, this middle market private equity firm wants to increase its revenues. On the other hand, from a strategic perspective, the firm seeks to position in a better place to attract lucrative deals and partnerships. This firm’s expansion bid has led to it purchasing a top patent risk management services provider, RPX.

A wonderful deal

RPX was founded in 2008 and since this time it has been purchasing the most promising patents from all over the world. Today, this patent management services provider boasts of having more than 23,000 very promising patents under its care. RPX has spent more than $2,5 billion purchasing these patents. HGGC paid $10.50 per share in cash adding up to a total of $555 million as it had been outlined in the May agreement between the two companies.

This purchase is expected to pay off handsomely given that the middle market private equity firm has a lot of companies under it that could turn some of the patents under FPX into a fortune. There is speculation that this particular opportunity is what fueled this private equity firm to go ahead with this purchase. In this deal, HGGC worked with partners like Jefferies Finance who was the primary lender alongside GCA Advisors and Houlihan Lokey who were the financial advisors.

About HGGC

This private firm dominates the global middle market equity space with an impressive transactional value of over $17 billion and $4.3 billion worth of capital commitments. The firm utilizes the “Advantage Investing” model to push its success. In this model, all the firm’s players such as the management, founders, investors, and staff work together to create a powerful alignment of interests that drive the firm to success. This is a model that many businesses are now imitating thanks to the success of HGGC. Today, this firm has completed over 90 major deals that have propelled it to this success using the model.

https://www.linkedin.com/company/hggc

HGGC: Making Other Businesses Thrive

HGGC started as Huntsman and Gay Capital Partners, which was shorted to H&G Capital Partners. However, the company had to change its name because H.I.G Capital sued it due to name similarity. The plaintiff argued that they were quite similar especially when pronounced. As an outcome, the name was changed to Huntsman and Gay Global Capital. The partners decided to settle for this name because they felt it was right to honor the senior partners. However, in 2013, the name was changed to HGGC because Huntsman left the organization in 2012.

The company, which was started in 2007, is a firm in the equity and investment market, and it is headquartered in Palo Alto, California. Other than Huntsman, its other founders such as Gregory Benson, Bob Gay, Steve Young, and Richard Lawson have pushed the company towards investments in growth capital and leveraged buyout transactions. Their focus is on businesses which are in the middle market.

HGGC invests in businesses that are in diverse sectors and industries as long as they have the potential to achieve the desired results. So far, the firm has invested in business services, financial services, consumer goods, information services, software and technology sectors, industrial services, manufacturing, infrastructure, healthcare, and chemicals, among others. The goal of the company is to align its interests with those of a given partner to ensure that as the company succeeds, the partner is thriving as well.

The company is known to focus on entities that are in the North American market. However, it has not restricted itself to this region as it invests in companies that are outside these borders as long as there is potential. If a company’s revenues are between $100 million and 1 billion, HGGC is likely to invest between $25 million and $125 million. Other characteristics that will increase the company’s investment probability include a figure between $15 million and $35 million in EBITDA as well as $100 million and $500 million in enterprise worth.

HGGC may choose to take majority rights as part of the investment agreement. However, it may also take minority positions but acquire the control rights. One of the recent investments that the company has made is FPX, which is a deal that occurred in 2017. Any parties that wish to contact HGGC may use the headquarter offices or utilize the alternative locations in West Palm Beach, Foxborough, and Salt Lake City, which are in Florida, Massachusetts and Florida, respectively.

https://www.marketwatch.com/press-release/colin-phinisey-joins-hggc-to-lead-capital-markets-efforts-and-christopher-guinn-joins-as-executive-director-2018-10-01

Ford Customer Experience To Be Improved By The Newly Appointed CXO, Elena Ford

Established in 1903 by Henry Ford, Ford Motor Company became an empire over its 115 years of activity. The American multinational with its headquarters in Dearborn, Michigan went public back in 1956, and is one of the biggest as well as one of the most profitable companies in the world. In addition, for more than 100 years it has been in continuous family control, being one of the largest companies in the world to be family-controlled. In 2008, the company produced 5.532 million automobiles, and in 2017 it had global revenues of $156.7 billion – showing that it continues to be successful in the 21st century.

When it comes to the Ford customer experience, the company followed the model of other big brands such as Delta Airlines, Apple, and Amazon, naming a top executive whose role is to eliminate problems regarding customer service. Ford Motor Company appointed Elena Ford as the Chief Customer Experience Officer, who worked with the Chief Executive Officer of Ford, Jim Hackett and the Executive Chairman of the Board, Bill Ford in order to design a plan which can improve customer engagement.

Elena Ford is the great-great granddaughter of Henry Ford, and the daughter of Charlotte Ford, an heiress to the Ford Motor Co. fortune. She has been with the company for more than 24 years, dedicating her long career towards understanding what drives customer’ perception. She joined the operations in January of 1995, and is the first female Ford family member to have a significant position in the company. She is leading the transformation of online as well as offline interaction between Ford, customers, and dealers into world-class experiences.

Prior to her new role, Elena Ford worked as the Vice President of Global Dealer and Customer Experience, and the Director of Global Marketing, Sales and Service Operations, among other roles. In order to train for her new position as Chief Customer Experience Officer, she spent time in Dallas and Beijing, where she studied customer behavior as well as corporate strategies in order to identify the problems which are plaguing customers.

Elena Ford stated that this is a global effort, the improvement of the Ford customer experience being done in Europe, Brazil, Chine, and throughout the Untied States. Ford’s President of Global Operations, Joe Hinrichs stated that Elena Ford is the ideal leader who can take on the challenge of bringing the company to world-class levels when it comes to customer experience.

https://app.boardroominsiders.com/skinny-profiles/ford-motor-company-elena-ford

Agera Energy’s Mission

Dedicated to their mission of “simplifying energy buying, for good,” Agera Energy is a prominent name in the electricity and natural gas domain. Committed to powering the world, Agera Energy pairs their consumer-driven strategies with their cutting-edge technologies to bring “efficiently implemented and fantastically supported” services to their valued clients. Serving upwards of 2 million individuals nationwide, Agera Energy takes pride in their elite status.

 

Armed with glowing testimonials, Agera Energy is revered as a reputable energy supplier. From their user-friendly portal to their customizable plans, Agera Energy ensures that the services they provide appeal to all. Since opening their doors five years ago, Agera Energy’s remained devoted to driving “upfront value to their consumers.” Given their years of industry success, Agera Energy’s undoubtedly materialized their goals.

Robert Deignan The World of Artificial Intelligence

Mister. Robert E. Deignan is usually at Flexsteel Sectors, Incorporation., Senior of opinion at Baker & McKenzie LLP (Illinois), an associate for American Club Association, an associate at Il Condition Clubhouse Association, and an associate on the Chicago Icon Association. He’s on the Plank of Owners at Flexsteel Sectors, Incorporation. He received his undergrad level through the University of Iowa and a graduate student level by John Marshall Law College in Georgia.

Robert Deignan, Américan Attorney, Spouse of BAKER & MCKENZIE, focusing on the field óf General Municipal Practicé. Assessments. Taxatión, Antitrust, Trade Rules, International Job, Trademarks and International Legislation. Worked by Bakér & McKenzie (Chicago, Illinois) focusing on PROPERTY Expansion Law, Cónstruction Law, HEALTHCARE Law, Clinic Laws. Publicly stated to thé bar, 1966, Illinois.

In numerous wáys, the continuing future of AI is here. Or in the least, is considered starting to get there. Little stuff that you dón’t consider just like email trash filters, item suggestions coming from Amazon, voicé assistants, cellular banking, ride-sharing apps, and even more, make use of the energy of artificial intelligence. Actually many annoying programs you speak to when you contact a company’s customer care channel leverage the energy of unnatural intelligence, even though some do it much better than others.

You might be tempted to overlook the news about unnatural intelligence mainly because of yet another trend of hypé, but huge technology businesses are buying AK at an unparalleled pace. Yahoo, Amazon, Apple, Facebook, Netflix, and a litany of various other large tech players are producing a big splash of water in the wonderful world of manufactured cleverness. With só very much money on the line, it appears that the proliferation of unnatural cleverness can be described as less a query of “if” ánd even more something of “when. ”

http://alivenewspaper.com/2018/05/6-home-gadgets-insights-robert-deignan/

Deirdre Baggot: Taking Bundled Payments to the Next Level

Deirdre Baggot has many years of experiences as a clinician and hospital executive. Due to her leadership in acute care episode, she became the pioneer of the bundled payments. She was responsible for ensuring that the bundled payments had continued growth. She is not only a successful entrepreneur but an author as well. Most of the topics she has written on is bundled payments, healthcare reform, and payment transformation. She has been featured on a number of media outlets, which include the morning edition of national public radio, planet money, and all things considered. Ms. Baggot has led the CMS bundled payments for acute care episode. In addition to that, she has worked at the University of Michigan health system and Northwestern Memorial Hospital. Find out more about Baggot at Resumonk

Deirdre Baggot has got recognition for her tremendous work in bundled payments; she gained national acclaim. She also got invited to be the keynote speaker for several medial conferences such as the American heart association, the American college of healthcare executives, innovation summit, bundled payment summit, healthcare financial management association and pay for performance summit.

She got the inspiration to start a business when her CEO asked her to join him into consulting. Starting a business requires patience and Baggot had to wait for three months for her business to be profitable. When staring she did not have any experience but did not quit; she had a capable team that enabled her to improve. She got her clients with the help of his CEO back then. Baggot has some books that inspired her are Resonate and Slideology. Deirdre Baggot is not all about work, and there are activities that she does when not working. She loves watching her kids compete in sports. Baggot also loves taking family trips to her hometown in St. Louis. She grew up in St. Louis, and her three sisters still live there.

Check out: https://chronicleweek.com/2018/10/deirdre-baggot-discusses-bundled-payments-2018/

 

Rick Shinto and Penelope Kokkinides make great combination at InnovaCare Health

Penelope Kokkinides is one of the core leaders in the management of InnovaCare Health. She currently holds the position of chief administrative officer. Remarkable improvements have marked her growth in this company. She started her role in this company as the vice president of clinical operations and the chief operating officer. Her experience of over 20 years in this industry makes him stand out among the rest. Coupled with experience working with government programs, Penelope Kokkinides has wide expertise in running Medicare and Medicare plans. She has been behind some of the healthcare operations that are applied in this company. Her impact on this company has brought changes that have improved efficiency in service delivery.

 

Experience

 

Penelope Kokkinides has held prominent positions in other organizations according to PR Newswire. She has been instrumental in the development of some of the policies that are being applied today in the industry. Kokkinides is a graduate of Binghamton University with a degree in biological sciences and classical languages. She later enrolled at the University of New York where she graduated with a degree in social work. Kokkinides recently graduated with a masters degree in public health. She is interested in raising the bar of leadership and service delivery in the company to a higher level.

 

Rick Shinto

 

Rick Shinto is the CEO of this company since 2012. Before joining InnovaCare Health, he was working with Aveta Inc. in the position of president and chief executive officer. Before joining management positions, he was working in clinical operations. His expertise is therefore well-rounded and therefore can handle the management of a company like InnovaCare Health. He has done so well in ensuring that this company has the best services. The main focus of the current leadership is to offer high-quality services and not just quantity services.

 

Rick Shinto attended the University of California, and for his medical degree, he attended the University of Stony Brook. Shinto has proven to the right person for the top position at InnovaCare Health. He has been working together with other leaders to make sure that the services offered by the company meet the needs of the people.

 

Rick Shinto and Penelope Kokkinides have collaborated so that they can come up with the best solutions for the people. Their efforts so far seem to be working in the right way, and over 500,000 people have joined various plans to benefit from affordable healthcare services.

http://www.danielestraus.org/about/

 

Virgin Group to Partner with Wes Eden’s Company, Brightline


Successful individuals have some similarities. With the competitive market being tough for newbies, people who are willing to take the risk and invest in diversified areas are in a better position to earn more compared to any other. Wes Edens enjoys so much wealth, despite the storms that he has gone through in the investments he has made; he has managed to come up with very good companies that are performing well. Fortress Investment Group, a company he founded twenty years ago, is the pride of many customers who desire high quality services. Wes Edens investment in the company has paid him off so well, and this explains why he managed to start Brightline. Read more about Wes Edens at Wikipedia

The transport department is competitive, but it is the ideal place to earn wealth. Brightline is a company in this department, and it is famous for being a private passenger railroad company that has been serving cities in the United States for the last decade. Founded by Wes Edens when he was still in the finance department, the organization has been making great deals with respectable companies, and this has helped to put things in place. Wes Edens knowledge in the market has helped his transport to grow. His good networks have also assisted in making Brightline one of the best in the private department.

Brightline, having served customers so well, has announced that it will be forming a new partnership that will ensure better services to consumers. News from the company management indicates that Brightline will be forming a partnership with Virgin Group. The global company specializes in travel and hospitality, and it has already respected for its high quality products and services to consumers. Brightline will be expected to benefit from the popularity and expertise that has been acquired by Virgin Group, having worked with the travel industry for a very long time. The two organizations are then expected to come up with a powerful brand that will be known as Virgin Train USA. The management of the two influential companies are hopeful that the new brand they are about to introduce will be successful in the competitive American market. The brand will also be expanded to different destinations of the world.

Learn more: https://www.crunchbase.com/person/wes-edens

 

Best Management Practice Advisory Services with James River Capital

James River Capital Corp. is a privately owned company, which specializes in the provision of investment advisory services. Commonly referred to as James River Capital, the company offers a variety of services including investment management, advisory, and commodity trading among other investment services in the United States.

 

The Richmond-based company was founded in 1986 and was then known as KP Futures Management Corp. In its early years, the company operated as the alternative investment arm of Kidder, Peabody & Co., Inc. However, the entry of Paul Saunders and Kevin Brandt in 1995 signaled a period of drastic changes in the company’s management structure and business operations. Paul Saunders and Kevin Brandt acquired KP Futures Management from Kidder, Peabody & Co at the same time as Paine Webber acquired Kidder. In 1995, KP Futures Management Corp. rebranded into James River Capital Corp.

 

Today, James River is registered with SEC in the United States as an Investment Advisor. Additionally, the company is registered with the CFTC as a Commodity Pool Operator as well as a Commodity Trading Advisor. James River has more than $570 million worth of assets under its management.

 

James River Capital has a team of highly qualified and extensively experienced professionals at its helm. Chief among them is Paul Saunders, who doubles up as the Principal and Founder of the company and its affiliates. Saunders also serves as the portfolio manager, James River’s funds of hedge funds. Presently, he acts as the Chief Executive Officer of both James River Financial Corp. and James River Capital Corp.

 

Paul Saunders graduated from the University of Virginia with a Bachelor of Arts degree in 1977. He later joined the University of Chicago, where he attained an M.B.A in 1979. Immediately after graduation, Saunders started working at the Corporate Finance Department of Warburg Paribas Becker and later in the Commodity Department. He then joined Kidder, Peabody & Co., where he served as the Director of Commodity Funds and Managed Accounts. From 1986, he became the president of President of KP Futures Management Corp. until 1995, when it rebranded into James River Corporation.

 

James River Capital is well-known for its valuable advice on matters of management. The company advises that the job of managers is not just to lead the team; they should always be available to offer much-needed support. According to James River, the biggest obstacle to the smooth running of organizations is the withdrawal of team members. One way of ensuring that members do not hold back is to make them feel appreciated.

 

To bring everyone on board, managers should encourage everyone in a team or departmental meeting to contribute. The managers should also moderate discussions in meeting to prevent the most talkative members from dominating the session. Learn more: https://vimeo.com/272365860

 

Alex Hern: Wisdom and Experience

Many in the technology world know of Alex Hern and his company Tsunami XR. It has been a successful platform of communication tools businesses have used for various years. Hern has continued his entrepreneur spirit by running his company and capturing success in a competitive field that many fail to do so when starting. Hern shares some of his goals, ideas, and perceptions when it comes to having success in the technology field.

Hern makes it known that he strongly agrees with having effective leadership in all capacities of your business. He does, however, say that multitasking can ultimately harm us and take our productivity away. It’s not possible he says, in his own beliefs. Hern has also sees the future of where his company Tsunami XR will be in the years to come and how they will stay at the top. He says, people, will keep them there for one thing. He says recruiting and training are key factors for them to move forward. Everything else simply comes to down to honest hard work. The best and dedicated workers will steer things in the right direction.

Alex Hern has taken his time to work with many startup and incubation tech companies. He knows it can be difficult and many simply just don’t make it. Some times for him, he states, it can come down to timing and good luck. Entrepreneurs must be aware of opportunities because they can be very time-sensitive. The goal, he believes, is patience and being extremely focused. As he works with his company, Hern makes it a point to follow blogs within the industry. He shares that these include CB insights, Pitchbook and Crunchbase. He prides himself on being up to date, after all, this how one can learn about the newest technology on the market and not miss opportunities. These sites are known to be the best regarding the industry of artificial intelligence, virtual reality and more.