Top 4 entrepreneurs to compete on June 11 for startup funds and business support to open a brick-and-mortar location

DETROIT, May 27, 2025 /PRNewswire/ — The Comerica Hatch Detroit Contest by TechTown, the small business competition behind many of Detroit’s most popular neighborhood storefronts, has announced the Top 4 businesses advancing to the final stage of the 2025 competition.

These four entrepreneurs will have the opportunity to compete in the Hatch Off, where they will pitch their businesses for the chance to win $100,000 in startup funding from Comerica Bank to open a brick-and-mortar location in Detroit, Hamtramck or Highland Park. The winner will also receive a business support package from TechTown Detroit, Wayne State University’s entrepreneurship hub.

“The Comerica Hatch Detroit Contest by TechTown continues to foster small business development by supporting Hatch winners and program alumni on their entrepreneurial journeys,” said Christianne Malone, Assistant Vice President for Economic Development at Wayne State University and Chief Program Officer of TechTown Detroit. “We can’t wait to see where each of these contestants go as they nurture their businesses and drive revitalization, supported by their local communities.”

Below are the Top Four businesses competing to win the 2025 Comerica Hatch Detroit Contest:

  • Detroit Culture & Clay: Detroit Culture & Clay is a one stop for all things clay. Guests can enjoy paint and sips, hands-on learning and a full stock of ceramic supplies, while also supporting local artists by purchasing their unique work.
  • Halie & Co: Halie & Co is a handmade jewelry, candle, and home fragrance store with the belief that everyone should have access to affordable jewelry and goods that make them feel beautiful and are created with high-quality materials and intention. Halie & Co creates experiences through permanent jewelry and jewelry making workshops, giving customers the perfect way to be a part of the creation process.
  • Livy’s Sweet Rolls: Livy’s Sweet Rolls specializes in handcrafted gourmet cinnamon rolls made from scratch with nostalgic, high-quality ingredients. Inspired by a family tradition of wholesome baking, Livy’s Sweet Rolls offers better-for-you desserts free from preservatives, dyes, and artificial junk. Its mission is to spread joy through premium sweet treats that families can trust, enjoy, and create memories around.
  • Walter Pat’s Bakery Cafe: Walter Pat’s Bakery Cafe is a seasonally driven, small-batch, black woman-owned bakery in Detroit. The cafe focuses on Michigan seasonal produce and specific flavors from Midwest upbringing and southern influence. Walter Pat’s strives to showcase unique flavor combinations and delicious classics, as well as to broaden taste buds with a new experience through food.

The final round of public voting begins Monday, June 2 at noon and runs through the end of the pitch competition at the Hatch Off on Wednesday, June 11. There, the Top 4 entrepreneurs will present their business plans in front of a panel of expert judges and a live audience. Community members can vote for their favorite businesses once per day by visiting HatchDetroit.com. The winner of the 2025 Comerica Hatch Detroit Contest will be chosen through a combination of the public’s vote and judges’ deliberations.

Over the years, the Comerica Hatch Detroit Contest by TechTown has helped launch some of Detroit’s most successful and well-known businesses, including winners G.L.A.M. Body Scrubs (2024), Bouncing Around The Motor City (2023), Little Liberia (2022), 27th Letter Books (2019), Baobab Fare (2017), Meta Physica Massage (2016), Sister Pie (2014), Batch Brewing Company (2013) and La Feria (2012).

With this year’s contributions and grants, Comerica and the Comerica Charitable Foundation have invested approximately $1.3 million into Hatch Detroit since it first began supporting the small business program in 2012.

“Entrepreneurs are the heartbeat of thriving communities, and supporting their dreams is critical to building strong, sustainable local economies,” said Meghan Storey, Senior Vice President, Michigan Director of Small Business at Comerica Bank. “As we enter the next phase of the Comerica Hatch Detroit Contest by TechTown, we are getting to know more about the new small businesses who will help transform their neighborhoods. It is clear the future is very bright for these entrepreneurs, who are showcasing their passion and inspiration for their businesses and community.”

Tickets are now available to attend the Hatch Off and see the winner crowned. The Hatch Off takes place on Wednesday, June 11 at 6 p.m., at the Wayne State University Industry Innovation Center at 461 Burroughs Street in Detroit. To purchase your ticket to the Hatch Off, visit HatchDetroit.com.

Comerica Bank, a subsidiary of Comerica Incorporated, has served Michigan longer than any other bank with a continuous presence dating back over 175 years to its Detroit founding in 1849. It is the largest bank employer in metro Detroit and has more than 4,300 employees (FTE) statewide. With one of the largest banking center networks in Michigan, Comerica nurtures lifelong relationships with unwavering integrity and financial prudence. Comerica positively impacts the lives of Michigan residents by helping customers be successful, providing financial support that assists hundreds of charitable organizations, and actively participating in Detroit’s downtown revitalization. Comerica Incorporated (NYSE: CMA) is a financial services company strategically aligned by three business segments: The Commercial Bank, The Retail Bank, and Wealth Management. Follow on Facebook: www.facebook.com/Comerica, X: @ComericaBank and Instagram: @comerica_bank.

TechTown Detroit, Wayne State University’s entrepreneurship hub, is a nonprofit business service organization that provides programs, education and resources for early- to growth-stage small businesses and tech entrepreneurs. By building bridges for entrepreneurs to succeed, TechTown is accelerating an inclusive economy for Detroit and Southeast Michigan. Since 2007, TechTown has supported more than 6,090 companies, which created 2,277 jobs and raised more than $406 million in startup and growth capital. For more information, visit techtowndetroit.org.

Hatch Detroit supports both existing and new retail initiatives in the cities of Detroit, Hamtramck and Highland Park. Hatch Detroit was founded in 2011 to give residents and aspiring entrepreneurs an opportunity to have a voice in neighborhood retail development and joined TechTown Detroit’s suite of entrepreneurial programs and services in 2022. Beyond the contest, Hatch Detroit provides funding, exposure and mentoring in support of its alumni entrepreneurs. With support from Hatch Detroit, 50 alumni have opened businesses. They employ over 500 people and have invested over $10 million in economic development. To learn more, visit hatchdetroit.com.

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SOURCE Comerica Bank

Top 4 entrepreneurs to compete on June 11 for startup funds and business support to open a brick-and-mortar location

DETROIT, May 27, 2025 /PRNewswire/ — The Comerica Hatch Detroit Contest by TechTown, the small business competition behind many of Detroit’s most popular neighborhood storefronts, has announced the Top 4 businesses advancing to the final stage of the 2025 competition.

These four entrepreneurs will have the opportunity to compete in the Hatch Off, where they will pitch their businesses for the chance to win $100,000 in startup funding from Comerica Bank to open a brick-and-mortar location in Detroit, Hamtramck or Highland Park. The winner will also receive a business support package from TechTown Detroit, Wayne State University’s entrepreneurship hub.

“The Comerica Hatch Detroit Contest by TechTown continues to foster small business development by supporting Hatch winners and program alumni on their entrepreneurial journeys,” said Christianne Malone, Assistant Vice President for Economic Development at Wayne State University and Chief Program Officer of TechTown Detroit. “We can’t wait to see where each of these contestants go as they nurture their businesses and drive revitalization, supported by their local communities.”

Below are the Top Four businesses competing to win the 2025 Comerica Hatch Detroit Contest:

  • Detroit Culture & Clay: Detroit Culture & Clay is a one stop for all things clay. Guests can enjoy paint and sips, hands-on learning and a full stock of ceramic supplies, while also supporting local artists by purchasing their unique work.
  • Halie & Co: Halie & Co is a handmade jewelry, candle, and home fragrance store with the belief that everyone should have access to affordable jewelry and goods that make them feel beautiful and are created with high-quality materials and intention. Halie & Co creates experiences through permanent jewelry and jewelry making workshops, giving customers the perfect way to be a part of the creation process.
  • Livy’s Sweet Rolls: Livy’s Sweet Rolls specializes in handcrafted gourmet cinnamon rolls made from scratch with nostalgic, high-quality ingredients. Inspired by a family tradition of wholesome baking, Livy’s Sweet Rolls offers better-for-you desserts free from preservatives, dyes, and artificial junk. Its mission is to spread joy through premium sweet treats that families can trust, enjoy, and create memories around.
  • Walter Pat’s Bakery Cafe: Walter Pat’s Bakery Cafe is a seasonally driven, small-batch, black woman-owned bakery in Detroit. The cafe focuses on Michigan seasonal produce and specific flavors from Midwest upbringing and southern influence. Walter Pat’s strives to showcase unique flavor combinations and delicious classics, as well as to broaden taste buds with a new experience through food.

The final round of public voting begins Monday, June 2 at noon and runs through the end of the pitch competition at the Hatch Off on Wednesday, June 11. There, the Top 4 entrepreneurs will present their business plans in front of a panel of expert judges and a live audience. Community members can vote for their favorite businesses once per day by visiting HatchDetroit.com. The winner of the 2025 Comerica Hatch Detroit Contest will be chosen through a combination of the public’s vote and judges’ deliberations.

Over the years, the Comerica Hatch Detroit Contest by TechTown has helped launch some of Detroit’s most successful and well-known businesses, including winners G.L.A.M. Body Scrubs (2024), Bouncing Around The Motor City (2023), Little Liberia (2022), 27th Letter Books (2019), Baobab Fare (2017), Meta Physica Massage (2016), Sister Pie (2014), Batch Brewing Company (2013) and La Feria (2012).

With this year’s contributions and grants, Comerica and the Comerica Charitable Foundation have invested approximately $1.3 million into Hatch Detroit since it first began supporting the small business program in 2012.

“Entrepreneurs are the heartbeat of thriving communities, and supporting their dreams is critical to building strong, sustainable local economies,” said Meghan Storey, Senior Vice President, Michigan Director of Small Business at Comerica Bank. “As we enter the next phase of the Comerica Hatch Detroit Contest by TechTown, we are getting to know more about the new small businesses who will help transform their neighborhoods. It is clear the future is very bright for these entrepreneurs, who are showcasing their passion and inspiration for their businesses and community.”

Tickets are now available to attend the Hatch Off and see the winner crowned. The Hatch Off takes place on Wednesday, June 11 at 6 p.m., at the Wayne State University Industry Innovation Center at 461 Burroughs Street in Detroit. To purchase your ticket to the Hatch Off, visit HatchDetroit.com.

Comerica Bank, a subsidiary of Comerica Incorporated, has served Michigan longer than any other bank with a continuous presence dating back over 175 years to its Detroit founding in 1849. It is the largest bank employer in metro Detroit and has more than 4,300 employees (FTE) statewide. With one of the largest banking center networks in Michigan, Comerica nurtures lifelong relationships with unwavering integrity and financial prudence. Comerica positively impacts the lives of Michigan residents by helping customers be successful, providing financial support that assists hundreds of charitable organizations, and actively participating in Detroit’s downtown revitalization. Comerica Incorporated (NYSE: CMA) is a financial services company strategically aligned by three business segments: The Commercial Bank, The Retail Bank, and Wealth Management. Follow on Facebook: www.facebook.com/Comerica, X: @ComericaBank and Instagram: @comerica_bank.

TechTown Detroit, Wayne State University’s entrepreneurship hub, is a nonprofit business service organization that provides programs, education and resources for early- to growth-stage small businesses and tech entrepreneurs. By building bridges for entrepreneurs to succeed, TechTown is accelerating an inclusive economy for Detroit and Southeast Michigan. Since 2007, TechTown has supported more than 6,090 companies, which created 2,277 jobs and raised more than $406 million in startup and growth capital. For more information, visit techtowndetroit.org.

Hatch Detroit supports both existing and new retail initiatives in the cities of Detroit, Hamtramck and Highland Park. Hatch Detroit was founded in 2011 to give residents and aspiring entrepreneurs an opportunity to have a voice in neighborhood retail development and joined TechTown Detroit’s suite of entrepreneurial programs and services in 2022. Beyond the contest, Hatch Detroit provides funding, exposure and mentoring in support of its alumni entrepreneurs. With support from Hatch Detroit, 50 alumni have opened businesses. They employ over 500 people and have invested over $10 million in economic development. To learn more, visit hatchdetroit.com.

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SOURCE Comerica Bank

The partnership combines Lennox’s strength in residential distribution and customer relationships with Ariston Group’s advanced water heating technology and manufacturing footprint, to launch water heaters that will carry the Lennox brands.

DALLAS, May 27, 2025 /PRNewswire/ — Lennox (NYSE: LII), a leader of innovative climate solutions in the HVACR industry, and Ariston Group (Bloomberg: ARIS IM), a global leader in sustainable climate and water comfort, have entered into a joint venture that will bring a competitive product portfolio of residential water heaters to homeowners in the United States and Canada.

This strategic partnership brings the trusted brands, distribution channels, and expansive customer network of Lennox with Ariston Group’s advanced global and regional expertise in water heating technology, R&D, and manufacturing. Together, the two companies aim to strengthen their market presence and drive innovation across the North American residential water heater landscape.

“This joint venture aligns with our strategy to deliver accelerated growth by expanding our product offerings within the residential market, further strengthening our customer relationships,” said Alok Maskara, Chief Executive Officer of Lennox. “We are excited to work alongside Ariston Group, a renowned global leader in water heating, including heat-pump-based high-efficiency water heating solutions. The new joint venture’s offerings, when coupled with existing Lennox products and technology applications, will enable a perfect home comfort environment. Our partnership, grounded in shared principles and goals, provides additional value and growth opportunities to our dealers, distributors, and contractors.”

The joint venture will support the growth of Lennox and Ariston Group water heater sales across their respective channels and customers in the USA and Canada. Beginning in 2026, water heater products carrying the Lennox brands will be sold through Lennox stores, the direct-to-dealer network, and the distributor channel. Through its Ariston USA subsidiary, Ariston Group will continue selling to current customers under its brands. 

“Ariston Group entered the North American market in 2016, building its presence through three acquisitions, recognizing this region as a strategic priority for profitable growth,” said Paolo Merloni, Executive Chairman of Ariston Group. “We are pleased to announce this new chapter with Lennox, an outstanding partner whose market leadership we respect deeply. This joint venture allows us to add to our existing commercial presence and brands an alliance with a strong partner. We are proud to be the technology provider behind high-efficiency solutions that will carry the Lennox brands.”

The newly established joint venture will be called Ariston Lennox Water Heating North America and will be operational after customary closing conditions are met. Ariston USA will own 50.1% of the joint venture, while Lennox will own the remaining 49.9%. Leadership of the joint venture will be appointed jointly by Ariston Group and Lennox. 

About Lennox
Lennox (NYSE: LII) is a leader in energy-efficient climate-control solutions. Dedicated to sustainability and creating comfortable and healthier environments for our residential and commercial customers while reducing their carbon footprint, we lead the field in innovation with our cooling, heating, indoor air quality, and refrigeration systems. Additional information is available at www.lennox.com. For media inquiries, contact PR@lennox.com.

About Ariston Group

Ariston Group (Bloomberg: ARIS IM) is a global leader in sustainable climate and water comfort, listed on Euronext Milan. In 2024 the group reported 2.6 billion-euro revenues, with over 10,000 employees, direct presence in 40 countries in 5 continents, 29 production sites and 28 research and development centers. The group demonstrates its commitment to sustainability through renewable and high-efficiency solutions, including heating heat pumps, water heating heat pumps, hybrids, domestic ventilation, air handling, electric components and solar thermal systems, while continuously investing in technological innovation, digitalization and advanced connectivity solutions. Additional information is available at www.aristongroup.com. For media inquiries, contact corporate.communication@ariston.com.

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SOURCE Lennox International Inc.

The partnership combines Lennox’s strength in residential distribution and customer relationships with Ariston Group’s advanced water heating technology and manufacturing footprint, to launch water heaters that will carry the Lennox brands.

DALLAS, May 27, 2025 /PRNewswire/ — Lennox (NYSE: LII), a leader of innovative climate solutions in the HVACR industry, and Ariston Group (Bloomberg: ARIS IM), a global leader in sustainable climate and water comfort, have entered into a joint venture that will bring a competitive product portfolio of residential water heaters to homeowners in the United States and Canada.

This strategic partnership brings the trusted brands, distribution channels, and expansive customer network of Lennox with Ariston Group’s advanced global and regional expertise in water heating technology, R&D, and manufacturing. Together, the two companies aim to strengthen their market presence and drive innovation across the North American residential water heater landscape.

“This joint venture aligns with our strategy to deliver accelerated growth by expanding our product offerings within the residential market, further strengthening our customer relationships,” said Alok Maskara, Chief Executive Officer of Lennox. “We are excited to work alongside Ariston Group, a renowned global leader in water heating, including heat-pump-based high-efficiency water heating solutions. The new joint venture’s offerings, when coupled with existing Lennox products and technology applications, will enable a perfect home comfort environment. Our partnership, grounded in shared principles and goals, provides additional value and growth opportunities to our dealers, distributors, and contractors.”

The joint venture will support the growth of Lennox and Ariston Group water heater sales across their respective channels and customers in the USA and Canada. Beginning in 2026, water heater products carrying the Lennox brands will be sold through Lennox stores, the direct-to-dealer network, and the distributor channel. Through its Ariston USA subsidiary, Ariston Group will continue selling to current customers under its brands. 

“Ariston Group entered the North American market in 2016, building its presence through three acquisitions, recognizing this region as a strategic priority for profitable growth,” said Paolo Merloni, Executive Chairman of Ariston Group. “We are pleased to announce this new chapter with Lennox, an outstanding partner whose market leadership we respect deeply. This joint venture allows us to add to our existing commercial presence and brands an alliance with a strong partner. We are proud to be the technology provider behind high-efficiency solutions that will carry the Lennox brands.”

The newly established joint venture will be called Ariston Lennox Water Heating North America and will be operational after customary closing conditions are met. Ariston USA will own 50.1% of the joint venture, while Lennox will own the remaining 49.9%. Leadership of the joint venture will be appointed jointly by Ariston Group and Lennox. 

About Lennox
Lennox (NYSE: LII) is a leader in energy-efficient climate-control solutions. Dedicated to sustainability and creating comfortable and healthier environments for our residential and commercial customers while reducing their carbon footprint, we lead the field in innovation with our cooling, heating, indoor air quality, and refrigeration systems. Additional information is available at www.lennox.com. For media inquiries, contact PR@lennox.com.

About Ariston Group

Ariston Group (Bloomberg: ARIS IM) is a global leader in sustainable climate and water comfort, listed on Euronext Milan. In 2024 the group reported 2.6 billion-euro revenues, with over 10,000 employees, direct presence in 40 countries in 5 continents, 29 production sites and 28 research and development centers. The group demonstrates its commitment to sustainability through renewable and high-efficiency solutions, including heating heat pumps, water heating heat pumps, hybrids, domestic ventilation, air handling, electric components and solar thermal systems, while continuously investing in technological innovation, digitalization and advanced connectivity solutions. Additional information is available at www.aristongroup.com. For media inquiries, contact corporate.communication@ariston.com.

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SOURCE Lennox International Inc.

The partnership combines Lennox’s strength in residential distribution and customer relationships with Ariston Group’s advanced water heating technology and manufacturing footprint, to launch water heaters that will carry the Lennox brands.

DALLAS, May 27, 2025 /PRNewswire/ — Lennox (NYSE: LII), a leader of innovative climate solutions in the HVACR industry, and Ariston Group (Bloomberg: ARIS IM), a global leader in sustainable climate and water comfort, have entered into a joint venture that will bring a competitive product portfolio of residential water heaters to homeowners in the United States and Canada.

This strategic partnership brings the trusted brands, distribution channels, and expansive customer network of Lennox with Ariston Group’s advanced global and regional expertise in water heating technology, R&D, and manufacturing. Together, the two companies aim to strengthen their market presence and drive innovation across the North American residential water heater landscape.

“This joint venture aligns with our strategy to deliver accelerated growth by expanding our product offerings within the residential market, further strengthening our customer relationships,” said Alok Maskara, Chief Executive Officer of Lennox. “We are excited to work alongside Ariston Group, a renowned global leader in water heating, including heat-pump-based high-efficiency water heating solutions. The new joint venture’s offerings, when coupled with existing Lennox products and technology applications, will enable a perfect home comfort environment. Our partnership, grounded in shared principles and goals, provides additional value and growth opportunities to our dealers, distributors, and contractors.”

The joint venture will support the growth of Lennox and Ariston Group water heater sales across their respective channels and customers in the USA and Canada. Beginning in 2026, water heater products carrying the Lennox brands will be sold through Lennox stores, the direct-to-dealer network, and the distributor channel. Through its Ariston USA subsidiary, Ariston Group will continue selling to current customers under its brands. 

“Ariston Group entered the North American market in 2016, building its presence through three acquisitions, recognizing this region as a strategic priority for profitable growth,” said Paolo Merloni, Executive Chairman of Ariston Group. “We are pleased to announce this new chapter with Lennox, an outstanding partner whose market leadership we respect deeply. This joint venture allows us to add to our existing commercial presence and brands an alliance with a strong partner. We are proud to be the technology provider behind high-efficiency solutions that will carry the Lennox brands.”

The newly established joint venture will be called Ariston Lennox Water Heating North America and will be operational after customary closing conditions are met. Ariston USA will own 50.1% of the joint venture, while Lennox will own the remaining 49.9%. Leadership of the joint venture will be appointed jointly by Ariston Group and Lennox. 

About Lennox
Lennox (NYSE: LII) is a leader in energy-efficient climate-control solutions. Dedicated to sustainability and creating comfortable and healthier environments for our residential and commercial customers while reducing their carbon footprint, we lead the field in innovation with our cooling, heating, indoor air quality, and refrigeration systems. Additional information is available at www.lennox.com. For media inquiries, contact PR@lennox.com.

About Ariston Group

Ariston Group (Bloomberg: ARIS IM) is a global leader in sustainable climate and water comfort, listed on Euronext Milan. In 2024 the group reported 2.6 billion-euro revenues, with over 10,000 employees, direct presence in 40 countries in 5 continents, 29 production sites and 28 research and development centers. The group demonstrates its commitment to sustainability through renewable and high-efficiency solutions, including heating heat pumps, water heating heat pumps, hybrids, domestic ventilation, air handling, electric components and solar thermal systems, while continuously investing in technological innovation, digitalization and advanced connectivity solutions. Additional information is available at www.aristongroup.com. For media inquiries, contact corporate.communication@ariston.com.

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SOURCE Lennox International Inc.

eB Capital Recently Anchored Orizon’s Follow-On Offering with R$640M (~$115M USD) Investment

Founded by Private Equity Veteran Jean-Pierre (JP) Conte as Family Office, Lupine Crest Capital Investment Supported eB Capital-Led Round

SÃO PAULO, Brazil and ASPEN, Colo., May 27, 2025 /PRNewswire/ — Lupine Crest Capital, the family office of American businessman and private equity industry veteran Jean-Pierre “JP” Conte, recently joined eB Capital’s investment in pioneering Brazilian waste-to-energy company ORIZON VALORIZAÇÃO DE RESÍDUOS S.A. (Orizon). Through an investment of R$640 million (approximately $115 million USD), eB Capital anchored Orizon’s follow-on offering, which was completed earlier this month. Lupine Crest contributed toward eB Capital’s investment. 

eB Capital’s investment in Orizon aims to support the company’s growth journey through strategic projects, including the advancement of biomethane initiatives and the sector’s consolidation. Orizon, which registered the first carbon credit generation project approved through the United Nations Development Mechanism (CDM), is present in 12 Brazilian states, with 17 Ecoparks valuing the waste of more than 40 million Brazilians.

“Orizon has revolutionized the ability to not only process waste, but to profitably create renewable raw materials that serve a substitute for fossil fuels. eB Capital’s investment in Orizon is a critical step that will propel this innovative business forward, and I applaud Eduardo Melzer for making this smart, strategic move,” said Jean-Pierre Conte, founder and chief executive officer of Lupine Crest Capital.

Through its innovative waste recovery process, Orizon captures and transfers waste into raw materials and renewable energy. Across its 17 Ecoparks throughout Brazil, Orizon processes waste provided by close to 30 million Brazilians. The company has the capacity to generate 800,000 MWH/year, which is the equivalent energy demand of a city of one million people. Further, Orizon’s seventeen Ecoparks have the ability to create four million TCO2 EQ/year of carbon credits which is equal to 27 million trees planted or 1.6 million vehicles taken off the streets annually.

About Lupine Crest Capital
Lupine Crest Capital is a family office and investment firm dedicated to transforming companies into industry leaders. Founded by private equity veteran, longtime investor and chairman and managing partner of Genstar Capital Jean-Pierre Conte, Lupine Crest Capital harnesses over three decades of expertise to support investments across a variety of sectors, including healthcare, financial services, software, and industrial technology. To learn more about the firm, visit lupinecrest.com.

About eB Capital
eB Capital is a leading Brazilian investment firm, recognized for transforming Brazil’s structural challenges into profitable business opportunities. eB Capital’s DNA combines both investment and operational backgrounds, a key competitive advantage for high value creation and high returns. The company has a proven track record creating national market leaders through a buy and build strategy, and by leveraging its deep knowledge on Brazil. With consistent top quartile returns since its inception, eB Capital’s investments include: Alloha Fibra, the largest independent fiber optic provider in the country; Proz, the leading professional education platform; Loja do Mecânico, the largest e-commerce for tools and machines in Latin America; Green PCR and Global PET, forming the country’s largest bottle to bottle plastic recycling company; and Hilab and Blue Health, both in diagnostic medicine, among others. eB Capital is also a frontrunner in the country’s climate investment agenda.

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SOURCE Lupine Crest Capital

BATON ROUGE, La., May 27, 2025 /PRNewswire/ — Aventia, an industry-leading platform providing comprehensive environmental service solutions, today announced the acquisition of Habitat Management, Inc. (HMI), a natural resource management and ecological consulting firm specializing in environmental projects, land reclamation and permitting, and regulatory affairs. Financial terms of the transaction were not disclosed.

Based in Colorado, HMI brings decades of field experience and project management expertise to deliver innovative natural resource solutions nationwide, with a focus on reclamation, restoration, and mitigation. Since its founding in 1995, the company has expanded its core services to include water resources and environmental consulting.

Bernhard Capital Partners, a services and infrastructure-focused private equity management firm, established Aventia — formerly Environmental Systems Group — in July 2022. Aventia provides a comprehensive suite of environmental and technology-driven solutions to meet the evolving needs of public- and private-sector clients. As Aventia’s fifth acquisition, HMI enhances the platform’s natural resource management capabilities while deepening its on-the-ground experience across the Rocky Mountain region.

“We are excited to welcome an accomplished firm like HMI to the Aventia team,” said Dirk Applegate, Chief Executive Officer of Aventia. “Their extensive expertise across environmental disciplines strengthens our ability to deliver comprehensive, high-impact solutions and field services, broadening our capabilities and diversifying our offerings to drive growth across a wide range of sectors.”

“Our commitment has always been to foster healthy environments that benefit the communities we work in, and it’s a strong fit to join a team that shares and demonstrates that mission,” said Tony Matthews and Matt Clark, co-owners of HMI. “We are dedicated to ongoing excellence and look forward to building on our capabilities by tapping into Aventia’s broad reach and established resources to better serve clients across sectors and geographies.”

“The addition of Habitat Management further elevates Aventia’s position in the growing environmental services space by adding specialized, field-proven capabilities that meet the evolving needs of clients nationwide,” said Chris Dillon, Partner at Bernhard Capital. “This partnership enhances our ability to scale, unlock new market opportunities, and deliver long-term, sustainable value.”

About Aventia

Aventia, a Bernhard Capital Partners portfolio company, brings together the capabilities, offerings, and collective resources of industry-leading environmental service businesses KC Harvey Environmental, BEM Systems, ELOS Environmental, and St.Germain to solve complex environmental challenges for a range of clients spanning industries and sectors. Aventia has been recognized by Engineering News-Record (ENR) as a Top 200 Environmental Firm for the past two years (2023, 2024). For more information, visit aventiaenv.com.

About Habitat Management, Inc.

Habitat Management, Inc., delivers practical, science-based solutions to natural resource management challenges for government and private sector clients. With a multidisciplinary team of ecologists, engineers, soil scientists, botanists, and GIS specialists, the firm combines decades of experience with advanced data analysis to support effective reclamation, restoration, and mitigation efforts across diverse landscapes. For more information, visit habitatmanagementinc.com.

About Bernhard Capital Partners

Bernhard Capital Partners is a services and infrastructure-focused private equity management firm established in 2013. Bernhard Capital Partners has deployed capital in five funds across several strategies and has approximately $5 billion in assets under management. Bernhard Capital Partners seeks to create sustainable value by leveraging its experience in acquiring, operating, and growing services and infrastructure businesses. For more information, visit bernhardcapital.com.

Media

Ed Trissel / Erik Carlson / Madeline Jones
Joele Frank, Wilkinson Brimmer Katcher
(212) 355-4449

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SOURCE Bernhard Capital Partners Management, LP

The specialized certification program gains academic recognition, furthering its mission to support military members and their families with expert financial guidance. 

ATLANTA, May 27, 2025 /PRNewswire/ — Dalton Education, a CeriFi company and leading provider of education solutions for financial services professionals, announced today a strategic partnership with Wake Forest University to offer an accredited Certified Military Financial Advisor® certification program. This partnership marks a significant advancement for the certification, which has seen substantial industry adoption since becoming available to all qualifying financial advisors in June 2024. 

The CMFA certification, developed with industry experts and military financial specialists, provides financial advisors with specialized training that addresses the unique financial planning needs of active-duty service members, veterans, and their families. Through the new partnership with Wake Forest University, the program now offers accredited certification, enhancing its value and recognition within the financial services industry. 

“This partnership with Wake Forest University represents a pivotal moment for the CMFA certification,” said James Dalton, Chief Product Officer at CeriFi. “By offering an accredited program, we’re not only elevating the standard of education for financial advisors serving the military community but also addressing a key need within the industry for recognized, specialized training in this important area.”

With approximately 2.1 million active-duty service members and family members, plus 8.6 million employed veterans representing one in every 20 civilian workers, there’s a significant need for advisors who truly understand the unique financial planning requirements of this community. 

“Our partnership with Dalton Education aligns with the Wake Forest University School of Professional Studies’ commitment to providing financial planners and students with the knowledge and skills they need to thrive and grow professionally,” said Kerry Shronts, Executive Director for Executive Education at Wake Forest University. “Dalton Education will provide the broader financial planning community with access to cutting-edge educational and certificate options, preparing them for career growth and important industry recognition.”

The accredited CMFA program maintains its comprehensive curriculum focusing on the benefits, resources, and life circumstances unique to military personnel. The program typically requires 22 hours of study and complements CFP® certification by covering military-specific content not included in other financial planning programs. 

Trailblazing firms like Thrivent Financial and Ameriprise are setting themselves apart by taking proactive steps to meet a critical need for service members and their families by investing in specialized education for their advisors.

Ameriprise Financial, which partnered with Dalton Education to develop the certification, has already trained hundreds of advisors through the program and reports positive client outcomes.

“Many companies say they’re supportive of veterans, but there are companies that set themselves apart. In my experience with Ameriprise Financial, the company took huge steps to help create a wholistic system to support and education for the service member/veteran and their family members that support their service” said Myke Sampayo, former sergeant in the U.S. Army and Field Training Manager and Instructional Design Manager at Ameriprise Financial. “Being a veteran myself, I’ve personally seen the sacrifices my family members, friends, and employers have made to ensure that I was able to serve my duties in the military. I’m very happy to have helped do my little part at Ameriprise to help bring the CMFA™ to life with Dalton Education.”

CMFA program features: 

  • Self-paced learning designed to accommodate busy professionals
  • Engaging, multi-modal content including on-demand instruction and case studies
  • Client meeting checklists and practical resources for immediate implementation
  • Qualifies for 22 hours of CFP Board approved CE for CFP® certification
  • Certificate of program completion now available as an accredited program through Wake Forest University
  • Program investment of $1,495

Financial services firms interested in learning more about the accredited CMFA certification for their advisors can visit https://dalton-education.com/certified-military-financial-advisor or contact Dalton Education directly. 

About Dalton Education 

Dalton Education, a Leeds Equity Partners and CeriFi portfolio company, is a leading provider of education solutions for financial services professionals. Dalton has the highest CERTIFIED FINANCIAL PLANNER® exam pass rates and has trained over half of all CFP® professionals in the country. Through partnerships with elite universities, Dalton delivers customizable programs for individual learning styles, with options including the industry’s only 100% money-back Guarantee to Pass and course completion in as little as 9 months. Dalton also provides courses for CFP® exam review, Capstone requirement, and continuing education. For additional information on Dalton Education, see http://www.dalton-education.com/

About Wake Forest School of Professional Studies

Wake Forest University School of Professional Studies (SPS) provides innovative, cutting-edge and market-relevant programming built upon Wake Forest’s legacy of quality and excellence. With 100% online graduate degrees and certificates, and non-degree programs, including certificates and other credentials, SPS offers an accessible, educational experience focused on providing today’s working professionals with the skills and knowledge to take their careers to the next level. 

Based in Charlotte, N.C. and serving students around the world, SPS is designed to address growing sectors in the economy of the future and the increased demand for professional and corporate education in Charlotte and beyond.

CERTIFIED FINANCIAL PLANNER® and CFP® are trademarks owned by the Certified Financial Planner Board of Standards, Inc. Certified Military Financial Advisor® and CMFA are trademarks of Dalton Education. 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/dalton-education-partners-with-wake-forest-university-to-offer-accredited-certified-military-financial-advisor-certification-302465994.html

SOURCE Dalton Education

Call Congress today and tell your Senators to keep America’s farming families strong and rural communities resilient by preserving the investment tax credits.

BOSTON, May 27, 2025 /PRNewswire/ — Lightstar reaffirms its unwavering commitment to America’s farming families as federal proposals threaten to undermine a vital farm viability and succession planning tool for America’s farmers – the long-standing technology neutral investment tax credit (ITC).

If the US wants to ensure a secure American energy pipeline – the Senate must safeguard current solar investments.

Recent language passed by the House on Thursday May 22, including a 60-day construction requirement, would kill hundreds of solar projects, which many farming families rely on for retirement and financial independence. This move jeopardizes the financial stability and future of rural communities across the nation, undermining a proven model that supports productive agriculture and energy independence.

“Our farmers rely on the financial stability of solar projects to keep their land productive, diversify their income, and future-proof their businesses against growing economic uncertainties,” said Lucy Bullock-Sieger, Chief Strategy Officer at Lightstar. “Stripping the ITCs away is more than policy change. It’s a direct threat to American livelihoods, our food system, and energy security. Lightstar stands united with our landowners across the country — do not jeopardize their futures.”

For years, the ITCs have empowered family farms to adopt agrivoltaics, a dual-use agricultural-solar model that allows continued farming while generating local renewable energy. This innovation enables farmers to steward their land, weather unpredictable markets, and support new generations in farming, all while delivering over $600 billion in private investment and supporting 270,000 jobs nationwide. The ITCs have a demonstrated 400% return, projected to expand the U.S. economy by $1.9 trillion over the next decade, according to the American Clean Power Association.

Tom Brown, CEO of Lightstar, emphasized, “If the United States wants to ensure a secure American energy pipeline – the Senate must safeguard current solar investments which have already drawn down significant capital expenses. Abruptly cutting off the investment tax credits undermines the stability of a high-performing industry, jeopardizing hundreds of thousands of jobs and billions in private investment.”

Lightstar’s mission is rooted in supporting rural property rights, fostering long-term partnerships, and promoting responsible land use. Lightstar is committed to designing solar projects that operate in harmony with agricultural activity, ensuring that land remains in agricultural operation through innovative agrivoltaics. Without the investment tax credit these projects cannot move forward.

“The Senate must act to protect responsible solar and block the House ITC provisions,” added Bullock-Sieger. “Canceling the investment tax credit in 2025 means canceling the futures of thousands of farming families and jeopardizing our energy security as a nation. We need more food and energy, not less – and farming families should be able to deliver both for America.”

Tell Congress to keep American Energy Incentives in place for America’s farmers. Act now! You can support America’s farming families, visit:

For Farmers:
Farmers in Support of American Energy Incentives

Add your company to the sign-on letter today to help defend Solar and storage tax credits:

For Farming Organizations:
Farming Organization Letter – Defend Clean Energy Incentives

About Lightstar
Lightstar develops, builds, and operates community solar projects that deliver lasting benefits for landowners, their land, and local communities. With a focus on environmental stewardship and long-term partnerships, Lightstar empowers America’s rural families to thrive in a changing world while protecting the legacy and productivity of their land.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/lightstar-stands-with-americas-farming-families-to-defend-rural-property-rights-agricultural-resilience-and-american-energy-independence-302465916.html

SOURCE Lightstar Renewables, LLC

NEW YORK, May 27, 2025 /PRNewswire/ — 

 

CALL TO ACTION:
Horizons NYC is actively seeking referrals of rising kindergarten and first-grade students who are struggling in school with suspected learning disabilities and qualify for free or reduced lunch. Families, schools, and community organizations are encouraged to contact Macy Stockton, Executive Director, at mstockton@horizonsnewyorkcity.org, or visit horizonsnewyorkcity.org/horizons-gateway to learn more.

First-of-Its-Kind Summer Program Launches for Struggling Young Learners in NYC

The Gateway School and Horizons New York City are proud to announce the launch of Horizons NYC at The Gateway School—a first-of-its-kind summer program offering early, tuition-free intervention for children from systemically under-resourced communities who are struggling in school with suspected language-based learning disabilities.

This groundbreaking initiative is the first to pair a nationally recognized summer enrichment model with the deep expertise of a school that specializes in language-based learning differences. It is designed to reach students before formal diagnoses are typically made, when the proper support can make the most significant impact.

Launching this summer for rising kindergarten and first-grade students, the program will grow over time to serve grades K–8. Combining Gateway’s 60 years of experience in specialized education with Horizons NYC’s proven out-of-school model, it delivers critical literacy instruction and social-emotional support during a vulnerable time for young learners.

“This is a truly unique collaboration with the potential to change lives,” said Joseph Auteberry, Gateway educator and Program Director. “We’re meeting students at the moment they begin to struggle and offering the tools and confidence they need to succeed.”

The initiative has drawn strong support from education leaders. Former NYC Schools Chancellor Carmen Fariña supports the program for providing learning opportunities to students who may not otherwise have access, helping to change the trajectory of their lives and create generational impact for families.

Assembly member Robert C. Carroll ’97, a Gateway alumnus and author of the Dyslexia Task Force Act, also champions the effort as a model for literacy equity and early intervention.

To refer a student or learn more, visit: https://www.horizonsnewyorkcity.org/horizons-gateway

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/first-of-its-kind-summer-program-launches-for-struggling-young-learners-in-nyc-302465934.html

SOURCE The Gateway School of New York

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