SENA Health Secures Series A Financing to Accelerate Growth and Expand AI and Technology Capabilities

MULLICA HILL, N.J., Sept. 14, 2026 — SENA Health, a New Jersey-based AI-powered healthcare access and care coordination company, today announced it has secured Series A financing led by Rittenhouse Ventures. The funding will support the expansion of SENA’s Clinical Command Center and global operations. SENA is dedicated to relentlessly reducing friction in healthcare by reducing the administrative burden for healthcare organizations, making it easier for patients to access care, and enabling providers and staff to focus on delivering an exceptional healthcare experience.

The new capital will support the company’s ongoing growth, including expansion of business development and sales initiatives, as well as continued investment in artificial intelligence and technology development.

“We are impressed by SENA’s innovative approach to healthcare operations and patient access, as well as the opportunity to help address some of the industry’s most pressing challenges, using AI and human expertise judiciously. We are excited to partner with the SENA team and support the company as it enters its next phase of growth,” said Sushma Rajagopalan, Partner at Rittenhouse Ventures. Rajagopalan will join SENA’s Board of Directors, bringing additional strategic guidance and industry expertise as SENA builds on its momentum and scales its business using the best technology and AI.

“We are thrilled to welcome Rittenhouse Ventures as a strategic partner as we continue to transform healthcare operations and patient access, combining people and technology to drive meaningful outcomes for the organizations and patients we serve,” said Dr. Anthony Wehbe, Founder and CEO of SENA Health. “Rittenhouse’s strategic perspective, knowledge of the technology and healthcare industry, and operational guidance will be invaluable as we scale SENA Health, expand our capabilities, and help more healthcare organizations improve access, efficiency, and the patient experience.”

The funding positions SENA to expand its reach as healthcare organizations increasingly seek better ways to improve access to care and simplify operations. By addressing the root causes of operational friction, SENA aims to make healthcare easier to navigate, more responsive, and more human-centered for providers, staff, and patients.

About SENA Health

SENA Health is an AI-enablement company helping medical practices improve patient access, reduce administrative overhead, and build more scalable care delivery models. Through its 24/7 Command Center, SENA takes over front desk, back office, and call center functions, combining intelligent automation with clinical expertise to streamline operations, strengthen coordination, and support high-quality patient care.

For more information, please contact SENA Health at 609-888-6039 or [email protected].

About Rittenhouse Ventures

Rittenhouse Ventures is an emerging-growth venture capital firm that partners with capital-efficient B2B SaaS, AI, and tech-enabled services companies. With a strategic focus on the Mid-Atlantic region and other underserved markets, Rittenhouse invests in companies generating $2M-$10M in revenue, typically into rounds of $5M or less. The firm is dedicated to providing deep operational support and unique network access, collaborating with exceptional management teams to foster sustainable growth and market leadership. (https://techcouncilventures.com/transcendap-partners-with-rittenhouse-ventures-tech-council-ventures-to-fuel-ai-ap-growth/)

SOURCE SENA Health

Vance Street Capital Announces Katherine Dowley as Head of Investor Relations

LOS ANGELES, Sept. 14, 2026 — Vance Street Capital (“Vance Street”), a Los Angeles-based private equity firm, today announced that Katherine Dowley has joined the firm as Head of Investor Relations. The addition reflects Vance Street’s continued growth and investment in the firm’s institutional capabilities and long-term partnerships with limited partners.

“We are excited to continue building out our investor relations function with a leader of Kate’s experience. She brings the relationship-oriented approach that is essential to being a strong partner to our investors and her addition reflects our commitment to supporting Vance Street’s continued growth with exceptional talent,” said Brian Martin, Managing Partner at Vance Street.

Vance Street’s strategy is focused on partnering with founder-owned and family businesses and corporate carve-outs that provide highly engineered, mission-critical solutions across the industrial, medical and life science, and aerospace and defense markets. The firm closed Vance Street Capital IV at its $775 million hard cap in 2024, bringing total capital raised to more than $2 billion.

As Head of Investor Relations, Kate will lead Vance Street’s investor relations function, including capital formation, investor communications, and relationship management with current and prospective limited partners. She will work closely with the firm’s leadership and investment teams to deepen investor engagement and support Vance Street’s continued institutional growth. Kate joins Vance Street from W Capital Partners and previously worked at L Catterton and Lindsay Goldberg. She earned a B.A. from the University of Chicago.

“Vance Street has built a differentiated platform grounded in deep sector experience, a clear investment strategy, and genuine partnership. I was drawn to the quality of the team and the firm’s thoughtful, long-term approach to both investing and investor relationships. I look forward to working with Vance Street’s limited partners and contributing to the firm’s next phase of growth,” said Kate Dowley.

About Vance Street Capital LLC
Vance Street Capital is a middle-market private equity firm focused on investing in highly engineered solutions businesses across the industrial technology, medical, life science, aerospace, and defense sectors. Vance Street works with management teams and family owners to accelerate revenue growth, improve operations, and acquire strategic assets for the companies in their investment portfolio. For more information on Vance Street Capital, please visit www.vancestreetcapital.com.

Media Contact: Jason Burmer, 310-231-7100

SOURCE Vance Street Capital

Traverse Group Launches ToyVerse, Dynamic New Venture in the Global Toy Business

Powerhouse Team of Industry Veterans to Debut Inaugural Product Range at LA Fall Previews

BENTONVILLE, Ark. and MELBOURNE, Australia, Sept. 14, 2026Traverse Group, a privately owned retail group generating over $1 billion annually in GMV, has officially announced its expansion into the global toy market with the launch of its new venture, ToyVerse.

Owned by retail veterans JD Hayes and Clint Lazenby, Traverse Group, based in Bentonville, has developed capability expertise in sales strategy, retail brokerage, manufacturing, brand development, licensing, eCommerce, warehousing, fulfillment, logistics, and supply chain execution under one platform for major global retailers and brand partners.

Recognized for four consecutive years on the prestigious Inc. 5000 list of fastest-growing private companies, Traverse Group maintains robust ongoing supply programs with major global retailers including Walmart, Sam’s Club, Target and Costco Global. Notably, Traverse Group has become the #1 supplier of toys globally into the Club channel in dollar share, largely driven by managing the Pokémon trading card program.

“Launching our own toy development company was a natural progression given the retail reach and customer base the Traverse team has built up over the years,” said JD Hayes, Co-Founder of Traverse Group. “We are excited to build on our strong retail footprint and leverage our end-to-end supply chain infrastructure to bring innovative products directly to consumers worldwide.”

Product design and development, global brand strategy and licensing for ToyVerse will be driven out of a newly established innovation hub located in Melbourne, Australia. Heading the hub is industry leader Claire Carroll, who joins ToyVerse following successful tenures as SVP of Strategy for Toy Monster as well as Global Head of Girls Toys for Moose Toys and Disney ANZ.

ToyVerse will make its industry debut on the Toy Industry Association’s LA Fall Preview circuit this month, offering retail partners an exclusive first look at its innovative portfolio. ToyVerse products are scheduled to officially hit retail shelves in Fall 2027.

The inaugural ToyVerse product range will span multiple core categories, including Construction, Novelty, Plush, Craft, and Collectibles, with additional announcements regarding global licensing partnerships expected in the coming months.

About Traverse Group:

Based in Bentonville, Arkansas, Traverse brings together sales strategy, retail brokerage, manufacturing, brand development, licensing, eCommerce, warehousing, fulfillment, logistics, and supply chain execution under one platform. The core category focus includes Home, Consumables, Petcare, Homewares, Toys, and Owned Brands, Traverse supports the full lifecycle of retail growth from product development and commercial strategy to operational execution with major global retailers and club channels.

SOURCE ToyVerse

Northwind Group Provides a $219 Million Construction Loan for the Office-to-Residential Conversion of 100 Wall Street, a 463K SF Office Tower in Lower Manhattan

NEW YORK, Sept. 14, 2026Northwind Group, a Manhattan-based real estate private equity firm and debt fund manager, today announced the origination of a $219 million first mortgage construction loan for 100 Wall Street, a 29-story, 463,000-square-foot office building in Manhattan’s Financial District. Loan proceeds retired the existing debt on the property and will fund the conversion of floors 2 through 11into 168 residential rental apartments, while floors 15 through 29 are nearly fully leased and will remain as office space. 

The conversion is being led by a joint venture between Lloyd Goldman’s BLDG and David Werner Real Estate Investments, two highly experienced New York City real estate sponsors. The joint venture acquired the building in July 2024 and quickly advanced the property through planning and predevelopment, which included successful relocations of office tenants from the base of the building into its top floors.

100 Wall Street is an ideal conversation candidate, with efficient floor plates providing optimal spacing between the windows and the building’s core and the freestanding nature of the building delivering four sides of natural light and air to the residential units. Additionally, the building already features two distinct elevator banks to allow for separate access points for residential and office tenants. Residents will have access to a full-service amenity package including a pool, fitness center, sports simulator, theatre, and rooftop deck with an outdoor kitchen.

The Sponsor has assembled an experienced project team to execute the conversion. Triton Construction, who alongside BLDG recently completed construction of The Orchard, a 70-story residential skyscraper in Long Island City, will serve as construction manager. Gensler Architecture, Design & Planning, one of the world’s largest architects, has been engaged as executive architect.

David Werner, President of DWREI, said, “It was great to have closed this transaction with Ran Eliasaf and Michael Ainbinder of Northwind Group. They have been an excellent partner to DWREI, and their certainty of execution is unparalleled in the marketplace. We’re very pleased to be moving ahead with the next phase of 100 Wall Street. Lloyd Goldman and the BLDG team have been terrific partners.”

Justin Kleinman, Executive Vice President and COO of BLDG, said, “100 Wall Street is uniquely suited for adaptive reuse, allowing us to create 168 luxury residences while maintaining a Class A office component with best-in-class amenities. We are thrilled to continue our outstanding financing relationship with Northwind Group and this closing represents an important milestone for the project. We appreciate Northwind’s continued confidence in the vision at 100 Wall Street.”

The loan was originated through Northwind Group’s discretionary debt fund platform as part of the firm’s ongoing strategy of providing financing for well-located, institutional-quality office-to-residential conversions across New York City and other supply constrained markets.

Ran Eliasaf, Founder and Managing Partner of Northwind Group, commented, “We are pleased to continue our partnership with Lloyd Goldman and David Werner, two of New York’s most established real estate investors. We believe 100 Wall Street is an ideal conversion that will deliver 168 much-needed residential units to the city and the fact that the office component is already over 95% occupied and cash flowing is very positive. Great work by our team executing this financing and expanding our initial $95mm pre-development loan into a full construction loan. This is the 8th conversion project we have financed in the city, and we are implementing all experience we have learned as we continue expanding our credit platform into this strategy.”

Northwind was represented by John Vavas of Polsinelli Group.

About Northwind Group
Founded in 2008 by Ran Eliasaf, Northwind Group is a Manhattan-based real estate private equity firm and debt fund manager specializing in credit investments through its discretionary, closed-ended debt funds. The firm has successfully executed over $11 billion in real estate transactions in the U.S. across more than 400 real estate and healthcare properties in 28 states. For further information, go to www.northwind-group.com.

About David Werner Real Estate Investments
David Werner is a NYC based real estate investor who has been actively involved in commercial real estate for more than 40 years. He has extensive experience with both office and residential properties and has owned many iconic office buildings in NYC.

About BLDG Management
BLDG Management Company, Inc., led by Lloyd Goldman, is a Manhattan-based, privately held real estate investment, development and management company with an expansive portfolio of residential, retail, industrial, hospitality and office assets across the United States.

Media Contact
[email protected]

SOURCE Northwind Group

Agilis Air Raises $1.4 Million to Build Next-Generation Drones and Autonomy Technologies in Ohio

Backers of the Ohio-based developer include AgEagle Aerial Systems (NYSE: UAVS), North Coast Ventures, Vici Capital, Ohio Innovation Fund, and angel investors, including retired Gen. John “Mike” Murray, first commanding general of the U.S. Army Futures Command, who serves as strategic advisor; and Yon Raz-Fridman, Agilis Air’s co-founder and executive chairman. The company’s Remora drone is now available for direct purchase by military units, and Agilis is competing in upcoming phases of the Department of War’s $1.1 billion Drone Dominance Program.

YOUNGSTOWN, Ohio, Sept. 14, 2026 — Agilis Air Inc., a developer and manufacturer of low-cost, American-made drones and autonomy technologies, today announced $1.4 million in early funding and its acceptance to the U.S. Army’s new UAS Marketplace, where its Remora drone is live and available for direct purchase by Army units and U.S. government entities and allies. The round includes AgEagle Aerial Systems (NYSE: UAVS), North Coast Ventures, Vici Capital (family office of Kevin Stein, retired CEO of the Ohio Innovation Fund) and angel investors.

Agilis builds the Remora ARQ, a Group 1 first-person-view aircraft for reconnaissance and tactical missions that costs $1,250 per unit, a fraction of the average industry range, ships three weeks from order, and is produced in Ohio with a 100% U.S., NDAA-compliant supply chain.

The company is announcing itself at a moment when the Pentagon has made small drones a national priority. The Department of War’s Drone Dominance Program is directing $1.1 billion toward fielding hundreds of thousands of American-made small drones, and the Army’s UAS Marketplace, launched in March and described by Army leaders as an “Amazon for the soldier,” lets units buy approved systems directly for the first time. Agilis entered the Marketplace’s Cleared tier, its highest onboarding phase, on the strength of its established NDAA compliance, and is positioning to compete in upcoming phases of the Drone Dominance Program, where its unit cost sits well below the program’s $2,300 affordability target.

“America invented flight in Ohio, and Ohio is where America’s drone industrial base should be rebuilt,” said Yon Raz-Fridman, co-founder and executive chairman of Agilis Air. “The next generation of deterrence belongs to whoever can field capable autonomous aircraft at the price of ammunitionthousands of them, built here, not imported. We’re building that company from Northeast Ohio, on top of the 4,000 aerospace suppliers and 120,000 aerospace workers this state already has.”

Agilis was co-founded by CEO Shawn Theiss, an unmanned aerial vehicle(UAV) pioneering designer and UAV engineer with over 40 years in aviation who has spent three decades building custom drone systems for U.S. defense customers—more than 40 federal contracts delivered and over 600+ specialized drones fielded—and Raz-Fridman, a serial founder who has built and scaled venture-backed software and hardware companies for 15 years, with one company acquired in 2025.

“I’ve spent nearly 30 years building drones for defense customers and learning what works in the field,” said Theiss. “Remora is the resulta rugged, affordable $1,250 platform that’s intuitive to fly, rapidly repairable, and engineered to deliver dependable performance when it matters most.”

“Supporting companies pushing the boundaries of American drone technology is core to our mission, and Agilis is exactly that,” said Bill Irby, CEO of EagleNXT. “Their low-cost, American-made quadcopters are the natural complement to our Group 1 fixed-wing systems—together they give defense customers a full multi-domain unmanned capability, from long-endurance ISR to affordable, attritable tactical aircraft. Shawn and Yon are building the manufacturing engine this moment demands, and we’re proud to back them as they go live on the Army’s UAS Marketplace.”

Beyond the airframe, Agilis is developing onboard autonomy for GPS-denied environments and an intelligence software stack designed to plug into the Army’s networked unmanned-systems ecosystem— positioning the company as a drone developer and autonomy company rather than a hardware vendor alone.

“The Pentagon has been clear about what it needs: affordable, attritable drones made in America, at scale,” said Todd Federman, Managing Director of North Coast Ventures. “Agilis is one of the few teams with the cost structure and manufacturing depth to pull that off, and they’re doing it in Northeast Ohio, where the aerospace workforce and supply chain already exist. We think that combination is hard to beat.”

The funding will support production ramp of the Remora platform at the company’s Youngstown facility, completion of certifications, and delivery against the company’s Army pipeline. Agilis’ early development was supported by the Youngstown Business Incubator’s ENGINE tech incubator and the Youngstown Innovation Hub for Aerospace & Defense.

About Agilis Air Inc.

Agilis Air is an Ohio-based defense technology company building low-cost, modular, NDAA-compliant unmanned systems developed and manufactured entirely in the United States on a 100% domestic supply chain. Agilis designs affordable, attritable systems for the modern battlefield, led by its Remora platform, a low-cost quadcopter built for ISR and tactical missions. The company was co-founded by CEO Shawn Theiss, who delivered more than 40 U.S. Department of Defense programs over three decades through his prior company, Theiss UAV Solutions, and Executive Chairman Yon Raz-Fridman, a serial tech entrepreneur. Agilis is building American manufacturing capacity in Northeast Ohio for the next generation of unmanned systems. https://agilisair.com/ 

About Team Yon LLC

Team Yon LLC is a privately held holding firm founded and owned by Yon Raz-Fridman. The firm incubates new ventures and makes strategic investments. Through Team Yon LLC, Raz-Fridman co-founded Agilis Air Inc. where he serves as Executive Chairman. https://teamyon.org/ 

Editor’s note: Founders Yon Raz-Fridman and Shawn Theiss are available for interviews, and the company can host facility visits and flight demonstrations in Youngstown. High-resolution images of the Remora platform, founder headshots, and b-roll are available on request.

Media contact: [email protected]

SOURCE Agilis Air

Buildots raises $130M to bring AI to the $16T construction industry – and power the global data center buildout

Global construction is a $16 trillion industry that sits on the critical path of the decades’ biggest shifts: the AI data center buildout, manufacturing’s re-industrialization, the defense boom and the race to scale energy. Buildots’ AI platform is the control tower for these large-scale construction programs, giving the world’s largest builders a verified picture of what’s happening on site so they can run projects on objective data rather than instinct.

100+ of the world’s largest firms already use Buildots, including hyperscalers and other owners like Intel and Digital Realty, as well as construction industry titans such as STO Building Group, JE Dunn, Mortenson, Bouygues and HOCHTIEF. Buildots gives them a single source of truth, delivering unique visibility and predictability. It lets them know sooner, act faster, and outperform, with real revenue and margin riding on every decision.

The stakes are growing as the world re-industrializes. On AI data centers, advanced manufacturing facilities, energy infrastructure and other mission-critical projects, construction has become more complex, timelines are shorter, and more is at stake, accelerating the need to change construction’s service model. In this environment, seven-figure, portfolio-wide, multi-year agreements are now the norm for Buildots, not the exception.

“It will soon be inconceivable that anyone managed a construction portfolio without Buildots,” said Roy Danon, CEO and Co-founder of Buildots. “That shift was already underway before the AI buildout, but the buildout has poured rocket fuel on it. Buildots is now used across residential, commercial and – of course – mission-critical projects worldwide, on jobs of every size, from single sites to entire portfolios. The blind spot we solve for a data center is the same one that’s been costing a school or a hospital for decades, just at much greater scale, which is why the world is finally paying attention. The AI era will be built on schedule.”

A feedback loop between the physical and digital worlds

Buildots creates a feedback loop between the physical and digital worlds through its proprietary AI, built on eight years of data from real construction sites, not scraped from the internet or borrowed from general-purpose models. That data advantage can’t be shortcut. Its computer vision models turn video footage into a digital twin of each project, interpreting construction schedules, 3D models and site imagery together to classify hundreds of types of work. This replaces fragmented reports, manual inspections and subjective assessments with a single, continuously updated view of where a project stands and accurate forecasting of where it is heading.

For customers, the ROI is material. On a billion-dollar project, for example, even small execution improvements can translate into substantial economic value. Earlier visibility creates more time to recover delays, and better progress data improves the deployment of people and capital. Portfolio-level intelligence allows executives to identify risks across multiple projects before they become costly.

Construction’s missing infrastructure

Buildots is set to become indispensable infrastructure for its customers, as fundamental to running their business as financial or procurement systems. Getting there means scaling in three directions:

  1. Wider: into more of the world’s largest portfolios across North America and EMEA
  2. Deeper: across the full construction lifecycle, from bidding to handover
  3. Higher: into the business-level intelligence that lets leadership run their whole portfolio the way a factory floor is run: measured, consistent, improving on itself

Ziv Kop, Managing Partner at O.G. Venture Partners, said: “In 20+ years of backing category-defining companies, the pattern is always the same: the winners build the foundational technology layer that everyone else ends up depending on. Buildots is that layer for construction, trained on a volume and quality of site data that nobody else has.” 

The round adds two new investors to Buildots’ cap table: Human Capital, the San Francisco firm behind companies applying AI to the physical world (SpaceX, Neuralink and Anduril among them), and Mohari Ventures. The company’s investor base also includes TLV Partners, Future Energy Ventures, Maor Investments and Tidhar, all long-standing backers of Buildots.

About Buildots

Buildots is the global construction intelligence platform, serving as the operational backbone for construction projects of all scales – from local schools and multi-family projects to the world’s most complex data centers and mega-projects. By transforming site data into actionable insights, Buildots enables construction leaders to know sooner, act faster, and outperform. Buildots is currently used by Fortune 500 contractors and household-name owners, including Turner Construction, JE Dunn, Intel, HOCHTIEF, and Bouygues, to drive operational excellence worldwide.

Media Contact
Zack Rothbart, Concrete Media 
[email protected]

SOURCE Buildots

Private Equity Legal Alliance Releases Third White Paper: PI Platform Architecture Update

New publication examines how personal injury platforms are being built, where value is being created and how founders can prepare for an institutional market

CHICAGO, Sept. 14, 2026The Private Equity Legal Alliance (PELA) today announced the release of its third white paper, PI Platform Architecture Update: Building the Market, Engineering the Platform Exit, a state-of-the-market briefing examining how personal injury platforms are being assembled as institutional capital continues to reshape the legal industry.

The publication represents the next stage in PELA’s ongoing examination of private capital and legal services. Its inaugural white paper explored why private equity is entering personal injury, while the second focused on how modern law firm MSOs are structured and built from Letter of Intent through post-transaction integration. The new paper turns its attention to a market that is no longer theoretical.

“The conversation has moved very quickly from whether institutional capital will enter personal injury to how these platforms are actually being built,” said Seth Deutsch, Founder and CEO of Samson Partners Group. “We are now seeing recognizable patterns emerge – different entry points, different acquisition sequences and different approaches to creating value. This paper gives founders and investors a practical map of the market we see developing in real time.”

The release also comes as PELA expands both its membership and the expertise represented within the alliance. CBIZ, Inc. and Dykema have joined the group, bringing additional depth in financial diligence and transaction readiness, as well as transaction counsel and legal strategy.

“As the market has evolved, PELA has evolved with it,” Deutsch said. “CBIZ and Dykema bring important new capabilities to the alliance and make an already multidisciplinary team even stronger.”

The 53-page report reflects that growing breadth of expertise. In addition to Deutsch, contributors include Jordan McMillian, Partner at Samson Partners Group; Luke Snyder, Managing Director at CBIZ; and Evan Atkinson, Member with Dykema. Chad Dudley, Managing Partner of Dudley DeBosier Injury Lawyers and Co-founder and CEO of Orion Legal MSO, also contributes a guest founder’s perspective based on his firsthand experience building and operating a personal injury MSO.

At the center of the paper is a simple observation: there is no single way to build a personal injury platform. PELA identifies three principal entry points – brand-first, litigation-first and lead-generation-first – that ultimately converge toward the same destination: a vertically integrated platform combining brand, controlled lead supply and intake, and in-house litigation capability.

“The firms and investors entering this market may be starting in very different places, but increasingly they are building toward the same operating model,” said McMillian. “The real differentiator will not simply be who acquires the most firms. It will be who can integrate those businesses into an operating platform that improves performance, absorbs growth and continues to function without depending on any one founder.”

The paper also examines several factors that will increasingly influence platforms’ ability to succeed, including rising client-acquisition costs, the use of technology and artificial intelligence to create operating leverage, litigation capability to increase realized case value and portfolio diversification beyond motor vehicle accidents. Successfully navigating these dynamics, the paper argues, can reduce concentration risk, broaden demand sources and create a more scalable and valuable enterprise.

For founders, the report includes an extensive pre-transaction diligence primer addressing normalized EBITDA and Quality of Earnings, revenue concentration, case inventory, marketing performance, legal and structural readiness, leadership depth and organizational preparedness.

It also emphasizes the importance of preparing before an LOI is signed, when sellers generally have greater negotiating leverage and key economic and structural terms are still being established.

“More often than not, we see sellers execute an LOI before retaining counsel, without realizing that they will never have more leverage in a transaction than they do before signing it,” said Atkinson. “Experienced counsel should be involved at the LOI stage to help ensure that key legal and economic protections are baked into the deal from the start.”

Financial preparation is particularly important. “Buyers are going to challenge EBITDA. That is part of the process,” Snyder said. “The key is making sure the seller does not lose credit for revenue the firm has already earned simply because the cash comes in later. Well-supported accruals help demonstrate the economic earnings already embedded in the business and distinguish genuine earnings concerns from revenue that has been earned but remains uncollected.”

The paper’s guest contribution from Dudley highlights the founder’s perspective. His firm partnered with Uplift Investors to create Orion Legal MSO, giving him firsthand experience with many of the choices facing PI firm owners today. Dudley frames those choices around three paths: become the platform, join an existing platform, or continue building an exceptional independent firm while preserving future options. “Regardless of which path you ultimately choose, there is one recommendation that applies universally: keep building a better firm,” Dudley writes. “A stronger business creates more options.”

Ultimately, PI Platform Architecture Update argues that the next phase of private capital in personal injury will be defined less by individual transactions than by the quality of the platforms those transactions create.

“The destination is convergence and the prize is the platform, not the firm,” Deutsch said. “The platforms that win the next decade will be the ones that manufacture leverage against rising acquisition costs, integrate their supply, build genuine litigation capability and deliberately construct the portfolio that creates the next level of enterprise value.”

The white paper – along with the previous two white papers – is available for free download through PELA member organizations and at samsonpartnersgroup.com/pe-legal-alliance.

About the Private Equity Legal Alliance

The Private Equity Legal Alliance is a growing consortium of leading advisors, legal experts, business specialists and financial professionals dedicated to helping law firms and investors navigate today’s evolving landscape of ownership opportunities. Its members bring together expertise in private equity, investment banking, transaction law, legal ethics, financial diligence, platform operations and law firm management to provide the multidisciplinary perspective required to structure, build and operate ethical and sustainable partnerships in the modern legal economy. Learn more at SamsonParntersGroup.com/pe-legal-alliance.

SOURCE The Private Equity Legal Alliance

Genstar Capital Makes Growth Investment in Richey May

SAN FRANCISCO and DENVER, Sept. 14, 2026 — Genstar Capital and Aksia today announced a strategic growth investment in Richey May, a Top 50 accounting and advisory firm.

The investment will accelerate Richey May’s organic growth and M&A strategy, supporting the Company’s continued expansion as a national platform. Genstar and Aksia join existing investor F3 Partners and Richey May management, who are retaining significant ownership stakes.

Guggenheim Securities, LLC served as financial advisor to Richey May and F3 Partners and BMO Capital Markets served as financial advisor to Genstar.

About Richey May

Richey May is a full-service firm providing accounting, tax, and advisory services to clients across diverse industries and geographic markets. For over 40 years, the firm has combined deep technical expertise with a responsive, client-focused approach, serving clients nationwide from its Denver, Colorado headquarters and offices across eight states.

“Richey May” is the brand name under which Richey, May & Co., LLP and RM Advisory LLC provide professional services. Richey, May & Co., LLP, a licensed independent CPA firm, provides attest services to its clients, and RM Advisory LLC and its subsidiary entities provide tax and business consulting services to their clients. To learn more, visit www.richeymay.com.

About Genstar Capital

Genstar Capital (www.gencap.com) is a leading private equity firm that has been actively investing in high-quality companies for over 30 years. Based in San Francisco, Genstar works in partnership with its management teams and its network of strategic advisors to transform its portfolio companies into industry-leading businesses. Genstar currently has approximately $51 billion of assets under management and targets investments focused on targeted segments of the financial services, software, healthcare, and industrials industries.

About Aksia

Aksia (www.aksia.com) is a global pan-alternatives solutions provider for institutional investors, headquartered in New York. Aksia’s private equity, private credit and real assets co-investment teams invest alongside leading sponsors. Aksia has nine offices across North America, Europe, the Middle East and Asia.

About F3 Partners

F3 Partners (www.f3partnersllc.com) is an investment firm focused on helping families and founders grow their businesses into leading middle market companies. Based in New York City, F3 invests $10-100 million into consumer, business services, healthcare, and software businesses across North America.

Media Contacts

For Richey May
Felicia Mullison, Chief Marketing Officer
[email protected]

For Genstar Capital
FGS Global
[email protected]

For Aksia
[email protected]

For F3 Partners
[email protected]

SOURCE Genstar Capital

NexPhase Capital Announces Investment in EVERYWHERE Communications

NEW YORK, Sept. 14, 2026 — NexPhase Capital, LP (“NexPhase” or “NPC”), a thematically driven and operationally focused private equity firm, today announced that it has made an investment in EVERYWHERE Communications (“EVERYWHERE” or the “Company”), a mission-critical software platform that helps government and enterprise organizations connect, protect, and coordinate distributed teams through resilient communications, automated workforce safety, real-time situational awareness, and actionable operational intelligence. Terms of the investment were not disclosed.

Founded in 2016 and headquartered in Annapolis, Maryland, EVERYWHERE helps government and enterprise organizations protect, coordinate, and gain real-time visibility into personnel and operations across some of the world’s most demanding environments. The purpose-built EVERYWHERE Platform combines resilient connectivity across satellite, cellular, Wi-Fi, and other communications networks with messaging, location monitoring, automated check-ins and safety workflows, geofencing, emergency response, dynamic data visualization, and actionable geolocated intelligence.

By connecting personnel, devices, and operational data, EVERYWHERE enables leaders to identify emerging risk, coordinate response, and make better-informed decisions without relying solely on manual interaction from personnel in the field. Today, EVERYWHERE serves customers across government, utilities, mining, oil and gas, humanitarian aid, and other mission-critical sectors in more than 175 countries.

“EVERYWHERE has built a differentiated platform at the intersection of resilient communications, workforce safety, and operational intelligence,” said Bob Gartland, Partner at NexPhase. “Organizations increasingly need reliable communications, real-time visibility, and intelligent tools to protect and coordinate distributed teams. We look forward to partnering with Patrick, Jake, and the EVERYWHERE team to invest in the Company’s go-to-market capabilities, customer success, and product organizations as it expands its reach across its core government and enterprise verticals.”

“This investment allows us to build on the momentum we’ve created while staying true to our mission of helping organizations connect, protect, and coordinate their people wherever they operate,” said Patrick Shay, Founder and Chief Executive Officer of EVERYWHERE. “The NexPhase team’s experience scaling software and technology businesses makes them what we view to be the ideal partner as we invest further in our team, expand our reach, and drive innovation across the EVERYWHERE Platform. We will remain focused on delivering strong organic growth while also actively evaluating strategic acquisitions that can broaden our capabilities, strengthen our market position, and accelerate our growth trajectory.”

“Reliable connectivity will always be foundational to what we do, but the opportunity ahead is much larger,” said Jake Bailey, President of EVERYWHERE. “Our customers increasingly want to understand what is happening across their operations, where risk is emerging, and when action is required—without relying on someone in the field to initiate that communication. This partnership provides us with additional resources to strengthen our open, connected platform, expand automated safety workflows, and accelerate the operational intelligence capabilities that give leaders who use our product greater visibility and enable faster, better-informed decisions.”

Following the close of the transaction, EVERYWHERE will continue to be run by its current management team.

Choate, Hall & Stewart LLP served as legal advisor to NexPhase. Baird served as exclusive financial advisor to EVERYWHERE, and DLA Piper LLP served as the Company’s legal advisor.

About EVERYWHERE Communications
EVERYWHERE Communications delivers a purpose-built, mission-critical software platform that helps government and enterprise organizations connect, protect, and coordinate distributed personnel and operations. The EVERYWHERE Platform combines secure, resilient connectivity across satellite and wireless networks with messaging, location intelligence, automated safety workflows, dynamic data visualization, emergency response, and actionable operational intelligence. Serving customers in more than 175 countries, EVERYWHERE supports organizations across government, utilities, mining, oil and gas, humanitarian aid, and other mission-critical sectors. Founded in 2016, EVERYWHERE is headquartered in Annapolis, Maryland. For more information, visit www.everywherecomms.com.

About NexPhase Capital
|NexPhase Capital is a thematically driven and operationally focused lower middle-market private equity firm that makes control investments in growth-oriented and capital-efficient companies within three distinct industry verticals: healthcare, software, and consumer. NexPhase partners with companies that have reached a growth inflection point and are seeking a value-added partner to help navigate the Company’s “next phase.” The NexPhase team has extensive industry and operational experience, and NPC’s Partners have invested together for over 15 years. NexPhase has completed over 100 investments, including add-ons, and targets equity investments between $40 million and $225 million. Since inception, NexPhase has raised and managed approximately $2.6 billion of capital. For more information, visit www.NexPhase.com.

Media Contacts
NexPhase:
Kate Thompson / Kate Kelley / Heather Milke
Joele Frank, Wilkinson Brimmer Katcher
212-355-4449

SOURCE NexPhase Capital