Category: Company News

Palm Coast, FL – October 18, 2022 – Coastal Cloud announced that it has been named a recipient of the Salesforce Partner Innovation Award in Customer Success for the third year in a row for its adherence to the partner program and passionate adoption of the navigator process with a focus on customer satisfaction.

“At Coastal Cloud, we measure our success by our clients’ success,” said CEO Tim Hale. “We are agile, skilled, focused and dedicated to client satisfaction. This dedication results in public praise from our clients on Salesforce AppExchange and winning the Salesforce Partner Innovation Award in Customer Success for three years in a row.”

“The market has evolved. ERP and feature-functionality have given way to data, the new currency. As companies digitize, Salesforce and its ecosystem of on-platform capabilities is the most strategic and effective way to approach digital transformation,” said Mike Wind, Partner and customer Chief Digital Officer of Perpetua Advisors, a Coastal Cloud client of 4 years. “Coastal Cloud’s close collaboration with Salesforce and their deep expertise in the Salesforce platform and the industries Perpetua serves has delivered substantial value to our customers.”

“Salesforce Partner Innovation Award winners, such as Coastal Cloud, help customers grow faster and reach further in this new digital economy,” said Tyler Prince, Executive Vice President, Alliances & Channels, Salesforce. “Salesforce partners are integral to enabling digital transformation and driving customer success.”

Salesforce partners such as Coastal Cloud are part of the growing Salesforce economy, which according to a study by IDC, is projected to produce 9.3 million new jobs and $1.6 trillion in new business revenue by 2026. The study finds that Salesforce is driving massive gains for its partner ecosystem, which will see $6.19 in gains for every $1 Salesforce makes by 2026. Salesforce has also found that more than 90% of its customers use partner apps and experts.

The tenth annual Partner Innovation Awards recognize the significant contribution Salesforce partners have made across clouds, industries, and the broader partner program – including consulting firms, digital agencies, resellers and ISV partners. For a full list of this year’s Partner Innovation Award winners, please see here.

Salesforce, AppExchange and others are among the trademarks of salesforce.com, inc.

About Coastal Cloud

Coastal Cloud is a Salesforce Multi-Cloud Expert Partner that provides consulting, implementation and managed services to businesses, nonprofits, and the public sector. Founded in 2012, the company offers insight and expertise to a wide variety of industries, including communications and media, healthcare, high-tech, manufacturing, private equity and more. Coastal Cloud has earned a 5/5 customer satisfaction rating on the Salesforce AppExchange and is the #1 rated consulting partner on G2Crowd.com. Coastal Cloud attributes its success to a unique company culture, nimble expertise, onshore-only teams, and a relentless focus on delivering quality and forging long-term customer relationships. For more information, visit www.coastalcloud.us

Sunnyvale, CA – September 16th, 2022 – Gener8 LLC (“Gener8”), a portfolio company of Sverica Capital Management LP (“Sverica”), celebrates the company’s 20^th anniversary this month. Since its founding in September 2002 Gener8 has developed into a full product lifecycle engineering and manufacturing partner, successfully serving the biotech, life sciences, and medical device industries. “I feel lucky and honored by the team of amazing employees and customers that have assembled to make Gener8 what it is today. I had no idea when Gener8 started in my garage that it would grow to become a leading global life sciences company that it is now”, said David Klein, founder of Gener8. “None of this would have been possible without the dedicated team who shared a vision and worked tirelessly to achieve it”.

In recent years, Gener8 has expanded its core instrument engineering capabilities through strategic acquisitions in 2019, adding microfluidics cartridge design, development, and manufacturing, and in 2021, adding full lifecycle software development capabilities. Gener8 now offers comprehensive turnkey solutions for instrument, consumable, and software design, development, and manufacturing, under one roof. “These synergistic capabilities provide significant value to our clients by coordinating all aspects of a project, under one roof”, said Jerry Jurkiewicz, Gener8 CEO. “As an evolving company, the new Gener8 logo reflects the seamless connection we provide through each stage of the product lifecycle – from product development and launch through to manufacturing. Gener8 now offers a true end-to-end solution.”

Gener8 is continuing to expand its services by introducing a cost-competitive manufacturing site in Costa Rica in Q4 of this year. In addition, Gener8 will relocate their current company headquarters to a larger facility in San Jose. Gener8’s leadership anticipates continued growth and expansion thanks to the dedication of the entire staff to emerging technology and the trusted confidences of their clientele.

About Gener8

Gener8, founded in 2002, is a leading provider of turnkey design and manufacturing services specializing in high complexity products, primarily for medical device and diagnostics applications. Gener8 maintains state-of-the-art facilities and a world-class engineering team with more than 40 PhDs spanning a multitude of disciplines, including electrical, mechanical, software, optical and systems engineering. For more information, please visit www.gener8.net.

About Sverica Capital Management

Sverica Capital Management is a leading growth-oriented private equity firm that has raised over $1.1 billion across five funds. The firm acquires, invests in and actively builds companies that are, or could become, leaders in their industries. Since inception, Sverica has followed a “business builder” approach to investing and takes an active supporting role in its portfolio companies. Sverica devotes significant time and internal resources to help its management teams develop and execute growth strategies and proactively looks for levers to pull to accelerate growth by reinvesting back into those companies. Sverica firmly believes in building businesses collaboratively that can endure for the long term by starting with a strong foundation and bringing the right people and playbook to drive reinvestment and ultimately strong returns for our investors. For more information, please visit www.sverica.com.

Philadelphia, Aug. 15, 2022  – Stream Companies, the leading full-service, fully-integrated, data-driven, tech-forward advertising agency, today announced that it was included in the Inc. 5000 list of the fastest growing private companies in the United States for the 15th time. Building on 26 consecutive years of growth, the Philadelphia-based advertising leader joins less than 10 U.S. companies who have been recognized in 15 editions of the prestigious Inc. list. Stream Companies’ regular appearances in the Inc. 5000 list demonstrate the organization’s commitment to sustainable long-term growth.

Despite the economic challenges of the COVID-19 pandemic, Stream Companies achieved several key milestones in terms of both business growth and community outreach. The organization’s total headcount doubled from 300 employees to 600 from 2020 to 2022, as the company maintained a remarkable 96% client retention rate. Throughout the COVID-19 pandemic, Stream Companies also maintained commitments to its employees, clients and community through the organization’s “No Streamer Left Behind” initiative, as well as its #PhillyPhights mission to help the local Philadelphia community.

Stream Companies legacy of growth and innovation is driven by the organization’s commitment to equality and inclusion. While half of Stream executives are women, that figure increases to 69% of those holding managerial/leadership positions. Stream invites all employees to come as they are, developing innovative and creative leaders at every level of the company.

“The team at Stream Companies has built an unparalleled legacy of success and growth, which is validated by our inclusion in the Inc. 5000 list for the 15th time,” said David Regn, Co-founder and CEO of Stream Companies. “While we are always thrilled to be recognized by leading publications like Inc., we are most proud of the technology and data-driven solutions we deliver to our clients across the country. We look forward to celebrating more achievements in 2022 and in the years to come.”

About Stream Companies
Stream Companies is a full-service, fully integrated, tech-enabled advertising agency. With over 26 years of experience in advertising and digital marketing, Stream Companies uses a data-driven and solutions-oriented approach to deliver retail traffic and results to businesses across the U.S.

Stream has partnered with over 2,000 businesses in numerous industries, including automotive, education, healthcare, and finance,. Automotive clients include some of the biggest publicly and privately-owned companies in the United States. To learn more about Stream’s offerings, visit http://www.streamcompanies.com

Irvine, CA, and Atlanta, GA – May 12, 2022 – Synoptek, a leading global business and technology consulting firm, acquires distinguished customer experience agency, Macquarium. Synoptek’s unparalleled track record of transforming IT to achieve optimal business results, paired with Macquarium’s long-standing reputation for delivering industry-leading customer engagement, conversion and retention strategies, will create unmatched turnkey solutions for customers.

Since its inception in 1991, Macquarium has provided preeminent business consulting and development services on an international scale to the likes of Southern Company, Norfolk Southern, Snap-on-Tools, Home Depot, MGM, Equifax, UPS, Wells Fargo and more. The company has received numerous accolades, including several Webby Awards, a Smithsonian Award for innovation, and a distinction as one of ‘Atlanta’s Best and Brightest Companies to Work For’.

“With a keen focus on meeting the needs of our valued clients at the heart of everything we do at Synoptek, this acquisition is an exciting step forward for our organization,” said Tim Britt, chief executive officer of Synoptek. “This marriage of two industry-leading brands with a shared vision and commitment to delivering an unprecedented standard of excellence will allow our organization to reach new heights on behalf of every customer we serve.”

“With the increased prevalence of distributed workforces, the market for fully integrated solutions couldn’t be more valued than now,” added founder and chairman of Macquarium, Marc F. Adler. “Joining forces with an industry powerhouse like Synoptek increases the scale and scope of our capabilities. Synoptek’s impressive global team of around 1,000 industry experts will serve as an invaluable resource to uphold our mission of delivering superior customer experiences.”

The synergy between the companies provides a vertically-aligned offering covering research, strategy, design, development, implementation, support and analytics – all with an approach and perspective of the customer or employee experience.

Macquarium’s brand will continue under the Synoptek portfolio.

About Synoptek

Synoptek is a global business and technology consulting and advisory firm that helps companies envision, transform and evolve. As a global systems integrator and managed technology services provider, Synoptek partners with organizations worldwide to help them navigate the ever-changing technology landscape and build solid foundations for their business. With its comprehensive offerings, global workforce and strategic technology partnerships, Synoptek helps organizations grow their business while optimizing and protecting their ecosystem. With growth, ownership, inclusivity and philanthropy embedded in its DNA, Synoptek is committed to delivering improved business results and unmatched service to all its stakeholders. Discover more at www.synoptek.com, or connect with Synoptek on Facebook, Twitter and LinkedIn.

About Macquarium

Macquarium is a digital customer experience agency specializing in engagement, conversion and retention. For over 30 years, Macquarium has worked with iconic brands to improve their customer and employee experiences to drive satisfaction and business growth. Learn more at http://www.macquarium.com.

Grows access to care in Louisiana as part of nationwide expansion plan

Avon, CT – December 20, 2021 – First Fertility, a nationwide fertility company focused on patient experience, announced that it has acquired The Fertility Institute of New Orleans, the first fertility clinic in the state. This acquisition will accelerate growth in Louisiana, creating more access to care for patients seeking infertility treatment in the Southern United States.

“As a fast growing fertility company, First Fertility is committed to smart growth that focuses on providing exceptional care to patients across the country,” said Derek Larkin, CEO of First Fertility. “Our investment in The Fertility Institute of New Orleans is a perfect example of that commitment to our patients, and we’re thrilled to bring the First experience to Louisiana.”

With locations in New Orleans (Metairie), Baton Rouge, and Mandeville, The Fertility Institute of New Orleans brings a wealth of experience to the First Fertility family of centers. Founded in 1976, their history as Louisiana’s first fertility clinic aligns with First Fertility’s mission to innovate with industry-leading and compassionate care that empowers patients and equalizes the ability for everyone to grow their family in the way they want. 

Dr. Peter Lu, of The Fertility Institute of New Orleans said, “We have worked for over forty years to build a fertility clinic that helps so many Louisianans overcome their struggles with infertility. As part of First Fertility, we look forward to continuing our tradition of care while bringing new and exciting programs to help everyone realize their dream of becoming a parent.”

About First Fertility

First Fertility offers comprehensive and customized care for patients to grow their families. The business partners with reproductive endocrinology practices across the United States, investing in and offering strategic opportunities to these Centers of Excellence so that physicians can focus on what matters most: taking care of their patients. Learn more at firstfertility.com.

Sunnyvale, CA – December 7, 2021 – Gener8 LLC (“Gener8”), a portfolio company of Sverica Capital Management LP (“Sverica”), announced today that it has completed its acquisition of the RND Group (“RND”), a leading provider of software development focused on medical device and life science products, based in Indianapolis, Indiana.

With the acquisition of RND, Gener8 is adding full lifecycle software development capabilities, including cloud solutions, verification & validation, quality system compliance, LIS/EHR integration and more. The company has assembled a library of protocols that serve to accelerate the development process by leveraging pre-built core functionality. While Gener8 already provides turnkey instrument and consumable solutions, as well as accompanying firmware, the acquisition of RND enables Gener8 to extend its services off-instrument to the related software.

“RND is a world-class medical software development operation with a blue-chip customer base and a unique set of capabilities,” said Jerry Jurkiewicz, Gener8 CEO. “We have already partnered on several programs, and the value proposition of the combination has strongly resonated with customers.”

“We are excited to join Jerry and the rest of the Gener8 team. From our early interactions it was clear there would be a great fit between our companies, and even more importantly, that bringing our capabilities together under one roof would be a real winner for customers,” added Tim DeFrench, Founder and President of RND.

About Gener8

Gener8, founded in 2002, is a leading provider of turnkey design and manufacturing services specializing in high complexity products, primarily for medical device and diagnostics applications. Gener8 maintains state-of-the-art facilities and a world-class engineering team with more than 40 PhDs spanning a multitude of disciplines, including electrical, mechanical, software, optical and systems engineering. For more information, please visit www.gener8.net. 

Irvine, CA – December 6, 2021 – Synoptek, leader in the global IT consulting field, today announced the strategic acquisition of Rapid Technologies, an Elite ServiceNow partner focused on consulting, implementation and managed services for ServiceNow’s industry-leading enterprise service management (ESM) solutions. The deal strengthens Synoptek’s ability to not only envision and implement ServiceNow solutions for its customers, but also to provide ongoing application support management offerings that will enable clients to get the most out of their investments.

Synoptek’s long and successful history of client partnerships within the ServiceNow ecosystem, paired with Rapid Technologies’ strong reputation for delivering ESM solutions, will reinforce Synoptek’s position as a leader in digital consulting, implementation and IT management. The relationship will also enhance business results through the two brands’ combined ServiceNow expertise.

“In today’s business climate, leaders are being extremely methodical when determining which computing strategies will push their organization to the next level, which has made ServiceNow a key platform to help support technology management,” said chief executive officer of Synoptek, Tim Britt. “As businesses form more and more reliance on their organizational technologies, they must demonstrate efficient operations and a sound return on the investment. ServiceNow is a critical tool for doing just that, and this acquisition gives us access to more expertise around a platform that has become so vital to our clientele. As we continue to build up our resources to support customer needs, acquiring Rapid Technologies was both a strategic decision and seamless fit.”

As a trusted ServiceNow partner, Rapid Technologies brings a level of expertise that Synoptek is poised to leverage and immediately incorporate into the company’s current service offerings. “This move truly allows Synoptek to further commit to a deeper global ServiceNow integration, while also utilizing Rapid Technologies’ like-minded focus on quality service and exceptional results,” added Britt.

Rapid Technologies has been delivering exemplary consulting and implementation services for successful ESM project deployment for over two decades. Providing superior expertise across industry verticals, the organization has seen ample growth as the demand for ServiceNow best practice guidance and ongoing support has increased. As part of the acquisition, Rapid Technologies chief executive officer and president, Bill Mell, along with current vice president of professional services, Charley Whitt, will serve as managing directors of the ServiceNow practice within Synoptek.

“The decision to merge with Synoptek provides extended service and solution offerings for our clients, as well as a major growth opportunity for both of our businesses,” said Mell. “As we leverage our combined team’s deep bench of expertise, we’re eager to continue our commitment to delivering innovative ServiceNow solutions to customers while making an impact in the communities that we serve.”

Along with its current IT leadership, consulting and managed service offerings, Synoptek will extend its ServiceNow arm with the addition of:

• Co-managed ServiceNow capabilities
• ServiceNow application managed services
• ServiceNow implementation and project expertise across the Now Platform®

“Above all, both parties are fully committed to accelerating client business outcomes through our collective value-added offerings. Our customers depend on flawless and persistent IT leadership and management of their systems, and the union of our industry-leading organizations will be key in executing that commitment,” concluded Britt.

About Synoptek

Synoptek is a business and technology consulting firm that helps companies envision, transform and evolve. As a global systems integrator and managed technology services provider, Synoptek partners with organizations worldwide to help them navigate the ever-changing technology landscape and build solid foundations for their business. With its comprehensive offerings, global workforce and strategic technology partnerships, Synoptek helps organizations grow their business while optimizing and protecting their ecosystem. With growth, ownership, inclusivity and philanthropy embedded in its DNA, Synoptek is committed to delivering improved business results and unmatched service to all its stakeholders. Discover more at www.synoptek.com, or connect with Synoptek on Facebook, Twitter and LinkedIn.

About Rapid Technologies

Rapid Technologies, an Elite ServiceNow partner, provides consulting, implementation and support services with a focus on giving back to the community through its ServiceNow for Good program.

Enters high-growth microfluidics and point-of-care diagnostics space

Nashua, NH – November 16, 2021 – Resonetics announced today that it has acquired Hudson Medical Innovations (Hudson), a leading manufacturer of microfluidics, point-of-care diagnostics (including application of reagents), biosensors, and advanced wound care devices, from Preco, Inc. Hudson was founded in 2012 and is based in Hudson, Wisconsin. The company’s responsive prototyping capabilities and proprietary, automated equipment has helped to establish a reputation as a supplier that supports customers with precise products from development to high-volume production.

“Hudson Medical Innovations is utilizing many of the same principles that have driven Resonetics’ growth:  a focus on the customer, innovative problem solving, and purpose-built equipment to scale production efficiently,” said Tom Burns, President and CEO of Resonetics. “The Hudson team has established a great position serving leading customers in very exciting high-growth markets, expanding the breadth and diversity of Resonetics.”

Hudson is Resonetics’ tenth acquisition in the past five years and continues to build upon the company’s leading position in advanced engineering and manufacturing solutions for the life sciences. Resonetics has over 1,600 employees that operate out of 13 sites located in key medical technology markets with facilities totaling more than 600,000 square feet.

About Resonetics

Founded in 1987, Resonetics is a pioneer in advanced engineering and manufacturing solutions for the life sciences industry. Resonetics is a leader in laser processing, centerless grinding, nitinol processing, thin-wall stainless steel and precious metal tubing, photochemical machining, metal fabrication, and fiber optic sensors. With nine Lightspeed Application Development Labs located strategically to serve medical device companies around the world, Resonetics is built on a foundation of quality, speed, and innovation to deliver best-in-class value with a customer-centric approach. The company is ISO 13485:2016 certified with facilities in the United States, Costa Rica, Israel, Switzerland, and Canada. Resonetics is owned by Regatta Medical, a portfolio company of GTCR. Learn more at www.resonetics.com.

About GTCR and Regatta Medical

Founded in 1980, GTCR is a leading private equity firm focused on investing in growth companies in the Growth Business Services, Technology, Media & Telecommunications, Healthcare, and Financial Services & Technology Industries. The Chicago-based firm pioneered The Leaders Strategy™ – finding and partnering with management leaders in core domains to identify, acquire and build market-leading companies through transformational acquisitions and organic growth. Since its inception, GTCR has invested more than $20 billion in over 250 companies. For more information, please visit www.gtcr.com. Regatta Medical was formed in April 2017 as a partnership between Robert “Chip” Hance, Mark Weishaar, and GTCR. Regatta Medical’s mission is to build a leading company in the medical device industry by acquiring outstanding medical device products and services businesses. For more information about Regatta Medical, please visit www.regattamedical.com.