Latest news with #FFL
Business Wire
15-07-2025
- Business
- Business Wire
Abacus and Medicus IT Merge, Creating The Leading Financial Services and Healthcare-focused IT Managed Services Platform
SAN FRANCISCO--(BUSINESS WIRE)--FFL Partners ('FFL'), a private equity firm focused on growth investments in tech-enabled business services and healthcare companies, today announced the completion of the merger of FFL portfolio companies Abacus Group and Medicus IT to launch a new multi-vertical IT Managed Services Provider ('MSP') exclusively focused on the financial services and healthcare industries. Financial terms of the transaction were not disclosed. 'We have seen significant demand from both prospective clients and investors for IT MSPs that are vertical experts in sectors where compliance and cybersecurity are paramount,' said Jonathon Bunt, Partner at FFL. 'By bringing together Abacus, the leading financial services-focused MSP, and Medicus IT, the leading healthcare-focused MSP, we are excited to create a financial services and healthcare-focused MSP powerhouse that can help compliance focused-clients achieve everything they need from an IT, cybersecurity, data and AI perspective.' 'The combination of Abacus and Medicus enables us to further scale our global suite of managed services across IT operations, multi-cloud, cybersecurity, devops, tech-enablement and AI capabilities to better serve our clients,' said Anthony J. D'Ambrosi, CEO of Abacus, who will lead the newly combined business. 'We are thrilled to partner with Medicus' talented team who bring deep healthcare IT industry expertise, along with a compliance-oriented mindset, to the combined company and share our enthusiasm and vision for serving clients and growing the business.' 'FFL has been an outstanding partner to both of our companies, and we believe this merger marks the start of an exciting new chapter for our combined organization,' said Chris Jann, Founder and CEO of Medicus IT. 'For Medicus, this combination unlocks meaningful growth opportunities and expands the depth and the breadth of technology, data and cybersecurity service offerings that we can deliver to our healthcare clients. As the healthcare compliance and cybersecurity environment grows more complex, we are uniquely positioned to empower our clients to thrive, protect their organizations, and lead with confidence in the face of change.' 'This merger validates our long-term focus on IT MSPs that began in 2019 when our proprietary Sector Exploration and Expertise Development ('SEED') value creation strategy identified vertically specialized IT MSPs as an attractive area for investment. This transaction is a win-win for Abacus and Medicus, providing the opportunity to expand the total addressable market and accelerate growth across both end markets, organically and inorganically,' added Cas Schneller, Managing Partner at FFL. FFL has strong experience investing in and growing outsourced IT services businesses through strategic acquisitions and organic growth initiatives. Past investments include ALKU, an Andover, Mass.-based IT & Life Sciences consulting firm, and Optomi Professional Services, a specialized provider of IT staffing, managed services and professional services. About FFL Partners FFL Partners is a leading middle-market private equity firm that has been investing in high-quality companies since 1997. Based in San Francisco, FFL is a hyperspecialized, thematic investor focused on targeted areas where the firm has deep expertise and broad networks. FFL employs a proprietary sourcing and value creation strategy called the Sector Exploration and Expertise Development ('SEED') process. The firm aims to partner with exceptional management teams and employs a high-engagement approach to accelerate growth at its businesses. FFL currently has over $6 billion of cumulative capital commitments. For additional information, please visit About Abacus Group Abacus Group is a global managed IT and cybersecurity service provider specializing in the unique needs of the financial services industry. With deep expertise in multi-cloud, compliance and IT-as-a-Service solutions, Abacus Group enables firms to operate securely, efficiently, and at scale. The innovative and award-winning multi-cloud abacusFlex platform delivers all technology and security needs as a service, empowering clients to meet evolving cybersecurity, regulatory compliance, and infrastructure requirements. Abacus Group supports clients across global financial markets, with dual headquarters in New York and London. For more information, visit About Medicus IT Medicus IT is committed to helping healthcare organizations leverage technology to optimize patient care and deliver better patient outcomes. Moving beyond traditional IT, Medicus helps its healthcare clients run their IT infrastructure, grow their operations, and transform their organizations. Headquartered in Alpharetta, Georgia, with service centers in New Jersey, Ohio, Florida, Arizona, California, and North Carolina, Medicus is one of the nation's top healthcare IT providers, serving over 6,500 providers, with more than 50,000 users across 2,500 locations. Follow us on X, LinkedIn, and Facebook. Together, we drive healthcare forward™.
Time Business News
14-07-2025
- Automotive
- Time Business News
Exploring Gun Shops in Austin, TX
Austin is a vibrant hub for firearms enthusiasts—whether you're into modern pistols, hunting rifles, or historic collector's pieces. Here's a curated look at prominent gun shops in the city and why Collectors Firearms deserves special attention.1. Collectors Firearms (Austin showroom @ The Range) Location & FFL Info : Operating under Collector's Firearms, Inc. (FFL #5‑74‑453‑01‑5F‑12611), this showroom is located inside The Range at I‑35 & Slaughter, Austin, TX 78744. : Operating under Collector's Firearms, Inc. (FFL #5‑74‑453‑01‑5F‑12611), this showroom is located inside The Range at I‑35 & Slaughter, Austin, TX 78744. Selection : One of the nation's largest and most diverse inventories, with over 12,000 firearms spanning centuries of firearm design. They carry everything from modern handguns and shotguns to antique and Curio & Relic (C&R) pieces. : One of the nation's largest and most diverse inventories, with over 12,000 firearms spanning centuries of firearm design. They carry everything from modern handguns and shotguns to antique and Curio & Relic (C&R) pieces. Collectors' Interest : Notable for offering rare historic guns—examples include Colt 1878 DA revolvers with pearl grips shipped to Austin in the 1890s, classic Winchester rifles, engraved Colt government models, and celebratory commemoratives. : Notable for offering rare historic guns—examples include Colt 1878 DA revolvers with pearl grips shipped to Austin in the 1890s, classic Winchester rifles, engraved Colt government models, and celebratory commemoratives. Collector-Friendly Services: Known to buy collector-grade firearms—locals on r/austinguns recommend bringing quality photos or visiting the showroom for appraisal and potential purchase deals. 2. The Range at Austin This expansive indoor range (52,000 sq ft) also hosts a retail arm selling a wide variety of firearms and accessories. It's the physical home to Collectors' Austin showroom, merging convenient access to a shooting range with immediate access to inventory.3. Other Noteworthy Gun Shops in Austin According to local rankings and reviews on Yelp, the city also boasts: Saddle Rock Armory (5-star, 41 reviews) Central Texas Gun Works Gun Warehouse Huge Antique & C&R Rifle Revolvers Collection They feature firearms over 50 years old with distinctive history—from Colt Walker-era pieces to milestone commemoratives and engraved collectibles—perfect for serious enthusiasts. Curated, Rotating Inventory Their online catalog frequently changes, presenting historic gems like engraved Winchesters, Colt government models, and even Class III/NFA offerings (where legally permissible). Authenticity & Licensing Confidence With a proper ATF license and longstanding reputation since 1975, they handle C&R and antique classifications with depth and transparency . Supportive Community Peers on r/austinguns recommend them for selling or appraising collector's firearms—highlighting their professionalism and focus on quality pieces. Verify FFL Status : Collector's carries a valid FFL (#5‑74‑453‑01‑5F‑12611), which is essential for interstate firearm transfers and museum-level pieces. : Collector's carries a valid FFL (#5‑74‑453‑01‑5F‑12611), which is essential for interstate firearm transfers and museum-level pieces. Document Your Firearms : When selling or consigning, detailed photos of stamps/markings greatly help staff accurately assess provenance and value . : When selling or consigning, detailed photos of stamps/markings greatly help staff accurately assess provenance and value . Plan Visits Around Inventory: Since rare or historic pieces rotate, it's smart to periodically check their online 'new arrivals' section or directly contact their showroom. For anyone in Austin with an interest in firearms—especially collectors—Collectors Firearms' showroom is a unique destination. Whether you're hunting for a historic Colt or looking to appraise and sell your antique pistol, their breadth of inventory and depth of expertise make them a must-visit. And with a top-tier range under the same roof, you can explore, evaluate, and experience all in one trip. Want help sourcing specific models—like a classic Colt Walker replica or a Winchester '66? I'd be happy to track down availability or compare local prices! TIME BUSINESS NEWS
Yahoo
12-05-2025
- Politics
- Yahoo
Clarksville gun shop fights to get Federal Firearms License back
CLARKSVILLE, Tenn. (WKRN) — A veteran-owned gun shop has been struggling to stay afloat after losing its Federal Firearms License in 2023. A policy announced by President Joe Biden in June 2021 established 'zero tolerance for rogue gun dealers that willfully violate the law.' Under this policy, the Bureau of Alcohol, Tobacco, Firearms and Explosives was to revoke the licenses of dealers the first time that they violated federal law by willfully: transferring a firearm to a prohibited person failing to run a required background check falsifying records, such as a firearms transaction form failing to respond to an ATF tracing request refusing to allow the ATF to conduct an inspection in violation of the law In April, the Trump administration repealed the policy implemented by Biden. The Tactical Edge, located on Fort Campbell Boulevard in Clarksville, has been in business for 13 years. At the end of 2022, shop owners William Boswell and Robert Snyder told News 2 that the ATF found 10 minor clerical errors among the nearly 2,500 forms the shop had filed. MNPD: Wanted man dead after exchanging gunfire with officers on Division Street Bridge Snyder said they had made similar mistakes in the past and were always able to fix things without getting their FFL revoked. They decided to hire Nashville-based attorney John Harris to help them try to get a stay but to no avail. '[We] just financially couldn't afford to fight it anymore,' Snyder said. 'The government's got unlimited money. They can have an attorney in there every single day. We just can't do that. It cost us almost $100,000 in legal fees.' On top of that, Boswell and Snyder had to shut down their manufacturing facility, which is where they made the majority of their revenue. The duo said their business has been hanging on by a thread ever since. '[We've just] been trying to do our best with [selling] accessories, gear — stuff like that,' Boswell said. 'We have Fort Campbell right here, so we have a lot of gear and stuff that cater to the soldiers on post. Without the FFL, it has significantly cut down our ability to have an income here.' In late April, Rep. Mark Green (R-Tennessee) sent a letter to Attorney General Pamela Bondi requesting a review of all revoked FFLs for gun dealers and gun store owners during the Biden administration. 'While I am grateful the Trump administration has ended this egregious and predatory enforcement, there are still hundreds of firearm dealers who had their FFLs unjustly revoked,' Green's letter said. 'I implore you to consider issuing an expedient review of all federal firearms licenses revoked under the Biden administration. In many cases, the Biden ATF revoked the FFLs of gun shops with little to no due process. It is time to make this right.' As for Boswell and Snyder, they said they're hoping federal officials follow through with Green's request and that they get their FFL back. Even then, they admit it would be difficult to get back to where they once were. READ MORE | Latest headlines from Clarksville and Montgomery County 'We were growing as a company for a long time, and then basically you have to stop in your track,' Snyder said. 'It would take us probably 10 years to get back to where we were at.' News 2 reached out to the ATF for comment. The agency responded with the following statement. 'ATF is finalizing a new national policy to promote consistent, effective, and equitable responses to violations of the Gun Control Act of 1968 (GCA), as amended, 18 U.S.C. Chapter 44. When assessing which enforcement actions to take, ATF will be guided by this new policy to consider the nature of the violations, their impact on public safety, ATF's ability to reduce violent crime and respect for the rule of law. Any pending administrative actions against FFLs related to previous policies will be reevaluated using the new policy before a decision is reached on what actions, if any, to take in the case.' Public Affairs Division, Office of Public & Governmental Affairs, Bureau of Alcohol, Tobacco, Firearms and Explosives Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
23-04-2025
- Business
- Yahoo
Guns.com Outpacing Competition Heading Towards Seventh Consecutive Year of Growth
Millions of Gun Owners Choose the Leading Online Retailer As Sales Top 10% Year Over Year BURNSVILLE, Minn., April 23, 2025 /PRNewswire/ -- the fastest-growing online firearm retailer, continues to outpace the competition, with sales reaching 10% growth year over year. The innovative company aims for a seventh consecutive year of double-digit growth rate in sales since launching its online retail operations in 2018. More than a million new consumers shopped for the first time on in 2024 on top of a strong base of loyal gun buyers. "The customer experience on has become a benchmark, and we are proud to be the best online shopping destination in the firearm industry," says Greg Minkler, Co-CEO and CMO of "In less than seven years, we have become one of the nation's leading online retailers for firearms, suppressors, ammo, optics, and more. While other long-time industry sites have seen new gun sales drop more than 20%, we are helping local gun stores grow their businesses. The majority of our sales are fulfilled by nearly 2,000 local brick and mortar firearm dealers, as our platform continues to succeed in supporting America's retail storefronts." leading technology provides the best online shopping experience the Second Amendment community has come to expect. Gun owners value the ease and usability of finding the precise gun they want thanks to the hundreds of thousands of listings from a network of local gun stores nationwide and top manufacturers. Exceptional customer service helps gun owners through each transaction, from understanding regulations to handling paperwork and ensuring a smooth transfer experience at the customer's FFL of choice. "Our success is largely due to our incredible partnerships with local FFL dealers and manufacturers big and small," says Marketing Director Jennifer Simunek. "Our partnerships have more than doubled in the past year, which brings our customers an unparalleled shopping experience and unmatched value. For example, we're currently running a first-of-its-kind exclusive offer with FN America to give gun owners an extra $100 towards a new FN gun when they sell any gun through our We Buy Guns program. You can't find a deal like that anywhere else." The innovative We Buy Guns online system guides gun owners through simple steps to submit their guns in minutes. Once submitted, the expert appraisal team will review the request and provide an offer within one business day. When they accept an offer, gun owners can decide to receive their payment in cash or earn more with a gift card—and get up to a $50 bonus gift card on top of the $100 coupon towards a new FN. Now through May 31, gun owners who sell any firearm to through their popular We Buy Guns program will automatically get $100 off select new FN firearms. This first-of-a-kind promotion is perfect for gun owners looking to trade up and refresh their arsenal. Customers who sell one or more firearms to between April 1 and May 31, 2025, will receive a single-use promotional code for $100 off a new-condition FN firearm. The promotional offer is in addition to what a customer will earn from their firearm sale and is valid for 30 days from the customer's sale date. must receive the customer's gun by May 31, 2025. Experience the best, most innovative shopping experience in the firearms industry at Learn more about selling your firearm and get $100 towards a new FN firearm by visiting About is the ultimate destination for gun owners, revolutionizing the online firearms retail experience since 2011. With an unwavering commitment to innovation, efficiency, and exceptional customer satisfaction, they empower and equip people to exercise their Second Amendment rights. With a growing network of over 2,000 local brick-and-mortar dealers, explore an extensive collection of over 30,000 new and Certified Used firearms. Stock up on a range of suppressors, ammo, gear, and more. Stay informed with industry news, in-depth product reviews, and exclusive content from top manufacturers. Experience why stands unrivaled as the premier online marketplace for firearms and suppressors. View original content to download multimedia: SOURCE Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Straits Times
23-04-2025
- Politics
- Straits Times
UK, French troops drill for urban combat using Ukraine insights
French soldiers taking part in an urban combat exercise with the British army at a military camp in Sissonne, northeastern France, on April 22. PHOTO: AFP British soldiers driving a Challenger armour and repair recovery vehicle during urban combat exercises in northeastern France on April 22. PHOTO: AFP French soldiers taking part in urban combat exercises with the British army at a military camp in in Sissonne, in northeastern France on April 22. PHOTO: AFP SISSONNE, France - Members of the French Foreign Legion (FFL) and British soldiers have started a joint military exercise in northeastern France, applying urban warfare lessons from the conflict in Ukraine, an AFP reporter said. A French officer, perched on a British armoured vehicle camouflaged with branches in the small town of Jeoffrecourt, translated commands for armoured infantry troops from Britain. The FFL and the Royal Welsh First Battalion were part of a team trying to capture this town of 5,000 residents on April 23 during a two-week training exercise. The exercises come as French President Emmanuel Macron and British Prime Minister Keir Starmer are spearheading European efforts to send what they call a 'reassurance force' to Ukraine after any end to the war sparked by Russia's 2022 invasion. 'We look at what is happening in theatres of operation and new modes of action to integrate them,' said Lieutenant-Colonel Romain, an FFL training officer who gave only his first name under French military policy. A member of his 13th Demi-Brigade toggled a joystick from a basement where a video feed showed footage from the drone he controlled as it flew above the streets. With just four radios, four laptops and a white sheet serving as a makeshift projection screen, the setup was spartan but for good reason, said the brigade's commanding officer, Colonel Benjamin Brunet. 'We drill to change position every six hours,' Col Brunet said, a lesson gleaned from Ukraine, where adversaries quickly spot the electromagnetic radiation emitted from command posts to destroy them. For Captain Ed, a British intelligence officer who also could give only his first name, France and Britain have a proven track record of working together because they 'share a similar mindset and values'. 'Since 2018, the French and British have been together in Estonia' as part of a mission set up by Nato on its eastern flank, the captain said. 'We are training and we are ready to go anywhere in the world,' he said. AFP A British armoured vehicle firing blank ammunition, as soldiers take part in urban combat exercises in northeastern France on April 22. PHOTO: AFP Join ST's Telegram channel and get the latest breaking news delivered to you.
