Latest news with #employeeownership
Globe and Mail
03-07-2025
- Business
- Globe and Mail
GHD Announces Leadership Transition with Ian Fraser as New Chair
Transition continues GHD's model of employee ownership Former Asia Pacific CEO brings 30 years of global experience and industry service Global professional services company, GHD, has appointed Ian Fraser as Chair of its Board, effective 1 July 2025. GHD reported gross revenue for the 2024 financial year of AUD 2.9 billion. The company is fully owned by its employees, with approximately a quarter of its 12,000 people being shareholders. Ian was most recently GHD's CEO for the Asia Pacific region, leading the company's operations in Australia, New Zealand, Philippines, Singapore, Papua New Guinea and Fiji. He has more than 30 years' experience in environmental and engineering consulting. Based in Christchurch, New Zealand, he has also lived and worked in the United States, and his project experience extends across the Pacific, throughout Southeast Asia, the USA, South America, and Mexico. Ian is a graduate member of the Australian Institute of Company Directors (AICD) and a graduate of the INSEAD Advanced Management Program. He has lectured at the universities of Auckland and Canterbury, and held leadership roles in industry associations such as the New Zealand Resource Management Law Association (RMLA) and the New Zealand Association of Consulting and Engineering (ACE). Ian is also a founding signatory to the Diversity Agenda in New Zealand. 'It's an immense honour to take over as Chair as GHD approaches its centenary in 2028,' Ian says. 'I am focused on the continued evolution of our business, driven by our commitment to our clients and our investment in developing the outstanding technical capabilities of our people.' Ian succeeds Rob Knott, who is retiring after chairing the company since 2017. About GHD GHD is a leading professional services company operating in the global markets of water, energy and resources, environment, property and buildings, and transportation. Committed to a vision to make water, energy, and communities sustainable for generations to come, GHD delivers advisory, digital, engineering, architecture, environmental and construction solutions to public and private sector clients. Established in 1928 and privately owned by its people, GHD's network of 12,000+ professionals are connected across more than 160 offices located on five continents. More info: Media Contact Company Name: GHD Contact Person: Kirill Reztsov Email: Send Email Country: Australia Website:
Yahoo
01-07-2025
- Business
- Yahoo
Star Mountain Capital Earns Spot on Inc.'s 2025 Best Workplaces List
NEW YORK, July 01, 2025--(BUSINESS WIRE)--Star Mountain Capital, LLC ("Star Mountain"), a rapidly growing, employee-owned investment firm with over $4 billion in assets under management ("AUM"), has been named one of Inc.'s 2025 Best Workplaces. The annual Best Workplaces list honors companies that have built exceptional work environments and strong, value-driven cultures. The selection is based on a rigorous evaluation of workplace policies, management practices, employee engagement, perks, professional development, and overall benefits. "It is a privilege to be recognized by Inc. for our culture and values," said Star Mountain Capital Founder & CEO, Brett Hickey. "At Star Mountain, our STAR Values (Shareholder Mindset, Trust, Accountability and Respect) are central to how we operate and collaborate. With 100% of our U.S. full-time employees sharing in the firm's profits, we have built a culture of ownership, responsibility and care. Through the Star Mountain Charitable Foundation, we extend that mindset beyond the firm to make a broader impact. This recognition reflects our team's long-term commitment to each other and to the businesses and communities we serve." "Our culture of ownership and alignment is a core part of what makes Star Mountain a great place to build a career," said Star Mountain Capital President, Scott Couto. "We are proud of the disciplined and Collaborative Ecosystem® we have created. It has helped us attract a highly skilled and dedicated team of 120+ professionals. As we continue to grow, we remain focused on investing in our people, technology and infrastructure. These efforts enhance our ability to support businesses in the lower middle-market." About Star Mountain Capital With over $4 billion in AUM (committed capital including debt facilities as of 6/30/2025), Star Mountain specializes in providing scalable and data-driven investment solutions across two core strategies: Direct Investments: Providing debt and equity capital to established lower middle-market businesses. Secondary Investments: Acquiring LP interests, direct assets, and making primary LP commitments. Star Mountain's investors include public and private pensions, insurance companies, commercial banks, endowments, foundations, family offices, and high-net-worth individuals. Employee-owned and sharing profits with 100% of its U.S. full-time employees, the firm prioritizes alignment of interests to maximize value for stakeholders. Since 2010, Star Mountain has completed over 300 direct investments and 50 secondary/fund investments in the North American lower middle-market. The firm has been recognized as one of the Inc. 5000 fastest-growing private companies and a Best Place to Work by Crain's New York Business and Pensions & Investments. For more information, visit Legal Disclaimer: This press release does not constitute an offer to sell or a solicitation of an offer to purchase interests in any investment product. Awards and recognitions by third-party rating agencies, companies, or publications should not be interpreted as a guarantee of future results or performance. They should not be considered as an endorsement, recommendation, or referral of Star Mountain Capital or its representatives by any client or third party. Rankings published by media and industry organizations are based on information provided by the recognized advisor. Additionally, readers should understand that past performance is not indicative of future results. Award descriptions and selection methodologies may vary. Awards and Recognition Disclosure: Star Mountain Capital's awards and recognitions are based on third-party evaluations and criteria, which may be subjective. These honors do not imply a guarantee of future performance or an endorsement by current or past clients. Ranking Methodologies: Crain's Best Places to Work: Evaluations were conducted through a two-part process, assessing workplace policies, practices, and employee satisfaction via surveys. Participation required a fee solely for survey processing purposes. More details are available at Crain's eligibility criteria. Pensions & Investments Best Places to Work: Companies were evaluated based on surveys measuring employee engagement (75%) and employer policies (25%). Participation required a minimum of 20 U.S. employees and $100 million in discretionary assets under management. Further details can be found at P&I eligibility criteria. Inc. 5000 Rankings: Companies were ranked based on revenue growth from 2020 to 2023. To qualify, firms had to be U.S.-based, privately held, and independent, with revenue thresholds of at least $100,000 in 2020 and $2 million in 2023. More details are available at Inc. 5000 criteria. Inc. Best Workplaces: Companies were selected based on employee feedback and organizational practices. To qualify, companies must be U.S.-based, independent, have been in business at least two years, employ a minimum of five permanent employees, and have total annual revenue under $1 billion. More details are available at Inc.'s eligibility criteria. More details are available at Inc. Best Workplaces criteria. View source version on Contacts John Polis – Media@ 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
Associated Press
01-07-2025
- Business
- Associated Press
Star Mountain Capital Earns Spot on Inc.'s 2025 Best Workplaces List
NEW YORK--(BUSINESS WIRE)--Jul 1, 2025-- Star Mountain Capital, LLC ('Star Mountain'), a rapidly growing, employee-owned investment firm with over $4 billion in assets under management ('AUM'), has been named one of Inc.'s 2025 Best Workplaces. This press release features multimedia. View the full release here: Star Mountain Capital Earns Spot on Inc.'s 2025 Best Workplaces List The annual Best Workplaces list honors companies that have built exceptional work environments and strong, value-driven cultures. The selection is based on a rigorous evaluation of workplace policies, management practices, employee engagement, perks, professional development, and overall benefits. 'It is a privilege to be recognized by Inc. for our culture and values,' said Star Mountain Capital Founder & CEO, Brett Hickey. 'At Star Mountain, our STAR Values (Shareholder Mindset, Trust, Accountability and Respect) are central to how we operate and collaborate. With 100% of our U.S. full-time employees sharing in the firm's profits, we have built a culture of ownership, responsibility and care. Through the Star Mountain Charitable Foundation, we extend that mindset beyond the firm to make a broader impact. This recognition reflects our team's long-term commitment to each other and to the businesses and communities we serve.' 'Our culture of ownership and alignment is a core part of what makes Star Mountain a great place to build a career,' said Star Mountain Capital President, Scott Couto. 'We are proud of the disciplined and Collaborative Ecosystem ® we have created. It has helped us attract a highly skilled and dedicated team of 120+ professionals. As we continue to grow, we remain focused on investing in our people, technology and infrastructure. These efforts enhance our ability to support businesses in the lower middle-market.' About Star Mountain Capital With over $4 billion in AUM (committed capital including debt facilities as of 6/30/2025), Star Mountain specializes in providing scalable and data-driven investment solutions across two core strategies: Star Mountain's investors include public and private pensions, insurance companies, commercial banks, endowments, foundations, family offices, and high-net-worth individuals. Employee-owned and sharing profits with 100% of its U.S. full-time employees, the firm prioritizes alignment of interests to maximize value for stakeholders. Since 2010, Star Mountain has completed over 300 direct investments and 50 secondary/fund investments in the North American lower middle-market. The firm has been recognized as one of the Inc. 5000 fastest-growing private companies and a Best Place to Work by Crain's New York Business and Pensions & Investments. For more information, visit Legal Disclaimer: This press release does not constitute an offer to sell or a solicitation of an offer to purchase interests in any investment product. Awards and recognitions by third-party rating agencies, companies, or publications should not be interpreted as a guarantee of future results or performance. They should not be considered as an endorsement, recommendation, or referral of Star Mountain Capital or its representatives by any client or third party. Rankings published by media and industry organizations are based on information provided by the recognized advisor. Additionally, readers should understand that past performance is not indicative of future results. Award descriptions and selection methodologies may vary. Awards and Recognition Disclosure: Star Mountain Capital's awards and recognitions are based on third-party evaluations and criteria, which may be subjective. These honors do not imply a guarantee of future performance or an endorsement by current or past clients. Ranking Methodologies: View source version on John Polis –[email protected] KEYWORD: UNITED STATES NORTH AMERICA NEW YORK INDUSTRY KEYWORD: ASSET MANAGEMENT PROFESSIONAL SERVICES FINANCE SOURCE: Star Mountain Capital, LLC Copyright Business Wire 2025. PUB: 07/01/2025 04:30 AM/DISC: 07/01/2025 04:30 AM
Yahoo
25-06-2025
- Business
- Yahoo
CG PARTNERS LIMITED PARTNERSHIP ANNOUNCES ACQUISITION OF SECURITIES OF CANACCORD GENUITY GROUP INC.
/NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES/ TORONTO, June 25, 2025 /CNW/ - CG Partners Limited Partnership (the "Partnership"), an independent employee share-ownership vehicle established to acquire and hold common shares and other securities of Canaccord Genuity Group Inc. (the "Company") on behalf of the Company's employees, announced that it has acquired 2,409,429 common shares of the Company ("Shares") through purchases over the Toronto Stock Exchange and alternative trading systems, and direct contributions from Participants of the Partnership, at an average price of $9.31 per Share for an aggregate purchase price of $22,426,276, since the Partnership's prior press release issued on December 20, 2024 pursuant to the requirements of National Instrument 62-103 - The Early Warning System and Related Take-Over Bid and Insider Reporting Issues. On June 25, 2025, the Partnership acquired 376,129 Shares at a price per Share of $9.3919 for an aggregate purchase price of approximately $3,532,566 from employees of the Company as partial consideration for the issuance of limited partnership units of the Partnership, which triggered the requirement to issue and file this press release. Immediately prior to this acquisition, the Partnership owned 13,039,819 Shares, representing an approximate 12.7% ownership interest in the outstanding Shares. Following this acquisition, the Partnership owns an aggregate of 13,415,948 Shares, representing an approximate 13.1% ownership interest in the outstanding Shares. The acquisition was completed in connection with a new round of subscriptions (the "Subscriptions") of limited partnership units of the Partnership by certain senior employees of the Company participating in the Partnership (the "Participants"). In connection with the Subscriptions, certain Participants contributed Shares in partial satisfaction of their capital contribution to the Partnership. The Partnership intends to hold the Shares for investment purposes consistent with its mandate to serve as a long-term ownership vehicle for senior employees of the Company. From time to time, as participating employees leave the Partnership and new employees begin participating in the Partnership, the Partnership may acquire or dispose of Shares, and as such, the number of Shares held by the Partnership may increase or decrease from time to time. This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction. This press release is being issued pursuant to the requirements of National Instrument 62-103 - The Early Warning System and Related Take-Over Bid and Insider Reporting Issues. A copy of the early warning report to be filed by the Partnership in connection with the transactions described herein will be available on the Company's SEDAR+ profile at The head office of the Company is located at 1133 Melville Street, Suite 1200, Vancouver, British Columbia, Canada, V7Y 1K8. The head office of the Partnership and its sole general partner is located at 40 Temperance Street, Suite 2100, Toronto, Ontario, Canada, M5H 0B4. CAUTION REGARDING FORWARD-LOOKING STATEMENTS This press release may contain "forward-looking information" as defined under applicable securities laws ("forward-looking statements"). These statements relate to future events or future performance and reflect Partnership's expectations, beliefs, plans, estimates, intentions and similar statements concerning anticipated future events, results, circumstances, performance or expectations that are not historical facts, including business and economic conditions and the Partnership's growth, results of operations, performance and business prospects and opportunities. Forward-looking statements include the Partnership's intentions to hold Shares for the long term and its intention to acquire Shares in the future. Such forward-looking statements reflect Partnership's current beliefs and are based on information currently available to it. In some cases, forward-looking statements can be identified by terminology such as "may", "will", "should", "expect", "plan", "anticipate", "believe", "estimate", "predict", "potential", "continue", "target", "intend", "could" or the negative of these terms or other comparable terminology. By their very nature, forward-looking statements involve inherent risks and uncertainties, both general and specific, and a number of factors could cause actual events or results to differ materially from the results discussed in the forward-looking statements. In evaluating these statements, readers should specifically consider various factors that may cause actual results to differ materially from any forward-looking statement. These factors include, but are not limited to, market and general economic conditions; the dynamic nature of the financial services industry; and the risks and uncertainties discussed from time to time in the Company's interim condensed and annual consolidated financial statements, its annual report and its annual information form ("AIF") filed on as well as the factors discussed in the sections entitled "Risk Management" and "Risk Factors" in the AIF, which include market, liquidity, credit, operational, legal and regulatory risks. The Partnership's ownership of Shares could change over time due to changes in the ownership of limited partnership units of the Partnership. Although the forward-looking statements contained in this press release are based upon assumptions that the Partnership believes are reasonable, there can be no assurance that actual results will be consistent with these forward-looking statements. The forward-looking statements contained in this press release are made as of the date of this press release and should not be relied upon as representing the Partnership's views as of any date subsequent to the date of this press release. Except as may be required by applicable law, the Partnership does not undertake, and specifically disclaims, any obligation to update or revise any forward-looking statements, whether as a result of new information, further developments or otherwise. SOURCE CG Partners Limited Partnership View original content: Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
10-06-2025
- Business
- Yahoo
Capital Increase Reserved for Employees of TotalEnergies in 2025
PARIS, June 10, 2025--(BUSINESS WIRE)-- In accordance with its policy in favour of employee shareholding, the Board of Directors of TotalEnergies SE (Paris:TTE) (LSE:TTE) (NYSE:TTE) decided, on October 30, 2024, to carry out a capital increase reserved for eligible employees and former employees of TotalEnergies SE and its French and foreign subsidiaries in which the Company holds directly or indirectly more than 50% (in terms of capital or voting rights), that are members of the PEG-A Group savings plan, in France and abroad, under the conditions set by the twenty-second resolution at the Shareholders' Meeting of May 24, 2024. On April 29, 2025, the Chairman and CEO set (i) the subscription period from May 2 to May 15, 2025 (included) and (ii) the subscription price at 42.50 euros per share, corresponding to the average of the closing prices of the TotalEnergies share on Euronext over the twenty trading sessions preceding the date of this decision, reduced by a 20% discount and rounded off to the highest tenth of a euro. At the end of this period, 62,796 employees in 97 countries, representing 53% of the eligible employees and former employees, subscribed to this capital increase for an amount of 449.3 million euros. The 2025 results are close to those of 2024, a record year, and significantly higher than in previous years, both in terms of participation and amounts subscribed. "Employee share ownership is the best way to associate employees with the economic performance of the company, strengthen their sense of belonging and align the interests of employees and shareholders. Employees responded this year again massively to the capital increase reserved for them, and increasingly so, investing nearly 450 million euros, an amount close to last year's record of 480 million euros, and around 100 million more than the amounts of 2021, 2022, and 2023. These figures reflect an increase of 10,000 subscribers since 2024, when all employees received 100 shares to celebrate the 100th anniversary of the Company. It demonstrates that our employees have a strong and lasting confidence in their company and its strategy. This strong momentum has once again enabled TotalEnergies to confirm its position as the number one in employee shareholding in Europe in terms of capitalization held, and it was awarded with the 'Grand Prix' from the French Federation of Employee Shareholding", declared Patrick Pouyanné, Chairman and CEO of TotalEnergies. As a result, 11,149,053 new shares are being issued on June 10, 2025. They will carry immediate dividend rights and will be fully assimilated with TotalEnergies shares already listed on Euronext. Following this issuance, the employee shareholders in TotalEnergies SE's share capital, within the meaning of Article L. 225-102 of the French Commercial Code, is estimated at 8.8% of the Company's share capital as of June 10, 2025. About TotalEnergies TotalEnergies is a global integrated energy company that produces and markets energies: oil and biofuels, natural gas, biogas and low-carbon hydrogen, renewables and electricity. Our more than 100,000 employees are committed to provide as many people as possible with energy that is more reliable, more affordable and more sustainable. Active in about 120 countries, TotalEnergies places sustainability at the heart of its strategy, its projects and its operations. TotalEnergiesMedia Relations: +33 (0)1 47 44 46 99 l presse@ l @TotalEnergiesPR Investor Relations: +33 (0)1 47 44 46 46 l ir@ X @TotalEnergies LinkedIn TotalEnergies Facebook TotalEnergies Instagram TotalEnergies Cautionary Note The terms "TotalEnergies", "TotalEnergies company" or "Company" in this document are used to designate TotalEnergies SE and the consolidated entities that are directly or indirectly controlled by TotalEnergies SE. Likewise, the words "we", "us" and "our" may also be used to refer to these entities or to their employees. The entities in which TotalEnergies SE directly or indirectly owns a shareholding are separate legal entities. TotalEnergies SE has no liability for the acts or omissions of these entities. This document may contain forward-looking information and statements that are based on a number of economic data and assumptions made in a given economic, competitive and regulatory environment. They may prove to be inaccurate in the future and are subject to a number of risk factors. Neither TotalEnergies SE nor any of its subsidiaries assumes any obligation to update publicly any forward-looking information or statement, objectives or trends contained in this document whether as a result of new information, future events or otherwise. Information concerning risk factors, that may affect TotalEnergies' financial results or activities is provided in the most recent Registration Document, the French-language version of which is filed by TotalEnergies SE with the French securities regulator Autorité des Marchés Financiers (AMF), and in the Form 20-F filed with the United States Securities and Exchange Commission (SEC). View source version on Contacts TotalEnergies 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
