Xobee Networks Announces Appointment of Scott Brueggeman as Chief Revenue Officer
FRESNO, Calif--(BUSINESS WIRE)--O2 Investment Partners (www.o2investment.com) is pleased to announce that Xobee Networks (www.xobee.com), a leading managed service provider, has appointed Scott Brueggeman as its Chief Revenue Officer.
Scott brings a unique combination of strategic vision and hands-on experience scaling revenue at growth-oriented businesses. His leadership will be instrumental as we continue to invest in Xobee's expansion and build a best-in-class go-to-market engine.
Mr. Brueggeman brings more than 25 years of leadership experience across technology, infrastructure, and business services companies, with a particular focus on sales, marketing, and go-to-market strategy. Most recently, he served as Chief Marketing Officer at Core Scientific (NASDAQ: CORZ), where he led the company's strategic pivot into AI-driven high-performance computing infrastructure. Prior to that, he held senior executive roles at Logix Fiber Networks, CyrusOne, and CoreLink Data Centers, driving transformational growth, go-to-market realignment, and successful M&A integrations totaling over $1 billion in enterprise value. managed service, SaaS, data center, and telecom—making him well-positioned to lead Xobee's next phase of growth.
Mr. Brueggeman commented, 'I'm thrilled to be joining Xobee at such an exciting time in its growth. The company has built an impressive foundation and a reputation for delivering reliable, high-touch IT services. I'm eager to work with the team to drive meaningful growth and further strengthening how we serve and support our customers.'
Eric Rawn, Founder of Xobee, stated, 'Scott's appointment marks a key milestone for Xobee. His experience leading growth and go-to-market strategy in both large-scale and high-growth businesses makes him an exceptional fit. I'm excited to collaborate with him as we take Xobee to the next level.'
Sam Wegenke at O2 added, 'Scott brings a unique combination of strategic vision and hands-on experience scaling revenue at growth-oriented businesses. His leadership will be instrumental as we continue to invest in Xobee's expansion and build a best-in-class go-to-market engine.'
About Xobee
Founded in 1996, Xobee Networks is a premier managed service provider offering comprehensive IT solutions to businesses throughout California. The company provides outsourced IT services, cybersecurity, cloud infrastructure, VoIP, and data backup solutions to a diverse base of SMB and enterprise clients. Xobee is headquartered in Fresno, California. Additional information is available at www.xobee.com.
About O2 Investment Partners
O2 Investment Partners is a Midwestern-based private equity firm that seeks to invest in lower middle market B2B services, technology, and select industrial companies. The firm invests in businesses with earnings growth potential and a clear path to the creation of shareholder value. O2 invests with a view toward partnering with management to build and grow the business and take it to its next stage of development. Additional information is available at www.o2investment.com.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
14 minutes ago
- Yahoo
Boca mayor relishing chance for New York businesses if Zohran Mamdani wins mayoral election
Boca Raton Mayor Scott Singer says a victory by Zohran Mamdani in the New York City mayoral election in November could open the gates for a massive surge of businesses to his city, the southernmost in Palm Beach County. Mamdani, who is running as a Democrat, but is also a member of the Democratic Socialists of America, is campaigning on promises that aren't popular among the many big businesses that line the skyline of Manhattan. 'New York is not going to be the capital of capitalism anymore,' Singer told The New York Post. "I've pitched them on moving their corporate headquarters. We already have financial services firms with a strong presence here,' Singer, the city's Republican mayor since 2018, said of the businesses he says he has spoken with recently. ➤ Access The Palm Beach Post on the go with the app: Our app offers a personalized experience to your liking. Download our app to personalize your news alerts, swipe and scroll through stories faster, and bookmark them to save and read later. Boca Raton, with an estimated population of 102,238 based on the 2024 U.S. Census, is the second largest city in Palm Beach County and 23rd largest in Florida. It initially was established as a resort town, but has since evolved into a popular wealthy destination spot for young families, shopping and corporations. Office Depot has its global headquarters on a 28-acre campus in the city and The GEO Group, Vitacost, YACHTICO and Celsius Holdings are also based in Boca Raton. In November, Mamdani will square off against incumbent Eric Adams, who was elected mayor on the Democratic Party line in 2021, but is seeking re-election as an independent. He was indicted on federal corruption charges in September 2024 and has faced calls to resign from office. The Department of Justice ordered charges dropped against him and the case has since been dismissed. Mandami has pitched a controversial platform that includes fare-free city buses, public child care, rent freezes in some instances, comprehensive public safety reform and a $30 minimum wage by 2030. The big thing that has rankled business leaders and the wealthy is his support of tax increases on corporations and those earning above $1 million annually. One day after the primary election, at least one South Florida developer said he and his properties told The Palm Beach Post he had received calls from people in New Jersey, Manhattan and Connecticut who are interested in moving to Florida. "Obviously, what they see happening makes them nervous and they want to plan their future and have peace of mind," Isaac Toledano, CEO and co-founder of BH Group, which is working with the Miami-based Related Group to build the Ritz Carlton Residences in West Palm Beach. "I think the rush is going to start now because the unknown is something people don't like." Local Realtors who deal in high-end properties said their phones are also ringing with people surprised about the result of the primary election and interested in potentially buying in Florida. BOCA RATON NEWS: Check out the renderings for city's $20 million indoor pickleball and padel complex BOCA RATON NEWS: City considers scaled-back downtown plan with fewer homes, more green space "Local politics matter, almost more than national politics, and if local is going to a more socialist form of government, you could lose some of your really wealthy taxpayers," said Nathan Zeder, co-founder of the Jills Zeder Group in Miami. "The calls and texts, the response yesterday, was way more than what I anticipated." The son of academic Mahmood Mamdani and filmmaker Mira Nair, Mamdani, 33, came to the United States with his family when he was seven years old and settled in New York City. Jasmine Fernández is a journalist covering Delray Beach and Boca Raton for The Palm Beach Post. You can reach her at jfernandez@ and follow her on X (formerly Twitter) at @jasminefernandz. Help support our work. Subscribe today. Palm Beach Post Staff Writer Kimberly Miller contributed to this report. This article originally appeared on Palm Beach Post: Boca Raton mayor says Zohran Mamdani win will open door for his city
Associated Press
15 minutes ago
- Associated Press
Nexans completes the sale of Lynxeo to Latour Capital
Paris, June 30th, 2025 – Nexans announces today the completion of the sale of Lynxeo, its industrial cable division, to Latour Capital, a France-based private equity fund, for an Enterprise Value of €525 million. This transaction represents a key milestone in Nexans' strategy to refocus on its core electrification business and establish itself as a pure player in electrification. Christopher Guérin, Chief Executive Officer of Nexans said: ' The closing of the transaction marks a pivotal milestone in our electrification journey. It will streamline our operations and ensure efficient resource allocation. Our long-term vision for sustainable growth and leadership in the electrification ecosystem starts Latour Capital's expert guidance, Lynxeo's future will shine brightly. Their wealth of experience and strategic insight will undoubtedly catalyze Lynxeo's growth and innovation.' About Latour Capital Latour Capital is an independent French asset management company with an entrepreneurial culture and extensive operational experience. With €4bn under management and a team of thirty professionals, Latour is positioned as an active investor, working closely with the management of its portfolio companies. Focusing on companies with strong growth potential in France and abroad, Latour Capital benefits from the strategic vision of its two active founding partners, Cédric Bannel (founder of among others) and Philippe Léoni (Chairman and CEO of the Spir group for 13 years and co-founder of Leboncoin website, among others), who have brought together a team of Partners with solid operational experience. Latour Capital thus highlights the specialised expertise of its team, with 50% of its partnership now made up of former managers, contributing to the development and growth of its portfolio companies. For more information: About Nexans For over a century, Nexans has played a crucial role in the electrification of the planet and is committed to electrifying the future. With approximately 28,500 people in 41 countries, the Group is paving the way to a new world of safe, sustainable and decarbonized electricity that is accessible to everyone. In 2024, Nexans generated €7.1 billion in standard sales. The Group is a leader in the design and manufacturing of cable systems and services across four main business areas: PWR-Transmission, PWR-Grid, PWR-Connect and Industry & Solutions. Nexans was the first company in its industry to create a Foundation supporting sustainable initiatives, bringing access to energy to disadvantaged communities worldwide. The Group is recognized on the CDP Climate Change A List as a global leader on climate action and has committed to Net-Zero emissions by 2050 aligned with the Science Based Targets initiative (SBTi). Nexans. Electrifythefuture. Nexans is listed on Euronext Paris, compartment A. For more information, please visit Contacts: Investor relations Audrey Bourgeois Tel.: +33 (0)1 78 15 00 43 [email protected] Communication Mael Evin (Havas Paris) Tel. : +33 (0)6 44 12 14 91 [email protected] Olivier Daban Tel. : +33 6 75 02 20 73 [email protected] Attachment
Yahoo
15 minutes ago
- Yahoo
Nexans completes the sale of Lynxeo to Latour Capital
Paris, June 30th, 2025 – Nexans announces today the completion of the sale of Lynxeo, its industrial cable division, to Latour Capital, a France-based private equity fund, for an Enterprise Value of €525 million. This transaction represents a key milestone in Nexans' strategy to refocus on its core electrification business and establish itself as a pure player in electrification. Christopher Guérin, Chief Executive Officer of Nexans said: 'The closing of the transaction marks a pivotal milestone in our electrification journey. It will streamline our operations and ensure efficient resource allocation. Our long-term vision for sustainable growth and leadership in the electrification ecosystem starts now. Under Latour Capital's expert guidance, Lynxeo's future will shine brightly. Their wealth of experience and strategic insight will undoubtedly catalyze Lynxeo's growth and innovation.' About Latour Capital Latour Capital is an independent French asset management company with an entrepreneurial culture and extensive operational experience. With €4bn under management and a team of thirty professionals, Latour is positioned as an active investor, working closely with the management of its portfolio companies. Focusing on companies with strong growth potential in France and abroad, Latour Capital benefits from the strategic vision of its two active founding partners, Cédric Bannel (founder of among others) and Philippe Léoni (Chairman and CEO of the Spir group for 13 years and co-founder of Leboncoin website, among others), who have brought together a team of Partners with solid operational experience. Latour Capital thus highlights the specialised expertise of its team, with 50% of its partnership now made up of former managers, contributing to the development and growth of its portfolio companies. For more information: About Nexans For over a century, Nexans has played a crucial role in the electrification of the planet and is committed to electrifying the future. With approximately 28,500 people in 41 countries, the Group is paving the way to a new world of safe, sustainable and decarbonized electricity that is accessible to everyone. In 2024, Nexans generated €7.1 billion in standard sales. The Group is a leader in the design and manufacturing of cable systems and services across four main business areas: PWR-Transmission, PWR-Grid, PWR-Connect and Industry & Solutions. Nexans was the first company in its industry to create a Foundation supporting sustainable initiatives, bringing access to energy to disadvantaged communities worldwide. The Group is recognized on the CDP Climate Change A List as a global leader on climate action and has committed to Net-Zero emissions by 2050 aligned with the Science Based Targets initiative (SBTi).Nexans. Electrify the future. Nexans is listed on Euronext Paris, compartment A. For more information, please visit Contacts: Investor relations Audrey Bourgeois Tel.: +33 (0)1 78 15 00 43 Communication Mael Evin (Havas Paris) Tel. : +33 (0)6 44 12 14 91 nexans_h@ Olivier Daban Tel. : +33 6 75 02 20 73 Attachment Nexans_Press release Nexans completes the sale of Lynxeo to Latour CapitalSign in to access your portfolio
