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Myke Towers & Quevedo Set Charts Ablaze With ‘Soleao'
Myke Towers & Quevedo Set Charts Ablaze With ‘Soleao'

Yahoo

time5 days ago

  • Entertainment
  • Yahoo

Myke Towers & Quevedo Set Charts Ablaze With ‘Soleao'

Myke Towers and Quevedo propel 'Soleo' to the top of Billboard's Latin Airplay chart as the song jumps a spot to No. 1 on the list dated Aug. 9. Their first collab, 'Soleao' (which translates to 'sunny' in English), was released May 20 on One World International/Warner Records/Warner Latina. It leads the way in its ninth chart week, after an 11% growth in audience impressions, to 9.1 million, across U.S. panel-contributing Latin radio stations in the tracking week of July 25-31, according to Luminate. More from Billboard Myke Towers Takes Billboard on a Puerto Rican Adventure for 'Island Boyz': Watch Here's Why Fans Think Lil Baby Is Dropping an Album Next Week Justin Bieber Vacations With Wife Hailey & 11-Month-Old Son Jack Blues in Black & White 'Yukon' Music Video Towers claims his 15th Latin Airplay champ, and third consecutively of 2025, after one-week rulers 'Otra Noche,' featuring Darell (February), and 'Degenere,' featuring Benny Blanco (May). Further, Towers adds to his satchel of wins as he accomplishes a third trio of No. 1s in a single year. Rewind to 2021, when (after landing two early chart-toppers, for that matter) the Puerto Rican delivered a streak of three straight No. 1s: 'Bandido,' with Juhn; 'Pareja del Año,' with Sebastián Yatra; and 'Bésame,' with Luis Fonsi, that June, August and November, respectively. In 2024, Towers replicated the success with another trio of consecutive No. 1s: 'Borracho y Loco,' with Yandel; 'La Falda'; and 'La Capi,' between that February and May. Meanwhile, Quevedo makes a comeback to No. 1 on Latin Airplay. He previously led, for four weeks, with 'Bzrp Music Sessions, Vol. 52,' with Bizarrap, in 2022. Beyond its Latin Airplay coronation, 'Soleao' likewise lifts 2-1 on Latin Pop Airplay. There, Towers tallies a third No. 1 and Quevedo, his first. Further, the song adds a second week atop Latin Rhythm Airplay. Banda Carnaval Ignites Regional Mexican Airplay: Elsewhere on the Latin charts, Banda Carnaval secures its eighth No. 1 on Regional Mexican Airplay, and second of the year, as 'Ya La Hice' bounds 9-1 with 6.6 million audience impressions, up 47%, in the tracking week. The act's 'Pude' led for a week in March. 'We are deeply grateful to our fans for taking 'Ya La Hice' to No. 1 on Billboard's Regional Mexican Airplay chart,' Banda Carnaval tells Billboard. 'This song represents a very special moment for us, and seeing it connect with people in this way fills us with pride and emotion. Thank you to everyone who has made it their own, to the composers for this great story, and to our team who continues to believe in our music. Let's go all the way with Síganme Tirando!' 'Ya La Hice' earns Greatest Gainer honors, awarded to the song with the largest week-over-week increase in impressions at the format. Leading the charge during the tracking period are Univision stations, with standout support from KSCA-FM Los Angeles, KLNO-FM Dallas, and WOJO-FM Chicago. Best of Billboard Chart Rewind: In 1989, New Kids on the Block Were 'Hangin' Tough' at No. 1 Four Decades of 'Madonna': A Look Back at the Queen of Pop's Debut Album on the Charts Chart Rewind: In 1990, Madonna Was in 'Vogue' Atop the Hot 100 Solve the daily Crossword

H.I.G. Capital Completes Strategic Exits: Soleo Health and Koozie Group Sales Highlight Private Equity Firm's Value Creation Strategy
H.I.G. Capital Completes Strategic Exits: Soleo Health and Koozie Group Sales Highlight Private Equity Firm's Value Creation Strategy

Edinburgh Reporter

time24-04-2025

  • Business
  • Edinburgh Reporter

H.I.G. Capital Completes Strategic Exits: Soleo Health and Koozie Group Sales Highlight Private Equity Firm's Value Creation Strategy

The Miami-based alternative investment firm's recent portfolio company sales demonstrate its approach to building and transforming middle-market businesses H.I.G. Capital, the Miami-based global alternative investment firm with $69 billion of capital under management, has recently completed the sale of two significant portfolio companies – Soleo Health and Koozie Group – demonstrating the firm's strategy of acquiring, transforming, and successfully exiting middle-market businesses. The more recent transaction involved Koozie Group, one of the largest suppliers in the promotional products industry. Founded in 1969 and headquartered in Clearwater, Florida, Koozie Group designs and produces marketing products across more than 10 product categories. The company was sold to Garyline LLC, a portfolio company of Mill Point Capital. During H.I.G.'s ownership, the firm worked with Koozie's management to transform the business from a corporate division into a standalone entity. Under H.I.G.'s guidance, the company invested in new product development, IT systems, customer experience, innovation, and enhanced operational capabilities, while completing and integrating four add-on acquisitions. 'Our partnership with H.I.G. was transformative for us, and we are thankful for their guidance and support as we made significant investments in our platform,' said Pierre Montaubin, CEO of Koozie Group. 'We are positioned for continued growth and success and look forward to the next chapter.' Camilo E. Horvilleur, Managing Director at H.I.G., highlighted the firm's approach: 'We saw an opportunity to take a non-core corporate division and turn it into an industry-leading platform in the promotional products industry. We appreciate all the hard work from all the stakeholders that resulted in Koozie Group's accelerated evolution.' This sale followed the February 2025 exit of Soleo Health, a diversified infusion services platform headquartered in Frisco, Texas. Soleo was sold to funds managed by Court Square Capital and WindRose Health Investors. The company had grown into a national provider of complex specialty pharmacy services and infusion therapy, operating 26 pharmacies and more than 30 ambulatory infusion suites across the United States. H.I.G. supported Soleo in building an industry-leading specialty pharmacy and infusion business through several key initiatives: expanding its footprint with new pharmacy and infusion suite locations, introducing a differentiated therapy-specific clinical model, diversifying its payor and therapy offerings, and making strategic executive hires. Drew Walk, President and Chief Executive Officer at Soleo, noted: 'H.I.G. has been an exceptional partner to Soleo and instrumental in helping us build the Company into the market leader we are today. H.I.G. supported several significant investments in talent and infrastructure, strengthening our ability to reach more patients and provide exceptional care across our network.' Scott Zhu, Managing Director at H.I.G., added: 'Drew and the Soleo management team have done an outstanding job transforming Soleo from a regional infusion player into a national specialty care provider, with a variety of compelling growth opportunities.' These successful exits highlight H.I.G.'s operational focus and value-creation strategy. Since its founding in 1993, the firm has invested in and managed more than 400 companies worldwide. Its current portfolio includes more than 100 companies with combined sales exceeding $53 billion, spanning sectors from healthcare and manufacturing to technology and real estate. H.I.G.'s continuing activity, which also included multiple new investments in April 2025 across healthcare services, travel, and logistics sectors, reflects its ongoing commitment to identifying and developing promising middle-market businesses with strong growth potential. Like this: Like Related

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