Latest news with #St.Louis-based
San Francisco Chronicle
6 days ago
- Business
- San Francisco Chronicle
Cass: Q2 Earnings Snapshot
ST. LOUIS (AP) — ST. LOUIS (AP) — Cass Information Systems Inc. (CASS) on Thursday reported second-quarter earnings of $8.9 million. The St. Louis-based company said it had profit of 66 cents per share. Earnings, adjusted to account for discontinued operations, came to 38 cents per share. The invoice and payment management company posted revenue of $44.4 million in the period.
Business Wire
7 days ago
- Business
- Business Wire
One10 Accelerates Incentive Innovation with Whistle Acquisition
MINNEAPOLIS--(BUSINESS WIRE)--One10 LLC (' One10 '), a leader in performance improvement and incentive solutions, has acquired Whistle, a St. Louis-based employee engagement and rewards technology company. The acquisition significantly strengthens One10's position in behavioral science, data science and incentive technology capabilities, enabling faster, more targeted ways to improve performance across employee and channel ecosystems. Whistle, known for its award-winning technology, also brings a team with deep industry expertise, including co-founders Drew Carter and Chris Dornfeld. Whistle employees will remain in St. Louis and officially become One10 team members. 'This is a powerful moment for One10,' said Bob Miller, President and CEO of One10. 'The Whistle team brings cutting-edge talent and a platform rooted in data science, which aligns perfectly with our mission to drive results for our clients by improving the performance of their employees and channels.' Drew Carter will join One10 as President of Performance Solutions, overseeing the company's Incentive & Recognition and Marketing Services solution areas. Chris Dornfeld will become Executive Vice President of Product Strategy, leading the continued development of Whistle's technology and the next generation of One10's incentive platform. 'By joining forces with One10, we're combining Whistle's agile technology with One10's proven expertise and scale, delivering clients even more powerful ways to drive performance,' said Carter. 'This partnership expands what's possible - making it easier and faster for companies to engage employees and channel partners in meaningful, measurable ways.' The acquisition is the latest strategic move by One10 to expand its capabilities and product-led solutions. The integration of Whistle's technology, talent, and behavioral science expertise will accelerate One10's product roadmap and client value delivery. For more information, visit About One10 One10 LLC is a leader in incentives and recognition, travel and events, and marketing services across the U.S. and Canada. The company offers software solutions to enable and engage corporate employees, salespeople, and channel partners. One10's global rewards, prepaid solutions and products help some of the world's most admired brands improve engagement and drive results. One10 is backed by Bow River Capital, a private alternative asset manager based in Denver, Colorado. Bow River Capital Evergreen Fund is distributed by Foreside Financial Services, LLC, which is not affiliated with Bow River Capital or its affiliates.
Business Journals
16-07-2025
- Business
- Business Journals
Kensington Park Capital Announces New Partnership for The Illuminate Group
Tampa, FL July 10, 2025 - Kensington Park Capital is pleased to announce that its client, The Illuminate Group, a Tampa-based cold chain design and management provider, has partnered with Compass Group Equity Partners, a St. Louis-based private equity firm, to launch a new cold chain platform. The transaction is the culmination of Compass Group's multi-year industry efforts to lock arms with an innovative founder-led team with a strong runway for growth in the rapidly expanding pharmaceutical cold chain sector. Kensington Park served as the exclusive investment banker for this transaction. StillPoint Capital, based in Tampa, FL, served as the FINRA/SIPC broker/dealer for this securities transaction. Founded in 2012, The Illuminate Group excels in solving cold chain packaging and logistical challenges for some of the largest mail-order pharmacy and pharmaceutical manufacturing companies in the United States. Illuminate delivers specialized expertise to its customers through innovative packaging design and engineering, product testing and logistics services. Illuminate's success is a testament to its highly regarded leadership team, including industry veterans and co-founders Melissa Germain, CEO, and Jean-Pierre Emond, PH.D., COO, who bring more than 45 years of combined applied research, design and teaching experience at renowned universities and research centers. 'This collaboration will provide us with the resources and strategic support to expand our reach, enhance our innovation solutions and continue to deliver our hallmark white-glove customer service and exceptional value to our customers,' said CEO Melissa Germain. 'We are very thankful to Kensington Park Capital for their excellent representation of our company and their advice and counsel in partnering us with a Blue-Chip private equity firm.' 'We've found great partners in the Compass Group team,' added COO Dr. Jean-Pierre Emond. 'We believe this partnership will be deeply beneficial for both our customers and employees, enabling us to continue innovating in the cold chain industry. We will be able to expand our team to add likeminded individuals dedicated to reimagining how the world moves temperature-sensitive products – guided by scientific rigor, committed to uncompromising reliability, and inspired by a bold vision for breakthrough innovation.' 'It was clear from our first conversation with Illuminate that they have a unique value proposition in the cold chain industry,' said Maureen Dwyer, Vice President at Compass Group. 'Illuminate is a trusted provider that demonstrates quality, reliability and savings for their customers through their industry expertise and proprietary products.' "The Illuminate Group has earned its position as a leader in temperature sensitive packaging through a relentless focus on innovation, quality, and client satisfaction,' said John McDonald, Senior Managing Director of Kensington Park Capital. 'It has been a privilege to advise the team through this transaction. We believe Compass Group's collaborative approach and operating expertise will be a powerful catalyst for the next phase of growth, and we're excited to see what Illuminate accomplishes in the years ahead." The partnership will accelerate key growth initiatives for Illuminate, positioning the company for its next stage of expansion. A significant investment in testing and research infrastructure is expected to enable a threefold increase in R&D capacity, advancing both product development and new customer on-boarding. Additionally, Illuminate plans to utilize their expertise to expand their footprint and product offerings to new industry sectors. About Kensington Park Capital Kensington Park Capital is a Tampa, FL- based investment bank with a focus on providing mergers and acquisitions advisory services for privately-owned middle market companies. Our team of seasoned investment bankers guide company owners through the entire M&A process, from the initial kickoff meeting to the closing celebration party. We serve all industries, all geographies, all company sizes, with one common characteristic – all of our clients are institutional-quality companies with excellent leadership teams, long histories of success, and stellar growth prospects. We help our clients exit with impact – maximizing wealth, expanding options, and honoring their journey. With deep experience and trusted relationships across private equity and strategic buyers, we lead a competitive process to secure the best price and terms for you and your company. We manage every detail of this career-defining transaction – navigating complexity, negotiating fiercely, and staying relentlessly focused on your goals. We don't just close deals. We unlock dreams. For additional information, please visit
Yahoo
11-07-2025
- Business
- Yahoo
Compass Group Partners With The Illuminate Group to Launch New Cold Chain Platform
ST. LOUIS, July 09, 2025--(BUSINESS WIRE)--Compass Group Equity Partners, a St. Louis-based private equity firm, announced its partnership with The Illuminate Group, a Tampa-based cold chain design and management provider. The transaction is the culmination of Compass Group's multiyear efforts to lock arms with an innovative founder-led team with a strong runway for growth in the rapidly expanding pharmaceutical cold chain sector. Founded in 2012, The Illuminate Group excels in solving cold chain packaging and logistical challenges for some of the largest mail-order pharmacy and pharmaceutical manufacturing companies in the United States. Illuminate delivers specialized expertise to its customers through innovative packaging design and engineering, product testing and logistics services. "It was clear from our first conversation with Illuminate that they have a unique value proposition in the cold chain industry," said Maureen Dwyer, vice president at Compass Group. "Illuminate is a trusted provider that demonstrates quality, reliability and savings for its customers through its industry expertise and proprietary products." Illuminate's success is a testament to its highly regarded leadership team, including industry veterans and co-founders Melissa Germain, CEO, and Jean-Pierre Emond, Ph.D., COO, who bring more than 45 years of combined applied research, design and teaching experience at renowned universities and research centers. "This collaboration will provide us with the resources and strategic support to expand our reach, enhance our innovative solutions, and continue to deliver our hallmark white-glove customer service and exceptional value to our customers," said CEO Melissa Germain. "We've found great partners in the Compass Group team," added COO Dr. Jean-Pierre Emond. "We believe this alignment will be deeply beneficial for both our customers and employees, enabling us to continue innovating in the cold chain industry. We'll be able to expand our team with likeminded individuals dedicated to reimagining how the world moves temperature-sensitive products — guided by scientific rigor, committed to uncompromising reliability and inspired by a bold vision for breakthrough innovation." The partnership will accelerate key growth initiatives for Illuminate, positioning the company for its next stage of expansion. A significant investment in testing and research infrastructure is expected to enable a threefold increase in R&D capacity, advancing both product development and new customer onboarding. Additionally, Illuminate plans to leverage its expertise to expand its footprint and product offerings into new industry sectors. Illuminate represents the fourth platform investment from Compass Group's Fund III, which closed in April 2024 with $408 million in commitments. In addition to Maureen Dwyer, the Compass deal team included Chris Gibson, managing partner, and Danielle Herderhorst, senior associate. About Compass Group Equity Partners Compass Group Equity Partners is a St. Louis-based private equity firm with a record of success in partnering with and building lower middle-market companies. Founded in 2014, Compass Group brings a thesis-driven approach and decades of operational, financial and strategic expertise to aid management teams in accelerating growth for long-term value creation. For more information, please visit About The Illuminate Group The Illuminate Group is a Tampa-based cold chain logistics company specializing in the last-mile, mail-order pharmacies and pharmaceutical manufacturing industries. Founded in 2012, The Illuminate Group delivers specialized expertise to its customers through passive packaging design and engineering, product testing and logistics services. For more information, please visit View source version on Contacts Brad FitzgeraldCompass Guide, Strategic Marketingbradf@ 636.236.7690 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
Business Wire
10-07-2025
- Business
- Business Wire
BILT Exteriors Expands National Presence Through Partnership With West County Roofing & Construction
SPRING LAKE PARK, Minn.--(BUSINESS WIRE)--BILT Exteriors, a national leader in storm restoration and exterior services, today announced a new partnership with West County Roofing and Construction, a respected St. Louis-based roofing and exterior contractor. This marks BILT's entrance into the St. Louis area and reflects the company's continued geographic expansion, including its second new market in the past nine months. Mike and Krista Grossman founded the company in 2021 after decades of industry experience, building a business rooted in trust, responsiveness, and community values. West County Roofing has quickly earned a reputation for professionalism, integrity, and high-quality craftsmanship in roof replacements and storm damage restoration. 'We chose to join BILT because it's built by owners like us,' said Mike Grossman, co-founder of West County Roofing. 'They understand what it takes to run a great roofing company, and we wanted to be part of a team that shares our values and ambition. This partnership gives us the freedom to keep running West County our way while collaborating with other strong leaders across the BILT platform.' 'Joining BILT means we get to grow the business without giving up what makes it work,' added co-founder Krista Grossman. 'They understand that local leadership and community trust matter. Now we're better equipped to take on more projects, serve more homeowners, and keep doing what we love.' George Todd, CFO of BILT Exteriors, added, 'Mike and Krista bring deep experience and a strong reputation in the St. Louis market. They are exactly the kind of leaders we look for as we thoughtfully grow BILT's national footprint. We're excited to support their continued leadership at West County and welcome them as owner-operators on the BILT platform.' With a growing presence across the Central U.S., BILT continues to expand by partnering with owner-led companies that want to grow without losing their identity. BILT Exteriors continues to actively seek partnerships with high-performing, founder-led companies in the roofing and storm restoration space nationwide. About BILT Exteriors BILT Exteriors unites exceptional local roofing companies to create a new standard in storm restoration and exterior services. The company partners with successful founders who excel at residential and multifamily solutions, delivering precision and expertise across a wide range of exterior repairs and replacements. Through its family of brands, including Ashco Exteriors, All Craftsmen Exteriors, Absolute Construction, and now West County Roofing, BILT is building a nationwide community of excellence. From its strong Central U.S. foundation, BILT combines regional expertise with enterprise-level resources to deliver consistently outstanding results. Services include storm damage restoration, insurance claim management, roofing and siding installation, and comprehensive exterior repairs. For more information, visit About West County Roofing and Construction Based in St. Louis, Missouri, West County Roofing and Construction specializes in residential roofing, storm damage restoration, and insurance claim support. Founded in 2021 by industry veteran Mike Grossman and co-founder Krista Grossman, the company has earned a strong reputation for its customer-first approach, skilled project execution, and dedication to quality. For more information, visit
