Latest news with #TCA
Yahoo
3 days ago
- Business
- Yahoo
Truxton Capital Advisors Serves as Sole Financial Advisor to T&R Recovery in Growth Investment from Genesis Park and Cyprium Partners
NASHVILLE, Tenn., June 02, 2025 (GLOBE NEWSWIRE) -- Truxton Capital Advisors (TCA) is pleased to announce its role as the exclusive financial advisor to T&R Recovery Holdings, LLC ('T&R Recovery' or the 'Company') in connection with a strategic growth investment from GP Capital Partners, LP, an investment fund managed by Genesis Park, and Cyprium SBIC I LP, an investment fund managed by Cyprium Partners. This transaction included a combination of debt and minority equity, as well as a delayed draw facility to support T&R Recovery's future expansion initiatives. The capital infusion will accelerate the Company's strategic growth through acquisitions and market expansion across the behavioral health landscape. 'We are proud to have advised the outstanding team at T&R Recovery in this transformative transaction,' said Andrew May, Vice Chairman of Truxton. 'Their dedication to clinical excellence and operational strength made this a compelling opportunity. We are excited to watch their continued growth with the support of Genesis Park and Cyprium.' Founded by seasoned behavioral health operators, T&R Recovery is a leading provider of mental health and addiction treatment services, with three accredited facilities across Arizona and Texas. The Company offers a comprehensive continuum of care, including residential treatment, partial hospitalization, intensive outpatient, detoxification, and other specialized services. This transaction underscores Truxton Capital Advisors' deep expertise in the healthcare services sector, particularly within behavioral health, and its ability to deliver outstanding outcomes for founder-led and mission-driven businesses. About Truxton Capital AdvisorsTruxton Capital Advisors (TCA) provides family-owned businesses with thoughtful, consultative services and investment banking strategies to meet their capital needs. Through a comprehensive, relationship-focused approach, TCA delivers highly sophisticated, tax-sensitive solutions to maximize desired outcomes both for the business today and for the family long-term. About Truxton Truxton is a premier provider of wealth, banking, and family office services for wealthy individuals, their families, and their business interests. Serving clients across the world, Truxton's vastly experienced team of professionals provides customized solutions to its clients' complex financial needs. Founded in 2004 in Nashville, Tennessee, Truxton upholds its original guiding principle: do the right thing. Truxton Trust Company is a subsidiary of financial holding company, Truxton Corporation (OTCPK: TRUX). For more information, visit Investor Relations Media Relations Austin Branstetter Swan Burrus 615-250-0783 615-250-0773 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
Indian Express
29-05-2025
- Science
- Indian Express
India needs to embed biodiversity as a key consideration in every decision
Written by Asmita Sengupta and Vinod B Mathur The unprecedented loss of nature over the past few decades has induced a call for transformative change towards socially-just biodiversity conservation across the world. Transforming biodiversity safeguarding is not just about conservation, though — it is a systemic shift that integrates biodiversity and social justice into every facet of human life, ensuring ecological balance, economic stability, and long-term sustainability for all living beings. The recently adopted Summary for Policymakers (SPM) of the Transformative Change Assessment (TCA) undertaken by the Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services (IPBES) defines 'transformative change' as 'fundamental, system-wide shifts in views, structures and practices' that address the underlying causes of biodiversity loss and nature's decline. Transformative change is crucial as past and existing attempts at addressing the drivers of biodiversity loss have failed to make a difference. And India has a critical role in bringing it about, not only as the most populous country but also as one of the fastest-growing global economies. So, how does one bring about transformative change? Acknowledging the linkage between equity and sustainability at the very outset, the IPBES assessment identifies three key causes underlying the drivers of biodiversity loss: Disconnection from and domination over nature and (marginalised) people, concentration of wealth and power, and prioritisation of short-term, individual and material gains. Shifting worldviews, practices, and institutional and/or governance structures are essential for addressing these causes. Further, the assessment recognises four key principles that can bring about this shift: Equity and justice, pluralism and inclusion, respectful and reciprocal human-nature relationships, and adaptive learning and action. The assessment, however, warns that transformative change can be impeded by five overarching challenges that are systemic, pervasive, and persistent. Relations of domination over nature and people, especially those that emerged in colonial eras and have persisted since; economic and political inequalities; inadequate policies and unfit institutions; unsustainable consumption and production patterns; and limited access to clean technologies alongside uncoordinated knowledge and innovation systems. The assessment finally provides five strategies in this regard: Conserving and regenerating places of value to nature and people, driving systemic change in sectors most responsible for biodiversity decline, transforming economic systems for nature and equity, transforming governance systems, and shifting societal views and values to recognise and prioritise fundamental interconnections between humans and nature. India has seen transformative change in the realm of biodiversity, safeguarding several times over the past 50 years. A compelling story of communities taking stewardship of natural resources from the country is the Chipko Movement, when villagers, including many women, hugged forest trees in Chamoli, Uttarakhand, to prevent them from being felled by logging companies – one of many such movements that eventually led to the enactment of the Forest Conservation Act (1980). India continues to accord high importance to conserving places of value to nature and people, and has strong governance frameworks in this regard, including laws and regulations for forest management, biodiversity conservation, wildlife protection, environment protection, and recognising indigenous rights. The Scheduled Tribes and Other Traditional Forest Dwellers (Recognition of Forest Rights) Act (FRA) 2006 that legally recognises the land rights of communities and authorises them to utilise, manage, and safeguard forests and forest resources through the Community Forest Resource (CFR) rights legitimises community ownership of forest lands for residing and cultivation, apart from giving decision-making authority to the Gram Sabha regarding land parcel management. Nevertheless, not all is rosy in India. Just as the tiger population has seen a boost thanks to Project Tiger, the Great Indian Bustard has experienced a massive population decline. Wildlife conservation success stories have often compromised the well-being of forest-dwelling communities. Many protected areas have been degraded, downsized and degazetted for activities at loggerheads with biodiversity safeguarding. And infrastructure developments, particularly in the form of roads, railways and canals, continue to occur in and around biodiversity-rich landscapes. The aspiration for being 'developed' comes at a very high cost, and India needs to embed biodiversity, one of its greatest assets, as a key consideration in every decision. The IPBES TCA SPM is a tool that India could make use of to this end. And the same holds for the other assessments that the IPBES has produced since its establishment in 2012 and the ones that are being undertaken as we speak. The IPBES brings together experts with a vast variety of disciplinary backgrounds who synthesise existing knowledge over two-three years and yet effective uptake of these assessments remains a pipe-dream. It is paramount that this wealth of resources is tapped into for informed decision-making as India moves ahead on the trajectory of Viksit Bharat. Sengupta is Fellow, Ashoka Trust for Research in Ecology and the Environment, Bengaluru, India; Fellow, TCA, IPBES. Mathur is Former Chairperson, National Biodiversity Authority of India and Regional Vice Chair (Asia-Pacific) IPBES Bureau
Yahoo
29-05-2025
- General
- Yahoo
Good Samaritan truck driver honored as ‘angel'
ARCHDALE — A truck driver from Pennsylvania has received recognition from the Truckload Carriers Association for extinguishing a pickup burning along Interstate 85 in Archdale last month. TCA posted on its website that Kerry Netusil of Hawley, Pennsylvania, was among the latest to be named a TCA Highway Angel. Netusil, a driver for Minnesota-based Bay & Bay Transportation, was driving on I-85 about 12:25 p.m. on April 22 when he saw the pickup on fire and the driver apparently without any way to extinguish the flames. 'I pulled over and ran back with my fire extinguisher,' Netusil told TCA. 'The guy's truck was totaled, and he definitely burned part of his hand in the fire.' Netusil's grandfather and father were both firefighters, Netusil said, and he never hesitated to stop to help the distressed driver. 'I don't like the idea of people losing stuff because I didn't feel like pulling over,' he said. 'It just doesn't sit right with me.' TCA says that since the TCA Highway Angel program began in August 1997, nearly 1,500 professional truck drivers have been recognized as TCA Highway Angels for exemplary kindness, courtesy, and courage displayed while on the job.
Malaysian Reserve
22-05-2025
- Business
- Malaysian Reserve
Enra unit partners with Italy's Fincantieri to support naval vessel projects
ENRA Group Bhd said that its 70%-owned indirect subsidiary, Enra Energy Solutions Sdn Bhd, has entered into a technical collaboration agreement (TCA) with Italian shipbuilder Fincantieri SpA. The agreement, signed in the presence of Italian and Malaysian authorities, outlines cooperation in the supply and support of new naval vessels, including multi-role support ships and littoral mission ships. Enra views the partnership as a strategic step to strengthen its position in the maritime and defence sectors. Shares of Enra were untraded on Thursday, with the last trade recorded on May 13. —TMR
Otago Daily Times
20-05-2025
- Otago Daily Times
Seven still at large after jailbreak
Seven of the 10 men who busted out of a New Orleans jail last week remained at large yesterday as a statewide manhunt entered its fifth day. The reward for tips leading to their recapture was raised to $US20,000 ($NZ33,800) per person on Monday as federal and state authorities pleaded for the public's help in the case. Investigators said they had leads on all seven men. Three men who escaped the Orleans Parish jail on Friday had already been rearrested, one of which was aided by tips from the public, authorities said. Officials said the men likely had outside and inside help to get out of the jail. Three Orleans Parish sheriff's employees were suspended without pay shortly after the jailbreak. Police said anyone found aiding the seven men in their escape would also face charges. — TCA
