September 14, 2021

Blackstone Completes Previously Announced Acquisition of Sphera, Leading Provider of ESG Software, Data, and Consulting Services

NEW YORK and CHICAGO, Sept. 14, 2021 (GLOBE NEWSWIRE) — Sphera today announced that private equity funds managed by Blackstone (NYSE: BX, “Blackstone”) have completed their previously announced acquisition of Sphera, a leading provider of environmental, social and governance (ESG) software, data and consulting services, from Genstar Capital. The transaction, which values the company at $1.4 billion, continues Blackstone’s thematic investment focus on the ESG sector and provides Sphera with capital to help accelerate its growth and product offerings.

Spanning over 80 countries with more than 3,000 customers, Sphera combines its software as a service solution with consulting services, underpinned by proprietary data, to support businesses globally to manage and mitigate ESG risk. This support is delivered through its three product lines: Environment, Health, Safety & Sustainability (EHS&S); Operational Risk Management; and Product Stewardship.

As part of Sphera’s strategic growth efforts, the company is also announcing the appointment of Kimberly Kolb as chief human resources officer (CHRO). As CHRO, Kolb will be responsible for developing and supporting Sphera’s global workforce as the organization continues to grow its footprint worldwide. She brings over 30 years of human resources, consulting and marketing experience from technology, professional service and financial services firms to the position, and held senior leadership roles at Whittman-Hart, CME Group and XR Trading.

Paul Marushka, CEO and president at Sphera, said, “As we enter this new stage, we are excited to be able to partner with Blackstone. Our achievements to date are a result of the dedication, hard work and effort of the team at Sphera. I am proud to collaborate with such a dedicated team as we take Sphera, with Blackstone’s investment and support, to the next level. This partnership with and capital injection by Blackstone will facilitate the next evolution of innovation, cementing our position as leaders and allowing us to push ahead with our vision for ESG software integration with extensive data and world-class consultancy services.”

Eli Nagler, a senior managing director at Blackstone, said: “We are excited to partner with Paul Marushka and his team to build on Sphera’s strong momentum as a trusted leader in the ESG solutions space. We look forward to supporting the company in the next phase of its growth journey as they continue to expand their product offerings and innovate to best serve their global customer base.”

Note to editors

About Sphera
Sphera creates a safer, more sustainable and productive world. We are a leading global provider of Environmental, Social and Governance (ESG) performance and risk management software, data and consulting services with a focus on Environment, Health, Safety & Sustainability (EHS&S), Operational Risk Management and Product Stewardship. Learn more about Sphera at www.sphera.com. Follow Sphera on LinkedIn.

About Blackstone
Blackstone is one of the world’s leading investment firms. We seek to create positive economic impact and long-term value for our investors, the companies we invest in, and the communities in which we work. We do this by using extraordinary people and flexible capital to help companies solve problems. Our $684 billion in assets under management include investment vehicles focused on private equity, real estate, public debt and equity, life sciences, growth equity, opportunistic, non-investment grade credit, real assets and secondary funds, all on a global basis. Further information is available at www.blackstone.com. Follow Blackstone on Twitter @Blackstone.

Contact:

Sphera Solutions, Sphera@AspectusGroup.com

September 14, 2021

Blackstone achève l’acquisition précédemment annoncée de Sphera, fournisseur de premier plan de logiciels, de données et de services de conseil ESG

NEW YORK et CHICAGO, 14 sept. 2021 (GLOBE NEWSWIRE) — Sphera a annoncé aujourd’hui que les fonds de capital-investissement gérés par Blackstone (NYSE : BX, « Blackstone ») ont achevé leur acquisition précédemment annoncée de Sphera, un fournisseur de premier plan de logiciels, de données et de services de conseil en matière d’environnement, de gestion sociale et de gouvernance (ESG), auprès de Genstar Capital. La transaction, qui évalue la société à 1,4 milliard de dollars, poursuit l’investissement thématique de Blackstone dans le secteur ESG et fournit à Sphera un capital pour aider à accélérer sa croissance et ses offres de produits.

Couvrant plus de 80 pays avec plus de 3 000 clients, Sphera associe sa solution logicielle en tant que service avec des services de conseil, soutenus par des données exclusives, afin d’aider les entreprises du monde entier à gérer et atténuer les risques liés aux ESG. Cette assistance est fournie via ses trois gammes de produits : environnement, santé, sécurité et durabilité (EHS&S) ; gestion des risques opérationnels ; et gestion des produits.

Dans le cadre des efforts de croissance stratégique de Sphera, la société annonce également la nomination de Kimberly Kolb au poste de directrice des ressources humaines. En tant que directrice des RH, Mme Kolb sera responsable du développement et du soutien de la main-d’œuvre mondiale de Sphera alors que l’organisation continue de développer sa présence dans le monde entier. Elle apporte plus de 30 ans d’expérience dans les domaines des ressources humaines, du conseil et du marketing auprès de sociétés de technologie, de services professionnels et de services financiers, et a occupé des postes de haute direction chez Whittman-Hart, CME Group et XR Trading.

Paul Marushka, président-directeur général de Sphera, a déclaré : « Alors que nous sommes à l’orée de cette nouvelle étape passionnante, nous sommes ravis d’avoir le soutien de Blackstone. Bien entendu, rien de tout cela ne sera possible sans les efforts collectifs et les réalisations de l’équipe Sphera jusqu’à présent, et je suis fier de prendre ces prochaines mesures avec un groupe d’experts aussi accompli. Ce partenariat et cette injection de capitaux faciliteront la prochaine évolution de l’innovation, consolidant notre position de leader et nous permettant ainsi de faire progresser notre vision de l’intégration de logiciels ESG avec des services de conseil de classe mondiale. »

Eli Nagler, directeur général sénior de Blackstone, a déclaré : « Nous sommes ravis de nous associer à Paul Marushka et à son équipe pour tirer parti de la forte dynamique de Sphera en tant que leader de confiance dans le domaine des solutions ESG. Nous sommes impatients de soutenir la société dans la prochaine phase de son parcours de croissance alors qu’elle continue d’étendre ses offres de produits et d’innover pour mieux servir sa clientèle mondiale. »

Note à l’intention des rédacteurs

À propos de Sphera
Sphera crée un monde plus sûr, plus durable et plus productif. Nous sommes un fournisseur mondial de premier plan de services de conseil, de données et de logiciels de gestion des risques et des performances environnementales, sociales et de gouvernance (ESG), mettant un accent tout particulier sur l’environnement, la santé, la sécurité et la durabilité (EHS&S), la gestion des risques opérationnels et la gestion des produits. Pour en savoir plus sur Sphera, rendez-vous sur www.sphera.com. Suivez Sphera sur LinkedIn.

À propos de Blackstone
Blackstone est l’une des plus grandes sociétés d’investissement au monde. Nous cherchons à créer un impact économique positif et une valeur à long terme pour nos investisseurs, les entreprises dans lesquelles nous investissons et les communautés dans lesquelles nous travaillons. Nous faisons cela en utilisant des personnes extraordinaires et des capitaux flexibles pour aider les entreprises à résoudre les problèmes. Nos 684 milliards de dollars d’actifs sous gestion comprennent des véhicules d’investissement axés sur le capital-investissement, l’immobilier, la dette publique et les capitaux propres, les sciences de la vie, les capitaux propres de croissance, le crédit opportuniste dans la catégorie de non-investissement, les actifs réels et les fonds secondaires, le tout à l’échelle mondiale. De plus amples informations sont disponibles sur le site www.blackstone.com. Suivez Blackstone sur Twitter @Blackstone.

Sphera Solutions, Sphera@AspectusGroup.com

September 14, 2021

Madison Realty Capital Originates $450 Million Construction Loan for 1,098-unit Mixed Use Development in Downtown Brooklyn

NEW YORK, Sept. 14, 2021 (GLOBE NEWSWIRE) — Madison Realty Capital, a vertically integrated real estate private equity firm focused on debt and equity investment strategies, today announced it has provided a $450 million loan to The Rabsky Group, one of the largest residential and commercial developers in Brooklyn and Queens, to complete development of a 1,098-unit, 35-story multifamily and retail mixed-use property at 625-635 Fulton Street at the intersection of Flatbush Avenue in Downtown Brooklyn, New York.

Josh Zegen, Managing Principal and Co-Founder of Madison Realty Capital, said, “This transaction represents Madison Realty Capital’s ability to deliver speed, certainty, and execution to top-tier borrowers in highly attractive submarkets. Accordingly, we are pleased to provide The Rabsky Group, a highly sophisticated and experienced developer with significant holdings throughout the New York metropolitan area, with a large and flexible financing solution. Downtown Brooklyn is an ever-expanding neighborhood and new multifamily housing options, particularly of this caliber, will be quickly absorbed. We are glad to support a property under development that will offer significant affordable housing options and look forward to expanding our relationship with The Rabsky Group for additional projects that positively impact New York City.”

Brooklyn is New York City’s most populous borough and is home to one of the most diverse economies in the country. Proximity to major employment hubs and education centers have made Downtown Brooklyn one of New York’s fastest growing residential markets. Moreover, Downtown Brooklyn has also become a technology and innovation hub and is home to 25 percent of New York City-based tech firms. The property is located within the Brooklyn Tech Triangle, an area comprised of Downtown Brooklyn, DUMBO, and the Brooklyn Navy Yard that has emerged as New York City’s largest cluster of tech activity outside of Manhattan and is within two blocks of ten different subway lines.

Designed with two interconnected residential towers atop a five-story podium, the property will offer 590,096 rentable residential square feet across 342 studios, 492 one-bedroom and 264 two-bedroom units and 30% of the units will be affordable through the Affordable New York program. A portion of the affordable units will be part of the Inclusionary Housing Program for lower income tenants. Residents will enjoy top-of-the-line amenities including a fitness facility, spa, recreation areas, in-unit washers and dryers, lounges, and a rooftop outdoor pool with views of Manhattan and Brooklyn. In addition to best-in-class residential units the property will have 25,988 rentable square feet of retail space along Fulton Street, 250 parking spaces and 150 storage units.

The Rabsky Group is led by Simon Dushinsky, Yadler Rabinowitz, and Joel Gluck, who also contributed significant cash equity for the construction.

Henry Bodek of Galaxy Capital served as broker for the transaction.

About Madison Realty Capital

Madison Realty Capital is a vertically integrated real estate private equity firm that manages approximately $6 billion in total assets on behalf of an institutional global investor base. Since 2004, Madison Realty Capital has completed more than $15 billion in transactions in the U.S. providing reputable borrowers with flexible and highly customized financing solutions, strong underwriting capabilities, and certainty of execution. Headquartered in New York City, with offices in Los Angeles and Miami, the firm has over 60 employees across all real estate investment, development, and property management disciplines. Madison Realty Capital has been frequently named to the Commercial Observer’s prestigious “Power 100” list of New York City real estate players and is consistently cited as a top construction lender, among other industry recognitions. To learn more, follow us on LinkedIn and visit www.madisonrealtycapital.com.

Nathaniel Garnick/Grace Cartwright
Gasthalter & Co.
(212) 257-4170
[email protected]

September 14, 2021

Tech Companies Datamaran and Intelex Team Up to Provide a Full-Suite ESG Software Solution

The exclusive relationship allows Intelex customers to manage the full life cycle of their ESG strategy, including Materiality Analysis and Risk Identification.

Toronto, Canada, Sept. 14, 2021 (GLOBE NEWSWIRE) — Intelex Technologies, ULC, a leading global provider of cloud-based Environmental, Health, Safety and Quality (EHSQ) management software, today announced it has entered an exclusive reseller partnership with Datamaran®, the only automated solution available to achieve a data-driven business process for external risk and materiality analysis. Working together, Datamaran and Intelex are helping customers accelerate their strategic and operational goals with a single source, fully automated and data-driven process.

Justin McElhattan, President and CEO of Intelex said, “We are very excited to partner with Datamaran to provide our customers with Datamaran’s industry-leading risk monitoring and materiality intelligence. Alongside Datamaran, we are able to offer our customers a superb experience that allows them to accelerate their ESG transformation by applying best-in-class data science and analytics.”

With this exclusive reseller partnership, Intelex customers will use Datamaran to identify, monitor and gain insights into emerging business and social issues with a dynamic risk and materiality process. The partnership provides organizations with unique risk monitoring and materiality capabilities, including Datamaran for Executives, a comprehensive solution to ensure that the most complete set of material risks are accurately captured for risk management, transparently communicated in annual disclosures and consistently reported up to the board of directors.

Mirroring Intelex’s own approach to providing scalable solutions that match customer ESG requirements, the Datamaran partnership offers customers the flexibility they need to achieve their strategic objectives. With Intelex and Datamaran together, organizations can seamlessly manage and monitor their ESG initiatives, reporting and strategy.

Companies worldwide use Datamaran’s evidence-based approach to inform their materiality, risk management, board oversight and reporting processes. This approach allows them to stay ahead of the curve, in front of the competition and at the top of their game. For an actual use case, you don’t have to look farther than Intelex parent company Fortive.

Pete Underwood, SVP and General Counsel of Fortive explains: “Datamaran continually anticipates and meets our needs, as our ESG and risk management processes evolve and mature. The platform enables a clear view of business-critical issues across the ever-changing landscape.”

With Datamaran and Intelex, senior management communicate timely and relevant information to the board of directors, move materiality from an operational exercise to a strategic process and monitor emerging trends. Using AI, Datamaran’s patented technology identifies and monitors over 400 external risk factors—including ESG, innovation and technology and geopolitical issues—on an ongoing basis by scanning the regulatory, media and corporate disclosure environments. It is the only software analytics platform available to improve risk management, annual reporting and board oversight of external risks and opportunities.

“For the past seven years, blue-chip companies have chosen Datamaran to seriously improve the way in which they go about ESG,” said Marjella Lecourt-Alma, CEO and co-founder of Datamaran. “With Intelex, we’re excited to reach an even larger group of companies. As a software provider with deep expertise in EHS, Intelex understands that ESG is now dominating the corporate market. Our full-suite ESG software solution enables companies to quickly move sustainability from project to process.”

About Datamaran: Datamaran is the only software analytics platform in the world that identifies and monitors external risks, including ESG. Trusted by blue-chip companies and top tier partners, it brings a data-driven business process for external risk and materiality analysis. In house—at any time. Datamaran’s patented technology offers real-time analytics on strategic, regulatory and reputational risks, specific to your business and value chain.

About Intelex Technologies, ULC: Intelex is a global leader in environmental, health, safety and quality (EHSQ) management software. Since 1992, Intelex employees across the globe have been committed to innovating and enabling organizations to send their employees home safely every day, leaving behind a more sustainable world to the generations that follow, and manage quality so that only the safest and highest quality products make it to market.

Intelex’s scalable, web-based platform and applications have helped clients across all industries improve business performance, mitigate organization-wide risk, and ensure sustained compliance with internationally accepted standards (e.g. ISO 9001, ISO 14001, ISO 45001) and OSHAS 18001) and regulatory requirements. Almost 1,400 customers in 195 countries trust Intelex to power their EHSQ initiatives.

Headquartered in Toronto with regional offices and employees around the world, Intelex became an Industrial Scientific company in 2019. In 2020, Intelex acquired ehsAI, provider of a SaaS-based next-wave compliance automation solution that leverages artificial intelligence and machine learning algorithms. For more information about Intelex, visit www.intelex.com.

Sandy Smith
Intelex Technologies, ULC
216-375-0484
[email protected]

September 14, 2021

Anaqua Delivers Enhanced IP Management to Bausch Health

Anaqua’s AQX platform to provide patent and trademark management with integrated IP analytics

BOSTON, Sept. 14, 2021 (GLOBE NEWSWIRE) — Anaqua, the leading innovation and intellectual property management technology provider, today announced that Bausch Health Companies Inc. has selected Anaqua’s AQX platform to deliver enhanced IP management across the health care products company’s global operations.

Bausch Health will be using Anaqua’s AQX as their primary IP management system – both for patent and trademark management – replacing their previous IP services provider. Bausch Health will take advantage of Anaqua’s broad range of IP offerings including AcclaimIP for patent analytics, Anaqua Services for patent annuities and trademark renewals, as well as AQX modules for IP contract and financial management.

Commented Bob Romeo, CEO of Anaqua: “Bausch Health is an innovative health care company delivering on its commitment to help people around the world. We are proud to be working with them and to better serve their valuable IP assets through Anaqua’s enhanced innovation and IP management solutions.”

About Anaqua
Anaqua, Inc. is a premium provider of integrated intellectual property (IP) management technology solutions and services. Anaqua’s AQX platform combines best practice workflows with big data analytics and tech-enabled services to create an intelligent environment designed to inform IP strategy, enable IP decision-making, and streamline IP operations. Today, nearly half of the top 100 U.S. patent filers and global brands, as well as a growing number of law firms worldwide use Anaqua’s solutions. Over one million IP executives, attorneys, paralegals, administrators, and innovators use the platform for their IP management needs. The company’s global operations are headquartered in Boston, with offices across the U.S., Europe, and Asia. For additional information, please visit anaqua.com, or on LinkedIn.

Company Contact:
Amanda Hollis
Associate Director, Communications
Anaqua
617-375-2626
[email protected]

September 14, 2021

Anaqua permet à Bausch Health d’améliorer la gestion de sa propriété intellectuelle.

La plateforme AQX d’Anaqua fournit une gestion des brevets et des marques en intégrant des données analytiques.

BOSTON, 14 sept. 2021 (GLOBE NEWSWIRE) — Anaqua, le leader dans le domaine de la gestion de l’innovation et de la propriété intellectuelle (PI), a annoncé aujourd’hui que Bausch Health Companies Inc. avait choisi AQX, la plateforme d’Anaqua afin d’améliorer la gestion de sa PI pour ses opérations à l’international.

Bausch Health utilisera AQX comme principal système de gestion PI, aussi bien pour la gestion des brevets que des marques, pour leur ancien fournisseur de services PI. Bausch Health profitera de la large gamme d’Anaqua, y compris AcclaimIP pour l’analyse de brevets, Anaqua Services pour les annuités de brevets et les renouvellements de marques, ainsi que les modules AQX pour la gestion des contrats PI et la gestion financière.

Bob Romeo, PDG d’Anaqua a déclaré : “Bausch Health est une entreprise pharmaceutique innovante qui s’engage à aider les gens dans le monde entier. Nous sommes fiers de travailler avec eux afin de mieux les aider à protéger leurs actifs PI grâce aux solutions d’innovation et de gestion PI d’Anaqua.”

À propos d’Anaqua
Anaqua, Inc. leader dans le domaine de la gestion de l’innovation et de la propriété intellectuelle. La plateforme AQX d’Anaqua combine les meilleures pratiques de flux de travail avec des analyses de données et des services technologiques pour créer un environnement intelligent conçu pour informer la stratégie PI, permettre la prise de décision PI et rationaliser les opérations PI. Aujourd’hui, près de la moitié des 100 premiers déposants de brevets américains et des marques à travers le monde, ainsi qu’un nombre croissant de cabinets de conseil dans le monde utilisent les solutions Anaqua. Plus d’un million de cadres, d’avocats, d’assistants juridiques, d’administrateurs et d’innovateurs utilisent la plateforme pour leurs besoins de gestion PI. Le siège social de l’entreprise est basé à Boston, avec des bureaux aux Etats-Unis, en Europe et en Asie. Pour de plus amples informations, veuillez consulter le site anaqua.com, ou LinkedIn.

Contact de la société :
Amanda Hollis
Directeur associé, Communications
Anaqua
617-375-2626
[email protected]