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Darnold greeted by Vikings 'mayhem' after key winNEW YORK , Nov. 22, 2024 /PRNewswire/ -- GenNx360 Capital Partners ("GenNx360"), a New York -based private equity firm, is pleased to announce the final sale of its portfolio company, ITsavvy LLC ("ITsavvy" or "the Company"), a provider of end-to-end IT infrastructure solutions, to Xerox Holdings Corporation ("Xerox") for $400 million . This transaction marks a significant milestone for GenNx360, as its first investment in the technology services sector. ITsavvy is an Oak Brook, Illinois -based technology solutions and services provider that delivers frictionless IT experiences by designing, developing and delivering technology infrastructure solutions and services that accelerate business outcomes on behalf of its clients. During GenNx360's investment, the Company experienced impressive organic growth, completed an acquisition of a highly strategic AIOps-enabled managed services provider ("MSP") and significantly increased overall profitability through several well-executed margin enhancement initiatives. A committed focus to the Company's services strategy further fueled organic growth and strengthened the Company's overall value proposition. Through the support of GenNx360, the Company also successfully launched an AI and Intelligent Automation strategy. This strategy included commercializing an AI offering to better serve the Company's clients, as well as optimizing the Company's internal operations. "The completion of this transaction marks a significant milestone for ITsavvy and for GenNx360. Over the past two years, ITsavvy has undergone exceptional growth and transformation under the leadership of Munu Gandhi and his team. Their dedication and collaboration with our firm have been critical to the company's success. We are proud of ITsavvy's achievements and confident it will continue to thrive as part of Xerox," said Ron Blaylock , GenNx360 Founder and Managing Partner, and Chairman of the ITsavvy Board of Directors. "We appreciate GenNx360's support and strategic insights over the past two years. They have been an outstanding partner to work with to enhance and evolve our platform," said ITsavvy CEO, Munu Gandhi. "We are excited to join forces with a longstanding company in Xerox, one of the great global brands, and we look forward to supporting their next stage of growth." "As part of our Reinvention, we have created a greater organizational focus on our emerging IT Services capabilities," said John Bruno , President and Chief Operating Officer at Xerox. "ITsavvy's complementary offerings, combined with our reputation, position us to accelerate growth across key markets and unlock new opportunities to help clients transform the way they work." "It has been a privilege to work with Munu and the ITsavvy team over the past two years. We are incredibly proud of the Company's growth and look forward to following their success in the future," said Peter White , Principal at GenNx360 and ITsavvy Board Member. This transaction underscores GenNx360's focus on driving operational excellence and delivering strong outcomes for our investors. Loeb & Loeb and Greenberg Traurig served as legal advisors to ITsavvy and GenNx360. About ITsavvy LLC ITsavvy is an industry-leading IT infrastructure solutions provider with comprehensive value added resell capabilities. Founded in 2004 in suburban Chicago , ITsavvy provides frictionless client experiences through the deployment of holistic solutions that deliver client business outcomes. For more information on ITsavvy, please visit www.itsavvy.com . About GenNx360 Capital Partners GenNx360 Capital Partners is a private equity firm focused on acquiring middle market business services and industrial companies. GenNx360 partners with companies having proven and sustainable business models in expanding industries with the objective of implementing and supporting value-enhancing organic and inorganic initiatives to accelerate growth, deliver cost efficiencies, and generate strong financial returns. GenNx360 was founded in 2006 and is headquartered in New York City . For more information on GenNx360, please visit www.gennx360.com . For media inquiries about this press release, please contact: Alicia Francis , Head of Investor Communications investorrelations@gennx360.com Phone: 929.287.6107 View original content to download multimedia: https://www.prnewswire.com/news-releases/gennx360-capital-partners-finalizes-the-sale-of-itsavvy-to-xerox-holdings-corporation-302314576.html SOURCE GenNx360 Capital PartnersSouth Korea, with its dynamic economy and rich cultural heritage, stands out as a strategic destination for JD Airline. As one of the leading technology hubs in Asia, South Korea offers a wealth of business and leisure opportunities for travelers. By offering convenient and reliable air connections to cities like Seoul and Busan, JD Airline seeks to facilitate seamless travel experiences for passengers while strengthening economic ties between China and South Korea.
Meanwhile, the public reaction to the news has been mixed, with some expressing shock and disbelief at the audacity of the alleged spies within the CIC, while others have voiced concerns about the potential impact on national security. Calls for greater transparency and accountability within the country's intelligence agencies have also grown louder in the wake of the scandal.STORY: Syrian rebels advanced towards the capital city of Damascus on Saturday as front lines collapsed across the country... ...posing an existential threat to President Bashar al-Assad's 24-year rule. In a video posted on social media, protesters could be seen tearing down a statue of Assad's father in the suburbs of Damascus, while shouting "Down with Bashar al-Assad, Syria lives on." Meanwhile, Syrian rebels battled government forces for control of the key city of Homs. Since the rebels' sweep into Aleppo a week ago, government defenses have crumbled at a dizzying speed... ...putting the Assad dynasty's five-decade reign over Syria in danger, and the continued influence there of its main regional backer Iran. “...certainly there is an existential threat against the regime.” Qutaiba Idlbi is the resident senior fellow on Syria at the Atlantic Council “The regime finds itself isolated, especially because on one hand, Russia is bogged down in Ukraine. // But I think also more importantly, on the other hand, Iran is incapable of really responding effectively to protect and defend the regime.” The U.S. and other Western officials said the lightning rebel advance suggests Assad's government could fall within the week. The pace of events has stunned Arab capitals and raised fears of a new wave of regional instability. According to the state news agency, Assad remains in Damascus and the military said it was reinforcing around the capital and south. The foreign ministers of Russia, Iran and the main rebels' backer Turkey said they met in Doha on Saturday and agreed on the importance of Syria's territorial integrity and on restarting a political process. They said in a joint statement along with five Arab countries, that a political solution was needed to stop military operations and protect civilians in Syria. But there was no indication they agreed on any concrete steps, with the situation inside Syria changing by the hour.NoneCARSON, Calif. — The LA Galaxy finished 26th in the 29-team Major League Soccer standings just one season ago, and their biggest supporters boycotted certain matches to protest a decade of poor performance. The most successful club in league history seemed light years away from its luminous prime. When the Galaxy raised the MLS Cup again Saturday amid confetti and fireworks, their spectacular transformation was complete. In only one year, a team that was profoundly lost had rediscovered its peerless championship pedigree. "We won this trophy, and it's finally back where it belongs," striker Dejan Joveljic said. Joseph Paintsil and Joveljic scored in the first half, and the Galaxy won their record sixth MLS Cup championship with a 2-1 victory over the New York Red Bulls. After striking twice in the first 13 minutes of the final, the Galaxy nursed their lead through a scoreless second half to raise their league's biggest trophy for the first time since 2014. People are also reading... MLS' most successful franchise struggled through most of the ensuing years, but everything changed after LA spent smartly in the offseason to build a high-scoring new lineup topped by Paintsil, Joveljic and Gabriel Pec. The Galaxy finished second in the Western Conference and streaked through the postseason with an MLS playoff-record 18 goals in five games to win another crown. "I'm just so proud of this group after the challenges that we (had) and the way they bounced back and competed as a group," Galaxy coach Greg Vanney said. "We spent a lot of energy at the start, but I'm just so proud of these guys. They've cemented themselves as legends in this club." The Galaxy even won this title without perhaps their most important player. Riqui Puig, the playmaking midfielder from Barcelona who ran their offense impressively all season long, tore a ligament in his knee last week in the conference final. Puig watched this game in a suit, but the Catalan catalyst's teammates hadn't forgotten him: After his replacement, Gastón Brugman, set up LA's opening goal with a superb pass in the ninth minute, Paintsil held up Puig's jersey to their roaring fans during the celebration. "I was really waiting for this moment," said Paintsil, who scored his 14th goal of an impressive season. "I'm much more, 10 times faster than them, and Gaston saw the space. ... It was really a good thing. We did it for Riqui, and we did it for our family that came, and our supporters." Just four minutes later, Joveljic sprinted past four New York defenders and chipped home his 21st goal. Brugman was named the MLS Cup MVP after a commanding performance in midfield. The Uruguayan hadn't started a match for the Galaxy since Oct. 5 after an injury-slowed season, playing only as a postseason substitute before the final. "I dreamed of that yesterday, of something I could give to the team," Brugman said of his pass to Paintsil. "Today, it happened." Sean Nealis scored for the seventh-seeded Red Bulls, whose improbable postseason charge ended one win shy of their first Cup championship. With the league's youngest roster, New York fell just short of becoming the lowest-seeded team to win the tournament under first-year German coach Sandro Schwarz. "I love these guys," Schwarz said. "Some guys, they are crying. In the big picture, that's a start. Sometimes when you lose the final, it's tough, but you use this experience to create the next energy, the next intensity." Galaxy goalkeeper John McCarthy made four saves to win his second MLS title in three seasons, but Nealis beat the 2022 MLS Cup MVP in the 28th minute when he volleyed from the penalty area. The second half was lively: Red Bulls captain Emil Forsberg hit the outside of the post in the 72nd minute, while Pec and Galaxy substitute Marco Reus nearly converted chances a few moments later. The ball got loose in the Galaxy's penalty area in the third minute of extra time, but two Red Bulls couldn't finish. After Galaxy owner Phil Anschutz received the MLS Cup that bears his name because of his steady financial support of the league during its shaky years, Galaxy captain Maya Yoshida carried the trophy to his teammates for the celebration. The Galaxy extended their lead over DC United (4) for the most MLS Cup championships in league history. The Red Bulls remain one of three original MLS franchises never to win the title, along with FC Dallas and the New England Revolution. The Galaxy finished 17-0-3 this season at their frequently renamed suburban stadium, where the sellout crowd of 26,812 for the final included several robust cheering sections of Red Bulls supporters hoping to see their New Jersey-based club's breakthrough. But this season was about the Galaxy's rebirth. The club famous for employing global stars from David Beckham and Zlatan Ibrahimovic to Robbie Keane and Javier "Chicharito" Hernández swiftly turned itself into a contender again by acquiring young talents without international fame. The Galaxy signed Pec from Brazil and grabbed Paintsil, a Ghanaian playing in Belgium. The duo combined with Joveljic to form a potent attack with orchestration from Puig, one of MLS' best players. "Losing a guy like Riqui after the performance he put in all season was devastating," McCarthy said. "Even if he wasn't on the field, we did it for him." Be the first to know Get local news delivered to your inbox!
This news quickly caught the attention of the public, with many netizens applauding the government's efforts to support education and help children in need. The purported program was hailed as a significant step towards creating equal educational opportunities for all students in Tianjin.
It’s that odd time of year between Christmas and New Year’s where it is easy to lose track of what day it is, what year it is, if you have to work tomorrow and other basics that are so cut and dried the other 51 weeks of the year. Maybe that explains the Minnesota Wild seemingly losing track of where they were and what they were doing for some critical minutes on Sunday, as things slipped away in a 3-1 loss to the Ottawa Senators. ADVERTISEMENT The Wild grabbed an early lead but could not add to it, as Josh Norris netted the game-winner for the Senators on a third-period power play, snapping a two-game Ottawa losing streak. Claude Giroux hit an empty-net goal in the final minute for the visitors. Freddie Gaudreau supplied the only offense for the Wild with a first-period goal. They got 33 saves from goalie Filip Gustavsson, but saw their two-game winning streak and all of the good feelings they had collected with last Friday’s come-from-behind win in Dallas disappear. The Wild’s struggling penalty kill had gone 3 for 3 versus the Stars, and killed a penalty midway through the third, only to see team captain Jared Spurgeon head to the box just seconds later. On their second consecutive man advantage, Norris popped a quick shot over Gustavsson’s left shoulder to give the visitors their first lead with 7:18 remaining in regulation. The Wild were being outshot and outplayed late in the first when Declan Chisholm caught a pass from Marcus Foligno and ripped a long-range shot that Gaudreau deflected into the upper right corner. It was just the seventh goal of the season for Gaudreau and his first since he had the only bright spot in a 7-1 home loss to Edmonton on Dec. 12. It was also the 50th goal of Gaudreau’s career. The Senators began the middle period with a strong push and forged a tie when Ridly Greig grabbed a puck that came hard off the end boards and slipped it past Gustavsson with less than two minutes gone in the second. Ottawa outshot the Wild 11-0 in the opening five minutes of the period. Ottawa goalie Leevi Merilainen, making just his third start of the season, finished with 30 saves in the game and got some assistance from the goalposts, as Matt Boldy’s deflected shot in the first period and power-play shots by Mats Zuccarello and Spurgeon all struck the iron. In the final seconds of the middle frame, another Boldy shot hit the crossbar. The Wild at least kept the home crowd engaged, moving the puck well on the power play, and via fisticuffs when fourth-liner Ben Jones and Senators winger Noah Gregor exchanged blows late in the second. ADVERTISEMENT Wild star forward Kirill Kaprizov missed his second consecutive game and third of the season with a lower-body injury. Team officials have listed him as day-to-day and are hopeful for his return soon. The Wild close out 2024 with a New Year’s Eve home game at 7 p.m. versus Nashville. ______________________________________________________ This story was written by one of our partner news agencies. Forum Communications Company uses content from agencies such as Reuters, Kaiser Health News, Tribune News Service and others to provide a wider range of news to our readers. Learn more about the news services FCC uses here .
In the fast-paced world of football, where fortunes can rise and fall in the blink of an eye, Liverpool's prudent decision to part ways with the fading veteran serves as a masterclass in strategic planning and foresight. While the player may now find himself in the midst of a career crisis, his decline only serves to highlight the shrewdness of Liverpool's management in maximizing value and maintaining competitiveness in a cutthroat industry.The bathhouses in this region are a far cry from the traditional public baths found in other parts of the world. They are lavish establishments that offer a wide range of services, from hot springs and saunas to massages and beauty treatments. The interiors are adorned with intricate decorations and elegant furnishings, creating a serene and enchanting atmosphere that transports visitors to a realm of indulgence and relaxation.
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