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Wix Purchases Rise.ai


Wix Purchases Rise.ai
 
Wix, a global SaaS platform to create, manage and grow an online presence, today has acquired 
Rise.ai, the gift card and customer re-engagement solution for online brands. The acquisition will extend the Wix eCommerce platform, providing a full solution for merchants to manage customer re-engagement activities aimed at increasing customer spending and repurchases, including gift cards, loyalty programs, rewards and referrals.
“We are excited to expand our offering and services as part of the Wix eCommerce strategy,” said 
Arik Perez, Head of Wix eCommerce. “By providing merchants with more native tools, we can help them grow long-term customer value and revenues to build their businesses and keep optimizing and increasing profitability. Rise.ai is considered to be the best solution of its kind in the market, and the integration will enable merchants to easily manage and maintain customer engagement tools, ultimately leading to ....

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American Industrial Partners ends long Cabinetworks hold through sale to Platinum Equity


Kitchen and bath cabinet specialist Cabinetworks produces products under brands including KraftMaid, Medallion, Smart, Echelon, Master WoodCraft and Cabinets 2000.
Platinum Equity has previously invested in building products businesses including Interior Logic Group, the largest US provider of interior design and finish solutions for the homebuilding industry, and PrimeSource, a national distributor of specialty building materials including fasteners serving the new-construction and remodeling markets.
Platinum partner Jacob Kotzubei said, “Cabinetworks has a comprehensive portfolio of highly-respected, fast-growing brands, a strong leadership team and a proven track record for growth.
“The company’s leading position in the cabinets space, combined with Platinum Equity’s operational toolkit and M&A resources, make Cabinetworks a great fit for our portfolio.” ....

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Platinum Equity Acquires Healthcare Products Distributor NDC From Court Square Capital Partners


Platinum Equity Acquires Healthcare Products Distributor NDC From Court Square Capital Partners
Investment will leverage firm s extensive experience in supply chain and distribution
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LOS ANGELES, March 8, 2021 /PRNewswire/  Platinum Equity announced today the acquisition of NDC, a healthcare supply chain company and distributor of consumable healthcare supplies, from an affiliate of Court Square Capital Partners.
Headquartered in Nashville, Tenn., NDC is one of the largest master distributors in healthcare and serves as an essential intermediary between medical supply manufacturers and a highly-fragmented base of regional and specialty distributor customers.
NDC has built an impressive national distribution platform with substantial opportunity for growth, said Platinum Equity Managing Director Jason Price. The company has strong leadership, a service-oriented culture and a unique value propos ....

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NSM names new CFO | Nashville Post


Allan Villegas
Wheelchair and other rehabilitation equipment company National Seating & Mobility has hired a former parking and laundry facilities executive to be its new CFO.
Allan Villegas has joined Franklin-based NSM after working for nearly two years as CFO of Impark, which manages more than 3,500 parking locations around North America. Before that, he spent nearly nine years Wash Multifamily Laundry Systems and about three years at Mobile Storage Group, also as CFO. In all, he has more than 20 years of experience working at companies owned by private equity firms.
“Allan’s extensive financial background combined with his deep acquisition and integration experience to drive growth opportunities for industry-leading companies in a variety of sectors will be an asset to NSM,” said Bill Mixon, NSM’s CEO. “We are pleased to have him aboard.” ....

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