Viasat and American Express announced partnership to support US Small businesses during COVID-19

Cision PR Newswire | August 10, 2020

Viasat Inc. (NASDAQ: VSAT), a global communications company, announced today it is proud to partner with American Express and a growing group of companies on the Stand For Small program, an initiative to provide meaningful support to millions of small businesses during the COVID-19 pandemic. The Stand for Small initiative provides support and access to business-critical services, offers, tools and expertise, among other benefits through a centralized, digital platform. These resources aim to help small businesses during the COVID-19 crisis and their recovery efforts, by helping business owners reduce operating expenses, manage teams remotely, enhance digital capabilities and address other needs.

Spotlight

What do the colors in your company’s branding tell customers? Today’s infographic, by the Masters in Psychology Guide, is on the psychology of color in business. It analyzes the colors used by major tech startups as well as by prominent consumer brands in their advertising. Out of the largest 50 unicorns, tech startups that have achieved valuations of $1 billion or more, the most common primary branding color was black or grey. A total of 38% of companies, including stalwarts like Uber, Vice, and WeWork, rely on these hues for their outward appearance.


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INDUSTRY OUTLOOK

TTG Imaging Solutions Announces Acquisition by Sentinel Capital Partners

Sentinel Capital Partners | December 28, 2021

TTG Imaging Solutions, LLC (TTG) announced today a partnership with Sentinel Capital Partners, a private equity firm that invests in promising midmarket companies. The partnership between Sentinel and TTG's management team will drive the company's next phase of growth. Sentinel invests in management buyouts, acquisitions of family businesses, corporate divestitures, industry consolidations, and going-private transactions in the United States and Canada. TTG was founded by Jack Tomayko in 2004, and has been highly acquisitive in recent years, completing nine transactions across each of its business units since March 2019. "TTG has achieved significant organic and acquisition growth over the past several years. Our differentiated level of service across all business units, coupled with a customer-centric philosophy, attracts acquisition targets and customers alike." Matt Mastarone, President and CEO of TTG Mastarone continued, "It was our goal to find a partner who shared our vision of TTG within the broader medical imaging industry. We aim to provide the highest quality equipment and service and to deliver value to our customers through turnkey staffing and radiopharmaceutical solutions in our end-to-end model. Sentinel is the right partner to help us grow while maintaining our focus on this goal." "Since its founding, TTG has built a reputation of providing best-in-class services that allow physicians, imaging centers, and hospitals to offer top-quality patient care," said Paul Murphy, a Sentinel Partner. "The TTG team has developed an impressive growth playbook and we are thrilled to provide them the capital and support to significantly expand the business. We look forward to working with TTG's talented team as they enter their next chapter of growth." The TTG end-to-end Solution is comprised of: TTG Imaging Solutions – new and refurbished equipment sales, clinical applications support, parts, and nationwide service that help the marketplace extend the useful life of its valuable medical imaging equipment Cardiac Imaging Solutions – turnkey nuclear, echo, and vascular testing programs that offer physician practices and health systems the flexibility and efficiency of an outsourced model TTG Isotopes – radiopharmaceuticals that include cardiac imaging agents, custom-compounded iodine therapy, and a complete line of products used in general imaging. TTG was honored in 2021 by the Pittsburgh Business Times as the fastest growing organization in the region for the $25-$100 million revenue category. About TTG Imaging Solutions, LLC (TTG) TTG Imaging Solutions provides a breadth of product and service offerings with its End-to-End Solution. Through organic growth, key partnerships, and targeted acquisitions, TTG delivers solutions to a broad continuum of healthcare providers within the United States. ISO 9001:2015 and ISO 13485:2016 certified in sales, repair, refurbishment, installation, parts, and servicing of medical imaging devices. About Sentinel Capital Partners Sentinel specializes in buying and building midmarket businesses in the United States and Canada in partnership with management. Sentinel targets aerospace and defense, business services, consumer, distribution, food and restaurants, franchising, healthcare, and industrial businesses. Sentinel invests in management buyouts, recapitalizations, corporate divestitures, going-private transactions, and structured equity investments of established businesses with EBITDA of up to $80 million. Sentinel also invests in special situations, including balance sheet restructurings, operational turnarounds, and minority junior capital solutions.

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BUSINESS STRATEGY

Weave & Vetter Launch Integration to Serve Communications Solutions to American Veterinarians

Weave | January 21, 2022

Weave, the all-in-one customer communication platform for small business, and Vetter, the leading animal healthcare software technology company, announce their integration in an attempt to provide veterinarians and their front office staff with a comprehensive business solution designed to free up time spent on traditional business tasks. With this integration, Weave will automatically sync with Vetter’s data, eliminating the need for manual data uploads. Because of this automated sync, Vetter users will be able to see real-time updates to their daily calendars and patient contact information. This sync between Weave and Vetter also enables automated birthday messages, automated recall texts, confirmation writebacks, review auto-texts, and tracks patient text preferences, so offices only send messages to those who have given them permission to do so. “We couldn’t be more excited about this integration with Vetter and how it will help us achieve our mission to enable small businesses everywhere to unify, modernize and personalize every customer interaction. This integration will help veterinary practices around the world utilize our unique business solutions so they can spend more time caring for and connecting with patients and less time on the tedious tasks of running a business.” Roy Banks, CEO of Weave Vetter, the leading animal healthcare technology company, is trusted by more than 1,500 veterinarians. "We're thrilled to partner with Weave to help veterinary practices build strong, lasting relationships with their clients by bridging our practice management solution with Weave's communication solutions," said Sagi Solomon, General Manager and Founder of Vetter. "Vetter and Weave share a passion for developing innovative solutions that streamline the day-to-day operations of veterinary practices so they can spend more time caring for their patients and clients." Integration Features & Benefits Data Sync – Keep all your client contact and appointment info current with regular, automatic updates from your database to Weave. Reviews Auto-Texting – Grow your practice by sending a quick text after each appointment that invites customers to leave a Google or Facebook review. Confirmation Writebacks- Update your practice management system with how pet owners respond to appointment confirmation texts, so your schedule is always up to date. Customized Messaging – Create and send messages unique to each veterinarian, appointment type, and appointment status. Birthday Greetings – Delight your customers each year on their pet’s special day by sending them personalized Birthday Greetings automatically. Text Preferences – Track which pet owners prefer text communications, only sending messages to those who have opted in. Mobile Calendar – Know who your next patient is by quickly referencing your schedule on Weave’s mobile app. About Weave Weave is the all-in-one customer communication and engagement platform for small business. From the first phone call to the final invoice and every touchpoint in between, Weave connects the entire customer journey. Weave’s software solutions transform how local businesses attract, communicate with and engage customers to grow their business. The first Utah company to join Y Combinator, Weave has set the bar for Utah startup achievement & work culture. In the past year, Weave has been included in the Forbes Cloud 100, Inc. 5000 fastest-growing companies in America, and Glassdoor Best Places to Work. About Vetter Vetter Software, a DaySmart Company, offers better business tools for the world’s veterinarians. Our cloud practice management software is used by more than 1,500 practices to automate manual tasks, streamline workflows, and improve visibility into the health of their businesses.

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SMALL BUSINESS TRENDS

Sustainable Earth Launches the Small Business Sustainability Awards

Sustainable Earth | April 23, 2022

Sustainable Earth, a collaboration between Arizona State University (ASU) and Wells Fargo, has announced the launch of the Sustainable Earth Small Business Awards (SESBA) to celebrate the innovative solutions small businesses throughout the US are developing to support their communities and the planet. The program will award more than $50,000 in prize money, with individual award amounts up to $5,000, to 15 US small businesses making strides toward a more sustainable future. The award program, which is seeking nominations now through July 1, 2022, is open to any US-based small business and its employees who demonstrate innovation in sustainability. This can include, but is not limited to, the use of renewable energy, water conservation, waste reduction, creating closed-loop systems, increasing equity and accessibility, etc. Solutions may be in development or currently in practice. “The collective efforts and innovative solutions by small businesses and individuals within those organizations are making a profound impact on the future of our earth and communities. Our goal with the Sustainable Earth Small Business Awards is to celebrate those taking action in big and small ways and share their stories so that it may trigger ideas for other businesses and leaders.” Sustainable Earth Program Manager Katelyn Armbruster, M.Ed. Businesses with fewer than 500 employees are invited to share their sustainability stories via video or podcast. Nominations must include a description of the challenge, what solutions were tested and implemented, and what worked, what didn’t, and the outcomes. “Small businesses have long been the backbone of our economy and they have become integral to moving the needle on sustainability,” said Alicia Marseille, Interim Deputy Director, Rob and Melani Walton Sustainability Solutions Service. “This award program honors their hard work and dedication, and perhaps more importantly, will also serve as inspiration for other small businesses wanting to implement sustainability, but may not know where or how to start.” About Sustainable Earth Sustainable Earth, powered by ASU, is a sustainability-, knowledge- and idea-sharing website created to empower individuals, businesses and educators to contribute to a more sustainable tomorrow. The platform provides sustainability information, news and education presented in an approachable format, and includes sustainable-focused micro-courses, educational tools and learning activities, and new research coming out of ASU and other institutions. Sustainable Earth is a collaborative effort, funded by Wells Fargo and developed by Arizona State University (ASU). For more information, visit sustainable-earth.org. About Wells Fargo Wells Fargo & Company is a leading financial services company that has approximately $1.9 trillion in assets, proudly serves one in three U.S. households and more than 10% of small businesses in the U.S., and is the leading middle market banking provider in the U.S.

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MANAGEMENT

Insurtech Pendella Adds PEO AdvanStaff HR As Partner

Pendella Technologies | May 27, 2022

Pendella Technologies, a fast-growing technology company on a mission to take the bias out of life insurance, announced a partnership with AdvanStaff HR, a professional employer organization (PEO) currently serving 400 small and medium-sized businesses. Through Pendella's AI-powered, white-labeled technology, AdvanStaff HR clients will be able to expand their employee offerings to include individual life insurance. Employees of AdvanStaff HR clients can now choose from a variety of affordable individual life and disability insurance options available from top-rated national insurance providers. Employees can purchase coverage online in minutes, without the need for a medical exam. “AdvanStaff HR has helped companies run their businesses efficiently and successfully for nearly 30 years. We are experts in combining personal service and technology to support our clients, their employees, and the business’ bottom line, By partnering with Pendella, we are furthering our commitment to providing the best products and tools available.” -Matt Richards, President and COO. According to 2021 data from financial research firm LIMRA, more than 8 in 10 workers in the U.S. would like their employer to offer life insurance coverage. “We are excited to partner with AdvanStaff HR and bring the important financial protection that life insurance offers to the thousands of employees they support, Our revolutionary technology not only simplifies the life insurance process, but it creates a huge opportunity for PEO’s to enhance their value to clients.”Pendella is an Associate Member of NAPEO and has partnered with other SMB-focused PEOs over the past 12 months as part of its mission to close the life insurance protection gap. -Bob Gaydos, Pendella CEO and founder The startup recently completed a $5.2 million in Series Seed-2 funding with backing from prominent insurtech venture capital firms American Family Ventures and MassMutual Ventures. The funding round positions to Pendella continue its disruption of the life insurance market and support its planned growth. To learn more about what Pendella's innovative technology can do for your organization, schedule a demo. About Pendella Pendella is a technology company that exists to make the financial protection of individual life and disability insurance available to all people, regardless of age, health status, or income level. Pendella's full-stack, enterprise SaaS solution is powered by artificial intelligence and big data to automate underwriting and deliver a simple and intuitive experience to thousands of people through partnerships with top-rated insurance carriers and distributors. White-label customization enables a seamless end-to-end experience. www.Pendella.com, Linkedin.com/company/Pendella

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Spotlight

What do the colors in your company’s branding tell customers? Today’s infographic, by the Masters in Psychology Guide, is on the psychology of color in business. It analyzes the colors used by major tech startups as well as by prominent consumer brands in their advertising. Out of the largest 50 unicorns, tech startups that have achieved valuations of $1 billion or more, the most common primary branding color was black or grey. A total of 38% of companies, including stalwarts like Uber, Vice, and WeWork, rely on these hues for their outward appearance.

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