TORONTO, Aug. 31, 2020 /CNW/ – Epic Investment Services (Epic) is pleased to announce the appointment of Kevin Sullivan to its board of directors effective August 25, 2020. Kevin Sullivan is the board’s first independent director and his appointment expands the board to five members.
“We are very fortunate to have Kevin join our board of directors,” said Jeff Kohn, Chair and Co-CEO of Epic Investment Services. “His 25 years’ of experience in investment management and established relationships in the capital market industry will be a great complement to our board’s skills and experience as we execute our growth strategy and create value for our clients”.
Kevin is currently the president of KMS Capital Ltd., a Toronto-based advisory firm. Previously, Kevin was at GMP Capital since its inception, serving as president and as CEO. As CEO of GMP, he oversaw the creation and growth of GMP Securities and Richardson GMP, a leading Canadian independent investment dealer and wealth management firm, respectively. He also helped facilitate GMP’s IPO and oversaw its growth from a market capitalization of $300 million to over $1 billion within a seven-year period. Prior to GMP, he spent three years in the European capital market and was also a lawyer in general practice in Calgary, AB.
“Epic is an excellent company that has significant opportunities ahead of it and I am excited to join a board that has incredible experience within the real estate industry,” said Kevin Sullivan. “I am confident that Epic’s senior management team, together with the board, will be able to create more investment opportunities for private and institutional investors while achieving exceptional performance.”
Kevin is actively involved with several charities and community organizations. He is a past member of The Princess Margaret Hospital Foundation, and he is currently a member of the board of directors of TMX Inc., Waterfront Toronto and Western University.
About Epic Investment Services
Epic Investment Services which includes its wholly owned subsidiary MDC Realty Advisors in the United States, is a fully integrated North American real estate platform. Headquartered in Toronto, Canada, and operating from offices in Canada and the United States, Epic has over $17.5 billion in assets under management. Epic’s portfolio comprises over 30 million square feet of office, retail, industrial and multi- family residential properties.
Source:- Canada NewsWire
Event Store Secures Series A Investment English English – PRNewswire
BATH, England, Sept. 29, 2020 /PRNewswire/ — Event Store today announces it has secured Series A financing from strategic investor Qualasept Holdings (‘QH’).
Event Store is the company behind EventStoreDB, the popular open source event stream database. EventStoreDB was open sourced in 2012 and has relatively quietly built a strong commercial business. In late 2018, Event Store Limited was formed and an expanded leadership, engineering, and support team were introduced. The Series A investment represents Event Store’s next stage of growth towards EventStoreDB’s adoption in the broader database market.
EventStoreDB is an operational “source of record” database technology. It has similarities to event-oriented integration technologies, such as Apache Kafka, from a stream and API perspective. However, it was built for database workloads from the start. Dave Remy, Event Store CEO, explains, “Most mainstream database technologies, whether relational, graph, or document-oriented, keep the latest state of the data, throwing away the old data when it changes. In contrast, EventStoreDB, the leader in the emerging class of databases, called Event Stores, is specifically designed to keep the changes along with the business context of those changes, in the form of events. Current state can then be derived from replaying the event stream. This pattern enables a myriad of benefits, including powerful audit, debugging, caching, occasionally connected scenarios, and much more.”
Event Stores are foundational to the increasingly popular Event Sourcing design pattern.
EventStoreDB is applicable across industries and is particularly valuable for those with challenging audit requirements, such as financial services and healthcare. Innovative companies like Walmart, Xero, Insureon, Linedata, Made.com, UK National Health Service, Swiss Air Traffic Control and many more use EventStoreDB in mission-critical production environments.
Building on its momentum, the company is launching Event Store Cloud, a multi-cloud database as a service (DBaaS). The subscription service, currently in Preview, will provide cloud convenience and make EventStoreDB more accessible to developers and companies of all sizes.
“As applications increasingly move toward event-driven architectures, foundational platforms like EventStoreDB will be a critical first source of truth in capturing and enabling analysis of event data. This technology will generate meaningful and measurable value across multiple industries,” said Ben Kolada, Director, Head of DataTech at ICON Corporate Finance.
“From the time Greg Young and his team released EventStoreDB in 2012, it has been the go-to database for CQRS and Event Sourcing projects. This Series A investment represents a new stage for Event Store and EventStoreDB. We will accelerate the development of Event Store Cloud, improve the developer experience, increase scalability, and build new products and services to help developers build systems within an event-driven architecture,” Dave Remy said.
Tech investment bank ICON Corporate Finance advised Event Store on the transaction and corporate structuring, while QH was advised by BDO, Roxburgh Milkins Limited, and Alantra.
Email: [email protected]
SOURCE Event Store Limited
View Marketing as an Investment—Not an Expense – Advanced Manufacturing
Trends and Ideas in Strategic Marketing
Peter Drucker, known as the father of modern management, was quoted in a 2006 article in Forbes as saying, “Because the purpose of business is to create a customer, the business enterprise has two—and only two—basic functions: marketing and innovation. Marketing and innovation produce results; all the rest are costs.” Although today’s business owners are often inclined to see marketing as an expense, Drucker’s view is more accurate. Marketing is a needed investment. Marketing drives results by finding new customers.
Time to Build a Moat
When organizations treat marketing as a cost, they often focus on short-term sales and ignore the long term. However, if you want your company to continue growing, your goal should be to build as much of a moat around your business as you can. This is achieved by expanding your investment of marketing dollars into your company’s owned assets. Such investments may include; updating your message and website every year, producing customer video testimonials for use as sales tools, developing a series of educational webinars, and developing content that can be used both for thought leadership and for search engine optimization (SEO). Although these efforts may not produce short-term returns, they will aid in strengthening your manufacturing business over time.
The problem is that if you only look for marketing initiatives that guarantee an immediate ROI—consistent with a view of marketing as an expense—you will never plant any of these long-term marketing seeds needed to build the moat that is necessary to create a sustainable competitive advantage.
Examining my own life as a business owner, I have “walked the walk” while growing TribalVision. The reason TribalVision has achieved success is that, from day one, I’ve understood the importance of marketing to unlock dramatic growth. Before even opening the doors for business, and with little money to spare, I wrote a book, spent months crafting TribalVision’s message, built a website that made TribalVision look like an established company, developed an animated video to explain the “why” behind TribalVision, wrote multiple white papers, developed numerous marketing presentations, and crafted a 30-page marketing plan to identify and capture new business.
If I had viewed marketing as an expense rather than an investment, I never would have done any of these activities. I simply would have started TribalVision with a business card, an average 10-page website and not much else, which is what most startups with little money do. Looking back 10 years later, although I cannot attribute a specific ROI to each of those assets, I know those investments as a whole provided a much larger payoff than I would have earned by focusing only on short-term ROI initiatives.
Take a Leap of Faith
If we are to build something great, we must take a leap of faith—a calculated leap of faith but a leap of faith nonetheless.
If Howard Schultz, Steve Jobs, Richard Branson, or Elon Musk invested only in efforts backed by guaranteed results, they never would have built their empires.
Bank-backed growth fund makes first Quebec investment in bus booking website – Financial Post
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“We’re really, really confident that we will be able to weather the storm,” Maurice said.
The Series C for Busbud also comes as the coronavirus pandemic continues to put financial pressure on firms and make for an uncertain global investing environment. That environment is making it harder than normal for small and medium-sized companies to grow into bigger firms, which was a pre-existing issue in Canada.
The CBGF was launched in 2018, following work done by the federal government’s Advisory Council on Economic Growth, which found many Canadian companies weren’t growing after they reached a certain point. And Rossolatos says that, at the moment, some investors have had to focus on their existing portfolio or hold off on additional deals.
“However, the growth capital gap in Canada has become much larger as a result of the pandemic,” he said. “At CBGF, we have chosen to ‘lean in’ to support entrepreneurs where we could.”
The Toronto-based CBGF, which is backed by 13 of Canada’s biggest financial institutions, started out with capital commitments of $545 million from shareholders such as Royal Bank of Canada and Manulife Financial Corp. The fund typically shoots for investments of between $3 million to $20 million in established Canadian companies, taking minority ownership stakes in them in return.
CBGF has now invested $137.8 million in 15 companies, including seven investments made during the pandemic, Rossolatos said.
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