Sellers brings over 15 years of building products experience to LP

NASHVILLE, Tenn.–(BUSINESS WIRE)–LP Building Solutions (LP), a leading manufacturer of high-performance building products, today announced the appointment of Jeremy Sellers as Vice President of OSB Sales and Marketing.

“Jeremy’s exceptional sales leadership and strategic vision will be an invaluable asset to LP,” said LP Executive Vice President, General Manager of OSB Jimmy Mason. “I look forward to seeing his expertise drive our business forward and support our ambitious goals.”

In his new role, Sellers will lead the development, alignment and execution of all sales and marketing programs within LP’s OSB segment. This includes overseeing the innovative value-added OSB product portfolio known as LP® Structural Solutions, managing strategic partnerships, and steering comprehensive product marketing campaigns and sales strategies.

With over 15 years of experience in the building products industry, Sellers has a proven track record of success. He began his career at Wolf Home Products as a Product Specialist and advanced to Senior Vice President of Sales in 2022. Sellers holds a Bachelor of Science in Business Administration from Clarion University of Pennsylvania.

To learn more about LP, visit LPCorp.com.

About LP Building Solutions

As a leader in high-performance building solutions, Louisiana-Pacific Corporation (LP Building Solutions, NYSE: LPX) manufactures engineered wood products that meet the demands of builders, remodelers and homeowners worldwide. LP’s extensive portfolio of innovative and dependable products includes Siding Solutions (LP® SmartSide® Trim & Siding, LP® SmartSide® ExpertFinish® Trim & Siding, LP BuilderSeries® Lap Siding and LP® Outdoor Building Solutions®), LP® Structural Solutions (LP® TechShield® Radiant Barrier, LP WeatherLogic® Air & Water Barrier, LP Legacy® Premium Sub-Flooring, LP® FlameBlock® Fire-Rated Sheathing, LP NovaCore® Thermal Insulated Sheathing and LP® TopNotch® 350 Durable Sub-Flooring) and oriented strand board (OSB). In addition to product solutions, LP provides industry-leading customer service and warranties. Since its founding in 1972, LP has been Building a Better World™ by helping customers construct beautiful, durable homes while shareholders build lasting value. Headquartered in Nashville, Tennessee, LP operates 22 plants across the U.S., Canada, Chile and Brazil. For more information, visit LPCorp.com.

Contacts

(615) 986-5886

Media.Relations@lpcorp.com

LONDON–(BUSINESS WIRE)–Newlands Property Group Limited (NPGL) has successfully acquired Equites Property Fund’s (JSE:EQU) interests in the Equites Newlands Group Limited development platform. This phased acquisition encompasses the following key steps:

1. Acquisition of Special Purpose Vehicles: NPGL has acquired SPVs holding interests in logistics development projects located in Cambridge, Rushden, Junction 16 (Northampton), and Junction 24 (Nottingham).
2. Granting of an Option: NPGL has secured an option to acquire all shares in the SPV that holds an interest in a development project near Thrapston, Northamptonshire.
3. Additional SPV Acquisitions: NPGL will acquire SPVs with interests in projects near Egham, Peterborough, and Goldthorpe, contingent upon meeting specified conditions.

Meanwhile, the development projects near Newport Pagnell, Basingstoke, and Coton Park remain under the joint control of NPGL and Equites Property Fund.

NPGL, a joint venture formed in March 2024 by the management of Newlands Developments and Forum Partners, is a fully integrated platform that will drive the acquisition, development, operation, investment management, and property management of logistics and industrial projects across the UK, with a strategic focus on the Midlands and the South East of England. This partnership builds on Forum Partners’ previous investment in Roxhill Developments, Newlands’ predecessor platform.

Russell Platt, CEO of Forum Partners, commented: “We are thrilled to complete this phase of our investment in Newlands Property Group. This acquisition strengthens our relationship with the Newlands team, allowing them to secure strategic assets from their previous partner, Equites. The agreement also sets favorable terms for three projects where Newlands and Equites will remain co-investors. With one of the largest land banks of strategic logistics sites in the UK, Newlands is well-positioned to capitalize on current market dynamics.”

Graham Pardoe, CEO of Newlands Developments, added: “We are thrilled to have partnered with Forum once again to acquire these strategic land options and development sites. Our experienced team is on the verge of bringing key logistics sites to market. With our extensive land bank, we are well-positioned to meet growing demands and drive further significant investment into the logistics sector.”

About Forum Partners:

Forum Partners is a global investment manager focused on investing in real assets and best in class real estate companies. Since its establishment in 2002, Forum has deployed approximately $7.7 billion of capital across 24 countries and over 100 investments. Forum operates regional offices in North America, Europe, and Asia Pacific.

About Newlands Developments:

Newlands Developments is a leading developer and operator of industrial and logistics projects across the UK. Founded in 2018 by the former senior management team of Roxhill Developments, Newlands management has delivered over 37 million square feet of space for blue-chip clients such as DHL, Howdens, Nestlé, H&M, Amazon, and Evri. Their current pipeline includes 15 million square feet of prime logistics space across more than 10 UK projects.

Contacts

Nancie Wilson

Investor Relations

Forum Partners

Nancie.Wilson@forumpartners.com

AUSTIN, Texas, SAN FRANCISCO & ONTARIO–(BUSINESS WIRE)–Serent Capital, a growth-focused private equity firm investing in founder-led B2B SaaS and technology companies, announced today that its portfolio company, Book4Time, a leading provider of spa management SaaS software, has been acquired by Agilysys, a global leader in hospitality software solutions and services.

Book4Time’s innovative cloud-based platform has established itself as a premier solution for hotel and resort spas, enabling operators to manage appointments, staff, and inventory seamlessly while enhancing the guest experience and providing comprehensive corporate reporting. Founded in 2004, Book4Time has become the go-to choice for leading wellness hospitality organizations and is trusted by customers in over 100 countries. Serent Capital’s strategic growth investment in 2020 was instrumental in supporting Book4Time’s continued expansion and extending its global reach.

“Our partnership with Serent has been pivotal in enabling us to scale our operations and enhance our product offerings. Their strategic guidance allowed us to better serve our clients and solidify our leadership in the wellness hospitality industry. We are grateful for their collaboration and look forward to continuing our journey of innovation in the hospitality industry as a part of Agilysys,” said Roger Sholanki, CEO of Book4Time.

“From the beginning, we recognized Book4Time’s potential to revolutionize spa management technology. It has been rewarding to see them expand their global reach and deliver exceptional client experiences. We look forward to watching the continued growth and success of the merged business unit in the hospitality industry.” said Lance Fenton, Partner at Serent Capital.

Serent Capital has a robust track record in the hospitality market, having invested in over 15 hospitality tech companies in the last decade. To learn more about Serent’s partnership with hospitality companies, visit Serent Capital Hospitality and Travel.

About Serent Capital

Serent Capital is a growth-focused private equity firm investing in capital-efficient, B2B SaaS and technology companies. From its founding, Serent set out to build a distinctly different firm that prioritizes founders and their companies and provides true hands-on resources through its 25+ person Growth Team. Serent’s in-house Growth Team is equipped with a wide range of resources to help companies accelerate growth, including strategic and operational support to drive revenue generation, assistance in building a top-tier executive team, guidance for transformative M&A, and a community of 400+ founders and operating executives. With $5 billion of assets under management, the firm has partnered with over 60 founder-led, industry-changing companies and offers unparalleled hands-on operational support. Discover how Serent Capital is fueling the growth of innovative companies across a range of industries at www.serentcapital.com.

About Book4Time

Book4Time is the global leader in spa management software and ancillary revenue for the hospitality industry. As the leading enterprise SaaS technology in the hospitality wellness industry, Book4Time manages the end-to-end guest experience for international hotels, resorts, casinos, golf and private member clubs in more than 100 countries worldwide. Based in Ontario, Canada, Book4Time is the first cloud-based software for the wellness industry to provide a centralized multi-location platform. With 60+ hotel system integrations, Book4Time publishes new updates every 4-8 weeks, has the industry’s highest uptime at 99.99%, supports 15 languages and delivers LIVE 24/7 phone and email support through strategically located global customer support centers. Book4Time is Hotel Tech Customer Support certified. www.book4time.com

About Agilysys

Agilysys exclusively delivers state-of-the-art software solutions and services that help organizations achieve High Return Hospitality™ by maximizing Return on Experience (ROE) through interactions that make ‘personal’ profitable. Customers around the world use Agilysys Property Management Systems (PMS), Point-of-Sale (POS) solutions, Food & Beverage Inventory and Procurement (I&P) systems and accompanying hospitality ecosystem solutions to consistently delight guests, retain staff and grow margins. The Agilysys 100% hospitality customer base includes branded and independent hotels; multi-amenity resorts; casinos; property, hotel and resort management companies; cruise lines; corporate dining providers; higher education campus dining providers; food service management companies; hospitals; lifestyle communities; senior living facilities; stadiums; and theme parks. www.agilysys.com

Contacts

Sam Whitford

sam.whitford@serentcapital.com

TORONTO–(BUSINESS WIRE)–DREAM RESIDENTIAL REAL ESTATE INVESTMENT TRUST (TSX: DRR.U and TSX: DRR.UN) (“Dream Residential REIT” or the “REIT”) today announced its August 2024 monthly distribution in the amount of US$0.035 per unit (US$0.42 annualized). The August distribution will be payable on September 13, 2024 to unitholders of record as at August 30, 2024.

About Dream Residential REIT

Dream Residential REIT is an unincorporated, open-ended real estate investment trust established and governed by the laws of the Province of Ontario. The REIT owns a portfolio of garden-style multi-residential properties, primarily located in three markets across the Sunbelt and Midwest regions of the United States. For more information, please visit www.dreamresidentialreit.ca.

Contacts

For further information, please contact:

Dream Residential REIT

Brian Pauls
Chief Executive Officer

(416) 365-2365

bpauls@dream.ca

Derrick Lau
Chief Financial Officer

(416) 365-2364

dlau@dream.ca

Scott Schoeman
Chief Operating Officer

(303) 519-3020

sschoeman@dream.ca

TORONTO–(BUSINESS WIRE)–DREAM OFFICE REIT (TSX: D.UN) (“Dream Office” or the “Trust”) today announced its August 2024 monthly distribution of 8.333 cents ($1.00 annualized) per REIT Unit, Series A (“REIT A Units”). The August distribution will be payable on September 13, 2024 to unitholders of record as at August 30, 2024.

Dream Office REIT is an unincorporated, open-ended real estate investment trust. Dream Office REIT is a premier office landlord in downtown Toronto with over 3.5 million square feet owned and managed. We have carefully curated an investment portfolio of high-quality assets in irreplaceable locations in one of the finest office markets in the world. For more information, please visit our website at www.dreamofficereit.ca.

Contacts

For further information, please contact:

Michael J. Cooper

Chairman and Chief Executive Officer

(416) 365-5145

mcooper@dream.ca

Jay Jiang

Chief Financial Officer

(416) 365-6638

jjiang@dream.ca

• The strategic acquisition supports Infogrid’s vision to optimize building operating budgets while advancing the industry’s path to decarbonization.
• As commercial real estate moves beyond data monitoring and reporting to action and automation, Buildings IOT’s adaptive buildings technology makes it faster and easier for clients to realize energy, carbon, and cost savings.
• Infogrid will integrate Buildings IOT’s automated demand management, advanced fault detection, and grid interactivity offerings into its product suite, creating a one-of-a-kind solution for customers at scale across their portfolios.

WASHINGTON–(BUSINESS WIRE)–Infogrid, the building intelligence and analytics company leveraging AI and data to curb the impact of the global real estate sector on the planet, today announces its acquisition of Buildings IOT’s market-leading adaptive buildings technology. This strategic move will enhance Infogrid’s ability to deliver autonomous actions that optimize building efficiency and generate significant energy, carbon, and cost savings for clients at global scale, leading the industry in a transition from pure analytics to genuine building automation.

The commercial real estate landscape is rapidly evolving, driven by the need to meet stringent net zero targets, increased regulation, fluctuating electricity costs and grid conditions, and changing patterns in space usage as the world embraces hybrid working. Adding to these pressures are widespread workforce shortages in skilled building engineering staff, making the integration of automation and AI into building operations more critical than ever.

Infogrid and Buildings IOT have long shared a vision of transforming building operations through data and automation. The unique combination of their technologies will provide a significant advantage to real estate and facilities management organizations navigating current market dynamics. The addition of Buildings IOT’s automated demand management, advanced fault detection and diagnostics, and grid-interactive capabilities will strengthen Infogrid’s suite of energy analytics products, helping building owners and operators ensure their properties are operating at peak efficiency by proactively incorporating grid conditions and automating consumption- and demand-reducing measures. These innovations enable clients to see quicker time-to-value, maximize energy and carbon reductions while optimizing for costs and comfort, and mitigate operating expenses – all while doing more with less.

Infogrid CEO Kate Henningsen said, “This technology acquisition marks a pivotal moment in our mission to transform the built environment with technology that is as good for the planet as it is for the bottom line. By integrating Buildings IOT’s adaptive buildings capabilities with Infogrid’s suite of energy data and analytics tools, we can offer our clients unprecedented capabilities in automation that help them realize energy, carbon and cost savings faster and more easily than ever before. The combined technology represents a new milestone for real estate and facilities teams seeking to reduce their environmental impact and operating budgets at scale.”

“Buildings IOT was founded with the mission to revolutionize the way buildings operate,” added Buildings IOT CEO Brian Turner. “Combining the Infogrid and Buildings IOT technologies will be essential in aiding the built environment’s shift to low carbon and making significant strides towards decarbonizing operations.”

12 members of Buildings IOT’s US- and Canada-based team will join Infogrid as part of the acquisition as Infogrid looks to incorporate the Buildings IOT solution into its technology stack. Infogrid will maintain its corporate headquarters in Washington, D.C. and London.

To learn more about the services on offer, visit www.infogrid.io and www.buildingsiot.com.

About Infogrid:

Infogrid is a data and analytics company on a mission to make every building smarter, more efficient, and more sustainable. Recently ranked in the top 10 tech companies leading the charge on climate action, it offers an AI-powered suite of products that empower real estate teams to reduce costs, decrease time spent on routine work, and find and act on opportunities to save energy and carbon. Discover how Infogrid’s solutions can unlock the potential of your assets and accelerate the transition to net zero. Visit us at www.infogrid.io to learn more.

Contacts

Zoe Williams

Director of Marketing, Infogrid

zoe.williams@infogrid.io