WATERLOO, Ontario–(BUSINESS WIRE)–eSentire, Inc., the Authority in Managed Detection and Response (MDR), and Kterio, the leading provider of smart building operating systems, today announced that they have formed an ecosystem partnership for the Healthcare, Industrial and Commercial Real Estate sectors. Companies in these sectors are seeking broader, more robust solution outcomes to reduce cybersecurity risk while maintaining optimum building performance. Together, eSentire and Kterio will evaluate customer risks across traditional threat vectors and the building infrastructures supporting sustainability initiatives, building management, and operations.

Kterio has developed a revolutionary smart building operating system, Kterio OS. By harnessing the power of integrated data, Kterio uses Machine Learning and Artificial Intelligence to deliver portfolio-level, site-level, & equipment-level reporting, benchmarking, and asset visualization. Kterio customers realize savings in reduced energy consumption, fewer maintenance calls, and AI-enabled capital-expense optimization. eSentire is the leading global provider of Exposure Management, Managed Detection and Response and Incident Response services. By combining its open XDR platform technology, 24/7 threat hunting, generative AI expertise and proven security operations leadership, eSentire helps organizations anticipate, withstand, and recover from cyberattacks. As leaders in their respective fields, eSentire and Kterio are uniquely positioned to deliver a 24/7 full-scale solution to support the teams charged with managing the multiple, vast, physical sites of critical infrastructure firms.

“Clients and ecosystem partners are seeking solutions, which coalesce cybersecurity controls with building asset controls, to form a complete risk picture,” said Bob Layton, Chief Channel Officer, eSentire. “Organizations will also see operational efficiency and cyber resilience gains through this unification. Our Healthcare and Industrial clients are solving for this now and bringing eSentire to the table to deliver the security operations expertise needed. This partnership with Kterio is integral in furthering the visibility and control we can deliver across IoT environments.”

Kterio and eSentire’s ecosystem partnership will first explore joint service offerings to mutual customers while creating new paths to enhance cyber resilience and improve attack surface visibility across operational controls.

“We are delighted to form this new ecosystem partnership with eSentire. Our clients, around the world, are solving operational controls and efficiencies utilizing Kterio OS ML/AI tools right now. They’re asking us for cybersecurity solutions that tie into the Kterio data science and enterprise-class service portfolio. eSentire’s proven leadership position in cybersecurity and their investment in AI and LLMs make for a natural ecosystem partnership,” said Larry Yogel, Chairman and CEO, Kterio. “Kterio is a disruptor in a legacy industry, and we see a shared vision with eSentire,” he added.

About eSentire

eSentire, Inc., the Authority in Managed Detection and Response (MDR), protects the critical data and applications of 2000+ organizations in 80+ countries across 35 industries from known and unknown cyber threats by providing Exposure Management, Managed Detection and Response, and Incident Response services. eSentire’s award-winning global e3 partner ecosystem, representing experience, expertise, eSentire, has been awarded a 5-Star rating in the Partner Program Guide by CRN®, a brand of The Channel Company, for five consecutive years. The e3 ecosystem focuses on mapping partner engagement, productivity and overall experience to how business leaders choose to consume best-in-class cybersecurity services through marketplaces, global Managed Services Providers (MSPs), Managed Security Services Providers (MSSPs), Value Added Resellers (VARs), and Technology Service Brokers. For more information and to become a partner, visit: www.esentire.com/partners and follow @eSentire.

About Kterio

Kterio is a technology leader bringing unprecedented intelligence to buildings through its operating system (OS) and Smart Solution Center (SSC) platform. Kterio enables building owners to visualize and manage all their building assets and IoT sensors in a single platform. The Kterio OS and solution platform harnesses the power of data to reduce energy costs, and reduce maintenance costs, significantly improving the operational efficiencies of buildings. As a result of Kterio’s unique ability to integrate data from disparate systems, building owners are no longer tied to proprietary systems and maintenance contracts. Kterio OS uses ML/AI to predict and plan for equipment maintenance proactively, make changes that will save energy, and reduce carbon, enhancing Environmental, Social, and Governance (ESG) practices. For more information, visit: Kterio.com and follow @Kterio.

Contacts

Elizabeth Clarke

eSentire

Elizabeth.Clarke@esentire.com

TORONTO–(BUSINESS WIRE)–DREAM IMPACT TRUST (TSX: MPCT.UN) (“Dream Impact” or the “Trust”) looks forward to presenting its business today at its head office at 30 Adelaide Street East, Suite 301 at 10:00 a.m. ET, as part of the Dream group of companies’ Investor Day.

A copy of the presentation will be archived and available on our website here.

As part of the investor presentation, the Trust is publishing an adjusted net asset value (“NAV”)⁽¹⁾ as of June 30, 2023. Based on total unitholders’ equity of $468.8 million as of June 30, 2023, or $27.36 per unit, and incorporating the Trust’s market value adjustment from December 31, 2022, the Trust’s June 30, 2023, adjusted NAV would be $543.0 million or $31.70 per unit⁽²⁾.

The table below provides a reconciliation of adjusted NAV to total unitholders’ equity as of June 30, 2023, which is the closest IFRS measure to adjusted NAV:

See Figure 1, Reconciliation of adjusted NAV to total unitholders’ equity

At the Investor Day, the Trust’s senior management team will discuss its business plan and strategy, target capital allocation and future growth business drivers to generate returns.

About Dream Impact Trust

Dream Impact Trust is an open-ended trust dedicated to impact investing. Dream Impact’s underlying portfolio is comprised of exceptional real estate assets reported under two operating segments: development and investing holdings, and recurring income, that would not be otherwise available in a public and fully transparent vehicle, managed by an experienced team with a successful track record in these areas. The objectives of Dream Impact are to create positive and lasting impacts for our stakeholders through our three impact verticals: environmental sustainability and resilience, attainable and affordable housing, and inclusive communities; while generating attractive returns for investors. For more information, please visit: www.dreamimpacttrust.ca.

SPECIFIED FINANCIAL MEASURES AND OTHER MEASURES

The Trust’s condensed consolidated financial statements are prepared in accordance with International Financial Reporting Standards (“IFRS”). In this press release, as a complement to results provided in accordance with IFRS, the Trust discloses and discusses certain specified financial measures, including adjusted net asset value and adjusted net asset value per unit. These specified financial measures are not defined by or recognized measures under IFRS, do not have a standardized meaning and may not be comparable with similar measures presented by other issuers. The Trust has presented such specified financial measures as management believes they are relevant measures of our underlying operating performance. Specified financial measures should not be considered as alternatives to unitholders’ equity or comparable metrics determined in accordance with IFRS as indicators of the Trust’s performance and profitability. Certain additional disclosures such as the composition, usefulness and changes as applicable are expressly incorporated by reference from the Trust’s MD&A for the year ended December 31, 2022 in the section titled “Specified Financial Measures and Other Disclosures”, which has been filed and is available on SEDAR+ under the Trust’s profile.

NON-GAAP MEASURES

“Adjusted net asset value (“Adjusted NAV”)”, a non-GAAP financial measure, represents total unitholders’ equity per the condensed consolidated financial statements (the most directly comparable financial measure), adjusted for market value adjustments for equity accounted investments (including applicable deferred income tax adjustments). The market value adjustments account for the applicable deferred income tax estimates considering the timing of their realization and, if appropriate, will be incorporated into the determination of the Adjusted NAV. The applicable deferred income tax estimates related to the market value adjustments are calculated either based on income or capital gain rates or a combination thereof. The income tax rates used to determine Adjusted NAV are dependent on various factors such as anticipated development plans, stage of development and current market trends applicable to the future development plans, and will be reviewed on a regular basis and are subject to change. Excluded from the Adjusted NAV calculation are any market value adjustments with respect to liabilities as well as commitments/contracts that are not otherwise recorded as liabilities on the Trust’s condensed consolidated statements of financial position. The Trust has not appraised the lending portfolio, as the Trust intends to hold certain investments in the lending portfolio until maturity and its term to maturity is over the next one to five years; as such, this portfolio is considered fairly liquid. This non-GAAP measure is an important measure used by the Trust in evaluating the Trust’s and Asset Manager’s performance as it is an indicator of the intrinsic value of the Trust; however, it is not defined by IFRS, does not have a standardized meaning and may not be comparable with similar measures presented by other issuers. A reconciliation of Adjusted NAV to unitholders’ equity, the most directly comparable financial measure, as of June 30, 2023 can be found in the table above.

NON-GAAP RATIOS

“Adjusted net asset value (“NAV”) per unit” represents the Adjusted NAV (a non-GAAP financial measure) of the Trust divided by the number of units outstanding at the end of the period. This non-GAAP ratio is an important measure used by the Trust in evaluating the Trust’s performance as it is an indicator of the intrinsic value of the Trust; however, it is not defined by IFRS, does not have a standardized meaning and may not be comparable with similar measures presented by other issuers. A reconciliation of Adjusted NAV to unitholders’ equity, the most directly comparable financial measure, as of June 30, 2023 can be found in the table above.

Contacts

DREAM IMPACT TRUST

Meaghan Peloso

Chief Financial Officer

(416) 365-6322

mpeloso@dream.ca

Kimberly Lefever

Director, Investor Relations

(416) 365-6339

klefever@dream.ca

TORONTO–(BUSINESS WIRE)–DREAM OFFICE REIT (TSX: D.UN) (the “Trust”) As part of the Dream group of companies’ Investor Day, the Trust looks forward to presenting its business today at its head office at 30 Adelaide Street East, Suite 301 at 10:00 a.m. ET.

A copy of the presentation will be archived and available on our website here.

At the Investor Day, the Trust’s senior management team will be discussing its business plan and strategy, and future business growth drivers to generate returns in the future.

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

KELOWNA, British Columbia–(BUSINESS WIRE)–Amid the devastation caused by the Kelowna and Shuswap wildfires, Greenspan Adjusters International announced today that its team of public adjusters is on the ground in British Columbia and ready to support displaced families and business owners to ensure they are armed with the knowledge and tools needed to navigate the laborious insurance claims process.

“Being here in BC, we’re witnessing the destruction firsthand,” said Steve Severaid, Greenspan Adjusters International President. “We mourn the toll this disaster will take on families and local business owners for years to come. Even after these good and hardworking people have suffered tremendous losses, they are left with the strenuous battle of dealing with insurance claims.”

The 2023 wildfire season in British Columbia has now officially surpassed the 2018 season as the most destructive ever recorded according to area burned. With over 2 million hectares burned, 200 structures destroyed, and fires continuing to burn throughout the province, there is still no end in sight. The community will be in a state of rebuilding for years, with financial losses to B.C. forecasted to exceed $1.5 billion.

“The scope of this is beyond what I’ve seen before, and I’ve witnessed a lot of natural disasters,” Severaid said. “With ten times more land burned already this year than in all of 2022 and with fires still raging, it’s simply unprecedented. We know how frustrating, difficult, and financially debilitating it can be for homeowners and business owners to face their insurance companies after wildfires like these. We want to make sure their policies are assessed thoroughly, and their subsequent claims managed quickly, adequately, and seamlessly.”

“What is most critical,” Severaid continued, “is that policyholders advocate for their best interests by being represented by their own private adjuster. Insurance company adjusters have a conflict of interest in that they cannot fairly represent both their principal – the insurance company – and you at the same time. Most people do not know that, without the guidance of an insurance professional fighting on your behalf, not only can the claims process be overwhelming — but you may not be guaranteed an optimal payout or even an adequate claim.”

Public adjusters manage the claims of homeowners, businesses, and commercial property owners, providing much-needed support following tragedies and assist their clients in negotiating optimal settlements that they are entitled to from their insurance companies. Public adjusters work independently of insurance companies, which deploy their own teams of adjusters to mitigate their financial exposure.

Greenspan Adjusters International is offering complimentary policy and situation reviews and can provide a roadmap for recovery that addresses the particulars of each policyholder’s situation. Anyone in need can receive this benefit at any time by phone, zoom, or in-person at no cost. In that spirit, Greenspan will also host live town halls on Thursday, September 7 and Thursday, September 14 at 6 pm to teach home and business owners affected by the Kelowna and Shuswap wildfires how to best navigate the insurance claims process. Affected individuals seeking additional information about their claims process, coverage and potential payout should bring a copy of their insurance policy with them so a member of the Greenspan team can provide a complimentary review and analysis on-site. People who are not able to attend can still reach out to Greenspan Adjusters International at any of the contacts below to receive this no-cost review.

Insurance Recovery Workshops

Delta Hotel, Okanagan Grand Resort

Cassiar/Cascade Meeting Room

1310 Water Street, Kelowna, BC V1Y 9P3

Thursday, September 7 at 6 pm

Thursday, September 14 at 6 pm

For over 77 years, Greenspan Adjusters International has worked to ensure that individuals receive the full benefits to which they are entitled and offers expertise in managing every aspect of significant property damage claims so that policyholders can return to some semblance of normal. The Vancouver Office of Greenspan Adjusters International is located at 1021 W. Hastings, 9th Floor, Vancouver, British Columbia V6E 0C3.

For further information on how Greenspan can support wildfire damage claims, please contact:

Phone: (778) 588-6680

Email: info@greenspan-adjusters.ca
Website: https://www.greenspan-adjusters.ca/

About Greenspan Adjusters International:

Greenspan Adjusters International is wholly owned by The Greenspan Co. / Adjusters International; headquartered in San Francisco it is the largest and oldest public adjusting firm in the West. Greenspan helps businesses, commercial property owners, and homeowners throughout British Columbia, California, Arizona, Nevada, Washington, Idaho, Oregon, Utah, Alaska, and Hawaii manage their property damage insurance claims. With a singular focus on serving policyholders, the company boasts a team of licensed public insurance adjusters, estimators, and inventory specialists with extensive expertise in disaster recovery and property insurance claims. The Greenspan team is currently covering the disaster zones of both Lahaina, Maui, Hawaii and Kelowna, BC, Canada; assisting homeowners and business owners with their claims.

Contacts

Mark Fratkin

mark@greenspan-ai.com

TORONTO–(BUSINESS WIRE)–Smith Financial Corporation (“Smith Financial”) today announced the completion of its plan of arrangement under the Business Corporations Act (Ontario) (the “Arrangement”). Pursuant to the terms of the Arrangement, a wholly-owned subsidiary of Smith Financial Corporation acquired all the issued and outstanding shares of Home Capital Group Inc. (“Home Capital” or “Home”) (TSX: HCG) that Smith Financial Corporation did not already own for $44.28 in cash per share. Since the Arrangement closed after May 20, 2023, the base consideration of $44.00 in cash per share was increased by $0.28 in cash per share, being an amount equal to $0.00273973 per share in cash per day from and including May 20, 2023 up to and including August 30, 2023.

A New and Proven Owner with Deep Affinity for Customers, Employees and Partners

Now operating as a Smith Financial Corporation company, Home Capital will maintain its focus on delivering great service to customers and business partners and leveraging its award-winning work culture.

“For many reasons, including the strength of Home’s brand among mortgage brokers, deposit brokers and hundreds of thousands of customers across Canada, we are delighted to welcome this market-leading company and its hard-working team into the Smith Financial Corporation family,” said Stephen Smith, founder and CEO of Smith Financial Corporation. “Home Capital is a strategic holding for us, and we will give our support to preserve, protect and advance Home’s place in the industry under its dedicated leadership. We look forward to collaborating with all Home stakeholders as a committed long-term owner.”

With the Arrangement now complete, Home Capital’s common shares are expected to be delisted from the Toronto Stock Exchange shortly after the date hereof. Home Capital also will apply to cease to be a reporting issuer under applicable Canadian securities laws.

Action Required by Home Capital Shareholders

Registered shareholders of Home Capital are reminded to submit a duly completed letter of transmittal and, as applicable, the certificate(s) representing their common shares, as applicable, to Computershare Investor Services Inc. (“Computershare”). Registered shareholders who have questions or require assistance can contact Computershare toll free at 1-800-564-6253 in North America, or at 1-514-982-7555 outside North America, or by email at corporateactions@computershare.com

For additional details regarding the Arrangement see Home Capital’s management information circular dated January 6, 2023, a copy of which can be found under Home Capital’s profile on SEDAR at www.sedarplus.ca.

Caution Regarding Forward Looking Statements

This press release contains forward-looking information within the meaning of applicable Canadian securities legislation, including related to when Home Capital’s common shares will be de-listed from the Toronto Stock Exchange and Home Capital will cease to be a reporting issuer under applicable Canadian securities laws. Such forward-looking information necessarily involves known and unknown risks and uncertainties and assumptions. These risks, uncertainties and assumptions include, but are not limited to, management’s expectations, intentions and beliefs concerning anticipated future events, results, circumstances, economic performance or expectations with respect to Home Capital and/or Smith Financial Corporation, including, as applicable, the delisting of the Home Capital common shares and Home Capital’s application to cease to be a reporting issuer. Therefore, forward-looking information should be considered carefully and undue reliance should not be placed on such information. Please note that forward-looking information in this press release reflects management’s expectations as of the date hereof, and therefore is subject to change. Home Capital disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law. Please refer to Home Capital’s 2023 Second Quarter Report, available on Home Capital’s website at www.homecapital.com, and on SEDAR at www.sedarplus.ca, for Home Capital’s Caution Regarding Forward-looking Statements.

About Smith Financial Corporation

Smith Financial Corporation was founded by one of Canada’s leading financial services entrepreneurs and his family. With a long-term philosophy shaped by Smith family values, our purpose is to partner with and nurture great companies. Today, Smith Financial has significant equity positions in Canada Guaranty Mortgage Insurance Company, Fairstone Bank of Canada, First National Financial Corporation (TSX: FN), Glass-Lewis & Co., Home Capital, Equitable Bank (TSX: EQB), and Peloton Capital Management and its private equity funds. Please visit Smith Financial Corporation for more information.

About Home Capital

Home Capital operates through its principal subsidiary, Home Trust Company. Home Trust Company is a federally regulated trust company offering residential and non-residential mortgage lending, securitization of residential mortgage products, consumer lending and credit card services. In addition, Home Trust Company and its wholly owned subsidiary, Home Bank, offer deposits via brokers and financial planners, and through a direct-to-consumer brand, Oaken Financial. Licensed to conduct business across Canada, we have offices in Ontario, Alberta, British Columbia, Nova Scotia, and Quebec.

Contacts

Longview Communications & Public Affairs
Jill MacRae
Partner
437-922-9215
jmacrae@longviewcomms.ca

Bobcat fans voted to decide the winner of the $25K backyard makeover, and the opportunity to meet country music superstar Justin Moore

WEST FARGO, N.D.–(BUSINESS WIRE)–The votes are tallied, and Bobcat Company is thrilled to announce the winner of the Bobcat Backyard Makeover Contest is Julie Rummer from Turlock, Calif.

Julie will receive a $25,000 backyard makeover using Bobcat equipment to transform her backyard and garden. She will also have the opportunity to meet country music superstar – and Bobcat enthusiast – Justin Moore.

Five finalists were selected based on the originality and creativity in their contest entry submission, as well as sharing the impact of how a backyard makeover would empower them to accomplish more. Julie’s powerful story received the most votes from the public.

Julie survived an auto accident in 1995 that left her paralyzed as a quadriplegic. She is now wheelchair dependent, and often encounters challenges maneuvering in her backyard. While she loves to garden, the dirt and weeds often get stuck in her wheelchair. She would like to makeover her backyard and make it wheelchair accessible so she can be outdoors more often, which she says helps her forget her mobility limitations.

“We are thrilled to announce Julie Rummer as the winner of the Bobcat Backyard Makeover Contest and can’t wait to bring her backyard dreams to life,” said Laura Ness Owens, vice president of global brand and communications and North American marketing. “At Bobcat, we are committed to empowering people to conquer their biggest challenges, and we are proud to help Julie in her pursuits by enhancing her backyard.”

Julie and her husband love to entertain family, friends and neighbors at their home. They have dreamt of making improvements to their yard – both visually and to make it more wheelchair-friendly – but haven’t had the time or money.

“Gardening is one of my biggest passions and being outdoors makes me forget my daily limitations. I am so incredibly grateful to Bobcat for this opportunity to create a completely accessible yard that will allow me the garden of my dreams,” said Julie. “I’ve been brought to tears at the thought of winning this contest. The kindness, love and support from my family, friends, neighbors and total strangers has filled my heart.”

In addition to the backyard makeover, Julie will have the opportunity to meet Justin Moore as he joins the Bobcat team in the renovation project. Moore has been a brand ambassador for Bobcat Company since 2021. As an owner and operator of multiple pieces of Bobcat equipment, including a compact loader and compact tractor, Moore keeps busy on his 80-acre property in Arkansas.

In addition to meeting Moore, Julie will work with an area landscape contractor and her local Bobcat dealer to plan and create her dream backyard.

“Bobcat is known for empowering people and in my case, they are helping me to enjoy more sunshine and time in my happy place – my backyard,” said Julie. “Thank you for your generosity and commitment to lifting people up and helping me find a new path.”

Media Resources: Photo assets are available for download at this Dropbox link.

About Bobcat Company

Since 1958, Bobcat Company has been empowering people to accomplish more. As a leading global manufacturer of compact equipment, Bobcat has a proud legacy of innovation and a reputation based on delivering smart solutions to customers’ toughest challenges. Backed by the support of a worldwide network of independent dealers and distributors, Bobcat offers an extensive line of compact equipment, including loaders, excavators, compact tractors, utility products, telehandlers, mowers, attachments, implements, parts, and services. In 2024, Bobcat will expand its brand with the addition of portable power, industrial air and industrial vehicle offerings. Headquartered in West Fargo, North Dakota, Bobcat continues to lead the industry with its new and innovative offerings.

The Bobcat brand is owned by Doosan Bobcat, Inc., a company within the Doosan Group. Committed to empowering people to accomplish more, Doosan Bobcat is dedicated to building stronger communities and a better tomorrow.

©2023 Bobcat Company. All rights reserved.

Contacts

Nadine Erckenbrack, Bobcat Public Relations Manager

Email: na.newsroom@doosan.com
Mobile: 701-205-9207

CLEVELAND–(BUSINESS WIRE)–Euclid Chemical, a leading manufacturer of concrete and masonry construction products, has announced the opening of a new admixture plant in Calgary, Alberta. This facility will enable the company to better serve its customers in the region by providing high-quality admixture solutions that meet their needs.

Positioned in a prime location with access to nearby railways and major transportation routes, this newly established facility ensures quick and efficient product delivery throughout the area. The Calgary plant will improve overall service levels by reducing lead times and ultimately delivering a better customer experience.

The newly operational facility is equipped with the latest equipment and technology, including advanced mixing and batching systems that provide accurate and consistent dosing of admixture ingredients. Euclid Chemical’s team of skilled and experienced on-site technicians operate the plant and confirm that every batch of admixture meets strict quality standards before being shipped to customers.

“The Calgary plant represents a significant step forward in our journey to enhance customer satisfaction and meet the growing demand in Canada,” said Thomas Gairing, president of Euclid Chemical. “We are committed to providing quality products and services while constantly improving our operations and capabilities to better serve our customers.”

To view the plant’s visual assets, visit https://bit.ly/3qy4BzT.

About Euclid Chemical

Headquartered in Cleveland, Ohio, Euclid Chemical has served the global building market for more than a century as a leading manufacturer and supplier of specialty products and technical support services for the concrete and masonry construction industry. Euclid Chemical’s expansive product line includes admixtures, fiber reinforcement, concrete repair products, flooring materials, decorative concrete systems, and more. Learn more at www.euclidchemical.com.

Contacts

Victoria Pishkula

vpishkula@roopco.com
216-902-3800