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OneCompass Holdings Announces Strategic Investment in Evolve Global Logistics

OneCompass Holdings Announces Strategic Investment in Evolve Global Logistics

November 22, 2024 Craig Etkin

COLUMBUS, Ohio, Nov. 18, 2024 /PRNewswire/ — OneCompass Holdings is pleased to announce its strategic investment in Evolve Global Logistics (EGL), a minority-owned logistics company headquartered in Columbus, Ohio. Partnering with leading corporations across various industries, this investment strengthens Evolve’s position in the logistics sector.

Evolve Global Logistics has established a strong reputation for delivering innovative and reliable transportation solutions tailored to the needs of large corporations. With OneCompass’s investment, EGL will gain access to a wide range of advanced resources that will support its growth, operational excellence, and scaling capabilities—enabling it to serve an even broader customer base with increased efficiency. OneCompass is dedicated to empowering Evolve to expand its impact and continue strengthening its position in the logistics space.

Carlton Dean, CEO & Co-Founder of Evolve Global Logistics, commented on this recent investment.

“We are truly honored to be a part of the OneCompass family and believe they are an excellent fit for our goals in the logistics industry, especially in how we serve our community. Finding an organization that operates across multiple industries and has expertise in asset-based trucking and warehouse operations was essential. We are extremely pleased with this partnership and look forward to enhancing our brand identity while maintaining consistency in our work.”

Supporting companies in the logistics industry is nothing new for OneCompass Holdings; their original holding company, FST Logistics, is already a recognized leader in the field. With expertise in fostering growth within the logistics sector, OneCompass is well-equipped to guide companies like Evolve toward even greater success. As a strong contender in managed transportation, Evolve has tremendous potential to rise as a top industry player.

Matt Hartman, Chairman and CEO of OneCompass Holdings, commented on this recent investment.

“The team at OneCompass Holdings is very excited about our investment in Evolve Global Logistics (EGL). We are honored to have the opportunity to work closely with Carlton Dean, CEO and Co-founder of EGL, and John Bush, Director of Operations, to continue to invest in the growth of the business. The team at EGL has a proven track record of delivering excellence to their customers, employees, partners, and our community, collectively, the pillars that OneCompass Holding embraces in all our holdings. We are also very excited to see what synergies there will be with our bedrock holdings under FST Logistics as our teams begin to work more closely together.”

The partnership between OneCompass Holdings and Evolve Global Logistics represents a pivotal milestone for both organizations. Rooted in the local community of Columbus, Ohio, this collaboration highlights OneCompass’s dedication to cultivating diversity within its portfolio of holdings and supporting the growth of minority-owned businesses.

About OneCompass Holdings
OneCompass Holdings is an employee-owned holding company dedicated to empowering companies on their journey toward excellence. Through comprehensive shared services in finance, technology, human resources, and learning and development, they specialize in guiding companies through the complexities of strategic growth.

About Evolve Global Logistics
Evolve Global Logistics (EGL) is a minority-owned business focused on the transportation industry. Providing tailored logistics solutions, such as managed transportation services. EGL is committed to driving value for its partners while promoting diversity and inclusion in the transportation industry by delivering efficient, reliable, and innovative services.

SOURCE OneCompass Holdings

Copyright © 2024 Cision US Inc.


Venture Capital
Cision, Columbus, Ohio, OneCompass Holdings, PRNewswire, Venture Capital

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Kimberly-Clark Corporation, one of the world's leading manufacturers of personal care and hygiene products, will establish an $800 million advanced manufacturing facility in Trumbull County, bringing an anticipated 491 new high-quality jobs. For Kimberly-Clark, this new facility would be its first in Ohio and represents not just a strategic expansion, but a decisive step in doubling down on growth in the American market. Spread across more than one million square feet, the Warren facility will provide the manufacturing capacity needed to unleash future growth for Kimberly-Clark’s fastest-growing personal care categories that include Baby & Child Care and Adult & Feminine Care. Warren is in geographic proximity to roughly 117 million consumers and will serve as a strategic hub for the Northeast and Midwest regions. Construction is expected to begin this month and will take up to two years.

In a statement Tamera Fenske, chief supply chain officer at Kimberly-Clark said, “Our investment in Warren is a pivotal step forward in our North America business and strategy.” “By establishing a new, state-of-the-art manufacturing facility in Ohio, we’re enhancing our ability to serve millions of consumers across the Midwest and Northeast with greater speed, agility, and resilience. It’s a once-in-a-career opportunity to build a facility from the ground up that reflects the future of manufacturing, and with the support of local partners like JobsOhio, the Department of Development, Lake to River, Western Reserve Port Authority, and local governments, we have the unique opportunity to create high-quality jobs and long-term economic impact in the region.”

Based in Dallas and employing 46,000 people in 34 countries, the company’s portfolio of brands also includes Huggies, Kleenex, Scott, Kotex, Cottonelle, Poise, Depend, Andrex, Pull-Ups, GoodNites, Intimus, Plenitud, Sweety, Softex, Viva and WypAll. Its products are sold in more than 175 countries and territories.
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Snorkel AI announced general availability of two new product offerings on the Snorkel AI Data Development Platform: Snorkel Evaluate and Snorkel Expert Data-as-a-Service. These launches advance its mission to turn knowledge into specialized AI—helping teams move from prototype to production at scale by leveraging Snorkel AI’s programmatic data development technology. In addition, Snorkel AI announced it has raised $100 million in Series D funding at a $1.3 billion valuation, led by Addition. This new funding will fuel continued research and innovation in evaluating and tuning specialized AI systems with expert data.


In a statement Alex Ratner, Co-founder and CEO of Snorkel AI said, “We are seeing a surge of momentum around agentic AI, but specialized enterprise agents aren’t ready for production in most settings.” “Enterprises need domain-specific data and expertise to make this a reality. We’re excited to deliver on this need and help AI innovators develop expert data to bring their LLM and agentic systems into production with our new offerings, which round out Snorkel’s unified AI data development stack.”

Snorkel AI is building the Snorkel AI Data Development Platform for evaluating and tuning specialized AI at scale. Snorkel AI’s offerings, including Snorkel Evaluate and Snorkel Expert Data-as-a-Service, accelerate evaluation and tuning of specialized AI systems with expert data—helping teams move from prototype to production at scale by leveraging Snorkel AI’s programmatic data development technology. Launched out of the Stanford AI Lab, Snorkel AI’s platform is used in production by Fortune 500 companies, including BNY, Wayfair, and Chubb, as well as across the U.S. federal government, including the U.S. Air Force.
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TicketManager, a global leader in event ticket and guest management solutions for the corporate enterprise, today announced Valeas Capital Partners, a growth-oriented private-equity firm, has acquired a majority stake in the company. Under the terms of the agreement, Valeas is committing $110 million to support TicketManager’s strategic growth plans. TicketManager Co-Founder and CEO Tony Knopp and COO Ken Hanscom will retain a minority interest in the Company. Founded in 2007, TicketManager is the category leader in providing software and services to manage end-to-end event ticket workflow and guest experiences. Serving as the central hub and system of record for data-driven organizations, the platform streamlines every step of the ticket management process. Every year, companies spend more than $600 billion on customer entertainment, yet 43% of corporate tickets are never used and fewer than 20% of organizations leverage modern software to optimize those investments and mitigate compliance risk.

In a statement Tony Knopp, CEO and Co-Founder of TicketManager said, “Live events are an important investment for businesses of all sizes. Whether major global sponsorships, naming rights for stadiums, luxury suites or even a few season tickets for the local team, companies use them to attract and keep customers while building their brands. But in today’s market, many companies struggle with growing pressure to show the value of their ticket spending.” “We knew there was a better way, and that’s why we created TicketManager – to make company tickets easy and prove the return on investment with cutting edge technology and services.”

TicketManager is a leading event- and guest-management platform that empowers companies to make client entertainment easy and drive greater return on investment. It offers convenient and simple technology to manage corporate sports and entertainment tickets, create exceptional guest life-cycle experiences, and measure effectiveness. TicketManager is trusted by more than 500 global brands including Verizon, FedEx, Adidas, Anheuser-Busch, and Mastercard.
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