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Balance Point Capital Announces its Investment in Eventus WholeHealth

WESTPORT, Conn., Jan. 13, 2021 /PRNewswire/ — Balance Point Capital (“Balance Point”), in conjunction with its affiliated funds, Balance Point Capital Partners III, L.P, Balance Point Capital Partners IV, L.P, and Balance Point Capital Partners V, L.P., is pleased to announce its investment in Eventus WholeHealth (“Eventus” or the “Company”), a portfolio company of Enhanced Healthcare Partners (“EHP”), a healthcare-focused private equity firm based in New York, NY. Continuing with its position as a leading provider of flexible capital to the lower middle market, Balance Point arranged debt financing to support the Company's acquisition of Doctors Making Housecalls (“DMHC”) while retiring existing debt and providing significant available capital for future growth investments.
Founded in 2014, Eventus provides integrated primary care, mental health, chronic care management and other medical services to residents and patients of assisted living and skilled nursing facilities across five states in the Southeast and Midwest. Eventus' team of primary care physicians, psychiatrists, nurse practitioners, physician assistants, psychotherapists, podiatrists and support staff provide collaborative interdisciplinary care across a wide range of specialties to patients in more than 625 facilities.
Founded in 2002, Doctors Making Housecalls is a multi-specialty group of 130 physicians, physician assistants and nurse practitioners making 160,000 visits annually to homes, assisted living communities and businesses throughout North Carolina. The merged multi-specialty group practice will have a total of over 650 clinicians and employees providing integrated primary care, specialty care, and behavioral health services to more than 42,000 patients living in over 1,000 long-term care facilities and at home, making the Company the largest healthcare provider to senior residents of assisted living facilities in North Carolina.
“Eventus has demonstrated an ability to offer high quality care to patients that benefits the entire healthcare ecosystem. The acquisition of Doctors Making Housecalls creates a preeminent healthcare service provider in the Southeast with a depth and breadth of services to treat patients across the continuum of care,” said Balance Point Capital Partner, Justin Kaplan.
Dr. Grace Terrell, Eventus' CEO said, “We are excited to be working with Balance Point on this transaction. Their knowledge of our business and capital flexibility will provide the support necessary to execute on our growth objectives.”
Matt Thompson, General Partner at EHP added, “Enhanced is pleased to have worked with Balance Point on optimizing Eventus' capital structure to support the Company for its next phase of growth. Balance Point's flexibility and ability to work quickly proved critical in this transaction.”
About Balance Point Capital
Balance Point Capital is an alternative investment manager focused on the lower middle market. With approximately $1.4 billion in assets under management as of November 2020, Balance Point invests debt and equity capital in select lower middle market companies across a variety of investment vehicles. We take a long-term, partnership approach to investing and are committed to building lasting relationships with our partners, management teams and intermediaries.
Balance Point Capital Advisors, LLC (referred to herein as Balance Point Capital) is a registered investment advisor. Further information is available at www.balancepointcapital.com.
Contact
Justin Kaplan
(203) 652-8264
[email protected]
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SOURCE Balance Point Capital
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Transom Consulting Group Announces the Promotion of Paul Yoo to Partner

LOS ANGELES, Jan. 18, 2021 /PRNewswire/ — Transom Consulting Group, a leading strategy and operational excellence consultancy and investment bank, announced today the promotion of Paul Yoo to Partner.
“We are delighted to announce the promotion of Paul to Partner. Paul has made significant contributions to the breadth and depth of our capabilities and has been a key reason for our growth in the consumer goods and retail sector. His promotion is a recognition of the value he has brought to our clients and our firm. Paul has not only achieved tremendous results for corporate clients, but also for investors in the space,” says David Ascher, founder and Managing Partner of Transom Consulting.
Paul joined Transom in 2019 and leads the firm's Consumer Goods and Retail practice. Prior to joining, Paul served as the CEO of This Saves Lives and as Head of Business Development at The Honest Company. Previously, Paul was a Senior Manager at McKinsey & Company, where he advised Fortune 100 clients on corporate strategy, operations, and M&A strategy.
Paul has an undergraduate degree from Stanford University and a J.D. from Harvard Law School.
About Transom Consulting Group:
Transom Consulting Group provides consulting services focused on strategy and organizational excellence as well as investment banking services in the financial services, consumer goods/retail, and business services sectors. Transom's clients range from high-growth companies to established Fortune 100s and top investment firms. Transom helps clients tackle their most challenging problems by working closely with top executives to develop pragmatic and data-driven recommendations with immediate financial impact. For more information about Transom Consulting Group, visit http://www.transomconsulting.com or contact [email protected].
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SOURCE Transom Consulting Group
News
Hawaiian Electric Industries To Announce Fourth Quarter And Full Year 2020 Results And 2021 Earnings Guidance Feb. 16; American Savings Bank To Announce 2020 Results Jan. 29

HONOLULU, Jan. 18, 2021 /PRNewswire/ — Hawaiian Electric Industries, Inc. (HEI) (NYSE: HE) will announce its fourth quarter and full year 2020 financial results Tuesday, February 16. In addition, American Savings Bank, F.S.B. (American), a wholly owned indirect subsidiary of HEI, will announce its fourth quarter and full year 2020 financial results Friday, January 29.
HEI will conduct a webcast and conference call to discuss fourth quarter and full year 2020 earnings, 2021 earnings guidance and regulatory and other matters on Tuesday, February 16 at 11:15 am Hawaii time (4:15 pm Eastern time).
Parties in the U.S. may listen to the conference call by dialing (844) 834-0652. International parties may listen to the conference call by dialing (412) 317-5198. Parties may also access presentation materials and/or listen to the conference call by visiting the conference call link on HEI's website at www.hei.com under “Investor Relations,” sub-heading “News and Events – Events and Presentations.”
A replay will be available online and via phone. The online replay will be available on HEI's website about two hours after the event. An audio replay will also be available about two hours after the event through March 2, 2021. To access the audio replay, dial (877) 344-7529 (U.S.) or (412) 317-0088 (international) and enter passcode 10151332.
HEI and Hawaiian Electric Company, Inc. (Hawaiian Electric) intend to continue to use HEI's website, www.hei.com, as a means of disclosing additional information; such disclosures will be included in the Investor Relations section of the website. Accordingly, investors should routinely monitor the Investor Relations section of HEI's website, in addition to following HEI's, Hawaiian Electric's and American's press releases, HEI's and Hawaiian Electric's SEC filings and HEI's public conference calls and webcasts. Investors may sign up to receive e-mail alerts via the “Investor Relations” section of the website. The information on HEI's website is not incorporated by reference into this document or into HEI's and Hawaiian Electric's SEC filings unless, and except to the extent, specifically incorporated by reference.
Investors may also wish to refer to the Public Utilities Commission of the State of Hawaii (PUC) website at dms.puc.hawaii.gov/dms to review documents filed with, and issued by, the PUC. No information on the PUC website is incorporated by reference into this document or into HEI's and Hawaiian Electric's SEC filings.
HEI supplies power to approximately 95% of Hawaii's population through its electric utility, Hawaiian Electric; provides a wide array of banking and other financial services to consumers and businesses through American, one of Hawaii's largest financial institutions; and helps advance Hawaii's clean energy and sustainability goals through investments by its non-regulated subsidiary, Pacific Current.
Contact: Julie Smolinski |
Phone: (808) 543-7300 |
Vice President, Investor Relations & Corporate Sustainability |
E-mail: [email protected] |
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SOURCE Hawaiian Electric Industries, Inc.
News
Planswell Fills C-Suite with Eye Towards Global Expansion

Early US success ignites drive to Latin America, Asia
TORONTO, Jan. 18, 2021 /PRNewswire/ – Planswell, the Toronto-based startup delivering free financial plans in about three minutes at Planswell.com, is preparing for expansion to Latin America and Asia by filling key executive positions. C-suite hires join Chief Executive Officer Eric Arnold and Chief Operating Officer Scott Wetton to navigate rapid growth for the company.
Planswell entered the US market in October of 2020 with US revenue quickly surpassing business in Canada, the company's home base. To date, over 1000 advisors in North America have partnered with Planswell from virtually every major financial institution— in addition to solo, independent firms—to help consumers action their financial plans. Planswell has delivered over 300,000 free financial plans to households located in every US state and Canadian province.
In preparation for further expansion, Planswell adds Trevor Oseen of Calgary as Chief Financial Officer. Oseen has extensive experience building companies around the world after landing in his first CFO position of a public, internationally traded energy company at 29. He's since worked in eighty countries while finding time to complete 23 marathons and seven Ironman triathlons.
Jennifer Mastrud joins as Chief Marketing Officer after over twenty years of notable marketing leadership experience in diverse sectors ranging from globally syndicated TV to SaaS. She has an impressive track record of turning young startups into industry leaders, building scalable marketing systems, and managing remote teams. Most recently, Mastrud led two-sided national marketing efforts aimed at financial advisors and financial planning clients. Based in the US, Mastrud is a forty-year survivor of Minnesota winters.
Dean Khialani, a Florida-based technology visionary with a Ph.D. in Information Systems, joins as Chief Technology Officer. Specializing in big data, blockchain, machine learning, and artificial intelligence, Khialani has over 20 years of experience turning code into profitable products in C-level roles at startups and large, established corporations alike.
Scott P. Gill, a leading expert on the US financial regulatory environment, joins as Chief Compliance Officer heading the development of Planswell's US planning engine. Gill brings guru-level knowledge of RIA compliance after advising hundreds of firms throughout fifteen years in the business. Based in North Carolina, Gill is currently completing a doctorate and operates a charitable organization he founded to serve the homeless.
The executive team leads remote staff dispersed across Canada, the United States, the Philippines, Serbia, Turkey, and Nigeria.
“I am so humbled,” said Eric Arnold, Planswell Chief Executive Officer, “This leadership team is much more experienced than me. I'm confident we'll succeed in Latin America and Asia by the end of this year.”
For information about open positions at Planswell, please visit partners.planswell.com/careers.
About Planswell
Planswell is on a mission to provide the most actionable financial planning experience to everyone, for free. To learn more, visit planswell.com.
Available For Interviews
Eric Arnold, CEO
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SOURCE Planswell