November 15, 2016

INDIGO Biosciences, the recognized industry-leader in Nuclear Receptor research, and Bertin Pharma have announced the completion of a European distribution agreement. Over 40 product references for studying nuclear receptors are now available for European researchers doing their work in drug discovery and toxicology. These innovative tools are ....

November 14, 2016

State College, PA (November 14, 2016) INDIGO Biosciences is pleased to announce that Scott Youells, M.Sc. has joined INDIGO Biosciences as Director of Sales. Scott comes to INDIGO with more than 15 years of biotech experience, having spent 10 years in a major research laboratory and 6 years in technical sales. His experience in pharmaceutical research, development synthesis, and screening techniques are of critical importance in supporting INDIGO customers.

November 01, 2016

PITTSBURGH--(BUSINESS WIRE)--

kWantera, a Pittsburgh-based start-up and General Electric Company (GE), through its GE Renewable Energy business, today announced a technology alliance to offer kWantera’s energy trading solution to complement GE’s Digital Wind Farm offering. GE Renewable Energy is developing a partner network and engaging the start-up ecosystem to enhance its Digital Wind Farm and other digital products on its Predix* platform...

October 31, 2016

Moody Aldrich Partners Completes Acquisition of kWantix, an Electricity Trading Hedge Fund 

Enables development of a quantitative, power-trading subsidiary of Moody Aldrich Partners

Marblehead, MA (October 31, 2016)   Moody Aldrich Partners (“MAP”) today announced that it has acquired substantially all of the assets of Pittsburgh based kWantix Trading, LLC and kWantix Trading Advisors, LLC.   In addition, it has entered into a long-term technology licensing agreement with kWantera, Inc. – a Pittsburgh based, power market decision intelligence firm.   With the closing of the deal, Dr. Kaiyu Shen, principal trader at kWantix, joins Moody Aldrich.... 

July 19, 2016

INDIGO Biosciences, the recognized industry-leader in Nuclear Receptor research, and upcyte® technologies GmbH announced completion of a distribution Partnership.  upcyte® technologies GmbH, based in Hampburg-Eppendorf, Germany, is a life science company specializing in controlled, scalable propagation and standardization of human primary cell products. The upcyte® Hepatocytes will be used as a part of INDIGO’s in vitro toxicology platform. This agreement meets the demand for predictive liver toxicity models, necessary due to the high attrition rate of drugs found to cause liver damage following entry into the market.

October 01, 2015

Please join us for no-charge events to meet and socialize with ex-pats in your area originally from Westmoreland, Indiana, Cambria, Blair, Somerset and Bedford counties. The idea is to share food and drinks at a bar/restaurant in your area. You’ll have the chance to meet each other as well as have a chance to discover the exciting new economic development projects and entrepreneurial spirit growing back in our part of Western Pennsylvania.
Save the date for the following events.
D.C. area residents: Meet us at Tortoise and Hare in Arlington, VA on Thursday, October 1 at 6:30 p.m. with the Steelers game to follow....

February 20, 2015

State College, PA -INDIGO Biosciences, Inc. today announced it has entered into a distribution agreement with Cayman Chemical Company. Cayman will be promoting and distributing INDIGO’s nuclear receptor assay kits and screening services worldwide. This agreement will position INDIGO to attract more customers, increase their market share and sell its products and services on a global basis.

INDIGO Biosciences is the only contract research services...

August 18, 2011

CHESAPEAKE BAY ROASTING COMPANY ACQUIRES THE OPERATIONS OF CALLAO COFFEE
Doubles customer base and further expands into northern and central Virginia

CROFTON, MD – Chesapeake Bay Roasting Company, one of the fastest-growing specialty coffee roasters in the mid-Atlantic region, announced today the acquisition of Callao Coffee based in Luray, Virginia. Callao serves more than 150 premier coffee shops, restaurants and food service providers across northern and central Virginia as well as clients across the country.

June 15, 2011

Pittsburgh, PA – MobileFusion, Inc. is pleased to announce the addition of two members to their management team. Ken Durrett has been hired as the new Chief Financial Officer and Bruce Smith joins the team as Vice President of Sales. 

“We are excited about this new direction” said Mark DeSantis, President of MobileFusion. “We are looking forward to the experience that Ken and Bruce bring to the MobileFusion team.”

MobileFusion assists industry, research laboratories, universities, and other businesses where real-time analysis of power usage, power quality and related costs are crucial. Founded in 2006, MobileFusion utilizes a powerful proprietary advanced computing and machine learning-based software platform called SmartPQM that draws data from the customer’s current power infrastructure. MobileFusion works with several strategic partners including among them, Eaton Corporation, a leading provider of smart meters.

May 25, 2011

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State College, PA – Allied Growth Strategies & Management, LLC (AGSM) of State College is announcing the expansion of their investment holdings to include MobileFusion, Inc. of Pittsburgh, Pennsylvania. AGSM recently provided $340,000 Bridge Loan to recapitalize the operation and is preparing for raising the first major “A” round for approximately $3.0 million of capital to be used to grow the business from a sales and marketing, expand operational capacity, and institute a R&D initiative. 

“We believe that MobileFusion is an outstanding addition to our portfolio” said Don Belt, Managing Partner of Allied Growth Strategies Management. “We continue to focus our efforts in partnering with cutting edge technology organizations with outstanding management. We are very optimistic about the future of MobileFusion based on the positive reaction received from several prospective customers provided by AGSM.”
MobileFusion, Inc. is a real-time data analytics company currently meeting the power health needs of large organizations across the US. Their growing customer list includes Fortune 100 industrial and processing firms, universities, data service companies and the U.S. military.

March 25, 2011

State College, PA – Allied Growth Strategies Management (AGSM) of State College is announcing the expansion of their investment holdings to include Indigo Biosciences, Inc. of State College. AGSM is in the process of raising $3.5 million of capital to be used to grow the business from a sales and marketing perspective. 

“Indigo Biosciences, Inc. is an excellent example of the innovation and cutting edge technology that is defining our portfolio” said Don Belt, Managing Partner, AGSM. “We are excited to be a part of assisting Dean and the team at INDIGO with advancing their growth and development.”

Indigo Biosciences, Inc. – The Nuclear Receptor Company is the leading provider of Nuclear Receptor Assay kits and screening services in the...

November 09, 2010

State College, PA - Allied Growth Strategies Management, LLC. (AGSM) has closed on an investment in Prototype Productions Inc (PPI). The investment, in the amount of $7,900,000, will fund PPI’s new venture unit – Prototype Productions Inc. Venture Holdings (PPIVH). 

Donald C. Belt, AGSM - Managing Partner, stated – Although the private equity firm was more than five years old, it was first time AGSM had generated external capital through the recruitment of accredited investors in central and western Pennsylvania. Approximately 50 high profile businessmen have invested in the new AGSM Opportunity Fund. AGSM will focus on equity recapitalizations and buyouts of small, privately held companies with revenues up to $20 million. The primary focus of...

December 14, 2010

Crofton, MD – Chesapeake Bay Roasting Company, the east coast’s most environmentally friendly coffee company, closed a $1.2 million equity investment to provide the “fuel” for growth throughout the Bay watershed region. Chris Paladino of Silver Spring, Maryland saw an opportunity with the company this past spring and signed on as CEO to lead the transformation of the business from a small local roaster into a regional brand.

“For the last five years we have put our hearts and souls into creating the finest quality, most eco-friendly coffees possible,” said Tom Erber, founding partners, master roaster and coffee connoisseur. 

Several local and regional investors signed on to the company’s growth plans. Allied Growth Strategies &...