Ecobot | July 01, 2022
Ecobot, the premier digital solution for pre-construction environmental permitting, has been named a Silver partner within the worldwide Esri Partner Network after successfully graduating from the Esri Startup Program. Esri is the global leader in location intelligence. The Ecobot platform leverages and integrates with Esri's ArcGIS software to facilitate efficient, accurate environmental data collection for mandatory permits ahead of large-scale infrastructure projects.
The Esri Startup Program is a program that supports innovative early-stage startups integrating location intelligence and mapping within their own product offerings. Esri startup partners are companies who offer innovative technological solutions with GIS capabilities. As a member of the program, Ecobot had access to a robust set of resources to jumpstart product development.
Ecobot's key Esri integrations include:
Embedded mapping system powered by Esri for defining project areas and adding wetland polygons or polylines
Compatibility with select external GNSS devices from Esri partners Trimble, Eos GNSS, Juniper Systems, and SXBlue
Generation of GeoJSON shapefiles for seamless export into the Esri ArcGIS system
Ecobot is a platform that includes a mobile field application that is fully functional offline coupled with an Amazon AWS cloud-based dashboard with automated quality assurance, project management, and team collaboration features. To date, Ecobot customers have generated some 65,000 environmental regulatory reports for over 7,000 projects using the platform.
"The partnership with Esri, and Ecobot's integration with Esri ArcGIS products, has been invaluable as we've built out our platform, We are thrilled by how far Ecobot has come since joining the Esri Startup Program, and we're excited to continue evolving as a Silver partner."
-Lee Lancecofounder and CEO Ecobot.
"As a company that was once a startup partner, we understand the early years for any business are hard, said Martin Copping, Esri Partner Executive. We are impressed with how the Ecobot team executed on the opportunities provided by the program, bringing the value of geospatial to a broader audience using the Esri ArcGIS system. We congratulate and look forward to continuing to work with them as a Silver partner.
Since closing a $2.8M round in late 2021, the Ecobot platform continues to expand to include additional project management capabilities and a wider range of environmental permits. Ecobot makes data available for engineers to leverage into a digital twin to improve the resilience of the built environment. Connect with Ecobot at the Esri User Conference or read the ArcNews article: "Startup Makes Preconstruction Data Collection Faster, More Accurate".
Esri, the global market leader in geographic information system (GIS) software, location intelligence, and mapping, helps customers unlock the full potential of data to improve operational and business results. Founded in 1969 in Redlands, California, USA, Esri software is deployed in more than 350,000 organizations globally and in over 200,000 institutions in the Americas, Asia and the Pacific, Europe, Africa, and the Middle East, including Fortune 500 companies, government agencies, nonprofits, and universities. Esri has regional offices, international distributors, and partners providing local support in over 100 countries on six continents. With its pioneering commitment to geospatial information technology, Esri engineers the most innovative solutions for digital transformation, the Internet of Things (IoT), and advanced analytics. Visit us at esri.com.
Ecobot builds revolutionary software that improves how we interact with the environment. Ecobot is the future of environmental monitoring, reporting, and data forecasting, providing efficiency across all sectors of the environmental services industry. The first version of Ecobot provides a swifter way to input wetland field data, provides contextual vegetation and soil data lookups, and automatically generates USACE wetland delineation reports.
Quest Global | June 01, 2022
By 2025, Quest Global plans to plant 500,000 trees around the world. As Quest Global celebrates its 25th anniversary this year, the company is commemorating its dedication to environmental sustainability by planting 25 trees for each of its employees. The activities will begin on World Environment Day, June 5, 2022.
The Quest Worldwide Pledge is based on a multi-year cooperation with One Tree Planted, a non-profit dedicated to global reforestation and positive social effect. The organization will make sure that 500,000 trees are planted and that they are native to their locations. They will also make sure that the trees are cared for and watched over over time.
The initiative will be divided into three phases, with the first beginning on World Environment Day on June 5 and ending on Earth Day in 2023.
It's simple. To make the planet habitable for future generations, preserving and expanding our forest cover is critical. We are in the business of engineering, but what we are really building is a brighter future. The Quest Global Pledge is our way of building a brighter future - by creating an environmental imprint that lasts for generations to come. And our association with One Tree Planted is just the beginning of this meaningful journey."
Quest Global's Chairman and CEO, Ajit Prabhu
The United Nations Environment Programme (UNEP) is celebrating its golden jubilee while it celebrates its silver jubilee. According to the organization, the coincidence of these anniversaries is a sign of hope.
So, Quest Global started its pledge on World Environment Day, which is a day set up by the United Nations Environment Programme to raise awareness and push for real environmental change.
The Quest Global Pledge is associated with United Nations Sustainable Development Goal #15 Life on Land, reflecting the organization's commitment to do their bit in attaining environmental sustainability. The purpose is to maintain, restore, and promote the sustainable use of terrestrial ecosystems, as well as to manage forests in a sustainable manner.
Cornerstone Building Brands | July 28, 2022
Cornerstone Building Brands, Inc. (“Cornerstone Building Brands” or the “Company”), the largest manufacturer of exterior building products in North America, today announced that Clayton, Dubilier & Rice (“CD&R”) has successfully completed the acquisition of Cornerstone Building Brands.
Holders of a majority of the shares of Cornerstone Building Brands common stock not owned by CD&R and its affiliates voted to approve the acquisition at the Special Meeting of Stockholders held on June 24, 2022. The acquisition also received the approval of the holders of a majority of the shares of Cornerstone Building Brands common stock outstanding at the Special Meeting. With the completion of the acquisition, Cornerstone Building Brands’ common stock has ceased trading and will no longer be listed on the New York Stock Exchange.
“The closing of this transaction is an important milestone for Cornerstone Building Brands, and we are pleased to be entering our next phase of growth as a private company, With CD&R’s operational and strategic support, Cornerstone Building Brands will be even better positioned to accelerate our future growth plans and advance our journey to be the premier exterior building solutions company and deliver enhanced value to our customers. I want to thank all Cornerstone Building Brands employees for their continued dedication and hard work. This transaction is a testament to our team’s unwavering commitment to our customers and focus on executing our strategy. I am excited about the opportunities ahead for Cornerstone Building Brands, and I look forward to continuing our work together as we drive value for all stakeholders.”
-Jeffrey S. Lee, Executive Vice President and Chief Financial Officer of Cornerstone Building Brands.
J.L. Zrebiec, Partner at CD&R, said, We have long admired Cornerstone Building Brands’ business and talented team, and we are thrilled to work even more closely with its leadership team and employees in this next chapter. We firmly believe that the Company is uniquely positioned to expand on its position as the largest manufacturer of exterior building products in North America, and we look forward to working together to build on the significant momentum underway.
Centerview Partners LLC is serving as financial advisor and Wachtell, Lipton, Rosen & Katz is serving as legal advisor to a special committee of Cornerstone Building Brands’ independent directors. Sullivan & Cromwell LLP is serving as legal counsel to Cornerstone Building Brands.
UBS, Barclays, BNP Paribas Securities Corp., Goldman Sachs, Jefferies, Natixis, New York Branch, RBC Capital Markets, and Societe Generale are providing financial advisory services to CD&R. Kirkland & Ellis LLP is serving as legal counsel to CD&R on the transaction and Debevoise & Plimpton LLP is serving as legal counsel to CD&R on the financing. CD&R has obtained committed financing from Deutsche Bank Securities Inc., UBS Investment Bank, Barclays, BNP Paribas, RBC Capital Markets, Societe Generale, Goldman Sachs, Natixis, New York Branch, Jefferies, Apollo, Blackstone Credit, and U.S. Bank.
About Cornerstone Building Brands, Inc:
Cornerstone Building Brands is the largest manufacturer of exterior building products by sales for residential and low-rise non-residential buildings in North America. Headquartered in Cary, N.C., we serve residential and commercial customers across the new construction and repair and remodel markets. Our market-leading portfolio of products spans vinyl windows, vinyl siding, stone veneer, metal roofing, metal wall systems and metal accessories. Cornerstone Building Brands’ broad, multichannel distribution platform and expansive national footprint includes more than 20,000 employees at manufacturing, distribution and office locations throughout North America. Corporate stewardship and environmental, social and governance (ESG) responsibility are embedded in our culture. We are committed to contributing positively to the communities where we live, work and play.
About Clayton, Dubilier & Rice:
Clayton, Dubilier & Rice is a private investment firm with a strategy predicated on building stronger, more profitable businesses. Since its inception, CD&R has managed the investment of more than $40 billion in over 100 companies with an aggregate transaction value of over $175 billion.