News

Norwalk, Conn. – September 22, 2026 -- Heartwood Partners has made a growth investment in The Xtreme Group (TXG), a Miami-based aviation MRO platform, in partnership with the company's existing management team, the private equity firm announced. The transaction closed on May 29, 2026.

TXG operates a full-service MRO platform across three subsidiaries

Founded in 2013, TXG runs Xtreme Aviation LLC, an FAA Part 145 certificated provider of airframe maintenance and line maintenance across major U.S. airports; Ignite Aero Engines, which specializes in CFM56 and CFM34 turbine engine overhaul; and Aventus Air Leasing II, which handles acquisition, refurbishment, and leasing of aircraft and engines. The company serves cargo, commercial, and charter operators from its Miami headquarters.

Los Angeles – September 22, 2026 -- Composition Wealth, a registered investment advisor managing more than $12 billion in assets, has appointed Gabrielle Glemann as General Counsel and Chief Compliance Officer and Joe Salcido as Head of Advisors, adding two executives with a combined 40 years of industry experience to its 125-employee national platform.

Calgary – September 22, 2026 -- Forty-one percent of adults under 45 in the U.S. and Canada now pay for services that family and friends once provided, more than double the 18% reported by adults aged 62-80, according to a new study from Cashew Research.

The survey of 2,002 adults, titled The Capacity Gap, found that social support networks remain intact but are failing to convert into practical help. Seventy percent of respondents said they have a good emotional support system and 67% feel connected to a community, yet a widening share are turning to paid services to fill the gap between having support and having the time to use it.

Greenwich, Conn. – – September 22, 2026 -- Hunt Scanlon Ventures, an M&A advisory firm focused on human capital markets, has completed an investment in millionways, a New York-based AI lab building what it calls a behavioral intelligence layer for artificial intelligence systems.

millionways built a proprietary Large Psychology Model to decode human behavior

The company's platform, Thorsten-4, is designed to interpret human signals, motives, communication patterns and behavior for use in AI governance, executive hiring, talent management, leadership assessment and broader enterprise settings. Thorsten-4 draws on more than a decade of proprietary psychological research and 35 million tagged words of behavioral data, according to the company, which is led by co-founders Martin Cordsmeier and Max Weidemann.

Las Vegas – September 22, 2026 -- Hyperscale Data, Inc. (NYSE American: GPUS) is moving to spin off its Bitcoin mining operations into a new subsidiary, Patriot BTC, separating the business from the company's Michigan AI data center strategy.

Patriot BTC would initially hold Montana data center and mining fleet

Under the proposed structure, Hyperscale Data intends to transfer all operating assets tied to its cryptocurrency mining business to Patriot BTC. These include the company's Montana data center and related infrastructure, along with its Bitcoin miners, mining equipment and associated mining infrastructure.

Santa Clara, Calif. – September 22, 2026 -- Aeonsemi, Inc. has introduced the Praxium PHY family, a line of multi-gigabit Ethernet transceivers delivering data rates up to 10 Gbps in a 6 x 6 mm QFN package for robots, autonomous vehicles and industrial machines.

Praxium cuts power to as low as 350 mW for 10 Gbps sensor links

The chips support IEEE 802.3ch standards for 10GBASE-T1, 5GBASE-T1 and 2.5GBASE-T1 operation, and use Energy-Efficient Ethernet on lower-speed uplinks to reach the 350 mW figure for asymmetric 10 Gbps connections. The family targets cameras, LiDAR, zone controllers and network backbones inside Physical AI systems where component size and power budgets are constrained.

San Francisco – September 22, 2026 -- Owl Ventures, the world's largest venture capital firm focused on education and workforce innovation, has named NBA legend Chris Paul as Venture Partner, adding a high-profile figure to a firm managing more than $2.2 billion in committed capital.

Owl Ventures backs over 100 companies reaching 700 million users worldwide

The firm operates three global offices and has made over 100 investments in companies helping people learn, prepare for work, and build skills throughout their careers. Its portfolio companies collectively reach more than 700 million users globally.

Elkhart, Ind. – September 22, 2026 -- THOR Industries reported fiscal 2026 net sales of $9.61 billion and net income attributable to THOR of $177.5 million, exceeding the high end of its guidance despite a prolonged downturn in the North American RV retail market.

Fourth-quarter net sales reached $2.31 billion as North American shipments fell sharply

THOR posted fourth-quarter net sales of $2.31 billion, net income attributable to THOR of $40.8 million and EBITDA of $130.0 million. Adjusted EBITDA came in at $131.7 million, excluding nonrecurring restructuring costs and investment gains. North American Towable RV net sales declined on a 19.7% drop in unit shipments, with fifth wheel shipments down 34.7%, while gross margin in that segment fell 280 basis points. North American Motorized net sales fell 10.4% on a 13.1% unit shipment decline, with gross margin down 600 basis points.

Cologne – – September 22, 2026 -- Smart home appliance brand CHiQ sponsored Germany's inaugural ITF Juniors Wheelchair Tournament, held September 19–20 at the Marienburger Sport-Club in Cologne. The event followed CHiQ's August backing of the Para Youth Development Day, marking the company's expansion from grassroots activities into elite youth competition sponsorship.

Tournament draws competitors from five European countries

The field included young athletes from Germany, the Netherlands, Austria, Belgium and the United Kingdom. Both seasoned players and newcomers making their international debut competed, using the event as a springboard toward higher-level tournaments.

Holon, Israel – September 22, 2026 -- Compugen Ltd. (NASDAQ: CGEN) (TASE: CGEN) will host a virtual key opinion leader event on October 5, 2026 at 8:00 AM ET, presenting new detail on COM701, its anti-PVRIG antibody candidate for relapsed platinum-sensitive ovarian cancer (PSOC).

Harvard oncologist to preview MAIA-ovarian trial design and timeline

Oladapo Yeku, M.D., Ph.D., FACP, of Harvard Medical School and Massachusetts General Hospital, will join Compugen management to discuss the randomized MAIA-ovarian adaptive platform trial. The study evaluates COM701 as a maintenance therapy in relapsed PSOC patients, with median progression-free survival data from the interim analysis expected by Q1 2027. COM701 has already shown initial anti-tumor activity and a favorable safety and tolerability profile in Phase 1 studies as monotherapy and in combination regimens.