Aug 12, 2022

NAVEX

Mair

NAVEX, a risk and compliance management software firm, announced Julia Mair has been named the company's chief marketing officer, reporting directly to CEO and president, Sean Thompson. A business-to-business marketing veteran, Mair joins NAVEX from Clarivate, a publicly held information services company based in more than 40 countries, where she served as chief marketing, communications & sustainability officer. She also held the CMO role at Sterling, a publicly held background and identity solutions company, and served in various senior leadership roles at The Wall Street Journal, Dow Jones, and LexisNexis. NAVEX is headquartered in Portland.

UnitedHealthcare

UnitedHealthcare is awarding $1 million in Empowering Health grants to four community-based organizations in Washington state to expand access to care and address the social determinants of health for uninsured individuals and underserved communities. In total, UnitedHealthcare is donating $11 million in grants through its Empowering Health program across 11 states. The grants will assist individuals and families experiencing challenges from food insecurity, social isolation and behavioral health issues, and support local health promotion and health literacy efforts. Grant recipients in Washington include: University of Washington School of Mental Health Assessment, Research, and Training Center in partnership with the Richland and Medical Lake School Districts; The American Indian Community Center, Goodheart Behavioral Health, Spokane; Perinatal Support Washington, statewide; and National Alliance on Mental Illness Yakima, Yakima, Wapato and Toppenish.

Alaska Broadband Grant

More than 1,000 rural Alaskans in five communities along the Yukon River will receive affordable, high-speed internet for the first time thanks to a tribal broadband grant funded by the National Telecommunications and Information Administration. The collaboration between Doyon, Limited and Alaska Communications will connect one of the most underserved regions in the United States with a fiber-optic cable that will be the foundation for expanding broadband to communities in the region. The communities served include Fort Yukon, Beaver, Stevens Village, Rampart, and Tanana. Alaska Communications will deploy a fiber-to-the-home network in each community, offering up to Gigabit speed service at affordable rates. The network will connect to the Alaska Communications' core fiber network in Fairbanks, Alaska. The project is part of the Alaska FiberOptic Project, a larger collaboration between Calista Corporation, Doyon, Limited, Gana-A Yoo Limited and Alaska Communications to connect up to 20 communities along the Yukon and Kuskokwim Rivers with fiber-optic cable. This segment is the first of three segments to get funding. Alaska Communications will begin the permit and construction process as quickly as possible. Headquartered in Fairbanks, Doyon has more than 20,100 shareholders and was established under the 1971 Alaska Native Claims Settlement Act. Doyon has subsidiaries in oilfield services, government contracting, and tourism, is also the largest private landowner in Alaska and one of the largest in North America.

Aug 11, 2022

Starbucks

Starbucks, in partnership with Volvo Cars, announced the first Starbucks stores where new electric vehicle chargers, powered by ChargePoint Holdings, will be available to customers and members of the public. Four charging stations have been installed at the first Starbucks location in Provo, Utah, and additional places to charge will be positioned along a 1,350-mile route that winds through national forests and major community hubs from the Colorado Rockies to the Starbucks Support Center in Seattle. By the end of the year, up to 60 fast chargers will be installed at up to 15 Starbucks stores approximately every 100 miles along the route. While drivers of any EV equipped with a standard receptacle will be able to use these stations for a fee, drivers of Volvo cars will have access to these stations at no charge or at preferential rates. Planned EV charger-enabled Starbucks locations along the route include stores in Seattle, Issaquah and Yakima.

Accelalpha

Bellevue-based Accelalpha, a portfolio company of Century Park Capital Partners, has completed the acquisition of Frontera Consulting, a provider of implementation and management of Oracle Cloud applications. The combination expands the reach of both firms' services. Founded in 2008, Frontera was one of the first Oracle Partners to focus on Oracle Cloud applications. Kevin Beyer, managing partner at Frontera, will continue to lead the Frontera operating unit within the Accelalpha family. Frontera is headquartered in New York. Accelalpha leverages its expertise in end-to-end enterprise solution implementations to help companies build integrated logistic capabilities, optimize sales processes, modernize the supply chain, and realize benefits of the cloud. Century Park Capital Partners is a Los Angeles-based private equity group established in 2000.

Pacific Power Group

Motor Services Hugo Stamp has acquired Pacific Power Group, a provider of products, parts and maintenance, repair, and overhaul services (MRO) for marine, energy, commercial and industrial equipment. Both PPG and MSHS will maintain their current brand names. Additionally, the acquisition strengthens PPG's and MSHS's geographic footprint through the addition of PPG's nine facilities across the Western United States, Alaska, Hawaii, and the Gulf of Mexico, which are supplemented by MSHS's facilities across the Eastern United States, Gulf of Mexico, and Pacific Northwest. PPG is headquartered in Vancouver. Headquartered in Fort Lauderdale, Florida, MSHS is an independent MRO services provider for marine, defense/government, and power generation applications.

Smartsheet

Bellevue-based Smartsheet has appointed Dennis Durkin to its board of directors. He will also serve on the board's Audit Committee. Durkin is the former chief financial officer of Activision Blizzard and chief operating and financial officer of Microsoft's Interactive Entertainment Business. During his tenure at Activision Blizzard, including over seven years as CFO, he helped grow the company's enterprise value from approximately $10 billion to more than $70 billion. Prior to that, Durkin spent nearly 13 years at Microsoft, where he was most recently the CFO and COO of the Interactive Entertainment Business, which included the Xbox, Xbox Live and Games businesses. Durkin holds a BA in Government from Dartmouth College and an MBA from Harvard Business School.

Cushman & Wakefield

O'Connor

Brian O'Connor and his eponymous consulting group have moved under the umbrella of Cushman & Wakefield, the firm recently announced. He and six colleagues will join the valuation and advisory unit, with a focus on multifamily and condominium development. Coming along for the ride are Soryun Fitzpatrick, Brian Mitchell, Howard Ruthman, Scott Wilson, Kellen O'Connor and Raphael Nunziata.

Juniper Capital

Grose

Juniper Capital announced that Jared Grose has joined its ranks as a VP of business development. He makes the move from WeWork. Juniper says that Grose has aided in over $250 million in residential transactions, and $56 million in commercial transactions, during 11 years in real estate. He said on the company blog, “I am excited to be in a position where we are creating win/win situations for borrowers. We can empower all different types of real estate investors — whether that is multifamily, office, retail, hospitality, land development, construction or anything between.”

A shared deal at Neil Walter

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Lucas Denney at Neil Walter Co. announced the successful recent sale of an industrial building at 4725 W. Marginal Way S.W. The 5,880-square-foot building sold for the asking price, a bit under $1.9 million, or nearly $319 per square foot. There were three offers on the property, says Denney, which went to a local investor. Joining him in the effort was erstwhile colleague Kevin Skillestad, now with KBC Advisors. For now, the sole tenant still appears to be AirClean Energy Shop.