Tuesday, December 6, 2022

RODI Systems Corporation Partners With Cimbria and Selects Brian Iversen as Strategic Advisor

AZTEC, N.M. - October 25, 2022 - (Newswire.com)

RODI Systems Corp., a U.S.-based company providing custom-designed reverse osmosis (RO), nanofiltration (NF), and ultrafiltration (UF) systems and controllers, today announced that Cimbria Capital's Brian V. Iversen has joined as Strategic Advisor. He will serve as Strategic Advisor to RODI's Board of Directors and management team on questions of finance, organizational structure, and go-to-market strategies. Mr. Iversen will work tightly with RODI co-founders, Patty Vance, Vice President and Business Manager, and Stan Lueck, President and Technical Manager, who bring decades of experience in designing and fabricating high-performance water treatment systems utilizing state-of-the-art technologies. RODI has worked on five continents and its customer list includes reputable entities such as Anheuser-Busch, Intel, Siemens, Nalco, the U.S. Army, and General Electric that have repeatedly found value in RODI's technical support and end-to-end water treatment application expertise.

"Mr. Iversen's strategic inclusion on our team is the first step in developing a longer-term investment relationship between Cimbria and RODI to capture valuable markets in seawater and brackish water desalination, industrial wastewater reuse, and high purity and ultrapure water," said Stan Lueck, President of RODI. "His hands-on business approach and global investment capabilities will help us achieve the outperformance we see possible in our core work."

RODI's turnkey water treatment systems - including containerized and skid-mounted systems and instrumentation and control products for RO control, filtration control, silt density index (SDI) measurement, and detection of high purity water leaks - are increasingly demanded by large and water-intensive sectors like metal finishing, food processing plants, oil and gas, municipalities, lithium battery recycling and electric vehicle battery manufacturing. Rapidly expanding blue and green hydrogen production facilities are also key customers depending upon RODI's water treatment systems.

"With over 40 years as a technical professional and entrepreneur, Mr. Lueck has helped build RODI into a company repeatedly depended upon by some of the largest industrials in the world due to its high performance and resilient line of proprietary products for virtually all areas of water treatment," said Brian V. Iversen, Managing Partner of Cimbria Capital. "I'm very excited to serve RODI as we work towards expanding the company's market footprint and building a winning investment case for years to come."

About RODI Systems: 
RODI is a multi-faceted design and manufacturing business specializing in high-performance water treatment technology. RODI provides a large line of proprietary products for virtually all areas of water treatment, including membrane-based water treatment systems for seawater desalination, wastewater treatment, water purification, and production of high-purity feedstock for green and blue hydrogen generation.

About Cimbria Capital:
Cimbria Capital is a private equity investment firm conducting growth capital buyout investments focused on the Water Economy in North America and the Nordics. Cimbria is headquartered in Houston, Texas; Milwaukee, Wisconsin; and Denmark.

To learn more about RODI Systems or Cimbria Capital, please contact [email protected] or [email protected]


Contact Information:
Noah Sabich
Partner
[email protected]


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Original Source: RODI Systems Corporation Partners With Cimbria and Selects Brian Iversen as Strategic Advisor
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Kidsy Expands Its Online Marketplace of Secondhand Baby and Kids Products Ahead of Holiday Gift Season

The gently used and open box children's goods reseller launches over 7,000 items for sale, including clothes, furniture, and toys, providing affordable options to combat inflation concerns.

CHICAGO - December 1, 2022 - (Newswire.com)

Kidsy, an online marketplace for parents to buy and sell gently used kids' items across all categories in the U.S., announces a major growth milestone, with over 7,000 products now for sale since its April 2022 launch. This milestone makes Kidsy one of the fastest-growing resellers for products in its category, indicative of a rapidly growing secondhand shopping market as parents seek out cost-effective options as inflation hits a 40-year high.

The U.S. secondhand baby and kids products market is expected to reach $12.8 billion by 2030, driven by advancements in technology and a surge in popularity of secondhand marketplaces.

"Over the past few years, I've witnessed a seismic shift among my peers in the way they shop," said Shraysi Tandon, CEO and co-founder of Kidsy. "Gone are the days of clamoring for every item from the hottest new designer collection; that seems so passé today. Parents are now showing off their secondhand purchases and building closets and nurseries out of their lucky finds. There's an appreciation for the nostalgia and history attached to secondhand goods. It's so much more enchanting."

Kidsy offers a wide selection of products by eliminating the geographic limitations of a social media marketplace or a local secondhand store. Users can browse through items, including clothes, toys, books, bath items, diapering, travel gear and nursery essentials, and filter their search to find what they are looking for from sellers across the U.S. They are able to message sellers directly, ask questions about an item and even make them an offer, all through the Kidsy platform.

"At Kidsy, we believe the closets and nurseries of the future are circular. The rapid growth of Kidsy is testament to the boom of secondhand shopping, and we expect this trend to continue as more people recognize resale as a powerful solution to wastefulness, not to mention a solution to high prices and inflation," said Sinan Sari, co-founder and CTO of Kidsy. "With the holiday season here, we're excited to provide a resource for parents to find affordable options during an often cash-strapped time of year, and resell some of the gently used items they no longer have a use for."

For the holiday season, Kidsy is offering all customers a $5 coupon redeemable on the Kidsy marketplace between now and Dec. 31, 2022. To take advantage of the promotion, use HOLIDAY5 at checkout. 

Kidsy's parenting blog, answering Google's most frequently asked questions about kids, from feeding and sleep training to educational activities, is now live. 

For the latest news and information on Kidsy's growing online marketplace, visit our website at https://www.kidsy.co/ and follow us on Instagram, Facebook and Twitter.

About Kidsy

Kidsy is an online marketplace for parents to buy and sell gently used and open box kids' items, across all categories, nationally. It is co-founded by journalist Shraysi Tandon and software engineer Sinan Sari, born out of a pain point to solve the issue of finding an affordable and reliable source of secondhand kids' items off of social media platforms. Kidsy launched in April 2022 and has already collected over 7,000 baby and kids items for sale, unlocking access to thousands of children's wardrobes and nurseries across the country and giving parents more choice and affordability when it comes to buying secondhand.


Contact Information:
Shraysi Tandon
Co-Founder
[email protected]


Press Release Service by Newswire.com

Original Source: Kidsy Expands Its Online Marketplace of Secondhand Baby and Kids Products Ahead of Holiday Gift Season
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