Core Insights - Consensus Cloud Solutions, Inc. (CCSI) specializes in secure digital document exchange solutions and operates in a competitive landscape with peers such as Ziff Davis, Sterling Check, PC Connection, N-able, and Enfusion [1] - CCSI has a strong Return on Invested Capital (ROIC) of 18.90% compared to a Weighted Average Cost of Capital (WACC) of 8.04%, resulting in a ROIC to WACC ratio of 2.35, indicating effective capital utilization and potential for value creation [2][5] Peer Comparison - Ziff Davis, Inc. has a ROIC of 5.70% and a WACC of 7.37%, leading to a ROIC to WACC ratio of 0.77, suggesting less efficient capital use compared to CCSI [3][5] - Sterling Check Corp. and N-able, Inc. exhibit negative ROIC to WACC ratios of -0.01 and -0.34, respectively, highlighting their inability to generate returns above their cost of capital [3] - PC Connection, Inc. has the highest ROIC to WACC ratio among CCSI's peers at 1.27, but still falls short of CCSI's 2.35 ratio, emphasizing CCSI's superior capital efficiency [4] - Enfusion, Inc. has a ROIC to WACC ratio of 0.40, further underscoring CCSI's leading position in capital utilization [4]

Core Insights - The Brown Capital Management Small Company Fund experienced an 8.59% return in Q2 2025, underperforming the Russell 2000® Growth index which returned 11.97% [1] - The underperformance was noted to occur in the last few weeks of the quarter [1] Fund Performance - Small-cap US stocks rebounded in Q2 2025 after a challenging first quarter [1] - The fund's top five holdings were highlighted as key picks for 2025 [1] Company Focus: Vicor Corporation - Vicor Corporation (NASDAQ:VICR) was mentioned as a notable stock, developing modular power components and systems [2] - Vicor's one-month return was 5.49%, but it experienced a significant decline of 38.15% over the past 52 weeks [2] - As of September 12, 2025, Vicor's stock closed at $50.77 per share, with a market capitalization of $2.281 billion [2] Fund Adjustments - In Q2 2025, there were no new additions to the Small Company Fund, but three stocks were removed: Helios Technologies (HLIO), Enfusion (ENFN), and Vicor Corporation (NASDAQ:VICR) [3]

Group 1 - Brown Capital Management's Small Company Fund reported an 8.59% return in Q2 2025, underperforming the Russell 2000® Growth index which returned 11.97% [1] - The underperformance was attributed to the last few weeks of the quarter [1] - The fund's top five holdings were highlighted as key picks for 2025 [1] Group 2 - Helios Technologies, Inc. (NYSE:HLIO) was mentioned as a notable stock, with a one-month return of 5.46% and a 52-week gain of 29.41% [2] - As of September 12, 2025, Helios Technologies, Inc. had a stock price of $54.30 and a market capitalization of $1.8 billion [2] - The Small Company Fund made three deletions in Q2 2025, including Helios Technologies, Inc. [3]

Core Insights - OPENLANE, Inc. has appointed Brad Herring as EVP and Chief Financial Officer effective May 27, 2025, to enhance its financial management and investor relations capabilities [1][2] Company Overview - OPENLANE operates digital marketplaces for wholesale used vehicles, providing innovative, technology-driven remarketing solutions [4] - The company aims to build the world's greatest digital marketplace for used vehicles, focusing on growth and operational performance [2] Leadership and Experience - Brad Herring brings over 30 years of experience in financial operations, investor relations, and business development, having previously served as CFO for several digitally-forward companies [2][3] - His past roles include CFO positions at Enfusion, Shift4 Payments, and Elavon, as well as progressive financial leadership roles at Equifax, Delta Air Lines, and ING North America [2] Strategic Vision - The appointment of Herring is expected to reinforce OPENLANE's culture of innovation and disciplined financial management, aligning with the company's growth strategy [2][3] - Herring expressed confidence in OPENLANE's ability to deliver growth and value through its technology solutions and scalable financial profile [3]