Holland & Knight

Dessert Holdings Acquires Kenny’s Great Pies

Retrieved on: 
Mittwoch, Mai 15, 2024
Banking, Supply Chain Management, Restaurant, Bar, Other Retail, Professional Services, Supermarket, Department Stores, Convenience Store, Food, Beverage, Small Business, Retail, Finance, Ropes & Gray, Holland & Knight, PwC, Bain Capital, Growth, Partner, Acquisition, Multimedia, Baking

Dessert Holdings ®, North America’s premium dessert company, today announced that it has acquired Kenny’s Great Pies (“Kenny’s” or “the Company”), a premier manufacturer of high quality, clean label, cream-based pies from Kaho Partners.

Key Points: 
  • Dessert Holdings ®, North America’s premium dessert company, today announced that it has acquired Kenny’s Great Pies (“Kenny’s” or “the Company”), a premier manufacturer of high quality, clean label, cream-based pies from Kaho Partners.
  • The acquisition will complement Dessert Holdings’ existing platform of premium dessert brands serving retail and food service customers.
  • “Kenny’s clean label, flavorful pies are complementary to our portfolio of premium desserts,” said Paul Lapadat, Chief Executive Officer of Dessert Holdings.
  • Dessert Holdings is excited to supplement these relationships and expand the Company’s distribution network.”
    Dessert Holdings’ varied portfolio of premium dessert brands includes Steven Charles, The Original Cakerie, Lawler’s, Atlanta Cheesecake Company, and Dianne’s Fine Desserts.

Excella Caps Year of Major Growth with New Minority Investment Partner

Retrieved on: 
Dienstag, Mai 14, 2024
Data Management, White House, Federal Government, Public Policy, Government, Security, Technology, Other Technology, Software, Partnership, Synthetic media, Growth, Generative, Partner (business rank), Holland & Knight, Cooley LLP, LLP, Night Owl (train), Renewable energy

This partnership comes after Excella continued its record of strong growth in 2023, while becoming well-positioned to expand its capabilities and presence across federal and commercial markets.

Key Points: 
  • This partnership comes after Excella continued its record of strong growth in 2023, while becoming well-positioned to expand its capabilities and presence across federal and commercial markets.
  • The firm primarily invests in companies delivering differentiated technology-enabled solutions and services to government and education clients, making it an ideal partner for Excella.
  • “This investment is a big win for Excella and strengthens our position to execute our strategy,” said Excella CEO and co-founder Burton White.
  • “Our investment in Excella reflects our confidence in their exceptional high-touch service delivery approach and impressive momentum in the market.

Charlesbank Capital Partners Announces the Formation of Kleer-Membersy, Combining the Nation’s Two Largest Tech-Driven Dental Membership Plans

Retrieved on: 
Dienstag, Mai 7, 2024
Dental care, Dentistry, Dentist, Charlesbank Capital Partners, Patient, Acquisition, Holland & Knight, Marketing, Growth

BOSTON, May 07, 2024 (GLOBE NEWSWIRE) -- Charlesbank Capital Partners (“Charlesbank”), a middle-market private investment firm with offices in Boston and New York, today announced the formation of Kleer-Membersy (or the “Company”).

Key Points: 
  • BOSTON, May 07, 2024 (GLOBE NEWSWIRE) -- Charlesbank Capital Partners (“Charlesbank”), a middle-market private investment firm with offices in Boston and New York, today announced the formation of Kleer-Membersy (or the “Company”).
  • The new Company was formed through the acquisition and merger of Kleer and Membersy , the nation’s two largest providers of technology-driven dental membership plans.
  • By bringing these companies together, we fully expect to enhance their ability to serve dental practices and patients nationwide."
  • For Charlesbank, OM Partners served as the financial advisor, and Goodwin acted as legal advisor.

Technology-Enabled Professional Services Firm Sikich Secures $250 Million Minority Growth Investment from Bain Capital

Retrieved on: 
Donnerstag, Mai 9, 2024
Professional Services, Finance, Fintech, Asset Management, Consulting, Accounting, Organization, LLP, Bain Capital, Kirkland & Ellis, Rudy Sikich, Growth, Holland & Knight, Partner

Sikich LLC, a global technology-enabled professional services company, today announced it has received a minority growth investment of $250 million from Bain Capital.

Key Points: 
  • Sikich LLC, a global technology-enabled professional services company, today announced it has received a minority growth investment of $250 million from Bain Capital.
  • This investment positions Sikich to leverage Bain Capital’s deep resources while accelerating continued and aggressive growth, enhancing operational excellence and cementing its professional services leadership position in an industry undergoing rapid consolidation.
  • Sikich maintains majority control of the company and its existing executive and leadership teams, led by Chief Executive Officer, Christopher Geier.
  • Kirkland & Ellis LLP and Hunton Andrews Kurth LLP acted as legal advisors for Bain Capital.

Kalamata.com Closes Securitization of Up to $500 Million to Provide Financing for Small Businesses

Retrieved on: 
Donnerstag, Mai 2, 2024
Finance, Banking, Professional Services, Small Business, Fintech, Holland & Knight, Luigi, KBRA, FICO, Small business, Guggenheim Partners, Record, Growth, Bank

The transaction, which closed on April 9, 2024, involved the issuance of two classes of notes initially totaling $80 million, and expandable up to $500 million.

Key Points: 
  • The transaction, which closed on April 9, 2024, involved the issuance of two classes of notes initially totaling $80 million, and expandable up to $500 million.
  • This milestone is a significant achievement for Kalamata, with KBRA assigning an investment grade “BBB” credit rating to the senior notes.
  • The weighted average credit score of the small business owners, annualized revenue, and time in business in the initial pool is 716, $5.8 million, and 12 years, respectively.
  • Kalamata’s transaction comes at a critical time for small businesses because, unfortunately, recent regional bank troubles have led to an even greater retrenchment of traditional banks’ lending to small businesses.

Verit Advisors® Employees to Present at NCEO Conference

Retrieved on: 
Mittwoch, April 17, 2024
Education, Process, KeyBank, LLP, Intersection, Performance, Advisory board, Conference, ESCA, NCEO, Engineering, ESOP, Employee stock ownership, Holland & Knight, Mergers and acquisitions, Most, Woman, Strategic planning, Management

Chicago, IL, April 17, 2024 (GLOBE NEWSWIRE) -- Mary Josephs and Jake Cravens of Verit Advisors® will present at the 2024 Annual Employee Ownership Conference in Tampa, Florida April 29 through May 1, 2024 hosted by the National Center for Employee Ownership (NCEO) .

Key Points: 
  • Chicago, IL, April 17, 2024 (GLOBE NEWSWIRE) -- Mary Josephs and Jake Cravens of Verit Advisors® will present at the 2024 Annual Employee Ownership Conference in Tampa, Florida April 29 through May 1, 2024 hosted by the National Center for Employee Ownership (NCEO) .
  • This conference provides education about best practices and industry trends in employee ownership.
  • Jake Cravens, Managing Director, Verit Advisors®, will be the session leader for “Successfully Raising Financing for an ESOP” on Tuesday, April 30 at 10:00 AM.
  • The presentations made to lenders play a fundamental role in launching the business and ensuring the ESOP's long-term success.

Contango Announces Acquisition of HighGold

Retrieved on: 
Donnerstag, Mai 2, 2024
Natural Resources, Other Natural Resources, Mining, Minerals, LLP, Risk, Par value, Blake, Cassels & Graydon, Contango, Partnership, Transaction, EST, Holland & Knight, Meeting, News, Gold, VWAP, Agreement, CIRI, Native, Alaska Native corporation, National instrument, PST, Organization, OTCQX, DSO, Senior, 100.9 ZZZ FM, Regulation, Growth

Under the terms of the Agreement, each HighGold share (“HighGold Share”) will be exchanged for 0.019 shares of Contango common stock (each whole share, a “Contango Share”) (the “Exchange Ratio”) based on the respective volume weighted average price (“VWAP”) of Contango for the five-day period ending on May 1, 2024.

Key Points: 
  • Under the terms of the Agreement, each HighGold share (“HighGold Share”) will be exchanged for 0.019 shares of Contango common stock (each whole share, a “Contango Share”) (the “Exchange Ratio”) based on the respective volume weighted average price (“VWAP”) of Contango for the five-day period ending on May 1, 2024.
  • Upon completion of the Transaction, existing Contango shareholders will own approximately 85% and HighGold shareholders will own approximately 15% of the combined company3.
  • In connection with the Transaction, Contango will grant to HighGold the right to appoint one (1) director to its board of directors.
  • Participants may join the webcast using the following call-in details: Contango ORE Announces Acquisition of HighGold (6ix.com)
    Creation of a leading Alaskan gold company with a low-risk and properly sequenced portfolio – Manh Choh is Alaska’s next gold mine with first gold pour expected in the second half of 2024.

Urological Services Has Joined Solaris Health

Retrieved on: 
Mittwoch, Mai 1, 2024
Hospitals, General Health, Health, Practice Management, Holland & Knight, Patient, Lee Equity Partners, Trust

Solaris Health Holdings announced today that Urological Services, of Flint, MI, has joined as an affiliate.

Key Points: 
  • Solaris Health Holdings announced today that Urological Services, of Flint, MI, has joined as an affiliate.
  • Urological Services brings to Solaris the skills and talents of 10 providers who care for over 18,000 unique patients each year.
  • “Partnering with Solaris will expand our capacity to offer a full suite of urologic services, while preserving our autonomy,” said Dr. Jason Evans, Market President at Urological Services.
  • Holland & Knight LLP served as legal counsel to Solaris on the Urological Services deal.

H.I.G. Capital Completes Acquisition of USA DeBusk

Retrieved on: 
Mittwoch, Mai 1, 2024
Banking, Other Energy, Professional Services, Utilities, Oil, Gas, Energy, Asset Management, Other Manufacturing, Other Professional Services, Engineering, Chemicals, Plastics, Finance, Manufacturing, LLP, Jefferies, Partnership, Growth, McDermott Will & Emery, Acquisition, H.I.G. Capital, Workforce, Holland & Knight, Management

"), a leading global alternative investment firm with $60 billion of capital under management, is pleased to announce that one of its affiliates has completed the acquisition of USA DeBusk, LLC (“USA DeBusk” or the “Company”), a leading national provider of mission-critical industrial cleaning and infrastructure maintenance services.

Key Points: 
  • "), a leading global alternative investment firm with $60 billion of capital under management, is pleased to announce that one of its affiliates has completed the acquisition of USA DeBusk, LLC (“USA DeBusk” or the “Company”), a leading national provider of mission-critical industrial cleaning and infrastructure maintenance services.
  • USA DeBusk’s executive team, led by CEO Andrew DeBusk, will continue to lead the Company and remain significant shareholders.
  • Headquartered in Deer Park, TX, USA DeBusk operates from a network of 39 offices across the United States and employs over 2,500 full-time employees.
  • Andrew DeBusk, CEO of USA DeBusk, said, “We are excited to partner with H.I.G.

Voto Latino Announces Honorees for 16th Annual Our Voices Celebration

Retrieved on: 
Dienstag, April 23, 2024
Entertainment, Public Policy, Government, Communications, Events, Concerts, TV and Radio, Film & Motion Pictures, White House, Federal Government, Social Activism, State, Local, Trailblazer, News, White, NBC News, NBCUniversal Television and Streaming, Environment, CNBC, King & Spalding, Warner Bros. Discovery, Holland & Knight, MSNBC, T-Mobile

Voto Latino, the leading civic engagement organization focused on educating and empowering a new generation of Latino voters, announced today the honorees for the 16th annual “Our Voices: Celebrating Diversity in Media” reception.

Key Points: 
  • Voto Latino, the leading civic engagement organization focused on educating and empowering a new generation of Latino voters, announced today the honorees for the 16th annual “Our Voices: Celebrating Diversity in Media” reception.
  • Actor, producer, and activist Wilson Cruz will receive the Trailblazer award for his groundbreaking 30-year career in the entertainment industry.
  • Congratulations to Cesar and Wilson.”
    Our Voices will be held on Friday, April 26 in Washington D.C. in conjunction with the White House Correspondents' Dinner Weekend.
  • The event will be hosted by Voto Latino Co-founder Rosario Dawson and Voto Latino Founding President and CEO María Teresa Kumar.