King & Spalding

EY Announces Scott MacKenzie of RevSpring as an Entrepreneur Of The Year® Southeast Award Finalist

Retrieved on: 
Giovedì, Maggio 2, 2024

NASHVILLE, Tenn., May 2, 2024 /PRNewswire-PRWeb/ -- Ernst & Young LLP (EY US) today announced that CEO Scott MacKenzie of RevSpring was named an Entrepreneur Of The Year® 2024 Southeast Award finalist. The Southeast program celebrates entrepreneurs from Alabama, Georgia, North Carolina, South Carolina and Tennessee. Now in its 38th year, Entrepreneur Of The Year is the preeminent competitive business award for audacious leaders who disrupt markets, revolutionize sectors and have a transformational impact on lives. Over the past four decades, the program has recognized the daring entrepreneurs with big ideas and bold actions that reshape our world.

Key Points: 
  • NASHVILLE, Tenn., May 2, 2024 /PRNewswire-PRWeb/ -- Ernst & Young LLP (EY US) today announced that CEO Scott MacKenzie of RevSpring was named an Entrepreneur Of The Year® 2024 Southeast Award finalist.
  • Over the past four decades, the program has recognized the daring entrepreneurs with big ideas and bold actions that reshape our world.
  • Scott MacKenzie was one of 34 regional entrepreneurs selected as finalists by an independent panel of judges.
  • "I am honored to be named an EY Entrepreneur Of The Year finalist," said Scott MacKenzie.

Keyloop completes the acquisition of Automotive Transformation Group (ATG)

Retrieved on: 
Giovedì, Maggio 2, 2024

Keyloop, a global automotive technology company, has today announced the completion of the acquisition of ATG, an innovative provider of automotive technology focused on omnichannel retail solutions.

Key Points: 
  • Keyloop, a global automotive technology company, has today announced the completion of the acquisition of ATG, an innovative provider of automotive technology focused on omnichannel retail solutions.
  • This follows the announcement of entering into a definitive agreement on 10th April 2024.
  • View the full release here: https://www.businesswire.com/news/home/20240502903241/en/
    Keyloop completes the acquisition of Automotive Transformation Group (ATG) (Graphic: Business Wire)
    The acquisition is a significant step in accelerating the delivery of Keyloop’s Experience-First blueprint across the lifetime of vehicle ownership, supporting automotive retailers and OEMs in their delivery of exceptional customer experiences.
  • Keyloop is being advised by King & Spalding and Paul Hastings LLP.

Voto Latino Announces Honorees for 16th Annual Our Voices Celebration

Retrieved on: 
Martedì, Aprile 23, 2024

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.

Keyloop Enters Into Definitive Agreement to Acquire Automotive Transformation Group (ATG) to Accelerate Fully Integrated Omnichannel Retailing Within the Automotive Sector

Retrieved on: 
Mercoledì, Aprile 10, 2024

Keyloop, a leading global automotive technology company, today announced it has entered into a definitive agreement to acquire ATG, an innovative provider of automotive technology focused on omnichannel retail solutions.

Key Points: 
  • Keyloop, a leading global automotive technology company, today announced it has entered into a definitive agreement to acquire ATG, an innovative provider of automotive technology focused on omnichannel retail solutions.
  • The global automotive industry faces significant change, including rising customer expectations.
  • A seamless experience across both digital and physical touchpoints is a vital goal for the industry.
  • Keyloop’s vision puts accurate data at the core of its solutions to make it accessible at the right moment.

Gamida Cell Announces Commencement of Restructuring Process Supported by Highbridge Capital Management

Retrieved on: 
Mercoledì, Marzo 27, 2024

BOSTON and NEW YORK, March 27, 2024 (GLOBE NEWSWIRE) -- Gamida Cell Ltd. (Nasdaq: GMDA), a cell therapy pioneer working to turn cells into powerful therapeutics, today announced that it has entered into a Restructuring Support Agreement (the “RSA” or “transaction”) with certain funds managed by Highbridge Capital Management, LLC (“Highbridge”), the Company’s principal lender. The transaction is anticipated to provide Gamida Cell with a long-term financial runway and support the ongoing commercialization of Omisirge® (omidubicel-onlv) and is expected to be completed through a voluntary Israeli restructuring proceeding.

Key Points: 
  • “In March 2023, Gamida Cell embarked on an extensive strategic process to address its capital structure and liquidity constraints by partnering Omisirge with a third party,” said Abbey Jenkins, President and Chief Executive Officer of Gamida Cell.
  • The Company will receive $30 million of new capital from Highbridge on the effective date of the restructuring.
  • Gamida Cell will become a private company, wholly owned by Highbridge, and the Company’s outstanding ordinary shares are expected to be canceled.
  • “Despite Gamida Cell’s financial struggles, we believe in the potential of Omisirge to fulfill an important unmet need in stem cell transplant,” said Jonathan Segal, Co-Chief Investment Officer at Highbridge Capital Management.

Dude Perfect® and Highmount Capital® Announce Partnership Inclusive of Strategic Growth Capital

Retrieved on: 
Martedì, Aprile 9, 2024

FRISCO, Texas, April 9, 2024 /PRNewswire/ -- Dude Perfect®, the leading family-friendly sports and entertainment group, and Highmount Capital®, a private investment firm focused on early growth-stage and middle market investments in transformative technology, media and growth-oriented platforms, today announced a strategic partnership to fuel Dude Perfect's growth and influence on and beyond traditional channels. The partnership includes a 9-figure growth capital investment, which Dude Perfect will use to pursue bold new opportunities and projects, add to their slate of creative partnerships, and build a robust management team to lead the group to new heights.

Key Points: 
  • The partnership includes a 9-figure growth capital investment, which Dude Perfect will use to pursue bold new opportunities and projects, add to their slate of creative partnerships, and build a robust management team to lead the group to new heights.
  • "The mission of Dude Perfect is to serve families with the most trusted entertainment on earth," said Coby Cotton from Dude Perfect.
  • "The name 'Dude Perfect' is synonymous with creative, fun, and wholesome entertainment at the intersection of sports and comedy.
  • CAA Evolution served as the exclusive financial advisor to Dude Perfect and King & Spalding acted as its legal advisor.

Pembina Pipeline Corporation Announces Significant Milestones Achieved on Cedar LNG

Retrieved on: 
Giovedì, Aprile 4, 2024

In addition, Pembina has executed an identical bridging agreement with Cedar LNG for 1.5 mpta.

Key Points: 
  • In addition, Pembina has executed an identical bridging agreement with Cedar LNG for 1.5 mpta.
  • Cedar LNG has secured a 20-year take-or-pay, fixed toll contract with ARC Resources for 1.5 million mtpa of LNG.
  • "We are proud to partner with Cedar LNG, the Haisla Nation and Pembina Pipeline who share our commitment to responsible energy development."
  • Once operational, Cedar LNG is expected to generate annual run-rate adjusted EBITDA of US$200 million to US$260 million, net to Pembina.

Acorda Therapeutics and Merz Announce Signing of “Stalking Horse” Asset Purchase Agreement

Retrieved on: 
Lunedì, Aprile 1, 2024

Acorda Therapeutics, Inc. (Nasdaq: ACOR) (“Acorda” or “the Company”) today announced that it has entered into an asset purchase agreement with Merz Therapeutics to purchase substantially all of the assets of Acorda, including the rights to INBRIJA, AMPYRA, and FAMPYRA for $185 million.

Key Points: 
  • Acorda Therapeutics, Inc. (Nasdaq: ACOR) (“Acorda” or “the Company”) today announced that it has entered into an asset purchase agreement with Merz Therapeutics to purchase substantially all of the assets of Acorda, including the rights to INBRIJA, AMPYRA, and FAMPYRA for $185 million.
  • Merz Therapeutics, a leader in the field of neurotoxins, is a business of the global family-owned company Merz, headquartered in Frankfurt am Main, Germany.
  • The decision to file for Chapter 11 protection follows a lengthy strategic review during which the Company explored a wide range of strategic options.
  • Upon court approval, Acorda expects to minimize the impact of the bankruptcy process on its employees, customers, patients, and other key stakeholders.

Ronald Hewitt Joins Seward & Kissel’s Global Banking and Corporate Trust Group

Retrieved on: 
Lunedì, Marzo 18, 2024

Seward & Kissel LLP announced today that Ronald A. Hewitt , formerly with Covington & Burling LLP, has joined the firm’s New York office as a partner in the Global Banking and Corporate Trust Group .

Key Points: 
  • Seward & Kissel LLP announced today that Ronald A. Hewitt , formerly with Covington & Burling LLP, has joined the firm’s New York office as a partner in the Global Banking and Corporate Trust Group .
  • View the full release here: https://www.businesswire.com/news/home/20240318527179/en/
    Ronald Hewitt Joins Seward & Kissel’s Global Banking and Corporate Trust Group (Photo: Business Wire)
    In a tenure spanning nearly two decades at Covington, Hewitt represented institutional clients in all aspects of finance, corporate restructuring, capital markets, and derivative transactions, as well as related regulatory compliance.
  • “Ron’s breadth of expertise in non-distressed and distressed financial transactions immediately strengthens our team in the Global Banking and Corporate Trust Group,” said Jim Cofer , managing partner of Seward & Kissel.
  • “Ron’s commercial approach to solving complex issues and his focus on delivering elite client service squarely align with the group’s core values,” added Gregg Bateman , head of Seward & Kissel’s Global Banking and Corporate Trust Group.

Ridgewood Infrastructure Announces Structured Equity Investment in MN8 Energy, One of America's Largest Privately Owned Solar Energy Companies

Retrieved on: 
Lunedì, Aprile 1, 2024

NEW YORK, April 1, 2024 /PRNewswire/ -- Ridgewood Infrastructure LLC ("Ridgewood"), a leading investor in essential infrastructure in the U.S., today announced a strategic investment in MN8 Energy, LLC ("MN8"), one of America's largest independent U.S. solar energy producers.

Key Points: 
  • NEW YORK, April 1, 2024 /PRNewswire/ -- Ridgewood Infrastructure LLC ("Ridgewood"), a leading investor in essential infrastructure in the U.S., today announced a strategic investment in MN8 Energy, LLC ("MN8"), one of America's largest independent U.S. solar energy producers.
  • This investment will help facilitate the ongoing growth of MN8's portfolio of solar, storage, and EV charging projects.
  • "Ridgewood Infrastructure is committed to investing in companies that lead the way in sustainability-focused infrastructure.
  • Our investment in MN8 reflects our dedication to supporting renewable energy initiatives that not only benefit the environment but also offer long-term, sustainable solutions for communities," said Michael Albrecht, Managing Partner of Ridgewood Infrastructure.