Shearman

TPG Completes Acquisition of Angelo Gordon

Retrieved on: 
Giovedì, Novembre 2, 2023

TPG Inc. (NASDAQ: TPG), a leading global alternative asset management firm, today announced the successful completion of its previously announced acquisition of Angelo Gordon.

Key Points: 
  • TPG Inc. (NASDAQ: TPG), a leading global alternative asset management firm, today announced the successful completion of its previously announced acquisition of Angelo Gordon.
  • Moving forward, Angelo Gordon will operate as TPG Angelo Gordon, a $74 billion[1] diversified credit and real estate investing platform within TPG.
  • “As we continue to operate and invest in dynamic markets, the addition of Angelo Gordon expands our capabilities and creates highly compelling investment opportunities.
  • Goldman Sachs & Co. LLC and Piper Sandler acted as financial advisor to Angelo Gordon and Paul, Weiss, Rifkind, Wharton & Garrison LLP served as legal counsel.

Hitachi Energy acquires eks Energy

Retrieved on: 
Martedì, Ottobre 24, 2023

Strategic acquisition adds advanced power electronics and energy management software capabilities to meet accelerated, global demand for battery energy storage solutions

Key Points: 
  • Strategic acquisition adds advanced power electronics and energy management software capabilities to meet accelerated, global demand for battery energy storage solutions
    ZURICH, SWITZERLAND, Oct 24, 2023 - (JCN Newswire) - Hitachi Energy, a global technology leader that is advancing a sustainable energy future for all, announced today that it has acquired a controlling stake of eks Energy, a leading supplier of power electronics and energy management solutions for storage and renewables integration, based in Seville, Spain, from Powin LLC (Powin), a top global energy storage system provider.
  • We look forward to continuing to work with eks Energy and Hitachi Energy to bring more projects like WSB to the world."
  • The addition of eks Energy to the Hitachi Energy portfolio demonstrates accelerated traction on the company's 2030strategic growth plan.
  • Hitachi Energy is continuously strengthening its power grids core business while advancingthe world's energy system to be more sustainable, flexible and secure.

Hitachi Energy acquires eks Energy

Retrieved on: 
Martedì, Ottobre 24, 2023

Zurich, Switzerland, Oct. 24, 2023 (GLOBE NEWSWIRE) -- Hitachi Energy, a global technology leader that is advancing a sustainable energy future for all, announced today that it has acquired a controlling stake of eks Energy, a leading supplier of power electronics and energy management solutions for storage and renewables integration, based in Seville, Spain, from Powin LLC (Powin), a top global energy storage system provider.

Key Points: 
  • Zurich, Switzerland, Oct. 24, 2023 (GLOBE NEWSWIRE) -- Hitachi Energy, a global technology leader that is advancing a sustainable energy future for all, announced today that it has acquired a controlling stake of eks Energy, a leading supplier of power electronics and energy management solutions for storage and renewables integration, based in Seville, Spain, from Powin LLC (Powin), a top global energy storage system provider.
  • The investment also marks the establishment of a strategic partnership with Powin, who maintains a significant ownership stake in eks Energy.
  • We look forward to continuing to work with eks Energy and Hitachi Energy to bring more projects like WSB to the world.”
    The addition of eks Energy to the Hitachi Energy portfolio demonstrates accelerated traction on the company’s 2030 strategic growth plan .
  • Hitachi Energy is continuously strengthening its power grids core business while advancing the world’s energy system to be more sustainable, flexible and secure.

Lowenstein Sandler Further Expands Investment Management and Private Funds Team with New Partner Michael D. Saarinen

Retrieved on: 
Martedì, Ottobre 24, 2023

NEW YORK, Oct. 24, 2023 /PRNewswire/ -- Lowenstein Sandler has announced today that Michael D. Saarinen has joined its Investment Management Group as a partner in its New York office.

Key Points: 
  • NEW YORK, Oct. 24, 2023 /PRNewswire/ -- Lowenstein Sandler has announced today that Michael D. Saarinen has joined its Investment Management Group as a partner in its New York office.
  • Saarinen was formerly a partner in Shearman & Sterling's investment funds practice, and he is the latest of leading investment management lawyers to join Lowenstein, following the September additions of Jonathan A. Danziger and Kevin S. Zadourian .
  • Robert G. Minion , Chair of Lowenstein's Investment Management Group, says: "Michael is a fantastic addition to our Investment Management practice.
  • Marie T. DeFalco , Co-chair of Lowenstein's Investment Management Group, adds: "Michael's decision to join Lowenstein is a testament to our firm's robust and innovative Investment Management Group.

J.F. Lehman & Company Completes Acquisition of Heritage-Crystal Clean, Inc.

Retrieved on: 
Martedì, Ottobre 17, 2023

Lehman & Company (“JFLCO”), a leading private equity investment firm focused on the aerospace, defense, maritime and environmental sectors, completed its acquisition of Crystal Clean for $45.50 per share in an all-cash transaction that valued Crystal Clean at approximately $1.2 billion.

Key Points: 
  • Lehman & Company (“JFLCO”), a leading private equity investment firm focused on the aerospace, defense, maritime and environmental sectors, completed its acquisition of Crystal Clean for $45.50 per share in an all-cash transaction that valued Crystal Clean at approximately $1.2 billion.
  • With the completion of the transaction, Crystal Clean’s common stock has ceased trading and is no longer listed on the NASDAQ Global Select Market.
  • William Blair & Company served as financial advisor to Crystal Clean, Stifel delivered a fairness opinion to Crystal Clean with respect to the transaction, and McDermott Will & Emery LLP served as legal counsel to Crystal Clean.
  • Houlihan Lokey, Inc. served as lead financial advisor to JFLCO, and Jefferies LLC also served as financial advisor to JFLCO; Shearman & Sterling LLP and Jones Day served as legal counsel to JFLCO.

A&O SHEARMAN MERGER APPROVED

Retrieved on: 
Venerdì, Ottobre 13, 2023

Allen & Overy and Shearman & Sterling today announce that the partnerships of both firms have voted in favor of merging to create A&O Shearman.

Key Points: 
  • Allen & Overy and Shearman & Sterling today announce that the partnerships of both firms have voted in favor of merging to create A&O Shearman.
  • This merger will combine two of the world’s most prestigious law firms, with complementary strengths and cultures.
  • Shearman & Sterling LLP practices in Italy in association with Studio Legale Associato Shearman & Sterling.
  • Shearman & Sterling LLP operates in association with The Law Firm of Dr. Sultan Almasoud for the practice of law in Saudi Arabia.

Dime Community Bancshares Inc. Appoints Judith H. Germano to its Board of Directors

Retrieved on: 
Giovedì, Settembre 28, 2023

HAUPPAUGE, N.Y., Sept. 28, 2023 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the “Company” or “Dime”), the parent company of Dime Community Bank (the “Bank”) announced the appointment of Judith H. Germano to the Board of Directors effective as of September 28, 2023.

Key Points: 
  • HAUPPAUGE, N.Y., Sept. 28, 2023 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the “Company” or “Dime”), the parent company of Dime Community Bank (the “Bank”) announced the appointment of Judith H. Germano to the Board of Directors effective as of September 28, 2023.
  • Ms. Germano will fill the position vacated by the retirement of Marcia Z. Hefter.
  • Kenneth J. Mahon, Executive Chairman of Dime, said “Judith has extensive and valuable experience in cybersecurity, data privacy, compliance and risk management.
  • Ms. Germano specializes in cybersecurity and privacy, financial regulation and compliance, and risk management and strategy.

Faraday Future Appoints Scott Graziano, Senior Legal Executive with Extensive U.S. Public Company Experience, as Global General Counsel

Retrieved on: 
Martedì, Settembre 26, 2023

In his new role, Mr. Graziano will report to the CEO of FF, and will serve on the Company’s executive leadership team.

Key Points: 
  • In his new role, Mr. Graziano will report to the CEO of FF, and will serve on the Company’s executive leadership team.
  • View the full release here: https://www.businesswire.com/news/home/20230925744903/en/
    Faraday Future Appoints Scott Graziano, Senior Legal Executive with Extensive U.S. Public Company Experience, as Global General Counsel (Photo: Business Wire)
    Mr. Graziano has vast experience in managing legal departments at publicly listed companies in the U.S. and working at world-class law firms.
  • With Scott’s onboarding, the Company will continue to strengthen the organization and capabilities of the global legal team.
  • “Scott comes to FF with a wealth of public company legal expertise.

Bracewell Expands Corporate Team in Dubai With Addition of Kasia Lebiecki

Retrieved on: 
Martedì, Settembre 19, 2023

Dubai, United Arab Emirates--(Newsfile Corp. - September 19, 2023) - Bracewell LLP announced today that Kasia Lebiecki has joined the firm's corporate and securities practice as a partner in the Dubai office.

Key Points: 
  • Dubai, United Arab Emirates--(Newsfile Corp. - September 19, 2023) - Bracewell LLP announced today that Kasia Lebiecki has joined the firm's corporate and securities practice as a partner in the Dubai office.
  • "We are excited to welcome Kasia to the firm," said Bracewell Managing Partner Gregory M. Bopp.
  • Lebiecki has extensive experience representing sovereign-owned, corporate and private equity clients on global M&A transactions, predominately in the energy sector.
  • In addition, Lebiecki was seconded with the strategic M&A team of HSBC, Hong Kong.

A&O Shearman Merger Continues to Progress as Partners Prepare to Vote

Retrieved on: 
Lunedì, Settembre 18, 2023

New York, Sept. 18, 2023 (GLOBE NEWSWIRE) -- Allen & Overy and Shearman & Sterling continue to make great progress toward creating the unparalleled and fully integrated global elite law firm, A&O Shearman.

Key Points: 
  • New York, Sept. 18, 2023 (GLOBE NEWSWIRE) -- Allen & Overy and Shearman & Sterling continue to make great progress toward creating the unparalleled and fully integrated global elite law firm, A&O Shearman.
  • All transaction milestones have been met thus far and support for the combination among clients, partners, and colleagues has been overwhelmingly positive worldwide.
  • A&O Shearman will be the only global firm with U.S. law, English law, and local law capabilities in equal measure.
  • The proposed merger is subject to customary closing conditions, including a vote of the partners of each of the respective firms.