DLA Piper

EQS-News: GoldenPeaks Capital secures senior and junior financing package for solar PV portfolio in Hungary

Retrieved on: 
月曜日, 6月 17, 2024

GoldenPeaks Capital (“GPC”), one of the fastest growing independent producers of green energy in Europe, has successfully completed the financing of a portfolio of solar PV projects with a total capacity of 64.5 MWp located in Hungary.

Key Points: 
  • GoldenPeaks Capital (“GPC”), one of the fastest growing independent producers of green energy in Europe, has successfully completed the financing of a portfolio of solar PV projects with a total capacity of 64.5 MWp located in Hungary.
  • Erste Group and Erste Bank Hungary provided the senior financing, while the junior piece was backed by a fund managed by the French asset manager Schelcher Prince Gestion (“SPG”).
  • Having established itself as a leading owner of photovoltaic systems in Poland, GoldenPeaks Capital has further expanded into Hungary and successfully secured financing in the market through a unique transaction.
  • The portfolio comprises of two individual solar projects located in the northeast Hungary, with a total capacity of approx.

GoldenPeaks Capital secures senior and junior financing package for solar PV portfolio in Hungary

Retrieved on: 
月曜日, 6月 17, 2024

Erste Group and Erste Bank Hungary provided the senior financing, while the junior piece was backed by a fund managed by the French asset manager Schelcher Prince Gestion (“SPG”).

Key Points: 
  • Erste Group and Erste Bank Hungary provided the senior financing, while the junior piece was backed by a fund managed by the French asset manager Schelcher Prince Gestion (“SPG”).
  • Having established itself as a leading owner of photovoltaic systems in Poland, GoldenPeaks Capital has further expanded into Hungary and successfully secured financing in the market through a unique transaction.
  • The portfolio comprises of two individual solar projects located in the northeast Hungary, with a total capacity of approx.
  • The senior loan (whose financing was split evenly between Erste Group and Erste Bank Hungary) was secured at the SPV level, while the junior financing was obtained structurally subordinated at the HoldCo level.

Bitterroot Bio Announces Appointment of Georgette Verdin as Chief People Officer and Sherwin Chen as Chief Legal Officer and Corporate Secretary

Retrieved on: 
火曜日, 6月 4, 2024

PALO ALTO, Calif. and NEEDHAM, Mass., June 04, 2024 (GLOBE NEWSWIRE) -- Bitterroot Bio, a pioneering biotechnology company focused on developing innovative medicines in the field of cardio-immunology, today announced the appointment of Georgette Verdin as Chief People Officer and Sherwin Chen as Chief Legal Officer and Corporate Secretary.

Key Points: 
  • PALO ALTO, Calif. and NEEDHAM, Mass., June 04, 2024 (GLOBE NEWSWIRE) -- Bitterroot Bio, a pioneering biotechnology company focused on developing innovative medicines in the field of cardio-immunology, today announced the appointment of Georgette Verdin as Chief People Officer and Sherwin Chen as Chief Legal Officer and Corporate Secretary.
  • "I am thrilled to welcome Georgette and Sherwin to the Bitterroot Bio team," said Dr. Pavan Cheruvu, CEO of Bitterroot Bio.
  • Georgette Verdin brings over two decades of extensive experience in human resources and leadership development to Bitterroot Bio.
  • Most recently, she served as Chief People Officer for Mariana Oncology and Chief Human Resources Officer for AVROBIO.

Castle Biosciences’ Founder, President and CEO Derek Maetzold Named an EY Entrepreneur Of The Year® 2024 Gulf South Award Winner

Retrieved on: 
金曜日, 6月 14, 2024

Castle Biosciences, Inc. (Nasdaq: CSTL), a company improving health through innovative tests that guide patient care, today announced that its founder, president and chief executive officer, Derek Maetzold, has been named by Ernst & Young LLP (EY) as an Entrepreneur Of The Year® 2024 Gulf South Award winner.

Key Points: 
  • Castle Biosciences, Inc. (Nasdaq: CSTL), a company improving health through innovative tests that guide patient care, today announced that its founder, president and chief executive officer, Derek Maetzold, has been named by Ernst & Young LLP (EY) as an Entrepreneur Of The Year® 2024 Gulf South Award winner.
  • As a Gulf South award winner, Maetzold is now eligible for consideration for the Entrepreneur Of The Year 2024 National Awards.
  • The Entrepreneur Of The Year National Overall Award winner will then move on to compete for the World Entrepreneur Of The Year Award in June 2025.
  • In the Gulf South, sponsors also include ADP, DLA Piper, Marsh McLennan Agency, vcfo, Big Picture Inc., and Pierpont Communications.

Future of Privacy Forum Recognizes Leading Careers in Privacy and Efforts in AI Regulation with Inaugural Global Award

Retrieved on: 
水曜日, 6月 12, 2024

June 11, 2024 – Last week, the Future of Privacy Forum (FPF) – a global non-profit focused on data protection headquartered in Washington, D.C. – presented the Government of Singapore with the inaugural Global Responsible AI Leadership Award for the country’s prominent, pragmatic, and respected work in establishing frameworks for AI regulation and governance and […]

Key Points: 


June 11, 2024 – Last week, the Future of Privacy Forum (FPF) – a global non-profit focused on data protection headquartered in Washington, D.C. – presented the Government of Singapore with the inaugural Global Responsible AI Leadership Award for the country’s prominent, pragmatic, and respected work in establishing frameworks for AI regulation and governance and [?]

Consor Holdings Announces Growth Investment from New Mountain Capital

Retrieved on: 
月曜日, 6月 3, 2024

Consor Holdings LLC ("Consor" or the “Firm”), a leading provider of transportation and water infrastructure engineering and consulting services, and New Mountain Capital, LLC (“New Mountain”), a leading growth-oriented investment firm with approximately $50 billion in assets under management, today announced a significant investment from affiliates of New Mountain to support the Firm’s continued growth.

Key Points: 
  • Consor Holdings LLC ("Consor" or the “Firm”), a leading provider of transportation and water infrastructure engineering and consulting services, and New Mountain Capital, LLC (“New Mountain”), a leading growth-oriented investment firm with approximately $50 billion in assets under management, today announced a significant investment from affiliates of New Mountain to support the Firm’s continued growth.
  • “We’re excited about the many ways New Mountain will help support our growth through strategic planning, technology enablement and operational efficiency.
  • “Consor has tremendous growth potential, and we wish the team great success for the next chapter.”
    AEC Advisors LLC served as financial advisor and Ropes & Gray LLP served as legal advisor to New Mountain Capital.
  • Harris Williams and Houlihan Lokey served as financial advisors and DLA Piper served as legal advisor to Consor and Keystone Capital.

Progressive Dental Marketing fuels growth plans with McCarthy Capital

Retrieved on: 
木曜日, 5月 30, 2024

Progressive Dental Marketing, a full-service sales training, continuing education, and specialty marketing services provider to dental practices, has partnered with McCarthy Capital to accelerate its growth plans.

Key Points: 
  • Progressive Dental Marketing, a full-service sales training, continuing education, and specialty marketing services provider to dental practices, has partnered with McCarthy Capital to accelerate its growth plans.
  • The $100 million recapitalization from McCarthy Capital will fuel the Progressive Dental’s next phase of growth.
  • Already, more than 1,000 dental practices are actively working with Progressive Dental to improve lead generation for new patients, increase production per patient, and create greater efficiency in their marketing efforts.
  • “Together, we’ll accelerate Progressive Dental’s growth trajectory through international expansion and accretive acquisitions.”
    Progressive Dental plans to explore opportunities to make strategic acquisitions to add new services and tools that benefit dental practices.

EY Announces Ishan Patel of Audien Hearing as an Entrepreneur Of The Year® 2024 Pacific Southwest Award Finalist

Retrieved on: 
水曜日, 5月 29, 2024

Ernst & Young LLP (EY US) today announced that Audien Hearing co-founder, Ishan Patel, was named an Entrepreneur Of The Year® 2024 Pacific Southwest Award finalist.

Key Points: 
  • Ernst & Young LLP (EY US) today announced that Audien Hearing co-founder, Ishan Patel, was named an Entrepreneur Of The Year® 2024 Pacific Southwest Award finalist.
  • Patel was selected as a finalist by an independent panel of judges.
  • “I am incredibly honored to be named an Entrepreneur Of The Year® 2024 Pacific Southwest Award finalist by Ernst & Young,” said Ishan Patel, co-founder of Audien Hearing.
  • By leveraging these platforms, Audien Hearing makes its products more available, offering affordable and high-quality hearing aids to those who might otherwise struggle to afford or obtain traditional hearing solutions.

RedBird IMI Completes Acquisition of Global Production Company All3Media

Retrieved on: 
木曜日, 5月 16, 2024

The media company’s CEO Jane Turton and COO Sara Geater will continue to lead All3Media for RedBird IMI.

Key Points: 
  • The media company’s CEO Jane Turton and COO Sara Geater will continue to lead All3Media for RedBird IMI.
  • RedBird IMI launched just over a year ago, with the goal of building a global media company across news, entertainment and sports.
  • Its investments include the Los Angeles-based scripted production company Media Res, the unscripted production company EverWonder Studios, the children’s entertainment company Hidden Pigeon Company and the digital news outlet Front Office Sports.
  • RedBird Advisors acted as financial advisor to RedBird IMI and RedBird Capital Partners, and Gibson, Dunn & Crutcher LLP acted as its legal advisor.

Lumileds to Sell Its Lamps and Accessories Business to First Brands Group

Retrieved on: 
金曜日, 5月 17, 2024

Lumileds, LLC, one of the world’s leading LED manufacturers and solution providers for the global automotive, illumination, display, and flash markets and First Brands Group, LLC (“First Brands”), a global automotive parts manufacturer that serves the worldwide automotive aftermarket, have entered into an agreement for First Brands to acquire the Lamps and Accessories business of Lumileds for $238M.

Key Points: 
  • Lumileds, LLC, one of the world’s leading LED manufacturers and solution providers for the global automotive, illumination, display, and flash markets and First Brands Group, LLC (“First Brands”), a global automotive parts manufacturer that serves the worldwide automotive aftermarket, have entered into an agreement for First Brands to acquire the Lamps and Accessories business of Lumileds for $238M.
  • Under First Brands, the Lamps and Accessories business will continue to expand its global offerings and position its products and leading brands in the automotive accessories sector.
  • As part of the acquisition, Lumileds automotive lamps factories in China, Germany, and Poland will transfer with the Lamps and Accessories business.
  • Lumileds will retain its factories and sites in The Netherlands, United States, Malaysia, Singapore, Germany and Jiaxing, China.