PAG

Haig Partners Serves as Exclusive Sell-Side Advisor on the Sale of River States Freightliner Dealerships to Penske Automotive’s Premier Truck Group

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木曜日, 6月 13, 2024
Fleet Management, Aftermarket, Automotive, Trucking, Automotive Manufacturing, General Automotive, Transport, Manufacturing, Well, Partner, Acquisition, Ford, Holland & Knight, Daimler, Pleasure, Culture, Family, PAG, Friends, Sale, PTG, Penske Corporation, Penske Automotive Group, Car dealership

Haig Partners LLC , the leading buy-sell advisory firm to auto, heavy truck and RV dealers in the U.S., served as the exclusive sell-side advisor on the sale of River States Truck and Trailer (“River States”) to Premier Truck Group (“PTG”), an international medium-duty and heavy-duty commercial truck dealership group and a Penske Automotive Group, Inc. company (NYSE:PAG).

Key Points: 
  • Haig Partners LLC , the leading buy-sell advisory firm to auto, heavy truck and RV dealers in the U.S., served as the exclusive sell-side advisor on the sale of River States Truck and Trailer (“River States”) to Premier Truck Group (“PTG”), an international medium-duty and heavy-duty commercial truck dealership group and a Penske Automotive Group, Inc. company (NYSE:PAG).
  • With the acquisition of River States, Premier Truck Group adds an additional 161,000 sq.
  • I’d also like to thank my M&A advisors at Haig Partners for representing me during this sale process.
  • Joe Laux began his career in the heavy truck retail industry in 1993 when he joined River States.

South Rampart Pharma Publishes SRP-001's Unique Pain Relief Mechanism and Phase 1 Trial Results in Scientific Reports

Retrieved on: 
木曜日, 5月 16, 2024
RCT, Pharmacology, Half-life, Nonsteroidal anti-inflammatory drug, Patient, Pharmacokinetics, TRPV4, Ochsner Health System, Toxicity, Randomized controlled trial, Abuse, Liver, Prevalence, Scientific Reports, PAG, Safety, CNR1, PKS, AM404, Neuropathic pain, FAAH, Kidney, Gene, GLP, Brain, Mortality, Paracetamol, NAPQI, TRPV1, Pain, Hepatotoxicity, Science, CNR2, Pharmaceutical industry

NEW ORLEANS, May 16, 2024 (GLOBE NEWSWIRE) -- South Rampart Pharma, Inc., today announced the publication of a paper in Scientific Reports describing the manner in which SRP-001 works in the brain to alleviate pain and the results of a Phase 1 randomized controlled trial (RCT)1.

Key Points: 
  • NEW ORLEANS, May 16, 2024 (GLOBE NEWSWIRE) -- South Rampart Pharma, Inc., today announced the publication of a paper in Scientific Reports describing the manner in which SRP-001 works in the brain to alleviate pain and the results of a Phase 1 randomized controlled trial (RCT)1.
  • The study, by Bazan et al., is titled, " Transcriptomic signature, bioactivity and safety of a non-hepatotoxic analgesic generating AM404 in the midbrain PAG region ."
  • The publication reveals SRP-001's unique mechanism of action, producing higher amounts of N-arachidonoylphenolamine (AM404) than acetaminophen, a metabolite crucial for inducing pain relief in the midbrain’s periaqueductal grey (PAG) region.
  • Armed with known mechanisms for pain relief in the brain and compelling Phase 1 randomized trial data, we look forward to advancing SRP-001 into Phase 2 randomized and controlled studies for acute and neuropathic pain in the second half of 2024.”

Unispace Group announces new EMEA CEO appointment

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水曜日, 4月 17, 2024
Overbury, Partner, Selecta, Tydeman, News, Head, Compass Group, Foster and Partners, BPE, PHS, Methodology, PAG, Growth, Management

LONDON, April 17, 2024 (GLOBE NEWSWIRE) -- Unispace Group today announces new London-based hire of Rob Frank as CEO, Corporate Interiors, EMEA and key additions to the growing EMEA leadership team.

Key Points: 
  • LONDON, April 17, 2024 (GLOBE NEWSWIRE) -- Unispace Group today announces new London-based hire of Rob Frank as CEO, Corporate Interiors, EMEA and key additions to the growing EMEA leadership team.
  • Frank will be responsible for the end-to-end delivery of Unispace’s corporate workplace interiors offering for clients across the strategy, design, and construction lifecycle in the EMEA markets.
  • Finally, joining from world-renowned Foster + Partners, Unispace Group has also appointed Charlotte Sword in a global role as Group Chief People Officer.
  • The announcements follow news of Justin Tydeman recently joining as Unispace Group CEO in April, also based in the London studio.

PENSKE AUTOMOTIVE GROUP TO EXPAND RETAIL AUTOMOTIVE PRESENCE INTO AUSTRALIA

Retrieved on: 
月曜日, 4月 8, 2024
Growth, Partnership, Acquisition, PAG, Penske Automotive Group

BLOOMFIELD HILLS, Mich., April 8, 2024 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), a diversified international transportation services company and one of the world's premier automotive and commercial truck retailers with operations across four continents and nine countries, intends to expand its retail automotive operations into Australia by acquiring two Porsche dealerships along with a Ducati motorcycle dealership in Melbourne, Australia.

Key Points: 
  • BLOOMFIELD HILLS, Mich., April 8, 2024 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), a diversified international transportation services company and one of the world's premier automotive and commercial truck retailers with operations across four continents and nine countries, intends to expand its retail automotive operations into Australia by acquiring two Porsche dealerships along with a Ducati motorcycle dealership in Melbourne, Australia.
  • The Company has signed an agreement to acquire Porsche Centre Brighton, Porsche Centre Doncaster and Ducati Melbourne West.
  • The Doncaster dealership is the newest official Porsche Centre located in the high-growth northeast Melbourne suburbs.
  • Commenting on the acquisition, Penske Automotive Group Head of International Operations Randall Seymore said, "We are delighted to announce this transaction and expand our partnership with the Porsche brand.

LexinFintech Holdings Ltd. Reports Fourth Quarter and Full Year 2023 Unaudited Financial Results

Retrieved on: 
水曜日, 3月 20, 2024
PIN, Quarter, Software as a service, Marketing, Research, Policy, PAG, Tech, Risk management, Ant Group, Senior, Credit, ASC, GMV, GAAP, LX, Growth, CFO, Table, ADS, Ecosystem, Collection, Video game

Total loan originations2 in the fourth quarter of 2023 was RMB61.2 billion, an increase of 9.2% from RMB56.1 billion in the fourth quarter of 2022.

Key Points: 
  • Total loan originations2 in the fourth quarter of 2023 was RMB61.2 billion, an increase of 9.2% from RMB56.1 billion in the fourth quarter of 2022.
  • Fourth Quarter 2023 Financial Highlights:
    Total operating revenue was RMB3,509 million, representing an increase of 15.1% from the fourth quarter of 2022.
    Credit facilitation service income was RMB2,727 million, representing an increase of 38.9% from the fourth quarter of 2022.
  • Fourth Quarter 2023 Financial Results:
    Operating revenue increased by 15.1% from RMB3,050 million in the fourth quarter of 2022 to RMB3,509 million in the fourth quarter of 2023.
    Credit facilitation service income increased by 38.9% from RMB1,964 million in the fourth quarter of 2022 to RMB2,727 million in the fourth quarter of 2023.
  • Investment loss was RMB302 million in the fourth quarter of 2023, as compared to RMB38.4 million in the fourth quarter of 2022.

Cushman & Wakefield Appoints Jennifer McPeek and Raj Vennam to Board of Directors

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月曜日, 3月 18, 2024
Professional Services, Other Construction & Property, Commercial Building & Real Estate, Finance, Construction & Property, REIT, Janus, Russell Investments, McKinsey & Company, University, Central Florida, Private equity, Electrical engineering, Partnership, Trustee, SVP, Duke University, Electronics, McPeek, NN Group, PAG, Janus Henderson, Corporate finance, MBA, Trust, Jennifer, Old Dominion University, Engineering, CWK, Cushman & Wakefield, Multimedia, TPG, Economics, Management

Cushman & Wakefield (NYSE: CWK) today announced the appointments of Jennifer McPeek and Raj Vennam to its Board of Directors, effective March 18, 2024.

Key Points: 
  • Cushman & Wakefield (NYSE: CWK) today announced the appointments of Jennifer McPeek and Raj Vennam to its Board of Directors, effective March 18, 2024.
  • View the full release here: https://www.businesswire.com/news/home/20240318095052/en/
    Jennifer McPeek appointed to the Board of Directors of Cushman & Wakefield (Photo: Business Wire)
    McPeek brings more than 20 years of executive experience in the financial services industry.
  • McPeek currently serves on the board of directors of Cboe Global Markets, Inc. and on the Board of Trustees of First American Funds Trust.
  • “Jennifer and Raj are highly accomplished executives who bring a wealth of expertise in finance and strategy to Cushman & Wakefield.

Wai Ming Lau Elected Chairman of the Board of Directors of Deswell Industries

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月曜日, 2月 26, 2024
Manufacturing, Other Manufacturing, Packaging, Engineering, Chemicals, Plastics, George Washington University, Annual general meeting, PAG, Certified Public Accountant, Goldman Sachs, American Institute

Deswell Industries, Inc. (Nasdaq: DSWL) is pleased to announce that the Board of Directors has unanimously elected Ms. Lau Wai Ming as Chairman of the Board, effective February 19, 2024.

Key Points: 
  • Deswell Industries, Inc. (Nasdaq: DSWL) is pleased to announce that the Board of Directors has unanimously elected Ms. Lau Wai Ming as Chairman of the Board, effective February 19, 2024.
  • Ms. Lau was elected to the Board of Directors by the Company’s shareholders at the 2023 Annual Meeting of Shareholders on February 6, 2024.
  • Prior to joining the Company, Ms. Lau was an Executive Director at PAG Consulting where she headed the firm’s Global Human Capital operations.
  • Prior to PAG Consulting, Ms. Lau worked at Goldman Sachs for over 13 years, including serving as an Executive Director in Goldman Sachs’ Finance Division.

PALADIN Releases Playbook & Resource Repository to Support More Effective Patient Advocacy Group & Biopharmaceutical Company Collaborations

Retrieved on: 
水曜日, 3月 6, 2024
PAG, Playbook, Confidentiality, Resource, Feedback, Organization, Medicine

BOSTON, March 6, 2024 /PRNewswire/ -- The PALADIN Consortium announces the release of a Playbook and a Repository of Resources for patient advocacy groups (PAG) and biopharmaceutical companies to use in optimizing their collaborations.

Key Points: 
  • BOSTON, March 6, 2024 /PRNewswire/ -- The PALADIN Consortium announces the release of a Playbook and a Repository of Resources for patient advocacy groups (PAG) and biopharmaceutical companies to use in optimizing their collaborations.
  • The Resource Repository contains over 100 identified and assessed best-in-class operational resources with links to the organizations that developed them.
  • Both the Playbook and the Resource Repository are accessible on Paladinconsortium.org and they are available free of charge.
  • "Our Playbook and Repository are resources that the PALADIN workstreams – co-led by advocacy group and industry representatives – developed during our first year," explained Trish Davidson, PALADIN Consortium Program Director, Tufts CSDD.

KEYSTONE TURBINE SERVICES (A PAG COMPANY) RECEIVES FOURTH CONSECUTIVE ROLLS-ROYCE BEST IN CLASS AWARD

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木曜日, 2月 29, 2024
PAG, M250, Defense, KTS, MRO, RR300, Rolls-Royce, BEST, Nursing

ATLANTA, Feb. 29, 2024 /PRNewswire/ -- Atlanta-based Precision Aviation Group, Inc. (PAG), a leading provider of products and value-added services to Aerospace and Defense industries worldwide, receives Rolls-Royce Best in Class Award.

Key Points: 
  • ATLANTA, Feb. 29, 2024 /PRNewswire/ -- Atlanta-based Precision Aviation Group, Inc. (PAG), a leading provider of products and value-added services to Aerospace and Defense industries worldwide, receives Rolls-Royce Best in Class Award.
  • This marks the fourth consecutive year Keystone Turbine Services (KTS), a division of PAG's Engine Services group, has been recognized with the Rolls-Royce Best in Class Award.
  • "It is wonderful to recognize our partners at PAG with this year's Best in Class Award, said Rolls-Royce Corporation Helicopter Program Director Scott Cunningham.
  • This award truly acknowledges our hard work, commitment to our customers, and being BEST IN CLASS.

PENSKE AUTOMOTIVE GROUP NAMED BY GLASSDOOR AS ONE OF THE "BEST PLACES TO WORK" for 2024

Retrieved on: 
木曜日, 1月 11, 2024
Human Capital, Senior management, Culture, Human resources, PAG, Penske Automotive Group, Capital, Human, Management

BLOOMFIELD HILLS, Mich., Jan. 11, 2024 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), a diversified international transportation services company and one of the world's premier automotive and commercial truck retailers, is pleased to announce that it has been named a winner of Glassdoor's 16th Annual Employees' Choice Awards, honoring the "Best Places to Work 2024".

Key Points: 
  • BLOOMFIELD HILLS, Mich., Jan. 11, 2024 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), a diversified international transportation services company and one of the world's premier automotive and commercial truck retailers, is pleased to announce that it has been named a winner of Glassdoor's 16th Annual Employees' Choice Awards, honoring the "Best Places to Work 2024".
  • Since 2009, Glassdoor Best Places to Work Award has been honoring companies where employees love to work, with winners determined solely based on feedback provided by their employees.
  • "Human Capital is our most important asset," said Bud Denker, Executive Vice President of Human Resources at Penske Automotive Group.
  • This is the first appearance on the Glassdoor "Best Places to Work" for Penske Automotive Group, with the Company obtaining top workplace factor ratings in Diversity & Inclusion, Senior Management, and Culture & Values.