Foley & Lardner

NACD North Texas Announces New Chapter Officers and Board Members for 2024–2025

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수요일, 6월 12, 2024
Business, Communications, Professional Services, Thought Leadership, Other Communications, MoneyGram, Kaplan, Inc., LLP, Toyota Financial Services, Foley & Lardner, Dallas Theological Seminary, Mentorship, Texas Christian University, DLJ, Treasury, Overseas Shipholding Group, Abbott Laboratories, Professional corporation, AbbVie, Commitment, COVID, CPA, Public sector, Information system, AT&T, Bear Stearns, Fluor Corporation, Policy, Publication, Consultant, IBM, White House Fellows, Partner, National Association, Fraud, Society, Toyota, Mesa Airlines, Compensation, Society of Exploration Geophysicists, M&A, Investment, Management

The NACD North Texas Chapter , the advocate for the profession of directorship, today announced the election of new officers and board members for 2024–2025, effective July 1, 2024.

Key Points: 
  • The NACD North Texas Chapter , the advocate for the profession of directorship, today announced the election of new officers and board members for 2024–2025, effective July 1, 2024.
  • Renee Arrington, NACD.DC, has been elected as Board Chair of the NACD North Texas Chapter.
  • “Our NACD North Texas community of board directors, members and sponsors is an outstanding group of business leaders and I’m absolutely honored to have been named Chair of the NACD North Texas Board of Directors,” said Arrington.” Many thanks to our outgoing Chair Ray Hemmig for his leadership as our chapter grew and offered compelling events for our 1000+ members.
  • Buechele had prior leadership roles in the NACD North Texas Chapter before his selection as treasurer.

SPAR Group Enters into Letter of Intent to go Private with Highwire Capital

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수요일, 6월 5, 2024
Technology, Other Retail, Marketing, Communications, Professional Services, Digital Marketing, Data Analytics, Data Management, Retail, Online Retail, Acquisition, SPAR, Growth, Letter, Foley & Lardner, Corporation, Proxy, More (store), Lincoln International, Committee

“Upon completing a thorough process and analysis over the last 18+ months, we considered a number of alternatives.

Key Points: 
  • “Upon completing a thorough process and analysis over the last 18+ months, we considered a number of alternatives.
  • “The proposed merger with Highwire Capital will maximize value to our stockholders and enable us to continue our growth while offering innovation and more value to our clients.
  • Our commitment to clients and service is unchanged and our passion for results is unwavering,” said Mike Matacunas, CEO and president, SPAR Group.
  • “This is an exciting opportunity to leverage SPAR’s tenured industry expertise with transformative innovation – a hallmark of Highwire’s founding ethos,” said Rob Wilson, CEO of Highwire Capital.

nVent to Acquire Trachte

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목요일, 6월 6, 2024
Other Construction & Property, Residential Building & Real Estate, Manufacturing, Commercial Building & Real Estate, Construction & Property, Building Systems, Other Manufacturing, Acquisition, Hand, Electricity, Growth, LLP, History, Foley & Lardner, NVT, Airline

nVent Electric plc (NYSE: NVT) (“nVent”), a global leader in electrical connection and protection solutions, today announced that it has entered into a definitive agreement to acquire the parent of Trachte, LLC for a purchase price of $695 million, subject to customary adjustments.

Key Points: 
  • nVent Electric plc (NYSE: NVT) (“nVent”), a global leader in electrical connection and protection solutions, today announced that it has entered into a definitive agreement to acquire the parent of Trachte, LLC for a purchase price of $695 million, subject to customary adjustments.
  • Trachte is a leading manufacturer of custom-engineered control building solutions designed to protect critical infrastructure assets.
  • nVent Chair and CEO Beth Wozniak said, “Trachte will expand our enclosures portfolio in new applications and enhance our system protection capability.
  • Upon closing of this transaction, nVent plans to operate Trachte within its Enclosures segment.

Baker Tilly Names Theresa Meiners Chief Risk Officer

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목요일, 5월 23, 2024
Professional Services, Finance, Consulting, Asset Management, Banking, Accounting, Meiners, Social, Principal, Biophysical environment, CPA, Foley & Lardner, Risk management, General counsel, LLP, Diversity

Leading advisory CPA firm Baker Tilly US, LLP (Baker Tilly) announces the appointment of Principal and General Counsel Theresa Meiners as Chief Risk Officer, effective June 1.

Key Points: 
  • Leading advisory CPA firm Baker Tilly US, LLP (Baker Tilly) announces the appointment of Principal and General Counsel Theresa Meiners as Chief Risk Officer, effective June 1.
  • “Theresa has been instrumental to the success of Baker Tilly and of our clients, thanks to her abilities to build relationships, take pragmatic stances to solving challenges and move us forward with the right guardrails in place,” Baker Tilly CEO Jeff Ferro said.
  • As Chief Risk Officer and General Counsel, Meiners will lead Baker Tilly’s Risk Management and Legal functions.
  • “I am honored to lead Baker Tilly's talented risk management and legal professionals,” Meiners said.

Boys & Girls Clubs of America Honors Eight Corporate and Foundation Partners for Unwavering Support of and Impact on Our Nation’s Youth

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목요일, 5월 23, 2024
Other Philanthropy, Teens, Parenting, Children, Lifestyle, Philanthropy, Consumer, Foundation, Partnership, NASCAR, Boys & Girls Club, The Coca-Cola Company, Work, Partner, Conference, Family Dollar, Foley & Lardner, Planet Fitness, National Conference, Pinterest, Multimedia, Toy

Because of these steadfast supporters, both financially and relationally, Boys & Girls Clubs deliver life-enhancing and unparalleled programs and outcomes for our nation’s youth.

Key Points: 
  • Because of these steadfast supporters, both financially and relationally, Boys & Girls Clubs deliver life-enhancing and unparalleled programs and outcomes for our nation’s youth.
  • (AP Content Services for Boys & Girls Clubs of America)
    Collectively, these partners allow Boys & Girls Clubs to enhance programming for youth in a myriad of critical ways, including:
    “Our devoted partners strengthen our research-based programming, deepen our impact, and support more kids and families,” said Lisa Anastasi, executive vice president and chief development & public affairs officer, Boys & Girls Clubs of America.
  • Through generous support from like-minded and caring partners, the youth organization continues to meet the needs of youth and their communities.
  • To learn more about partnering with Boys & Girls Clubs of America, visit bgca.org .

Eastern Metal Supply Invests in Eagle Metal Distributors

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화요일, 5월 21, 2024
Other Manufacturing, Construction & Property, Steel, Finance, Professional Services, Manufacturing, Building Systems, Machinery, Machine Tools, Metalworking & Metallurgy, Partnership, Hydrochloric acid, EMS, Investment, MRO, Growth, Foley & Lardner, Acquisition, Reagent

Eastern Metal Supply (“EMS”), one of the largest value-added distributors of aluminum products in the U.S. and a Wynnchurch Capital, L.P. (“Wynnchurch”) portfolio company, today announced the acquisition of Eagle Metal Distributors, Inc. (“Eagle” or the “Company”).

Key Points: 
  • Eastern Metal Supply (“EMS”), one of the largest value-added distributors of aluminum products in the U.S. and a Wynnchurch Capital, L.P. (“Wynnchurch”) portfolio company, today announced the acquisition of Eagle Metal Distributors, Inc. (“Eagle” or the “Company”).
  • Founded in 2004, Eagle is an Orlando-based distributor of aluminum products, patio screens, and other related offerings utilized in the installation and repair of pool enclosures and screen rooms.
  • Mike Swedick, CEO of EMS, said, “We are delighted to partner with Steve Wrazen and the broader Eagle team to support the Company’s next phase of growth.
  • Wynnchurch manages a number of private equity funds with $9.2 billion of regulatory assets under management and is actively seeking investments.

Centivo Acquires Eden Health to Serve Escalating Demand for Affordable, High-Quality Primary Care

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월요일, 5월 20, 2024
Apps, Applications, Technology, Mental Health, Health Technology, Telemedicine, Virtual Medicine, Practice Management, Other Health, Health, General Health, Partnership, Patient, Love, Electronic health record, Senior advisor, Mental health, Foley & Lardner, Acquisition, LLP, Nursing

Our system is plagued by chronic shortages in primary care access due to decades of under-investment and misaligned incentives,” said Ashok Subramanian, Founder and CEO of Centivo.

Key Points: 
  • Our system is plagued by chronic shortages in primary care access due to decades of under-investment and misaligned incentives,” said Ashok Subramanian, Founder and CEO of Centivo.
  • Eden Health’s clinical services will be fully integrated into Centivo, enhancing the company’s virtual advanced primary care practice, while broadening its clinical services to include mental health care, urgent care and workplace pop-up clinics.
  • Matt McCambridge, CEO and co-founder of Eden Health, expressed confidence in the acquisition, stating, "There is no better partner for a primary care solution like Eden Health than a health plan like Centivo that shares our values, including the primacy of primary care in every patient experience."
  • The acquisition builds upon and rapidly scales Centivo’s proven advanced virtual primary care practice, which addresses critical challenges in primary care access as highlighted by the State of the Primary Care Workforce, 2023 , published by the National Center for Health Workforce Analysis.

Judge Richard Linn to Receive the 2024 American Inns of Court Professionalism Award for the Federal Circuit

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화요일, 5월 7, 2024
Legal, Courts, Public Policy, Government, Professional Services, Philanthropy, University, State, Local, Foundation, Education, Lawyer, Georgetown University Law Center, Mentorship, Rensselaer Polytechnic Institute, Intellectual property, Private practice, The Honourable, Conference, Foley & Lardner, Patent, Inn, Professional, Student, American Inns of Court, Richard Linn, Hotel

Judge Richard Linn has been selected to receive the prestigious 2024 American Inns of Court Professionalism Award for the Federal Circuit .

Key Points: 
  • Judge Richard Linn has been selected to receive the prestigious 2024 American Inns of Court Professionalism Award for the Federal Circuit .
  • Appointed to the U.S. Court of Appeals for the Federal Circuit by President Bill Clinton in 1999, Linn took senior status in 2012.
  • Linn received this recognition from his peers not for his work as a judge but for his decades-long commitment to promoting American Inns of Court focused on intellectual property.
  • “It is not hyperbole to say that Judge Linn’s devotion and dedication to the Intellectual Property Inns of Court is unmatched,” write Federal Circuit Judges Sharon Prost and Kara Farnadez Stoll of the U.S. Court of Appeals for the Federal Circuit, who nominated Linn for the award.

Matterport, the Global Leader in 3D Digital Twins, to be Acquired by CoStar Group

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월요일, 4월 22, 2024
CoStar Group, LLP, AI, Machine learning, Collection, Research, Foley & Lardner, 3D, Intelligence, Homes.com, LoopNet, Qatalyst Partners, Growth, Chair

Founded in 2011, Matterport pioneered the development of the first 3D capture solution to deliver dimensionally accurate, photorealistic virtual tours or “digital twins” for any type of property.

Key Points: 
  • Founded in 2011, Matterport pioneered the development of the first 3D capture solution to deliver dimensionally accurate, photorealistic virtual tours or “digital twins” for any type of property.
  • Matterport's 3D technology is utilized in nearly every sector of real estate, spanning residential, commercial, hospitality, retail, and industrial spaces, among others.
  • CoStar Group was one of the first adopters of Matterport’s technology, and currently has almost 300,000 Matterport digital twins available in the CoStar information product and online property marketplaces.
  • The transaction is subject to a 10% symmetrical collar based on a CoStar Group share price of $86.02 as the midpoint.

Quanex Building Products to Acquire Tyman, Creating a Comprehensive Solutions Provider in the Building Products Industry

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월요일, 4월 22, 2024
GBP, Component, LLP, Acquisition, International, London Stock Exchange, Consideration, UBS, Addition, FY, The Takeover Code, Conference, Foley & Lardner, Original equipment manufacturer, Engineering, BST, Travers Smith, Bank, Cap (sport), Monotonic function, EPS, Logic, NX, Toronto-Dominion Bank, Calendar, Wells Fargo

HOUSTON, April 22, 2024 (GLOBE NEWSWIRE) -- Quanex Building Products Corporation (NYSE:NX) (“Quanex” or the “Company”) today announced it has reached agreement with Tyman plc (LSE:TYMN) (“Tyman”) on the terms of a recommended cash and share offer (“the Acquisition”), under which Quanex will acquire the entire issued and to be issued share capital of Tyman for approximately $1.1 billion1 in enterprise value.

Key Points: 
  • Quanex’s Acquisition of Tyman creates a comprehensive solutions provider in the building products industry, which on a pro forma basis generated approximately $2 billion of revenue in the fiscal year ended October 31, 20232.
  • “With significantly enhanced scale, we are looking forward to fully optimizing our portfolio of products and assets to position Quanex as a comprehensive solutions provider for our customers.
  • 2 Based on FY 2023A financial figures using October 31, 2023 year end for Quanex and December 31, 2023 year end for Tyman.
  • These brands offer product solutions in the window and door hardware, commercial access solutions and seals and extrusions verticals.