Morrison

McGrath Acquires Vesta Modular and Concurrently Divests Adler Tank Rentals

Retrieved on: 
Wednesday, February 1, 2023

Founded in 2014 and headquartered in Southfield, MI, Vesta is a leading provider of temporary and permanent modular space solutions.

Key Points: 
  • Founded in 2014 and headquartered in Southfield, MI, Vesta is a leading provider of temporary and permanent modular space solutions.
  • As of December 31, 2022 estimated, on a trailing 12-month basis, Vesta generated $40 million of EBITDA on $129 million of total revenue.
  • McGrath anticipates realizing $8 million of annual run-rate synergies by 2024 and $30 million of value from net operating losses.
  • “McGrath is a highly-respected leader in our sector with a tremendous culture and core values that align with those of Vesta.

Morrison Foerster Further Strengthens Market-Leading Asia Private Equity Real Estate Capabilities with Addition of Tabitha Saw in Singapore

Retrieved on: 
Monday, February 6, 2023

SINGAPORE, Feb. 5, 2023 /PRNewswire-PRWeb/ -- Morrison Foerster, a leading global law firm, today announced that Tabitha Saw has joined the firm as a partner in its Transactions Department and global Private Equity Real Estate Group, based in Singapore. Her arrival further cements Morrison Foerster's position as the premier private equity real estate (PERE) firm in Asia. Saw's addition also highlights the continued expansion of Morrison Foerster's Singapore office following the addition of private equity and M&A partner Steven Tran last month.

Key Points: 
  • SINGAPORE, Feb. 5, 2023 /PRNewswire-PRWeb/ -- Morrison Foerster , a leading global law firm, today announced that Tabitha Saw has joined the firm as a partner in its Transactions Department and global Private Equity Real Estate Group, based in Singapore.
  • Her arrival further cements Morrison Foerster's position as the premier private equity real estate (PERE) firm in Asia.
  • Saw's addition also highlights the continued expansion of Morrison Foerster's Singapore office following the addition of private equity and M&A partner Steven Tran last month.
  • Saw represents investment managers, institutional investors, and owner operators in complex, high-value real estate and data center transactions.

ArtPride New Jersey Announces Statewide Black History Month Celebration of African Americans in the Arts

Retrieved on: 
Thursday, February 2, 2023

BURLINGTON, N.J., Feb. 1, 2023 /PRNewswire-PRWeb/ -- This February, in celebration of Black History Month, Discover Jersey Arts honors the work and impact of African American voices in the arts. The contributions of African American artists have been vast — from The Harlem Renaissance, to the Black Arts Movement through emerging contemporary artists. Discover Jersey Arts, an ArtPride New Jersey Foundation program, celebrates the contributions of both artists and organizations throughout New Jersey — highlighting events, performances, exhibitions, artist spotlights, feature stories, podcasts and more.

Key Points: 
  • Programming throughout February includes theater, art exhibitions, and musical performances
    BURLINGTON, N.J., Feb. 1, 2023 /PRNewswire-PRWeb/ -- This February, in celebration of Black History Month, Discover Jersey Arts honors the work and impact of African American voices in the arts.
  • The contributions of African American artists have been vast — from The Harlem Renaissance, to the Black Arts Movement through emerging contemporary artists.
  • Discover Jersey Arts, an ArtPride New Jersey Foundation program, celebrates the contributions of both artists and organizations throughout New Jersey — highlighting events, performances, exhibitions, artist spotlights, feature stories, podcasts and more.
  • The arts have always been a means of healing and justice, and ArtPride continues its celebration of the artistic voices from African American communities in New Jersey during Black History Month," said Adam Perle, president and CEO of ArtPride NJ.

Taylor Morrison Included on Bloomberg Gender-Equality Index for Fifth Consecutive Year

Retrieved on: 
Wednesday, February 1, 2023

SCOTTSDALE, Ariz., Feb. 1, 2023 /PRNewswire/ -- For the fifth consecutive year, Taylor Morrison (NYSE: TMHC) earned a spot as the only U.S. homebuilder on the 2023 Bloomberg Gender-Equality Index (GEI)—a list of publicly traded global companies distinguished for their transparency in gender reporting and efforts to prioritize equality. 

Key Points: 
  • Taylor Morrison scored above average among more than 480 companies and exceled in several metrics of the 2023 GEI, including:*
    Of all companies included in the 2023 GEI, only 41 companies, or 8 percent, including Taylor Morrison, have a woman CEO.
  • Women represent 46 percent of Taylor Morrison's total workforce, compared to the 43 percent GEI index average.
  • Taylor Morrison is among 44 percent of Bloomberg GEI companies that assess gender balance in machine learning to prevent algorithms from perpetuating gender biases.
  • *Represents data submitted by Taylor Morrison for the 2023 GEI for fiscal year 2021 and averages provided by Bloomberg for their 2023 GEI.

New Healthcare Company Julie Donates Nearly 200,000 Units of Emergency Contraception to Network of Partners

Retrieved on: 
Wednesday, January 18, 2023

NEW YORK, Jan. 18, 2023 /PRNewswire/ -- New women's healthcare company, Julie Products, Inc., today announced a donation of approximately 200,000 units of emergency contraception to a national network of partners. The donation is the single largest in the United States and part of Julie for All, Julie's inaugural donation program focused on increasing access to emergency contraception.

Key Points: 
  • The donation is the single largest in the United States and part of Julie for All, Julie's inaugural donation program focused on increasing access to emergency contraception.
  • Julie Products, Inc. announces a donation of 200,000 units of emergency contraception to a national network of partners.
  • The new healthcare company pledges to donate one unit of Julie emergency contraception for every Julie purchased.
  • Based on available records, this week's donations make Julie the largest donor of emergency contraception in the country.

Xpansiv Completes Acquisition of Evolution Markets, Closes Capital Raise with New Investors Bank of America, and Goldman Sachs

Retrieved on: 
Wednesday, January 11, 2023

The acquisition will also enhance Evolution Markets’ client services through its integration with Xpansiv’s technology infrastructure, market, and data platforms.

Key Points: 
  • The acquisition will also enhance Evolution Markets’ client services through its integration with Xpansiv’s technology infrastructure, market, and data platforms.
  • The raise was linked to the recent $400 million capital raise led by Blackstone Energy Partners which closed in August 2022.
  • New strategic investors Bank of America and Goldman Sachs participated in the raise.
  • Bank of America supports innovation in these evolving markets,” said Jim DeMare, President of Global Markets at Bank of America.

 Ryan Richardson, Former Lead Global Partnerships Counsel at Stripe, Joins the Nationally Ranked Financial Services Practice at Davis Wright Tremaine

Retrieved on: 
Wednesday, January 11, 2023

The financial services practice team at Davis Wright Tremaine LLP has deepened its market-leading expertise with the addition of Ryan Richardson as a partner in New York.

Key Points: 
  • The financial services practice team at Davis Wright Tremaine LLP has deepened its market-leading expertise with the addition of Ryan Richardson as a partner in New York.
  • He comes to the firm from Stripe, where he served as lead global partnerships counsel and was primary legal advisor to the company’s chief business officer.
  • View the full release here: https://www.businesswire.com/news/home/20230111005333/en/
    “Ryan truly brings one-of-a-kind expertise,” said Bradford Hardin , co-chair of the financial services practice at Davis Wright.
  • Davis Wright combined with McGonigle, more than doubling the size of its financial services practice.

Taylor Morrison Gives Team Members Funds to 'Build Joy' in Their Communities

Retrieved on: 
Friday, December 23, 2022

SCOTTSDALE, Ariz., Dec. 23, 2022 /PRNewswire/ -- Each year, national homebuilder Taylor Morrison Home Corporation (NYSE: TMHC) puts the company's philanthropic efforts in the hands of its team members by funding their ideas for ways to give back in their communities. For its sixth consecutive year, 10 Taylor Morrison team members will be supporting a variety of local causes uniquely personal to them through the company's annual charitable giving program, Build Joy.

Key Points: 
  • For its sixth consecutive year, 10 Taylor Morrison team members will be supporting a variety of local causes uniquely personal to them through the company's annual charitable giving program, Build Joy.
  • That's the question Taylor Morrison asks its team members.
  • "Rather than telling team members what charitable contribution Taylor Morrison made on their behalf, we give team members the funds to lead acts of kindness themselves," said Chairman and CEO Sheryl Palmer.
  • Our strong commitment to sustainability, our communities, and our team is highlighted in our latest Environmental, Social, and Governance (ESG) Report on our website.

New Wagoneer Equipped with the Powerful and Efficient Hurricane Twin Turbo I-6 Wins Four Wheeler '2023 SUV of the Year'

Retrieved on: 
Monday, December 19, 2022

According to Four Wheeler editors, the 2023 Wagoneer earned its place as this year's SUV of the year.

Key Points: 
  • According to Four Wheeler editors, the 2023 Wagoneer earned its place as this year's SUV of the year.
  • "The big Wagoneer is going to get the family down the road in comfort and style and right past the trailhead.
  • The Wagoneer demonstrated that it's worthy of wearing the storied Wagoneer nameplate and the 2023 Four Wheeler SUV of the Year crown."
  • Combining these attributes with strong SUV credentials, the Wagoneer and Grand Wagoneer build on the original premium SUV by defining the next generation of an American icon.

Pictor announces funding round after successful launch in New Zealand and USA of SARS-CoV-2 Antibody Test

Retrieved on: 
Sunday, December 4, 2022

This follows the recent successful launch of the PictArray SARS-CoV-2 IgG Antibody Test through Rako Science in New Zealand and key partners in the US.

Key Points: 
  • This follows the recent successful launch of the PictArray SARS-CoV-2 IgG Antibody Test through Rako Science in New Zealand and key partners in the US.
  • The test better informs patients and doctors in determining whether the patient should be immunized or boosted, said Pictors Chief Medical Officer Tadd Lazarus, MD.
  • Pictor has also leveraged its multiplex platform to develop an Animal Health business and is poised to launch two tests in Q2, 2023.
  • Former Morrison & Co. CEO Marko Bogoievski is helping lead the current funding round following his investment and involvement in Pictor since early 2022.