JPMorgan Chase

Race Rock Announces Acquisition of Texas Corrugators

Retrieved on: 
Thursday, March 28, 2024
Other Transport, Other Manufacturing, Construction & Property, Steel, Transport, Utilities, Manufacturing, Energy, Other Construction & Property, JPMorgan Chase, History, LLP, Acquisition, Telecommunications, Multimedia, Triangle

Race Rock, a nationwide manufacturer and supplier of critical infrastructure products and solutions for transportation, energy transmission/distribution, telecommunications, and other end markets, has acquired Texas Corrugators – Austin Division, LLC (Texas Corrugators).

Key Points: 
  • Race Rock, a nationwide manufacturer and supplier of critical infrastructure products and solutions for transportation, energy transmission/distribution, telecommunications, and other end markets, has acquired Texas Corrugators – Austin Division, LLC (Texas Corrugators).
  • Texas Corrugators, based in Hutto, TX, supplements Race Rock’s existing Texas operations in Fort Worth and Houston, as well as its other manufacturing sites in Glastonbury, CT and Marion, OH.
  • Donald W. Young, Chairman and CEO of Race Rock, commented: “We couldn’t be more excited about the overall growth trends in Texas, and believe this acquisition positions us well to continue serving this growing market and its infrastructure needs for years to come.”
    Ryan Cole, President of Texas Corrugators, added: “Becoming part of the Race Rock team made a lot of sense as the next step in the Texas Corrugators growth story.
  • Locke Lord LLP acted as legal counsel to Race Rock.

EIG’s MidOcean Energy Completes Acquisition of Tokyo Gas’ Interests in Portfolio of Australian Integrated LNG Projects

Retrieved on: 
Thursday, March 28, 2024
Professional Services, Environment, Oil, Gas, Environmental Health, Energy, Asset Management, Pluto, EIG, Natural gas, Shell, MidOcean Partners, JPMorgan Chase, Acquisition, White & Case, Barclays

MidOcean Energy (“MidOcean”), a liquefied natural gas (LNG) company formed and managed by EIG, a leading institutional investor in the global energy and infrastructure sectors, today announced the completion of its previously announced agreement to acquire Tokyo Gas Co., Ltd’s (“Tokyo Gas”) interests in a portfolio of Australian integrated LNG projects.

Key Points: 
  • MidOcean Energy (“MidOcean”), a liquefied natural gas (LNG) company formed and managed by EIG, a leading institutional investor in the global energy and infrastructure sectors, today announced the completion of its previously announced agreement to acquire Tokyo Gas Co., Ltd’s (“Tokyo Gas”) interests in a portfolio of Australian integrated LNG projects.
  • The acquisition includes Tokyo Gas’ interests in the Gorgon LNG, Pluto LNG and Queensland Curtis LNG projects.
  • The portfolio benefits from experienced operators, including Chevron, Woodside and Shell, and spans the LNG value chain from upstream operations to midstream, liquefaction and sales.
  • As part of the transaction, MidOcean will open an office in Perth, Australia, to support and oversee the projects.

San Diego Angel Conference VI Announces Six Finalists to Compete for Share of Largest Event-Based Angel Fund in U.S.

Retrieved on: 
Monday, March 25, 2024
Professional Services, Consumer, Small Business, Entrepreneur, Start-Up, Finance, Organization, Conference, SDAC, SDSU, UCSD, Brink, JPMorgan Chase, University, Pillsbury Winthrop Shaw Pittman, University of California, Gust, San Diego State University, Financial services

The San Diego Angel Conference at USD has become the largest event-based angel conference in the country , with an active angel investor group of about 90 accredited investors who invest starting at $7,000 each.

Key Points: 
  • The San Diego Angel Conference at USD has become the largest event-based angel conference in the country , with an active angel investor group of about 90 accredited investors who invest starting at $7,000 each.
  • “The San Diego Angel Conference is truly a unique opportunity for both investors and founders to experience the hands-on learning opportunities of the investment decision process,” Executive Director, JPMorgan Startup Banking David Loseke.
  • SDAC partners with 35+ organizations including USD , San Diego State University ( SDSU ), and University of California, San Diego ( UCSD ), to drive deal flow and mentor startups.
  • SDAC Founder Mysty Rusk says, “Over six years, San Diego Angel Conference at USD has focused on activating accredited investors, funding innovative early-stage companies, and supporting solutions that solve real-world problems.

JPMorgan Chase Announcement Concerning Preferred Stock

Retrieved on: 
Thursday, March 21, 2024
Banking, Professional Services, JPMorgan Chase, JPM, J. P. Morgan, Government, Chase, Payment card

JPMorgan Chase & Co. (NYSE: JPM) (“JPMorgan Chase” or the “Firm”) has made an announcement concerning its preferred stock.

Key Points: 
  • JPMorgan Chase & Co. (NYSE: JPM) (“JPMorgan Chase” or the “Firm”) has made an announcement concerning its preferred stock.
  • JPMorgan Chase & Co. (NYSE: JPM) is a leading financial services firm based in the United States of America (“U.S.”), with operations worldwide.
  • JPMorgan Chase had $3.9 trillion in assets and $328 billion in stockholders’ equity as of December 31, 2023.
  • Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com .

AXIS Promotes Kyle Freeman to Head of ILS

Retrieved on: 
Thursday, March 21, 2024
Professional Services, Insurance, Finance, AXS, AXA, Knowledge, USAA, Head, JPMorgan Chase, AXIS, AIR, AIR Worldwide, XL, Management

AXIS Capital Holdings Limited (“AXIS Capital” or the “Company”) (NYSE: AXS) announced today that it has appointed Kyle Freeman as Head of AXIS ILS, effective immediately.

Key Points: 
  • AXIS Capital Holdings Limited (“AXIS Capital” or the “Company”) (NYSE: AXS) announced today that it has appointed Kyle Freeman as Head of AXIS ILS, effective immediately.
  • “Kyle is a valued leader within the AXIS organization who has extensive knowledge and experience in ILS, working with the investor community, and creating alternative reinsurance structures.
  • “We look forward to the continued development of our ILS initiatives under Kyle’s leadership, programs that will be essential to AXIS advancing its leadership position in specialty.”
    Mr. Freeman joined AXIS in 2021 as Head of ILS Structuring, Property, and was responsible for managing existing investor relationships as well as capital invested in property catastrophe sidecars, catastrophe bonds, joint ventures, and other ILS structures.
  • Prior to AXIS, Mr. Freeman served as Head of North America Programs Pricing for AXA XL.

Simpson Thacher Adds Two Leading Finance and Credit Partners in London

Retrieved on: 
Wednesday, March 20, 2024
Professional Services, Legal, Finance, Partner, Growth, Weil, Gotshal & Manges, Simpson Thacher & Bartlett, Acquisition, Energy, JPMorgan Chase, Financial services

Simpson Thacher & Bartlett LLP announced today that Paul Hibbert and Emma Serginson will join the Firm’s London office as Partners, where they will focus on financing and credit matters across the infrastructure sector, among other areas.

Key Points: 
  • Simpson Thacher & Bartlett LLP announced today that Paul Hibbert and Emma Serginson will join the Firm’s London office as Partners, where they will focus on financing and credit matters across the infrastructure sector, among other areas.
  • “Paul and Emma each have substantial market knowledge and tremendous experience developing creative financing solutions,” said Alden Millard, Chair of Simpson Thacher’s Executive Committee.
  • “Their addition to the team deepens our bench of substantial talent and adds firepower to our infrastructure offering.
  • Emma, who previously spent time on secondment at the credit products legal team of JPMorgan in London, focuses her practice on infrastructure, leveraged acquisition finance, domestic and cross-border debt and other corporate finance transactions.

Paystand Named Winner of Fintech Breakthrough Award for DeFi Innovation

Retrieved on: 
Wednesday, March 20, 2024
Banking, Software, Networks, Professional Services, Internet, Blockchain, Fintech, Data Management, Payments, Apps, Applications, Technology, Security, Finance, Spend, Bitcoin, Ethereum, Mastercard, Organization, Citigroup, J. P. Morgan, Network, SVB, Education, JPMorgan Chase, Coinbase, Death, Insurance, Life, DSO, Silicon, Decentralized finance, CSR, Silicon Valley Bank, Movement, Cryptocurrency

Paystand , the global leader in blockchain-enabled B2B payments, today announced it has won the DeFi Innovation category in the 2024 Fintech Breakthrough Awards.

Key Points: 
  • Paystand , the global leader in blockchain-enabled B2B payments, today announced it has won the DeFi Innovation category in the 2024 Fintech Breakthrough Awards.
  • Paystand has been honored as one of the ‘breakthrough’ innovators in the fintech market today.
  • Notable companies also named as fintech winners include Coinbase, J.P. Morgan Chase, Mastercard, Citi, Experian, and more.
  • The award recognizes Paystand for its decentralized finance technology, including:
    The Paystand Network , which allows every Paystand customer as well as their payers (more than 800,000), to leverage the blockchain-enabled network for fast, secure and zero-transaction fees money movement.

JPMorgan Chase Declares Common Stock Dividend

Retrieved on: 
Tuesday, March 19, 2024
Banking, Professional Services, Finance, JPMorgan Chase, JPM, J. P. Morgan, Government, Chase

JPMorgan Chase & Co. (NYSE: JPM) (“JPMorgan Chase” or the “Firm”) declared a quarterly dividend on the outstanding shares of the common stock of JPMorgan Chase.

Key Points: 
  • JPMorgan Chase & Co. (NYSE: JPM) (“JPMorgan Chase” or the “Firm”) declared a quarterly dividend on the outstanding shares of the common stock of JPMorgan Chase.
  • JPMorgan Chase & Co. (NYSE: JPM) is a leading financial services firm based in the United States of America (“U.S.”), with operations worldwide.
  • JPMorgan Chase had $3.9 trillion in assets and $328 billion in stockholders’ equity as of December 31, 2023.
  • Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com .

RRD Strengthens Marketing Services with Strategic Acquisition of Digital & Print Marketing Businesses from Vericast

Retrieved on: 
Monday, March 18, 2024
Consulting, Professional Services, Marketing, Advertising, Communications, Social Media, Transport, Search Engine Marketing, Digital Marketing, Logistics, Supply Chain Management, Content Marketing, Chase Bank, J. P. Morgan, RRD, Apollo, Bank, Social media, LLP, Acquisition, Digital, JPMorgan Chase, Latham & Watkins, RR Donnelley, Kirkland & Ellis

Donnelley & Sons Company (“RRD”), a global provider of marketing, packaging, print and supply chain solutions, today announced that it has entered into a definitive agreement to acquire digital and print marketing businesses from Vericast Corp (“Vericast”).

Key Points: 
  • Donnelley & Sons Company (“RRD”), a global provider of marketing, packaging, print and supply chain solutions, today announced that it has entered into a definitive agreement to acquire digital and print marketing businesses from Vericast Corp (“Vericast”).
  • The Vericast Digital Marketing & Technology business includes a sophisticated set of digital marketing solutions that includes: display advertising, contextual targeting, connected TV, dynamic mobile, digital out of home, social media marketing, email marketing, local search, and zero-party data capture.
  • The transaction also includes Vericast’s print marketing business, including shared mail and free-standing inserts, as well as digital and print coupon clearing business.
  • “The acquisition of these businesses strengthens RRD’s existing marketing creative execution with digital marketing capabilities and will move us closer to our client promise to enhance quality and elevate engagement across the full customer journey,” said Tom Quinlan, President and Chief Executive Officer of RRD.

MeridianLink Announces Chief Financial Officer Transition

Retrieved on: 
Monday, March 18, 2024
Finance, Professional Services, Technology, Fintech, Software, Cloud, Organization, Growth, The Walt Disney Company, Strategic planning, CFO, Harvard Business School, JPMorgan Chase, StubHub, Yale University, Management

MeridianLink, Inc. ® (NYSE: MLNK), a leading provider of modern software platforms for financial institutions and consumer reporting agencies, today announced that Sean Blitchok will step down as its chief financial officer (CFO) on April 1, with Larry Katz joining the organization on that day as its new CFO and member of its board of directors.

Key Points: 
  • MeridianLink, Inc. ® (NYSE: MLNK), a leading provider of modern software platforms for financial institutions and consumer reporting agencies, today announced that Sean Blitchok will step down as its chief financial officer (CFO) on April 1, with Larry Katz joining the organization on that day as its new CFO and member of its board of directors.
  • Mr. Katz acted as treasurer at StubHub, a secondary marketplace for live event ticketing, and then acted as its chief financial officer.
  • He served as chief financial officer of Genesys, a global cloud leader in AI-powered experience orchestration.
  • “We are thrilled to welcome Larry as an extremely accomplished executive and business leader to MeridianLink,” said Edward H. McDermott, MeridianLink’s chair of the board.