Holland & Knight

JetBlue Announces CEO Succession

Retrieved on: 
Monday, January 8, 2024

For nearly 35 years – both at British Airways and here at JetBlue – I’ve loved working in this industry.

Key Points: 
  • For nearly 35 years – both at British Airways and here at JetBlue – I’ve loved working in this industry.
  • “It has been a privilege to lead JetBlue for the past nine years, and I am proud of all we have accomplished.
  • In addition, Joanna and the team have developed a strong plan for JetBlue as we work to return to profitability.
  • Together, she and Robin have worked to ensure the company is strong and well positioned for the future.”
    Geraghty said, “I am honored and excited to serve as the next CEO of JetBlue.

O2X Human Performance Announces Growth Investment from Falfurrias Growth Partners

Retrieved on: 
Thursday, January 4, 2024

SCITUATE, Mass. and CHARLOTTE, N.C., Jan. 4, 2024 /PRNewswire/ -- O2X Human Performance (O2X), one of the fastest growing and industry leading providers of custom wellness and performance programs for federal agencies, the military, public safety departments, and corporations in the U.S., today announced a growth investment from Falfurrias Growth Partners (Falfurrias), a Charlotte-based private equity fund focused on growth-oriented, lower middle-market businesses. The transaction will facilitate continued growth across O2X's end markets through additional investments in technology, product offerings, and sales & marketing, as well as adding additional capabilities to the robust O2X platform.

Key Points: 
  • and CHARLOTTE, N.C., Jan. 4, 2024 /PRNewswire/ -- O2X Human Performance (O2X), one of the fastest growing and industry leading providers of custom wellness and performance programs for federal agencies, the military, public safety departments, and corporations in the U.S., today announced a growth investment from Falfurrias Growth Partners (Falfurrias), a Charlotte-based private equity fund focused on growth-oriented, lower middle-market businesses.
  • "Joining forces with Falfurrias will give us significant additional resources to embark upon our next phase of growth at O2X," said Gabriel Gomez, Managing Partner, O2X.
  • "We will continue to serve as loyal partners to our clients and this investment from Falfurrias will enhance our ability to serve even more deeply our clients looking to optimize human performance."
  • Equity for this investment comes from Falfurrias Growth Partners I, a growth buyout fund strategy launched by Falfurrias Management Partners in 2023, and builds on the firm's experience in the Government Services and Tech-Enabled Services sectors.

Orrstown Financial Services, Inc. and Codorus Valley Bancorp, Inc. Announce a Merger of Equals to Create a Premier Pennsylvania and Maryland Community Banking Franchise

Retrieved on: 
Tuesday, December 12, 2023

This merger is a testament to our dedication to innovation, client satisfaction, community engagement and long-term growth in the dynamic landscape of the financial industry.

Key Points: 
  • This merger is a testament to our dedication to innovation, client satisfaction, community engagement and long-term growth in the dynamic landscape of the financial industry.
  • The combined company will operate under the "Orrstown Financial Services, Inc." name, and the combined bank will operate under the "Orrstown Bank" name.
  • The combined company's Board of Directors will consist of seven directors from Orrstown and six directors from Codorus Valley.
  • Codorus Valley directors and executive officers have entered into agreements with Orrstown pursuant to which they have committed to vote their shares of Codorus Valley common stock in favor of the merger of Codorus Valley with and into Orrstown.

Orrstown Financial Services, Inc. and Codorus Valley Bancorp, Inc. Announce a Merger of Equals to Create a Premier Pennsylvania and Maryland Community Banking Franchise

Retrieved on: 
Tuesday, December 12, 2023

This merger is a testament to our dedication to innovation, client satisfaction, community engagement and long-term growth in the dynamic landscape of the financial industry.

Key Points: 
  • This merger is a testament to our dedication to innovation, client satisfaction, community engagement and long-term growth in the dynamic landscape of the financial industry.
  • The combined company will operate under the "Orrstown Financial Services, Inc." name, and the combined bank will operate under the "Orrstown Bank" name.
  • The combined company's Board of Directors will consist of seven directors from Orrstown and six directors from Codorus Valley.
  • Codorus Valley directors and executive officers have entered into agreements with Orrstown pursuant to which they have committed to vote their shares of Codorus Valley common stock in favor of the merger of Codorus Valley with and into Orrstown.

Nonprofit Sector Faces Pressing Challenges in Worker Stress, Public Trust, and Donor Participation, Shows New Report at the 2023 Upswell Summit

Retrieved on: 
Monday, November 13, 2023

Independent Sector launched the report in advance of the 2023 Upswell Summit , co-hosted with Social Venture Partners (SVP) Dallas in Dallas, Texas on November 15-17, 2023.

Key Points: 
  • Independent Sector launched the report in advance of the 2023 Upswell Summit , co-hosted with Social Venture Partners (SVP) Dallas in Dallas, Texas on November 15-17, 2023.
  • The 2023 Upswell Summit will provide a central meeting place for more than 600 nonprofit and foundation leaders, philanthropists, business and corporate leaders, activists, academics, journalists, and changemakers.
  • The report covers sector health data, as well as Independent Sector’s analysis from 2022 through the second quarter of 2023.
  • View the official PSA for the 2023 Upswell Summit here: https://youtu.be/sKKuyP41vDI
    You may also follow along on social media using #Upswell2023.

TREND Health Partners Acquires Advent Health Partners

Retrieved on: 
Friday, December 15, 2023

TREND Health Partners (“TREND”), a rapidly growing provider of healthcare credit balance management and payment accuracy solutions, announced today that it has acquired Advent Health Partners, Inc. (“Advent”).

Key Points: 
  • TREND Health Partners (“TREND”), a rapidly growing provider of healthcare credit balance management and payment accuracy solutions, announced today that it has acquired Advent Health Partners, Inc. (“Advent”).
  • “Rarely do you come across two companies with such complementary capabilities and aligned visions as what we found with TREND and Advent.
  • We are very excited to welcome the Advent team into our organization,” said Sarah Armstrong, CEO of TREND.
  • OM Partners, LLC served as exclusive financial advisor and Barnes & Thornburg LLP served as legal counsel to Advent.

Asbury Automotive Group Completes Acquisition of Jim Koons Automotive Companies

Retrieved on: 
Monday, December 11, 2023

Asbury Automotive Group, Inc. (NYSE: ABG), one of the U.S.’ largest automotive retail and service companies, has completed the acquisition of Jim Koons Automotive Companies, the ninth largest privately-owned dealership group in the U.S.

Key Points: 
  • Asbury Automotive Group, Inc. (NYSE: ABG), one of the U.S.’ largest automotive retail and service companies, has completed the acquisition of Jim Koons Automotive Companies, the ninth largest privately-owned dealership group in the U.S.
  • “Jim Koons’ passion for the car business, as well as his enthusiastic leadership of his group, is evident at every level of the Koons organization.
  • Koons’ rich 50 year history could not have been achieved without the contributions and support of our stellar employees,” said Jim Koons, Chairman of Jim Koons Automotive Companies.
  • His passion and commitment to excellence is evident in the incredible organization he built in the Jim Koons Automotive Companies.

Urologic Consultants Has Joined Solaris Health

Retrieved on: 
Monday, December 4, 2023

Solaris Health Holdings announced today that Urologic Consultants of Grand Rapids, MI, has joined as an affiliate.

Key Points: 
  • Solaris Health Holdings announced today that Urologic Consultants of Grand Rapids, MI, has joined as an affiliate.
  • Urologic Consultants brings to Solaris the skills and talents of 10 providers who care for over 15,000 unique patients each year.
  • The addition of Urologic Consultants means that Solaris now aligns the skills and talents of over 650 providers who annually care for over 900,000 unique patients located in 13 states.
  • “Urologic Consultants has been moving medicine forward for the benefit of the people of Michigan since its inception,” said Dr. John Anema, president of Urologic Consultants.

Madison Dearborn Partners Acquires T2S Solutions to Enable Continued Growth and Innovation in Support of U.S. Defense and Intelligence Missions

Retrieved on: 
Wednesday, November 29, 2023

The T2S founders will retain a significant minority ownership position and will continue to lead the Company.

Key Points: 
  • The T2S founders will retain a significant minority ownership position and will continue to lead the Company.
  • We’re excited to partner with MDP as we continue on our mission to deliver increasingly innovative technologies and solutions while maintaining our rapid growth.
  • Today, we are strategically positioned at the center of high-priority defense technology areas that will see significant growth for years to come,” said Tim Jahnigen, Co-Founder & Chief Growth Officer of T2S.
  • Raymond James served as financial advisor to MDP and Kirkland & Ellis and Crowell & Moring provided legal counsel.

Building Industry Partners Portfolio Company, U.S. Fence Solutions, Completes Sale of Ideal Fencing Corp. to Soil Nail Holdings

Retrieved on: 
Wednesday, November 22, 2023

Fence”), a portfolio company of building industry-focused investment firm, Building Industry Partners LLC (“BIP”), has sold Ideal Fencing Corp. (“Ideal” or the “Company”) to Soil Nail Holdings (“SNH”).

Key Points: 
  • Fence”), a portfolio company of building industry-focused investment firm, Building Industry Partners LLC (“BIP”), has sold Ideal Fencing Corp. (“Ideal” or the “Company”) to Soil Nail Holdings (“SNH”).
  • Ideal also fabricates and installs commercial chain-link and iron fencing, serving Colorado’s Front Range and beyond.
  • Fence will focus on growing its residential and commercial fencing installation business at Split Rail Fence in the Front Range of Colorado.
  • Building Industry Partners (“BIP”) is the leading private equity investment firm focused on the U.S. building industry.