Cadwalader, Wickersham & Taft

AngioDynamics Announces Sale of PICC and Midline Product Portfolios to Spectrum Vascular for $45 Million

Retrieved on: 
Thursday, February 15, 2024

The transaction consists of AngioDynamics’ PICC, Midline and tip location products.

Key Points: 
  • The transaction consists of AngioDynamics’ PICC, Midline and tip location products.
  • This combined portfolio of products contributed approximately $43.5 million in annual sales during AngioDynamics’ fiscal year 2023.
  • These products contributed approximately $5.5 million in annual sales during AngioDynamics’ fiscal year 2023.
  • The divestiture of the PICC and Midline businesses, together with the discontinuance of the radiofrequency ablation and Syntrax businesses, will reduce full-year fiscal 2024 revenue by approximately $50 million.

Zirinsky Strategy, Strategic Marketing for Professional Services, Publicly Launches

Retrieved on: 
Wednesday, September 6, 2023

NEW YORK, Sept. 6, 2023 /PRNewswire/ -- With a new website, Zirinsky Strategy LLC, and provocative blog, Thinking. Thought Leadership Blog, Zirinsky Strategy publicly launched today. Offering results driven strategic marketing for professional services clients including law firms, accountancies, financial advisors, and management consultants, the firm, founded by Paula Zirinsky, tackles marketing challenges and problem-solving through branding, thought leadership, and intentional marketing initiatives.

Key Points: 
  • Offering results driven strategic marketing for professional services clients including law firms, accountancies, financial advisors, and management consultants, the firm, founded by Paula Zirinsky, tackles marketing challenges and problem-solving through branding, thought leadership, and intentional marketing initiatives.
  • Zirinsky Strategy strongly believes marketing should be results driven, with solutions that solve challenges, achieve goals, and drive growth.
  • Our programs are purposeful, built on thought leadership, branding, and marketing with intention," said Paula Zirinsky, founder of the firm.
  • Zirinsky Strategy offers a range of services including Brand Development, Positioning, and Messaging; Marketing RoadMaps and Implementation; Thought Leadership and Content Management; Marketing, Communications, and Business Development; Marketing Technology Assessment and Strategy; and Team Architecture, Development, and Training.

EverBank, N.A., Announces New Fund Finance Division and Leaders

Retrieved on: 
Tuesday, August 8, 2023

JACKSONVILLE, Fla., Aug. 8, 2023 /PRNewswire/ -- Expanding its commercial banking operations to provide bespoke and customized fund-level financing to alternative asset managers and the private capital industry, EverBank (temporarily doing business as TIAA Bank) today announced the launch of its new Fund Finance division under the leadership of industry veterans Jeff Johnston and Mike Mascia.

Key Points: 
  • EverBank, N.A., Announces New Fund Finance Division and Leaders; Bank welcomes Fund Finance industry veterans
    The new group is based in Charlotte, N.C., and will focus on supporting alternative asset managers and the private capital community's fund-level financing needs, including subscription credit facilities, NAV financing, hybrid facilities, management company lines and other customized credit, advisory and placement solutions.
  • He previously founded and led Wells Fargo's fund finance business and grew it into the world's largest global fund finance platform.
  • He is also a co-founder and the current chairman of the Fund Finance Association, the industry group that advocates for and supports the global fund finance market.
  • Mascia, previously the chair of the Finance Practice and a management committee member at the law firm of Cadwalader, Wickersham and Taft, is credited with founding or co-founding many of the industry's key initiatives, including the Fund Finance Association, the annual Global Fund Finance Symposium (now in its 13th year), the Cadwalader Finance Forum, Fund Finance Friday and Fund Finance University.

AngioDynamics Announces Sale of Dialysis Product Portfolio and BioSentry Product to Merit Medical Systems for $100 Million

Retrieved on: 
Thursday, June 8, 2023

The transaction consists of AngioDynamics’ DuraFlow™, DuraMax®, Evenmore®, Schon XL®, Trio-CT® and Vaxel Plus Hemodialysis Catheter brands, and BioSentry™ Tract Sealant System Biopsy brand.

Key Points: 
  • The transaction consists of AngioDynamics’ DuraFlow™, DuraMax®, Evenmore®, Schon XL®, Trio-CT® and Vaxel Plus Hemodialysis Catheter brands, and BioSentry™ Tract Sealant System Biopsy brand.
  • This combined portfolio of products contributed approximately $32 million in sales in AngioDynamics’ Fiscal Year 2023.
  • AngioDynamics intends to use net proceeds to eliminate its existing debt and support further strategic investments in growth and profitability.
  • Piper Sandler is serving as financial advisor, and Parr Brown Gee & Loveless is serving as legal advisor to Merit Medical Systems.

FD Stonewater Announces Advisory Committee for New Value-Add Evergreen Fund

Retrieved on: 
Thursday, March 9, 2023

ARLINGTON, Va., March 9, 2023 /PRNewswire-PRWeb/ -- The FD Stonewater STAR Evergreen Fund, L.P. (the "STAR Evergreen Fund") formally announced Michael McNamara, Daniel Philips, and Nancy McGrath as initial members of the fund's Advisory Committee. The Advisory Committee's primary role is to review and opine on conflicts of interest related to the fund. The fund launched in December 2022 to pursue a Single Tenant Active Return (STAR) strategy focused on assembling a diversified portfolio of mission-critical single-tenant real estate assets in U.S. secondary and tertiary markets across industrial, government, research and development, and office sectors. In December 2022, FD Stonewater announced the first closing of the STAR Evergreen Fund in the amount of $19 million, simultaneous with the acquisition of two seed assets.

Key Points: 
  • The FD Stonewater STAR Evergreen Fund, L.P. (the "STAR Evergreen Fund") formally announced Michael McNamara, Daniel Philips, and Nancy McGrath as initial members of the fund's Advisory Committee.
  • ARLINGTON, Va., March 9, 2023 /PRNewswire-PRWeb/ -- The FD Stonewater STAR Evergreen Fund, L.P. (the "STAR Evergreen Fund") formally announced Michael McNamara, Daniel Philips, and Nancy McGrath as initial members of the fund's Advisory Committee.
  • In December 2022, FD Stonewater announced the first closing of the STAR Evergreen Fund in the amount of $19 million, simultaneous with the acquisition of two seed assets.
  • Jeffrey Toporek, Co-Founder for FD Stonewater said, "we are incredibly grateful to Mike, Dan, and Nancy for their continued commitment to, and support of, FD Stonewater and the STAR Evergreen Fund.

Litigator Boosts NYC Entertainment, Media & Sports Law Practice

Retrieved on: 
Wednesday, January 18, 2023

NEW YORK, Jan. 18, 2023 /PRNewswire/ -- Albert J. Soler, a seasoned and experienced litigator in entertainment, media, and intellectual property has joined the firm as Partner in Scarinci Hollenbeck's New York City office. 

Key Points: 
  • Seasoned Intellectual Property Attorney and Litigator Albert J. Soler Expands Scarinci's NYC Entertainment, Media, and Sports Law Practice
    NEW YORK, Jan. 18, 2023 /PRNewswire/ -- Albert J. Soler, a seasoned and experienced litigator in entertainment, media, and intellectual property has joined the firm as Partner in Scarinci Hollenbeck's New York City office.
  • As a litigator, Mr. Soler has represented clients in numerous corporate, commercial, and securities matters including breach of contract disputes, investigations by government and regulatory agencies, corporate compliance and more.
  • Prior to joining the firm, Mr. Soler was a litigator at Cadwalader, Wickersham & Taft in New York, NY, and founder of entertainment law firm Soler Legal, LLC.
  • You can learn more about Mr. Soler's background and legal practice at: www.scarincihollenbeck.com/attorneys/albert-j-soler
    This press release was originally published at: https://scarincihollenbeck.com/firm-news/albert-soler-joins-nyc-entertai...

Anji Pharma and Population Health Partners Enter into Strategic Collaboration to Jointly Address High Prevalence Human Disease

Retrieved on: 
Wednesday, October 19, 2022

Anji Pharmaceuticals and Population Health Partners today announced that they have entered into a strategic collaboration, bringing together two complementary teams to jointly address high prevalence human diseases.

Key Points: 
  • Anji Pharmaceuticals and Population Health Partners today announced that they have entered into a strategic collaboration, bringing together two complementary teams to jointly address high prevalence human diseases.
  • Anji is progressing high potential late-stage clinical assets in Phase II and Phase III development.
  • Locust Walk serves as an advisor to Anji and will work in concert with Anji and PHP to further the goals of the strategic collaboration.
  • Population Health Partners, L.P. is a private equity firm committed to building great companies around important late-stage therapeutics and solving the health and economic challenges presented by prevalent diseases.

Two Harbors Investment Corp. Announces Definitive Agreement to Acquire RoundPoint Mortgage Servicing Corporation

Retrieved on: 
Wednesday, August 3, 2022

(NYSE: TWO), an Agency + MSR mortgage real estate investment trust, today announced that Matrix Financial Services Corporation, a wholly owned subsidiary (Matrix), has entered into a definitive stock purchase agreement to acquire RoundPoint Mortgage Servicing Corporation (RoundPoint) from Freedom Mortgage Corporation (Freedom).

Key Points: 
  • (NYSE: TWO), an Agency + MSR mortgage real estate investment trust, today announced that Matrix Financial Services Corporation, a wholly owned subsidiary (Matrix), has entered into a definitive stock purchase agreement to acquire RoundPoint Mortgage Servicing Corporation (RoundPoint) from Freedom Mortgage Corporation (Freedom).
  • Matrix has agreed to engage RoundPoint as a subservicer prior to the closing date and expects to begin transferring loans to RoundPoint in the fourth quarter of 2022.
  • Upon closing, all servicing licenses and capabilities will remain with RoundPoint, and RoundPoint will become a wholly owned subsidiary of Matrix.
  • Two Harbors Investment Corp., a Maryland corporation, is a real estate investment trust that invests in residential mortgage-backed securities, mortgage servicing rights and other financial assets.

AviaGames Expands Leadership Team Amid Expansive Growth

Retrieved on: 
Thursday, February 17, 2022

Underscoring the growth of the Pocket7Games platform amid an explosive mobile gaming market landscape, the onboarding of Leichtner and Lu augments the team's experience and expertise, helping position AviaGames for its next phase of operational scale.

Key Points: 
  • Underscoring the growth of the Pocket7Games platform amid an explosive mobile gaming market landscape, the onboarding of Leichtner and Lu augments the team's experience and expertise, helping position AviaGames for its next phase of operational scale.
  • Lu joins AviaGames with nearly two decades of experience across business development, product strategy and merger & acquisition (M&A) efforts in the gaming industry.
  • "Mr. Leichtner and Mr. Lu bring a breadth of invaluable, specialized expertise and knowledge that is vital to the long-term success of AviaGames," said Vickie Chen, CEO and founder, AviaGames.
  • "I am honored to join the AviaGames team, working closely with Chen and Wang to build out the company's legal infrastructure and contributing to the company's next phase of growth."

Cowen to Acquire Portico Capital Advisors, Accelerating M&A Advisory Momentum in Strategic, Long-Term Growth Sectors

Retrieved on: 
Tuesday, November 23, 2021

The strategic acquisition positions Portico to provide the full breadth of Cowens capital markets, advisory, and research capabilities to clients.

Key Points: 
  • The strategic acquisition positions Portico to provide the full breadth of Cowens capital markets, advisory, and research capabilities to clients.
  • Porticos deep sector expertise, sell-side focus, and track record advising blue-chip companies and leading private equity firms have proven key differentiators among specialist M&A advisory firms.
  • Perkins Advisors LLC acted as financial advisor to Cowen, and Willkie, Farr & Gallagher as legal advisor to Cowen.
  • M. Klein & Company acted as financial advisor to Portico, and Cadwalader, Wickersham & Taft as legal advisor to Portico.