Financial system

Harris Williams Advises D&H United Fueling Solutions on its Sale to Wind Point Partners

Retrieved on: 
Friday, September 23, 2022

Harris Williams , a global investment bank specializing in M&A advisory services, announces it advised D&H United Fueling Solutions (D&H United), a portfolio company of KLH Capital (KLH), on its sale to Wind Point Partners (Wind Point).

Key Points: 
  • Harris Williams , a global investment bank specializing in M&A advisory services, announces it advised D&H United Fueling Solutions (D&H United), a portfolio company of KLH Capital (KLH), on its sale to Wind Point Partners (Wind Point).
  • We continue to see strong investor appetite for companies like D&H United that provide mission-critical, non-deferrable services in fragmented industries, said Graham Gillam, a director at Harris Williams.
  • Wind Point is currently investing out of Wind Point Partners X, a fund that was initiated in 2022.
  • Harris Williams is a trade name under which Harris Williams LLC, Harris Williams & Co. Ltd and Harris Williams & Co. Corporate Finance Advisors GmbH conduct business.

Harris Williams Advises Authority Brands on its Pending Sale to British Columbia Investment Management Corporation and Funds Advised by Apax

Retrieved on: 
Wednesday, September 21, 2022

Harris Williams , a global investment bank specializing in M&A advisory services, announces it is advising Authority Brands, a portfolio company of Apax Partners LLP (Apax), on its pending sale to British Columbia Investment Management Corporation (BCI) alongside funds advised by Apax (Apax Funds), which will retain majority ownership.

Key Points: 
  • Harris Williams , a global investment bank specializing in M&A advisory services, announces it is advising Authority Brands, a portfolio company of Apax Partners LLP (Apax), on its pending sale to British Columbia Investment Management Corporation (BCI) alongside funds advised by Apax (Apax Funds), which will retain majority ownership.
  • Authority Brands represents another marquee transaction for Harris Williams in the residential services and franchising sectors.
  • Authority Brands is the premier residential services franchising platform providing services from the property line to the roof line.
  • Harris Williams is a trade name under which Harris Williams LLC, Harris Williams & Co. Ltd and Harris Williams & Co. Corporate Finance Advisors GmbH conduct business.

Harris Williams Advises Cority on its Acquisition of Reporting 21

Retrieved on: 
Tuesday, September 20, 2022

The transaction was led by Julien Oussadon , Erik Szyndlar and Brian Titterington of the Harris Williams Technology Group .

Key Points: 
  • The transaction was led by Julien Oussadon , Erik Szyndlar and Brian Titterington of the Harris Williams Technology Group .
  • This is the third time Harris Williams has worked with Cority CEO Mark Wallace, and we continue to be impressed by what he and his team have built.
  • We look forward to watching them continue to execute on their strategic vision for the company, said Erik Szyndlar, a managing director at Harris Williams.
  • Harris Williams is a trade name under which Harris Williams LLC, Harris Williams & Co. Ltd and Harris Williams & Co. Corporate Finance Advisors GmbH conduct business.

US Financial 15 Split Corp. Preferred Dividend Declared

Retrieved on: 
Tuesday, September 20, 2022

TORONTO, Sept. 20, 2022 (GLOBE NEWSWIRE) -- US Financial 15 Split Corp ("US Financial 15") declares its monthly distribution of $0.05375 for each Preferred share, or 10.00% annually based on the previous month end net asset value.

Key Points: 
  • TORONTO, Sept. 20, 2022 (GLOBE NEWSWIRE) -- US Financial 15 Split Corp ("US Financial 15") declares its monthly distribution of $0.05375 for each Preferred share, or 10.00% annually based on the previous month end net asset value.
  • Distributions are payable October 7, 2022 to shareholders on record as at September 30, 2022.
  • US Financial 15 invests in a portfolio consisting of 15 U.S. financial services companies as follows: American Express, Bank of America, Bank of New York Mellon Corp., Citigroup, CME Group Inc., Fifth Third Bancorp, The Goldman Sachs Group, J.P. Morgan Chase & Co., Morgan Stanley, PNC Financial Services Group Inc., Regions Financial Corp., State Street Corp., SunTrust Banks, U.S. Bancorp, and Wells Fargo.

Network for Greening the Financial System (NGFS) Central Bankers Exaggerate Climate Risks says Friends of Science

Retrieved on: 
Thursday, September 15, 2022

CALGARY, Alberta, Sept. 15, 2022 /PRNewswire-PRWeb/ -- The Network for Greening the Financial System (NGFS) is an influential collaboration of central bankers, that is misusing climate scenarios and exaggerating climate risks, says Friends of Science Society, pointing out that this unfavorably skews markets, investments, and public policies on climate and carbon taxes, exacerbating the energy crisis.

Key Points: 
  • Central bankers via the Network for Greening the Financial System (NGFS) are skewing markets through exaggerated climate risk models says Friends of Science Society.
  • Efforts to debunk the CLINTEL World Climate Declaration that "there's no climate emergency and we do have time" show media 'fact-checker' bias and journalists' ignorance of climate science complexities.
  • CALGARY, Alberta, Sept. 15, 2022 /PRNewswire-PRWeb/ -- The Network for Greening the Financial System (NGFS) is an influential collaboration of central bankers, that is misusing climate scenarios and exaggerating climate risks, says Friends of Science Society, pointing out that this unfavorably skews markets, investments, and public policies on climate and carbon taxes, exacerbating the energy crisis.
  • Friends of Science Society questions the propriety of the banking community tinkering with climate science at all.

Harris Williams Advises PharmaLex Group on its Pending Sale to AmerisourceBergen

Retrieved on: 
Wednesday, September 14, 2022

Harris Williams , a global investment bank specializing in M&A advisory services, announces it is advising PharmaLex Group (PharmaLex) on its pending sale to AmerisourceBergen.

Key Points: 
  • Harris Williams , a global investment bank specializing in M&A advisory services, announces it is advising PharmaLex Group (PharmaLex) on its pending sale to AmerisourceBergen.
  • "The PharmaLex team has done a tremendous job of building an international, tech-enabled, regulatory-focused functional solutions platform, said Julian Feneley, a managing director at Harris Williams.
  • "We are thrilled to represent PharmaLex across our Frankfurt, London and Richmond offices, said Cheairs Porter, a managing director at Harris Williams.
  • Harris Williams is a trade name under which Harris Williams LLC, Harris Williams & Co. Ltd and Harris Williams & Co. Corporate Finance Advisors GmbH conduct business.

Alerus Financial Corporation Declares Cash Dividend on Common Shares

Retrieved on: 
Tuesday, September 13, 2022

Alerus Financial Corporation (NASDAQ: ALRS) announced that its board of directors declared a regular quarterly cash dividend of $0.18 per common share, a 12.5% increase over the dividend paid a year ago.

Key Points: 
  • Alerus Financial Corporation (NASDAQ: ALRS) announced that its board of directors declared a regular quarterly cash dividend of $0.18 per common share, a 12.5% increase over the dividend paid a year ago.
  • Current and historic dividend information, as well as quarterly financial statements, investor presentations, and earnings call transcripts are available online through Alerus investor relations website at investors.alerus.com .
  • Alerus Financial Corporation is a diversified financial services company with corporate offices in Grand Forks, North Dakota, and the Minneapolis-St. Paul, Minnesota metropolitan area.
  • Through its subsidiary, Alerus Financial, N.A., Alerus provides innovative and comprehensive financial solutions to business and consumer clients through four distinct business segmentsbanking, retirement and benefit services, wealth management, and mortgage.

Harris Williams Advises People, Pets & Vets on its Sale to VetCor

Retrieved on: 
Tuesday, September 13, 2022

The transaction was led by Whit Knier , Geoff Smith , Michael Mahoney , Rob Crampton and Sydney Pruitt of the Harris Williams Healthcare & Life Sciences (HCLS) Group .

Key Points: 
  • The transaction was led by Whit Knier , Geoff Smith , Michael Mahoney , Rob Crampton and Sydney Pruitt of the Harris Williams Healthcare & Life Sciences (HCLS) Group .
  • Harris Williams is committed to execution excellence and to building enduring, valued relationships that are based on mutual trust.
  • For more information on the HCLS Group and other recent transactions, visit the HCLS Groups section of the Harris Williams website.
  • Harris Williams is a trade name under which Harris Williams LLC, Harris Williams & Co. Ltd and Harris Williams & Co. Corporate Finance Advisors GmbH conduct business.

Invast Global selects oneZero as core technology provider for their Multi-asset Prime Services business.

Retrieved on: 
Thursday, September 8, 2022

CAMBRIDGE, Mass., Sept. 8, 2022 /PRNewswire/ -- oneZero, a global leader in multi-asset enterprise trading technology solutions, today announced that Australian headquartered Invast Global has selected oneZero for their core trading technology needs across their global institutional business replacing several incumbent systems.

Key Points: 
  • CAMBRIDGE, Mass., Sept. 8, 2022 /PRNewswire/ -- oneZero, a global leader in multi-asset enterprise trading technology solutions, today announced that Australian headquartered Invast Global has selected oneZero for their core trading technology needs across their global institutional business replacing several incumbent systems.
  • As an award-winning, multi-asset provider of prime services, Invast Global offers trading solutions for a wide variety of institutional market participants and sophisticated financial services clients.
  • Invast Global has taken servers in London, New York and Tokyo, with real time data center replication to ensure maximal resiliency across their global footprint to help to optimise the client experience.
  • Invast Global is an award-winning multi-asset prime broker specialising in providing prime services to brokers, hedge funds, proprietary trading firms and banks through stable, long-standing relationships with numerous tier-one Prime Brokers.

Invast Global selects oneZero as core technology provider for their Multi-asset Prime Services business.

Retrieved on: 
Thursday, September 8, 2022

CAMBRIDGE, Mass., Sept. 8, 2022 /PRNewswire/ -- oneZero, a global leader in multi-asset enterprise trading technology solutions, today announced that Australian headquartered Invast Global has selected oneZero for their core trading technology needs across their global institutional business replacing several incumbent systems.

Key Points: 
  • CAMBRIDGE, Mass., Sept. 8, 2022 /PRNewswire/ -- oneZero, a global leader in multi-asset enterprise trading technology solutions, today announced that Australian headquartered Invast Global has selected oneZero for their core trading technology needs across their global institutional business replacing several incumbent systems.
  • As an award-winning, multi-asset provider of prime services, Invast Global offers trading solutions for a wide variety of institutional market participants and sophisticated financial services clients.
  • Invast Global has taken servers in London, New York and Tokyo, with real time data center replication to ensure maximal resiliency across their global footprint to help to optimise the client experience.
  • Invast Global is an award-winning multi-asset prime broker specialising in providing prime services to brokers, hedge funds, proprietary trading firms and banks through stable, long-standing relationships with numerous tier-one Prime Brokers.