Taft

Daniel Gaefke to join Group Management Board as BayWa r.e. plans to triple capacity of wind and solar project development

Retrieved on: 
Thursday, August 3, 2023

is appointing Daniel Gaefke to its Group Management Board as the business continues to focus on the expansion of its global Wind and Solar Projects business.

Key Points: 
  • is appointing Daniel Gaefke to its Group Management Board as the business continues to focus on the expansion of its global Wind and Solar Projects business.
  • Currently Director of Projects APAC, Daniel will join CEO Matthias Taft, CFO Mihaela Seidl and COO Guenter Haug on the Board.
  • has set the goal of tripling the capacity of current wind and solar development by 2026 and building its Independent Power Producer (IPP) portfolio to 3 gigawatts (GW).
  • He will also take responsibility for the company's Energy Solutions business, which is helping corporations in their own energy transition.

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.

Advantum Health Recognized as One of Louisville's Best Places to Work

Retrieved on: 
Friday, August 4, 2023

LOUISVILLE, Ky., Aug. 4, 2023 /PRNewswire/ -- Advantum Health, an industry-leading practice revenue management authority based in Louisville, has been recognized by Louisville Business First as one of the Louisville area's Best Places to Work for the second year in a row.

Key Points: 
  • LOUISVILLE, Ky., Aug. 4, 2023 /PRNewswire/ -- Advantum Health , an industry-leading practice revenue management authority based in Louisville, has been recognized by Louisville Business First as one of the Louisville area's Best Places to Work for the second year in a row.
  • As a leader, I am truly passionate about the work we do and the benefits we deliver to clients.
  • I am very proud to work at Advantum and feel like the sky's the limit to what we can achieve."
  • A telling indicator from the Best Places to Work employee survey was the word most used to describe Advantum's company culture in one word.

Thoma Bravo Announces Strategic Growth Investment in Bluesight to Support the Company's Acquisition of Medacist

Retrieved on: 
Monday, July 17, 2023

ALEXANDRIA, Va. and CHESHIRE, Conn. and SAN FRANCISCO, Calif., July 17, 2023 /PRNewswire/ -- Thoma Bravo, a leading software investment firm, today announced the closing of a strategic growth investment in Bluesight, the Medication Intelligence™ Company. The investment is expected to further enhance Bluesight's drug diversion prevention offerings through its acquisition of Medacist, a pioneer in drug diversion monitoring, and continue to grow Bluesight's inventory management and spend optimization offerings. Current investor New Leaf Ventures will remain invested in the business. Financial terms of the transaction were not disclosed.

Key Points: 
  • ALEXANDRIA, Va. and CHESHIRE, Conn. and SAN FRANCISCO, Calif., July 17, 2023 /PRNewswire/ -- Thoma Bravo, a leading software investment firm, today announced the closing of a strategic growth investment in Bluesight, the Medication Intelligence™ Company.
  • Additional resources from Thoma Bravo will help accelerate the realization of Bluesight's vision and are expected to significantly benefit its customers.
  • "Partnering with Thoma Bravo enables us to increase our investment in Medication Intelligence™ and serve our health system customers more completely across the drug lifecycle.
  • Medacist is thrilled to partner with Bluesight and Thoma Bravo to accelerate our impact."

Chris Taft, Advantum CFO, Recognized as one of Louisville's Best in Finance

Retrieved on: 
Thursday, July 6, 2023

LOUISVILLE, K.Y., July 6, 2023 /PRNewswire/ -- Chris Taft, CFO of Advantum Health, an industry-leading practice revenue management authority based in Louisville, has been recognized by Louisville Business First as one of the region's best executives in finance in 2023.

Key Points: 
  • LOUISVILLE, K.Y., July 6, 2023 /PRNewswire/ -- Chris Taft, CFO of Advantum Health , an industry-leading practice revenue management authority based in Louisville, has been recognized by Louisville Business First as one of the region's best executives in finance in 2023.
  • Back for its seventh year, Louisville Business First recently announced its 2023 Best in Finance Awards, presented by Truist, to recognize outstanding professionals working in a finance position at a Louisville-area company or nonprofit organization.
  • Before joining Advantum Health in 2016 as a Director of Business Development, Taft worked in wealth management for Merrill Lynch and UBS, and founded a mobile app startup.
  • Louisville Business First honored 25 local professionals as the 2023 Best in Finance.

A brief history of colorful presidential relatives, from Alice Roosevelt to Hunter Biden

Retrieved on: 
Thursday, June 22, 2023

The president responded to the news of Hunter’s charges, saying on June 20, 2023, that he is “very proud of my son”.

Key Points: 
  • The president responded to the news of Hunter’s charges, saying on June 20, 2023, that he is “very proud of my son”.
  • Their shortcomings, vices and sometimes even physical appearance have been fodder for gossip columns, political opponents and comedians.
  • Hunter Biden is not the first child of a president to be charged with a crime.
  • Jenna and Barbara Bush pleaded “no contest” in 2001 to misdemeanor charges of underage drinking and using a false ID.

Youthful indiscretions

    • Madison went deeply into debt trying to pay off Todd’s vices, including once bailing him out of debtor’s prison.
    • In the mid-1800s, Todd’s debts eventually forced his widowed mother to sell the family estate, Montpelier.
    • Todd even had a lawyer visit his mother on her deathbed to rewrite her will, making himself her sole heir.
    • Alice Roosevelt, the oldest child of Theodore Roosevelt, also presented some complications for her father during his presidency in the early 1900s.

That’s my brother

    • Lyndon Johnson’s brother, Sam Houston Johnson, was often quite talkative after he had a few drinks.
    • The president eventually had to use the Secret Service to follow his brother to ensure he didn’t disclose any embarrassing information to the press .
    • As the president’s brother, he toured the country to make money and hawk his own Billy Beer.

Keeping it in the family

    • They, too, have family members who do or say things that eventually become stories for the dinner table – or tales people want to push under the rug.
    • The Republican-controlled House continues to investigate his bank records, as well as lingering questions about money he received from foreign organizations.

Hunter Biden is expected to plead guilty to tax and gun charges – continuing a long presidential legacy of colorful relatives

Retrieved on: 
Thursday, June 22, 2023

Joe Biden has long defended his son amid his drug addiction and other personal issues, including a paternity scandal and ongoing court battle over child support.

Key Points: 
  • Joe Biden has long defended his son amid his drug addiction and other personal issues, including a paternity scandal and ongoing court battle over child support.
  • The president responded to the news of Hunter’s charges, saying on June 20, 2023, that he is “very proud of my son”.
  • Hunter Biden is not the first child of a president to be charged with a crime.
  • Jenna and Barbara Bush pleaded “no contest” in 2001 to misdemeanor charges of underage drinking and using a false ID.

Youthful indiscretions

    • Madison went deeply into debt trying to pay off Todd’s vices, including once bailing him out of debtor’s prison.
    • In the mid-1800s, Todd’s debts eventually forced his widowed mother to sell the family estate, Montpelier.
    • Todd even had a lawyer visit his mother on her deathbed to rewrite her will, making himself her sole heir.
    • Alice Roosevelt, the oldest child of Theodore Roosevelt, also presented some complications for her father during his presidency in the early 1900s.

That’s my brother

    • Lyndon Johnson’s brother, Sam Houston Johnson, was often quite talkative after he had a few drinks.
    • The president eventually had to use the Secret Service to follow his brother to ensure he didn’t disclose any embarrassing information to the press .
    • As the president’s brother, he toured the country to make money and hawk his own Billy Beer.

Keeping it in the family

    • They, too, have family members who do or say things that eventually become stories for the dinner table – or tales people want to push under the rug.
    • The Republican-controlled House continues to investigate his bank records, as well as lingering questions about money he received from foreign organizations.

Mayfair Refinances Innovative DisplayWorks, Inc.

Retrieved on: 
Thursday, June 8, 2023

Mayfair Capital Partners™ (Mayfair), an in-house division of Oxford Financial Group, Ltd., has entered into a definitive agreement to refinance its portfolio company, Innovative DisplayWorks, Inc. (IDW).

Key Points: 
  • Mayfair Capital Partners™ (Mayfair), an in-house division of Oxford Financial Group, Ltd., has entered into a definitive agreement to refinance its portfolio company, Innovative DisplayWorks, Inc. (IDW).
  • Mayfair and its underlying investors will retain majority ownership of the Company and will continue to support Quay Brown, Chief Executive Officer, and the outstanding management team and skilled employees.
  • Mayfair and IDW worked with KPMG Corporate Finance LLC (KPMG CF) as its exclusive financial advisor in connection with securing a new asset-based credit facility, ultimately selecting a regional bank that offered a compelling credit package designed to support the company’s long-term growth initiatives.
  • For more information regarding this transaction, contact Robert “Bo” Ramsey III JD, MBA, CFA, CAIA, Chief Investment Officer, at [email protected] Ty Schlobohm, Managing Director, Private Equity, at [email protected] .

NGL Energy Partners LP Signs Agreements to Sell Marine Assets for $111.65MM

Retrieved on: 
Monday, March 6, 2023

NGL Energy Partners LP (NYSE:NGL) (“NGL,” “our,” “we,” or the “Partnership”) announced the signing of two definitive agreements to sell all of its marine assets for $111.65 million in cash in the aggregate.

Key Points: 
  • NGL Energy Partners LP (NYSE:NGL) (“NGL,” “our,” “we,” or the “Partnership”) announced the signing of two definitive agreements to sell all of its marine assets for $111.65 million in cash in the aggregate.
  • NGL provided waterborne transportation of refined products and crude oil for a diversified group of customers which include major oil refineries on the Gulf Coast with these assets.
  • NGL’s marine fleet consists of 13 towboats and 25 tank barges.
  • “I want to thank our Marine employees for their hard work and service over the years to build one of the best fleets in the business.

Bridgeway Benefit Technologies Executes Long-Term CEO Succession Plan

Retrieved on: 
Thursday, February 23, 2023

BALTIMORE, Feb. 23, 2023 /PRNewswire-PRWeb/ -- Bridgeway Benefit Technologies LLC (Bridgeway or the Company), a leading provider of specialized multiemployer benefits administration technology solutions for more than 40 years, today announced Todd Plesko, a software technology veteran, has joined the company as Chief Executive Officer. After a transition period, current CEO, Jenny Morgan, will retire and step down to serve as Chairman of the Board as part of Bridgeway's long-term succession plan. Under Plesko the Company is positioned to continue to grow and scale its comprehensive suite of technology services to the multiemployer sector.

Key Points: 
  • After a transition period, current CEO, Jenny Morgan, will retire and step down to serve as Chairman of the Board as part of Bridgeway's long-term succession plan.
  • I am tremendously excited to lead Bridgeway and eager to dive in and begin a wonderful new adventure as part of the Bridgeway team," said Plesko.
  • Plesko brings a 27-year career to Bridgeway as CEO of several software-as-a-service companies ranging from start-up to mature growth-oriented organizations.
  • Morgan, served as CEO of basys LLC for 13 years and most recently guided the Company through the successful merger of basys and Innovative Software Solutions (ISSI) Inc to form Bridgeway Benefit Technologies in 2022.