Investment Technology Group

Phoenix Mecano opens new industrial park in China

Retrieved on: 
Thursday, December 7, 2023

Technology Group Phoenix Mecano today celebrates the opening of its new industrial park in Jiaxing.

Key Points: 
  • Technology Group Phoenix Mecano today celebrates the opening of its new industrial park in Jiaxing.
  • In addition to production halls equipped with state-of-the-art technology, it includes a global research and development center as well as a certification laboratory in accordance with the Chinese national industrial standard.
  • Phoenix Mecano Group CEO Dr. Rochus Kobler said: "The DewertOkin Technology Group is very well established in its target markets as a leading provider of system solutions.
  • At the same time, demand for healthcare furniture in hospitals and home care is increasing as society ages.

EISNERAMPER NAMES 21 NEW PARTNERS

Retrieved on: 
Wednesday, September 6, 2023

NEW YORK, Sept. 6, 2023 /PRNewswire/ -- Eisner Advisory Group LLC, one of the world's largest business consulting firms, announced that it has admitted 21 new partners effective August 1, 2023.

Key Points: 
  • NEW YORK, Sept. 6, 2023 /PRNewswire/ -- Eisner Advisory Group LLC, one of the world's largest business consulting firms, announced that it has admitted 21 new partners effective August 1, 2023.
  • "We are proud and excited to welcome our new partners.
  • Each one is an accomplished professional whose unique perspective, diverse expertise and client-centric mindset will help EisnerAmper continue to unlock potential," said Eisner Advisory Group CEO Charly Weinstein.
  • The entire EisnerAmper partnership joins me in congratulating them on this achievement."

BCLP Expands IP and Corporate Practices with High-Profile Group Hire

Retrieved on: 
Tuesday, June 20, 2023

Song Jung joins BCLP as the new Global Chair of Patents, after previously founding and chairing the Global Intellectual Property & Technology Group at Dentons, where he also served on the firm’s board.

Key Points: 
  • Song Jung joins BCLP as the new Global Chair of Patents, after previously founding and chairing the Global Intellectual Property & Technology Group at Dentons, where he also served on the firm’s board.
  • A group of eight counsel and patent professionals has also joined BCLP, with additional team members onboarding in the coming weeks.
  • Song has built one of the preeminent intellectual property practices in the world, recognized by Intellectual Asset Management magazine and Managing IP Guide, among others.
  • He has counseled clients through numerous IP litigation matters covering a wide range of technologies and industries in national and international jurisdictions.

Brookfield Infrastructure and Ontario Teachers’ to Acquire Compass Datacenters from RedBird Capital Partners and Azrieli Group

Retrieved on: 
Tuesday, June 20, 2023

DALLAS, June 20, 2023 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. and its institutional partners (“Brookfield Infrastructure”) (NYSE: BIP; TSX: BIP.UN) and existing investor Ontario Teachers’ Pension Plan (“Ontario Teachers’”) today announced that they have entered into a definitive agreement with RedBird Capital Partners (“RedBird”) and the Azrieli Group (“Azrieli”) (TASE: AZRG) through which Brookfield Infrastructure and Ontario Teachers’ will acquire Compass Datacenters, LLC (“Compass”).

Key Points: 
  • DALLAS, June 20, 2023 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. and its institutional partners (“Brookfield Infrastructure”) (NYSE: BIP; TSX: BIP.UN) and existing investor Ontario Teachers’ Pension Plan (“Ontario Teachers’”) today announced that they have entered into a definitive agreement with RedBird Capital Partners (“RedBird”) and the Azrieli Group (“Azrieli”) (TASE: AZRG) through which Brookfield Infrastructure and Ontario Teachers’ will acquire Compass Datacenters, LLC (“Compass”).
  • “We are pleased to welcome our longstanding partner Brookfield Infrastructure as a co-controlling shareholder in Compass.
  • I’m excited to embark on the next chapter of Compass’ evolution in partnership with Brookfield Infrastructure and Ontario Teachers’, two leading investment firms,” said Chris Crosby, Founder and Chief Executive Officer of Compass Datacenters.
  • Brookfield Infrastructure engaged BMO Capital Markets and Scotiabank as joint financial advisors and Kirkland & Ellis LLP as legal counsel.

Harris Williams Advises Made4net on its Sale to Ingka Group

Retrieved on: 
Thursday, June 1, 2023

The transaction was led by Andy Leed , Ryan Costa , Gunnar Shaw and Sean McGann of the Harris Williams Technology Group .

Key Points: 
  • The transaction was led by Andy Leed , Ryan Costa , Gunnar Shaw and Sean McGann of the Harris Williams Technology Group .
  • “This investment represents another marquee transaction for Harris Williams within the broader supply chain and logistics technology sector,” said Ryan Costa, a director at Harris Williams.
  • Ingka Group (Ingka Holding B.V. and its controlled entities) is one of 12 different groups of companies that own and operate IKEA retail under franchise agreements with Inter IKEA Systems B.V. Ingka Group has three business areas: IKEA Retail, Ingka Investments, and Ingka Centres.
  • 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.

Jordan Altman Joins Ropes & Gray in New York

Retrieved on: 
Thursday, April 13, 2023

NEW YORK, April 13, 2023 /PRNewswire/ -- Ropes & Gray announced today that Jordan Altman, a highly regarded IP transactions lawyer, has joined the firm as a partner, bringing his broad deal experience to the firm's award-winning IP transactions, M&A and private equity practices. He is based in the firm's 500-lawyer New York office.

Key Points: 
  • We're confident that Jordan will help us take our transactional practice to a whole new level, especially in the technology industry.
  • "Jordan has made an indelible impression on his clients and also our lawyers at Ropes & Gray," said Melissa Rones, IP transactions partner and practice co-chair.
  • "Joining Ropes & Gray is a privilege and a terrific opportunity," Jordan said.
  • Ropes & Gray has added several new partners in the firm's New York office, most recently welcoming Ariel Deckelbaum who joined the firm's M&A practice.

dMY Technology Group, Inc. VI Announces Intention to Transfer to Nasdaq Upon Completion of Business Combination with Rainwater Tech

Retrieved on: 
Thursday, March 23, 2023

dMY Technology Group, Inc. VI (NYSE: DMYS) (the “Company” or “dMY VI”) today announced its intention to transfer its stock exchange listing from the New York Stock Exchange to the Nasdaq Stock Market (“Nasdaq”), effective upon the completion of its previously announced business combination with Rain Enhancement Technologies, Inc. (“Rainwater Tech”), a leader in the development of rainfall generation technology.

Key Points: 
  • dMY Technology Group, Inc. VI (NYSE: DMYS) (the “Company” or “dMY VI”) today announced its intention to transfer its stock exchange listing from the New York Stock Exchange to the Nasdaq Stock Market (“Nasdaq”), effective upon the completion of its previously announced business combination with Rain Enhancement Technologies, Inc. (“Rainwater Tech”), a leader in the development of rainfall generation technology.
  • This press release features multimedia.
  • View the full release here: https://www.businesswire.com/news/home/20230323005694/en/
    Upon the consummation of the business combination, Rainwater Tech will be a wholly owned subsidiary of dMY VI, and dMY VI will change its name to “Rain Enhancement Technologies, Inc.” Once the business combination is completed and once authorization for listing on Nasdaq has been received, dMY VI will change its trading ticker from DMYS to the new ticker symbol “RANY” and will begin trading on Nasdaq.

Harris Williams Acts as Exclusive Financial Advisor to Thoma Bravo on its Investment in LOGEX

Retrieved on: 
Thursday, March 2, 2023

Harris Williams , a global investment bank specializing in M&A advisory services, announces it acted as exclusive financial advisor to Thoma Bravo, a leading software investment firm, on its investment in LOGEX, a portfolio company of Summa Equity.

Key Points: 
  • Harris Williams , a global investment bank specializing in M&A advisory services, announces it acted as exclusive financial advisor to Thoma Bravo, a leading software investment firm, on its investment in LOGEX, a portfolio company of Summa Equity.
  • The transaction was led by Julien Oussadon , Sylvain Noblet and Luke Clifford of the Harris Williams Technology Group .
  • “We are delighted to have advised Thoma Bravo on its inaugural investment by its Europe-based team,” said Julien Oussadon, 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.

Akima Names Ross Berkoff as General Manager of RiverTech

Retrieved on: 
Tuesday, February 21, 2023

HERNDON, Va., Feb. 21, 2023 /PRNewswire/ -- Akima today announced that Ross Berkoff has been named the general manager of RiverTech, LLC. He will focus on expanding support for a range of global government customers as well as continuing to optimize the company's use of its OASIS Small Business contract.

Key Points: 
  • HERNDON, Va., Feb. 21, 2023 /PRNewswire/ -- Akima today announced that Ross Berkoff has been named the general manager of RiverTech, LLC.
  • Berkoff brings over 20 years of leadership and management experience in the U.S. Army intelligence, defense intelligence, and law enforcement intelligence industries.
  • Prior to joining Akima, he served as the general manager for the Homeland Security and Intelligence Community business unit at The Informatics Applications Group, Inc. (TIAG).
  • In addition to RiverTech, Berkoff will serve as general manager of two additional Akima subsidiary companies – Five Rivers Services, LLC., and Five Rivers Analytics, LLC.

GAOTU TECHEDU INC. (NYSE: GOTU) SHAREHOLDER CLASS ACTION ALERT: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion in a Securities Class Action Lawsuit Against Gaotu Techedu Inc. f/k/a GSX Techedu Inc.

Retrieved on: 
Tuesday, February 7, 2023

NEW YORK, Feb. 07, 2023 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP, a nationally acclaimed investor rights law firm, reminds investors of the deadline to file a lead plaintiff motion in a securities class action lawsuit that has been filed on behalf of investors who purchased or acquired the American Depositary Shares (“ADSs”) of Gaotu Techedu Inc. f/k/a GSX Techedu Inc. (“Gaotu” or the “Company”) (NYSE: GOTU, GSX) between March 5, 2021 and July 23, 2021, inclusive (the “Class Period”). The lawsuit was filed in the United States District Court for the Eastern District of New York and alleges violations of the Securities Exchange Act of 1934.

Key Points: 
  • Shareholder Class Action Lawsuit or contact Joseph R. Seidman, Jr. at (877) 779-1414 or [email protected] to discuss your rights.
  • Gaotu purports to be a technology-driven education company, providing online K-12 after-school tutoring services in the People’s Republic of China.
  • If you purchased Gaotu ADSs, and/or would like to discuss your legal rights and options please visit Gaotu Techedu Inc.
  • The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414.