Godfrey

Regal Rexnord Corporation Announces Definitive Agreement To Sell Its Industrial Motors & Generators Businesses To WEG

Retrieved on: 
Monday, September 25, 2023
Regal Rexnord Corporation, Association of Car Rental Industry Systems Standards, Sale, Generator, Engine, Godfrey, Motor–generator, WEG, Guggenheim Partners, NYSE, Retail

MILWAUKEE, Sept. 25, 2023 /PRNewswire/ -- Regal Rexnord Corporation (NYSE: RRX) announced today that it has entered into a definitive agreement to sell the Industrial Motors and Generators businesses that comprise the majority of its Industrial Systems segment to WEG, through certain subsidiaries of WEG S.A. (B3: WEGE3 / OTC: WEGZY), for total consideration of US$400 million.

Key Points: 
  • MILWAUKEE, Sept. 25, 2023 /PRNewswire/ -- Regal Rexnord Corporation (NYSE: RRX) announced today that it has entered into a definitive agreement to sell the Industrial Motors and Generators businesses that comprise the majority of its Industrial Systems segment to WEG, through certain subsidiaries of WEG S.A. (B3: WEGE3 / OTC: WEGZY), for total consideration of US$400 million.
  • Regal Rexnord CEO, Louis Pinkham, commented on the agreement: "After a thorough strategic review, we believe this transaction with WEG will be a true win-win for both companies' principal stakeholders.
  • Pinkham concluded, "I would also like to thank our associates at Industrial Systems for their many contributions to Regal Rexnord over the years.
  • I believe the transaction with WEG will create new opportunities for our talented associates in the Motors & Generators businesses."

DirectMed Parts & Service Announces Partnership and Investment in Technical Prospects

Retrieved on: 
Monday, September 11, 2023
Education, Health, Medical Devices, Hospitals, General Health, Radiology, Training, Partnership, Eugene DeBruin, NMS, Godfrey, Brad, Technical, Nursing

DirectMed Parts & Service (“DirectMed”), a leading medical imaging parts, systems, and service company, and portfolio company of NMS Capital (“NMS”), announced today that it has acquired Technical Prospects, LLC (“Technical Prospects” or the “Company”), a leading provider of parts, training, and support for medical imaging equipment.

Key Points: 
  • DirectMed Parts & Service (“DirectMed”), a leading medical imaging parts, systems, and service company, and portfolio company of NMS Capital (“NMS”), announced today that it has acquired Technical Prospects, LLC (“Technical Prospects” or the “Company”), a leading provider of parts, training, and support for medical imaging equipment.
  • Since the company’s founding in 1997, Technical Prospects has been the leading parts supplier for Siemens imaging equipment, with coverage across multiple modalities.
  • “This partnership with DirectMed will provide Technical Prospects with expanded resources to deliver an even higher level of service and expertise to our customers.
  • Technical Prospects was a high priority opportunity from NMS’ initial investment in DirectMed, and we are very excited to be partnering with Jeremy and the Technical Prospects team.

Savile Capital Group LLC to Acquire Farmers State Bankshares, Inc.

Retrieved on: 
Wednesday, August 2, 2023
Banking, Asset Management, Professional Services, Finance, 401(k), Risk management, Multimedia, Trust, Godfrey, Environment, Farmer, Financial services, Online shopping

Farmers State Bankshares, Inc., parent company of Wyoming Bank & Trust, and Savile Capital Group LLC (“Savile”) jointly announce the signing of a Stock Purchase Agreement whereby Savile Capital Group LLC will acquire Farmers State Bankshares, Inc. and thereby, Wyoming Bank & Trust.

Key Points: 
  • Farmers State Bankshares, Inc., parent company of Wyoming Bank & Trust, and Savile Capital Group LLC (“Savile”) jointly announce the signing of a Stock Purchase Agreement whereby Savile Capital Group LLC will acquire Farmers State Bankshares, Inc. and thereby, Wyoming Bank & Trust.
  • Savile Capital Group LLC, headquartered in Sheridan, Wyoming, provides wealth management, risk management, and financial advisory services to high net worth individuals, pension and profit-sharing plans, 401k plans, and similar business entities.
  • Olsen Palmer LLC served as financial advisor to Farmers State Bankshares, Inc. and Godfrey & Kahn, S.C. served as legal advisor.
  • Savile Capital Group LLC provides wealth management, risk management, and financial advisory services through its subsidiary companies Consultiva Wealth Management, Inc., Trade Bridge Capital LLC (DBA Savile Capital Markets), Savile Global Markets LLC and Consultiva Insurance Corp.

VAULT LAW RELEASES 2024 RANKINGS FOR BEST MIDSIZE LAW FIRMS BY REGION AND BEST MIDSIZE LAW FIRMS TO WORK FOR, PLUS THE TOP 150 UNDER 150 LIST

Retrieved on: 
Wednesday, July 12, 2023
Quality of life, Killing of Justine Damond, Godfrey, IP, Vault, Accounting

NEW YORK, July 12, 2023 /PRNewswire/ -- Rounding out Vault Law's 2024 rankings season, the midsize rankings for regional prestige and quality of life are official, as is the 2024 Top 150 Under 150 list. "Susman Godfrey held onto its No.1 spots in New York and Texas, and Barack Ferrazzano did the same in Chicago," said Carter Isham, Senior Law Editor at Vault. "And Virginia-based IP firm Harrity & Harrity ranked in the top two spots in 12 quality of life subcategories, helping re-capture its spot as No.1 Overall Best Midsize Law Firm to Work For."

Key Points: 
  • 1 for Best Midsize in New York & Texas; Harrity & Harrity is again No.
  • 1 Best Midsize Law Firm to Work For; New edition of Top 150 Under 150 list
    NEW YORK, July 12, 2023 /PRNewswire/ -- Rounding out Vault Law's 2024 rankings season, the midsize rankings for regional prestige and quality of life are official, as is the 2024 Top 150 Under 150 list.
  • "And Virginia-based IP firm Harrity & Harrity ranked in the top two spots in 12 quality of life subcategories, helping re-capture its spot as No.1 Overall Best Midsize Law Firm to Work For ."
  • 1 Midsize Best Law Firms by Region are:

CIBM Bank Completes Sale of Danville Branch Retail Deposits

Retrieved on: 
Thursday, June 8, 2023
Bank statement, Cummings, Sale, Godfrey, Bank

BROOKFIELD, Wis., June 08, 2023 (GLOBE NEWSWIRE) -- CIB Marine Bancshares, Inc. (the “Company” or “CIB Marine”) (OTCQX: CIBH), the parent company of CIBM Bank, announced the closing of the previously announced sale of the retail deposits from the bank’s Danville, Illinois, branch.

Key Points: 
  • BROOKFIELD, Wis., June 08, 2023 (GLOBE NEWSWIRE) -- CIB Marine Bancshares, Inc. (the “Company” or “CIB Marine”) (OTCQX: CIBH), the parent company of CIBM Bank, announced the closing of the previously announced sale of the retail deposits from the bank’s Danville, Illinois, branch.
  • $23 million in retail deposits were sold for a gain of $1.5 million, net of conversion-related data processing costs.
  • J. Brian Chaffin, CIBM Bank’s President & CEO, commented, “This sale of our Danville branch’s consumer deposit accounts is a part of our long-term strategic plan to improve efficiencies by focusing on our core markets.
  • Our Danville branch remains open to service accounts that have been retained by the bank.”
    Whitley A. Cummings of Cummings & Company, LLC acted as financial advisor, and Godfrey & Kahn served as legal counsel to CIBM Bank in connection with this transaction.

OXFORD CAPITAL GROUP, LLC AND HUNTER PASTEUR ANNOUNCE GROUND FLOOR RESTAURANT VENTURE "HAMILTON'S"AT THE GODFREY HOTEL DETROIT IN COLLABORATION WITH CHICKPEA HOSPITALITY

Retrieved on: 
Tuesday, May 2, 2023
Ford Motor Company, Breakfast, Food, Brush Park, Sullivans Cove, Mews, Biting, Buck Meadows, California, Michigan Avenue, Terraced house, Church Street, City, Acquisition, Godfrey, Denihan Hospitality Group, Lunch, Steakhouse, Environment, A Tale of Three Cities (Modern Family), Hotel, Corktown, Flat

DETROIT, May 2, 2023 /PRNewswire/ -- Chicago-based international real estate and hospitality investment leader Oxford Capital Group, LLC and local partner Detroit-based Hunter Pasteur, in collaboration with Detroit-based Chickpea Hospitality, announces Hamilton's, a ground floor restaurant for The Godfrey Hotel Detroit, which will open shortly after the hotel's projected opening in summer 2023.

Key Points: 
  • Hamilton's food and beverage offerings highlight local and seasonal ingredients along with a thoughtful beverage program while staying focused on classic American fare.
  • "We are honored to be collaborating on this luxury lifestyle project in the historical Corktown neighborhood," shares Samy Eid, co-owner of Chickpea Hospitality Group.
  • "It has been an exciting experience working closely with the Hunter Pasteur and Oxford Capital teams to curate a dining experience for all to enjoy."
  • In addition to the above, Oxford Capital Group's recent projects in downtown Detroit include the December 2021 acquisition of The Westin Book Cadillac Detroit Hotel.

THE GODFREY HOTEL HOLLYWOOD WELCOMES KONSTANTINE KABILAFKAS AS NEW GENERAL MANAGER

Retrieved on: 
Wednesday, August 24, 2022
View, Pantages Theatre (Hollywood), Music, Theatre of China, Fender, Freedom, Dream, Restaurant, Grauman, Leadership, LLC, Capitol Records, Oxford, Jordan, Hollywood Walk of Fame, Live Nation Entertainment, London House, Collection, Godfrey, Sunset Strip, Luxé, TAO, Vertigo, Industry, Universal Pictures, Partnership, Food, Swimming, Standard, Hotel Casa del Mar, Investment, Multimedia, Instagram, Individual, Santa Monica, California, Growth, Biltmore, ALK, WTR, Netflix, Hollywood Bowl, Oxford Hotel (Denver, Colorado), Hotel, Film, State, Sunset Boulevard, Southern California, BuzzFeed

LOS ANGELES, Aug. 24, 2022 /PRNewswire/ -- Oxford Hotels & Resorts, LLC and The Godfrey Hotel Hollywood announce the appointment of Konstantine Kabilafkas as general manager of the brand's first west coast location. Bringing more than two decades of industry experience, Kabilafkas now oversees operations of the 220-room luxury lifestyle property, including onsite amenities like its food & beverage outlets, including the SoCal-centric restaurant and bar About Last Knife (ALK); a courtyard event space; and the 12,000 square foot I|O Rooftop—the largest public rooftop space in Los Angeles—which boasts a 70-foot projection mapping video wall, two bars, swimming pool, fire pits, and water feature.  Sponsored and managed by Oxford Capital Group, LLC and Oxford Hotels & Resorts, LLC, respectively, The Godfrey Hotel Hollywood is Oxford's 10thCalifornia property, and 12th in the Western region.

Key Points: 
  • LOS ANGELES, Aug. 24, 2022 /PRNewswire/ -- Oxford Hotels & Resorts, LLC and The Godfrey Hotel Hollywood announce the appointment of Konstantine Kabilafkas as general manager of the brand's first west coast location.
  • "We look forward to continuing the growth of Oxford Hotels & Resorts' talent by welcoming General Manager Konstantine Kabilafkas to the team," says George Jordan, President of Oxford Hotels & Resorts, LLC.
  • After spending his teens and early-20s in Hollywood as an aspiring musician and avid concertgoer, Kabilafkas hopes to bring the true spirit of the Hollywood experience to the hotel.
  • The Godfrey Hotel Hollywood is Oxford Hotels & Resorts 10th hotel in California and 12th in the western region.

Indigo Announces New Chief Marketing Officer Victoria Godfrey

Retrieved on: 
Tuesday, August 16, 2022
Carbon, Multimedia, Dun, Godfrey, Fidelity Investments, Farmer, Senior, Dun & Bradstreet, Tufts University, Technology, Growth, Agriculture, Indigo Agriculture, Monster.com, Master, Marketing, B2C, CMO, D, Acquisition, Integration, Investment, Vicky, D&B, New product development, Solution, AG, Gordon Institute of Business Science, Public relations, Management, Indigo, Aventics, Engineering

BOSTON, Aug. 16, 2022 /PRNewswire/ -- Indigo Agriculture , a company leveraging nature and technology to unlock economic and environmental progress for farmers, today announced the appointment of Victoria "Vicki" Godfrey as Chief Marketing Officer.

Key Points: 
  • BOSTON, Aug. 16, 2022 /PRNewswire/ -- Indigo Agriculture , a company leveraging nature and technology to unlock economic and environmental progress for farmers, today announced the appointment of Victoria "Vicki" Godfrey as Chief Marketing Officer.
  • "I'm thrilled to welcome Vicki to Indigo as our new Chief Marketing Officer.
  • Indigo and our solutions have entered the next stage of expansion for farmers and ag business partners, and we have incredible momentum," said Indigo CEO Ron Hovsepian.
  • "She uniquely brings deep and proven experience building trusted brands and a marketing platform for scaling small and medium businesses.

Illinois American Water Recognized Nationally for Water Quality and Safety Excellence

Retrieved on: 
Wednesday, June 22, 2022
Environmental Health, Energy, Utilities, Environment, United States Environmental Protection Agency, AWWA, Godfrey, Public health, Water, EPA, American Water, Quality control, Safety, Water quality, Accident, Drinking, American Water Works Association, Near miss, Disinfectant, Drinking water, Knowledge, Research, LinkedIn, Wendell, History, Twitter, Partnership, Facebook, American Water Works, NYSE, Friends, Pharmaceutical industry, Bottled water, Risk management, Operation

Last week, Illinois American Water was recognized nationally by American Water Works Association (AWWA) for water quality and safety excellence.

Key Points: 
  • Last week, Illinois American Water was recognized nationally by American Water Works Association (AWWA) for water quality and safety excellence.
  • To learn more about Illinois American Waters commitment to water quality, customers can review the annual water quality report for their service area here .
  • Illinois American Water, a subsidiary of American Water (NYSE: AWK), is the largest investor-owned water utility in the state, providing high-quality and reliable water and wastewater services to approximately 1.3 million people.
  • ILLINOIS AMERICAN WATER WAS RANKED HIGHEST IN CUSTOMER SATISFACTION WITH LARGE WATER UTILITIES IN THE MIDWEST THREE YEARS IN A ROW!

Polaris Names Ben Duke President of Its Marine Business

Retrieved on: 
Thursday, May 5, 2022
Motorcycles, Sports, Automotive, Specialty, Powerboating, Motor Sports, Off-Road Trucks & SUVs, Retail, Business, Business administration, Briggs, Duke, Inc., NYSE, Safety, Mercury Marine, Â, Air force, Polaris Inc., Bennington, Vermont, Family, Mercury, Stratton, Private sector, Marketing, Efficiency, Godfrey, United States Air Force, PII, Growth, Tropical cyclone, Workplace, Management, Goupil, Polaris, Lakeland University

Polaris Inc. (NYSE: PII) announced today that Ben Duke has been named president of Marine.

Key Points: 
  • Polaris Inc. (NYSE: PII) announced today that Ben Duke has been named president of Marine.
  • Were excited to have Ben take the baton from Jake and lead us into the next chapter for Polaris Marine.
  • A seasoned leader within the marine industry, Duke joined Polaris in 2019 as general manager for the Godfrey and Hurricane Boats businesses at Polaris.
  • Prior to his role with Polaris, Duke served as president of the Job Site and Standby Power Group at Briggs and Stratton.