Golden Gate Capital

Covia Names Bruno Biasiotta as President and Chief Executive Officer

Retrieved on: 
Tuesday, March 12, 2024
Natural Resources, Other Manufacturing, Manufacturing, Mining, Minerals, Golden Gate Capital, Oldcastle, Growth, Johnson Controls, Family, Management

Covia Holdings LLC (“Covia" or the “Company”), a leading provider of mineral-based and material solutions for the industrial and energy markets, today announced it has appointed Bruno Biasiotta as President and Chief Executive Officer and a member of Covia’s Board of Directors, effective March 11, 2024.

Key Points: 
  • Covia Holdings LLC (“Covia" or the “Company”), a leading provider of mineral-based and material solutions for the industrial and energy markets, today announced it has appointed Bruno Biasiotta as President and Chief Executive Officer and a member of Covia’s Board of Directors, effective March 11, 2024.
  • Mr. Biasiotta succeeds Andrew Eich, who has stepped down from his role at the Company and on its Board to pursue a new opportunity.
  • We wish him the best in his future endeavors.”
    Mr. Biasiotta said, “This is an exciting time to join Covia.
  • With high-quality products and assets, blue-chip customers and an outstanding team, Covia is well positioned to capitalize on various unique growth opportunities.

Flexpoint Ford Promotes Karan Sabharwal to Principal

Retrieved on: 
Tuesday, January 30, 2024
B.S.E, Friedman Fleischer & Lowe, Bank, Economics, University, M.B.A, BofA Securities, Duke University, Golden Gate Capital, Electricity, Computer engineering, Management

NEW YORK, Jan. 30, 2024 /PRNewswire/ -- Flexpoint Ford ("Flexpoint"), a private equity investment firm specializing in the financial services and healthcare industries, announced today the promotion of Karan Sabharwal to Principal, effective immediately.

Key Points: 
  • NEW YORK, Jan. 30, 2024 /PRNewswire/ -- Flexpoint Ford ("Flexpoint"), a private equity investment firm specializing in the financial services and healthcare industries, announced today the promotion of Karan Sabharwal to Principal, effective immediately.
  • We are thrilled to have Karan on our team as we continue to build toward the future," said Don Edwards, Chief Executive Officer and Founder of Flexpoint.
  • Karan Sabharwal joined the Flexpoint financial services team in 2023 as a Vice President.
  • Prior to joining Flexpoint, Karan worked at Waud Capital Partners, Golden Gate Capital and FFL Partners.

Golden Gate Capital Partners With Founder and CEO Gil Grattan on Recapitalization of Virginia Green

Retrieved on: 
Wednesday, January 3, 2024
Construction & Property, Professional Services, Landscape, Finance, Acquisition, Growth, Ropes & Gray, Partnership, Golden Gate Capital

Golden Gate Capital, a San Francisco-based private equity firm, in partnership with Founder and CEO Gil Grattan, today announced the recapitalization of Virginia Green (“the Company”), the leading provider of lawn care in Virginia.

Key Points: 
  • Golden Gate Capital, a San Francisco-based private equity firm, in partnership with Founder and CEO Gil Grattan, today announced the recapitalization of Virginia Green (“the Company”), the leading provider of lawn care in Virginia.
  • Mr. Grattan will continue to lead the Company as CEO and will remain a significant shareholder.
  • Founded in 2004, Virginia Green is a premier operator of residential lawn treatment services with a growing footprint of ten locations and 70,000 customers across key local markets.
  • TD Cowen served as financial advisor and Paul, Weiss, Rifkind, Wharton & Garrison LLP and Ropes & Gray LLP served as legal advisors to Golden Gate Capital.

Republic Capital Group Named Finalist for Nine Investment Banking Awards

Retrieved on: 
Thursday, September 7, 2023
Uncertainty, Creative Planning, Golden Gate Capital, Acquisition, Partner, Capital, WMLW-TV, Environment, Cryptocurrency, Republic

NEW YORK and HOUSTON, Sept. 7, 2023 /PRNewswire/ -- Republic Capital Group , a premier M&A advisor to the financial services industry, announced today that it was named a finalist for nine investment banking industry awards.

Key Points: 
  • NEW YORK and HOUSTON, Sept. 7, 2023 /PRNewswire/ -- Republic Capital Group , a premier M&A advisor to the financial services industry, announced today that it was named a finalist for nine investment banking industry awards.
  • Results will be announced at The M&A Advisor's 22nd annual black-tie awards gala to be held on November 15, 2023, in New York City.
  • Congratulations to the entire Republic Capital team on this great milestone for our firm."
  • Added Peter Nesvold, Partner of Republic Capital: "Today's recognition comes on the heels of Republic's record-setting year in 2022, during which the firm transacted more than $50 billion of client assets — ranking Republic first among independent investment banks serving the wealth management industry and related market segments."

Nassau Financial Group and Fortress Investment Group Enter Into Strategic Partnership

Retrieved on: 
Tuesday, September 5, 2023
Professional Services, Other Professional Services, Insurance, Finance, Asset Management, Banking, Neumark, LLP, Partnership, Fortification, Wachtell, Lipton, Rosen & Katz, Multimedia, Abu Dhabi Financial Group, Golden Gate Capital, Fortress Investment Group, Sidley Austin, Deutsche Bank, Organization, Goldman Sachs, ABS, Growth, Financial adviser, Security (finance)

Nassau Financial Group, L.P. (“Nassau”), a leading provider of fixed annuities and asset management, and Fortress Investment Group LLC (“Fortress”), a global investment management firm, today announced they have entered into a strategic partnership.

Key Points: 
  • Nassau Financial Group, L.P. (“Nassau”), a leading provider of fixed annuities and asset management, and Fortress Investment Group LLC (“Fortress”), a global investment management firm, today announced they have entered into a strategic partnership.
  • View the full release here: https://www.businesswire.com/news/home/20230904160795/en/
    As part of this strategic partnership, Nassau received a $130 million minority non-voting common equity investment from Fortress.
  • Nassau entered into a long-term Investment Management Agreement (“IMA”) with Fortress, whereby Nassau’s insurance subsidiaries will have full access to Fortress’ credit investment strategies.
  • Deutsche Bank served as financial advisor, Wachtell, Lipton, Rosen & Katz served as transaction counsel, and Skadden served as investment management counsel to Fortress.

Golden Gate Capital to Acquire DMC Power from Bridgepoint

Retrieved on: 
Friday, June 30, 2023
Banking, Asset Management, Professional Services, Finance, Olive, Wardwell, Partnership, Leg, Golden Gate Capital, EY-Parthenon, Sale, Olive branch, MS, Partner, Paul, Weiss, Rifkind, Wharton & Garrison, KPMG, Health, DMC, Safety, Management

Golden Gate Capital, a leading private equity investment firm, today announced that it has entered into a definitive agreement to acquire a majority equity stake in DMC Power (“DMC” or the “Company”), a leading designer and manufacturer of proprietary connector technology systems for high voltage power infrastructure.

Key Points: 
  • Golden Gate Capital, a leading private equity investment firm, today announced that it has entered into a definitive agreement to acquire a majority equity stake in DMC Power (“DMC” or the “Company”), a leading designer and manufacturer of proprietary connector technology systems for high voltage power infrastructure.
  • As part of the transaction, Bridgepoint, a global private equity firm, will exit its investment through the sale of its stake to Golden Gate Capital.
  • We are confident Golden Gate Capital is the ideal partner for the next leg of our journey, as their deep industrial expertise and additional development resources will fuel our continued market expansion and ability to serve new and existing customers.”
    Javier Puig, Managing Director at Golden Gate Capital, said: “DMC Power is a true pioneer of next-generation power connectors.
  • We congratulate the Bridgepoint team on this successful partnership, which we plan to continue in DMC Power’s next chapter.”
    Michael Davy, Partner of Bridgepoint and Chairman of DMC Power, said: “DMC Power has had a remarkable growth journey – and has increased its annual profits 20-fold during our ownership period.

Edelson Lechtzin LLP is Investigating Securities Fraud Claims on Behalf of LiveVox Holdings, Inc. (NASDAQ: LVOX) Shareholders Who Held Crescent Acquisition Corp (NASDAQ: CRSA) Shares Prior to the Merger

Retrieved on: 
Thursday, June 22, 2023
LLP, CCAA, Golden Gate Capital, Organization, Acquisition, Special, Fraud, Crescent, Cryptocurrency

LiveVox, a portfolio company of Golden Gate Capital, is a cloud-based contact-center-as-a-service (CCaaS) platform focused on deployments in both mid-market and enterprise organizations.

Key Points: 
  • LiveVox, a portfolio company of Golden Gate Capital, is a cloud-based contact-center-as-a-service (CCaaS) platform focused on deployments in both mid-market and enterprise organizations.
  • LiveVox is a Delaware corporation that maintains its principal executive offices in San Francisco, California.
  • The business combination of Crescent and LiveVox was approved by Crescent shareholders at its Special Meeting held on June 16, 2021.
  • LiveVox common stock began trading on the NASDAQ under its new ticker symbol “LVOX,” on June 22, 2021.

Pacsun Announces Executive Changes Effective June 15, 2023

Retrieved on: 
Thursday, May 18, 2023
Storm, Merchandising, Anderson School of Management, Max Azria, Music, Omnichannel, Vice, Partnership, Gen, Senior, Kid, Formula One, Advanced Management Program, Advisory Committee, COVID-19, Risk management, Information technology, Golden Gate Capital, Harvard Business School, Generation Z, Pulse, Business administration, 2022 Miami Grand Prix, Formula, Hanna Andersson, CFO, Miami Grand Prix, Guessing, Russell Bowers, Sport, LOS, UCLA, Woman, Master of Business Administration, Management, Operation, Finance, PacSun

LOS ANGELES, May 18, 2023 /PRNewswire/ -- Pacsun today announced a series of leadership changes whereby Brie Olson, Pacsun Co-Chief Executive Officer and Board member, will be appointed Chief Executive Officer, effective June 15, 2023. Mike Relich will retire as Co-CEO and will continue to serve on the Pacsun Board of Directors in a new role as Vice Chairman. Russell Bowers will be appointed Chief Operating Officer and will continue to serve as Pacsun Chief Financial Officer, overseeing Finance, Operations, and Information Technology functions in his expanded role.  

Key Points: 
  • Mike Relich to Retire as Co-CEO; Will Transition to Vice Chairman on Pacsun Board
    Russell Bowers Appointed Chief Operating Officer; Will Continue to Serve as CFO
    LOS ANGELES, May 18, 2023 /PRNewswire/ -- Pacsun today announced a series of leadership changes whereby Brie Olson, Pacsun Co-Chief Executive Officer and Board member, will be appointed Chief Executive Officer, effective June 15, 2023.
  • Ms. Olson has over two decades of experience in the retail industry, including 17 years at Pacsun.
  • She has served as Co-CEO since March 2023, and before that as President and a Board member since May 2021.
  • During her tenure with Pacsun, Ms. Olson introduced Pacsun's first gender neutral collection, Colour Theory, and oversaw Pacsun's entry into the Kids' category with Pacsun Kids.

J.F. Lehman & Company Announces New Hires

Retrieved on: 
Monday, April 24, 2023
Kardan University, Senior, Average revenue per user, Internal Revenue Service, Head, New York University School of Law, University School, In-Q-Tel, Millennium Management, LLC, Certified Public Accountant, Investment, U.S. Department of Defense Strategy for Operating in Cyberspace, Comptroller, University, Government, Morgan Stanley, White House, Culture, Cowen Inc., Cravath, Swaine & Moore, Research, Golden Gate Capital, Primary energy, Organization, Partner, Standard Chartered, Paris, Growth, Lafayette College, Airbus, LLP, Cravath, Business, Record, Dartmouth College, Modern Institute of Technology and Management, White, M.B.A, Engineering, Secrecy, Weil, Gotshal & Manges, Intelligence, Marketing, Tuck School of Business, Fore, Security (finance), Nursing, New York University, Finance

Lehman & Company ("JFLCO"), a leading middle-market private equity firm focused exclusively on the aerospace, defense, maritime, government and environmental industries, is pleased to announce several new hires.

Key Points: 
  • Lehman & Company ("JFLCO"), a leading middle-market private equity firm focused exclusively on the aerospace, defense, maritime, government and environmental industries, is pleased to announce several new hires.
  • "The addition of these talented individuals is expected to enhance our transaction sourcing and execution capabilities and other business processes."
  • Mr. Lederman has chaired various creditor committees in large and complex restructurings and served on numerous public and private corporate boards, including currently serving as a director on JFLCO portfolio company, PURIS.
  • A native of New York, Mr. Lederman graduated magna cum laude from New York University, where he earned a B.A.

J.F. Lehman & Company Announces New Hires

Retrieved on: 
Monday, April 24, 2023
Kardan University, Senior, Average revenue per user, Internal Revenue Service, Head, New York University School of Law, University School, In-Q-Tel, Millennium Management, LLC, Certified Public Accountant, Investment, U.S. Department of Defense Strategy for Operating in Cyberspace, Comptroller, University, Government, Morgan Stanley, White House, Culture, Cowen Inc., Cravath, Swaine & Moore, Research, Golden Gate Capital, Primary energy, Organization, Partner, Standard Chartered, Paris, Growth, Lafayette College, Airbus, LLP, Cravath, Business, Record, Dartmouth College, Modern Institute of Technology and Management, White, M.B.A, Engineering, Secrecy, Weil, Gotshal & Manges, Intelligence, Marketing, Tuck School of Business, Fore, Security (finance), Nursing, New York University, Finance

Lehman & Company ("JFLCO"), a leading middle-market private equity firm focused exclusively on the aerospace, defense, maritime, government and environmental industries, is pleased to announce several new hires.

Key Points: 
  • Lehman & Company ("JFLCO"), a leading middle-market private equity firm focused exclusively on the aerospace, defense, maritime, government and environmental industries, is pleased to announce several new hires.
  • "The addition of these talented individuals is expected to enhance our transaction sourcing and execution capabilities and other business processes."
  • Mr. Lederman has chaired various creditor committees in large and complex restructurings and served on numerous public and private corporate boards, including currently serving as a director on JFLCO portfolio company, PURIS.
  • A native of New York, Mr. Lederman graduated magna cum laude from New York University, where he earned a B.A.