Mountain West Conference

Montecito Continues Fast Pace in Q1 Medical Office Acquisitions with 11 MOB Deals

Retrieved on: 
Thursday, April 4, 2024
Other Professional Services, Urban Planning, REIT, Finance, Landscape, Consulting, Building Systems, Interior Design, Banking, Other Construction & Property, Architecture, Professional Services, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, General Health, Health, Small Business, Internet, Medicine, Mountain West Conference, Physician, Patient, Multimedia, ALM (company), Medical imaging

Montecito Medical, a leading acquirer of medical office properties nationwide, continued its fast pace during the first quarter of 2024.

Key Points: 
  • Montecito Medical, a leading acquirer of medical office properties nationwide, continued its fast pace during the first quarter of 2024.
  • Some of the company’s latest acquisitions included properties tenanted by market-leading providers ranging from the Mountain West to the eastern seaboard:
    This press release features multimedia.
  • Montecito Medical is one of the nation’s largest privately held companies specializing in healthcare-related real estate acquisitions and partnering with physicians and developers to fund development of medical real estate.
  • Since 2006, Montecito has completed transactions involving more than $5 billion in medical real estate.

Sandbrook Capital Commits up to $460 Million to rPlus Energies

Retrieved on: 
Thursday, February 22, 2024
Other Energy, Utilities, Sustainability, Environment, Finance, Energy, Professional Services, Green Technology, Multimedia, Friends, Growth, Wind, Kirkland & Ellis, History, Loveless, Mountain West Conference, Idaho Power, Foley & Lardner, Partnership, Renewable energy

Five years after its founding, rPlus Energies (“rPlus”), a leading private renewable energy developer, announced a platform-level partnership with Sandbrook Capital (“Sandbrook”), a private investment firm dedicated to transforming the world's energy infrastructure.

Key Points: 
  • Five years after its founding, rPlus Energies (“rPlus”), a leading private renewable energy developer, announced a platform-level partnership with Sandbrook Capital (“Sandbrook”), a private investment firm dedicated to transforming the world's energy infrastructure.
  • Sandbrook will invest up to $460 million in the platform alongside continued support from Gardner Group , the founding investor in rPlus and a leading commercial real estate company in the Mountain West.
  • “From the outset, it was evident that we share an execution-oriented and community-minded approach to business and project development,” said Luigi Resta, rPlus President and CEO.
  • “We believe rPlus has built one of the strongest development, construction, and operations teams in North America, as evidenced by their advanced portfolio of high-quality projects.

Blackfoot Communications and Syringa Networks Partner to Enhance Business Connectivity

Retrieved on: 
Thursday, February 1, 2024
Technology, Networks, Internet, Telecommunications, Partnership, Growth, ISP, Syringa, Mountain West Conference, Communication, ID, Business, Organization

Recognizing these increasing needs, Blackfoot has joined forces with Syringa Networks to deliver tailored solutions that address unique technological challenges and connectivity requirements.

Key Points: 
  • Recognizing these increasing needs, Blackfoot has joined forces with Syringa Networks to deliver tailored solutions that address unique technological challenges and connectivity requirements.
  • As a complete solutions provider, Syringa Networks combines the stability of a traditional ISP with the innovation of a modern partner.
  • Jeramey James, VP of Business Development at Syringa Networks stated, "We are thrilled to partner with Blackfoot to deliver cutting-edge solutions to customers.
  • Together, Blackfoot and Syringa Networks aim to simplify and optimize business operations for their customers by providing world-class connectivity solutions.

Crewe Capital Delivers Strategic Buyer for J & S Mechanical Contractors, Inc.

Retrieved on: 
Friday, February 2, 2024
Professional Services, HVAC, Manufacturing, Finance, Construction & Property, Building Systems, Partnership, Growth, History, Capital, Mountain West Conference, Ventilation, Air conditioning, Acquisition, Negotiation, Culture, Comfort Systems USA, Management

Crewe Capital (Crewe), one of the nation’s leading boutique investment banks, has successfully orchestrated a pivotal transaction for J & S Mechanical Contractors, Inc. (J & S), securing a strategic acquisition by Comfort Systems USA Inc. (NYSE: FIX).

Key Points: 
  • Crewe Capital (Crewe), one of the nation’s leading boutique investment banks, has successfully orchestrated a pivotal transaction for J & S Mechanical Contractors, Inc. (J & S), securing a strategic acquisition by Comfort Systems USA Inc. (NYSE: FIX).
  • Throughout its nearly 50-year history, J & S has served commercial and industrial sectors throughout the Mountain West and has worked on many of the largest and most technical construction projects across a wide range of industries.
  • “J & S is a successful, well-respected, and highly sought-after construction services provider with a great management team that was looking for a partner that shared its vision for the future,” explained Ken Timbers, Managing Director of Crewe.
  • This was an important deal for the J & S team, to find the right partner to honor the business’s legacy, and it’s rewarding that we were able to help facilitate their success.”

Crewe Capital Expands Footprint to Michigan with Addition of Veteran Banker

Retrieved on: 
Tuesday, January 30, 2024
Professional Services, Other Professional Services, Finance, Consulting, Banking, Accounting, Acquisition, Ernst & Young, Multimedia, Mountain West Conference, Growth, Basil, Investment banking, Capital, Stout, Great Lakes region, Financial services

View the full release here: https://www.businesswire.com/news/home/20240130872364/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240130872364/en/
    Brian Basil, Managing Director at Crewe Capital (Photo: Business Wire)
    “I am ecstatic to be joining such a prestigious firm.
  • With prior connections to Michigan across the Crewe team, it is a natural venue for future growth of the business.
  • We could not be more excited to have him at our firm,” commented Mike Bennett, Managing Partner of Crewe Capital.
  • Basil was named Investment Banker of the Year in 2019 by the Association for Corporate Growth chapter in Southeast Michigan.

The Financial Sector Is Plagued by Increasingly Sophisticated Cyberattacks That Demand a Defensive Paradigm Shift, According to the Modern Bank Heists Report From Contrast Security

Retrieved on: 
Tuesday, January 30, 2024
Senior, LOS, Assistant, PST, Loader, Crime, FIS, Cyber, Denial-of-service attack, Secret Service, United States Secret Service, Application security, Human, Organization, Mountain West Conference, Annual report, Kellermann, Runtime, EST, Information, Risk management

LOS ALTOS, Calif., Jan. 30, 2024 /PRNewswire/ -- Contrast Security (Contrast) — the Runtime Security company and leader in modernized Application Security — today released its Modern Bank Heists report, an annual report that exposes the cybersecurity threats facing the financial sector.

Key Points: 
  • LOS ALTOS, Calif., Jan. 30, 2024 /PRNewswire/ -- Contrast Security (Contrast) — the Runtime Security company and leader in modernized Application Security — today released its Modern Bank Heists report, an annual report that exposes the cybersecurity threats facing the financial sector.
  • In a series of interviews, financial sector CISOs, SVPs of Cybersecurity and Managing Directors of Information Security from around the world revealed specific trends when it comes to notable cyberattacks, e-fraud and cyber defense.
  • Some of the most eye-opening results from the report include:
    74% detected campaigns to steal nonpublic market information.
  • To download the Modern Bank Heists report, please visit

Tonaquint Upgrades Infrastructure of Recently Acquired Oklahoma City Data Center

Retrieved on: 
Wednesday, January 17, 2024
Mountain West Conference, Acquisition, Water, AI

ST. GEORGE, Utah, Jan. 17, 2024 /PRNewswire/ -- Tonaquint, the premier data center solutions provider serving emerging markets, announced it is upgrading the recently acquired EdgeX data center facility in Oklahoma City. Tonaquint acquired the facility in late 2023 with plans to further enhance and expand it to build a market-leading facility.

Key Points: 
  • ST. GEORGE, Utah, Jan. 17, 2024 /PRNewswire/ -- Tonaquint , the premier data center solutions provider serving emerging markets, announced it is upgrading the recently acquired EdgeX data center facility in Oklahoma City.
  • Tonaquint acquired the facility in late 2023 with plans to further enhance and expand it to build a market-leading facility.
  • Located near the Will Rogers World Airport on a highly secure four-acre campus, the purpose-built Tier III data center is 65,000 square feet, with two 10,000 square feet of data halls.
  • The Oklahoma City acquisition is in addition to Tonaquint's existing platform in Boise, Idaho and St. George, Utah.

All West Partners With Novacap to Accelerate Broadband Growth

Retrieved on: 
Wednesday, January 10, 2024
Partnership, Stifel, Mountain West Conference

Founded in 1912, All West has continued to evolve and adapt its broadband network to pursue its core mission: connecting people to what matters most.

Key Points: 
  • Founded in 1912, All West has continued to evolve and adapt its broadband network to pursue its core mission: connecting people to what matters most.
  • "The continued transformation of All West into a leading broadband provider will benefit from the Novacap digital infrastructure playbook.
  • We’ve found the Novacap partners bring a wealth of expertise in both management and product."
  • All West marks the 8th digital infrastructure investment by Novacap since 2011, and the first for its inaugural Digital Infrastructure Fund.

CoreLogic: US Home Price Growth Speeds Up Again in November

Retrieved on: 
Tuesday, January 9, 2024
Software, Construction & Property, Data Analytics, Data Management, Professional Services, Technology, Other Construction & Property, Residential Building & Real Estate, ZIP Code, HPI, Multimedia, Housing, Unemployment, CHiPs, Growth, Sale, Index, Mountain West Conference, CoreLogic, Inflation, EST, CCAR, Combined, Tourism

View the full release here: https://www.businesswire.com/news/home/20240109628017/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240109628017/en/
    Annual single-family home price growth moved up again in November, posting a 5.2% gain.
  • Northeastern states continued to show significant appreciation, with Rhode Island (11.6%), Connecticut (10.6%), and New Jersey (10.5%) all seeing double-digit growth.
  • In addition, 24 other states posted higher year-over-year home price gains than the national rate.
  • Areas in the Northeast, South and Midwest — where relative affordability continues to drive demand — posted the strongest home price increases.

Clairvest Reports Fiscal 2024 Second Quarter Results

Retrieved on: 
Tuesday, November 14, 2023
Sale, Policy, CVG, Mountain West Conference, Defense, CEP, TSX, Government, IRR, Rare-earth element, Reinsurance, Cryptocurrency, Arrowhead, Genie Music

TORONTO, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Clairvest Group Inc. (TSX: CVG) today reported results for the fiscal 2024 second quarter and six months ended September 30, 2023.

Key Points: 
  • TORONTO, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Clairvest Group Inc. (TSX: CVG) today reported results for the fiscal 2024 second quarter and six months ended September 30, 2023.
  • The decrease in book value for the quarter was attributable to a net loss for the quarter of $44.0 million, or $2.93 per share.
  • In August 2023, and as previously announced in the first quarter press release, Clairvest and CEP VI completed the sale of Arrowhead.
  • Subsequent to quarter end, Clairvest repurchased for cancellation 340,100 of its common shares at a price of $74.00 per share, or a total cost of $25.2 million, from a passive shareholder.