Foley & Lardner

NACD New England honors Waters Corp. and Devoted Health as Public and Private Company “Boards of the Year”

Retrieved on: 
Monday, December 18, 2023
Professional Services, Philanthropy, Communications, Public Policy, Government, Other Manufacturing, Other Science, Healthcare Reform, Foundation, Science, Manufacturing, LGBTQ+, General Health, Continuing, Education, Other Technology, Environment, Technology, Other Professional Services, Health, Legal, Consumer, Human Resources, Other Construction & Property, Finance, Consulting, Banking, Construction & Property, Other Communications, National Association, Memory, The Ireland Funds, Federal Reserve Bank, Boston Scientific, Public, Commerce, River, WBUR, New England Council, Syracuse University, Massachusetts business trust, Greater Boston, Xavier's Security Enforcers, ABL Space Systems, Waters Corporation, Food, Public Citizen Litigation Group, Foley & Lardner, The Boston Foundation, BSX, Medicare, Silver, Life, First American Scientific Corp., NYSE, STT, State Street Corporation, Software, Stonehill College, WAT, Metropolitan Water Board, Eastern Bank, Management, Nursing, Boston

The boards of directors of Waters Corp. (NYSE: WAT) and Devoted Health are being honored as, respectively, the Public and Private Company Boards of the Year.

Key Points: 
  • The boards of directors of Waters Corp. (NYSE: WAT) and Devoted Health are being honored as, respectively, the Public and Private Company Boards of the Year.
  • Waters , based in Milford, Mass., is a global leader in analytical instruments and software for the life, materials, food, and environmental sciences.
  • Devoted Health , of Waltham, Mass., is an all-in-one healthcare company for Medicare beneficiaries, delivering health insurance, access to high quality medical care, and a world-class service experience.
  • He also serves on the boards of Stonehill College and the New England Council and several advisory boards.

Greenbriar Announces Recapitalization of VIVE Collision from Garnett Station Partners, Positioning the Company for Further Growth

Retrieved on: 
Monday, November 20, 2023
Finance, Professional Services, Aftermarket, General Automotive, Automotive, Equity Group Holdings, Foley & Lardner, Garnett station, Partnership, Growth, VIVE, Pleasure, Renewable energy

Greenbriar Equity Group, L.P. (“Greenbriar”) today announced that funds managed by Greenbriar recently completed the growth recapitalization of VIVE Collision (“VIVE” or the “Company”), a leading multi-site collision repair operator, in partnership with the Company’s management and Garnett Station Partners, LLC (“Garnett Station”).

Key Points: 
  • Greenbriar Equity Group, L.P. (“Greenbriar”) today announced that funds managed by Greenbriar recently completed the growth recapitalization of VIVE Collision (“VIVE” or the “Company”), a leading multi-site collision repair operator, in partnership with the Company’s management and Garnett Station Partners, LLC (“Garnett Station”).
  • The Company maintains a dedicated focus on providing the highest-quality, people-first collision repair experience in the industry by prioritizing honesty, transparency, and reliability for its customers.
  • “We would like to thank the entire team from Garnett Station Partners, who showed an incredible commitment to investing in our company and our people to help VIVE maximize its potential.
  • Matt Burke, Managing Director at Greenbriar, said, “We’ve spent significant time evaluating opportunities in the collision repair space and are thrilled to partner with VIVE.

Waters Corporation Board of Directors Named 2024 Public Company Board of the Year by National Association of Corporate Directors New England Chapter

Retrieved on: 
Monday, December 18, 2023
Corporation, NYSE, Waters Corporation, Public Citizen Litigation Group, Foley & Lardner, National Association, Metropolitan Water Board, NACD, WAT, Growth, Xavier's Security Enforcers, Management, Boston

MILFORD, Mass., Dec. 18, 2023 /PRNewswire/ -- Waters Corporation (NYSE: WAT) today announced that its Board of Directors has been named 2024 "Public Company Board of the Year" by the National Association of Corporate Directors (NACD) New England Chapter.

Key Points: 
  • MILFORD, Mass., Dec. 18, 2023 /PRNewswire/ -- Waters Corporation (NYSE: WAT) today announced that its Board of Directors has been named 2024 "Public Company Board of the Year" by the National Association of Corporate Directors (NACD) New England Chapter.
  • This award recognizes exceptional corporate knowledge, leadership, and governance of directors in New England.
  • "We are proud of the Waters board, which comprises leaders with diverse backgrounds and the skills and expertise we need to drive shareholder value creation," said Dr. Flemming Ornskov, Waters Corporation Chairman of the Board.
  • The Waters board demonstrates this through transparency and good governance, as well as its commitment to diversity and fresh perspectives that inform its strategic guidance."

CHRISTOPHER P. TESSITORE TO RETIRE AS GENERAL COUNSEL OF NNN REIT, INC.; GINA M. STEFFENS NAMED AS SUCCESSOR

Retrieved on: 
Tuesday, November 21, 2023
Foley & Lardner, Assistant, NYSE, General counsel, Senior, PHM, LLP, Regency Centers, NNN, George, Multimedia, Trust, University, Growth, Senior counsel, Management, Gina

ORLANDO, Fla., Nov. 21, 2023 /PRNewswire/ -- NNN REIT, Inc. (NYSE: NNN), a real estate investment trust, today announced that Christopher P. Tessitore, Executive Vice President and General Counsel, will retire effective January 1, 2024.

Key Points: 
  • ORLANDO, Fla., Nov. 21, 2023 /PRNewswire/ -- NNN REIT, Inc. (NYSE: NNN), a real estate investment trust, today announced that Christopher P. Tessitore, Executive Vice President and General Counsel, will retire effective January 1, 2024.
  • Gina M. Steffens will succeed Mr. Tessitore as Executive Vice President and General Counsel.
  • Mr. Tessitore has served as Executive Vice President of the Company since January 2007, as General Counsel since February 2006 and as Secretary since May 2006.
  • He also previously served as Senior Vice President and Assistant General Counsel of the Company from 2005 to 2006.

Lewis & Ellis Partners with Novacap to Accelerate Growth and Innovation

Retrieved on: 
Wednesday, November 8, 2023
Foley & Lardner, MAAA, Health, Life, LLP, Risk management, Partnership, FSA, Financial adviser

Lewis & Ellis offers specialized actuarial consulting services to a wide array of clients, from global corporations to regional and mid-sized companies.

Key Points: 
  • Lewis & Ellis offers specialized actuarial consulting services to a wide array of clients, from global corporations to regional and mid-sized companies.
  • "Partnering with Novacap excites us and sets Lewis & Ellis on a trajectory for significant business expansion.
  • We emphasize agility, adaptability, and our unwavering commitment to delivering tailored solutions," commented Cabe Chadick, FSA, MAAA, President & Managing Principal of Lewis & Ellis.
  • "We are excited to help Lewis & Ellis scale its existing services and build new solutions for a dynamic marketplace."

Bluegreen Vacations Holding Corporation to be Acquired by Hilton Grand Vacations

Retrieved on: 
Monday, November 6, 2023
Restaurant, Bar, Family, Lifestyle, Consumer, Lodging, Vacation, Destinations, Retail, Cruise, Travel, BankAtlantic, 2023 Bluegreen Vacations Duels, Foley & Lardner, Blue-green, IRE, Real estate, NYSE, BBX Capital Corporation, Alston & Bird, Common stock, Wells Fargo, Great Smoky Mountains, HGV, BofA Securities, Stearns, Hilton Grand Vacations, Club Resorts Ltd v Van Breda, Simpson Thacher & Bartlett, BVH, Credit Suisse, Bass Pro Shops, Hilton, Hotel

Bluegreen Vacations Holding Corporation (NYSE: BVH) (OTCQX: BVHBB) (the “Company" or “Bluegreen Vacations”) announced today that it has entered into a definitive agreement to be acquired by Hilton Grand Vacations Inc. (NYSE: HGV) (“HGV”) for $75.00 per share in an all cash transaction, representing a total enterprise value of approximately $1.5 billion, inclusive of net debt.

Key Points: 
  • Bluegreen Vacations Holding Corporation (NYSE: BVH) (OTCQX: BVHBB) (the “Company" or “Bluegreen Vacations”) announced today that it has entered into a definitive agreement to be acquired by Hilton Grand Vacations Inc. (NYSE: HGV) (“HGV”) for $75.00 per share in an all cash transaction, representing a total enterprise value of approximately $1.5 billion, inclusive of net debt.
  • In the 1970’s, Alan B. Levan founded the predecessor to Bluegreen Vacations Holding Corporation, and it has been a diversified holding company for over 50 years.
  • With headquarters in Boca Raton, Florida, Bluegreen Vacations has 49 Club Resorts and 24 Associate Resorts.
  • Alan Levan, the Company’s Chairman and Chief Executive Officer, said, “Today’s announcement represents another exciting chapter for Bluegreen Vacations.

Hilton Grand Vacations to Acquire Bluegreen Vacations

Retrieved on: 
Monday, November 6, 2023
Vacation, Other Travel, Lodging, Destinations, Travel, 2023 Bluegreen Vacations Duels, Foley & Lardner, Blue-green, Bank, NYSE, Barclays, Bass, J. P. Morgan, EBITDA, G&A, Acquisition, Alston & Bird, Credit Suisse, NASCAR, Wells Fargo, Bank of America, HGV, ID, BofA Securities, Marketing, Partnership, Hilton Grand Vacations, Deutsche Bank, Simpson Thacher & Bartlett, BVH, Hilton Worldwide, Bass Pro Shops, Hotel, Tourism, Bookkeeping

“I’m excited to enhance the breadth and quality of our already best-in-class vacation ownership and experiences offering with the announcement of our agreement to acquire Bluegreen Vacations,” said Mark Wang, president and CEO of Hilton Grand Vacations.

Key Points: 
  • “I’m excited to enhance the breadth and quality of our already best-in-class vacation ownership and experiences offering with the announcement of our agreement to acquire Bluegreen Vacations,” said Mark Wang, president and CEO of Hilton Grand Vacations.
  • We’re confident that our team members, shareholders, members and consumers will all significantly benefit from the combination of these exceptional organizations.”
    Alan Levan, Bluegreen Vacations chief executive officer said, “Today’s announcement represents another exciting chapter for Bluegreen Vacations.
  • Our new partnership with Hilton Grand Vacations is one of the most exciting and important in our history!
  • Under the terms of the agreement, Bluegreen Vacations stockholders are expected to receive $75 in cash for each share of Bluegreen Vacations.

Halia Therapeutics Continued Support to Utah's Industry Community Recognized by First Place at the Utah Business Innovation Awards

Retrieved on: 
Tuesday, October 31, 2023
Ageing, Inflammation, Medicine, Conditional sentence, Medtech, NLRP3, LEHI, Drug development, Quality of life, The Economist, Immune system, Partnership, Foley & Lardner, Liaquat University of Medical & Health Sciences, DSM-IV codes, Therapy, Patient, Pharmaceutical industry

LEHI, Utah, Oct. 31, 2023 /PRNewswire/ -- Halia Therapeutics, a clinical-stage biopharmaceutical company advancing innovative medicines to treat a broad range of diseases driven by chronic inflammation and neurodegeneration, today announced that the company has been awarded first place in the Medical & Health: MedTech category of the Utah Business Innovation Awards, a recognition of breakthrough innovations that are impacting a broad spectrum of markets and industries within its local community. In addition to this esteemed recognition, and further demonstrating the company's impact on Utah, Dr. David J. Bearss, President and CEO of Halia Therapeutics, has also been appointed as a member of the Board of Directors for BioUtah, Utah's trade association serving the state's life sciences community.

Key Points: 
  • "Halia is incredibly honored to be recognized as a leading innovator by the medical and health industry of Utah alongside other pioneering companies," said Dr.  Bearss.
  • "In partnership with Foley & Lardner, the Innovation Awards pay tribute to the innovative spirit permeating Utah companies and the talented people working to alleviate complex problems with elegant solutions.
  • Utah Business is proud to recognize Halia Therapeutics as a leading innovator in the Medical & Health: MedTech industry category," said Mekenna Malan, Editor of Utah Business.
  • "We are eager to observe the company's progress in its therapeutic development to address chronic diseases."

Ferrara Candy Company to Acquire Jelly Belly Candy Company

Retrieved on: 
Wednesday, October 18, 2023
Food Tech, Retail, Technology, Manufacturing, Other Manufacturing, Food, Beverage, Knowledge, Foley & Lardner, Candy, Ferrara Candy Company, Acquisition, Distribution, Wardwell, Growth, Ferrero, Executive, Jelly Belly, Management

Ferrara Candy Company (“Ferrara”) today announced an agreement to acquire Jelly Belly Candy Company (“Jelly Belly”) through CTH Invest, the lead holding company of Ferrara.

Key Points: 
  • Ferrara Candy Company (“Ferrara”) today announced an agreement to acquire Jelly Belly Candy Company (“Jelly Belly”) through CTH Invest, the lead holding company of Ferrara.
  • The proposed acquisition would combine Jelly Belly Candy Company’s more than 100 flavors of Jelly Belly® jelly beans and gourmet specialty confections with Ferrara’s broad portfolio of sugar candies.
  • Its signature brand of Jelly Belly® jelly beans has been one of the most loved and recognizable candy products in the world since its introduction in 1976.
  • “As we considered the future of Jelly Belly Candy Company, we have been steadfast in our commitment to create a win-win situation for our employees, consumers, and products,” said Herman Rowland, Sr., Chairman of the Board of Directors of Jelly Belly.

Gatekeeper Announces Strategic Growth Investment from Vista Equity Partners

Retrieved on: 
Tuesday, October 17, 2023
Investment, Senior, Vendor management system, Travers Smith, Risk, Growth, Kirkland & Ellis, Vista Equity Partners, Contract management, Contract lifecycle management, Foley & Lardner, Audit, Management, Gatekeeper

LONDON, United Kingdom , Oct. 17, 2023 /PRNewswire-PRWeb/ -- Gatekeeper, the leading Vendor & Contract Lifecycle Management (VCLM) platform, today announced a strategic growth investment from Vista Equity Partners ("Vista"), a leading global investment firm focused exclusively on enterprise software, data and technology-enabled businesses. The investment, the Company's first external capital since inception, will accelerate platform innovation and go-to-market functions to expand its global footprint and capitalise on the growing demand for unified Vendor Management, Contract Management and Third-Party Risk Management solutions.

Key Points: 
  • Gatekeeper Accepts First External Capital to Take Advantage of Growing Demand for Unified Vendor, Contract and Third-Party Risk Management Platform Capabilities
    LONDON, United Kingdom , Oct. 17, 2023 /PRNewswire-PRWeb/ -- Gatekeeper , the leading Vendor & Contract Lifecycle Management (VCLM) platform, today announced a strategic growth investment from Vista Equity Partners ("Vista"), a leading global investment firm focused exclusively on enterprise software, data and technology-enabled businesses.
  • "Our vision is rooted in the convergence of vendor, contract and third-party risk management," said Patrick O'Connor, CEO and Founder of Gatekeeper.
  • The investment in Gatekeeper was made by Vista's Endeavor Fund, which provides growth investments and strategic support to market-leading, high-growth enterprise software companies that have achieved at least $10 million in recurring revenue.
  • PEAK Technology Partners served as financial advisor and Travers Smith and Foley & Lardner LLP acted as legal counsel to Gatekeeper.