Faneuil

ALJ REGIONAL HOLDINGS, INC. ACQUIRES RANEW'S COMPANIES, COMPLETES REPURCHASES AND CERTAIN INVESTMENTS

Retrieved on: 
Thursday, September 29, 2022
Well, Income, Purchasing, Employment, QOF, Bill, Clayton Equipment Company, GAAP, Sale, LLC, Company, Acquisition, Private Securities Litigation Reform Act, Investment, OTC, ALJ, TTM, Share repurchase, NASDAQ, Collection, VWAP, Port Management Company, Failure, Faneuil, Security (finance), EBITDA, Note, Asset purchase agreement, Mark-to-market accounting, Merritt Ranew

Consideration paid by ALJ for the acquisition at closing was $20.8 million, subject to certain purchase price adjustments and certain earn-out payments set forth in the Purchase Agreement and described below.

Key Points: 
  • Consideration paid by ALJ for the acquisition at closing was $20.8 million, subject to certain purchase price adjustments and certain earn-out payments set forth in the Purchase Agreement and described below.
  • The acquisition was consummated through Resin Acquisition Corp. (the "Purchaser"), a subsidiary of ALJ.
  • At the closing, Purchaser issued Mr. Ranew 19.99% of the equity interests in Purchaser in consideration of the rollover of certain of Mr. Ranew's equity interests.
  • On September 26, 2022, ALJ invested approximately $20 million into its 99% owned subsidiary ALJ Qualified Opportunity Fund LLC ("QOF").

Global Partners Mourns the Loss of Executive Vice President and General Counsel Edward J. Faneuil

Retrieved on: 
Tuesday, May 18, 2021
Other Energy, Transport, Logistics, Supply chain management, Oil, Gas, Energy, Other Transport, Slifka, Faneuil, Global Partners

b'It is with profound sadness that Global Partners LP (NYSE: GLP) today announced that Edward J. Faneuil, the Partnership\xe2\x80\x99s Executive Vice President, General Counsel and Secretary, died suddenly on May 17, 2021.

Key Points: 
  • b'It is with profound sadness that Global Partners LP (NYSE: GLP) today announced that Edward J. Faneuil, the Partnership\xe2\x80\x99s Executive Vice President, General Counsel and Secretary, died suddenly on May 17, 2021.
  • \xe2\x80\x9cHis knowledge, experience and leadership were integral in guiding and growing our business and our team.\xe2\x80\x9d\nEric Slifka, President and CEO of Global Partners, said, \xe2\x80\x9cYesterday we lost a legend.
  • Faneuil, who had been employed with the Global family of companies since 1991, oversaw the Partnership\xe2\x80\x99s legal and regulatory departments.
  • From 1981 to 1991, Mr. Faneuil was a partner at Samek & Faneuil, a Boston-based general practice law firm with an emphasis on mergers and acquisitions and real estate transactions.\nMr.

ALJ Regional Holdings, Inc. Announces Earnings For The First Quarter Ended December 31, 2020

Retrieved on: 
Thursday, February 11, 2021
Earnings before interest, taxes, depreciation and amortization, Fundamental analysis, Private equity, Profit, Faneuil

Faneuil recognized net revenue of $86.0 million for the three months ended December 31, 2020 compared to $58.6 million for the three months ended December 31, 2019.

Key Points: 
  • Faneuil recognized net revenue of $86.0 million for the three months ended December 31, 2020 compared to $58.6 million for the three months ended December 31, 2019.
  • Faneuil recognized net revenue of $68.1 million for the three months ended September 30, 2020.
  • Faneuil segment adjusted EBITDA was $3.6 million for the three months ended December 31, 2020 compared to $1.7 million for the three months ended December 31, 2019.
  • Faneuil segment adjusted EBITDA was $3.9 million for the three months ended September 30, 2020.

ALJ Regional Holdings, Inc. Announces Earnings For The Fourth Quarter And Year Ended September 30, 2020

Retrieved on: 
Friday, December 18, 2020
Earnings before interest, taxes, depreciation and amortization, Fundamental analysis, Private equity, Profit, Faneuil

Faneuil recognized net revenue of $68.1 million for the three months ended September 30, 2020 compared to $50.2 million for the three months ended September 30, 2019.

Key Points: 
  • Faneuil recognized net revenue of $68.1 million for the three months ended September 30, 2020 compared to $50.2 million for the three months ended September 30, 2019.
  • Faneuil segment adjusted EBITDA was $3.9 million for the three months ended September 30, 2020 compared to $0.6 million for the three months ended September 30, 2019.
  • Faneuil segment adjusted EBITDA was $4.3 million for the three months ended June 30, 2020.
  • Faneuil recognized net revenue of $247.0 million for the year ended September 30, 2020 compared to $196.8 million for the year ended September 30, 2019.

ALJ Regional Holdings, Inc. Announces Earnings For The Third Quarter Ended June 30, 2020

Retrieved on: 
Wednesday, August 12, 2020
Earnings before interest, taxes, depreciation, and amortization, Fundamental analysis, Private equity, Profit, Faneuil

Faneuil recognized net revenue of $61.5 million for the three months ended June 30, 2020 compared to $44.8 million for the three months ended June 30, 2019.

Key Points: 
  • Faneuil recognized net revenue of $61.5 million for the three months ended June 30, 2020 compared to $44.8 million for the three months ended June 30, 2019.
  • Faneuil segment adjusted EBITDA was $4.3 million for the three months ended June 30, 2020 compared to $0.5 million for the three months ended June 30, 2019.
  • Faneuil recognized net revenue of $178.9 million for the nine months ended June 30, 2020 compared to $146.6 million for the nine months ended June 30, 2019.
  • Faneuil segment adjusted EBITDA was $7.3 million for the nine months ended June 30, 2020 compared to $8.3 million for the nine months ended June 30, 2019.

Reaffirming Commitment To Racial Equality, ALJ Regional Holdings Changes Name Of Its Subsidiary Faneuil

Retrieved on: 
Monday, June 22, 2020
Massachusetts, Peter Faneuil, Faneuil Hall, Faneuil, Boston

NEW YORK, June 22, 2020 /PRNewswire/ -- ALJ Regional Holdings, Inc. (NASDAQ: ALJJ) ("ALJ") announced today that it will change the name of its wholly owned subsidiary Faneuil, Inc., a leading national provider of multi-channel customer care and other business processing solutions.

Key Points: 
  • NEW YORK, June 22, 2020 /PRNewswire/ -- ALJ Regional Holdings, Inc. (NASDAQ: ALJJ) ("ALJ") announced today that it will change the name of its wholly owned subsidiary Faneuil, Inc., a leading national provider of multi-channel customer care and other business processing solutions.
  • Faneuil was named after Boston's Faneuil Hall, where the company was originally located.
  • Faneuil Hall was named after its donor Peter Faneuil, an 18th century merchant who was also a slave owner and trader.
  • Our diversity has been, and will continue to be, one of our greatest strengths."