LP

Oldcastle BuildingEnvelope, Inc. CEO Bruno Biasiotta Steps Down to Focus on Health, Family; CFO Michael Marcely Appointed Interim CEO; New Divisional President Announced

Retrieved on: 
Friday, March 8, 2024
Architecture, Other Construction & Property, Residential Building & Real Estate, Manufacturing, Commercial Building & Real Estate, Construction & Property, Other Manufacturing, WCC, Senior, OBE, LP, Growth, Glass, KPS Capital Partners, Chairperson, Interim, Health, WESCO International, Family, Management

Oldcastle BuildingEnvelope, Inc. (“OBE” or the “Company”) announced today that Bruno Biasiotta will step down as Chief Executive Officer to focus on his health and family.

Key Points: 
  • Oldcastle BuildingEnvelope, Inc. (“OBE” or the “Company”) announced today that Bruno Biasiotta will step down as Chief Executive Officer to focus on his health and family.
  • OBE’s Chief Financial Officer, Michael (Mike) Marcely, will assume the responsibilities of Interim Chief Executive Officer effective immediately.
  • The Company also announced the appointment of Steve Dean as President – Glass and Glazing Systems.
  • The broader OBE senior leadership team and I are committed to ensuring this change is seamless for our customers, suppliers and employees.

True Wind Capital Hires Emily M. Brakebill as Partner, Head of Investor Relations

Retrieved on: 
Wednesday, March 6, 2024
Technology, Finance, Fintech, Business, Professional Services, Software, Internet, Hardware, Data Management, LP, HMI, CCO, Wind, Stanford University, Harvard Business School

True Wind Capital (“True Wind”), a private investment firm that helps differentiated technology companies claim their right to win, today announced the hiring of Emily M. Brakebill as Partner, Head of Investor Relations.

Key Points: 
  • True Wind Capital (“True Wind”), a private investment firm that helps differentiated technology companies claim their right to win, today announced the hiring of Emily M. Brakebill as Partner, Head of Investor Relations.
  • Ms. Brakebill joined True Wind effective on March 4, 2024, and will serve on the firm's Investment Committee.
  • “We’re excited to work with Emily,” said Adam Clammer, Managing Partner.
  • In addition to owning all fundraising efforts, Brakebill was responsible for LP relations and investor communications.

Hartree Partners (UK) Ltd. Acquires a 50% Share in Biomethane Expert Botres Holding GmbH

Retrieved on: 
Thursday, March 7, 2024
Environment, Finance, Other Energy, Professional Services, Sustainability, Alternative Energy, Green Technology, Energy, Agriculture, Natural Resources, Acquisition, LP, Renewable Energy Directive 2018, Partnership, Growth, Plant, RED, Oaktree Capital Management, Partner, Metal, Digestion, Hartree, Executive officer, Manure, Waste management, Sewage treatment

Hartree Partners (UK) Limited (“Hartree”), a wholly owned subsidiary of Hartree Partners LP, which is co-owned by its partners and funds managed by Oaktree Capital Management, announced that it has signed an acquisition agreement for a 50% share in Botres Holding GmbH and its subsidiaries (“Botres”).

Key Points: 
  • Hartree Partners (UK) Limited (“Hartree”), a wholly owned subsidiary of Hartree Partners LP, which is co-owned by its partners and funds managed by Oaktree Capital Management, announced that it has signed an acquisition agreement for a 50% share in Botres Holding GmbH and its subsidiaries (“Botres”).
  • Botres is led by its founders Dr. Stefan Kromus and Dr. Markus Grasmug, who serve as Managing Directors.
  • Jointly, Dr. Kromus and Dr. Grasmug have over 40 years of experience in the design, development, construction, and operation of waste focused biomethane plants.
  • Hartree is partnering with Botres to develop a European biomethane production business with a focus on Renewable Energy Directive (RED) compliant feedstocks, which will operate under the Botres brand.

LP Building Solutions Awarded Five Prestigious Honors for Structural Solutions Products, Recognized for Product Excellence and Sustainability

Retrieved on: 
Tuesday, March 5, 2024
Other Manufacturing, Environment, Commercial Building & Real Estate, Construction & Property, Sustainability, Building Systems, Manufacturing, Forest Products, Natural Resources, Residential Building & Real Estate, LP, ASTM International, Multimedia, Builder, Carbon, Most valuable player, Green Builder Media

LP Building Solutions (LP), a leading manufacturer of high-performance building products, today announced several accolades garnered by its Structural Solutions portfolio, further solidifying its commitment to innovation and sustainability.

Key Points: 
  • LP Building Solutions (LP), a leading manufacturer of high-performance building products, today announced several accolades garnered by its Structural Solutions portfolio, further solidifying its commitment to innovation and sustainability.
  • View the full release here: https://www.businesswire.com/news/home/20240305804860/en/
    BUILD Magazine, PRODUCTS Magazine, and Green Builder Media recognized the LP® Structural Solutions portfolio for its exceptional product quality and sustainable attributes.
  • (Photo: Business Wire)
    Three distinguished industry authorities—BUILD Magazine, PRODUCTS Magazine, and Green Builder Media—recognized the LP® Structural Solutions portfolio for its exceptional product quality and sustainable attributes.
  • In September 2023, LP announced that five products within its Structural Solutions portfolio— LP® TechShield® Radiant Barrier , LP WeatherLogic® Air & Water Barrier , LP Legacy® Premium Sub-Flooring , LP® FlameBlock® Fire-Rated Sheathing and LP® TopNotch® 350 Durable Sub-Flooring —are carbon negative.

Sonendo Divests TDO® Software and Amends Credit Agreement

Retrieved on: 
Monday, March 4, 2024
Medical Devices, Health, Dental, Technology, Software, Acquisition, LP, Stifel, Practice management, Sale, Reed Smith, TDO, OTCQX, Partnership

In addition, Sonendo announced that it has reached an agreement with Perceptive Credit Holdings, LP to amend its Amended and Restated Credit Agreement and Guaranty, dated as of August 23, 2021, as amended (“Perceptive Loan").

Key Points: 
  • In addition, Sonendo announced that it has reached an agreement with Perceptive Credit Holdings, LP to amend its Amended and Restated Credit Agreement and Guaranty, dated as of August 23, 2021, as amended (“Perceptive Loan").
  • TDO Software is a developer of widely used endodontic practice management software solutions, designed to simplify practice workflow.
  • TDO® Software integrates practice management, imaging, referral reporting and cone beam computed tomography imaging, and offers an integrated communication system with Sonendo's GentleWave® System.
  • Moving forward, this divestiture allows Sonendo to focus solely on growing awareness and adoption of the GentleWave procedure.

Independence Realty Trust Receives Investment Grade Credit Rating from Fitch

Retrieved on: 
Monday, March 4, 2024
REIT, Finance, Professional Services, Residential Building & Real Estate, Construction & Property, BBB, Portfolio optimization, Growth, LP, IRT, Fitch Ratings, Risk management

Independence Realty Trust, Inc. (NYSE: IRT) (“IRT” or the “Company”) announced today that the Company received an investment grade rating from Fitch Ratings (“Fitch”).

Key Points: 
  • Independence Realty Trust, Inc. (NYSE: IRT) (“IRT” or the “Company”) announced today that the Company received an investment grade rating from Fitch Ratings (“Fitch”).
  • Fitch has assigned a Long-Term Issuer Default Rating of ‘BBB’ to IRT with a stable outlook.
  • In addition, Fitch has assigned a rating of ‘BBB’ to the company's subsidiary, Independence Realty Operating Partnership, LP and its senior unsecured debt, which includes credit facilities and unsecured term loans.
  • “We’re proud to have achieved an investment grade credit rating, a significant milestone for IRT,” said Scott Schaeffer, Chairman and Chief Executive Officer of IRT.

Timothy Go Elected to Celanese Board of Directors

Retrieved on: 
Wednesday, February 28, 2024
Chemicals, Plastics, Manufacturing, Annual general meeting, CE, LP, Koch Industries, Moses Austin, Gasoline, Calumet Specialty Products Partners, Celanese, Chemical engineering, Calumet, University, ExxonMobil, HF, Chair, Corporation, Timothy, Management

Celanese Corporation (NYSE: CE), a global chemical and specialty materials company, today announced that Timothy Go has been elected to the company’s Board of Directors.

Key Points: 
  • Celanese Corporation (NYSE: CE), a global chemical and specialty materials company, today announced that Timothy Go has been elected to the company’s Board of Directors.
  • Mr. Go, 57, is President, Chief Executive Officer, and a member of the Board of Directors of HF Sinclair Corporation.
  • He will begin his Board service effective immediately, bringing the total number of Board members to twelve (eleven of which are independent).
  • “We are delighted to have Tim join the Celanese Board, where his leadership experience in the energy and specialty chemical industries will enable him to bring an immensely valuable perspective,” said Lori Ryerkerk, Chair, Chief Executive Officer and President, Celanese Corporation.

Sparq Acquires Fast-Growing Nearshore Digital Engineering Firm

Retrieved on: 
Tuesday, February 27, 2024
Technology, Engineering, Other Technology, Manufacturing, Software, Networks, Internet, Electronic Design Automation, Data Management, Growth, LP, Fortune 1000, Sales

Sparq, a leading U.S.-based provider of outsourced digital engineering for technology driven and Fortune 1000 companies, has acquired Octobot, a fast-growing nearshore digital engineering firm that will expand Sparq’s digital product development services and nearshore delivery capabilities.

Key Points: 
  • Sparq, a leading U.S.-based provider of outsourced digital engineering for technology driven and Fortune 1000 companies, has acquired Octobot, a fast-growing nearshore digital engineering firm that will expand Sparq’s digital product development services and nearshore delivery capabilities.
  • Octobot and its team of digital engineering and technology professionals bring new skills and scale to Sparq’s delivery network.
  • Sparq’s existing clients will have more opportunities to scale up for big projects through a large nearshore talent network and richer digital engineering capabilities.
  • “In the fast-moving current technology landscape, it is vital to scale quickly and create product-focused digital engineering solutions,” said Monty Hamilton, CEO of Sparq.

NGM BIOPHARMACEUTICALS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of NGM Biopharmaceuticals, Inc. - NGM

Retrieved on: 
Tuesday, February 27, 2024
Professional Services, Health, Legal, Class Action Lawsuit, Pharmaceutical, Biotechnology, NGM, KSF, LP, Sale, Column

and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of NGM Biopharmaceuticals, Inc. (NasdaqGS: NGM) to affiliates of The Column Group, LP.

Key Points: 
  • and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of NGM Biopharmaceuticals, Inc. (NasdaqGS: NGM) to affiliates of The Column Group, LP.
  • Under the terms of the proposed transaction, shareholders of NGM will receive $1.55 in cash for each share of NGM that they own.
  • Please note that the merger is structured as a tender offer, such that time may be of the essence.
  • To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com .

NGM Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of NGM Biopharmaceuticals, Inc. Is Fair to Shareholders

Retrieved on: 
Monday, February 26, 2024
Class Action Lawsuit, Professional Services, Legal, NGM, Advertising, LP, Fraud, Sale, Column

Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of NGM Biopharmaceuticals, Inc. (NASDAQ: NGM) to affiliates of The Column Group, LP for $1.55 in cash per share is fair to NGM shareholders.

Key Points: 
  • Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of NGM Biopharmaceuticals, Inc. (NASDAQ: NGM) to affiliates of The Column Group, LP for $1.55 in cash per share is fair to NGM shareholders.
  • On behalf of NGM shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.
  • Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.