ATI

Ares Management Corporation Announces U.S. Direct Lending Origination Activity

Retrieved on: 
Tuesday, October 31, 2023

Ares Management Corporation announced today that funds managed by its Credit Group (collectively “Ares”) closed approximately $6.1 billion in U.S. direct lending commitments across 53 transactions during the third quarter of 2023 and approximately $20.6 billion in direct lending commitments across 189 transactions in the last twelve-month period ended September 30, 2023.

Key Points: 
  • Ares Management Corporation announced today that funds managed by its Credit Group (collectively “Ares”) closed approximately $6.1 billion in U.S. direct lending commitments across 53 transactions during the third quarter of 2023 and approximately $20.6 billion in direct lending commitments across 189 transactions in the last twelve-month period ended September 30, 2023.
  • Ares served as the administrative agent for a senior secured credit facility to support TSG Consumer Partners’ continued growth plans for ATI Restoration.
  • Ares served as a lender for a senior secured credit facility to support Vista’s continued growth plans for Finastra.
  • Ares served as a lender for a senior secured credit facility to support Thoma Bravo’s refinancing for Hyland.

ATI PHYSICAL THERAPY OPENS A NEW LOCATION IN MARYLAND

Retrieved on: 
Tuesday, October 31, 2023

BOLINGBROOK, Ill., Oct. 31, 2023 /PRNewswire/ -- ATI Physical Therapy ("ATI" or the "Company") (NYSE: ATIP), a nationally recognized outpatient physical therapy provider in the United States, is excited to announce the opening of its 68th clinic in Maryland. The new location is located in Germantown and aims to provide access to high-quality physical therapy services and treatment by dedicated therapists to the residents of Germantown and the surrounding areas.

Key Points: 
  • BOLINGBROOK, Ill., Oct. 31, 2023 /PRNewswire/ -- ATI Physical Therapy ("ATI" or the "Company") (NYSE: ATIP), a nationally recognized outpatient physical therapy provider in the United States, is excited to announce the opening of its 68th clinic in Maryland.
  • The new location is located in Germantown and aims to provide access to high-quality physical therapy services and treatment by dedicated therapists to the residents of Germantown and the surrounding areas.
  • In partnership with the Gaithersurg-Germantown Chamber of Commerce, Inc., ATI Physical Therapy will be hosting a ribbon-cutting ceremony to celebrate the grand opening of its newest location.
  • "We understand the importance of accessibility and aim to make healthcare services more convenient and accessible to everyone," said Tim Flaherty, Regional Vice President for ATI Physical Therapy.

Strategic Advisory Board Elevates sureti’s Property Claims Resolution Capabilities

Retrieved on: 
Friday, October 27, 2023

“Insurance carriers and restorers are challenged by increasing claims severity and frequency,” said Whatley, sureti president .

Key Points: 
  • “Insurance carriers and restorers are challenged by increasing claims severity and frequency,” said Whatley, sureti president .
  • “The experience of this multi-industry board will be instrumental in positioning sureti to reduce additional living expenses (ALE) and business interruption (BI) severity for carriers, as well as administrative burden for restorers.
  • sureti’s ability to expedite claims resolution solves these challenges by increasing policyholder satisfaction and retention.
  • “sureti improves our aging report, promptly distributes claim proceeds, prevents misuse of funds, and collects deductibles from our customers.

ATI PHYSICAL THERAPY INVESTIGATION CONTINUED BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Continues to Investigate the Officers and Directors of ATI Physical Therapy, Inc. f/k/a Fortress Value Acquisition Corp. II - ATIP

Retrieved on: 
Monday, October 23, 2023

On February 22, 2021, ATI and Fortress Value Acquisition Corp. II announced a proposed merger that would take ATI public.

Key Points: 
  • On February 22, 2021, ATI and Fortress Value Acquisition Corp. II announced a proposed merger that would take ATI public.
  • On June 17, 2021, the Company announced that it had completed its Business Combination with Fortress.
  • Recently, the court presiding over that case denied the Company’s motion to dismiss in part, allowing the case to move forward.
  • KSF’s investigation is focusing on whether ATI’s officers and/or directors breached their fiduciary duties to the Company’s shareholders or otherwise violated state or federal laws.

ATI Physical Therapy to Announce Third Quarter 2023 Financial Results

Retrieved on: 
Monday, October 23, 2023

BOLINGBROOK, Ill., Oct. 23, 2023 /PRNewswire/ -- ATI Physical Therapy, Inc. – ("ATI" or the "Company") (NYSE: ATIP), a nationally recognized outpatient physical therapy provider in the United States, today announced that it will release third quarter 2023 financial results on Monday, November 6, 2023, after the market closes.

Key Points: 
  • BOLINGBROOK, Ill., Oct. 23, 2023 /PRNewswire/ -- ATI Physical Therapy, Inc. – ("ATI" or the "Company") (NYSE: ATIP), a nationally recognized outpatient physical therapy provider in the United States, today announced that it will release third quarter 2023 financial results on Monday, November 6, 2023, after the market closes.
  • In conjunction, the company will host a conference call to review results at 5 p.m.
  • Management will host a conference call at 5 p.m. Eastern Time on November 6, 2023 to review third quarter 2023 financial results.
  • To join, please access the following web link, ATI Physical Therapy, Inc. Q3 2023 Earnings Conference Call , on the Company's Investor Relations website at https://investors.atipt.com at least 15 minutes early to register, and download and install any necessary audio software.

ATI to host in-person investor update on November 29

Retrieved on: 
Monday, October 23, 2023

DALLAS, Oct. 23, 2023 /PRNewswire/ -- ATI Inc. (NYSE: ATI) will host an Investor Update event from 9:00 AM to 12:00 PM ET on Wednesday, November 29, 2023, at the New York Stock Exchange in New York City.

Key Points: 
  • Company leaders to share insights into expanding A&D business, affirm long-term strategy
    DALLAS, Oct. 23, 2023 /PRNewswire/ -- ATI Inc. (NYSE: ATI) will host an Investor Update event from 9:00 AM to 12:00 PM ET on Wednesday, November 29, 2023, at the New York Stock Exchange in New York City.
  • During this event, ATI leaders will provide new insight on the company's expanding Aerospace & Defense business and affirm long-term strategy for delivering shareholder value through growth and performance for our customers.
  • Our "in-person" experience will provide access for Q&A and interaction with our leadership team during and after the event.
  • ATI (NYSE: ATI) is a global producer of high-performance materials and solutions for the global aerospace and defense markets, and critical applications in electronics, medical and specialty energy.

LDR Growth Partners Acquires ATI Corporation, Leading Northeast Grading Products and Loader Attachment Company

Retrieved on: 
Wednesday, October 18, 2023

ATI is a U.S.-headquartered and family-owned business specializing in manufacturing skid steer and track loader attachments with a focus on precision grading attachments.

Key Points: 
  • ATI is a U.S.-headquartered and family-owned business specializing in manufacturing skid steer and track loader attachments with a focus on precision grading attachments.
  • "With manufacturing being one of the largest sectors of opportunity within the United States, LDR considers manufacturing companies like ATI critical to the future growth of the American economy.
  • These companies provide vital jobs and local investment for communities across the nation," said Lauren Gore, Partner at LDR Growth Partners.
  • ATI has demonstrated a commitment to operational excellence and exceptional quality precision grading attachments, cultivating its reputation rooted in delivering unparalleled products and exceptional customer service.

Advanced Technology International to manage BARDA's Rapid Response Partnership Vehicle OTA

Retrieved on: 
Wednesday, October 4, 2023

SUMMERVILLE, S.C., Oct. 4, 2023 /PRNewswire/ -- Advanced Technology International (ATI) has been awarded an Other Transaction Agreement (OTA) by the Biomedical Advanced Research and Development Authority ( BARDA ), part of the Administration for Strategic Preparedness and Response within the U.S. Department of Health and Human Services, to serve as the consortium manager for the Rapid Response Partnership Vehicle (RRPV).

Key Points: 
  • SUMMERVILLE, S.C., Oct. 4, 2023 /PRNewswire/ -- Advanced Technology International (ATI) has been awarded an Other Transaction Agreement (OTA) by the Biomedical Advanced Research and Development Authority ( BARDA ), part of the Administration for Strategic Preparedness and Response within the U.S. Department of Health and Human Services, to serve as the consortium manager for the Rapid Response Partnership Vehicle (RRPV).
  • The RRPV will help fortify national health security by developing medical countermeasures prior to and during a pandemic or public health emergency.
  • The RRPV will focus on the acceleration of products and technology development, regulatory approval, commercialization, and sustainment to address pandemic influenza, emerging infectious diseases, and other biological threats.
  • Members will focus on advancing health security, enhancing preparedness, and enabling a rapid response to the next pandemic or health emergency.

Unitek 2023 Conference: Building Momentum Through Caring Partnerships

Retrieved on: 
Tuesday, October 3, 2023

NEWPORT BEACH, Calif., Oct. 3, 2023 /PRNewswire-PRWeb/ -- On September 15, 2023, Unitek hosted their eighth annual conference. Dr. Eric Mazur, the Balkanski Professor of Physics and Applied Physics and Area Chair of Applied Physics at Harvard University, served as the welcome keynote speaker. This event also featured Angela Ramirez, the Deputy Chief of Staff at the U.S. Department of Health and Human Services, as the closing keynote speaker. The virtual event focused on the theme of "Expanding Equity: Building Momentum Through Caring Partnerships." Guest speakers from academia, practice institutions, and national nursing and healthcare advocacy organizations explored megatrends in teaching, learning, and healthcare delivery shaped by responses to the most expensive and widespread public health crises of our time.

Key Points: 
  • NEWPORT BEACH, Calif., Oct. 3, 2023 /PRNewswire-PRWeb/ -- On September 15, 2023, Unitek hosted their eighth annual conference.
  • The virtual event focused on the theme of "Expanding Equity: Building Momentum Through Caring Partnerships."
  • "This conference focused on building equity and fostering caring partnerships across the healthcare and education industries.
  • Unitek Learning is the parent company of several distinguished learning institutions: Unitek College, Unitek EMT, Unitek Training Healthcare, Eagle Gate College, Provo College, and Brookline College.

ATI PHYSICAL THERAPY INVESTIGATION CONTINUED BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Continues to Investigate the Officers and Directors of ATI Physical Therapy, Inc. f/k/a Fortress Value Acquisition Corp. II - ATIP

Retrieved on: 
Saturday, September 30, 2023

On February 22, 2021, ATI and Fortress Value Acquisition Corp. II announced a proposed merger that would take ATI public.

Key Points: 
  • On February 22, 2021, ATI and Fortress Value Acquisition Corp. II announced a proposed merger that would take ATI public.
  • On June 17, 2021, the Company announced that it had completed its Business Combination with Fortress.
  • Recently, the court presiding over that case denied the Company’s motion to dismiss in part, allowing the case to move forward.
  • KSF’s investigation is focusing on whether ATI’s officers and/or directors breached their fiduciary duties to the Company’s shareholders or otherwise violated state or federal laws.