Eileen M. Decker

Dextra Partners Announces Formation with $2.5 Billion of Investable Capital from Strategic Partners

Retrieved on: 
Monday, January 9, 2023

Dextra Partners LLC (“Dextra" or the “Firm”) announced its formation as an independent, multi-strategy investment firm focused on providing investors with differentiated middle market private equity opportunities.

Key Points: 
  • Dextra Partners LLC (“Dextra" or the “Firm”) announced its formation as an independent, multi-strategy investment firm focused on providing investors with differentiated middle market private equity opportunities.
  • Headquartered in New York, the Firm has been established with $2.5 billion of investable capital in vehicles managed by Dextra from a select group of strategic partners.
  • The Founding Partners previously spent an average of 19 years at GoldPoint Partners, which had $16 billion in assets under management at the time of their departure.
  • The Founding Partners are:
    “We are tremendously grateful to our strategic partners for their significant vote of confidence in our vision,” said the Founding Partners.

Chiesi Farmaceutici S.p.A. to Acquire Amryt Pharma Plc

Retrieved on: 
Sunday, January 8, 2023

The Transaction was unanimously approved by both Chiesi and Amryt Boards of Directors and is anticipated to close by the end of the first half of 2023, subject to the satisfaction of all closing conditions.

Key Points: 
  • The Transaction was unanimously approved by both Chiesi and Amryt Boards of Directors and is anticipated to close by the end of the first half of 2023, subject to the satisfaction of all closing conditions.
  • These accomplishments are a testament to the Amryt team’s commitment and passion for patients that are impacted by rare and orphan diseases.
  • Centerview Partners LLC is serving as exclusive financial advisor and Dechert LLP is serving as legal advisor to Chiesi.
  • Moelis & Company LLC is serving as exclusive financial advisor and Cooley LLP and Gibson Dunn & Crutcher LLP are serving as legal advisors to Amryt.

Andros Capital Partners Closes Second Energy Fund at $750 Million

Retrieved on: 
Thursday, January 5, 2023

Andros Capital Partners LLC (“Andros”) today announced the closing of its second investment fund Andros Energy Capital II LP (“Fund II”) at its $750 million hard cap.

Key Points: 
  • Andros Capital Partners LLC (“Andros”) today announced the closing of its second investment fund Andros Energy Capital II LP (“Fund II”) at its $750 million hard cap.
  • Phillip A. Gayle, Jr. , Founder and Managing Partner of Andros, commented, “We are extremely grateful for the continued support and confidence that our investors and partners have placed in our firm.
  • Gibson Dunn & Crutcher LLP served as legal counsel to Andros in connection with the formation of Fund II.
  • Andros did not engage a placement agent or any outside advisor in connection with the capital raise.

Aurora Capital Partners Backed Grace Hill Acquires Edge2Learn and Ellis Partners in Management Solutions

Retrieved on: 
Tuesday, December 6, 2022

GREENVILLE, S.C., Dec. 6, 2022 /PRNewswire/ -- Grace Hill, an innovator of talent and customer management solutions for commercial and multi-family real estate, announced today that it has acquired Edge2Learn, an e-learning company providing training and policy management solutions in the multifamily industry, and Ellis Partners in Management Solutions ("Ellis"), a provider of mystery shopping and resident and employee survey solutions.  Financial terms of the transaction were not disclosed.

Key Points: 
  • GREENVILLE, S.C., Dec. 6, 2022 /PRNewswire/ -- Grace Hill, an innovator of talent and customer management solutions for commercial and multi-family real estate, announced today that it has acquired Edge2Learn, an e-learning company providing training and policy management solutions in the multifamily industry, and Ellis Partners in Management Solutions ("Ellis"), a provider of mystery shopping and resident and employee survey solutions.
  • "Grace Hill, Edge2Learn and Ellis have established well-deserved reputations as leaders in real estate training and customer feedback," said Joanna Ellis, Co-Founder and Chief Executive Officer of Edge2Learn and Ellis.
  • Today, more than 500,000 real estate professionals from more than 1,700 companies rely on talent performance solutions from Grace Hill.
  • Edge2Learn is an e-learning company whose focus is the Property Management Industry and specializes in property management training and policy management solutions.

Swords to Plowshares Hosts 26th Annual Veterans Day Concert & Reception

Retrieved on: 
Tuesday, November 8, 2022

In addition to contributing more than 1,000 pro bono hours to Swords to Plowshares Veterans Pro Bono Program, the Skadden Foundation has funded three Skadden Fellows whose projects shed light on injustices and barriers for under-served veterans.

Key Points: 
  • In addition to contributing more than 1,000 pro bono hours to Swords to Plowshares Veterans Pro Bono Program, the Skadden Foundation has funded three Skadden Fellows whose projects shed light on injustices and barriers for under-served veterans.
  • This years Profiles of Courage Award will be granted to Swords to Plowshares staff who were former clients of the organization.
  • Swords to Plowshares promotes and protects the rights of veterans through advocacy, public education, and partnerships with local, state and national entities.
  • Learn more about the work of Swords to Plowshares, and ways in which you can help, by visiting our website at Swords to Plowshares (swords-to-plowshares.org)

Phillips 66 Enhances NGL Platform with Wellhead to Market Integration Through Increased Economic Interest in DCP Midstream

Retrieved on: 
Wednesday, August 17, 2022

Phillips 66 increased its economic interest in DCP Midstream from 28.26% to 43.31% and will oversee and manage the joint ventures interest in DCP Midstream, including the General Partner.

Key Points: 
  • Phillips 66 increased its economic interest in DCP Midstream from 28.26% to 43.31% and will oversee and manage the joint ventures interest in DCP Midstream, including the General Partner.
  • DCP is a valued business in our portfolio and enhances our existing value chain from wellhead to market, creating a platform for future NGL growth.
  • Phillips 66 and Enbridge hold their DCP Midstream general and limited partner interests through DCP Midstream, LLC.
  • Gray Oak Holdings, LLC, a joint venture between Phillips 66 and Enbridge, has been merged with and into DCP Midstream, LLC.

MidOcean Partners Acquires Pragmatic Institute, an Industry Leading Provider of Professional Training in Fast Growing Product Management, Data and Digital Design Fields

Retrieved on: 
Monday, July 11, 2022

The Companys training is so highly regarded that Pragmatic training is often stated as a specific skills requirement in product management talent searches.

Key Points: 
  • The Companys training is so highly regarded that Pragmatic training is often stated as a specific skills requirement in product management talent searches.
  • Pragmatic is uniquely positioned to help companies bridge this gap to develop and retain both new and experienced product management talent.
  • We are thrilled to partner with MidOcean to continue driving the Pragmatic growth story, said Philip Alexander, CEO of Pragmatic.
  • Formerly known as Pragmatic Marketing, Pragmatic Institute is one of the worlds largest and most-respected product and data training companies.

Eduardo Gallardo, Preeminent Mergers and Acquisitions Leader, Joins Paul Hastings

Retrieved on: 
Thursday, June 9, 2022

NEW YORK, June 9, 2022 /PRNewswire/ -- Paul Hastings announced today that Eduardo Gallardo, a preeminent M&A and corporate takeover defense lawyer, has joined the firm as Global Co-Chair of Mergers and Acquisitions, where he will focus on advising clients on mergers and acquisitions, takeover defense, shareholder activism, corporate governance and other corporate matters.

Key Points: 
  • NEW YORK, June 9, 2022 /PRNewswire/ --Paul Hastings announced today that Eduardo Gallardo, a preeminent M&A and corporate takeover defense lawyer, has joined the firm as Global Co-Chair of Mergers and Acquisitions, where he will focus on advising clients on mergers and acquisitions, takeover defense, shareholder activism, corporate governance and other corporate matters.
  • "Paul Hastings is experiencing tremendous growth and brand momentum, and has attracted some of the strongest and most dynamic talent in the legal market today," said Gallardo.
  • "I am thrilled to join Paul Hastings at this exciting time and lead the firm's global M&A and corporate takeover defense practices.
  • Alongside the firm's many talented colleagues, I am eager to help transform Paul Hastings into a destination M&A and takeover defense advisory platform."

Andros Capital Partners Launches Mineral Platform With $122 Million Mineral and Royalty Acquisition

Retrieved on: 
Tuesday, June 7, 2022

Andros Capital Partners LLC (Andros) today announced that its affiliate, Andros Minerals LLC (Andros Minerals) has entered into a definitive purchase and sale agreement to acquire a portfolio of mineral and royalty interests located in the Midland Basin, Delaware Basin, and Eagle Ford Shale for $122 million from an undisclosed private seller.

Key Points: 
  • Andros Capital Partners LLC (Andros) today announced that its affiliate, Andros Minerals LLC (Andros Minerals) has entered into a definitive purchase and sale agreement to acquire a portfolio of mineral and royalty interests located in the Midland Basin, Delaware Basin, and Eagle Ford Shale for $122 million from an undisclosed private seller.
  • We are excited to establish Andros Minerals as a direct mineral and royalty acquisition platform with this initial acquisition, said Andros Founder and Managing Partner Phillip A. Gayle, Jr. A tremendous amount of private capital has been invested in minerals over the past decade and is looking for an exit.
  • Andros Capital Partners is a private investment firm based in Houston, Texas.
  • Andros combines flexible, long-duration capital with an opportunistic investment mandate, leveraging a proven track record of building, operating and monetizing assets across the energy value chain.

Jericho Project Gala to Celebrate 39 Years of Fighting Homelessness in NYC

Retrieved on: 
Thursday, May 5, 2022

NEW YORK, May 5, 2022 /PRNewswire-PRWeb/ -- Jericho Project, a nationally-acclaimed nonprofit serving homeless and housing insecure New Yorkers, will present Celebrate! 2022 – 39 Years of Fighting Homelessness in New York City, on Monday, May 16th at the historic Edison Ballroom. In its first in-person gala in two years, Jericho Project will honor supporters of its groundbreaking Veterans Initiative that over 15 years has helped thousands of veterans access housing, employment and wellness services.

Key Points: 
  • NEW YORK, May 5, 2022 /PRNewswire-PRWeb/ -- Jericho Project, a nationally-acclaimed nonprofit serving homeless and housing insecure New Yorkers, will present Celebrate!
  • 2022 39 Years of Fighting Homelessness in New York City, on Monday, May 16th at the historic Edison Ballroom.
  • For more information on how to contribute or attend the gala, see https://jerichoproject.org/get-involved/celebrate-2022-annual-gala/
    About Jericho Project: Jericho Project empowers individuals and families experiencing homelessness or housing insecurity by providing housing and person-centered services to address social inequities.
  • For 39 years, Jericho has provided supportive housing and counseling services to thousands of individuals experiencing chronic homelessness, mental illness and substance abuse.