Nutter McClennen & Fish

Cape Cod 5 and Fidelity Bank Formalize Strategic Partnership Under Mutual Bancorp

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星期二, 四月 2, 2024
Health, Culture, Partnership, Nutter McClennen & Fish, LLP, Fidelity Bank, Vineyard

, April 2, 2024 /PRNewswire/ -- Mutual Bancorp, the parent company of Cape Cod 5 headquartered in Hyannis, MA, announced that it has officially completed the planned merger with Fidelity Mutual Holding Company, the parent company of Fidelity Bank headquartered in Leominster, MA.

Key Points: 
  • , April 2, 2024 /PRNewswire/ -- Mutual Bancorp, the parent company of Cape Cod 5 headquartered in Hyannis, MA, announced that it has officially completed the planned merger with Fidelity Mutual Holding Company, the parent company of Fidelity Bank headquartered in Leominster, MA.
  • "We are pleased to have completed the merger between our respective holding companies, as Cape Cod 5 and Fidelity Bank partner together under Mutual Bancorp," said Matt Burke, Chairman & CEO of Mutual Bancorp and Cape Cod 5.
  • Goodwin Proctor LLP served as legal counsel to Mutual Bancorp and Nutter McClennen & Fish LLP served as legal counsel to Fidelity Bank MHC.
  • To read more about Mutual Bancorp and the partnership between Cape Cod 5 and Fidelity Bank, visit www.mutualbancorpmhc.com .

Eastern Bankshares, Inc. Announces Agreement to Sell the Insurance Operations of Eastern Insurance Group, LLC to Arthur J. Gallagher & Co. and Enters Into Definitive Agreement to Merge with Cambridge Bancorp

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星期二, 九月 19, 2023
Banking, Professional Services, Insurance, Finance, LLP, Nutter McClennen & Fish, Corus Bankshares, Life, Telephone, River, BofA Securities, J.P. Morgan & Co., Sale, Arthur J. Gallagher & Co., EBC, AUMA, Webcast, Growth, NYSE, CATC, Security (finance), Financial services, Management, Pension fund, Retail, Online shopping, Financial adviser, Eastern Bank

Upon closing, Denis Sheahan, Chairman, President and CEO of Cambridge, will become the CEO of Eastern and will join Eastern’s Board of Directors.

Key Points: 
  • Upon closing, Denis Sheahan, Chairman, President and CEO of Cambridge, will become the CEO of Eastern and will join Eastern’s Board of Directors.
  • Sale of Eastern Insurance Group, LLC
    Also today, Eastern announced that Eastern Insurance has entered into a definitive agreement to sell its insurance operations to Arthur J. Gallagher & Co., for approximately $510 million in cash consideration.
  • In connection with the sale, current leadership and employees of Eastern Insurance are expected to join Gallagher.
  • Regarding the Eastern Insurance transaction, Piper Sandler & Co. served as financial advisor and Nutter McClennen & Fish LLP provided legal counsel to Eastern.

Parent Companies of Cape Cod 5 and Fidelity Bank Agree to Combine Under One Holding Company

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星期四, 九月 21, 2023
LLP, Nutter McClennen & Fish, Vice, Partnership, Nonprofit organization, Trust, Fidelity Bank, Organization, Name, Growth, U.S. Bank Center (Milwaukee), Financial adviser

HYANNIS, Mass. and LEOMINSTER, Mass., Sept. 21, 2023 /PRNewswire/ -- Cape Cod 5, headquartered in Hyannis, MA, and Fidelity Bank, headquartered in Leominster, MA, today announced that they have reached an agreement to merge their respective mutual holding companies under one multi-bank holding company, Mutual Bancorp, subject to regulatory approval. Both banks will continue to operate independently as two separate financial institutions maintaining their respective names and brands, while continuing their missions and service to their clients and communities.

Key Points: 
  • and LEOMINSTER, Mass., Sept. 21, 2023 /PRNewswire/ -- Cape Cod 5, headquartered in Hyannis, MA, and Fidelity Bank, headquartered in Leominster, MA, today announced that they have reached an agreement to merge their respective mutual holding companies under one multi-bank holding company, Mutual Bancorp, subject to regulatory approval.
  • This mutually beneficial partnership of two financially strong and secure institutions under a multi-bank holding company structure will enhance the capabilities of each organization.
  • "Fidelity Bank and Cape Cod 5 are both long-standing institutions with very similar cultures and values.
  • Chairman and CEO of Fidelity Bank, Edward F. Manzi, Jr. stated, "We are so excited to partner with such a like-minded institution as Cape Cod 5.

LMP Supports Definiti’s Next Chapter of Growth with New Majority Investment

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星期四, 二月 2, 2023
Professional Services, Business, Insurance, Human Resources, Finance, Consulting, Organization, Generally Accepted Recordkeeping Principles, Investment, Lovell Minnick Partners, Retirement, Consultant, Acquisition, Ecosystem, Nutter McClennen & Fish, Growth, LMP, History, ERISA, Financial adviser, Defined benefit pension plan

Definiti is a national retirement services firm that supports more than 8,000 workplace organizations and 10,000 retirement plans across the US.

Key Points: 
  • Definiti is a national retirement services firm that supports more than 8,000 workplace organizations and 10,000 retirement plans across the US.
  • This investment will enable Definiti to accelerate investments in client service, technology, innovation, and talent.
  • LMP supports Definiti’s plans to advance its client offerings and organic growth initiatives while continuing its highly successful acquisition strategy.
  • Goodwin Procter served as legal advisor to LMP, and Nutter, McClennen & Fish LLP served as legal advisor to Definiti.

NCLA Challenges Modern Star Chamber Proceedings at Public Company Accounting Oversight Board

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星期五, 一月 20, 2023
Congress, Security (finance), Seventh Amendment to the United States Constitution, Lucia v. Securities and Exchange Commission, Free Enterprise Fund v. Public Company Accounting Oversight Board, District court, Fifth Amendment, Government, NCLA, Appropriation, Due Process Clause, Nutter McClennen & Fish, Assistant, Douglas v. U.S. District Court ex rel Talk America, FINRA, Sarbanes–Oxley Act, Constitution, Seventh, Court, PCAOB, Financial Industry Regulatory Authority, Supreme court, Sarbanes, Appointments Clause

Plaintiff John Doe (a pseudonym used to protect his anonymity) seeks to stop PCAOB from continuing its unlawful and unconstitutional disciplinary proceedings.

Key Points: 
  • Plaintiff John Doe (a pseudonym used to protect his anonymity) seeks to stop PCAOB from continuing its unlawful and unconstitutional disciplinary proceedings.
  • These potential penalty amounts are 20 times higher for firms than penalties the Securities and Exchange Commission (SEC) may impose.
  • Increasingly, Congress outsources vast governmental powers to private actors who are not elected by the citizenry nor appointed by the President.
  • The Sarbanes-Oxley Act created this uniquely extra-constitutional machinery 20 years ago, and it’s past time for the courts to shut it down.”

Cornerstone Research Announces Kristin Leary as Chief Talent Officer

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星期三, 十月 26, 2022
Slate, Nutter, Growth, Specialization, Nutter McClennen & Fish, Cornerstone Research, Skadden, Certification, Columbia University, Learning, Research, Fried, Frank, Harris, Shriver & Jacobson, Silicon, Fried, Kristin, Leadership, Creative industries, Management, Boston College

BOSTON, Oct. 26, 2022 /PRNewswire-PRWeb/ -- Cornerstone Research, a leading provider of economic and financial consulting and expert testimony, is pleased to announce that Kristin Leary has joined the firm as chief talent officer. Leary will be based in the firm's Boston office.

Key Points: 
  • BOSTON, Oct. 26, 2022 /PRNewswire-PRWeb/ -- Cornerstone Research, a leading provider of economic and financial consulting and expert testimony, is pleased to announce that Kristin Leary has joined the firm as chief talent officer.
  • Leary brings more than 25 years of experience in the talent management and learning and development fields.
  • "With her extensive experience in talent management and organizational effectiveness, Kristin will expand our ability to attract and retain best-in-class professionals to support our clients," Cornerstone Research Chief Operating Officer Gregory L. Negus said.
  • Most recently, Leary served as the chief talent and equity officer at Nutter McClennen & Fish LLP.

Clearlake Capital and Sam Soni Acquire Ticket Evolution through VictoryLive Platform

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星期三, 十月 12, 2022
CA, Sidley Austin, Evolution, Growth, Software as a service, Nutter McClennen & Fish, Intelligence, Entrepreneurship, NFL, Investment, Partnership, Technology, Sport, Partner (business rank), Company, Acquisition, Industry, Founder, CEO, NCAA, Solution, Online shopping

ATLANTA and SANTA MONICA, Calif., Oct. 12, 2022 /PRNewswire/ -- Clearlake Capital Group, L.P. (together with its affiliates, "Clearlake") and Clearlake operating advisor Sam Soni announced today the acquisition of Ticket Evolution Inc. ("Ticket Evolution" or the "Company"), an end-to-end software provider for the event ticketing industry. The acquisition was completed through Victory Live, Inc. ("VictoryLive"), an event management and ticketing technology platform backed by Clearlake and Mr. Soni, who is a pioneer and leader in the multi-billion-dollar premium ticket and sports hospitality event industry. Financial terms of the transaction were not disclosed.

Key Points: 
  • ATLANTA and SANTA MONICA, Calif., Oct. 12, 2022 /PRNewswire/ -- Clearlake Capital Group, L.P. (together with its affiliates, "Clearlake") and Clearlake operating advisor Sam Soni announced today the acquisition of Ticket Evolution Inc. ("Ticket Evolution" or the "Company"), an end-to-end software provider for the event ticketing industry.
  • The Company's offerings include both a full-service and an automated SaaS platform providing operational needs to ticket distributors, including ticket fulfillment and delivery.
  • Together with Ticket Evolution, the VictoryLive platform will offer solutions for both rightsholders and professional ticket resellers, with a full technology stack to address a range of customer needs.
  • "Sam's relationships with rightsholders and resellers combined with Clearlake's access to capital and sector expertise provide levers to drive accelerated growth at Ticket Evolution," said Curtis Cheng, CEO of Ticket Evolution.

Regions Bank Strengthens Real Estate Capital Markets Capabilities with the Addition of Industry Veteran Kelly Henderson

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星期一, 九月 26, 2022
Banking, Asset Management, Professional Services, Finance, HUD, Fannie Mae, Specialization, State University of New York at Geneseo, RF, NYSE, Law, Nutter McClennen & Fish, New England School of Communications, Regions Financial Corporation, National Association of Affordable Housing Lenders, Industry, WNC, Investment, Bank, Southern New England School of Law, Geneseo, State university system, Equal housing lender, LIHTC, Housing, FDIC, Nutter, Multimedia, Property management, Real estate, Science, Jefferies Financial Group

Regions Bank on Monday announced Kelly Henderson has joined the companys Real Estate Capital Markets division and will serve as syndications lead for Regions Affordable Housing group.

Key Points: 
  • Regions Bank on Monday announced Kelly Henderson has joined the companys Real Estate Capital Markets division and will serve as syndications lead for Regions Affordable Housing group.
  • View the full release here: https://www.businesswire.com/news/home/20220926005172/en/
    Kelly Henderson - Henderson to serve as syndications lead for Regions Affordable Housings distribution business.
  • Real Estate Capital Markets is a strategic focus area for Regions, and were delighted to add Kellys depth of experience and knowledge to our capabilities, Burckin said.
  • Regions Bank is one of the nations largest participants in affordable housing finance through the LIHTC program, providing comprehensive real estate banking and capital markets services to meet the debt and equity capital needs of developers and investors.

Envestnet Announces Acquisition of Redi2 Technologies, Creating the Industry Leading Revenue & Billing Management Platform

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星期三, 七月 6, 2022
Acquisition, CEO, Nutter McClennen & Fish, TAMP, Technology, LLP, RIAS, Intelligence, Broker-dealer, COO, Ecosystem, Industry, Tamaulipas, Software as a service, Compliance, Contract, NYSE, Software, Busy line interrupt, RIA, Solution, Financial technology, Family, Multimedia, Financial adviser, Financial services, Property management, Accounting, Envestnet

BERWYN, Pa., July 6, 2022 /PRNewswire/ -- Envestnet announced today that it has acquired Redi2 Technologies, Inc. (Redi2), a leading provider of revenue management and hosted fee-billing solutions in the global financial services industry. The deal creates more connections across the Envestnet financial wellness ecosystem for asset managers, wealth managers, and registered investment advisors (RIAs).

Key Points: 
  • The deal creates more connections across the Envestnet financial wellness ecosystem for asset managers, wealth managers, and registered investment advisors (RIAs).
  • "With Redi2's solutions, we become the industry leading provider of revenue and billing tools needed by all industry constituentsincluding advisors, wealth firms, and asset managers.
  • This acquisition enhances our strategic enablement of service and data, and over the next two years will create operating leverage by bringing Envestnet and Redi2's administrative, revenue, and billing services together."
  • BillFin:Offers advisory billing and invoicing, including fee-splitting and flexible billing setup functionalities, for financial advisors such as RIAs, wealth managers, and financial planners.

Aimee Bryant Joins Fiduciary Trust as VP and Trust Counsel

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星期四, 六月 2, 2022
Banking, Legal, Professional Services, Finance, International Association, Investment, Multimedia, Nutter McClennen & Fish, Fiduciary Trust Company, Boston Bar, British Columbia, Nutter, Trust, JD, Bryant, Real estate

Fiduciary Trust Company (Fiduciary), a Boston-based private wealth management firm, is pleased to announce the hiring of Aimee Fukuchi Bryant, JD , as Vice President and Trust Counsel.

Key Points: 
  • Fiduciary Trust Company (Fiduciary), a Boston-based private wealth management firm, is pleased to announce the hiring of Aimee Fukuchi Bryant, JD , as Vice President and Trust Counsel.
  • As a member of Fiduciarys Trust & Estates Legal Team, Bryant will work with Fiduciarys investment officers to assist clients with estate planning, wealth transfer and charitable giving strategies, as well as on Fiduciarys estate settlement and family trust administration matters.
  • View the full release here: https://www.businesswire.com/news/home/20220602005147/en/
    Aimee Bryant, Vice President and Trust Counsel at Fiduciary Trust Company (Photo: Business Wire)
    Aimees extensive estate planning and trust experience will further expand our teams capabilities, said Nair.
  • Prior to joining Fiduciary, Bryant was a partner in the Private Client Group at Nutter McClennen & Fish LLP, where she began her legal career.