Dubilier

Focus Financial Partners Appoints Michael Nathanson as Chief Executive Officer

Retrieved on: 
星期二, 四月 30, 2024
Legal, Insurance, Finance, Asset Management, Consulting, Banking, Accounting, Professional Services, Clayton, Dubilier & Rice, Interim, Marsh McLennan, Dubilier, Partnership, History, Management

Focus Financial Partners Inc. (“Focus”), a leading partnership of fiduciary wealth management and related financial services firms, announced that Michael Nathanson, President of Focus, has been appointed the Company’s Chief Executive Officer, effective immediately.

Key Points: 
  • Focus Financial Partners Inc. (“Focus”), a leading partnership of fiduciary wealth management and related financial services firms, announced that Michael Nathanson, President of Focus, has been appointed the Company’s Chief Executive Officer, effective immediately.
  • Dan Glaser, Chairman of Focus’ Board of Directors and Operating Partner at Focus’ majority investment partner, Clayton, Dubilier & Rice (“CD&R”), who had been serving as Interim CEO, has been named Executive Chairman.
  • These pivotal leadership appointments represent an important pillar of Focus’ continued evolution as a firm.
  • In his role as Executive Chairman, Mr. Glaser will remain involved in Focus’ business and setting its strategic direction.

Elevance Health and Clayton, Dubilier & Rice Sign Agreement to Launch Strategic Partnership to Advance Primary Care Delivery

Retrieved on: 
星期一, 四月 15, 2024
General Health, Health, Health Insurance, MPG, Clayton, Dubilier & Rice, Commercial, Elevance Health, Partnership, ELV, Medicare, Dubilier, CD&R, Nursing

Elevance Health, Inc. (NYSE: ELV) and Clayton, Dubilier & Rice (CD&R) announced an agreement to form a strategic partnership to accelerate innovation in primary care delivery, enhance the healthcare experience, and improve health outcomes.

Key Points: 
  • Elevance Health, Inc. (NYSE: ELV) and Clayton, Dubilier & Rice (CD&R) announced an agreement to form a strategic partnership to accelerate innovation in primary care delivery, enhance the healthcare experience, and improve health outcomes.
  • “CD&R’s collaboration with Elevance Health is an important step in our ongoing investment focus to accelerate innovation in care delivery across the country,” said Clay Richards, CD&R Operating Partner.
  • The foundation of the new advanced primary care offering will be stronger patient-provider relationships supported by data-driven insights, care coordination and referral management, and integrated health coaching.
  • apree health, Carelon Health, and MPG offer unique strengths that together promise to improve individuals’ health and wellbeing, while helping care providers deliver higher quality care.

Resideo to Acquire Snap One to Expand Presence in Smart Living Products and Distribution

Retrieved on: 
星期一, 四月 15, 2024
Clayton, Dubilier & Rice, LLP, J.P. Morgan & Co., Investment, Morgan Stanley, Omnichannel, Software, Hand, Webcast, Bank of America, Simpson Thacher & Bartlett, Willkie Farr & Gallagher, Control4, Bank, Acquisition, EPS, Adjustment, ID, ADI, Dubilier, ADI Global Distribution, CD&R, Interest

The transaction will combine ADI's strong position in security products distribution and Snap One's complementary capabilities in the smart living market and innovative Control4 technology platforms, which is expected to drive increased value for integrators and financial returns.

Key Points: 
  • The transaction will combine ADI's strong position in security products distribution and Snap One's complementary capabilities in the smart living market and innovative Control4 technology platforms, which is expected to drive increased value for integrators and financial returns.
  • Demand for connected technology products continues to grow, and Resideo is the right owner to drive our expansion.
  • A Strong Position Across Multiple Attractive Categories: The acquisition will combine Snap One's capabilities for smart living integrators with ADI's complementary position in adjacent security products distribution.
  • Snap One generated 66% of sales from proprietary products in 2023 and these offerings typically carry significantly higher gross margin than third-party products.

2024 Harvard Business School New Venture Competition: Uniting Cutting Edge Ideas, Innovative Ventures, and Talented Alumni and Students

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星期五, 三月 29, 2024
HubSpot, Uncertainty, Climate change, Organization, Farmer, Learning, Mentorship, NVC, Harvard Innovation Labs, Partnership, MassChallenge, Complex, Accounting, Entrepreneurship, Patient, BEAM, Artificial intelligence, AI, HBS, Wix, Faculty, Student, MBA, Clayton, Dubilier & Rice, Sacerdote, Dubilier, Cosmetics, Social change, School, Management

The NVC is open to all students and alumni interested in launching new business and social impact ventures.

Key Points: 
  • The NVC is open to all students and alumni interested in launching new business and social impact ventures.
  • The School's Arthur Rock Center for Entrepreneurship and Social Enterprise Initiative (SEI), in partnership with HBS Alumni Clubs & Associations , host the annual competition.
  • Students engage in collaborative efforts with peers and receive pragmatic feedback from a deep bench of serial entrepreneurs and early-stage investors.
  • Peter M. Sacerdote $25,000 Runner Up Prize:
    A tool built by the trans community that addresses clinicians' barriers around learning and advocacy.

FILING DEADLINE--Kuznicki Law PLLC Announces Class Action on Behalf of Shareholders of Focus Financial Partners Inc. - FOCS

Retrieved on: 
星期四, 二月 29, 2024
Clayton, Dubilier & Rice, Acquisition, FOCS, Mergers and acquisitions, Dubilier, Person

Shareholders have until March 4, 2024 to file lead plaintiff applications in the securities class action lawsuit.

Key Points: 
  • Shareholders have until March 4, 2024 to file lead plaintiff applications in the securities class action lawsuit.
  • Kuznicki Law PLLC is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship.
  • The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a Company lead to artificial inflation of the Company's stock.
  • Prior results do not guarantee similar outcomes.

FOCUS FINANCIAL SHAREHOLDER ALERT: CLAIMSFILER REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Focus Financial Partners Inc. - FOCS

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星期三, 二月 28, 2024
Acquisition, Dubilier, Person, Lawyer, District court, Clayton, Dubilier & Rice, FOCS, Mergers and acquisitions, FREE

NEW ORLEANS, Feb. 27, 2024 (GLOBE NEWSWIRE) -- ClaimsFiler, a FREE shareholder information service, reminds investors that they have until March 4, 2024 to file lead plaintiff applications in a securities class action lawsuit against Focus Financial Partners Inc. (NasdaqGS: FOCS), if they (1) sold shares of Focus Financial common stock from February 27, 2023 through the closing of the “take-private” acquisition of Focus Financial by Clayton, Dubilier & Rice, LLC (“CD&R”) on August 31, 2023 (the “Merger”), including investors who sold their shares of Focus Financial common stock into the Merger, and (2) all persons or entities that held Focus Financial common stock on the June 9, 2023 record date for the Merger who were entitled to vote on the Merger.

Key Points: 
  • NEW ORLEANS, Feb. 27, 2024 (GLOBE NEWSWIRE) -- ClaimsFiler, a FREE shareholder information service, reminds investors that they have until March 4, 2024 to file lead plaintiff applications in a securities class action lawsuit against Focus Financial Partners Inc. (NasdaqGS: FOCS), if they (1) sold shares of Focus Financial common stock from February 27, 2023 through the closing of the “take-private” acquisition of Focus Financial by Clayton, Dubilier & Rice, LLC (“CD&R”) on August 31, 2023 (the “Merger”), including investors who sold their shares of Focus Financial common stock into the Merger, and (2) all persons or entities that held Focus Financial common stock on the June 9, 2023 record date for the Merger who were entitled to vote on the Merger.
  • This action is pending in the United States District Court for the District of Delaware.
  • Focus Financial investors should visit us at https://claimsfiler.com/cases/nasdaq-focs/ or call toll-free (844) 367-9658.
  • Lawyers at Kahn Swick & Foti, LLC are available to discuss your legal options.

FILING DEADLINE--Kuznicki Law PLLC Announces Class Action on Behalf of Shareholders of Focus Financial Partners Inc. - FOCS

Retrieved on: 
星期四, 二月 22, 2024
Clayton, Dubilier & Rice, Acquisition, FOCS, Mergers and acquisitions, Dubilier, Person

Shareholders have until March 4, 2024 to file lead plaintiff applications in the securities class action lawsuit.

Key Points: 
  • Shareholders have until March 4, 2024 to file lead plaintiff applications in the securities class action lawsuit.
  • Kuznicki Law PLLC is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship.
  • The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a Company lead to artificial inflation of the Company's stock.
  • Prior results do not guarantee similar outcomes.

FOCUS FINANCIAL SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Focus Financial Partners Inc. - FOCS

Retrieved on: 
星期三, 二月 21, 2024
Acquisition, Court, Dubilier, Person, KSF, District court, Clayton, Dubilier & Rice, FOCS, Mergers and acquisitions

NEW ORLEANS, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until March 4, 2024 to file lead plaintiff applications in a securities class action lawsuit against Focus Financial Partners Inc. (NasdaqGS: FOCS), if they (1) sold shares of Focus Financial common stock from February 27, 2023 through the closing of the “take-private” acquisition of Focus Financial by Clayton, Dubilier & Rice, LLC (“CD&R”) on August 31, 2023 (the “Merger”), including investors who sold their shares of Focus Financial common stock into the Merger, and (2) all persons or entities that held Focus Financial common stock on the June 9, 2023 record date for the Merger who were entitled to vote on the Merger.

Key Points: 
  • NEW ORLEANS, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until March 4, 2024 to file lead plaintiff applications in a securities class action lawsuit against Focus Financial Partners Inc. (NasdaqGS: FOCS), if they (1) sold shares of Focus Financial common stock from February 27, 2023 through the closing of the “take-private” acquisition of Focus Financial by Clayton, Dubilier & Rice, LLC (“CD&R”) on August 31, 2023 (the “Merger”), including investors who sold their shares of Focus Financial common stock into the Merger, and (2) all persons or entities that held Focus Financial common stock on the June 9, 2023 record date for the Merger who were entitled to vote on the Merger.
  • This action is pending in the United States District Court for the District of Delaware.
  • If you sold or held shares of Focus Financial as above and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email ([email protected]), or visit https://www.ksfcounsel.com/cases/nasdaqgs-focs/ to learn more.
  • If you wish to serve as a lead plaintiff in this class action, you must petition the Court by March 4, 2024.

FOCUS FINANCIAL 72 HOUR DEADLINE ALERT: Former Louisiana Attorney General and Kahn Swick & Foti, LLC Remind Investors With Losses in Excess of $100,000 of Deadline in Class Action Lawsuit Against Focus Financial Partners Inc. - FOCS

Retrieved on: 
星期六, 三月 2, 2024
Class Action Lawsuit, Professional Services, Legal, Acquisition, Court, Dubilier, Person, KSF, Nature, District court, Clayton, Dubilier & Rice, FOCS, Mergers and acquisitions, Special warfare combatant-craft crewmen, Security (finance)

This action is pending in the United States District Court for the District of Delaware.

Key Points: 
  • This action is pending in the United States District Court for the District of Delaware.
  • The stockholder vote on the Merger was held on July 14, 2023, and the transaction was completed on August 31, 2023.
  • The case is AltShares Event-Driven ETF v. Focus Financial Partners, Inc., No.
  • About Kahn Swick & Foti, LLC
    KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation’s premier boutique securities litigation law firms.

Beacon Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
星期二, 二月 27, 2024
Other Construction & Property, Architecture, Commercial Building & Real Estate, Construction & Property, Acquisition, Beacon, Dubilier, Share repurchase, Growth, Calendar, Adjustment, Clayton, Dubilier & Rice, GAAP, Classification, Hand, EPS, Bank

Net sales increased 16.8% compared to the prior year to $2.30 billion, a Company record for fourth quarter net sales.

Key Points: 
  • Net sales increased 16.8% compared to the prior year to $2.30 billion, a Company record for fourth quarter net sales.
  • Fourth quarter results compared to the prior year period were driven by higher net sales.
  • In the fourth quarter of 2023, the Company repurchased and retired $11.0 million of its common stock through open market repurchases.
  • During the fourth quarter of 2023, we revised our definition of when a branch classification changes from acquired to existing.