Month: May 2015

Aberdeen To Acquire FLAG Capital Management, LLC To Boost Global Alternatives Capability And Establish A Strong Alternatives Footprint In The U.S. PR Newswire PHILADELPHIA, May 27, 2015 PHILADELPHIA , May 27, 2015 /PRNewswire/ — Aberdeen Asset Management PLC ( Aberdeen ) is pleased to announce it has entered into an agreement to acquire FLAG Capital Management, LLC (FLAG), a manager of private equity and real asset solutions with offices in Stamford CT , Boston, MA , and Hong Kong . This acquisition is in line with Aberdeen’s strategy to strengthen and grow its global alternatives platform and solutions provision via multi-manager coverage of hedge funds, property and private market allocations, infrastructure investments and pan-alternative capabilities […]

F.N.B. Corporation Enhances Pennsylvania Operations with Acquisition of Five Branches PR Newswire PITTSBURGH, May 27, 2015 PITTSBURGH , May 27, 2015 /PRNewswire/ — F.N.B. Corporation (NYSE: FNB), parent company of First National Bank of Pennsylvania , entered into a purchase and assumption agreement to acquire approximately $280 million in deposits and five branch-banking locations in Pennsylvania from Bank of America, including two branches in Berks County , two branches in Lancaster County and one branch in Chester County . […]

GenNx360 Capital Partners Supports Tooling Technology Holdings’ Acquisition of Majestic Industries Inc. PR Newswire NEW YORK, May 27, 2015 NEW YORK , May 27, 2015 /PRNewswire/ — Tooling Technology Holdings, LLC (“Tooling Tech”), a portfolio company of GenNx360 Capital Partners (“GenNx360”), acquired Majestic Industries Inc. (“Majestic”), a Macomb, Michigan , based manufacturer of progressive and transfer dies, on May 22, 2015 […]

NorthStar Healthcare Acquires 40% Interest in $875 Million Independent Living Portfolio PR Newswire NEW YORK, May 27, 2015 NEW YORK , May 27, 2015 /PRNewswire/ — NorthStar Healthcare Income, Inc. (NorthStar Healthcare), through a joint venture with NorthStar Realty Finance Corp. (NorthStar Realty), announced today the acquisition of an $875 million portfolio of independent living facilities (the Portfolio) from affiliates of Harvest Facility Holdings LP […]

GDR Advisory Group Inc. joins Collins Barrow Toronto Canada NewsWire TORONTO, May 27, 2015 TORONTO , May 27, 2015 /CNW/ – Collins Barrow Toronto is pleased to announce the merger of GDR Advisory Group Inc. […]

Aavid Acquires Qfinsoft Technology PR Newswire BOSTON, May 27, 2015 BOSTON , May 27, 2015 /PRNewswire/ — Aavid Corporation (“Aavid”) announced it has acquired Qfinsoft Technology Inc. (“Qfinsoft”). Based in Rossland, BC , Canada , Qfinsoft specializes in developing software for the simulation of fluid flow, thermodynamics, and combustion processes […]

Jericho Oil Closes on Newest Oklahoma Acquisition PR Newswire VANCOUVER, May 27, 2015 Company acquires acreage and production from Chaparral Energy VANCOUVER , May 27, 2015 /PRNewswire/ – Jericho Oil Corporation (“Jericho” or the “Company”) (TSX-V: JCO; OTCQX: JROOF), a growth-oriented oil company engaged in the acquisition, exploration, development and production of overlooked and undervalued oil properties in the U.S., has signed a purchase and sale agreement to acquire a 50% working interest in producing wells and leaseholds in northeastern Oklahoma for a total cash consideration of $762,500 from Chaparral Energy. The 2,500 acre acquisition represents Jericho’s second in the northeastern Oklahoma region since the beginning of 2015 and brings its total acreage position across Kansas and Oklahoma to over 8,300 acres. […]

Valley National Bancorp to Acquire CNLBancshares, Inc., Strengthening and Expanding Its Franchise in Florida’s Lucrative Urban Markets PR Newswire WAYNE, N.J. and ORLANDO, Fla., May 27, 2015 WAYNE, N.J. […]

Sony to Acquire Optical Archive Inc. Acquisition Marks Sony’s Entry into Data Center Storage Market with Optical Disc Technology PR Newswire NEW YORK, May 27, 2015 NEW YORK , May 27, 2015 /PRNewswire/ — Sony Corporation of America (SCA) today announced that it has acquired Optical Archive Inc. (OAI), a company that specializes in optical storage systems for the data center market […]

Valspar to Acquire the Performance Coatings Businesses from Quest Specialty Chemicals Purchase increases presence in attractive automotive refinish and provides synergies with Valspar’s existing business PR Newswire MINNEAPOLIS, May 27, 2015 MINNEAPOLIS , May 27, 2015 /PRNewswire/ — The Valspar Corporation announced today that it has reached a definitive agreement to acquire the performance coatings businesses of Quest Specialty Chemicals, Inc., which include automotive refinish and industrial coatings. The transaction, which is expected to close in the company’s third fiscal quarter, is subject to customary closing conditions. […]

Hudl Continues Global Growth with Bid to Acquire Sportstec Australian firm holds keys to world-class performance analysis solution PR Newswire LINCOLN, Neb., May 27, 2015 LINCOLN, Neb. , May 27, 2015 /PRNewswire/ — Hudl, the leading sports video platform with more than 3.5 million users worldwide, today announced its plans to acquire Australia -based Sportstec. Sportstec is a pioneer of the performance analysis industry with almost two decades of experience […]

Evercore Announces the Acquisition of Kuna & Co. KG and Appoints Walter Kuna as Senior Managing Director of Evercore Germany PR Newswire LONDON, May 27, 2015 LONDON , May 27, 2015 /PRNewswire/ — Evercore (NYSE: EVR) announced today the acquisition of Kuna & Co. KG, the Frankfurt -based investment banking advisory boutique, and the appointment of Walter Kuna as Senior Managing Director of Evercore’s German advisory business […]

Advisory: Reynolds American and Lorillard receive U.S. FTC clearance for proposed merger and related brand divestitures; await final court approval PR Newswire WINSTON-SALEM, N.C., May 26, 2015 WINSTON-SALEM, N.C. […]