Mergers & Acquisitions

Thoma Bravo to Acquire Majority Interest in LogRhythm

Thoma Bravo to Acquire Majority Interest in LogRhythm Partnership Will Facilitate Accelerated Growth and Continued Innovation in Leading NextGen SIEM and UEBA Offerings PR Newswire SAN FRANCISCO and BOULDER, Colo., May 31, 2018 SAN FRANCISCO and BOULDER, Colo. , May 31, 2018 /PRNewswire/ — Thoma Bravo , a leading private equity investment firm, today announced that it has entered into an agreement to acquire a majority interest in LogRhythm, a leader in next-generation Security Information and Event Management (SIEM) solutions. […]

Mergers & Acquisitions

HomeRiver Group Expands to San Antonio Through Acquisition of Boardwalk Real Property Management

HomeRiver Group Expands to San Antonio Through Acquisition of Boardwalk Real Property Management HomeRiver Continues to Expand its National Footprint PR Newswire SAN ANTONIO, May 31, 2018 SAN ANTONIO , May 31, 2018 /PRNewswire-PRWeb/ — On May 17th, 2018 , HomeRiver Group announced the acquisition of Boardwalk Real Property Management (Boardwalk). Boardwalk will soon be re-branded as HomeRiver San Antonio, but following closing, Boardwalk’s founder Stephen Foster will continue to serve as the designated broker for the division and will assist HomeRiver Group in further acquisitions throughout Texas . […]

Mergers & Acquisitions

Griffin-American Healthcare REIT IV Acquires Medical Office Building Near Detroit

Griffin-American Healthcare REIT IV Acquires Medical Office Building Near Detroit PR Newswire DETROIT, May 31, 2018 DETROIT , May 31, 2018 /PRNewswire/ — American Healthcare Investors and Griffin Capital Company , LLC, the co-sponsors of Griffin-American Healthcare REIT IV , Inc., announced today that the REIT has acquired Southfield Medical Office Building, located in the Detroit suburb of Southfield, Michigan , for $16.2 million . The approximately 85,000-square-foot medical office building was approximately 96 percent leased at the time of acquisition to multiple tenants, including Wayne State University Physician Group, which leases 42 percent of the building, and affiliates of Beaumont Health System, which lease 15 percent of the building. Wayne State University Physician Group, with more than 2,000 doctors and approximately 1 million patients annually, is among the largest non-profit physician groups in Michigan and has professional associations with several of the region’s leading health systems, including Beaumont Health System, Detroit Medical Center, Henry Ford Health System and St. […]

Mergers & Acquisitions

TRADER Makes Strategic Investment in DealerBreacher

TRADER Makes Strategic Investment in DealerBreacher Canada NewsWire TORONTO, May 31, 2018 Investment in Montreal -based digital advertising company, DealerBreacher, becomes part of several TRADER services and solutions intended to help automotive dealerships to grow and succeed TORONTO , May 31, 2018 /CNW/ – TRADER Corporation is pleased to announce a strategic investment in DealerBreacher, a leading digital advertising services company based in Montreal . This investment continues TRADER’s commitment to offer dealers premium solutions designed specifically for the Canadian market that solve dealers’ business needs and drive results. With rapid growth in the Quebec market, DealerBreacher has differentiated itself by providing tailored digital advertising solutions for Canadian automotive dealers, backed by unique business intelligence technology. […]

Mergers & Acquisitions

JLL arranges financing, completes sale for New York’s iconic 5 Bryant Park

JLL arranges financing, completes sale for New York’s iconic 5 Bryant Park JLL secures financing for Savanna, represents Blackstone in sale PR Newswire NEW YORK, May 31, 2018 NEW YORK , May 31, 2018 /PRNewswire/ — JLL’s Capital Markets experts today announced the firm completed the financing of Midtown Manhattan’s 5 Bryant Park office tower. JLL secured $463 million in acquisition financing on behalf of the buyer, New York -based Savanna. […]

Mergers & Acquisitions

Investor Group Completes Acquisition of Talcott Resolution from The Hartford

Investor Group Completes Acquisition of Talcott Resolution from The Hartford Talcott Resolution Becomes an Independent Stand-Alone Insurance Company PR Newswire WINDSOR, Conn., May 31, 2018 WINDSOR, Conn. , May 31, 2018 /PRNewswire/ — Talcott Resolution (the “Company”), The Hartford’s run-off life and annuity businesses, announced today the completion of the Company’s acquisition by an investor group led by Cornell Capital LLC, Atlas Merchant Capital LLC, TRB Advisors LP, Global Atlantic Financial Group, Pine Brook and J. […]

Stock Analysts

Dollar General (DG) Q1 Earnings & Revenues Miss, Stock Down

Shares of Dollar General Corporation DG are down roughly 6% during pre-market trading hours, following the company’s soft start to fiscal 2018. This discount retailer posted lower-than-expected first-quarter results, wherein top line missed the Zacks Consensus Estimate for the second quarter in row. […]

Stock Analysts

York Water Files for Rate Hike to Recover Capital Expenses

York Water Company YORW filed an application with the Pennsylvania Public Utility Commission (PPUC) to increase base water rates in its services areas. Through this rate increase filing, the company intends to recoup the capital investment made since the rate filing in 2013 as well as for the planned investment till Feb 2020. The rate approved in 2014 raised the company’s annual revenues by $5 million […]

Stock Analysts

AGCO Partners with AgIntegrated to Aid Precision Agriculture

AGCO Corporation AGCO has entered into a development partnership with AgIntegrated. This partnership will aid the company deliver agricultural information management systems services to its customers, enabling them to connect more easily with their agronomy service providers, create seamless data connectivity, and digitize the farm. Agricultural technology company, AgIntegrated has experience in the precision agriculture space for around 15 years. […]

Stock Analysts

California Water Service Files to Drop Rates, Shares Benefit

California Water Service CWT submitted a filing with the California Public Utilities Commission (“CPUC”) to lower the water rates charged to its customers. Through this rate decrease, the company aims to pass on the benefits derived from the federal tax laws, and CPUC-authorized capital equity and debt-financing costs. […]