Mergers & Acquisitions

Groundworks Companies Continues to Evolve the Foundation Services Industry with Fourth Acquisition of 2019

Groundworks Companies Continues to Evolve the Foundation Services Industry with Fourth Acquisition of 2019 Today, Groundworks, the nation’s largest foundation services company, announced the acquisition of Ohio Basement Systems. Ohio Basement Systems is the fourth acquisition of 2019 for the industry-leading company and represents the fourteenth acquisition within three years. PR Newswire VIRGINIA BEACH, Va., Sept […]

Stock Analysts

MS, BAC Plan to Further Expand Wealth Management Operations

At the time when banks are facing lower interest rates and global economic concerns, Morgan Stanley MS and Bank of America BAC are turning toward “dull-but-reliable business of managing wealth for companies and employees.” This was reported by Reuters, citing persons familiar with the matter. Both the companies, seeking to expand market share in wealth management businesses, currently provide different employee-benefit services to older, wealthy customers. […]

Stock Analysts

Wells Fargo Hands Over Turnaround Task to BNY Mellon’s CEO

Wells Fargo & Company’s WFC announced the appointment of Charles W. Scharf, chairman and CEO of Bank of New York Mellon BK , as its second CEO post public and political outrage concerning the sales scam in September 2016. The news was taken positively by the Wall Street, as the bank’s shares rose nearly 4% in the last trading day. […]

Mergers & Acquisitions

Gryphon Investors Announces Pending Sale of ECG Management Consultants

Gryphon Investors Announces Pending Sale of ECG Management Consultants PR Newswire SAN FRANCISCO, Sept. 30, 2019 SAN FRANCISCO , Sept. 30, 2019 /PRNewswire/ — Gryphon Investors (“Gryphon”), a San Francisco -based middle-market private equity firm, announced today that it has entered definitive documentation to sell its portfolio company ECG Management Consultants (“ECG” or “the Company”) to Siemens Medical Solutions USA , Inc., a subsidiary of Siemens Healthineers AG. […]

Mergers & Acquisitions

NextEra Energy Partners, LP announces definitive agreement to acquire Meade Pipeline Co LLC

NextEra Energy Partners, LP announces definitive agreement to acquire Meade Pipeline Co LLC – Reaches agreement to acquire long-term contracted natural gas pipeline, further improving already best-in-class growth visibility – Acquisition expected to be financed through combination of committed project finance debt, new convertible equity portfolio financing and existing holding company debt capacity – When combined with previously announced wind repowering and Genesis debt purchase, partnership not expected to need additional acquisitions until 2021 to meet growth objectives PR Newswire JUNO BEACH, Fla., Sept. 30, 2019 JUNO BEACH, Fla. […]

Mergers & Acquisitions

WebMD to Acquire Aptus Health

WebMD to Acquire Aptus Health PR Newswire NEW YORK, Sept. 30, 2019 NEW YORK , Sept. 30, 2019 /PRNewswire/ — WebMD Health Corp., an Internet Brands company and the leader in health information services for consumers, physicians, and other healthcare professionals (HCPs), today announced that it has entered into an agreement to acquire Aptus Health. […]

Mergers & Acquisitions

Warburg Pincus Announces Sale of inexio

Warburg Pincus Announces Sale of inexio PR Newswire BERLIN, Sept. 28, 2019 BERLIN , Sept. 28, 2019 /PRNewswire/ — Warburg Pincus, a leading global private equity firm focused on growth investing, today announced the sale of inexio ( www.inexio.net ), a leading provider of fiber-optic broadband networks in Germany , to EQT Infrastructure. […]