The TRADE

DECEMBER 1, 2023

Commodities specialist Marex has completed its acquisition of TD Cowen’s outsourced trading and prime brokerage business, first announced in September. Rosen and Seibald have been with the business since its inception in the ’90s, selling it to Cowen in 2015. TD Bank Group then agreed to acquire Cowen in August 2022.

Trading 89

Trading Business Acquisitions Capital Market 89

TechCrunch: M&A

AUGUST 22, 2023

Following rumors that it was exploring the sale of its weather business as part of a move to streamline operations, IBM says that it’s found a buyer for The Weather Company, the weather forecasting and information company it acquired in 2015.

Media 232

Media Business IT Portfolio 232

Shearman & Sterling

JULY 17, 2024

Cook of the Delaware Court of Chancery granted a motion to dismiss a putative stockholder class action asserting breach of fiduciary duty claims against the officers and directors of a software company (the "Corporation") after its acquisition. In re Anaplan, Inc. Stockholders Litigation, C.A. 2022-1073-NAC (Del. June 21, 2024).

Acquisitions 52

Acquisitions Mergers and Acquisitions Negotiation Corporation 52

The TRADE

FEBRUARY 27, 2024

The deal will further bolster FIS’ capital markets technology offering, having acquired SunGard in a major deal back in 2015. The firm has also made waves through a number of other bolt-on acquisitions and landmark mandates. A spokesperson for FIS said the firm does not comment on market rumour or speculation.

Trading 111

Trading Capital Market Asset Management Capital 111

Global Newswire by Notified: M&A

JULY 25, 2024

(NASDAQ: CTRM), (“Castor” or the “Company”), a diversified global shipping company, announces that on July 16, 2024, it entered, through a separate wholly-owned subsidiary, into an agreement to acquire a 2015-built Ultramax dry bulk carrier vessel from an unaffiliated third-party, for a purchase price of $25.5 million.

IT 49

IT Acquisitions 49

How2Exit

MAY 20, 2024

Since 2015, he has been offering consultancy services, assisting clients with transaction analysis for buying or preparing to sell their businesses. This conversation dives deep into the precarious practice of over-leveraging in business acquisitions and the perils it presents for entrepreneurs.

Business 130

Business Book-building Equities Acquisitions 130

How2Exit

SEPTEMBER 11, 2023

From training, then funding, and post-acquisition support rn _ rn About The Guest(s): Trish Higgins is a partner at Chinmark Holdings, a family-run business that specializes in acquiring and managing small to medium-sized businesses. rn In 2015, they made their first acquisition, despite having no prior experience in M&A.

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Mergers and Acquisitions Business M&A Portfolio 130

The TRADE

DECEMBER 4, 2023

Green joins from Fidelity Information Service (FIS), where he served as managing director, derivatives utility for the past eight years, following the firm’s acquisition of SunGard in 2015. He also previously served as executive vice president and head of strategy, post-trade derivatives and securities at FIS.

Trading 115

Trading Utilities Sale Business 115

The M&A Lawyer

OCTOBER 26, 2015

That’s why, in recent years, we’ve seen more and more private equity firms create a post-acquisition value for their portfolio companies. In fact, 90% of the buyouts GF Data tracks included a post-management solution or continuity in 2015, much higher than in previous years. It seems they’re doing just that. Less is More.

Private Equity 130

Private Equity Equities Valuation Management 130

The Guardian: Mergers & Acquisitions

MAY 15, 2023

The potential sale comes after the group – whose five resorts in the UK and one in Ireland are known for their tropical-themed indoor pools, spas and activities for kids and their sometimes eye-watering fees – bounced back to a profit after being forced to close outlets under pandemic restrictions.

Private Equity 75

Private Equity IT Sale Equities 75

Shearman & Sterling

NOVEMBER 27, 2018

the "Company") against former members of its board of directors in connection with the take-private acquisition of the Company by a private equity buyer group in June 2017. 2015)—because a majority of stockholders tendered their shares—and that dismissal was also required because of an exculpatory charter provision pursuant to 8 Del.

Acquisitions 52

Acquisitions Private Equity Sale Equities 52

How2Exit

MAY 8, 2023

Ron Concept 1: Explore Business Acquisitions and Mergers Business acquisitions and mergers are an increasingly popular way for entrepreneurs to grow their businesses and increase their profits. Acquisitions and mergers allow businesses to expand into new markets, increase their customer base, and take advantage of economies of scale.

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Mergers and Acquisitions Profitability Mergers Business 130

Benchmark International

JUNE 12, 2023

EFS Global's 23rd acquisition since 2015, the transaction further consolidates the group’s position in the South East after it purchased sister companies Eminence Transport Ltd and Floryn Ltd last year. EFS Global provides warehousing, haulage, customs clearances, vehicle maintenance and logistics services across the UK and worldwide.

Transportation 52

Transportation Acquisitions Capital Shares 52

Shearman & Sterling

JUNE 16, 2017

. ("Charter") regarding share issuances to, and a voting proxy agreement with, its largest stockholder, Liberty Broadband Corporation ("Liberty"), in connection with Charter's recent acquisition of Bright House Networks, LLC ("Bright House") and merger with Time Warner Cable ("TWC") (the "Acquisitions").

Mergers and Acquisitions 52

Mergers and Acquisitions Shares Acquisitions Corporation 52

Shearman & Sterling

APRIL 3, 2018

. ("Tesla") asserting that its directors breached their fiduciary duties in connection with its acquisition of SolarCity. Plaintiffs claimed the acquisition was an effort to rescue a distressed SolarCity to the detriment of Tesla stockholders, allegedly at the direction of Elon Musk, Tesla's Chairman and CEO, who held 22.1%

Acquisitions 52

Acquisitions Stock IT 52

Shearman & Sterling

JULY 18, 2017

2015) and In re Volcano Corp. § 251(h). Berkman, C.A. 12844-VCMR (Del. July 13, 2017). Relying on Corwin v. KKR Financial Holdings LLC, 125 A.3d 3d 304 (Del. Stockholder Litigation, 143 A.3d 3d 727 (Del.

Mergers 52

Mergers Mergers and Acquisitions Corporation Acquisitions 52

Shearman & Sterling

OCTOBER 3, 2017

On September 28, 2017, Vice Chancellor Sam Glasscock III of the Delaware Court of Chancery dismissed stockholder class claims for breach of fiduciary duty brought against the former directors of The Fresh Market ("TFM") after its acquisition in a two-step merger by affiliates of Apollo Global Management, LLC ("Apollo").

Mergers and Acquisitions 52

Mergers and Acquisitions Mergers Acquisitions Management 52

Shearman & Sterling

NOVEMBER 27, 2018

the "Company") against former members of its board of directors in connection with the take-private acquisition of the Company by a private equity buyer group in June 2017. 2015)—because a majority of stockholders tendered their shares—and that dismissal was also required because of an exculpatory charter provision pursuant to 8 Del.

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Acquisitions Private Equity Sale Equities 40

InvestmentBank.com

OCTOBER 24, 2019

In fact, acquisitions by hospitals and private equity in provider services broke records last year according to Bain & Co’s 2019 global healthcare report. According to a study by Avalere Health and the Physician Advocacy Institute, hospital acquisition of physician practices in the U.S. In 2009 healthcare costs consumed 17.3%

Hospitality 40

Hospitality Private Equity Equities Acquisitions 40

The Deal

DECEMBER 19, 2023

Bomi Lee knew she wanted to specialize in M&A after working on two deals as a mid-level associate at Cravath, Swaine & Moore LLP in 2014 and 2015, she said on this week’s Drinks With The Deal podcast. “I I liked the strategy and the negotiations and the chess game element of M&A, the immediacy of M&A,” Lee said.

M&A 59

M&A Negotiation Sale Investors 59

Shearman & Sterling

JULY 17, 2018

Morrison v. 445, 2017 (Del. July 9, 2018). As discussed in our prior post on this case, the Court of Chancery dismissed claims that the sale process undertaken by TFM was a "sham" designed by TFM's founder to deliver the company into the hands of a favored suitor. KKR Financial Holdings LLC, 125 A.3d 3d 304 (Del.

Mergers and Acquisitions 52

Mergers and Acquisitions Sale Mergers Shares 52

Shearman & Sterling

APRIL 9, 2019

against its former directors for breach of fiduciary duty in connection with the company's acquisition by affiliates of H.I.G. 2015), and dismissed the claims because a majority of NCI's disinterested stockholders tendered their shares in an uncoerced and fully-informed tender offer. Narang, C.A. 2018-0221-AGB (Del.

Mergers and Acquisitions 52

Mergers and Acquisitions Shares Sale Mergers 52

Benchmark International

JUNE 11, 2024

The transaction represents a strategic expansion for Fugue Capital as they work to achieve scale through acquisitions. Founded in 1967 by the Dane family, Tri-Tex Cabinets was acquired by Tygra Industries, LLC in 2015. Since then, the company has experienced continued success and growth.

Capital 45

Capital Professional Services Middle Market Private Equity 45

InvestmentBank.com

AUGUST 14, 2019

to 6,078 in 2015. billion between 2013 and 2015, there had been decreases in round closings, from 6,098 to 5,536 in 2018. [1] In 2013 only $36.4 billion was funded in the industry with 5,176 funding rounds closed. The amount funded increased more than a fold to $78.1 billion and the number of rounds closed increased by 17.8%

Education 52

Education Mergers and Acquisitions Capital Investment 52

Shearman & Sterling

JUNE 16, 2017

. ("Charter") regarding share issuances to, and a voting proxy agreement with, its largest stockholder, Liberty Broadband Corporation ("Liberty"), in connection with Charter's recent acquisition of Bright House Networks, LLC ("Bright House") and merger with Time Warner Cable ("TWC") (the "Acquisitions").

Mergers and Acquisitions 40

Mergers and Acquisitions Shares Acquisitions Corporation 40

Shearman & Sterling

APRIL 3, 2018

. ("Tesla") asserting that its directors breached their fiduciary duties in connection with its acquisition of SolarCity. Plaintiffs claimed the acquisition was an effort to rescue a distressed SolarCity to the detriment of Tesla stockholders, allegedly at the direction of Elon Musk, Tesla's Chairman and CEO, who held 22.1%

Acquisitions 40

Acquisitions Stock IT 40

Shearman & Sterling

DECEMBER 12, 2017

​On November 30, 2017, Vice Chancellor Tamika Montgomery-Reeves of the Delaware Court of Chancery dismissed breach of fiduciary duty claims against the board of Opower, Inc. ("Opower") in connection with Opower's acquisition by Oracle Corporation ("Oracle"). 2015), because the tender was not fully informed.

Mergers 40

Mergers Negotiation Corporation Acquisitions 40

How2Exit

OCTOBER 2, 2023

In 2002, he was recruited by TBS and eventually became the owner of the business in 2015. He emphasizes the importance of building a team of professionals to guide the acquisition process and shares his experience with refinancing the SBA loan. Subscribe to The Hub - Acquisitions Hub rn '

Business 130

Business Finance Finance Recruitment 130

Shearman & Sterling

JULY 18, 2017

2015) and In re Volcano Corp. § 251(h). Berkman, C.A. 12844-VCMR (Del. July 13, 2017). Relying on Corwin v. KKR Financial Holdings LLC, 125 A.3d 3d 304 (Del. Stockholder Litigation, 143 A.3d 3d 727 (Del.

Mergers 40

Mergers Mergers and Acquisitions Corporation Acquisitions 40

Shearman & Sterling

OCTOBER 3, 2017

On September 28, 2017, Vice Chancellor Sam Glasscock III of the Delaware Court of Chancery dismissed stockholder class claims for breach of fiduciary duty brought against the former directors of The Fresh Market ("TFM") after its acquisition in a two-step merger by affiliates of Apollo Global Management, LLC ("Apollo").

Mergers and Acquisitions 40

Mergers and Acquisitions Mergers Acquisitions Management 40

Shearman & Sterling

JANUARY 10, 2018

Slights III of the Delaware Court of Chancery granted a stockholder's demand to inspect books and records related to the acquisition of West Corporation ("West") by Apollo Global Management ("Apollo"), pursuant to 8 Del. On December 29, 2017, Vice Chancellor Joseph R. § 220. 2017-0547-JRS (Del. 3d 304 (Del.

Sale 40

Sale Acquisitions Corporation Management 40

Quest: Mergers & Acquisitions

JULY 2, 2019

Mergers and acquisitions (M&As) are always a hush-hush thing, where only a select few in each organization are privy to the details and the negotiations. In 2015, Marriott announced the acquisition of Starwood Hotels would help them realize $200 million in annual cost synergies by leveraging back-office and operational efficiencies 1.

M&A 52

M&A IT Mergers and Acquisitions Negotiation 52

Shearman & Sterling

JULY 17, 2018

Morrison v. 445, 2017 (Del. July 9, 2018). As discussed in our prior post on this case, the Court of Chancery dismissed claims that the sale process undertaken by TFM was a "sham" designed by TFM's founder to deliver the company into the hands of a favored suitor. KKR Financial Holdings LLC, 125 A.3d 3d 304 (Del.

Mergers and Acquisitions 40

Mergers and Acquisitions Sale Mergers Shares 40

Shearman & Sterling

APRIL 9, 2019

against its former directors for breach of fiduciary duty in connection with the company's acquisition by affiliates of H.I.G. 2015), and dismissed the claims because a majority of NCI's disinterested stockholders tendered their shares in an uncoerced and fully-informed tender offer. Narang, C.A. 2018-0221-AGB (Del.

Mergers and Acquisitions 40

Mergers and Acquisitions Shares Sale Mergers 40

Wizenius

APRIL 27, 2023

One specific area where these laws are frequently applied is in the context of merger and acquisition transactions. To prevent this from happening, governments often have laws in place that regulate mergers and acquisitions to ensure that they do not create or enhance a monopoly or otherwise harm competition.

Mergers and Acquisitions 52

Mergers and Acquisitions Pharmaceutical Retail Acquisitions 52

The Deal

FEBRUARY 8, 2024

24, the acquisition of community solar assets from Community Power Group in New York for undisclosed terms. 38 Degrees was founded in 2015 by Bailey, Ryan Bennett and Jake Carney, who all worked together in the project finance leadership organization of renewable energy companies SunEdison Inc. and TerraForm Power Inc.,

Private Equity 52

Private Equity Finance Finance Equities 52

The TRADE

DECEMBER 11, 2023

Green joins from Fidelity Information Service (FIS), where he served as managing director, derivatives utility for the past eight years, following the firm’s acquisition of SunGard in 2015. Dariush Mirfendereski has been appointed head of inflation trading as part of MUFG’s rates trading team.

Trading 64

Trading Sale Electronics Financial Institution 64