William Blair & Company

H.I.G. Capital Completes Sale of Tastes on the Fly

Retrieved on: 
Monday, November 13, 2023
Professional Services, Retail, Restaurant, Bar, Other Travel, Finance, Travel, Food, Beverage, Sale, Acquisition, William Blair & Company, H.I.G. Capital, Investment, Air travel, Paradies, COVID-19, Airport, Partnership, Growth, Fly, Airline

Capital (“H.I.G.”), a leading global alternative investment firm with $59 billion of capital under management, is pleased to announce the sale of its portfolio company Tastes on the Fly (“Tastes on the Fly” or the “Company”) to Paradies Lagardère, the North American travel retail division of the Lagardère Group, a publicly traded company on the French stock exchange.

Key Points: 
  • Capital (“H.I.G.”), a leading global alternative investment firm with $59 billion of capital under management, is pleased to announce the sale of its portfolio company Tastes on the Fly (“Tastes on the Fly” or the “Company”) to Paradies Lagardère, the North American travel retail division of the Lagardère Group, a publicly traded company on the French stock exchange.
  • Founded in 1999, Tastes on the Fly is an award-winning operator of airport food and beverage concessions across North America.
  • has been a tremendous partner to Tastes on the Fly, helping us execute on our shared growth vision despite an incredibly turbulent time in the air travel industry,” said Michael Levine, Executive Chairman and Co-founder of Tastes on the Fly.
  • and Tastes on the Fly in connection with the transaction.

Chicago Pacific Founders Welcomes Sam Bendix as a Healthcare Real Estate & Infrastructure Partner

Retrieved on: 
Tuesday, December 12, 2023
Investment, Growth, William Blair & Company, Partner (business rank), CPF, Partner, Bendix

CHICAGO, Dec. 12, 2023 /PRNewswire/ -- Chicago Pacific Founders (CPF), a dynamic investment management firm specializing in healthcare private equity and real estate investments, is thrilled to announce the exciting addition of Sam Bendix as its newest Partner.

Key Points: 
  • CHICAGO, Dec. 12, 2023 /PRNewswire/ -- Chicago Pacific Founders (CPF), a dynamic investment management firm specializing in healthcare private equity and real estate investments, is thrilled to announce the exciting addition of Sam Bendix as its newest Partner.
  • Joining CPF allows Mr. Bendix to play a pivotal role in a forward-thinking company dedicated to driving positive change in healthcare real estate, private equity, and infrastructure.
  • "We're absolutely delighted to welcome Sam to our team at Chicago Pacific Founders," said John Rijos, Managing Partner of CPF Healthcare Real Estate.
  • Mr. Bendix's extensive real estate investment background includes positions with Landmark Properties, National Real Estate Advisors, Harrison Street Real Estate Capital, Blue Vista Capital Management, and William Blair & Company.

Robbins Geller Rudman & Dowd LLP Announces a Notice of Class Action and Proposed Settlement in the LifeStance Health Group, Inc. Securities Settlement

Retrieved on: 
Wednesday, November 22, 2023
Allocation, Prejudice, William Blair & Company, J.P. Morgan & Co., Pearl Street, Goldman Sachs, Jefferies Group, UBS, COMMON, Fee, L.L.C, District court, Life, CLASS, Settlement, Counsel, Claim, Episcopal conference, Hearing, HEALTH, TPG Inc., Court, ALL

(the "Underwriter Defendants" and, together with the LifeStance Defendants, "Defendants"), have reached a proposed settlement of the claims in the above-captioned class action (the "Action") in the amount of $50,000,000 (the "Settlement").

Key Points: 
  • (the "Underwriter Defendants" and, together with the LifeStance Defendants, "Defendants"), have reached a proposed settlement of the claims in the above-captioned class action (the "Action") in the amount of $50,000,000 (the "Settlement").
  • Any updates regarding the Settlement Hearing, including any changes to the date or time of the hearing, will be posted to the Settlement website, www.LifeStanceSecuritiesSettlement.com .
  • You do NOT need to attend the Settlement Hearing to receive a distribution from the Net Settlement Fund.
  • IF YOU ARE A MEMBER OF THE CLASS, YOUR RIGHTS WILL BE AFFECTED BY THE PROPOSED SETTLEMENT AND YOU MAY BE ENTITLED TO A MONETARY PAYMENT.

Thoma Bravo Completes Acquisition of NextGen Healthcare

Retrieved on: 
Friday, November 10, 2023
Kulim Hi-Tech Park, EHR, Acquisition, William Blair & Company, SAN, Patient, NextGen Healthcare, Morgan Stanley, Health information exchange, Partnership, Latham & Watkins, Software as a service, Thoma Bravo, Growth, NPS, Nursing, Financial adviser

SAN FRANCISCO and REMOTE-FIRST COMPANY, Nov. 10, 2023 /PRNewswire/ -- Thoma Bravo, a leading software investment firm, today announced the completion of its acquisition of NextGen Healthcare, Inc. ("NextGen Healthcare" or the "Company"), a leading provider of innovative, cloud-based healthcare technology solutions, for $1.8 billion.

Key Points: 
  • SAN FRANCISCO and REMOTE-FIRST COMPANY, Nov. 10, 2023 /PRNewswire/ -- Thoma Bravo, a leading software investment firm, today announced the completion of its acquisition of NextGen Healthcare, Inc. ("NextGen Healthcare" or the "Company"), a leading provider of innovative, cloud-based healthcare technology solutions, for $1.8 billion.
  • "We are delighted to partner with Thoma Bravo to accelerate the delivery of transformational solutions to the ambulatory healthcare marketplace," said David Sides, President and Chief Executive Officer of NextGen Healthcare.
  • "We are excited to support NextGen Healthcare's long-term growth by leveraging Thoma Bravo's operational and software expertise," said Peter Hernandez, a Vice President at Thoma Bravo.
  • NextGen Healthcare serves more than 100,000 ambulatory healthcare providers who care for more than 65 million patients in the US.

J.F. Lehman & Company Completes Acquisition of Heritage-Crystal Clean, Inc.

Retrieved on: 
Tuesday, October 17, 2023
Oil, Gas, Finance, Energy, Machinery, Machine Tools, Metalworking & Metallurgy, Chemicals, Plastics, Professional Services, Manufacturing, Acquisition, Jefferies Group, William Blair & Company, Shearman & Sterling, McDermott Will & Emery, Stifel, Maintenance, Shearman, Crystal

Lehman & Company (“JFLCO”), a leading private equity investment firm focused on the aerospace, defense, maritime and environmental sectors, completed its acquisition of Crystal Clean for $45.50 per share in an all-cash transaction that valued Crystal Clean at approximately $1.2 billion.

Key Points: 
  • Lehman & Company (“JFLCO”), a leading private equity investment firm focused on the aerospace, defense, maritime and environmental sectors, completed its acquisition of Crystal Clean for $45.50 per share in an all-cash transaction that valued Crystal Clean at approximately $1.2 billion.
  • With the completion of the transaction, Crystal Clean’s common stock has ceased trading and is no longer listed on the NASDAQ Global Select Market.
  • William Blair & Company served as financial advisor to Crystal Clean, Stifel delivered a fairness opinion to Crystal Clean with respect to the transaction, and McDermott Will & Emery LLP served as legal counsel to Crystal Clean.
  • Houlihan Lokey, Inc. served as lead financial advisor to JFLCO, and Jefferies LLC also served as financial advisor to JFLCO; Shearman & Sterling LLP and Jones Day served as legal counsel to JFLCO.

The Benchmark Company Expands its Technology M&A Focus with Leadership Hires

Retrieved on: 
Thursday, October 12, 2023
Benchmark, Cloud, Data infrastructure, Mobility, Corporation, Investment banking, TMT, William Blair & Company, University, Digital media, Lehman Brothers, Rensselaer Polytechnic Institute, Enterprise, AudioCodes, Amherst College, Growth, Cornell University, United Nations Technology Bank for Least Developed Countries, Customer engagement, Cloud communications, M.E, Research, Cryptocurrency, Financial services, Computer security, Telecom

Derek Wittenberg and Dmitry Netis , both Managing Directors, Investment Banking, are establishing and leading the firm’s Technology, Media, and Telecom (TMT) M&A vertical.

Key Points: 
  • Derek Wittenberg and Dmitry Netis , both Managing Directors, Investment Banking, are establishing and leading the firm’s Technology, Media, and Telecom (TMT) M&A vertical.
  • "Technology is reshaping all of our clients' industries and represents a significant opportunity for their differentiation and growth.
  • “We are excited to join the Benchmark banking team to strengthen the firm’s investment banking focus in this important sector.
  • We look forward to Derek and Dmitry’s contributions to our deep bench of banking and advisory professionals,” added Richard Messina.

Graycliff Partners LP Holds Single Closing for $600 Million Buyout Fund

Retrieved on: 
Monday, October 16, 2023
Small Business, Professional Services, Finance, William Blair & Company, Fund, Insurance, Private law, Weil, Gotshal & Manges, Partner, Financial services

Graycliff Partners LP (“Graycliff” or “Graycliff Partners”) is pleased to announce the closing of the firm’s fifth lower middle market private equity fund, Graycliff Private Equity Partners V (the “Fund”).

Key Points: 
  • Graycliff Partners LP (“Graycliff” or “Graycliff Partners”) is pleased to announce the closing of the firm’s fifth lower middle market private equity fund, Graycliff Private Equity Partners V (the “Fund”).
  • The oversubscribed Fund closed at its hard cap of $600 million in limited partner commitments in a single closing and included significant additional commitments from Graycliff’s partners and employees.
  • The fundraise was completed in less than four months with support from both existing and new investors.
  • The strong demand is a testament to Graycliff’s expertise and ability to create value through its disciplined strategy and investment approach.

iNRCORE, LLC Announces Recapitalization with Warburg Pincus and TJC

Retrieved on: 
Tuesday, October 3, 2023
LLP, BMO Capital Markets, Magnetism, TJC, Partnership, Kirkland & Ellis, William Blair & Company, Jefferies Group, Aviation, L.L.C, Government, Environmental Dispute Resolution Fund, Warburg Pincus, The Company, Partner, Engineering

NEW YORK, Oct. 3, 2023 /PRNewswire/ -- iNRCORE, LLC ("iNRCORE" or the "Company"), a portfolio company of TJC, L.P. ("TJC"), is pleased to announce that it has entered into a definitive agreement with funds advised by TJC and funds advised by Warburg Pincus LLC ("Warburg Pincus") to recapitalize the Company.

Key Points: 
  • NEW YORK, Oct. 3, 2023 /PRNewswire/ -- iNRCORE, LLC ("iNRCORE" or the "Company"), a portfolio company of TJC, L.P. ("TJC"), is pleased to announce that it has entered into a definitive agreement with funds advised by TJC and funds advised by Warburg Pincus LLC ("Warburg Pincus") to recapitalize the Company.
  • We see significant opportunities to continue to grow iNRCORE and we are excited to be able to partner with both Warburg Pincus and TJC to continue this trend."
  • "We are excited to continue supporting Sarah Trezza and the iNRCORE team in partnership with Warburg Pincus."
  • BMO Capital Markets is acting as financial advisor and Cleary Gottlieb Steen & Hamilton LLP is serving as legal counsel for Warburg Pincus.

TRG Screen Announces Strategic Growth Investment from Vista Equity Partners

Retrieved on: 
Tuesday, October 3, 2023
Vista Equity Partners, LLP, Executive, Matthews, Alston & Bird, Senior, Kirkland & Ellis, William Blair & Company, Rainforest Foundation Fund, Leigh, Pamlico Capital, Organization, Growth, Rest, Software, Management

NEW YORK, Oct. 3, 2023 /PRNewswire/ -- TRG Screen, the leading provider of enterprise subscription spend and usage management software, today announced a strategic growth investment from Vista Equity Partners ("Vista"), a leading global investment firm focused exclusively on enterprise software, data, and technology-enabled businesses. TRG Screen will use the capital to accelerate product innovation, talent, and go-to-market functions to meet the growing demand for transparency, compliance, and control of market data and information consumption.

Key Points: 
  • Partnership with Vista reinforces TRG Screen's leadership in enterprise subscription spend and usage management; capital will accelerate growth initiatives to address an increasingly complex market data and information environment
    NEW YORK, Oct. 3, 2023 /PRNewswire/ -- TRG Screen , the leading provider of enterprise subscription spend and usage management software, today announced a strategic growth investment from Vista Equity Partners ("Vista"), a leading global investment firm focused exclusively on enterprise software, data, and technology-enabled businesses.
  • TRG Screen also announced that Leigh Walters has been appointed Chief Executive Officer.
  • Walters, who will succeed Steve Matthews, has previously served as both President and Chief Operating Officer of TRG Screen since joining in 2017.
  • He will continue to partner with Leigh and the company's executive team in driving strategic growth.

Vistagen Announces Pricing of $100 Million Underwritten Offering

Retrieved on: 
Monday, October 2, 2023
Biotechnology, Mental Health, Health, Pharmaceutical, Clinical Trials, Exercise, Attention, Montgomery Street, Central nervous system, Depression, William Blair & Company, Anxiety, Telephone, Jefferies, SAD, File hosting service, Research, Sale, Suite, Prospectus, Jefferies Group, PALISADE, Social anxiety disorder, Madison Avenue, Security (finance), Therapy, Stifel, L.L.C, Citadel, Incorporated

Each share of common stock or pre-funded warrant will be sold with an accompanying T1 Warrant and T2 Warrant.

Key Points: 
  • Each share of common stock or pre-funded warrant will be sold with an accompanying T1 Warrant and T2 Warrant.
  • The total gross proceeds to Vistagen from this offering are expected to be approximately $100 million, before deducting underwriting discounts and commissions and estimated offering expenses payable by Vistagen and excluding any potential future proceeds of up to $50 million from the exercise of the T1 Warrants and up to $100 million from the exercise of the T2 Warrants.
  • All of the shares of common stock, pre-funded warrants, T1 Warrants, and T2 Warrants to be sold in the offering are being sold by Vistagen.
  • The offering is expected to close on October 4, 2023, subject to the satisfaction of customary closing conditions.