Morgan, Lewis & Bockius

Vendasta Acquires Yesware To Bring To Market Best-In-Class Sales Engagement Platform

Retrieved on: 
Monday, October 17, 2022
100 Best Workplaces in Europe, Culture, Morgan, Lewis & Bockius, Efficiency, CRM, Super Mario, Acceleration, Foundry, Software as a service, LLC, Battery Ventures, GV (company), TD Securities, Technology, Acquisition, Workplace, CEO, GLOBE, Calendar, LLP, Marketing, Sales, Mobile phone, Yesware, Vendasta Technologies, Saskatoon

Yesware, founded in 2010, brings a tenured team with industry-leading experience and a complementary customer base to Vendasta.

Key Points: 
  • Yesware, founded in 2010, brings a tenured team with industry-leading experience and a complementary customer base to Vendasta.
  • Bringing Yeswares sales enablement technology including email tracking and campaign managementtogether with Vendastas end-to-end technology platform will extend new offerings to each companys customers.
  • With the complementary technology, Vendastas channel partners will have access to new sales tools that drive revenue and engagement with their customers.
  • This move will increase the speed we bring great technology to market, and pushes both companies product roadmap ahead significantly.

DiaCarta to Become a Publicly Listed Company Through Merger with HH&L Acquisition Co.

Retrieved on: 
Friday, October 14, 2022
Professional Services, Health, Genetics, Other Science, Finance, Science, Biotechnology, CLIA, Investment, Qi, CEO, Health, DNA, LLP, Solution, Business architecture, ISO, HHLA, Communication, LLC, Person, NYSE, Company, Industry, CCM, Domestication, HH, Liquid biopsy, FDA, Suite, New, Growth, Sponsor, Security (finance), Technology, U.S. Securities and Exchange Commission, Radiation, Prospectus, Name, Combination, Physician, Sale, Cayman Islands, SEC, Morgan, Lewis & Bockius, XNA, GMP, Genomics, Patient, IPO, Transaction, RNA, Business, York House, Colorectal cancer, Acquisition, Landmark, White & Case, Proxy, Forward-looking statement, Bank, Medical imaging, Financial adviser, Management

(DiaCarta or the Company), a precision molecular diagnostics company and developer of novel oncology and infectious disease tests, and HH&L Acquisition Co. (NYSE: HHLA.U, HHLA, HHLA WS) (HH&L), a publicly traded special purpose acquisition company (SPAC), today announced that they entered into a definitive business combination agreement (the Business Combination Agreement) that is expected to result in DiaCarta becoming a publicly listed company (the Transaction or Business Combination).

Key Points: 
  • (DiaCarta or the Company), a precision molecular diagnostics company and developer of novel oncology and infectious disease tests, and HH&L Acquisition Co. (NYSE: HHLA.U, HHLA, HHLA WS) (HH&L), a publicly traded special purpose acquisition company (SPAC), today announced that they entered into a definitive business combination agreement (the Business Combination Agreement) that is expected to result in DiaCarta becoming a publicly listed company (the Transaction or Business Combination).
  • Upon closing of the Transaction, the combined company will be listed on the New York Stock Exchange.
  • DiaCarta is a precision molecular diagnostics company that has developed innovative technologies that transform patient care by providing effective precision diagnostics using liquid biopsy.
  • Based in Pleasanton, California, the Company is ISO certified, GMP-compliant and offers CLIA certified laboratory services to its customers.

 Deltech Holdings Completes the Acquisition of StanChem

Retrieved on: 
Tuesday, October 4, 2022
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Deltech Holdings, LLC (Deltech), a leading producer of high-performance aromatic monomers, specialized crystal polystyrene, and resins for the coatings, composites, construction, and other end markets, announced today the acquisition of StanChem, Inc. (StanChem), a provider of emulsion polymers and protective coatings.

Key Points: 
  • Deltech Holdings, LLC (Deltech), a leading producer of high-performance aromatic monomers, specialized crystal polystyrene, and resins for the coatings, composites, construction, and other end markets, announced today the acquisition of StanChem, Inc. (StanChem), a provider of emulsion polymers and protective coatings.
  • StanChem has always been a premier provider of emulsion polymers and Albi has been an innovator in the protective coatings market.
  • We look forward to the next chapter of our growth as a part of the Deltech team, said Paul Stenson, current President and CEO of StanChem.
  • StanChem will operate as StanChem Resins, a division of the larger Deltech platform, and continue to be overseen by existing management.

Berkeley Lights Announces Appointment of Scott Chaplin as Chief Legal Officer

Retrieved on: 
Monday, September 19, 2022
Risk, Health, Alliant Techsystems, Vista Outdoor, U.S. Securities and Exchange Commission, Contract, Company, Compliance, Growth, Intellectual property, Government, Patient, LLP, District, CEO, Cell, Solution, Nasdaq, Board of directors, Leadership, Robotics, Morgan, Lewis & Bockius, Reed Smith, Stanley, Inc., Multimedia, Shield, View, Management, Law

EMERYVILLE, Calif., Sept. 19, 2022 /PRNewswire/ -- Berkeley Lights, Inc. (Nasdaq: BLI), a leader in digital cell biology, today announced that Scott Chaplin has been named the Company's chief legal officer and corporate secretary, effective immediately.

Key Points: 
  • EMERYVILLE, Calif., Sept. 19, 2022 /PRNewswire/ -- Berkeley Lights, Inc. (Nasdaq: BLI), a leader in digital cell biology, today announced that Scott Chaplin has been named the Company's chief legal officer and corporate secretary, effective immediately.
  • As chief legal officer, he will serve as an adviser to the chief executive officer (CEO), Board of Directors, and senior management members.
  • "We are thrilled to welcome Scott to the Berkeley Lights leadership team," said Siddhartha Kadia, Ph.D., CEO of Berkeley Lights.
  • Prior to Berkeley Lights, Mr. Chaplin served as chief legal and people officer at Shield AI, a technology company focused on AI software, robotics, and autonomy solutions for the national security sector.

Tabula Rasa HealthCare Announces Cooperation Agreement with Indaba Capital Management to Refresh the Company's Leadership and Board of Directors

Retrieved on: 
Wednesday, September 14, 2022
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MOORESTOWN, N.J., Sept. 14, 2022 /PRNewswire/ -- Tabula Rasa HealthCare, Inc.® (TRHC) (NASDAQ: TRHC), ("TRHC" or the "Company"), a leading healthcare technology company advancing the safe use of medications, today announced a cooperation agreement with Indaba Capital Management, L.P. ("Indaba"), the Company's largest stockholder with an approximately 25% equity stake. 

Key Points: 
  • Pursuant to the cooperation agreement, the composition of the Board of Directors (the "Board") will be amended as follows:
    Calvin H. Knowlton and Orsula V. Knowlton will retire from the Company and step down from the Board, effective immediately.
  • Derek Schrier and Jonathan D. Schwartz have been appointed to the Board of Directors, effective immediately.
  • Following these changes, the Board will comprise nine independent directors, representing a mix of institutional knowledge and fresh perspectives, as well as robust financial, healthcare, strategic and corporate governance experience.
  • Tabula Rasa HealthCare (TRHC) (NASDAQ: TRHC) provides medication safety solutions that empower healthcare professionals and consumers to optimize medication regimens, combatting medication overload and reducing adverse drug events.

Tabula Rasa HealthCare Announces Leadership Transition

Retrieved on: 
Wednesday, September 14, 2022
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MOORESTOWN, N.J., Sept. 14, 2022 /PRNewswire/ -- Tabula Rasa HealthCare, Inc.® (TRHC) (NASDAQ: TRHC), a leading healthcare technology company advancing the safe use of medications, today announced that co-founders Dr. Calvin H. Knowlton, BScPharm, MDiv, PhD, ScD (hon), Chief Executive Officer and Board Chairman, and Dr. Orsula V. Knowlton, PharmD, MBA, Co-President and Chief Marketing and New Business Development Officer, will retire from TRHC and step down as members of the Board of Directors, effective immediately. Director Michael Purcell has been named Independent Chair of the Board. Brian Adams, TRHC's Co-President, will serve as interim CEO while the Board executes a comprehensive process to identify a permanent successor. To support a seamless transition, the Knowltons have signed consulting agreements with TRHC through the end of the year.

Key Points: 
  • Brian Adams said, "Tabula Rasa has built a reputation as a leader in the value-based care market and I'd like to thank the Knowltons for their contributions to these efforts.
  • In addition to the leadership transition, TRHC today announced that it has entered into a cooperation agreement with Indaba Capital Management, L.P. ("Indaba").
  • Tabula Rasa HealthCare (TRHC) (NASDAQ: TRHC) provides medication safety solutions that empower healthcare professionals and consumers to optimize medication regimens, combatting medication overload and reducing adverse drug events.
  • Tabula Rasa HealthCare assumes no obligation and does not intend to update these forward-looking statements, except as required by law, to reflect events or circumstances occurring after today's date.

Bow River Capital's Software Growth Equity Team Makes Majority Platform Investment in HRSoft, a Human Capital Management SaaS Market Leader in Compensation Management

Retrieved on: 
Tuesday, September 13, 2022
Cloud, Workforce, Profitable growth, Continue, LLC, Organization, LinkedIn, Company, Growth, Compliance, Industry, Ownership, CEO, Veteran, Solution, Morgan, Lewis & Bockius, HR, Board, HCM, Multimedia, SGE, Software as a service, HRIS, View, ERP, Risk management, Bank, Financial adviser, Bow River, Bow River

ORLANDO, Fla., Sept. 13, 2022 /PRNewswire/ -- HRSoft announced today that it has selected Bow River Capital's Software Growth Equity (SGE) Team to partner for operational, growth, and innovation expertise. Founded 20+ years ago, HRSoft's SaaS platform is an industry leading low-code platform that empowers enterprises to take control of employee compensation, rewards, and performance management. This modern and market leading system architecture enables the full suite of applications to be 100% configurable and delivered quickly at a significantly lower total cost of ownership versus traditional human capital management systems.

Key Points: 
  • Founded 20+ years ago, HRSoft's SaaS platform is an industry leading low-code platform that empowers enterprises to take control of employee compensation, rewards, and performance management.
  • HRSoft, backed by Bow River Capital's Software Growth Equity Fund, is a market leading employee compensation management software.
  • Collectively, the Bow River Capital team has deployed capital into diverse industries, asset classes and across the capital structure.
  • Bow River Capital Evergreen Fund is distributed by Foreside Financial Services, LLC, which is not affiliated with Bow River Capital or its affiliates.

Scout Clean Energy Sells Persimmon Creek Wind Farm to Evergy

Retrieved on: 
Tuesday, August 9, 2022
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KANSAS CITY, Mo., Aug. 9, 2022 /PRNewswire/ -- Scout Clean Energy (Scout), a Colorado based renewable energy developer-owner-operator, and its joint venture partner Elawan Energy, a global operator in the renewable energy industry, today announced they have completed the sale of the 199-megawatt (MW) Persimmon Creek Wind Farm (Persimmon) in western Oklahoma to Evergy, Inc (NYSE: EVRG) for a total consideration of approximately $250 million.

Key Points: 
  • KANSAS CITY, Mo., Aug. 9, 2022 /PRNewswire/ -- Scout Clean Energy (Scout), a Colorado based renewable energy developer-owner-operator, and its joint venture partner Elawan Energy, a global operator in the renewable energy industry, today announced they have completed the sale of the 199-megawatt (MW) Persimmon Creek Wind Farm (Persimmon) in western Oklahoma to Evergy, Inc (NYSE: EVRG) for a total consideration of approximately $250 million.
  • Michael Rucker, CEO and founder of Scout Clean Energy, said, "The Persimmon Creek Wind Farm has been a reliable source of renewable energy over the last four years making it a solid investment for Scout.
  • "We are delighted that Evergy has agreed to purchase Persimmon from Scout which will serve Evergy's renewable energy plans well over the coming years.
  • Scout Clean Energy is a renewable energy developer, owner-operator headquartered in Boulder, Colorado with over 1,200 MW of operating assets.

Evergy to purchase 199 MW Persimmon Creek Wind Farm from Scout Clean Energy and Elawan Energy

Retrieved on: 
Tuesday, August 9, 2022
Other Natural Resources, Other Energy, Utilities, Environment, Alternative Energy, Natural Resources, Energy, Wind, U.S. Securities and Exchange Commission, Waste management, Climate change, Atmosphere, Carbon, NYSE, Accounting, CEO, Orix, Forward-looking statement, Technology, Woodward, Private Securities Litigation Reform Act, SEC, Sale, London Interbank Bid Rate, Security (finance), Environment, Workforce, Annual report, Trade, Public expenditure, Scout, Marketing, Water quality, Risk management, COVID-19, Acquisition, Morgan, Lewis & Bockius, Retirement, Partnership, Safety, Campbell, RTO, Electricity, Maintenance, Health, Farm, Goal, Ownership, McDermott Will & Emery, General Electric, Weather, Solution, EVRG, LIBOR, Information technology, Renewable energy, Coronavirus, Evergy

Evergy and a partnership between Scout Clean Energy and Elawan Energy announced today that Evergy will purchase the 199-megawatt Persimmon Creek Wind Farm in western Oklahoma for a purchase price of about $250 million.

Key Points: 
  • Evergy and a partnership between Scout Clean Energy and Elawan Energy announced today that Evergy will purchase the 199-megawatt Persimmon Creek Wind Farm in western Oklahoma for a purchase price of about $250 million.
  • The renewable energy from this wind farm will serve customers in the Evergy Missouri West service area.
  • Evergys commitment to affordable, reliable, and sustainable electricity drives our planning, and Persimmon Creek Wind Farm supports those three tenants, Campbell said.
  • Scout Clean Energy is a renewable energy developer, owner-operator headquartered in Boulder, Colorado with over 1,200 MW of operating assets.

Butterfly To Acquire QDOBA and Form Leading Fast Casual Restaurant Platform Through Merger with Modern Restaurant Concepts

Retrieved on: 
Tuesday, August 9, 2022
Food, Beverage, Retail, Kirkland & Ellis, Hand, King Street, Industry, IPad Air 2, Growth, YouTube, Agriculture, Environment, LLP, Department of Agriculture, Aquaculture and Fisheries (New Brunswick), Instagram, No, Twitter, Aquaculture, Morgan, Lewis & Bockius, TikTok, King Street Capital Management, Retirement, Deutsche Bank, Food, Specialization, App store, Kirkland, Ownership, MRC, Salad, Solution, Credit Suisse, Entrepreneurship, ITunes, Restaurant, Video game, Pharmaceutical industry, Financial services, Soft drink, Bank, Lemonade, Butterfly, Facebook

1 franchisor in the Mexican fast casual restaurant sector in North America, via a merger transaction with Modern Restaurant Concepts (MRC), an industry-leading better-for-you fast casual restaurant platform consisting of two brands: Modern Market Eatery (Modern Market) and Lemonade.

Key Points: 
  • 1 franchisor in the Mexican fast casual restaurant sector in North America, via a merger transaction with Modern Restaurant Concepts (MRC), an industry-leading better-for-you fast casual restaurant platform consisting of two brands: Modern Market Eatery (Modern Market) and Lemonade.
  • Known for its signature queso and hand-made guacamole, QDOBA has been voted best fast casual restaurant for four years in a row by USA TODAYs 10Best.
  • Upon closing of the merger transaction, the Modern Restaurant Concepts platform will comprise approximately 800 units touching nearly every U.S. state and the combined restaurants will employ nearly 18,000 systemwide.
  • Modern Restaurant Concepts is one of the largest fast casual restaurant platforms in North America with nearly 800 units across three brands, QDOBA, Modern Market Eatery and Lemonade.