Maynard, Cooper & Gale

Regions Bank Launches Initiative to Grow Black-Owned Businesses in Its Headquarters City

Retrieved on: 
Thursday, April 6, 2023
Finance, Banking, Professional Services, Asset Management, DEI (Diversity, Equity and Inclusion), New Jersey Department of Community Affairs, Kendra, Vanderbilt University Law School, Brookings Institution, Magic City, Senior, University, Maynard, Cooper & Gale, Regions Financial Corporation, Austrian Institute of Economic Research, Quality of life, Head, Multimedia, Harry S. Truman Scholarship, Organization, Region, Political science, Work, Economic development, Center for Business and Economic Research, Growth, Bank, National Bureau of Asian Research, Cryptocurrency, Management, Prosper, Turner, Black, Citigroup

Regions Bank on Thursday announced the launch of a new initiative designed to support, complement and advance work that is under way to foster more Black-owned businesses in the bank’s headquarters city.

Key Points: 
  • Regions Bank on Thursday announced the launch of a new initiative designed to support, complement and advance work that is under way to foster more Black-owned businesses in the bank’s headquarters city.
  • View the full release here: https://www.businesswire.com/news/home/20230406005157/en/
    Kendra Key joined Regions Bank as a Senior Vice President in the company’s Community Affairs division and will lead the Birmingham Black-Owned Business Initiative.
  • The initiative will specifically aim to reach entrepreneurs throughout the Magic City, including and especially in underserved neighborhoods.
  • “We saw through the pilot launch of Prosper’s Magic City Match program that Black-owned businesses are ready to grow, compete and succeed in the marketplace.

Nassau Financial Group Closes Strategic Transaction and Capital Raise

Retrieved on: 
Monday, January 9, 2023
Professional Services, Insurance, Finance, Sidley Austin, CMBS, Golden Gate Capital, Paul, Weiss, Rifkind, Wharton & Garrison, P.C, Acquisition, Growth, AIC, Insurance, Investment, Kirkland & Ellis, Clos, Maynard, Cooper & Gale, AUM, Tetragon Financial Group, Bank, Risk management, Security (finance), Balance Point

Nassau Financial Group, L.P. (“Nassau”) and Angel Island Capital Management, LLC (“AIC”) today announced that Nassau has merged with AIC.

Key Points: 
  • Nassau Financial Group, L.P. (“Nassau”) and Angel Island Capital Management, LLC (“AIC”) today announced that Nassau has merged with AIC.
  • Founded in 2008 by Golden Gate Capital, AIC is a specialty credit investment firm that currently manages $3.6 billion in assets including its balance sheet capital of approximately $300 million.
  • “This transaction significantly strengthens Nassau’s financial profile, adding an incremental $300 million in capital and third-party fee earning AUM, in support of our growth plans,” said Phil Gass, Chairman and CEO of Nassau.
  • Kirkland & Ellis LLP and Paul, Weiss, Rifkind, Wharton & Garrison LLP served as legal advisors to Golden Gate Capital.

United Community Banks, Inc. Announces Completion of Merger With Progress Financial Corporation

Retrieved on: 
Tuesday, January 3, 2023
Trust, Partnership, PC, Community, United Community Bank, Community Bank, Stephens Inc., Nelson Mullins Riley & Scarborough, Attention, Culture, Maynard, Cooper & Gale, Bank, United, Daphne

GREENVILLE, S.C., Jan. 03, 2023 (GLOBE NEWSWIRE) -- United Community Banks, Inc. (NASDAQ: UCBI) (United) completed its merger with Progress Financial Corporation (Progress), effective January 3, 2023.

Key Points: 
  • GREENVILLE, S.C., Jan. 03, 2023 (GLOBE NEWSWIRE) -- United Community Banks, Inc. (NASDAQ: UCBI) (United) completed its merger with Progress Financial Corporation (Progress), effective January 3, 2023.
  • In this transaction, Progress’s bank subsidiary, Progress Bank and Trust, was merged into United’s bank subsidiary, United Community Bank.
  • Progress has a culture much like ours with a commitment to community engagement, customer service, and the employee experience,” said Lynn Harton, Chairman and Chief Executive Officer of United.
  • Stephens Inc. served as financial advisor to Progress, and Maynard Cooper & Gale, PC served as Progress’ legal advisor.

David Perry named CEO of Concourse Financial Group

Retrieved on: 
Monday, October 3, 2022
Professional Services, Insurance, Finance, RIA, Finance department, Punjab (Pakistan), SVP, History, Consultant, Industry, Life, Wealth management, CEO, Maynard, Cooper & Gale, Multimedia, Retirement, Protection, Concourse, Finance minister, P.C, Protective Life, Duke University, Practice management, Strategic management, Mischler Financial Group, Public policy, Marketing, Management, Financial adviser, Northwestern University

Concourse Financial Group (Concourse), a division of Protective Life Corporation (Protective), has named David Perry as Chief Executive Officer, effective Oct. 1, 2022.

Key Points: 
  • Concourse Financial Group (Concourse), a division of Protective Life Corporation (Protective), has named David Perry as Chief Executive Officer, effective Oct. 1, 2022.
  • View the full release here: https://www.businesswire.com/news/home/20221003005618/en/
    David Perry, CEO of Concourse Financial Group (Photo: Business Wire)
    Davids extensive experience and strategic vision are strong assets to the Concourse business, said Aaron Seurkamp, SVP and President of Protectives Retirement Division.
  • As Concourse CEO, Perrys leadership team includes Libet Anderson, President, Wealth Management for Concourse; Brad Mendenhall, President, Insurance Solutions for Concourse; and Darren Guerrera, Chief Financial Officer for Concourse.
  • Comprised of investment services, financial planning, insurance services and practice management services, Concourse Financial Group is the destination for growth-oriented financial professionals.

Kratos Acquires Southern Research Engineering Division Adding Unique Capabilities in Hypersonic, Ballistic Missile, Space and ISR Areas

Retrieved on: 
Tuesday, May 24, 2022
Department, United States Army Command, Control, Communication, Computers, Cyber, Intelligence, Surveillance and Reconnaissance Center, Private Securities Litigation Reform Act, Hypersonic speed, U.S. Securities and Exchange Commission, Nasdaq, GTRI Advanced Concepts Laboratory, Navy, Environment, RF, Uncertainty, ISR, NASDAQ, System, Solution, Kratos Defense & Security Solutions, SRE, Artificial intelligence, Unitary state, National, SAN, Program, Technology, P.C, Machine learning, United States National Security Council, Government, GLOBE, Propulsion, Acquisition, 8-K, CEO, Annual report, Maynard, Cooper & Gale, Weapon, Risk management, Kratos, Southern Research, Intelligence, Engineering

The acquisition establishes Kratos SRE, a new business unit within Kratos Defense and Rocket Support Services Division.

Key Points: 
  • The acquisition establishes Kratos SRE, a new business unit within Kratos Defense and Rocket Support Services Division.
  • This dedicated group of professionals strengthens Kratos Hypersonic and Missile System-related capabilities by virtue of its market-leading advanced materials testing and evaluation capabilities and experience.
  • SRE is also used widely by the space community for launch, re-entry and other vehicles, systems, and capabilities.
  • Kratos is the perfect home for my engineering team, said Michael Johns, former Southern Research Vice President of Engineering and new Kratos SRE Senior Vice President.

PROVIDENT HEALTHCARE PARTNERS ADVISES GASTROENTEROLOGY CONSULTANTS IN ITS PARTNERSHIP WITH GI ALLIANCE

Retrieved on: 
Wednesday, May 11, 2022
Strategic planning, Crohn's disease, Maynard, Cooper & Gale, Health, NEW, Company, Provident, Physician, Consultant, Diarrhea, Patient, Abdominal pain, Partnership, Organization, Acquisition, Diagnosis, Anemia, GIA, Knowledge, Pleasure, National Provider Identifier, LinkedIn, GI, City, Constipation, Lactose intolerance, IBS, Medicine

BOSTON and NEW YORK, May 11, 2022 /PRNewswire/ -- Provident Healthcare Partners ("Provident"), a leading healthcare investment banking firm, announced it has advised Gastroenterology Consultants in its partnership with GI Alliance, one of the nation's largest independent gastroenterology services organizations.

Key Points: 
  • BOSTON and NEW YORK, May 11, 2022 /PRNewswire/ -- Provident Healthcare Partners ("Provident"), a leading healthcare investment banking firm, announced it has advised Gastroenterology Consultants in its partnership with GI Alliance, one of the nation's largest independent gastroenterology services organizations.
  • GI Alliance ("GIA") is a portfolio company of Waud Capital Partners.
  • Katten Muchin Rosenman served as legal counsel to GI Alliance, and Maynard Cooper & Gale served as legal counsel to Gastroenterology Consultants.The terms of the transaction were not disclosed.
  • Provident is a leading healthcare investment banking firm specializing in merger and acquisition advisory, strategic planning, and capital formation for healthcare companies.

Protective Closes on AUL Acquisition, Adds Complementary Product Portfolio to Its Asset Protection Division

Retrieved on: 
Monday, May 2, 2022
Insurance, Professional Services, Dai, Investment, Protection, Maynard, Cooper & Gale, Insurance, Car, Culture, AUL, Industry, Protective Life, LLP, P.C, Dai-ichi, Patterson Belknap Webb & Tyler, Solution, CEO, Technology, Acquisition

I could not be more proud to have this team as part of Protectives Asset Protection Division.

Key Points: 
  • I could not be more proud to have this team as part of Protectives Asset Protection Division.
  • Protective Asset Protection s offerings include, among others, extended service contracts, guaranteed asset protection and ancillary products to protect consumers investments in automobiles, recreational vehicles, watercraft and powersports vehicles.
  • In addition, Protective Asset Protection offers a robust portfolio of dealer participation programs, training and technology solutions through a network of general agents as well as a direct sales force.
  • Through its subsidiaries, Protective offers life insurance, annuity and asset protection solutions and is helping more than 12 million people protect what matters most.

Protective Life to Acquire Leading Automotive Finance & Insurance Provider AUL, Adding Complementary Portfolio to Asset Protection Division

Retrieved on: 
Monday, March 21, 2022
Professional Services, Automotive, Other Automotive, Recreational Vehicles, Insurance, Performance & Special Interest, Finance, Protective Life, Maynard, Cooper & Gale, Investment, Protection, Culture, AUL, Financing, Insurance, Real Estate and Business Services (constituency), CEO, GAP, Car, Technology, Industry, Patterson Belknap Webb & Tyler, Excel Communications, P.C, Solution, Insurance, Acquisition, Financial services, PROTECTIVE ASSET PROTECTION, PROTECTIVE, AUL CORP., PROTECTIVE ASSET PROTECTION, PROTECTIVE, AUL CORP.

Protective Asset Protections offerings include, among others, extended service contracts, guaranteed asset protection and ancillary products to protect consumers investments in automobiles, recreational vehicles, watercraft and powersports vehicles.

Key Points: 
  • Protective Asset Protections offerings include, among others, extended service contracts, guaranteed asset protection and ancillary products to protect consumers investments in automobiles, recreational vehicles, watercraft and powersports vehicles.
  • Protective Asset Protection has been providing Finance & Insurance solutions for the automotive industry for 60 years.
  • Protective Asset Protection is part of the financial services holding company, Protective Life Corporation.
  • Through its subsidiaries, Protective offers life insurance, annuity and asset protection solutions and is helping more than 12 million people protect what matters most.

CPSI Announces the Acquisition of Healthcare Resource Group, Inc.

Retrieved on: 
Tuesday, March 1, 2022
Data Management, Health, Technology, Hospitals, Practice Management, Managed Care, Software, Risk, Private Securities Litigation Reform Act, Health care, Artificial intelligence, Hospital, EHR, Health, Security (finance), Healthcare Resource Group, Annual report, U.S. Securities and Exchange Commission, Academic health science centre, LLC, Solution, Maynard, Cooper & Gale, Growth, Hand, Patient satisfaction, Culture, Pacific Northwest, Efficiency, Consultant, Acquisition, American, Association of British HealthTech Industries, HRG, RCM, P.C, NASDAQ, Judgement, Medicine, Risk management

CPSI (NASDAQ: CPSI), a healthcare solutions company, today announced that it has acquired Healthcare Resource Group, Inc. (HRG).

Key Points: 
  • CPSI (NASDAQ: CPSI), a healthcare solutions company, today announced that it has acquired Healthcare Resource Group, Inc. (HRG).
  • The combination of HRG and TruBridge, a subsidiary of CPSI, will more effectively address the growing demand from healthcare organizations to outsource revenue cycle operations.
  • Healthcare providers face a myriad of challenges in managing billing and payment complexities, as well as recruiting and retaining qualified RCM staff.
  • CPSI is a leading provider of healthcare solutions and services for community hospitals, their clinics and post-acute care facilities.

LongueVue Capital Invests in Associated MetalCast

Retrieved on: 
Tuesday, October 26, 2021
LLP, AL, Entrepreneurship, LVC, Partnership, Health, Transport, Original equipment manufacturer, Agriculture, Maynard, Cooper & Gale, Associated, Food, Founder CEO, Company, Investment, CEO, Growth, Risk management

NEW ORLEANS, Oct. 26, 2021 /PRNewswire/ --LongueVue Capital ("LVC"), a New Orleans-based private equity firm, is pleased to announce that it has partnered with the management team of Associated MetalCast (the "Company") to invest growth capital and fund the Company's continued expansion.

Key Points: 
  • NEW ORLEANS, Oct. 26, 2021 /PRNewswire/ --LongueVue Capital ("LVC"), a New Orleans-based private equity firm, is pleased to announce that it has partnered with the management team of Associated MetalCast (the "Company") to invest growth capital and fund the Company's continued expansion.
  • "Partnering with the Associated MetalCast team is an honor for us at LVC," commented Ray Jeandron, Partner at LongueVue Capital.
  • Ron Douglas, Founder & CEO of Associated MetalCast, commented, "On behalf of the Associated MetalCast family, we are thrilled to be partnering with LongueVue Capital.
  • We are incredibly excited to welcome Associated MetalCast to the LongueVue Capital family as LVC III's tenth platform investment."