BRIGHT STAR

AGS Enters Into Definitive Agreement To Be Acquired By Brightstar Capital Partners for Approximately $1.1 Billion

Retrieved on: 
Thursday, May 9, 2024
Citizenship, LLP, EDT, Investment, Macquarie Group, Barclays, Kirkland & Ellis, Culture, JMP, Jefferies Group, Cooley LLP, AGS, Cryptocurrency

The Company’s Board of Directors has unanimously approved, and recommended that the Company's stockholders approve, the agreement.

Key Points: 
  • The Company’s Board of Directors has unanimously approved, and recommended that the Company's stockholders approve, the agreement.
  • AGS is a global company focused on creating a diverse mix of entertaining gaming experiences for every kind of player.
  • Joining forces with Brightstar represents an exciting new chapter for AGS and our mission to provide exceptional gaming solutions for our operator partners,” said David Lopez, CEO & President of AGS.
  • Upon completion of the transaction, AGS will become a privately held company and shares of AGS common stock will no longer be listed on any public market.

AGS Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of PlayAGS, Incorporated Is Fair to Shareholders

Retrieved on: 
Thursday, May 9, 2024
Class Action Lawsuit, Professional Services, Legal, Sale, AGS, Advertising, Fraud

Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of PlayAGS, Incorporated (NYSE: AGS) to affiliates of Brightstar Capital Partners for $12.50 per share in cash is fair to PlayAGS shareholders.

Key Points: 
  • Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of PlayAGS, Incorporated (NYSE: AGS) to affiliates of Brightstar Capital Partners for $12.50 per share in cash is fair to PlayAGS shareholders.
  • On behalf of PlayAGS shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.
  • Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.

Adtalem Global Education Fiscal Third Quarter 2024 Results; Guidance Raised

Retrieved on: 
Thursday, May 2, 2024
Nursing, Education, Mental Health, Health, Other Health, University, Veterinary, Nurse education, Chamberlain University, Walden University, Nephrology, Perioperative, Social, Emergency nursing, American Nurses Foundation, ACAMS, Emergency Nurses Association, Partnership, Growth, History, Behavior, Black, Physician, Medicine, College, Financial services, Perioperative nursing, ENA, Veterinary medicine, Student, American University, Chamberlain, ATGE

Adtalem Global Education Inc. (NYSE: ATGE), the leading healthcare educator in the United States, today reported third quarter fiscal 2024 results (quarter ended March 31, 2024) reflecting robust operating performance through accelerated total enrollment growth and enhanced profitability.

Key Points: 
  • Adtalem Global Education Inc. (NYSE: ATGE), the leading healthcare educator in the United States, today reported third quarter fiscal 2024 results (quarter ended March 31, 2024) reflecting robust operating performance through accelerated total enrollment growth and enhanced profitability.
  • “Our Growth with Purpose strategy, with its emphasis on operational excellence, continues to accelerate top- and bottom-line performance, permitting us to expand access to high-quality, in-demand programs,” said Steve Beard, president and chief executive officer, Adtalem Global Education.
  • Operating income was $61.7 million, compared with $59.4 million in the prior year; adjusted operating income was $89.8 million, compared with $73.0 million in the prior year.
  • Chamberlain University continues to expand its specialized nursing education that addresses areas of acute nursing shortages through its Practice Ready.

Brightstar Capital Partners Completes Fund III Fundraising with $1.26 Billion in Capital Commitments

Retrieved on: 
Thursday, April 11, 2024
Workforce, Environment, PALM, LP

NEW YORK and PALM BEACH, Fla., April 11, 2024 (GLOBE NEWSWIRE) -- Brightstar Capital Partners ("Brightstar"), a private equity firm focused on partnering with families, founders, entrepreneurs, and management teams, today announced the successful completion of fundraising for its third flagship fund, Brightstar Capital Partners Fund III, LP, totaling $1.26 billion in capital commitments.

Key Points: 
  • NEW YORK and PALM BEACH, Fla., April 11, 2024 (GLOBE NEWSWIRE) -- Brightstar Capital Partners ("Brightstar"), a private equity firm focused on partnering with families, founders, entrepreneurs, and management teams, today announced the successful completion of fundraising for its third flagship fund, Brightstar Capital Partners Fund III, LP, totaling $1.26 billion in capital commitments.
  • "We are incredibly humbled and appreciative of the support from our investors, who have shown faith in our vision and capabilities during a challenging fundraising environment," said Andrew Weinberg, Founder & CEO of Brightstar.
  • "This new fund empowers us to seize opportunities and execute on our strategy, investing with discipline and a focus on driving growth and innovation in our portfolio companies."
  • Brightstar Fund III aims to continue the firm’s strategy of employing its "Us & Us" model to partner with founders, families, and entrepreneurs across the business services, consumer services, industrial services, and government services and technology sectors.

BrightStar Care® Chosen by Medically Home to Expand its Network of Service Providers Delivering Innovative Hospital-at-Home Model of Care

Retrieved on: 
Tuesday, April 23, 2024
Transport, RNS, Partnership, Nursing, Senior, Patient, Physician, RN, BrightStar Care, Health, Infection, Hospital, Home, Joint Commission

GURNEE, Ill., April 23, 2024 /PRNewswire-PRWeb/ -- BrightStar Care, the nation's leading home care and medical staffing agency with more than 380 corporate-owned and franchise locations has broadened its offerings to include primary in-home clinician and transport services. Building on an existing relationship with hospital at home leader, Medically Home, BrightStar Care has expanded its new services to two new markets in California and New Jersey, following a successful launch in Arizona during the fall of 2023.

Key Points: 
  • BrightStar Care's new service is delivered as part of Medically Home's model for decentralized care, operated with healthcare organizations to provide advanced care at home for patients.
  • Through Medically Home's model, patients and care teams are tethered with physicians and nurses who see the patient and direct their care throughout the hospitalization from the medical command center, monitoring their condition 24/7, and utilizing in-home service providers including BrightStar Care nurses for in-home patient care throughout the hospitalization.
  • "Our partnership with Medically Home signifies a pivotal step for BrightStar Care," said Andy Ray, Chief Executive Officer, BrightStar Care.
  • BrightStar Care has earned Joint Commission accreditation and employs a nurse-led model, making it a natural choice to partner in the delivery of hospital at home care.

BrightStar Care® Wins Prestigious Global Franchise Annual Award

Retrieved on: 
Tuesday, March 12, 2024
Caregiver, Vaccine, COVID, Joint Commission, Nursing, Personal protective equipment, Coronavirus, BrightStar Care

GURNEE, lll., March 12, 2024 /PRNewswire-PRWeb/ -- Global Franchise Award conducted its annual Franchise Awards, recognizing the achievements of the world's leading franchise brands. BrightStar Care® was among the top franchises recognized in Global Franchise's 2024 awards, as the winner of the Best Nursing and Care Franchise Award category for its outstanding achievements in the franchise industry.

Key Points: 
  • GURNEE, lll., March 12, 2024 /PRNewswire-PRWeb/ -- Global Franchise Award conducted its annual Franchise Awards, recognizing the achievements of the world's leading franchise brands.
  • BrightStar Care® was among the top franchises recognized in Global Franchise's 2024 awards, as the winner of the Best Nursing and Care Franchise Award category for its outstanding achievements in the franchise industry.
  • This distinguished accolade from Global Franchise underscores the hard work and passion of our entire franchise network," said Pete First, Chief Development Officer at BrightStar Care.
  • All of these factors contributed to Global Franchise's selection of BrightStar Care as a 2024 award recipient.

Tuckahoe Holdings Acquires Gateway Dealer Network, a Leading Industrial Equipment Dealership Network, from Brightstar Capital Partners

Retrieved on: 
Tuesday, February 13, 2024
Acquisition, Jefferies Group, Growth, GDN, Chairperson, Lead, Kirkland & Ellis, Partnership, Management

RICHMOND, Va. and ST. LOUIS, Feb. 13, 2024 (GLOBE NEWSWIRE) -- Tuckahoe Holdings (“Tuckahoe”), a family-run diversified holding company, today announced the acquisition of Gateway Dealer Network (“GDN” or the “Company”), a prominent provider of industrial equipment, from Brightstar Capital Partners (“Brightstar”), a middle market private equity firm.

Key Points: 
  • RICHMOND, Va. and ST. LOUIS, Feb. 13, 2024 (GLOBE NEWSWIRE) -- Tuckahoe Holdings (“Tuckahoe”), a family-run diversified holding company, today announced the acquisition of Gateway Dealer Network (“GDN” or the “Company”), a prominent provider of industrial equipment, from Brightstar Capital Partners (“Brightstar”), a middle market private equity firm.
  • GDN CEO John Hopper and the senior management team are expected to continue to lead the Company moving forward.
  • Headquartered in St. Louis, Missouri, GDN operates principally as a provider of Bobcat®-branded industrial equipment across a footprint of 31 locations in 10 states throughout the Midwest, Southeast, and Western US.
  • In addition to operating as a dealer of new and used equipment, the Company provides parts and services for industrial equipment and maintains a rental fleet.

Biofourmis Expands Access to Care and Streamlines Workflows with Integrated On-Demand In-Home Services Ecosystem

Retrieved on: 
Wednesday, January 17, 2024
Phlebotomy, Partnership, Nursing, BrightStar Care, Patient, Automation, Feedback, MD, Ecosystem, Ageing, Hospital

BOSTON, Jan. 17, 2024 /PRNewswire/ -- Biofourmis, a leading global technology-enabled care delivery company, announced today the launch of its in-home services solution. The new functionality is the catalyst for an ecosystem of in-home service partners that will improve care delivery in the home by enabling patients to receive needed care sooner while improving efficiencies for clinicians.

Key Points: 
  • BOSTON, Jan. 17, 2024 /PRNewswire/ -- Biofourmis , a leading global technology-enabled care delivery company, announced today the launch of its in-home services solution.
  • From within the Biofourmis platform, providers can now order, schedule, confirm and track a comprehensive range of in-home services and diagnostics such as nursing, phlebotomy, infusion, durable medical equipment, imaging — on-demand.
  • The first-in-market functionality supports Biofourmis Care™ solutions as well as digital clinical trials solution Biofourmis Connect™.
  • The new in-home services capabilities can help health systems overcome internal staffing limitations that otherwise could contribute to care delays that impact clinical outcomes.

Douglas Products Announces Leadership Transition and Welcomes Industry Veteran Andrew Klein as New CEO

Retrieved on: 
Thursday, November 30, 2023
National Pest Management Association, Sale, Acquisition, Columbia University, Dartmouth College, Management

NEW YORK and LIBERTY, Mo., Nov. 30, 2023 (GLOBE NEWSWIRE) -- Douglas Products and Packaging Company , (“Douglas” or the “Company”), a specialty products manufacturer and marketer of high-quality brands in the global agriculture production and structural pest control markets, today announced that pest control industry veteran Andrew Klein has been named as CEO, effective immediately.

Key Points: 
  • NEW YORK and LIBERTY, Mo., Nov. 30, 2023 (GLOBE NEWSWIRE) -- Douglas Products and Packaging Company , (“Douglas” or the “Company”), a specialty products manufacturer and marketer of high-quality brands in the global agriculture production and structural pest control markets, today announced that pest control industry veteran Andrew Klein has been named as CEO, effective immediately.
  • Douglas is a portfolio company of Brightstar Capital Partners (“Brightstar”), a middle market private equity firm.
  • "I am honored to have the opportunity to lead a dynamic and forward-thinking company like Douglas,” said Klein.
  • "We appreciate Wes’ leadership and are thrilled to welcome Andrew to the Douglas team,” said Bruce Roberson, President, and Chief Operating Officer of Brightstar, which recently completed its acquisition of Douglas.

Marcelo Claure to Co-Lead and Co-Own Open Opportunity Fund in Partnership with Paul Judge

Retrieved on: 
Tuesday, December 19, 2023
Karma, Atomic, Vice, SHEIN, African Americans, LP, SoftBank Group, Research, Sleep, SoftBank Vision Fund, LP record, General partnership, Opportunity Fund, Brex, Partner (business rank), Cryptocurrency

NEW YORK, Dec. 19, 2023 /PRNewswire/ -- Open Opportunity Fund, a venture capital fund dedicated to funding Black- and Latino-founded technology companies, is announcing two significant advancements within the fund.

Key Points: 
  • Marcelo Claure, a technology entrepreneur and investor, is returning to the Open Opportunity Fund as Vice Chairman and General Partner.
  • In less than three years, SoftBank successfully incubated the Opportunity Fund and deployed the initial $100 million into 75 Black- and Latino-led companies.
  • In addition, Claure joins Open Opportunity Fund Chairman, Paul Judge, in the previously announced agreement to acquire an ownership stake in the $100 million Opportunity Fund 1 portfolio from SoftBank.
  • Open Opportunity Fund aims to double in size, raising Fund 2 to a $200 million fund open to LPs and other investors.