May 22 - ACG New York - First Annual Golf & Tennis Outing in Long Island May 22 - ACG Minnesota - ACG MN Luncheon Featuring The State of Manufacturing May 22 - ACG Columbus - May Awards Event May 22 - ACG Washington, D.C. & Metro Area - Seminar Series - Achieving Organic and M&A Growth Thru Pay for Performance Strategies May 22 - ACG Philadelphia - Corporate Development Workshop: Private Equity Experiences & Phillies Game (Informational Link) May 22 - ACG Philadelphia - Private Equity Workshop & Phillies Game (Registration Link) May 22 - ACG San Francisco - PEG Event: "Pampered Pets: Nobody's Putting The Dog On The Roof Anymore" May 22 - ACG San Diego - BrownBag May 22
Growth-oriented professionals from across the globe converged in Dallas for the premier middle-market mergers and acquisitions conference. InterGrowth, the conference for middle-market growth professionals, attracted nearly 2,000 attendees to the Gaylord Texan in Dallas, Texas. The event is run by the Association for Corporate Growth (ACG), a global organization focused on driving middle-market growth. For photos of the event, click here. Click here to read the full news release.
The summer saw a lull in U.S. private equity activity as the normal summer slowdown was magnified by macro events and uncertainties in Washington, Europe and the overall global economy. Deal flow during the third quarter was slow compared to the first half of 2011, but with a total of 336 completed U.S. private equity deals totaling $31 billion of invested capital, it was not too far away from the quarterly averages (398 deals, $28 billion of investment) seen over the last three years. Exit activity in the third quarter also came in at about par with recent averages at 101 completed exits during the quarter, as PE firms continue to wait for their companies to reach full potential before selling them. PE fundraising experienced a summer lull as well, with only 27 private equity funds reaching a final close on a total of $17 billion during the third quarter. Click here for the full report
To meet your needs and to help facilitate Access Anytime, Business AnywhereSM, ACG is proud to announce the launch of an application that provides members with mobile access to the ACG Member Directory and to the Calendar of Events for all ACG chapters. The ACG app is available for iPhone/iPad/Blackberry/Android platforms. Thousands of member-to-member searches are done on the ACG website every day. The new ACG mobile app makes searching and accessing member profiles easier than ever before, enabling both general and advanced searches of the ACG member database. (Note: Searching the ACG member directory is an exclusive members-only benefit.) You will also be able to use the mobile app to register for ACG events. With more than 1,000 chapter events around the globe every year, you are never far from the people and knowledge you need to succeed. To download the ACG mobile app, click here or search "Association for Corporate Growth" on the Apple App Store, Android Market or Blackberry App World. Click here to download the app now.
JOBS Act Passes Senate, Heads back to House
On Thursday, March 22, the U.S. Senate approved the JOBS Act, a collection of bills that eases federal regulations and helps facilitate small businesses and startup companies to access capital. It establishes a new category of privately-held companies, "Emerging Growth Companies" and reduces the regulatory burden of going public. As the bill was altered to provide more stringent safeguards for investors, the bill returns to the House of Representatives prior to being sent to the President for his signature.