Member News - October 2019



  1. ACG Philadelphia member, Ellen Purdy, Chief Financial Officer of Office Practicum joined the ACG Global Board of Directors.
  2. Alan Kaplan and Carol Johnson, former President and COO of AlliedBarton Security Services sat down to discuss 'Becoming the Best CEO: Journey to the Boardroom' in Kaplan Partners latest video series.
  3. AMETEK to Acquire Gatan from Roper Technologies for $925M
  4. Scott Balestrier Joins BDO in Philadelphia as Tax Office Managing Partner
  5. Boathouse Capital Completes Investment in Splashlight **Chong Moua
  6. Boenning & Scattergood rendered a fairness opinion to Sandy Spring Bancorp who Announced Definitive Agreement to Acquire Revere Bank *Jim McCormick
  7. Duane Morris Represented Stonemor Partners in its $447.5 million recapitalization transaction, consisting of a $385 million private placement of 9.875% Senior Secured PIK Toggle Notes to various noteholders and concurrent private placement of $62.5 million of liquidation value of Series A Convertible Preferred Units of the Partnership to Axar Capital Management.
  8. Duane Morris Represented Catalent Biologics Paragon Gene Therapy unit, the leading viral vector development and manufacturing partner for gene therapies, in its acquisition of manufacturing equipment and related assets from, and strategic partnership with, Novavax, Inc. 
  9. Duane Morris Represented iAnthus Capital Holdings, Inc. in its acquisition of CBD For Life, a top-ranked producer of innovative CBD-infused wellness, self-care, and beauty products.
  10. Eureka Equity Partners announces the additions of Keith Corliss and Melanie Labate to the Eureka team. 
  11. Graham Partners has announced that it has invested in VPET USA, LLC.
  12. Graham Partners Acquires Leading Provider of Integrated Loss Prevention Technology Solutions, Gatekeeper Systems, Inc. **Rob Newbold
  13. Guardian Capital Partners Adds TraumaFX to its Portfolio Company, Tactical Medical Solutions **Christopher Fugaro
  14. LLR Partners adds to their porfolio with an HR technology investment: Corestream is a SaaS platform for voluntary benefits administration. **Sasank Aleti 
  15. LLR Partners adds DaySmart Software to their portfolio! DaySmart is a provider of integrated business management software to the salon, pet care, spa and tattoo industries.
  16. LLR Partners welcomed Geoff Baird as Senior Managing Director of LLR's Value Creation Team!
  17. LLR Partners had a stellar Q3 with portfolio additions, exits, add-ons, new hires and more!
  18. Mufson Howe Hunter shares Oct '19 Business Services Update. Check out current market trends, important developments, news, analyis & M&A activity within the industry.
  19. NewSpring Capital Completes Investment in Leading Product Cost Management Software Provider aPriori  **Michael DiPiano
  20. NewSpring Completes Investment in Food Manufacturer Joseph’s Frozen Foods *Andrew Panzo

  21. NewSpring Further Supports Portfolio Company Vacasa by Participating in a $319 Million Series C Investment Round

  22. Why Philadelphia’s hard-working mentality is key to its business innovation success - by Michael DiPiano

  23. NewSpring Completes Investment in Leading Integration Platform-as-a-Service Provider, Celigo

  24. NewSpring Exits Portfolio Company Yorktel

  25. NewSpring Capital Principal, Hart Callahan, provides a look into NewSpring’s growth equity investment in leading cost management software provider aPriori; another example of an innovative company transforming its industry.
  26. Pepper Hamilton Represents IndustrySafe, LLC, a Leading Safety Management Software Provider, in their Acquisition by, LLC.  **Bruce Fenton, James Hipolit         
  27. Pepper Hamilton Represents Instamed Holdings, Inc., a leader in the healthcare payments industry. in their Acquisition by JPMorgan Chase & Co. **Bruce Fenton, Erica Wilson,       
  28. Pepper Hamilton Represents Kordsa, Inc. in the Acquisition of Axiom Materials Acquisition, LLC,  a global leader in advanced composites development and manufacturing. **Dan McDonough          
  29. Pepper Hamilton Represents Five Arrows Managers (USA) LLC in the Equity Recapitalization of Averhealth, a Leading Provider of Substance Use Disorder (SUD) Treatment Monitoring, Care Management and Related Support Services.   ** Joseph Kadlec, James Hipolit      
  30. Pepper Hamilton Represents AMETEK, INC. in the Acquisition of Pacific Design Technologies, Inc. (PDT), a leading provider of advanced, mission-critical thermal management solutions.
  31. Pepper Hamilton Represents Hamilton Lane in their sale of Leverpoint Management, LLC to GTCR.  
  32. Raymond James advises Oasis International in its sale to Culligan Water. The Raymond James Water Investment Banking Team has closed 18 water-related transactions since January 2016.
  33. SSG Capital Advisors Advises Rocket Air Supply in the Sale of all of its Interests *Mark Chesen, Matthew DiTosto
  34. SSG Capital Advisors Advises True Health Diagnostics in the Sale of Select Assets to Cleveland HeartLab **Craig Warznak, Matthew DiTosto
  35. SSG Capital Advisors Advises Mairec Precious Metals U.S., Inc. in the Sale of Substantially All of its Assets to BASF Corporation **Matthew DiTosto
  36. Double member news! White and Williams Represents Boathouse Capital in Investment in Finch, a Paid Digital Media Automation Platform **Ryan Udell, Patrick Devine 
  37. White and Williams Represents CRP Industries in the Sale of Its Automotive Belt Business to German-owned Continental A.G  **Tarik Abdel-Meguid