Member News, Uncategorized

The Entrepreneurs Report: Private Company Financing Trends

Wilson Sonsini Goodrich & Rosati is pleased to present the latest edition of The Entrepreneurs Report. In this issue, they've compiled a range of data on venture financing transactions in which the firm was involved in 1H 2017, with the objective of identifying relevant trends in activity and valuation levels for the U.S. venture capital industry in general. They also provide data on bridge loans. In addition, They feature an interview with Greg Gottesman, co-founder and managing director of Pioneer...

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Member News, Uncategorized

Stout Advises on Sale of Lloyd Industries, LLC

Stout announced today that its client, Lloyd Industries, LLC (d/b/a LloydPans®), a portfolio company of Centre Lane Partners, LLC (Centre Lane Partners), has been sold to Cornerstone Foodservice Group, Inc., a portfolio company of ShoreView Industries. Stout served as exclusive financial advisor to LloydPans® and Centre Lane Partners in connection with this transaction. Based in Spokane, WA, LloydPans® manufactures branded, off-the-shelf and custom-built commercial-grade cooking, baking, and other products used in consumer and commercial kitchens and restaurants. Customers and end-users...

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Member News, Uncategorized

“Don’t Forget Culture,” by Bill Rhodes

The U.S. Treasury’s recent 147-page report, “A Financial System That Creates Economic Opportunities,” details a rollback of many of the measures imposed to make banking safe and sound after the financial crisis. The proposals include substantial weakening of the Dodd-Frank financial-reform law. At the same time, White House appointments to several bank regulatory agencies are likely to promote measures that result in reductions in bank compliance costs, capital requirements and liquidity constraints. Right now, consideration is also being given in...

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Chapter News, Uncategorized

Investment Plan for Europe: EIB and Santander sign two agreements to support SMEs and finance renewable energy projects

The European Investment Bank (EIB) and Banco Santander have signed two agreements with Investment Plan for Europe guarantees to provide financing for Spanish SMEs and help develop investment in renewable energy. The first of the agreements is a new EIB instrument to spread credit risk across both institutions. This financial instrument will enable Banco Santander to expand its capacity to grant loans to finance new investments from Spanish SMEs, which will be able to benefit from the favourable financing conditions made possible...

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Charities Update: Should Your Charity Consider a Merger?

In an era of intense competition for funding and enhanced governance and regulatory standards, a merger of two or more charities can lead to increased efficiencies and improved services for beneficiaries. We explain the most common merger structures for charities and highlight the potential benefits for charities considering a merger.  What is a merger of charities?   A merger of charities is the joining of two or more charities into one, larger organization.   There are several ways that a merger between charities can...

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Houlihan Lokey Advises Mineral Fusion Natural Brands

Houlihan Lokey is pleased to announce the sale of Mineral Fusion Natural Brands LLC, a portfolio company of North Castle Partners, to BWX Ltd. (ASX:BWX). The transaction closed on June 30, 2017. Mineral Fusion Natural Brands is a leading natural beauty and personal care company and the owner of the market-leading Mineral Fusion brand with the No. 1 position in natural cosmetics. Its innovative collection of antioxidant-enhanced, mineral-rich cosmetics, hair care, body care, skin care, and nail care products are free from...

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Pepper Hamilton Closes more than 20 Deals in the First Quarter of 2017

Pepper Hamilton today announced results of the deals closed during the first quarter, ending March 31, 2017. The firm counseled on more than 20 deals with combined transaction values in the billions, including a $1.4 billion merger between American Realty Capital – Retail Centers of America, Inc. and American Finance Trust, Inc. “The results of these significant transactions throughout the first quarter are a testament to our commitment to the essentials of our client service — client-centric market knowledge and...

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Chapter News, Uncategorized

Europe Passes Last Hurdle to End Mobile Roaming Fees on June 15

The European Council yesterday adopted the legal act that limits how much mobile operators can charge each other — the final step in the multi-stage, multi-year process for the region’s lawmakers to agree an end to roaming charges for citizens. The ‘roam like at home’ policy will come into affect across the European Union from June 15. A preliminary deal to end charges for EU citizens’ using their mobile device in another European country other than their own was agreed in June 2015. This February final agreement was reached between the executive...

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The Foundations of our Freedom: How global institutions uphold our international order

  By Sally A. Painter As the European Union celebrates the 60th anniversary of the Treaty of Rome, it is impossible to ignore that the fate of international institutions in the West is in question. Whether in the form of Brexit, Trump, governments in Hungary and Poland, or populist candidates across Europe, antipathy and distrust towards international institutions and multilateral arrangements has brought new calls for the re-nationalization of state authority, sovereignty, and local identity. How did we get here? International institutions and...

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Chapter News, Uncategorized

Current Challenges to the Euro Area: A German Perspective

Speech by Dr Andreas Dombret, Member of the Executive Board of the Deutsche Bundesbank, Columbia University, New York: Ladies and gentlemen, It is a great pleasure to be here at Columbia University today. It is an excellent occasion to cherish the transatlantic exchange of ideas – something that has accompanied me throughout my entire career and from which I personally have always benefited. For the next half an hour, I am going to talk about the current challenges in the euro area. I...

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