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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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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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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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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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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