HOUSTON, Dec. 19, 2024 /PRNewswire/ — The Sterling Group, a Houston-based, operationally focused middle market private equity firm, is pleased to announce that John Griffin and Claudine Lussier have been promoted to Partner. “We are excited to recognize the extraordinary contributions of John and Claudine,” said Brad Staller, Partner at The Sterling Group. “Each has… Continue reading The Sterling Group Names Two New Partners
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Anil Dua named co-founder of Lectrix EV to drive strategic growth
Lectrix EV, the e-mobility division of SAR Group, has announced the appointment of Anil Dua as Co-Founder. The move is effective immediately. Dua brings over three decades of experience in strategic leadership, digital transformation, and brand development across various industries. Previously, Dua was the Group CEO of Dish TV, where he played a key role… Continue reading Anil Dua named co-founder of Lectrix EV to drive strategic growth
BMW Installs Six Laempe 3D Printers for New Car Production
Core manufacturer Laempe Mössner Sinto has delivered six sand 3D printers to German car manufacturer BMW’s foundry in Landshut, Germany. The fully automated, high-volume binder jet 3D printing production line is optimized for manufacturing sand cores. Developed in partnership with BMW and R.Scheuchl GmbH, the solution streamlines the fabrication process to meet manufacturing standards. According… Continue reading BMW Installs Six Laempe 3D Printers for New Car Production
NewStar Exchange Acquires Newly Constructed Built-to-Rent (“BTR”) Community in Charlotte, North Carolina and Launches New 1031 Delaware Statutory Trust Offering
ATLANTA, Dec. 19, 2024 /PRNewswire/ — NEWSTAR Exchange, a subsidiary of NEWSTAR, announced today that it has acquired Hadley Crossing by Stella Homes, a single-family rental subdivision located in Charlotte, North Carolina, and launched a new Delaware Statutory Trust offering for accredited investors seeking to complete like-kind exchanges under IRC Section 1031. The property was… Continue reading NewStar Exchange Acquires Newly Constructed Built-to-Rent (“BTR”) Community in Charlotte, North Carolina and Launches New 1031 Delaware Statutory Trust Offering
Sara Lee® Bread and U.S. Hunger Uncover Hidden Realities of Food Insecurity Through ‘Empty Tables: The Hidden Reality of Food Insecurity’ Report
New report reveals Americans’ desire to help fight food insecurity, yet many are unaware of the significant impact it has on families across the country HORSHAM, Pa., Dec. 19, 2024 /PRNewswire/ — As part of their multi-year partnership in the fight against hunger, Sara Lee® Bread and U.S. Hunger have released new survey findings that… Continue reading Sara Lee® Bread and U.S. Hunger Uncover Hidden Realities of Food Insecurity Through ‘Empty Tables: The Hidden Reality of Food Insecurity’ Report
NEWSTAR Announces New Single-Family Rental Neighborhood Development in Charlotte, North Carolina
ATLANTA, Dec. 19, 2024 /PRNewswire/ — NEWSTAR announced today that it has acquired 23 acres on Harrisburg Road in Charlotte, North Carolina, planned for development with 159 homes in a new single-family rental subdivision known as Long Farm. This project expands NEWSTAR’s Charlotte portfolio to more than 500 single-family lots and homes in various stages… Continue reading NEWSTAR Announces New Single-Family Rental Neighborhood Development in Charlotte, North Carolina
Sculptor Closes CLO XXXIV Totaling $408 million
“This closing caps an incredibly successful year for our ICS business, issuing or refinancing a total of 13 CLOs” said Jimmy Levin, Sculptor’s CIO and Executive Managing Partner NEW YORK, Dec. 19, 2024 /PRNewswire/ — Sculptor Capital Management, Inc. (“Sculptor” or the “Firm”) today announced the closing of Sculptor CLO XXXIV (SCLO 34), a $408 million collateralized loan… Continue reading Sculptor Closes CLO XXXIV Totaling $408 million
AAR resolves Foreign Corrupt Practices Act investigations with the DOJ and SEC
Forward-looking statements This press release contains certain statements relating to future results, which are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995, which reflect management’s expectations about future conditions, including, but not limited to, funding the payments required pursuant to the resolution of the DOJ and SEC… Continue reading AAR resolves Foreign Corrupt Practices Act investigations with the DOJ and SEC
Hydro One expands transmission ownership in northern Ontario
TORONTO, Dec. 19, 2024 /PRNewswire/ – Hydro One Limited (Hydro One) announced today that its wholly-owned subsidiary, Hydro One Networks Inc., has entered into an agreement to purchase an approximately 48 per cent interest in the East-West Tie Limited Partnership from affiliates of OMERS Infrastructure Management Inc. (OMERS) and Enbridge Transmission Holdings Inc. (Enbridge). The… Continue reading Hydro One expands transmission ownership in northern Ontario
Security First Insurance partners with Embark MGA to enter the New Home Builder insurance channel with the launch of an innovative HO5 Product in Florida
ORLANDO, Fla., Dec. 19, 2024 /PRNewswire/ — Security First Insurance, based in Florida, and Embark MGA, Florida insurance experts, join forces to launch a modern HO5 homeowners’ insurance program designed exclusively for new home builders to have an affordable, turnkey insurance option for home buyers. This innovative homeowners’ insurance solution combines enhanced coverage options tailored… Continue reading Security First Insurance partners with Embark MGA to enter the New Home Builder insurance channel with the launch of an innovative HO5 Product in Florida