Expands wireless infrastructure capabilitiesTORONTO and CHICAGO, May 05, 2025 (GLOBE NEWSWIRE) -- Leading diversified professional services and investment management company, Colliers (NASDAQ, TSX: CIGI), announced today that its Colliers Engineering & Design (“Colliers Engineering”) division has acquired Terra Consulting Group, LLC (“Terra”), a specialty telecommunications infrastructure engineering firm based in Chicago, Illinois. This acquisition strengthens Colliers Engineering’s footprint in the Midwes ...

STOCKHOLM, SWEDEN - BTS Group AB (publ), a leading global consultancy specializing in strategy execution, change, and people development, has agreed to acquire Nexo Pesquisa e Consultoria Ltda., Nexo, a boutique consulting firm headquartered in São Paulo, Brazil. Nexo has been growing continuously since it was founded in 2017. With revenues of approximately 12 million Brazilian Reales (approx. 2.1 million USD) in 2024, and a highly capable team of 21 members, Nexo has built a strong reputation for deliverin ...

Financial Data and Key Metrics Changes - Normalized FFO increased by 67.4% year-over-year to $77,800,000, while normalized FAD rose by 66% to $80,800,000 [16] - On a per share basis, normalized FFO increased by $0.07 or 20% to $0.42, and normalized FAD increased by $0.06 or 16.2% to $0.43 [16] Business Line Data and Key Metrics Changes - In Q1, the company completed three new investments totaling over $47,000,000 at a yield of approximately 10% [11] - Year-to-date investment total reached approximately $82,000,000 at a yield of approximately 10% [12] Market Data and Key Metrics Changes - The acquisition of Care REIT will diversify the company's business, reducing U.S. Skilled Nursing concentration to approximately 49% by property count and 63% by rental income [7] - The investment pipeline currently sits at approximately $500,000,000, primarily consisting of skilled nursing facilities and senior housing opportunities [13] Company Strategy and Development Direction - The strategic acquisition of Care REIT marks the company's entry into the UK market and is expected to be accretive in year one [9] - The company aims to leverage its strong balance sheet and access to capital to pursue growth opportunities in both the U.S. and UK markets [10] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the strength of the overall portfolio, with a focus on monitoring potential Medicaid cuts while maintaining bipartisan support for senior care [25] - The company anticipates a strong investment pipeline in the UK, although it may take time to mature [62] Other Important Information - The company raised guidance for normalized FFO per share to $1.69 to $1.73 and for normalized FAD per share to $1.73 to $1.77 for the year [17] - Liquidity remains strong, with a net debt to normalized EBITDA ratio of 0.5 times and a fixed charge coverage ratio of 15.2 times [20] Q&A Session Summary Question: Comments on macro expectations regarding policy and provider taxes - Management stated there is no significant change in outlook regarding potential Medicaid cuts and continues to monitor the budget process [25] Question: Conditions for entering into a debt investment - The company prioritizes acquisitions but may consider debt investments if they build strategic relationships that lead to future growth [27] Question: Changes to annualized earnings or FAD accretion from the Care REIT transaction - Management indicated that detailed answers would be provided after the deal announcement [32] Question: Reasonable volume or investment pipeline for the UK market - The pipeline in the UK is expected to take time to mature, with a range of cap rates potentially wider than in the U.S. [34] Question: Update on the performance of properties over the last six to nine months - Management indicated that they are still waiting for financial disclosures from operators but feel confident about the overall portfolio performance [39] Question: Access to financing for operators - Management reported no significant challenges in access to financing for operators at this time [80]

Skyward Specialty Insurance Group (SKWD) Q1 2025 Earnings Call May 02, 2025 09:30 AM ET Company Participants Natalie Schoolcraft - VP - IRAndrew Robinson - CEO & Chairman of BoardMark Haushill - Executive VP & CFOMatt Carletti - Managing DirectorMeyer Shields - Managing DirectorC. Gregory Peters - Managing Director - InsuranceAndrew Kligerman - Managing Director Conference Call Participants Alex Scott - Equity Research AnalystMark Hughes - AnalystMike Phillips - Managing Director and Insurance Analyst Opera ...

Plymouth Industrial REIT (PLYM) Q1 2025 Earnings Call May 02, 2025 09:00 AM ET Company Participants John Wilfong - Senior Vice PresidentJeffrey Witherell - Chairman & CEOJames Connolly - Executive Vice President of Asset ManagementAnthony Saladino - President and CFORich Anderson - Managing DirectorEric Borden - Vice President Conference Call Participants Todd Thomas - Managing Director & Equity Research AnalystNick Thillman - Senior Research AnalystMichael Mueller - Analyst Operator Please note today's eve ...

Skyward Specialty Insurance Group (SKWD) Q1 2025 Earnings Call May 02, 2025 09:30 AM ET Speaker0 Ladies and gentlemen, thank you for standing by, and welcome to Skyward Specialty First Quarter twenty twenty five Earnings Conference Call. At this time, all participants are in a listen only mode. After the speakers' presentation, there will be a question and answer session. Please be advised that today's conference is being recorded. I would like now to turn the conference over to Natalie Schoolcraft, Vice Pr ...

MORRISTOWN, N.J., May 02, 2025 (GLOBE NEWSWIRE) -- via IBN -- Authentic Holdings, Inc (OTC:AHRO) has completed the acquisition of Goliath Motion Pictures Entertainment. Chris Giordano President of Authentic Holdings, Inc., stated: "The closing of the Goliath Motion Pictures Promotions' library is a watershed deal for Authentic Holdings, Inc and its shareholders. It not only adds $11 million in tangible assets to our balance sheet, but it will enable us to leverage the content contained in the library with " ...

Core Insights - Preformed Line Products Company (PLP) has acquired J.A.P. Indústria de Materiais para Telefonia Ltda (JAP Telecom), enhancing its position in the South American telecommunications infrastructure market [1][3] - JAP Telecom, founded in 2002, specializes in fiber optic closures, connectivity devices, and infrastructure accessories, serving major telecommunications operators and internet service providers in Brazil [2][5] - The acquisition is expected to provide operational alignment, supply chain efficiencies, and increased production capacity due to JAP Telecom's proximity to PLP's existing facility in Brazil [3] Company Overview - PLP is focused on creating stronger and more reliable networks, providing precision-engineered solutions trusted by energy and communications providers globally [4] - JAP Telecom has established a strong reputation in the telecommunications industry by prioritizing customer needs and maintaining high-quality standards in its product offerings [4][5] Strategic Implications - The acquisition is seen as a strategic move to expand PLP's product offerings and enhance its ability to meet the unique infrastructure needs of customers across South America and globally [3] - PLP aims to leverage the complementary strengths of both companies to boost regional exports and accelerate product development initiatives in South America [4]

Financial Data and Key Metrics Changes - The company reported a total orders growth of 10% with a book to bill ratio of 1.1 times in Q1 2025, while organic orders increased by 3.3% [5][10] - Adjusted EBITDA for the quarter was $460 million, with an adjusted EBITDA margin of 26.8%, and adjusted earnings per share was $0.72 [11][12] - Free cash flow reached a record $223 million for Q1, with total liquidity at $4.2 billion and net leverage at 1.6 times [11][13] Business Line Data and Key Metrics Changes - In the IPS segment, Q1 orders increased by 6% year over year, with organic orders growing by 3.5%, although revenue decreased by 2% [15] - The PST segment saw Q1 orders up 28% year over year, with revenue increasing by 23% driven by M&A, while organic revenue decreased by 3% [17][18] Market Data and Key Metrics Changes - The company noted strong momentum in the Asia Pacific region, particularly in China, with organic orders growth across all regions [15][56] - The company anticipates a tariff impact of approximately $150 million, primarily related to imports from China [19][110] Company Strategy and Development Direction - The company maintains a capital allocation strategy focused on M&A, with an additional $1 billion authorized for share repurchases, bringing the total to $2 billion [7] - The company is committed to achieving 400 to 500 basis points of annualized inorganic revenue growth in 2025, with six transactions already closed this year [8][11] Management's Comments on Operating Environment and Future Outlook - Management expressed a cautious but optimistic view, maintaining total revenue guidance despite strong organic order growth, citing a prudent approach to mitigate risks [20][30] - The company remains focused on leveraging its robust balance sheet to strategically deploy capital and drive shareholder value [24] Other Important Information - The company has implemented pricing actions to offset tariff impacts, with a multi-step approach including list price actions and targeted surcharges [19][50] - Management highlighted the importance of their in-region for region model, which provides a competitive advantage in the current environment [6] Q&A Session Summary Question: Clarification on guidance adjustments - Management confirmed that the adjustments to guidance were precautionary, reflecting a prudent approach to organic volume assumptions [30] Question: Differences in short cycle vs long cycle businesses - Management noted a good balance in order activity across both short and long cycle businesses, with no cancellations observed [32] Question: Outlook for organic growth and revenue seasonality - Management expects organic growth trends to improve in the second half of the year, with a forecast of down approximately 3% to 4% in the first half [40] Question: Impact of tariffs on margins - Management indicated that tariff pricing actions are expected to offset costs, with a neutral impact on margins [44] Question: Demand trends across different product price points - Management reported no significant differences in demand trends across various product price points, emphasizing the importance of ROI for customers [108] Question: Acquisition outlook in the current environment - Management remains optimistic about the M&A pipeline, focusing on bolt-on acquisitions and maintaining a disciplined approach to pricing [60]

Group 1 - Speculation regarding a potential acquisition of Olo by Oracle has led to a rise in Oracle's stock price, which increased by over 3% compared to the S&P 500's 0.6% gain [1] - Olo is reportedly exploring a sale and is working with a financial advisor to gauge interest from potential buyers, including Oracle and Toast [2][3] - The situation is still in its early stages, and no official comments have been made by Olo, Oracle, or Toast regarding the potential sale [3] Group 2 - Oracle has a history of acquisitions in the restaurant technology space, having purchased Micros Systems for $5.3 billion in 2014, indicating its capability to pursue similar deals [4] - Olo's market capitalization is approximately $1.2 billion, which may be a significant investment for a buyer without substantial financial resources [4] - The speculation surrounding Olo's potential sale presents an interesting development for investors in Oracle, Toast, and Olo [5]