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Arthur J. Gallagher & Co. Acquires First Actuarial
Prnewswire· 2025-12-02 09:00
Accessibility StatementSkip Navigation "First Actuarial is a highly regarded firm that expands our pension service capabilities in the UK and complements our employee benefits consulting operations," said J. Patrick Gallagher, Jr., Chairman and CEO. "I am very pleased to welcome David and his associates to our growing, global team." Arthur J. Gallagher & Co. (NYSE: AJG), a global insurance brokerage, risk management and consulting services firm, is headquartered in Rolling Meadows, Illinois. Gallagher provi ...
NameSilo Technologies Corp. Enters Letter of Intent to Acquire 100% of Reach Systems Inc.
Prnewswire· 2025-11-26 12:00
Accessibility StatementSkip Navigation CSE: URL / OTC: URLOF VANCOUVER, BC, Nov. 26, 2025 /PRNewswire/ - NameSilo Technologies Corp. (CSE: URL) (PINKSHEETS: URLOF) (the "Company") is pleased to announce that it has entered into a letter of intent (the "LOI") to acquire 100% of the issued and outstanding shares of Reach Systems Inc. ("Reach") based in Nanaimo, British Columbia, Canada. Reach Systems Inc. is a Canadian-based engineering and manufacturing firm that specializes in the design and assembly of rem ...
Silver Point Leads Financing of Acquisition of Goodyear Chemical by Gemspring Capital
Prnewswire· 2025-11-05 20:52
Core Insights - Silver Point Capital announced its role as a Joint Lead Arranger in a $450 million secured term loan financing for Gemspring Capital Management's acquisition of Goodyear Chemical [1][4] - The acquisition includes two chemical facilities located in Houston and Beaumont, Texas, along with a research office in Akron, Ohio, while Goodyear retains its facilities in Niagara Falls, New York, and Bayport, Texas [2] Company Overview - Goodyear Chemical is a prominent producer of synthetic rubber, providing a diverse product portfolio that serves major customers across North America, including leading tire manufacturers [3] - The product offerings from Goodyear Chemical cater to various end markets such as food, medical, sporting goods, thermoset plastics, adhesives, packaging, and other consumer and industrial applications [3] Financial and Operational Details - Gemspring Capital, based in Westport, Connecticut, manages $5.1 billion in capital and focuses on providing flexible capital solutions to middle-market companies with revenues up to $2 billion [5] - Silver Point Capital, founded in 2002, oversees $41 billion in investable assets and has a dedicated Direct Lending business managing over $16 billion, offering customized financing solutions across various industries [6]
Arthur J. Gallagher & Co. Acquires Tompkins Insurance Agencies, Inc.
Prnewswire· 2025-11-03 14:00
Core Insights - Arthur J. Gallagher & Co. has announced the acquisition of Tompkins Insurance Agencies, enhancing its brokerage capabilities in the Northeast region [1][3]. Company Overview - Tompkins Insurance Agencies is based in Batavia, New York, and offers a comprehensive range of property/casualty insurance products and employee benefits services in New York and Pennsylvania [2]. - The acquisition will allow Tompkins Insurance Agencies to continue operating under its current leadership, with David Boyce remaining as president [2]. Financial Details - The pro forma revenues and EBITDAC of Tompkins Insurance Agencies for the trailing 12 months ending June 30, 2025, were approximately $40 million and $16 million, respectively [3]. - Gallagher will acquire Tompkins Insurance Agencies for $183 million, which includes a discounted tax benefit of about $40 million [3].
Sandstorm Gold Royalties Closes Arrangement with Royal Gold
Prnewswire· 2025-10-20 11:30
Core Viewpoint - Sandstorm Gold Ltd. has completed its arrangement with Royal Gold, Inc., resulting in Royal Gold acquiring all outstanding common shares of Sandstorm [1][2]. Summary by Sections Arrangement Details - Sandstorm shareholders received 0.0625 of a share of Royal Gold for each Sandstorm Share held as part of the arrangement [2]. - The Sandstorm Shares are expected to be delisted from both the Toronto Stock Exchange and the New York Stock Exchange within two to three business days following the announcement [3]. - Sandstorm will apply to cease being a reporting issuer in applicable jurisdictions and will deregister its shares under the U.S. Securities Exchange Act of 1934 [3]. Shareholder Instructions - Shareholders are advised to review the Management Information Circular dated September 8, 2025, for details on receiving the consideration for their shares [4][5]. - Registered shareholders must complete and return the letter of transmittal along with their share certificates to Computershare Investor Services Inc. [5]. - Non-registered shareholders should contact their intermediaries for instructions on receiving the consideration [5]. Additional Information - Due to the ongoing Canada Post strike, registered shareholders are encouraged to use courier services or hand deliver their documentation to the depositary [6].
Arthur J. Gallagher & Co. Acquires Strategic Services Group, Inc.
Prnewswire· 2025-10-16 13:00
Core Insights - Arthur J. Gallagher & Co. has acquired Strategic Services Group, Inc., a Michigan-based employee benefits consulting firm, although the terms of the transaction were not disclosed [1][2]. Company Overview - Strategic Services Group specializes in employee benefits consulting services across various industries in Michigan and the Midwest [2]. - The team led by Doug Roehm and Greg Sudderth will continue to operate from their current location under the leadership of Brian Lomas, who oversees Gallagher's Great Lakes region employee benefits consulting and brokerage operations [2]. Strategic Implications - The acquisition is expected to enhance Gallagher's employee health benefits consulting capabilities in the region, as noted by J. Patrick Gallagher, Jr., Chairman and CEO [3]. - Gallagher operates globally, providing insurance brokerage, risk management, and consulting services in approximately 130 countries [3].
WESTERN MIDSTREAM COMPLETES ACQUISITION OF ARIS WATER SOLUTIONS
Prnewswire· 2025-10-15 15:04
Core Points - Western Midstream Partners, LP has completed the acquisition of Aris Water Solutions, Inc, enhancing its position as a leading midstream flow-assurance provider in the Delaware Basin [2][3] - The merger allows Western Midstream to better address the challenges faced by producer customers in Texas and New Mexico regarding produced-water management [2] Acquisition Details - Each share of Aris Class A common stock and corresponding units was converted into either 0.625 common units of WES, $25.00 in cash, or a combination of 0.450 common units and $7.00 in cash [2][3] - Approximately 28% of the total merger consideration will be in cash, totaling $415.0 million, while about 72% will be in common units, amounting to approximately 26.6 million units [3] Company Overview - Western Midstream operates midstream assets across Texas, New Mexico, Colorado, Utah, and Wyoming, focusing on natural gas and produced water management [4] - The company’s cash flows are largely protected from commodity price volatility through fee-based contracts, providing stability in operations [4]