Month: June 2021

Mueller Water Products Acquires i2O Water Ltd

Written by Customer Service on June 14, 2021. Posted in Mergers And Acquisitions.

Acquisition expands and accelerates pressure management solutions and analytics portfolio ATLANTA, June 14, 2021 (GLOBE NEWSWIRE) — Mueller Water Products, Inc. (NYSE: MWA) today announced that it has acquired i2O Water Ltd (“i2O Water”), a provider of pressure management solutions for approximately $20 million in cash. i2O Water delivers intelligent water networks to more than 100 water companies in over 45 countries around the world to reduce water loss by providing solutions that enable clients to instrument, analyze and control water networks to reduce leakage, lower energy consumption and improve supply. Founded in 2005, i2O Water is headquartered in Southampton, UK, with operations in Malaysia and Colombia. i2O Water provides a range of market-leading intelligent water network solutions including Advanced Pressure Management,...

First Commonwealth Bank Announces Entry into Equipment Finance Business

Written by Customer Service on June 14, 2021. Posted in Public Companies.

INDIANA, Pa., June 14, 2021 (GLOBE NEWSWIRE) — First Commonwealth Bank announced today that they will enter the equipment leasing and finance business with the addition of Rob Boyer to its executive team as President of First Commonwealth Equipment Finance Group. Boyer brings a wealth of industry knowledge with 26 years in the equipment finance space as he starts, develops and leads the Bank’s entry into the small ticket equipment finance business. T. Michael Price, CEO of First Commonwealth, states that, “It is an honor to have someone with Rob’s experience on our team. As an icon in the industry, Rob brings vast experience in running an autonomous, multi-faceted equipment finance business seamlessly within a banking environment.” In addition to Boyer’s robust knowledge of the business and vast network of industry contacts, he...

Petrus Resources Announces Extension to Credit Agreements

Written by Customer Service on June 14, 2021. Posted in Public Companies.

CALGARY, Alberta, June 14, 2021 (GLOBE NEWSWIRE) — Petrus Resources Ltd. (“Petrus” or the “Company”) (TSX: PRQ) announces its syndicate of lenders has extended the borrowing base termination date on its senior revolving credit facility agreement from June 14, 2021 to June 30, 2021. Its second lien term loan provider has also extended the maturity date of the Company’s term loan from August 16, 2021 to August 31, 2021. The Company continues to be in discussions with the bank syndicate on a one-year extension to the credit facility, as well as with its term loan provider on an additional extension to the term loan. While discussions are ongoing, there is no certainty, nor can the Company provide any assurance that, any further extension to the credit facility or term loan will be completed. Petrus currently...

Douglas Dynamics Finalizes New Term Loan A and Revolving Credit Facilities

Written by Customer Service on June 14, 2021. Posted in Public Companies.

MILWAUKEE, June 14, 2021 (GLOBE NEWSWIRE) — Douglas Dynamics, Inc. (NYSE: PLOW), North America’s premier manufacturer and upfitter of work truck attachments and equipment, today announced that it has refinanced its existing $375 million in senior secured credit facilities with a new $225 million Term Loan A facility and $100 million senior secured revolving credit facility due June 2026. “We believe this refinancing transaction provides us with the right capital structure to successfully execute our future growth strategies for the foreseeable future. The new facilities reduce our overall debt profile, reinforce our robust financial position, and ensure we have the flexibility to invest in the business, and still pursue external growth opportunities in the years ahead,” explained Sarah Lauber, Chief Financial Officer. The proceeds...

Revive To Present at the H.C. Wainwright Psychedelics in Psychiatry and Beyond Virtual Conference

Written by Customer Service on June 14, 2021. Posted in Public Companies.

TORONTO, June 14, 2021 (GLOBE NEWSWIRE) — Revive Therapeutics Ltd. (“Revive” or the “Company”) (CSE: RVV, USA: RVVTF, Frankfurt: 31R), a specialty life sciences company focused on the research and development of therapeutics for medical needs and rare disorders, today announced that Derrick Welsh, COO of Psilocin Pharma Corp., a division of the Company, will be presenting at the H.C. Wainwright Psychedelics in Psychiatry and Beyond Virtual Conference on June 17, 2021. The corporate presentation will be available on-demand starting at 7:00 am ET. For more information about this event and to attend, visit: https://hcwevents.com/psychedelics/. For more information on Revive, visit http://www.revivethera.com/. About Revive Therapeutics Ltd. Revive is a life sciences company focused on the research and development of therapeutics for...

Costamare Inc. Announces Acquisition of Dry Bulk Vessels

Written by Customer Service on June 14, 2021. Posted in Mergers And Acquisitions.

MONACO, June 14, 2021 (GLOBE NEWSWIRE) — Costamare Inc. (the “Company”) (NYSE: CMRE) announced today the acquisition of 16 dry bulk vessels of between 33,000 and 85,000 DWT, with an average age of 10 years. The vessels are currently operating in the spot market. Two of the ships have been delivered with the rest of the vessels expected to be delivered latest by January 2022. Gregory Zikos, Chief Financial Officer of the Company, said: “We are pleased to announce the acquisition of dry bulk vessels. We have decided to invest in a liquid sector with strong fundamentals that provide enhanced return opportunities for our shareholders. The ships will be managed through our existing platform headed and enriched by the dry bulk Onassis team, who will be joining Costamare in July. The acquisitions will initially be funded with cash on...

Freehold Royalties Ltd. Declares Dividend for June 2021

Written by Customer Service on June 14, 2021. Posted in Dividend Reports And Estimates.

CALGARY, Alberta, June 14, 2021 (GLOBE NEWSWIRE) — Freehold Royalties Ltd. (Freehold) (TSX: FRU) announces that its Board of Directors has declared a dividend of Cdn. $0.04 per common share to be paid on July 15, 2021 to shareholders of record on June 30, 2021. These dividends are designated as “eligible dividends” for Canadian income tax purposes. Freehold’s focus is on acquiring and managing oil and gas royalties. Freehold’s common shares trade on the Toronto Stock Exchange in Canada under the symbol FRU. For further information, contact: Freehold Royalties Ltd.Matt DonohueManager, Investor Relations & Capital Marketst. 403.221.0833f. 403.221.0888tf. 1.888.257.1873e. mdonohue@rife.com w. www.freeholdroyalties.com

BRP Group, Inc. Enters Into Agreement to Acquire RogersGray, Inc.

Written by Customer Service on June 14, 2021. Posted in Mergers And Acquisitions.

– Adds $38.8 Million1 of Revenue, Representing BRP Group’s Largest Announced Partnership to date in 2021 and Fourth “Top 100” Partnership since the beginning of 4Q’20 – – Significantly Expands BRP Group’s Middle Market and MainStreet Presence in New England – – Strong Track Record of Growth; +19%2 Year-Over-Year Revenue Growth in 2020 – – Monomoy Homeowners MGA adds to the Product Suite of BRP Group’s MGA of the Future Platform – – Brings BRP Group’s Total Revenue from 2021 Announced Partnerships to $47 Million3 – TAMPA, Fla., June 14, 2021 (GLOBE NEWSWIRE) — BRP Group, Inc. (“BRP Group” or the “Company”) (NASDAQ: BRP), an independent insurance distribution firm delivering tailored insurance solutions, today announced that Baldwin Krystyn Sherman Partners, LLC (“BKS...

Talaris Therapeutics Announces First Quarter 2021 Financial Results and Provides Business Update

Written by Customer Service on June 14, 2021. Posted in Earnings Releases And Operating Results.

BOSTON and LOUISVILLE, Ky., June 14, 2021 (GLOBE NEWSWIRE) — Talaris Therapeutics, Inc. (Nasdaq: TALS), a late-clinical stage cell therapy company developing therapies with the potential to transform the standard of care in solid organ transplantation, certain severe autoimmune diseases, and certain severe non-malignant blood, immune and metabolic disorders, today reported financial results for the three-month period ended March 31, 2021, and provided an update on its business. “Following our successful IPO, we are well financed into 2025 and very focused on program execution,” stated Scott Requadt, Chief Executive Officer of Talaris. “With our open-label, registrational Phase 3 trial in living donor kidney transplant, FREEDOM-1, already underway, two additional open-label Phase 2 trials initiating later this year, and multiple...

Lifetime Brands to Present at Oppenheimer 21st Annual Consumer Growth and E-Commerce Conference on June 15, 2021

Written by Customer Service on June 14, 2021. Posted in Public Companies.

GARDEN CITY, N.Y., June 14, 2021 (GLOBE NEWSWIRE) — Lifetime Brands, Inc. (NasdaqGS: LCUT), a leading global designer, developer and marketer of a broad range of branded consumer products used in the home, will present at the Oppenheimer 21st Annual Consumer Growth and E-Commerce Conference on Tuesday, June 15, 2021. Lifetime Brands Chief Executive Officer Robert Kay and Chief Financial Officer Laurence Winoker will present at 4:35 PM ET. The Company’s presentation and a recording of the event can be accessed by clicking on the following link: https://wsw.com/webcast/oppenheimer14/lcut/2797080 Lifetime Brands, Inc.Lifetime Brands is a leading global designer, developer and marketer of a broad range of branded consumer products used in the home. The Company markets its products under well-known kitchenware brands, including Farberware®,...

Month: June 2021

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