Board directors are stewards for shareholders and overall advisors to management on strategic direction.  This is not just a quaint notion. They exist to serve as a check and balance on management to assure that corporate actions are in the best interests of the company and its shareholders.  Further, by regulation, as corporations approach insolvency, [...]

As we enter the new year, ACG Boston is pleased to announce its membership is strong and growing!  Please join us in welcoming the following new members:
Thomas Baker, RFA, Inc.
Matthew Calistri, Gerson Lehrman Group
Matthew Carroll, WestView Capital Partners
William Crean, CB Richard Ellis
Kate Ferenczy, DiCicco, Gulman & Company LLP
Cristopher Goldsmith, OneAccord Partners
Aaron Hirschhorn, Monitor Clipper [...]

Carter Morse & Mathias today announced that SureSource LLC, a portfolio company of Veronis Suhler Stevenson, a leading private equity investor, has acquired a leading consumer electronics online retailer. Carter Morse & Mathias was the exclusive financial advisor to the Company. Terms of the transaction, which closed in late 2008, were not disclosed.
The Company is [...]

by “Should Have Been There” guest blogger, Larry Blumsack, President, Zoka Institute
It was quite an eye opening journey on the history of Private Equity that Vik Raina, Managing Director of Boston Ventures, took attendees at the ACG DealMakers Breakfast on January 15th. He woke up the audience with a straight forward, no holds barred, factual [...]

At the risk of continuing to receive some hate mail from one or two detractors who think I am alternatively naïve or possibly even socialist, I dedicate this column to the notion that this week we can by force of will begin to push ourselves and this economy in the direction of optimism. Am I [...]

TM Capital Corp., a leading privately held investment and merchant banking firm, is pleased to announce that Jonathan L. Krieger has joined the firm as a Principal based in the New York office.  Mr. Krieger will lead the firm’s efforts in the healthcare information technology (HIT) sector within its Technology Practice Group.
“We are excited about [...]

Covington Associates, a Boston-based specialty investment banking firm, announced the promotions of David Anderson and Mike Kent to Director.  David and Mike both previously served as Vice Presidents.
David joined Covington Associates in 2004. He works as part of the Covington healthcare investment banking team with a particular focus on emerging medical technologies, healthcare information technology, [...]

The shareholders of Ambient Air LLC successfully spun out a separate operating company, Peaden Hobbs Mechanical LLC, to pursue performance-bonded construction projects on a much larger scale in the Company’s Southeast market.  Simultaneous with the creation of PHM, Ambient Air refinanced its revolving credit facility and term loan with a new senior lender to support [...]

The Boeing Company has completed its acquisition of Digital Receiver Technology, Inc., a Germantown, Md-based company, to enhance its wireless surveillance capabilities and expand its presence in the growing intelligence market. DRT will operate within Boeing Integrated Defense Systems’ Network & Space Systems unit. Terms of the transaction were not disclosed.
The Boeing Company is the [...]

Harris Williams & Co.’s clients celebrated the holidays early as they closed eight deals in the last forty-five days of 2008. In the face of turbulent economic conditions and the continued contraction of the credit market, Harris Williams & Co. worked diligently to successfully complete clients’ transactions before ringing in 2009.
2008 was a year that [...]