Association for Corporate Growth Announces the 2010-2011 Global Board of Directors
The Association for Corporate Growth (ACG), the global organization for middle market M&A dealmakers and business leaders focused on driving growth, announced today its officers and Board of Directors for 2010-2011, effective July 1, 2010. Michael A. Carr, Partner at BAC Investments, LLC in Los Angeles will assume the role of ACG 2010-2011 Board Chairman after serving as ACG Vice Chairman. Mr. Carr succeeds the 2009″ 2010 Chairman, Dennis J. White, Senior Counsel at McDermott, Will & Emery LLP in Boston, who will become ACG Immediate Past Chairman.
“It has been an extraordinary year to be Chairman of ACG,” said Dennis J. White, ACG Chairman and Senior Counsel, McDermott, Will & Emery LLP. “Despite the challenging financial climate, ACG continues to find creative ways to bring ACG members together to do business and promote growth. [Read the full article]
Community Central Bank Corporation (Nasdaq:CCBD – News), the holding company for Community Central Bank (CCB), today announced that it has sold $4.225 million of Series B convertible preferred stock in a private transaction to local investors. The placement agent was Leonard Capital Markets, a division of Leonard & Company, Michigan’s largest full service independent brokerage firm.
David A. Widlak, President and CEO of the Bank and the Corporation, commented, “We are obviously very pleased and grateful that CCB was able to garner public support for this capital raise. It has been a very difficult task for Michigan community banks to raise capital in the current economic environment. We are very grateful to Leonard Capital Markets for introducing our bank to community-minded investors.”
“Leonard Capital Markets was glad to assist Community Central Bank in this sale of preferred stock. [Read the full article]
Autoliv Inc. (NYSE: ALV – News), the worldwide leader in automotive safety, has acquired Visteon radar system business. This acquisition in Active Safety Systems follows upon the Company 2008 acquisition of the leading automotive radar business from Tyco Electronics.
“While this acquisition is small, with less than $5 million in sales and five highly skilled engineers, it fits very well our own existing radar business”, said the Autoliv CEO Jan Carlson. “Our radar specialists have worked together with the Visteon team over the past few years. This partnership has resulted in industry-leading Blind Spot and Rear Cross Traffic Detection Systems that are currently in production at multiple OEM customers.”
“The acquisition not only ensures that this productive cooperation continues, it also gives us opportunities to further strengthen our position in Active Safety Systems”. [Read the full article]
PTS, Inc. (OTC Bulletin Board:PTSH.OB.ob – News) announces today to it has retained the services of the Mina Mar Marketing Group to assist with investor communications and awareness.
Marc Pintar, Interim President, CEO, and Director of PTSH comments, “During the restructuring and rebuilding of PTSH it is important to properly update the investment community and keep our shareholders informed. I am sure our shareholders would agree that my time is best spent building a business. That being said, PTSH is very pleased to introduce Mina Mar Group (MMMG) (www.minamargroup.net) as our Investor Relations (IR) representative.
Mina Mar Group focuses on the small-cap and micro-cap companies with revenues of less then 20 million dollars and assets of less then 3 million dollars. [Read the full article]