SPARTANBURG, S.C., March 21, 2023 /PRNewswire/ — Southern HVAC Company d/b/a Southern House Providers (“Southern”) introduced the acquisition of George M. Hill & Sons, Inc. (“George M. Hill & Sons” or the “Firm”) on Tuesday. Since 1945, George M. Hill & Sons has supplied prospects all through Spartanburg, Greenville, and the better upstate market with top-rated heating, air-con upkeep, restore, and alternative providers. George M. Hill & Sons will merge with [Five Star Plumbing Heating & Cooling] (“5 Star”) to offer best-in-class residence service options to householders within the Greenville–Spartanburg market.

“I am happy with the enterprise we have constructed right here at George M. Hill & Sons. The choice to maneuver on from the enterprise didn’t come simply; nevertheless, as a consequence of private circumstances surrounding my well being, I felt it was essential to discover a accomplice that might proceed to look after our prospects and workers,” mentioned Todd Ramella, Proprietor of George M. Hill & Sons. “When evaluating potential companions, it was clear that [ Five Star Plumbing Heating & Cooling ] wouldn’t solely honor the shopper and worker relationships that now we have constructed over the previous 75+ years, however that they might have the ability to go above and past with their extra plumbing and electrical service choices.”

“We’re thrilled to accomplice with such a well-respected and long-standing model like George M. Hill & Sons. The chance to proceed to develop within the Greenville–Spartanburg market with such a powerful model and constant buyer base is extremely thrilling,” mentioned Ingrid Verseeuw, Common Supervisor of [ Five Star Plumbing Heating & Cooling ]. “Over the following few months, we intend to put money into extra expertise, coaching, and sources to construct upon the wonderful service George M. Hill & Sons prospects have acquired over time.”

Spartanburg, Greenville, and all surrounding space householders can be taught extra about 5 Star’s services and products by their web site, www.fivestartoday.com or by calling (864) 732-6580.

Scott Talley served as unique authorized advisor to the Firm. Nelson Mullins Riley & Scarborough served as unique authorized advisor to Southern.

Headquartered in Maitland, Florida, Southern House Providers operates heating, air-con, plumbing and electrical residence service companies in america. As a part of the broader Southern workforce, George M. Hill & Sons joins Southern House Providers’ household of twenty-two different service manufacturers throughout ten states.

Since its inception in 2016, Southern House Providers has remained one of many residence service {industry}’s premier progress platforms driving each natural initiatives and an accretive acquisition technique centered on industry-leading manufacturers. For extra details about Southern’s acquisition program, go to SouthernHomeServices.com/acquisitions.

SOURCE Southern House Providers

CHICAGO, Jan. 31, 2023 /PRNewswire/ — Choreo, LLC (“Choreo” or “the agency”) right now introduced it has accomplished a beforehand introduced settlement to amass GreerWalker Wealth LLC, an entity affiliated with GreerWalker LLP.

The acquisition brings Choreo’s belongings beneath administration and advisement to roughly $14.8 billion¹. GreerWalker Wealth, which is predicated in Charlotte, North Carolina, has roughly $275 million in belongings. The deal represents a second growth of Choreo’s footprint within the Southeast. Phrases of the transaction weren’t disclosed.

“Finishing this acquisition builds on our robust momentum of success over the previous 12 months as we proceed growing this agency right into a vacation spot of alternative for advisors nationwide,” stated Michael Radford, CPA, Managing Director at Choreo. “Our partnership with GreerWalker LLP additionally aligns with our mission of serving to to resolve the complicated tax, wealth, monetary and property planning wants of shoppers.”

As a part of the deal, Choreo and GreerWalker LLP have established an ongoing strategic partnership to assist speed up development for his or her respective companies and create new alternatives for his or her monetary professionals and shoppers. The GreerWalker Wealth advisor workforce will report back to Mr. Radford, who can be primarily based in Charlotte. 

“Our two corporations have complementary enterprise fashions and philosophies that make this partnership a pure match,” stated John Norman, CPA, Managing Companion at GreerWalker LLP. “We stay up for leveraging Choreo’s full suite of expertise and operations experience to higher serve our shoppers.”

With the completion of this acquisition, GreerWalker Wealth’s shoppers can proceed working with the professionals they know and belief, receiving the identical monetary planning and wealth administration companies they at all times have.

The announcement follows different notable offers in 2022 by Choreo to amass wealth administration corporations, together with Cherry Bekaert Wealth Administration and Enso Wealth Administration. In all, it is the third acquisition by Choreo since Parthenon Capital, along with Choreo administration and advisors, bought the corporate from one of many largest CPA {and professional} companies corporations within the nation in February of 2022.

¹Approximate post-close quantity; additionally consists of belongings associated to the two different beforehand introduced acquisitions of Enso Wealth Administration and Cherry Bekaert Wealth Administration anticipated so as to add $2.8 billion in belongings beneath administration and advisement upon closing of these transactions. As of April 30, 2022, $11.8B constitutes Choreo’s regulatory belongings beneath administration or advisement. As of September 30, 2022, GreerWalker Wealth managed roughly $275M of belongings.

About Choreo, LLC
Choreo is an unbiased agency centered on redefining the RIA’s place within the wealth advisory business. Obsessed with enhancing the well-being of shoppers, their households and their communities, Choreo operates out of 28 areas throughout the nation. Choreo’s skilled advisors outline, design and construct options for his or her shoppers’ monetary and associated wants to allow them to give attention to what issues most to them. Initially launched over 20 years in the past as a subsidiary of one of many largest CPA {and professional} companies corporations within the nation, Choreo serves over 3,600 households with roughly $11.8 billion of belongings beneath administration or advisement (as of April 2022). For extra data, go to choreoadvisors.com.

Choreo, LLC is a restricted legal responsibility firm that gives funding advisory companies, monetary planning, and different wealth administration companies to people and companies. Choreo, LLC is an SEC-registered funding adviser. Registration as an funding adviser doesn’t indicate any skillset of the wealth supervisor and/or its advisors.

About GreerWalker LLP
GreerWalker LLP gives tax, accounting, and advisory companies centered on the wants of privately held middle-market corporations and their house owners all through the US and across the globe. Via their affiliate, GreerWalker Wealth LLC, an SEC-registered funding advisor, they provide personalized wealth planning for each stage of life. Their affiliate GreerWalker Company Finance LLC provides exit planning and merger and acquisition companies to finish the enterprise life cycle. With over 120 associates, they’re one of many ten largest CPA corporations of their area and among the many prime 200 CPA corporations in the United States. They’ve repeatedly been acknowledged as one of many nation’s “Better of the Greatest” accounting corporations by Inside Public Accounting primarily based on their general superior monetary and operational efficiency. For extra data, go to GreerWalker.com.

About GreerWalker Wealth LLC
GreerWalker Wealth LLC is registered as an funding adviser. As of September 30, 2022, the Agency served excessive internet value people and retirement plans with roughly $275 million beneath administration or advisement. GreerWalker Wealth LLC provides to its shoppers (people, excessive net-worth people, pension and profit-sharing plans, charitable organizations, and many others.) portfolio administration companies, monetary planning companies, monetary consulting companies, and retirement plan companies. For extra data, go to GreerWalker.com.

Media inquiries
Joseph Kuo / Michael Dugan
Haven Tower Group
424 317 4851 or 424 317 4852
[email protected] or [email protected]

SOURCE Choreo, LLC

US$ until in any other case acknowledged 

TSX/NYSE/PSE: MFC     
SEHK: 945

BOSTON, Oct. 26, 2022 /PRNewswire/ – Manulife Funding Administration is happy to announce the acquisition of Alliance Gateway 11, a 788,160 sq. foot industrial warehouse positioned within the NE Tarrant/Alliance submarket of Fort Value, Texas. The property is 100% leased to a well known giant scale tenant on a long-term lease, occupying the constructing as an e-commerce achievement facility.

The constructing is strategically positioned on a 38.2 acre web site that’s vital to the tenant as there are over 1.67 million individuals dwelling inside a 20-mile radius of the property. As well as, the property is positioned close to the Fort Value Alliance Airport, BNSF Railway Intermodal Facility, and main thoroughfares, together with freeway 114, 170, and Interstate 35.

The Dallas-Fort Value–Arlington space is at the moment the fourth largest metropolitan statistical space in the USA, having grown by roughly 24% since 2010. The commercial market has grown by 223 million sq. toes, or practically 27%, because the starting of 2010, whereas sustaining a steady 5 – 6 p.c emptiness price over the identical interval.

“Our consumer’s portfolio technique is to extend its allocation to the economic sector by buying and creating trendy, useful warehouse property,” mentioned Pritesh Patel, CIO, Americas, and head of transactions, Manulife Funding Administration. “Alliance Gateway 11 represents an excellent long-term funding for his or her portfolio.”

Manulife Funding Administration develops and manages industrial actual property across the globe as a part of its complete non-public markets capabilities. As of March 31, 2022, it managed on behalf of shoppers over 63 million sq. toes of workplace, industrial, retail, and multifamily area strategically positioned in markets throughout Canada, the USA, and Asia Pacific. The group leverages its international platform and native experience to offer market-leading options for its tenants and ship outcomes for its funding shoppers.

About Manulife Funding Administration

Manulife Funding Administration is the worldwide model for the worldwide wealth and asset administration section of Manulife Monetary Company. We draw on greater than a century of economic stewardship and the complete sources of our father or mother firm to serve people, establishments, and retirement plan members worldwide. Headquartered in Toronto, our main capabilities in private and non-private markets are strengthened by an funding footprint that spans 19 geographies. We complement these capabilities by offering entry to a community of unaffiliated asset managers from around the globe. We’re dedicated to investing responsibly throughout our companies. We develop progressive international frameworks for sustainable investing, collaboratively interact with corporations in our securities portfolios, and preserve a excessive commonplace of stewardship the place we personal and function property, and we consider in supporting monetary well-being by means of our office retirement plans. At the moment, plan sponsors around the globe depend on our retirement plan administration and funding experience to assist their staff plan for, save for, and reside a greater retirement. Not all choices can be found in all jurisdictions. For extra data, please go to manulifeim.com.

SOURCE Manulife Funding Administration

PITTSBURGH, Sept. 7, 2022 /PRNewswire/ — Magna5, a nationwide supplier of managed IT providers and a NewSpring Holdings platform firm, at present introduced its acquisition of Interphase Programs, a Philadelphia-based managed IT providers supplier servicing companies within the Philadelphia metropolitan area with a specific experience in servicing the life sciences and monetary providers sectors. That is the fifth managed providers acquisition for Magna5 and additional strengthens the agency’s place as a formidable participant within the Northeast and Mid-Atlantic areas providing a variety of managed IT providers together with community administration, cybersecurity, information restoration and cloud providers.

“We’re thrilled to affix the Magna5 staff and stay up for leveraging their gross sales and advertising and marketing experience to develop our buyer base within the Philadelphia area,” says John Biglin, CEO of Interphase Programs. “Our present clients will even profit from Magna5’s broader set of capabilities and technical assets.”

“Our purpose is to be a real enterprise associate with our clients, serving to them to scale their enterprise operations effectively and successfully by leveraging our portfolio of managed IT and cloud providers,” says Bob Farina, CEO of Magna5. “We’re very excited to welcome the Interphase Programs staff and develop our presence within the larger Philadelphia area.”

The demand for real-time cybersecurity safety, information backup/restoration, centralized community monitoring, cloud internet hosting and 24/7 assist desk assist mixed with Magna5’s superior service choices have the corporate on tempo to file natural progress of over 20% yr over yr.

About Magna5

Magna5, a NewSpring Holdings platform, offers managed IT providers, cybersecurity, non-public and public cloud internet hosting, backup and catastrophe restoration and different superior IT providers to mid-market and enterprise clients, together with leaders inside the training, healthcare, authorities, monetary providers, manufacturing, and different trade segments. Headquartered in Pittsburgh, PA, Magna5 has clients nationally.

About NewSpring Holdings

NewSpring Holdings, NewSpring’s devoted holding firm with a technique targeted on management buyouts and platform builds, brings a wealth of data, expertise, and assets to take worthwhile, rising firms to the following stage by means of acquisitions and confirmed natural methodologies. Based in 1999, NewSpring companions with the innovators, makers, and operators of high-performing firms in dynamic industries to catalyze new progress and seize compelling alternatives. The Agency manages over $2.5 billion throughout 5 distinct methods overlaying the spectrum from progress fairness and management buyouts to mezzanine debt. Partnering with administration groups to assist develop their companies into market leaders, NewSpring identifies alternatives and builds relationships utilizing its community of trade leaders and influencers throughout a big selection of operational areas and industries. Go to NewSpring at www.newspringcapital.com.

SOURCE Magna5

HOUSTON, Aug. 23, 2022 /PRNewswire/ — Registered Agent Options, Inc. (“RASi”), A Lexitas Firm, introduced its acquisition of Allstate Company Companies. Headquartered in New York, Allstate has been a number one Company Submitting and Registered Agent firm for over 19 years. This acquisition demonstrates RASi’s continued accelerated progress within the Registered Agent business and expands their footprint within the Tri-State area.

“With over 15 years of working carefully collectively, we now have constructed an incredible partnership by which our firms have been well-aligned and profitable in servicing hundreds of mutual shoppers.  It’s becoming that this acquisition is the following step in formalizing this partnership and our dedication to all the workers and shoppers we collectively serve,” mentioned Sean Prewitt, President of RASi.

Sal Abecasis, President of Operations at Allstate, acknowledged “We’re enthusiastic about becoming a member of RASi who has been our trusted companion for thus a few years. We stay up for the mixed synergies of two firms that share the identical tradition and imaginative and prescient in servicing the wants of our shoppers.” 

“We’re thrilled to grow to be a part of the Lexitas group of firms. By formally becoming a member of the RASi division, we’re capable of streamline the method for our registered agent shoppers and add extra service choices to our joint service operations,” mentioned Steven Weiss, VP of Operations at Allstate.  

RASi is an expert registered agent service firm, which gives one of the best worth for company and registered agent providers by way of modern applied sciences, aggressive pricing, and high quality service. With workplaces in all 50 States, DC, and worldwide jurisdictions, RASi represents hundreds of firms throughout the nation. RASi was acquired by Lexitas in 2020. For extra info go to https://www.rasi.com/ and https://allstatecorporateservices.com/.  

Based in 1987, Lexitas is a number one nationwide supplier of authorized help providers to legislation corporations, firms, and insurance coverage firms and is a portfolio firm of funds suggested by Apax. Companies embody courtroom reporting, file retrieval, registered agent, course of service, authorized staffing, doc overview and industrial contracts outsourcing. For extra info go to https://lexitaslegal.com.

SOURCE Lexitas