Deal Pipeline
Monday 06 March 2017
The following is a list of deals covered in detail by M and A Navigator this week:

-SAINT-GOBAIN ACQUIRES BRAZILIAN BUILDING MATERIALS DISTRIBUTION NETWORK

French building materials group Saint-Gobain is growing its presence in Brazil with the acquisition of the network of Tumelero Materiais de Construção sales outlets in the country's southernmost state, Rio Grande do Sul, the group said.
Created in 1967 in Porto Alegre, this distribution company has a large portfolio of building materials and services for construction industry professionals and end-users. Operating under the Tumelero brand, it has 29 sales outlets in Rio Grande do Sul state and almost 1,000 employees. In 2016, it generated sales of over EUR 80m.
Status: Closed




-ENTERCOM COMMUNICATIONS, CBS RADIO PRICE TERM LOAN IN CONNECTION WITH MERGER

US-based radio broadcasting company Entercom Communications Corp. (NYSE: ETM) and US-based media company CBS Corp. (NYSE: CBS) has established pricing for a seven-year, USD 500m senior secured term loan B to be issued in connection with a deal under which US-based radio broadcasting company Entercom Communications Corp. (NYSE: ETM) will combine with CBS Radio in a tax-free merger, the companies said.
The loan will have an interest rate of LIBOR plus 2.75%, with no LIBOR floor, and will be issued at par. In February, the companies announced the deal, which will create a preeminent radio platform with a nationwide footprint of 244 stations, including 23 of the top 25 US markets, as well as robust digital capabilities and a growing events platform.
Status: Agreed



-VTTI ENERGY PARTNERS RECEIVES USD 18.75M BUYOUT OFFER FROM PARENT

UK-based petroleum terminaling partnership VTTI Energy Partners LP (NYSE: VTTI) has received a proposal from parent VTTI B.V. pursuant to which VTTI would acquire all publicly held common units of the partnership in exchange for USD 18.75 per common unit, the company said.
VTTI B.V. is a joint venture of Dutch energy and commodities company Vitol and US-based midstream energy firm Buckeye. This price represents a 3% premium over the 30 trading day volume weighted average price as of March 1, 2017. The news sent the stock to around USD 19, and the company's market cap to around USD 884.21m.
Status: Bidding



-MEDIA PRESS GROUP TO ACQUIRE TV, RADIO AND MOVIE METADATA PROVIDER PORT NETWORK FROM CEMP

Swiss TV and radio programme information, Media Press Group and Hungarian online media company Central European Media and Publishing have reached a deal under which Media Press Group acquired Port Network from CEMP, the companies said.
Port Network is a provider of TV, radio and movie metadata in Central-Eastern Europe with business based in Hungary, together with its satellite outlets in Croatia, Slovakia, Romania and Serbia. PORT network covers the main TV and radio channel portfolio of 15 CEE countries by producing their programme metadata on a daily basis.
Status: Agreed



-CHINESE CONSORTIUM COMPLETES ACQUISITION OF OSRAM'S LEDVANCE BUSINESS

German lighting manufacturer Osram has closed the sale of its LEDVANCE business to a Chinese investment consortium, consisting of the investor IDG Capital, LED packaging manufacturer MLS CO., LTD. and Yiwu State-Owned Assets Operation Center, the company said.
The EUR 400m (USD 424.90m) deal was announced last July. This closing follows the parties obtaining all necessary approvals from the relevant authorities.
Status: Closed



-MGT CAPITAL CLOSES ACQUISITION OF MINORITY STAKE IN DEMONSAW

US-based investment company MGT Capital Investments, Inc. (NYSE MKT: MGT) has acquired a 46% equity interest in information-sharing application Demonsaw, the firm said.
MGT Capital announced a USD 11.96m merger in May, when it entered into a revised asset purchase agreement to acquire D-Vasive, Inc., a maker of mobile communications privacy applications. As contemplated in this agreement, D-Vasive would have acquired Demonsaw, with MGT owning both companies.
Status: Closed



-VALEANT PHARMACEUTICALS CLOSES USD 1.3BN OF THREE SKINCARE BRANDS TO L'OREAL

Canadian drugmaker Valeant Pharmaceuticals International, Inc. (NYSE: VRX) has closed the sale of its CeraVe, AcneFree and Ambi skincare brands to French beauty firm L'Oréal for USD 1.3bn in cash, the company said.
Together, the CeraVe, AcneFree, and Ambi product lines have annualised revenue of approximately of USD 168m. The CeraVe brand portfolio offers a range of advanced skincare products, including cleansers, moisturizers, sunscreens, healing ointments and a dedicated baby line.
Status: Closed



-AVATAR PROPERTY AND CASUALTY TO ACQUIRE FLORIDA PROPERTY INSURANCE UNDERWRITER

Florida, US-based Avatar Partners, LP, the parent of Avatar Property and Casualty Insurance Co, has agreed to acquire Elements Property Insurance Holdings, LLC and its subsidiaries, the company said.
The acquisition will expand Avatar's scale and presence in the Florida residential property insurance market. The transaction is subject to regulatory approval and other customary closing conditions. Avatar said the transaction allows it to expand the reach of its homeowners' insurance products through EPIC's established distribution channels in Florida.
Status: Agreed



-PREFERRED APARTMENT COMMUNITIES ACQUIRES A TAMPA, FLORIDA MULTIFAMILY COMMUNITY

US-based REIT Preferred Apartment Communities, Inc. (NYSE: APTS) has acquired a recently constructed 296-unit class A multifamily community in Tampa, Florida named Broadstone Citrus Village, the company said.
PAC financed the acquisition by assuming the existing first mortgage loan from New York Life Insurance Co, with an outstanding principal balance of approximately USD 30.25m that has a maturity date of May 1, 2023, and a fixed interest rate of 3.65% per annum.
Status: Closed



-FIRST BANCORP CLOSES USD 97.3M ACQUISITION OF CAROLINA BANK HOLDINGS

North Carolina, US-based bank holding company First Bancorp (NASDAQ - FBNC) has closed the acquisition of North Carolina, US-based bank holding company Carolina Bank Holdings, Inc. (NASDAQ: CLBH) has been approved, the company said.
Last June, First Bancorp signed a definitive merger agreement under which it will acquire Carolina Bank Holdings in a cash and stock transaction with a total current value of approximately USD 97.3m, or USD 19.26 per share. First Bancorp is the parent company of First Bank, while Carolina Bank Holdings is the parent company of Carolina Bank.
Status: Closed



-FAR EAST CONSORTIUM TO SELL HONG KONG HOTEL FOR HKD 450M

Hong Kong-based property development and hotel management group Far East Consortium International Ltd.'s Dorsett Hospitality International Ltd subsidiary has agreed sell Hong Kong hotel Silka West Kowloon to Chinese property firm Golden Wheel Tiandi Holdings Co's (SEHK: 1232) Golden Wheel Jasper Co Ltd subsidiary for HKD 450m (USD 57.97m), the company said.
Upon completion, Far East Consortium is expected to record a gain from the Sale of approximately HKD 316m. On completion, Dorsett Hospitality International Services will enter into a hotel management agreement with DAGL, to provide management services in relation to the management and operation of the hotel.
Status: Agreed



-HML HOLDINGS ACQUIRES BLOCK MANAGEMENT BUSINESS FROM GORDON AND CO UNIT

UK-based property management, insurance and ancillary services provider HML Holdings plc (AIM: HMLH) has acquired the Block Management Business of Gordon and Co's Property Consultants Ltd. flats and estates property management business, the company said.
G/CPCL is part of the Gordon and Co estate agency and property management group which has eight offices in Southern England as well as Southeast Asia. The block management business being acquired is based in London with branches in Reigate and Bristol.
Status: Closed



-FASTFORWARD INN TO SELL STAKE IN TECHNOLOGY INVESTOR SATOSHIPAY

UK-based closed-end investment company FastForward Innovations Ltd. (LSE: FFWD) has reached agreement with UK-based early stage investor Blue Star Capital plc (LSE: BLU) to sell its entire holding of 1,471 shares technology investor SatoshiPay Ltd., the company said.
On 1 March 2017, FastForward and Blue Star entered into a sale and purchase agreement under the terms of which Blue Star has agreed to purchase 1,471 shares in SatoshiPay for a total consideration of EUR 500,140 (USD 522,492), equivalent to a price of EUR 340 per SatoshiPay share.
Status: Agreed



-INFORMA ACQUIRES US BOAT SHOW OPERATOR IN USD 130.28M DEAL

UK-based exhibitions company Informa (LSE: INF) has agreed to acquire of US-based yachting and boat show operator Yachting Promotions Inc for GBP 106m (USD 130.28m), the company said.
The consideration of GBP 106m represents a multiple of 11.5x EBITDA and sub-10x including tax assets of USD 34m. Informa said the acquisition expected to be immediately accretive to adjusted earnings per share. Informa said the addition of YPI from Active Interest Media, the privately-owned specialist US media group, will combine several major US-based international yachting exhibitions with Informa's Monaco Yacht Show, the largest event of its kind in Europe.
Status: Closed



-SPORTECH SELLS FOOTBALL POOLS BUSINESS FOR GBP 83M IN CASH

UK-based online gambling company Sportech plc (LSE: SPO) and UK-based private equity firm OpCapita LLP have entered a conditional agreement under which FP Acquisitions Ltd., a newly incorporated company controlled by funds advised by OpCapita, will acquire Sportech's Football Pools Business for a total cash consideration of GBP 83m, the companies said.
Sportech's board believes the deal represents an attractive opportunity to realise the value of the Football Pools Business following the implementation of a modernisation programme and as it continues to transition its business model in an increasingly competitive UK gaming market.
Status: Agreed



-UK FRESH PRODUCE FIRM TOTAL PRODUCE EXPANDS STAKE IN CANADA'S OPPY

Irish fresh produce company Total Produce plc has completed the purchase of a further 30% of Canadian produce firm Grandview Ventures Ltd., which trades under the names of the Oppenheimer Group and Oppy, for a consideration of EUR 28.4m (USD 30.13m), the company said.
In addition to an initial 35% acquired in 2013, this brings Total Produce's shareholding of GVL to 65% after a total investment of EUR 43.4m (CDN 60.6 m). Oppy has also entered strategically-important agreements with New Zealand based T/G Global Ltd. which will enable both to enhance their market positions as co-shareholders in two US produce businesses.
Status: Closed



-AFI DEVELOPMENT ACQUIRES REMAINING STAKE N MOSCOW OFFICE DEVELOPMENT

Cyprus-based Russian real estate developer AFI Development (LSE: AFRB) has acquired the remaining 5% stake in the Tverskaya Plaza IV project in Moscow from its partner, for USD 1.5m in cash, the company said.
AFI Development has acquired 5% of the shares in Beslaville Management Ltd., a subsidiary holding rights to the Project, increasing its share in the Project from 95% to 100%. Plans envisage that Tverskaya Plaza IV will become a grade A office complex with supporting ground level retail zones, located at 11, Gruzinsky Val, Moscow.
Status: Closed



-PREMAITHA HEALTH CLOSES ACQUISITION OF TAIWAN PRENATAL TESTING BIOINFORMATICS FIRM YOURGENE BIOSCIENCE

UK-based molecular diagnostics group Premaitha Health plc (AIM: NIPT) has closed the acquisition of Taiwan-based prenatal testing bioinformatics specialist Yourgene Bioscience Co., Ltd., the group said.
The acquisition of Yourgene was announced on 21 December 2016. Legal completion of the acquisition took place on 2 March 2017, upon admission to AIM of 76,054,570 new ordinary shares in the company. The deal is worth around GBP 7.2m (USD 8.91m). Dr Bill Chang and Mr Alan Chang will be appointed as directors of the company.
Status: Closed



-NMC HEALTH'S AED 2.058BN ACQUISITION OF AL ZAHRA HOSPITAL ON TRACK TO CLOSE BY END OF MARCH

United Arab Emirates-focused private healthcare provider NMC Health plc's (LSE: NMC) acquisition of Al Zahra Hospital in Sharjah from Gulf Medical Projects Company is on-track to complete before the end of March 2017, the company said.
Last December, NMC Health announced its deal to buy the hospital for for AED 2.058bn (approximately USD 560m). The Al Zahra Hospital is one of the largest private hospitals in the UAE, operating 137 active inpatient beds, serving approximately 400,000 outpatients and 23,000 inpatient bed days per year.
Status: Agreed



-PLAZA CENTERS CLOSES SALE OF BELGRADE PLAZA SHOPPING CENTRE

Dutch property developer Plaza Centers N.V. (LSE: PLAZ) (TASE: PLAZ) has closed an agreement with Big Shopping Centers Ltd for the sale of the Belgrade Plaza shopping and entertainment centre, the company said.
Belgrade Plaza (Visnjicka) is currently the largest development underway in Serbia. The shopping centre, which is currently over 90% pre-let, is on schedule to open in April 2017 and Plaza will remain responsible for the development and leasing of the asset until the opening.
Status: Closed



-BRITVIC CLOSES BRL 218M ACQUISITION OF BRAZILIAN DRINKS FIRM BELA ISCHIA

UK-based soft drinks company Britvic plc (LSE: BVIC) has closed the acquisition of Brazilian drinks firm Bela Ischia Alimentos Ltda, the company said.
The price was BRL 218m (USD 69.97m). As previously announced, Bela Ischia revenues were BRL 160m and EBITDA was BRL 18.5m in 2016. Bela Ischia is well recognised consumer brand with its largest presence in the areas of Rio de Janeiro and Minas Gerais.
Status: Closed



-EUROMONEY INSTITUTIONAL INVESTOR TO ACQUIRE FOREST PRODUCTS PRICE REPORTING AGENCY RISI

UK-based online information and events group Euromoney Institutional Investor plc (LSE: ERM) has agreed to acquire 100% of the equity of US-based forest products market price reporting agency RISI for USD 125m, the company said.
On completion, Euromoney will pay USD 125m in cash for RISI, funded from its existing revolving credit facility. Completion is subject to Hart-Scott-Rodino approval in the United States, which is expected to take approximately four weeks. The seller is private equity investment Epiris' portfolio company, Axio Group.
Status: Agreed



-UK SOFTWARE FIRM SAGE TO ACQUIRE FULL OWNERSHIP OF PARTNER FAIRSAIL

UK-based software company The Sage Group plc (LSE: SGE) has agreed to acquire cloud HCM and people management software firm Fairsail Ltd., the company said. Fairsail serves mid-sized businesses. Last year, Sage bought a 20% stake in the company for USD 14.5m.
Currently a minority shareholder, the acquisition will see Sage take full ownership of Fairsail, building on the success of a shared product, Sage People, launched last year. Fairsail is an end-to-end HCM and people solution that addresses workforce management challenges of mid-sized organizations and meets the needs of increasingly mobile and global companies. 
Status: Agreed



-MXC CAPITAL SELLS 5.26M SHARES IN UK IT FIRM REDCENTRIC

UK-based merchant bank MXC Capital Ltd. (AIM: MXCP) MXC Capital Ltd. last week sold 5,269,316 ordinary shares of 0.1 pence each in the capital of UK-based IT firm Redcentric plc (LSE: RCN) resulting in total gross proceeds of GBP 4.7m (USD 5.77m), the company said.
Following the disposal, MXC holds 1,692,988 Redcentric shares representing 1.14% of the issued share capital of Redcentric plc. MXC also holds a further 7m options over Redcentric Shares with an exercise price of 80 pence per share. The bank sold 5.8m shares in Redcentric last June. Redcentric is a UK IT managed services provider.
Status: Closed



-UK BANKING FIRM SHAWBROOK GROUP RECEIVES GBP 825M BUYOUT PROPOSAL

UK-based banking firm Shawbrook Group plc (LSE: SHAW) has received a proposal from Pollen Street Capital Ltd. and BC Partners LLP regarding a possible offer to be made by a new company to be jointly owned by funds managed or advised by Pollen Street and BC Partners for the entire issued and to be issued share capital of Shawbrook, the bank said.
Shawbrook was confirming rhumours that had sent its share price up last week. Under the terms of the possible offer, Shawbrook shareholders would receive 330 pence per ordinary share in cash. This values the firm at GBP 825m (USD 1bn).
Status: Bidding



-CHINESE DIGITAL TRAVEL FIRM QUNAR CLOSES USD 4.44BN 'GOING PRIVATE' TRANSACTION

Chinese mobile and online travel platform Qunar Cayman Islands Ltd. (NASDAQ: QUNR) has closed an agreement and plan of merger with Ocean Management Holdings Ltd. and its Ocean Management Merger Sub Ltd subsidiary under which Qunar will be acquired by Ocean Management in a transaction implying an equity value of the company of approximately USD 4.44bn, the company said.
Under the deal, each ordinary share of the company issued and outstanding immediately prior to the effective time of the merger was cancelled in exchange for the right to receive USD 10.13 in cash without interest. Each American depositary share of the company, representing three shares, will be cancelled in exchange for the right to receive USD 30.39 in cash without interest, except for certain shares.
Status: Closed



-PARKER HANNIFIN CLOSES USD 4.3BN ACQUISITION OF FILTRATION COMPANY CLARCOR

US-based motion and control technologies company Parker Hannifin Corp. (NYSE: PH) has closed its acquisition of filtration products company Clarcor Inc. (NYSE: CLC) for USD 4.3bn in cash, including the assumption of net debt, the company said.
Under the terms of the agreement, Parker purchased all of the outstanding shares of Clarcor for USD 83.00 per share in cash. This represents a premium of approximately 17.8 and to Clarcor's closing share price on November 30, 2016 and a premium of approximately 29.2 and to Clarcor's volume weighted average share price over 90 days and a premium of approximately 17.1 and to Clarcor's all-time and 52-week high.
Status: Closed



-NKT CABLES CLOSES ACQUISITION OF ABB'S CABLE BUSINESS

Danish cable and wire maker NKT Cables has closed the acquisition of Swedish-Swiss robotics and power and automation technologies firm ABB Group's ABB high-voltage cables business, the company said.
Last September, NKT Cables announced its deal to acquire ABB's global high-voltage cable system business with a total enterprise value of EUR 836m (USD 934m). High voltage cables are key components in sustainable energy networks, used for transmitting large amounts of electricity over long distances. The business is part of ABB's Power Grids division, which is currently undergoing a strategic review.
Status: Closed

-CARPENTER TECHNOLOGY COMPLETES ACQUISITION OF TITANIUM POWDER PRODUCER PURIS
US-based specialty alloys producer Carpenter Technology Corp. (NYSE: CRS) has closed the acquisition of substantially all of the assets and business of titanium powder producer Puris LLC, the company said.
The purchase price was USD 35m. Puris is a producer of titanium powder for additive manufacturing and advanced technology applications. The acquisition included Puris' manufacturing assets, patents and related intellectual property.
Status: Closed

-HOME BANCSHARES CLOSES ACQUISITION OF FLORIDA'S CENTENNIAL BANK
US-based bank holding company Home BancShares, Inc. (NASDAQ: HOMB) has closed its acquisition of Florida state-chartered bank The Bank of Commerce from its bankrupt parent company, Bank of Commerce Holdings, Inc., Home Bancshares said.
Last November, US Bankruptcy Court for the Middle District of Florida in Tampa, Florida designated Home BancShares as the successful bidder in an auction to purchase The Bank of Commerce. The Bank of Commerce operates in the Sarasota, Florida area. As of January 2017, BOC had approximately USD 182.5m in total assets, USD 127.5m in loans, and USD 141.7m in deposits.
Status: Closed

-HEARTLAND CLOSES ACQUISITION OF CALIFORNIA'S FOUNDERS BANCORP
Iowa, US-based bank holding company Heartland Financial USA, Inc. (NASDAQ: HTLF) has closed its acquisition of California, US-based bank holding company Founders Bancorp (OTC: FBCP), the company said.
Under the deal, which was announced last October, Heartland will acquire Founders in a 70% stock and 30% cash transaction valued at approximately USD 29.1m, or USD 21.87 per share. Founders Bancorp is the parent of Founders Community Bank, an eleven-year-old community bank with approximately USD 199m in total assets, USD 107m in loans and USD 180m in deposits as of 30 September 2016. 
Status: Closed

-NATIONAL HEALTH INVESTORS PURCHASES NEW SKILLED NURSING FACILITY IN TEXAS FOR USD 13.9M
US-based REIT National Health Investors, Inc. (NYSE: NHI) has acquired a Texas, US-based skilled nursing facility (SNF) from operator Legend Healthcare, the company said. The 126-bed SNF was acquired for USD 13.9m and funded from NHI's revolving credit facility. The company plans to lease the facility to an affiliate of The Ensign Group, Inc. (NASDAQ: ENSG).
National Health Investors said that this acquisition is the first of four that NHI had previously committed to and will be added to the existing lease at an initial rate of 8.35% plus annual lease escalators based on inflation. The facility, which opened in September 2015, joins the current Ensign assets comprised of 15 skilled nursing facilities located in Texas.
Status: Closed

-PARTY CITY ACQUIRES AUSTRALIAN PARTY SUPPLIES FIRM BALLOON AGENCIES IN DEAL VALUED AT USD 1.9M
US-based party goods company Party City Holdco Inc. (NYSE: PRTY) has acquired Brisbane, Australia-based party supply distributor Balloon Agencies in a deal valued at USD 1.9m (AUD 2.5m) the company said.
The acquisition consists of AUD 2m up front and AUD 0.5m conditional upon future business performance. The deal price represents 3.0-3.5 times EBITDA when fully synergised.
Status: Closed

-NORTH AMERICAN SEKISUI HOUSE ACQUIRES SOUTH CAROLINA DEVELOPMENT PROJECT FROM WESTROCK
Japanese homebuilder Sekisui House Ltd.'s Virginia, US-based North America Sekisui House, LLC subsidiary of has acquired 4,000-acres of South Carolina, US-based development project Nexton Communities LP from Georgia, US-based developer Westrock Land and Development, the company said.
Newland Communities, the development business of American Newland Communities, LP, a development partner of NASH, will be the operating developer for NASH.
Status: Closed

-HUB INTERNATIONAL ACQUIRES ASSETS OF TEXAS INSURANCE FIRM TRI-STAR
Chicago-based insurance brokerage Hub International Ltd. has acquired the assets of Texas-based insurance company Tri-Star Insurance Professionals, Inc. the company said.
Tri-Star specialises in personal lines and commercial lines insurance products and services. Roger Harkins, Principal, Tri-Star, will join Hub Texas.
Status: Closed

-GORDON BROTHERS TO ACQUIRE FASHION BRAND WET SEAL, RELATED PORTFOLIO COMPANIES
Boston, US-based advisory and investment firm Gordon Brothers plans to acquire California, US-based fashion brand Wet Seal LLC, a teen-focused clothing brand with more than USD 500m in revenue, the company said.
The Wall Street Journal reported a bankruptcy judge signed off on Gordon Brothers' USD 3m purchase of Wet Seal acquired in a bankruptcy court auction. This acquisition also includes other brands within the Wet Seal portfolio, including Arden B, Blink and Chic Boutique.
Status: Agreed

-RANPAK ACQUIRES FRENCH PACKAGING AUTOMATION FIRM E3NEO
Cleveland, Ohio-based packaging solutions provider Ranpak has acquired France-based packaging automation processor e3neo to expand capabilities and offerings for high-volume automated packaging environments, the company said.
The company said e3neo would operate as a separate business unit within the Ranpack organisation.
Status: Closed

-LIONBRIDGE ACQUIRES FRENCH VIDEO GAME SERVICES FIRM EXEQUO
US-based games and entertainment provider Lionbridge Technologies, Inc. has acquired France-based video game services firm Exequo, the company said.
With this acquisition, Exequo will become part of Lionbridge Game Services, a service of Lionbridge that provides a full suite of end-to-end localisation and testing services for platform holders and game and entertainment studios.
Status: Closed

-SUBSEA GLOBAL SOLUTIONS ACQUIRES MARINE MAINTENANCE, CONSTRUCTION FIRM ALL-SEA UNDERWATER SOLUTIONS
Florida, US-based Subsea Global Solutions (SGS) has acquired Canada-based marine repair and construction provider All-Sea Underwater Solutions, the company said.
Subsea Global Solutions is a portfolio company of Denver-based private equity firm Lariat Partners. SGS said the acquisition is expected to expand its scope of services, further drive innovation and broaden its global footprint. Subsea Global Solutions has assets and personnel in Miami, Tampa, Long Beach, Galveston, Curacao, Trinidad, Seattle and Brazil.
Status: Closed

-EDUCATION MANAGEMENT SELLS ASSETS, SCHOOLS TO DREAM CENTER FOUNDATION
Pittsburgh, US-based post-secondary education provider Education Management Corp. (EDMC) has executed a definitive agreement to sell EDMC assets and schools to Los Angeles-based endowment-funded foundation Dream Center Foundation, the company said.
Inside Higher Ed reported the company declined to publicly disclose the sale price. The sale is expected to be completed in summer of 2017. This transaction includes all the faculty and staff of South University, Argosy University and The Art Institutes locations currently enrolling new students. It also includes a majority of the employees from EDMC's corporate offices.
Status: Closed

-EPIPHANY DERMATOLOGY EXPANDS INTO DFW WITH DALLAS DERMATOLOGY
Austin, Texas-based dermatology practice Epiphany Dermatology has acquired DFW-based dermatology network Dallas Dermatology, LLC to expand in the Dallas/Fort Worth metroplex area, the company said.
The company said the new partnership is expected to provide additional resources to help with operations, managed care, marketing, compliance and recruiting.
Status: Closed