Frederic J. Buse, Managing Director, has been appointed to the Board of Governors of the New York
Compensation Insurance Rating Board (NYCIRB). Since the enactment of the Workers' Compensation Law in 1914,
the NYCIRB has been licensed as the official organization for the collection of data and development of workers compensation rates.
Gary W. Oakley, Jr. has joined SHG as Senior Vice President working with corporate finance transactions.
You can view his bio on our Team page.
SHG RECENT ACCOMPLISHMENTS
SHG assisted Morgan Crucible Company, plc in its acquisition of two
units of Carpenter Technology Corporation -- Carpenter Advanced Ceramics
and Certech – for $145
million. They have become part of Morgan's Advanced Technical
Ceramics division.
SHG has provided valuation services to Sportz Ventures, LLC, a social networking site aimed at serious
athletes; Happy Software, Inc., a provider of
software and support services for improved management of federally-funded
low-income housing project;
Clough Harbour & Associates, LLP, a professional
partnership that provides engineering services to the general business
community.
SHG assisted Docucon to acquire MyEdgar.
SHG assisted Howe Caverns, Inc., an exciting natural attraction in
central NYS, to determine its strategic options and merge with the
Wright-Galasso Group, Inc.
Recent Market Events. As many of you know, we have long expected the
recent developments in financial markets. Excess leverage in all aspects of
the economy had driven many asset values to untenable levels. We feel
strongly that recent developments (and the ones to come) will represent a
real opportunity for strategic buyers and medium term financial investors.
The Fed seems anxious to avoid both a recession and a sea change in asset
values. For more on recent developments please see the following links. We
welcome the opportunity to discuss our views with you!
http://www.reuters.com/article/reutersEdge/idUSN2254342920080123
http://blogs.ft.com/maverecon/
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