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Harsha Deshpande affiliated with SHG in May 2009. Harsha lives in Mumbai and Seattle
and will add an Asian capability to our practice. His bio is on our Team page.
Simon Anderman affiliated with SHG in January 2009. Based near Zurich, Switzerland,
Simon will enhance our European practice. You can view his bio on our Team
page.
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. joined
SHG in September 2008 as Senior Vice President working with corporate
finance transactions. You can view his bio on our Team page.
SHG RECENT ACCOMPLISHMENTS
SHG continued strategic advisory services: to The Grandoe Company, manufacturer of fine leather and high
performance sports gloves,
for 10 years to Dais Analytic
Corporation, a nanotechnology polymer materials and processes company, to Bull Dog Well Service, an oil field services company and a
related oil and gas production company, to ReadyJet, a services provider to the airline industry, for more than 10 years to Artech Information Services, a
provider of staff augmentation, project management and business outsourcing
services to commercial and government clients
SHG assisted in M & A assignments: HAPPY Software, Inc. in the sale
of certain software assets to Productive Computing; 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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