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ACG New York Women of Leadership - Entrepreneur Series
Barbara Bradley Baekgaard, founder of Vera Bradley (Nasdaq: VRA), is the latest in a series of entrepreneurs highlighted at ACG New York Women of Leadership events. Photo credit: Robert Blumenfeld

Watercooler

GTCR, Hormel, the Riverside Co-CEOs and Others Win M&A Mid-Market Awards
Amid a slow and challenging year for dealmaking, the winners of Mergers & Acquisitions’ 7th Annual M&A Mid-Market Awards outpaced the competition to grow, innovate and lead the middle market

Roundtable

Financial Services Companies Heat Up M&A Market
Speakers from Flexpoint Ford, Genstar Capital, Baird Capital, Madison Capital Funding and Katten Muchin Rosenman discuss the various factors playing a role in M&A activity within the financial services space

Expert's Corner

Pursuing Pharma Manufacturing
The fragmented pharmaceutical manufacturing industry provides plenty of opportunities for private equity investors, says JLL Partners founder Paul Levy

Today's Transactions:
Guardian Life Insurance Buys Reed

The target aims to help companies reduce cost and risk related to employee leave plans

The Guardian Life Insurance Company of America purchased Reed Group, a company that helps employers comply with federal and state regulations to get absent employees back to work quickly and safely.

New York-based Guardian is a mutual life insurance company that provides employee benefits.

Reed, headquartered in Westminster, Colo.,  aims to help its clients reduce the cost and risk of company leave plans and disability programs.  Terms of the deal were not disclosed

Cain Brothers & Co. LLC served as Reed’s financial adviser, while DLA Piper served as its legal counsel.

The transaction was announced on the heels of Confie Seguros’ acquiring three insurance brokerages in Florida for an undisclosed price. The targets include Second City Insurance, in Holiday; Insurance of Lauderdale Lakes, in Lauderhill; and Harmony Insurance, in Kissimmee. Confie provides personal lines insurance for the Hispanic community. 

 

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