Latest Evercore Partners Stories

2012-02-20 14:00:00

TeraMedica´s Evercore® Clinical Enterprise Suite Now Utilizes Logicalis´ Secure and Scalable Cloud Solution Farmington Hills, MI (PRWEB) February 20, 2012 The vast majority of medical images — MRIs, CT scans and X-rays — aren´t accessed frequently, but they require a great deal of infrastructure and bandwidth to make them instantly available to healthcare providers. Healthcare IT professionals require intelligent clinical image lifecycle management, which...

2010-12-24 07:10:00

Harmonix Music Systems, the developer behind the Rock Band franchise, has been sold by owner Viacom Inc, to the investment firm Columbus Nova and earned an estimated $200 million in the deal, ending a failed venture in the lucrative video game business. Analysts have questioned the value of Rock Band for some time, especially for a company better known for cable networks MTV and Nickelodeon and film company Paramount Pictures. Viacom said in November it would be selling the video game...

2010-11-18 07:30:00

NEW YORK, Nov. 18, 2010 /PRNewswire/ -- Sagent Advisors Inc. announced today that Omar Namoos has joined the firm as a senior banker focused on the aerospace & defense sector. Mr. Namoos brings to Sagent more than a decade of investment banking experience advising aerospace and defense clients on a variety of strategic transactions. "Adding a senior banker with Omar's industry depth is another important milestone for Sagent as we continue building the firm," said Hal Ritch,...

2009-12-21 19:33:00

NEW YORK, Dec. 21 /PRNewswire/ -- J.F. Lehman & Company ("JFL") is pleased to announce the completion of the sale of AIS Global Holdings LLC ("AIS") to Goodrich Corporation ("Goodrich"). AIS, known as Atlantic Inertial Systems, is a leading provider of mission critical guidance, stabilization and navigation products and systems for the global defense market. The company has operations in both the United States and the United Kingdom. The sale price was approximately $375 million,...

2009-10-26 06:30:00

MEXICO CITY and MONTERREY, Mexico, Oct. 26 /PRNewswire/ -- Southern Cross Group, Evercore Mexico Capital Partners (jointly the "Funds") and Servicios Corporativos Javer, S.A.P.I de C.V. ("Javer" or the "Company") announced today that they have signed an agreement by means of which the Funds acquire a controlling interest in the Company. This transaction allows Javer, leader in the Mexican homebuilding sector, to incorporate strategic partners with proven financial and operating experience...

2009-07-13 15:17:52

U.S. publisher McGraw-Hill is shopping around for a buyer for its 80-year-old magazine BusinessWeek, a source close to the company said. Ad sales for the magazine plunged 30 percent in the second quarter to $43.9 million, steeper than the industry average of 22 percent, Publishers Information Bureau reported. At business periodicals, ad sales fell 34 percent at Fortune in the second quarter and 40 percent at Forbes, The Los Angeles Times reported Monday. Conde Nast said in April it would...

2009-07-01 14:40:19

The U.S. Justice Department objected to a $17.9 million consulting fee General Motors Corp. is expected to pay when it emerges from bankruptcy. A courtroom monitor for the Justice Department objected to the fee GM has agreed to pay Evercore Group LLC when the company sells its good assets, which could occur later this month, The Detroit News reported Wednesday. Evercore is also charging $400,000 as a basic fee for its first month's work. GM has asked the court for permission to pay the...

2009-05-28 15:45:00

NEW YORK, May 28 /PRNewswire-FirstCall/ -- Evercore Partners Inc. (NYSE: EVR) announced today that Robert A. Pacha has agreed to join the firm's Advisory Practice as a Senior Managing Director and will lead the firm's midstream energy practice. Mr. Pacha will also establish Evercore's Houston office and play an important role in building the firm's presence in this center for the worldwide energy industry. Mr. Pacha is a leading advisor to companies in the midstream energy sector, which...

2009-05-14 15:30:00

NEW YORK, May 14 /PRNewswire-FirstCall/ -- Evercore Partners Inc. (NYSE: EVR) announced today that Mark K. Friedman has agreed to join the firm's Advisory business as a Senior Managing Director. Mr. Friedman, who will be based in New York, will co-lead Evercore's Transportation Practice. Mr. Friedman will also establish and lead Evercore's new Shipping Advisory business. Mr. Friedman is a well regarded and experienced advisor to companies worldwide in the transportation and shipping space,...

Word of the Day
  • Like a worm in form or movement; vermiform; tortuous or sinuous; also, writhing or wriggling.
  • Like the track or trace of a worm; appearing as if worm-eaten; vermiculate.
  • Marked with fine, close-set, wavy or tortuous lines of color; vermiculated.
  • A form of rusticated masonry which is so wrought as to appear thickly indented with worm-tracks.
This word ultimately comes from the Latin 'vermis,' worm.