Clavis-backed Alliance Tank Service acquires Willbros Tank as an add-on

Alliance Tank Service, a portfolio company of Clavis Capital Partners, has acquired Tulsa, Oklahoma-based Willbros Tank Services, a provider of storage tanks and related infrastructure. The seller was Willbros Group Inc. No financial terms were disclosed. PRESS RELEASE Dallas (January 2nd, 2018) – Clavis portfolio company Alliance Tank Service, LLC announced today the completion of the strategic acquisition of Willbros Tank Services from Houston-based Willbros Group Inc. (NYSE: WB). Terms of the transaction were not disclosed. The acquisition of Willbros Tank is the first add-on acquisition for ATS under Clavis ownership and represents a significant extension of the Company’s capabilities in large storage tank construction, repair, maintenance and services. The expanded company will operate as ATS Group, LLC (dba Alliance Tank Service) and will have expanded offices in Cushing, OK; Tulsa, OK; and Channelview, TX. Headquartered in Tulsa, Oklahoma, Willbros Tank has constructed storage tanks and related infrastructure
Continue reading "Clavis-backed Alliance Tank Service acquires Willbros Tank as an add-on"

KSL Capital Fund IV raises $2.68 bln

KSL Capital Partners LLC said Monday that its latest private equity fund closed with about $2.68 billion in commitments. KSL Capital Partners IV LP took less than a year to raise and surpassed the fund’s target of $2.25 billion. KSL IV will focus on investing exclusively in the travel and leisure sector globally, the firm said. PRESS RELEASE DENVER–(BUSINESS WIRE)–KSL Capital Partners, LLC (“KSL”) announces that it has completed the final closing of its latest travel and leisure focused private equity fund, KSL Capital Partners IV, L.P. (“KSL IV” or the “Fund”), with total commitments of $2.677 billion, including the commitment of the General Partner. Fund IV took less than a year to raise, with demand from both existing and new investors significantly surpassing the Fund’s original target amount of $2.25 billion. Investors in KSL IV include a diverse group of state pension funds, corporate
Continue reading "KSL Capital Fund IV raises $2.68 bln"

STTG Market Recap September 11, 2014

Indexes were in the red most of the session but a late rally pushes markets into the green. The S&P 500 added 0.09% and the NASDAQ 0.12%. News flow again remained slow; as it has been all week. Original post: STTG Market Recap September 11, 2014 Read the full article at StockTradingToGo.com

Read the full article at StockTradingToGo.com

STTG Market Recap August 15, 2014

A good week for the bulls ended in quiet fashion as indexes tried to gap up once again, which finally led to some selling - but a last hour rally helped change that. The S&P 500 fell 0.01% while the NASDAQ gained 0.27%; the NASDAQ continues to take over leadership of late. Next week the Fed will be in focus, with meeting minutes out on Wednesday and a gathering of central bank leaders...

Read the full article at StockTradingToGo.com

STTG Market Recap June 17, 2014

Indexes continue to act well - a much needed rest was needed after extreme major overbought conditions a week ago and a very calm and measured pullback has occurred. Those conditions are now resolved. The S&P 500 gained 0.22% and the NASDAQ 0.37%. The Federal Reserve started a 2 day meeting today than no one expects ends in anything but another $10B reduction in quantitative easing. ...

Read the full article at StockTradingToGo.com

STTG Market Recap April 30, 2014

Indexes opened down but rallied slowly all day, ending with a bit of a flourish after today's Federal Reserve announcement - which frankly was not at all unexpected.   They continued to decrease quantitative easing by $10B a month.  There was a dour first quarter GDP report (first pass, it will get revised) premarket which pressured he market some but the thesis that this was due to weather has been widely accepted.  THe S&P 500 gained 0.30% and the NASDAQ 0.27%.

Gross domestic product expanded at a 0.1 percent annual rate, the slowest since the fourth quarter of 2012, the Commerce Department said.  The slowdown, which also reflected the slowest inventory accumulation in nearly a year, was much sharper than Wall Street had braced for. Economists expected a 1.2 percent growth pace.  Exports fell at a 7.6 percent rate, the largest quarterly decline in five years, after growing at a 9.5 percent pace in the final three months of 2013.  Consumer spending, which accounts for more than two-thirds of U.S. economic activity, increased at a 3.0 percent rate, reflecting a spurt in spending on services linked to demand for heating and the Affordable Healthcare Act, which expanded healthcare coverage to many Americans.

The Federal Reserve is on the weather caused the slowdown bandwagon per their statement today:  "growth in economic activity has picked up recently, after having slowed sharply during the winter in part because of adverse weather conditions." The indexes remain the same; the S&P 500 is holding in very well and trying to build a range while the NASDAQ is struggling to create a new higher high.  Here are longer term charts: spx nasdaq After hours Yelp (YELP) reported; this stock has been decimated the past few months, losing nearly 50%.  The report was solid and the stock is up 5% in after hours.   Like many young companies, the revenue growth was strong but losses continue.
Yelp reported a first-quarter loss of $2.6 million, or 4 cents a share, on sales of $76.4 million. During the same period a year ago, the online review and recommendation company lost $4.8 million, or 8 cents a share, on revenue of $46.1 million. Analysts surveyed by FactSet had forecast Yelp to lose 6 cents a share on $75 million in sales.

< p>yelp Weibo (WB) which is the Chinese Twitter, and just came IPO in the past few weeks had its first nice session as a public company.  Obviously it is too young to use much technical analysis on. WB Under Armour (UA) is yet another example of a growth stock that has been punished the past 6 weeks; today it was upgraded so spiked, but these charts are ugly. ua We highlighted Altria (MO) a few weeks ago, and here is Lorillard (LO) as well - these are both cigarette stocks; exactly the type of safety stocks that continue to see inflows. mo lo Original post: STTG Market Recap April 30, 2014

McG’s Wonderland Sound and Vision Partners With LD Entertainment

McG‘s Wonderland Sound and Vision, a producer of music content, has entered into a multi-year partnership with private equity-backed LD Entertainment. The newly formed alliance will provide McG with the financial backing for Wonderland to independently develop, produce and finance its own slate of feature film, television and digital projects.

PRESS RELEASE

McG’s Wonderland Sound and Vision, a multifaceted media entity and consistent producer of hit content, has entered into a multi-year partnership with private equity backed LD Entertainment. Jointly announced today by McG and Mickey Liddell, CEO of LD Entertainment, the newly formed alliance will provide McG with the financial backing for Wonderland to independently develop, produce and finance its own slate of feature film, television and digital projects. McG has built his brand as a multi-hyphenate and pop culture curator by accumulating $1.1 billion in box office receipts, producing over 500 hours of prime-time network television, and writing three #1 songs.
“Wonderland is built for the most talented directors, writers, and actors to come over and get their films and television shows made. Our focus is to support the artist and get the material into production. This new relationship now puts Wonderland in a position to go straight into production on our projects. We are now a buyer and, in turn, plan to deliver product to the marketplace quickly and efficiently via traditional and emerging distribution platforms,” McG said.
“McG is one of the most creative and innovative talents in the entertainment industry,” said Liddell. “LD is thrilled to embark into a partnership with the incredible team at Wonderland. We look forward to collaborating on many diverse and interesting projects in film, television and new media.”
Gina Girolamo will spearhead Wonderland’s television division. Girolamo previously served as Alloy Entertainment’s Senior Vice President of Television, where she successfully executive produced eight projects to pilot and series including THE LYING GAME, THE NINE LIVES OF CHLOE KING (ABC Family), THE SECRET CIRCLE (The CW), HOW TO ROCK (Nickelodeon), 666 PARK AVENUE (ABC) and, most recently, THE 100 (The CW), THE ORIGINALS (The CW) and RAVENSWOOD (ABC Family). Prior to Alloy, Girolamo was Vice President, Comedy Programming at Universal Media Studios and Vice President, Comedy Development at NBC.
Mary Viola, who has been with Wonderland for four years, will continue to build and oversee Wonderland’s feature film slate, including the following films currently in post-production: A MANY SPLINTERED THING starring Chris Evans and Michelle Monaghan for Voltage Pictures, and MERCY, a horror film based on a Stephen King short story, with Blumhouse for Universal. She is overseeing THE DUFF for CBS FILMS, TINK for Disney and THE GIRL WHO CONNED THE IVY LEAGUE with Amanda Seyfried. Viola also produced Wonderland’s online series AIM HIGH for Warner Bros. digital distribution.
“Gina and Mary both possess a deep understanding of pop culture, powerful storytelling and an ability to identify new talent. These qualities, combined with Wonderland’s capacity to fund our own content, will allow us to immediately create the films and television shows we are passionate about,” McG said.
Wonderland previously had a very successful twelve year relationship with Peter Roth and his Warner Bros. television division.
McG is currently in post-production on his most recent directorial effort, 3 DAYS TO KILL, starring Kevin Costner. Produced by Europacorp and Relativity, the film is scheduled for a February 14, 2014 release. McG’s feature film directorial debut was the 2000 blockbuster CHARLIE’S ANGELS. The film debuted at number one domestically and became the biggest opening for a first-time director. Other feature films directed by McG include CHARLIE’S ANGELS: FULL THROTTLE (Sony), WE ARE MARSHALL (WB), TERMINATOR SALVATION (WB), and THIS MEANS WAR (FOX).
McG is repped by WME, Management 360 and the law firm of Sloane, Offer, Weber & Dern.
ABOUT WONDERLAND SOUND AND VISION
Wonderland Sound and Vision independently develops, produces and finances its own slate of feature films, television and digital projects. Wonderland is led by McG who has built his brand as a multi-hyphenate and pop culture curator by accumulating 1.1 billion in box office receipts, producing over 500 hours of prime-time network television, and writing three #1 songs. Wonderland is currently in post production on the following films: 3 DAYS TO KILL, directed by McG and starring Kevin Costner for Europacorp and Relativity, A MANY SPLINTERED THING starring Chris Evans and Michelle Monaghan for Voltage Pictures, and MERCY, a horror film based on a Stephen King short story with Blumhouse for Universal. Wonderland’s feature development slate includes: RUIN at Fox with Wes Ball attached to direct, TINK with Elizabeth Banks attached to star at Disney, MAGIC CASTLE at Fox and THE GIRL WHO CONNED THE IVY LEAGUE starring Amanda Seyfried. In the television space Wonderland’s current shows on the air include SUPERNATURAL, entering its ninth season on the CW, and NIKITA,entering its fourth season, also on the CW. Prior network shows include ground-breaking series THE OC, CHUCK, HUMAN TARGET and FASTLANE. In the digital space, Wonderland has produced GHOSTFACERS, SORORITY FOREVER and the highly successful series AIM HIGH (2 seasons) for Warner Bros. The company has multiple projects in the pipeline with Warner Bros. digital distribution department.
ABOUT LD ENTERTAINMENT
LD Entertainment released KILLER JOE, directed by William Friedkin, written by Tracy Letts, and starring Matthew McConaughey. Most recently, LD produced, financed and distributed DISCONNECT, which was directed by Henry-Alex Rubin, and starred Jason Bateman and Alexander Skarsgård.
In addition, LD Entertainment acquired ALBERT NOBBS, starring Glenn Close and BIUTIFUL, starring Javier Bardem, which were both distributed by Roadside Attractions. THE GREY, produced by LD and starring Liam Neeson, was distributed by Open Road Films. Collectively, LD’s films have received a total of five Academy Award nominations.
Upcoming films include THERESE, starring Elizabeth Olsen, Tom Felton, Oscar Isaac, and Jessica Lange, based on the novel Thérèse Raquin by Émile Zola and WHERE THE DEVIL HIDES, starring Rufus Sewell and Jennifer Carpenter.
Contact Information
Press Contacts:

Wonderland Sound & Vision
Joy Fehily
joy@primeprinc.com
310-841-0800

LD Entertainment
James Lewis
jlewis@ldentertainment.com
310-275-9600

The post McG’s Wonderland Sound and Vision Partners With LD Entertainment appeared first on peHUB.