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State Tipoffs Involving Massachusetts Newsletter for 2024-12-06 ( 12 items )  
CCMP Growth Advisors Acquires Combined Caterers (10)
BOSTON, Massachusetts, Dec. 6 -- Ropes and Gray, a law firm, issued the following news: Ropes & Gray represented CCMP Growth Advisors in the acquisition of Combined Caterers, a premium event management and catering services provider. The transaction was announced on Dec. 3 in a press release. Financial terms were not disclosed. CCMP Growth is a New York-based, growth-oriented private equity firm focused on making lead buyout and growth equity investments in the Consumer and Industrial sectors. more PR

Cost-Efficient Strategies Can Significantly Cut Price of FuelEU Maritime Compliance, According to DNV (10)
BURLINGTON, Massachusetts, Dec. 6 (TNSres) -- DNV, a provider of classification, technical assurance, software and independent expert advisory services, issued the following news: According to a new DNV white paper outlining FuelEU Maritime requirements and compliance strategies for shipowners, compliance with the upcoming regulations will be expensive but applying certain strategies can significantly reduce the cost. Effective from 1 January 2025, the rules mandate stringent greenhouse gas (G more PR

GE Vernova to Provide Grid-Stabilizing Tech for 50Hertz's Renewable Energy Push in Germany (10)
CAMBRIDGE, Massachusetts, Dec. 6 -- G.E. Vernova, an energy company, issued the following news release: * * * * GE Vernova secures a contract with 50Hertz Transmission GmbH to deliver advanced STATCOM technology, supporting Germany's transition to a renewable energy future * The 300 Mvar FACTSFLEX GFM solution, with Grid Forming Control, will enhance grid stability and resilience as Germany integrates more renewable energy sources * STATCOM units will be deployed at key substations in German more PR

Goodwall and Circle Launch GoodForce: A Global Initiative Empowering Youth With USDC to Create Impact at Scale (10)
BOSTON, Massachusetts, Dec. 6 -- Circle Internet Financial, a financial technology firm, issued the following news release: Goodwall, a nextgen talent community with nearly 3 million young people worldwide, has partnered with Circle, the global financial technology firm, to launch the GoodForce -- a transformative initiative incentivizing youth to make measurable social and environmental impact while building financial stability through USDC. Through its regulated entities, Circle is the issue more PR

Goodwin Advised Nuvig Therapeutics on $161 Million Series B Financing, Progression to Phase 2 Development With Novel, Second-Generation Immunomodulator (10)
BOSTON, Massachusetts, Dec. 6 -- Goodwin, a law firm, issued the following news release: The Life Sciences team advised Nuvig Therapeutics, Inc., ("Nuvig") on the closing of a $161 million Series B financing co-led by Sanofi Ventures, Blue Owl Healthcare Opportunities (formerly Cowen Healthcare Investments), and Norwest Venture Partners, with participation from new investors, B Capital, Leaps by Bayer, Global BioAccess Fund, LOTTE Holdings, Alexandria Venture Investments, and funds managed by a more PR

Jones Lang LaSalle: B&D Holdings Acquires Fully Leased 109K SF Industrial Asset in Avon, Mass. for $18.5M (10)
CHICAGO, Illinois, Dec. 6 -- Jones Lang LaSalle, a real estate and investment management company, issued the following news release: * * * JLL Capital Markets facilitates sale of infill warehouse at 21 Parker Drive * * * BOSTON, Dec. 5, 2024 - JLL Capital Markets announced today it arranged the $18.5 million sale and acquisition financing for 21 Parker Drive, a 109,300-square-foot industrial asset in Avon, Massachusetts. JLL represented the seller, Oliver Street Capital and Bain Capital Rea more PR

Liberty Mutual Foundation Commits $9 Million in Collaborative Grants (10)
BOSTON, Massachusetts, Dec. 6 -- Liberty Mutual Insurance Group issued the following news release on Dec. 5, 2024: Today, Liberty Mutual Insurance announced the phase one recipients of its inaugural Impact Driven Collaboration (IDC) grants. This two-part competitive grant program funds collaborative projects that include three or more nonprofit organizations tackling some of society's biggest challenges. Over 60 nonprofit partners are part of the inaugural cohort, developing projects aimed at more PR

Mass. A.G. Campbell's Office Sues East Boston Company Over Improper Handling And Removal Of Asbestos In Milford (10)
BOSTON, Massachusetts, Dec. 6 -- Massachusetts Attorney General Andrea Joy Campbell issued the following news release on Dec. 5, 2024: * * * Lawsuit Seeks Penalties and Injunctive Relief Designed to Improve Compliance with Asbestos Regulations * * * MILFORD -- The Attorney General's Office (AGO) has filed a lawsuit (https://www.mass.gov/doc/metrowest-environmental-services-complaint/download) in Suffolk Superior Court against East Boston-based company MetroWest Environmental Services involvi more PR

MassMutual Elects Investment Leader Amy Stepnowski to Its Board of Directors (10)
SPRINGFIELD, Massachusetts, Dec. 6 -- Massachusetts Mutual Life Insurance Co. issued the following news release on Dec. 5, 2024: MassMutual today announced it has elected Amy Stepnowski, Chief Investment Officer of The Hartford and President of Hartford Investment Management Company ("HIMCO"), to the company's Board of Directors. "With her broad industry experience and proven expertise in investment strategy, Ms. Stepnowski is a welcome addition to our Board of Directors," said Roger Crandall, more PR

Mintz Advises DW Healthcare Partners on Continuation Fund (10)
BOSTON, Massachusetts, Dec. 6 -- Mintz, a law firm, issued the following news release: Mintz advised DW Healthcare Partners (DW) on the organization of a continuation vehicle to extend DW's investment in its portfolio company, Med Learning Group, a continuing medical education company, and to provide additional capital to support the company's further development and growth. The Mintz team was led by Private Equity Co-Chair Greg Fine and Investment Funds Practice Chair Kari Harris with Member more PR

MIT: 3 Questions - Community Policing in the Global South (10)
CAMBRIDGE, Massachusetts, Dec. 5 -- The Massachusetts Institute of Technology issued the following Q&A on Dec. 4, 2024, with professor and political scientist Fotini Christia: * * * International research co-led by Professor Fotini Christia finds an approach lauded in the US works differently in other regions. * * * By Peter Dizikes, MIT News The concept of community policing gained wide acclaim in the U.S. when crime dropped drastically during the 1990s. In Chicago, Boston, and elsewhere,  more PR

National Grid Energy Efficiency Incentives Extend Ski Season at Greek Peak Mountain Resort (10)
WALTHAM, Massachusetts, Dec. 6 -- National Grid, an electricity and natural gas delivery company, issued the following news release: Ski resorts rely on snowmaking equipment to blanket their trails when Mother Nature doesn't cooperate. This process is costly on several fronts. Most resorts use diesel-powered air compressors and electric cooling systems to make and spray snow on their mountains, which is expensive, releases exhaust and is not an efficient use of energy. National Grid helped one more PR