News

M&A Report: Largest cancer care organization in state expands into north and central Louisiana

G.F. Gay Le Breton And Liam Norton // February 6, 2024 https://bit.ly/Chaffe-CB-Feb24 Mary Bird Perkins Cancer Center (MBPCC), the largest cancer care organization in Louisiana, announced in January that it has entered into a strategic alliance with Shreveport-based MD Clinics. The …

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M&A Report: Louisiana merger and acquisition activity dropped in 2023

G.F. Gay Le Breton And Liam Norton // January 10, 2024 https://bit.ly/Chaffe-CB-Jan24 Louisiana merger and acquisition activity dropped in 2023, mirroring a disappointing global M&A market. Overall, the state saw 187 deals in 2023 involving a Louisiana target/buyer/seller announced or …

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M&A Report: Louisiana experiences 3 notable acquisitions in November

G.F. Gay Le Breton And Liam Norton // December 13, 2023 https://bit.ly/Chaffe-CB-Dec23 Louisiana witnessed three significant acquisition transactions making headlines in November. Baton Rouge-based Marucci Sports sold again, this time to Fox Factory Holding Corp for $572 million. The deal, …

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M&A Report: Louisiana companies make big moves in gas and jet fuel markets

G.F. Gay Le Breton And Liam Norton // November 15, 2023 https://bit.ly/Chaffe-CB-Nov23 Louisiana is home to some of the most dynamic and innovative energy and energy-adjacent companies in the country, and they have been busy making deals. Notable transactions that …

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M&A Activity: New Orleans-based crypto payment company sells to San Francisco firm

G.F. Gay Le Breton And Liam Norton//October 18, 2023 https://bit.ly/Chaffe-CB-Oct23 New Orleans-based Gilded Inc., a crypto payments and reporting platform, sold to San Francisco-based BitAlpha, Inc. in September for an undisclosed price. Gilded Chief Technology Officer Ken Gaulter will join …

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M&A Activity: Louisiana energy services companies actively pursue growth through acquisitions

G.F. Gay Le Breton And Liam Norton //September 19, 2023 https://bit.ly/Chaffe-CB-Sep23 With rising oil demand and increased drilling and production activity in the Gulf of Mexico, Louisiana energy services companies are actively pursuing growth through acquisitions. Two such companies announced …

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M&A Activity: Local biotech startup AxoSim makes an acquisition

G.F. Gay Le Breton And Ryan Gerton, Contributing Writers//August 8, 2023 https://bit.ly/Chaffe-CB-Aug23 New Orleans biotech startup AxoSim, Inc. reached an agreement in July with Vyant Bio, Inc. to acquire the microBrain-associated assets of its StemoniX subsidiary.  Effective immediately, AxoSim will …

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M&A: 3 Louisiana-based private equity groups announced acquisitions in June

By: G.F. Gay Le Breton And Ryan Gerton, Contributing Writers July 13, 2023 https://bit.ly/Chaffe-CB-July23 Three Louisiana-based private equity groups announced acquisitions in June, as they continue to deploy capital across a broad set of industries and geography. New Orleans-based Carr’s …

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Bidding war revs up to acquire Amedisys Inc., tops recent multi-billion-dollar M&A activity

By: G.F. Gay Le Breton And Ryan Gerton June 14, 2023 https://bit.ly/Chaffe-CB-June23 A bidding war to acquire Baton Rouge-based Amedisys Inc. seems to be heating up. On May 3, 2023, the publicly-traded home health and hospice care company agreed to …

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Reasonable People Can Disagree

Clary Hood, Inc. v. Commissioner T.C Memo. 2022-15 raised the issue of reasonable compensation under IRC Sec. 162(a)(1). The IRS questioned whether the amounts paid to Mr. Hood were deductible as a necessary business expense. In 1980, Clary Hood and …

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