Industry News Archive

Media group’s acquisition tops M&A activity in April

By: G.F. Gay Le Breton and Alexander Aguilar May 19, 2023 https://bit.ly/Chaffe-CB-May23 Georges Media Group expanded its local presence in April with the acquisition of Arthur Hardy Enterprises, the publisher of the magazine and website which provide extensive coverage of Carnival …

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BCBSLA deal tops M&A news in January

By: G.F. Gay Le Breton and Alexander Aguilar February 13, 2023 https://bit.ly/Chaffe-CB-Feb23 Louisiana’s big M&A news in January was that Blue Cross and Blue Shield of Louisiana (BCBSLA) entered into an agreement to sell to Indianapolis-based Elevance Health Inc. (Elevance). As a nonprofit, …

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DEATH SENTENCE FOR NONCOMPETES; What the FTC rule proposal means to you

By Marc S. Katsanis, CPA/ABV/CEIV/ CFA/CPVA and Nene Glenn Gianfala, CPA/ABV/CEIV/ ASA-BV/IA On January 5, 2023, the Federal Trade Commission proposed a new rule, which would impose a near-complete ban on the use of noncompetes by employers. The FTC’s mission is to …

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CF Industries Holdings tops March M&A activity with $1.6B purchase of Waggaman ammonia plant

By: G.F. Gay Le Breton and Alexander Aguilar April 21, 2023 https://bit.ly/Chaffe-CB-Apr23 CF Industries Holdings, a global manufacturer of hydrogen and nitrogen products, has agreed to pay $1.675 billion for a Waggaman ammonia plant and related assets.  Australia-based Incitec Pivot Ltd …

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Investigate the present to see the future: Forensics and Valuation

Nene Gianfala was featured in the latest Association of International Certified Professional Accountants article. “Business valuation is that beautiful marriage between accounting and finance,” said Nene Glenn Gianfala, CPA/ABV, CEIV, ASA-BV-IA, vice president and shareholder at a New Orleans–based investment …

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Louisiana-based Lemoine’s acquisition of Macro Companies tops monthly M&As

By: G.F. Gay Le Breton and Alexander Aguilar March 7, 2023 https://bit.ly/Chaffe-CB-Mar23 Louisiana-based Lemoine continued to broaden its emergency preparedness and disaster recovery services in February with the acquisition of Macro Companies, one of the world’s largest emergency fuel and water …

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Louisiana experienced 206 mergers or acquisitions in 2022

By: G.F. Gay Le Breton and Alexander Aguilar January 26, 2023 https://bit.ly/Chaffe-CB-Jan23 Despite global geopolitical tension, inflation and rising interest rates, Louisiana saw 206 acquisition or merger transactions announced or closed in 2022 that involved a buyer, seller or target company …

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409A Valuations: What You Need to Know

Join Nene Gianfala on her first podcast for the AICPA FVS Section as she discusses 409A Valuations with two recent speakers at the 2022 AICPA FVS Conference in Las Vegas. In this episode, we will discuss 409A Valuations, how to …

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Vanessa Claiborne to moderate panel at ACG January Luncheon Speaker Series

Vanessa Brown Claiborne will moderate a panel on The Cannabis Industry in Louisiana at the ACG January Luncheon Speaker Series. The event will take place on January 10, 2023, at Restaurant August in New Orleans, LA. To learn more or …

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MasteryPrep, CDR Software transactions top November M&A Activity

By: G.F. Gay Le Breton and Alexander Aguilar December 21, 2022 https://bit.ly/Chaffe-CB-Dec2022 Two Louisiana technology companies that are meeting challenges accelerated by the COVID pandemic sold in November. One is focused on education and the other in supply chain management. Baton …

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