G.F. Gay Le Breton and Mitch Murray, Chaffe & Associates Inc.//August 18, 2025 In a landmark transaction in July, Baton Rouge-headquartered Lamar Advertising Co. acquired Tempe, AZ-based Verde Outdoor using the first-ever UPREIT deal in the billboard industry. Rather than opting for cash or stock, Verde contributed more than 1,500 billboard faces, including 80 digital…
G.F. Gay Le Breton and Mitch Murray, Chaffe & Associates Inc.//September 15, 2025 In what may be the largest auto dealership transaction in Louisiana history, Baton Rouge-based All Star Automotive Group has agreed to sell for a reported $700 million. The buyer is Charleston, South Caroline-based Hudson Automotive Group. All Star was founded nearly four…
G.F. Gay Le Breton and Mitch Murray, Chaffe & Associates Inc. // July 21, 2025 https://bit.ly/Chaffe-CB-Jul25 New Orleans-based Crescent Bank has agreed to sell its auto financing division to Arra Finance. The deal, expected to close in the third quarter of 2025, will add Crescent’s $815 million auto loan portfolio, along with its servicing tech,…
G.F. Gay Le Breton and Liam Norton, Chaffe & Associates Inc. //April 15, 2025 https://bit.ly/Chaffe-CB-Apr25 Underscoring the critical role of infrastructure supporting the digital age, Eaton Corp., a global intelligent power management company, agreed in March to buy Minden, Louisiana-based Fibrebond Corporation in a transaction valued at $1.4 billion. The deal is expected to close…
G.F. Gay Le Breton and Liam Norton, Chaffe & Associates Inc. https://bit.ly/Chaffe-CB-Mar25 After agreeing to sell to United Rental (URI.N) in January, Baton Rouge-based H&E Equipment Services Inc. (HEES.O) found itself at the center of a high stakes bidding war between two industry giants. During H&E’s 35-day “go-shop” period following the United Rental bid, Herc…
G.F. Gay Le Breton and Liam Norton, Chaffe & Associates Inc. https://bit.ly/Chaffe-CB-Feb25 After agreeing to sell to United Rental (URI.N) in January, Baton Rouge-based H&E Equipment Services, Inc. (HEES.O) found itself at the center of a high stakes bidding war between two industry giants. During H&E’s 35-day “go-shop” period following the United Rental bid, Herc…
G.F. Gay Le Breton and Liam Norton, Chaffe & Associates Inc. https://bit.ly/Chaffe-CB-Jan25 M&A activity in Louisiana started 2025 with a bang when Baton Rouge-based H&E Equipment Services agreed on January 13th to sell to United Rentals, Inc. for $3.4 billion. United Rentals will acquire H&E for $92 per share in cash, plus the assumption of…
G.F. Gay Le Breton and Liam Norton, Chaffe & Associates Inc. https://bit.ly/Chaffe-CB-Dec24 For the second year in a row, Louisiana merger and acquisition activity declined. The state saw 171 transactions involving a Louisiana target, buyer, or seller announced or closed in 2024. This is an 8.6% decrease from 2023, when Louisiana had 187 transactions, and…
G.F. Gay Le Breton And Liam Norton, Chaffe & Associates Inc. https://bit.ly/Chaffe-CB-Mar24 Six greater New Orleans area companies were sold or made acquisitions in the month of February. New Orleans-based ChapterSpot, the leading provider of CRM and member management software for fraternal and chapter-based organizations, sold to Michigan-based Billhighway, a provider of financial management solutions…
G.F. Gay Le Breton And Liam Norton 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 transaction is significant because it will expand MBPCC’s services into north and central Louisiana, including rural clinics that are…