Friday - November 29, 2024
State Tipoffs Involving Illinois Newsletter for Friday August 16, 2024 ( 13 items )  

Election 2024: DePaul University Experts Available to Discuss Races Across U.S.
CHICAGO, Illinois, Aug. 16 (TNSres) -- DePaul University issued the following news release: * * * Foreign policy, immigration, government spending among key issues for voters * * * Less than a week from the Democratic National Convention in Chicago and three months from election day, candidates are making their pitch to voters for positions across federal and state governments. DePaul University experts are available to discuss key topics surrounding races for U.S. President and Congress lik  more

Governor Gordon Appoints New CIO for Enterprise Technology Services
CHEYENNE, Wyoming, Aug. 16 -- Gov. Mark Gordon, R-Wyoming, issued the following news release: Governor Mark Gordon has announced the appointment of Jeff Clines as the new Chief Information Officer of the Department of Enterprise Technology Services (ETS). He replaces ETS' Chief Information Security Officer Aaron Roberts, who has served as Interim Director since April. Clines comes to Wyoming from South Dakota, where he served since 2020 as Chief Information Officer for the South Dakota Bureau   more

Governor Pritzker Announces $20 Million Commitment to Propel Innovation and Semiconductor Leadership in Illinois
SPRINGFIELD, Illinois, Aug. 16 -- Gov. JB Pritzker, D-Illinois, issued the following news release on Aug. 15, 2024: * * * Funding to Accelerate Tech Advancements Aligned with CHIPS and Science Act * * * Today, Governor JB Pritzker and the Illinois Department of Commerce and Economic Opportunity (DCEO) announced a pivotal $20 million commitment to further elevate Illinois' position as a national leader in technology and innovation through the Venture Investment for Semiconductor Technology Ad  more

Ill. Auditor General: 'Executive Ethics Commission -- Compliance Examination'
SPRINGFIELD, Illinois, Aug. 16 -- The Illinois Auditor General issued the following compliance examination on Aug. 15, 2024, involving Executive Ethics Commission. Here are excerpts: * * * FINDINGS, CONCLUSIONS, AND RECOMMENDATIONS VOUCHER PROCESSING INTERNAL CONTROLS NOT OPERATING EFFECTIVELY The Executive Ethics Commission's (Commission) internal controls over its voucher processing function were not operating effectively during the examination period. Due to our ability to rely upon the  more

Ill. Auditor General: 'Illinois Department of Employment Security -- Financial Audit'
SPRINGFIELD, Illinois, Aug. 16 -- The Illinois Auditor General issued the following financial audit on Aug. 15, 2024, involving the Illinois Department of Employment Security. Here are excerpts: * * * INTRODUCTION This digest covers the financial statement audit of the Unemployment Compensation Trust Fund of the State of Illinois, Department of Employment Security (Department) as of and for the year ended June 30, 2023. A digest covering the Department's State Compliance Examination for the   more

Kirkland Advises Blackstone on Majority Stake Acquisition in Leading Hotel Accounting Software, Services Provider M3
CHICAGO, Illinois, Aug. 16 -- Kirkland and Ellis, a law firm, issued the following news release: Kirkland & Ellis advised Blackstone Growth and affiliated funds on a definitive agreement for a majority investment in M3, LLC, a cloud-based financial platform and services company serving over 8,000 properties across North America's hospitality industry. The investment will help to accelerate M3's growth by enhancing new product expansion and supporting the adoption of M3's software, which enable  more

Kirkland Advises Blackstone, Legence on Acquisition of New York City-Based AMA Group
CHICAGO, Illinois, Aug. 16 -- Kirkland and Ellis, a law firm, issued the following news release: Kirkland & Ellis advised Blackstone and its portfolio company Legence, North America's leading integrated provider of energy efficiency and sustainability solutions for the built environment, on the acquisition of AMA Group, a New York City-based national engineering services firm. Over the next several months, AMA will integrate into CMTA, Legence's largest mechanical, electrical and plumbing engi  more

Kirkland Advises Butterfly on Sale of Stake in MaryRuth Organics
CHICAGO, Illinois, Aug. 16 -- Kirkland and Ellis, a law firm, issued the following news release: Kirkland & Ellis advised private equity firm Butterfly on the sale of a majority of its stake in vitamins, minerals and supplements brand MaryRuth Organics, LLC. The transaction was announced August 15, 2024. Since acquiring a stake in MaryRuth's in August 2021, Butterfly has helped the Company nearly triple in size and quadruple its profitability. Under the new capital structure, MaryRuth Ghiyam a  more

Kirkland Advises EOC Partners, Elda River Partners in Preferred Equity Investment in Brazos Midstream
CHICAGO, Illinois, Aug. 16 -- Kirkland and Ellis, a law firm, issued the following news release: Kirkland & Ellis represented a consortium led by EOC Partners and Elda River Partners in a preferred equity investment in Brazos Midstream Holdings III, a Permian Basin midstream company backed by Old Ironsides Energy, EnCap Flatrock Midstream, Brazos management and other strategic investors. The proceeds of the investment will be used to, among other things, fund construction of new-build gatherin  more

Kirkland Advises Telemach Slovenia on Agreement to Acquire T-2
CHICAGO, Illinois, Aug. 16 -- Kirkland and Ellis, a law firm, issued the following news release: Kirkland & Ellis is advising Telemach Slovenia, a subsidiary of United Group and a portfolio company of BC Partners, on the signing of a share purchase agreement with Garnol for the acquisition of business shares in T-2, securing at least 98.06% ownership in the company. The transaction will be completed upon receiving the necessary approvals. Through this transaction, Telemach Slovenia will initia  more

Kirkland Counsels Delek Logistics Partners on $200M Senior Notes Offering
CHICAGO, Illinois, Aug. 16 -- Kirkland and Ellis, a law firm, issued the following news release: Kirkland & Ellis advised Delek Logistics Partners, LP (NYSE:DKL), a master limited partnership and operator of logistics and marketing assets for crude oil and refined products, and its subsidiaries on a Rule 144A/Regulation S tack-on offering of $200 million of senior notes due 2029. Read Delek's press release. The Kirkland team was led by capital markets partners Michael Rigdon and Ieuan Adrian   more

Multiple Roosevelt Students are Awarded Two Prestigious Fellowships
CHICAGO, Illinois, Aug. 16 (TNSres) -- Roosevelt University issued the following news: Roosevelt University is proud to announce that multiple students have been awarded the Diversifying Higher Education Faculty in Illinois (DFI) fellowship and the Chicago Area Schweitzer Fellowship. In total, 16 Roosevelt students have earned over $250,000 in awards to complete their higher education from a variety of programs. The DFI fellowship is awarded by the Illinois Board of Higher Education with the g  more

Northwest Hosting Farmers, Ag Experts for 'Innovation Showcase'
MARYVILLE, Missouri, Aug. 16 (TNSres) -- Northwest Missouri State University issued the following news release: Farmers throughout the region are invited to join Northwest Missouri State University and its School of Agricultural Sciences in collaboration with BioSTL for an "Innovation Showcase" featuring innovators in the ag industry. The program is 9 a.m. to 3 p.m. Thursday, Sept. 5, at Northwest's Agricultural Learning Center, located at 22893 U.S. Highway 71 in Maryville. The Northwest sess  more