Latest news with #Erik
Yahoo
2 days ago
- Business
- Yahoo
Tequity Advisors Welcomes Erik Wayton as Senior Vice President, M&A Advisor
TORONTO, May 29, 2025 /PRNewswire/ -- Tequity Advisors, a leading sell-side M&A advisory firm focused on B2B Enterprise Cloud, SaaS, product and services companies, is pleased to announce the appointment of Erik Wayton as Senior Vice President, M&A Advisor. With over 25 years of experience in sales leadership, business development, and strategic advisory, Erik brings exceptional insight and industry expertise to the Tequity team. His appointment reinforces the firm's commitment to delivering outstanding results for technology companies pursuing strategic exits, mergers, and carve-outs. In his role as SVP, Erik will focus on building and nurturing relationships with CEOs and executive teams, guiding them through the complexities of M&A transactions in high-growth sectors including FinTech, HealthTech, GovTech, AI, SaaS, and Managed Service Providers (MSPs). His deep understanding of business development and digital transformation positions him as a trusted partner for companies looking to maximize value and achieve strategic growth. "Erik's deep industry knowledge and client-centric approach align perfectly with our mission to deliver transparent, integrity-driven advisory services," said Alex MacKay, President and Co-Founder at Tequity Advisors. "His ability to connect with technology leaders and facilitate successful outcomes will further strengthen Tequity Advisors' reputation as a trusted partner in the M&A landscape." Tequity Advisors has established itself as a leading advisor in the technology sector, with a proven track record of over 50 successful transactions in the past five years, working with SaaS companies, legacy software providers, Independent Software Vendors (ISVs), service providers, and XaaS companies across major cloud ecosystems. The firm's focus on transparency, integrity, and client-centricity continues to drive its success. "I'm excited to join Tequity Advisors and contribute to its legacy of excellence in M&A advisory," said Erik Wayton. "I look forward to partnering with innovative technology companies and helping them achieve their strategic goals with confidence and clarity." Based in Austin, Texas, Erik leads Tequity Advisors' new office at 111 Congress in the heart of downtown, a strategic move in the firm's US expansion. Austin's reputation as a hotspot for technology, SaaS, and AI startups makes it the ideal location for Tequity to tap into the region's vibrant tech ecosystem and support the growing number of innovative companies driving the area's rapid expansion. About Tequity Tequity Advisors partners with Enterprise B2B SaaS, product and services companies to drive growth and expertly navigate exit strategies through M&A. With decades of experience as executives, consultants, and business owners in the software and IT sectors, Tequity offers unparalleled industry insights and a global network of strategic, growth-driven buyers. Tequity is committed to facilitating successful M&A transactions that maximize value and fuel long-term success. For more information, visit Media Contact: Ankita JainTequity Advisors395901@ +1 647-870-7006 View original content to download multimedia: SOURCE Tequity Advisors Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
3 days ago
- Business
- Yahoo
Nordstrom leaves Wall Street on a high note
This story was originally published on Retail Dive. To receive daily news and insights, subscribe to our free daily Retail Dive newsletter. Nordstrom has departed Wall Street, having delisted from the New York Stock Exchange as of Wednesday, and took its leave with wind in its sails. The Nordstrom family and Mexican department store conglomerate El Puerto de Liverpool earlier in the week announced they completed their all-cash acquisition of the retailer for $24.25 per share, or about $6.25 billion. The Nordstroms retain a controlling stake. Brothers Erik and Pete Nordstrom are once again teamed up, serving as co-chief executives of the department store launched by their great-grandfather. Five years ago the company dismantled that team structure, naming Erik CEO and Pete chief brand officer. Previously, the Nordstroms and their brother Blake, who died unexpectedly in 2019, led the company as co-presidents. With an onslaught of tariffs from the Trump administration undermining consumer confidence and potentially the economy, some analysts had speculated that the deal could falter. It would have been a familiar disappointment: The family tried but failed to drum up enough financing to take the retailer private eight years ago. This time, however, they succeeded. Nordstrom will operate as a private company with relative strength in the embattled department store space. The retailer is poised to take share from Saks Fifth Avenue and Neiman Marcus, with the strongest year-on-year traffic growth among luxury department stores, according to Thanks to both its full-line and off-price Rack operations, Nordstrom is the only department store with 'consistently positive comps over the last few quarters,' according to TD Cowen analysts led by Oliver Chen. In the tariff era, Nordstrom's low concentration of private labels is an asset because such brands have the 'greatest exposure to China and fewer vendor partners to help shoulder the burden of increased costs due to tariffs,' Chen also said. The take-private move is widely seen as an opportunity for Nordstrom to improve its operations outside the glare of its investors. "The completion of this transaction is an important milestone in our nearly 125-year history," Erik Nordstrom said in a statement. "As we embark on this new chapter, we remain focused on what matters most: providing outstanding service, offering the best merchandise, and ultimately, helping our customers feel good and look their best.' Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
5 days ago
- Yahoo
Menendez brothers seen on old NBA card that's now collector's item
An old NBA basketball card is becoming a big hit with collectors thanks to a pair of courtside spectators featured on it. Erik and Lyle Menendez, the infamous brothers convicted in the grisly double murder of their parents in the 1990s, are seen on a 1990 Hoops card of one-time Raptor Mark Jackson, then of the New York Knicks. According to a TMZ report, some people are sending the card to the brothers in prison so it can be autographed. eBay even removed some cards that listed them as the reason for the value of the card, citing polices against items associated with violent crimes, according to FOX News. They have become relevant again thanks to documentaries about their saga and possible abuse by their father. They were convicted in 1996. The Menendez brothers bought courtside seats often for the Knicks during the 1989-90 NBA season as part of their spending spree after the August 1989 murders of their parents Kitty and Jose Menendez. In their 1995 trial, jewelry sales representative Mary Ellen Mahar testified that the brothers had come to her store just four days after the killings and spent about $15,000 on three Rolex watches. Lyle rented upscale properties and lived in expensive hotels like the Beverly Hills Hotel, according to FOX. They are now eligible for parole after their recent resentencing. They will appear before the parole board via video on June 13, 2025.
Toronto Sun
5 days ago
- Toronto Sun
Menendez brothers seen on old NBA card that's now collector's item
Former Raptor Mark Jackson is the player on the card. Erik and Lyle Menendez are seen on a 1990 Hoops card of one-time Raptor Mark Jackson, then of the New York Knicks. Photo by eBay / eBay An old NBA basketball card is becoming a big hit with collectors thanks to a pair of courtside spectators featured on it. This advertisement has not loaded yet, but your article continues below. THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. SUBSCRIBE TO UNLOCK MORE ARTICLES Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. REGISTER / SIGN IN TO UNLOCK MORE ARTICLES Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account. Share your thoughts and join the conversation in the comments. Enjoy additional articles per month. Get email updates from your favourite authors. THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK. Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account Share your thoughts and join the conversation in the comments Enjoy additional articles per month Get email updates from your favourite authors Don't have an account? Create Account Erik and Lyle Menendez, the infamous brothers convicted in the grisly double murder of their parents in the 1990s, are seen on a 1990 Hoops card of one-time Raptor Mark Jackson, then of the New York Knicks. According to a TMZ report, some people are sending the card to the brothers in prison so it can be autographed. eBay even removed some cards that listed them as the reason for the value of the card, citing polices against items associated with violent crimes, according to FOX News. They have become relevant again thanks to documentaries about their saga and possible abuse by their father. They were convicted in 1996. The Menendez brothers bought courtside seats often for the Knicks during the 1989-90 NBA season as part of their spending spree after the August 1989 murders of their parents Kitty and Jose Menendez. In their 1995 trial, jewelry sales representative Mary Ellen Mahar testified that the brothers had come to her store just four days after the killings and spent about $15,000 on three Rolex watches. Lyle rented upscale properties and lived in expensive hotels like the Beverly Hills Hotel, according to FOX. They are now eligible for parole after their recent resentencing. They will appear before the parole board via video on June 13, 2025. Relationships Columnists Football Canada Celebrity
Winnipeg Free Press
5 days ago
- Winnipeg Free Press
Judge adjourns landmark private prosecution animal-rights case until later date
What was supposed to be the start of landmark court proceedings in Winnipeg — believed to be the first time a private prosecution involving farm animals has reached trial in Canada — was quickly adjourned Monday to a later date. Animal-rights organization Animal Justice took the rare step of obtaining judicial approval to privately prosecute Swan River-area horse exporter Carolyle Farms over a Dec. 12, 2022 shipment by air of horses which it alleges violated the law. The animal-rights organization alleges the shipment of horses to Japan, where horse meat is sold raw as a culinary delicacy, unlawfully exceeded the 28-hour time limit under federal legislation that live horses are allowed to be in transport without food and water. The farm owners' defence lawyer, Lindsay Mulholland, successfully argued for an adjournment over late disclosure in front of provincial court Judge Stacy Cawley, after private prosecutor Dan Stein disclosed evidence to her last week and Sunday evening. Mulholland argued she needed more time to review the evidence in order to fully answer to the charge on behalf of her client. Among the evidence she said she received late was the extent one of the private prosecution's proposed expert witnesses had advocated against the horse-shipment industry, including by signing a petition seeking legislative change. Stein opposed the motion, arguing the defence had most of the evidence that was to be called, with only minor information sent late, while questions of the qualifications of expert witnesses had been raised at pre-trial. 'In my view, fairness dictates that I must grant the adjournment request in order to make full answer in defence,' said Cawley. Animal Justice alleges the farm failed to have a contingency plan in place to respond to unforeseen delays that could result in the suffering of an animal. Farm owner Lyle Lumax previously argued the shipment followed best practices, with input on the ground from Canadian Food Inspection Agency officials, Japanese officials and the plane company. Private prosecutions, which are rarely heard in the Canadian justice system, involve an individual — rather than authorities such as police or the Crown — with evidence of reasonable and probable grounds asking the court to authorize a charge against a person they believe committed a crime. The charge was approved to proceed to trial by a provincial court judge last year. Further trial dates are to be set early next month. Erik PinderaReporter Erik Pindera is a reporter for the Free Press, mostly focusing on crime and justice. The born-and-bred Winnipegger attended Red River College Polytechnic, wrote for the community newspaper in Kenora, Ont. and reported on television and radio in Winnipeg before joining the Free Press in 2020. Read more about Erik. Every piece of reporting Erik produces is reviewed by an editing team before it is posted online or published in print — part of the Free Press's tradition, since 1872, of producing reliable independent journalism. Read more about Free Press's history and mandate, and learn how our newsroom operates. Our newsroom depends on a growing audience of readers to power our journalism. If you are not a paid reader, please consider becoming a subscriber. Our newsroom depends on its audience of readers to power our journalism. Thank you for your support.
