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J.P. Morgan Securities LLC is serving as monetary adviser to Hagerty in the deal, whereas Sidley Austin LLP is serving as the corporate’s legal adviser. Global Leisure Partners LLC and ThinkEquity LLC are serving as monetary adviser to Aldel. The transaction, once closed, will provide the new company with about $820 million in gross proceeds, with about $116 million coming from Aldel Financial’s April 2021 initial public offering. Hagerty employs about 1,550 individuals globally, with approximately 900 at the Traverse City headquarters.
For a full list of programs in this system including course descriptions, view the Automotive Business program define. This program includes a co-op work term component where you will achieve practical, on-the-job experience in your area.
The firm’s relocation, Pace Industries CEO Donald Hampton Jr. stated in a statement, sprouted from the will to plant the company nearer to a bigger … Read More