ACG InterGrowth Attracts 1300 Dealmakers; CEO Varroney Affirms 2006 as Record M&A Year; Largest International M&A Event Being Held During Hot Merger Environment; Private Equity, Investment Banking Leaders Converge in Orlando.ORLANDO, Fla. -- The Association for Corporate Growth (ACG ACG American College of Gastroenterology; angiocardiography; apexcardiogram. AcG accelerator globulin (coagulation factor V). AcG accelerator globulin (clotting factor V). ), the premier professional organization focused on corporate growth, corporate development, and mergers and acquisitions, holds its 35th annual ACG InterGrowth in·ter·growth n. 1. The growing of one thing with or into another. 2. Mineralogy The growing together of crystals from two or more minerals. conference in Orlando, FL, this week during what could be a record year in mergers and acquisitions. ACG InterGrowth (www.acg.org/conferences/intergrowth/) is the world's largest international conference for private equity professionals, investment bankers, lenders, corporate development officers, lawyers and other service providers focused on corporate growth and mergers and acquisitions. This year's conference is the largest ever, with more than 1,300 dealmakers attending the three-day event three-day event a competition in the pleasure horse sport comprising usually one day each for dressage, cross country and show jumping. at the Hyatt Regency Grand Cyprus Hotel in Orlando, Florida The city of Orlando is a major city in central Florida and is the county seat of Orange County, Florida. According to the 2000 census, the city population was 185,951. A 2006 U.S. , on April 26-28. "With the M&A market white hot, and private equity fundraising and investments at record levels, ACG members are at the center of the dealmaking activity," said Daniel A. Varroney, ACG President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "The ACG/Thomson DealMaker's Survey in January revealed that the most ever - 90% - of the dealmakers surveyed said the M&A environment was good or excellent. We are now seeing that in action," said Varroney. "At the InterGrowth Capital Connection trade show on Thursday, 110 private equity firms are represented that have $63 billion under management, $40 billion of which is currently uninvested, so there is a lot of dry powder Dry Powder A slang term for cash reserves kept on hand to cover future obligations. Notes: For example, if a venture capitalist expects bad times in the IPO markets you might hear him say something like, "we want to keep enough dry powder around to keep funding our waiting for the right deal." According to recently released numbers from Dealogic PLC, the first quarter of 2006 was the third busiest for mergers and acquisitions ever recorded, and if the current pace continues, 2006 will be the busiest year ever for M&A. ACG InterGrowth offers: Great speakers. Including Dennis Cuneo, SVP SVP S'il Vous Plaît (French: Please) SVP Senior Vice President SVP Schweizerische Volkspartei (Swiss People~s Party) SVP Society of Vertebrate Paleontology SVP Social Venture Partners SVP St Vincent de Paul , Toyota North America; Allan Snape, VP Business Development, Fortune Brands; Keith Ferrazzi, author of "Never Eat Alone"; Raymond Wu, EVP EVP Executive Vice President EVP EGR (Exhaust Gas Recirculation) Valve Position Sensor EVP Electronic Voice Phenomenon EVP Europäische Volkspartei (Germany) EVP Employee Value Proposition , OmniVision Technologies; Jeffrey Walker, Managing General Partner, J.P. Morgan Partners, and many more. Superb keynotes and panels. Including: "The Future of Private Equity," "China M&A and Private Equity," and "M&A Integration: What Really Works." Continuous networking/dealmaking. 75% of attendees say they've struck deals because of their ACG membership. ACG DealSource "speed dating" and Capital Connection private equity marketplace facilitate dealflow. About ACG Founded in 1954, the Association for Corporate Growth (ACG) is a global association for professionals involved in corporate growth, corporate development, and mergers and acquisitions. Today ACG stands at nearly 10,000 members from corporations, private equity, finance, and professional service firms representing Fortune 500, Fortune1000, FTSE FTSE A company that specializes in index calculation. Although not part of a stock exchange, co-owners include the London Stock Exchange and the Financial Times. Notes: The FTSE is similar to Standard & Poor's in the United States. 100, and mid-market companies in 51 chapters in North America and Europe. For more information, please visit www.ACG.org. NOTE TO EDITORS: To interview ACG President and CEO Daniel A. Varroney on the current M&A environment and trends in private equity, or to attend ACG InterGrowth, please call Bill Haynes at 617-372-4314, or e-mail at bill.haynes@backbaycommunications.com. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion