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Scale and Data Drive Valuations in Banner PE Deals, Riverside s Manning Says

May 26, 2021 Riverside Co.’s Joe Manning tells Mergers & Acquisitions that the intersection of scalable tech platforms in fragmented markets and secular growth warrant the froth in deal valuations. On top of increased buyside competition for assets and a rise in club deals, a specific type of target asset profile is responsible for soaring valuations. Riverside will continue to target deals in this niche as Joe Manning tells us. Takeover valuations have trended higher in 2020, led by a surge in offers made by private equity. And surveys indicate financial sponsors expect the trend to continue.   What companies are in this valuation sweet spot for disposals?

Tesco Ireland unveils recyclable potato packaging

Tesco Ireland is set to trial new recyclable, paper-based packs for its 1kg new season potatoes, in addition to reducing the amount of plastic used in its 2.5kg potato packaging.

Local pools prepare for open season

With Memorial Day just a few weeks off, area residents are looking forward to spending some leisure time at their favorite community swimming pools. In Fayette County, the Flatwoods Community Pool in Franklin Township will open Memorial Day weekend, operating from noon to 8 p.m. on weekends and 4 to 8 p.m. weekdays until schools adjourn classes for the summer. They will be following any mask mandates or CDC recommendations from the state. Township Supervisor Tim Kelley said that even though the pool didn’t open until July 1 last year, the weather allowed them to have a good season. “Last year we had a good year, even though we were only open two months,” he said. “Hopefully we’ll have a successful year, but it all depends on the weather.”

Joe Manning: His interest in people knew no borders

Don t miss the big stories. Like us on Facebook.   A man visits a town and there’s something about it he falls in love with. He has an eye for architecture, yes, and an interest in history, but what unfolds is his intense interest in the people of this green valley. He wants to hear and tell their stories. In October, 1996, I was sitting in the little second floor office of the weekly Advocate on Spring Street in Williamstown, Mass. A man came in and said he was working on a project about nearby North Adams, my hometown. I was more than happy to talk to him on tape about growing up there.

Our Opinion: Like the history he preserved, Joe Manning won t be forgotten

For more than 25 years, Mr. Manning’s faith and optimism in North Adams never wavered. NORTH ADAMS — Joe Manning, who observed, wrote about and cherished the city of North Adams for more than two decades, has died. While Mr. Manning, of Florence, never lived in North Adams, he knew as much, if not more, about this city — from its people to its history to what makes North Adams “North Adams” — than any lifelong resident. Last week, Mr. Manning died. He was 79. Mr. Manning first came to visit North Adams in 1996, lured by its realities and possibilities as an up-and-coming and revitalized community. He befriended the city at a time when its proud history and promising future were learning to become allies. And he quickly embraced both: He saw North Adams’ steeple-filled skyline and its horizon amid the development stages of the Massachusetts Museum of Contemporary Art.

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