Winner will be announced March 8
LOUISVILLE, Ky. (Feb. 25, 2016) — The Association for Corporate Growth – Kentucky Chapter (ACG-KY) has announced the finalists for the 2015 Deal of the Year awards. An independent panel of judges will select the Deal of the Year winner, which will be announced on March 8 at the ACG-KY Awards Breakfast at the Hilliard Lyons Conference Center, PNC Building.
“The inaugural Deal of the Year Awards will recognize the leading transactions, restructurings, financings and professional services firms,” said Matthew Saltzman, president of ACG-KY. “We are honored to be able to celebrate the ingenuity and creativity of these industry professionals and to recognize the contribution the 2015 award finalists have made in the Kentuckiana market.”
Angel’s Envy: Parties involved are Angel’s Share Brands/Louisville Distilling Co. (Louisville) and Bacardi Limited (Hamilton, Bermuda). Deal in March of 2015, with Angel’s Envy being acquired by Bacardi. Angel’s Envy’s new distillery and brand experience in downtown Louisville is planned for a 2016 opening and will showcase the great tradition of Kentucky bourbon-making.
Kindred Healthcare: Parties involved are Centerre Healthcare Corporation (Franklin, Tenn.) and Kindred Healthcare Inc. (Louisville). Deal in January of 2015, for approximately $195 million in cash with Centerre’s 1,600 employees joining Kindred, operating inpatient rehabilitation hospitals.
Trilogy Health Services: Parties involved are Trilogy (Louisville), Griffin-American Healthcare REIT III, Inc. (Irvine, Calif.) and NorthStar Healthcare Income, Inc. (NYC). Deal in December of 2015, for $1.125 billion (one of the sector’s largest transactions of the year). Griffin-American and NorthStar joint-venture acquisition of approximately 96 percent of Trilogy Investors LLC, the parent company of Trilogy Health Services LLC.