<strong>Vectron Systems AG has sold a majority stake to Shift4 Group</strong>

The Labor Department reported that <strong>initial jobless claims</strong> jumped to the highest level in nine months last week, led by a large increase in California. The increase could be related to the end of the school year or general seasonal volatility. California’s new law that mandates a $20 minimum wage for fast-food workers took effect in April. First time claims in regular state programs recorded 242,000 for the week ending June 8th after the prior week’s report of 229,000. The four-week moving average climbed to 227,000 from 222,250 the prior week. Continuing claims, which include people who have received unemployment benefits for a week or more, gained 30,000 to 1,820,000 for the week ending June 1st. The insured unemployment rate, the number of people currently receiving unemployment insurance as a percentage of the labor force, remained at 1.2%.

<strong>IQVentures Holdings, LLC has agreed to acquire The Aaron's Company, Inc.</strong> | $504 Million | 06/17/2024

Defending champions Florida State and Wake Forest lead the field of twelve teams announced today that will be competing in the 2024 Jackson T. Stephens Cup. This year’s competition will be held at Oklahoma City Golf &amp; Country Club in Nichols Hills, Oklahoma, from October 21-23. Now in its fourth year, the Jackson T. Stephens Cup has established itself as one of the premier tournaments in collegiate golf. The event is named in honor of the late Jackson (Jack) T. Stephens, the former Chairman of Augusta National Golf Club.

$101,885,000 | 06/26/2024

<strong>Stellex Capital Management has acquired TriplePoint MEP</strong>

<strong>MK Test Systems has been </strong><strong><strong>sold to Halma plc</strong></strong>

The Consumer Price Index (CPI) for the month of May was flat m/m and showed an increase of +3.3% y/y vs. the prior month of +0.3% m/m and +3.4% y/y.

The Labor Department reported that <strong>initial jobless claims</strong> increased last week to its highest number since early May. Despite the increase, the level remains in a range that suggests the labor market remains tight. First time claims in regular state programs recorded 229,000 for the week ending June 1st after the prior week’s report of 221,000. The four-week moving average declined to 222,250 from 223,000 the prior week. Continuing claims, which include people who have received unemployment benefits for a week or more, gained 2,000 to 1,792,000 for the week ending May 25th. The insured unemployment rate, the number of people currently receiving unemployment insurance as a percentage of the labor force, remained at 1.2%.

$36,100,000 | 06/13/2024