JAPEX Shares Drop as Middle East Tensions Drive LNG Costs and Production Risks 
Polymarket Seeks $400M Funding Round, Targets $15B Valuation Amid Prediction Market Boom 
Apple Stock Dips as Tim Cook Steps Down, John Ternus Named Next CEO 
Eli Lilly in Talks to Acquire Kelonia Therapeutics for Over $2 Billion 
Nidec Stock Rises After Accounting Probe Report Eases Delisting Concerns 
J.P. Morgan Downgrades Essity AB on Rising Costs and Weak Earnings Outlook 
Apple Wins ITC Ruling, Keeping Blood-Oxygen Feature on Apple Watch 
AEVEX Raises $320 Million in IPO Amid Surging Defense Sector Demand 
Amazon Expands AI Bet with Up to $25 Billion Investment in Anthropic 
OPmobility Reports Q1 Revenue Dip Amid Automotive Industry Slowdown 
Australia Extends Fuel Sulphur Relaxation Amid Iran War Supply Disruptions 
OpenAI's $20 Billion Cerebras Deal Signals Massive AI Infrastructure Push 
Chinese Robotics Stocks React as Humanoid Robot Marathon Sparks Competition Concerns 
SK Hynix Launches 192GB SOCAMM2 Memory for Nvidia’s Next-Gen AI Chips 
China Food Delivery Stocks Dip as Regulators Crack Down on “Ghost Deliveries” 
SpaceX President Gwynne Shotwell Earns $85.8M as IPO Buzz Grows 
John Ternus Signals Apple’s Future with Product-First AI Strategy 
ST. LOUIS, March 15, 2016 -- ButcherJoseph & Co. (“ButcherJoseph”) served as the exclusive financial advisor to ADG Acquisition Holdings, Inc. (“ADG” or the “Company”) in the structuring and funding of the Advanced Diagnostic Group Employee Stock Ownership Plan (“ESOP”). ADG is a leading provider of MRI and X-ray as well as all other imaging services throughout Florida.
Kevin Johnson, CEO of ADG, who will continue leading the Company, explained, “After educating ourselves on employee ownership, we determined that this structure would best position ADG for future success. We are proud to reward our loyal employees by providing them the opportunity to share in the growth of our Company. ButcherJoseph worked tirelessly to create the best possible outcome for our shareholders and employees, and their advice and efforts were critical in implementing this structure.”
ButcherJoseph Managing Partner Keith Butcher commented, “We were honored to partner with Kevin Johnson, the management and employees in ADG’s transition to employee ownership. ADG is a great, well-run organization that is positioned for tremendous continued success.”
About Advanced Diagnostic Group
Advanced Diagnostic Group is a leading provider of MRI and X-ray as well as all other imaging services throughout Florida, with locations in Tampa, Lakeland, Orlando, Kissimmee, Jacksonville, Orange Park, Brandon, Palm Beach Gardens and Jupiter.
About ButcherJoseph & Co.
ButcherJoseph & Co. (“ButcherJoseph”) is an investment bank headquartered in St. Louis with coverage in Chicago, Washington, DC, and Charlotte, NC. ButcherJoseph provides investment banking advisory services to middle market companies. With more than $7 billion in successfully completed Employee Stock Ownership Plan (“ESOP”) transactions, ButcherJoseph & Co. is known as a leader in the ESOP field.
Contact For Advanced Diagnostic Group: Kevin Johnson CEO Advanced Diagnostic Group 607 W Dr. Martin Luther King Blvd., Suite 103 Tampa, FL 33603 Email: [email protected] www.advanceddiagnosticgroup.com Contact For ButcherJoseph & Co.: Rose Newport Director of Marketing ButcherJoseph & Co. 101 S. Hanley Rd., Suite 1450 St. Louis, MO 63105 PH: 314-549-4045 Email: [email protected] www.butcherjoseph.com
