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Stock impact report

Day & Nite Family of Companies Announces Strategic Partnership with Alvarez & Marsal Capital and Merger with AmeriServe [Yahoo! Finance]

TESCO PLC S/ADR (TSCDY) 
NASDAQ:AMEX Investor Relations: tescoplc.com/investors
Company Research Source: Yahoo! Finance
Alvarez & Marsal Capital ("A&M Capital"), a multi-strategy private equity investment firm, and a simultaneous merger with AmeriServe, a provider of kitchen and HVAC/R installation, repair, and preventive maintenance services, to create Day & Nite AmeriServe ("the platform") – a leading HVAC, refrigeration, and foodservice equipment service provider. The combined platform, to be led by Matthew Sher, CEO of Day & Nite, will deliver high quality service, operational excellence, and innovative solutions to corporations, restaurant groups, institutions, and healthcare organizations across the East Coast, Southeast, and Texas markets. A&M Capital's investment will support the platform's expansion into new geographies, which is intended to provide service capacity for its customers nationwide, reinforcing and broadening the company's commitment to quality and consistency. "I could not be more thrilled to combine these two incredible entities to provide the market with the ultimate servic Show less Read more
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