May03Mon

Member News from Aramark

Aramark to buy New Jersey health care hospitality firm
Philadelphia Business Journal 

Aramark Corp. has agreed to acquire Next Level Hospitality, a provider of culinary and environmental services in skilled nursing and rehabilitation facilities.

Terms of the deal were not disclosed.

Founded in 2017, Next Level Hospitality is headquartered in Bergen County, New Jersey, and generated revenue of $160 million in the last 12 months ending March 31. The revenue is expected to be accretive to Aramark’s earnings by early fiscal 2022. Next Level will operate as a separate division under its own brand within Aramark’s health care business.

Click HERE to read more.

Apr29Thu

Member News from Galera Therapeutics

Galera’s stock soars after release of positive study data for its experimental cancer therapy
Philadelphia Business Journal

Galera Therapeutics’ stock price opened up 41% after the Malvern biopharmaceutical company provided updated results from early-stage testing of its experimental therapy for advanced pancreatic cancer.

The company’s stock began trading Thursday at $9.34 per share after closing Wednesday at $6.61.

Galera (NASDAQ: GRTX) is developing proprietary therapies that have the potential to transform radiotherapy in cancer. Its small-molecule new drug candidates are designed to protect normal cells and sensitize cancer cells to radiation therapy.

The company’s Phase 1/2 pilot trial of its new drug candidate GC4419, also referred to as avasopasem, is testing the experimental treatment in patients with locally advanced pancreatic cancer who are undergoing stereotactic body radiation therapy.

Click HERE to read more.

 

Apr28Wed

Thank you to our renewing members!

Thank you to our members who continue to support the Chamber through their membership, you make our mission possible!

Renewing members in April:

Large Corporate Members
• Murtagh Brothers General Contracting, Paul & Theresa Murtagh

Mid-Size Firms
• PhilaPort (The Port of Philadelphia), Joseph Fox

Individual Members
• Robert Mauro, Global Leadership Institute at Boston Collage
• Stephen O’Sullivan, Darragh Photography
• Sean Fahey, Troutman Pepper
• Brian Strauss, NextGEN Benefit Advisors
• Michelle D. Kane, VoiceMatters, LLC
• Angela Cassidy, TransPerfect
• Damon C. Ireland, Birch Run Investments

Apr27Tue

Member News from Jerry Maginnis

Centri Announces Jerry Maginnis, Former KPMG Philadelphia Office Managing Partner, as a Senior Advisor

Philadelphia, PA – April 27th, 2021 – Centri Business Consulting, LLC is excited to announce the engagement of Jerry Maginnis as a Senior Advisor, Strategy & Growth, to the firm.  Jerry will bring his deep expertise in accounting, advisory and professional services to consult across the firm’s practices, with a focus on strategy and growth initiatives.  He will provide counsel to senior management and guidance to foster the continued rapid growth of the organization.

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