Stone Point Capital LLC will acquire a 51% interest in a new holding company that will own Cunningham Lindsey’s operating businesses
European, British divisions see revenue increase, Canadian and U.S. divisions see decline
Trend returned to “Stable”
Action reflects continuing weak financial performance
Unit to be renamed is Cunningham Lindsey Barlow
Although Canadian operations were up, the continuing strength of the Canadian dollar affected its bottom line
Change better aligns firm with its subsidiaries