CHICAGO, Ill. (Feb. 21, 2018) – Ryan Specialty Group LLC announced that it has reached a definitive agreement to acquire the assets and operations of New Day Underwriting Managers LLC (New Day), a specialty intermediary with offices in Hamilton, New Jersey. New Day will become part of R-T Specialty, LLC (RT Specialty), the wholesale brokerage unit of Ryan Specialty Group (RSG).

WASHINGTON (Feb. 26, 2018) — The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new business volume for January was $6.9 billion, up 10 percent year-over-year from new business volume in January 2017.

WASHINGTON (Feb. 26, 2018) – The American Institute of Architects (AIA) has produced the first-ever Small Firm Compensation Report, dedicated to the unique needs and structure of small architecture firms. The report includes data on compensation trends and employee demographics at small firms, which are defined as those legally structured as sole proprietorships (regardless of number of employees) and architecture firms with fewer than three architectural staff employees.

ROLLING MEADOWS, Ill. (Feb. 26, 2018) — Komatsu America Corp. announced it has entered into a purchase agreement with PBE Group, consisting of Pine Bush Equipment Co. Inc. and East PBE Inc., to purchase the assets of PBE group, subject to a period of due diligence and final approval of Komatsu Ltd. (with the exception of the Kubota line of equipment and parts). The planned closing date for the sale is April 1, 2018.

McCONNELLSBURG, Pa. (Feb. 16, 2018) — JLG Industries Inc. launched JLG DirectAccess. This new digital property is designed to provide equipment owners and operators with a wide-range of information to help them better understand their access equipment, the industry, its regulations and future technologies.