McGuireWoods partner and host Geoff Cockrell, invites Matt Stekier, a principal at Plante Moran’s management consulting group, to discuss challenges in the medical devices and product sector. 

Matt covers supply chain vulnerabilities, inventory management issues and post-acquisition integration. He explains how Plante Moran helps clients identify and mitigate these challenges, including through

Wellspring Capital Management has acquired Summit Spine & Joint Centers, according to a news release.

Summit, founded in 2014 and based in Lawrenceville, Georgia, is a provider of minimally invasive spine services in the southeastern United States. Summit manages and operates 17 ambulatory surgery centers and 44 clinics across Georgia, North Carolina, South Carolina and Tennessee.

Wellspring

In the last few weeks, the Financial Crimes Enforcement Network (FinCEN) has circulated several instructions focusing on money services businesses operating in the southwest United States, answering the current Administration’s call for increased security measures in that area. 

On March 11, FinCEN issued a Geographic Targeting Order (GTO) adding more requirements to certain money services businesses (MSBs) operating along the southwest United States border in Texas and California.  Federal law permits the Secretary of the Treasury to issue a GTO if he finds that additional measures are needed to properly comply with the Bank Secrecy Act.  A GTO lasts 180 days, unless extended.

Insight Partners has sold CentralReach to Roper Technologies for around $1.65 billion, according to a news release.

CentralReach, founded in 2012 and based in Fort Lauderdale, Florida, is a provider of software to support the workflow and administration of applied behavior analysis therapy.

Insight Partners, founded in 1995 and based in New

On March 7, 2025, the California Privacy Protection Agency (“CPPA”), which is tasked with enforcing the California Consumer Privacy Act (“CCPA”) entered a Stipulated Final Order (“Order”) with American Honda Motor Co., Inc. (“Honda”), fining Honda $632,500.  This Order is instructive as to CPPA’s views on various topics covered by the CCPA.  Among other things, the Order makes clear that:

The guidance U.S. companies have been waiting for after years of ups and downs is finally here.  In line with our last update, on March 21, 2025, FinCEN issued an interim final rule exempting U.S. companies and persons from the requirement to report, modify, or correct beneficial ownership information under the Corporate Transparency Act (CTA) by excluding such entities from the scope of the term “reporting company.”