ACG Louisiana significantly expanded its DealSource program, doubling the dealmaking duration from 90 minutes to three hours at the Taste of New Orleans event held on October 15 at The Roosevelt New Orleans. This move aims to bolster connections among Gulf-South investors, including private equity firms, investment bankers, and deal advisers, by facilitating structured one-on-one sessions.
These changes, recently reported on October 26, mark a shift in the local business landscape, potentially accelerating capital flows into Louisiana businesses across various sectors like energy, industrial, tech, and real estate-adjacent industries. The event also featured recognition of major deals, such as Fibrebond’s $1.7 billion sale to Eaton and Canal Barge Company’s planned 2025 sale to Redwood Holdings.
Charles Cox of LongueVue Capital Partners chaired the event, alongside notable participants such as ACG Louisiana president Todd Giustiniano, representatives from Carr’s Hill Partners, and Taylor Gilbert from Chaffe & Associates. The expanded venue and agenda underscore ACG Louisiana’s intent to grow its regional presence as a premier dealmaking platform.
Targeting the middle-market M&A sector, DealSource aims to boost the availability of capital for local businesses, which could lead to increased activity in acquisitions, refinancing, and sponsorship interest in commercial real estate assets. With a robust turnout and ongoing interest from national investors, New Orleans is poised to enhance its status as a regional M&A hub.
Organizers have expressed plans to further develop the DealSource program, though no specific timeline for future events has been confirmed. In the meantime, the event’s success sets a promising precedent for subsequent gatherings, inviting speculation about its potential impact on New Orleans’ commercial real estate and investment landscape.