Merger & Acquisition News

CASTLE ROCK, Colo.--(BUSINESS WIRE)--SRP Companies, a portfolio company of Aurora Capital Partners and leading North American category manager and solutions provider to more than 50,000 retail outlets, announced the acquisition of Aerial Bouquets. Aerial Bouquets is a major U.S. distributor of popular foil and latex balloons as well as coordinating gift items, such as plush products and floral accessories. This addition provides access to a new merchandise category for existing SRP customers an...

GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ: FWRD) (the “Company”, “Forward”, “we”, “our”, or “us”) is executing a growth strategy that involves organic infrastructure investments, such as its ongoing LTL network expansion, as well as inorganic investments, including acquisitions of complementary businesses. Our primary focus is to pursue accretive acquisitions that complement or expand the Expedited LTL division, while continuing to grow our intermodal segment with str...

CHICAGO--(BUSINESS WIRE)--The Mather Group, LLC (TMG), a family- and employee-owned wealth management firm with eight offices across the country and more than $8.4 billion in assets under advisement (AUA)1, has announced its acquisition of Allison Spielman Advisors (ASA), a state-registered investment adviser (RIA) firm based in the Seattle area. Established in 1997, ASA has approximately $102 million in AUA2 and a four-person team, including owner and founder, Thom Allison, CFP®, who brings mo...

INDIANAPOLIS--(BUSINESS WIRE)--Vertellus, a manufacturer of specialty products for various consumer goods, food & agriculture, healthcare, and industrial markets, today announced the completion of its acquisition of certain businesses of Chemtrade Logistics Income Fund (TSX: CHE.UN) (“Chemtrade”) responsible for producing potassium chloride, caustic pellets, and vaccine adjuvants. The acquired businesses give Vertellus a leading market position in the manufacturing of specialty ingredients...

NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Graphene & Solar Technologies, Ltd. announces the acquisition of a Patented Thin-Film Technology development corporation for new thin-film Solar applications and patented 5G EMF network integrity, and a new GSTX developed Air-to-Water Harvester, utilizing a unique solid-state air to water extraction device, which GSTX plans for world-wide distribution. GSTX purchased 120 internationally registered, patented technologies and “thin-film” applications fr...

DENVER--(BUSINESS WIRE)--CIBC Innovation Banking is pleased to announce the funding of an acquisition credit facility for Harbor Business Compliance Corporation (d/b/a Harbor Compliance). Harbor Compliance is a technology company that empowers nonprofits and businesses with licensing, tax, and entity management solutions. Harbor utilized the new capital to finance its acquisition of Labyrinth, Inc. Co-founded by Mike Montali and Megan Danz in 2012 and headquartered in Lancaster, Pennsylvania, H...

RESTON, Va.--(BUSINESS WIRE)--CACI International Inc (NYSE: CACI) announced today it has entered into an agreement to acquire Los Gatos, California-based SA Photonics, Inc., a leader in the development and deployment of innovative multi-domain photonics technologies for free space optical (FSO) communications. With the acquisition of SA Photonics, CACI broadens its capabilities as the leading U.S.-based FSO laser communications provider supporting space, airborne, and terrestrial missions to U....

CLEARWATER, Fla.--(BUSINESS WIRE)--MarineMax, Inc. (NYSE: HZO), the world’s largest recreational boat and yacht retailer, announced today that it has completed the acquisition of Intrepid Powerboats (Intrepid), a premier manufacturer of powerboats. Intrepid Powerboats is recognized as a world class producer of customized boats, carefully reflecting the unique desires of each individual owner. Intrepid follows a direct-to-consumer distribution model and has received many awards and accolades for...

ST. PAUL, Minn.--(BUSINESS WIRE)--Innovia Medical (“Innovia”) has partnered with Lacrimedics, Inc. (“Lacrimedics”). Based in Du Pont, Washington, Lacrimedics has been a manufacturer and distributor of occlusion therapy devices for the treatment of Dry Eye Disease and underlying symptoms for almost 40 years. Lacrimedics is a great addition to Innovia’s existing ophthalmic product line with their Dissolvable VisiPlug™ and OPAQUE Herrick Lacrimal Plugs and ComfortTip™ and AccuFlo Punctal Occluders...

GOOSE CREEK, S.C.--(BUSINESS WIRE)--HireQuest, Inc. (Nasdaq: HQI), a national franchisor of on-demand, temporary, and commercial staffing services, today announced that it has entered into a definitive agreement to acquire the Dental Power Staffing (“DPS”) division of Dental Power (www.dentalpower.com), a 46-year-old dental staffing company headquartered in Carrboro, North Carolina. Dental Power’s DPS division is a leading provider of temporary, long-term contract, and direct-hire staffing serv...