Tuesday, February 27, 2024
Tags Mergers and Acquisitions

Tag: Mergers and Acquisitions

Avenu Insights & Analytics Announces Strategic Acquisition of Judicial Innovations

CENTREVILLE, Va., Feb. 12, 2024 (SEND2PRESS NEWSWIRE) -- Avenu Insights & Analytics ("Avenu"), the global leader in revenue recovery and administrative solutions for state and local governments, is excited to announce its acquisition of Judicial Innovations, a pioneering provider of cloud-based payment and case management solutions. This acquisition marks Avenu's second payment solution acquisition in 2024, underscoring its commitment to investing in government payment technologies and expanding its Justice Solution set including Avenu | Court, Avenu | Jury, and Avenu | Payments.

Deacon Jones Automotive expands reach with acquisition of Sale Auto Mall in Kinston, North Carolina

SMITHFIELD, N.C., Feb. 9, 2024 (SEND2PRESS NEWSWIRE) -- Deacon Jones Automotive, a leading dealership group based in Smithfield, North Carolina, is proud to announce its recent acquisition of Sale Auto Mall Stores (BMW, Chevrolet, GMC & Ford) located in Kinston, North Carolina. By combining the strengths of both organizations, Deacon Jones Automotive aims to elevate the car-buying experience for its customers and continue its tradition of providing unparalleled value and service.

Matrix Advises on the Sale of Hicks Oils’ Lubricants Business to Schaeffer Manufacturing Company

RICHMOND, Va. and BALTIMORE, Md., Feb. 8, 2024 (SEND2PRESS NEWSWIRE) -- Matrix Capital Markets Group, Inc. ("Matrix"), a leading, independent investment bank, announces that it has advised Hicks Oils & Hicksgas, Incorporated ("Hicks" or the "Company") on the sale of its Hicks Oils lubricants business to Schaeffer Manufacturing Company ("Schaeffer"). Hicks Oils is a premier independent lubricant blending and packaging business in southern Illinois that produces automotive and industrial lubricants.

Beach Automotive Acquiring Jud Kuhn Chevrolet Dealership

RALEIGH, N.C., Feb. 1, 2024 (SEND2PRESS NEWSWIRE) -- In a buy-sell by the dealer group, Beach Automotive has purchased the dealership formally known as Jud Kuhn Chevrolet. The dealership was renamed to Beach Chevrolet on finalizing the purchase, January 24, 2024. The dealership, same as the dealer group, will be digitally represented by Sokal, an automotive advertising agency based in North Carolina.

Matrix Advises on the Sale of Eastern Sierra Propane to Ferrellgas Partners, L.P.

RICHMOND, Va. and BALTIMORE, Md., Jan. 29, 2024 (SEND2PRESS NEWSWIRE) -- Matrix Capital Markets Group, Inc. ("Matrix"), a leading, independent investment bank, announces that it has advised Eastern Sierra Propane ("Eastern Sierra" or the "Company") on its sale to Ferrellgas Partners, L.P. (OTC: FGPR) ("Ferrellgas"). The Company is one of the premier propane retailers in the Eastern Sierra Nevada mountain range, serving both residential and commercial customers.

Matrix Advises on the Sale of Shape LLC

RICHMOND, Va. and BALTIMORE, Md., Jan. 26, 2024 (SEND2PRESS NEWSWIRE) -- Matrix Capital Markets Group, Inc. ("Matrix"), a leading, independent investment bank, is pleased to announce the sale of Shape LLC ("Shape" or the "Company") to an undisclosed buyer. Prior to the sale, Shape was owned by funds managed by Gen Cap America, Inc. ("Gen Cap"), a private investment firm headquartered in Nashville, Tennessee.

Group of Greg Lindberg’s Companies to Merge with Quadro Acquisition One Corp. in $3 Billion Deal

TAMPA, Fla., Jan. 18, 2024 (SEND2PRESS NEWSWIRE) -- Entrepreneur Greg Lindberg is set to merge about 38 percent of his investments with Quadro Acquisition One Corporation, a NASDAQ-listed Special Purpose Acquisition Company ("Quadro SPAC"). The group of Lindberg's investments, consisting of seven operating companies and their subsidiaries, is currently part of the portfolio of companies known as the "Global Growth Companies."

Quadro Acquisition One Corp. to Merge with Group of Greg Lindberg’s Companies with an Estimated Pro Forma Enterprise Value of $3...

LOS ANGELES, Calif., Jan. 17, 2024 (SEND2PRESS NEWSWIRE) -- Quadro Acquisition One Corp., a NASDAQ-listed Special Purpose Acquisition Company ("Quadro SPAC") has agreed to acquire a group of seven companies in the sports collectibles, software, cloud-based IT and healthcare services segments with an estimated pro-forma enterprise value of $3 billion (referred to as the "Global Growth Companies"). These companies are affiliated with Global Growth, a private equity firm founded by Greg Lindberg. The name and the symbol under which Quadro SPAC will trade upon the completion of its business combination with Global Growth Companies will be determined at a later date.

Avenu Insights & Analytics Announces the Acquisition of Finvi’s State and Local Government Division

CENTREVILLE, Va., Jan. 17, 2024 (SEND2PRESS NEWSWIRE) -- Avenu Insights & Analytics ("Avenu"), the global leader in revenue recovery and administrative solutions for state and local governments, is proud to announce the acquisition of Finvi's State and Local Government ("Finvi SLG") Division. This strategic move marks a significant expansion of Avenu's offerings and capabilities in serving state and local governments.

Matrix Advises on the Sale of Bobby Taylor Oil Company, Inc. & T&S Transport, Inc. to Parker Oil Company

RICHMOND, Va. and BALTIMORE, Md., Jan. 11, 2024 (SEND2PRESS NEWSWIRE) -- Matrix Capital Markets Group, Inc. ("Matrix"), a leading, independent investment bank, announces the successful closing on the sale of Bobby Taylor Oil Company, Inc. and T&S Transport, Inc. ("BTOC" or the "Company") to Parker Oil Company Incorporated. Based in Fayetteville, North Carolina, BTOC is a leading supplier of retail propane, commercial refined fuels, and racing gas to a diverse customer base of residential and commercial accounts throughout the state of North Carolina.

Matrix Announces the Sale of Santmyer Companies, Inc.’s Convenience Retail and Branded Dealer Wholesale Businesses

RICHMOND, Va. and BALTIMORE, Md., Dec. 18, 2023 (SEND2PRESS NEWSWIRE) -- Matrix Capital Markets Group, Inc. ("Matrix"), a leading, independent investment bank, announces that it has advised Santmyer Companies, Inc. ("Santmyer" or the "Company") on the sale of its Red Rover convenience retail stores to Par Mar Oil Company and its branded dealer wholesale business to Countywide Petroleum Company (subsidiaries of Croton Holdings Co.). Santmyer is a leading privately-owned and family operated full-service distributor whose primary offerings include diesel, gasoline, propane, lubricants, diesel exhaust fluid and logistics services.

Matrix Announces the Successful Sale of Day Motor Sports, LLC

RICHMOND, Va. and BALTIMORE, Md., Nov. 14, 2023 (SEND2PRESS NEWSWIRE) -- Matrix Capital Markets Group, Inc. ("Matrix"), a leading, independent investment bank, is pleased to announce the sale of Day Motor Sports, LLC ("Day Motor Sports" or the "Company") to Chief Executive Officer Dan Hamilton and Chief Financial Officer Stacy Hamilton. Prior to the sale, Day Motor Sports was owned by funds managed by Gen Cap America, Inc. ("Gen Cap"), a private investment firm headquartered in Nashville, Tennessee.

Matrix Announces the Successful Sale of Coborn’s, Inc.’s Holiday Franchised Fuel and Convenience Stores

RICHMOND, Va. and BALTIMORE, Md., Nov. 10, 2023 (SEND2PRESS NEWSWIRE) -- Matrix Capital Markets Group, Inc. ("Matrix"), a leading, independent investment bank, announces that it has advised Coborn's, Inc. ("Coborn's" or the "Company") on the sale of its 14 Holiday franchised fuel and convenience stores and one developmental site to Holiday Stationstores, LLC.

Matrix Announces the Successful Sale of Springer Eubank Company, Inc.

RICHMOND, Va. and BALTIMORE, Md., Nov. 2, 2023 (SEND2PRESS NEWSWIRE) -- Matrix Capital Markets Group, Inc. ("Matrix"), a leading, independent investment bank, announces that it has advised Wilmington, NC-based Springer Eubank Company, Inc. and its affiliates ("Springer Eubank" or the "Company") on the sale of the Company's assets including the travel center & convenience & gas division ("TC&G Division") and its delivered fuels and fuel transport divisions to an affiliate of Petroleum Marketing Group, Inc.

FMTC Safety Accelerates US Market Expansion with M&A Safety Services becoming part of the family

HOUMA, La., Oct. 5, 2023 (SEND2PRESS NEWSWIRE) -- FMTC Safety, a leading provider of comprehensive safety training solutions, is pleased to announce its acquisition of M&A Safety Services, a respected safety training company with two training locations in Louisiana: Lafayette and Houma. The acquisition enhances FMTC's course capability in the Offshore, Wind, Maritime, and Industry sectors and solidifies its position as the largest player in the USA safety training market.

MSP Merge: Teal Delivers Elevated Service, Security to SMBs

WASHINGTON, D.C. and MINNEAPOLIS, Minn., Sept. 27, 2023 (SEND2PRESS NEWSWIRE) -- Aligned Technology Solutions and TechGen Consulting, two award-winning managed IT service providers, merged to form a new company called Teal. This merger is a strategic alliance, built upon complementary strengths, to deliver elevated IT and cybersecurity services to small- and medium-sized organizations - especially those with heightened cybersecurity or compliance requirements.

Matrix Announces the Successful Sale of Mystic Oil Company, Inc.

RICHMOND, Va. and BALTIMORE, Md., Aug. 23, 2023 (SEND2PRESS NEWSWIRE) -- Matrix Capital Markets Group, Inc. ("Matrix"), a leading, independent investment bank, announces that it has advised Mystic Oil Company, Inc. and its affiliates ("Mystic Oil" or the "Company") on its sale to Petroleum Marketing Group, Inc. The Company sells fuels on a consignment and wholesale basis to approximately 150 Gulf, Citgo, ExxonMobil, Shell and unbranded customers in Connecticut, Massachusetts, Rhode Island, New York and Vermont.

Matrix Announces the Successful Sale of H.A. Mapes, Inc.

RICHMOND, Va. and BALTIMORE, Md., Aug. 17, 2023 (SEND2PRESS NEWSWIRE) -- Matrix Capital Markets Group, Inc. ("Matrix"), a leading, independent investment bank, announces that it has advised H.A. Mapes, Inc. ("H.A. Mapes" or the "Company") on its sale to Nouria Energy Retail, Inc., a subsidiary of Nouria Energy Corporation ("Nouria").

MMI Announces Strategic Acquisition of Bonzo Mortgage / Real Estate CRM Platform

SALT LAKE CITY, Utah, Aug. 2, 2023 (SEND2PRESS NEWSWIRE) -- Mobility Market Intelligence (MMI), a leader in data intelligence and market insight tools for the mortgage and real estate industries, announced its acquisition of relationship management and mortgage marketing platform provider Bonzo. The Bonzo leadership team, including founder and president Jason Perkins, founder and COO/CRO Miles Miller, and CEO Chad Jampedro, will continue to guide the company as it operates as an independent service.

WaterSignal, LLC Joins Forces with Metron Farnier, LLC – Unlocking a New Era of Water Efficiency

ALPHARETTA, Ga., July 25, 2023 (SEND2PRESS NEWSWIRE) -- Today, WaterSignal, LLC is thrilled to share some truly exciting news: WaterSignal, LLC has been acquired by Metron Farnier, LLC! WaterSignal, LLC is delighted to embark on this new journey, which will undoubtedly benefit its valued clients and further enhance its commitment to water conservation and efficiency.

FEATURED NEWS

NATIONAL NEWS