Tag: Mergers and Acquisitions

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.

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.

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").

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.

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.

RICHMOND, Va. and BALTIMORE, Md., July 19, 2023 (SEND2PRESS NEWSWIRE) -- Matrix Capital Markets Group, Inc. ("Matrix"), a leading, independent investment bank, is pleased to announce the sale of Vital Plastics, Inc. ("Vital Plastics" or the "Company"), a high-volume manufacturer and assembler of injection molded plastic products, to Wolverine Capital Partners ("Wolverine Capital").

RICHMOND, Va., BALTIMORE, Md., and NEW YORK, N.Y., July 17, 2023 (SEND2PRESS NEWSWIRE) -- Matrix Capital Markets Group, Inc. ("Matrix"), a leading, independent investment bank, announces that it has advised BeWell Network, LLC ("BeWell" or the "Company") on its successful sale to H.E.R. Management, LLC. BeWell is a residential and outpatient behavioral health provider focused on the treatment of substance use disorder.

RICHMOND, Va. and BALTIMORE, Md., June 29, 2023 (SEND2PRESS NEWSWIRE) -- Matrix Capital Markets Group, Inc. (“Matrix”), a leading, independent investment bank, is pleased to announce the sale of the Lawn & Garden Division (“Antilles L&G” or the “Company”) of Antilles Power Depot Inc. (“APD”) to Freije Supply Inc. (“Freije Supply”).

RICHMOND, Va. and BALTIMORE, Md., June 12, 2023 (SEND2PRESS NEWSWIRE) -- Matrix Capital Markets Group, Inc. ("Matrix"), a leading independent investment bank, announces that it served as lead advisor on Apollo Veterinary Medical Hospitals and AVMH Ventures' ("Apollo" or the "Company") recapitalization and acquisition of a multi-state portfolio of Pet Supplies Plus ("PSP") retail pet stores.

RICHMOND, Va. and BALTIMORE, Md., June 7, 2023 (SEND2PRESS NEWSWIRE) -- Matrix Capital Markets Group, Inc. ("Matrix"), a leading, independent investment bank, today announced the successful closing on the sale of the retail motor fuels, convenience retail, and fleet fueling businesses of WTG Fuels Holdings, LLC ("WTG Fuels" or the "Company") to subsidiaries of GPM Investments, LLC, a subsidiary of ARKO Corp. (Nasdaq: ARKO) ("GPM").

RICHMOND, Va. and BALTIMORE, Md., June 2, 2023 (SEND2PRESS NEWSWIRE) -- Matrix Capital Markets Group, Inc. ("Matrix"), a leading, independent investment bank, announces that it has advised TBC Corporation ("TBC" or the "Company") on the sale of TBC's company operated retail businesses to Mavis Tire Express Services Corp. ("Mavis"). The sale includes TBC's retail network of 595 tire and automotive service centers that utilize the NTB Tire & Service Centers ("NTB") and Tire Kingdom Service Centers ("Tire Kingdom") brands.

CUMMING, Ga., May 23, 2023 (SEND2PRESS NEWSWIRE) -- DeJazz Woods has always had a love for sports. He has been around athletic equipment since childhood football, leading him to play at the collegiate level as an outside linebacker for the University of Illinois from 2010 - 2014. As a Business Development Manager for three major athletic equipment manufacturers, Woods would cross paths with Jeff Hodge, President of H.E. Hodge Company, and Bud Hodge, the company's founder, who are both huge college football fans.

NEW YORK CITY, N.Y., May 17, 2023 (SEND2PRESS NEWSWIRE) -- Jeremy Merrin, CEO/Founder of Merrin Hospitality, is excited to announce the acquisition of NYC's most iconic beer hall, Houston Hall (222 W Houston Street, New York, NY 10014). Located in the heart of the West Village, this expansive venue has been pouring brews and hosting large scale events for decades. Merrin, is owner of the 20 year old high-volume Cuban brand Havana Central, with locations in NYC, Long Island & New Jersey.

PEACHTREE CORNERS, Ga., May 9, 2023 (SEND2PRESS NEWSWIRE) -- Capstone Logistics, LLC ("Capstone" or the "Company"), a leader in end-to-end supply chain solutions, announces the acquisition of Rapid Response Delivery ("Rapid Response"). Rapid Response is a Maryland-based company that has been in business for over twenty years, providing final-mile delivery services throughout the mid-Atlantic region.

MIAMI, Fla., May 3, 2023 (SEND2PRESS NEWSWIRE) -- OptionsSwing Inc. ("OptionsSwing"), a leading innovative edtech and retail trading community in the United States, has declared the finalization of its share acquisition agreement to procure all of the shares of Apex Alliance Inc. ("Apex Alliance"). Apex Alliance, a start-up in financial education, is focused on educating future generations of retail investors on personal finance, investing, technology, and stock markets. The financial terms of the transaction have not been revealed yet.

KEYPORT, N.J., March 23, 2023 (SEND2PRESS NEWSWIRE) -- This acquisition accelerates the expansion of DCL as a DMS provider within the independent dealer network that it already serves, as well as opens the door for franchised dealers to install Lease Here Pay Here (LHPH) as a separate department within their dealerships, much like F&I departments created in the late '70s.

DALLAS, Texas, Feb. 15, 2023 (SEND2PRESS NEWSWIRE) -- Stack Sports, a global leader in modern sports technology, announced it has added Meridix, an innovative video streaming platform with the industry's most flexible technology, to the Stack Sports ecosystem. Meridix is an unlimited streaming platform for any size team or organization. It simplifies covering sports LIVE at any level, including youth, high school, college, and pro.

SAN DIEGO, Calif., Feb. 1, 2023 (SEND2PRESS NEWSWIRE) -- We Inspect, LLC, a global mold inspection, consulting and health technology company, recently acquired Certified Mold Inspections and The Mold Guy. Its acquisitional goal is to unify these individually-owned family businesses under one name and to better serve the community as a whole.

PALO ALTO, Calif., Jan. 24, 2023 (SEND2PRESS NEWSWIRE) -- WordSphere LLC, a leading Palo Alto based tech company, announced today the completion of its acquisition of DrupalWare. DrupalWare, a tech company known for its cutting-edge software solutions, is one of the leading Drupal development agencies in the USA, responsible for sites like Tesla and Pfizer.

CENTREVILLE, Va., Nov. 10, 2022 (SEND2PRESS NEWSWIRE) -- Avenu Insights & Analytics (Avenu), the global leader in revenue enhancement and administration solutions for state and local governments, today announced the acquisition of LTAS Technologies Inc. (Harmari®), a leading provider of short-term rental identification, monitoring and compliance software and services.