Mergers and Acquisitions News

Mergers and Acquisitions News – including private and public company mergers, acquisitions, and related business news, as issued by the Send2Press Newswire service.


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 Billion

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.

Tampa Transformation: LRR Property Investments Makes Strategic Acquisition at 3655 Henderson Blvd, Plans for Major Improvements

TAMPA, Fla., Sept. 12, 2023 (SEND2PRESS NEWSWIRE) — The Phoenix Property Group, an Orlando, FL based developer and AMJ Group Inc., a Gainesville, FL based developer have recently partnered to create LRR Property Investments. As a new dynamic player in the real estate market, they are proud to announce the successful acquisition of a prime building located at 3655 Henderson Boulevard in Tampa, Florida.

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.

Matrix Announces the Successful Sale of Vital Plastics, Inc.

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”).

Matrix Announces the Successful Sale of BeWell Network, LLC

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.

Matrix Announces the Successful Sale of the Lawn and Garden Division of Antilles Power Depot Inc.

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”).

Matrix Advises Apollo Veterinary Medical Hospitals and AVMH Ventures on the Successful Recapitalization and Acquisition of a Portfolio of Pet Supplies Plus Stores

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.

Matrix Announces the Successful Sale of WTG Fuels Holdings, LLC’s Retail Motor Fuels, Convenience Retail, and Fleet Fueling Businesses

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”).

Matrix Advises TBC Corporation on the Sale of NTB and Tire Kingdom Service Centers

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.

After 50 years, H.E. Hodge Company, Cumming athletic and institutional equipment company, kicks off a new season of ownership

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.

HOUSTON HALL – NYC’s Famous Beer Hall – Purchased By Havana Central Restaurant CEO/Founder Jeremy Merrin

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.

Capstone Logistics Announces Acquisition of Last Mile Distribution Provider Rapid Response Delivery

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.

OptionsSwing Inc. Acquires Apex Alliance, Broadening Assets for Learning Technology and Instruction

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.

Paul Sansone Jr. is proud to announce that Dealer Controlled Leasing, Inc. has acquired their technology partner AFS Dealers Inc., effective March 1, 2023

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.

Stack Sports to Acquire Meridix to Simplify the Broadcast Experience for Sports Organizations

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.

We Inspect Acquires Certified Mold Inspections and The Mold Guy: Customers Benefit

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.

WordSphere Announces $6.8M Acquisition of DrupalWare

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.

Short-Term Rental Compliance Provider LTAS Technologies Inc. (Harmari) Acquired by Avenu

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.

EPIC Continues Strategic Expansion of Life and Executive Benefits Platform – Acquires Larry Gordon Agency

CHICAGO, Ill. and SAN FRANCISCO, Calif., Nov. 4, 2022 (SEND2PRESS NEWSWIRE) — EPIC Insurance Brokers and Consultants (“EPIC”) announced today that it has acquired Larry Gordon Agency (“LGA”). The acquisition continues the strategic expansion of EPIC’s geographic footprint in the Midwest across its life insurance, executive benefits, and financial advisory distribution businesses under the Vanbridge Life and Executive Benefits umbrella.

EPIC Expands Northern California Presence with Acquisition of SLCO LLC

SAN FRANCISCO, Calif. and LAFAYETTE, Calif., Oct. 24, 2022 (SEND2PRESS NEWSWIRE) — EPIC Insurance Brokers and Consultants announced it has acquired SLCO LLC, headquartered in Lafayette, California. The acquisition expands EPIC’s growing presence in Northern California and adds to its client offerings both regionally and nationally.

KROST Acts as Exclusive Financial Advisor for American Range in Sale to Hatco

LOS ANGELES, Calif., Oct. 11, 2022 (SEND2PRESS NEWSWIRE) — American Range, a privately held manufacturer of commercial and residential cooking appliances, was sold to Hatco, an employee-owned manufacturer of warming, cooking, sanitizing, and cooling equipment. KROST CPAs & Consultants acted as the exclusive financial advisor to American Range in its transaction to Hatco Corporation.

EPIC Expands Life and Executive Benefits Platform with Acquisition of The National Benefit Corp

WEST DES MOINES, Iowa and SAN FRANCISCO, Calif., Oct. 3, 2022 (SEND2PRESS NEWSWIRE) — EPIC Insurance Brokers and Consultants (“EPIC”) announced today that it has acquired The National Benefit Corp (“TNBC”). The acquisition further expands EPIC’s geographic footprint in the Midwest across its life insurance, executive benefits, and financial advisory distribution businesses under the Vanbridge Life and Executive Benefits umbrella.