Mullen Group announced that it has entered into a formal share purchase agreement for an undisclosed sum to acquire B. & R. Eckel’s Transport Ltd. The transaction is set to close today. B. & R. Eckel’s Transport has a long history of providing less-than-truckload, full truckload, and general oilfield carrying services to customers in the … Read more
Majors Management LLC has finalized its acquisition of Maritime Farms convenience stores, the retail arm of Maritime Energy, situated in Rockland, Maine. Majors’ entry into Maine is marked by the purchase of 13 c-stores with full delis in midcoast Maine. Petroleum Equity Group offered Maritime with private consultancy services. The Chappaqua, New York-based full-service advising … Read more
Full Throttle Marine has been acquired by Bay Marine, which has operations in Wisconsin, Illinois, and Florida. Full Throttle Marine, founded by Lloyd Hannum Jr., began as Auto Marine Specialists, Inc. and has been a family-owned marine servicing firm for over 60 years. We are extremely excited to have the entire Full Throttle Marine team … Read more
Deutsche Bank has announced that it has agreed to the parameters of a recommended all-cash offer for Numis Corporation Plc. Numis is a significant UK corporate broking and advisory firm that offers strategic advice and capital market access to 166 retained corporate broking clients, including 64 FTSE 350 clients, accounting for nearly 20% of the … Read more
KKR, a leading global investment firm, announced today the signing of definitive agreements under which funds managed by KKR will acquire Namsan Green Building, a high-quality office building in Seoul’s Central Business District (“CBD”), via collective investment vehicles established under Korea’s Financial Investment Services and Capital Markets Act. Namsan Green Building is a 57,574-square-meter office … Read more
Bluestream Health was bought by eVisit, a virtual care platform company, to provide digital front door capabilities, integrated language services, and other digital technologies to its solution. The acquisition’s financial terms were not disclosed. EVisit also acquired Bluestream Health clients in order to expand its ties with health systems. According to the firm, it collaborates … Read more
Navidea Biopharmaceuticals Inc. Navidea or the Company, a company focused on the development of precision immunodiagnostic agents and immunotherapeutics, today announced the execution of a letter of intent to sell the Cardinal Milestone Payment for $8 million, as well as the execution of a new $2.75 million Equity Line of Credit, led by a longtime … Read more
Kaiser Permanente, a huge California-based health-care organization with 39 hospitals and 24,000 doctors, announced on Wednesday that it plans to purchase Geisinger Health, a smaller East Coast organization, in an endeavor to create a new firm that will manage nonprofit community health systems. If we can take much of what is in our value-based care … Read more
Cape May, which was created in 2011, described the merger as a “strategic investment,” and while the company has been silent on the financial details of the transaction, experts think the merged companies can generate more than US$10 million in revenue. Cape May co-founder and CEO Ryan Krill described the acquisition as a massive milestone … Read more
Barcoding, Inc., a Baltimore-based pioneer in supply chain efficiency, accuracy, and connectivity, has acquired Procensis, Inc., a Warminster, Pennsylvania-based mobility solutions company. The value of the transaction was not disclosed. With this acquisition, Barcoding will be able to expand its enterprise mobility offerings. Procensis’ expertise in wearable and mobile computing, screen modernization, user interface design, … Read more