Tag: Mergers and Acquisitions
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Matrix Advises on the Sale of Andretti Petroleum Group to H&S Energy
RICHMOND, Va. — Matrix Capital Markets Group, Inc. (“Matrix”), a leading, independent investment bank, announces that it has advised Andretti Petroleum Group (“Company”) on the sale of its convenience retail, fuels distribution, cardlock, fleet card, commercial fueling, car wash, lubricants and transportation businesses to H&S Energy, LLC and its affiliates (“H&S”). Andretti Petroleum Group is…
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Avenu Insights & Analytics Announces Strategic Acquisition of Judicial Innovations
CENTREVILLE, Va. — 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…
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Deacon Jones Automotive expands reach with acquisition of Sale Auto Mall in Kinston, North Carolina
SMITHFIELD, N.C. — 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…
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Matrix Advises on the Sale of Hicks Oils’ Lubricants Business to Schaeffer Manufacturing Company
RICHMOND, Va. — 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…
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Beach Automotive Acquiring Jud Kuhn Chevrolet Dealership
RALEIGH, N.C. — 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…
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Matrix Advises on the Sale of Eastern Sierra Propane to Ferrellgas Partners, L.P.
BALTIMORE, Md. — 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…
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Matrix Advises on the Sale of Shape LLC
RICHMOND, Va. — 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,…
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Matrix Advises on the Sale of Shape LLC
RICHMOND, Va. — 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,…
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Group of Greg Lindberg’s Companies to Merge with Quadro Acquisition One Corp. in $3 Billion Deal
TAMPA, Fla. — 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…
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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. — 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…