Tag: Mergers and Acquisitions
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Galway Insurance Holdings Secures Majority Interest from Harvest Partners with New Equity Investments from Oak Hill Capital and The Carlyle Group
SAN FRANCISCO, Calif. — Galway Insurance Holdings (“Galway”), the holding company for EPIC Brokers & Consultants (“EPIC”) and JenCap Holdings (“JenCap”), which together represent one of the nation’s largest insurance distribution firms, announced today that it has signed a definitive agreement with vehicles controlled by Harvest Partners, LP and its affiliates (“Harvest”) for a majority…
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EGW Announces the Acquisition of Buy Wholesale Company
CARROLLTON, Texas — EGW Utilities, Inc. has acquired Buy Wholesale Company, LLC (BWC) of Montgomery, Texas. BWC was founded by Karl Knapp in 1985. He and his wife, Tracy, operated it until its acquisition on October 30, 2020. The procurement of BWC greatly increases EGW’s waterworks and plumbing product offerings.
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LoadDelivered Logistics Rebrands to Capstone Logistics and Strengthens Integration Between Warehousing and Transportation Divisions
PEACHTREE CORNERS, Ga. — LoadDelivered Logistics, a leading food and beverage specialized third-party logistics (3PL) company, announced today that it is rebranding following its acquisition by Capstone Logistics. The company will now operate as Capstone Logistics’ freight management solution.
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Foley Group and Convergence Partners Announce Merger of Their Two Companies
NORTH KANSAS CITY, Mo. — Foley Group, Inc. and Convergence Partners, Inc., announced today the completion of the merger of their companies to offer the electrical industry a unified resource for virtually all their products, services, and design needs. The merged business will operate under the Convergence Partners brand.
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Pittsburgh Electrical Insulation (PEI) Acquires Fibertek to Expand Manufacturing Capacity
PITTSBURGH, Pa. — Pittsburgh Electrical Insulation, Inc. (PEI) is pleased to announce the acquisition of the Electrical Products Division of Fibertek, Inc. of Franklin, Tenn. Fibertek is a manufacturer of leading-edge specialty fiberglass tapes and high-performance laminates for electrical insulation applications in electric motors, generators, and transformers.
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IntelliMedia Networks Inc. Acquires Canadian GlobalMLX, A Supply Chain CTPAT Training Consultant
LOS ANGELES, Calif. — IntelliMedia Networks Inc., a leading provider of streaming media distribution and immersive training technology, acquired GlobalMLX, a Canadian supply-chain security training and certification consulting firm for an undisclosed amount.
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LTC NEWS Acquisition Anticipates Growth and Expansion
CHICAGO, Ill. — Matt McCann, a nationally-known veteran of the long-term care (LTC) insurance industry, announces the formation of LTC NEWS, LLC after acquiring the online asset – ltcnews.com.
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Lowden Street Capital Announces Acquisition of Southern Air Custom Interiors, Inc.
ALEXANDER CITY, Ala. — Lowden Street Capital, a private equity firm focused on rural market investing, acquired Southern Air Custom Interiors, Inc., an upholstery company out of Haleyville, Ala. that focuses on custom aircraft interiors, on April 30, 2020.