Mergers & Acquisitions

Lynx FBO Network, a Portfolio Company of The Sterling Group, Acquires Fly Arkansas’ Little Rock FBO

Lynx FBO Network, a Portfolio Company of The Sterling Group, Acquires Fly Arkansas’ Little Rock FBO PR Newswire HOUSTON, March 1, 2018 HOUSTON , March 1, 2018 /PRNewswire/ — The Sterling Group, a middle market private equity firm based in Houston, Texas , today announced that its platform company, Lynx FBO Network, has completed the acquisition of the FBO assets of Fly Arkansas at Clinton National Airport in Little Rock, Arkansas . Fly Arkansas retains the FBO at Boone County Airport and Aircraft Management and Charter. In August 2016 , Sterling launched Lynx, a buy-and-build effort in the FBO industry, and is executing a plan to build a leading FBO network providing general aviation services […]

Mergers & Acquisitions

Flexpoint Ford Announces the Sale of CFGI to The Carlyle Group

Flexpoint Ford Announces the Sale of CFGI to The Carlyle Group PR Newswire BOSTON, March 1, 2018 BOSTON , March 1, 2018 /PRNewswire/ — Flexpoint Ford, LLC (“Flexpoint”), a private equity firm focused on the financial services and healthcare sectors, today announced the completion of the sale of their stake in CFGI to The Carlyle Group, a global alternative asset manager. CFGI is a specialized accounting and financial consulting firm that provides a range of routine and complex solutions to corporate CFOs nationwide. Founded in 2000 by former “Big Four” professionals, Nick Nardone and Shane Caiazzo , CFGI is an established industry leader with the resources to successfully navigate today’s complex accounting, reporting, tax, and compliance landscape […]

Mergers & Acquisitions

Associated Banc-Corp completes purchase of Diversified Insurance Solutions

Associated Banc-Corp completes purchase of Diversified Insurance Solutions PR Newswire GREEN BAY and MILWAUKEE, Wis., March 1, 2018 GREEN BAY and MILWAUKEE, Wis. , March 1, 2018 /PRNewswire/ — Associated Banc-Corp (NYSE: ASB) (“Associated”) announced today that Associated Benefits and Risk Consulting (ABRC) has closed the previously announced acquisition of Diversified Insurance Solutions (“Diversified”), one of Wisconsin’s leading insurance brokers. Diversified will be part of ABRC, a multi-line insurance and Midwest-based consulting firm with 400 employees. […]

Mergers & Acquisitions

One Rock Capital Partners Completes Acquisition of Robertshaw

One Rock Capital Partners Completes Acquisition of Robertshaw PR Newswire NEW YORK, March 1, 2018 NEW YORK , March 1, 2018 /PRNewswire/ — One Rock Capital Partners, LLC (“One Rock”) announced today that one of its affiliates has completed the previously announced acquisition of Robertshaw Holdings S.a.r.l. (“Robertshaw”). Headquartered in Itasca, Illinois , Robertshaw is a global leader in thermal, flow and control management products and solutions for residential and commercial appliances, HVAC and transportation applications. […]

Mergers & Acquisitions

MTY Food Group Completes Combination with Imvescor Restaurant Group

MTY Food Group Completes Combination with Imvescor Restaurant Group Canada NewsWire MONTREAL, March 1, 2018 MONTREAL , March 1, 2018 /CNW Telbec/ – MTY Food Group Inc. (“MTY”) (TSX: MTY) and Imvescor Restaurant Group Inc. (“Imvescor”) (TSX: IRG) announced today the completion of the previously announced amalgamation (the “Amalgamation”) under Section 181 of the Canada Business Corporations Act involving Imvescor and a direct wholly-owned subsidiary of MTY. […]

Mergers & Acquisitions

Stanley Martin Homes Finalizes Acquisition of FrontDoor Communities Assets

Stanley Martin Homes Finalizes Acquisition of FrontDoor Communities Assets Builder secures growth in Atlanta and Charleston markets PR Newswire ATLANTA, March 1, 2018 ATLANTA , March 1, 2018 /PRNewswire/ — Reston, Virginia based Stanley Martin Companies has completed the acquisition of the homebuilding assets of FrontDoor Communities in Atlanta, Georgia and Charleston, South Carolina. The homebuilding assets acquired include more than 1,300 homesites and more than 150 homes under construction. The acquisition furthers Stanley Martin’s plans for expansion and establishes the company as a strong competitor in the Southeast United States homebuilding market […]

Mergers & Acquisitions

Global Resource Fund Ceased to Own Securities of Pine Point Mining Limited and Acquired Securities of Generation Mining Limited

Global Resource Fund Ceased to Own Securities of Pine Point Mining Limited and Acquired Securities of Generation Mining Limited Canada NewsWire TORONTO, March 1, 2018 TORONTO , March 1, 2018 /CNW/ – Global Resource Fund (” GRF “) announced that, pursuant to the previously announced plan of arrangement (the ” Arrangement “) of Pine Point Mining Limited (” Pine Point “), all of the common shares of Pine Point beneficially owned by GRF were exchanged for securities of Osisko Metals Incorporated and Generation Mining Limited (” Generation “). Prior to completion of the Arrangement, GRF owned 26,250,000 common shares of Pine Point. […]

Stock Analysts

Kohl’s (KSS) Q4 Earnings & Sales Increase Y/Y, Stock Gains

Kohl’s Corporation KSS posted fourth-quarter fiscal 2017 results, wherein both the top and the bottom line improved year over year and topped the Zacks Consensus Estimate. While this marked Kohl’s third consecutive sales beat, earnings reverted to the positive surprise track after delivering a miss in the previous quarter. […]

Mergers & Acquisitions

Witt O’Brien’s expands private sector solutions with acquisition of Strategic Crisis Advisors

Witt O’Brien’s expands private sector solutions with acquisition of Strategic Crisis Advisors PR Newswire WASHINGTON, March 1, 2018 WASHINGTON , March 1, 2018 /PRNewswire/ — Witt O’Brien’s , LLC ( Witt O’Brien’s ) announced today the acquisition of Strategic Crisis Advisors LLC (SCA). SCA is a crisis management consulting firm specializing in corporate preparedness. SCA helps its multinational clients prepare for man-made and natural disruptions by developing robust crisis management programs that include innovative planning, training and exercises […]

Stock Analysts

VRSK or TRU: Which is the Better Stock Post Q4 Earnings?

The earnings season is at its tail end with bulk of the S&P 500 companies having reported results. Various analysis and comparisons are being done by industry peers to gauge the underlying metrics and relative performance. Let us perform a similar analysis of two leading players in the Business Services sector to pick the best investment option based on the fourth-quarter 2017 earnings scorecard. […]