Mergers & Acquisitions

Old Point Completes Acquisition of Citizens National Bank

Old Point Completes Acquisition of Citizens National Bank PR Newswire HAMPTON, Va., April 2, 2018 HAMPTON, Va. , April 2, 2018 /PRNewswire/ — Old Point Financial Corporation (Nasdaq Global Market: OPOF) (“Old Point”) announced the completion of its acquisition of Citizens National Bank (“Citizens”). […]

Mergers & Acquisitions

Envista Forensics Announces Acquisition of SAMAC Engineering

Envista Forensics Announces Acquisition of SAMAC Engineering PR Newswire TORONTO and ATLANTA, April 2, 2018 Expands Canadian Forensic Consulting Capabilities in Western Canada TORONTO and ATLANTA, April 2, 2018 /PRNewswire/ — Envista Forensics, a global multidisciplinary forensic consulting firm, today announced that it has completed the acquisition of SAMAC Engineering Ltd., a Calgary, AB based forensic consulting firm. With this acquisition, Envista reinforces its strategic position as the leading forensic consulting provider in Canada . […]

Stock Analysts

Q1 Witnesses Consolidation Wave With All-Time High Global M&A

Buoyed by the tax reform in the United States and a resurgent Europe, first-quarter 2018 recorded an all-time high tally of $1.2 trillion for global mergers and acquisition (M&A) activities. This portrays an intense consolidation wave across diverse markets, as most firms aim to capitalize on bullish macroeconomic sentiments to pursue transformative deals. According to Thomson Reuters data, M&A surged 67% year over year although total number of transactions declined 10% to 10,338 […]

Technicals

THL Credit (TCRD) Enters Oversold Territory

THL Credit, Inc. TCRD has been on a bit of a cold streak lately, but there might be light at the end of the tunnel for this overlooked stock. And for technical investors there is some hope when looking at TCRD given that, according to its RSI reading of 28.07, it is now in oversold territory. […]

Technicals

Super Micro Computer (SMCI) is Oversold: Can It Recover?

Super Micro Computer, Inc. SMCI has been on a bit of a cold streak lately, but there might be light at the end of the tunnel for this overlooked stock. And for technical investors there is some hope when looking at SMCI given that, according to its RSI reading of 28.49, it is now in oversold territory. […]

Technicals

inTEST (INTT) Enters Oversold Territory

inTEST Corporation INTT has been on a bit of a cold streak lately, but there might be light at the end of the tunnel for this overlooked stock. And for technical investors there is some hope when looking at INTT given that, according to its RSI reading of 29.28, it is now in oversold territory. […]

Mergers & Acquisitions

Centre Partners Sells U.S. Retirement & Benefits Partners

Centre Partners Sells U.S. Retirement & Benefits Partners PR Newswire NEW YORK, April 2, 2018 NEW YORK , April 2, 2018 /PRNewswire/ — Centre Partners, a leading middle market private equity firm with offices in New York and Los Angeles , today announced that it has sold its portfolio company U.S. Retirement & Benefits Partners (“USRBP” or the “Company”) to Kohlberg & Company […]

Mergers & Acquisitions

Silver Oak Services Partners Completes Sale Of The Tranzonic Companies

Silver Oak Services Partners Completes Sale Of The Tranzonic Companies PR Newswire EVANSTON, Ill., April 2, 2018 EVANSTON, Ill. , April 2, 2018 /PRNewswire/ — Silver Oak Services Partners, LLC (“Silver Oak”), a leading lower-middle market private equity firm focused exclusively on business, healthcare and consumer services companies, announced today that it has completed the sale of its equity interest in The Tranzonic Companies (“Tranzonic” or the “Company”) to Pittsburgh -based PNC Riverarch Capital (“PNC”). […]

Mergers & Acquisitions

Addus HomeCare Announces Purchase Of Arcadia Home Care & Staffing Business

Addus HomeCare Announces Purchase Of Arcadia Home Care & Staffing Business Business Produced 2017 Revenue of $47.4 Million and Includes 26 Home Care Offices in 10 states PR Newswire FRISCO, Texas, April 2, 2018 FRISCO, Texas , April 2, 2018 /PRNewswire/ — Addus HomeCare Corporation (NASDAQ: ADUS), a provider of comprehensive home care services, today announced the purchase of the assets of Arcadia Home Care & Staffing, a Southfield, Michigan -based provider of home care services. Arcadia , which produced revenues for 2017 of $47.4 million , provides its home care services to approximately 2,300 consumers through 26 offices in 10 states. Addus closed the transaction on April 1, 2018 , for a purchase price of $18.5 million , with funding from the delayed draw term loan portion of its credit facility […]