Mergers & Acquisitions

Aya Healthcare Acquires Locums Unlimited

Aya Healthcare Acquires Locums Unlimited The acquisition deepens and strengthens Aya’s locum tenens service offering PR Newswire SAN DIEGO, May 30, 2018 SAN DIEGO , May 30, 2018 /PRNewswire/ — Aya Healthcare , the largest privately held travel nurse staffing and healthcare workforce solutions provider in the country, acquired Locums Unlimited on May 20, 2018 , a locum tenens staffing company located in San Diego, Calif. The company will operate as a subsidiary of Aya Healthcare. […]

Mergers & Acquisitions

JLL’s CEO comments on LaSalle’s double acquisition from Aviva Investors

JLL’s CEO comments on LaSalle’s double acquisition from Aviva Investors Adding Aviva’s Real Estate Multi-Manager business and Encore+ fund will position LaSalle in top five global non-listed indirect real estate investment managers PR Newswire LONDON and CHICAGO, May 30, 2018 LONDON and CHICAGO , May 30, 2018 /PRNewswire/ — LaSalle Investment Management, the global real estate investment manager, today announced it has entered into agreements to acquire the Real Estate Multi-Manager business of Aviva Investors, and full ownership of the management of the Encore+ fund. LaSalle’s press release is linked here . Following LaSalle’s announcement, JLL CEO Christian Ulbrich commented: “These are exciting and significant additions to the breadth and strength of LaSalle’s global investment management platform, which is an important part of the broader JLL group. […]

Stock Analysts

Coca-Cola to Boost Investment in Argentina to $1.2 Billion

The Coca-Cola Company KO has plans to boost its investment in Argentina. The beverage giant intends to invest $1.2 billion in the country within the time period of 2019-2021, as stated by the company in a statement on May 29. Earlier, Coca-Cola had plans to invest $1 billion in the 2016-2018 time frame. […]

Mergers & Acquisitions

LaSalle Makes Double Acquisition from Aviva Investors

LaSalle Makes Double Acquisition from Aviva Investors PR Newswire LONDON, May 30, 2018 LONDON , May 30, 2018 /PRNewswire/ — LaSalle Investment Management (“LaSalle”), the global real estate investment manager, has entered into an agreement to acquire the Real Estate Multi-Manager (“REMM”) business of Aviva Investors (“Aviva”), and full ownership of the management of the Encore+ fund. Aviva’s REMM business has $7 billion of assets under management. LaSalle and Aviva have entered into a binding contract and the deal is expected to close by the end of year. […]

Mergers & Acquisitions

Generational Equity Announces Sale of Sturtevant Richmont to Snap-on Incorporated

Generational Equity Announces Sale of Sturtevant Richmont to Snap-on Incorporated PR Newswire DALLAS, May 30, 2018 DALLAS , May 30, 2018 /PRNewswire/ — Generational Equity , a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, Sturtevant Richmont of Carol Stream, Illinois , to Snap-on Incorporated of Kenosha, Wisconsin . The acquisition closed November 16, 2016 . Sturtevant Richmont , founded in 1940, is a manufacturer of tools and testing devices […]

Mergers & Acquisitions

GAIN Capital to Sell GTX ECN Business to Deutsche Börse Group’s FX unit, 360T

GAIN Capital to Sell GTX ECN Business to Deutsche Börse Group’s FX unit, 360T Agrees to sell the business for $100 million in cash Transaction furthers GAIN’s focus on growing its leading retail trading business, while continuing to return cash to shareholders PR Newswire BEDMINSTER, N.J., May 30, 2018 BEDMINSTER, N.J. , May 30, 2018 /PRNewswire/ — GAIN Capital Holdings, Inc. (“GAIN” or “the Company”) (NYSE: GCAP), a leading global provider of online trading services, today announced that it reached a definitive agreement to sell the Company’s GTX ECN business, an institutional platform for trading foreign exchange, to Deutsche Börse Group, a leading diversified exchange organization providing services to the securities industry, via its FX unit, 360T for a total purchase price of $100 million . […]

Mergers & Acquisitions

Infosys Completes Acquisition of Award-Winning Creative and Consumer Insight Agency, WONGDOODY

Infosys Completes Acquisition of Award-Winning Creative and Consumer Insight Agency, WONGDOODY PR Newswire BENGALURU, India and SEATTLE, May 30, 2018 BENGALURU, India and SEATTLE , May 30, 2018 /PRNewswire/ — Infosys (NYSE: INFY), a global leader in consulting, technology and next-generation services, today announced that it has completed the acquisition of WONGDOODY, a US-based, full-service creative and consumer insights agency. WONGDOODY, an award-winning creative agency with studios in Seattle and Los Angeles , brings to Infosys globally recognized creative talent and deep marketing and brand engagement expertise. The acquisition is in accordance with the terms set out in the agreement announced by the company on April 13, 2018 […]

Mergers & Acquisitions

IMG Acquires Applied Fusion

IMG Acquires Applied Fusion PR Newswire LIVERMORE, Calif., May 29, 2018 LIVERMORE, Calif. , May 29, 2018 /PRNewswire/ — IMG Companies LLC (IMG), an Addison Capital Partners portfolio company, is pleased to announce the expansion of the company’s capabilities and customer base with the acquisition of Applied Fusion Inc. (AFI), located in San Leandro, California . […]

Stock Analysts

Oil Rig Count Continues to Tick Up in Permian Basin

In its weekly release, Baker Hughes reported an increase in rig count in the United States. Rig Count Details Baker Hughes’ data, issued at the end of every week since 1944, helps energy service providers gauge the overall business environment of the oil and gas industry. […]

Stock Analysts

Lockheed Martin Wins $23M Deal for A-RCI System and Services

Lockheed Martin Corp .'s LMT business unit, Rotary and Mission Systems, recently clinched a modification contract for the procurement of Technical Insertion 18/20 Acoustic Rapid Commercial Off-the-Shelf Insertion (A-RCI) insertion systems, pre-cable kits and spares. It will also provide production support services. The deal includes options, which, if exercised, will bring its cumulative value to $433 million. […]

Stock Analysts

SemGroup, DCP Midstream Commence Open Season for NGL Pipeline

SemGroup Corporation SEMG recently announced a binding open season along with DCP Midstream, LP DCP for the White Cliffs Pipeline and Southern Hills Pipeline, which will provide natural gas liquids (NGL) shipping services. The project is expected to connect Weld County, CO and Mont Belvieu, TX. SemGroup plans to transform part of White Cliffs Pipeline system to NGL service, which will help the shippers from the DJ Basin to reach Cushing, OK […]

Stock Analysts

Halliburton, Aramco Unite to Boost Saudi Arabia Gas Output

Halliburton Company HAL recently inked the unconventional gas stimulation services three-year contract with Saudi Aramco, in a bid to unleash a natural gas revolution in Saudi Arabia. Per the deal, the oilfield services major will provide project management, hydraulic fracturing and well intervention services to meet Saudi Aramco’s production targets and improve the economics of its unconventional resources program. The program mainly covers three regions, namely Northern Kingdom, South Ghawar and Jafurah Basin […]

Mergers & Acquisitions

Construction Supply Group, a Portfolio Company of The Sterling Group, Acquires Williams Equipment & Supply and Richform Construction Supply

Construction Supply Group, a Portfolio Company of The Sterling Group, Acquires Williams Equipment & Supply and Richform Construction Supply PR Newswire HOUSTON, May 29, 2018 HOUSTON , May 29, 2018 /PRNewswire/ — The Sterling Group, a Houston -based middle market private equity firm, announced that its portfolio company, Construction Supply Group (“CSG”), has completed the acquisition of Williams Equipment & Supply (“Williams”) and Richform Construction Supply (“Richform”). Construction Supply Group is a leader in the distribution of specialty construction materials, accessories and tools, primarily for professional concrete and masonry contractors in the United States and Canada. The combined company has 87 branches with over 1,300 employees and offers over 60,000 SKUs to nearly 50,000 customers […]