Advion BioSciences Inc., an Ithaca, N.Y.-based developer of microfluidics technology, has acquired NanoTek LLC, a Walland, Tenn.
Veridiam Inc., a San Diego-based metal components manufacturer, has acquired Allied Swiss Screw Inc., an Oceanside, Calif.-based maker of custom-fabricated ultra-precision machined products. No financial terms were disclosed. Veridiam is a portfolio company of WHI Capital Partners. www.veridiam.com
Hub International Ltd., a Chicago-based insurance brokerage, has acquired certain assets of Roslyn Heights, N.Y.-based brokerage Jacobs & Jacobs Inc. Hub also announced that it has acquired the stock of Templeton Southwest Insurance Agency and Templeton Southwest of Houston Insurance Agency Inc. — Texan insurance brokers specializing in commercial trucking insurance services. No financial terms […]
Please say a prayer for the future of American journalism. No, not because Rupert Murdoch has agreed to buy Dow Jones – but because “the world’s only reliable newspaper” is closing its doors after nearly 30 years of service. That paper, of course, is World Weekly News – which has scooped the MSM on such […]
Conner Steel Products Inc., a San Angelo, Texas-based manufacturer of above-ground storage tanks for the oil and gas industry, has acquired Aggregate Plant Products Co., a San Antonio-based provider of material handling equipment for the oil and gas well fracturing services business. Conner Steel is a portfolio company of Empeiria Capital. Terms were not disclosed.
Total Safety U.S. Inc., a Houston, Texas-based portfolio company of DLJ Merchant Banking Partners, has completed its acquisition of Inter-Mountain Safety Inc., an Evanston, Wyo.
Conventional wisdom is that equity sponsors are desperate to see their “hung” buyouts close, in the face of crunched credit and the corresponding possibility that certain banks might jump the bridge. And I don’t doubt it – as no one wants to put several months of work into a deal that falls apart due to […]
Comm-Works Holdings LLC, a Minneapolis-based provider of enterprise communications solutions, has acquired Harbor Technologies, a Mt. Laurel, N.J.-based enterprise networking company. No financial terms were disclosed. Comm-Works is a portfolio company of Morgenthaler Partners. www.comm-works.com www.harbortech.com
GoAmerica Inc. (Nasdaq: GOAM) has agreed to acquire the Telecommunications Relay Services (TRS) division of Verizon for $50 million in cash. The deal also includes up to $8 million in cash earn-outs, and is being financed via a $65 million private equity and debt infusion from Clearlake Capital Group. www.goamerica.com www.verizon.com
SunSource Holdings Inc., a fluid products and systems distributor owned by Code Hennessy & Simmons, has expanded via the acquisition of Seattle-based George W. Warden Co. Inc. (a.k.a. Warden Fluid Dynamics). No financial terms were disclosed. www.sun-source.com www.wfdonline.com