Coca-Cola Beverages Florida, LLC (Coke Florida) has officially inaugurated its Ocala Sales and Distribution Center, unveiling a $10 million investment in a 28,000-square-foot facility located off Silver Springs Boulevard. The launch, celebrated with a ribbon-cutting event attended by key local officials, signals a significant expansion of Coke Florida’s operations, creating a permanent base for its […]
Gemspring Capital Management, LLC, a prominent private equity firm focused on middle-market investments, has announced the successful closing of a single-asset continuation vehicle designed to acquire interests in Shrieve Chemical Company. The transaction was spearheaded by StepStone Group, a global leader in private markets investment, with additional backing from a wide array of new and […]
Energy Services of America Corporation (NASDAQ: ESOA) has announced its latest expansion move with the acquisition of substantially all assets of Tribute Contracting & Consultants, LLC. The deal, structured under an Asset Purchase Agreement, amounts to $22 million in cash, with adjustments for any assumed debt and working capital, complemented by $2.0 million in Energy […]
ICM, Inc., a leading provider of biorefining technologies, has successfully commissioned its cutting-edge FOT Oil Recovery system at Elite Octane, LLC’s ethanol production facility in Atlantic, Iowa. The installation, which is now fully operational, has surpassed projected oil recovery and performance benchmarks, solidifying its impact in the industry. ICM’s FOT Technology Gains Traction The Elite […]
Silver Point Finance, the direct lending division of Silver Point Capital, L.P., has finalised an $862 million Senior Secured financing to facilitate Sweet Oak’s acquisition of Whole Earth Brands, Inc. This significant financial arrangement includes both the refinancing of Sweet Oak’s existing broadly syndicated loan and funding for the acquisition. The transaction has received notable […]
Northern Oil and Gas, Inc. (NYSE: NOG) and Vital Energy, Inc. (NYSE: VTLE) have unveiled a joint acquisition of Point Energy Partners, LLC’s assets for $1.1 billion. This deal marks a significant expansion in both companies’ operational scope within the Delaware Basin, promising to enhance their portfolio with high-value development inventory. Major acquisition amplifies Delaware […]
In a significant development in the healthcare sector, Astrana Health, Inc. (NASDAQ: ASTH), a leading technology-powered healthcare provider, has announced a definitive agreement to acquire Collaborative Health Systems (CHS). This acquisition, involving CHS—an entity of Centene Corporation (NYSE: CNC), a prominent healthcare enterprise—is poised to enhance Astrana’s ability to deliver high-quality, value-based care across the […]
Industrial Realty Group, LLC, one of the largest players in the commercial and industrial property sector, has made headlines with its latest acquisition. The company has secured a sprawling 298,126 square foot warehouse facility located at 3321 Princess Anne Road in Norfolk, Virginia. This acquisition underscores Industrial Realty Group’s strategic push to bolster its presence […]