Above Food Corp., a Canadian plant-based food company, has agreed to acquire Atlantic Natural Foods for over $30m in an all-cash deal, as per an announcement made in late October. Based in Nashville, US, Atlantic Natural Foods is engaged in producing plant-based alternatives for seafood, plant-based simple meals, and plant-based replacements for egg. The transaction […]
Resolute Industrial, a provider of specialty HVAC&R and power equipment rental solutions, compressor remanufacturing, and refrigerant storage services, has acquired All American Portable Air. According to Resolute Industrial, All American Portable Air will operate under its rental division – Mobile Air & Power Rentals. Mike McGraw – CEO of Resolute Industrial said: “This acquisition broadens […]
InsurePay has raised $5 million in a Series A financing round for its workers’ compensation administration and insurance premium billing platform designed for insurance providers. The financing round of the Florida-based insurtech company was led by FINTOP Capital, a venture capital firm based in Nashville. It also saw the participation from various other strategic industry […]
Restaurant industry news : Chicken Salad Chick, a US chicken restaurant chain, is all set to open a new branch in Nashville, Tennessee at Spring Hill. The new chicken restaurant in Spring Hill will be fourth location for Chicken Salad Chick in Nashville. The Spring Hill branch, which will open its doors on 21 August, […]
Fast food restaurant company chain Church’s Chicken which specializes in fried chicken is all set to have a massive expansion with an investment of $40 million in the US. Its new franchisee, Volunteer Chicken is to open 10 new restaurants having secured the rights and getting the necessary financial backing from the American Development Partners […]