Core & Main, a Missouri-based water, sewer, and fire protection products distributor, has agreed to acquire considerably all of the assets of Lock City Supply, a New York-based distributor of water and wastewater products. The financial terms of the deal were not disclosed. Steve LeClair — CEO of Core & Main said: “With almost 50 […]
The Hilb Group, a US-based property and casualty and employee benefits insurance brokerage and advisory firm, has acquired the Mark E. Malvaso Agency for an undisclosed price in a move to consolidate its footprint across New York state. The financial terms of the deal were not revealed. Based in Elbridge, the Mark E. Malvaso Agency […]
Culper Capital Partners has created its first control platform, The Producto Group, following the acquisition of Ring Precision Components, New Vision Industries and Dieco. The New York-based private investment firm had acquired Ring Precision Components and Dieco through the corporate carve out from The PMT Group. On the other hand, New Vision Industries by the […]
New York-based PrestigePEO has acquired rival professional employer organization (PEO) StaffLink Outsourcing based in Florida for an undisclosed price. StaffLink Outsourcing caters to small businesses and their employees across the US, with an emphasis on those in the Eastern seaboard. The professional employer organization is said to have a considerable client base in Florida, the […]
Vested, a New York-based financial services communications company, has acquired Red Lab Technologies, an Iowa-based web design, development, and digital marketing firm, for an undisclosed price. According to Vested, the acquisition boosts its digital capabilities and adds talented personnel to its team. This is expected to enable Vested to address the marketing and communications requirements […]
NetApp, a US-based cloud-led, data-centric software company, has acquired cloud optimization platform CloudCheckr for an undisclosed price. Based in New York, CloudCheckr is said to provide cloud visibility and insights to reduce costs, maintain security and compliance, while streamlining cloud resources. According to NetApp, the acquisition broadens Spot by NetApp’s FinOps and SecOps services by […]
The Coca-Cola Company has acquired full ownership of American sports performance and hydration beverages brand BODYARMOR by acquiring the 85% stake it previously didn’t own in an all-cash deal worth $5.6 billion. The soft drinks giant had acquired a 15% stake in BODYARMOR in 2018 with a direction to buy out the remaining stake based […]
Trigyn Technologies Limited said that its fully-owned subsidiary — Trigyn Technologies, Inc. has won a contract from the New York Power Authority (NYPA) to deliver authority-wide contingent staffing. The contract is for a period of five years, said the Indian IT company. The New York Power Authority with 16 generating facilities and over 1,400 circuit-miles […]
JPMorgan Chase has agreed to acquire The Infatuation, a New York-based restaurant recommendation website and messaging service, for an undisclosed price. The Infatuation is a restaurant discovery platform, which is designed to provide recommendations to users about where to eat. Established in 2009, The Infatuation is an editorial platform where real people share real opinions […]
Cazoo, a British online car retailer, has wrapped up its previously announced $7 billion merger deal with blank check company Ajax I, and has subsequently started trading on the New York Stock Exchange (NYSE). The online used car dealer, now operating as Cazoo Group, has its Class A ordinary shares trading under the ticker symbol […]