Arthur J. Gallagher & Co. said that it has acquired Anderson Benson, a retail insurance broker and risk management firm, based in Nashville, Tennessee for an undisclosed price. Established in 2012, Anderson Benson is said to have expertise in the entertainment niche expertise. It also specializes in hospitality, transportation, construction, and private clients across the […]
Novonix Limited has been selected for a $150 million grant from the US Department of Energy (DOE) to expand the production of synthetic graphite in the US. The Australian battery materials and technology company in this connection will participate in negotiations with the DOE through its anode materials unit located in Chattanooga, Tennessee. The negotiations […]
Fiberon, an American manufacturer of outdoor living products, started construction on a new manufacturing facility in Columbia, Tennessee. The facility is likely to be at least 500,000 square feet and is being constructed on a 130-acre plot of land. Fiberon, which is a part of the outdoors and security unit of Fortune Brands Home & […]
Toyota Motor North America said that it will invest a further $90 million in the Toyota West Virginia (TMMWV) and Toyota Tennessee (TMMTN) manufacturing facilities to ramp up hybrid transaxle and engine capacity. The investment will help in further growing the production of electrified vehicles, said Toyota Motor North America. Toyota West Virginia will get […]
Tritium DCFC Limited, a developer of direct current (DC) fast chargers for electric vehicles (EVs), has revealed plans to grow its American footprint through a new manufacturing plant in Lebanon, Tennessee. The new facility to be located in Wilson County is likely to have half a dozen production lines for Tritium DCFC’s DC fast chargers, […]
Trella Health, an Atlanta-based healthcare data analytics firm, has acquired PlayMaker Health for an undisclosed price. PlayMaker Health, which is based in Brentwood, Tennessee, had developed post-acute customer relationship management (CRM) and electronic medical record (EMR) referral management system. The company caters to home health, hospice, hospice medical equipment (HME), infusion, and long-term care agencies […]
Palladium Equity Partners, a middle market private equity firm, has acquired Health Connect America, a behavioral health services platform, from Harren Equity Partners, for an undisclosed price. Based in Tennessee, Health Connect America is engaged in the treatment of a comprehensive range of issues, which include conduct disorder, autism disorders, substance abuse, and emotional disturbance. […]
Probo Medical, a used ultrasound equipment company backed by Varsity Healthcare Partners, has acquired Tennessee-based medical equipment supplier Tenvision for an undisclosed price. Established in 2005, Tenvision is said to have deep expertise in ultrasound equipment. Probo Medical said that Tenvision’s field service engineers, sales representatives, and in-house repair technicians are vastly experienced in providing […]
Liberty Bank and Trust Company has agreed to acquire Tri-State Bank of Memphis in an all-cash deal worth around $965 million in a move to foray into the Memphis, Tennessee market. Based in New Orleans, Louisiana, Liberty Bank and Trust Company is the holding company for Liberty Financial Services, which operates across 11 cities in […]
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 […]