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LOS ANGELES—B. Riley Financial Inc. announced the purchase of the assets of Southfield-based Alderney Advisors LLC, a turnaround and dispute resolution firm serving the automotive industry. Terms of the transaction, …
LIVONIA—Officials at Alta Equipment Group Inc. (NYSE: ALTG) announced an agreement to acquire Hilo Equipment & Services, a privately held distributor of material handling equipment with three branches in the …
VAN BUREN TWP.–Ricardo Inc., the North American operating arm of the UK-based propulsion, software, and thermal management developer Ricardo plc, announced an agreement to partner with Diagonal, Iowa-based Excel Engineering, …
CALEDONIA—Aspen Surgical Products Inc., the Caledonia-based provider of surgical disposable products, announced the acquisition of Arden, N.C.-based Precept Medical Products Inc. Price and terms of the transaction were not immediately …
CLEVELAND—Rocket Fiber LLC, the Detroit-based internet service provider, has been purchased by Everstream, a Cleveland-based fiber network. The purchase is part of Everstream’s strategy to provide reliable, high-bandwidth connectivity to …
LIVONIA—Alta Equipment Group Inc. (NYSE: ALTG), a provider of industrial and construction equipment and services, reported a loss of $35.4 million in 2019, compared to net income of $1.5 million …
TRAVERSE CITY—Real Tour Vision (RTV Inc.) announced today that serial entrepreneur Ernie Blood has acquired the majority of its shares and will take on the new active role as president …
BLOOMFIELD HILLS—TriMas Corp. (Nasdaq: TRS), the Bloomfield Hills-based diversified manufacturer, announced an agreement to acquire RSA Engineered Products LLC of Simi Valley, Calif. Terms were not disclosed. RSA manufactures complex …
FT. WASHINGTON, Ky.—Material Handling Systems Inc., a provider of material handling automation and software, announced that it has acquired eMotion Controls Co., a controls system integration and software company based …
DETROIT—Compuware Corp., the provider of software for mainframe software development, announced the completion of its acquisition of the assets of Little Falls, N.J.-based Innovation Data Processing as of Jan. 1. Innovation …