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Category: Acquisitions

Acquisitions / Medical Devices

West Michigan surgical products firm buys N.C. competitor

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 …

Acquisitions / Gigabit Internet

Cleveland firm completes buyout of Detroit’s Rocket Fiber

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 …

Acquisitions / Construction Equipment / Earnings

Alta Equipment Group reports 35% jump in revenue but posts loss

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 …

Acquisitions / Online Marketing / Video Technology

Video tour company bought by entrepreneur

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 …

Acquisitions / Aerospace

TriMas buys military, aerospace manufacturer

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 …

Acquisitions / Material Handling / Software

GR material handling firm bought out

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 …

Acquisitions / Mainframe Computing / Software

Compuware completes data processing acquisition

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 …

Acquisitions / Auto Industry / Software

J.D. Power buys auto sales software unit

TROY—J.D. Power, the Troy-based provider of data analytics and consumer intelligence, announced the acquisition of Trilogy Automotive, the automotive software division of Austin, Texas-based Trilogy Enterprises. Terms were not disclosed. …

Acquisitions / Artificial Intelligence / Blockchain / Machine Learning / Managed IT Services / Software / Staffing

Detroit IT consultant bought out by Indian firm

DETROIT—QStride Inc., a Detroit-based IT consulting and staffing provider, announced the company has reached an agreement to be acquired by Drisla Inc., a Hyderabad, India-based provider of block chain, analytics, …

Acquisitions / Customer Experience / Software

Private equity firm Thoma Bravo combines J.D. Power, Autodata Solutions

TROY—The consumer data and behavior analyst J.D. Power will combine with Autodata Solutions under the J.D. Power name, according to representatives of Thoma Bravo, the Chicago private equity firm that …

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