Mergers and Acquisitions
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Mergers and Acquisitions News (M&As) for Public and Private Companies
Matrix Capital Advises on the Sale of Dana Safety Supply, Inc. to AEA Investors
eNewsChannels NEWS: -- Matrix Capital Markets Group, Inc., a leading independent investment bank, is pleased to announce the sale of Dana Safety Supply, Inc. (DSS) to AEA Investors. Prior to the sale, DSS was a wholly-owned subsidiary of Scott McRae Automotive Group, LLLP (SMAG).
Dark Matter Technologies brings the NOVA LOS under its banner to serve a broader range of mortgage lenders
eNewsChannels NEWS: -- Dark Matter Technologies (Dark Matter®), an innovative leader in mortgage technology, today announced the addition of the NOVA loan origination system (LOS) to its product lineup. Bringing the NOVA LOS under its banner alongside the Empower® LOS enables Dark Matter to offer two distinct LOS solutions and cater to a more diverse range of lender business models.
Matrix Advises on the Successful Sale of WTG Fuels, LLC’s Delivered Fuels Business
eNewsChannels NEWS: -- Matrix Capital Markets Group, Inc. announces the successful sale of the propane, commercial motor fuels, and lubricants business of WTG Fuels, LLC to ThompsonGas, LLC. WTG Fuels is a subsidiary of West Texas Gas, a leading provider of natural gas distribution services throughout Texas and Oklahoma.
Matrix Capital Advises Singer Energy Group, dba Robison, on its Sale to an Affiliate of Star Group
eNewsChannels NEWS: -- Matrix Capital Markets Group, Inc., a leading, independent investment bank, has advised Singer Energy Group, Inc. and its affiliates d/b/a Robison ("Robison" or the "Company") on the sale of its integrated heating oil distribution and HVAC services business to an affiliate of Star Group, L.P. (NYSE: SGU). Headquartered in Port Chester, New York, Robison is a leading distributor of heating oil and provider of home comfort solutions in and around Westchester and Putnam Counties, New York.
Matrix Capital Advises Pump N’ Pantry, Inc. on its Sale to United Refining Company
eNewsChannels NEWS: -- Matrix Capital Markets Group, Inc., a leading, independent investment bank, has advised Pump N' Pantry, Inc. and its affiliates (collectively, "Pump N' Pantry" or the "Company") on the sale of its convenience retail assets to United Refining Company. Headquartered in Montrose, Pennsylvania, Pump N' Pantry is a leading, regional convenience retailer, operating 14 convenience stores throughout central Pennsylvania.
Matrix Capital Advises Land O’Sun Management on its Sale to Anabi/Rebel
eNewsChannels NEWS: -- Matrix Capital Markets Group, Inc., a leading, independent investment bank, has advised Land O'Sun Management Corporation d/b/a Fast Track on the sale of its petroleum marketing, convenience retail and quick-service restaurant businesses to Anabi Real Estate Development, LLC and its affiliates d/b/a Anabi/Rebel. Headquartered in Gainesville, Florida, Fast Track is a leading petroleum marketing, convenience retail and QSR company, operating 17 convenience stores, 10 co-located QSRs, and two stand-alone QSRs in Northern Florida.
KROST CPAs Acts as Exclusive Financial Advisor to United Filters International in its Sale to ENPRESS LLC
eNewsChannels NEWS: -- United Filters International (UFI), a recognized leader in the design and manufacture of an expansive range of liquid filtration solutions, was recently sold to ENPRESS LLC, a leading manufacturer of composite pressure vessels and water filtration technologies. KROST was the exclusive financial advisor, and the terms of the transaction were not disclosed.
Matrix Capital Leads Capital Raise for G&M Oil Company
eNewsChannels NEWS: -- Matrix Capital Markets Group, Inc. ("Matrix"), a leading, independent investment bank, announces that it served as lead advisor on G&M Oil Company's ("G&M" or the "Company") syndicated debt financing. Founded in 1988, Matrix Capital Markets Group, Inc. is an independent, advisory focused, privately-held investment bank.
Matrix Capital Markets Group Advises on the Sale of Andretti Petroleum Group
eNewsChannels NEWS: -- Matrix Capital Markets Group, Inc. ("Matrix"), a leading, independent investment bank, announces that it has advised Andretti Petroleum Group ("Company") on the sale of its convenience retail, fuels distribution, cardlock, fleet card, commercial fueling, car wash, lubricants and transportation businesses to H&S Energy, LLC and its affiliates ("H&S"). Andretti Petroleum Group is one of the largest convenience retail and fuels distribution businesses on the West Coast and Pacific Northwest, operating in northern California, Oregon and Washington.
Avenu Insights Announces Strategic Acquisition of Judicial Innovations
eNewsChannels NEWS: -- Avenu Insights & Analytics ("Avenu"), the global leader in revenue recovery and administrative solutions for state and local governments, is excited to announce its acquisition of Judicial Innovations, a pioneering provider of cloud-based payment and case management solutions. This acquisition marks Avenu's second payment solution acquisition in 2024, underscoring its commitment to investing in government payment technologies and expanding its Justice Solution set including Avenu | Court, Avenu | Jury, and Avenu | Payments.