Mergers & Acquisitions
Despite reports circulating today that Lanco, Ronkonkoma, N.Y., was shutting its headquarters and…
Nekoosa, consisting of Nekoosa Coated Products, RTape Corp. and CET Films, announced the sale of the business to Sentinel Capital Partners. Sentinel Capital Partners, a New York-based investment firm, partnered with Nekoosa to support continued growth for the company and its growing customer base through new product introductions and acquisitions...
HanesBrands Inc., Winston-Salem, N.C., announced preliminary third-quarter 2017 net sales and earnings per share, and announced the acquisition of Alternative Apparel. “We met our goal of returning to organic growth, and we continued to generate strong operating cash flow,” said Hanes CEO Gerald W. Evans Jr. “Our sales and EPS results, driven by...
Nashville, Tennessee-based distributor Turk Marketing Group has acquired King of Prussia, Pennsylvania-based distributor Advance Custom Promotions. The Distributor Exchange introduced the two multimillion-dollar companies to each other, and guided both parties through the entire process culminating in the successful sale. Financial details of the transaction were not disclosed...
Principals from DemandBridge, Norcross, Ga., and e-Quantum Inc., Reno, Nev., announced they are merging the two companies, effective immediately. The new company will retain the DemandBridge name. DemandBridge and e-Quantum Inc. have provided premier distributor management software...
On the heels of its acquisition of The Sheridan Group last April, CJK Group, led by CEO Chris Kurtzman, is now acquiring Webcrafters. CJK Group is the holding company for Bang Printing, a manufacturer of books, catalogs, publications and fulfillment services in Brainerd, Minn., and Palmdale, Calif., which has already acquired Hess Print Solutions...
Safeguard used most of the spring to complete the divestiture of its Brand Advantage Group, placing it in the hands of long-time employees Dave Daoust and Tom Lyngdal, who oversee the year-old initiative as an independently operated distributorship within the Safeguard network. Thanks to the duo’s expertise and the move marking yet another success for Safeguard, the transaction finds itself among the top 10 finalists for the M&A Advisor Awards Deal of the Year honor...
Strän Promotional Solutions, Quincy, Mass., has acquired Holliston, Massachusetts-based Lindon Associates, making it Strän Promotional Solutions' first major acquisition. The financial details of the purchase haven't been disclosed...
Sometimes, despite our noblest intentions, a deal doesn’t come to fruition. There are a million reasons why. Maybe the buyer can’t secure the right financing. Maybe the valuation comes in under or over expectations. Maybe the numbers are just too far apart for the two sides to see eye-to-eye...
Private equity firm Sycamore Partners has completed the $6.9 billion acquisition of Framingham, Massachusetts-based Staples. As a result of the merger, the common stock of the office supply retailer will no longer be listed for trading on Nasdaq...