Missouri M&A Update
C&C Produce was acquired by Good Source Solutions, via its financial sponsors A&M Capital and Highview Capital, through an LBO on September 09, 2021 for an undisclosed sum.
C&C Produce is a distributor of produce products based in North Kansas City, Missouri. The company operates 200,000 square foot facility with 10 separate coolers allowing it to hold inventory of products at the required temperature.
DisruptOps was acquired by FireMon for an undisclosed amount on September 8, 2021.
DisruptOps is a developer of a cloud management platform intended to bring unprecedented insight, control, and expertise into the cloud environment. The company’s platform includes an automated and continuous cloud control infrastructure, enabling teams in an organization to move faster into the cloud while strengthening security controls, streamlining operations, and limiting cloud spending.
Pendo Management was acquired by Class Valuation, via its financial sponsor Gridiron Capital, through an LBO on September 8, 2021 for an undisclosed sum.
Pendo Management is a provider of appraisal management services intended for real estate valuation. The company offers different types of appraisals such as residential, real estate owned (REO), commercial, reverse mortgage and relocation appraisals, enabling clients to find the right price for properties.
Combining Class Valuation and the company’s core capabilities, tech-enabled workflows and complementary areas of expertise will allow them to provide better service to their customers.
The Vandiver Group was acquired by Lambert for an undisclosed amount on September 8, 2021.
The Vandiver Group is a provider of strategic communication and public relation services intended to serve corporate and private clients in St. Louis, Missouri. The company specializes in strategic counseling, public relations, crisis management, media relations, research, creative design, social media, marketing, training, health communication, and employee communication services, thereby allowing clients to communicate, engage and build brand reputation.
The acquisition fuel Lambert’s integrated service offerings and expanding its talent bench.
TIG Thomas Insurance Group was was acquired by Senior Market Sales on September 1, 2021 for an undisclosed sum.
TIG Thomas Insurance Group is a provider of insurance services based in Cape Girardeau, Missouri. The company offers Medicare, life insurance, auto, long-term care and disability insurance services to its clients.
Rejuvenate Mind-Body Wellness Center was acquired by Curis Functional Health for an undisclosed amount on August 31, 2021.
Rejuvenate Mind-Body Wellness Center is an operator of mental health, chiropractic and nutritional care clinic located in Lee’s Summit, Missouri. The clinic offers chiropractic care for neck pain, headaches, migraines, bulging or herniated discs and spinal decompression, mental therapy for individuals, couples, family, kids, cognitive behavior and psychological evaluation as well as weight loss programs, enabling patients with physical and mental well-being.
The acquisition expands Curis’ Chiropractic, Counseling, and Nutritional services.
Spear Power Systems was acquired by was acquired by Sensata Technologies (NYS: ST) for an undisclosed amount on August 23, 2021.
Inspr was acquired by Stars Design Group, Steve Smith and Will Smith for an undisclosed amount on August 12, 2021.
StayLock Storage was acquired by SROA Capital through an LBO on August 5, 2021 for an undisclosed sum.
Italgrani USA, a subsidiary of Progetto Grano, was acquired by Richardson Oilseed (US) Holdings, a subsidiary of Richardson International, for an undisclosed amount on August 3, 2021.
Specialty Carts was acquired by Capsa Healthcare, via its financial sponsor Levine Leichtman Capital Partners, through an LBO on August 3, 2021 for an undisclosed sum.
Gateway Pharmacology Laboratories was acquired by Bioanalytical Systems (NAS: NOTV) for an undisclosed amount on August 2, 2021.
ABLE Manufacturing & Assembly was acquired by National Composites, via its financial sponsor Covington Partners, through an LBO on July 30, 2021 for an undisclosed sum.
Cloud Star was acquired by NXMH through an LBO on July 29, 2021 for an undisclosed sum.
Jefferson Bank & Trust Company reached a definitive agreement to be acquired by First Mid-Illinois Bank & Trust (NAS: FMBH) for $106.3 million on July 29, 2021.
Watkins Lithographic reached a definitive agreement to be acquired by Modern Litho, a subsidiary of Midtown Printing & Digital Solutions, for an undisclosed amount on July 27, 2021.
Sapper Consulting was acquired by Abstrakt Marketing Group for an undisclosed amount on July 26, 2021.
Bibb Engineers Architects & Constructors was acquired by S & B Engineers and Constructors for an undisclosed amount on July 20, 2021.
Environmental Management Alternatives was acquired by HEPACO, via its financial sponsor Gryphon Investors, through an LBO on July 19, 2021 for an undisclosed sum.
Kuecker Pulse Integration was acquired by Ares Management through an LBO on July 16, 2021 for an undisclosed sum.
Excel Utility Contractors, LLC was acquired by Sileo Capital, Brightwood Capital Advisors and Mizzen Capital through an estimated $6 million LBO on July 15, 2021.
ACHeck21 was acquired by Payroc, via its financial sponsors Audax Group and Parthenon Capital Partners, through an LBO on July 14, 2021 for an undisclosed sum.
Transport Distribution Company was acquired by Paschall Truck Lines for an undisclosed amount on July 14, 2021.
Geotechnology, Inc. was acquired by Universal Engineering Sciences, a subsidiary of GFA International, on July 8, 2021 for an undisclosed sum.
Champion Brands was acquired by PLZ Aeroscience, via its financial sponsor Pritzker Private Capital, for an undisclosed sum through an LBO on July 6, 2021.
Barbour Concrete Company was acquired by Forterra, via its financial sponsor Lone Star Funds, for an undisclosed sum through an LBO on July 1, 2021.
Clarus Communications reached a definitive agreement to be acquired by Telecom Decision Makers for an undisclosed amount on June 22, 2021.
Perimeter Solutions reached a definitive agreement to acquire EverArc Holdings (LON: EVRA) through a reverse merger for an estimated $740 million on June 16, 2021.
Worldwide Express Partners entered into a definitive agreement to receive an undisclosed amount of development capital from CVC Capital Partners on June 11, 2021.
Talema Group was acquired by Kamic Group for an undisclosed amount on June 9, 2021.
Sachs Electric Company enters into an agreement to be acquired by its management and One Rock Capital Partners through an LBO on June 7, 2021.
Mueller Prost was acquired by Wipfli for an undisclosed amount on June 1, 2021.
UTXL was acquired by Knight-Swift Transportation for $22.5 million on June 1, 2021.
Bancsource was acquired by Cennox, via its financial sponsor BGF, through an LBO on May 26, 2021.
American Construction Source to be acquired by US LBM Holdings, via its financial sponsor Bain Capital, through an LBO on May 25, 2021.
Kansas City Southern to be acquired by Canadian National Railway (TSE: CNR) for $34.6 billion on May 21, 2021.
Zaarly was acquired by Airtasker (ASX: ART) for $3.4 million on May 21, 2021.
Aegion was acquired by New Mountain Capital through a $995 million public-to-private LBO on May 17, 2021.
Transaction Data Systems was acquired by BlackRock through an LBO on May 17, 2021 for an undisclosed sum.
Contractors and Municipal Sweeping Service was acquired by Sweeping Corporation of America, via its financial sponsor Warburg Pincus, through an LBO on May 17, 2021 for an undisclosed sum.
Westfall GMC Truck, Inc. reached a definitive agreement to be acquired by Nextran for an undisclosed amount on May 13, 2021.
Bradford & Galt was acquired by Ettain Group, via its financial sponsor A&M Capital, through an LBO on May 12, 2021 for an undisclosed sum.
Bradford & Galt is a provider of IT services intended for forming a business model that allows for the deployment of IT talent and services. The company provides project staffing, consulting services, site management and EMR go-live support and training, thereby delivering client-centric, flexible and customized services to customers.
Spartech was acquired by The Jordan Company through an LBO on May 10, 2021 for an undisclosed sum.
Spartech is a manufacturer of engineered thermoplastic materials and specialty packaging products for agriculture, aerospace, construction and automotive sectors. The company offers custom plastic sheets, extruded sheets, cell cast acrylic sheets, specialty film laminates and thermoformed packaging products, tanning bed shields, transparent ballistic enclosures, plastic sheet packaging material and roll stock products utilizing a wide breadth of highly technical manufacturing processes and polymer material science capabilities.