Recent Transactions
The Shyft Group Has Acquired Independent Truck Upfitters
The Shyft Group Has Acquired Independent Truck Upfitters THE TRANSACTION On July 25, 2024, The Shyft Group, Inc. (“Shyft”), the North American leader in specialty vehicle manufacturing, assembly, and upfit for the commercial, retail, and service markets, announced it acquired Independent Truck Upfitters (“ITU”), a leading vocational service body upfitter based in the Midwest. The…
Read MoreGlobal Enterprises has been acquired by OKE Group GmbH
Global Enterprises has been acquired by OKE Group GmbH THE TRANSACTION On July 1, 2024, Global Enterprises (“Global” or “the Company”), a leading manufacturer of technical extruded profiles and other seating and interior assemblies for the global automotive industry, was acquired by OKE Group GmbH (“OKE”). The transaction strengthens OKE’s presence in Eastern Europe and…
Read MoreAMI Industries, Inc. has acquired Fluid Handling Technology, Inc.
AMI Industries, Inc. has acquired Fluid Handling Technology, Inc. THE TRANSACTION On July 1, 2024, AMI Industries, Inc. (“AMI” or “the Company”), a leading Tier I and II supplier of fluid handling components to the agriculture, construction, automotive, heavy truck, defense, and marine industries, acquired substantially all of the assets of Fluid Handling Technology, Inc.…
Read MorePima Federal Credit Union has agreed to acquire Republic Bank of Arizona
Pima Federal Credit Union to Acquire Republic Bank of Arizona THE TRANSACTION On May 16, 2024, Pima Federal Credit Union (“Pima”) and RBAZ Bancorp, Inc. (OTCPK: RBAZ) (“RBAZ”), the holding company of Republic Bank of Arizona, an Arizona state bank (“Republic Bank”), announced today that they have entered into a definitive agreement whereby Pima will…
Read MoreJEMS of Litchfield has been acquired by an affiliate of Lock Joint Tube
JEMS of Litchfield has been acquired by an affiliate of Lock Joint Tube THE TRANSACTION JEMS of Litchfield, Inc. (“JEMS”), a leading supplier of trailer hitch receivers, towing components and hitch assemblies to automotive OEMs and aftermarket suppliers to the automotive, RV, and off-highway vehicle markets, has been acquired by an affiliate of Lock Joint…
Read MoreCommodore Financial Network, Inc. has agreed to be acquired by North Valley Bancshares, Inc.
Commodore Financial Network, Inc. has agreed to be acquired by North Valley Bancshares, Inc. THE TRANSACTION On February 26, 2024, North Valley Bancshares, Inc., (“NVBI”) the parent company of North Valley Bank, Zanesville, Ohio, and Commodore Financial Network, Inc., (“CFNI”) the parent company of Commodore Bank, Somerset, Ohio, announced that the two organizations have signed…
Read MoreBeacon Credit Union to Acquire Mid-Southern Savings Bank
Beacon Credit Union to Acquire Mid-Southern Savings Bank THE TRANSACTION On January 25, 2024, Beacon Credit Union and Mid-Southern Bancorp, Inc. (“Mid-Southern Bancorp”) (OTCQX: MSVB), the holding company for Mid-Southern Savings Bank, FSB (“Mid-Southern Bank”), announced today that Beacon Credit Union, Mid-Southern Bancorp and Mid-Southern Bank have signed a definitive purchase and assumption agreement whereby…
Read MoreQualCast has been acquired by Melling Tool Company
QualCast has been acquired by Melling Tool Company THE TRANSACTION QualCast, LLC (“QualCast”), a worldwide provider of aftermarket valvetrain and other engine components, has been acquired by Melling Tool Company (“Melling”), a leading full-service manufacturer and supplier of performance defining engine components to the automotive aftermarket, the high-performance enthusiast market, and automotive OEMs. QualCast provides…
Read MoreCommunity Unity Bank has Completed its $28.6 Million Initial Offering of Common Stock
Community Unity Bank has Completed its $28.6 Million Initial Offering of Common Stock THE TRANSACTION On November 13, 2023, Community Unity Bank (the “Bank” or “CUB”) completed its initial common stock offering raising $28.6 million in gross proceeds. The offering size exceeded the $25 million minimum capital raise under the terms of the offering. CUB,…
Read MoreCloyes Acquisition of Rotomaster
Cloyes Acquisition of Rotomaster THE TRANSACTION On October 30, 2023, Cloyes Gear & Products, Inc. (“Cloyes”), the global leader and designer of mission-critical timing drive systems and components for the automotive aftermarket, announced the acquisition of Rotomaster, a leading global turbocharger and component specialist. The acquisition is supportive of Cloyes’ long-term strategy to continue its…
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