The Selling Company: Foster Testing, Inc. is an energy services firm that provides chemical applications to oil and gas wells, as well as removal and disposal of hazardous materials. Why the company was sold: The majority shareholder was nearing retirement age and planning to begin the process of selling his company. He wanted his son...
Author: iwerkdev
Tecnomec Agricola, S.A. de C.V. has acquired Garfield Equipment, Inc.
The Acquiring Company: Tecnomec Agricola, S.A. de C.V. (Tecnomec) was established in 1983. Tecnomec is a very profitable leader in the North American metalworking industry. Tecnomec designs, manufactures, distributes and markets agricultural and light construction attachments and implements. Why the Company Was Acquired: Tecnomec engaged Capital Alliance Corporation to find the right company to acquire...
Gator Testing Services, LLC has sold a 40% stake in Covenant Testing Technologies, LLC
The Selling Company: Gator Testing Services, LLC Why the company was sold: Divest unneeded assets Capital Alliance’s Performance: Negotiated terms and selling agreements on behalf of seller Terms of the Transaction: Assets acquired for cash The Acquiring Company: Covenant Testing Technologies, LLC
Heat Treating Incorporated has been acquired by a Private Investor Group
The Selling Company: Heat Treating Incorporated is a rapidly growing, highly profitable, privately-held company providing portable on-site heat treating and machining to comply with mandated code requirements. Why the company was sold: Create liquidity for the shareholders and to put an eventual retirement plan in place for the shareholders. Capital Alliance’s Performance: Capital Alliance Corporation...
Heaven Sent Naturals, affiliates have been acquired by Red Oak Capital
The Selling Company: Heaven Sent Naturals, Puri-Clean and Covert Labs are three related companies in the nutritional supplement industry. The company’s products are sold in numerous independent and chain health food stores across the country. The Puri-Clean and Covert Labs cleansing products are the leading supplements in the industry and its Heaven Sent line covers...
IBM Foods, Inc. has been acquired by Polyphase Corp./Overhill Farms
Overhill Farms, a subsidiary of Polyphase Corporation (Polyphase), acquired Capital Alliance Corp. client IBM Foods (IBM) of Culver City, California. Operating three state-of-the-art manufacturing plants with a staff of 750 employees, IBM was a supplier of prepared meals for the airline and hotel industries. The company also was the principal supplier of Jenny Craig frozen...
Indianhead Pipeline Services LLC has been acquired by Strait Lane Capital Partners, LLC
The Selling Company: Indianhead Pipeline Services LLC provides pipeline construction support services for mid- to large-diameter oil & gas transmission pipelines throughout the United States. The company provides a mix of services; including buoyancy control, foam systems that protect buried pipelines, and right-of-way restoration services, to the largest pipeline construction contractors and their pipeline system...
Industrial Concepts, Inc. has been acquired by Heartland Steel Products
The Selling Company: Industrial Concepts, Inc. (ICI) is a leading provider of factory automation products and services to automotive and heavy machinery manufacturers in the United States. Based in Georgetown, Kentucky, the company has built a strong track record for delivering factory production solutions involving automated welding, power train assembly, and robotic material handling for...
Integrated Textile Systems, Inc. has been acquired by Armor Holdings, Inc.
The Selling Company: Integrated Textile Systems, Inc. manufactures innovative high strength fibers. Applications include ballistic protection, dental floss, climbing ropes, and many other applications. Over $20 million has already been invested in developing the technology, resulting in over 10 worldwide patents. Why the company was sold: Having resolved initial production issues, the shareholders needed substantial...