RD Last Mile Holdings, LLC (“ADL Final Mile”), a final mile delivery company headquartered in Omaha, NE, has acquired Henry Industries, Inc. (“Henry Industries” d/b/a Henry Freight Solutions), a leading provider of customized and final mile logistics services in the states of Illinois, Missouri, Kansas, Arkansas, Oklahoma, and Texas. Henry Industries is ADL Final Mile’s fourth acquisition.
Mammoth Holdings LLC, America’s premier express car wash platform, announced the appointment of Terry Emerson as President and Chief Operating Officer. Most recently as Senior Vice President of Express Oil Change and Tire Engineers, Terry brings over 20 years of distinguished leadership in the automotive and retail sectors, punctuated by a commitment to team development and best-in-class customer service.
Steward Partners, a full-service, employee-owned, independent financial services firm, announced today the acquisition of Mainstay Wealth Management, adding four advisors and over $850 million in assets under management to Steward Partners’ roster in its Legacy Division.
Cincinnati, OH – November 20, 2024 – Omni Fiber, a leading provider of high-speed fiber optic internet services in the Midwest, today announced a merger with Lit Fiber, the leading provider of fiber Internet services in Medina County, Ohio. Lit Fiber is currently expanding its network into surrounding communities and is building a state-of-the-art fiber network in Brownsville, Texas.
SAN FRANCISCO–(BUSINESS WIRE)–Nimble, a pioneering AI robotics and autonomous e-commerce fulfillment technology company, today announced the successful closure of a $106 million Series C funding round elevating the company to a $1 billion valuation.
Zephyr announced that it has raised over $60M in new growth capital led by Elda River Capital (“Elda River”) and The Pritzker Organization (TPO). TPO looks for opportunities where it can create value for the family’s interests and those of its partners and colleagues over a significant time horizon.
IMIDomics, Inc., a pioneering private company focused on advancing precision medicines for immune-mediated inflammatory diseases (IMIDs), announced today that effective October 1, 2024, Matthias Evers, Ph.D., will join the company’s Board of Directors.
FedEx Corporation (NYSE: FDX) today announced a strategic alliance and investment with Nimble, an AI robotics and autonomous e-commerce fulfillment technology company, to scale FedEx Fulfillment with their fully autonomous 3PL model. To support this alliance, FedEx has made a strategic investment in Nimble.
KBP Brands, one of the largest and fastest-growing franchise operators in the United States, has acquired 85 SONIC restaurants across six states – Delaware, Georgia, Kentucky, North Carolina, South Carolina and Virginia. This purchase brings KBP’s total restaurant portfolio, which also includes KFC, Taco Bell, and Arby’s, to more than 1,000 restaurants in 32 states.
MRO Holdings Inc. (“MROH” or the “Company”), a leading provider of aircraft maintenance solutions for the global commercial airline industry, today announced that it has agreed to a strategic minority investment from Bain Capital to support the Company’s ongoing development and expansion of customer-centric initiatives. Financial terms of the private investment were not disclosed and the transaction is subject to customary closing conditions.