NEW YORK and CHICAGO, Oct. 29, 2019 /PRNewswire/ — STV Group, Inc., (“STV”) and The Pritzker Organization, L.L.C. (“TPO”) announced today that the Tom Pritzker Family Business Interests (“PFBI”) advised by TPO have agreed to recapitalize the ownership of STV. STV is a leading engineering, architectural, program/construction management, planning, and environmental professional services firm, with corporate headquarters in New York, NY, and Douglassville, PA. Under the terms of the agreement, TPO will purchase shares in STV owned by the company’s Employee Stock Ownership Plan (“ESOP”) and partner with current management to leverage STV’s existing strength to drive future growth.
Hilton Head Island, SC – September 9, 2019 – Hargray Communications announced today an agreement to acquire Infinity Network Solutions, Inc., a leading information technology services company with operations in Macon and Covington, Georgia. The transaction expands Hargray’s Data Center and Managed Services (DCMS) business and will enhance its already robust suite of communications and IT services for businesses in the Southeast.
LAKE FOREST, Calif., Aug. 19, 2019 /PRNewswire/ — Abry Partners (“Abry”), a Boston-based private equity firm, announced that it has agreed to acquire Portfolio Holding, Inc. (“Portfolio” or the “Company”) from Capital Z Partners, LP (“Capital Z”), a New York-based private equity firm. The transaction is subject to normal and customary closing conditions. Terms of the transaction were not disclosed. Based in Lake Forest, CA, with operations in Dallas, TX, Portfolio is a leading independent provider of finance and insurance products and services to automotive dealers across the country, including vehicle service contracts, GAP insurance, and ancillary products. Its specialty is managing Affiliated Reinsurance Companies for dealership owners. Portfolio also administers warranty programs for other markets. All of Portfolio’s current management team will remain in their roles leading the Company and will retain significant equity ownership.
HILTON HEAD ISLAND, SC — August 13, 2019— Hargray Communications announced today an agreement to acquire Kings Bay Communications, Inc., an Internet and cable TV provider based in Kingsland, Camden County, Georgia. The transaction expands Hargray’s network in the Southeast and positions the company to offer residential and commercial customers in the region a more robust suite of communications services.
ATLANTA, July 15, 2019 /PRNewswire/ — Mammoth Holdings, LLC (“Mammoth”), an Atlanta-based express conveyor car wash operator, has acquired Wash Time Express, Inc., a single-unit express conveyor car wash located in Austell, Georgia. Wash Time Express’s founder, Richard Bailey, Jr., invested a significant amount of his proceeds from the sale into Mammoth and will join the Mammoth team as an operations consultant.
ATLANTA, June 3, 2019 /PRNewswire/ — Mammoth Holdings, LLC (“Mammoth”), an Atlanta-based express conveyor car wash operator, has added a fifth location under its Swifty brand on Moreland Avenue in Atlanta, bringing its total Atlanta locations to thirteen. Gary Dennis, Mammoth’s co-founder and CEO explained, “We want to give our customers more choices and added convenience and building out our markets is the best way to do that.”
Cybersecurity Firm Secures Investment to Support International Expansion of Product Platform and
Customer Base. New York, May 30, 2019 — BlueVoyant, an analytics-driven cybersecurity firm with a mission to protect businesses of all sizes against sophisticated cyber attackers, announced today the close of an expanded $82.5 million Series B funding round. The new investment included participation from new and existing investors along with Fiserv, a financial services technology provider. This brings total funding to $207.5 million to date.
ATLANTA — Mammoth Holdings LLC (“Mammoth”), an Atlanta-based express conveyor carwash operator, has acquired FLCW LLC dba Finish Line Car Wash, an eight-unit express conveyor carwash operator with locations in Kentucky, Tennessee and Illinois, according to a press release. Finish Line’s founders invested a significant portion of their proceeds from the sale of Finish Line into Mammoth and will have important, ongoing roles with the company, the release continued.
SAVANNAH, GA and JACKSONVILLE, FL – MAY 2, 2019 – Hargray Fiber announced today that it has closed its previously announced acquisition of Dark Fiber Systems (“DFS”), a dark fiber provider in Jacksonville, FL. The transaction further expands Hargray’s network in the southeast and positions the company to offer DFS customers and other Jacksonville businesses with the same robust suite of communications services currently available across Hargray’s four-state footprint. This news follows Hargray’s recently announced acquisition of USA Communications’ Alabama assets as well as Hargray’s expansion into Conyers and Covington, Georgia.
HILTON HEAD ISLAND, SC — April 2, 2019 — Hargray Communications announced today that it has closed the acquisition of the Alabama assets of USA Communications, serving Pell City, Alabama and the surrounding areas. The transaction expands Hargray’s network in the southeast and positions the company to offer residential and commercial customers in the region a more robust suite of communications services.