KBP BRANDS PURCHASES 85 SONIC RESTAURANTS; ADDS FOURTH BRAND TO RESTAURANT PORTFOLIO

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 [...]

LEADING AVIATION MAINTENANCE PROVIDER MRO HOLDINGS SECURES STRATEGIC GROWTH INVESTMENT FROM BAIN CAPITAL

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 [...]

STV GROUP, INCORPORATED ACQUIRES FLORIDA-BASED MEHTA AND ASSOCIATES, INC.

NEW YORK, NY – STV Group, Incorporated, a leading professional services firm that plans, designs and manages infrastructure projects across North America, today announced it has acquired MEHTA and Associates, Inc. (also known as MEHTA Engineering), an engineering and construction engineering inspection firm which has more than 75 professionals [...]

FLOATING POINT CLOSES SECOND FUND TO INVEST IN COMPLEX SECTORS

Floating Point, an early stage venture capital firm investing in complex sectors, today announced the closing of its $70 million second fund. Floating Point looks deep in overlooked sectors to back expert founders building first of their kind companies. Their portfolio includes category-defining companies such as Altana, Commons Clinic, Sun D [...]

OHA STV PRESS RELEASE

New York, New York — Oak Hill Advisors (“OHA”) served as the Left Lead Arranger for the private financing of STV Group, Inc. (“STV”), which is partnered with The Pritzker Organization (“TPO”). STV is a leading provider of engineering and consulting services focused on infrastructure and transportation projects across North America. [...]

ADL FINAL MILE ACQUIRES SONIC TRANSPORTATION & LOGISTICS

OMAHA, Neb., Feb. 15, 2024 /PRNewswire/ -- RD Last Mile Holdings, LLC ("ADL Final Mile"), a final mile delivery company headquartered in Omaha, NE, has acquired the assets of Sonic Systems, Inc. (d/b/a Sonic Transportation & Logistics), a leading provider of customized and final mile logistics services in the state of Florida.

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MAMMOTH HOLDINGS ACQUIRES GALAXIES EXPRESS CAR WASH IN KILLEEN, TEXAS

Mammoth Holdings LLC, America's premier express car wash platform, announced today the acquisition of Galaxies Express Car Wash, an operator of express conveyor car washes in Killeen, Texas. The acquisition is part of Mammoth's "drive-to-five" (500 sites) across the U.S. and further expands Mammoth's footprint in the Texas market.

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