AIR Technologies has been acquired by Fidelity Building Services Group (Fidelity BSG), a national leader in HVAC/Mechanical Services, Building Automation & Controls and Emergency Power Generators. When the owners of AIR Technologies were approached by a strategic acquirer, they reached out to ClearRidge to advise them on the potential sale. With an exhaustive process to prepare AIR Technologies for a sale, identify and approach potential acquirers, the ClearRidge team managed the sale process, due diligence and closing.
Livingston Machinery Company, a leading agricultural equipment dealer serving customers in Oklahoma, Texas, New Mexico, Kansas and Colorado, was acquired by Summit Equity Group in partnership with Midwest Growth Partners. ClearRidge advised the Owners and Board of Directors of Livingston on the sale.
The short story is good news. A rebound is expected in mergers and acquisitions in 2021, gaining momentum throughout the year. Top of mind in Spring is the COVID-19 recovery, vaccine rollout and return to a new normal. Second, we have the implications of a new political climate. Without bias to any political party, a divided congress may be the best …
We had several acquisitions working in March when everything shut down and were not expecting to initiate any new engagements until late summer. However, we did start discussions on a new acquisition at the end of May. Surprisingly to us, the response was overwhelmingly positive and, as of last week, we have nine bona fide offers to acquire this company, five of which are at or above pre-COVID market value. How could this be?
What happens to M&A in the run up to the 2020 Presidential Election? In past election years with an incumbent President, there has been a slowdown in M&A activity from October into mid-November, but how about 2016? Most experts got it wrong. Prior to the 2016 Presidential election, …
ClearRidge advised the owners of Sayed Feghali Cardiology Association on the sale. The owners of Medical Center Cardiovascular Association acquired the practice and will continue to operate out of Texas Children’s Hospital in Houston.
ClearRidge advised the owners of Malone’s on the sale. Crosslake is the principal acquirer, with co-sponsors CFB (CFB.com) and KVCI (KVCI.com).
In this report, ClearRidge reviews the region’s most active industry sectors and give an outlook for Spring 2019. Aerospace, Chemicals, Construction, Engineering, Energy, Healthcare,..
In this report, ClearRidge reviews the region’s most active industry sectors and give an outlook for Winter 2018. Aerospace, Chemicals, Construction, Engineering, Energy, Healthcare,
In this report, ClearRidge reviews the region’s most active industry sectors and give an outlook for Fall 2018. Aerospace, Chemicals, Construction, Engineering, Energy, Healthcare, ...