Mergers & Acquisitions

Mergers & Acquisitions

SAIC Completes Acquisition of Benham Investment Holdings, LLC

SAN DIEGO and McLEAN, Va., Aug. 2 / -- Science Applications International Corporation (NYSE:SAI) announced today that it has completed the acquisition of Benham Investment Holdings, LLC (Benham) and its subsidiaries. Benham is an engineering and life-cycle technology implementation firm that serves Fortune 500(R) commercial and federal government customers. Headquartered in Oklahoma City, Okla.,...

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Mergers & Acquisitions

WellPoint Completes Acquisition of American Imaging Management

INDIANAPOLIS and DEERFIELD, Ill., Aug. 1 /-- WellPoint, Inc. (NYSE:WLP), the nation's leading health benefits provider, today announced the completion of its acquisition of American Imaging Management (AIM), a leading radiology benefit management and technology company. AIM will remain headquartered in Deerfield, Illinois, as a wholly owned operating division of WellPoint and will continue to be...

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Mergers & Acquisitions

CHS Acquires DDG Business of Commodity Specialists Company

ST. PAUL, Minn., Aug. 3 -- CHS (NASDAQ:CHSCP), a leading grains, food and energy company, and Commodity Specialists Company (CSC) have entered into a definitive purchase agreement for CHS to acquire the distillers dried grain (DDG) marketing business of CSC. The transaction has been approved by the boards of both companies and is scheduled to become effective in the coming week. Steve Markham and...

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Mergers & Acquisitions

CounterPath Closes Acquisition of NewHeights

Company to expand its VoIP product suite to accelerate its growth strategy VANCOUVER, Aug. 2 -- CounterPath Solutions, Inc. (OTCBB: CTPS), a leading provider of multimedia VoIP (Voice over Internet Protocol) softphones and SIP applications, announced today that it has closed its acquisition of NewHeights Software Corp., a developer of IP communication software for enterprise customers....

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Mergers & Acquisitions

Federal Signal to Acquire PIPS Technology

Tightens strategic focus: expands public safety and security solutions portfolio and considers strategic alternatives for tooling business OAK BROOK, Ill., Aug. 6 -- Federal Signal Corporation (NYSE:FSS), a leader in advancing security and well-being, today announced the acquisition of PIPS Technology, a privately-held developer and manufacturer of automatic license plate recognition (ALPR)...

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Mergers & Acquisitions

Garmin® Signs Letter of Intent to Acquire Italian Distributor

CAYMAN ISLANDS, Aug. 3 / -- Garmin Ltd. announced today that it has signed a letter of intent for the proposed acquisition of Synergy S.p.A. ( Synergy") the distributor of Garmin's consumer products in Italy. The completion of the acquisition is subject to the negotiation and execution of a definitive acquisition agreement, the completion of legal and financial due diligence and customary closing...

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Mergers & Acquisitions

Inovis Acquires Freeway Commerce to Accelerate European Expansion and Growth

Acquisition increases Inovis presence by 300%, builds on 75% Managed Services growth in 2006 ATLANTA and LONDON, Aug. 1 -- Inovis, a leading provider of on-demand business community management solutions, today announced that it has acquired 100 percent of the share capital of Freeway Commerce, Ltd, specialists in EDI and electronic trading systems based in Preston, England. Together, the...

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Mergers & Acquisitions

Managed Health Care Associates and Diamond Castle Announce Acquisition of MHA

FLORHAM PARK, N.J., Aug. 1 / -- Managed Health Care Associates, Inc. (MHA), the nation's largest alternate site GPO, and Diamond Castle Holdings LLC, a leading private equity firm based in New York City, announced today that Diamond Castle has partnered with the MHA management team to acquire MHA. The entire MHA executive management team will continue on in their current roles with the company....

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Mergers & Acquisitions

Manatron Acquires Sigma Systems Technology

Over 25 clients, representing more than 3.5 million parcels Extensive 'subject matter expertise,' including regression and modeling Annual revenues of $1.1 million, of which $450,000 is recurring KALAMAZOO, Mich., Aug. 1 / -- Manatron, Inc. (NASDAQ:MANA) the nation's leading provider of property tax solutions for state and local governments, announced that it has acquired substantially all of the...

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Mergers & Acquisitions

Astec Industries, Inc. Acquires Peterson, Inc., Manufacturer of Environmental, Wood, Construction Debris and Waste Product Processing Equipment

CHATTANOOGA, Tenn., July 31 /-- Astec Industries, Inc. (NASDAQ:ASTE) finalized today the previously announced purchase of Peterson, Inc. ( Peterson") located in Eugene, Oregon. The final purchase price including closing adjustments was $21,100,000 with the possibility of additional payments of up to $3,000,000 in total based on Peterson's 2008 and 2009 financial results. The Company also paid off...

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