Marco Group International and APE Companies join forces

Marco Group International and APE Companies have merged companies creating a top North American distributor of surface preparation, abrasives and safety products with 24 locations throughout the U.S. and Canada. The merger of Marco Group International and APE Companies is a major step forward for both companies and will allow the combined company to better […]

Private equity is back: How to do a management buyout

We have seen a solid trending of private equity financings and interests from private equity firms that began in 2010. Both private equities, as well as the debt markets to finance a management-led buyout, are on solid footing today. This article will walk a potential management team through the basic steps of performing a management-led […]

Energy Transfer, SemGroup successfully complete merger

Energy Transfer LP and SemGroup Corp. have completed their previously announced merger, which resulted in the acquisition of Tulsa-based SemGroup by Dallas-based Energy Transfer. As a result of the merger, Energy Transfer issued approximately 57.6 million of its common units to SemGroup stockholders. The combined operations of the two companies are expected to generate annual […]

Total Safety acquires Pacific Coast Tool

Total Safety recently acquired Pacific Coast Tool (Pac Coast) to expand its distribution offerings to power utility customers. Pac Coast is based in Southern California and serves utility and industrial customers with supplies, tools and safety products. Pac Coast will operate and be integrated under Total Safety’s specialty distribution business unit, which operates under the […]

RefComm® revs up offerings with new parent company

Refining Community and Coking.com, which produce the RefComm® refinery training, conference and exhibition event, have been acquired by global metals, mining and fertilizer powerhouse CRU. The organization will operate under the name RefComm and continue to offer industry-leading training and field services in the delayed coking and fluid catalytic cracking sectors, while also producing the […]

Business debt: Minimize risks, maximize opportunities

Businesses have increased borrowing levels to the point where debt outstanding for nonfinancial businesses was over $15 trillion as of September 2018, according to Deloitte. Businesses borrow for a number of reasons: to buy assets such as equipment and real estate, to acquire other businesses, to support working capital, to expand into new segments and […]

Arcosa, Inc. to acquire Cherry Companies

Arcosa, Inc., a provider of infrastructure-related products and solutions, has reached a definitive agreement to acquire Cherry Industries, Inc. and affiliated entities for $298 million. Cherry is a leading producer of natural and recycled aggregates in the Houston, Texas market. For the twelve-month period ended September 30, 2019, Cherry had revenues of approximately$176 million and […]

Parsley Energy acquires Jagged Peak Energy in all-stock transaction

Parsley Energy Inc. and Jagged Peak Energy Inc. have entered into a definitive merger agreement under which Parsley will acquire Jagged Peak in an all-stock transaction valued at approximately $2.27 billion, including Jagged Peak’s net debt of approximately $625 million. Under the terms of the agreement, Jagged Peak shareholders will receive a fixed exchange ratio […]