November 2021
Happy November a month best known for Thanksgiving (US) but is packed with an abundance of special days to celebrate like Diwali, Veterans Day and the start of Hanukkah.
As you prepare for the holidays, consider the following resources in your pursuit of an acquisition. Contact us if and when we can be of help. In the meantime, please find a selection of resources below to support your efforts.
FUND SPOTLIGHT. Selection of Topics of interest to Red Forest Capital funds.
Financial Considerations Unique to Acquiring a Software Company
Subscription Businesses Are Booming. Here’s How to Value Them
Proposal to Expand Data Reporting in the Small Business Lending
M&A SPOTLIGHT. Selection of M&A Updates
DEAL SPOTLIGHT. Selection of Deals of interest to Red Forest Capital funds.
Agrify Corp Acquired Precision Extraction Solutions For $50MM
Goldman Sachs Asset Management And Charlesbank Capital Partners Acquire MDVIP Primary Care Network
Cuadrilla Acquired Agilence, Provider of a Retail Data Management
EY Acquires CMA Consulting, provider of Digital Infrastructure Services
Labster To Acquire World’s First VR Training Platform For Nursing
MARKETING TIPS & TRICKS
Marketing to increase retention and engagement (Attn Search Funds!!)
RIVER GUIDES. If you havent already, consider RFCs River Guide and Referral Program materials with specific attention toward the TEMPLATE Red Forest Capital Referral Agreement which includes a progressive compensation schedule based upon the contribution of a River Guide. If the River Guide has a FINRA license, either a fixed or variable fee can be used. If the individual does not have a FINRA license, a one time exception given by FINRAs “No Action Letter” for Payment to an Unregistered Person.
IDEAS
The Build Back Better Plan now awaits approval in the Senate. In summary, the plan isn’t just focused on physical infrastructure. Over $1B is dedicated to education and $280M to increase availability of affordable broadband in underserved areas.
Another feature of the Build Back Better Plan is 'paid family leave’ which is very relevant to the 300,000 women opted out of the workforce, indicating childcare and care for aging family members as being primary issues.
HouseCall Pro helps plumbers and other service companies go digital
No-Code Platforms Can Bring AI to Small and Midsize Businesses
LIGHTER FARE
Millennials: Thanks Invite to Golf, But You Can’t Invest My Money
Gates Foundation will spend $2.1 B on gender-equality in next five years
Yale School of Drama will be tuition-free thanks to David Geffen
Miso Robotics unveils Flippy, with innovation partner White Castle
“Windows were never on the table.” Charlie Munger’s UCSB dorm project
How a central bank digital currency might work
Managing Remote Teams tools and tactics
M&A, PRIVATE EQUITY & INDUSTRY UPDATES
AEROSPACE & DEFENSE
AGRICULTURE & FOOD
Rubens Technologies is taking fruit quality testing to the next level
4X4 Capital Acquires Active Nutrition Division Of The Bountiful Company
Indigo Ag acquires Soil Metrics to boost carbon MRV capabilities
Tasmania’s Lark Distilling To Acquire Pontville Distillery And Estate
AUTOMOTIVE
B2B & SUPPORT SERVICES
BUSINESS AND MANAGEMENT CONSULTING
Allant Group Acquires Vektor, A CX-Focused Digital Consultancy
Mercer Advisors Acquired Lake Point Advisory Group For $700MM
CONSUMER
EDUCATION
SchoolStatus Acquires Operoo, provider of Analytics, Communications, And Workflow
ENERGY
Altus Power Acquires 9.9 Mw Of Solar Power Generation Assets
Convergent Energy + Power Acquires 20 Mwh Battery Energy Storage
Crestwood Equity Partners Acquired Oasis Midstream Partners For $1.8B
Electric Power Acquires High Voltage Apparatus Repair And Testing Co.
Searchlight Capital Partners to Acquire Integrated Power Services (IPS)
ENGINEERING & SCIENTIFIC SERVICES
ENVIRONMENT & RELATED
Alliance Environmental Group Acquires Thermatech Northwest Inc
Ara Partners Acquires Fluitron Hydrogen Infrastructure Solutions
Flock Reclamation Technologies USA Acquires DFW Refrigerant Services
New Water Capital Acquires HMI Solutions Provider, Nelson-Miller
Northwest Pipe Company Acquired ParkUSA Producer Of Water And Wastewater Control Systems
FINANCE & INSURANCE
Stablecoins: The Fabric of a New Global Payments Infrastructure
Arthur J. Gallagher & Co. Acquires Briat Insurance, Edelweiss Gallagher Insurance Brokers Limited, Manchester Underwriting Agencies Limited, Matt Jensen Insurance Brokers Limited, River Valley Capital Insurance, Seacoast Underwriters, The Vandyke Group and W.P. Dolle
Brookfield Business Partners Acquired Scientific Games - The Lottery Business For $6050MM
CBOE To Acquire Erisx, Digital Asset, Derivatives And Clearing Platform
Coda Payments Acquires Mobile Esports Tournament Platform Baash
White Glove Acquires Gainfully, Provider of Enterprise Financial Services
Hilb Group Acquires D.F. Dwyer & Associates, Forrest Insurance Agency, Bolsters Property And Casualty Offerings and Gerardi Insurance Services
Hub International Acquires Eaton-Provident, H.W. Hollinger, Jerry Baird Insurance Agency And Baird, Rogersworks, Safe Harbour Group, Silverman Financial and Verity Insurance Services
Steward Partners Acquired O'Hare Wealth Management For $420MM
Telecoms Company Orange To Acquire Groupama’s Online Banking Unit
GOVERNMENT, CIVIC & SOCIAL ORGANIZATIONS
HEALTH CARE M&A
Could AI reduce healthcare waste? Online retailers could provide clues
Chenmed Acquires Tidewater Community Practice To Serve More Seniors
Clearlake Capital Group Acquired Transunion Healthcare For $1700MM
Etao To Acquire Dnurse, A Provider of Technology for Diabetes Care
Fact-Finder Acquires Real-Time Ai-Personalization Vendor Loop54
Genesis Biotechnology Acquires Bioblocks, a Drug Discovery Company
Globant Acquires Atix Labs, Provider of Blockchain Related Solutions
ICV Partners Announces Sale Of Outpatient Imaging Affiliates
Integrated Rehab Consultants Acquries National Health Rehabilitation
LHC Group Finalizes Home Health, Hospice Acquisitions In Virginia
Meriplex Acquires Healthcare Managed Services Provider, Reliable IT
Prime Matter Labs Acquires Cosmetic Development Laboratories
Schweiger Dermatology To Acquire Warmuth Institute Of Dermatology
Spark Ortho Acquires Cumberland Pediatric Dentistry & Orthodontics
HOSPITALITY, TRAVEL & TOURISM
INDUSTRIALS & MANUFACTURING
Adler Industrial Solutions Acquires Yasda Machining Center & Shorts Tool
Armstrong Acquires Leslie Controls Industrial Valve And Heater Lines
Concentric Acquired Engineered Machined Products For $146.44MM
Delta Electronics Capital Acquired March Networks For $114MM
Fenner Acquires Conveyor Belt Manufacturer, Lumsden Corporation
Fero To Acquire AVL Manufacturing, An Assembly Facilities Provider
RHP Properties To Acquire Pennsylvania Manufactured Home Community
Seacole Specialty Chemical Acquires Phyton And S.T. Biologicals
Synthomer Acquired Eastman’s Adhesive Resins Unit For $1000MM
Luminii Acquires Precision Lighting And Remote Controlled Lighting
United Safety Acquires Fireboy-Xintex From W.S. Darley & Co.
MARKETING & ADVERTISING
Boats Group Acquires Boot24, A Marine Classifieds Marketplace
Dotdash Acquired Meredith Corporation’s Media Group For $2.7B
Liveone Acquires Artist Development Company, Gramophone Media
Talkwalker Acquires Discover.Ai To Boost Its Professional Services
MEDIA & ENTERTAINMENT
2021Q3 Education M&A from Berkey Noyes
Byron Allen’s Allen Media Group Acquires Streaming Service Hbcugo.Tv
CDW Corporation Acquired Sirius Computer Solutions For $2.5B
Cox Acquires Segra’s Commercial Enterprise And Carrier Business
Scientific Games Acquires Cashless Gaming Solution, Acs Playon
MINING & NATURAL RESOURCES
REAL ESTATE & RELATED
2020 Acquires Fenetech, An Window & Door Design And Manufacturer
Ashcroft Capital To Acquire Halston Four Corners And World Gateway Apartments
Barings & Vision Real Estate Partners Acquire Melanie Lane Industrial
Coldwell Banker To Acquire Manhattan Real Estate Brand Warburg Realty
RETAIL, TRADE & WHOLESALE
Branded Acquires Puracy Household Cleaning And Personal Care Brand
Ethnic E-Grocer Weee! To Acquire Online Asian Food Company Ricepo
TECHNOLOGY
Dataminr Is Acquiring Krizo, A Real-Time Crisis Response Platform
Greenhouse Acquires Interseller To Add Sourcing To Greenhouse CRM
Insightsoftware Acquires Exago, an Embedded Analytics Platform
Osteocentric Technologies Acquired The Integrity-Si Fusion System
Promob Software Solutions Acquires Focco Management Solutions
TELECOMMUNICATIONS
TRANSPORTATION & LOGISTICS
Aeropost Acquires Click Partners Aeropost Acquires Pricesmart, Package Forwarding And Marketplace Businesses
General Logistics Acquired Mid-Nite Sun Transportation For $288MM
VETERINARY
WASTE MANAGEMENT & RECYCLING
Advantage Metals Recycling (Amr) Acquires Grossman Iron And Steel
Burrtec Waste Industries Acquires Garbage Service, Kern Refuse Disposal, Lamont Sanitation, Metropolitan Recycling Corp, Mountainside Disposal, Price Disposal, Superior Sanitation Service, Varner & Son
LRS Acquires GFL Environmental, Orion Waste Solutions, Ramco-Alternative Waste Management, Waste Recycling Solutions
Trademark Metals Recycling Acquires Garden Street Iron & Metal