acquisition Archives

Textron acquires Mesa-based Able Aerospace

Able Aerospace

Textron Aviation Inc., a Textron Inc. (NYSE: TXT) company, announced Thursday it completed the acquisition of Able Engineering & Component Services Inc. and Able Aerospace Inc., an industry-leading repair and overhaul company. Based in Mesa Able provides component repairs, component exchanges and replacement parts, among other support and service offerings for commercial rotorcraft and fixed-wing… Read More →

OpenTech buys stake in Storage Treasures

Self-Service Technologies, Technology

OpenTech Alliance Inc., a tech provider for the storage industry, acquired a majority stake in Storage Treasures LLC, an online self-storage auction platform. As a part of the investment, OpenTech signed a long-term management agreement to operate the related websites, hire all employees and expand the brand into new markets. Financial terms of the transaction… Read More →

Cassidy Turley acquisition completed Jan. 5

Cassidy Turley

DTZ, a global leader in commercial real estate services, announced Jan. 5 that Cassidy Turley and DTZ are now operating as a single global firm following the completion of the acquisition of Cassidy Turley by the private equity investment consortium backed by TPG Capital, PAG Asia Capital and Ontario Teachers’ Pension Plan. The consortium acquired DTZ… Read More →

Fortis boosts power with Acquisition of UNS Energy


Fortis Inc. completed its acquisition of UNS Energy Corporation, adding UNS Energy subsidiaries Tucson Electric Power (TEP) and UniSource Energy Services (UES) to its growing international family of electric and gas utility companies. TEP and UES will remain headquartered in Tucson under local control with current management and staffing levels and no planned changes to… Read More →

Microchip Completes Acquisition of Supertex

Steve Sanghi, president and CEO of Microchip.

Microchip Technology Incorporated and Supertex, Inc. announced that Microchip has completed its previously announced acquisition of Supertex following approval of the transaction by Supertex shareholders at Supertex’s special meeting of shareholders held today. Approximately 98.4% of the Supertex shares that voted were voted in favor of the merger in which Supertex shareholders will receive $33.00… Read More →

Avnet, Inc. Acquires The Assets Of Nexicore Services

nexicore services electronic repair
by in Economy | Tech

Avnet, Inc. announced that it has completed its acquisition of substantially all of the operating assets of Hartford Computer Group, Inc. and its subsidiary Nexicore Services LLC (“Nexicore”) through a Section 363 sale process in the U.S. Bankruptcy Court in Chicago. Nexicore Services, which generated revenue of approximately US$85 million in the 2011 calendar year,… Read More →