DALLAS: Rise Run Capital’s portfolio company House of Outdoors Inc. (HOO) has acquired LYN Fishing, a news release said. LYN creates high quality fishing line for a variety of angling styles, methods and environments. “As HOO’s portfolio continues to grow, we are committed to investing in businesses and providing a platform to continue to nurture…
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Mill Point Capital’s affiliate acquires Reel Telecommunications
DEERFIELD BEACH: Reel Telecommunications, a communications construction services firm, has been acquired by Full Circle Fiber Partners, an affiliate of Mill Point Capital. Reel will continue to operate independently under its new name, Reel Broadband LLC. Reel is a fast-growing business that will continue to expand its leadership in telecommunications infrastructure services within the Full…
ViacomCBS Networks to acquire Chilevisión from WarnerMedia
NEW YORK: ViacomCBS Networks International (VCNI) has agreed to acquire Chilevisión from WarnerMedia, a division of AT&T. Through the transaction, VCNI further expands its footprint in Latin America and bolsters its streaming business with a new premium content library and pipeline to fuel the increasing demand for Spanish language content across platforms including Paramount+ and…
EMCOR Group acquires Dallas Mechanical Group LLC
NORWALK: EMCOR Group Inc. has completed its acquisition of Dallas Mechanical Group LLC (DMG), a leading full-service provider of mechanical construction and maintenance services, headquartered in Dallas, TX. DMG will be part of EMCOR’s Building Services segment. DMG provides single-source, energy-efficient installation, maintenance, and repair services for a wide range of heating, cooling, and ventilation…
Akoya appoints Frederic Pla as Chief Operating Officer
MARLBOROUGH: Akoya Biosciences Inc. announced the appointment of Frederic Pla, PhD, as Chief Operating Officer. Dr. Pla will play a key role in preparing the company as it scales to serve the needs of discovery and clinical researchers adopting spatial biology. Dr. Pla joins Akoya with deep scientific and operational experience and a record of…
Franklin Wireless investigating battery issues
SAN DIEGO: Franklin Wireless Corp., a market leader in broadband data communications, has been notified of reports of battery issues in some of its wireless hotspot devices. The company is working with its battery and device manufacturing partners and carrier customer to determine the cause and extent of the problem. Franklin Wireless Corp. (FKWL) is…
Vilvi Groupo acquires 70% stake in SIA Baltic Dairy Board
VILNIUS: AB Vilkyškių Pieninė, which belongs Vilvi Group, has completed the procurement of 70% of the qualifying holding of SIA Baltic Dairy Board. SIA Baltic Dairy Board is a Latvian company, specialising in producing and selling high value-added dairy ingredients, and milk and whey separation. According to preliminary and unaudited data, SIA Baltic Dairy Board…
TechnipFMC and Bombora to jointly develop a floating wave and wind power project
HOUSTON: TechnipFMC and Bombora, a leading wave energy technology company, have formed a strategic partnership to develop a floating wave and wind power project in support of a more sustainable future, a news release said. The relationship brings together TechnipFMC’s unique technologies and experience delivering complex integrated Engineering, Procurement, Construction and Installation (iEPCI) projects offshore…
Sensata Technologies acquires Xirgo Technologies for $400 million
SWINDON: Sensata Technologies has completed the previously announced acquisition of leading telematics and data insight provider, Xirgo Technologies Intermediate Holdings LLC for $400 million. Sensata completed the acquisition of 100% of the shares from private equity firm HKW and other shareholders following receipt of regulatory approval from all authorities required by the agreement. The acquisition…
Wipro to acquire Ampion
MELBOURNE: Wipro Limited has signed an agreement to acquire Ampion, an Australia-based provider of cyber security, DevOps and quality engineering services. Ampion was formed through the merger of IT services providers ‘Revolution IT’ and ‘Shelde’. Revolution IT was an IT services company in Australia founded in 2004 and Shelde was a digital IT security company…
FCPT acquires Starbucks property for $2.3 million
MILL VALLEY: Four Corners Property Trust (FCPT) announced the acquisition of a corporate-operated Starbucks property for $2.3 million. The property is located in a highly trafficked corridor in Alabama and is occupied under a long term, net lease. The transaction was priced at a going-in cash capitalization rate in range with FCPT’s previous investments. FCPT,…
Spectrio acquires Enplug
TAMPA: Spectrio has acquired Enplug, a digital signage company based in Culver City, California. The acquisition enhances Spectrio’s robust digital communications platforms, adding enterprise-level management features to meet the needs of global organizations, as well as expanding integrations to enhance the customization of brand communications. Enplug’s plug-and-play digital signage solution features an intuitive online content…