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SeaWest WindPower, Inc. has been acquired by AES Corporation
Project

SeaWest WindPower, Inc. has been acquired by AES Corporation

The Selling Company: SeaWest WindPower is a leading developer of utility scale wind energy projects, primarily in the western United States. The company has developed over $1.2 billion in completed projects, comprised of over 3,300 turbines. Why the company was sold: The principals were nearing retirement age and no longer willing to risk the huge...

Red Dirt Rentals, Inc. has been acquired by Rix Energy, LLC
Project

Red Dirt Rentals, Inc. has been acquired by Rix Energy, LLC

The Selling Company: Red Dirt Rentals, Inc. originally began as an equipment rental company to E&P companies in Texas and Pennsylvania. The company evolved into torque and testing, as well as isolation tool rental and services. Why the company was sold: The selling company saw tremendous growth potential in its service offering and needed additional...

Valtech Services, Inc. has sold 100% of its assets to Cornerstone Staffing Solutions, Inc.
Project

Valtech Services, Inc. has sold 100% of its assets to Cornerstone Staffing Solutions, Inc.

The Selling Company: Valtech Services, Inc. is a premier provider of contract staffing solutions, project, and managed staffing services to emerging, mid-sized, and Fortune 500 and Fortune 100 information technology (IT) organizations nationwide. With a 19-year operating history, the company serves multiple vertical industries and some of the largest global corporations with high-demand technology consultants....

MatrixOneSource has been acquired by GPB PEO Holdings, LLC
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MatrixOneSource has been acquired by GPB PEO Holdings, LLC

The Selling Company: MatrixOneSource, based in Jacksonville, Florida, is a premier provider of professional employer organization (PEO) services with minimal administrative service organization (ASO) services to small and mid-sized diverse businesses throughout the state of Florida. The company serves approximately 700 clients who employ more than 7,000 worksite employees and offers a broad array of...

Padoma Wind Power, LLC has been acquired by NRG Energy, Inc.
Project

Padoma Wind Power, LLC has been acquired by NRG Energy, Inc.

The Selling Company: Padoma Wind Power, LLC had been in business approximately three years, and was owned by three principals and one minor shareholder. All of the shareholders had excellent credentials and industry experience, having developed and completed over 40 utility-scale wind energy projects in their careers. Due to the stop and go nature of...

Onstream Pipeline Inspection Ltd. has received a strategic investment from Novacap
Project

Onstream Pipeline Inspection Ltd. has received a strategic investment from Novacap

The private shareholders of Capital Alliance Corp. client Onstream Pipeline Inspection Ltd. (Onstream), based in Alberta, Canada, recapitalized the company with the participation of private equity group NOVACAP, based in Quebec, Canada. The transaction achieved the exit of several existing majority shareholders while at the same time enabling the management team/minority shareholders to prepare for...

Hason Steel Inc. has acquired Odom Industries, Inc.
Project

Hason Steel Inc. has acquired Odom Industries, Inc.

The Selling Company: Odom Industries, Inc. is a provider of specialized custom formed segmental heads and the manufacturer of large, heavy and complex process equipment utilized by the petrochemical, power generation and oil and gas industries. Why the company was sold: Long lead times, capital constraints and growing business demand placed significant restrictions on the...

Modernfold, Inc. has been acquired by DORMA Group, North America
Project

Modernfold, Inc. has been acquired by DORMA Group, North America

The Selling Company: Modernfold, Inc. designs, manufactures, and sells moveable wall systems typically used in hotels, convention centers, and other commercial buildings. With a 75-year history, this company is the second largest manufacturer in the world of such products with annual sales exceeding $40 million per year. Why the company was sold: The company’s primary...