Southern States boosts assets to $2.3B will acquisition of CBB Bancorp

Southern States Bancshares, Inc. (NASDAQ: SSBK) and CBB Bancorp have officially announced their merger agreement. Under this agreement, Southern States will acquire CBB Bancorp, integrating it into its operations. Following the completion of the merger, Southern States will emerge as the surviving entity, absorbing CBB Bancorp and its subsidiary, Century Bank of Georgia, into its […]

BlueHalo increases annual revenue to $1B with latest national defense acquisition

BlueHalo has announced the acquisition of Eqlipse Technologies (Eqlipse), a provider of differentiated  products and solutions to the Department of Defense (DoD) and Intelligence Community (IC). BlueHalo, a developer of next-generation capabilities for the Space and Military industries, intends to utilize Eqlipse’s technical talent and suite of products to deliver enhanced scale and broader capabilities to […]

Thompson Burton expands to Huntsville; Maples Law joins firm

Thompson Burton has expanded to Huntsville, Alabama, with Maples Law Firm, PC joining the middle Tennessee based firm. The combined firm will have offices in Huntsville, Alabama, and in Nashville and Franklin, Tennessee, and adds commercial litigation and bankruptcy/debtors’ counsel depth via experienced attorneys Stuart M. Maples and Mary Ena Heath. “Ronn Steen, Thompson Burton […]

Huntsville Health System expands Alabama footprint with latest acquisition

Huntsville Hospital Health System announced a plan to acquire the DeKalb Regional Medical Center, a 134-bed hospital in Fort Payne. The Dekalb acquisition will be yet another hospital center integrated into the North Alabama-based health system. The current 11-hospital system includes the Madison Hospital, Athens-Limestone Hospital, the Decatur Morgan Hospital, the Highlands Medical Center, and […]

Construction Partners completes acquisition of Huntsville-based contractor company

Construction Partners, Inc. (CPI) has officially acquired SJ&L General Contractor, LLC, a hot-mix asphalt and sitework company headquartered in Huntsville, Alabama. Fred J. (Jule) Smith, III, CPI’s President and Chief Executive Officer, said the acquisition was a natural step for CPI’s expansion. “A key component of our growth strategy is to actively expand service capabilities […]

Space Race 2.0: Blue Origin, Cerberus, and Textron eyeing North Alabama’s ULA in aerospace power play

Reports from the Wall Street Journal this week suggest that entities such as Blue Origin, led by Jeff Bezos, and private equity firm Cerberus are closing in on a potential deal to acquire United Launch Alliance (ULA), located in Decatur, Alabama. This information unveils a potential shake-up in the aerospace industry for North Alabama. Lockheed […]

New Huntsville company formed after strategic merger agreement

Cover image provided by Marty Sellers of SellersPhoto. Brightstar Capital Partners announced the formation of Astrion, an engineering company focused on delivering products to the U.S. Government’s Civilian, Defense, and Space communities. The new company formed from the merger of Oasis Systems and ERC, which brings more than 60-years of combined experience and proven results. The […]

Yulista finalizes acquisition of DSoft Technology, Engineering & Analysis

HUNTSVILLE, AL – Yulista Holdings, a global leader in rapid response aerospace and defense solutions, announced the successful completion of its acquisition of DSoft Technology, Engineering & Analysis, Inc. This strategic acquisition marks a significant milestone in Yulista’s growth strategy, enhancing its capabilities and expanding its market presence in the technology sector.  Founded in 1998, […]

Tanger promises Huntsville leaders, shoppers that Bridge Street will maintain open-air shopping experience

Huntsville shoppers are still relishing the news of Tanger’s $193.5m acquisition of the Bridge Street Town Centre. Late last week, Tanger officially announced the acquisition of the 825,000‑square-foot open-air shopping center, one of the fastest growing markets currently in the nation. With over 80 retail locations, restaurants, and entertainment venues, the news was a definite […]

Bridgeworth Wealth Management to join forces with Savant Wealth Management

Cover image: Brian Hinson, CFP®, CPA/PFS, ChFC® of Bridgeworth Wealth Management   Nationally recognized Bridgeworth Wealth Management announced plans to join Savant Wealth Management, a fee‐only registered investment advisor (RIA) with nearly $21 billion in assets under management (AUM). Bridgeworth, which has 58 employees and an AUM of approximately $2.2 billion, will mark Savant’s first partnership […]