Akima to acquire Huntsville’s Pinnacle Solutions

Akima, LLC, a premier provider of products and services to federal agencies, today announced that it has entered into a definitive agreement to acquire Pinnacle Solutions, Inc. (Pinnacle), a leading provider of innovative training and sustainment products and services to defense customers around the globe. Leveraging a highly skilled workforce, Pinnacle provides aviation operations and […]

Yulista Acquires StraitSys

HUNTSVILLE, AL – Yulista, a global leader in rapid response aerospace and defense solutions, announced recently that it has acquired StraitSys, a provider of Big Data Analytics, Information Technology Services, Counter-Insider Threat, Cybersecurity, and Program Management. Founded in 2007, StraitSys is a Certified Woman Owned Small Business with offices in metropolitan Washington, DC, and Huntsville, AL. […]

BAE Systems to deliver advanced ballistic missile seekers

HUNTSVILLE, AL – BAE Systems has received a contract from Lockheed Martin to design and manufacture next-generation infrared seeker technology for the Terminal High Altitude Area Defense (THAAD) interceptor missile. The THAAD seeker provides critical sensing and guidance capabilities that help protect the U.S. and global allies from ballistic missiles.  “THAAD is a highly effective […]

334 unit Huntsville apartments acquired by Nashville firm

HUNTSVILLE, AL – Freeman Webb Company of Nashville, Tennessee, a full-service real estate investment and management firm, recently took over Gravity at 255 Apartment Homes in the Huntsville area from Lurin Capital with the transition facilitated by Craig Hey and Andrew Brown with Cushman & Wakefield. The 334-unit apartment complex is Freeman Webb’s seventh property […]

U.S. Orthopaedic Partners Adds to Alabama Expansion; Acquires Huntsville’s SportsMED

HUNTSVILLE –  U.S. Orthopaedic Partners (USOP), the rapidly-expanding network for private orthopaedic practices in the Southeastern United States, announces the acquisition of  SportsMED Orthopedic Surgery & Spine Center (SportsMED) of Huntsville, Alabama furthering the network’s expansion in the Southeast. SportsMED is the eighth acquisition for USOP, contributing to a platform that now supports 89 physicians across 34 locations in Alabama and Mississippi. […]

United Community Bank Acquires Huntsville’s Progress Bank

After 14 successful years of banking within and around the Huntsville community, Progress Financial Corporation announced this morning that the company was officially acquired by United Community Bank.  This merger agreement, where United will acquire Progress, was executed in an all-stock transaction with an aggregate value of approximately $271.5 million, or $23.52 per share of […]

CommentSold Acquires Social Retail Success (SRS) Advanced Business Analytics Suite

Huntsville-based CommentSold, the leading digital commerce solution that enables retail businesses to unlock sales growth through live and social selling, announced this week that it has acquired Social Retail Success (SRS).  According to Brandon Kruse, Founder and CEO of CommentSold, this acquisition will provide the company’s partners with advanced analytics that will help accelerate their […]

RadioBro Corporation Announces Merger With TEC

Born in Huntsville, aerospace electronics company RadioBro has announced that it has been acquired by Knoxville-based Technology for Energy Corporation (TEC). RadioBro president and co-founder Mark Becnel will be stepping into the role of Chief Technology Officer with TEC. “We’re excited to be a part of the growing TEC team,” said Mark Becnel, CEO of […]

Historic Country Club Apartments Sold to Houston-Based Truepoint Capital

For many in Southeast Huntsville, Country Club Apartments has been home or home to someone we know. Whether it be renting an apartment while a house is being built or restarting one’s life post-divorce, Country Club has provided a country retreat atmosphere for many.  After being in the Averbuch family for over 60 years, the […]

OneWater Marine Inc. Enters Final Stages in Acquisition of Huntsville’s T-H Marine Inc.

OneWater Marine Inc. announced yesterday that the company has entered into the final stages of negotiation over the acquisition of Huntsville based T-H Marine for $185 million.  For OneWater, the acquisition represents more than just increasing profits.  “We believe T-H Marine represents a strong, natural fit with our service, parts & other sales business and […]