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 […]
HUNTSVILLE, AL – Raptor Scientific, a provider of test and measurement instrumentation, announced the acquisition of Huntsville, Alabama-based MEDTHERM Corporation. MEDTHERM is a provider of heat flux sensors, infrared radiometers, and thermocouples for mission-critical applications in the Aerospace, Defense, Space, and Industrial markets. The acquisition of MEDTHERM represents a significant milestone for Raptor Scientific, as […]
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, […]
HUNTSVILLE, AL – Summit 7, a leading local provider of cybersecurity and compliance services for the Defense Industrial Base, announced the acquisition of CSW Systems. This acquisition will further enable Summit 7 to provide services regarding Classified initiatives in the Department of Defense (DoD) and Intelligence Community (IC) supply chains. This strategic acquisition solidifies Summit 7’s position as a […]
UES, a national leading engineering and consulting company, has acquired GEO Solutions, a full-service geotechnical engineering, environmental consulting, and materials testing company headquartered in Huntsville, Alabama. Founded in 2003 by Brian Cook and William Kennard, P.E., the GEO Solutions team has completed thousands of projects throughout the southeast in both the private and public sectors. “We’re […]
HUNTSVILLE, AL – Leap Partners, a home services company with HVAC and plumbing businesses across the Southeast, continues to expand in the Alabama and Kentucky markets through its new acquisitions of A1 Heating & Air Conditioning based in Huntsville, Ala., and Engineered Heating and Air based in Lexington, Ky. “I could not think of a […]
HUNTSVILLE, AL – Mauldin & Jenkins announced that it will acquire Huntsville’s MDG Professional Group, P.C. (MDG), a full-service accounting firm in Huntsville, Alabama. Effective January 1, 2023, the transaction further expands Mauldin & Jenkins’ presence in the North Alabama region and represents the second acquisition in the Huntsville area for the rapidly growing firm […]
In May 2022, United Community Bank, Inc. (United) announced the acquisition of Progress Financial Corporation (Progress) in an all-stock transaction with an aggregate value of approximately $271.5 million. As of last week, United announced that the merger was completed. In this transaction, Progress’s bank subsidiary, Progress Bank and Trust, was merged into United’s bank subsidiary, […]
Defense Contractor L3Harris announced in a joint statement on Sunday that the company intends to acquire propulsion expert Aerojet Rocketdyne in a deal valued at $4.7 billion if approved by the Federal Trade Commission (FTC). L3Harris is optimistic the FTC won’t seek to block the acquisition like it did earlier this year when Lockheed Martin […]
JLL Capital Markets announced today that it has closed the sale of Whitesburg Center, a 49,821-square-foot retail center with significant value-add potential located in Huntsville, Alabama. JLL marketed the property on behalf of the seller, Baker Storey McDonald Properties. Last Mile Investments acquired the asset. Built in 1990 and renovated in 2002, the center offers both national and regional […]
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