Divestitures in 2017

Phoenix Brands LLC acquired Colgate-Palmolive Co.'s North American heavy‑duty laundry detergent brands (including Fab, Dynamo, Arctic Power, ABC, Cold Power and Fresh Start) and the U.S./Canada/Puerto Rico license for Ajax laundry detergents. The sale closed in 2006 and was part of Colgate‑Palmolive's decision to deemphasize detergents and focus on higher‑margin oral, personal and pet care businesses.

Chongqing Boao Industry Co., Ltd acquired FER, the automotive lighting business of Truck‑Lite Co., LLC. FER, based in Eisenach, Germany with over 400 employees, supplies interior and exterior lighting to European OEMs; the deal represents Boao's expansion into European automotive lighting capabilities and markets.

Everyday Health Professional, a subsidiary of j2 Global, acquired Health eCareers from DHI Group, Inc. for approximately $15 million in cash. The transaction closed on December 4, 2017; DHI said it will use the proceeds to reduce debt and focus on its core technology-focused talent businesses.

West Corporation acquired ECaTS, the Emergency Call Tracking System division (a SaaS provider of 9-1-1 network traffic monitoring and call reporting) from the seller parties. The acquisition expands West's Government Solutions capabilities within its Safety Services segment by adding ECaTS' real-time analytics and BI platform for PSAPs and public-safety agencies across the United States.

The AMES Companies, a subsidiary of Griffon Corporation, has acquired Harper Brush Works, a division of Horizon Global, for approximately $5 million. The deal adds brooms, brushes and other cleaning tools to AMES' long-handled tool portfolio and is expected to contribute roughly $10 million in annualized revenue.

Watertown, Conn.-based ShelterLogic Corporation acquired the Outdoor Products Division of Transom Bravo Holdings Corp. (Bravo Sports), a divestiture by Bravo Sports to focus its Action Sports business. The Outdoor Division, maker of shade canopies, outdoor chairs and related accessories under brands such as QuikShade and Shade Tech, will complement ShelterLogic’s existing shelter and canopy product lines.

Wilson Logistics Inc., a family-owned trucking and logistics company based in Springfield, Missouri, purchased the assets of Haney Truck Line, adding 400 tractors, 1,200 trailers and terminals in Spokane, Yakima and Tumwater, Washington; Boise, Idaho; and Portland, Oregon. The seller was Evergreen Pacific Partners; the acquisition expands Wilson's geographic presence in the Pacific Northwest and adds heavy-haul and specialized flatbed freight capabilities.

Simmons Bank has sold its property and casualty (P&C) insurance business to Sunstar Insurance Group LLC. The deal transfers Simmons' P&C accounts to Memphis-based Sunstar, expanding Sunstar's footprint in Arkansas and Tennessee while Simmons retains life, health and employee benefits services within its wealth management business.

Haun Welding Supply, Inc., a 4th-generation welding supply company based in Syracuse, acquired the Albany division of family-owned Cryo Weld, Inc. The deal expands Haun's footprint across the Northeast and transfers the Albany operations to Haun while Cryo Weld continues independently under family ownership with remaining offices in Poughkeepsie and Lake Katrine, N.Y.

MedExpress has acquired Linc Care, a small chain of outpatient/urgent-care clinics operated by Catholic Health Initiatives, expanding MedExpress’s neighborhood medical presence in Lincoln, Nebraska. The deal was completed with advisory involvement from a 7 Mile banker who executed the transaction while at another firm.

RiceBran Technologies sold its contract manufacturing and packaging subsidiary, Healthy Natural, Inc., to an affiliate of Rosewood Private Investments for $18.3 million. RiceBran said it will use proceeds to eliminate $12.5 million of senior and subordinated debt, cover transaction costs and increase liquidity as it refocuses on its core ingredients business to drive shareholder value.

Emerald Transformer, a division of Versatile Processing Group (an Insight Equity portfolio company), acquired the Transformer Services group of Clean Harbors. The deal — terms undisclosed — adds five facilities and expands Emerald Transformer’s national footprint and capabilities in transformer repair, equipment recycling, PCB disposal and oil processing.

Yamaha Motor Corporation, U.S.A. formed Yamaha Marine Systems Company (YMSC) and YMSC acquired the assets of Kracor, Inc., a Milwaukee-based rotational molding manufacturer. The acquisition expands Yamaha Marine's integrated marine systems capabilities by adding in-house rotational molded parts and integrated fuel tank systems for boat builders and Yamaha's internal business units.

Hub International Limited acquired the assets of Portland-based BCI Group, Inc. and its subsidiary Plus Point Services, Inc. Terms were not disclosed. The acquisition expands Hub’s employee benefits, retirement and life insurance capabilities and strengthens its presence in Oregon and southwestern Washington.

Fastenal Company signed an agreement to acquire certain assets of Manufacturer's Supply Company (Mansco), a Hudsonville, Michigan-based fastener and industrial supply distributor. The asset purchase gives Fastenal entry into Mansco's strong commercial furniture OEM end market and expands Fastenal's distribution and inventory-management capabilities across Mansco's Michigan, Alabama and Texas facilities.

Hub International Limited acquired the assets of Denali Alaskan Insurance, LLC, a wholly owned subsidiary of Denali Federal Credit Union. The Anchorage-based property and casualty insurance business will join Hub Northwest, expanding Hub's geographic footprint in Alaska; terms were not disclosed.

Accenture has agreed to acquire the iDefense Security Intelligence Services business from VeriSign to bolster Accenture Security's threat intelligence capabilities. The transaction—terms undisclosed—transfers iDefense’s threat intelligence platform, APIs and expertise into Accenture’s security offerings to enhance threat detection, hunting and incident response for enterprise clients.