WST Corp Acquires Conversion First Marketing (CFM)

OceanSound Partners Makes Strategic Growth Investment in CFM

January 18, 2022

Software

OceanSound Partners has made a strategic investment in CFM, a Tempe-based software provider that builds branch and teller automation and analytics solutions for banks and credit unions. The capital will support CFM’s product development, partnerships and potential acquisitions while the company continues to be led by CEO John W. Smith.

Astec Industries Acquires CWMF, LLC for $67.5M

January 2, 2026

Manufacturing

Astec Industries, Inc. completed the acquisition of CWMF, LLC for $67.5 million in cash, adding roughly $50 million of annual revenue to Astec's Infrastructure Solutions segment. The purchase is expected to be EPS-accretive, improve gross profit and adjusted EBITDA margins, deliver synergies by the end of year one, and expand Astec's capacity and regional customer relationships in the Midwest, South-Central and Great Lakes regions.

RingCentral Acquires CommunityWFM

September 8, 2025

Cloud & SaaS

RingCentral has acquired CommunityWFM, a cloud-based, AI-first workforce management provider, to integrate advanced WFM capabilities into its RingCX contact center platform. The addition enables RingCentral to offer AI-powered forecasting, scheduling, and real-time adherence as part of RingCX, with the new RingCentral AI Workforce Management available as an add-on starting at $20 per agent per month.

West Lane Capital Partners Acquires Majority Stake in Non‑Foods Marketing Corp.

February 23, 2023

Consumer Products

West Lane Capital Partners has acquired a majority stake in Non‑Foods Marketing Corp. (NFM), a New York‑based national buying service and developer/marketer of general merchandise sold under the Living Concepts brand. Founder Tony Gusta will remain CEO and retain an ownership stake as West Lane partners with the company to expand its customer, product and distribution channels domestically and internationally.

West Lane Capital Partners Acquires Majority Stake in Non-Foods Marketing Corp

October 21, 2020

Retail

West Lane Capital Partners LLC has acquired a majority stake in Non-Foods Marketing Corp. (NFM), a New York–based national buying service and product developer that sells products under the Living Concepts brand. Founder and CEO Tony Gusta will remain an owner and continue as CEO as West Lane plans to expand NFM's customer, product and vendor base and broaden distribution domestically and internationally; terms were not disclosed.

WTWH Media Acquires CFE Media

May 1, 2024

Media & Entertainment

WTWH Media has acquired CFE Media, a B2B media company serving engineers in manufacturing, operational technology, and industrial automation, expanding WTWH's engineering-focused editorial portfolio. The deal, completed after WTWH's partnership with growth investor Mountaingate Capital, adds marquee brands such as Control Engineering and Plant Engineering and strengthens WTWH's audience reach and demand-generation offerings.