Halo Partners Acquires W.O. Grubb

Worthington Enterprises Acquires 80% Stake in HALO Products Group

February 1, 2024

Consumer Products

Worthington Enterprises has acquired an 80% ownership stake in an affiliate of HALO Products Group, adding HALO-branded pizza ovens, pellet grills, griddles and accessories to its consumer/outdoor-living portfolio. HALO is based in Elizabethtown, Kentucky, employs about 25 people and generated approximately $7 million in revenue in 2023; the deal is intended to expand Worthington's presence in the outdoor living segment and leverage its ecommerce, marketing and retail relationships to grow the HALO brand.

HUB International Acquires Assets of GRP Financial California

December 14, 2021

Wealth Management

HUB International Limited has acquired the assets of GRP Financial California, LLC; terms were not disclosed. The San Clemente-based retirement plan consulting team (which managed roughly $3.4 billion in assets as of September 30, 2021) will join Hub California, strengthening HUB's retirement capabilities and presence in California.

GrubMarket Acquires Brothers Produce

July 8, 2024

Food & Beverage

GrubMarket has completed the acquisition of Houston-based Brothers Produce, a major foodservice distributor operating three distribution centers across Texas and serving more than 6,000 customers across the Southwestern U.S. Brothers Produce's temperature-controlled warehousing and fleet of refrigerated vehicles will be integrated with GrubMarket's AI-powered WholesaleWare ERP and logistics platform to expand GrubMarket's footprint and capabilities in Texas and the surrounding region.

Construction Partners Acquires Hubbard Paving & Grading

October 2, 2023

Construction

Construction Partners, Inc. (NASDAQ: ROAD) has acquired Hubbard Paving & Grading, Inc., a Walhalla, South Carolina-based paving and grading contractor. The deal adds a hot-mix asphalt plant and related operations to CPI's South Carolina platform King Asphalt, Inc., expanding CPI's service footprint in the Upstate/Greenville metro region.

Wonder Acquires Grubhub from Just Eat Takeaway.com

November 13, 2024

Restaurants & Hospitality

Wonder, the delivery-first food hall and mealtime platform founded by Marc Lore, will acquire Grubhub from Just Eat Takeaway.com for an enterprise value of $650 million (including $500 million of senior notes and $150 million cash). The acquisition will integrate Grubhub’s large marketplace and logistics network into Wonder’s app to accelerate Wonder’s ‘super app for mealtime’ strategy; the deal is expected to close in Q1 2025 and Jefferies served as Wonder’s financial advisor.

UES Acquires Grubbs, Hoskyn, Barton & Wyatt

April 11, 2023

Engineering Services

UES, a national engineering and consulting firm headquartered in Orlando, Florida, has acquired Grubbs, Hoskyn, Barton & Wyatt, a Little Rock, Arkansas-based geotechnical engineering and construction materials testing firm. The transaction expands UES's geotechnical capabilities and regional presence in the southern Midwest, with the acquired firm's leadership remaining to operate day-to-day.