AFL Acquires Forza Telecom (DGP)

AFL Acquires Majority Stake in ITC Service Group

May 27, 2019

Telecommunications

AFL (a Fujikura subsidiary) has purchased a majority stake in ITC Service Group, a Sacramento-based provider of fiber optic network services, outside plant, wireless and workforce solutions. ITC will continue operating under its name with roughly 600 employees; affiliates of Moorgate Capital Partners and Tim Sauer will remain shareholders and Jim Rush was named ITC president.

Alares (Grain Management-backed) Acquires Azza Telecom

October 2, 2024

Telecommunications

Alares, a Grain Management‑backed telecommunications operator headquartered in São Paulo, has completed the acquisition of Azza Telecom, expanding Alares' presence across the state of São Paulo and adding Azza's ~132,000 subscribers and ~630 employees. The deal makes Alares one of the largest ISPs in Brazil and the fourth largest in the state of São Paulo; integration will focus on network, systems, stores and accelerating B2B offerings.

Digital Force Technologies Acquires Adelos, Inc.

January 11, 2021

Aerospace & Defense

Digital Force Technologies (DFT) acquired Adelos, Inc., a Polson, Montana-based developer of fiber-optic surveillance and sensor systems, from majority owner S&K Technologies. The acquisition brings Adelos's sensor IP and Phosonic system capabilities into DFT's portfolio to expand its advanced sensing and surveillance offerings for defense and national security customers.

UFP Technologies Acquires DAS Medical

December 21, 2021

Medical Devices

UFP Technologies, Inc. (Nasdaq: UFPT) has acquired DAS Medical, Inc., a contract manufacturer of single‑use surgical equipment covers, robotic draping systems and fluid control pouches. The acquisition expands UFP's MedTech capabilities—adding thin film converting and near‑shore manufacturing in the Dominican Republic—and provides additional low‑cost manufacturing options for shared customers.

AFS Logistics Acquires DTA Services Ltd.

March 10, 2022

Logistics & Distribution

AFS Logistics has acquired DTA Services, Ltd., a 102-year-old Toronto-based freight bill audit and pay firm. The acquisition expands AFS's capabilities and footprint in the Canadian market, adding freight audit/pay, LTL, parcel cost management and transportation management services.

JAL Equity Acquires Directional Advertising Solutions (DAS Group)

November 30, 2021

Marketing & Advertising

JAL Equity has acquired Directional Advertising Solutions, Inc. (dba DAS Group), a Weston, Florida-based digital marketing firm, in a transaction that closed on November 30, 2021. DAS Group provides local digital marketing, lead generation and web development services to franchise organizations and multi-location national and regional brands; the sale enabled one partner to retire while the other remains involved.