AGS Automotive Solutions Acquires Motive Products

AGS Automotive Solutions (3 Rivers Capital Portfolio) Acquires BluDot Manufacturing

December 1, 2022

Manufacturing

AGS Automotive Solutions, a portfolio company of private equity firm 3 Rivers Capital, has acquired BluDot Manufacturing, a South Bend, Indiana-based manufacturer of trailer brake systems and hydraulic brake kits. The acquisition is an add-on to AGS's strategy to expand its OEM and aftermarket braking product capabilities and broaden its footprint in the trailer and recreational vehicle markets.

AGS Automotive Solutions Acquires BrakeQuip, LLC

October 27, 2022

Automotive

AGS Automotive Solutions, a portfolio company of private equity firm 3 Rivers Capital, has acquired BrakeQuip LLC, a manufacturer of DIY hose and tube systems for automotive applications. The deal is an add-on acquisition that expands AGS's aftermarket product offering and adds OEM/high-performance customers, engineering capabilities and hose manufacturing expertise.

MOTIVE Acquires DS Energy Solutions

July 1, 2020

Energy

MOTIVE, a design and construction services provider based in Corona, California, acquired the assets, employees and customer contracts of DS Energy Solutions effective July 1, 2020. DS Energy Solutions will continue to operate as a division of MOTIVE, expanding MOTIVE's turnkey solar (design, engineering, construction and installation) capabilities and enabling DS Energy's services to be offered across MOTIVE's existing markets.

Authenticom / Steve Cottrell Acquires Motive Retail

December 6, 2022

Software

Steve Cottrell, founder and CEO of Authenticom, has acquired Motive Retail to combine complementary data-integration products and platforms for the automotive retail ecosystem. The deal brings Motive's API integration capabilities together with Authenticom's DealerVault and data-hygiene offerings to expand capability and service coverage for OEMs, dealerships and software vendors.

Motive Capital Corp Completes Business Combination with Forge Global (Forge Global Holdings, Inc.)

March 22, 2022

Financial Services

Motive Capital Corp, a SPAC sponsored by Motive Partners, completed a business combination with Forge Global, taking the private securities marketplace public under the new name Forge Global Holdings, Inc. The transaction closed March 21, 2022 (shares began trading March 22, 2022) and provided Forge with roughly $215.6 million of gross proceeds to fund growth, accelerate its technology platform and expand its marketplace and data services.

Concentric, LLC (an OnPoint Group Company) Acquires Texas Motive Solutions

November 16, 2022

Industrial Services

Concentric, LLC, an OnPoint Group company and national leader in DC power management, has acquired Texas Motive Solutions, a provider of battery sales and service solutions to forklift dealers across Texas. The acquisition expands Concentric's footprint and capabilities in the Dallas and Houston logistics markets and will merge Texas operations under Evin Sisemore's leadership.