Soul Community Planet Acquires Albion River Inn (to be SCP Mendocino Coast Lodge)

Soul Community Planet Acquires Laguna Riviera Beach Resort

October 5, 2021

Restaurants & Hospitality

Soul Community Planet (SCP) has acquired the 41-room Laguna Riviera Beach Resort in Laguna Beach, California — its first expansion into California and sixth hotel overall. SCP plans a multi-million-dollar renovation and repositioning, rebranding the property as SCP Laguna Beach and incorporating the company's vegetarian, net-zero-waste and wellness-focused programs.

ShipCalm Acquires River Source Logistics

July 2, 2024

Transportation

ShipCalm, an e-commerce operations platform and third-party logistics provider, has acquired River Source Logistics to expand its fulfillment capacity and third-party logistics capabilities. The deal more than doubles ShipCalm’s customer base, adds substantially larger warehouse capacity (including Los Angeles and Indiana footprints), and will enable cost savings and improved West Coast scale for ShipCalm’s customers.

Avenir Hospitality Acquires Cannon Beach Hotel Collection

January 19, 2022

Restaurants & Hospitality

Avenir Hospitality has acquired the Cannon Beach Hotel Collection, a portfolio of four boutique hotels in Cannon Beach, Oregon. Avenir has partnered with New York-based Life House to manage the properties as the firm's first entry into the Pacific Northwest.

Black Lake Capital Acquires Spinnaker SCA (SCApath and Spinnaker SCS)

April 8, 2021

Logistics & Distribution

Black Lake Capital acquired Spinnaker SCA — the merged business formed from SCApath (Boulder, CO) and Spinnaker SCS (Houston, TX) — with financing provided by Source Capital. The combined firm provides end-to-end supply chain strategy, planning and execution services, and Black Lake said the acquisition will accelerate growth in omni-channel commerce and supply chain technology solutions.

Northrim BanCorp Acquires Sallyport Commercial Finance, LLC

October 31, 2024

Financial Services

Northrim BanCorp, Inc. completed an all-cash acquisition of Sallyport Commercial Finance, LLC on October 31, 2024 for approximately $53.9 million. Sallyport — a Houston/Sugar Land-based specialty finance firm focused on factoring, asset-based lending and alternative working capital for SMEs — will operate as a wholly-owned subsidiary and its executive management will remain in place; Northrim expects the deal to be ~15% earnings accretive to 2025 results.

Cobalt Wine Logistics (Alba Wheels Up) Acquires North Coast Logistics, Inc.

March 18, 2025

Transportation

Alba Wheels Up’s Cobalt Wine Logistics business unit, backed by private equity sponsor Southfield Capital, has acquired North Coast Logistics, Inc., a Petaluma-based wine consolidation and distribution specialist. The add-on expands Cobalt/Alba’s domestic over-the-road transportation and distribution capabilities, integrating NCL into Cobalt’s Napa warehousing and international logistics platform.