Shyft Global Services (TD SYNNEX) Acquires Cokeva, Inc.

The Shyft Group Acquires Independent Truck Upfitters

August 2, 2024

Automotive

The Shyft Group, a publicly traded specialty vehicle manufacturer, acquired Independent Truck Upfitters (ITU), a Midwest-based service body and work truck upfitter operating locations in Iowa, Michigan, and Missouri. The acquisition expands Shyft's specialty vehicle product portfolio and upfitting capabilities, enabling entry into larger-class vehicle upfits and broader service offerings for utility, construction, and fleet customers.

The Shyft Group Acquires XL Fleet

January 4, 2023

Automotive

The Shyft Group, Inc. completed the acquisition of XL Fleet, integrating XL Fleet technical talent, equipment and a 24,655-square-foot Wixom, Michigan technology center into Shyft’s EV-focused Blue Arc business. The acquisition includes assuming a short-term lease on the Wixom facility and supporting completion of a Department of Defense pilot development agreement to advance fleet electrification and drivetrain technology.

Aebi Schmidt Holding AG Acquires The Shyft Group

July 1, 2025

Manufacturing

Aebi Schmidt Holding AG completed a merger of an indirect wholly owned Aebi Schmidt subsidiary with and into The Shyft Group on July 1, 2025, creating the combined company now operating as Aebi Schmidt Group. The all‑stock transaction (Shyft shares exchanged for ~1.04 shares of the combined company) will result in the combined company trading on NASDAQ and reports $1.9 billion pro forma revenue for 2024; Shyft common stock has been delisted.

Global Healthcare Exchange (GHX) Acquires Syft

February 28, 2022

Healthcare Services

Global Healthcare Exchange (GHX) has acquired Tampa, Florida–based Syft, a provider of AI-enhanced inventory control and end-to-end supply chain management software and services. Syft will operate as a wholly owned subsidiary within GHX’s value-based care division to strengthen GHX’s automation, data analytics and inventory management capabilities for health systems.

The Clarke Companies Acquires Covex, LLC

January 9, 2020

Professional Services

The Clarke Companies, backed by Lightview Capital, has acquired Covex, LLC to integrate enterprise IT validation and compliance capabilities with Clarke's manufacturing automation and validation services. The add-on expands Clarke's geographic footprint into the Northeast and Southeast and strengthens its ability to serve FDA‑regulated life sciences customers.

Givex Acquires Kalex Equipment Services

January 21, 2022

IT Services

Givex (TSX: GIVX) has signed a definitive agreement to acquire all shares of Kalex Equipment Services, a Toronto-based IT service and consulting firm that specializes in retail and hospitality point-of-sale installation, repair and field services. The deal, which is expected to close the week of Jan. 24, 2022, will expand Givex’s installation and service capabilities across Canada and create cross-sell opportunities for its omnichannel POS and payments platform.