Acquisitions in Florida in 2017

Trinity Hunt Partners, a Dallas-based private equity firm, acquired a majority interest in IMS ExpertServices, a Pensacola-based provider of expert witness search and placement services. The deal is a recapitalization intended to accelerate IMS's growth; senior debt was provided by Freeport Financial and company founders Bill Wein and Ted Gorder will remain as shareholders and management.

Cboe Global Markets acquired the assets of Silexx Financial Systems, a Sarasota, Florida-based developer of a multi-asset order and execution management system (OEMS). The acquisition is intended to expand Cboe's multi-asset trading, data and analytics capabilities and provide customers with an additional OEMS channel and access to more global markets.

SNC-Lavalin, through its Atkins subsidiary, has acquired Data Transfer Solutions, LLC (DTS), a provider of enterprise asset management and GIS-based decision-support software (VUEWorks). The acquisition gives Atkins a cloud-based EAM platform and geospatial capabilities to expand its infrastructure and asset-management service offerings to government, utilities and commercial clients.

Ingersoll-Rand plc has agreed to acquire GPSi Holdings, LLC from Falconhead Capital, LLC to strengthen its telematics and connected technologies portfolio. GPSi, a Sarasota, Florida–based provider of cloud-based telematics and fleet management solutions serving markets such as education, golf and resorts, will expand Ingersoll-Rand's digital connectivity offerings for mobile assets.

ExlService Holdings, Inc. (EXL) acquired Tampa-based care management firm Health Integrated, Inc. in a transaction announced October 2017. The deal expands EXL's healthcare operations and analytics capabilities by adding Health Integrated's technology- and analytics-enabled care management, utilization and disease management services (which serve Medicaid, Medicare and dual-eligible populations).

Lindsay Goldberg has completed a recapitalization of Women's Care Florida, a Tampa-based multi-specialty women's health physician group. Hyde Park Capital served as exclusive investment banker for the transaction; the partnership aims to support WCF's growth and pursue broader geographic expansion and capability development.

CapitalSpring partnered with the management team of FSC Franchise Co., LLC to recapitalize the franchisor of Beef ‘O’ Brady’s and The Brass Tap. The transaction provides capital and aligns management ownership to support growth and expansion of the company’s restaurant and bar brands.

Constellation Brands, Inc. acquired Florida craft brewer Funky Buddha Brewery in a transaction that closed on August 9, 2017. Funky Buddha, founded in Boca Raton and operating a large production brewery and taproom in Oakland Park, Florida, was advised by Farlie Turner Gilbert while the founders transitioned ownership to Constellation to expand the brewer's reach through Constellation's distribution and brand platform.

Yamaha Motor Corporation, U.S.A. announced the acquisition of Bennett Marine, Inc., a Florida-based manufacturer of hydraulic and electric trim tab systems. Bennett Marine will be integrated into Yamaha's newly created subsidiary, Yamaha Marine Systems Company, Inc., to broaden Yamaha's marine product offerings and improve systems integration for boat builders and dealers.

Neutral Connect Networks (NCN), backed by M/C Partners, has acquired DAS Communications and 5 Bars to create a national neutral-host wireless infrastructure operator. M/C Partners committed up to $30 million to fund NCN's expansion; terms of the all-cash transactions were not disclosed.

Riverchase Dermatology, a portfolio company of GTCR, has acquired Bowes Dermatology, a Miami-based medical and cosmetic dermatology practice founded by Dr. Leyda Bowes. Dinan Capital Advisors served as exclusive financial advisor to Bowes and its shareholders in the transaction, which expands Riverchase's clinical footprint and capabilities in Florida.

Primoris Services Corporation has acquired Florida Gas Contractors, Inc., a Dade City, Florida-based utility contractor specializing in underground natural gas infrastructure. The acquisition expands Primoris' Utilities and Distribution footprint into central Florida and the Southeast; Hyde Park Capital served as exclusive investment banker to FGC and worked with the company's principals on the transaction.

Rosser Capital Partners, a Greenwich-based investment firm, has acquired Skillets, Inc., an upscale breakfast and lunch restaurant operator based in Naples, Florida. The transaction transfers ownership from founder Ross Edlund to RCP as part of RCP's continued expansion in the restaurant and consumer sectors.

SpecialtyCare has acquired Trident Health Resources, a Dunedin, Florida-based perfusion services provider. The acquisition brings Trident's perfusion staffing and clinical management capabilities into SpecialtyCare's portfolio to expand clinical services and support hospital cardiac surgery programs.

Seeman Holtz Property & Casualty, Inc., headquartered in Boca Raton, Florida, has acquired Dave Cutright Insurance Agency of Vero Beach, Florida. The acquisition expands Seeman Holtz's presence in the Treasure Coast region and adds the agency's personal and commercial insurance client base to its platform.

Cyber Risk Management, LLC (CRM), a Tampa-based data risk management services firm, has acquired Sunera, a risk-based cybersecurity and governance/regulatory compliance consulting firm. The acquisition adds Sunera’s ~150 employees and 17-market footprint across the U.S. and Canada to CRM’s capabilities and expands CRM’s technology risk and compliance services for mid-to-large enterprises and government clients.