Acquisitions in Florida in 2018

AN Global, a Dallas-based digital transformation firm, has acquired 4th Source, a Tampa-headquartered IT services and nearshore delivery company. The deal expands AN Global’s U.S. footprint and augments its healthcare, analytics, cloud, and application development capabilities to accelerate growth across healthcare, retail and financial services clients.

Graham Construction Corp. has acquired Walker Design and Construction, a Boca Raton-based design-build general contractor that has served south and central Florida for over 40 years. The acquisition expands Graham's footprint into Florida and adds Walker's capabilities in pre-engineered metal buildings and specialized aluminum fabrication/erection.

CPS Performance Materials, a platform created and backed by Arsenal Capital Partners, has acquired FAR Chemical from Edgewater Capital Partners. The add-on acquisition expands CPS's specialty chemistry and cGMP manufacturing capabilities, broadening product offerings and end-market reach into pharmaceuticals, composites/CASE, electronics and personal care; terms were not disclosed.

Swiss consumer goods company The Hero Group has sold its U.S. decoration business, Signature Brands, to investors Traub Capital. The divestment allows Hero to focus on core categories such as baby food and healthy snacks; financial terms were not disclosed.

Malibu Boats, Inc. has acquired the assets of Pursuit Boats from S2 Yachts, Inc., adding a leader in the saltwater outboard fishing boat market to Malibu's portfolio. Angle Advisors acted as exclusive advisor to S2 on the divestiture; the Slikkers family will retain ownership of Tiara Yachts under the S2 umbrella.

Baldwin Krystyn Sherman Partners (BKS-Partners), an insurance brokerage and risk management firm based in Tampa, Florida, has partnered with Montoya & Associates of Jacksonville, Florida. Montoya's advisors will continue to provide wealth management under the Montoya name (in conjunction with Kestra), while employee benefits, private risk management, commercial risk and retirement plan services will operate under the BKS-Partners platform.

Sonas Home Health Care, a portfolio company of Boyne Capital, has acquired Advanced Nursing Solutions, a Tampa-based pediatric home-care provider. The deal expands Sonas's pediatric home-health footprint in Florida and strengthens its position among the state's largest pediatric home-care providers.

MidOcean Partners has acquired Florida Food Products (FFP), a leading manufacturer of natural and clean-label food ingredients, from Kainos Capital. The private equity firm intends to use its industry expertise and operating resources to drive FFP's continued growth, product expansion, and strategic initiatives across existing and new end markets.

Funds managed by Crestview Partners, together with members of Protect My Car's management team, completed the acquisition of Protect My Car from a private investor group. Craig Rubino will remain CEO and join the company's board; financial terms were not disclosed. The deal positions Crestview to scale Protect My Car’s vehicle service contract and extended-warranty business.

Softvision LLC has acquired Arrow Digital, a West Palm Beach-based digital consulting firm with ~160 technologists, to strengthen Softvision's robotic process automation (RPA) capabilities and Financial Services expertise. 7 Mile Advisors served as exclusive sell-side advisor; Tower Arch Capital is identified as the lead investor in Softvision.

NexPhase Capital has recapitalized Gulf Coast Pain Institute (GCPI); Brown Gibbons Lang & Company served as exclusive financial advisor. The investment launches a national interventional pain management platform called Clearway Pain Solutions Institute that will pursue acquisitions and organic growth across the U.S.; GCPI (founded 2013) operates 11 locations in northwest Florida and offers interventional and non-interventional pain management plus ancillary services.

REPAY (Realtime Electronic Payments), an Atlanta-based payments technology and processing company, has acquired PayMaxx Pro, an electronic payments provider serving the automotive industry. The acquisition expands REPAY's footprint in automotive payments, broadens its software integration capabilities, and brings PayMaxx Pro leadership (including Megan Bussie and Jon Leedom) and customers onto REPAY's platform.