Acquisitions in Georgia in 2018

OpenText has acquired Liaison Technologies to integrate Liaison's ALLOY cloud-based integration and data management platform into the OpenText Cloud Platform, extending the OpenText Business Network. The deal expands OpenText's application-to-application (A2A) integration and analytics capabilities and strengthens its presence in healthcare, life sciences and automotive verticals.

JenCap Holdings LLC has agreed to acquire Risk Innovations LLC, a specialty wholesale insurance broker focused on workers' compensation based in Atlanta, Georgia. The acquisition adds to JenCap's specialty insurance distribution platform (formed with backing from The Carlyle Group) and is intended to expand Risk Innovations' programs, markets and capabilities nationwide; financial terms were not disclosed.

Harwood Capital’s portfolio company Curtis Gilmour has merged with Pelsis Ltd., a portfolio company of LDC, combining complementary pest-control product lines and global distribution footprints. The consolidated group will be led by Pelsis Group CEO Peter Mangion and continue to operate from existing U.S. and European facilities; financial terms were not disclosed.

Caltius Structured Capital provided subordinated debt, preferred equity and common equity to support a management buyout of Adrenaline, LLC from NewGround International, co-investing alongside Adrenaline’s senior management team. Adrenaline, an Atlanta-based experience-design and brand strategy firm serving banks, credit unions and retail clients, completed the transaction to secure liquidity and support growth and independence.

ABEO Group has acquired Fun Spot Manufacturing LLC, a Hartwell, Georgia-based designer and manufacturer of equipment for amusement and trampoline parks. The acquisition is intended to strengthen ABEO's footprint in North America and expand its capabilities in the growing "Sportainment" market.

Deluxe Corporation's WAUSAU Financial Systems acquired the remittance processing business of First Data Corporation for $93 million in cash. The acquisition integrates remittance processing, image-capture software and related treasury management capabilities into Deluxe Financial Services' Treasury Management Solutions to enhance efficiency and funds availability for financial institutions and corporate clients.

Vietnam-based IT services leader FPT Software has acquired a majority stake in Intellinet, a U.S.-based management consulting and technology services firm, in a deal advised on the sell-side by 7 Mile Advisors. The transaction brings roughly 150 Intellinet consultants into FPT’s organization and expands FPT’s footprint and delivery capabilities across the United States.

AdvancedMD, a Marlin Equity Partners–owned cloud EHR and practice management provider, has acquired Marietta, Georgia–based NueMD (Nuesoft Technologies). The deal increases AdvancedMD's North American footprint by 27%, expanding its client base to roughly 11,000 medical practices and 33,000 practitioners, and brings NueMD's clearinghouse and medical-billing capabilities into the AdvancedMD platform.

Hardwoods Distribution Inc., via its U.S. subsidiary Rugby Holdings LLC, purchased certain distribution assets of Atlanta Hardwood Corporation for US$3.7 million. The acquired operations — including Hardwoods of Atlanta, Hardwoods of North Georgia and Hardwoods of Alabama — will be consolidated into Hardwoods’ existing Atlanta and Suwanee facilities and operate under HDI’s Rugby brand, adding about US$13 million of annual sales.

ncgCARE, a national network of behavioral healthcare providers, has acquired Grace Harbour, an outpatient behavioral health provider based in Peachtree City, Georgia. The deal expands ncgCARE's provider network into Georgia and brings Grace Harbour's seven office locations and evidence-based outpatient services under the ncgCARE umbrella.

Serent Capital has acquired USATestprep, Inc., a K-12 edtech provider of standards-aligned curriculum resources and test-prep solutions based in Kennesaw, Georgia. The platform serves nearly 2 million students annually and Serent — a lower‑middle market private equity firm — will back the company's next phase of growth.

An affiliate of Ares Management together with Freeman Spogli & Co. agreed to purchase Floor and Decor Outlets of America from an investor group that included Najeti Ventures, Saugatuck Capital Company and TWJ Capital. The Atlanta-headquartered flooring retailer operates roughly 25 warehouse-style stores across 15 U.S. metro markets and sells to homeowners and professional contractors via stores and its website.

Deloitte acquired the assets of ATADATA, an Atlanta-based provider of the ATAsphere cloud management and automation platform, to expand its cloud migration and management capabilities. ATADATA founders and senior executives joined Deloitte to continue developing the platform and integrate its capabilities into Deloitte’s cloud services.

Dessert Holdings, a holding company formed by private equity firm Gryphon Investors, has acquired Atlanta Cheesecake Company (ACC), a Kennesaw, Georgia-based manufacturer of frozen desserts and cheesecakes. The acquisition brings ACC into Dessert Holdings' portfolio (which includes The Original Cakerie and Lawler's Desserts) to expand product offerings and distribution into retail grocery and foodservice channels across North America.

Fire & Life Safety America, Inc. (a portfolio company of Blue Point Capital Partners) has acquired Integrated Fire Protection, LLC, a Norcross, Georgia-based provider of fire and life safety inspection, maintenance, repair and installation services. Bravaldo Capital Advisors advised the seller; the deal expands FLSA's footprint and service capabilities in the greater Atlanta / southeastern U.S. market.