Acquisitions in New Jersey in 2015

Arlington Precision Components, a newly formed platform of Rift Valley Equity Partners, has acquired the assets of Arlington Machine and Tool Company. AMT is a precision CNC machining manufacturer based in Fairfield, New Jersey, serving aerospace, defense, semiconductor and healthcare markets; the deal creates a platform to expand capabilities in close-tolerance machined components.

Broadridge Financial Solutions acquired privately-held QED Financial Systems, a provider of investment accounting software, data management and outsourced accounting services for institutional investors and asset managers. The purchase expands Broadridge's front- and back-office capabilities for the asset management industry; terms were not disclosed. QED is based in Marlton, New Jersey and had 47 associates at the time of the announcement.

SP Express acquired TMP Direct, a 130-seat customer contact and fulfillment center in Mount Olive, New Jersey, expanding SP Express' distribution and customer care capabilities. The acquisition increases SP Express' distribution center network to seven locations across the U.S. and Europe and adds inbound/outbound multi-channel customer care services and integrated order fulfillment for its e-commerce clients.

Consolidated Investment Group (CIG) purchased the assets of Sicilian Chefs, Inc. and rebranded the business as Caesar's Pasta, LLC to continue producing frozen Italian pastas, including gluten-free and organic lines. CIG said the acquisition expands its food-and-beverage platform and positions the new portfolio company to pursue growth in national grocery and natural/organic retail channels.

Southfield Capital partnered with Vanguard Dealer Services' management team (led by CEO Jim Polley) to acquire Vanguard Dealer Services, a Fairfield, New Jersey-based administrator of vehicle service contracts and F&I products. Management rolled equity and will continue in operating roles; East West Bank provided senior debt and Fidus Investment Corporation provided subordinated debt.

Black & Veatch acquired RCC Consultants, a Woodbridge, New Jersey–based engineering and consulting firm focused on public safety and private telecommunications networks. The acquisition expands Black & Veatch’s telecom and public safety network engineering, procurement and construction (EPC) capabilities and brings RCC’s consulting and asset management expertise into Black & Veatch’s turnkey design/build offering.

Credit Control, LLC completed the acquisition of Professional Recovery Services, Inc. (PRS) (effective December 1, 2013) and announced full integration of PRS operations under the Credit Control name on July 10, 2015. The acquisition adds PRS's receivables management capabilities and client relationships (notably in healthcare, utilities, financial services and retail) and increases Credit Control's scale and technical capabilities.

Arthur J. Gallagher & Co. (Gallagher) acquired Solid Benefit Guidance (SBG), an employee benefits and pharmacy benefits consulting firm based in Montvale, New Jersey. The acquisition, announced June 5, 2015, expands Gallagher's employee benefit consulting and pharmacy practice capabilities; terms were not disclosed.

McCormick & Company acquired 100% of Brand Aromatics, a Lakewood, New Jersey-based supplier of natural savory flavors, marinades and broth/stock concentrates, for approximately $63 million in cash. The acquisition expands McCormick's industrial flavor capabilities and broadens its value-added product offerings to packaged food companies and restaurants.

AGI Partners LLC made an additional investment in its portfolio company Aura XM as Aura XM merged with Impact Unlimited to launch the new global experiential marketing agency, Impact XM, headquartered in New Jersey. The transaction is intended to expand the combined company's operational, creative and digital engagement capabilities and strengthen its global footprint across event, trade show and activation channels. Terms were not disclosed.

Nexstar Broadcasting Group acquired 100% of Yashi, Inc., a location-focused online video demand-side platform, for $33.0 million in an accretive transaction announced February 2015. The purchase expands and diversifies Nexstar's digital media and programmatic video advertising capabilities, combining Yashi's targeting technology with Nexstar's local sales footprint.