Acquisitions in North Carolina in 2018

Boston-based private equity firm WestView Capital Partners has acquired Bell and Howell, a Durham, North Carolina-based provider of technology-enabled mechatronic and service solutions, from Versa Capital Management (with co-investor Access Value Investors). The sale follows a multi-year repositioning by Versa that transformed Bell and Howell from a legacy mailing systems supplier into a profitable business focused on retail click-and-collect, packaging automation, factory intelligence and service solutions.

Calvert Street Capital Partners has completed the acquisition of Zebra Environmental & Industrial Services and named Bill Hunter as President and CEO. Founded in 2005 by David and Amy Tedder, Zebra is a regional provider of environmental, industrial, and emergency response solutions across the southeastern United States; Calvert Street plans to support Zebra's growth and expand its multidisciplinary service offering.

Staffing 360 Solutions (Nasdaq: STAF) acquired Key Resources, Inc., a Greensboro, North Carolina-based staffing firm specializing in distribution and supply chain personnel. The acquisition expands Staffing 360's commercial staffing presence in the Carolinas and is expected to add approximately $35 million of annual revenue to the company.

Temprano Techvestors has completed the acquisition of Charlotte-based Corporate Armor, a reseller of security, wireless and data storage products. The deal adds sales channels and product breadth to Temprano's portfolio of security-focused technology companies and is intended to accelerate growth while maintaining Corporate Armor's existing customer relationships and brand partnerships.

Spire Capital has acquired Dynamic Quest, a Greensboro, North Carolina-based managed services provider (MSP) that delivers recurring managed IT, cloud hosting, security, backup and disaster recovery services to small and mid-size businesses. The transaction, facilitated by IT ExchangeNet, brings Dynamic Quest into Spire’s technology-enabled business services portfolio to support growth and scale.

Cold Spring Brewing Company, a Brynwood Partners portfolio company, has acquired 100% of the stock of Carolina Beverage Group, LLC from SunTx Capital Partners and other selling shareholders. The combined business, to be named Carolina Beverage Group and headquartered in the Charlotte, North Carolina area, creates one of the largest independently owned contract manufacturers in the beverage sector and expands Brynwood's manufacturing footprint and capabilities.

ASSA ABLOY has acquired Concept Frames, Inc., a Newton, North Carolina-based manufacturer of custom-made steel doors and frames. The deal — adding Concept Frames' manufacturing capability, customer relationships in the U.S. Southeast and about 68 employees — strengthens ASSA ABLOY's leadership in the door and frame category in North America.

LongWater Opportunities, via its LWO Fund II, has acquired Kalisher, a creator, curator, and manufacturer of art serving the commercial hospitality sector with additional healthcare and corporate clients. The acquisition will leverage Kalisher's print studio and production capabilities in North Carolina to expand its market reach and drive further growth under LongWater's operational guidance.