Acquisitions in Texas in 2015

symplr, a Houston-based SaaS provider of healthcare compliance and credentialing solutions, completed a recapitalization led by Pamlico Capital alongside existing investors including The CapStreet Group. The investment will provide capital to expand symplr's solution portfolio and support organic and acquisitive growth; terms were not disclosed.

Cvent, Inc. (NYSE: CVT), a leading cloud-based event management platform, acquired Alliance Tech, an Austin-based event technology solutions provider, in a transaction that closed on November 2, 2015. Carter Morse & Mathias served as Alliance Tech's exclusive financial advisor; the acquisition expands Cvent's event technology capabilities in check-in/badging, attendance tracking, lead retrieval and event analytics.

IBM announced on November 3, 2015 that it has acquired Austin-based cloud software developer Gravitant. Gravitant’s cloud brokerage and hybrid-cloud management technology will be integrated into IBM Global Technology Services and offered as a SaaS capability to strengthen IBM’s hybrid cloud and cloud-brokerage offerings.

Cyber Risk Management, LLC (CRM), a Tampa-based data risk management firm, has acquired ANRC, a San Antonio-based cybersecurity training, consulting, and solutions provider. The acquisition expands CRM's service offering to include ANRC's hands-on training programs and security products for government and private enterprise clients.

Memphis-based Archer Malmo has acquired Austin-based digital marketing agency Tocquigny and will rebrand the Austin office as Archer Malmo. The deal expands Archer Malmo’s geographic footprint into Austin and adds digital, web and mobile capabilities; Tocquigny leaders Yvonne Tocquigny and Tom Fornoff will continue to lead the Austin office.

Marsh & McLennan Agency LLC (MMA) has acquired Dallas-based MHBT Inc., one of the nation's largest independent insurance brokers. MHBT’s 350 employees and five Texas offices will join MMA and the acquisition will serve as MMA’s Southwest regional hub to expand its presence and capabilities in the region.

Kian Capital Partners and OFS Capital recapitalized Riveron Consulting, with 7 Mile Advisors acting as financial advisor to Riveron. The investment is intended to strengthen Riveron’s leadership with middle-market and private equity clients and accelerate the firm’s continued growth and capability expansion in transaction and financial advisory services.

Pursuant, a full-service fundraising agency, has acquired Texas-based fundraising automation software company 2DIALOG, effective March 1, 2015. Pursuant intends to invest in and integrate 2DIALOG's donor discovery, upgrade solutions and multichannel fundraising tools to expand its technology-enabled services for nonprofit clients.

ALTIVIA has signed a definitive agreement to acquire the Specialty Phosgene Derivatives business and related assets from Axiall Corporation, including the La Porte, Texas chemical production facility. The transaction transfers roughly 120 facility employees to ALTIVIA and is intended to expand ALTIVIA's manufacturing capabilities and global competitiveness in specialty phosgene-derived products used in agricultural, pharmaceutical and industrial applications.

Evolve IP, a unified cloud services provider, has acquired Webcore Technologies, a managed services provider headquartered in Austin, Texas. The acquisition expands Evolve IP's national footprint and adds on-site and remote IT management, consulting, and complementary cloud capabilities such as virtual data centers, disaster recovery, and security to Evolve IP's OneCloud platform.

PCX Aerostructures, LLC acquired Cam‑Tech Manufacturing, LP on December 23, 2014; Cam‑Tech will operate as a wholly owned subsidiary with Roger Hagger remaining as Vice President. The add-on expands PCX’s precision machining and integrated assembly capabilities for commercial and military aerospace (and power generation) customers; senior debt was provided by First National Bank of Pennsylvania, The PrivateBank, and First Niagara Bank.

Onex Corporation has completed its investment in Advanced Integration Technology (AIT), a provider of automation and tooling, maintenance services and aircraft components to the aerospace industry. The deal is the first investment from Onex Partners IV and expands Onex’s exposure to aerospace manufacturing and automation capabilities.