Acquisitions in Texas in 2016

Niteo Products, a portfolio company of Highlander Partners, acquired certain assets of AP Formulators (APF), a South Houston-based formulator of car wash chemicals, effective September 30. APF operations will continue at the South Houston facility, with founder Alan Palermo joining Niteo and remaining a significant equity holder; the deal is Niteo's first add-on under Highlander to expand its automotive appearance and car wash product offerings.

Ignite Marketing Analytics, an affiliate of Ignite Technologies and part of the ESW Capital family, has acquired ThinkVine, a provider of cross-channel marketing attribution and optimization technology and services. The deal brings ThinkVine's analytics and advisory capabilities into Ignite's MarTech portfolio to expand capabilities and scale the product and customer-success programs under Ignite's platform.

Sonus Networks (Nasdaq: SONS) acquired Taqua, LLC in an all-cash transaction that closed on September 26, 2016. The acquisition adds Taqua's virtualized mobile core (VMC), IMS service core and Class 5 softswitch products to Sonus' portfolio to accelerate its mobile strategy and expand fixed-line offerings for service provider customers.

Dexter, a subsidiary of DexKo Global, Inc., has acquired Quality / Century Holdings Corporation (doing business as Rockwell American), a manufacturer and distributor of trailer components based in Azle, Texas. The deal brings Rockwell American’s ~400 employees, five manufacturing sites and 16 distribution branches into the Dexter/DexKo platform, expanding product breadth and aftermarket distribution for trailer components.

Tillery Capital, a family‑office structured private investment firm, completed a recapitalization of Electromedical Products International, Inc. (EPI), the maker of the Alpha‑Stim medical device, with the transaction closing June 30, 2016. EPI, headquartered in Mineral Wells, Texas, manufactures and sells the Alpha‑Stim device worldwide through independent representatives and distributors and markets to the U.S. Department of Defense and Veterans Affairs.

Tenth and Blake Beer Company, the craft division of MillerCoors, has acquired Granbury-based Revolver Brewing. Revolver will remain a separate business unit with existing management and employees and will leverage Tenth and Blake's resources to expand the Revolver brand across Texas; terms were not disclosed.

Jerdon Style, a portfolio company of Hall Capital, acquired 4Knines, a maker of fabric-based protective liners and vehicle seat covers; earlier in the year Jerdon Style also acquired Telegraph Hill Bathrobes. The transactions expand Jerdon Style’s consumer product offerings into automotive/pet accessories and high-end bathrobes, creating synergies with Hall Capital’s automotive parts distribution assets.

Wincove Private Holdings, together with Bluff Manufacturing management, acquired Bluff Manufacturing, a Fort Worth-based maker of yard ramps, dock boards and warehouse safety equipment, from Hadley Capital. Cleary Gull acted as exclusive financial advisor to Bluff Manufacturing on the transaction; Wincove said it plans to support Bluff’s growth both organically and through acquisitions.

Riomar Capital acquired HousingWire in a recapitalization announced May 4, 2016. The investment positions Riomar to expand HousingWire’s media, audience, data and analytics capabilities across the mortgage and related B2B markets while key founders remain in advisory and leadership roles.

Inverness Graham, a private investment firm based in Newtown Square, Pennsylvania, has acquired Kalkomey Enterprises, Inc. and its complementary online hunter-education business, Outdoor Roadmap LLC. Kalkomey — a Dallas-based provider of online recreational safety education and state certification management SaaS — is the first platform investment from Inverness Graham III; Twin Brook Capital provided debt financing and terms were not disclosed.

Alert Logic has acquired Austin-based Click Security to bolster its cloud security analytics, threat detection and incident analysis capabilities. Alert Logic plans to integrate Click Security's employees and technology into its Cloud Defender Security-as-a-Service platform to enhance detection and managed security offerings.

Mortgage Contracting Services (MCS), a Plano, Texas–based provider of property preservation, inspections, REO maintenance and valuations, has acquired Austin-based EPIC Real Estate Solutions. The acquisition expands MCS's service offering to include title insurance, escrow and closing services, loan document signing and flood certifications, and combines EPIC's valuations products with MCS Valuations.

PineBridge Structured Capital completed a recapitalization of Riveron Consulting, with 7 Mile Advisors serving as financial advisor to Riveron. The structured, non-control investment is intended to accelerate Riveron’s growth and expand its footprint and capabilities serving middle-market companies and private equity clients.

Summit Sports has acquired Austin Canoe & Kayak, an omnichannel specialty retailer of kayaks, camping and outdoor adventure gear. Cascadia Capital served as exclusive financial advisor to Austin Canoe & Kayak; the deal expands Summit's portfolio and provides a counter-seasonal retail capability to balance its primarily winter-sports offering.

FireEye acquired cyber threat intelligence firm iSIGHT Partners in a deal valued at up to $275 million, paying approximately $200 million in cash with up to $75 million in performance-based incentives. The acquisition (closed January 14, 2016) adds subscription-based intelligence capabilities and personnel (roughly 350 staff) to FireEye to expand its threat intelligence offerings and create cross-sell opportunities across industry verticals and government customers.

The Riverside Company has entered a strategic investment partnership with Kasasa (formerly Kasasa by BancVue), taking a minority/partnership stake while Kasasa’s leadership and management remain significant owners. Riverside will support Kasasa’s continued growth and expansion as the fintech and marketing services provider rebrands to Kasasa and seeks to scale its products for community banks and credit unions.