Acquisitions in Washington in 2017

Verint Systems Inc. (Nasdaq: VRNT) has acquired all outstanding equity interests in Next IT Corporation and its affiliate Next IT Innovation Labs, LLC for roughly $30 million in cash at closing, plus potential future cash payments. The acquisition adds conversational AI and intelligent virtual assistant capabilities to Verint's cloud self-service and automation portfolio to accelerate its AI-driven customer engagement solutions.

Sprout Social, a Chicago-based provider of social media management and analytics solutions, acquired Seattle-based social analytics firm Simply Measured to expand its analytics and listening capabilities. The purchase integrates Simply Measured’s full-funnel social analytics into Sprout’s platform to broaden product offering for brands and agencies and strengthen Sprout’s market position in social analytics.

StoneCalibre has completed the acquisition of Applied Voice & Speech Technologies, Inc. (AVST) and merged the business into XMedius Solutions Inc. The combination brings together AVST's unified communications software with XMedius's secure file-exchange capabilities to create an integrated enterprise communications offering.

Wilson Logistics Inc., a family-owned trucking and logistics company based in Springfield, Missouri, purchased the assets of Haney Truck Line, adding 400 tractors, 1,200 trailers and terminals in Spokane, Yakima and Tumwater, Washington; Boise, Idaho; and Portland, Oregon. The seller was Evergreen Pacific Partners; the acquisition expands Wilson's geographic presence in the Pacific Northwest and adds heavy-haul and specialized flatbed freight capabilities.

West Coast Tire Pro, Inc. acquired Tires 2 You LLC, a Renton, Washington-based operator of two Big O Tires franchise locations. The deal closed July 19, 2017; financial terms and the selling party were not disclosed. Generational Equity advised Tires 2 You on the sale.

Swisslog Healthcare has acquired Talyst Systems, LLC, a Kirkland, Washington–based provider of pharmacy automation hardware and medication management software, to expand its inpatient and outpatient pharmacy automation offering. The deal integrates Talyst's AutoCarousel, AutoPack and AutoSecure products with Swisslog's transport and analytics capabilities to strengthen Swisslog's position in North America and globally.

OneAccord Capital, via its Solomons Fund, acquired FarWest Fabricators, a metal parts manufacturer headquartered in Moxee, Washington. The deal transfers ownership from the founding Carter family to OneAccord’s fund while retaining Jeff Carter as a shareholder, advisor and board member; OneAccord plans to provide operational resources to drive long-term growth.

Good Vibrations, a long-standing sexual wellness retailer based in San Francisco, has entered into an agreement to acquire Babeland, the queer- and feminist-founded sex-positive retailer headquartered in Seattle. The acquisition, driven in part by the founders' decision to step away, will combine both brands' retail footprints and education programs while keeping both brand identities intact; closing is expected in early August subject to customary conditions.

Accenture has acquired SolutionsIQ, a provider of Agile transformation and coaching services, to bolster its Agile transformation capabilities and help clients accelerate digital delivery and improve customer experience. Financial terms were not disclosed; SolutionsIQ’s team of Agile coaches will join Accenture’s global technology services to expand its New IT offerings.

Tricor Pacific Founders Capital, a Canada-based family investment firm, acquired Totally Chocolate LLC, a Blaine, Washington-based manufacturer of personalized chocolate gifts founded in 1988. The deal represents a platform investment for the family office as it expands its food and consumer packaged goods holdings.

Italian utility Enel (through its North America renewables unit) acquired 100% of U.S.-based Demand Energy Networks, Inc., a developer and operator of energy storage systems and the DEN.OS energy management software, for an undisclosed amount. Enel said the deal will strengthen its position in the battery storage market and allow rapid global scaling of Demand Energy's software and project capabilities across Enel's renewables portfolio.

Merck (Merck KGaA) has acquired BioControl Systems Inc., a Bellevue, Washington-based leader in rapid food safety testing, to strengthen its applied solutions in food pathogen detection. The deal expands Merck's food and beverage offering by adding BioControl's rapid detection assays, validated kits and testing platforms to Merck's instruments and consumables portfolio; financial terms were not disclosed.