Year: 2021

NYC Jewelry Retailer ItsHot (https://www.itshot.com/) has recently announced that it has acquired online diamond watch pioneer IcedTime.com in a multi-million dollar deal, creating new opportunities to meet changing customer demands. NEW YORK, Dec. 13, 2021 (GLOBE NEWSWIRE) — Leading diamond jewelry store ItsHot.com has recently announced its acquisition of IcedTime.com, a company that has pioneered women’s and men’s diamond watch sales online. This opportunity allows ItsHot to expand its selection of name brand diamond watches from Rolex, Audemars Piguet, Gucci, Cartier, and others. This acquisition comes at a good time for ItsHot as it sets out to revamp its customer experience, especially during the holiday season. Both stores are located in Manhattan’s Diamond District, which is typically advantageous for keeping up with the...

LAKE SUCCESS, N.Y., Dec. 13, 2021 (GLOBE NEWSWIRE) — The Hain Celestial Group, Inc. (Nasdaq: HAIN) (“Hain Celestial,” “Hain” or the “Company”) today announced it has entered into an agreement to acquire That’s How We Roll, the producer and marketer of ParmCrisps® and Thinsters®, two fast-growing, better-for-you brands offering delicious, convenient products that are consumer favorites from Clearlake Capital Group. The acquisition deepens Hain’s position in the snacking category and represents a significant step in establishing Hain as a high-growth, global healthy food company. With the mission to make the world heathier, tastier and a little more fun, ParmCrisps® and Thinsters® are delicious, better-for-you brands composed of simple ingredients that consumers can find in their kitchen. ParmCrisps® are high-protein, low carb cheese...

FAIRFAX, Va., Dec. 13, 2021 (GLOBE NEWSWIRE) — Information Analysis Incorporated (“IAI” or “the Company”) (NASDAQ:IAIC) today announced it has closed the previously announced acquisition of Gray Matters, Inc (“Gray Matters”). The consideration at closing consisted of $7.5 million cash; deferred consideration of $1.5 million; and $1.5 million in IAI stock. The terms also include up to $4.0 million in additional consideration for achieving certain performance metrics in 2022. Gray Matters is a leader in blockchain and encryption algorithm technology and was founded to solve real-world problems through purpose-built innovation in secure Supply Chain Management (SCM) in United States intelligence, national security and diplomatic organizations. In the short time it has been in existence, the company has transformed how blockchain supports...

New York, Dec. 13, 2021 (GLOBE NEWSWIRE) — Excavators Market Overview: According to a comprehensive research report by Market Research Future (MRFR), “Excavators Market Information Report By Types ( Mini/Compact, Crawler/Wheeled), By End User (Contractors, Rental Providers, Others), By Application (Mining, Construction And Utility) And By Region – Forecast to 2030”, the market is poised to grow approximately at 5.57% CAGR during the forecast period (2022-2030). List of the companies profiled in the global Excavators Market research report are –Caterpillar Inc. (US) Hitachi Construction Machinery Co., Ltd. (Japan) Volvo Construction Equipment (Belgium) JCB Ltd. (UK) Sandvik AB (Sweden) Corporation (US) Komatsu Ltd. (Japan) Xuzhou Construction Machinery Group (XCMG – China) Terex and Hyundai Heavy Industries Co.,...

(all amounts are in U.S. dollars except where otherwise indicated) MONTREAL, Dec. 13, 2021 (GLOBE NEWSWIRE) — Gildan Activewear Inc. (GIL: TSX and NYSE) today announced that, through one of its wholly-owned subsidiaries, it has acquired 100% of the equity interests of Phoenix Sanford, LLC, the parent company of Frontier Yarns for a total cash consideration of approximately $168 million. Frontier is a leading producer of 100% cotton, polyester, and cotton blend yarns primarily manufactured on open end and vortex (MVS) spinning technology. The yarn operations of Frontier acquired by Gildan include four facilities located in North Carolina employing approximately 800 employees. During 2021, approximately forty percent of Frontier’s production was dedicated to yarn sold to Gildan for textile manufacturing in Central America and the...

Acquisition Expected to Add Approximately $20 Million in Revenues PLEASANTON, Calif., Dec. 13, 2021 (GLOBE NEWSWIRE) — Healthcare Triangle, Inc. (HCTI), a leading provider of Healthcare and Life Sciences cloud transformation, managed services and data analytics platform company, announced today that it has acquired DevCool, Inc. (“DevCool”), ranked by Inc. 5000 as among the fastest growing private companies in USA in 2021. DevCool provides EHR Implementation and Managed Services to 6 of the top 10 hospitals in the USA and specializes in providing services to cancer research hospitals and university medical centres. The combined entity will focus on accelerating healthcare providers to adopt cloud technologies in improving clinical, operational, and financial performance. This will open up significant opportunities for HCTI, a premier...