Year: 2021

All amounts in U.S. dollars unless otherwise stated  TORONTO, Nov. 09, 2021 (GLOBE NEWSWIRE) — Onex Corporation (“Onex”) (TSX: ONEX) today announced that Onex Partners V, Onex’ $7.2 billion fund, has agreed to acquire Fidelity Building Services Group (“Fidelity BSG” or the “company”), in partnership with the company’s management team. Fidelity BSG is a leading provider of technical building solutions for the commercial and industrial facilities market, delivering best-in-class, non-discretionary services through every phase of a building’s lifecycle. Headquartered in Sparks, Maryland, Fidelity BSG’s offering includes a complete range of maintenance, retrofit, replacement and highly engineered design-build services for mechanical HVAC systems, building automation and controls, as well as emergency generators and power systems. The...

Combination will leverage ADT’s national reach, high brand awareness and trust, coupled with cross-selling opportunities to accelerate expansion of solar and establish “ADT Solar” as a residential market leader ADT to offer consumers solutions for a safer, smarter, and powered home Transaction expected to be positive to EBITDA and free cash flow immediately and accretive to EPS within the first 12 months, prior to any synergy realization Nearly all of sellers’ consideration is in ADT stock, reflecting their conviction in ADT’s future growth BOCA RATON, Fla., Nov. 09, 2021 (GLOBE NEWSWIRE) — ADT Inc. (NYSE: ADT), the most trusted brand in smart home and small business security, announced today an agreement to acquire Sunpro Solar (Sunpro), ranked #2 for 2021 Top Residential Rooftop Solar Contractors1 in the U.S., for $160 million...

Expands Presence in Colorado and Utah DAYTONA BEACH, Fla., Nov. 09, 2021 (GLOBE NEWSWIRE) — TopBuild Corp. (NYSE:BLD) a leading installer and specialty distributor of insulation and building material products to the North American construction industry, has acquired Tonks Insulation in St. George, Utah, and Shepherds Insulation in Pueblo, Colorado. Combined, these companies generated approximately $6 million of revenue in 2020. Robert Buck, President and CEO of TopBuild, noted, “We are pleased to welcome Tonks Insulation and Shepherds Insulation to TruTeam. Tonks has been serving the southern Utah markets for over 10 years and the founder, Gary Tonks, will continue to manage and help us grow this business. Shepherds has been servicing the Colorado market for many years and brings a mix of both residential and light commercial business....

Southlake, Texas, Nov. 09, 2021 (GLOBE NEWSWIRE) — eDynamic Learning, North America’s largest provider of digital curriculum for electives and Career and Technical Education (CTE) courses for schools, announces today they have acquired Greenways Academy, an online virtual school program that supports students who learn from home for a variety of reasons. This can include athletics, acting, a medical condition, stress and anxiety, bullying, or they simply find greater success by working online at their own pace.  Greenways Academy is regarded by parents as a school that provides a truly personalized learning experience that comes with continual guidance and support from the teaching staff and administration.  Greenways Academy has a mission to educate, motivate, and help students graduate and is a nationally recognized program with...

Companies Profiled in the Market: Sulzer, Kirloskar Brothers Limited, oddesse Pumpen- Und Motorenfabrik GmbH, KSB Company, Multiquip Inc., GRUNDFOS, Hitachi America, Xylem Inc., Caprari, Crompton Greaves Consumer Electricals Limited, Weatherford, TSURUMI PUMP, ZUWA-Zumpe GmbH, Homa Pumpenfabrik GmbH, Quadt Kunststoffapparatebau GmbH. Pune, India, Nov. 09, 2021 (GLOBE NEWSWIRE) — Electric Submersible Pumps Market to Reach $14.76 Billion by 2026, AT CAGR 5.8%The global electric submersible pumps market size is projected to reach USD 14.76 billion by the end of 2026. Driven by the increasing demand for hydrocarbons across the world, the market will rise at a considerable rate in the coming years. According to a report published by Fortune Business Insights, titled “Electric Submersible Pumps Market Size, Share & Industry Analysis,...