Acquisition strategically enhances Parsons’ cross-segment environmental remediation capabilities CHANTILLY, Va., Feb. 04, 2025 (GLOBE NEWSWIRE) — Parsons Corporation (NYSE: PSN) announced today that it has acquired TRS Group, Inc. (TRS), an environmental solutions firm that specializes in remediation technology, in an all-cash transaction valued at $36 million. This transaction benefits both Parsons’ Federal Solutions and Critical Infrastructure segments. Formed in 2000, TRS is an industry leader in per and polyfluoroalkyl substances (PFAS), thermal, and holistic environmental remediation, having cleaned hazardous and toxic substances from soil, groundwater, and fire suppression systems for global clients. The company has successfully completed more than 160 in situ thermal remediation projects, establishing itself as a proven...

VANCOUVER, British Columbia, Feb. 04, 2025 (GLOBE NEWSWIRE) — ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) (“ZenaTech”), a technology company specializing in AI (Artificial Intelligence) drone, Drone as a Service (DaaS), enterprise SaaS and Quantum Computing solutions, announces that it has signed an LOI (Letter of Intent) to acquire a fifth land survey engineering company located in Southeast Florida. Upon completion, this will be the second acquisition in the Southeast, adding to the Company’s national Drone as a Service business making the speed and precision of AI drones with advanced sensors and LiDAR technology and applications available in a convenient and cost-effective fashion for business and government users. The Company intends to apply the new acquisition to build a fleet of its ZenaDrone AI drones...

EAGLE, Idaho, Feb. 03, 2025 (GLOBE NEWSWIRE) — The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of the Pennant group of affiliated home health, hospice, home care and senior living companies, announced today that effective February 1, 2025, it has acquired three premier senior living facilities in Idaho and Texas. The acquisition in Idaho is subject to a triple net lease with the option to purchase, and the two Texas facilities are subject to a long-term, triple net lease. These acquisitions reinforce Pennant’s commitment to expanding its national footprint and enhancing the quality of care for its senior residents. These transactions expand Pennant’s operations by 188 units, comprised of both assisted living and memory care services. Pennant has strategically positioned itself to meet the growing demand for senior living...

DAYTONA BEACH, Fla., Feb. 03, 2025 (GLOBE NEWSWIRE) — Stephen M. Boyd, president of Bridge Specialty Group (“BSG”), and Mark Berven, president and chief operating officer of Nationwide Property & Casualty, today announced that the parties have entered into an agreement for BSG to acquire NBS Insurance Agency, Inc. (operating as “Nationwide Brokerage Solutions” or “NBS”). The agreement only includes NBS Insurance Agency, Inc. and no other Nationwide affiliated companies. The transaction is expected to close in March 2025, subject to certain closing conditions. Steve Boyd shared, “NBS has served as a wholesaler and market access provider for retail agents for more than 50 years, providing superior service to their customers and retail broker partners. We look forward to welcoming the talented, customer-focused NBS team to Bridge...

Acquisition extends company’s capabilities in wastewater treatment, a key high-growth, sustainable end market Enables Ingersoll Rand to provide more comprehensive wastewater treatment solutions, allowing for greater energy efficiency and increased productivity for customers Creates opportunities to accelerate topline growth through access to municipal markets Attractive purchase multiple of approximately 10x 2024E Adjusted EBITDADAVIDSON, N.C., Feb. 03, 2025 (GLOBE NEWSWIRE) — Ingersoll Rand Inc., (NYSE: IR) a global provider of mission-critical flow creation and life science and industrial solutions, has acquired SSI Aeration, Inc. and its subsidiaries (collectively “SSI”) to extend its capabilities in wastewater treatment. SSI is a global leader in the design and manufacturing of wastewater treatment plant equipment with approximately...

RALEIGH, N.C., Feb. 03, 2025 (GLOBE NEWSWIRE) — Highwoods Properties, Inc. (NYSE:HIW) is today announcing investment and financing transactions that closed during the fourth quarter of 2024 and to date in early 2025. First, the Company has sold in a series of transactions non-core buildings in Raleigh and Tampa for combined gross proceeds of $166.4 million. Gross proceeds from dispositions closed in the fourth quarter of 2024 totaled $21.4 million with the remainder closing early in the first quarter of 2025. The sold properties include one office building encompassing 170,000 square feet in North Raleigh and three buildings encompassing 616,000 square feet in the Westshore submarket of Tampa. On a combined basis, these properties are 88% occupied and were projected to generate $13.6 million of GAAP net operating income and $13.0...

CHARLOTTE, N.C., Feb. 03, 2025 (GLOBE NEWSWIRE) — Already Autism Health has announced the acquisition of C.A.B.S., Autism and Behavior Specialists (CABS). Founded in 2008 by Amanda Parker, BCBA, CABS has built a strong reputation for delivering high-quality autism services across its locations in Illinois and Georgia. According to the Centers for Disease Control and Prevention (CDC), approximately 1 in 36 children in the United States is diagnosed with autism spectrum disorder (ASD) each year. Early intervention plays a critical role in improving developmental outcomes.  This acquisition brings together two organizations with unique, complementary strengths and will allow Already Autism Health to reach more individuals with ASD. “We are thrilled to partner with CABS,” said Derek Bullard, CEO of Already Autism Health. “Amanda...

Coface: agreement to acquire Cedar Rose Group, strengthening its information services in the Middle East and Africa Paris, 3 February 2025 – 17.35 Coface announces that it has signed an agreement with Mr. Antoun Massaad and Mrs. Christina Massaad, co-founders of the company, to acquire the Cedar Rose Group. With over 25 years’ experience, Cedar Rose is one of the leading providers of business information solutions in the Middle East and Africa region. In a region where information is difficult to access and with positive economic growth outlook, Cedar Rose has built up a vast business network enabling it to produce data whose quality is recognized by its customers, including a number of multinationals. Following the acquisition, Cedar Rose will become Coface’s information provider in the region, for both credit insurance and...

Gevo acquired assets of Red Trail Energy, LLC, including its ethanol production plant, carbon capture and sequestration assets, and pore space in Richardton, North Dakota ENGLEWOOD, Colo., Feb. 03, 2025 (GLOBE NEWSWIRE) — Gevo, Inc. (NASDAQ: GEVO), a leading developer of hydrocarbon fuels and chemicals with net-zero greenhouse gas emissions, is pleased to announce that it has acquired the ethanol production plant and carbon capture and sequestration (“CCS”) assets of Red Trail Energy, LLC (“Red Trail Energy”) for an aggregate purchase price of $210 million, subject to customary adjustments, including a working capital adjustment. The acquired assets include the plant, pore space, and we are bringing on their experienced operational personnel. In addition to creating another strategic option for economic and competitively advantaged...

Industry veteran Matthew P. York joins company as senior vice president of alternative dispute resolution to partner with and integrate acquisitionsMatthew P YorkSenior Vice President of Alternative Dispute Resolution, Veritext Legal SolutionsLIVINGSTON, N.J., Feb. 03, 2025 (GLOBE NEWSWIRE) — Veritext Legal Solutions, the leader in technology-enabled court reporting services and litigation support solutions, today announces the expansion of its service offerings to include alternative dispute resolution. This added capability showcases Veritext’s commitment to delivering comprehensive, client-focused legal solutions that address the evolving needs of the legal industry. This announcement follows Veritext’s strategic acquisitions of leading ADR firms UWWM (Upchurch Watson White & Max), The McCammon Group and Resolute...