America's Business to Business Journal for Industry


NOW Inc. Announces Odessa Pumps Acquisition

HOUSTON--(BUSINESS WIRE)--NOW Inc. (NYSE:DNOW) announced today that it has entered into an agreement to purchase Odessa Pumps and Equipment, Inc. Terms of the all-cash transaction, which remains subject to customary closing conditions, including regulatory approval, were not disclosed.Robert Workman, President and CEO of NOW Inc., commented, The


H.I.G. Capital s Lexmark Carpet Mills Announces Combination with Northwest

MIAMI--(BUSINESS WIRE)--H.I.G. Capital, LLC ( H.I.G. ), a leading global private equity investment firm, is pleased to announce that its portfolio company, Lexmark Carpet Mills, Inc. ( Lexmark ) has completed the acquisition of Northwest Carpet, Inc. ( Northwest ). Lexmark is a leading manufacturer of broadloom carpet for hospitality, residential


Manners Still Matter!

Indiana Firm Launches National Etiquette Program for SchoolsGREENFIELD, Ind.--(BUSINESS WIRE)--Novelty Inc., based in Greenfield, Indiana, has teamed up with the Advertising Specialty Institute (ASI) to launch Manners Up, a national etiquette program for primary and secondary schools.By partnering with ASI, their reps will introduce this program


Alliance Laundry Completes New $400 Million Asset-Backed Finance Facility

RIPON, Wis.--(BUSINESS WIRE)--Alliance Laundry Holdings LLC ( Alliance Laundry ) today announced that they completed a new $400 million asset-backed finance facility supporting its business operations in North America and select European markets.Financing is a key component of maintaining and growing our leading market share, specifically within


CACI Awarded Multi-Million Dollar Contract to Provide Systems Engineering Support

Sensor Systems Expertise to Support Delivery of Time-Critical IntelligenceARLINGTON, Va.--(BUSINESS WIRE)--CACI International Inc (NYSE MKT: CACI), announced today it was awarded a multi-million contract to provide systems engineering support to the U.S. Army Communications-Electronics Research, Development, and Engineering Center s (CERDEC) Flight


Chrome River Raises $100 Million in Funding from Great Hill Partners

Company Will Focus on Continued Global Expansion and Product InnovationLOS ANGELES--(BUSINESS WIRE)--Chrome River Technologies, a leading provider of online expense reporting and automated invoice processing software, today announced it has raised $100 million from Great Hill Partners in a Series D funding round. Chrome River will use the funds to