May 15, 2017
The Stephens Group Acquires Pearlman Enterprises, Inc.
The Stephens Group, LLC (“The Stephens Group”) announced today that it finalized its acquisition of Pearlman Enterprises, Inc. (“Pearlman” or the “Company”), the parent company of GranQuartz and Pearl Abrasive. Terms of the transaction were not disclosed. Pearlman, headquartered in Norcross, GA, is a multi-channel developer and distributor of supplies, tools, and equipment used in […]
April 5, 2017
Armor Announces $89 Million Investment from ST Telemedia
Company poised to capitalize on global cloud migration and increasing security demand. Armor, The First Totally Secure Cloud Company™, closed an $89 million equity financing led by ST Telemedia (STT). STT has become a joint lead shareholder with The Stephens Group (TSG), the existing majority shareholder. The investment from STT will accelerate the adoption of Armor’s managed security platform [...]
March 31, 2017
Summit Utilities Acquires Arkansas Oklahoma Gas Corporation
AOG will retain its name going forward. Summit Utilities, Inc. (SUI) today completed its acquisition of A.O.G. Corporation and its wholly-owned subsidiary Arkansas Oklahoma Gas Corporation (AOG), which serves nearly 60,000 natural gas utility customers in Arkansas and Oklahoma. “Arkansas Oklahoma Gas Corporation has spent more than seven decades building a strong foundation in its [...]
March 1, 2017
Nationwide Completes Acquisition of Jefferson National
Commits to preserving and supporting existing structure and teams. Nationwide has completed its previously announced acquisition of Jefferson National, an industry-leading distributor of tax-advantaged investing solutions for registered investment advisors (RIAs), fee-based advisors and the clients they serve. Jefferson National is now a wholly-owned subsidiary of Nationwide. The transaction increases each organization’s ability to serve [...]