Regional Transactions of Interest Q4 2024
Regional Transactions of Interest
Announcement sources listed below.
True North only advised on transactions if explicitly noted.
December 1, 2024
PRIORITY HEALTH ANNOUNCES ITS COMPLETED AQUISITION OF PHPNI
FORT WAYNE, IN - Priority Health, a Michigan-based health plan serving more than 1.3 million members, announced the acquisition of control of Physicians Health Plan of Northern Indiana (PHPNI). Established in 1983, PHPNI is headquartered in Fort Wayne, Indiana, and is a leading commercial health plan offering employer sponsored benefits and third party administration to more than 50,000 members primarily across Indiana and Ohio.
Source: PHPNI.com
November 22, 2024
DO IT BEST SUCESSFULLY COMPLETES PURCHASE OF TRUE VALUE
FORT WAYNE, IN – Do it Best announced the successful acquisition of True Value, a long-time competitor with a legacy brand that benefits both organizations. This monumental transaction represents a transformative milestone for Do it Best, True Value, and the entire independent hardware industry. The acquisition brings significant assets to Do it Best, including inventory, brand rights, and paint manufacturing facilities. The transaction creates the world’s largest network of independent home improvement stores.
Source: DoItBestOnline.com
October 31, 2024
KSM (KATZ, SAPPER & MILLER) EXPANDS WITH ADDITION OF SGKK
INDIANAPOLIS, IN – KSM, a leading advisory, tax, and audit firm, announced its expansion in New York City with the addition of Shanholt Glassman Klein Kramer & Co. (SGKK), a CPA firm with a focus on the real estate industry and one of the 250 largest CPA firms in the U.S. This transaction substantially increases KSM’s New York presence and marks KSM’s second major acquisition of 2024. Founded in 1931, SGKK has grown to become one of the 250 largest CPA firms in the U.S., providing accounting, tax, and consulting services to local, national, and global businesses.
Source: KSMCPA.com