Quintillion Acquired by Out-of-State Investment Firm
Anchorage-based fiber optic company Quintillion has been acquired by Washington, D.C.-based private investment firm Grain Management.
Tag: Mergers and Acquisitions
ASRC Acquires Military Logistics Firm
ASRC Federal, a subsidiary of Arctic Slope Regional Corporation, is acquiring the military logistics arm of Virginia-based SAIC for $350 million.
Two Southeast Alaska Credit Unions Merge
Tongass Federal Credit Union merged with ALPS Federal Credit Union, uniting two institutions that span Southeast Alaska.
Juneau Radio Stations Bought by Out-of-State Owner
All six commercial radio stations in Juneau are changing hands to an out-of-state owner, an acquaintance of the current owners, Frontier Media.
Parent Companies of Fred Meyer and Carrs/Safeway Agree to Merge
Kroger and Albertsons, the owners of the Fred Meyer and Carrs/Safeway supermarket chains, have agreed to a merger worth $24.6 billion.
OfficeTECH Acquired by Kelley Connect
Office equipment supplier Kelley Connect is expanding its Alaska presence by acquiring Anchorage-based OfficeTECH.
McKinley Management Acquires ASRC Subsidiary
Arctic Slope Regional Corporation is giving up its Alaska Growth Capital BIDCO subsidiary, which is becoming a fourth line of business for McKinley Management.
Alaska USA Merges with Global Credit Union
The merger combines Alaska USA’s 700,000 members with Global’s 45,000 members, resulting in an organization with combined assets of nearly $12 billion, making it one of the fifteen largest credit unions in the country.
Sitnasuak Subsidiary Acquires Camouflage Printing Company
A subsidiary of the Alaska Native corporation for Nome is integrating its military uniform supply chain by acquiring a South Carolina company that prints camouflage patterns.
Enstar Changes Hands to a Different Canadian Company
One Alberta-based company is taking over the natural gas supplier for Southcentral Alaska from another Calgary company that has owned the utility since 2012.