Resolve Marine Acquires MAC Enterprises
Two maritime support companies in Dutch Harbor are joining forces, expanding shipyard and chartering services.
Tag: Mergers and Acquisitions
Alaska Printing Has a Bold Vision for Local Print Services
Adam Williams has a plan: consolidate Anchorage’s printing industry and expand the services at his commercial print shop. It’s admittedly ambitious, especially considering that he purchased Alaska Printing three years ago.
Oil Search Approves Merger with Santos
Australian oil company Santos is merging with Papua New Guinea-based Oil Search, which has been developing the Pikka project on the North Slope.
Parker, Smith & Feek Acquired by IMA Financial
IMA Financial Group, a North American insurance brokerage firm specializing in risk management, insurance, wholesale brokerage, and wealth management, has acquired Washington-based Parker, Smith & Feek to expand its brokerage services in the Pacific Northwest, Alaska and Hawaii.
Alaska USA Insurance Brokers Acquires Jones-Taylor Insurance Group
“Jones-Taylor Insurance Group clients experienced a seamless transition with regard to policies and terms,” says Julia Niziolek, President, Alaska USA Insurance Brokers. “We look forward to continuing to provide new clients with outstanding service, products, and convenience through Alaska USA Insurance Brokers, as well as connecting them with the many services that Alaska USA has to offer.”
ZS2 Technologies Expands into Alaska with Paragon Construction Solutions Partnership
ZS2 Technologies, a Calgary-based building material technology company is expanding into Alaska thanks to a partnership with Paragon Construction Solutions.
Alaska Communications to Be Acquired by Macquarie Capital, GCM Grosvenor in $300 Million Transaction
The transaction will result in Alaska Communications becoming a privately held company and is expected to close in the second half of 2021.
Wheels Up: Ravn Will Return to the Skies Under New Ownership
Ravn Alaska is operating under new ownership and preparing to get back in the air with a new leadership team: CEO Rob McKinney, President Tom Hsieh, Chief Compliance Officer Dan Kitchens, and Chief Financial Officer Jim Day, all of whom have years of experience in the aviation industry.
Ravn Air Group Successfully Sells RavnAir Alaska and PenAir
Approval for the sale of all twelve lots of Ravn Air Group assets was granted today at the final Bankruptcy Court hearing—including, in a last-minute turn of events, Ravn Air Group’s two Anchorage-based Part 121 passenger air carriers, RavnAir Alaska and PenAir.
Ravn Air Group Approved to Receive $31.6 Million in CARES Act Payroll Support Program Grants
Subject to Bankruptcy Court approval, the funds would be available to Treasury-approved bidders seeking to buy the entire air group in an upcoming Chapter 11 sale process.