Creates a best-in-class specialty distribution holding company with estimated combined pro forma annual revenue of more than $1 billion and estimated combined pro forma annual adjusted EBITDA of more than $100 million CHICAGO & FORT WORTH, Texas–(BUSINESS WIRE)–Lawson Products, Inc. (NASDAQ: LAWS) (“Lawson”), a leading distributor of products and services to the MRO marketplace, and […]
Press Conference to Be Held Virtually on January 5 at 11:45 a.m. PST SAN JOSE, Calif.–(BUSINESS WIRE)–#VelodyneLidar—Velodyne Lidar, Inc. (Nasdaq: VLDR, VLDRW) will not participate in person at CES 2022 due to the surge in COVID-19 infection rates. The health and safety of employees, partners and the public are the topmost priorities for Velodyne and […]
FORT LAUDERDALE, Fla.–(BUSINESS WIRE)–#AirFreight—GA Telesis, LLC debuts GAT Logistics Solutions Group LLC (“GATLSG”), a wholly-owned global freight forwarding subsidiary that offers a complete portfolio of logistics services to the aerospace industry and time-critical verticals including healthcare, technology, retail, and beyond. GATLSG has a globally positioned team and robust network providing air, sea, and inland freight […]
SANTA ANA, Calif.–(BUSINESS WIRE)–$ITI #IoT—Iteris, Inc. (NASDAQ: ITI), the global leader in smart mobility infrastructure management, today announced that it has been invited to present at the 24th Annual Needham Virtual Growth Conference on Wednesday, January 12. Iteris president and CEO Joe Bergera, and CFO Douglas Groves are scheduled to present at 2:00 p.m. ET […]
Net Cash to Accelerate Growth and Expansion from Major Commercial Wins ORLANDO, Fla.–(BUSINESS WIRE)–Luminar Technologies, Inc. (Nasdaq: LAZR) today announced the successful execution of its previously announced transaction, with the intent to purchase shares and accelerate growth. The deal was oversubscribed based on positive institutional investor support, and upsized to a total of $625 million […]
Lack of Supply Still Restricting New-Vehicle Sales in December; Prices and Profits Continue to Set Records TROY, Mich.–(BUSINESS WIRE)–J.D. Power: The Retail Sales Forecast New-vehicle retail sales for December 2021 are expected to decline when compared with December 2020, according to a joint forecast from J.D. Power and LMC Automotive. Retail sales of new vehicles […]
BOSTON–(BUSINESS WIRE)–Audax Private Equity (“Audax”) today announced that it has completed the sale of RelaDyne, Inc (“RelaDyne” or the “Company”) to American Industrial Partners (“AIP”). Terms of the transaction were not disclosed. RelaDyne is a leading provider of lubricants and distributor of less-than-truckload fuel, diesel exhaust fluid, chemicals, and other related products in the United […]