MERGERS AND ACQUISITIONS GovDelivery, St. Paul, a provider of government-to-citizen communication solutions, has acquired Washington-based GovLoop, the premier social network for the government community. Terms of the transaction were not disclosed.
NEW BUSINESS Minneapolis ad agency Martin Williams has been awarded the full-service advertising account for Raymond James Financial out of a field of 116 agencies. According to media analyst Nielsen, Raymond James Financial spent $9 million in advertising last year and $5 million during the first seven months of 2009. Martin Williams will provide brand planning, media planning and buying, creative development and interactive, among other services.
DEBT AND EQUITIES Anytime Fitness, Hastings, has signed a master franchisee agreement with entrepreneur Rodrigo Chavez, who plans to open at least 100 new clubs in Mexico within the next five years.
Medtronic Inc., Fridley, has been named a member company in the Dow Jones Sustainability Index for North America and the FTSE4Good Index Series.
ProUroCare Medical Inc., Eden Prairie, has commenced a tender offer to holders of certain outstanding warrants to provide additional consideration for the exercise of such warrants. The warrants subject to the tender offer are 3,050,000 publicly traded warrants and 3,058,381 unregistered warrants to purchase common stock that were issued on Jan. 12, 2009. The tender offer commenced Sept. 25.
