Mergers and acquisitions involving Minnesota companies

Moves made by Minnesota businesses.

February 10, 2018 at 6:43AM

TargetAcquirer

DateLocationLocationDescription

1/29Neutral PathZayo Group Holdings Inc.Zayo Group Holdings will acquire Neutral Path

Communications LLCBoulder, Colo.Communications and Near North Partners, a long-haul

Mankato, Minn. infrastructure provider, for $31.5 million.

1/30European Sources UABBevSource Inc.BevSource, a provider of beverage development and

Kaunas, LithuaniaSt. Pauloperations products, has acquired MyDrink Beverages.

1/30Lifetouch Inc. Shutterfly Inc.Shutterfly Inc., an online retailer and manufacturer of

Eden PrairieRedwood City, Calif.personalized photography products, will acquire Lifetouch

Inc., a school photography company, for $825 million.

1/30Gopher Resource LLC Energy CapitalEnergy Capital Partners, a private equity firm, will acquire

EaganPartners LLCGopher Resource LLC, a national environmental solutions

Short Hills, N.J.provider.

1/31Lilis Energy Inc.Varde Partners Inc.Lilis Energy Inc., an exploration and development company,

San Antonio Minneapolishas closed on $140 million in new financing, including a

$125 million convertible second lien term-loan facility

funded by Varde Partners Inc.

2/1The Media Services Newscycle Solutions Inc.Newscycle Solutions, a provider of software technologies

Group Ltd.Bloomingtonfor the media industry, has acquired Media Services Group,

Stamford, Conn. a supplier of digital publishing, magazine advertising and

event management software for the magazine and book

publishing industries.

2/1Service Tracking Systems Amano McGann Inc.Amano McGann has acquired Computerized Valet Parking

Inc. - Computerized Valet RosevilleSystems, a division of Service Tracking Systems Inc.

Parking Systems

Glenhaven, Calif.

2/2ArmCom Distributing Co.Foundation Building Foundation Building Materials a distributor of wallboard,

St. Louis ParkMaterials Inc.suspended ceiling systems and mechanical insulation, has

Fridley, Minn.acquired ArmCom Distributing Co., a distributor of ceiling

products.

2/2Digiliti Money Inc. Urban FT Group Inc.Urban FT Group, a digital banking software company, will

ChanhassenNew York, N.Y.acquire the business and certain assets of Digiliti Money

Inc., a subsidiary of Digiliti Money Group Inc., as part of a

merger of Digiliti into Urban FT's affiliate, FinTech Imaging

Solutions Inc.

about the writer

about the writer

More from Business

See More
card image
Spencer Platt

The U.S. stock market roared back on Friday, as technology stocks recovered much of their losses from earlier in the week and bitcoin halted its plunge, at least for now.

Attendees of Frostbike made their way through the convention Saturday at the Quality Bike Products campus in Minneapolis. ] (AARON LAVINSKY/STAR TRIBUNE) aaron.lavinsky@startribune.com Frostbike 2016 was held at the Quality Bike Products Campus on Saturday, Feb. 27, 2016 in Bloomington, Minn.
card image