Gulf Stream Marine, Inc. (“GSM”) announced the strategic acquisition of the Alabo Street Terminal operations located in the eastern section of the Port of New Orleans (“Port NOLA”). This is the second terminal, along with its Lake Charles terminal, that GSM is operating in Louisiana, and the first at the world-class Port of New Orleans.
“Expanding GSM’s reach and bringing our specialized expertise to serve break-bulk and project cargo customers at the Port of New Orleans was the next step in our growth plan,” explained Michel Miron, Executive Vice-President. “We worked very closely with the leadership team at the port to find the perfect fit for our service offering and we look forward to working together to grow this viable gateway.”
The Port of New Orleans is a deepwater port located on the Mississippi river near the U.S. Gulf and offers customers seamless supply chain solutions from river to rail to truck. The Alabo Street Terminal is connected to Class 1 rail and highway systems and serves markets in the southern states and the U.S. Midwest, serving shippers from around the world. With GSM’s growing network of nine terminals in ports in Texas, Louisiana and Mississippi, the addition of the Alabo Street Terminal offers further options for customers looking to access new markets.
“Gulf Stream Marine is highly respected for their operational expertise with breakbulk, bulk and heavy-lift cargo, and they are a welcome addition to our tenant portfolio,” said Brandy D. Christian, President and CEO of Port NOLA and CEO of the New Orleans Public Belt Railroad. “Our partnership with GSM reinforces and strengthens Port NOLA and the region’s position in the global supply chain.”
Exact invests in services sector with the acquisition of Gripp
Exact, Dutch headquartered supplier of business software, announces the acquisition of Gripp, provider of SaaS business software for professional service companies. The acquisition massively expands Exact’s range of Professional Services solutions for the fast-growing Professional Services Automation (PSA) market in the Benelux. This acquisition is in line with Exacts ambition to intensify its growth in the services sector.
Focus on services sector
The addition of Gripp, together with Software Gemak (formerly Unit4 Bedrijfssoftware, acquired in late 2020), to Exacts portfolio, provides Exact with a range of services sector oriented solutions. Gripp is a perfect addition to the existing portfolio, offering a comprehensive suite of Professional Services Automation (PSA) solutions that include CRM, time registration, invoicing, project management, purchasing and HR administration, and powerfully strengthening Exacts position in the services sector. PSA is the international term for the segment of business services automation. Gripp services 1700 customers and is located in Tilburg.
Paul Ramakers, CEO at Exact: “The Netherlands is a nation of services companies with Professional Services Automation solutions in high demand. This is a great purchase for Exact and not only because of the modern SaaS offering, the strength of the team or the entrepreneurial culture that fits well with Exact but also because together we better serve the needs of different segments and subsegments. Together, we are creating a very broad offering with advanced cloud solutions for the services sector. This move is in line with our strategy to achieve growth through a powerful combination of organic development and expansion through acquisitions.”
“For Gripp, this acquisition allows us to realise our ambition to grow in a larger ecosystem,” says Marcel Koenders, CEO and co-founder of Gripp. “We have a great team and product and we are looking forward to continuing our journey as part of Exact.”
Health Carousel Announces Acquisition of MEDPATH
Health Carousel, a premier provider of healthcare staffing and workforce solutions, announced today they are strengthening the power of the Health Carousel Locum Network further with the acquisition of MEDPATH.
MEDPATH, located in Trumbull, CT, was founded in 2012 by Timothy Kouble who will continue to lead the company after the acquisition. MEDPATH will continue to operate under its own brand in Health Carousel’s growing portfolio of locum tenens brands.
MEDPATH is an innovative physician workforce management company that is mission driven to help healthcare organizations improve patient care and save lives. They partner strategically with their clients and bring an ecosystem of powerful physician staffing resources, capabilities, and horsepower designed to get physicians to patients faster – with the goal of containing costs. It has a hyperlocal physician network and strong loyalty with providers who can deploy quickly to provide coverage when needed.
MEDPATH joins a strong family of HCLN brands, including NEXTLocums, Onyx M.D., Lucidity, and Vitruvian Medical, which are expected to become the 10th largest locum tenens company in the country, according to the most recent estimates from Staffing Industry Analysts. This is Health Carousel’s 6th acquisition in the locum tenens space since 2015.
“We are pleased to welcome MEDPATH to our Health Carousel family and are confident that this addition will further increase our track record of service excellence with our customers,” said Bill DeVille, Chief Executive Officer of Health Carousel. “Our healthcare facility partners trust us to solve their staffing problems by delivering high-quality healthcare staff to positively impact their patient care, staff morale, cost of staffing and revenue. The addition of the MEDPATH team and their unique RPO/MSP model will enhance our offerings to clients.”
Health Carousel has a proven track record of helping clients solve their workforce challenges by delivering easier, faster access to a nationwide pool of highly qualified physician and advanced practice providers, demonstrated by winning a 2020 Best in Staffing Client Award for providing superior service to their clients. MEDPATH is dedicated to that same level of partnership with their clients.
“MEDPATH is incredibly excited to become a part of the Health Carousel Locum Network as we continue to build our unique Physician workforce solutions program,” said Tim Kouble, Founder of MEDPATH. “We connected strongly to Health Carousel’s higher purpose of improving patient lives and making healthcare work better. We’re looking forward to advancing our relationships with healthcare organizations across the country to ensure every patient gets access to quality providers when and where they need them.”
Allseated Acquires easyRAUM To Further Expand European Presence
Allseated, a global leader in innovative event technology, announced today its acquisition of Dusseldorf based, easyRAUM GmbH to further scale its rapid expansion into the European market. The acquisition broadens Allseated’s market presence, bringing the full power of its event technology platforms to venues, brands, corporates, and planners across Europe.
A long-time leader and serving some of the biggest names in the German speaking market, easyRAUM’s reputation and reach has been second to none. With thousands of users powering large scale events, it has been successfully serving and expanding its customer base for the past fifteen years.
“This is a strategic move for us to further scale our business in Europe by combining easyRAUM’s market presence, amazing team and customer base with Allseated’s cutting-edge technology platform.” said Yaron Lipshitz, Allseated CEO. “EasyRAUM has been a great partner of ours and we have worked so close together, that the acquisition seems more of a formality at this point. Thanks to our now German team, Allseated is now powering some of the largest venues and brands in the European market with our latest virtual event product exVo, already in use by the local industry” he added.
“We are pleased to open a new chapter with Allseated, for our customers, for the industry, and for our company” said Sabine Reise, Founder and Managing Director of easyRAUM and now Managing Director of Allseated GmbH. “Our many years of industry and market experience as well as the software development know-how complement the agile structures of Allseated perfectly”.
Sandy Hammer, co-founder and CMO of Allseated added: “The partnership with easyRAUM enabled us to short-circuit our expansion in this exciting market and to quickly bring value to some amazing brands. We are thrilled to have the team join our rapidly growing company.”
Financial terms of the transaction are not disclosed.
Allseated is one of the world’s most innovative event technology platform powering hundreds of thousands of events a year. Through a cutting-edge 3D visualization platform including floorplan design tools, venue virtual tours, and revolutionary virtual/hybrid event solution, Allseated is transforming the event industry and leveraging innovation with superior customer service to help clients grow their businesses.
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