Proterra Investment Partners, a Minneapolis-based alternative asset manager, announced Tuesday its acquisition of AcreTrader. AcreTrader is the leading farmland investment platform. Since 2018, the company has provided investors with a previously inaccessible asset class and connected farmers to equity capital. …
acquisition
- AMP NewsCommercialReal estate
Shackleford Corporate Center in Little Rock Sells for $13.55M
by AMP Staffby AMP StaffShackleford Corporate Center, located at 4201 S Shackleford Road in Little Rock, was sold on July 31 for $13,550,000, according to Colliers | Arkansas. Pond Commercial acquired the 177,500-square-foot flex facility from a team of Colliers investors led by Drew …
- AMP NewsBusinessEconomicsTransportation
Union Pacific, Norfolk Southern Merge to Create First Coast-to-Coast Railroad
by AMP Staffby AMP StaffTwo of the nation’s most iconic railroads are merging to create the first fully transcontinental railroad in American history. Union Pacific and Norfolk Southern have announced an agreement that will link more than 50,000 miles of track across 43 states, …
- AMP NewsBusinessEnergyEnvironmental
Chevron Joins South Arkansas Lithium Boom
by AMP Staffby AMP StaffWith an eye on entering the domestic lithium sector, Chevron recently announced the acquisition of two leasehold acreage positions—the first from TerraVolta Resources and the second from East Texas Natural Resources—that will span about 125,000 acres across the Smackover Formation in southwest Arkansas …
SPS Commerce, a leader in retail supply chain cloud services, has acquired Rogers-based SupplyPike, an automated invoice deduction management and prevention solution, for approximately $119 million in cash, net of cash acquired, and $87 million in SPS Commerce stock. SupplyPike …
- BusinessBusiness servicesIndustriesInsurance
The River Company Acquires Ozark’s Heffington Insurance Inc.
by AMP Staffby AMP StaffThe River Company announced Monday that it has acquired fellow Arkansas insurance company Heffington Insurance, Inc. The acquired agency, which offers affordable and reliable insurance choices to Western Arkansas, will reopen under The River Company name by July 2022. Heffington …
- BusinessBusiness servicesConstruction/Real EstateIndustriesTransportation
Hugg & Hall Mobile Storage Acquires Competitor Rentway Storage
by AMP Staffby AMP StaffHugg & Hall Mobile Storage has acquired Rentway Storage, Inc., combining the two Arkansas-based mobile storage container companies into one source for the construction, industrial and retail markets. “We’ve been in friendly competition with Rentway since our founding in 1995. …
- AMP NewsArchitectureBusinessBusiness servicesIndustriesSmall business
Crafton Tull Acquires Hot Springs’ B&F Engineering
by AMP Staffby AMP StaffCrafton Tull, an employee-owned professional services firm in Arkansas, announced Monday it has acquired Hot Springs-based B & F Engineering (B & F). The acquired company will do business as ‘B & F Engineering, a Division of Crafton Tull’ as …
- AMP NewsBusinessBusiness servicesEconomicsIndustriesNewsmakersTransportation
J.B. Hunt to Buy Zenith Freight from Bassett Furniture for $87 Mil
by AMP Staffby AMP StaffJ.B. Hunt Transport Services Inc. will acquire the assets of Zenith Freight Lines LLC from Bassett Furniture Industries Inc. for about $87 million, according to a press release. J.B. Hunt will continue to service Bassett through Zenith following the deal. …
- AMP NewsBusiness & FinanceFinance & BankingIndustries
Southern Bancorp to Acquire Premier Bank of Arkansas
by AMP Staffby AMP StaffSouthern Bancorp, a Community Development Financial Institution (CDFI) and holding company for Southern Bancorp Bank, has entered into a merger agreement to acquire FCB Financial Services, Inc. and its wholly owned subsidiary, Premier Bank of Arkansas, a $200 million asset …
