Kendall Hunt stated that the firm is looking to proceed its historical strategy of technology tuck-in acquisitions
Another departmental vendor Mediware (#75) was extremely active, not only making four small tuck-in acquisitions
of its own, but was being itself acquired in a $195-million take-private transaction by private equity investor Thoma Bravo (which, incidentally, also acquired physician practice vendor SRS Software).
US hotel operator Wyndham Worldwide (NYSE: WYN) said that its Wyndham Vacation Rentals managed vacation rentals business,has completed three tuck-in acquisitions
as part of its ongoing global expansion efforts.
While organic growth rates for all three of its segments - financial systems (FS), availability services (AS), and higher education and public sector systems (HEPS) - are anticipated to be in the low- to mid-single digits over the next several years, SunGard will continue to augment more mature market growth rates via smaller tuck-in acquisitions
, particularly in the more fragmented FS and HEPS segments, and some share gains.
In addition to larger acquisitions, Tetra Tech is executing its strategy of tuck-in acquisitions
in select markets.
Along with our many tuck-in acquisitions
and the continued expansion of our non-regulated wastewater services business, we are pleased to cap off 2006 with an immediately accretive, platform-building acquisition that establishes an important beachhead in the country's third most-populous state.
The company also continues to grow its international presence and has recently made a few strategic investments in Brazil through tuck-in acquisitions
and joint ventures.
Our two tuck-in acquisitions
, combined with strong organic growth, have helped us achieve our goal of building CSC's distribution business into a world class enterprise," said Steve Eisenstein, Senior Managing Director at Harvest.
ResCare continues to expand its community services operations through both organic growth and selected tuck-in acquisitions
," said Ralph G.
The first half of the year not only produced several more 'bread-and butter' tuck-in acquisitions
but also a platform-building agreement that establishes a major beachhead in New York's Long Island market, which positions us to pursue additional growth opportunities in the country's third most-populous state," said Aqua America Chairman and Chief Executive Officer Nicholas DeBenedictis.
RMK spent $120 million for tuck-in acquisitions
in 2005 and approximately $188 million in cash for share repurchases, which was consistent with the company's stated strategy.
Fitch expects ServiceMaster to continue to search for small tuck-in acquisitions
that will allow it to grow its cash flow and achieve synergies with its existing business lines.