G.T. Michelli Firm continues acquisition run beneath Summit Park

Backed by monetary sponsor Summit Park, New Orleans-based G.T. Michelli Firm continued its acquisition momentum with two further transactions in March. This brings the corporate’s complete to 4 offers up to now in 2026 and eight offers since partnering with Summit Park in 2023. The corporate is executing a nationwide buy-and-build technique within the industrial weighing and measurement companies sector.

In March, Michelli acquired Florida Industrial Scale Firm (FISC), a supplier of commercial weighing companies to manufacturing and industrial purchasers. The partnership with FISC expands Michelli’s footprint into Florida and leverages FISC’s native experience to extend Michelli’s Southeast regional presence.

Michelli additionally acquired Industrial Scale & Measurement, a Houston-based supplier of scale service, calibration, and tools options, to strengthen its presence throughout Texas and the Gulf Coast. Simply weeks earlier, the corporate accomplished the acquisition of Boise, ID-based Whole Scale Service, Inc., increasing its footprint into the Pacific Northwest and including additional technical capabilities and buyer attain.

Bobby Feigler, CEO of Michelli, stated, “These organizations reveal robust alignment with our dedication to service high quality, technical excellence, and long-term buyer relationships. These partnerships strengthen our capacity to help clients nationwide whereas preserving the native experience that has made every enterprise a profitable and trusted supplier of their respective markets.”

Michelli now has service areas in 18 states all through the U.S., and companies clients in quite a lot of finish markets together with transportation, recycling & waste, meals & beverage, agriculture, and manufacturing.

Chouest expands into offshore decommissioning with CES acquisition

Within the offshore power sector, Edison Chouest Offshore expanded its service providing by buying Champagne Power Options (CES), a Houma-based supplier of decommissioning, plug-and-abandonment, and environmental companies within the Gulf of Mexico.

The transaction marks Chouest’s entry into the offshore decommissioning market, a rising phase pushed by growing old infrastructure throughout the Gulf. CES provides capabilities in subsea intervention, pipeline set up and removing, and marine logistics, supported by a fleet of dive help vessels and pipelay belongings.

“We see decommissioning as one of the vital essential and fastest-growing segments of the offshore power market,” stated Dino Chouest, Govt Vice President of the Chouest Group.

The acquisition positions Chouest to ship end-to-end lifecycle companies throughout offshore belongings whereas capitalizing on a multi-billion-dollar world decommissioning alternative. The corporate plans to pursue further strategic acquisitions because it builds a totally built-in platform within the area.

Sazerac provides the Soiled Shirley model

Additionally in March, Sazerac Firm introduced the acquisition of Soiled Shirley, a ready-to-drink cocktail model recognized for its cheeky vodka-spiked tackle the basic Shirley Temple.

“We’re excited to make the Soiled Shirley model part of the Sazerac household,” stated Jake Wenz, CEO of Sazerac. “The model has carved a novel area within the RTD class with their daring cocktails and distinct character, and we’re trying ahead to persevering with to construct on the stable foundational work finished by the model to-date.”

The acquisition comes because the Shirley Temple makes a serious comeback, fueled by customers craving their favourite childhood nostalgia drink.  Different fashionable manufacturers providing a twist on this basic, however with no grown-up improve, are Bloom Pop and Stiller’s Soda.

Soiled Shirley joins Sazerac’s sturdy, world spirits portfolio together with BuzzBallz, Buffalo Hint Bourbon, Traveller Whiskey, Fireball Cinnamon Whisky, Southern Consolation, SVEDKA Vodka, Wheatley Vodka, Myers’s Rum, Paddy’s Irish Whiskey and others.

Bally’s expands Shreveport presence with on line casino acquisition

Within the gaming and hospitality sector, Bally’s Company introduced an settlement to accumulate Sam’s City Lodge & On line casino Shreveport from Boyd Gaming Company, additional increasing its presence in Shreveport.

Positioned adjoining to Bally’s present Shreveport property, the asset features a 29,000-square-foot on line casino, a 514-room resort, and a number of eating and leisure venues. The transaction is predicted to shut within the third quarter of 2026, topic to regulatory approvals.

“We see significant alternatives to reinvest out there and additional strengthen Shreveport’s place as a premier vacation spot for gaming and leisure,” stated Soo Kim, Govt Chairman of Bally’s.

The acquisition displays Bally’s continued technique of constructing density inside present markets, permitting for operational efficiencies and enhanced buyer engagement throughout its regional portfolio.  Bally’s additionally owns two on line casino’s in Baton Rouge.

G.F. Homosexual Le Breton is managing director for Chaffe & Associates Inc., chargeable for the company finance actions of the agency. Mitch Murray is a company finance analyst with the agency. Funding banking companies are offered by Chaffe Securities Inc., member FINRA/SIPC. For extra info, go to http://chaffe-associates.com.