Business Sales

Two members of a global renewable energy group of companies recently purchased a building in Augusta, according to Jordan Trotter Commercial Real Estate. TEXEL Energy Innovations Inc. and Transition Energy Inc. bought an 11,000-square-foot garage/flex space located at 1228 Gordon Highway. The Finem Group with Meybohm Commercial Real Estate sold the building, which contains 1,500 square feet of office space. TEXEL, a Swedish-based company, has developed a 100 percent recyclable storage solution that charges within minutes and lasts more than 100 years, according to the company’s website. This technology was

A large downtown medical office building is under new ownership, according to Jordan Trotter Commercial Real Estate. The 21,430-square-foot building, which was built in 2002, is located at 630 13th St. near Piedmont Augusta and Augusta University Medical Center. Its tenants include Augusta Vascular Center and Hanger Clinic. Augusta Vascular Center treats a variety of conditions, including varicose veins, uterine fibroids, and peripheral artery disease. Hanger Clinic is a national healthcare company that provides prosthetic and orthotic services. One 3,462-square-foot medical suite is available for rent in the building. For

The focus of our “Mondays with Rick” column this week is the pros and cons of selling your company to a private equity firm. In today’s business minute, ABD Publisher Neil Gordon says it almost happened with Southern Industries.

Editor’s Note:   Dr. Rick Franza, is the Dean of the Hull College of Business who discusses a different, timely business topic each Monday in this column. This week, we’re looking at the sale of CSRA businesses. The interview has been edited for clarity and impact. ABD: Rick, in the last few years and months a number of high-profile CSRA companies have sold their businesses. TaxSlayer, Club Car, Rec-Teq and most recently, Southern Industries (Southern Siding). What are the owners thinking about? Rick: It really comes down to control, money

Maranda Carruth has always wanted to be a business owner, but she wasn’t sure what type of business it would be. Carruth will officially take over the Kona Ice of Western Augusta franchise on Saturday, Jan. 1, 2022, but she has been preparing for this new role for the last three years by learning the business from the current franchise owners, Dean and Denise Dozier. Dean is retiring, and Denise plans to continue working with the business for now. “It will be nice to have her around while I’m learning,”