Tue, April 16, 2024

Mergers/Acquisitions

B2B Stories

Ownership of CSRA Racquet Club is changing hands

The Petersburg Racquet Club, located at The Pass, will be under new ownership, effective May 1. Owners, Craig and Gail Jones announced on the club’s Facebook page (www.facebook.com/prctennis) that PRC will become part of the Columbia County Parks and Recreation system at the beginning of the month. A separate news release from the county said commissioners voted to purchase the facility during their April 18 regular meeting. “Petersburg Racquet Club has a long, rich history of tennis in Columbia County, and the county is excited about the future of this

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Mergers/Acquisitions

Evans Vietnamese restaurant merges with similar Augusta eatery

A long-time Evans Vietnamese restaurant has closed its doors permanently and relocated to a similar restaurant in Augusta. Pho Bac located at 4300 Towne Centre Drive off Washington Road in Evans has moved to Pho Augusta Grill & Bar located at 4045 Jimmie Dyess Parkway, according to one of its employees. “We’ve been open for about two and half years, but we just merged together,” the employee said. She said she wasn’t sure why the owners of Pho Bac decided to merge the two eateries. Pho Augusta serves a variety

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Mergers/Acquisitions

Local real estate phenom purchases agency

24-year-old Noah McBride is wise beyond his years. Perhaps, he learned it from his grandpa Tommy McBride, who is working in his 55th year in local real estate, or from his old boss, Larry Miller, the former broker of Century 21 Larry Miller Realty. On New Year’s Day, Noah assumed control of the brokerage Miller had owned for 36 years. “I’m excited for the legacy he is leaving behind and to continue what he’s built,” said the three-year real estate agent from his temporary offices at 4426 Washington Road in

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B2B Stories

Long-time Augusta architects merge with Carolinas-based firm

Virgo Gambill Architects, a fixture in Augusta for nearly 40 years, has merged with McMillan Pazdan Smith Architecture, a firm with offices throughout the Carolinas and Georgia. The merger took place on Dec. 7. Virgo Gambill Architects, a collaboration of Steve Virgo and Joe Gambill, has served the Augusta, Evans, North Augusta, Aiken, and surrounding communities since 1984 in a wide range of areas ranging from healthcare to government and from churches to commercial. Notable works in the area include the Richmond County Municipal Building, True North Church, Augusta Regional

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B2B Stories

Trucking company expands with purchase of longtime dealership

Matthews Motors, a truck and trailer service company in Augusta, has acquired Venture Auto Sales of Augusta. The acquisition joins two long-standing and successful family-owned businesses in the CSRA. With the acquisition, Matthews will have a complete portfolio of sales of light-, medium- and heavy-duty trucks to go along with its reputation for providing quality service for all makes and models. Matthews will keep all of Venture’s employees to expand its pre-owned automotive division. Matthews Motors has been in business since 1991, but has been steadily expanding its services. Earlier

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B2B Stories

Augusta-based staffing and technology company acquires software company division

An Augusta-based workforce solutions company has expanded by acquiring a division of a major Southeastern software company. MAU Inc. now owns Doozer Software’s project services and staffing division. That division will become a part of 3ci, MAU’s technology solutions division. Doozer is based in Birmingham, Ala. “The acquisition of Doozer opens new avenues of growth for both companies to leverage our combined 65 years in business,” said MAU CEO, Randall Hatcher. “This creates amazing opportunities for us to broaden our current offerings to better serve our clients nationwide.” MAU Inc.

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B2B Stories

Corporation buys longtime Augusta-based HVAC business

When the temperature is 105 degrees and your house feels like the Sahara Desert, you need your air conditioning fixed right away. A local company that’s been repairing and replacing heating and air conditioning systems for 96 years is now under new ownership. Sig Cox Heating and Air Conditioning, which was founded in 1926 by Sigman Cox, has been sold to JSM Family Holdings Corp. for an undisclosed amount. The company’s president, Jeff Miller, will serve as CEO of Sig Cox. “As new owners, my wife, Suzi, and I see

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B2B Stories

Engineering firm with local office joins professional services network

A Southeastern engineering firm has formed a partnership with a major professional services company. Cranston Engineering Group, P.C., which has offices in Augusta, Charleston, and Hilton Head, provides many services, including civil and structural engineering and planning. Based in St. Louis, The HFW Companies invest in engineering firms like Cranston. “This partnership with HFW will give Cranston a new platform on which to strengthen our presence in the communities we serve across both Georgia and South Carolina while allowing us to forge ahead in growing the Cranston brand,” said company

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B2B Stories

Two major business services firms to merge

A major business services firm with a local office and a Texas-based accounting firm have announced they are merging. Elliott Davis, LLC, which has eight locations throughout the Southeast, including one at 1 10th Street, Suite 400 in downtown Augusta, will merge with Whitley Penn LLP to form Elliott Penn LLP. Founded in 1920, Elliott Davis offers a variety of services, such as tax preparation, business valuation consulting, and forensic accounting. Founded in 1983, Whitley Penn also offers many services to its clients, which include audits, strategic consulting, and wealth

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B2B Stories

Two local marketing firms combine operations and services

One of CSRA’s largest full-service advertising and marketing companies is about to become even larger. The M3 Agency, located at 229 Furys Ferry Road, Suite 123 in Augusta, has announced its merger with another local firm, Emineo Marketing. M3, which stands for Mass Media Marketing, offers a variety of services, such as graphic design, website development, and video production. The agency serves businesses in the manufacturing, banking, medical and retail industries, among others. Emineo also offers a range of services that include branding, social media marketing, and event planning. The

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