Archived News | 2009-2011

Deluxe Acquires PSPrint

Deluxe Corporation announced today that it has acquired the net operating assets of PSPrint LLC, an Oakland, California-based provider of online printing services, including custom graphic design, direct mailing list creation and direct mail fulfillment.  >more

Deluxe Corp

Swarovski Chamilia Joint Collection

Chamilia CEO Mike Paxton is pleased to announce a strategic cooperation between Swarovski and Chamilia, to develop a co-branded, personalized beaded jewelry collection. >more


Ingram’s Vital Source Acquires VPG

Vital Source Technologies, a division of Ingram Content Group, has announced the acquisition of VPG Integrated Media. Vital Source is a leading provider of e-book platforms, while VPG is a premier provider of enhanced e-textbook applications, interactive learning objects, and e-whiteboard content. Together they serve leading education publishers in their shift from print to digital resources.  >more


Deluxe Corporation acquires Banker’s Dashboard

Deluxe Corporation, based in Shoreview, MN acquired Atlanta, Georgia-based Banker’s Dashboard, a software-as-a-service company that provides banks with daily, on-demand access to their total financial picture.  >more

Deluxe Corp

Cherry Tree Announces New Healthcare IT Research Report on EMR Technology

Cherry Tree & Associates, LLC announced today at HIMSS11, the Healthcare Information and Management Systems Annual Conference and Exhibition, that it has released a new research report on the Electronic Medical Record (EMR) segment of the healthcare IT industry.  >more

Cherry Tree

Cherry Tree Opens North Texas Office

Cherry Tree & Associates, LLC announced today that it has expanded its middle-market investment banking practice into North Texas and appointed Wade Myers as Managing Director of its new Dallas/Fort Worth office.  >more

Cherry Tree

Titan Machinery Announces Entry Into New Credit Agreement

Titan Machinery Inc. announced that it has entered into a new credit agreement, arranged by Wells Fargo Securities, with a syndicate of lenders consisting of Wells Fargo Bank, Bank of America, CoBank, U.S. Bank, Bank of the West, and Bremer Bank.  >more

Titan Machinery

Chamilia, LLC Partners with Brentwood Associates

Brentwood Associates, a leading Los Angeles-based private equity investment firm, announced today that it has made a significant investment in Chamilia, LLC. Chamilia is a leading designer, manufacturer and marketer of high quality, personalized jewelry with a globally recognized brand.  >more


Cherry Tree Sponsors 8th Annual Entrepreneurial House

The Twin Cities entrepreneurial community is coming together for an eighth year to build a Habitat for Humanity house in north Minneapolis.  >more

Twin Cities Habitat for Humanity

CSM Completes Acqisition of Best Brands

CSM, Bakery Supplies North America announced its successful acquisition of Best Brands Corp., one of the largest premium bakery manufacturers in the U.S., effective March 19, 2010.  >more


Aerosim acquired by FTA, LLC

Flight Training Acquisitions LLC (FTA) announces the acquisition of Delta Connection Academy, Inc. and Aerosim Technologies, Inc. Flight Training Acquisitions was formed by equity sponsors Lincolnshire Management, Inc. and GTI Group LLC, Delta Air Lines, Inc. and the management of both businesses for the purpose of acquiring these two businesses.  >more


XATA Raises $30M in Financing, Acquires Turnpike Global

XATA Corporation announced it has received $30 million in funding from Technology Crossover Ventures (TCV) and Trident Capital, and that it has purchased Ontario Canada-based Turnpike Global Technologies (Turnpike) for $20 million in cash and stock.  >more


Richline acquires ‘Mother and Child’ brand

The Richline Group has acquired the intellectual property and distribution rights to Kirchner Corp.’s Mother and Child brand and Janel Russell Designs Inc.  >more

Mother and Child

Hostopia announces two acquisitions

Deluxe Corporation today announced two moves by its Hostopia unit to help expand Deluxe’s Web services customer base.  >more


Titan Machinery CEO Named Entrepreneur Of The Year® 2009 Award Winner in Upper Midwest Regions

Titan Machinery Inc. announced that David Meyer, the Company’s Chairman and Chief Executive Officer, received the Ernst & Young Entrepreneur Of The Year® 2009 Award in the distribution category in the Upper Midwest region.  >more

Titan Machinery

Entrepreneurs House Thrives Despite Economic Headwind

The Twin Cities entrepreneurial community is coming together for a seventh year to build a Habitat for Humanity house.  >more

Twin Cities Habitat for Humanity

Barnes & Noble Acquires Fictionwise

Barnes & Noble, Inc. has acquired Fictionwise, a leader in the e-book marketplace, for $15.7 million in cash.  Barnes & Noble said it plans to use Fictionwise as part of its overall digital strategy, which includes the launch of an e-Bookstore later this year.  >more


Cherry Tree’s Big Exits

Three IPOs in 13 months, and an eight-fold return on their last venture fund. Tony Christianson and Gordon Stofer on the morphing business model that got them there, and what Cherry tree might become next.  >more

Cherry Tree Big Exits

Titan Machinery Closes Acquisition of 9 Dealerships

Titan Machinery Inc. announced today that it has closed on the previously announced acquisition of Western Plains Machinery Co. and WP Rentals, consisting of nine construction equipment locations in Montana and Wyoming. The acquisition closed on January 1, 2009.  >more

Titan Machinery

Capella Education Company Appoints Kevin Gilligan as CEO

Capella Education Company announced today that the board of directors has named Kevin Gilligan as Capella’s chief executive officer. He will start by March 5, 2009. Capella founder Stephen G. Shank, who turned 65 in Dec. 2008, had previously indicated his intention to retire from the chief executive officer position. Shank will stay on in an advisory role during a transition phase and also remain chair of the Capella Education Company board of directors.  >more

Capella University

Titan Machinery Announces Its Inclusion in the NASDAQ Global Select Market

Titan Machinery Inc. announced that it is included in the NASDAQ Global Select Market. The NASDAQ Global Select Market has the highest initial listing standards of any exchange in the world based on financial and liquidity requirements. Prior to the change, the company had been listed on the NASDAQ Global Market.  >more

Titan Machinery