Knight Capital’s $5M Acquisition
Brokerage firm Knight Capital Group Inc. in Jersey Cityannounced on May 25 that it has paid $5 million to acquire financial service provider Penson Futures in Chicago, a division of Penson Financial Services Inc. in Dallas. Knight Capital was represented by Wachtell, Lipton, Rosen & Katz, while Penson was represented by Steven Stone, Thomas Kellerman, Michael Philipp, Robert Mendelson, Harry Robins and Zaitun Poonja from Morgan Lewis & Bockius, both of New York City.
Systech Acquires Apostrophe
Systech International of Cranbury, a provider of packing technology services, announced on May 30 its acquisition of Cloud software company Apostrophe Systems of Philadelphia.
Performance Van Shop Acquired
VCI Mobility of Bethlehem, Pa., announced on May 30 its acquisition of Performance Van Shop of Woodbury. Both provide services that make commercial vans accessible for the handicapped, and sell and rent vans.
Oasis Foods Acquired by AAK
Condiment manufacturer and distributor Oasis Foods in Hillside announced on May 25 it has been acquired by AAK, a manufacturer of vegetable oils in Malmo, Sweden.
Acquisition for NEMC
Educational musical instrument provider National Educational Music Co. in Mountainside announced on May 24 its acquisition of School Musical Suppliers Inc., also known as City Music Center, a provider of orchestra instrument rental services with locations in Kenilworth and Burlington.