Two Deals for Wiley & Sons
Publishing company John Wiley & Sons in Hoboken announced on Nov. 5 it paid about $24 million to acquire e-learning provider Efficient Learning Systems of Sedona, Az. On Nov. 8, Wiley announced its reference books portfolio, including the CliffNotes line, had been acquired by publisher Houghton Mifflin Harcourt Publishing in Boston.
Town Crossing Sold for $13.5M
JS Hovnanian & Sons, a real estate developer in Mount Laurel, announced on Nov. 5 it sold shopping area Town Crossing Shopping Center in Burlington Township to real estate investment firm Hampshire Real Estate in Morristown for about $13.5 million.
Xpect Acquired by ISS
Technology company Intelligent Software Solutions (ISS) in Colorado Springs, Colo., announced on Nov. 15 its acquisition of Xpect Software, a law-enforcement data analysis company in Mount Laurel.
AIS Fund Administration Acquired
Mutual fund manager US Bancorp Fund Services in Milwaukee, a subsidiary of banking provider US Bancorp in Minneapolis, announced on Nov. 13 its acquisition of AIS Fund Administration, a provider of fund administration services in Hackensack.
Acquisition for Retirement Planner
Northeast Professional Planning Group, retirement plan consultants in Red Bank, announced Nov. 9 it acquired Alan T. Nahoum Inc., a pension-management company in Tarrytown, N.Y.