$117M Buy for Provident Financial
Team Capital Bank of Bethlehem, Pa., announced on Dec. 20 it has been acquired by fellow bank operator Provident Financial Services Inc. in Iselin for about $117 million in cash and stock.
Printcbf Makes Acquisition
Print-media company Printcbf announced on Dec. 23 it has acquired business-form printer Kurtzman Business Forms in Bridgewater. The two will combine in Printcbf’s Cedar Knolls offices.
PSE&G Acquires 2 Power Plants
PSE&G, an energy company in Newark, announced on Dec. 23 its acquisition of two solar power plants in Shasta County, Calif., from solar power company Canadian Solar in Ontario. The two plants will form the PSE&G Shasta Solar Farm.
Paradigm Packaging Acquired
Graham Partners in Newtown Square, Pa., announced on Dec. 23 its subsidiary, bottle and container distributor Scandia Plastics in Sheboygan, Wis., acquired plastic-packaging manufacturer Paradigm Packaging in Saddle Brook from fellow private equity firm Linsalata Capital Partners in Mayfield Heights, Ohio.
Acquisition for China Construction
China Construction America Inc., a contractor in Jersey City and a division of China State Construction Engineering Corp. in Beijing, announced on Dec. 20 it acquired construction firm Plaza Construction from real estate firm Fisher Brothers, both in New York City.