January 2006

$600 million software provider Infor, Atlanta, GA, has agreed to acquire Datastream Systems Inc., Greenville, S.C., ($94 million in 2004 revenues) for $10.26 per share in cash. The transaction is expected to be complete in the second quarter of 2006.The acquisition will be financed through Infor’s current cash balance, debt financing and equity capital to […]

MSC Industrial Direct Co., Melville, NY, a distributor of MRO supplies to industrial customers in the U.S., reported its earnings were up 12.4% in the first quarter of its fiscal year 2006. Profit was up 22.9%. For the first quarter of fiscal 2006, net sales rose to $295.9 million from net sales of $263.3 million

Airgas Inc., Radnor, PA, ($2.4 billion in 2005 revenues) has acquired Oxygen Service Company Inc., Macon, GA, with four other locations in central and southern Georgia. In a separate transaction, Airgas also acquired Alabama Cylinder Gas with one location in Enterprise, AL.The six new locations, which together had more than $7 million in annual sales