Acquisition

Eric Ingvaldson

  Acquisition Expected to Triple Annual Revenue Strong Fit with Pineapple’s Customer-centric Model (Minnetonka, MN) — Nov. 10, 2022  — Pineapple Energy Inc., a leading provider of sustainable solar energy and back-up power to households and small businesses, today announced the acquisition of SUNation Energy, a New York-based installer of solar and battery energy storage systems for residential and small commercial customers. The transaction closed on November 9, 2022. SUNation

SAATI Acquisition of IKONICS

(Duluth, MN) — Aug. 15, 2022 — SAATI to acquire IKONICS businesses, reflects another step in SAATI’s growth strategy as pre-press global supplier for the screen printing market. SAATI announced that SAATI ADVANCED CHEMICALS, LLC, a newly formed South Carolina limited liability company fully owned by SAATI’s USA subsidiary, SAATI Americas Corp., has entered into a definitive agreement to purchase substantially all of the assets of IKONICS Corporation held in

DSG - Brown Supply

(Plymouth, MN)  — Aug. 2, 2022 — Dakota Supply Group (DSG) is pleased to announce the acquisition of Brown Supply Company in an asset purchase effective August 2, 2022. Founded in 1940, Brown Supply is a leading distributor of Waterworks products such as water/sewer pipes, fire hydrants, marking flags, equipment, and supplies with four locations across Iowa. The current owner, Kevin Doud, will remain with the business. Kevin will become the Region

Granite Bank Acquisition

(Cold Spring, MN) —  May 18, 2022 — Granite Bank, in Cold Spring, MN, announced that it has entered into an agreement to acquire Maple Bank, headquartered in Champlin, MN.  Maple Bank is a single-location community bank founded in 2003, with assets totaling approximately $95 million.  Upon closing of the transaction, Granite Bank will have approximately $240 million in assets. Gerald Reiter, President & CEO of Granite Bank, commented, “We are proud to be acquiring Maple