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December 12, 2017

Around the State

| 4/1/1997
Boca Raton

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- CompScript (Nasdaq SmallCap-CPRX) signed a letter of intent to acquire institutional pharmacy services company Campo Medical Pharmacy of Metarie, La. CompScript provides integrated pharmacy services throughout the Southeast.

Broward County

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- Media Printing will move its headquarters from Dade to Broward County. Media Printing, which employs 140, will hire an additional 60. Deerfield Beach - OutSource International moved its headquarters from Boca Raton to a larger facility in Deerfield Beach. OutSource is a staffing company with almost 28,000 full-time, leased and temporary employees in 32 states.

Delray Beach

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- Integrated Healthcare Solutions and ALLTEL Information Services-Healthcare, a subsidiary of ALLTEL Corp. (NYSE-AT), will merge into a single healthcare technology company - Eclipsys. The deal is worth an estimated $130 million in debt financing and investment equity.

Fort Lauderdale

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- Staffing company Interim Services (NYSE-IS) acquired AimExecutive Holdings of Ohio for $32.9 million in cash and contingent payments. AimExecutive, with 30 offices throughout the U.S. is the fourth-largest outplacement company in the nation. Interim operates almost 1,000 offices worldwide and had annual sales of $1.8 billion in 1996.

Miami

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- Maryland-based UNC Inc., the world's largest independent aviation services company, will merge with the world's largest independent gas turbine engine repair company, Miami-based Greenwich Air Services (Nasdaq-GASI), in a deal worth roughly $320 million. The resulting company will employ more than 10,000 worldwide.

Spec's Music (Nasdaq-SPEK) will restructure its headquarters, consolidate its advertising and promotion departments, and eliminate its distribution center. The company will lay off 54 as a result and save $2 million annually.

Port of Palm Beach

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- Cheney Brothers will move into a new 225,000-square-foot office and warehouse at the Port of Palm Beach and hire 75 additional employees. Cheney is a 70 year-old food distribution company with more than 2,300 clients throughout the U.S. and Caribbean. Building the warehouse is Catalfumo Construction and Development, one of south Florida's leading commercial developers.

Tags: Florida Small Business, Politics & Law, Southeast, Business Florida

Florida Business News

Florida Trend Video Pick

Sting performs with the Florida Orchestra for 50th anniversary gala
Sting performs with the Florida Orchestra for 50th anniversary gala

Sting performed with the Florida Orchestra for their 50th anniversary gala Saturday, Dec. 9, 2017 at the Mahaffey Theater in St. Petersburg. The Rock & Roll Hall of Fame rocker belted some of his biggest hits while conductor Michael Francis led the orchestra.

Earlier Videos | Viewpoints@FloridaTrend

Ballot Box

How has the restaurant scene in Florida changed over the past 20+ years?

  • A lot - there's much more variety
  • Some - there are more restaurants but many are overpriced or mediocre
  • Not much - newer restaurants have driven out too many mom-and-pop places
  • Not sure - haven't been here long enough
  • Other (comments welcome)

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