Fairfield-based Softgate Systems Inc. is set to be purchased by TIO Networks Corp., a payment processor based in Vancouver, British Columbia, for approximately $31 million. Softgate Systems is a bill payment solutions firm. The deal was announced July 14.
American Tire Purchases NJ Wholesaler
American Tire Distributors Inc. of Charlotte, North Carolina, has bought Albert Tire LLC, a wholesaler based in West Deptford. Almost all of Albert Tire’s assets were purchased and the terms of the deal were not disclosed. American Tire is a national tire supply company.
American Water Acquires Water Service Provider
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