Jo-Lynn Brown

Morgan Automotive Group acquires Wilde dealerships in Sarasota

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The Morgan Automotive Group, based in Tampa, has acquired Wilde Automotive Group’s Sarasota dealerships. The three dealerships will be renamed to be the all-new Lexus of Sarasota, Honda of Sarasota and Jaguar Land Rover Sarasota, according to a statement. “We have been doing business in the Sarasota market now for over a decade with our … Read more

Tampa Bay Wave to relocate to new office space

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Tampa Bay Wave, a startup accelerator in Tampa, is moving its offices into a new downtown location, across the street from its current location. This new location will better accommodate the organization’s expanding programs and growing membership, according to a statement. The move is to accommodate the increased demand on Wave membership, and in-person programming … Read more

Medical Technology Associates announces an investment by PNC Riverarch Capital

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Medical Technology Associates, a Pinellas Park-based provider of equipment, testing, maintenance and certification services for medical gas systems and clean rooms, has announced an investment by PNC Riverarch Capital, a middle-market equity firm, based in Pittsburgh, Pennsylvania. “We are excited to join forces with PNC Riverarch. We have spent years building the infrastructure to support … Read more

Compass Group Equity Partners acquires Florida Energy Water & Air

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Close-up of two business professionals in suits shaking hands during a meeting.

LCG Capital Advisors has announced the strategic partnership between Florida Energy Water & Air, a fully integrated sales, installation and service contractor providing water treatment systems, water heaters, HVAC and related products, with Compass Group Equity Partners. Terms of the transaction were not disclosed. LCG served as the investment banker to FEWA in connection with … Read more

Cindy Hesterman named CEO of Vistage Florida

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Vistage Florida, an executive membership organization, has named Cindy Hesterman its new chief executive officer. Hesterman, a Tampa Bay area chair for more than 20 years, succeeds board member Mike Earley, who was named CEO when Kelly Scott passed away, unexpectedly, in October 2021. Scott, the son of Horatio Alger award winner Red Scott, had … Read more

Volkswagen of Wesley Chapel partnering with Metropolitan Ministries for a food drive

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Volkswagen of Wesley Chapel and Metropolitan Ministries are partnering up to collect food donations on August 20. The Wesley Chapel Volkswagen location, led by Scott Fink, and Metropolitan Ministries, led by Tim Marks, have worked together to create “Miracles in Pasco,” which collects food and monetary donations to help get homeless Pasco County families off … Read more

FlyUSA and Paradise Ventures scores highest on 5 out of 5 votes in proposal for Clearwater Airpark

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FlyUSA and Paradise Ventures submitted a proposal to the city of Clearwater, on Thursday, for the city’s RFQ 38-22, a fixed-based operator management and real estate development project for Clearwater Airpark. “Our combined vision is to build a state-of-the-art terminal/FBO which will be the catalyst in bringing higher value activities and tenants to the airpark … Read more

The McGuckin Group acquires Key Associates, expanding its women’s leadership development program

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The McGuckin Group, a talent design innovation firm in St. Petersburg, has acquired Tampa-based c-suite leadership development company, Key Associates. The combination of the two entities expands the reach of both companies’ leadership development programs to women around the world. As part of the acquisition, The McGuckin Group welcomes the Key Associates community into The … Read more

Up & Comers: Derek Elschner

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Tampa Bay Business and Wealth presents its first Up & Comers special section.

The Tampa Bay area has no shortage of young talent. With more than 50 nominations for TBBW’s first section, which seeks to celebrate the rising talent in your workplace, and the community, it’s obvious that the future of Tampa Bay is in good hands.

In this first section, we selected eight professionals to highlight, but don’t fret if you turned in materials, or were nominated, and don’t see your recognition yet. We will feature these quarterly and will continue to accept nominations on a rolling basis.

Selection is done internally and is based on both your nomination form and your letters of recommendation.

Want to submit? Email me at Jbrown@ TBBWmag.com.

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MarineMax announces $480 million acquisition of global entity

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Clearwater-based MarineMax (NYSE: HZO), has entered into a definitive agreement to acquire Island Global Yachting, which owns and operates a collection of marina assets and a yacht management platform in global yachting destinations. MarineMax will acquire IGY Marinas for $480 million, in cash, with an additional potential earnout of up to $100 million two years … Read more