Azimuth Technology In Naples News Today : Breaking News, Live Updates & Top Stories | Vimarsana

A hot streak in mergers and acquisitions globally has been felt locally.
The trend has resulted in some big deals for local entrepreneurs and investors in a little more than six months.
One of those big deals involved the acquisition of a company based in Gainesville that generated a record payout to a Naples-based investment fund.
Investors in Tamiami Angel Fund I earned more than 10 times the money they put into the company, known as Fracture, with their exit, according to the fund s chairman. The business, started by two University of Florida graduates, prints frameless photos on glass. 
Other eyebrow-raising deals include the sale of two longtime, successful manufacturers in Southwest Florida: Storm Smart in Fort Myers and Azimuth Technology in Naples. While the values of those deals haven t been disclosed, market watchers estimate both transactions run into the multimillions. ....

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