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Kirkland, Russ, Murphy & Tapp P.A., based in Clearwater and one of Tampa Bay's largest accounting firms, was acquired by public company CBIZ Inc., of Cleveland, for an undisclosed amount.
KRMT, in business since 1991, currently employs 75 associates, and generates $12 million in annual revenues.
The acquisition is expected to add $0.01 in per-share earnings to CBIZ's financials. In 2009, it earned $31.4 million in profits on $739.7 million in revenues.
Great Expressions Dental Centers buys Tampa dental practice
Bloomfield Hills, Mich.-based Great Expressions Dental Centers has acquired certain assets and begun a long-term agreement to manage the dental practice of Dr. John Dos Passos in Tampa.
Dr. Dos Passos' eight-year-old practice provides complete family dental care, including cosmetic and full-mouth dental reconstructions. The Great Expressions network now has 22 dental centers in the Tampa/St. Petersburg area.
Great Expressions Dental Centers is a privately owned dental practice management company with 134 affiliated practices in seven states.
WFLA-TV in Tampa launches mobile digital TV
WFLA-TV, the NBC affiliate in Tampa, is the first broadcast television station in the market and the second Media General station to launch mobile digital television.
The real-time local broadcast service, which began during the week of Oct.11, is available on laptops, mobile phones and other portable devices.
Mobile DTV allows broadcasters to provide local content to mobile devices, including live and on-demand video. Some devices have a “chipset” already built in to receive the signal, while others require an external tuner, available at retail stores. Research shows that mobile-equipped consumers watch more television.
“In addition to now offering Mobile DTV in two TV markets, we [plan on] extending our reach to 4-6 additional markets in the coming months,” Marshall Morton, president and CEO of Media General, said in a press release. “We already serve a growing audience over numerous personal wireless devices with our e-mail, APPs, SMS, and mobile website services. We also are pleased to be [one] of 12 broadcasters who comprise the vanguard for Mobile DTV.”
Formulated Solutions Inc. quadrupling space, adding jobs
Largo-based Formulated Solutions has announced plans to move from a 30,000-square-foot to a 140,000-square-foot facility, and add 60 new high-wage pharmaceutical jobs over the next few years.
The company received assistance in finding the new facility from Pinellas County Economic Development.
“Redevelopment opportunities like this make for terrific retention tools,” explained Danielle Ruiz, business development manager for PCED, in a press release. “Using our contacts throughout the county and our real estate database, we were able to help Formulated Solutions find the right property for its expansion, and repurpose an existing vacant facility at the same time. Our staff keeps tabs on vacated parcels and buildings to assist businesses wanting to expand and/or relocate.”
Formulated Solutions has worked with PCED since early 2004. Previous projects included an expansion in 2008 that took the company from 15,000 square feet to more than 30,000.
The company develops, manufacturers and packages aerosols, tubes, liquids and semi-solids.
Sarasota Memorial Health Care makes interim CFO permanent
Sarasota Memorial Health Care System has officially named William Woeltjen as chief financial officer. He was treasurer and then became interim CFO in July when David Verinder became chief operating officer.
Sarasota Memorial CEO Gwen MacKenzie said in a press release, “His depth of knowledge and experience with budget forecasting and project financing will be of particular importance in the months and years ahead as we build our new bed tower and strive to provide the best medical technology and care to our community.”
Before joining Sarasota Memorial in 2007, Woeltjen was corporate treasurer and chief financial officer for University Community Health in Tampa.
Arthrex, MicroAire Surgical settle on carpel tunnel suit
Charlottesville, Va.-based MicroAire Surgical Instruments LLC and Naples-based Arthrex Inc. have reached a settlement approved by the U.S. District Court for the Western District of Virginia in a lawsuit accusing Arthrex of patent infringement and breach of contract.
The case focused on patented technology that MicroAire owns for a minimally invasive treatment for carpal tunnel syndrome. As a result, MicroAire will license its patented ECTR technology to Arthrex for an undisclosed fee, and both companies will maintain MicroAire's practice of requiring surgeon training for this procedure.
MicroAire Surgical Instruments designs, manufactures and distributes surgical products for orthopaedic power instruments, endoscopic soft-tissue release, and aesthetic plastic surgery.
Arthrex develops and sells sports medicine products and provides educational services for orthopaedic surgeons.
US Natural Gas Corp. starts production at four wells
US Natural Gas Corp. in St. Petersburg said it recently placed four oil wells into production.
They are the Butler Davis No. 1 and the J Lakin No. 2 wells, both obtained from Wilon Resources Inc., plus the Detweiler No. 1 and the Thompson No. 1 wells, in Hart County, Ky., acquired earlier this year. Each well is expected to produce one to two barrels of oil a day.
Wayne Anderson, president of US Natural Gas Corp., said in a press release, “Over the course of the next two quarters, we will stay focused on achieving our ultimate goal of 500 plus barrels of production monthly.”
The independent energy company focuses on acquiring and developing mature long-lived oil and natural gas properties, and currently has 17,000 acres of mineral rights leases and interests in 150 wells in Kentucky and West Virginia.
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