"The acquisition of A&M Electronics Supply is a great addition to Northpoint Technologies, Inc. (NTI)," said new owner Hector Macias, President of NTI. 

"A&M opens additional markets for NTI, enhances our core competencies, and puts us in a position to offer a wider variety of products to a larger, more diversified customer base.  As a division of the NTI family, A&M can now take advantage of our manufacturing locations in Mexico, Asia, and the U.S. to allow the company to offer very competitive pricing with unsurpassed quality and service," Macias further explained.

A&M is an electronics manufacturer and distributor that has been serving the energy, health care, transportation, OEM, military and aerospace industries since 1989. It has received many accolades, such as "Commitment to Excellence," "Supplier of the Year," "Subcontractor of the Year," and "Certificate of Achievement" awards from industry groups and associations.

A&M had good books and records which made for a smooth review of the business for Macias during due diligence. Macias plans to move A&M to NTI's location in El Paso sometime in the future.

Bill Chan, former owner of A&M, a family man and father to three grown boys, just had their first grandbaby. Chan said, "I plan to take it easy for a while, travel, and enjoy my family."

Richard Gaubert is the buyer of Carpet Stretching TX and is CEO of Ambassador Services in Houston. Gaubert is a former college professor and owns a group of janitorial and carpet cleaning businesses that are headed up by a CFO, administrative staff, and technicians. He has a management team and staff run his businesses so he can work on growing and marketing them.

"Carpet Stretching is an excellent, complementary addition to my existing group of companies," said Gaubert.

Carpet Stretching TX has been providing multi-service carpet cleaning and repair to in the Greater Houston Metro area for ten years. Terrell Poland, the former owner, had 25 years of experience in the industry and positioned the company to provide prompt, reliable, honest service with master-quality craftsmanship at a very competitive price, resulting in a repeat customers base and word-of-mouth advertising. The business comes with an excellent website with extensive on-line customer reviews, a strong internet presence, A+ BBB rating, and A+ Angie's List rating.

Poland and his wife plan to go into the restaurant business together.  They have already completed their restaurant education and aim to embark on their new venture later this summer.

CBB wishes both parties the best of luck in their new endeavors.