Spire Capital Acquires SalvageSale

Spire Capital has acquired SalvageSale Inc., a Houston, Texas-based online marketplace and services provider for commercial insurance salvage and corporate end-of-life assets. The deal was done in partnership with company management, while sellers included Securitas Ventures, American Re and Merrill Lynch Ventures. Stifel Nicolaus served as financial advisor to SalvageSale. www.spirecapital.com www.salvagesale.com