Waverly Advisors acquires Indiana firm; Dothan road builder buys 2 companies; Report: Alabama real estate may rebound in 2024; Paula Deen’s Owa restaurant shuts down; Lake Martin restaurant closes after fire

Birmingham-based Waverly Advisors, a wealth management company, has purchased StrategIQ Financial group, based in Merrillville, Indiana

Waverly Advisors acquires Indiana firm

Birmingham-based Waverly Advisors, a wealth management company, has purchased StrategIQ Financial group, based in Merrillville, Indiana. The acquisition increases Waverly’s assets under management by about $1.5 billion, the company says. – Waverly Advisors

Dothan road builder buys 2 companies

Dothan-based Construction Partners, which specializes in the construction and maintenance of roadways in six southeastern states, has acquired SJ&L General Contractor, based in Huntsville, and Littlefield Construction Co., based in Waycross, Georgia. The former is a hot-mix asphalt and sitework company and the latter a soil base, surface treatment and sitework company. – PR Newswire

Report: Alabama real estate may rebound in 2024

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Data from the Alabama Association of Realtors shows that Alabama’s stagnant housing market may be poised for a rebound in the coming year. The report points to positive indicators such as declining interest and inflation rates. – Alabama Political Reporter

Paula Deen’s Owa restaurant shuts down

Paula Deen’s Family Kitchen at Owa in Foley abruptly shut its doors on Wednesday. Employees showing up for work were told to hand in their keys and leave. – News 5

Lake Martin restaurant closes after fire

A fire at Alexander City’s SpringHouse restaurant in late December has forced the restaurant to close indefinitely for “restoration and repair.” Executive chef Rob McDaniel and his wife, Emily, opened SpringHouse in 2009. – AL.com

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