Merger & Acquisition News

NEW YORK & ST. HELIER, Jersey--(BUSINESS WIRE)--Gen II Fund Services, LLC (“Gen II”), a leading independent private capital fund administrator, today announced it has signed a definitive agreement to acquire Crestbridge, a preeminent European provider of private capital fund administration solutions. The transaction is expected to close in due course following customary regulatory approvals. Terms of the transaction were not disclosed. With the addition of Crestbridge’s Private Equity and Real...

LOWELL, Mass., & WESTON, Fla.--(BUSINESS WIRE)--UKG has completed the acquisition of Immedis, a global payroll provider with technology and services supporting over 160 countries and 120 currencies....

WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Marsh McLennan Agency, a subsidiary of Marsh, today announced the acquisition of Arlington Heights, Illinois-based Trideo Systems, a risk management information system (RMIS) provider for health care organizations. Terms of the acquisition were not disclosed. Founded in 2008, Trideo’s RMIS platform enables health care clients nationwide to efficiently manage risk from its inception as an adverse event, to its eventual resolution through the claims process, s...

ROCHESTER, N.Y.--(BUSINESS WIRE)--Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration services, enterprise asset management services, and value-added distributor of professional grade handheld test, measurement and control instrumentation, announced that it has purchased all of the capital stock of privately-held SteriQual, Inc. (SteriQual), effective July 12, 2023. The purchase price of $4.25 million was paid in Company stock and is subject...

BOSTON & DENVER--(BUSINESS WIRE)--ProcessUnity and CyberGRX announced today that the Third-Party Risk Management (TPRM) leaders have joined forces, creating the industry’s most powerful software and data platform to accelerate customers’ ability to identify, assess, analyze and ultimately reduce risk within their ecosystem. The combined company, which will continue to offer both products to new and existing customers, will merge the best-in-class TPRM workflow platform with the world’s largest...

VANCOUVER, British Columbia & SAN JOSE, Calif.--(BUSINESS WIRE)--Absolute Software Corporation (NASDAQ: ABST) (TSX: ABST) (“Absolute” or the “Company”) announced today that 1414364 B.C. LTD. (the “Purchaser”) has obtained a no objection notification under Australia’s Foreign Acquisitions and Takeovers Act 1975 (the “FATA”) in connection with the previously announced acquisition of all of the outstanding shares of Absolute (the “Shares”) by the Purchaser, an affiliate of Crosspoint Capital Partn...

BOSTON--(BUSINESS WIRE)--Fortis Life Sciences, LLC (“Fortis”) has acquired Toronto-based International Point of Care, Inc. (“IPOC”). IPOC develops and manufactures key components used in diagnostics, including lyophilized reagents, membranes, recombinant proteins, and controls. With this acquisition, Fortis can provide its customers with a customizable, end-to-end solution to advance their immunodiagnostic and molecular diagnostic products. IPOC’s recently expanded 36,000 sq. ft. facility is Fo...

QUIMPER-PARIS, France & TRENTO, Italy--(BUSINESS WIRE)--Verlingue announces the acquisition of a majority stake in the insurance broker INSER, in line with its Verlingue 2024 strategic plan to create a major European, family-owned, independent insurance broker. This move to acquire a stake in the Italian market consolidates this ambition: Verlingue has chosen Italy as its fifth country of operations after France, the UK, Switzerland and Portugal. INSER is Verlingue's 7th international acquisiti...

CHALFONT ST PETER, England--(BUSINESS WIRE)--RWS Holdings plc (“RWS”) today announces the acquisition of Dublin-based Propylon Holdings Limited (“Propylon”), a provider of content creation, management and publishing solutions for the government, legal, assurance, audit and publishing industries. Over the past 20 years Propylon has been helping governments standards bodies, legal publishers and regulated firms to solve the complex content challenges involved in drafting, amending, publishing and...

SYDNEY--(BUSINESS WIRE)--Nomura Research Institute (NRI) Australia & New Zealand today announced that Microsoft solutions partner Velrada has been integrated into NRI ANZ from July 1, 2023. Velrada was acquired by NRI ANZ in March 2022, and the announcement marks a new chapter in the company’s history, with co-founders Robert Evans and Jennifer Evans stepping away from the business from July 31, 2023. NRI ANZ CEO Dean Langenbach said: “Velrada has had an impressive year, and we are delighte...