Merger & Acquisition News

FREMONT, Calif.--(BUSINESS WIRE)--Penguin Solutions announced today that its Penguin Computing group has acquired all software and intellectual property assets of Colorado Code Craft....

ELMORE CITY, Okla.--(BUSINESS WIRE)--Old Glory Holding Company has cleared regulatory hurdles to purchase First State Bank of Elmore City, Oklahoma, an agreement both sides entered on March 12, 2022, and which the parties intend to close on November 30, 2022. First State Bank was founded in 1903 and will be renamed Old Glory Bank. Old Glory Bank will be a chartered, FDIC insured bank, providing digital-first banking solutions throughout America. Explains Dr. Ben Carson, who is the former Secret...

DALLAS--(BUSINESS WIRE)--Concentric, LLC, and OnPoint Group Company, acquires Texas Motive Solutions....

PADUCAH, Ky.--(BUSINESS WIRE)--Computer Services, Inc. announced today the completion of its acquisition by private equity firms Centerbridge and Bridgeport....

WALNUT CREEK, Calif.--(BUSINESS WIRE)--Relation Insurance Services, Inc. (“Relation”) acquired the assets of Garrity Insurance (“Garrity”). The transaction went into effect on November 1, 2022; terms of the transaction were not disclosed. “We joined Relation knowing that this partnership would enable us to better serve our customers,” Bill Garrity, President of Garrity Insurance said. “Partnering with Relation will allow us to tap into great resources of specialized expertise and a broad networ...

CHARLOTTE, N.C.--(BUSINESS WIRE)--Summit Park is pleased to announce the sale of its portfolio company Aspirent Consulting (“Aspirent” or the “Company”), a data and analytics and digital transformation consultancy, to NTT DATA. Aspirent, headquartered in Atlanta, GA, provides end-to-end solutions across data and analytics, professional services, and cloud development and is focused on executing complex, enterprise-scale analytics initiatives for Fortune 500 clients. The Company’s highly experie...

NEEDHAM, Mass.--(BUSINESS WIRE)--IDC has acquired ETBS, an IT benchmarking and assessment firm that offers extensive price, service, and cost data in over 45 countries....

WILMINGTON, Del.--(BUSINESS WIRE)--Alexion, AstraZeneca Rare Disease, today announced the completion of its acquisition of LogicBio® Therapeutics, Inc. (NASDAQ: LOGC), a pioneering genomic medicine company. The acquisition creates an opportunity to accelerate Alexion’s growth in genomic medicines through unique technology, an experienced rare disease R&D team, and expertise in pre-clinical development. Frederic Chereau, CEO of LogicBio, will join Alexion as Senior Vice President, Strategy a...

REDWOOD CITY, Calif. & RESEARCH TRIANGLE PARK, N.C.--(BUSINESS WIRE)--Kriya Therapeutics, Inc., today announced the acquisition of Redpin Therapeutics, Inc....

RICHMOND, Va.--(BUSINESS WIRE)--Bowlero Corp., (NYSE: BOWL) the global leader in bowling entertainment, announced today that it has completed the acquisition of The Mark located outside of Omaha, NE. This is the Company’s 14th completed acquisition in calendar year 2022. Brett Parker, President & Chief Financial Officer of Bowlero Corp. stated, “We are happy to announce the completion of our latest acquisition, strengthening our footprint in the key market of Omaha.” The Mark, located in El...