Merger & Acquisition News

NEWTON, Mass.--(BUSINESS WIRE)--Tremont Mortgage Trust (Nasdaq: TRMT) today announced that, on September 10, 2021, three proxy advisory firms that advise institutional investors, Institutional Shareholder Services Inc., or ISS, Glass Lewis & Co., LLC, or Glass Lewis, and Egan-Jones Proxy Services, or Egan-Jones, have all recommended that shareholders vote “FOR” the previously-announced merger of TRMT with and into RMR Mortgage Trust (Nasdaq: RMRM) at the special meeting of TRMT shareholders...

NEWTON, Mass.--(BUSINESS WIRE)--RMR Mortgage Trust (Nasdaq: RMRM) today announced that, on September 10, 2021, three proxy advisory firms that advise institutional investors, Institutional Shareholder Services Inc., or ISS, Glass Lewis & Co., LLC, or Glass Lewis, and Egan-Jones Proxy Services, or Egan-Jones, have all recommended that clients of RMRM vote “FOR” the issuance of shares, or the RMRM Share Issuance Proposal, in connection with the previously-announced merger of RMR Mortgage Trus...

SUNNYVALE, Calif.--(BUSINESS WIRE)--JFrog Ltd. (“JFrog”) (NASDAQ: FROG), the Liquid Software company, today announced the acquisition of Upswift, the creators of connected device management software for developers. The combined companies aim to deliver the industry’s first complete development-to-device platform that bridges the gap between current IoT software silos and common DevOps processes, such as dependency scanning, CI/CD, artifact management, shifting left for application security, sof...

EDEN PRAIRIE, Minn. & REHOVOT, Israel--(BUSINESS WIRE)--Stratasys Ltd. (NASDAQ: SSYS), a leader in polymer 3D printing solutions, highlighted today at the RAPID + TCT Show solutions for advancing additive manufacturing at production scale, including new innovative material offerings, an expanded software partner ecosystem, and the availability of new polymer 3D printing systems for the U.S. market. “We are at the forefront of the shift to full-scale additive manufacturing, powered by 3D printin...

BELLEVUE, Wash.--(BUSINESS WIRE)--Edifecs, Inc., a health information technology solutions company, announced today that it has acquired Talix, an information technology company that provides risk and quality solutions to healthcare payers and providers. The integration of Edifecs’ and Talix’s technologies will create an expanded risk adjustment solution with critical workflows and insights that improve efficiencies and directly support payer and provider collaboration. “The more we learned abo...

DALLAS--(BUSINESS WIRE)--Paragon Innovations, a privately held Engineering Design Services firm based in Richardson, Texas was acquired by TTI’s Exponential Technology Group (XTG), a leading specialty distributor of electronic components. Paragon Innovations will continue to operate under the Paragon Innovations brand name, and Michael Wilkinson, company founder will remain in charge of the business as Vice President and General Manager, reporting to XTG President, Michael Knight. “After more t...

LOS ANGELES--(BUSINESS WIRE)--Monte Nido & Affiliates (“Monte Nido” or the “Company”), a portfolio company of Levine Leichtman Capital Partners (“LLCP”), announced today that it has completed its acquisition of Walden Behavioral Care (“Walden”). Monte Nido is one of the nation’s most established and premier eating disorder treatment providers. Founded in 2003 and based in Waltham, Massachusetts, Walden is an industry pioneer, offering inpatient, residential, partial hospitalization and inte...

MCLEAN, Va.--(BUSINESS WIRE)--Booz Allen Hamilton (NYSE:BAH) today announced that it has completed the acquisition of Tracepoint, an industry-leading digital forensics and incident response (DFIR) company serving public and private sector clients. Booz Allen exercised its option to acquire the remainder of Tracepoint’s business after making an initial strategic investment in Tracepoint in January 2021. This transaction is part of a broader capital deployment strategy to accelerate Booz Allen’s...

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies to acquire Farrar Scientific....

SAN FRANCISCO & Remote-First-Company / ST. LOUIS--(BUSINESS WIRE)--TPG Pace Tech Opportunities (NYSE: PACE), a publicly traded special purpose acquisition company, today announced that it expects all conditions to be met, including minimum cash proceeds, to complete its previously announced business combination with Nerdy, a leading platform for delivering live online learning. Based on the number of public shares submitted for redemption, the transaction is expected to raise more than $575 mil...