Merger & Acquisition News

SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC), the Search AI company, announced it has completed the acquisition of Keep Alerting Ltd (“Keep”), an open source AIOps company that unifies alerts and automates incident remediation, helping users manage alerts to improve operational efficiency and service reliability. “I’m excited to welcome the Keep team to Elastic, merging its world-class open source AIOps and workflow automation capabilities with the speed and scale of Elasticsearch,” sai...

PACIFIC GROVE, Ca.--(BUSINESS WIRE)--California American Water has acquired the Mesa Del Sol water system in the Corral de Tierra area of Salinas. The system was acquired following a project to physically interconnect the Mesa del Sol system with California American Water’s Toro Park system to solve water quality challenges in Mesa Del Sol. The acquisition adds 15 new water connections to the company’s current customer base, which already includes approximately 40,000 connections on the Montere...

DENVER--(BUSINESS WIRE)--Lumen Technologies, Inc. (NYSE: LUMN) today announced it has entered into a definitive agreement to sell Lumen’s Mass Markets fiber-to-the-home business, including Quantum Fiber, in eleven states to AT&T (NYSE: T) for a total of $5.75 billion in cash, subject to working capital and other various purchase price adjustments. The transaction marks another important, bold step in Lumen’s transformation into the leading enterprise digital networking company. “We are shar...

BOCA RATON, Fla.--(BUSINESS WIRE)--Celsius will host an investor call at 4:30 p.m. ET on May 28 to discuss modeling-related questions following the acquisition of Alani Nu on April 1....

SUNNYVALE, Calif.--(BUSINESS WIRE)--Proofpoint, Inc., a leading cybersecurity and compliance company, today announced the acquisition of Nuclei, Inc., a U.S.-based technology company specializing in compliance archiving and AI-driven data enrichment for modern workplace communications. With this acquisition, Proofpoint will further enhance its market-leading digital communications governance (DCG) offering with unmatched capabilities to capture, retain, and analyze communications across workspa...

BOCA RATON, Fla. & LOUISVILLE, Ky.--(BUSINESS WIRE)--Walker Reid Strategies and Blue Energy Group, two nationally recognized leaders in energy tax incentives, announce their merger and the formation of a new company: Walker Blue, LLC. Walker Blue, LLC brings together the strengths of both firms to form a unified organization focused on delivering 179D and 45L tax certifications, ITC, domestic content and prevailing wage compliance along with energy engineering services. The combined firm will s...

CHICAGO--(BUSINESS WIRE)--The Mather Group, LLC (TMG), one of the nation’s fastest growing Registered Investment Advisory firms, with 12 offices nationwide and more than $14 billion (AUM/AUA as of 3/31/2025), today announced it has entered a strategic alliance with Pillar Wealth Management Inc., a Walnut Creek, California-based wealth management firm with over $200 million in assets under management. This marks TMG’s fourth acquisition in the San Francisco Bay Area and reflects the firm’s conti...

PLANO, Texas--(BUSINESS WIRE)--Argano, the world’s first and largest digital services consultancy focused exclusively on enabling high performance across its clients’ business operations, today announced that it has acquired Anavate Partners (“Anavate”), a specialized global consulting firm with expertise in cloud-based planning and forecasting solutions, specifically Anaplan. Today’s announcement advances Argano’s 2025 strategic growth plan and follows recent additions of Attentis, Real Dynami...

MALVERN, Pa.--(BUSINESS WIRE)--Balfour Beatty Communities, a national residential real estate investment and management company, announces the successful acquisition of a premier multifamily community: River Pointe, located in Conroe, Texas. Through its affiliates, this is the company’s second multifamily property acquisition in the eastern Texas region this year, after purchasing The Leonard located in Denton in February, and aligns with the division’s targeted expansion strategy for 2025. Riv...

WESTBOROUGH, Mass.--(BUSINESS WIRE)--eClinicalWorks®, the largest ambulatory cloud EHR, today announced that Hendry Regional Medical Center is successfully utilizing Sunoh.ai. The AI medical scribe is helping providers complete clinical documentation at the end of each day, dramatically decreasing documentation lag. As a result, the practice also reports a substantial acceleration in billing workflows, helping increase revenue. The AI medical transcription solution silently and effectively conv...