Merger & Acquisition News

CHICAGO--(BUSINESS WIRE)--Motorola Solutions (NYSE: MSI) today announced it has completed its acquisition of Theatro Labs, Inc. (“Theatro”), maker of AI and voice-powered communication and digital workflow software for frontline workers, based in Richardson, Texas. Theatro’s software-as-a-service platform, purposefully designed for frontline workers, provides a suite of collaboration applications that deliver information in real time to help improve their productivity and physical safety. The p...

SEATTLE--(BUSINESS WIRE)--Omnidian (“the Company”), a leading provider of performance assurance for renewable energy assets, today announced its acquisition of Solar Service Guys Pty Ltd (“Solar Service Guys” or “SSG”), headquartered in Brisbane, Australia and one of the nation's largest and most respected providers of system lifecycle service and support for residential and commercial solar investors. This strategic acquisition strengthens Omnidian’s presence in the Australian market—the world...

BRISBANE, Australia--(BUSINESS WIRE)--Omnidian (“the Company”), a leading global provider of performance assurance for renewable energy assets, is pleased to announce its acquisition of Brisbane-based Solar Service Guys Pty Ltd (“Solar Service Guys” or “SSG”). This strategic move underscores Omnidian’s deep commitment to supporting Australia’s rapidly growing renewable energy sector, providing local expertise, and delivering best-in-class, nationwide service offerings to OEMs, residential and c...

NEW YORK--(BUSINESS WIRE)--American Express (NYSE: AXP) today announced that it has entered into an agreement to acquire Center, a software company modernizing expense management. Center’s software, together with American Express’ corporate and small business cards, will aim to create a seamless expense management platform that delivers more value across the commercial card payments process – from choice in premium card offerings and rewards to automated accounting and reconciliation. “As a lea...

DANVILLE, Calif.--(BUSINESS WIRE)--Big 7 Ventures, leading private equity firm specializing in industrial services and products, proudly announces the acquisition of Modern Concrete Inc., a specialized construction materials provider based in Elko, NV. Modern Concrete is renowned for its innovative remote concrete pouring solutions using volumetric trucks, catering to the mining, cell tower, and construction industries. Modern Concrete will continue its operations under its current management t...

MONROE, N.C.--(BUSINESS WIRE)--The Presidio Group LLC ("Presidio"), an independent merchant banking firm focused on mergers and acquisitions in the automotive retail and consumer mobility sectors, exclusively advised the Walters family on the sale of Bob Mayberry Hyundai in Monroe, N.C., to Pablo River Partners, a Jacksonville, Fla.-based investment firm. The transaction, which was finalized March 5, marks the close of Missy and Ingram Walters’ long history in retail automotive as they pass the...

DALLAS--(BUSINESS WIRE)--Avantax, a community of tax-focused financial professionals within Cetera, welcomes veteran financial advisor Toby Brazzel, who joined Avantax because he wanted a financial services partner who would help him build a multi-generational advisory practice in which his son and wife could be more actively and directly involved. Brazzel transferred to Avantax from Allstate Financial Services, LLC, where he had approximately $80 million in client assets under administration a...

SAN FRANCISCO--(BUSINESS WIRE)--Armis, the cyber exposure management & security company, announced today that it has acquired OTORIO, a leading provider of OT (Operational Technology) and CPS (Cyber Physical Systems) security. OTORIO’s Titan platform will be integrated into Armis’ Centrix™ cloud-based cyber exposure management platform to expand Armis’ OT/CPS suite and offer an on-premises CPS solution for organizations or segments of an organization’s environment that are airgapped or sequ...

ORLANDO, Fla.--(BUSINESS WIRE)--Net Conversion, a leading media agency known for its data-driven approach and commitment to client success, today announced the acquisition of Elevate the Outcome, a specialized media buying firm known for its extensive direct-to-publisher relationships. The strategic acquisition enhances Net Conversion's ability to deliver comprehensive, full-funnel media solutions while driving increased efficiency and accountability for clients. As part of the acquisition, Mik...

ANAHEIM, Calif.--(BUSINESS WIRE)--Willdan Group, Inc. (NASDAQ: WLDN) announced today that it has acquired Alternative Power Generation, Inc. (APG), an electrical engineering and construction management firm, in a stock purchase that closed on March 3. APG adds significant expertise in data center substation design and construction management, microgrids, EV charging stations, and renewable energy projects for the commercial sector. This expertise strengthens Willdan’s position in electrical eng...