Silicon Valley Journals 
Neighborhood Bancorp announced today that it has been awarded a grant from the Community Development Financial Institutions Fund of the United States Department of Treasury through the CDFI Equitable Recovery Program. NB was one of 603 CDFIs nationwide to receive a share of the $1.73 billion in grants awarded through the CDFI ERP. Neighborhood National … Read more
Gorilla Technology Group Inc. a global provider of AI-powered edge video analytics, IoT technologies, and cybersecurity, announced today the signing of a non-binding Letter of Intent (“LOI”) to acquire Thailand-based Bacom Internetwork. Since 2011, Bacom Internetwork has been a forerunner in the distribution and systems integration of some of Thailand’s most intelligent and innovative security … Read more
Availity, a health IT company, has agreed to acquire Olive AI’s utilization management division. Why it matters: Following a series of divestitures and layoffs, Olive is down to one business line. The agreement backs up Axios’ February report on Olive’s plans to sell the division, which is one of two remaining business lines listed on … Read more
The Maumee campus of McLaren St. Luke’s hospital consists of 73 acres of land and 12 buildings. Mercy Health intends to purchase all of them.https://www.mercyhealthsystem.org/ “Yes, the goal is to cause as little disruption as possible.” Keep it as seamless as possible for both providers and patients,” said Bob Baxter, President of Mercy Health. On … Read more
InteleTravel, a host travel agency, announced the acquisition of corporate travel consortium Hickory Global Partners, with plans to combine resources to target travelers who mix business and leisure travel. Hickory will continue to operate as a wholly owned subsidiary of InteleTravel following the acquisition, the financial terms of which were not disclosed. According to the … Read more
DaySmart Software, a leading provider of vertically-focused business management software, announced today the acquisition of R.C. Systems Inc. (a.k.a. ReCPro Software), a Warren, MI-based veteran provider of recreation management software. DaySmart continues to expand its footprint in the recreation management software space with this acquisition, providing ReCPro customers with access to its award-winning, cloud-based solution … Read more
Founded in 2013, Sampler is available in 23 countries and has worked across 1,000 brands, including food/snack, vitamins/supplements, personal care, candy, beverage and beauty, creating personalized relationships between people and brands. Through the acquisition, Sampler will expand into the $100 billion global beauty industry. With 50 per cent of beauty shoppers stating that a free … Read more
The acquisition expands Arch’s suite of digital solutions for small business customers and brokers. Since May 2018, Thimble has delivered more than 170,000 policies to small businesses across the United States. Thimble works with a variety of carriers including Markel and Employers. The Thimble team will continue growing the business with its existing carrier partners … Read more
Tripeur, a Bengaluru, India-based travel management company, was acquired by Navan, a Palo Alto, CA-based travel and expense management app. The value of the transaction was not disclosed. The agreement marks the Navan Group’s fifth acquisition in two years, following purchases in the United Kingdom, Germany, Sweden, and Spain. Tripeur will allow Navan to scale … Read more
Snapdragon Capital Partners , a leading private equity investment firm focused on high growth consumer companies and a founding investor in Xponential Fitness, Inc., announced today a $30 million investment in Spartan Fitness Holdings, Inc. Spartan or the Company. The funds will be used to expand Spartan’s Club Pilates concept, as well as to acquire … Read more