Standex has successfully completed the acquisition of Minntronix, a privately held company based in South Dakota, for approximately $30 million in cash. The transaction was funded using Standex’s existing cash balance. The acquisition is expected to be accretive to Standex’s earnings in its first year of ownership and deliver a double-digit return on invested capital. … Read more
Biogen, a leading biotechnology company, has announced a definitive agreement to acquire Reata Pharmaceuticals for an enterprise value of $7.3 billion. Under the agreement, Biogen will pay $172.50 per share in cash to Reata, and the transaction is expected to be completed in the fourth quarter of 2023. Reata Pharmaceuticals specializes in the development of … Read more
VanTrust Real Estate, a leading property developer, has made a significant move in expanding its footprint in Texas. On July 26, 2023, the company announced the acquisition of a 60.4-acre parcel of land in Terrell, Texas, with ambitious plans to develop two state-of-the-art speculative industrial buildings. Strategically located near Highway 80 and Spur 557, the … Read more
Bottom Line Equipment, based in Broussard, Louisiana, a company that specializes in heavy equipment and specialty attachment rental and sales for construction, demolition, pipeline, land management, and debris removal, has recently acquired H & V Equipment Services. H & V Equipment Services, operating since 1991, offers rental, sales, and service of new and used construction … Read more
OAG, the world’s foremost data platform for the global travel industry, has completed the acquisition of Infare, the leading provider of competitor air travel data. The deal, values the combined entity at over US$500 million, brings together two industry giants to create a market-leading end-to-end data platform catering to critical air travel intelligence needs worldwide. … Read more
Teleflex, a medical technologies provider, has entered into a definitive agreement to acquire Palette Life Sciences for an upfront cash deal of $600 million. Additionally, Palette will receive an extra $50 million from Teleflex based on certain commercial milestone achievements. Through this acquisition, Teleflex aims to expand its Interventional Urology portfolio, which includes the UroLift … Read more
U.S.-based fintech and consumer data analytics provider, GoLogiq, has announced its plans to acquire Symplefy, a Vietnam-based fintech platform specializing in innovative payroll and end-to-end human resource (HR) management solutions. The acquisition will be an all-stock transaction with a value of up to $30 million, depending on performance-based earnouts. Symplefy focuses on serving businesses in … Read more
The partnership between InVentry and Hipla Technologies will drive innovation in the “worktech” sector, transforming the way businesses work globally.
memoryBlue, a leading provider of outsourced sales development services, has announced the acquisition of Operatix, a sales acceleration services provider for B2B technology companies based in London, UK, with additional offices in the US and Singapore. The strategic merger brings together two market leaders in the industry to offer a global solution to customers and … Read more
The CEO of Upgrade, Renaud Laplanche, expressed excitement about the acquisition, stating that Uplift has established itself as a leading BNPL provider in the travel industry.