Shockwave Medical announced today that it has inked an agreement to purchase all of Neovasc‘s issued and outstanding common shares. In January 2022, Neovasc recruited its first patient in a clinical trial of the Neovasc Reducer. The device was created by the business to alleviate angina symptoms in persons suffering from refractory angina. It was … Read more
S.P. Richards Co. (SPR), an independent business products wholesaler, announced a definitive purchase agreement with Central National Gottesman (CNG). The closing is scheduled for January 31, 2023. CNG is a $9 billion sales and distribution company with operations in the global pulp, paper, tissue, packaging, wood products, and metals industries. CNG is a privately held … Read more
Holland Pump Company, a leading independent specialty pump rental and dewatering solutions provider, announced today the completion of its acquisition of BPR Pumping & Vacuum Solutions of Pearland, Texas. This is Holland Pump’s sixth acquisition since partnering with XPV Water Partners, adding branches in Houston and Austin, TX, as well as complementary rental equipment, to … Read more
Semtech Corporation and Sierra Wireless, Inc. announced today the completion of Semtech’s acquisition of Sierra Wireless in an all-cash transaction valued at approximately US$1.2 billion. This transaction nearly doubles Semtech’s annual revenue and adds approximately US$100 million in recurring revenue from high-margin IoT Cloud services. Semtech anticipates that the acquisition will be immediately accretive to … Read more
Central National Gottesman Inc., a $9 billion global sales, marketing, and distribution leader in the pulp, paper, tissue, packaging, wood products, and metals industries, announced today the signing of a definitive purchase agreement to acquire S.P. Richards (SPR), an Atlanta-based independent business products wholesaler. The closing date is scheduled for January 31, 2023. SPR supports … Read more
The IMA Group today announced the completion of its purchase of Clinical Trials of America , a multi-therapeutic clinical trials organization that adds four additional independent and six embedded site locations in Louisiana and North Carolina to the IMA portfolio. CTA, situated in Monroe, Louisiana, will continue to function with its current leadership, investigators, and … Read more
CrowdOut Capital LLC, an Austin-based investment firm, announced today that CO Long Term Equity Fund I LP and affiliates collaborated with senior management to acquire Sourceability, a global distributor of electronic components offering digital tools, services, and data, from Zollner Elektronik AG. Sourceability was selected “Outstanding Supply Chain Service Provider” in the 2022 ASPENCORE Global … Read more
The acquisition provides Microsoft with hardware and software technologies geared primarily at boosting data center storage and networking performance, including high-speed NVMe-over-TCP storage clustering technology, for an undisclosed sum. Microsoft announced the acquisition of Fungible, a developer of composable infrastructure based on the company’s DPU hardware for boosting data center network and storage performance. The … Read more
NetSPI, the market leader in corporate penetration testing and attack surface management, announced today the acquisition of nVisium to scale its offensive security solutions and meet increased demand for human-delivered penetration testing. nVisium will assist NetSPI in its ongoing efforts to provide strategic security testing solutions to organizations. nVisium is a security testing authority, with … Read more
Nassau Financial Group and Angel Island Capital Management announced today their merger. Nassau Asset Management LLC, Nassau’s asset management business, has acquired AIC. AIC, founded in 2008 by Golden Gate Capital, is a speciality credit investment business with $3.6 billion in assets under management, including about $300 million in balance sheet capital. Alex Dias, CEO … Read more