OSLO: Norwegian engineering company Aker Solutions reported a strong second quarter performance on Thursday, backed by high project activity and continued momentum in its core markets. Second-quarter revenue rose to NOK 15.2 billion ($1.43 billion), up from NOK 12.8 billion in the same period last year, as the company executed key milestones including installation of…
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FBR Solutions acquires RTS Associates to broaden telecommunications footprint
FBR Solutions, a leading provider of telecommunications infrastructure services, has acquired RTS Associates in a strategic move aimed at expanding its national capabilities in telecommunications design, engineering, and turnkey network deployment. Founded in 1998, RTS Associates has built a reputation for delivering high-performance network solutions to major telecommunications operators, municipalities, EMCs, CATV, and wireless carriers…
Atlas VMS acquires AIM-Port to expand tech-driven appraisal solutions
MIAMI: Atlas Valuation Management Solutions (Atlas VMS) has acquired AIM-Port, a specialized order management platform originally developed by an appraisal management company (AMC). The strategic acquisition aims to bolster Atlas’s technology offerings and reinforce its commitment to collaborative innovation within the appraisal and lending ecosystem. Erik Morin, CEO of Atlas VMS, emphasized the company’s mission…
HKW acquires Electric Equipment & Engineering Co. to expand engineered power solutions portfolio
DENVER: Middle-market private equity firm HKW has acquired Electric Equipment & Engineering Co. (EEE), a longtime manufacturer of engineered electrical power products serving the power, telecommunications and broadband industries. Founded in 1922 and based in Denver, EEE designs and manufactures customized AC and DC power distribution products, including switchgear, generator connection boxes, transfer switches and…
IntelliAM AI partners with U.S. firm to expand industrial AI solutions
LONDON: IntelliAM AI plc (AQSE: INT), a software company specializing in artificial intelligence and machine learning for manufacturing, has signed a formal agreement with U.S.-based Connection Technology Center Inc. (“CTC”) to co-develop advanced industrial sensing solutions, including dual-branded hardware. The collaboration integrates CTC’s sensory hardware with IntelliAM’s AI platform, enhancing real-time data analysis for asset…
WebPros acquires Comet Backup to expand web management solutions
LUXEMBOURG: WebPros, a global leader in web automation and operations software, announced Tuesday the acquisition of Comet Backup, a provider of cloud backup solutions for managed IT services. Financial terms were not disclosed. The deal strengthens WebPros’ portfolio of tools for website management, which already includes platforms like cPanel, Plesk and WHMCS. The company powers…
Eagle Eye acquires Dublin-based Promotional Payments Solutions for €5.5 million
LONDON: Eagle Eye, a UK-based SaaS and AI technology firm, announced Monday it has acquired Dublin-based Promotional Payments Solutions Limited for a net consideration of €5.5 million, in a move to deepen its footprint in the fast-growing market of CPG-funded couponing and digital loyalty solutions. The acquisition brings new enterprise customers into Eagle Eye’s portfolio…
Rytoriacap acquires ASC Engineered Solutions’ Blossburg Foundry
BLOSSBURG: Rytoriacap Inc. (“Rytoria”), a North American leader in circular metal processing and recycling, has acquired ASC Engineered Solutions’ foundry and associated facilities in Blossburg, Pennsylvania, the companies announced Thursday. The sale follows ASC’s effort to find a buyer committed to maintaining the site as an active part of Tioga County’s industrial economy. “Blossburg is…
Cosentus Holdings acquires Alta Management Solutions to expand healthcare consulting services
SALT LAKE CITY: Cosentus Holdings, a leading provider of integrated business solutions for healthcare practices, has signed an agreement to acquire Alta Management Solutions, a respected firm specializing in medical practice consulting and revenue cycle management (RCM). The acquisition, finalized on May 27, 2025, strengthens Cosentus’ national presence and enhances its service offerings. Based in…
Autonomize AI raises $28 million to advance AI solutions in healthcare
AUSTIN: Autonomize AI, a U.S.-based startup developing artificial intelligence solutions for healthcare, has secured $28 million in Series A funding, bringing its total capital raised to $32 million. The investment round was led by Valtruis, The Cigna Group Ventures and Tau Ventures, with participation from existing investors including Asset Management Ventures, ATX Venture Partners and Capital Factory,…
SDI Group Acquires Severn Thermal Solutions for £4.75M
CAMBRIDGE: SDI Group plc, a buy-and-build company specializing in lab equipment, industrial sensors and scientific products, has acquired Severn Thermal Solutions Ltd., a designer and manufacturer of high-temperature furnace systems and environmental chambers, for a net consideration of £4.75 million ($6.1 million). Severn, based in Dursley, U.K., produces advanced material testing and processing systems used…
B.P. Marsh has sold Sterling Insurance to ATC Insurance Solutions
LONDON: B.P. Marsh & Partners PLC, a specialist investor in early-stage financial services businesses, said Wednesday that Sterling Insurance Pty Ltd, a general liability underwriting agency focused on Australia’s construction industry, has been acquired by ATC Insurance Solutions Pty Limited. B.P. Marsh holds a 20% stake in Sterling and a 25% share in ATC, which…