Combination brings together deep electrical engineering expertise and high-volume manufacturing to serve growing energy infrastructure markets GOODYEAR: Voltaris Power LLC, a portfolio company of Mill Point Capital LLC, has acquired Electronic Power Design LLC, a Houston-based provider of mission-critical power distribution equipment serving…
Deal aims to help customers bridge gap between AI experimentation and business value NEW YORK: CDW Corp., a leading technology solutions provider, said Tuesday it has agreed to acquire Lovelytics, a data and artificial intelligence services firm, for approximately $525 million…
Deal expands coatings capabilities and adds approximately $30 million in projected annual revenue MINNEAPOLIS: Apogee Enterprises Inc., a provider of architectural building products and high-performance coated materials, said Thursday it has agreed to acquire SIA “GroGlass,” a Latvia-based glass coatings manufacturer, for up to…
KISTA: Sivers Semiconductors AB said Thursday it will invest $30 million to expand its photonics manufacturing facility in Glasgow, Scotland, as the company prepares for surging demand from artificial intelligence data centers and optical networking. The expansion is expected to boost production capacity…
CAMBRIDGE: Frontier Developments plc, a video game developer and publisher, announced Thursday it has entered an agreement with Disney to develop and publish a new game using Disney’s portfolio of intellectual property. The game will be fully funded by Frontier and will build on…
Acquisition marks company’s largest in 25 years, expands Permian Basin footprint and deepens Carlyle partnership HOUSTON: Diversified Energy Company announced Thursday it has agreed to acquire Birch Permian Holdings Inc. from affiliates of Elliott Investment Management L.P. for approximately $1.8 billion, marking the largest…
MELBOURNE: MaxiPARTS Ltd., an Australian distributor of aftermarket parts for commercial vehicles, said Thursday it has received a conditional, non-binding proposal from private equity firm Ares Management to acquire all of its outstanding shares for $2.50 per share in cash….
BRISBANE: Eureka Group Holdings Ltd. announced Thursday it has entered into contracts to acquire a portfolio of six lifestyle and mixed-use communities in New South Wales for $123.8 million, a move the company described as transformational for its growth and…
AARHUS: Jyske Bank A/S has signed a binding agreement to acquire 100% of FP Kapital A/S, the parent company of Formuepleje, one of Denmark’s largest independent wealth managers. The deal, which is expected to close in the fourth quarter of…
LONDON: Halma Plc, the global group of life-saving technology companies, announced Wednesday it has agreed to acquire Pyxis, a Texas-based specialist in water quality monitoring and analysis, for an initial cash consideration of $170 million. The acquisition, funded from Halma’s…
LONDON: PT Prima Petroleum Energi, a leading independent oil and gas company in Indonesia, has agreed to acquire approximately 28.3% of the issued share capital of Jadestone Energy plc from funds managed by Tyrus Capital S.A.M., the company announced Wednesday….
NEW YORK: MacLean Power Systems said Wednesday it has signed definitive agreements to acquire Delta Star Inc., a move that significantly expands its presence in the power transformer and mobile substation market. The acquisition follows MPS’s combination with Power Grid…