Fertility Centers of New England (FCNE), a First Fertility Center of Excellence, has announced the acquisition of Fertility Solutions, a Massachusetts-based fertility center with offices in Rhode Island. The deal adds six new locations and four experienced physicians to Fertility Centers of New England, one of the largest fertility networks in the United States.…
MedImpact Healthcare Systems, Inc., the nation’s largest independent health solutions, technology, and pharmacy benefit management (PBM) provider, announced today that it has acquired Elixir Solutions, a leading PBM company. The acquisition is part of MedImpact’s reinvestment strategy and aims to enhance its clinical, technology, health risk management, and consumer empowerment capabilities. Fred Howe, MedImpact…
SYDNEY, AUSTRALIA: Sequoia Financial Group Ltd (ASX: SEQ) has acquired the business assets of Clique Paraplanning in cash on an earn out of revenue multiple of approximately 1 times.The purchase consideration consists of a combination of cash $150,000 and shares valued at $60,000. The earn out and final payment (up to $70,000) is payable…
LONDON, UK: Judges Scientific’s subsidiary PE.Fiberoptics Ltd (PFO) has acquired 100% of the issued share capital of Luciol Instruments SA, a company manufacturing and selling instruments to measure optic fibre properties based in Mies, Vd, Switzerland. The Board expects the acquisition to be immediately earnings enhancing. The initial consideration for Luciol is CHF2 million…
Thompson Street Capital Partners (TSCP) and Cequel III, two private equity firms based in St. Louis, announced today that they have taken a controlling stake in DDC Cabinet Technology (DDC), a global provider of innovative data center cabinet and cooling solutions. DDC’s co-founders, Chris Orlando and Mark Ortenzi, will remain as minority investors. The…
SYDNEY, AUSTRALIA: Acumentis Group Limited (ASX: ACU), a national property professional services organisation, announced today that it has acquired the business and assets of Gil Wright & Associates Business Valuations (GWA), a leading business valuation provider in Queensland and NSW. The acquisition is expected to be completed by 1 February 2024. GWA, founded over…
Front, a customer operations platform, has announced its acquisition of Windsor.io, an AI platform that produces personalized videos for customer communication. The deal aims to enhance Front’s AI capabilities and help its customers deliver exceptional service at scale. Front’s Chief Product Officer, Mohammed Attar, said that the company will integrate AI and automation more…
LONDON, UK: SkinBioTherapeutics plc (AIM: SBTX) has entered into an agreement to acquire the issued share capital of Dermatonics Limited, a specialist in innovative topical and dermatological products in the skincare/woundcare space. The initial consideration is £1.68 million plus £1.25 million earn-out over three years, in a cash-free and debt-free acquisition. Completion will take…
Italian technology company Bending Spoons has completed its acquisition of Meetup, the US-based platform that connects people with common interests. Meetup has over 60 million members worldwide who join groups and events based on their passions. Bending Spoons, which owns popular apps such as Remini, Splice, and Evernote, plans to use its proprietary technologies…
SYDNEY: Prospa Group Limited, a leading online lender to small businesses in Australia and New Zealand, has announced the acquisition of the Zip Business loan portfolio for approximately $15.6 million. The deal, which will be funded using Prospa’s existing warehouse funding arrangements, will be settled this week. The Zip Business loan portfolio consists of…
LONDON, UK: Unigel Group plc, a leading producer of fibre optic cable materials, has agreed to buy the remaining 40% stake in its subsidiary Unigel (UK) Limited from Unigel Compounds Sdn Bhd for £1.3 million. The deal will give Unigel Group full ownership of Unigel (UK), which had revenue of £15.2 million and profit…