PLANO – Tyler Technologies, Inc. (NYSE: TYL) has acquired CloudGavel, a leading provider of electronic warrant solutions, a statement said. This acquisition complements and augments Tyler’s existing solutions, strengthening Tyler’s position as a leader in the courts and justice and public safety markets. CloudGavel’s electronic warrants bring greater efficiency and accountability to warrant issuance and service…
SAN JOSE – Adobe Inc. said on Wednesday it has agreed to acquire search engine marketing platform Semrush Holdings Inc. for $1.9 billion in cash, a move aimed at bolstering its marketing tools for clients navigating the artificial intelligence era. The design and marketing software giant will pay $12 per share for Semrush, sending the target…
MELBOURNE – Helloworld Travel Ltd (ASX:HLO) said on Wednesday it has submitted a non-binding indicative proposal to acquire Webjet Group Ltd (ASX:WJL) for A$0.90 per share in cash, valuing the online travel agency at a significant premium to its recent trading levels. The offer represents a 31% premium to Webjet’s undisturbed closing price of A$0.685…
LAKE BLUFF – Homewerks Worldwide, LLC, a leading home improvement products supplier, announced on Monday it has acquired the Character Project Kits product line from Character Home, Inc., a move that expands its footprint in the growing do-it-yourself (DIY) plumbing market. The acquisition includes Character’s Faucet Installation Kit and Showerhead Installation Kit, all-in-one solutions that bundle…
SYDNEY – Decidr AI Industries Ltd (ASX:DAI) said on Wednesday it has signed a binding agreement to acquire Delaware-based Sugarwork Inc., marking its entry into the United States market as part of a global expansion strategy. The deal, structured as a scrip-for-scrip equity swap through Decidr’s newly formed U.S. subsidiary, Decidr US, will see Sugarwork…
PLANO – Finance of America Reverse LLC, a leading provider of home equity retirement solutions, said on Tuesday it has agreed to buy the reverse mortgage servicing portfolio and related assets from PHH Mortgage Corporation, a subsidiary of Onity Group Inc., in an all-cash deal. The transaction, aimed at expanding Finance of America’s footprint in the…
LONDON: British infrastructure investors HICL Infrastructure PLC (HICL.L) and The Renewables Infrastructure Group TRIG.L agreed to combine on Monday, forming the UK’s largest listed infrastructure investment company with net assets exceeding £5.3 billion ($6.7 billion). The all-share merger, structured as a reconstruction and voluntary winding-up of TRIG, aims to create a dominant player better positioned…
LONDON: FRP Advisory Group plc, a leading national specialist business advisory firm, announced the acquisition of Arc & Co Structured Finance Limited (“Arc & Co”) for a consideration of £6.0 million, plus an additional amount for the net assets acquired on completion of approximately £650,000 and a three-year performance based earn-out linked to profit in excess of…
ABU DHABI: Investcorp Capital PLC said on Friday it had acquired Kanawha Scales & Systems (KSS), a U.S. provider of industrial weighing services, from American Equipment Holdings. The acquisition, arranged by Investcorp Capital’s founding company Investcorp, expands the Abu Dhabi-listed firm’s portfolio of U.S. industrial assets. Financial terms of the deal were not disclosed. Headquartered…
SEATTLE: Marchex Inc. (NASDAQ: MCHX), a provider of AI-powered conversational intelligence, announced on Thursday it has entered into an agreement in principle to acquire Archenia, Inc., a performance-based customer acquisition company, in a deal structured to accelerate its push into AI-verified marketing outcomes. The proposed transaction, valued around $10 million upfront, will see Marchex pay…
INDIANAPOLIS: Private investment firm AFM Capital Partners said on Thursday its portfolio company Pro Products Holdings LLC has acquired Owens Industries, LLC, a move that expands its precision manufacturing capabilities for the aerospace and defense sectors. Financial terms of the deal were not disclosed. Owens Industries, based in Oak Creek, Wisconsin, is a provider of…
SYDNEY – Volt Group Ltd (ASX: VPR) said on Wednesday it will acquire Perth-based 4D Delta Pty Ltd, a profitable provider of digital asset inspection and condition monitoring technologies, in a deal valued at A$7.25 million. The acquisition, comprising equal parts cash and Volt shares, is expected to transform Volt into a more diversified technology-enabled…