PITTSBURGH – Wabtec Corporation (NYSE: WAB) has completed the acquisition of Austria’s Frauscher Sensor Technology Group GmbH, a global leader in advanced railway sensing and signaling, for an enterprise value of €675 million in cash, the companies announced today. The deal significantly expands Wabtec’s Digital Intelligence portfolio by adding Frauscher’s complementary train detection, axle counting,…
SYDNEY – Australia’s Paragon Care Ltd (ASX:PGC) said on Monday it will acquire Indonesia’s Haju Medical for A$70 million, expanding its footprint in Asia’s fast-growing medical aesthetics market. The deal, through its Singapore subsidiary, includes PT Haju Medical Indonesia and Insightof Co. Ltd. Paragon Care will pay A$30 million upfront, with the remainder tied…
LONDON – everplay group plc, a leading global independent (“indie”) games developer and publisher of premium video games, announced the appointment of Mikkel Weider as Group Chief Executive Officer and member of the Board, with effect from 1 January 2026. Mikkel is a highly accomplished gaming executive, with significant leadership, industry and M&A experience,…
RESTON – TekSynap Corporation, a provider of IT solutions to U.S. national security agencies, said on Wednesday it has acquired JBA, Inc., a technology engineering firm with a 20-year history of supporting the Federal Bureau of Investigation (FBI). The deal enhances TekSynap’s capabilities in IT service management, network engineering, and cyber operations, specifically strengthening its…
NEW YORK — Teamshares Inc., a tech-enabled acquiror of small-to-medium-sized enterprises (SMEs), said on Saturday it will go public through a merger with blank-check firm Live Oak Acquisition Corp. V (NASDAQ: LOKV) in a deal valuing the combined company at $746 million. The business combination includes a $126 million private investment in public equity…
DALLAS — CSW Industrials, Inc. has finalized its acquisition of Motors & Armatures Parts, a leading distributor of HVAC and refrigeration components, for approximately $650 million in cash, the company announced Tuesday. The acquisition of MARS Parts significantly expands CSW’s product portfolio in the heating, ventilation, air conditioning and refrigeration market. The deal adds…
HOUSTON – Industrial distributor DXP Enterprises Inc said on Monday it has completed the acquisition of pump supplier Triangle Pump & Equipment Inc, a move aimed at expanding its geographic footprint and capabilities in the water and wastewater sector. DXP, which provides pumping solutions and other industrial equipment, funded the deal for Ridgefield, Washington-based…
ZURICH: Swiss drugmaker Novartis (NOVN.S) said on Sunday it has agreed to acquire U.S. biotech firm Avidity Biosciences (RNA.O) in a deal valued at approximately $12 billion, expanding its reach into the promising field of RNA therapeutics. Under the terms of the agreement, Novartis will pay $72 per share in cash for Avidity, representing…
NEW YORK: Stellex Capital Management, a private equity firm with more than $5 billion in assets under management, announced Friday it has acquired Crest Ultrasonics, a global manufacturer of advanced cleaning and welding equipment. Crest, headquartered in the U.S. with operations across Europe and Asia, has served industrial sectors for over six decades, including…
SAN DIEGO: Relation Insurance Services (“Relation”) announced Wednesday that it has acquired the assets of Bridlewood Insurance Services, Inc. (“Bridlewood”), a fast-growing Medicare-focused agency based in San Diego. The transaction, effective Aug. 1, 2025, expands Relation’s national footprint and deepens its Medicare expertise. Terms of the deal were not disclosed. Founded by Jeff Wetzel…
MINNEAPOLIS: Datasite, a global software-as-a-service provider specializing in artificial intelligence-powered solutions for mergers and acquisitions, announced today it has acquired Sourcescrub, a California-based provider of deal-sourcing data and workflows. The acquisition from Francisco Partners is the latest move in Datasite’s strategy to enhance its offerings for M&A professionals. The Sourcescrub acquisition follows a $500…