Convergint, a global leader in service-based systems integration, today announced that it has acquired Esscoe, a premier provider of mission-critical security and fire and life safety systems in the Chicago and Midwest regions. Esscoe is a local market leader, offering exceptional design and engineering capabilities and fully integrated, tech-enabled security solutions. The acquisition enables Convergint…
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HGGC to sell AMI, a global leader in firmware solutions
HGGC, a values-driven middle-market private equity firm with over $6.9 billion of cumulative capital commitments, today announced that it has signed a definitive agreement to sell AMI (or “the Company”) to investment firm THL Partners. Terms of the private transaction were not disclosed. The transaction is expected to close in Q4 2024, pending regulatory approvals. AMI…
Ardurra Group has acquired W.K. Dickson & Co.
Ardurra Group Inc. (Ardurra) today announced the acquisition of W.K. Dickson & Co. Inc. (WK Dickson), a leading multidisciplinary infrastructure consulting firm based in Charlotte, North Carolina. Ardurra, ranked #84 on Engineering News-Record’s (ENR) Top 500 list, is known for delivering complex engineering and design services to public and private entities across the United States….
Global executive talent platform, True, has acquired Paradigm Search
True, the only tech and data-first global executive talent platform, announced today their acquisition of Paradigm Search, known for their ability to place elite engineering and product leaders. Founder and CEO Matt Johnson and the Paradigm team will join True’s Product, Data & Technology (PDT) practice. “Matt and the Paradigm team have an excellent and…
Trestle, construction industry’s vendor risk management platform, raises $2.3mn
Trestle, the construction industry’s only subcontractor and supplier data centralization and performance management solution, has secured $2.3M in pre-seed funding led by Lerer Hippeau with additional participation from MetaProp, Laconia Capital, Alumni Ventures, The LegalTech Fund, Redbud VC, and Meridian Ventures. “Developed by a team with over 15 years of construction experience, Trestle is uniquely…
Create Wellness Inc. raises $5 million in a Series A funding led by Unilever Ventures
Create Wellness, Inc., a leading innovator in creatine-based products, has raised $5 million in a Series A funding round led by Unilever Ventures. This latest round brings the company’s total funding to $7.3 million. The investment will accelerate Create’s mission to bring the benefits of proper creatine supplementation to a wider audience. Founded by CEO…
LPL Financial LLC to acquire The Investment Center Inc.
LPL Financial LLC (NASDAQ: LPLA) has entered into a definitive agreement to acquire The Investment Center Inc., a broker-dealer and registered investment adviser based in Bedminster, N.J. “The Investment Center fosters an entrepreneurial approach that has driven their success in reaching nearly $9 billion in assets,” said Rich Steinmeier, managing director and chief growth officer…
Former Manchester United and Ireland soccer star John O’Shea invests in GoChallenge
DUBLIN: GoChallenge, a leading employee engagement platform focused on promoting health and wellness, announced a significant investment from John O’Shea, former Manchester United and Republic of Ireland soccer player. As a seasoned professional athlete and hugely respected figure in the sports world, John O’Shea has always championed the importance of physical fitness and teamwork. His investment in…
Husqvarna Group to acquire Brazilian digital platform InCeres
STOCKHOLM: Husqvarna Group has signed an agreement to acquire the Brazilian company InCeres, a digital platform in the professional light agriculture segment. InCeres is an expert in soil analysis that facilitates decision-making and improves productivity for farmers. Its precise agriculture digital platform will act as the cornerstone for establishing Husqvarna Group’s Total Farm Management offering…
Borealis Biosciences gets $150 million Series A financing from Versant Ventures and Novartis AG
VANCOUVER: Borealis Biosciences, a next-generation RNA medicines company, today emerged from stealth with $150 million in combined Series A financing from founding investor Versant Ventures and Novartis AG, as well as committed strategic research collaboration funding from Novartis. Despite recent advances for patients with IgA nephropathy, many other forms of highly prevalent kidney disease remain unaddressed….
Volvo receives order for 300 electric trucks from DSV
GOTHENBURG, SWEDEN: Volvo Trucks and global logistics company DSV have signed a cooperation agreement for 300 electric heavy trucks. The deal is one of the largest commercial orders to date for Volvo electric trucks. With the order, DSV will have one of the largest company fleets of heavy electric trucks in Europe. DSV, a global…
Ferguson Enterprises acquired Gerster Equipment Co. and United Water Works
Ferguson Enterprises Inc. (NYSE: FERG) has acquired Gerster Equipment Co. and United Water Works Inc. The company closed on ten acquisitions last fiscal year, which ended July 31, 2024. Headquartered in Buffalo, NY, with a second location in Syracuse, NY, Gerster Equipment is a distributor of Trane and Mitsubishi HVAC brands. This acquisition allows Ferguson…