Mergers & Acquisitions

Zendesk To Buy Local Measure

By Amit Chowdhry ● Mar 1, 2025

Zendesk, a leader in AI-based service, announced that it has signed a definitive agreement to acquire Local Measure, a leading provider of CCaaS and advanced voice solutions and a long-time AWS partner. This deal accelerates Zendesk's expansion into larger, more complex service environments, enhances its AI voice capabilities, and strengthens its integration with Amazon Connect, which is AWS's enterprise-ready AI-based cloud contact center solution that helps companies deliver superior customer service at a lower cost.

VSE Corporation To Sell Fleet Segment In $230 Million Deal

By Amit Chowdhry ● Mar 1, 2025

VSE, a leading provider of aftermarket distribution and repair services, announced that the company has entered into a definitive agreement to sell its Fleet business segment, Wheeler Fleet Solutions, to One Equity Partners (OEP) for up to $230 million in total consideration.

Grovecourt Capital Partners: Acquisition Of Intraoperative MRI Solutions Company IMRIS

By Amit Chowdhry ● Mar 1, 2025

Grovecourt Capital Partners, a private equity firm based in West Palm Beach, Florida, announced the acquisition of IMRIS Imaging, the global leader in intraoperative MRI solutions. The financial terms of the deal were not disclosed.

Tenstreet Buying TextLocate For Augmenting Driver Communications

By Amit Chowdhry ● Mar 1, 2025

Tenstreet, a leading truck driver recruiting and software solutions provider for the trucking industry, announced its acquisition of TextLocate, a leading provider of driver communications for third-party logistic providers.

TAC Security Buying Europe-Based Web3 Security Firm CyberScope

By Amit Chowdhry ● Mar 1, 2025

TAC Security, a global leader in risk-based vulnerability management, recently announced the acquisition of CyberScope, a Web3 security firm specializing in smart contract audits, crypto security audits, and blockchain vulnerability assessments.

Why MongoDB Is Buying Voyage AI In A $220 Million Deal

By Amit Chowdhry ● Mar 1, 2025

MongoDB announced it has acquired Voyage AI, a pioneer in embedding and reranking models that power next-generation AI applications. Integrating Voyage AI's technology with MongoDB enables organizations to easily build AI-based applications by offering highly accurate and relevant information retrieval deeply integrated with operational data.

Electro Rent Selling Intellirent Division To Sandbrook Capital

By Amit Chowdhry ● Mar 1, 2025

Platinum Equity portfolio company Electro Rent announced the signing of a definitive agreement to sell the intellirent division to Sandbrook Capital. Intellirent offers electrical test and measurement (T&M) equipment, primarily serving the power generation and distribution, data center, and renewable energy industries.

Motus Buying Vehicle Reimbursement Company Everlance

By Amit Chowdhry ● Mar 1, 2025

Motus, a leader in vehicle reimbursement and risk mitigation for businesses with employees that actively drive for work, announced the acquisition of Everlance, which is a mileage and expense tracking solution for small businesses, teams, and sole proprietors.

San Francisco Equity Partners Buying Majority Stake In Formula Corp

By Amit Chowdhry ● Mar 1, 2025

San Francisco Equity Partners (SFEP), a private equity firm focused on partnering with expansion-stage companies across the consumer value chain, announced that it has acquired a majority stake in Formula Corp, a leading formulator and contract manufacturer of cleaning products. The terms of the deal were not disclosed. Formula Corp co-founders Chas Werner and Alan Gangl will continue to be shareholders of the company.

Mercer Buying $35+ Billion Firm SECOR Asset Management

By Amit Chowdhry ● Feb 28, 2025

Mercer, a business of Marsh McLennan and a global leader in helping clients realize their investment objectives, announced that it reached an agreement to acquire SECOR Asset Management, a global provider of bespoke strategic and portfolio solutions. The terms of the deal, which is expected to close in the second quarter of 2025, subject to regulatory approvals and client consents, were not disclosed.

Asbury Automotive Buying The Herb Chambers Companies In $1.34 Billion Deal

By Amit Chowdhry ● Feb 28, 2025

Asbury Automotive Group, one of the largest automotive retail and service companies in the U.S., signed a definitive agreement to acquire various automotive dealerships owned by The Herb Chambers Companies (HCC), the fourteenth largest by revenue privately owned dealership group in the country.

Kontoor Brands Buying Global Outdoor And Workwear Brand Helly Hansen In $900 Million Deal

By Amit Chowdhry ● Feb 28, 2025

Global lifestyle apparel company Kontoor Brands (Wrangler and Lee brands) recently announced it has signed a definitive agreement to acquire Helly Hansen, the global outdoor and workwear brand. Under the terms of the deal, Kontoor Brands will acquire 100% of Helly Hansen from Canadian Tire Corporation.

Dow Jones To Buy Dragonfly Intelligence And Oxford Analytica From FiscalNote In $40 Million Deal

By Amit Chowdhry ● Feb 28, 2025

Dow Jones has agreed to acquire Dragonfly Intelligence, a geopolitical and security intelligence provider, and Oxford Analytica, a geopolitical intelligence advisory services provider from FiscalNote Holdings, for $40 million.