Outdoor sports and recreation company Vista Outdoor Inc. on Tuesday (Dec. 28) acquired backcountry hunting gear company Stone Glacier, giving Vista a foothold in the packs, camping equipment and technical apparel categories. “I am excited to welcome the Stone Glacier team into the Vista Outdoor...
The financial information and analysis provider FactSet announced Monday (Dec. 27) in a press release it will acquire CUSIP Global Services (CGS) from S&P Global for $1.925 billion in cash. The company said it expects to also gain an estimated tax benefit of approximately $200...
The equipment and accounts receivable finance company Commercial Credit, Inc. (CCI) announced Monday (Dec. 27) it had acquired Keystone Equipment Finance Corp. According to a news release, Conneticut-based Keystone “provides small-ticket equipment financing, specializing in the transportation and construction related industries.” The deal will see...
B2B healthcare marketplace Aumet on Sunday (Dec. 26) announced that it’s acquired Egypt-based healthcare supply chain solution offering Platform One, giving the U.S.-based company that serves the Middle East and northern Africa more than 5,000 pharmacies in its portfolio. The acquisition gives Aumet a foothold...
Fintech Oportun has acquired neobanking platform Digit, which provides automated savings, investing and banking tools, the companies announced Wednesday (Dec. 22). Oportun works in low- to moderate-income lending. By buying Digit, Oportun will boost its artificial intelligence (AI) and digital capabilities to further help its...
In a year overshadowed by supply chain snags, Denmark’s shipping giant A.P.-Moller Maersk A/S (Maersk) is acquiring Hong Kong-based distribution firm LF Logistics to strengthen the former’s capabilities beyond ports, giving it reach into inland distribution and last-mile delivery. With a reported price tag of...
Independent investment research firm Morningstar has agreed to purchase wealth management platform provider Praemium Limited’s operations in the United Kingdom, Jersey, Hong Kong and Dubai for 35 million pounds ($46.3 million), according to a Tuesday (Dec. 21) press release. The companies expect to finalize the...
Mastercard has inked a deal with McDonald’s to acquire the fast-food chain’s personalization platform, Dynamic Yield, according to a Tuesday (Dec. 21) press release. The acquisition is expected to close in the first half of 2022. Terms of the deal were not disclosed. With Dynamic...
The Sage Group, an accounting, financial, human resources (HR) and payroll technology platform for smaller businesses, has purchased cloud-native retail management system Brightpearl, per a Monday (Dec. 20) press release. Sage already has a 17% minority stake in Brightpearl. With the acquisition, Sage wants to...
