Settle Acquires Turbine

Accenture Ventures Makes Strategic Investment in Turbine

May 17, 2024

Biotechnology

Accenture, through Accenture Ventures, made a strategic growth investment in Turbine, a Budapest-based company that builds AI-driven predictive simulation software for interpreting human biology to accelerate drug discovery. The investment will help Turbine expand its platform to global biopharma clients and integrate its Simulated Cell technology into larger drug-development workflows; terms were not disclosed.

Yes Energy Acquires Power Settlements

April 23, 2024

Software

Yes Energy, a Boulder-based power markets data and analytics provider, has acquired Power Settlements, a developer of bid-to-bill software for participants in organized wholesale power markets. The deal combines Yes Energy's ISO market data and analytics with Power Settlements' transaction and settlement tooling to provide an end-to-end workflow for physical and financial power market participants.

ShiftPixy, Inc. Acquires TurboScale for $150 Million

October 17, 2024

AI & Machine Learning

ShiftPixy, a Miami-based staffing and workforce-management platform, has acquired TurboScale, an AI infrastructure company, in a $150 million transaction comprised of $75 million in stock and $75 million in debt. The purchase brings GPU-accelerated cloud and AI model deployment capabilities into ShiftPixy's platform to accelerate AI-driven workforce analytics and automation, with new products expected by early 2025.

Lineage Logistics and Bay Grove Acquire Turvo

June 1, 2022

Logistics & Distribution

Lineage Logistics, together with its founder/manager Bay Grove, has acquired Turvo, a supply-chain collaboration and visibility software provider. Turvo will operate as a wholly owned subsidiary to accelerate product innovation and deepen Lineage's technology capabilities across the global food and freight supply chain; financial terms were not disclosed.

Flowserve Acquires Greenray Turbine Solutions

December 16, 2025

Industrial Services

Flowserve Corporation has acquired U.K.-based Greenray Turbine Solutions Limited for approximately $72 million in cash. The purchase expands Flowserve's aftermarket capabilities and durable revenue base in industrial gas turbines and is expected to add roughly $25 million of annual revenue.

Capstone Green Energy Acquires Cal Microturbine, LLC

August 14, 2025

Energy

Capstone Green Energy Holdings, Inc. acquired its former distributor Cal Microturbine, LLC and its exclusive distribution territory, bringing sales, aftermarket support and service for California, Hawaii, Nevada, Oregon, and Washington under a new Capstone West Territory business unit. The transaction is a self-funded strategic move to deepen customer relationships, improve operational efficiency, and expand Capstone’s direct Energy-as-a-Service and service capabilities in the U.S. western region.