Japan Tobacco (JT Group) Acquires Vector Group Ltd.

Philip Morris International Acquires Vectura Group plc

July 9, 2021

Pharmaceuticals

Philip Morris International (PMI) agreed to acquire UK-based inhaled drug-delivery specialist Vectura Group plc in an all-cash recommended offer valuing Vectura at GBP 852 million (150 pence per share). The acquisition is intended to accelerate PMI's "Beyond Nicotine" strategy by adding inhaled-therapeutics R&D, device/formulation capabilities and a pipeline of inhaled and oral product opportunities.

Altria Acquires NJOY Holdings, Inc.

June 1, 2023

Consumer Products

Altria Group, Inc. has completed its acquisition of NJOY Holdings, Inc., adding the FDA-authorized NJOY ACE e-vapor product to its smoke-free portfolio. The transaction involved approximately $2.75 billion in cash funding (financed via a $2.0 billion term loan, commercial paper and available cash) and includes up to $500 million in contingent payments tied to regulatory outcomes. Altria said NJOY will be marketed by NJOY, LLC (a wholly owned subsidiary) and that NJOY results will be reported within its "All Other" category; the company updated 2023 adjusted diluted EPS guidance to reflect investments behind commercialization of ACE.

Vector Capital Acquires Bigtincan Holdings

December 5, 2024

Cloud & SaaS

Vector Capital, a San Francisco-based private equity firm, has acquired Bigtincan Holdings Limited for A$0.22 per share in cash, valuing the transaction at approximately A$183 million. Bigtincan — a Waltham, Massachusetts–headquartered provider of AI-driven sales and revenue enablement software — will operate as a private company with management, including CEO David Keane, expected to remain in place while Vector supports product innovation and revenue growth.

NTT DATA Acquires Vectorform

March 28, 2022

IT Services

NTT DATA has acquired Vectorform, a Royal Oak, Michigan-based digital transformation and innovation firm, adding roughly 80 team members to its consulting and digital transformation business. The acquisition expands NTT DATA's digital engineering, design thinking, customer experience and product development capabilities across industries such as automotive, energy and manufacturing.

A&M Capital Partners Acquires Majority Stake in VTG

September 25, 2023

Aerospace & Defense

A&M Capital Partners has made a majority investment in VTG, a provider of modernization and digital transformation solutions for the U.S. Defense and Intelligence Community. The Jordan Company exited its ownership as part of the transaction; A&M plans to grow VTG via a mix of organic investments and acquisition-driven expansion.

Pearlman Group Acquires Vector Tools

December 16, 2021

Industrial Services

Pearlman Group, a portfolio company of The Stephens Group, has acquired Advanced Diamond Technologies, Inc. dba Vector Tools. The acquisition expands Pearlman's specialty distribution capabilities in stone fabrication tools and supplies across the U.S. Southeast; founders Elbert Wu and Corey Levy and the current management team will remain with the business. Terms were not disclosed.