Veltris Acquires BPK Technologies

Trive Capital & BayLink Capital Form Veltris by Combining Wavelabs and West Agile Labs

October 4, 2023

IT Services

Dallas-based private equity firm Trive Capital and San Francisco investor BayLink Capital have invested to form Veltris, a technology services platform created through the combination of Wavelabs Technologies and West Agile Labs. Veltris, headquartered in San Francisco, will offer Data & AI, Engineering R&D and Digital Product Engineering services and will pursue growth through organic initiatives and add-on acquisitions across multiple geographies.

Velir Acquires Brooklyn Data Co.

March 21, 2023

Data & Analytics

Velir, a Somerville-based data-driven experience agency, has acquired Brooklyn Data Co., a full-stack data and analytics consultancy. The acquisition strengthens Velir's modern data stack capabilities (Snowflake, dbt, Fivetran, Sigma, Hightouch) and expands its ability to deliver data-driven personalization and analytics services to clients.

Merck & Co., Inc. Acquires VelosBio Inc.

November 5, 2020

Biotechnology

Merck & Co., Inc. will acquire all outstanding shares of clinical-stage biopharmaceutical company VelosBio for $2.75 billion in cash. The acquisition adds VelosBio's lead investigational antibody-drug conjugate VLS-101 and ROR1-directed pipeline assets to Merck's oncology portfolio and is expected to close by the end of 2020, subject to customary conditions.

Accel-KKR Acquires OrthoBanc and Combines It with OrthoFi

December 31, 2020

Healthcare Services

Accel-KKR purchased OrthoBanc and will combine it with OrthoFi (a platform in which Accel-KKR previously invested) to create an integrated orthodontic patient acquisition and payment management provider operating as OrthoFi. The combined business will pair OrthoFi's patient acquisition and insurance management software with OrthoBanc's payment and revenue cycle management capabilities to serve orthodontic and dental practices across the U.S.

Velocity Clinical Research Acquires TrierHealth

February 22, 2022

Healthcare Services

Durham-based Velocity Clinical Research acquired digital clinical trials platform TrierHealth, bringing its founder Raghu Punnamraju into Velocity as Chief Technology Officer. The acquisition adds Hyderabad-based R&D talent and patient-engagement technology to accelerate Velocity’s move toward decentralized and hybrid clinical trials.

MVB Bank Acquires Majority Interest in Trabian Technology

April 19, 2021

Software

MVB Bank, a subsidiary of MVB Financial Corp., has acquired a majority interest in Trabian Technology, a software development firm that builds digital products and applications for community banks, credit unions, digital banks and fintechs. The deal strengthens MVB's fintech capabilities by adding technology expertise, a new revenue stream and talent while keeping Trabian's leadership and operations in place.