Loomis AB Acquires Burroughs, Inc

Loomis AB to Acquire Kipfer-Logistik GmbH

September 1, 2025

Transportation

Loomis AB, through its subsidiary Loomis International Corporate AG, has entered into an agreement to acquire 100% of Kipfer-Logistik GmbH. Kipfer-Logistik is a Switzerland-based provider of temperature-controlled transport and storage for pharmaceutical and healthcare customers, and the deal is expected to close on September 1, 2025 subject to conditions.

Alta Equipment Group Acquires Burris Equipment Co.

October 19, 2023

Construction

Alta Equipment Group has agreed to acquire Burris Equipment Co., a three-location construction and turf equipment dealer and rental business based in Waukegan, Illinois, for $14.0 million in cash. The deal — expected to close in Q4 2023 — expands Alta's presence in the Chicago market, adds rental fleet capacity and OEM relationships, and preserves Burris's brand while the selling owners retire.

Luth-AR Acquires ACRO Machine Inc.

October 30, 2024

Manufacturing

Luth-AR has purchased all assets of ACRO Machine Inc., a Minnesota-based barrel manufacturing company, bringing barrel machining in-house after a 23-year partnership. The acquisition adds CNC turning and milling capacity and proprietary fixtures/programs to support expanded barrel offerings, new calibers, contours and specialized coatings.

Borgman Capital Acquires Harlo Corporation

June 3, 2025

Manufacturing

Borgman Capital, a Milwaukee-based private investment firm, has acquired Harlo Corporation, an 88-year-old manufacturer of rough terrain forklifts headquartered in Grandville, Michigan. The transaction transfers ownership from the Crooks family to Borgman Capital; Harlo will continue to operate under its name with existing leadership and 54 employees, and will gain resources to expand capacity and product development.

Atlassian Acquires Loom

October 12, 2023

Cloud & SaaS

Atlassian entered into a definitive agreement to acquire Loom, an asynchronous video messaging platform, for approximately $975 million (inclusive of Loom’s cash balance). The acquisition was completed on November 30, 2023, with Loom integrated across Atlassian’s collaboration suite while remaining available as a standalone product.

Washington Federal Acquires Luther Burbank to Create a $29 Billion Western US Bank

May 5, 2023

Financial Services

Washington Federal, Inc. signed a definitive, all-stock merger agreement to acquire Luther Burbank Corporation and its wholly-owned subsidiary Luther Burbank Savings. The deal is valued at approximately $654 million based on Washington Federal’s Nov. 11, 2022 stock price and is intended to expand Washington Federal’s footprint into California, subject to shareholder and regulatory approvals.