UL Solutions Acquires Cimteq Ltd from Foresight Group

UL Solutions Acquires Eurofins Scientific’s Electrical & Electronics Business

April 13, 2026

Professional Services

UL Solutions agreed to acquire Eurofins Scientific SE’s electrical and electronics (E&E) business, including the MET Labs certification mark, for an enterprise value of approximately €575 million. The deal was completed on October 1, 2026, adding testing, inspection and certification capabilities and laboratory locations across EMEA, Asia and the United States to UL Solutions’ network.

Sandvik Acquires QTE Manufacturing Solutions

November 3, 2025

Software

Sandvik AB has acquired QTE Manufacturing Solutions (QTE), a US-based reseller of Mastercam CAM software as well as Verisurf metrology and Vericut CNC simulation software. QTE, headquartered in St. Charles, Missouri, has 12 employees and reported around SEK 45 million in revenue in 2024; it will become part of Sandvik's Mastercam business unit within the Machining and Intelligent Manufacturing area. The purchase price was not disclosed.

QualTek Acquires Urban Cable Technology

October 15, 2021

Telecommunications

QualTek, a national provider of telecom and infrastructure services, has acquired Urban Cable Technology, a regional telecom contractor based in West Chester, Pennsylvania. The acquisition expands QualTek’s wireline capabilities and geographic footprint in the Northeastern United States; financial terms were not disclosed.

Equisoft Acquires U.K. Pension and Investment Solutions Provider Altus

July 5, 2021

Financial Services

Equisoft, a Montreal-based digital solutions provider to the financial industry, has acquired U.K.-based Altus, a Bath-headquartered provider of investment and pension management products and services. The acquisition adds a first European location to Equisoft's operations, expands its pension and investment product portfolio and brings Altus' client base and expertise into Equisoft's global digital solutions offering.

Lynn Electronics Acquires Total Cable Solutions

March 15, 2021

Telecommunications

Lynn Electronics completed its acquisition of Total Cable Solutions (TCS), a Springboro, Ohio manufacturer of telecom and data center cable products. The deal expands Lynn's product portfolio and manufacturing capacity—adding a third 11,500 sq. ft. facility—and strengthens its position in the telecom and data center markets.

H.I.G. Capital Acquires CXtec and TERACAI

August 29, 2016

IT Services

H.I.G. Capital (through an affiliate) has acquired CABLExpress Corporation d/b/a CXtec and TERACAI Corporation, both headquartered in Syracuse, New York. The acquisitions combine CXtec’s refurbished networking hardware, data center cabling manufacturing and aftermarket maintenance capabilities with TERACAI’s systems-integration and IT infrastructure services to accelerate product and service expansion and growth.