Acquisitions in Massachusetts, United States

Datacolor announced it has acquired TECHKON USA, a Danvers, Massachusetts-based provider of color measurement technology including ChromaQA software and in-line spectrometers. The deal expands Datacolor’s product offering and strengthens its presence in the printing and packaging market, with TECHKON USA expected to scale globally under Datacolor’s ownership.

Siemens Digital Industries Software has completed the acquisition of DownStream Technologies, a provider of manufacturing data preparation and documentation tools for printed circuit board (PCB) design. The deal strengthens Siemens’ PCB design-to-manufacturing workflow offering and expands its reach in the electronics SMB market. Terms were not disclosed and the transaction closed on April 7, 2025.

Standard Solar acquired the Churchill Street Solar Farm from Sunfarm Solar, expanding its portfolio of operating solar assets in Massachusetts. The acquired 3.2 MW ground-mounted project is located in Pittsfield and is described as one of the largest solar systems in the Northeast.

Reconomy completed two U.S.-based acquisitions—Complete Solutions & Sourcing and Waste Focus—to expand capabilities and accelerate growth of its U.S. waste management platform, Lincoln Waste Solutions. Both businesses will integrate into Lincoln Waste Solutions, strengthening Reconomy’s waste and recycling services management offering across multiple customer segments.

HouseWorks Holdings, LLC acquired Massachusetts-based home care providers O'Connell Care at Home and Best Home Care to expand its personal care services footprint in a core market. O'Connell Care at Home is based in the Springfield region and Best Home Care serves the Greater Boston area, strengthening HouseWorks' operations and staffing reach across Massachusetts. The transactions are HouseWorks' second and third acquisitions in Massachusetts since its partnership with InTandem Capital in December 2022.

Sprockets acquired HourWork, a Boston-based AI-driven recruitment and retention platform focused on hourly workers. The deal expands Sprockets’ capabilities across recruitment, screening, and post-hire engagement to help employers improve hiring and retention outcomes.

Symbotic Inc. acquired substantially all of the assets of Veo Robotics for $8.7 million, including the FreeMove 3D depth-sensing computer vision system and related intellectual property. Symbotic plans to integrate FreeMove into its robotic warehouse automation system to improve productivity and enable safer, more flexible human-robot collaboration in industrial workcells.

New Era Cap, LLC completed its acquisition of '47, a privately held premium sports lifestyle brand, for undisclosed financial terms. The combination brings together two family-founded brands to expand their global apparel and accessories portfolio, while continuing to operate separate e-commerce sites and from their respective headquarters.

Bradford White Corporation has acquired Heat-flo, a maker of stainless steel indirect water-heating and hydronic storage tanks. The deal expands Bradford White’s water-heating product portfolio across residential, commercial, and industrial markets, with ongoing operations continuing at Heat-flo’s Uxbridge, Massachusetts facility and support from Bradford White subsidiary Laars Heating Systems.

Danforth Advisors, LLC acquired BW Health Group, a provider of commercial readiness and product launch services for small and mid-sized life science companies. The acquisition expands Danforth’s integrated services offering to include commercialization capabilities such as commercial planning, product launch, and ongoing marketing. Following the transaction, Tom McDonnell will lead BW Health Group as CEO, while founder Thad Bench will serve in an advisory role.

MCRC provided a combination of debt and equity financing alongside two entrepreneurs and other equity investors to support the acquisition of Boston Fire Sprinkler Protection, Inc. The investment is intended to fund the change of ownership and provide additional capital to expand and grow the fire sprinkler installation, inspection, retrofit, and service business in the Boston/Cambridge area.

An affiliate of Partner One entered into an asset purchase agreement to acquire substantially all assets related to SeaChange International’s product and services business and assume certain liabilities. The transaction price is $30 million (less SeaChange’s cash and cash equivalents at closing) and is expected to close in the first quarter of SeaChange’s fiscal year 2025, subject to shareholder approval and other conditions.

Trexon announced the sale of its Industrial Products Group (IPG) to Amphenol Corporation in a divestiture completed late last year. The transaction includes the brand portfolios of TPC Wire & Cable, Pittsburgh Wire and Cable, and MilRail, which will operate within the Amphenol family. Financial terms were not disclosed.

Accenture has completed its acquisition of OnProcess Technology, a provider of supply chain managed services focused on after-sales operations and reverse logistics. The deal expands Accenture’s supply chain delivery capabilities within Accenture Operations, adding OnProcess’s automation, AI, and data-led decision-making expertise to help clients improve operational efficiency, customer experience, and supply chain sustainability.

Windjammer Capital Investors acquired Bio X Cell, LLC in partnership with the company’s management; terms were not disclosed. Bio X Cell is a producer of monoclonal antibodies used in in vivo and in vitro pre-clinical research applications, and Windjammer plans to support accelerated growth and potential acquisitions.

Seacoast Capital made an investment in Focus Technology Solutions, providing a combination of equity and debt. The financing supports a majority recapitalization/management buyout by Focus’ management team and provides working capital for continued growth. Terms of the transaction were not disclosed.

Edelman Financial Engines (EFE) announced the acquisition of PRW Wealth Management, a registered investment advisor offering strategic planning, investment management, and wealth transfer services. PRW is headquartered in Quincy, Massachusetts and manages over $500 million in assets for roughly 200 clients. The deal represents EFE’s fifth acquisition in the past thirteen months as it continues expanding its wealth planning capabilities nationwide.

Trane Technologies has completed its acquisition of Nuvolo, a provider of cloud-based connected workplace and enterprise asset management software built on the ServiceNow platform. The deal expands Trane Technologies' SaaS and digital capabilities to address growing demand for modern workplace and asset management solutions and to support customers' decarbonization and workplace transformation goals.

JPA Health, a portfolio company of Great Point Partners, completed the acquisition of True North Solutions, Inc., a Cambridge, Massachusetts-based firm focused on commercial, clinical, and medical affairs with strengths in AI-driven predictive analytics and natural language processing. The deal expands JPA Health’s data science, analytics, and digital acceleration capabilities to enhance its healthcare agency offerings for biopharmaceutical and medical device clients.

Heads Up Technologies, Inc. (HUT), a provider of lighting and cockpit/cabin electronics for aviation, acquired ALTO Aviation. ALTO Aviation designs and manufactures high-end OEM and aftermarket aircraft audio and cabin management systems and is headquartered in Sterling, Massachusetts. HUT is backed by private equity firm JLL Partners.

Azurity Pharmaceuticals, Inc. closed its acquisition of Slayback Pharma LLC, making Slayback a wholly-owned subsidiary. The business was purchased from existing investors including KKR and Everstone Capital, and the combination is intended to strengthen Azurity’s pipeline and R&D capabilities to accelerate new medicine launches.

Praecipio has acquired Gurnet Consulting, an Atlassian-specialized management consulting firm, to expand its enterprise transformation and Atlassian capabilities across the Northeastern United States and Canada. The deal strengthens Praecipio’s regional footprint and enhances its consulting offerings spanning agile, DevOps, ESM/ITSM, and related services. Financial terms were not disclosed.

Hubstaff announced it has received a growth investment from WestView Capital Partners to accelerate expansion of its workforce management SaaS platform focused on remote productivity and employee experience. As part of the transaction, WestView representatives will join Hubstaff’s Board of Directors, with debt financing provided by Abacus Finance.

ZRG, a global talent advisory firm, announced the acquisition of The Registry, an interim executive solutions firm focused on higher education. The Registry, headquartered in Peabody, Massachusetts, provides interim leadership placements for colleges and universities across the U.S. and internationally.

Thomas Scientific completed the acquisition of Quintana Supply, a Massachusetts-based provider of cleanroom, packaging, and industrial products, on August 1, 2023. The deal expands Thomas Scientific’s distribution footprint in the Northeast by adding Quintana’s Haverhill, Massachusetts facility and enhances its ability to serve controlled-environment customers in advanced technology and industrial segments.

WIN-911, an industrial monitoring, alerting, and notification software provider backed by Capstreet, acquired SyTech, a developer of industrial reporting software (XLReporter). Following the acquisition, WIN-911 and SyTech will operate as a combined entity under the new brand SmartSights. SyTech was founded in 1994 and is based in Franklin, Massachusetts.

Thermo Fisher Scientific has entered into a definitive agreement to acquire CorEvitas, a provider of regulatory-grade real-world evidence and registry-based data intelligence for approved therapies. The company is being acquired from Audax Private Equity for $912.5 million in cash and is expected to join Thermo Fisher’s Laboratory Products and Biopharma Services segment upon closing (anticipated by end of 2023).

3STEP Sports acquired US Officials to add a referee assignment and development capability to its expanding soccer division. US Officials, founded in 2008, operates a platform and network of 6,000+ soccer officials and partners with more than 50 soccer event operators, strengthening 3STEP’s game-day ecosystem and supporting national expansion.

Amplix, a portfolio company of Gemspring Capital, announced the acquisition of Corporate Accessories Group, LLC (CAG), a full-stack mobility solutions provider. CAG, headquartered in Belmont, Massachusetts, provides full lifecycle mobility management services including wireless plan management and spend optimization; financial terms were not disclosed. The deal expands Amplix’s technology advisory and software platform with enhanced mobility cost optimization capabilities.

424 Capital closed a significant investment in PTP, an AWS-focused IT managed services provider serving biotechnology and life sciences clients. The investment is intended to expand PTP’s capabilities and support growth into new geographies and markets. Canaccord Genuity advised PTP on the transaction.

O2 Investment Partners, through its portfolio company BerlinRosen Holdings, made an investment in and partnered with Inkhouse, a strategic communications agency led by founder and CEO Beth Monaghan. Inkhouse will retain its brand and remain independent under existing leadership while gaining access to BerlinRosen’s expanded communications and marketing services platform. Financial terms were not disclosed.

New Jersey-headquartered Proforma Spectrum Graphics acquired DataGuide, a Boston-based printing and promotional products distributor. Financial terms were not disclosed; executives noted DataGuide generates more than $3 million in annual revenue. Proforma Spectrum owner Jay Vento said the acquisition supports a growth strategy aimed at reaching $25 million in annual sales, with support from Proforma.

South Watch, LLC, a provider of outsourced fund administration and middle-office services, announced a strategic investment by Everlane Equity Partners. The partnership is intended to support South Watch’s continued growth and expansion of services, with the company continuing to be led by its existing management team.

New Mountain Capital announced a new majority investment in ALKU, a specialty staffing firm headquartered in Andover, Massachusetts. Existing investors FFL Partners and WestView Capital Partners, along with ALKU management and founder/CEO Mark Eldridge, are reinvesting alongside New Mountain as the company pursues continued growth.

Ethos Capital LP has acquired Newforma, Inc., a collaboration and project information management software provider for the architecture, engineering, construction, and owners (AECO) industry. Headquartered in Boston, Newforma offers PIM and BIM collaboration solutions and plans to accelerate product development and cloud migration with Ethos’ support.

Rapid7, Inc. acquired Minerva Labs, Ltd., a provider of anti-evasion and ransomware prevention technology, to enhance Rapid7’s Managed Detection and Response (MDR) offering. The deal extends Rapid7’s managed threat detection and orchestration capabilities from endpoint to cloud resources. Rapid7 will pay approximately $38 million in cash and stock, subject to adjustments.

Lorom Holding Co., Ltd., a manufacturing solutions provider backed by Cornell Capital, has acquired Segue Manufacturing Services, a global contract electronics manufacturer focused on electromechanical integration and cable/harness assembly. The deal expands Lorom’s North American manufacturing footprint and enhances its vertically integrated cable and electromechanical manufacturing capabilities. Financial terms were not disclosed.

GreenPages Technology Solutions acquired Arcas Risk Management, a Massachusetts-based cybersecurity, risk advisory, and compliance consulting firm, in a transaction completed on February 1, 2023. The deal expands GreenPages’ cybersecurity practice, adding capabilities including incident response, risk assessments, cybersecurity programs, and security operations.

Progress announced it has completed the acquisition of MarkLogic, a Vector Capital portfolio company, for $355 million. The deal expands Progress’ application development and infrastructure software portfolio by adding MarkLogic’s NoSQL database, search, and semantic metadata management capabilities, and is aligned with Progress’ Total Growth Strategy.

Northstar Recycling Company, a portfolio company of Ridgemont Equity Partners, acquired Sonoco Sustainability Solutions (S3), an asset-light managed service provider of customized waste diversion programs. S3 had operated for 17 years as a division of Sonoco, and the combination expands Northstar’s capabilities and customer base in managed waste and recycling solutions. Financial terms were not disclosed.

M Mountain Capital LLC and its affiliates completed an investment in Promounds, Inc. d/b/a On Deck Sports (ODS), closing on December 30, 2022. ODS is a manufacturer and distributor of baseball and softball equipment and provides design, development, and installation services for indoor training facilities. Siguler Guff & Company, LP participated as a significant equity co-investor and also provided senior term debt to support the transaction.

Talent Group, a national IT staffing company backed by Osceola Capital, has acquired Queen Consulting Group, an IT staffing and consulting firm focused on healthcare and pharma IT and Epic EMR implementations. Queen Consulting Group founder Carl Foster and key executives will join Talent Group’s senior leadership team as the combined organization expands its IT human capital services and consulting offerings.

Gemspring Capital Management, LLC acquired a majority interest in Amplix, a provider of technology advisory services and software. Amplix was formed through the merger of ROI Communications, Blue Front Technology Group, and allConnex and is headquartered in Norwood, Massachusetts.

Emler Swim School acquired Little Flippers Swim School on October 13, 2022, expanding into Massachusetts/New England and adding two locations (Natick and Winchester) to reach 38 facilities across seven states. The transaction also included Planet Gymnastics, a movement education center attached to the Natick Little Flippers location, which will continue operating under its existing name and with current staff.

Orion Energy Systems, Inc. acquired Voltrek, LLC to expand into the electric vehicle (EV) charging station market. Voltrek provides turnkey commercial EV charging solutions—from planning and installation to ongoing maintenance and management—and will operate as an independent brand within Orion.

Salary.com announced it has received a significant equity investment from Accel-KKR. The funding will support continued advancement of Salary.com’s AI-driven pay equity and enterprise compensation software and help accelerate growth and expanded product offerings in the HCM space.

AdaptHealth (NASDAQ: AHCO) acquired Spiro Health Services (Spiro), a respiratory-focused post-acute home medical equipment and supplies provider, expanding AdaptHealth’s footprint in New England. Spiro was previously a portfolio company of Upstream Capital, alongside investment partner NewSpring Capital, who sold the business as an exit investment.

Kelso & Company acquired Align Capital Partners' interest in WilliamsMarston LLC, a Boston-headquartered provider of complex accounting, tax, and valuation advisory services. Align Capital Partners had invested in WilliamsMarston in July 2020 and exited following a period of significant growth that included geographic expansion and multiple add-on acquisitions.

HUB International Limited has acquired the assets of Winter Harbor Insurance Group, LLC, an independent insurance agency based in Woburn, Massachusetts. Winter Harbor provides commercial and personal insurance solutions to businesses and individuals, and its president Jimmy Aiken will join HUB New England. Financial terms were not disclosed.

Pfingsten-backed New England Electrical Contracting, LLC acquired Atlas Innovative Services, Inc., a provider of maintenance, repair, and upgrade services for critical telecommunications infrastructure. Atlas is headquartered in Pembroke, Massachusetts with operations in Punta Gorda, Florida, and the deal strengthens New England Electrical’s service coverage in New England while expanding into Florida. The transaction closed on August 5, 2022, and Atlas leadership will remain with the business and become shareholders in New England Electrical.

Harver announced it has completed the acquisition of pymetrics, a provider of unbiased soft-skills assessments. The combination adds pymetrics’ behavioral-based AI methodology to Harver’s talent assessment suite, expanding capabilities across talent acquisition and talent management throughout the employee lifecycle.

Tandym Group, a national recruitment, contract staffing, consulting, and workforce solutions company backed by Mill Rock Capital, acquired Longford & Company. Longford is a Boston-based technology consulting and executive search firm serving clients primarily in life sciences and pharmaceuticals; financial terms were not disclosed.

World Insurance Associates LLC (WIA) acquired Tarpey Insurance Group and Rush-Kent Insurance Agency Inc. on August 1, 2022, expanding its presence in the Greater Boston area. The terms of the transactions were not disclosed.

Dynamo Software, Inc. acquired Smonik Systems, a data management and reconciliation software provider serving the private investment and financial services industry. The deal expands Dynamo’s data automation capabilities by adding Smonik’s products for data collection, extraction, validation, and reconciliation, strengthening Dynamo’s end-to-end alternative investment software offering. Dynamo is backed by Blackstone and Francisco Partners, and both companies are headquartered in the Boston, Massachusetts area.

A fund managed by BlackRock Real Assets has acquired Vanguard Renewables from Vision Ridge Partners. BlackRock Real Assets will partner with Vanguard Renewables’ management team to support expansion of the company’s organics-to-renewable energy platform, including plans to commission more than 100 anaerobic digesters producing renewable natural gas across the United States by 2026.

GTY Technology Holdings Inc. completed its acquisition by an affiliate of GI Partners in an all-cash transaction valued at $6.30 per share. Following the merger, GTY became a privately held company and its common stock ceased trading on public markets.

GEF Capital Partners completed the acquisition of Lifecycle Renewables Inc., a producer of renewable heating oil made from used cooking oil. The investment is intended to help Lifecycle Renewables expand production of its LR100 biogenic fuel and broaden its geographic reach beyond the Northeast and Mid-Atlantic to meet growing demand for sustainable fuels in North America.

ReSource Pro acquired Boston-based InsurTech startup towerIQ, a P&C insurance-focused enterprise SaaS platform that streamlines workflows and captures valuable commercial insurance data. The acquisition supports ReSource Pro’s insurance transformation strategy by enhancing client automation, data optimization, and productivity across complex and specialty commercial accounts. The transaction closed on June 24, 2022, and towerIQ CEO Adam Demos will continue to lead the team within ReSource Pro.

Lumanity announced the acquisition of Endpoint Outcomes ("Endpoint"), a scientific research and consulting firm specializing in patient-centric clinical outcomes assessments and incorporating the patient voice into drug development. The deal expands Lumanity’s global health economics and outcomes research (HEOR) capabilities, strengthening its value demonstration services for pharmaceutical and biotech clients.

Berlin Packaging announced the acquisition of Andler Packaging Group, a value-added distributor of plastic, glass, and metal containers and closures. The deal expands Berlin Packaging’s pharmaceutical and nutraceutical packaging offerings and adds multiple distribution locations across the U.S. Atlantic Coast/New England region.

ClearGov, a cloud-based government budgeting software company, acquired the CityGrows platform. The deal expands ClearGov into the permitting and licensing market, adding CityGrows’ workflow-based software to help local governments modernize permitting and other form-driven processes.

Frazier Healthcare Partners, a healthcare-focused private equity firm, completed the acquisition of Apollo Intelligence, a provider of real-time healthcare and life science data and insights. The investment is intended to accelerate Apollo’s growth strategy and expand its ability to deliver tech-enabled research and analytics solutions to global healthcare organizations.

Thayer Infrastructure Services, LLC (TIS) announced it has completed the acquisition of J. Lee Associates, Inc., a wireless communications construction company serving the New England area. J. Lee will operate as part of American Cell Enterprises, LLC, one of TIS’s operating companies, with current leadership continuing to oversee the business. Financial terms were not disclosed.

ARCH Medical Solutions Corp. acquired M&K Engineering, a precision manufacturing company based in Woburn, Massachusetts. The deal expands ARCH’s vertically integrated precision machining and medical contract manufacturing capabilities, serving medical, aerospace, and defense customers. Following the transaction, M&K will operate as ARCH Medical & Aerospace – Woburn under the ARCH Medical Solutions umbrella.

Med-Metrix, a technology-enabled revenue cycle management (RCM) solutions provider backed by A&M Capital Partners, acquired PatientPal, Inc. PatientPal provides patient engagement and front-end RCM software (e.g., scheduling, eligibility verification, prior authorization and payments) that will enhance Med-Metrix’s intake technology and automation capabilities. Financial terms were not disclosed.

SyBridge Technologies, a global industrial technology company established by Crestview Partners, has acquired Wachusett Precision Tool (WPT). The deal expands SyBridge’s life sciences manufacturing footprint with WPT’s Massachusetts-based high-precision tooling and mold capabilities serving medical and consumer packaging customers.

Cadre Holdings, Inc. entered into a definitive agreement to acquire Cyalume Technologies, a manufacturer of proprietary chemical illumination solutions used by U.S. and NATO military forces, first responders, and commercial customers. The transaction is expected to close in May 2022 for a purchase price of $35.0 million and will be funded with available cash and draws on existing credit facilities.

Symeres, a European drug discovery CRO/CDMO majority-owned by Keensight Capital, has acquired Organix Inc., a US-based organic chemistry services provider focused on lipids. The acquisition expands Symeres’ drug discovery offering into the fast-growing lipids market and strengthens its foothold in the United States, particularly the Boston biopharma ecosystem.

Rock Content announced the acquisition of WriterAccess, a talent marketplace for content creation with AI-enabled capabilities. The deal expands Rock Content’s global talent network and strengthens its end-to-end content marketing solutions portfolio, with plans to keep WriterAccess standalone while integrating it into Rock Content’s product suite over time.

RoadSafe Traffic Systems, Inc. acquired Liddell Bros, Inc. and Liddell Leasing, Corp., expanding its traffic control and pavement marking footprint in New England. The acquired companies, based in Halifax, Massachusetts, provide traffic control services and equipment including installation of overhead signs and structures. The deal represents RoadSafe’s fourth and fifth acquisitions since partnering with private equity firms Investcorp and Trilantic North America in April 2021.

Cold Chain Technologies, LLC (CCT), a portfolio company of Aurora Capital Partners, acquired Packaging Technology Group, LLC (PTG) to expand its sustainable thermal packaging offering for the life sciences supply chain. PTG adds its curbside-recyclable thermal packaging products and proprietary design and manufacturing technologies to CCT’s platform. Financial terms were not disclosed.

TA Associates signed a definitive agreement to make a significant growth investment in Veracode, valuing the company at $2.5 billion. Veracode’s current majority investor, Thoma Bravo, will retain a minority position following the transaction, which is expected to close in Q2 2022 subject to customary conditions.

Five Star Franchising acquired Mosquito Shield, a franchisor of residential mosquito and tick control services, expanding Five Star’s portfolio of service-based franchise brands. Mosquito Shield founder David Briggs will remain involved as an advisor following the acquisition. Five Star Franchising is backed by private equity firm Princeton Equity Group.

CORE Industrial Partners portfolio company CGI Automated Manufacturing acquired DFF Corporation, a precision manufacturer of machined components and electromechanical assemblies. DFF will join the CGI platform launched by CORE in August 2021, expanding CGI’s CNC machining capacity and adding an East Coast manufacturing footprint in Agawam, Massachusetts.

Magna5 acquired TCG Network Services, a Boston-based managed IT and cybersecurity services provider. Magna5 is a national provider of managed IT, cybersecurity, and cloud-based services and is a platform company of NewSpring Holdings. The transaction was facilitated by ITX (IT ExchangeNet).

Huntington Bancshares Incorporated entered into a definitive agreement to acquire Capstone Partners, an independent middle-market investment banking and financial advisory firm. The deal is intended to expand Huntington’s capital markets and advisory capabilities for middle-market commercial banking customers and is expected to close in the second quarter of 2022, subject to regulatory approval and customary closing conditions.

Solve Advisors acquired credit and municipal bond data and analytics providers Advantage Data and Best Credit Data. The two businesses will be integrated into Solve’s organization to expand its fixed income market data, proprietary analytics, and workflow capabilities. The acquisitions follow Solve’s recent investment from affiliates of Charlesbank Capital Partners.

Recipharm AB announced it will acquire Vibalogics, a contract development and manufacturing organization (CDMO) specializing in oncolytic viruses, viral vaccines, and gene therapies. Vibalogics is an Ampersand Capital Partners portfolio company and will continue operating while leveraging Recipharm’s broader CDMO network and capabilities.

Magna5, a NewSpring Holdings platform company, announced the acquisition of TCG Network Services, a Boston-based managed IT and cybersecurity services provider. The deal expands Magna5’s managed services footprint and strengthens its capabilities in cybersecurity, data recovery, and cloud services for the lower middle market.

Altor Solutions, a subsidiary of Compass Diversified (CODI), acquired Foam Concepts, Inc., a manufacturer of expanded polystyrene (EPS) foam products serving cold chain, protective packaging, and construction end markets. The acquisition expands Altor’s manufacturing footprint and strengthens its position in packaging, insulation, and componentry solutions; financial terms were not disclosed.

DoseSpot, an e-prescribing SaaS platform for clinicians, announced a growth investment from PSG. The partnership aims to accelerate DoseSpot’s customer support and go-to-market expansion to grow its user base, with financial terms undisclosed.

TriNetX announced it has acquired Advera Health Analytics, a provider of pharmacovigilance software, analytics, and drug-safety data. The deal brings Advera’s Evidex pharmacovigilance platform into TriNetX’s real-world data network to help life sciences clients detect, manage, and validate drug safety signals in real time.

Headwall Photonics completed a recapitalization led by Arsenal Capital Partners, in partnership with existing management and ownership, resulting in Arsenal becoming the majority owner. Terms of the transaction were not disclosed. Headwall designs and manufactures hyperspectral imaging systems, spectral instrumentation, and optical components used across industrial and scientific applications.

MPE Partners (Morgenthaler Private Equity) announced the recapitalization of Inkcups, a global specialty printing equipment and supplies provider. MPE partnered with founder and CEO Benjamin Adner, with the investment intended to support accelerated growth through continued product development, customer support, and geographic expansion.

Arsenal Capital Partners announced that its Value Demonstration business has acquired Zipher Medical Affairs, a U.S. provider of medical affairs strategic consulting services. The acquisition expands Value Demonstration’s medical affairs capabilities, complementing its offerings in areas such as medical communications and health economics, and supports its integrated service model for life sciences clients.

ConvergeOne acquired Integration Partners Corporation to expand its presence in New England and the Midwest. Integration Partners, headquartered in Lexington, Massachusetts, designs and implements data center, networking, cybersecurity, and collaboration solutions supported by professional and managed services.

Rotunda Capital Partners acquired a majority stake in Siegel Egg Co., a wholesale distributor of bakery ingredients and other food products serving New England and New York. Siegel will continue to be led by CEO Ken Siegel, with Ken Siegel and Amy Siegel Feld staying on to support the company’s growth plans, including expansion and potential add-on acquisitions.

Nevco Sports, LLC acquired Lynx System Developers, Inc., a sports technology data company based in Haverhill, Massachusetts. The deal expands Nevco’s scoring and display solutions to include photo-finish timing and results technology, enhancing its end-to-end offering for sporting facilities worldwide. Lynx will continue operating from Haverhill, Massachusetts.

Arcline Investment Management acquired a controlling stake in American Holt Corporation from founder and CEO Jon Levy. American Holt provides technology-enabled aftermarket replacement parts for production and processing machinery, with a focus on high-throughput manufacturing environments including food and beverage. The existing management team will continue to lead the company with Arcline’s support.

Ampersand Capital Partners completed the sale of its portfolio company Adaptas Solutions to IMI plc for $271 million in cash. Adaptas provides mission-critical components and subsystems for complex laboratory instruments in life sciences, diagnostics, and lab automation markets and is headquartered in Palmer, Massachusetts.

Alcami Corporation, a pharmaceutical and biotech contract development and manufacturing organization (CDMO), completed the acquisition of Masy Systems Inc. (Masy BioServices), a provider of cGMP biostorage and pharma support services. The deal adds complementary biostorage capacity and related validation/calibration services to Alcami’s offerings; financial terms were not disclosed.

Dental365 announced the acquisition of Beacon Dental Health, a New England-based dental service organization supporting 14 general dental practices. The deal expands Dental365’s footprint into Massachusetts and Rhode Island and brings the combined organization to more than 90 supported practices and over 1,000 employees.

HealthEdge Software, Inc. has completed its previously announced acquisition of Wellframe Inc., a digital health management and member engagement platform for health plans. The deal expands HealthEdge’s SaaS portfolio into digital health management and consumer engagement, and includes new investors in the combined company such as Coatue, HLM Venture Partners, and BlueCross BlueShield Venture Fund. Financial terms were not disclosed.

Cross-Fire & Security Co., Inc., a fire and life safety services platform established by AE Industrial Partners, acquired NISCO, Inc. (Northeast Integrated Systems and Northeast Fire Systems). The deal represents Cross-Fire’s second add-on acquisition and expands its fire alarm and life safety solutions presence across the Northeastern United States; financial terms were not disclosed.

Private equity funds managed by Blackstone have completed the acquisition of International Data Group, Inc. (IDG) from Oriental Rainbow, LLC, a subsidiary of China Oceanwide Holdings Group, Co. Ltd., for an enterprise value of $1.3 billion. IDG provides market intelligence and data for the technology industry through its subsidiaries International Data Corporation (IDC) and IDG Communications (IDGC).

Navisite acquired EightCloud, a specialty Salesforce consulting company, to expand its enterprise application, data management, and cloud services offerings. EightCloud adds Salesforce advisory, implementation, and managed services capabilities to support Navisite’s customer-focused growth strategy.

Trive Capital announced the acquisition of Sterling Precision, Inc., which will join California Brazing as part of the Vitesse Systems platform launched in 2018. Sterling Precision, headquartered in Clinton, Massachusetts, manufactures dip-brazed assemblies and thermal management and communication devices for mission-critical communication, radar, and electronic warfare applications.

Vaco, a global talent solutions firm, acquired Bay State Search, a Boston-based talent acquisition and outsourcing firm. The acquisition marks Vaco’s entry into the Boston market and expands its Northeast presence across consulting, contract, and direct-hire staffing services.

Hilb Group acquired Massachusetts-based Forrest Insurance Agency, effective October 1, 2021, to expand its property and casualty insurance offerings and strengthen its presence across New England. Forrest Insurance principals Larry Forrest and Michael Forrest, along with their team, will join Hilb Group's New England regional operations.

ACON Investments formed a new North American sustainable seafood platform by simultaneously acquiring and merging Northern Wind Inc., Suncoast Seafood Inc., and Raymond O'Neill & Son Fisheries Ltd. The combined business will operate as Atlantic Sustainable Catch (ASC), a premium sustainable seafood processor and distributor focused on scallops and lobster across locations in Massachusetts and New Brunswick. Existing owners and management teams will remain in leadership roles and retain meaningful equity alongside ACON.