Acquisitions in Massachusetts in 2025

Alliance Entertainment (NASDAQ: AENT) completed the acquisition of Endstate, effective December 31, 2025, acquiring all Endstate assets and forming a wholly owned subsidiary, Endstate Authentic LLC. The purchase brings Endstate's NFC- and blockchain-enabled product authentication technology and founders into Alliance to expand authenticated resale, digital product identity, and brand protection capabilities across Alliance's global distribution network.

B&D Fabricators, an Entegra Attachments company, has acquired Leading Edge Attachments Inc., a Hubbardston, Massachusetts maker of patented frost and rock ripping buckets and other heavy equipment attachments. Leading Edge will operate under B&D Attachments LLC and the acquisition expands Entegra's heavy attachments platform by adding specialized products and engineering expertise to B&D's design library.

Nagarro has acquired Charles Hudson Technology Solutions (CHTS), a Cambridge, Massachusetts-based technology services firm specializing in quality engineering for digital commerce and retail. The acquisition strengthens Nagarro's US presence and expands its capabilities in quality engineering and retail/CPG digital commerce, adding CHTS's team of over 180 professionals across the US and India.

HBox, a virtual care platform for specialty practices, received a growth investment from Charlesbank’s Technology Opportunities Fund II to accelerate expansion of its virtual care capabilities and scale its remote monitoring and patient-engagement offerings. The transaction closed on December 17, 2025 and will support HBox’s efforts to broaden specialty coverage (cardiology, pulmonology, nephrology) and strengthen its position as a virtual clinic partner for independent specialty practices.

Boise Cascade Company has completed its acquisition of Humphrey Company, Inc. (d/b/a Holden Humphrey), a two-step distributor of building materials based in Chicopee, Massachusetts. The deal expands Boise Cascade’s distribution partnerships and product offerings in the Northeast region.

UK-based Polaris Software, backed by private equity firm August Equity, has acquired Massachusetts-based Sitestream, a provider of automated traffic enforcement and municipal compliance software. The deal is an add-on to Polaris’ growing portfolio and is intended to accelerate the company’s expansion into the U.S. public sector market and broaden its municipal compliance and road-safety offerings.

Aptyx has acquired Argos Corporation, a Massachusetts-based precision extrusion specialist, and will establish a Boston-area Precision Extrusion Center of Excellence to expand medical tubing and catheter-grade extrusion capacity. The deal enhances Aptyx’s capabilities for interventional and catheter-based device markets, adding in-house tooling and micro-extrusion expertise to its integrated medical manufacturing platform.

Allworth Financial has acquired Needham, Massachusetts–based fiduciary advisory firm FSA Wealth Management, which oversees $460 million in assets under management. The deal brings six professionals (including five advisors and two managing partners) into Allworth's Greater Boston operation as the team transitions into Allworth's Waltham office to deepen the firm's up‑market advisory capabilities.

InTandem Capital Partners completed an equity investment in The Phia Group, a Canton, Massachusetts-based leader in healthcare cost containment. HarbourVest Partners and Partners Capital joined as co-investors, while WestView Capital Partners remains a significant existing investor; advisors to the transaction included Houlihan Lokey and TripleTree.

McAfee has completed the acquisition of MineOS's consumer privacy division. MineOS will divest its consumer product to focus fully on enterprise privacy, risk management, and AI governance, reinvesting proceeds to accelerate its enterprise platform development.

Trucordia, a top-20 U.S. insurance brokerage headquartered in Lindon, Utah, has acquired Charles River Insurance, an independent insurance agency based in Framingham, Massachusetts with an additional office in Leominster. The acquisition strengthens Trucordia's presence in New England and expands its local personal and commercial lines capabilities.

King Risk Partners has acquired Acacia Insurance, an independent insurance agency headquartered in Waltham, Massachusetts, to expand its presence in the New England market. The deal adds Acacia's personal and commercial lines expertise and local client relationships to King Risk's platform to accelerate regional growth and broaden service offerings.

Vessco Water announced that Atlantic Fluid Technology (Northborough, Massachusetts) has joined the Vessco Water platform as an add-on acquisition. The deal expands Vessco's presence in New England's municipal and industrial water and wastewater markets and adds engineering, distribution, and field-service capabilities focused on valves, actuators, control panels and flow-control equipment.

Innovative Lab Services (ILS) has acquired Overbrook Scientific, a provider of laboratory relocations, asset management, and multi-vendor instrument maintenance, to expand ILS's national footprint and specialized lifecycle capabilities. Overbrook's founder Ted Palashis and the full Overbrook team will join ILS and continue to lead laboratory lifecycle and technical services within the combined organization.

CyberRisk Alliance (CRA) has acquired ChannelPro Network, a content and events business serving the SMB Managed Service Provider (MSP) community. The deal expands CRA's cybersecurity and channel-focused business intelligence portfolio by combining ChannelPro's audience, events, and content with CRA's existing brands and resources.

Azurity Pharmaceuticals has acquired Sebela Pharmaceuticals' bowel preparation franchise, including two leading bowel prep therapies used for colonoscopies. The deal transfers Sebela's commercial team (more than 50 colleagues) and is intended to strengthen Azurity's gastroenterology product portfolio and U.S. market presence.

NB Bancorp, Inc. (Needham) completed the merger with Provident Bancorp, Inc. (BankProv), effective November 15, 2025, with Needham as the surviving entity. The transaction will convert BankProv products and branches to Needham Bank offerings and expands Needham's footprint in northern Massachusetts and southern New Hampshire.

BID Equity, a European private equity firm, has acquired Cuseum, a Boston-based provider of visitor and member engagement software for museums, cultural institutions, and universities. Under BID Equity's ownership, Cuseum will accelerate product innovation, expand globally, and continue serving mission-driven organizations with its mobile-first engagement platform.

Activated Insights, a Cressey & Company–backed workforce enablement platform, has acquired CareAcademy to create an expanded workforce development and compliance training offering for long-term and post-acute care providers. The combined organization will integrate CareAcademy's training and compliance automation with Activated Insights' analytics, benchmarking, recruiting tools and interoperability to deliver a unified platform for home care, home health, hospice, assisted living and skilled nursing providers.

Cogir Real Estate has acquired the management platform of Epoch Senior Living, adding 16 senior living communities across Massachusetts, Connecticut, New York and New Hampshire. The Epoch team will remain in place, bringing over 1,300 employees and creating a new U.S. platform for Cogir to expand its presence in the Northeastern United States.

State Street Corporation has acquired PriceStats, a provider of daily inflation statistics derived from digitally-sourced online prices. PriceStats will operate within State Street Data Intelligence to expand near-real-time inflation indicators and data intelligence capabilities for institutional investors, central banks, and researchers.

MES Life Safety, a national provider of fire, safety, and emergency response solutions, acquired Northeast Rescue Systems, a New England supplier of rescue equipment and PPE. The deal expands MES's technical rescue and PPE capabilities and strengthens service and fulfillment for first responders and industrial safety teams across the region.

Evident has completed its acquisition of Pramana, Inc., a Cambridge-based developer of autonomous whole slide imaging systems for digital pathology. The deal brings Pramana's AI-powered imaging and workflow technology into Evident's microscopy and optical-imaging portfolio to accelerate digital pathology capabilities and broaden solutions for hospitals, research institutions, and laboratories.

Amphenol Corporation has completed its acquisition of Trexon from Audax Private Equity for approximately $1 billion in cash. Trexon, a Boston-headquartered maker of high-reliability cable and interconnect assemblies for defense and harsh environments, will be included in Amphenol's Harsh Environment Solutions segment and is expected to be accretive to earnings.

Harbor IT has acquired New England Network Solutions (NENS), a Lowell, Massachusetts-based managed service provider known for healthcare and life sciences cybersecurity and compliance expertise. The deal expands Harbor IT's Northeast presence, strengthens its healthcare specialization, and brings NENS leadership into Harbor IT's executive team as an add-on to its cyber-first managed services platform.

Marsh McLennan Agency (MMA) has acquired Hayden Wood Insurance Agency Inc., an independent personal-lines agency based in Southborough, Massachusetts. Terms were not disclosed; all employees, including President and owner Morgan Duffy, will join MMA and continue to operate from the existing Southborough office. The acquisition expands MMA's private client capabilities with Hayden Wood's specialty in collector auto and motorsports insurance.

Hometown Financial Group, Inc. has completed its acquisition of CFSB Bancorp, Inc., the bank holding company for Colonial Federal Savings Bank. Colonial Federal's four branches will operate as a division of North Shore Bank, expanding Hometown Financial Group's presence across eastern Massachusetts and the South Shore.

Eastern Bankshares, Inc. completed the previously announced merger with HarborOne Bancorp, Inc., effective November 1, 2025. Under the merger agreement HarborOne shareholders received either Eastern stock (subject to proration) or cash, and Eastern issued approximately 26.94 million shares in connection with the transaction, expanding Eastern’s branch and commercial banking footprint in eastern Massachusetts and Rhode Island.

Waverly Advisors, a Birmingham-based registered investment adviser, has acquired Cape Cod-based Bridge Creek Capital Management. The acquisition, which closed October 31, 2025, brings roughly $447 million of AUM onto Waverly’s platform and expands the firm’s presence in Massachusetts as the entire Bridge Creek team joins Waverly.

Cumming Group has joined with LeftField, a New England owner's project management consultancy led by Jim Rogers, expanding Cumming's presence and capabilities across the Northeast. The deal brings LeftField’s 60+ professionals into Cumming’s platform, strengthening its K–12, higher education, life sciences and municipal project management capabilities in New England.

MES Life Safety, a Platte River Equity portfolio company, has acquired Safety Inc., a Peabody, Massachusetts-based distributor of industrial safety equipment, PPE, and gas-detection instrumentation. The add-on expands MES's capabilities into instrumentation, calibration, and repair services, strengthening its life-safety and industrial protection service offering across New England and nationwide.

Easton Select Group, a Massachusetts-based pool services platform backed by Brenton Point Capital Partners, has acquired Jackson Pool Service, Inc., a Lexington, Massachusetts provider of pool construction, renovation, and maintenance. The deal expands Easton Select Group’s presence in Greater Boston and strengthens its residential and commercial pool construction and service capabilities.

Coats Group plc has completed its acquisition of OrthoLite, the global market leader in premium insoles, from Trilantic North America for an initial enterprise value of $770 million. The deal expands Coats' footwear capabilities and brings OrthoLite's Cirql sustainable materials brand into Coats' portfolio; OrthoLite founder Glenn Barrett will continue to lead the business.

Veriforce has acquired Highwire, a provider of prequalification and contractor risk solutions, to expand its contractor management and supply chain risk capabilities into capital-project use cases. The deal combines Veriforce's global scale and network with Highwire's construction-focused financial risk and field safety tools to broaden services for hiring clients and contractors.

MTX Group Inc., a global technology consulting firm, has acquired VerifyID.ai, an AI-powered digital identity verification platform focused on the public sector. The acquisition expands MTX's AI and cybersecurity capabilities and enables integration of VerifyID.ai's biometric, anti-spoofing, and decentralized identity technology into MTX's government-facing services.

Compactor Rentals of America, LLC (CRA), a portfolio company of Kinderhook Industries, has acquired Maguire Equipment Inc., a Readville, Massachusetts-based provider of waste-handling equipment, rentals, and services. Financial terms were not disclosed; CRA concurrently sold Maguire’s compactor and baler service division to a specialized service provider and gains a strategic foothold in the Greater Boston market to support its national waste solutions platform.

Digital-asset trading platform Talos has acquired blockchain data provider Coin Metrics for more than $100 million, combining Talos's execution and portfolio tooling with Coin Metrics' on-chain analytics, market data and index products. The deal creates an integrated data and investment management platform aimed at institutional crypto clients and accelerates Talos's capability expansion into market data and analytics.

Constant Contact has secured a new strategic growth investment via Clearlake Icon Partners VI, with institutional capital led by Lexington Partners. Clearlake will remain the company's lead investor and management/governance will not change; the funding is intended to support product innovation, AI investment, accelerated growth and future M&A.

GTCR has made a structured minority investment of up to $200 million in Solmetex to fund the company's growth initiatives and support near-term add-on acquisitions. GTCR will partner with existing shareholders including AGIC Capital and Solmetex CEO Gene Dorff to scale the company's dental products and consumables business serving more than 85,000 U.S. dental practices.

Bold Penguin has acquired SquareRisk, a digital wholesale marketplace that connects retail brokers to specialty carriers and MGAs. The acquisition expands Bold Penguin's access to excess & surplus (E&S) and specialty markets and adds digital wholesale operations to its commercial insurance platform.

Tata Consultancy Services (TCS) has acquired 100% of ListEngage, a Framingham-based Salesforce consultancy, strengthening TCS' Salesforce, Marketing Cloud and AI advisory capabilities. The acquisition adds more than 100 professionals (and 400+ Salesforce certifications) to TCS' Enterprise Solutions unit in the United States; one source reports a transaction value of $72.8 million.

Payroc has completed its acquisition of BlueSnap, the Boston-based payment orchestration and accounts-receivable automation platform; the deal was first announced with a definitive agreement on July 31, 2025 and closed in October 2025. The BlueSnap technology and team will operate as part of Payroc, combining Payroc's direct-connect acquiring capabilities with BlueSnap's API-first orchestration to expand cross-border CNP acceptance, embedded invoicing and AR automation.

Lincoln Property Company has acquired BL Mosher Consulting, a Topsfield, Massachusetts-based construction project management team led by founder Barry Mosher, and integrated the team into Lincoln’s Corporate Advisory & Solutions (CAS) East division. The deal expands Lincoln’s project management capabilities and strengthens its CAS platform to better serve corporate occupiers across the U.S. and Canada.

Allworth Financial, a national registered investment advisor backed by Lightyear Capital and Ontario Teachers' Pension Plan Board, has acquired Norwood, Massachusetts-based Shorepoint Capital Partners, which manages approximately $850 million in assets. The deal brings Shorepoint’s 10-person team and expanded UHNW investment capabilities to Allworth as the firm cements its Boston presence and expands its alternative investment and advisory offerings.

Commonwealth Electrical Technologies (CET), a Broad Sky Partners–backed electrical contractor based in Worcester, Massachusetts, has acquired NuWave Energy Solutions, a Norwell, Massachusetts–based design/build energy-efficiency firm. The add-on deal — CET’s first transaction under Broad Sky’s ownership — expands CET’s sustainability and energy-conservation capabilities across commercial, industrial and institutional end markets; terms were not disclosed.

MD Esthetics, a New Harbor Capital portfolio company, has completed the acquisition of Joli Medical Spa, a Marshfield, Massachusetts-based medical spa founded by Kristen MacNeil. The transaction is an add-on that expands MD Esthetics' geographic footprint across the Boston and Cape Cod markets and brings Joli's seven licensed injectors and aestheticians onto the MD Esthetics platform.

Gerflor Group, through its Gerflor North America business, has acquired Matter Surfaces, a U.S. provider of entrance systems and architectural surface solutions headquartered in Stoughton, Massachusetts. Matter Surfaces will continue to operate as a standalone brand under Gerflor North America, with its current CEO and founding shareholders remaining engaged while leveraging Gerflor's broader resources to grow and scale in the U.S. commercial market.

LawnPRO Partners, a lawn-care platform majority-owned by HCI Equity Partners, has acquired Sea of Green Lawn Care, LLC, a family-owned lawn care and pest control provider serving the North Shore of Massachusetts and New Hampshire. Owner Chris Mierswa sold the business to LawnPRO, which will integrate Sea of Green into its platform while preserving the brand and continuing service offerings such as fertilization, aeration, seeding, and pest control.

Kinsley Energy Systems, LLC has acquired Clarke Energy USA's combined heat and power (CHP) business, formerly operating as CoEnergy America, in the Greater Boston area. The divestiture expands Kinsley's presence and service capabilities across the Northeast while Clarke Energy shifts focus to larger-scale projects and regions.

Arlington Capital Partners has completed a majority growth investment in Concord Biomedical Sciences and Emerging Technologies (CBSET), a Boston-area provider of preclinical translational research and product development services for medical device, pharmaceutical, diagnostic and biomedical research customers. The partnership will fund CBSET's capacity expansion, development of a new facility, capability build-out and pursuit of complementary add-on acquisitions to broaden its service offerings.