Saturday, July 20, 2024

Merger & Acquisition Digest

Last updated on September 25th, 2017 at 09:05 am

Acquisitions and mergers this week in the world of B2B…


Omnitracs, LLC, a global pioneer of fleet management solutions to transportation and logistics companies, today announced the completion of its acquisition of the assets of Shaw Tracking, a subsidiary of Shaw Communications Inc. and the leading fleet management solutions provider in Canada.


The Telecommunications Industry Association (TIA), the leading association representing the manufacturers and suppliers of high-tech connectivity networks, and QuEST Forum, the global association dedicated to quality and sustainability in the information communication and technology (ICT) industry, announced they have reached an agreement to merge the two associations. The move is part of a strategic effort to offer support and services that address a full range of needs facing the connectivity industry.


Deltek, the leading global provider of enterprise software and solutions for project-based businesses, announced that it has acquired WorkBook. Together, Deltek and WorkBook will provide unparalleled solutions and services to its combined global customer-base in the creative agency space. This acquisition accelerates the momentum of Deltek’s solutions for the Creative industry by bringing in more resources, capabilities and expertise.


ScribbleLive, the leading content experience platform, announced that it has acquired interactive content platform provider, ion interactive. With this acquisition, ScribbleLive further strengthens its ability to help companies manage the full lifecycle of their content by bringing new interactive capabilities to its platform.


BG Staffing, Inc., a rapidly growing national provider of professional temporary staffing services, announced that the Company recently completed the acquisition of substantially all of the assets of privately held Smart Resources, Inc. for $6 million cash and certain earn out provisions. Texas Capital Bank, the lead agent, provided financing for the acquisition through BG’s existing credit facility.


Devonshire Research Group (DRG) announced the acquisition of, an economic analysis and trading information website. Included in the acquisition are the datasets, proprietary models and analytical methods historically present on the website, which are being reviewed and selectively refurbished by DRG.


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