Mergers & Acquisitions
Digital Currency Group sells crypto news subsidiary CoinDesk
DCG acquired CoinDesk in 2016 for $500,000.
Gemspring Capital Management acquires Fenceworks
Founded in 1984, Fenceworks has approximately 500 employees.
Westport’s Full Sail IP Partners acquires the Revere Ware cookware brand
"Revere Ware is a classic American brand with a strong heritage of quality and innovation," said CEO Alan Kravetz.
William Raveis acquires Massachusetts brokerage
Jones Group Realtors serves Amherst, Northampton, and the surrounding communities.
Star Equity Holdings acquires Big Lake Lumber
Big Lake will be rebranded and integrated into Star’s construction division.
IBM acquires Indonesian ERP firm
This is the Armonk-based company's ninth acquisition of the year.
Norwalk’s Shoff Darby Insurance Agency is acquired by Buffalo firm
Shoff Darby President Matt Roberts said this "creates one of the most dynamic insurance brokerages in the country."
Greenwich’s Addtronics acquires Sirius Automation
Sirius develops laboratory robotic systems for biotech and pharmaceutical companies.
M&A, Brad Jacobs-style
“Regardless how great the deal is and how wonderful it is, is it a price that works?” he said
Canadian company acquires Wilton toymaker Melissa & Doug
The Wilton company opened its first retail store earlier this month.
Aquarion Water completes $8M purchase of New Hartford’s water and wastewater systems
The $8 million transaction is the first of its kind in Connecticut.
Rye’s LICT Corp. acquires Manti Tele Communications
The company said the deal "reinforces our commitment to deliver high-quality communication services to the communities we serve."
Stamford’s Olympus Partners sells The Foodware Group
The buyer was CFS Brands, an Oklahoma City-headquartered food service company.
Gemspring Capital Management acquires ClearCompany Holdings
This is the Westport private equity firm's second acquisition this month.
Connecticut’s Port Authority and Airport Authority in merger talks
A merger between the agencies would require the approval of the Connecticut General Assembly.
