#acquisition

#acquisition

LBG Media expands presence in the US by acquiring Betches for £44.4m, growing global audience by 24% and reporting strong revenue growth.

LBG Media is focused on M&A to accelerate growth in the UK and US, considering new mediums like podcasts, with a clear roadmap to reach £200m revenue. [ more ]

Brooklyn Friends School is expanding its Downtown Brooklyn campus by purchasing a five-story building adjacent to its current location.

The purchase of the new building aligns with the school's strategic vision to consolidate its operations onto a single campus in Brooklyn. [ more ]

CoCounsel, the generative AI legal assistant, expanded into new markets like Canada and Australia. Thomson Reuters acquired Casetext for $650 million and integrated CoCounsel into its core products. [ more ]

FairMoney is in discussions to acquire Umba in a $20 million all-stock deal for expanding its customer base in Kenya and beyond.

Acquisition negotiations are in early stages, highlighting the challenges fintechs face in Africa amid the global startup market. [ more ]

Legacy Group Capital acquired fintech company Rook Capital to enhance home equity investment (HEI) offerings. [ more ]

PayJoy focuses on helping the underserved build credit through smartphones. [ more ]

PipeDreams is a startup acquiring HVAC and plumbing companies to scale them using software.

The founder of PipeDreams, Dan Laufer, saw an opportunity in the market due to gaps in the consumer experience and the silver tsunami of retiring baby boomers. [ more ]

African tech startups have the potential to serve global markets and be acquired by larger companies.

There has been a shift in the narrative, with African startups now focusing on building global products. [ more ]

Plaid has named Jennifer Taylor as its first president, following the recent hiring of a CFO, suggesting the company may be preparing for an IPO.

Taylor's experience scaling products and her tenure at Cloudflare, including during and after its IPO, indicate that Plaid is moving closer to going public.

Plaid, which connects consumer bank accounts to financial applications, has expanded its offerings to include lending, anti-fraud, and payments, and has worked to diversify its revenue streams since the failed Visa acquisition. [ more ]

Salesforce is reportedly in talks to acquire Informatica for cloud data management. The deal could enhance Salesforce's AI capabilities and data management services. [ more ]

Sony Music acquired Neon Hum for streamlining creative division and expanding work-for-hire services.

Jonathan Hirsch appointed as Vice President, Global Podcasts, to lead U.S. creative business under Sony Music. [ more ]

Unlimited acquisition strengthens Accenture Song in marketing and generative AI

Enhanced capabilities in customer engagement and personalized experiences [ more ]

The acquisition signifies a shift to social media performance from social media management.

Hootsuite aims to enhance social media relationships and value through the acquisition of Talkwalker. [ more ]

HubSpot shares surged 9.4% following reports of Google's interest in acquiring the company.

Analysts express caution and point out potential regulatory challenges but also highlight the strategic benefits of the deal for Google. [ more ]

The Braves acquire Ernie Lombardi in 1942, who later wins the batting title with a .330 average.

Cecil Upshaw passes away at age 52 in 1995, he saved 27 games for the Braves in 1969. [ more ]

Multiverse acquires Searchlight to address skills gaps effectively and become a workforce development platform of the future.

Multiverse raises $220 million in Series D funding round to become the UK's first edtech unicorn with a post-money valuation of $1.7 billion. [ more ]

Apple acquired Canadian AI startup DarwinAI quietly.

DarwinAI's technology focuses on visually inspecting components during the manufacturing process. [ more ]

Nvidia's stock dropped over 5% due to upcoming earnings.

Home Depot's revenue decreased, impacted by high mortgage rates.

Walmart acquired Vizio for $2.3 billion to strengthen advertising capabilities. [ more ]

Expo Chicago remains under Frieze ownership with core attributes intact, featuring international exhibitors and a commitment to serving the Midwest art market.

Both Expo Chicago and The Armory Show maintain their unique identities with Frieze aiming for evolution, not revolution, in their enhancement. [ more ]

Consolidation in HR services industry as larger companies acquire startups for one-stop solutions.

Deel acquires Zavvy to expand services and incorporate AI for distributed and non-distributed workforces. [ more ]

The Astros acquired Jacob Amaya from the Marlins in exchange for cash considerations and a minor league player.

Houston optioned Amaya to Triple-A and placed Bennett Sousa on the injured list to accommodate Amaya on the 40-man roster. [ more ]

Agreement for Indigo Books & Music Inc. to go private at $2.50 per share in cash by Trilogy Retail Holdings Inc.

Trilogy companies are connected to largest shareholder Gerald Schwartz and CEO Heather Reisman, offering a 69% premium on the share price. [ more ]

Group lateral moves remain popular in Biglaw, evidenced by Fennemore Craig's recent acquisition.

Moye White is closing down as majority lawyers and staff move to Fennemore Craig, impacting its 50-year-old business. [ more ]

Embracer Group sells Gearbox to Take-Two Interactive for $460m

Only part of Gearbox transferred to Take-Two, the rest will stay with Embracer. [ more ]

Saber Interactive has removed references to Embracer Group from its website, indicating a completed sale.

The reported sale of Saber Interactive to private investors for around $500m aligns with the removal of references to Embracer Group from Saber's website. [ more ]

Saber Interactive has confirmed its departure from Embracer Group for $247m.

Beacon Interactive, a new company created by Saber's co-founder, will acquire several studios and employees. [ more ]

Saber Interactive gained independence from Embracer Group for $247 million.

Saber is taking key studios 4A Games and Zen Studios for about $500 million. [ more ]

Apollo Global Management offers $11 billion to buy Paramount Pictures Studios.

Paramount studio lot has historical significance and appeal for acquisition by various companies. [ more ]

George Smith Partners acquired Clearwater Capital Management for C-PACE lending expansion.

Clearwater Capital Management founders will join George Smith Partners to enhance market penetration. [ more ]

Optum, a subsidiary of UnitedHealth Group, has agreed to acquire Steward Health Care's nationwide physician network.

Massachusetts Health Policy Commission will review the proposal but does not have the authority to block the transaction. [ more ]

Take-Two acquires Gearbox Entertainment for $460 million, including Borderlands franchise.

Embracer retains certain parts of Gearbox empire in the deal, focusing on publishing and support studios. [ more ]

Gearbox actively developing next Borderlands title

Six key interactive entertainment projects in development at Gearbox [ more ]

Canva acquires Affinity to enhance its offerings for professional designers.

Canva aims to appeal to a wider audience with the acquisition of Affinity. [ more ]

Canva acquires Affinity for hundreds of millions, targeting more advanced users and Adobe competition.

Excitement and alignment with Affinity, empowering professional designers through the acquisition. [ more ]

Sara Holtz appointed as Optimal Blue's CMO to drive marketing strategies.

Optimal Blue acquired by Constellation Software for mortgage secondary marketing technology. [ more ]

Mnuchin plans investor group to buy TikTok

Big tech companies face antitrust scrutiny [ more ]

The acquisition of Kennedy by The Independents will enhance global opportunities and collaborations within the agency group.

The Independents has been strategically acquiring firms to strengthen its presence in experiential marketing and event production. [ more ]

KEXP expanding to Bay Area with 92.7 FM acquisition

Programming similar to Seattle station, focus on diverse music genres [ more ]

An American company offers to buy TikTok to avoid ban in the US

Rumble CEO promises secure storage of TikTok data in the US [ more ]

Sir Jim Ratcliffe tried to buy Chelsea before acquiring minority stake in Manchester United.

Manchester United sought strategic alternatives leading to Ratcliffe acquiring a 27.7% stake despite interest in Chelsea. [ more ]

Former Activision Blizzard boss Bobby Kotick expressed interest in purchasing TikTok. Potential sale estimated in the hundreds of billions. US bill may force ByteDance to sell TikTok within six months. [ more ]

Henry Holt Books for Young Readers acquired Queen of Faces, a fantasy trilogy by Petra Lord.

The story explores themes of body swapping, magic, and tackles questions of queer and trans identity. [ more ]

Sweet Lady Jane, a popular bakery in Southern California, closed all locations in December 2023 but was purchased by Julie Ngu in February 2024 for reopening.

The new owner, Julie Ngu, plans to revive Sweet Lady Jane by reopening all six locations, including the iconic Triple Berry cake, a signature item of the bakery. [ more ]

Vizio reported better-than-expected fourth-quarter results driven by increased advertising and smart-TV platform sales.

Walmart's purchase of Vizio for $2.3 billion aims at expanding digital advertising reach, integrating Vizio's operating system, and viewer data for targeted ads. [ more ]

Julia Koch in talks to acquire stake in Brooklyn Nets.

BSE Global owns Nets, Barclays Center, and New York Liberty. [ more ]

Walmart to acquire Vizio for $2.3 billion

Deal enhances Walmart Connect with streaming capabilities and data from Vizio [ more ]

1Password acquired Kolide for an undisclosed amount.

Kolide offers a unique device security and contextual access management solution. [ more ]

Walmart acquires Vizio for $2.3 billion to boost ad business

Acquisition aims to increase ad revenue and compete with Amazon [ more ]

Walmart to buy Vizio for $2.3 billion for its advertising business and user data

Walmart aims to boost its Walmart Connect advertising business through the acquisition of Vizio. [ more ]

Walmart is in talks to acquire TV maker Vizio for over $2 billion.

The acquisition could benefit Walmart's advertising division by using smart TVs for personalized ads. [ more ]

Havas has acquired B2B marketing firm Ledger Bennett and will fold its own B2B marketing division into the company.

Havas aims to capitalize on the increasing B2B advertising spend and establish Ledger Bennett as its go-to-market B2B brand. [ more ]

Walmart plans to acquire TV maker Vizio for $2.3 billion to boost its ad business.

The acquisition aims to offer customers innovative entertainment experiences and provide advertisers unique engagement opportunities. [ more ]

Walmart is in talks to acquire Vizio, a budget TV maker, in a $2 billion deal.

The acquisition would allow Walmart to compete in the affordable smart TV market dominated by Amazon and Roku. [ more ]

Omnicom is focusing on retail and commerce media through its acquisition of Flywheel Digital.

Flywheel's data provides a better understanding of consumers without the need for cookies. [ more ]

Duetto acquires Micerate

Duetto strengthens its dynamic pricing capabilities [ more ]

The Baltimore Orioles have acquired Corbin Burnes from the Brewers, adding an ace to their starting rotation without giving up top prospects.

The Orioles now have a strong rotation with Burnes leading the way, improving the floor and ceiling of their starting five. [ more ]