Velan Holding Co. Ltd. has agreed to sell its controlling stake in Velan Inc. to Birch Hill Equity Partners Management Inc. for C$13.10 per share. The transaction, worth C$203,922,040.80 in total, transfers approximately 72.1% of Velan’s outstanding shares and 92.8% of voting rights to Birch Hill.
11:11 Systems has finalized its sixth purchase of an authorized VMware partner by acquiring Ntirety, a managed IT services firm. This move reflects Broadcom’s recent changes to VMware’s Cloud Service Provider ecosystem and positions 11:11 among the largest private VMware partners.
Lewis Chemical Company recently announced a significant acquisition aimed at reinforcing its foothold in Rome, Georgia. The move could generate new opportunities for the community and solidify the firm’s local presence.
Stingray Group Inc. has officially closed its previously announced acquisition of TuneIn Holdings, Inc. The deal follows the fulfillment of all required conditions and enhances Stingray’s reputation as a leader in music and video content distribution services.
In a strategic move to widen its scope, Laboratory Testing LLC (LTI) has acquired Assured Testing Services. This purchase brings together two Pennsylvania-based companies dedicated to corrosion exposure, mechanical, and materials testing, offering an enhanced global reach.
Griffen Plumbing and Heating of Elkhart has been sold to Astra Service Partners, connecting a well-regarded local business to a broader national platform. This development marks a pivotal moment for the company’s standing in the region and its future growth.
Mowi’s acquisition of a controlling stake in Nova Sea AS has cleared its final hurdle. Announced in Bergen on October 21, 2025, the approval concludes a key step in solidifying Mowi’s latest business move.
South Korean regulators have reopened their review of Binance’s long-stalled acquisition of local exchange Gopax after more than two years. This development could mark a significant step toward Binance’s return to South Korea, pending official approval.
Sunflower Industrial, headquartered in Shawnee, Kansas, has confirmed its acquisition of Arizona Epoxy Systems. The announcement, dated October 13, 2025, outlines a noteworthy move in the construction and epoxy flooring sector.
WSB, a leading national design and consulting firm backed by GHK Capital, has announced its acquisition of CAS Consulting & Services. The news, released from Minneapolis, underscores the company’s ongoing commitment to broadening its services and influence.
