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Integrated Power Services (IPS) Acquires Power Systems Testing Company in California

Growing NETA Field Services Capabilities & Expanding IPS Footprint on West CoastIntegrated Power Services (IPS) Acquires Power Systems Testing Company, Growing NETA Field Services Capabilities & Expanding Footprint on West CoastEstablished in 1975, PST has been the supplier of choice by government, public organizations and private companies for testing, field services, engineering and more for 50 years in California.Greenville, SC, May 01, 2025 (GLOBE NEWSWIRE) — Integrated Power Services (IPS) Acquires Power Systems Testing Company in California Growing NETA Field Services Capabilities & Expanding IPS Footprint on West Coast   Greenville, SC, May 1, 2025 – Integrated Power Services (IPS), a world-class provider of electrical, mechanical, and power management systems, has acquired Power Systems...

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TransGlobal Assets Inc. Acquires Controlling Stake in Incued to Pioneer AI-Powered Private Market Intelligence

TransGlobal Assets Inc. (OTC: TMSH) is strategically entering the AI-powered fintech space by acquiring a controlling stake in the Incued Fintech Platform. This move positions the company to capitalize on the growing demand for AI solutions in private markets, utilizing proprietary AI systems to enhance investor relations, risk assessment, and predictive analytics The Incued Fintech Platform, under the management of TransGlobal’s MindWell Solutions Group, is set to transform private market intelligence and capital allocation through AI-driven tools. The platform’s modernization efforts focus on providing startups, family offices, and venture studios with advanced capabilities like conversational AI interfaces and automated due diligence, with revenue models projected to scale significantly TransGlobal Assets Inc. is expanding...

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CSW Industrials Completes Previously Announced Accretive, Synergistic Acquisition of Aspen Manufacturing

DALLAS, May 01, 2025 (GLOBE NEWSWIRE) — CSW Industrials, Inc. (Nasdaq: CSWI) (the “Company” or “CSW”) today announced the Company has completed the previously announced acquisition of Aspen Manufacturing for approximately $313.5 million in cash, utilizing cash on hand and borrowings under the existing $500 million revolving credit facility while maintaining sufficient liquidity and a strong balance sheet. The purchase price is approximately 11x Aspen Manufacturing’s 2024 adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) of $28.5 million. This strategic acquisition expands CSW Industrial’s HVAC/R product offering with the incorporation of Aspen Manufacturing’s market leading evaporator coils and air handlers. By leveraging CSW’s deep experience in the HVAC/R market, strong distribution channels, successful...

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APPlife Digital Solutions, Inc. Announces Definitive Agreement to Acquire Sugar Auto Parts, Inc.

SAN FRANCISCO, May 01, 2025 (GLOBE NEWSWIRE) — APPlife Digital Solutions, Inc. (OTCQB: ALDS) (“APPlife” or “the Company”), a business incubator and portfolio manager specializing in e-commerce and cloud-based solutions, today announced the signing of a definitive agreement (“Agreement”) to acquire Sugar Auto Parts, Inc., a Nevada corporation. The acquisition is anticipated to close in May 2025, subject to customary closing conditions outlined in the Agreement. Shareholders and interested parties can find comprehensive details regarding the transaction in the Company’s forthcoming 8-K filing with the Securities & Exchange Commission, expected within the next five business days. ABOUT APPLIFE DIGITAL SOLUTIONS, INC. APPlife Digital Solutions Inc., with offices in San Francisco, CA., and Shanghai,...

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Formidium Acquires Assets of Praxonomy Ltd, Strengthening Corporate Services Offering

CHICAGO, May 01, 2025 (GLOBE NEWSWIRE) — Formidium UK Ltd., a wholly owned subsidiary of Formidium Corp., a global leader in fund administration solutions and technology, has successfully acquired assets of Praxonomy Ltd. This strategic acquisition aims to strengthen Formidium’s corporate services portfolio by integrating Praxonomy’s flagship cloud-based board management solution, Boardlogic. Praxonomy, a UK-based software company, specialized in optimizing board governance through secure, intuitive, and efficient technology. Its primary product, Boardlogic, is a purpose-built collaboration platform designed exclusively for boards of directors. The platform facilitates seamless meeting management, secure document sharing, real-time communication, and informed decision-making, all within a highly secure and cost-effective environment....

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Resmed Acquires VirtuOx

Acquisition supports Resmed’s growth in virtual care, expands access to diagnosis, and enhances the digital experience for patients and providers SAN DIEGO, May 01, 2025 (GLOBE NEWSWIRE) — Resmed (NYSE: RMD, ASX: RMD), the leading health technology company focused on sleep, breathing, and care delivered in the home, today announced it has acquired VirtuOx, a leading independent diagnostic testing facility (IDTF) for sleep, respiratory, and cardiac conditions. The acquisition reflects Resmed’s commitment to improving the way care is delivered—by making it more accessible, more coordinated, and more patient friendly. With VirtuOx’s at-home diagnostic services, Resmed will be better positioned to support patients earlier in their journey and help healthcare providers and homecare companies deliver care in a simpler, more connected...

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AirTera℠ Acquires Safety and Security Instruction (SSi), Creating Aviation’s First Unified Platform for Identity, Safety, Security, and Dynamic Training

PHOENIX, May 01, 2025 (GLOBE NEWSWIRE) — Today, AirTera℠, the service mark of NATA Compliance Services (NATA CS), announced the acquisition of Safety and Security Instruction (SSi), a premier provider of learning management systems (LMS) and airport-specific training content for the aviation industry. This move positions AirTera℠ as the most comprehensive, real-time platform for security, identity management, safety oversight, and automated training in the aviation ecosystem. Through this strategic acquisition, AirTera℠ now unites the capabilities of NATA CS, Soar SMS, and SSi, delivering an unmatched platform that empowers airports, air operators, and ground facilities to streamline credentialing, compliance, and training—while increasing cybersecurity, reducing liability, and dramatically improving operational efficiency. “With...

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West Completes Sale of Notified to Equiniti

ISLANDIA, N.Y., May 01, 2025 (GLOBE NEWSWIRE) — West Technology Group, LLC (the “Company” or “West”) has completed the sale of its Notified business to Equiniti (EQ)1, a global leader in shareholder services and advisory firm. “We are pleased to complete the sale of Notified and believe that the complementary strengths of EQ and Notified will elevate the platform to new heights,” said John Shlonsky, President and Chief Executive Officer of West. “Notified has transformed the way businesses connect with stakeholders, and we are confident that under EQ’s leadership, it will continue to innovate and expand its reach. We look forward to seeing Notified flourish in its next chapter.” The sale price was $534.5 million, inclusive of an $80 million earnout. The Company intends to use the net proceeds of the sale in accordance with its...

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Kronos Bio Enters into Agreement to Be Acquired by Concentra Biosciences for $0.57 in Cash per Share Plus a Contingent Value Right

CAMBRIDGE, Mass., May 01, 2025 (GLOBE NEWSWIRE) — Kronos Bio, Inc. (“Kronos Bio”) (Nasdaq: KRON), a biotechnology company that has been developing small molecule therapeutics to address cancers and other diseases driven by deregulated transcription, today announced that it has entered into a definitive merger agreement (the “Merger Agreement”) with Concentra Biosciences, LLC ( “Concentra”), whereby Concentra will acquire Kronos Bio for $0.57 in cash per share of Kronos Bio common stock (“Kronos Bio Common Stock”), plus one non-tradeable contingent value right (“CVR”), which represents the right to receive: (i) 50% of the net proceeds in the case of a disposition of the Company’s product candidates known as KB-9558 and KB-7898 that occurs within 2 years following closing; (ii) 100% of the net proceeds in...

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Extendicare Announces Agreement to Acquire Closing the Gap Healthcare Group

MARKHAM, Ontario, May 01, 2025 (GLOBE NEWSWIRE) — Extendicare Inc. (“Extendicare” or the “Company”) (TSX: EXE) announced today that its wholly owned home health care subsidiary, ParaMed Inc. (“ParaMed” or the “Purchaser”), has entered into an agreement to acquire all of the issued and outstanding shares of Closing the Gap Healthcare Group Inc. and certain affiliates (collectively, “Closing the Gap”) from the ultimate shareholders of Closing the Gap (the “Transaction”). Closing of the Transaction is subject to customary closing conditions, including receipt of consents from third parties, including the Minister of Health for Ontario and the Minister of Seniors and Long-Term Care for Nova Scotia, and is not conditional on financing or due diligence. The Transaction is anticipated to close in the third quarter of 2025. ParaMed is...

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