Merger Acquisition

Baystate Health Absorbs Mercy Hospital, Goes Live on Oracle Health EHR

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Baystate Health Absorbs Mercy Hospital, Goes Live on Oracle Health EHR

SPRINGFIELD – November 01, 2026 -- Baystate Health has folded Baystate Mercy Hospital, its joint venture affiliates and 45 Massachusetts medical group entities into one system, and switched the combined organization to a new Oracle Health Electronic Health Record (EHR) on the same day.

Baystate Health ran a seven-month integration program before the single-day cutover

Preparation covered the hospital and its affiliated clinics. It included moving care teams across the system onto one EHR and launching MyBaystate Health, a new patient portal. Baystate says the aim is to make health information available to providers coordinating care. CEO Peter D. Banko said the focus since April had been on Day 1 readiness for staff, patients and supporting systems.

Sword Group Buys Edinburgh AWS Specialist CirrusHQ

Windhof – October 31, 2026 -- Sword Group has acquired CirrusHQ, an Edinburgh-based Amazon Web Services (AWS) Premier Consulting and Solution Provider partner that generates £6.0M in annual revenue at an EBIT margin of 12% or more.

CirrusHQ is consolidated in Sword's accounts from May 1, 2026

The Luxembourg-based group will include the Scottish company in its financial statements with effect from May 1, 2026. Sword budgets organic growth for CirrusHQ at 20% per year once the company is integrated into the group.

Emerson Completes AspenTech Buyout After Portfolio Overhaul

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Emerson Completes AspenTech Buyout After Portfolio Overhaul

Global – October 31, 2026 -- Emerson completed the acquisition of all outstanding AspenTech common stock it did not already own in March 2025, the latest step in a portfolio reshaping that began with an all-cash $1.6 billion deal in 2020.

Emerson built a 55% AspenTech stake in 2022 before moving to full ownership

In May 2022, Emerson and AspenTech closed the combination of Emerson's industrial software businesses, OSI Inc. and its Geological Simulation Software business, with AspenTech. The deal created what the companies called a global industrial software leader, "new AspenTech." Emerson held 55% on a fully diluted basis, and AspenTech shareholders held the remaining 45%.

In November 2024, Emerson proposed to acquire all remaining AspenTech shares. It also began exploring strategic alternatives, including a cash sale, for its Safety & Productivity segment.

Texas Community Bancshares to Buy San Jacinto Bank for $9.5M Cash

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Texas Community Bancshares to Buy San Jacinto Bank for $9.5M Cash

MINEOLA – October 30, 2026 -- Texas Community Bancshares, Inc. (NASDAQ: TCBS) agreed to acquire The Banc of San Jacinto County Bancshares, Inc. (SJCB) in an all-cash deal worth $9.5 million, with closing expected in the first quarter of 2027.

SJCB shareholders split a $9.5 million cash pool

Under the merger agreement, SJCB shareholders will receive aggregate cash consideration of $9.5 million. Each outstanding share of SJCB common stock converts into a pro rata portion of that amount at closing. The deal includes SJCB's wholly owned subsidiary, The Bank of San Jacinto County, a Texas non-member bank.

PRSA Merges Two Maryland Chapters; Abel's Greg Abel Named President

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PRSA Merges Two Maryland Chapters; Abel's Greg Abel Named President

BALTIMORE – October 30, 2026 -- Greg Abel, CEO and founder of Abel Communications, will serve as President of the newly formed Public Relations Society of America (PRSA) Maryland Chesapeake chapter, following the merger of the PRSA Maryland and Central Chesapeake chapters.

Members and boards of both chapters approved the merger, as did PRSA's national leadership. It takes effect immediately, with a strategic focus on the Greater Baltimore region.

Board draws on agencies, higher education, public media, philanthropy and advocacy groups

Abel will work alongside a board representing public relations agencies, higher education, public media, philanthropy, and advocacy organizations. The board aims to strengthen programming and create more opportunities for members to learn and build relationships.

Abel said the combined chapter is committed to delivering "high-quality and consistent programming" for its members.

Speyside Equity Completes Acquisition of Steel Tubing Maker TAPCO

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Speyside Equity Completes Acquisition of Steel Tubing Maker TAPCO

DETROIT – October 29, 2026 -- Speyside Equity Advisers has completed its acquisition of The TAPCO Tube Company, a Midwest manufacturer of steel tubing and building products that operates under the Tapco Tube and Akron Building Products brands. The announcement did not include financial terms.

Speyside targets plant throughput and product mix at TAPCO

Nicholas Lardo, Managing Director at Speyside, said TAPCO offers a "meaningful opportunity to improve plant throughput." He also named an expansion of the value-added product mix and growth in the building products channel as priorities. Speyside plans to invest in the people and equipment needed to scale the business.

TAPCO President David Schrader described the deal as the start of a new chapter that builds on the company's legacy of several decades.

A. O. Smith sells 81% of China unit to CPE in $400M deal

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A. O. Smith sells 81% of China unit to CPE in $400M deal

MILWAUKEE – October 29, 2026 -- A. O. Smith Corporation (NYSE: AOS) agreed to sell an 81% interest in its China business to alternative asset manager CPE, valuing the unit at approximately $400 million on a cash-free, debt-free basis. The company will keep a 19% stake and sign a long-term brand licensing agreement.

Licensing royalties lift total deal value above $500 million

The $400 million valuation excludes the royalty stream from the brand license. Including the net present value of licensing payments to A. O. Smith over a multi-decade period, total value is expected to exceed $500 million.

The structure also lets A. O. Smith repatriate roughly $80 million in cash now held in China.

Share repurchases take priority for after-tax proceeds

After closing, A. O. Smith intends to prioritize share buybacks as the use of after-tax proceeds and repatriated cash.

Vertiv Closes $1.45B Cash Deal for Microgrid Specialist UIG

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Vertiv Closes $1.45B Cash Deal for Microgrid Specialist UIG

Columbus – October 28, 2026 -- Vertiv Holdings Co. (NYSE: VRT) has completed its acquisition of Utility Innovation Holdings, Inc., which operates as UtilityInnovation Group (UIG), for approximately $1.45 billion in upfront cash, adding microgrid and behind-the-meter power capabilities for data centers constrained by grid access.

Earnout of up to $1.15 billion ties additional payout to 12- and 24-month EBITDA targets

The transaction carries contingent cash consideration of up to $1.15 billion, payable if UIG meets EBITDA targets over 12- and 24-month periods. Including the full earnout, total cash consideration could reach $2.6 billion.

The upfront price equals approximately 13x expected UIG 2027 EBITDA. Vertiv expects that multiple to fall significantly if the full earnout is paid. The company expects the deal to be accretive to adjusted earnings per share in the first year after completion.

NFTE and BUILD Plan Merger to Serve 350,000 Students a Year

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NFTE and BUILD Plan Merger to Serve 350,000 Students a Year

New York – October 28, 2026 -- The Network for Teaching Entrepreneurship (NFTE) and BUILD.org plan to merge into a nonprofit serving more than 350,000 students annually, with a projected operating budget of about $18 million. The deal is pending regulatory approval.

BUILD will become the first organization in NFTE's planned "family of brands," a longer-term strategy to consolidate mission-aligned entrepreneurship education groups. The two nonprofits have a combined 67 years of operating history.

Combined organization targets an $18 million annual operating budget

The merged entity will pair NFTE's national and global reach, educator training and research capabilities with BUILD's relationship-centered, experiential learning model. Both organizations rely on project-based learning, and the merger plan calls for combining NFTE's entrepreneurial mindset curriculum with BUILD's Spark Skills.

NFTE and BUILD Merge to Reach 350,000 Students a Year

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NFTE and BUILD Merge to Reach 350,000 Students a Year

New York – October 28, 2026 -- NFTE and BUILD, two U.S. youth entrepreneurship education nonprofits, are combining into a single organization that will reach more than 350,000 students a year, according to a letter from President and CEO Dr. J.D. LaRock to both communities.

Merged group will teach in schools, communities, out-of-school programs and online

The combined organization covers in-school, community, out-of-school and online delivery. LaRock cites educator training and research among its strongest capabilities, plus multi-year commitments to individual students rather than single-semester programs. The merger also joins New York and Silicon Valley under one purpose, a combination LaRock says exists nowhere else in the field.