Digital vegan marketplace Vejii is acquiring B2B plant-based wholesaler VEDGEco for $6.25 million in a share purchase agreement, a move that will help Vejii grow its distribution network, Vegconomist reported. Among the first digital wholesale platforms committed to plant-based products, VEDGEco strives to reach small...
Vertically-integrated solutions platform REPAY is acquiring payment technology service Payix in a deal that could be worth up to $115 million, according to a Monday (Jan. 3) press release. A total of $95 million will be paid at closing, and up to $20 million could...
Crocs has said it plans to buy Hey Dude, a privately-owned footwear label, for the price of $2.5 billion, according to Reuters. The rubber clogs maker has been looking to get more money out of the pandemic-era demand for more casual shoes, with the lockdown...
The European Union has cleared Microsoft’s buy of Nuance, an artificial intelligence (AI) and cloud computing company, according to a Wednesday (Dec. 22) press release from the European Commission, which found the acquisition doesn’t pose competition concerns in the EU. “Based on its market investigation,...
Shipping giant AP Moeller-Maersk AS has signed off on a $3.6 billion acquisition deal for omnichannel fulfillment company LF Logistics Holdings, according to a Wednesday (Dec. 22) press release. The deal is expected to close in 2022. Maersk CEO Soren Skou said in the release...
Avadian Credit Union has agreed to buy Citizens State Bank in its home state of Alabama, in a move that marks the 13th time this year a credit union (CU) has acquired a bank. According to published reports, the deal is expected to close by...
Team8, an Israeli creator of cybersecurity startups, is partnering with Deloitte, an auditing, consulting, tax and advisory services provider to develop and implement cutting-edge technologies for financial services, according to a Tuesday (Dec. 21) press release. The collaboration is aimed at connecting Team8’s FinTech startups...
U.K. challenger bank Monese has acquired Trezeo, a financial services provider for self-employed workers. The London-based company announced the acquisition — its first — on its website, saying it was part of a “wider push into credit and lending for independent, self-employed workers and those...
Visa has completed its purchase of Currencycloud, which works with banks and FinTechs to provide foreign exchange (FX) solutions for cross-border payments, according to a press release. The acquisition will allow Visa and Currencycloud clients and partners to access more transparency, flexibility and control, the...
