MGM Resorts International said it’s pulling the plug on its bid to acquire the gaming platform Entain, which is its BetMGM partner. After Entain rejected the company’s all-stock proposal, MGM announced that it won’t be making another offer. “BetMGM, our U.S. sports betting and online...
The great digital shift – and the rising tide of eCommerce – has placed greater pressure on companies to verify their customers and guard against account takeovers. To that end, late last week Equifax said it had reached a deal to acquire fraud prevention and...
SVB Financial Group plans to acquire Boston Private Financial Holdings for about $900 million. The merger deal means that Boston Private shareholders would get 0.0228 shares of SVB common stock and $2.10 of cash for each Boston Private share they own, the companies said in...
Accounts payable (AP) and payments firm AvidXchange has acquired AP software solutions platform Core Associates, to advance payments automation in the construction industry and mid-market businesses. “We’ve spent more than a decade committed to helping our customers simplify the way they process invoices and payments,”...
U.K.-based THG Holdings, which owns direct-to-consumer (D2C) brands such as Glossybox and Perricone MD, said it has agreed to acquire professional skincare e-tailer Dermstore.com from U.S. retailer Target Corp. for $350 million in cash. THG said the buy will enable it to increase the scale...
Private equity firm Thoma Bravo’s deal Monday (Dec. 21) to buy property management platform RealPage for $10.2 billion including debt assumption marks the second acquisition in less than a week of a company that provides valuable data analytics for a consumer-facing industry. Car-selling platform Vroom agreed...
Private equity firm Thoma Bravo is set to acquire RealPage, which provides software and data analytics to the real estate industry. The all-cash deal values RealPage, a publicly-traded company, at $10.2 billion, including net debt. Under the terms of the agreement, RealPage’s stockholders will get...
The FinTech Fiserv “has signed a definitive agreement to acquire” Ondot Systems, which provides a “digital experience platform” for financial institutions (FIs), according to a press release on Wednesday (Dec. 16). Financial terms of the deal, which is expected to close in the first quarter...
Vroom said on Tuesday (Dec. 15) that it has entered into a definitive deal to buy artificial intelligence (AI)-fueled analytics and digital services company CarStory via the purchase of Vast Holdings, Inc., according to an announcement. “As car buyers and sellers across the country increasingly...
