Mergers and Acquisitions (M&A) stories - Page 1

Generative AI use in professional services has nearly doubled in a year, reaching 22%, with 95% expecting it central to workflows within five years.

RadNet plans to acquire iCAD, integrating its AI breast imaging tech into DeepHealth to enhance breast cancer diagnostics globally, scaling to 10m mammograms yearly.

Citation Group has acquired Brisbane-based foundU to boost its workforce management services for Australian SMEs, enhancing compliance and payroll solutions.

The 3D printer market faces a slowdown in Q4 2024, with major declines across segments, though entry-level systems show remarkable resilience amid economic challenges.

InDebted has appointed Nic Chin as its new Chief Financial Officer, succeeding Lachlan Heussler, to steer the company's ambitious growth plans.

Claroty has appointed Yuval Fessler as its new Chief Legal Officer, bringing two decades of legal expertise to support the company's growth ambitions.

Hornetsecurity plans to acquire French email cybersecurity firm Altospam, pending approval from the Ministry for the Economy, to boost its European presence.

Legrand has acquired Computer Room Solutions for AUD $50 million, enhancing its data centre offerings and solidifying its presence in the ANZ market.

CloudBolt has acquired StormForge to bolster its Kubernetes optimisation capabilities within its FinOps platform, aiming to address rising cloud costs.

M-Cube has appointed Gianluca Pasquali as CEO and Markus Korn as Chief Sales Officer to enhance its growth strategy in Europe's digital solutions market.

KOMI Group from Manchester has promoted three executives as it celebrates a 45% surge in annual turnover, supporting its ambitious growth strategy.

SYSPRO has appointed Josef Al-Sibaie as Chief of Staff and Corporate Development Officer to spearhead its global expansion and digital manufacturing initiatives.

Lookiero and Outfittery have merged to form the Lookiero Outfittery Group, targeting over three million customers and projecting EUR €130 million in revenue.

A new report from N-able projects the IT managed services market will reach an estimated USD $610 billion by 2025, spurred by cybersecurity and AI advancements.

N-able's latest MSP Horizons Report reveals a buoyant outlook for the managed services sector, with 59% of providers expecting revenue growth of 20% by 2025.

A recent Deloitte study reveals that 82% of Southeast Asian CFOs prioritise revenue growth over cost control and financial performance amid economic uncertainty.

MSys Technologies has announced its acquisition of Gophers Lab, aiming to tackle challenges in the FinTech sector and drive digital transformation.

Analytics platform provider Alteryx has appointed Jon Pexton as Chief Financial Officer and Steven Birdsall as Chief Revenue Officer to strengthen its leadership team.

Monta has appointed James Eyton as Chief Financial Officer to enhance its executive team, aiming for significant growth across Europe and North America.

In the volatile arena of mergers and acquisitions, effective public relations is essential for CFOs to manage stakeholder emotions and maintain trust.