Mergers and acquisitions

The acquisition expands Diversified’s commercial marine portfolio. Marine Money was looking for enhanced technology and expanded event platforms and formats.

The acquisition positions the Portland-based insurer as the nation’s third-largest multi-state workers’ compensation specialist.

This year's notable deals include the acquisition of Belfast's Front Street Shipyard by a Blackstone-backed marina operator, and hammond Lumber's purchase of Ware-Butler.

The acquisition by Safe Harbor Marinas is expected to close in January. It is an all-cash deal; terms were not disclosed.

After buying the Hearth Doctor in February 2024, Rob Beardsley moved the showroom from Topsham to a larger space in Brunswick and acquired a similar business in Yarmouth.

A major shift has recently occurred in the world of processed potatoes when international giant McCain’s bought out Washburn-based processor McCrum.

CCA LLC, which is based in Brookfield, Conn., consults in civil engineering, surveying, environmental consulting and landscape architecture. 

The deal, announced earlier this year, would give a nonprofit acquirer sole ownership of all Central Maine Healthcare services and facilities, including Central Maine Medical Center in Lewiston.

Mainebiz checked in with Cross Insurance, United Insurance and MMG Insurance to learn how they’re supporting their clients and teams in a changing business environment.

Now with three facilities, in Maine, New Hampshire and Germany, and over 145 employees, the deal could improve efficiency and accelerate innovation.