Mergers and acquisitions

Boothbay Harbor insurance agency acquires Damariscotta peer

J. Edward Knight Insurance dates back to 1898 and David Chapman Insurance Agency to 1937. Chapman was a farmer who began offering insurance to supplement his farm income.

🔒TimberHP lands strategic investor, gears up for hiring push

Less than a year after exiting Chapter 11, the Madison-based maker of wood-fiber insulation landed backing from New York-based FTAI Infrastructure.

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A well-run competitive process sends an immediate signal to the market that you are a serious seller with options, our guest columnist writes.

How to navigate a leadership transition

Whether you followed a step-by-step plan to climb the career ladder or you took a long, circuitous path to reach the leadership seat, our guest contributors recommend designing a strategic exit plan for yourself.
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South Paris maker of precision parts acquires Texas-based aerospace firm

The acquisition of Dallas-based Precision Aerospace Holdings “adds meaningful technical capability and customer alignment” to Precinmac.

🔒Digital mapping firm charts next chapter with Canadian acquisition

Blue Marble Geographics, a private equity-backed mapping software company based in Hallowell, aims to expand its product palette through the acquisition of Toronto-based Avenza Systems Inc..

🔒Yarmouth marina business makes first foray into Granite State

The deal puts New Hampshire-based Irwin Marine under the same ownership as Yarmouth Boat Yard, Moose Landing Marina, Freedom Boat Club of Maine, Sea Tow Portland/Midcoast, Portland Sea Taxi and Maine Boating Academy.

🔒NH engineering firm acquires Scarborough peer

The deal allows Northeast Civil Solutions to continue the first year under its existing name as a division of Nobis Group and brings Northeast into Nobis’s employee-owned structure.
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🔒California acquirer completes Central Maine Healthcare deal

All Central Maine Healthcare hospital sand facilities will retain their current names and local leadership under the ownership of Prime Healthcare Foundation.

Kennebec County cider company merges with seltzer brand

Albion-based Freedom's Edge Cider has merged with Dasch Seltzer, uniting two craft beverage companies. Terms of the deal were not disclosed.
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