Mergers and acquisitions

🔒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.

🔒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.
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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.

Southern Maine engineering firm bulks up with 2 acquisitions

Cumberland-based Sevee & Maher Engineers Inc. has acquired one firm in Maine and one in New Jersey, with an eye to further expansion and acquisition opportunities.

Portland media and trade show company acquires Connecticut brand

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

🔒MEMIC finalizes acquisition that broadens national reach

The acquisition positions the Portland-based insurer as the nation’s third-largest multi-state workers’ compensation specialist.
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Maine merger activity in 2025 cut across sectors from maritime to potato processing

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.

With ownership change in the works, Front Street Shipyard focuses on what’s next

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