By Editor , 13 October 2026
Vertiv to Buy Microgrid Firm UIG for $1.45B Cash

Columbus, Ohio – October 12, 2026 -- Vertiv Holdings Co. has agreed to acquire microgrid specialist Utility Innovation Holdings, operating as UtilityInnovation Group (UIG), for about $1.45 billion in cash at closing, plus up to $1.15 billion in additional cash tied to EBITDA targets over 12- and 24-month periods.

Vertiv's wholly-owned subsidiary, Vertiv Corporation, signed the merger agreement. If the full earnout is paid, total consideration could reach $2.6 billion.

By Editor , 13 October 2026
R&S Holdings Acquires Pennsylvania Detox Provider Innovo

Los Angeles – October 12, 2026 -- R&S Holdings, a Maryland-based behavioral health organization, has acquired Innovo Detox, a Pennsylvania provider of substance use disorder (SUD) treatment and drug and alcohol rehabilitation services, in a transaction advised by M&A Healthcare Advisors (MAHA). Financial terms were not disclosed.

By Editor , 13 October 2026

Pittsburgh – October 12, 2026 -- STERIS, a roughly $6 billion-revenue infection prevention provider with 18,000 Associates, has agreed to acquire Pittsburgh-area surgical safety specialist Xodus Medical, adding a portfolio of operating room consumables.

Financial terms were not disclosed in the announcement.

By Editor , 13 October 2026
SIRE Buys Pilot's 70M-Gallon Nebraska Ethanol Plant

Council Bluffs – October 12, 2026 -- Southwest Iowa Renewable Energy, LLC (SIRE), a farmer-owned ethanol producer, has acquired GreenAmerica Biofuels Ord LLC, lifting its combined capacity to approximately 230 million gallons of ethanol per year across two plants in Iowa and Nebraska.

By Editor , 13 October 2026
PayJoy Acquires Finia AI Assets to Expand AI Underwriting

San Francisco – October 12, 2026 -- PayJoy, which serves more than 20 million customers across nine countries, has acquired select strategic assets of Finia AI, Inc., a venture-backed fintech that built AI underwriting for micro-businesses in Mexico. The announcement did not state a price.

By Editor , 12 October 2026
Sandvik Buys Mastercam India and CCCS, Adding SEK 120M Revenue

Stockholm – October 12, 2026 -- Sandvik has acquired Mastercam India and select assets of CAD/CAM CONSULTING SERVICES INC. (CCCS), two long-standing Mastercam channel partners that together generated net annual revenue of around SEK 120 million in 2025.

Both companies will join the Mastercam business unit and report within the Intelligent Manufacturing business area. The deals follow a series of similar acquisitions Sandvik has made in recent years and are intended to strengthen local capabilities and widen its sales network across regions.

By Editor , 9 October 2026
Midea Completes Control Acquisition of Italy's Esaote

Genoa – – October 09, 2026 -- Midea Group has completed the acquisition of a controlling stake in Esaote S.p.A., the Italian medical imaging maker that posted fiscal 2025 revenues of EUR 267 million, 70% of them from international markets.

By Editor , 8 October 2026

Houston – October 08, 2026 -- Drilling Tools International Corp. (NASDAQ: DTI) has signed a definitive agreement to acquire Aberdeen-based Saltire Energy Limited and Foxley Energy Limited for approximately $80 million in cash plus 17.4 million shares of DTI common stock, a deal expected to close in the first quarter of 2027.

By Editor , 7 October 2026

Austin, Texas – October 07, 2026 -- Critical Materials Group (CMG) has acquired Rocky Mountain Scientific Laboratory (RMSL), merging a national security energetics research lab with a domestic munitions manufacturing platform under one corporate entity. Financial terms of the deal were not disclosed.