InvestSoft Technology Acquired by Morningstar

MBBP Client InvestSoft Technology, a provider of innovative software solutions designed to streamline workflow, reduce risk and harness the value of data throughout an organization, was acquired by Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research. Todd Roitfarb, chief executive officer of InvestSoft, said, “InvestSoft understands the real-time needs of investment firms, and we pride ourselves on the …

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MBBP Client Kewill Finalizes Acquisition of LeanLogistics

Firm client Kewill announced that as of June 1, 2016, its acquisition of LeanLogistics is closed.  The acquisition will allow the two companies to better serve their customers' supply chain logistics needs. Kewill specializes in enabling its clients to efficiently move their information and goods across the global supply chain through its logistics software. LeanLogistics' is …

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Fenway Summer Ventures Leads Financing in StreetShares

Congratulations to our client Fenway Summer Ventures for leading a Series A financing in StreetShares. Endeavor Equity Holding and Pivot Investments also participated in the initial $4.5 million Series A closing. Led by co-founders Mark Rockefeller and Mickey Konson, StreetShares brings together business owners in search of funding and investors looking for both financial and social returns. The online …

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BlueMetal Acquired by Insight

MBBP Client BlueMetal Architects, Inc., an interactive design and technology architecture firm based in the Boston area, was acquired in a merger transaction by Insight Enterprises, Inc.  a Fortune 500 company based in Phoenix, AZ. MBBP has served as counsel to BlueMetal since its inception in 2010,  and advised it in connection with the structuring, negotiation and documentation of …

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Fenway Summer Ventures Leads $4.2M Financing for XOR

Acting in concert with existing investors Chicago Ventures and KGC Capital, MBBP client Fenway Summer Ventures led a $4.2M Series A funding for XOR Data Exchange, the innovative Austin-based data exchange company. XOR CEO Mike Cook voiced his company’s gratification with the input of “strategic capital from a new industry … [with] deep…experience in the …

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MBBP Has Busy Month with a Number of Noteworthy Deals

MBBP Client Virgin Pulse received $92 Million in venture financing from Insight Venture Partners enabling Virgin Pulse to accelerate the growth of the market-leading products that replenish and recharge employees by providing tools that build better habits. In addition Serruya Capital Partners, a Toronto based private equity firm, acquired MBBP Client Tivoli Audio, a global …

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Spectro Scientific Acquires On-Site Analysis, Inc.

On November 28, 2014, MBBP client Spectro Scientific, a leading developer and manufacturer of analytical tools and software acquired On-Site Analysis, Inc., (OSA).  Spectro Scientific is one of the largest worldwide suppliers of oil, fuel and processed water analysis instruments to industry and the military.  OSA specializes in manufacturing analytical equipment primarily for on-premise coolant, oil …

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Hastings Equity Partners Completes Sale of Danlin Industries

MBBP client Hastings Equity Partners recently announced the sale of Danlin Industries to Arsenal Capital Partners. Danlin provides production chemicals, capillary services and completion chemical solutions to oil & gas exploration and production companies. Morse, Barnes-Brown & Pendleton serves as counsel to Hastings Equity Partners, and advised it in connection with the structuring, negotiation and documentation …

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Spectro Acquires Wilks Enterprise

MBBP client Spectro, Inc., a developer and manufacturer of analytical tools and software for the industrial performance fluids market, announced it has acquired Wilks Enterprise, Inc., a developer and manufacturer of mid-infrared (mid-IR) application specific analyzers used for biofuel, petrochemical, environmental, quality control, manufacturing and ambient air monitoring measurement. MBBP serves as counsel to Spectro, …

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Aveksa Acquired by EMC Corporation

MBBP client Aveksa, a provider of the industry’s leading business-driven Identity and Access Management (IAM) platform used by organizations worldwide to address operational, risk and compliance challenges originating from user access, has been acquired by EMC Corporation, a global leader in enabling businesses and service providers to transform their operations and deliver information technology as a …

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