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V O L . X X I X N O. X I X I N N OVAT I O N / R & D Notable mergers and acquisitions in Maine Ordered by announcement date C O M P I L E D B Y S T E P H A N I E R . M E A G H E R C O M P I L E D B Y S T E P H A N I E R . M E A G H E R 1 F.L. Putnam is headquartered in Wellesley, Mass., but its largest office is in Portland. N O T E S : Deals announced from Jan. 1, 2023 through Aug. 8, 2023 were considered for this list. S O U R C E : Crunchbase and press releases 74 Fact Book / Doing Business in Maine Notable mergers & acquisitions in Maine Ordered by announcement date Acquirer (buyer) Announcement date Acquiree (seller) 1 Netsurit New York, N.Y. Aug. 2023 Vital I/O Brunswick 2 ProSearch Portland July 2023 Technology Search Partners Portsmouth, N.H. 3 F.L. Putnam Investment Management Co. 1 Portland July 2023 Aurora Financial Group LLC Portland 4 Penske Truck Leasing Reading, Penn. July 2023 Kris-Way Truck Leasing Bangor 5 Geiger Lewiston July 2023 Firebrand Promotions Surrey, United Kingdom 6 Microwaves Techniques LLC Gorham June 2023 Valvo Bauelemente Hamburg, Germany 7 Local Line Toronto, Canada June 2023 Forager Portland 7 Marina Holdings LLC Yarmouth June 2023 Sea Tow Portland-Midcoast Portland 9 Wedgewood Pharmacy Swedesboro, N.J. June 2023 Blue Rabbit Portland 10 Howell Laboratories Bridgton June 2023 GDL Paint Standish 11 Robbins Lumber Inc. Searsmont May 2023 Pleasant River Lumber Co. Hancock, Sanford 12 S.W. Cole Inc. Harmon May 2023 Paul B. Aldinger & Associates Inc. East Providence, R.I. 13 Quadriga Capital Frankfurt, Germany April 2023 Signition Frankfort 14 Haley Ward Bangor April 2023 Betsy Lindsay Inc. Palm Beach, Fla. 15 Chadwick-BaRoss Inc. Westbrook April 2023 Woodco Machinery (assets) Woburn, Mass. 16 Giri Hotels Alpes, Cote d'Azur March 2023 Anchorage By the Sea Ogunquit 17 Haley Ward Bangor March 2023 Final Draft CAD Portland 18 Quest Diagnostics Secaucus, N.J. March 2023 Northern Light Health (laboratory assets) Brewer 19 EarthWise Pet Woodinville, Wash. March 2023 Loyal Biscuit Co. Rockland 20 GreenPages Technology Solutions Kittery Feb. 2023 Arcas Risk Management Middleton 21 FISBA St. Gallen, Switzerland Jan. 2023 Gray Optics Portland 22 Portland Yacht Services Portland Jan. 2023 White Rock Outboard Sebago Lake SOURCE: Crunchbase and press releases NOTES: Deals announced from Jan. 1, 2023 through Aug. 8, 2023 were considered for this list. 1 F.L. Putnam is headquartered in Wellesley, Mass., but its largest office is in Portland. - This list was compiled by Stephanie R. Meagher and published in the Aug. 28, 2023 issue of Mainebiz.