Top Ten Tech M&A Transactions This Week by Ascento Capital Invest

Deal of the Week

8/20/25 Honeywell Expands Grid Management Capabilities with SparkMeter Technology Acquisition

Honeywell has acquired three utility software platforms from SparkMeter, Inc., a company known for grid management solutions for distribution networks. The deal includes SparkMeter’s intellectual property and related assets, which will now be integrated into Honeywell’s existing utility technology portfolio.

The acquired platforms are designed to address operational, financial, and data management challenges that utilities face as they modernize distribution systems:

Praxis – a data platform that supports asset modernization and delivers analytics to maximize system performance.

GridScan – a tool that provides visibility into distribution grid health and operational performance.

GridFin – a financial management platform for analyzing energy supply costs, optimizing customer rates, and improving financial performance.

T&D World

8/21/25 Evertec to Acquire Controlling Stake in Tecnobank, a Fintech Company in Brazil

EVERTEC, Inc. (NYSE: EVTC) (“Evertec”, the “Company”, “we” or “our”) today announced it has entered into a definitive agreement to acquire a controlling stake in Tecnobank Tecnologia Bancária S.A. (“Tecnobank”), a leading fintech vendor in Brazil’s digital vehicle financing contract registration sector, through its wholly-owned subsidiary Evertec Brasil Informática S.A. The parties have agreed to a transaction valued at R$787 million, representing approximately USD $144 million at current exchange rates, for a 75% ownership stake, which the Company expects to finance with existing liquidity. The agreement is subject to customary closing conditions, including approval by Brazil’s Administrative Council for Economic Defense (CADE), the government agency responsible for regulating national competition. If authorized, the deal is expected to close in the fourth quarter of 2025.

Stock Titan

8/20/25 CSI buys digital banking tech provider Apiture for undisclosed sum

US-based banking technology provider CSI has entered into a definitive agreement to acquire digital banking solutions vendor Apiture for an undisclosed sum. The transaction is expected to close in the fourth quarter of 2025, pending regulatory approvals.

Founded in 2017 and headquartered in Wilmington, North Carolina, Apiture provides a digital business and consumer banking platform featuring account onboarding, payments, open banking, and analytics capabilities. The company's tech is used by financial institutions across the US, including Florida's Surety Bank, South Indiana's New Washington State Bank, and Freedom Bank of Virginia.

FinTech Futures

8/20/25 Scope Technologies To Acquire Cloud Codes

Scope Technologies Corp. (CSE: SCPE) (OTCQB: SCPCF) (FSE: VN8) announced it has entered into an asset purchase agreement with Plurilock Security Inc., a company listed on the TSX Venture Exchange, to acquire its subsidiary Plurilock Security Private Limited, an Indian corporation founded in 2011 with a proven track record in secure Single Sign-On and distributed storage solutions.

“By bringing the Cloud Codes authentication into the Scope Technologies family and adding QSE—our quantum‑resilient protection layer—we’re delivering on our mission to provide a global ‘Future Secured’ solution with seamless, scalable, quantum‑secure authentication,” said Ted Carefoot, CEO of Scope Technologies. “With full ownership of our infrastructure, we can innovate faster and deliver enterprise‑grade protections that future‑proof authentication against quantum threats. Trust First.”

CityBiz

8/19/25 Ideagen expands safety offering with Reactec deal

A Nottingham-based software specialist is set to strengthen its global workplace safety offering following the acquisition of an Edinburgh technology firm.

Ideagen, which develops compliance and risk management software and supports more than 16,000 clients worldwide, including major names in aviation, pharmaceuticals and healthcare, has acquired Reactec, a University of Edinburgh spin-out known for wearable technology and data-driven safety insights.

Bosses say the deal expands Ideagen’s ability to support worker health and safety, particularly in industries such as mining, construction and manufacturing.

Bdaily Business News

8/19/25 Kinective Acquires ESQ Data Solutions, Extending Platform to Include Cash Device Management Capabilities

Kinective, the leading banking operations platform provider that simplifies the technology financial institutions need to compete, thrive and better serve their communities, today announced its acquisition of ESQ Data Solutions (ESQ), a leading provider of enterprise-grade ATM and self-service device management solutions.

The acquisition extends Kinective's comprehensive Banking Operations Platform—which unifies branch automation, document workflow, secure connectivity and data intelligence—to now include complete cash device management. The addition creates the industry's only banking operations solution that encompasses every critical operational touchpoint from branch to digital channels to cash ecosystem monitoring and management. With ESQ’s proven technology currently monitoring nearly 1 million devices globally, financial institutions gain complete visibility and control over every cash touchpoint—from branch teller cash recyclers to ATMs to kiosks to ITMs.

ATM Marketplace

8/18/25 Fortifi to acquire Provisur Technologies

Fortifi Food Processing Solutions, a global leader in food processing automation and related software, announced that it has entered into a definitive agreement to acquire Provisur Technologies, a leading provider of further-processing solutions to the protein industry. The acquisition reflects Fortifi’s broader strategy to offer complete, full-line solutions that include best-in-class automation, robotics and software capabilities.

“This is a pivotal moment for our organization and our valued customers,” said Massimo Bizzi, chief executive officer of Fortifi. “We look forward to joining forces with Provisur as we strengthen our product breadth across the protein value chain and continue to grow together. By extending our application expertise and growing our operating footprint, we will be able to improve customer experience and outcomes.”

Feedstuffs

8/17/25 Private-equity group Advent to acquire Swedish chipmaker U-Blox for $1.3 billion

Private-equity group Advent International said on Sunday it has agreed to take over Switzerland’s U-Blox in a cash offer worth some 1.05 billion Swiss francs ($1.30 billion).

Advent said its public tender offer for U-Blox’s shares would be carried out by its indirect subsidiary ZI Zenith.

The 135 Swiss francs per share offer represents a 53% premium to the undisturbed volume-weighted average share price of the last six months, Advent said in a statement with U-Blox.

CNBC

8/15/25 Wireless Logic acquires US IoT firm Zipit Wireless

Wireless Logic has continued its spree of acquisitions with the addition of Internet of Things (IoT) player Zipit Wireless.

Terms of the acquisition were not disclosed, though Zipit marks Wireless Logic’s first acquisition of a U.S.-headquartered company.

Zipit is a multi-carrier IoT connectivity and subscription billing solutions provider. Founded in 2007 by Aeronix and Cirrus Logic alumni Frank Greer and Ralph Heredia, the South Carolina-based firm offers a platform that provides flexible white-labeled billing to customers across sectors, including agriculture, security and surveillance, and digital signage.

SDxCentral

8/15/25 Workday acquires Flowise to boost AI-powered workflows

Workday Inc., the human resources and finance software giant, announced today that it has acquired Flowise, an open-source, low-code platform for building artificial intelligence agents and workflow automation.

2bvWorkday provides cloud-based software for human capital management and financial operations, serving more than 11,000 customers worldwide, including over 60% of the Fortune 500. The company has been steadily pushing deeper into AI, recently rolling out new agents designed to handle document-heavy tasks and lighten the load on human resources and legal teams.

Silicon Angle