Contractor buys Md. firm
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Perini Corp. , a Framingham construction company that built one of the largest sections of the Big Dig, has agreed to purchase Cherry Hill Construction Co., a private firm in Jessup, Md., that does public works projects. Most of Perini's revenue comes from construction of gaming and themed-entertainment projects. The company has extensive work in Iraq and Afghanistan, as well. ...
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Gibson DomainDomain, Boston's largest independent real estate agency and one that has played a central role in gentrifying the historic South End, has been acquired by two local businessmen who plan to expand its operations into the suburbs.
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The orthopedic device maker on Thursday accepted a takeover bid of $11.4 billion from a private equity consortium.
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Beacon Capital Partners LLC, which had sold most of its Boston-area real estate, is jumping back in as a buyer despite record high prices for commercial properties, agreeing to acquire half of One Financial Center for a reported $390 million.
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An acquisition focuses on a market with strong growth potential.
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Contract with Department of Defense is part of homeland security boom.
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Rouse Co., the Baltimore-based real estate investment trust that owns the Mall St. Matthews, is being sold to Chicago-based General Growth Properties Inc. for $7.2 billion, according to a report in the Baltimore Business Journal.
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Audax Group, a private Boston investment firm, said it has acquired Ready Mixed Concrete Co. for $210 million in a buyout deal that also included Ready Mixed management. This is the sixth deal in the past four months for Audax, which invests in companies on behalf of college endowments and pension funds, said cochief executive Geoffrey Rehnert. Audax has 13 ...
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Firm says it's buying Dynamicsoft and its SIP-based development tools to help win new business with broadband and wireless providers.
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The casino operator will be purchased by publicly traded investment company Fortress Investment Group and private equity firm Centerbridge Partners in an all-cash transaction.
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Brookfield Properties Corp., which owns 48 commercial sites including the World Financial Center in New York, bought a 19-story office tower in Rosslyn, Virginia, from Deutsche Immobilien Fonds AG for $106 million.
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The unit was sold for $10.3 billion to a group of private equity firms that will take an equal stake in the company.
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The James River Group, a property and casualty insurer, said yesterday that it had agreed to be acquired by the hedge fund D. E. Shaw Group for $575 million in cash.
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New Boston Fund Inc., a growing real estate investment and development firm founded in 1993, bought the 116 Huntington Ave. office building for $68 million in December 2002, selling it for $77 million late last year. Jerry Rappaport Jr., president, spoke recently with Globe reporter Thomas C. Palmer Jr.
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Defense technology developer Foster-Miller Inc. of Waltham says it will be acquired for $163 million by Britain's QinetiQ Group PLC, a public-private partnership with the United Kingdom Ministry of Defense.
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Security vendor is expanding to Web applications with acquisition of firewall vendor.
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Jon Francke, a buyer at the video-rental chain Potomac Video, just placed his company's first order for Blu-ray discs.