Mergers


Leawood-based Stackify sells to IT company Netreo

Leawood-based Stackify LLC sold to Netreo Inc., a Huntington Beach, California, company that developed an award-winning platform for IT infrastructure management. Financial details were not disclosed.  Founded in 2012,  Stackify created developer-centric software for monitoring an application's performance, and detecting… more

New bidder raises offer on KC Southern

Kansas City Southern has been offered another bid, this time from Canadian National Railway with a cash-and-stock offer valued at $33.7 billion. The offer amount outdoes competing bidder Canadian Pacific's cash-and-stock proposal of $25 billion. Any deal would capitalize on… more

Kansas City Southern sale to go under review

Canadian Pacific Railway Limited and Kansas City Southern today made a filing with the Surface Transportation Board asserting their right to have the STB review their combination under a waiver the STB granted to KCS in 2001. The filing was… more

KC-based ProPharma acquires Diamond Pharma

Overland Park-based ProPharma Group continues its expansion and international reach, announcing the acquisition of U.K.-based Diamond Pharma Services. ProPharma said it purchased Diamond Pharma Services for an undisclosed amount. Like ProPharma, Diamond Pharma Services provides regulatory and compliance services for… more

Olathe-based Terracon acquires Virginia geotech company

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Orscheln Farm and Home sells in $297M cash deal

Missouri-based and family-owned Orscheln Farm and Home has been acquired in a $297 million all-cash deal. The decades-old company was bought by rural lifestyle retailer Tractor Supply Company, which will add 167 Orscheln stores across 11 states.  “For more than… more

Lockton Affinity acquires insurance platform company

Kansas City-based Lockton Companies affiliate, Lockton Affinity, is bringing on an insurance platform company thanks to a recent acquisition. Lockton acquired San Diego, Calif.-based The BluePrint Insurance Services. The company provides technology, training and customer services to help registered investment… more

Olathe-based NIC Inc. to sell for $2.3B

Headquartered in Olathe, Kan. since 1992, NIC Inc. announced it will sell to Texas-based Tyler Technologies Inc. for $2.3 billion. The all-cash transaction will be made for NIC’s outstanding shares, which are currently around $34 per share. NIC Inc. is… more

T-Mobile sees total revenue boost of 71 percent during Q4 in months following Sprint merger

Nearly one year since closing on its merger with Sprint Corporation on April 1, 2020, T-Mobile US is seeing sizable revenue gains. In Q4 of 2020, T-Mobile’s total revenue rose 71 percent. Adding 1.7 million new customers in Q4, the… more

Health tech provider Netsmart acquires software company

Locally-headquartered Netsmart Technologies Inc. has acquired Geriatric Practice Management Corp. (GPM) out of North Carolina. GPM is a software-as-a-service technology and services company, primarily focused on the support of the long-term/post-acute care (LTPAC) community. In short, GPM's electronic health record… more