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Deals worth reading before you buy a small one.

Our own short reports on acquisitions, on buying a business and on how companies fare after a deal. We go back to the original filing, release or report, say what it states, and list those sources under every story.

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Latest · After the deal · Nov 10, 2026

A deal's first quarter is mostly costs: the Theravance example

Zymeworks said its Theravance Biopharma purchase closed September 23, added about $1.5 million of revenue and brought several million dollars of one-time costs.

ZymeworksTheravance Biopharma

Not disclosedClosed Sep 2026Closed

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  1. Financing a purchaseNov 10, 2026

    What the SBA says a 7(a) loan can be used for when you buy a business

    The SBA's 7(a) page lists a change of ownership as a permitted use and caps loans at $5 million. The price cap and the loan cap are not the same thing.

    Read the story

  2. After the dealNov 9, 2026

    Natural Gas Services' deal costs fall to $0.8 million in the first full quarter with Flatrock

    Revenue rose to $61.3 million from $51.4 million in the quarter, and the strategic transaction costs tied to Flatrock fell to $0.8 million from $3.3 million.

    Natural Gas Services GroupFlatrock

    Not disclosedClosed Jun 2026Closed

    Read the story

  3. After the dealNov 9, 2026

    Repay's KUBRA deal adds revenue and takes margin away

    Repay's release says KUBRA contributed about $65 million, up 8% on the year. Gross margin fell to 65% from 74%, and two outlook measures were cut.

RepayKUBRA

Not disclosedClosed

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  • Small-business marketNov 4, 2026

    Kraft Heinz sells its North American coffee business for $650 million and keeps 30%

    One Rock Capital Partners buys Maxwell House, Gevalia and five other brands. Kraft Heinz stays in as a minority owner and expects about $500 million after tax.

    One Rock Capital PartnersKraft Heinz North America coffee

    $650MNov 2026Pending

    Read the story

  • Tech buyersNov 4, 2026

    OpenAI's Pierre deal spells out what happens to customers and open-source code

    OpenAI said on November 4 it will buy developer-tools company Pierre. Terms were not disclosed, and customers can keep using the product until it moves into Codex.

    OpenAIPierre Computer Company

    Not disclosedNov 2026Pending

    Read the story

  • Tech buyersNov 2, 2026

    Salesforce closes two small AI purchases on the same day

    Both deals were announced without a price. Salesforce's own notes say each closed on November 2.

    SalesforceListen Labs and Loops

    Not disclosedSep 2026Closed

    Read the story

  • Big dealsNov 2, 2026

    Kimberly-Clark closes Kenvue, paying in cash and stock and taking on new debt

    The deal closed on November 2. Kenvue holders got $3.50 in cash and 0.14625 Kimberly-Clark shares each, and the cash side was paid for partly with new borrowing.

    Kimberly-ClarkKenvue

    Not disclosedClosed Nov 2026Closed

    Read the story

  • Big dealsOct 30, 2026

    Viatris's $1.65 billion Pacira offer shows how long a signed deal takes to close

    The agreement was signed October 8. The tender offer opened October 30 and runs to November 16 unless extended, with closing expected by the end of the month.

    ViatrisPacira BioSciences

    $1.65BOct 2026Pending

    Read the story

  • Big dealsOct 29, 2026

    DoorDash agrees to buy Instacart for about $17 billion, with a close not expected until 2027 or 2028

    Instacart holders get $65 a share in cash, DoorDash stock, or a mix, with stock capped at a quarter of the total. DoorDash says it targets more than $500 million of yearly synergies.

    DoorDashInstacart

    $17BOct 2026Pending

    Read the story

  • Big dealsOct 29, 2026

    Thrive Holdings agrees to take ADT private at $10 a share; about half the $15.3 billion price is debt

    ADT's equity is valued at about $7.6 billion and its enterprise value at $15.3 billion. Apollo-managed funds provide the financing, and rival bidders can still step in until November 28.

    Thrive HoldingsADT

    $15.3BOct 2026Pending

    Read the story

  • Big dealsOct 28, 2026

    GE Vernova to buy Trench Group for $9 billion, priced at 13 times earnings expected in 2028

    The price is a multiple of a forecast two years away. Trench expects about $1.9 billion of revenue and a 36% EBITDA margin in 2028, according to GE Vernova.

    GE VernovaTrench Group

    $9BOct 2026Pending

    Read the story

  • Tech buyersOct 27, 2026

    Salesforce agrees to buy Braze for $47.50 a share, about $5.66 billion

    Salesforce says the deal needs no change to its fiscal 2027 guidance and is expected to close in fiscal 2028. Braze serves about 2,770 customers.

    SalesforceBraze

    $5.66BOct 2026Pending

    Read the story

  • Big dealsOct 26, 2026

    EQT agrees to buy Range Resources in an all-stock deal that gives Range holders 27% of the combined company

    Each Range share becomes 0.987 EQT shares. The companies claim $325 million of yearly savings within two years and an enterprise value above $50 billion.

    EQT CorporationRange Resources

    Not disclosedOct 2026Pending

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  • Big dealsOct 21, 2026

    EQT's €46.50-a-share offer for QIAGEN comes with promises on brand, sites and staff

    The all-cash offer values QIAGEN at about €10.8 billion including net debt. EQT commits to keep the name, and holders who do not tender would still be paid the offer price in cash.

    EQT Private EquityQIAGEN

    $12.1BOct 2026Pending

    Read the story

  • Small-business marketOct 20, 2026

    Fewer small businesses sold in Q3, but the typical price rose

    BizBuySell counted 2,132 sales in the third quarter, down 7% from a year earlier, while the median sale price climbed 17% to $350,000.

    Read the story

  • Big dealsOct 15, 2026

    Proofpoint's $6.3 billion offer for Varonis is a 52% premium or a 17% one, depending on the date

    The all-cash price is $49.75 a share, about 53 times trailing free cash flow. Thoma Bravo supplies the financing.

    ProofpointVaronis Systems

    $6.3BOct 2026Pending

    Read the story

  • Big dealsOct 7, 2026

    Wittington and Fairfax agree to buy Boots for about $8.9 billion, but not every Boots business is in the deal

    The price includes assumed debt. Two of the group's European interests stay with the current owner, and Fairfax says it will own about half the equity.

    Wittington Investments and FairfaxBoots

    $8.9BOct 2026Pending

    Read the story

  • Big dealsOct 5, 2026

    C.H. Robinson agrees to buy RXO for about $5.8 billion in cash and stock

    RXO holders can choose cash, stock or a mix. The $30.25 headline value depends on C.H. Robinson's share price over a set window, not on a fixed dollar sum.

    C.H. RobinsonRXO

    $5.8BOct 2026Pending

    Read the story

  • Big dealsOct 5, 2026

    Schneider Electric agrees to buy PTC for $205 a share, $23.7 billion including debt

    The all-cash deal values PTC's equity at about $22.6 billion. Schneider quotes the price as 21 times 2027 earnings, or 13 times with all of its expected synergies.

    Schneider ElectricPTC

    $23.7BOct 2026Pending

    Read the story

  • Online business marketOct 2, 2026

    Online stores are selling for about 1.5 times annual profit on Flippa

    Flippa's own sold-deal data puts the average ecommerce profit multiple at 1.55x for the first half of 2026, down from a 2.48x peak in the first half of 2023.

    Read the story

  • Online business marketFeb 11, 2026

    SaaS businesses on Acquire.com keep selling near 3.9 times profit

    Acquire.com's multiples report says the median SaaS profit multiple was 3.9x in both 2024 and 2025, even as public software multiples fell.

    Read the story