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Banking & Finance

🔒Hologic to be acquired for $18.3B by Blackstone, TPG

Medical device manufacturer Hologic is going from a publicly traded company to a private business as the Marlborough-based firm is to be acquired for up to $18.3 billion.

🔒Tech support: Community banks are partnering with fintechs to deliver a competitive mobile banking experience while keeping the human touch

In 2012, a WBJ review found less than half of Central Massachusetts banking institutions had a mobile...

🔒Diversifying business loans: Lenders and entrepreneurs of color are trying to overcome historic biases and practical barriers in commercial lending

Central Massachusetts institutions like Webster Five and St. Mary’s are working to open up the financial system by educating entrepreneurs of color.

Senate to boost state budget after overriding Healey vetoes

The Senate next week plans to add money back to the state budget by completing House-approved budget veto overrides, Senate President Karen Spilka told reporters Thursday.
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Healey: Trump Administration has cut $3.7B from state budget

The Healey administration on Tuesday blasted out a press release warning that Massachusetts faces $3.7 billion in budget cuts.

🔒Worcester energy company expands through acquisition of Norwell firm

After a private equity firm became its majority owner in February, Worcester-based electrical contractor and energy solutions company Commonwealth Electrical Technologies has acquired NuWave Energy Solutions in Norwell.

🔒Longtime Worcester wealth manager co-founds new business downtown

After nearly two decades at the Worcester office of Wells Fargo Advisors, former branch manager Robert Cotter has teamed up with fellow former Wells Fargo advisor Chris Roering to launch their own Worcester-based wealth management firm.

Judges for the 2025 Outstanding Women in Business

Nominees were evaluated independently by three volunteer judges, who scored each on their professional achievements, community contributions, and mentorship of young professionals.
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WBJ names the 2025 Outstanding Women in Business

What sets the 2025 Outstanding Women in Business apart is how vital they are to their communities.

🔒Following Nasdaq delisting, ConnectM begins trading on OTCQB market

ConnectM Technology Solutions, a Marlborough-based green energy technology firm, has begun trading its stock on the OTCQB Venture Market.
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