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Banking & Finance

Boston Scientific to acquire California blood flow treatment manufacturer for up to $664M

Marlborough-based Boston Scientific has entered into a definitive agreement to acquire California-based medical equipment manufacturer Bolt Medical.

Fidelity Bank promotes chief lending officer to president

Fidelity Bank has named its first new president in nearly 10 years, promoting executive employee Joseph Silva to the Leominster-based institution’s leadership role. 

Leases for five Party City locations in Central Mass. heading to auction as bankrupt company winds down operations

The party is over for Party City, as leases for the company's five Central Massachusetts locations are heading to the auction block.

Gov. Healey requests $425M to sustain emergency shelters

Gov. Maura Healey filed a supplemental spending bill Monday, seeking another $425 million from a reserve account to keep the maxed-out emergency assistance shelter program running for the next six months.
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Hologic completes $350M acquisition of California women’s health device manufacturer

Marlborough-based medical device manufacturer Hologic has closed its acquisition of Gynesonics.

Fitchburg private school receives largest-ever donation to create $8M endowment

Five years after community and business leaders scrambled to keep St. Bernard’s High School opened after the Diocese of Worcester could no longer cover the school’s deficit, the Catholic Fitchburg school has received the largest donation in its history from an anonymous benefactor.

Central Mass. cannabis businesses granted $5M in latest push to boost industry equity

This second round of funding awarded on Dec. 23 followed an application process announced in September. 

Wachusett Brewing parent to merge with Harpoon’s owner, in latest craft beer shakeup

Dan Kenary, a Worcester native and Mass. Bay Brewing’s co-founder and CEO, will lead the new entity as CEO.
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State transportation funding task force to miss end-of-year deadline

Some reports have suggested task force members -- who stretch across a range of professional backgrounds and industry interests -- have been split over how far their recommendations to the governor should go.

Burlington private equity firm buys Worcester hotel for $20.4M

This sale represents AAM 15’s first hotel purchase in Central Massachusetts.
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