Mergers Acquisitions

WaterTectonics Acquires DWT Patents, Becomes Exclusive DSR Maker

Everett – September 15, 2026 -- WaterTectonics has acquired the patents and intellectual property of Dynamic Water Technologies (DWT), becoming the exclusive Original Equipment Manufacturer of the Dynamic Scale Remover (DSR), an electrochemical cooling tower treatment technology.

WaterTectonics gains exclusive OEM rights to patented electrochemical scale-removal technology

The DSR system uses a patented electrochemical process to strip dissolved scale-forming minerals from cooling water before they accumulate on heat transfer surfaces. The process simultaneously generates oxidants from chlorides already present in the water, cutting the need for added biocides while allowing facilities to run at higher cycles of concentration.

EMD Serono Acquires PostEra's Oral Fertility Drug Programs

Boston – September 15, 2026 -- EMD Serono, Inc., the U.S. and Canada healthcare business of Merck KGaA, Darmstadt, Germany, has acquired two preclinical fertility drug programs from PostEra, a biotechnology company that uses artificial intelligence for small-molecule drug discovery.

EMD Serono takes over two AI-derived fertility programs from PostEra

The deal covers a class of follicle-stimulating hormone receptor (FSHR) agonists for ovarian stimulation in IVF and a separate class of luteinizing hormone/chorionic gonadotropin receptor (LHCGR) agonists targeting male infertility and ovulation triggering in IVF. Both programs were developed over the past two years using PostEra's Proton AI platform and remain in preclinical development, with safety and efficacy in humans not yet established.

Galloway Acquires Indiana's Hafer, Expanding to 21 Offices

Denver – September 13, 2026 -- Galloway & Company, LLC has acquired Hafer Inc., a 70-person architecture, interior design, and MEP engineering firm based in Evansville, Indiana, growing Galloway's footprint to 21 offices across 13 states.

Galloway adds four Midwest offices through the Hafer deal

Hafer, founded in 1978, operates from Evansville, Indiana; Columbus, Ohio; Owensboro, Kentucky; and Carbondale, Illinois. The firm delivers architecture, interior design, MEP engineering, landscape architecture, planning, and sustainable design services across healthcare, civic, corporate, higher education, K-12, religious, retail, restaurant, library, and aquatics projects.