Ballymena United manager David Jeffrey has welcomed the arrival of Institute forward Joe McCready at the Showgrounds, a signing which could hasten the departure of striker Adam Lecky to Glentoran before the transfer window shuts tomorrow night.
The Sky Blues have been discussing the £60,000 offer tabled by the Glens for Lecky.
McCready, meanwhile, has agreed a two-and-a-half-year contract for an undisclosed fee.
"We're pleased to be able to announce that Joseph has agreed terms to join the club following positive negotiations with Institute FC," said Jeffrey, who has allowed Ryan Mayse, Shane McGinty and Declan Carville to leave the club.
"He is a player who we have been looking at for some time, but particularly over the last 18 months his performances have impressed ourselves, with both Paul McAreavey and Joe McCall having watched him closely.
"We followed the proper processes and submitted a request to Institute to meet with him and we were able to come to an agreement to bring him to the Showgrounds now.
"We are absolutely delighted and very much look forward to working with him."
United travel to Warrenpoint Town for a sixth-round Irish Cup tie on Saturday.
Glentoran, meanwhile, have confirmed that Antonio Duric has left the club to further his career in Sweden.
Dungannon Swifts have made a double signing with the arrivals of striker Guillaume Keke from Carrick and defender Francis Brennan from Loughgall.
Glenavon, meanwhile, continue to be linked with a move for Crusaders skipper Colin Coates.