Divestiture News

DULUTH, Ga.--(BUSINESS WIRE)--Mill Point Capital LLC (“Mill Point”), a private equity firm focused on control investments in middle-market companies in North America across the Business Services, Industrials and IT Services sectors, announced today the sale of Verinext Corp. (“Verinext” or the “Company”), a leading IT services platform providing end-to-end technology solutions for mid-market and enterprise clients, to Arctiq, Inc. (“Arctiq”), a leading provider of professional IT solutions and...

INDEPENDENCE, Ohio--(BUSINESS WIRE)--VALTRIS COMPLETES DIVESTITURE OF CHAMPLOR RENEWABLES TO AVRIL...

PREMSTAETTEN, Austria & MUNICH--(BUSINESS WIRE)--ams OSRAM sells non-optical analog/mixed-signal sensor business to Infineon for EUR 570 m in cash, reduces pro-forma leverage ratio to 2.5 and is creating the leader in Digital Photonics “With the focused sale of our non-optical automotive, industrial & medical sensor business to Infineon for EUR 570 million in cash, we are effectively killing two birds with one stone: we are accelerating the deleveraging of our balance sheet while at the sam...

ROSEMONT, Ill.--(BUSINESS WIRE)--Wynnchurch Capital, L.P. (“Wynnchurch”), a leading middle market private equity firm, today announced the sale of Team Car Care, LLC (“TCC” or the “Company”) to Triple JJJ Lube, Corp. Headquartered in Irving, Texas, TCC is a market leader in the quick oil change segment of the “Do-It-For-Me” (DIFM) automotive aftermarket. TCC has grown to be the largest operator and franchisee of the highly recognized Jiffy Lube brand, currently operating 458 locations across 23...

BUFORD, Ga.--(BUSINESS WIRE)--OneWater Marine Inc. (NASDAQ: ONEW) (“OneWater” or the “Company”) today announced that it has completed the sale of Ocean Bio-Chem Holdings, Inc. (“Ocean Bio-Chem” or “OBCI”) as part of its broader portfolio optimization strategy focused on core assets and long-term value creation. Proceeds from the transaction will be used to reduce debt and further strengthen the balance sheet. “As part of our long-term strategy, we are focused on simplifying the business and all...

PARIS & PALO ALTO, Calif.--(BUSINESS WIRE)--LBO France, a multi-specialist investment platform and pioneer in private equity, announced today the signing of a definitive agreement with Vivo Capital, a leading global investment firm focused exclusively on healthcare and life sciences, for the sale of Dutscher Group (‘Dutscher’ or ‘the Group’), the European leader in consumables and equipment distribution for R&D laboratories. Following a successful consultation process, Dutscher’s employee r...

DALLAS--(BUSINESS WIRE)--Celanese Completes Divestiture of Micromax® Business...

ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation (“Middleby”) (NASDAQ: MIDD) today announced the completion of the previously announced transaction to sell a 51% stake in its Residential Kitchen business to an affiliate of 26North Partners LP (“26North”). “The completion of this transaction is the first step in Middleby’s transformation into a pure-play commercial foodservice equipment company with a comprehensive portfolio of leading commercial foodservice products poised to address attr...

FRANKLIN, Tenn.--(BUSINESS WIRE)--Community Health Systems, Inc. (NYSE: CYH) announced today that certain subsidiaries of the Company have completed the divestiture of 186-bed Regional Hospital of Scranton and 122-bed Moses Taylor Hospital in Scranton, Pennsylvania, 369-bed Wilkes-Barre General Hospital in Wilkes-Barre, Pennsylvania, and certain related businesses to affiliates of Tenor Health Foundation for $33 million of cash plus a $15 million promissory note from the buyer. Additional cash...

LAS VEGAS--(BUSINESS WIRE)--Realbotix Corp. (TSX-V: XBOT) (Frankfurt: 76M0.F) (OTC: XBOTF) (“Realbotix” or the “Company”), a leader in AI-powered humanoid robots, announced today that it has entered into a definitive asset purchase agreement dated January 7, 2026, pursuant to which the Company has agreed to sell the Tokens.com domain portfolio to Bed Bath & Beyond, Inc. (the “Buyer”) for a total consideration of US$2.245 million. “Monetizing these legacy digital assets allows us to strength...