Divestiture News

LOS ANGELES--(BUSINESS WIRE)--CMCT completes sale of lending division...

WAYNE, Pa.--(BUSINESS WIRE)--Renovus Capital Partners (“Renovus”), a private equity firm focused on investing in growth-oriented businesses in the Knowledge and Talent industries, today announced the sale of its portfolio company Pillr Health, a technology-enabled pharmacy optimization platform serving healthcare providers nationwide, to Water Street Healthcare Partners. Renovus first partnered with the business in 2019, supporting its evolution from a legacy 340B third-party administrator into...

NEW YORK--(BUSINESS WIRE)--SharonAI Holdings Inc. and its subsidiaries (“Sharon AI”), a leading Australian Neocloud (SHAZ:OTC Markets, SHAZW:OTC Markets), today announced that it has entered into a definitive agreement to sell its 50% ownership interest in Texas Critical Data Centers LLC (“TCDC”) to New Era Energy & Digital, Inc. (Nasdaq: NUAI) (“New Era”), as previously announced on Dec. 23, 2025, and has closed and consummated the sale. New Era has acquired 100% of the issued and outstand...

BEACHWOOD, Ohio--(BUSINESS WIRE)--SITE Centers Announces Sale of Partnership Interests...

GREENWICH, Conn.--(BUSINESS WIRE)--Littlejohn & Co. (“Littlejohn”), a private investment firm based in Greenwich, CT, today announced that it has agreed to sell The Hiller Companies (“Hiller”), a leading provider of fire and life safety services. Terms were not disclosed. Since Littlejohn’s acquisition of Hiller in September 2022, Hiller has successfully executed a transformational growth strategy, significantly expanding its geographic footprint, strengthening its management team, increasi...

VALLEY FORGE, Pa.--(BUSINESS WIRE)--UGI International, LLC (“UGI International”) today announced that it has entered into a definitive agreement to divest its LPG distribution businesses in Czech Republic, Hungary, Poland, and Slovakia, to DCC plc for an enterprise value of approximately €48 million. “This divestiture substantially completes UGI International’s previously announced portfolio optimization program, allowing us to sharpen our focus on the segments where we have the strongest compe...

LOS ANGELES--(BUSINESS WIRE)--Atar Capital, a Los Angeles-based global private investment firm, today announced the successful sale of Frontier Integrity Solutions (FIS) through a management buyout. The transaction marks the culmination of a nine-year partnership that transformed FIS into a leading provider of pipeline inspection and integrity services that keep America's energy infrastructure secure. As the U.S. works to modernize and secure its energy infrastructure and pipeline networks to b...

RICHARDSON, Texas--(BUSINESS WIRE)--CommScope (NASDAQ: COMM) announced the closing of transaction to sell its Connectivity & Cable Solutions segment to Amphenol Corporation (NYSE: APH)....

JACKSONVILLE, Fla.--(BUSINESS WIRE)--FIS® (NYSE: FIS), a global leader in financial technology, today announced the completion of its acquisition of Global Payments' Issuer Solutions business, formerly known as TSYS, for an enterprise value of $13.5 billion, or a net purchase price of $12 billion including $1.5 billion of net present value of tax assets. Offerings from this asset, the world’s largest issuing business, will now go to market under the FIS® Total Issuing™ Solutions portfolio brand...

ATLANTA--(BUSINESS WIRE)--Global Payments Completes Acquisition of Worldpay and Divestiture of Issuer Solutions Business...