Merger & Acquisition News

ROSWELL, Ga.--(BUSINESS WIRE)--SiteOne® Landscape Supply, Inc. (NYSE: SITE) announced today the company completed its acquisition of Newsom Seed, a wholesale distributor of agronomics products with two locations in Maryland serving the Baltimore and Washington, DC markets. “For nearly 40 years, Newsom Seed has built a reputation as an industry leader in agronomics,” said Doug Black, Chairman and CEO of SiteOne Landscape Supply. “Newsom specializes in custom seed blending, allowing us to provide...

LA JOLLA, Calif.--(BUSINESS WIRE)--Prospector Capital Corp. (“Prospector”) (Nasdaq: PRSRU, PRSR and PRSRW) previously announced that it will issue, in connection with the consummation (the “Closing”) of the proposed business combination (the “Business Combination”) with LeddarTech Inc., a corporation existing under the laws of Canada (“LeddarTech”), and LeddarTech Holdings Inc., a company incorporated under the laws of Canada and a wholly owned subsidiary of LeddarTech, as a dividend, to each h...

WILMINGTON, Del.--(BUSINESS WIRE)--Global Indemnity Group, LLC No Longer Pursuing the Sale or Merger of the Company...

ORLANDO, Fla.--(BUSINESS WIRE)--Fonon Corporation, a multi-market holding company, R&D center, equipment designer and manufacturer of advanced laser material processing systems for subtractive and additive manufacturing, today announced its November 16, 2023, acquisition of Fonon Technologies, a laser-based development and worldwide manufacturing and systems integration company for state-of-the-art components, material processing and power-generating equipment. Fonon Technologies' patents,...

NEW YORK & CHARLOTTE, N.C.--(BUSINESS WIRE)--Sunlight Financial Holdings Inc. (“Sunlight Financial”, “Sunlight” or the “Company”), a technology-enabled point-of-sale finance company, today announced that it has successfully completed its Chapter 11 restructuring process and emerges as a stronger company with a clear vision for the future. Sunlight’s acquisition by a consortium of established investors in the solar energy industry, including an affiliate of Greenbacker Capital Management, Sunsto...

LONDON--(BUSINESS WIRE)--Technology Holdings, a global investment bank with offices in North America, Europe and the Asia-Pacific is pleased to announce that it has acted as the exclusive financial advisor to London headquartered Elite ServiceNow partner, Unifii on its strategic sale to Bain Capital backed Inetum, which is headquartered in France. Unifii is the largest independent Elite ServiceNow partner in the United Kingdom and Ireland, and is recognized for its unparalleled expertise in sup...

PITTSBURGH--(BUSINESS WIRE)--Woodings Industrial Corporation and affiliated companies have acquired 100% ownership of Superior Machine Company of South Carolina, Inc., an experienced and respected name in time-critical, turnkey upgrades and revamps of electric arc furnaces and associated melt shop equipment through design, engineering, project management, manufacturing, and field service expertise. Founded over 50 years ago, Superior Machine has production facilities of approximately 128,000 sq...

AUSTIN, Texas & MUNICH, Germany--(BUSINESS WIRE)--Zilliant, the leader in price and revenue optimization and management, today announced that it has closed its acquisition of In Mind Cloud, a digital sales platform purpose-built for manufacturers. This combination will enable companies to manage the full pricing lifecycle from one platform by adding In Mind Cloud’s next-generation Configure, Price, and Quote (CPQ) and commerce technology to Zilliant’s pricing management and optimization solutio...

TOMS RIVER, N.J.--(BUSINESS WIRE)--Grand Fitness Partners, one of the largest franchisees within the Planet Fitness system and backed by middle market private equity firm HGGC, today announced that it has completed the acquisition of eight Planet Fitness locations in California from PCV Holding Co. LLC, a top-tier Planet Fitness franchisee since 2011. As part of the transaction, the owners of PCV have rolled a portion of their proceeds into Grand Fitness and hold a minority stake in the busines...

NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. (NYSE: MITT) (“MITT”) announced today that it has completed the previously announced acquisition of Western Asset Mortgage Capital Corporation (“WMC”) via merger with a wholly owned subsidiary of MITT. December 5, 2023 was the last day on which WMC’s common stock was publicly traded and prior to the opening of trading on December 6, 2023, its common stock will be suspended from trading on the NYSE. “The completion of the WMC acquisit...