Merger & Acquisition News

ST. LOUIS--(BUSINESS WIRE)--Core & Main has closed on its previously announced agreement to acquire assets of a provider of water, wastewater and storm drainage products....

SAN FRANCISCO--(BUSINESS WIRE)--Alpine Investors (“Alpine”) today announced the launch of Cobalt Service Partners (“Cobalt”), a new platform focused on buying and building exceptional access solutions businesses. In conjunction with the launch, Cobalt announced its acquisition of Piedmont Door Solutions (“Piedmont”), a premier provider of commercial doors and entrance solutions with locations across the Southeast, Southwest, and Mid-Atlantic. Cobalt buys market-leading businesses across the fol...

SAN FRANCISCO--(BUSINESS WIRE)--American Pacific Group (“APG”), a San Francisco Bay Area-based private equity firm, announced today the successful completion of the previously announced acquisition of Spark Power Group Inc. (“Spark Power”), a leading provider of electrical power and maintenance services. Headquartered in Oakville, Ontario, Spark Power provides comprehensive end-to-end electrical power and maintenance services to a wide range of industrial, utility, and renewable energy end-mark...

NEW YORK--(BUSINESS WIRE)--Velocity Capital Management (“Velocity”), a private equity firm specializing in value-add investing in high growth companies across the sports, media, and entertainment ecosystem, today announced that its Velocity Opportunity Fund has acquired Parella Motorsports Holdings, the largest owner and operator of grassroots motorsports live events racing classifications across the U.S. and Canada. Terms of the transaction were not disclosed. “After achieving accelerated grow...

CAMDEN, N.J.--(BUSINESS WIRE)--Campbell Soup Company (NYSE:CPB) today reported results for its first-quarter fiscal 2024 ended October 29, 2023. CEO Comments “Our first-quarter results were in line with our expectations, as we continue to effectively navigate the current consumer landscape, while lapping 15% growth rates from a year ago,” said Mark Clouse, Campbell's President and CEO. "We are off to an encouraging start in our important holiday season, and we expect to build momentum for the b...

PLANO, Texas, & WOKING, England--(BUSINESS WIRE)--KFC to Acquire 218 EG Group KFC Restaurants in the United Kingdom and Ireland...

TOKYO--(BUSINESS WIRE)--Kaneka Corporation (Headquarters: Minato-ku, Tokyo; President: Minoru Tanaka)(TOKYO:4118) has acquired all shares of Japan Medical Device Technology Co., Ltd. (Headquarters: Kamimashiki-gun, Kumamoto; President: Shuzo Yamashita) (hereinafter JMDT), a developer and manufacturer of medical devices, on November 30, 2023, and made it a wholly owned subsidiary. Kaneka manufactures and sells endovascular catheters, which are devices used in the treatment of cardiac, peripheral...

PARIS--(BUSINESS WIRE)--Global technology service provider FPT announces its acquisition of an 80% stake in the French IT consulting firm AOSIS, a strategic initiative to fortify its delivery competencies, expand business opportunities, and broaden its customer base in this market. Through the investment, FPT and its tech subsidiary, FPT Software, will leverage AOSIS's prowess in SAP, Data, Cloud, and Business intelligence solutions, with a focus on the aerospace, aviation, and transportation s...

PASADENA, Calif.--(BUSINESS WIRE)--Western Asset Mortgage Capital Corporation (the “Company,” “we,” or “WMC”) (NYSE: WMC) announced today that its stockholders have voted to approve the proposed merger transaction with AG Mortgage Investment Trust, Inc. (“MITT”) (NYSE: MITT) at a special meeting of stockholders of WMC held today. Approximately 55% of the issued and outstanding shares of WMC common stock entitled to vote at the special meeting of stockholders of WMC voted in favor of the adoptio...

CLEVELAND & ST. LOUIS--(BUSINESS WIRE)--Ulmer & Berne LLP and Greensfelder Hemker & Gale PC announced today that their firms have approved a combination, creating an Am Law 200 law firm....