Merger & Acquisition News

NEW YORK & LONDON--(BUSINESS WIRE)--Fitch Group announced that it has completed the acquisition of all the remaining stock it does not own of Bixby Research and Analytics (“Bixby”)....

LYON, France--(BUSINESS WIRE)--Regulatory News: Mr. Yves REVOL and OLYMP, controlling shareholders of Clasquin SA (Paris:ALCLA), announce that they have entered into exclusive negotiations with SAS Shipping Agencies Services Sàrl ("SAS"), a subsidiary of MSC Mediterranean Shipping Company SA, world leader in maritime transport and logistics, with a view to the sale of all of their shares representing 42% of the share capital of Clasquin SA. This exclusivity has been granted by Mr. Yves REVOL an...

SUNRISE, Fla.--(BUSINESS WIRE)--Jazwares, a leading global toy company, today announced it has further expanded its global presence with the acquisition of Big Balloon, Australia's most innovative full-service toy distributor. Big Balloon has been a key player in the Australian toy industry for more than 12 years, championing big and small brands through to retail success via an extensive network of partnerships with major and independent players. “The Australian toy market is a $1.7B industry....

GROVEPORT, Ohio & COLUMBIA, Pa.--(BUSINESS WIRE)--Komar Industries (“Komar”), a leading designer and manufacturer of industrial waste and recycling processing systems, announced that it has acquired Winter Equipment Corporation (“Winter”), a leading distributor of waste handling and recycling equipment. “Winter has been a valued channel partner since 1992 by offering complementary products and services that expand the value we jointly deliver to our customers,” said Mark Koenig, Komar’s Preside...

IRVINE, Calif.--(BUSINESS WIRE)--Xponential Fitness, Inc. (NYSE: XPOF) (”Xponential” or “the Company”), the largest global franchisor of health and wellness brands, today announced that it has agreed to acquire Lindora, a leading metabolic health brand. Under the terms of the transaction, the 31 existing Lindora clinics will become Xponential franchise locations. Xponential will acquire all of the intellectual property of Lindora and plans to franchise the brand nationally and globally. Given t...

BEDFORD, Mass.--(BUSINESS WIRE)--F.W. Webb Company, the largest wholesale distributor of plumbing, heating, HVAC, LP gas, refrigeration, pipe, valves and fittings in the Northeast, is pleased to announce the opening of its newest wholesale location in Poughkeepsie, NY, following completion of its acquisition of J.D. Johnson Co. at 184 Church Street. “We chose Poughkeepsie because customers in the commercial and residential building trades who live and work in the Dutchess County community requi...

SAN FRANCISCO--(BUSINESS WIRE)--Today, Francisco Partners, a leading global investment firm that specializes in partnering with technology and media businesses, announced its growth investment and funding of the combination of Hal Leonard, the legendary sheet music publisher and music-learning provider, and Muse Group, an industry leader in music content and creation. The partnership of the two companies creates a leading global music learning content platform, solidifies its competitive positi...

LOWELL, Mass.--(BUSINESS WIRE)--MACOM Technology Solutions Holdings, Inc. (“MACOM”) (NASDAQ: MTSI), a leading supplier of semiconductor products, today announced the completion of its acquisition of the radio frequency business (the “RF Business”) of Wolfspeed, Inc. on December 2, 2023. The RF Business is highly complementary to MACOM’s portfolio and creates a compelling combined technology solution. “We are excited to welcome the RF Business team to MACOM,” said Stephen G. Daly, President, Chi...

DURHAM, N.C.--(BUSINESS WIRE)--Wolfspeed, Inc. (NYSE: WOLF) today announced it completed the sale of its radio frequency business (“Wolfspeed RF”) to MACOM Technology Solutions Holdings, Inc. (Nasdaq: MTSI) effective December 2, 2023. Under the transaction terms, Wolfspeed received approximately $75 million in cash, subject to a customary purchase price adjustment, and 711,528 shares of MACOM common stock, which shares had a market value of approximately $60.8 million based on the closing price...

COLUMBIA, S.C. & WOODLAND HILLS, Calif.--(BUSINESS WIRE)--VC3, a market-leading North American managed service provider that focuses on meeting the needs of municipalities, financial services organizations, and commercial businesses, announced today the acquisition of FPA Technology Services, a premier outsourced IT service provider that has operated in the greater Los Angeles area since its founding in 1991. Joining forces with this trusted managed service provider expands VC3’s existing footp...