Merger & Acquisition News

BOSTON & LOS ANGELES--(BUSINESS WIRE)--SKKY Partners, a private equity firm focused on high-growth, market-leading consumer brands, today announced that it has signed a definitive agreement to acquire a significant minority stake in TRUFF, the premium flavor-enhancement brand known for elevating and reimagining pantry staples in the sauce and condiments categories. Financial terms of the transaction were not disclosed. Founded in 2017 by Nick Ajluni and Nick Guillen, TRUFF is bringing truffle-i...

NEW YORK & TORONTO--(BUSINESS WIRE)--FGS Global announced today that it has acquired Longview Communications and Public Affairs, bringing together two of the world’s leading communications and public affairs advisory firms. FGS will now be able to serve clients more extensively throughout North America, with a deeply experienced team across eight offices in the United States and three offices in Canada. FGS’s approximately 1,300 professionals around the world offer an integrated suite of capabi...

SAN JOSE, Calif. & PALO ALTO, Calif.--(BUSINESS WIRE)--Broadcom Inc. (NASDAQ: AVGO) and VMware, Inc. (NYSE: VMW) today announced that they have received all required regulatory approvals and intend to close Broadcom’s acquisition of VMware on November 22, 2023. Broadcom has received legal merger clearance in Australia, Brazil, Canada, China, the European Union, Israel, Japan, South Africa, South Korea, Taiwan, the United Kingdom, and foreign investment control clearance in all necessary jurisdi...

MINNEAPOLIS--(BUSINESS WIRE)--NOG Announces Bolt-on Acquisitions; Expands Northern Delaware Position and Enters Ohio Utica Shale in Appalachia...

GREENWICH, Conn. & NEW YORK--(BUSINESS WIRE)--Stardust Power Inc. (“Stardust Power” or “the Company”), a development stage American manufacturer of battery-grade lithium products, and Global Partner Acquisition Corp. II (“GPAC II”) (Nasdaq: GPAC; GPACW; GPACU), a publicly traded special purpose acquisition company (“SPAC”), today announced it has entered into a definitive agreement for a business combination that would result in Stardust Power becoming a publicly listed company on Nasdaq under...

RAHWAY, N.J., & CAMBRIDGE, Mass.--(BUSINESS WIRE)--Merck (NYSE: MRK), known as MSD outside of the United States and Canada, and Caraway Therapeutics, Inc. announced today that the companies have entered into a definitive agreement under which Merck, through a subsidiary, will acquire Caraway Therapeutics for a total potential consideration of up to $610 million, including an undisclosed upfront payment as well as contingent milestone payments. The upfront payment will be expensed by Merck in th...

LOS ANGELES--(BUSINESS WIRE)--Levine Leichtman Capital Partners (“LLCP”), a Los Angeles-based private equity firm, announced today that it has sold its portfolio company Therapeutic Research Center (“TRC” or the “Company”) to Colibri Group, a portfolio company of Gridiron Capital. Financial terms of the transaction were not disclosed. TRC is a leading provider of independent, evidence-based continuing education and training for healthcare professionals and institutions with a particular content...

ZUG, Switzerland--(BUSINESS WIRE)--Funds advised by Bregal Unternehmerkapital (“BU”) have acquired a majority stake in a leading Swiss cloud-managed service provider, Netrics Holding AG (“Netrics” or the “Company”) from Waterland Private Equity (“Waterland”). BU will support the Company in its next stages of growth, including the continuation of its successful M&A strategy. The transaction is expected to close by the end of the year; terms of the transaction were not disclosed. Formed in 20...

CHANTILLY, Va.--(BUSINESS WIRE)--Amentum announced today a definitive agreement to merge with Jacobs’ (NYSE:J) Critical Mission Solutions (CMS) and Cyber and Intelligence (C&I) businesses, creating a new leader in systems integration and technology solutions trusted by the United States and its allies to modernize their most complex missions around the world. The combined organization will be a publicly traded company with $13 billion in revenue and more than 53,000 employees in 83 countrie...

RESEARCH TRIANGLE PARK, N.C.--(BUSINESS WIRE)--Cyberlux Corporation (OTC: CYBL), a leading provider of innovative defense technology systems, announced that the Company achieved a record Cash Flow quarter for the period ended September 30, 2023, and the Company is poised to achieve a record level of Revenue for the year. The Company also grew its Balance Sheet Assets over the last nine months from $12.3 million for the period ended December 31, 2022, to $46.9 million for the period ended Septem...