Merger & Acquisition News

SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC) (“Elastic”), the company behind Elasticsearch®, today announced an agreement to acquire Opster, the creators of AutoOps, a powerful platform that provides deep insight to automatically detect and resolve issues with cluster health, improve search performance, and reduce hardware costs. “We are excited to welcome the Opster team to Elastic,” said Ken Exner, chief product officer, Elastic. “Opster will help our users get more out of their Elast...

IRVINE, Calif.--(BUSINESS WIRE)--On November 15, 2023, Resources Connection, Inc. (Nasdaq: RGP) (“RGP”), a global consulting firm, closed a transaction to acquire 100% of the equity of CloudGo Pte Ltd. and its subsidiaries (collectively, “CloudGo”). Headquartered in Singapore, CloudGo is a digital transformation firm and one of the fastest growing Elite ServiceNow Partners. CloudGo will be combined with RGP’s Veracity business and will accelerate the expansion of RGP’s digital presence across t...

BLOOMSBURG, Pa.--(BUSINESS WIRE)--Lance O. Diehl, Chairman, President and Chief Executive Officer of Muncy Columbia Financial Corporation (OTC Pink: CCFN), announced today the completion of the merger of Muncy Bank Financial, Inc. ("MBF") with and into CCFNB Bancorp, Inc. ("CCFNB"), and the merger of The Muncy Bank and Trust Company ("Muncy Bank") with and into First Columbia Bank & Trust Co. ("First Columbia Bank"). In connection with the mergers, effective November 11, 2023, CCFNB changed...

EVERGREEN, Colo.--(BUSINESS WIRE)--1stWEST Mergers and Acquisitions, the leading investment bank and M&A advisory in the building material sector, announced today that its client, JS Wilson, has been acquired by ABC Supply Co., Inc. 1stWEST M&A served as the JS Wilson’s advisor in the successful transaction. John S. Wilson was founded in 1881 and it is located in West Friendship, Maryland, where it has operated a full-service lumberyard for many years. The family-owned Company, which is...

DEERFIELD BEACH, Fla.--(BUSINESS WIRE)--Landtec Surveying & Lien, a prominent Florida land surveying company, proudly announces its acquisition of Wallace Surveying Corporation (WSC), Palm Beach County's top commercial surveying firm. This strategic merger is a significant milestone for Landtec, solidifying its position as one of Florida's fastest-growing land surveying companies. Landtec Surveying was initially founded by Andrew Snyder, who currently serves as an adviser and CFO. With Andr...

PITTSBURGH--(BUSINESS WIRE)--ERIKS North America (ENA) announced that it has acquired the assets of Branham Corporation (Branham), a prominent fabricator and distributor of industrial hoses, gaskets, conveyor belts and related services. Founded in Louisville, KY in 1973 as Branham-Mingis by the late William E. Branham and Stephen Mingis, Branham has grown over the past five decades to include five fabrication/distribution plants and 8 sales locations covering the Midwest and Gulf coast regions...

PHILADELPHIA--(BUSINESS WIRE)--WhiteHawk Energy, LLC (“WhiteHawk” or the “Company”) announced today the acquisition of additional Marcellus Shale natural gas mineral and royalty assets for a total purchase price of $54.0 million. The acquisition increases WhiteHawk’s mineral and royalty ownership in its existing 475,000 gross acre position by 100% (collective with WhiteHawk’s existing position, the “Marcellus Assets”). WhiteHawk’s Marcellus Assets are primarily located in Washington and Greene...

ROCKVILLE, Md.--(BUSINESS WIRE)--Standard Solar is poised to play a pivotal role in propelling solar energy adoption in Virginia with the acquisition of a 12-megawatt community solar project portfolio from New Leaf Energy. These transformative projects in Chatham and Kilmarnock mark the company’s debut in Virginia’s community solar market and symbolize a crucial step forward in the Commonwealth’s journey toward a more sustainable and solar-powered future. “These community solar projects are mor...

ATLANTA--(BUSINESS WIRE)--Caymus Equity Acquires Quality Environmental Services, its Third Investment out of Caymus Equity Partners Fund II...

DENVER--(BUSINESS WIRE)--Out&Back Outdoor, the one-stop marketplace to buy or sell new and used outdoor gear, today announces its acquisition of gear exchange company The Locals Sale. With both companies having influential stakes in the outdoor gear space, this acquisition positions Out&Back to continue expanding its offerings that support sustainability and affordable pricing while challenging the way consumers typically shop and sell secondhand. Founded in 2019 by Barruch Ben-Zekry, O...