Merger & Acquisition News

SEATTLE--(BUSINESS WIRE)--ALSP Orchid Acquisition Corporation I (Nasdaq: ALOR) (the “Company” or “ALSP Orchid”) announced today that it will redeem all of its outstanding Class A ordinary shares (the “Public Shares”), effective as of the close of business on November 14, 2023 or as soon as possible thereafter because the Company will not consummate an initial business combination within the time period required by its Amended and Restated Memorandum and Articles of Association (the “Articles”)....

WOODBURY, Minn--(BUSINESS WIRE)--Minneapolis' I-Tek Medical & Vita Group unite to create VitaTek, the only vertically integrated US medical device company....

DALLAS--(BUSINESS WIRE)--11th Hour Laborer, a Generational Equity client, was acquired by Northwest Restoration Operating and R1 Dallas Operating....

NEW YORK--(BUSINESS WIRE)--Sica | Fletcher releases the Q3 2023 Agency & Broker Buyer Index. An analysis of the most active acquirers in the insurance brokerage space reveals higher average revenue values but lower transaction volume compared to 2022 as the market enters Q4. The Sica | Fletcher Broker Buyer Index stands as the leading report on mergers and acquisitions within the insurance brokerage sector. Leveraging self-reported data from 22 prominent agent and broker acquirers, this ind...

MILL VALLEY, Calif.--(BUSINESS WIRE)--Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties (“FCPT” or the “Company”), is pleased to announce the acquisition of a Taco Bell property for $2.2 million. The property is located in a strong retail corridor in Oklahoma and is franchisee-operated under a triple net lease to K-MAC Enterprises, LLC with approximately five yea...

BOSTON--(BUSINESS WIRE)--Electronic Registry Systems (ERS) acquired by Health Catalyst; Outcome Capital served as the exclusive strategic and financial advisor to ERS...

PHILADELPHIA--(BUSINESS WIRE)--Janney Montgomery Scott LLC, a leading full-service wealth management, capital markets, and asset management firm, announced today that it has agreed to acquire TM Capital, a premier middle market investment bank specializing in M&A advisory across the business services, industrials, healthcare, and consumer sectors. TM Capital has 17 managing directors and nearly 50 total employees with offices in Atlanta, Boston, and New York City. The acquisition continues...

HAMILTON, Bermuda--(BUSINESS WIRE)--Fleming Insurance Holdings (“Fleming”), an innovative provider of capital solutions to P&C insurers globally, today announced that it has entered into an agreement to acquire JRG Reinsurance Company Ltd. (“JRG Re”) from James River Group Holdings, Ltd. This is a transformational transaction contributing to Fleming’s growth plan with the addition of complementary infrastructure, a strong balance sheet and capital base, experienced reinsurance professionals...

BOLOGNA, Italy & MORRISTOWN, N.J.--(BUSINESS WIRE)--Alfasigma S.p.A. (“Alfasigma”) and Intercept Pharmaceuticals, Inc. ( “Intercept”) announced today the completion of the acquisition of Intercept by Alfasigma through its wholly owned subsidiary Interstellar Acquisition Inc. Following the completion of Alfasigma’s successful tender offer to purchase all outstanding shares of common stock of Intercept for USD 19.00 per share, net to the seller thereof in cash, without interest, less any applicab...

CHICAGO--(BUSINESS WIRE)--CORE Industrial Partners Furthers Its Investment Thesis into Folding Carton Packaging Sector with the Acquisition of General Converting...