Merger & Acquisition News
Discover the latest merger and acquisition news. Stay informed about new deals, strategic partnerships, and their impacts on market positions and business operations. Get insights into the reasons behind M&A activities and their financial implications.
Nov 7, 2023 at 8:45 AM
733Park Advises Improving Payments in the Acquisition of Merchantology Agent Merchant Portfolio
BOSTON--(BUSINESS WIRE)--733Park, Inc. is pleased to announce the recent acquisition by their client, Improving Payments, of a Merchantology agent portfolio. Improving Payments is a payments company focused on reducing the pain and red tape merchants encounter from banks, credit card processors, and other intermediaries when they accept credit cards. Providing individualized assistance and solutions to merchants across the USA, the recent acquisition of the agent portfolio of Merchantology will...
Nov 7, 2023 at 8:39 AM
Keysight Announces the Filing of a Tender Offer for all Remaining Outstanding Shares of ESI Group at a Price of 155 Euros Per Share
SANTA ROSA, Calif.--(BUSINESS WIRE)--Keysight Technologies, Inc. (NYSE: KEYS), which currently owns 50.6% of the share capital and 46.3% of the theoretical voting rights of ESI Group SA (Euronext Paris Symbol: ESI) (“ESI Group”), today announces the filing of the tender offer for all remaining outstanding shares of ESI Group. Following the completion of the acquisition by Keysight of 50.6% of the shares of ESI Group announced on November 3rd, 2023, Keysight Technologies Inc., through its fully...
Nov 7, 2023 at 8:35 AM
AGCO Releases November 2023 North American Distribution Network Update
DULUTH, Ga.--(BUSINESS WIRE)--AGCO congratulated Redlund Equipment for its acquisition of Sorum Tractor's location in Alamosa, CO, to expand its services in eastern Colorado....
Nov 7, 2023 at 8:30 AM
Warner Pacific Completes Acquisition of BeneUSA
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Warner Pacific, the most trusted General Agency for brokers across California, Colorado, Texas, Oklahoma and Florida, today announced that it has expanded into Minnesota by successfully completing its acquisition of BeneUSA LLC (“BeneUSA”), an Excelsior-based employee benefits General Agency specializing in ancillary group insurance products and services that cater to insurance brokers, agents, and their organizations. Terms of the deal were not disclo...
Nov 7, 2023 at 8:30 AM
Aeries Technology, Inc to Become Publicly Traded Company Following Close of Business Combination with Worldwide Webb Acquisition Corp.
NEW YORK--(BUSINESS WIRE)--Aeries Technology, Inc (“Aeries” or “the Company”), a global professional services and consulting partner, today announced that it completed its previously announced business combination (the “Business Combination”) with Worldwide Webb Acquisition Corp. (formerly Nasdaq: WWAC) (“WWAC”), a publicly traded special purpose acquisition company, on November 6, 2023. Starting November 8, 2023, the ordinary shares and warrants of the combined company, Aeries Technology, Inc....
Nov 7, 2023 at 8:24 AM
Kreshmore Group Advises the Rhino Tool Company on its Sale to Palindrome, LLP.
LEMONT, Ill.--(BUSINESS WIRE)--Kreshmore Group (KG), a leading mergers and acquisitions advisory firm, is pleased to announce its role as exclusive sell-side advisor to the Rhino Tool Company (Rhino) in its acquisition by Palindrome, LLP (Palindrome). The transaction was led by Kreshmore’s Anthony Lazzara. About the Rhino Tool Company: Rhino is an industry leading Made-in-America manufacturer of pneumatic, hydraulic, and gas-powered tools for applications in the fencing, agricultural, construct...
Nov 7, 2023 at 8:00 AM
Consolidated Communications Announces Third Quarter Financial Results
MATTOON, Ill.--(BUSINESS WIRE)--Consolidated Communications Holdings, Inc. (Nasdaq: CNSL) (the “Company” or “Consolidated”), a top 10 fiber provider in the U.S., today reported results for the third quarter of 2023. Third Quarter 2023 Results Revenue totaled $283.7 million Overall consumer revenue was $115.2 million Consumer fiber revenue was $34.0 million Total consumer broadband net adds were 9,392 Consumer broadband revenue was $75.1 million Commercial data services revenue was $53.9 million...
Nov 7, 2023 at 8:00 AM
Ardian Acquires $2.1 Billion Private Equity Portfolio from CPP Investments
NEW YORK--(BUSINESS WIRE)--Ardian, a world-leading private investment house, today announced it has acquired a US$2.1 billion portfolio of limited partnership interests in 20 private equity funds from Canada Pension Plan Investment Board (CPP Investments™), a global investment management organization with C$575 billion of assets under management. The portfolio comprises 20 limited partnership interests, a majority of which are North American but also includes European buyout funds. The deal con...
Nov 7, 2023 at 8:00 AM
MidOcean Partners Acquires Smith System, a Leading Workplace Safety Training Platform and Gold Standard Provider of Driver Safety Training for Commercial Fleets
ARLINGTON, Texas--(BUSINESS WIRE)--MidOcean Partners (“MidOcean”), a premier New York-based alternative asset manager specializing in middle-market private equity and alternative credit investments, today announced that it has acquired Smith System Driver Improvement Institute, Inc. (“Smith System” or the “Company”), a leading B2B workplace safety training platform and the recognized “gold standard” provider of driver safety training for commercial fleets, from Levine Leichtman Capital Partners...
Nov 7, 2023 at 8:00 AM
Presidio Investors Expands Portfolio with Acquisition of Almaden
AUSTIN, Texas--(BUSINESS WIRE)--Presidio Investors, LLC (“Presidio”) purchased a majority of Almaden, a niche leader in marketing supply chain services. Almaden, headquartered in Santa Clara, CA, separates itself from the competition by leveraging technology and providing superior customer service for their high-growth client base. Over its 25-year history, Almaden has grown to offer a comprehensive portfolio of marketing solutions such as promotional products, signage, print, packaging, direct...
Media & Journalist Tools
From headlines to storylines—Business Wire delivers the news you need, when you need it.