Merger & Acquisition News

NEW YORK--(BUSINESS WIRE)--Worldwide Webb Acquisition Corp. (“WWAC”) (Nasdaq: WWAC), a special purpose acquisition company, today announced that its stockholders approved all proposals related to the previously announced business combination (the “Business Combination”) with Aark Singapore Pte. Ltd., a Singapore private company limited and its subsidiary (“Aeries Technology” or “Aeries”) at its Annual General Meeting held on November 2, 2023. The business combination is being implemented pursua...

CLEVELAND--(BUSINESS WIRE)--Olympic Steel, Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced financial results for the three months ended September 30, 2023. Net income for the third quarter totaled $12.2 million, or $1.06 per diluted share, compared with net income of $12.0 million, or $1.04 per diluted share, in the third quarter of 2022. EBITDA for the third quarter of 2023 was $27.1 million, compared with $23.8 million in the third quarter of 2022. Third-quarter...

PORTLAND, Maine--(BUSINESS WIRE)--WEX (NYSE: WEX), the global commerce platform that simplifies the business of running a business, today announced that it has completed the previously announced acquisition of Payzer, a high-growth, cloud-based, field service management software provider. “We are excited about this deal and to welcome the Payzer team to WEX,” said Melissa Smith, Chair and CEO, WEX. “We believe our combination will only strengthen and deepen our offerings to WEX’s Mobility custo...

NEW YORK--(BUSINESS WIRE)--Allied Gaming & Entertainment, Inc. (NASDAQ: AGAE) (the “Company” or “AGAE”), a global experiential entertainment company, announced today the closing of the previously announced strategic investment in Beijing Lianzhong Zhihe Technology Co. (“Zhihe”). As of October 31, 2023, AGAE has assumed a controlling interest in the Board for purpose of financial statement consolidation and became the largest shareholder of Zhihe, a prominent developer and operator of casual...

SAN FRANCISCO--(BUSINESS WIRE)--PagerDuty, Inc. (NYSE: PD), a global leader in digital operations management, today announced it has signed a definitive agreement to acquire Jeli, Inc. to transform operations with an enterprise-grade, all-in-one incident management solution. The addition of Jeli’s capabilities to the PagerDuty Operations Cloud will further strengthen its value as a system of action, going beyond response to drive long-lasting improvements in operational maturity. The PagerDuty...

ITASCA, Ill.--(BUSINESS WIRE)--Knowles Corporation (NYSE: KN) ("Knowles" the "Company"), a leading global supplier of high performance components and solutions, including capacitors and radio frequency (“RF”) filters, advanced medtech microphones and balanced armature speakers, and MEMS microphones for the consumer electronics market, today announced results for the quarter ended September 30, 2023. "Knowles delivered third quarter results above our gross margin, Non-GAAP Diluted EPS and cash f...

NEW YORK--(BUSINESS WIRE)--Accenture has acquired The Shelby Group, a leading provider of digital procurement and optimization services....

AUSTIN, Texas--(BUSINESS WIRE)--SubjectWell, the patient access marketplace that connects patients with chronic health conditions to new care options, today announced the acquisition of PatientCentra, an MD Connect, Inc. business. Located in Waltham, MA, PatientCentra offers full-service, global patient recruitment capabilities plus an in-house agency for the development of tailored, patient-centric recruitment journeys. Through this acquisition, SubjectWell now serves the patient recruitment n...

PERRYSBURG, Ohio--(BUSINESS WIRE)--Miner Ltd., the dock and door division of OnPoint Group, announced today the acquisition of Bob’s Overhead Door, Baltimore’s leading commercial and residential door experts. For nearly four decades Bob’s Overhead Door has provided everything from product expertise to service to installation and 24-hour emergency response to keep doors working safely and properly across Baltimore, MD and the surrounding counties. This acquisition furthers Miner’s service footpr...

SAN FRANCISCO--(BUSINESS WIRE)--Meter, a leader in IT infrastructure for businesses, today announced the acquisition of Interval, an app development platform for internal tools....