Merger & Acquisition News

ATLANTA--(BUSINESS WIRE)--DC BLOX acquires 55 Acres and begins construction of a 180MW Data Center Campus in Douglasville, Georgia....

SANTA MONICA, Calif.--(BUSINESS WIRE)--Wilshire, a leading global financial services firm, has entered into a definitive agreement to acquire Lyxor Asset Management Inc. (“Lyxor U.S.”), a U.S.-based investment advisor with $20.8 billion in assets under management1, from Amundi, the largest European asset manager. Through this transaction, Wilshire will become a leading provider of hedge fund managed accounts and enhance its alternative investment offering. Lyxor U.S., a wholly owned subsidiary...

IRVINE, Calif.--(BUSINESS WIRE)--Alliant Insurance Services has acquired The Arrow Group within its Alliant Americas division....

IRVINE, Calif.--(BUSINESS WIRE)--Alliant Insurance Services has acquired Commercial Risk Group (CRG), a retail property and casualty (P&C) insurance agency....

DETROIT--(BUSINESS WIRE)--Leading lower middle-market private equity firm Huron Capital (“Huron”) today announced that The Exigent Group (“Exigent” or the “Company”), a provider of commercial HVAC, plumbing, and other mechanical system repair, maintenance, and replacement services, has acquired Ambient Temperature Corp. (“ATCO”) and, in a separate transaction, Global Facility Solutions (“GFS”). Established in 1985, ATCO is a union mechanical services provider based in Newburyport, Massachusetts...

IRVINE, Calif.--(BUSINESS WIRE)--Alliant Insurance Services has acquired 3000 Insurance Group (3IG), a retail property and casualty (P&C) insurance and employee benefits firm....

MIAMI & TORONTO--(BUSINESS WIRE)--XTM Inc. (“XTM” or the “Company”) (QB: XTMIF / CSE:PAID / FSE:7XT), a Miami, Toronto, Denver and London-based Fintech creator of payment innovation including fully certified Earned Wage Access (EWA) through its QRails AnyDay™ product provided an update today on the QRails acquisition and financing. In March 2023, XTM began the process of negotiating and acquiring QRails. XTM closed the acquisition XTM Closes QRails Acquisition in August 2023. QRails, based in D...

PAWCATUCK, Conn.--(BUSINESS WIRE)--Davis-Standard, LLC (“Davis-Standard”), a global leader in the extrusion equipment and services sector, announced today that it had reached a definitive agreement to acquire the Extrusion Technology Group (“ETG”) from entities controlled by the Dutch Investor Nimbus. The acquisition is subject to customary closing conditions. Davis-Standard has been majority owned by funds affiliated with Gamut Capital Management, L.P. (“Gamut”) since December 2021 and serves...

LONDON--(BUSINESS WIRE)--Accenture has signed an agreement to acquire 6point6, a U.K. technology consultancy, specializing in cloud, data, and cybersecurity....

ROCKVILLE, Md. & NEW YORK--(BUSINESS WIRE)--X-Energy Reactor Company, LLC (“X-energy”), a leading developer of advanced small modular nuclear reactors and fuel technology for clean energy generation, and Ares Acquisition Corporation (NYSE: AAC) (“AAC”), a publicly-traded special purpose acquisition company, announced today that they have mutually agreed to terminate their previously announced business combination agreement (the “Business Combination Agreement”), effective immediately. As a resu...