Merger & Acquisition News

NEW YORK--(BUSINESS WIRE)--Seabury Capital Group LLC (“Seabury”) and Plane View Partners (“PVP”) are pleased to announce the strategic combination of Seabury’s global industry-leading airline advisory, restructuring and investment banking practice with PVP’s highly regarded aviation and aerospace consulting practice. The combination will leverage the deep experience of both firms in advising airlines and other aviation industry participants to provide a broader and more complete set of advisory...

VIENNA, Va.--(BUSINESS WIRE)--Urgent.ly Inc. (“Urgently”), a U.S.-based leading provider of digital roadside and mobility assistance technology and services, today announced that, subject to the completion or waiver of customary closing conditions, the Closing of the Merger (as defined below) is expected to take place prior to the market open on Thursday, October 19, 2023. Capitalized terms used in this press release but not otherwise defined herein have the meanings given to them in the Merger...

NASHVILLE, Tenn.--(BUSINESS WIRE)--Montecito Medical, a leading acquirer of medical office properties nationwide, has completed the acquisition of seven medical office buildings in upstate South Carolina. Concentrated in the Greenville and Clemson market areas, the seven properties represent a combined total of more than 88,000 square feet and are 100% occupied. “We are pleased to add these high-quality medical real estate assets to our portfolio and for the opportunity to partner with a market...

LAS VEGAS--(BUSINESS WIRE)--Announcement of VNS acquisition by Aurora Payments....

CHARLOTTE, N.C.--(BUSINESS WIRE)--Barings, one of the world’s largest diversified real estate investment managers, today announced its joint venture with Foulger Pratt to acquire a 172-unit build-to-rent (BTR) community in the Raleigh, N.C. metropolitan area. The $50+ million acquisition marks Barings’ entrance into the BTR market and builds on the firm’s $12.5+ billion* U.S. real estate equity platform. The transaction brings Foulger Pratt’s BTR portfolio to 700 homes and approximately $250 mi...

NEW YORK & BURLINGTON, Mass.--(BUSINESS WIRE)--CIRCOR International, Inc. (“CIRCOR” or the “Company”), one of the world’s leading providers of mission critical flow control products and services for the Industrial and Aerospace & Defense markets, today announced the successful completion of its acquisition by investment affiliates of KKR for $56.00 per share. As a result of the completion of the transaction, CIRCOR common stock has ceased trading and will no longer be listed on the New York...

DALLAS--(BUSINESS WIRE)--Paceline Equity Partners today announced that portfolio company AHF Products, a leading manufacturer of hard surface flooring in North America, has acquired Crossville, Inc., a premier manufacturer of porcelain tile and accessories for both residential and commercial applications in interior and exterior floors, walls, and countertops. Founded in 1986 and headquartered in Tennessee, Crossville has been at the forefront of innovation in the tile industry since its foundi...

HAUPPAUGE, N.Y.--(BUSINESS WIRE)--CS Hudson, a leading interior services facilities maintenance firm and a subsidiary of Orion Group company, today announced its successful integration of American Project and Repair (AP&R), a Michigan-based building maintenance services company. This strategic move further bolsters CS Hudson’s client portfolio and talent pool, marking its first integration and milestone since partnering with Orion Group in May 2023. The relationship means that AP&R clie...

SAN JOSE, Calif. & PALO ALTO, Calif.--(BUSINESS WIRE)--Broadcom Inc. (NASDAQ: AVGO) and VMware, Inc. (NYSE: VMW) today announced that the deadline for VMware stockholders of record to elect the form of merger consideration they wish to receive in connection with Broadcom’s acquisition of VMware (the “Transaction”) is 5:00 p.m. Eastern Time on October 23, 2023 (such deadline, as it may be extended, the “Election Deadline”). VMware stockholders who hold shares through a bank, broker or other nomi...

HOUSTON--(BUSINESS WIRE)--Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood”) today announced that leading independent proxy advisory firm Institutional Shareholder Services (“ISS”) recommends that unitholders vote “FOR” the pending transaction (the “Transaction”) with Energy Transfer LP (NYSE: ET) (“Energy Transfer”) at the special meeting of unitholders scheduled to be held on October 30, 2023. In its report dated October 17, 2023, ISS stated1: “…the strategic rationale is compelling and...