Merger & Acquisition News

BOSTON--(BUSINESS WIRE)--International real estate business Pembroke has announced the acquisition of Proto in Kendall Square in Cambridge, MA. A vibrant property since opening in 2018, Proto’s 280 units are currently 95% occupied. The property is situated in the epicenter of technology, life science and academia and offers residents amenities that improve the quality of life—community spaces for entertaining or work, onsite concierge, a landscaped terrace, fitness center, pet spa and expansive...

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Warner Pacific, a trusted national General Agency for brokers nationwide, today announced it has completed the acquisition of Local Insurance Advisors (“LIA”), a leading individual Medicare and health insurance advisory firm based in Oklahoma. The acquisition strengthens Warner Pacific’s geographic footprint in the Midwest and enhances the company’s growing Medicare and individual health insurance distribution capabilities. Founded with a mission to si...

LADERA RANCH, Calif.--(BUSINESS WIRE)--Strategic Storage Growth Trust III, Inc. (“SSGT III”), a private real estate investment trust sponsored by an affiliate of SmartStop Self Storage REIT, Inc. (“SmartStop”) (NYSE: SMA), announced the acquisition of a three-property self-storage portfolio in Spartanburg County, South Carolina. The portfolio totals approximately 179,900 net rentable square feet and includes approximately 1,580 storage units, the majority of which are climate-controlled, along...

NEW YORK--(BUSINESS WIRE)--Elevate, a global, integrated agency network committed to helping properties forge deeper connections with their audiences to unlock growth, today announced the strategic acquisitions of Downstream and GA. Together, the combination brings Elevate Creative to more than 250 designers, technologists, and strategists worldwide, operating from studios across North America, Europe, and Asia, and serving more than 400 combined clients globally. These acquisitions mark a bold...

LEHI, Utah & LOS ANGELES--(BUSINESS WIRE)--Pattern Group acquires NextWave, expanding AI-driven TikTok commerce capabilities....

LOS ANGELES--(BUSINESS WIRE)--Air Lease (NYSE: AL) announced today that its Class A common stockholders have voted to approve the previously announced definitive merger agreement, dated as of September 1, 2025, pursuant to which Air Lease will be acquired by a new holding company named Sumisho Air Lease Corporation DAC, based in Dublin, Ireland, whose shares will be held by Sumitomo Corporation, SMBC Aviation Capital Limited, and investment vehicles affiliated with Apollo managed funds and Broo...

SHALIMAR, Fla.--(BUSINESS WIRE)--Lee's Famous Recipe® Chicken, a name synonymous with delicious, home-style fried chicken for nearly 60 years, enters a new era of growth in Central Indiana as third-generation legacy Jack Omer acquires the New Castle restaurant and signs a development agreement for six new Lee’s locations to open in the greater Indianapolis area over the next five years. Omer is the grandson of Harold Omer, who co-founded Lee’s with his brother-in-law and Jack’s great-uncle, Lee...

NEW YORK--(BUSINESS WIRE)--Teamshares Inc. (“Teamshares”), a tech-enabled acquiror of high-quality businesses, and Live Oak Acquisition Corp. V (NASDAQ: LOKV, “Live Oak V”), a publicly traded special purpose acquisition company, announced the confidential submission of a draft registration statement on Form S-4 with the Securities and Exchange Commission (“SEC”) today in connection with a proposed business combination between Teamshares and Live Oak V announced on November 14, 2025. Upon closin...

STAMFORD, Conn.--(BUSINESS WIRE)--Altus Power, one of the nation’s leading long-term owners and operators of commercial-scale solar assets, today announced the acquisition of a 234 Megawatt portfolio of solar generation and storage assets from Greenbacker, an energy-transition focused investment manager and independent power producer, comprising more than 100 sites across 18 states. This transaction ranks among the most significant distributed generation asset purchases in recent years, reinfor...

DALLAS--(BUSINESS WIRE)--Generational Group, a leading mergers and acquisitions advisory firm for privately held businesses, is pleased to announce the sale of Cahill-Stout Inc. dba A-R-T & Associates to an ESOP, sponsored by Southeast Acquisition Capital. The acquisition closed November 26, 2025. Headquartered in Atlanta, Georgia, A-R-T & Associates creates artistic visual environments for corporate, healthcare, education, and hospitality clients. They offer services including fine-art...