Merger & Acquisition News

SAN FRANCISCO--(BUSINESS WIRE)--Francisco Partners, a leading global investment firm, specializing in technology and media-focused businesses, announced today that it has partnered with H.I.G. Capital and RBmedia’s management to complete the acquisition of RBmedia from KKR. With this investment, H.I.G. and Francisco Partners will support RBmedia, the leading audiobook publisher in the world, in the continued growth of the company’s vast catalog of spoken content and powerful distribution networ...

DALLAS--(BUSINESS WIRE)--Eastman Fire Protection, a Generational Equity client, was acquired by CertaSite....

DALLAS--(BUSINESS WIRE)--Ryan, a leading global tax services and software provider, has announced the acquisition of the sales and use tax recovery services and audit defense business line from Avalara, a leading provider of tax compliance automation software for businesses of all sizes. Financial terms of the deal were not disclosed. The newly acquired sales and use tax recovery and audit defense business line primarily serves enterprise businesses and their internal tax teams. The acquisition...

NEW YORK--(BUSINESS WIRE)--DoubleVerify (“DV”) (NYSE: DV), a leading software platform for digital media measurement, data and analytics, today announced the closing of the acquisition of Scibids Technology SAS (“Scibids”), a global leader in AI-powered digital campaign optimization. In addition, DV is updating its guidance for the third quarter and full year 2023 to include Scibids’ contribution. Third Quarter and Full-Year 2023 Guidance: DoubleVerify anticipates Revenue and Adjusted EBITDA to...

SAN FRANCISCO--(BUSINESS WIRE)--New Relic (NYSE: NEWR), the all-in-one observability platform for every engineer, announced the completion of the 45-day “go-shop” period pursuant to the terms of the previously announced definitive agreement to be acquired by Francisco Partners, a leading global investment firm that specializes in partnering with technology businesses, and TPG, a leading global alternative asset management firm, for $87.00 per share in cash, representing an equity valuation of a...

DALLAS--(BUSINESS WIRE)--LANstar, a Generational Equity client, was acquired by ProVelocity and IronEdge, a portfolio company of The Riverside Company....

GLENDALE, Calif. & NEW YORK--(BUSINESS WIRE)--Public Storage (NYSE:PSA) (the “Company”) announced today that it has completed the previously announced acquisition of Simply Self Storage (“Simply”) from Blackstone Real Estate Income Trust, Inc. (“BREIT”) for $2.2 billion. The portfolio comprises 127 wholly-owned properties and 9 million net rentable square feet that are geographically diversified across 18 states and located in markets with population growth that has been approximately double th...

FONTENAY-AUX-ROSES, France--(BUSINESS WIRE)--Regulatory News: ICAPE Group (ISIN code: FR001400A3Q3 - Ticker: ALICA), a global technology distributor of printed circuit boards ("PCB"), today announced the acquisition of 100% of the capital of PRINCITEC, a high value-added supplier of PCB. Since 2004, PRINCITEC, located near Düsseldorf, has been providing the full range of technical, sourcing and quality services associated with the distribution of printed circuit boards. Backed by a network of 1...

NEW YORK--(BUSINESS WIRE)--BGB Group (BGB or the “Company”), an award-winning healthcare communications company based in New York City, today announced the acquisition of Kx Advisors (Kx), a leading healthcare strategy consultancy with offices in Washington D.C., London, and Boston. Together, BGB and Kx will continue to serve as a high-science, strategic partner to clients across the commercial lifecycle. The acquisition of Kx Advisors is part of BGB Group’s ongoing capability expansion enhanci...

NEW YORK--(BUSINESS WIRE)--MCR — the country’s 3rd-largest hotel owner-operator — has acquired the Canopy by Hilton Charlotte Southpark, a five-story, 150-room hotel built in 2020 in Charlotte, North Carolina. Closed with new financing in place, the hotel was purchased at a 20% discount to MCR’s estimated replacement cost. This is the company’s sixth hotel in North Carolina and its first Canopy by Hilton hotel. Situated in the upscale commercial and residential Charlotte suburb of Southpark, th...